Paypoint Share Discussion Threads

[debaura1] 05/12/2019 12:56

great thanks

[rik shaw] 05/12/2019 12:45

As noted above this has gone ex div today for 11.8p basis and 9.2p special giving 21p total payable 30/12. This is repeated 6/2/20 payable 9/3/20.

[guman] 05/12/2019 12:44

yes, paid on 30/12/19

[debaura1] 05/12/2019 12:41

I mean was there a special?

[debaura1] 05/12/2019 12:40

What dividend was paid today?

[guman] 05/12/2019 10:29

do not forget share price dividend of 9.2p as well

[3rd eye] 28/11/2019 13:13

PAY Paypoint.........like the look of this stock and forward P/E estimates below and all the financials. Throws off cash.

Annual Income Statement Data

Actuals in M GBP Estimates in M GBP

Fiscal Period March 2017 2018 2019 2020 (e) 2021 (e) 2022 (e)

Sales 212 214 117 122 125 129
EBITDA 59,7 64,0 63,7 66,5 69,6 71,9
Operating profit (EBIT) 52,3 53,5 54,0 56,0 58,9 61,0
Pre-Tax Profit (EBT) 69,1 52,9 54,7 54,9 57,9 62,1
Net income 59,6 42,9 44,4 44,3 46,9 50,4
P/E ratio 11,8x 12,7x 13,2x 15,2x 14,2x 13,3x
EPS ( GBp ) 87,2 62,7 64,8 64,9 69,1 73,7
Dividend per Share ( GBp ) 81,7 82,5 82,9 82,6 83,9 59,2
Yield 7,97% 10,3% 9,67% 8,40% 8,54% 6,02%

Forward P/E to 2020 falls to 14.2 cheap imho.

Results for 6 months below...



In parcels, our new partnerships with eBay, Amazon, FedEx and DHL are now delivering good volumes driving overall parcel volume growth of 15.1% in the first half.

Solid looking outlook

Outlook

Whilst the financial performance of the business will be influenced by parcel volumes and continued resilience in UK bill payments over the second half, the progress of the business during the first half, reported today, underpins the Board’s confidence that as PayPoint’s growth drivers continue to develop, there will be progression in profit before exceptional items and tax for the full financial year to 31 March 2020.

Latest Broker Views

MARKET DATA
28 Nov 2019 Liberum Capital Buy 992.00 983.00 1,200.00 -
Reiterates share price Target 1200

25 Jul 2019 JP Morgan Cazenove Overweight 992.00 920.00 1,214.00 1,151.00 Reiterates share price Target 1151

Chart shows share price on the verge of breaking a resistance line going back to early August of 990p being broken.



Ive bought the stock this morning.

[3rd eye] 28/11/2019 13:11

PAY Paypoint stock flying off the shelves . Buy volume twice that of sell volume.

This parcel division with clients ........In parcels, our new partnerships with eBay, Amazon, FedEx and DHL are now delivering good volumes driving overall parcel volume growth of 15.1% in the first half. looks to be a corker of a business decision/move.

[gabsterx] 28/11/2019 11:09

Dividend payments is confusing due to the change of payment schedule. It's laid out in a clearer way in the presentation that came up after the RNS:



So it seems that the total DPS will be 84p for 2019, a small increase from last year but still represents a monster well covered yield of about 8.5%!

[mercer95] 28/11/2019 08:46

Seems like a decent enough set of results, over 15000 PayPoint One sites, exceeding original target, markets in general today not helping the share price but long term PayPoint looking solid IMO GLA

[gabsterx] 28/11/2019 07:17

Lower reported profits but that's excluding the one off VAT benefit. Costs have increased but it seems it was used for service improvement and MS Dynamics NAV implementation (great ERP which I've been using for 5 years). Don't like the net cash becoming net debt, wouldn't mind if they eased off the divi increased to maintain a positive cash balance.

"Costs increased by £3.0 million to £33.2 million. Underlying costs which excludes the prior period VAT benefit of £1.7 million increased by £1.3 million (4.1%). The increase in underlying cost was primarily due to investment in customer service through additional resources for the contact centre, the parcels team, to roll out the parcel proposition to new partners, and the client service team. "

[togglebrush] 28/11/2019 07:08

On first reading of results

Ordinary interim dividend of 23.6 pence per share and an additional
interim dividend of 18.4 pence per share declared. The total dividend of
42.0 pence per share will be paid in equal instalments of 21.0 pence per
share on 30 December 2019 and 9 March 2020.

instalments of 21.0 pence per share on 30 December 2019
to shareholders on the register on 6 December 2019
and 9 March 2020
to shareholders on the register on 7 February 2020

[linton5] 28/11/2019 04:07

Beautiful golden Cross forms on the daily if results are good the weekly chart looks fantastic also one of the best I've seen in a longtime all converging together and all just turned up. If 993 breaks next stop 1090 which to be honest is still cheap for Pay, been range bound for years great company though that must be said truthfully

[linton5] 27/11/2019 23:10

Fingers crossed mercer95 quarter divi dates of 21p hopefully as well announced

[mercer95] 27/11/2019 15:59

Half year results tomorrow, anything half decent & the share price should break £10 IMO

[suncanaria] 26/11/2019 19:19

Yes but it will start to bite as retailers switch to Payzone taking other business.

[trident5] 26/11/2019 16:27

Old news - announced in June.

[suncanaria] 26/11/2019 16:07

Looks like Paypoint have lost British Gas

[mercer95] 21/11/2019 08:48

I bought in recently, I went from paying cash for the majority of my spending to never using it & I didn’t even realise, chip & pin is becoming second nature now for a lot of people, even the older generation can see the benefits, no pin numbers to remember & no cash to carry, Paypoint are one of the leading players in a growth industry so I’ll hold these for a while, just my opinion GLA

[linton5] 06/11/2019 16:31

Well some institution clearing the decks hopefully that’s it but if not I’ll buy more

[linton5] 05/11/2019 10:27

Woodford stock possibly who knows cracking div down here

[trident5] 05/11/2019 10:10

More sellers than buyers, most likely.

[gswredland] 05/11/2019 09:49

If 850 hit I will jump in
Wonder what has brought about this weakness?