Paypoint Share Discussion Threads

[2bluelynn] 09/5/2021 13:32

bend1pa That was back in September 2020 how long does it take ? Or have they decided not to take any further action ?Thankyou in advance

[deadly nightshade] 07/5/2021 21:59

Anyone else see the one million buy slipped in there today. Interesting

[bend1pa] 07/5/2021 15:59

"It’s like something is holding the price back on this..."

Yeah. This investigation, for one thing.

tinyurl.com/frpnd4a9

[buddenbrook1] 05/5/2021 16:48

Picked up another 10k today. Under the radar I feel.

[this_is_me] 14/4/2021 11:43

A useful rise this month so far.

[togglebrush] 13/4/2021 12:22

RNS ... listed as Disposal on 12 April 2021 is the Acquisition of RSM 2000 completed

[isalolly] 09/4/2021 19:23

Good move getting out of the Romanian business & for a cash profit. Expect a special dividend when results are announced & a steady share price rise to boot. Added on Thursday morning, perfect timing I hope.

[linton5] 08/4/2021 18:42

Sneaked it in last few minutes mmm coulda put it out at 7am tmmw nice rns anyway good profit from sale

[togglebrush] 08/4/2021 17:11

PayPoint completes the disposal of Romanian business to Innova Capital SEE RNS

[this_is_me] 07/4/2021 19:07

A hint of a rise.

[togglebrush] 01/4/2021 14:17

FWIW

Stockopedia has a long article on Greenblatt’s Magic Formula strategy which uses two simple ratios: the earnings yield as a measure of ‘cheapnessR17; and return on capital as a measure of ‘quality’;. In brief :-

Earnings yield tells you how much profit a company is making in relation to its underlying value. To take account of varying levels of cash and debt in companies, a widely used way of working it out is to divide what the company earns in operating profit by its total valuation (known as the enterprise value). You can then apply this earnings yield to every company in the market to see which are offering the best value – the higher the yield, the cheaper the company and the more bang you get for your buck
'
A key example in article is
Paypoint____Market Cap £405m___Magic Formulae Rank 99.2%

[togglebrush] 28/3/2021 10:34

FRIDAY Highest volume since the Interims on 26th Nov 20
'
Daily Trading Volumes Stats
'
From________________________26/11/2020

Maximum_______1,604,058_____FRIDAY 26 March 21
One in 100 day__833,126
Q3______________213,237
Median__________130,022_____Middle of a sorted sampole
Q1_______________85,593
Min______________26,839
'
Previous high_3,412,111____19/11/2020
'
FWIW Results scheduled for 27th Mav 2021

[2bluelynn] 03/3/2021 14:29

It's like something is holding the price back on this . Looking at volume ect !

[fairtrader66] 25/2/2021 17:45

It is a buy if you look at their earnings over time and consider what they will be past covid

plus

They have innovated and re-engineered in the down-time which shows exceptional management skill.

They are a significant cash generating business which will need to trim the dividend a little in future as a % but earnings growth will more than compensate for this

It's a buy

[ukneonboy] 25/2/2021 17:38

Still NOT a buy..... even with the RSM2000 purchase..... sorry

[this_is_me] 17/2/2021 22:34

Good overview of the wide range of the business and the prospects of increasing profit potential.

[m_kerr] 16/2/2021 19:44

what are people's thoughts on paypoint's product obsolescence?

[togglebrush] 16/2/2021 08:33

Paypoint is in the process of selling its Romanian business and expanding its UK business. A company in transforming and expanding its UK business
'
Another new service Feb 2021
'
PayByLink allows companies to send customised payment reminders by email or SMS, enabling quick payments. The new development in PayByLink Recurring Payments will now enable customers to decide whether to make a single, one-off payment or set up a recurring payment.
'
4 February 2021 completes the acquisition of Handepay and Merchant Rentals

10 February 2021 announces the acquisition of RSM 2000
'
21 January RNS notes other new businesses and sale
'
-- Successful completion of i-movo acquisition at the end of November 2020,
enhancing our EPOS and terminal services proposition and creating new
opportunities with Newspaper, Government, FMCG, Utilities and banking
clients
'
-- Disposal of Romanian business on track for end of March at significant
profit, underpinning UK-focused strategy

[chainsaws] 15/2/2021 14:43

The steep swallow dive in the PayPoint share price starting back in March 2020 / April 2020 looks fully justified.

PayPoint's REDUCED handling of CASH transactions with most retailers and businesses preferring to take card payments, has made the PayPoint dividend unsustainable.

STILL NOT A BUY......

[ukneonboy] 12/2/2021 16:56

Presumably it's been quite a difficult 12 months for PayPoint due to CoVid19.

With most local retailers requesting "Payment By Card" rather than via cash (to avoid handling notes and coins and then having to queue up at the High Street Banks) the acquisition of RSM2000 brings cutting edge card payment handling solutions to PayPoint.

Some might argue, PayPoint has been slow off the mark, in going down the Card Payment route, but it seems to have done exceptionally well with RSM2000

[ukneonboy] 11/2/2021 11:44

The total purchase cost (consideration) of the RSM2000 acquisition is anticipated to be in the region of £6 million - £7 million

[ukneonboy] 10/2/2021 21:14

Presumably the acquisition of RSM2000 by PayPoint will ultimately require the formal approval of the Financial Conduct Authority, to reach completion.

Exact timings to be determined by the F.C.A (of course) in respect of the usual Compliance Regs and Due Diligence checks for Payment Processors.

[ukneonboy] 10/2/2021 15:47

As far as I can tell, the RNS info confirming the purchase was NOT released until lunchtime today, so I suspect the City is not yet fully familiar with RSM2000 and it's business model.

Interestingly, RSM2000 handles card payments whereas PayPoint mainly handles cash, so bolting the two business operations together makes a lot of sense.

I dont think the RNS info actually stated the exact price (consideration) being paid to the vendors of RSM2000, but no doubt this will become public knowledge at some point in the near future.

(See RNS below)

PayPoint announces the acquisition of RSM 2000
================================================================

Significantly enhances digital payments capability and sector reach as
part of continued step change in strategic delivery


-- Founded in 1999, RSM 2000 provide a wide range of digital payment
solutions, including Direct Debit processing, card and text payments and
innovative mobile event payment solutions to a significant number of
clients across diverse sectors, including charities, not-for-profit
organisations and SMEs in the UK

-- Enhances PayPoint's existing MultiPay digital payments portfolio - brings
Direct Debit processing and BACS Bureau capability in-house and adds
facilities management accreditation enabling management of Direct Debits
on behalf of clients

-- Enables PayPoint to offer additional digital payment services to existing
clients and reach into new sectors, including Text Donation product for
charities and EventPay solution to support digital payments within the
Events and Live Entertainment Sector

-- Combination of RSM 2000's capability with PayPoint Group's existing
client sales and marketing expertise to accelerate revenue growth in
digital payments

-- Strong margin business delivering accelerated future growth - GBP2.1
million gross revenue and adjusted EBITDA of GBP0.1 million in financial
year ended 31 March 2020

-- Over 700 clients across a diverse range of sectors with high customer
satisfaction (+56 Net Promoter Score)

-- Transaction expected to complete in first quarter of 2021/22 financial
year, subject to regulatory approvals


PayPoint is pleased to announce that it has signed an agreement to
acquire RSM 2000 Ltd ("RSM 2000"), a leading digital payments business
providing innovative solutions to a significant number of clients across
diverse sectors, including charities, not-for-profit organisations and
SMEs in the UK.

PayPoint is well-placed to take advantage of the trends that have
accelerated over the past year due to Covid-19, including the continued
shift from cash to digital payments, and the acquisition of RSM 2000
reinforces that position. The UK Direct Debit market continues to expand,
with over 4.5 billion payments with an overall value of GBP1,327 billion
made in 2019. Direct Debits are used by 90% of the UK population to pay
some or all of their regular bills.

The acquisition will significantly enhance PayPoint's existing MultiPay
digital payments portfolio: bringing Direct Debit capability in-house,
adding innovative mobile payment products and enabling reach into new
sectors, such as charities, not-for-profit and events. Their innovative
EventPay solution provides card terminal hire and connectivity for SMEs
attending shows and fayres across the UK -- an opportunity of over
30,000 events a year with over 10,000 visitors.

Adjusted EBITDA in the financial year ended 31 March 2020 of GBP0.1
million and profit before tax GBP0.1 million. The gross assets as of 31
March 2020 were GBP2.3 million.

The acquisition is subject to regulatory approvals and, therefore,
completion is anticipated to take place in the first quarter of 2021/22
financial year.

Nick Wiles, Chief Executive Officer of PayPoint plc, said: "Our
acquisition of RSM 2000 is the latest step in the acceleration of our
strategic delivery, significantly enhancing our digital payments
capability and enabling reach into new sectors, such as charities and
events. This strengthens PayPoint's position further to take advantage
of the trends that have accelerated over the past year due to Covid-19,
particularly the continued shift from cash to digital payments. I'm
delighted to be welcoming the RSM 2000 team to the PayPoint Group,
bringing a wealth of expertise from their 20 years in digital payments."

Nigel Walters, Managing Director of RSM 2000, said: "I'm incredibly
proud of the business we've built, providing innovative digital payments
solutions to clients in a diverse range of sectors. I believe we've
found the right home in the PayPoint Group to take us to the next stage
of our growth and benefit from the scale, expertise and market
leadership that they have built in omni-channel payments and technology
over the last 24 years."

[2bluelynn] 10/2/2021 14:31

Wonder why the share price drop them ?