Paypoint Share Discussion Threads

[boozey] 20/4/2023 20:20

Brucie, apologies I can't remember the whole list (and there were slightly more than 10) but for for sure included were:

Wood Group and Hyve - already had bids, then howden joinery, computacenter, pets at home, clarkson, Paypoint, Liontrust, Bloomsbury, Wilmington and Playtech.

[brucie5] 20/4/2023 17:05

markbelluk20 Apr '23 - 16:59 - 469 of 469
0 0 0

Everydays a school day
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Isn't it just!

[markbelluk] 20/4/2023 16:59

thx Brucie I never bother to check the blogs

They are decent!

Everydays a school day

[brucie5] 20/4/2023 16:28

Decent review from Graham Neary on Stocko. I see this rather like CSN: dependable incomers.

[sidam] 20/4/2023 15:52

The trading statement appeared to suggest that organic growth was expected to continue. Adding APP which is projected to increase earnings per share, this year could see decent EPS growth and a higher dividend. I had a small holding from the APP acquisition and have now rounded that up to a larger unit of investment.

[casholaa] 20/4/2023 15:39

I think of Pay as ad-hoc infrastructure. I'm in no rush, but I also think that we won't be waiting too long for an share price upgrade.

[brucie5] 20/4/2023 15:14

Boozey20 Apr '23 - 12:46 - 461 of 464
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The Times published a list of top 10 private equity targets about a month ago and and Pay Point was on that list - at this price the company would appear to be a sitting duck.
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Boozey, that's interesting. You able to share the other ones?

[stevensupertrader] 20/4/2023 13:55

From what you messaged and fully agreed . PAY is definitely a medium term hold and share price will move back up next year and in the meantime PAY still able to fund good dividend .

[markbelluk] 20/4/2023 13:38

Steve to be exact ". As expected, a small operating loss was incurred in March 2023, before taking into account any acquisition related amortisation and financing costs. This is due to the seasonal nature of the business where profit is primarily generated
in Q3 of the financial year."


The reason its not moving is there are still sellers, remarkably even at this level

Liberum

The Appreciate deal makes strategic sense and we believe it represented good value On 1 March 2023, PayPoint completed the acquisition of Appreciate Group. Appreciate is a provider of single and multi-retailer vouchers with a dominant position in the Christmas savings market. The deal represents good value in our view, given the potential for revenue synergies from FY 25 and c. £1m of plc cost savings. We think their existing relationship helps to de-risk the acquisition

The four key strategic reasons for the acquisition were: 1.To strengthen PayPoint’s addressable markets, universe and proposition; 2.Open up growth opportunities in new and existing markets; 3.Deliver capabilities and operational efficiencies that are highly complementary to both businesses; and 4.Enhance earnings and deliver attractive returns. We take comfort from PayPoint’s M&A track record as the strategy has been successful and well executed over the last three years, which has helped to transform the business. We estimate that growth business lines could account for c. 67% of group revenue in FY 25.

[stevensupertrader] 20/4/2023 13:30

PAY confirms that the newly takeover Company, Appreciate , will incur a Loss at 31 March 2023 which will affect the bottom line figure that is why PAY excellent result update today didn’t make any impact on the share price

[boozey] 20/4/2023 12:46

The Times published a list of top 10 private equity targets about a month ago and and Pay Point was on that list - at this price the company would appear to be a sitting duck.

[1knocker] 20/4/2023 12:34

Me too. I need 650 to get back above water.

[casholaa] 20/4/2023 12:03

I prefer the Liberium target.

[markbelluk] 20/4/2023 11:50

Yesterday

Jefferies reinitiates PayPoint with 'buy' - price target 550 pence

Today

Liberum BUY 1100

[stevensupertrader] 20/4/2023 11:15

Pay update today - income excluding Appreciate up approx 9% - doing excellently well.
F/Y result next month including Appreciate will reveal more of this takeover , as such share price not moving up much today otherwise PAY at this current price is well under value. Fingers crossed that Appreciate has not hidden unknown !!!!!!

[t-trader] 20/4/2023 08:45

Hopefully the bottom is in following the update and a rerating upwards can begin.

Well undervalued IMO

[brucie5] 20/4/2023 08:44

And it's a Yes from me, too!

[this_is_me] 20/4/2023 07:08

The update shows that the company continues to progress. Seriously undervalued.

[stevensupertrader] 14/4/2023 10:37

No idea - after the takeover of Appreciate .SP just going one direction south with daily Low volume . I guess institutions and investors don’t like this takeover. THis might go on until next result announcement .The way the share price is dripping down doesn’t inspire anyone couple of months 😔 😔

[mr.oz] 14/4/2023 10:19

Anyone with a theory as to why the share price is performing so poorly?
Trying very hard to sit on my hands

[scepticalinvestor] 14/4/2023 10:15

Interesting how this continues to drop. Update in May, will def be buying in prior

[brucie5] 13/4/2023 09:22

Seems like a model stock for a value/income investor. Not dissimilar in its attraction to Snws.

[stoopid] 03/4/2023 06:13

Agree, and if that 50p/60p EPS does materialise, then a good capital gain as well.

[m_kerr] 30/3/2023 22:29

it's a solid business with recurring, predictable and granular income from an installed base. always highly prized by someone, even if sentiment's poor.

i've always liked solid / stable businesses with low expectations. it rarely feels like it when you click the buy button, but it's a low risk way of investing, compared with projecting 5% growth for 10 or 20 years.