Paypoint Share Discussion Threads

[stevensupertrader] 25/5/2023 13:30

Who currently dare to add or buy more shares even at this Low price like catching a falling knife .Many longterm shareholders might have added a few few weeks ago but this constant daily drop , many just sit on the sideline incurring huge paper loss and some might even sell to cut losses and buy back at a lower price nearer the result announcement date

[stevensupertrader] 25/5/2023 13:21

Still over 6 weeks before the announcement of the F/Y Result , the daily drip drip drip down of share price problematic for shareholders since update on 20 April 2023.Paypoint management needs to put out a statement to assure shareholders

[casholaa] 25/5/2023 13:10

Had a read, thanks. Look's like we're all set for a decent divi and rerate... soon I hope as we are 6 calendar weeks from 6th July.

[markbelluk] 25/5/2023 12:44

Its the current one 20/4/23 so takes into account Appreciate (they forecast by 2025 will account for 67% of revenue)

Its all watermarked with my personal details so not as to redistribute

Here's about a big as a snippet I can share to encourage legally!

[casholaa] 25/5/2023 12:11

@mark, I don't know the broker ratings timelines, but would that have been with or without guesstimates flowing from Appreciate? Bringing Appreciate into the equation no doubt affects those broker guesstimates.

[markbelluk] 25/5/2023 11:56

FT on dividends:-
Dividends in GBX
In 2022, PayPoint plc reported a dividend of 0.26 GBP, which represents a 19.25% decrease from last year. The 4 analysts covering the company expect dividends of 0.38 GBP for the upcoming fiscal year, an increase of 46.92%.

[stevensupertrader] 25/5/2023 11:25

Monet - thanks this delay result announcement due to the audit of Appreciate might reveal a hole ( I suspect ) that now cause the Share Price to fall after the preliminary update result excluding Appreciate on 20 April 2023.
The way Paypoint Share price fallen about 20% since update has caused great concern for shareholders . CEO needs to made a statement that the Audit of Appreciate is in line to calm the daily drip drip price drop

[brucie5] 25/5/2023 11:19

Ok. At that level, assuming a dividend of .38p... Almost 10%.

[casholaa] 25/5/2023 11:18

@Bruce, intraday went as low as 389 in 2020 but closed higher.

[monet] 25/5/2023 11:13

It's all in the Post-close Trading Update on the 20/4/2023.

TIMING OF PRELIMINARY RESULTS ANNOUNCEMENT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023

As indicated in the trading update published on 19 January 2023, it has been necessary to implement a short delay to our preliminary results announcement in order to complete the statutory accounting and audit work related to the acquisition of Appreciate Group. PayPoint Plc will now announce its preliminary results for the financial year ended 31 March 2023 on 6 July 2023.

[brucie5] 25/5/2023 10:45

markbelluk25 May '23 - 10:38 - 543 of 543
0 0 0
I have 389 as the bottom week beginning 16 March 20
---------------------------------------------------
You mean you said this on March 20th, or is this your current prediction?
How do you arrive so precisely at this price, may I ask?

[markbelluk] 25/5/2023 10:38

I have 389 as the bottom week beginning 16 March 20

Reasons for Appreciate purchase:-

Liberum

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.

A revised CY 23 P/E of 7.9x and ordinary

[brucie5] 25/5/2023 10:21

doom - Covid low was just over £4 according to the chart.
The next low point was in 2010 at about 2.50.
If everything's getting silly, I wouldn't be surprised to see £3. But so long as they can reassure about the underlying business, it may just be one of those situations it pays to hang to and let the dividends do the talking.
MEGP has had similar gyrations - another cash generator in an unglamorous sector. Perhaps neither was/has been properly understood.

[doom4gloom] 25/5/2023 10:16

Be carefull, retail investors always capitulate at the bottom. That said, can understand that sometimes you’ve just got to cap your loss. Covid low was 329 but at the moment the charts arent suggesting we’ll go that low. Given current price my gut feel is to hang on to 6th July and decide from there

[casholaa] 25/5/2023 09:51

So long as it keeps diving, this is like an open wound for me. My initial entry is at 518p. I've been following it down. More fool me!

[casholaa] 25/5/2023 09:43

Could be anything behind that.

[stevensupertrader] 25/5/2023 03:34

Can anyone tell know why this year the RNA is delayed for about 2 months for Paypoint Result Year Ended 31 March 2023 as normally announced in May ?
Further, the 3rd Interim ex dividend date in early June of each year
However this year announcement of the Y/E Result is 6 July 2023., this the 3rd interim is delayed or still not declared -
Would appreciate an answer .

[purplepelmets] 24/5/2023 23:54

don't think the daily tanking is deliberate!

[linton5] 24/5/2023 17:36

Why the heck did they buy this company share price tanked ever since. Cant get my head round it

[stevensupertrader] 24/5/2023 16:02

However all must understand that this set of Paypoint result coming out on 7 July will includes Appreciate few months of losses which is normal as Appreciate never make any profit in the 1st half as all the profit is made in the second half in all the years in operation. Likely paypoint bottom line is affected due to this .

[petrencf] 24/5/2023 15:54

Such a low volume(56k), still 4 percent drop from a ridiculous low level. UK stock market is doomed at the moment.

[brucie5] 24/5/2023 15:00

Unbelievable value here, if nothing further untoward. It's now fallen below the Covid low and the next historic support is around £3/2 from over 20 years ago. Yield is now 8.65 according to divdata - 9.5% according to Stocko. It could get still higher.

[casholaa] 24/5/2023 14:50

19 March 2020 it hit a low of 389 before rebounding

[doom4gloom] 24/5/2023 12:53

Value is out of fashion again. So long as no surprises on 6th it will come good.. For me its definately a hold and possibly accumulate more, i wouldn’t be surprised to see it slip a bit more in the meantime though - although its well oversold and due a bounce

[scrwal] 24/5/2023 12:19

6th July is shown on the company website as well as the div dates for the two final payments etc.