Paypoint Share Discussion Threads

[riverman77] 27/3/2024 11:30

The 29% shareholding relates to a large Spanish retail company - some sort of strategic investment presumably, but not looked into it closely. However, it basically acts as a blocking holding and probably rules out any prospect of a bid coming in for PAY which makes them a lot less attractive than would be without this holding.

[brucie5] 27/3/2024 10:49

Yes, I was seeing 6.50 on the chart from Sept 22.

[mr.oz] 27/3/2024 10:37

Jefferies raises Paypoint price target to 680 (675) pence - 'buy

[tiswas] 27/3/2024 08:24

Does anyone know about Asteriscos Patrimonial SL and their 29% holding?

Thanks

[casholaa] 27/3/2024 08:13

Looks like I called it wrong

[doom4gloom] 26/3/2024 15:20

Agree with Casholaa, its still a little too early.

[doom4gloom] 26/3/2024 15:17

It just broke below its 480 small shelf of support, now targetting 440-460 range. Cant exactly predict a bottom and waiting too long means missing it anyway, this new low is an opportunity to accumulate before interest starts to pick up when it approaches the next ex-divi. I dont think it will break its Dec low, its already cheap, the fundamentals are there, maybe old hat but there’s good news feed with contracts etc. I’ve placed several small orders from 475 all the way down to 440, first was just filled. My initial target upside is a lot lower than others have said though.

[casholaa] 26/3/2024 14:53

Too early for top-ups

[ntv] 26/3/2024 12:33

Bought a few more today

[stoopid] 26/3/2024 12:22

Maybe that's why the trend is down, large overhang of shares to be sold?

[stoopid] 26/3/2024 12:21

Seems someone is selling PAY off....

[srichardson8] 26/3/2024 09:04

I don't own but looked yesterday and considered the financials looked really rather good. Low price to (unadjusted!) earnings, high return on capital , decent dividend return etc. Only the negative tangible assets gave me a little concern but cash flow looks excellent. I was then put off slightly by a Today report this morning on the trouble with smart meters and efforts being made to improve them which - I thought - might impact negatively on the use of pre-pay at Paypoint. But I didn't really understand. And then this in today's news from the DVLA - probably not a big market but another sign that it has become a trusted service.
'The DVLA has given drivers an eight-day warning before a rule change in April. They say drivers should get ready for the new rules. You can't get an international driving permit, or IDP, at the Post Office now. You need to go to PayPoint stores instead.'
More work needed but looks very good so far.

[mr.oz] 21/3/2024 20:59

I'm not gonna watch this daily anymore.
It's neither a loss nor a gain until it's sold.
Bagging the divi and expecting growth in due course
I'm accumulating at these levels and comfortable about it

[brucie5] 21/3/2024 15:31

Stoopid21 Mar '24 - 10:46 - 1021 of 1023

Yes, this had crossed my mind as a PAY holder. It now bears rather favourable comparison.

[doom4gloom] 21/3/2024 15:23

SP is likely to follow Divi. i.e. if that increases so will the share price At the moment profits are being used to pay down debt so the divi isn’t increasing so much. As debt gets lower then share price should also startto reflect that. In the meantime its a case of trade the range, eventually it will break out

[buddenbrook1] 21/3/2024 14:23

I think this is just way under the radar in a thin market. I'm topping up when I can and going a little overweight in my portfolio. Should see 600 easily in due course.

[stoopid] 21/3/2024 10:46

Can't see how PAY are not generating more interest and a higher share price.The financials are excellent, business is generating loads of cash, divi is well covered and yield is like 7% with profits set to increase.Debt being paid down, new business being integrated generating profits and cross selling opportunities. Strategic tie ups with the post office and LLOY.What's not to like. Meh, well undervalued here. Someone will take notice eventually, I hope.

[ntv] 20/3/2024 20:32

Finally took a punt today
Not a full position though

[brucie5] 20/3/2024 09:45

Another great little RNS further supporting the case for Pay as a mainstay in any dividend folio. I think Paul Hill was saying likewise quite recently.

[masurenguy] 20/3/2024 08:28

"The multi-year agreement will bring significant benefits to the PayPoint Group customer base, including earlier in the day settlement, a faster onboarding experience, a new merchant app, additional customer data and insights, and wider access to Lloyds’ leading range of business banking and lending products. This will be supported by significant investment into the Lloyds Bank Cardnet business to enhance product development and data analytics for merchants." Paypoint Announcement 20/3/24

[sidam] 20/3/2024 08:16

I topped up my holding yesterday. I hope I will be proven wise to have done so!

[johndoe23] 15/3/2024 08:18

Chart not looking great

[melloteam] 10/3/2024 18:08

Paypoint will be one of the companies discussed by the BASH (BUY,AVOID,SELL,HOLD)Panel on the MelloMonday webinar, starting at 5pm on Monday 11th March 2024.

Full programme:
5pm Fireside chat with Chris Boxall, Co-Founder and Director of Fundamental Asset Management
5:40pm Company presentation by Kinetiko Energy
6:10pm Company presentation by Galliford Try
6:40pm Introducing Clipper Automative and our Tax Efficient Investment Show
7pm Company presentation by Taseko Mines
7:30pm BASH with Mark Simpson and Kevin Taylor (RNO)

Use code MMTADVFN50 for 50% OFF.

[davidosh] 08/3/2024 23:49

Paypoint will be one of the companies discussed by the BASH (BUY,AVOID,SELL,HOLD) Panel on the MelloMonday webinar, starting at 5pm on Monday 11th March 2024.

Full programme:
5pm Fireside chat with Chris Boxall, Co-Founder and Director of Fundamental Asset Management
5:40pm Company presentation by Kinetiko Energy
6:10pm Company presentation by Galliford Try
6:40pm Introducing Clipper Automative and our Tax Efficient Investment Show
7pm Company presentation by Taseko Mines
7:30pm BASH with Mark Simpson (PAY) and Kevin Taylor (RNO)

Use code MMTADVFN50 for 50% OFF.