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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Paypoint Plc | LSE:PAY | London | Ordinary Share | GB00B02QND93 | ORD 1/3P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -63.00 | -7.54% | 772.00 | 331,286 | 10:32:17 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 771.00 | 774.00 | 849.00 | 763.00 | 823.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Adjustment & Collection Svcs | 306.37M | 35.69M | 0.4943 | 15.78 | 602.85M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 10:40:45 | O | 35 | 771.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 21/11/2024 | 08:53 | ALNC |  PayPoint confident on delivering growth following interim profit rise |
| 21/11/2024 | 07:00 | UKREG | Results for the half year ended 30 September 2024 |
| 15/11/2024 | 15:08 | UKREG | PayPoint plc : Holding(s) in Company |
| 12/11/2024 | 18:00 | UK RNS | FTSE Russell Balanced Commercial Property Trust |
| 08/11/2024 | 07:00 | UKREG | Transaction in Own Shares |
| 07/11/2024 | 07:00 | UKREG | Transaction in Own Shares |
| 06/11/2024 | 07:00 | UKREG | Transaction in Own Shares |
| 05/11/2024 | 07:00 | UKREG | Transaction in Own Shares |
| 04/11/2024 | 07:00 | UKREG | Transaction in Own Shares |
| 01/11/2024 | 07:05 | UKREG | Total voting rights |
Paypoint (PAY) Share Charts1 Year Paypoint Chart |
|
1 Month Paypoint Chart |
Intraday Paypoint Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 21/11/2024 | 09:34 | ::: PAYPOINT ::: | 1,291 |
| 17/1/2024 | 21:09 | Paypoint - Kerrching. | 1 |
| 30/4/2019 | 17:58 | Paypoint | 1,016 |
| 11/11/2014 | 19:54 | I just bought Paypoint - this is why... | - |
| 11/3/2008 | 19:13 | ANYONE SHORTING PAYPOINT | 10 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 10:40:46 | 771.00 | 35 | 269.85 | O |
| 10:40:46 | 774.00 | 21 | 162.54 | O |
| 10:39:43 | 772.80 | 700 | 5,409.60 | O |
| 10:36:40 | 772.80 | 20 | 154.56 | O |
| 10:33:21 | 772.80 | 1,300 | 10,046.40 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Paypoint Daily Update Paypoint Plc is listed in the Adjustment & Collection Svcs sector of the London Stock Exchange with ticker PAY. The last closing price for Paypoint was 835p.Paypoint currently has 72,197,199 shares in issue. The market capitalisation of Paypoint is £563,138,152. Paypoint has a price to earnings ratio (PE ratio) of 15.78. This morning PAY shares opened at 823p |
Posted at 26/10/2024 10:39 by stoopid Nearly clicked sell yesterday at 768. Sort of wish I had to look for a pullback and buy back in. PAY will need some stellar results and good forward guidance to support 800ish share price in the short term. |
Posted at 18/10/2024 13:21 by stoopid Yes, very, it's such a thinly traded and tightly held share. There have been some big buys going through recently. I thought someone might be taking a stake.Something going on and interesting times I reckon, especially as Paypoint currently own 59.3% of Obconnect and have a put option to buy the remaining 40.7% outstanding by March 2027. For a mere £20m.They could well smash their target of 100m EBITDA at the end of FY2026 and the share price would be what? £10+? |
Posted at 12/10/2024 09:02 by stoopid Excellent news regarding Obconnect. Huge win for Paypoint, I can't believe the shares haven't reacted more.Looks like a big future for Paypoint with Obconnect. Although it's only initially NZBA, PAY could easily see contract wins with other banks down under if it's well received.Could be transformational for PAY. Might even see a bigger player come in to buy them out? |
Posted at 01/8/2024 13:01 by doom4gloom Dont get carried away, there will come a time when the directors are satisfied having ramped the share price and buybacks will cease. They will probably realise their profits before the share price begins to slide and then rinse and repeat. Call me cynical if you like but either way this is not a growth stock and the share price will be driven by value alone.Analysts and commentators typically follow the market not lead it so i pay little attention to what they have to say. There’s some good content in this group which provides far more insight than you get elsewhere. |
Posted at 01/8/2024 07:28 by davebowler Panmure- PayPoint's position on the high street differentiates it in the crowded payment space; a CY 25 P/E of 9.2x and ordinary yield of 5.7% are too cheap PayPoint is differentiated by its position on the high street, where physical cash meets digital, and where physical services are provided, including PayPoint One, Click and Collect, and vouchers. We think PayPoint's network, client relationships and ability to offer a one-stop shop solution for payments give it a unique positioning in the crowded payment space. A CY 25 P/E of 9.2x is attractive given its cash generation and growth opportunities, and the company offers a CY 25 ordinary dividend yield of 5.7%. In the five years to FY 25E, PayPoint will have paid out c. 25% of its market cap in dividends. Using a three stage DCF, we derive a target price of £11. |
Posted at 01/8/2024 06:07 by masurenguy Further good progress but with a prospective PER of circa 10 and a yield of 5.7%, there is still further mileage here in my view. Taking a majority stake in obconnect (see todays RNS) will provide greater integration in open banking, finance, data and confirmation of payee that will further enhance and expand their bill payments facility.Trading update for the three months ended 30 June 20241 A positive quarter with further progress on building blocks to £100m EBITDA by end of FY26 Nick Wiles, Chief Executive of PayPoint Plc, said:“This has been a busy and productive quarter for the Group in which we have delivered further net revenue growth and established a strong platform for continued progress in the current financial year. The strategic investments we have made in Yodel and obconnect, along with an expanded partnership with Incomm in Love2shop, underpin our confidence in a number of our key new opportunity building blocks, adding further momentum to meeting expectations for the current financial year and achieving our medium-term targets. Consumer behaviour across a number of our businesses has improved over the quarter, though we continue to monitor energy and cash bill payment activity as we head towards the second half of the year. Our expectation remains that the consumer outlook will improve during the course of the year. Our share buyback programme commenced on 1 July 2024, returning at least £20m over the next 12 months, which, combined with our growing dividend, will further enhance shareholder returns. Our core characteristics of strong earnings growth and cash flow generation, along with continued growth across the Group, give the Board confidence in delivering further progress in the current year.” GROUP AND DIVISIONAL HIGHLIGHTS *Group net revenue increased by 9.5% to £39.2 million (Q1 FY24: £35.8 million), driven by a strong performance in the quarter by the Shopping, E-commerce and Love2shop divisions. *Shopping divisional net revenue increased by 3.8% to £16.4 million (Q1 FY24: £15.8 million). *Retail services net revenue increased by 3.8% to £8.1 million (Q1 FY24: £7.8 million) driven by further PayPoint One/Mini site growth to 19,431 (31 March 2024: 19,297) and the annual RPI service fee increase. *Card payments net revenue grew by 3.8% to £8.3 million (Q1 FY24: £8.0 million) with further site growth in the EVO estate to 19,755 (31 March 2024: 19,682) and in the Lloyds Cardnet estate to 10,120 (31 March 2024: 10,064). Continued focus on cards pricing governance yielding improved new business and retention margins. Additionally, we continue to see contract length mix shift positively from 1 month to 12 months and time to transact has drastically reduced driven by our welcome call programme and an improved customer onboarding process *Good progress on PayPoint Engage, our consumer engagement platform for FMCG brands, with further campaigns delivered in the quarter. This includes an Abraxas Marketing award-winning campaign for SPAR during the Euro 2024 campaign, and winning an award at the Independent Agency Awards for our 2023 campaign for Pringles, delivered with our partners, ZEAL Creative. *E-commerce divisional net revenue increased strongly by 75.0% to £4.2 million (Q1 FY24: £2.4 million) *Strong transaction growth of 66.7% to 32.0 million parcel transactions (Q1 FY24: 19.2 million) reflecting further volume growth for Vinted and driven by the growing consumer adoption of Out of Home and the strong market positioning of the Collect+ network *Collect+ network increased to 13,085 sites (31 March 2024: 11,786) Royal Mail rollout to 5,000 sites now complete as of 31st July 2024 *Payments & Banking divisional net revenue decreased by 1.6% to £12.2 million (Q1 FY24: £12.4 million) *Continued growth through our MultiPay platform and Open Banking, with underlying net revenue increasing by 14.3% to £1.6 million (Q1 FY24: £1.4 million). Total digital net revenue decreased by 8.8% to £3.1 million (Q1 FY24: £3.4 million), with cash out net revenue decreasing by -22.9% to £1.5 million, with the prior year including the one-off benefit of £0.3m from the Energy Bills Support Scheme (EBSS) *Further Open Banking progress, including delivering cheque replacement services, leveraging our PayPoint OpenPay service, enabling customers to receive funds directly to their bank account or in cash *Cash through to digital net revenue increased by 5.9% to £1.8 million in the quarter (Q1 FY24: £1.7 million), with continued growth in neobank deposits processed *Cash payments net revenue was flat at £7.3 million (Q1 FY24: £7.3 million). Legacy cash energy sector net revenue decreased by 15.6% for the quarter versus Q1 FY24. Love2shop divisional net revenue increased by 23.1% to £6.4 million (Q1 FY24: £5.2 million) *Love2shop Business is trading in line with expectations with a continued focus on driving new business wins. Highstreetvouchers.c *Park Christmas Savings – good progress for 2024 savings season, with payment to conversion for new customers +5% vs prior year and an improvement in the number of ‘nil paid’ and ‘off track’ customers, driven by focused saver activity leveraging PayPoint’s PayByLink payment solution *New redemption partners onboarded in the quarter, including Dobbies Garden Centres, Foyles Bookstores, Blackwells, Frankie & Bennys, Las Iguanas and Wilko *Growing benefits from corporate API integrations launched into major clients last year, with increased billings and improved customer experience PROGRESS ON BUILDING BLOCKS DRIVING NEW OPPORTUNITIES AND SUSTAINED GROWTH Strategic investment in Yodel (Parcels) As announced on 21 June 2024, PayPoint has made a strategic investment in the Yodel business alongside other strategic partners. This investment is in support of the management team plan to further automate and modernise the Yodel business, including initiatives to further strengthen the partnership between the two businesses and to enable an acceleration of consumer adoption of Out of Home delivery and materially increase parcel volumes through this channel. This partnership will enhance the longer-term growth prospects of Collect+ and underpin the further expansion of the Collect+ network as our parcel volumes continue to grow from the 100 million parcel transactions achieved in FY24 towards our medium-term target of 250 million transactions per annum. Majority ownership of obconnect (Open Banking and Digital Payments) In July 2022, PayPoint made a minority investment in obconnect, an early-stage technology platform with the capabilities to provide complete market ecosystems across Open Banking, Finance, Data, Energy, Confirmation of Payee and Enhanced Fraud Data. This investment and partnership with obconnect have enabled PayPoint to leverage this technology platform and range of capabilities, offering Open Banking services to both new and existing clients. At a time when the number of applications for Open Banking is growing rapidly, this technology has been an important addition for PayPoint and its clients. This partnership has delivered on our expectations and the Group has already made strong early progress, with over 25 clients contracted for Open Banking services, including American Express and Citizen’s Advice, along with a growing pipeline of opportunities across new and existing clients. Over the same period, obconnect as a standalone business has made significant progress, securing contracts with a number of banks and building societies, winning industry recognition at the Open Banking Expo Awards and is on track to achieve profitability in H2 2024. Given this progress, in agreement with the obconnect management team, we have now taken the decision to take a majority position in obconnect. This strategic investment will see PayPoint own 59.3% of the business and is immediately earnings enhancing. It will further leverage their Open Banking technology platform and unlock greater opportunities within both the PayPoint business and obconnect’s new business streams working with a number of key financial institutions and payment organisations. Open Banking is important to the future of the PayPoint business and this investment will enable the Group to consolidate its position further, recognising a modest financial contribution in H2 FY25, and a more meaningful contribution in FY26 and thereafter. The investment is subject to regulatory approval, with completion expected in early October. Expanded partnership for Love2shop with Incomm Payments The Group has agreed an important distribution partnership for Love2shop gift cards with Incomm Payments, a global payments technology provider, building on the long-standing relationship between the two companies. The multi-year agreement will enable the distribution of Love2shop gift cards for the first time into new retailer channels, including leading UK grocers and High St stores. This expansion has the potential to deliver a meaningful increase of over £100m in Love2shop billings over the next 5 years, building on our progress in establishing new distribution channels through 2,600 multiple retailer partners over the past year and positioning Love2shop as the leading multi-retailer gift card in the UK market. The new partnership will start for the peak trading season this year, with gift cards available in stores within the InComm Payments retail network beginning in September 2024. BALANCE SHEET AS AT 30 JUNE 2024 The Group had net corporate debt of £81.2 million (31 March 2024: £67.5 million), comprising cash balances of £8.5 million (31 March 2024: £26.4 million), less loans and borrowings of £89.7 million (31 March 2024: £93.9 million). DIVIDEND The Board have declared an increased final dividend of 19.2p per share, consistent with our dividend policy, vs the final dividend for the year ended 31 March 2023 of 18.6 pence per share. The dividend is payable in equal instalments of 9.6 pence per share on 6 August 2024 and 27 September 2024. SHARE BUYBACK PROGRAMME As announced on 1 July 2024, the Group has commenced a three-year share buyback programme, returning at least £20 million to shareholders over the next 12 months, with the potential to increase in years 2 and 3 depending on business performance, market conditions, cash generation and the overall capital needs of the business. Throughout this period, we will continue to increase dividends at a nominal rate and grow our cover ratio from the current 1.5 to 2.0 times earnings range to over 2.0 times earnings by FY27. Combined with the Buyback Programme, this will enhance shareholder returns and ensure the business continues to maintain an efficient capital structure, balancing an appropriate leverage ratio of around 1.0 times net debt/EBITDA with the overall capital needs of the business. |
Posted at 24/1/2024 08:19 by masurenguy Currently valued at a PER of circa 8 with a yield of 7.5% and Liberum has a target price of 1100p.Trading update for the three months ended 31 December 2023 A positive quarter with PayPoint Group on track to deliver c.£80m of underlying EBITDA, net debt below £70m and underlying PBT in line with expectations for FY24 HIGHLIGHTS Positive performance across the Group Group net revenue increased by 59.8% in the quarter to £52.0 million (Q3 FY23: £32.5 million). PayPoint segment net revenue increased by 2.8% to £33.4 million. Shopping Shopping divisional net revenue increased by 6.0% to £16.4m (Q3 FY23: £15.4m), driven by the growth of our PayPoint One/Mini estate and a positive performance in our cards business. E-commerce E-commerce divisional net revenue increased strongly by 34.3% to £3.1m (Q3 FY23: £2.3m) and transactions grew by 54.3% to 26.2m (Q3 FY23: 17.0m) through our e-commerce technology platform, Collect+. This division has now processed over 68.3mn parcel transactions year to date, surpassing the 56.4m transactions processed over the whole of FY23. Payments & Banking Payments & Banking divisional net revenue decreased by 5.5% to £13.9m (Q3 FY23: 314.7m): with further growth in our digital payments platform, MultiPay; offset by the expected impact of the Energy Bills Support Scheme (EBSS), which was a one-off activity that ran in the same period last year; and a continued reduction in cash bill payments. Love2shop Love2shop divisional net revenue of £18.5m, driven by the positive performance in Park Christmas Savings, which has returned to growth for the first time in six years Balance Sheet at 31 December 2023 The Group had net corporate debt of £71.2m (31 March 2023: £72.4m), down from £83.2m at the half year, comprising cash balances of £26.8m (31 March 2023: 22.0m), less loans and borrowings of £8.1m (31 March 2023: £94.4m). Dividend The Board have declared an increased interim dividend of 19.0p per share, consistent with our progressive dividend policy, and representing an increase of 2.2% vs the final dividend declared on 26 May 2022 of 18.6p per share. The dividend is payable in equal instalments of 9.5p per share on 29 December 2023 and 5 March 2024. Nick Wiles, Chief Executive of PayPoint Plc, said: "This has been another positive quarter for the PayPoint Group and we remain on track to deliver c. £80m of underlying EBITDA for the current year, an important milestone on our journey to achieving £100m EBITDA by the end of FY26, ending the year with net debt below £70m and delivering underlying PBT in line with expectations. This performance reflects both the resilience of our businesses and the benefits from the transformation delivered over the past three years as we unlock further opportunities and growth for our enhanced platform and expanded capabilities." |
Posted at 06/12/2023 01:13 by stoopid PAY have lost over 15% of their market value in 3 weeks after a positive trading update. With no news comming in the near future (next update is possibly trading update in March/april) will PAY share price just drift? |
Posted at 01/8/2023 08:15 by stevensupertrader As PAY share price went up, current yield is under 7% - one cannot get it both ways |
Posted at 05/7/2023 08:22 by stevensupertrader 2023 not 2022 - Paypoint Internal Auditor didn’t do a proper due diligence on Appreciate otherwise all the relevant certifications and paperworks etc would be available for the External Auditor to see and verify . Likely the takeover of Appreciate was not at ‘Arm’s length’ .If so this will cause a sharp drop in PAY share price. 😞 😞 |
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