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
  -3.00 -0.5% 594.00 95,516 16:35:15
Bid Price Offer Price High Price Low Price Open Price
596.00 597.00 601.00 593.00 598.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 127.75 19.44 31.50 18.9 407
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:15 UT 20,100 594.00 GBX

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Date Time Title Posts
02/6/202118:50::: PAYPOINT :::273
11/11/201419:54I just bought Paypoint - this is why...-
07/2/200319:30Public sector wage rise-

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Paypoint Daily Update: Paypoint Plc is listed in the Support Services sector of the London Stock Exchange with ticker PAY. The last closing price for Paypoint was 597p.
Paypoint Plc has a 4 week average price of 569p and a 12 week average price of 569p.
The 1 year high share price is 723p while the 1 year low share price is currently 483p.
There are currently 68,469,440 shares in issue and the average daily traded volume is 162,430 shares. The market capitalisation of Paypoint Plc is £406,708,473.60.
togglebrush: FY results are a long document but from first reading::- _____Final dividend of 16.6p per share, an increase of 6.4% . in two tranches of 8.3 pence per share (adjusted in later RNS) ' 29 July 2021 XD 24 June 2021 and 30 September 2021 XD 26 August 2021 ' _____Revenue Continuing Operations 127.7m v 144.3 m ' _____Pretax Profit Continuing Operations 19. 4m v 50.0m ' _____Outlook ' As we begin the new financial year, we are already seeing some encouraging signs of continuing renewed activity in a number of areas of our business, in particular in card processing and parcels. We are also encouraged by the early performance and rapid integration of i-movo and Handepay/Merchant Rentals into the PayPoint Group and the new opportunities arising from the recently completed acquisition of RSM 2000
tomps2: Paypoint (PAY) was ‘slammed’ by Jamie Streeter in the Stockopedia/piworld Stockslam held on Wednesday 19th May. Listen to Jamie's pitch at 9m44s Video: Https:// Podcast: Https://
chainsaws: 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: 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."
togglebrush: Synopsis of a complex RNS ‘ Step change in strategic delivery to UK Focus ‘ -- revenue continuing ops decreased by GBP3.0 million (10.8%) (inc Gas) -- Strong card payment growing significantly by 46.2% -- UK parcels transactions increased by 6.6%, -- UK retail network increased to 27,758 sites up 3.4% -- UK bill payments net revenue decreased by 33.5% -- eMoney transactions increasing by 25.8% and net revenue by 22.2% ‘ Forthcoming Attractions ' End of November 2020was completion of i-movo acquisition early 2021 Handepay/Merchant Rentals acquisition expected end of March 2021 Disposal of Romanian business at significant Profit PROGRESS AGAINST OUR STRATEGIC PRIORITIES PRIORITY 1: EMBED PAYPOINT AT THE HEART OF CONVENIENCE RETAIL PRIORITY 2: PAYPOINT BECOMES THE DEFINITIVE PARCEL POINT SOLUTION PRIORITY 3: SUSTAIN LEADERSHIP 'PAY-AS-YOU-GO' & GROW DIGITAL BILL PAYMENTS PRIORITY 4: BUILDING A DELIVERY FOCUSED ORGANISATION AND CULTURE ' Company expects, that with its underlying trading performance, it will be at the higher end of expectations for the year as a whole.
joepublic1: Yes I am at a loss to understand this share price reaction. People talking about a fine being up to 10% of total turnover seem to be over reacting. The British Gas contract turnover was £3.5M pa. Not sure of the total energy market turnover, but if it were 10 times that it would be £35M pa. 10% of that would be a fine of £3.5M. Not enought to knock 20% off the value of the business. Competition with Payzone has always been there and is not new. Retailers moving to Payzone will find themselves competing with Post Offices though - not something I would have thought was good for their footfall and business. There might also be competition questions regarding post offices if they exclusively operate Payzone and not Paypoint.
tole: Looking beyond insurers, PayPoint appears more resilient than many. The group was a favourite stock of Neil Woodford's, one of the few shares in his Equity Income fund that provided an income. PayPoint provides kit that allows customers to make cashless payments in convenience stores and collect parcels from online retailers, such as Amazon. Consumers can also pay utility bills with PayPoint technology and top up mobile phones. As shoppers shy away from cash and turn increasingly to cards to purchase even small items such as pints of milk or packets of digestives, PayPoint is benefiting. The utility bill arm has done less well but in the long-term, PayPoint should deliver the goods.Right now, PayPoint is suffering from lingering – and probably ill-founded – fears about its prospects. The stock has fallen from £10.90 in January to £6.36 at the end of last week. With a dividend of 31p forecast for the year to March 2021, that puts the shares on a yield of just over 5 per cent and brokers at Liberum expect the stock to rebound to £10 in the coming months on a yield approaching 5 per cent.
3rd eye: PAYPOINT POSTS RISE IN FY PROFIT, SAYS CURRENT TRADING RESILIENT (Sharecast News) - Payment services group PayPoint reported a rise in full-year profit and revenue on Thursday, with growth across most business areas. In the year to the end of March 2020, pre-tax profit increased 3.8% to £56.8m on revenue of £213.3m, up 0.8% on the year. Revenue in the UK retail services, which now represents 34% of group net revenue, grew by £3.2m during the year, driven by increased service fees from adding more than 3,000 new PayPoint One sites. The company said its parcel business delivered volume growth of 12.7% as its new partners, particularly eBay and Amazon, were rolled out to more sites within its network and awareness of the service developed. Meanwhile, UK bill payments and top-ups net revenue "showed continued resilience in the face of the current decline in cash payments in the UK" and the previously announced ending of the British Gas contract. The company proposed a final dividend of 15.6p a share, down from 23.6p in 2019. PayPoint said current trading has demonstrated "good resilience" in the bill payments and top-ups businesses. ATMs and parcels have been more severely affected, although card payments have benefitted from increased sales in the convenience sector. Chief executive Nick Wiles said: "The Covid-19 crisis began to escalate late into our financial year with limited financial impact in the results we are reporting. We took swift action across our business in response to the unfolding crisis. "The core characteristics of the business remain unchanged, with a strong balance sheet, clear business model, a broad and resilient earnings' base with the opportunity to use technology to adapt our business model and strong cash generation which supports the payment of a dividend."
3rd eye: PAY Paypoint......... Liberum: growth opportunities at PayPoint Payment company PayPoint (PAY) has matured into a business with ‘exciting growth opportunities’, according to Liberum. Analyst Joe Brent retained his ‘buy’ recommendation and increased the target price from 800p to £10 on the stock, after full-year results came in ahead of expectations due to management waiving their bonuses and proposing a final dividend. The shares gained 2.55%, or 18p, to 740p on Thursday. ‘The business model has developed from utility in a mature industry to a retail solutions provider with some exciting growth opportunities and high operational gearing,’ he said. ‘PayPoint trades on a current year 2020 price/earnings of 15x...which is attractive given the cash generation and growth opportunities.’ ========================================================================== All these forecast unemployed joining the dole que, should mean a lot more business for PAY going forward. Yield 2020 8,16%.............and contradicting broker above....... P/E ratio 2020 11,3x Yield 2020 8,16% Sales 2021 106 M Net income 2021 31,0 M Net Debt 2021 0,78 M P/E ratio 2021 10,9x Yield 2021 4,34% Bullish update, yesterday....... Business Summary PayPoint plc PayPoint plc is a United Kingdom-based holding company. The Company's subsidiaries provide specialist consumer payment, and other services and products, transaction processing and settlement. It offers clients streamlined consumer payment processing and transaction routing in an integrated solution, through MultiPay. MultiPay gives users the flexibility to choose channels depending on their customers' needs, including mobile application, online, text, phone/interactive voice response, cash in-store and cash out. Its platform, PayPoint One, combines PayPoint services, integrated card payments and electronic point of sale (EPoS) all in a device. Its retails payments and services offerings include bill and general (prepaid energy, bills and cash out services); top-ups (mobile, e-money vouchers and lottery), and retail services (payment card, parcels and money transfer). Its mobile and online offerings include parking, permits, tolling, ticketing and bicycle rental transactions.
3rd eye: PAY the look of this stock and forward P/E estimates below and all the financials. Throws off cash. Annual Income Statement Data Actuals in M GBP Estimates in M GBP Fiscal Period March 2017 2018 2019 2020 (e) 2021 (e) 2022 (e) Sales 212 214 117 122 125 129 EBITDA 59,7 64,0 63,7 66,5 69,6 71,9 Operating profit (EBIT) 52,3 53,5 54,0 56,0 58,9 61,0 Pre-Tax Profit (EBT) 69,1 52,9 54,7 54,9 57,9 62,1 Net income 59,6 42,9 44,4 44,3 46,9 50,4 P/E ratio 11,8x 12,7x 13,2x 15,2x 14,2x 13,3x EPS ( GBp ) 87,2 62,7 64,8 64,9 69,1 73,7 Dividend per Share ( GBp ) 81,7 82,5 82,9 82,6 83,9 59,2 Yield 7,97% 10,3% 9,67% 8,40% 8,54% 6,02% Forward P/E to 2020 falls to 14.2 cheap imho. Results for 6 months below... In parcels, our new partnerships with eBay, Amazon, FedEx and DHL are now delivering good volumes driving overall parcel volume growth of 15.1% in the first half. Solid looking outlook Outlook Whilst the financial performance of the business will be influenced by parcel volumes and continued resilience in UK bill payments over the second half, the progress of the business during the first half, reported today, underpins the Board’s confidence that as PayPoint’s growth drivers continue to develop, there will be progression in profit before exceptional items and tax for the full financial year to 31 March 2020. Latest Broker Views MARKET DATA 28 Nov 2019 Liberum Capital Buy 992.00 983.00 1,200.00 - Reiterates share price Target 1200 25 Jul 2019 JP Morgan Cazenove Overweight 992.00 920.00 1,214.00 1,151.00 Reiterates share price Target 1151 Chart shows share price on the verge of breaking a resistance line going back to early August of 990p being broken. Ive bought the stock this morning.
Paypoint share price data is direct from the London Stock Exchange
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