Paypoint Plc

3.00 (0.76%)
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 0.76% 396.50 58,124 15:04:03
Bid Price Offer Price High Price Low Price Open Price
395.00 397.00 397.50 392.50 392.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Adjustment & Collection Svcs 146.40 69.54 100.90 4.08 287.71
Last Trade Time Trade Type Trade Size Trade Price Currency
15:10:00 O 24 395.00 GBX

Paypoint (PAY) Latest News (1)

Paypoint (PAY) Discussions and Chat

Paypoint Forums and Chat

Date Time Title Posts
30/5/202308:53::: PAYPOINT :::580
11/11/201419:54I just bought Paypoint - this is why...-
07/2/200319:30Public sector wage rise-

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Paypoint (PAY) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type

Paypoint (PAY) Top Chat Posts

Top Posts
Posted at 26/5/2023 18:18 by brucethegoldfish
I’ve topped up today too as think there is good value in PAY at these levels.

Holders may have to be patient though, which I’m fine with. Once general market conditions and sentiment shifts I think we will see a very healthy re-rating, although some positive news flow in the meantime will provide a healthy catalyst to the share price in the near term.

Posted at 25/5/2023 11:25 by stevensupertrader
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

Posted at 10/5/2023 16:07 by brucie5
Mark Simpson likes them. And holds. As do I.


PayPoint (LON:PAY)
Many will think of Paypoint as the supplier of payment terminals in post offices and newsagents. They may also believe these types of payments are in terminal decline (pun intended!). However, Paypoint is expanding its business into complementary areas, including via its recent acquisition of employee rewards company Appreciate. Part of this payment for this business was in shares, and the overhang of small positions from Appreciate holders may be one of the reasons the share price has been weak this year.

One of the other advantages of Paypoint is that it earns interest on the significant customer cash balances it holds. This means that it benefits from a rising interest rate environment, unlike many listed companies.

Posted at 10/5/2023 08:19 by stoopid
The current share price and market cap are valuing the company at less than what PAY was worth before the acquisition of Appreciate Group.It seems business as usual and the divi is still well covered but share price not recovering or re-rating. So, no idea what is going on here. May well take until results for something to change.
Posted at 20/4/2023 13:55 by stevensupertrader
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 .
Posted at 20/4/2023 13:30 by stevensupertrader
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
Posted at 20/4/2023 11:15 by stevensupertrader
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 !!!!!!

Posted at 20/3/2023 10:03 by stoopid
As one of the posts below points out, board are projecting 60/70 EPS next year and that appreciate will be immediately earnings enhancing this year.Last time Paypoint were at 60/70 EPS was pre-pandemic and share price was 800 - 1000The current share price puts paypoint well below the net worth of both companies combined pre acquisition of appreciate. Divi well covered currently so no reason to believe that it wont continue at current levels atm.
Posted at 07/11/2022 14:33 by jun_man
I sometimes think I give the market more credit than it deserves. My best guess is that today's fall is a combination of some or all of the following factors:

- Paypoint has overpaid for the business. People maybe just read the premium to the share price prior to announcement and thought Paypoint has paid way too much
- mix of cash and shares. Can Paypoint afford the cash? Does it impact ability to pay dividends?
- less than obvious strategic rationale. I'm guessing most people had to look up what Appreciate did, and many are still probably asking what's it got to do with Paypoint. In my experience, that can undermine confidence in management, which leads to selling

I've not looked into it in detail, but I assume there are a decent chunk of cost synergies to be achieved here. Could also be some tech upgrades, plus PAY does need to diversify its revenue streams, so...

Either way, looks like management will need to show the benefit over the next 12 to 18 months, because the market is not congratulating them today.

Posted at 10/2/2021 15:47 by 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."

Paypoint share price data is direct from the London Stock Exchange
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