Paysafe Share Discussion Threads

[nurdin] 23/12/2016 09:17

I hope this is not a daft question but why doesnt the company use CFDs to counter the shorts?They would then have considerable firepower,from the leverage, surely. I know the intention is to buy back and cancel the shares which they cant do with CFDs clearly but they could reward the shareholders other ways by eg paying a special dividend from the profits of the CFD trades?(assuming of course they manage to see off the shorters this way!)

[tsmith2] 23/12/2016 08:57

I don't think the shorters are going to wait around for TU; they've already been told (as we have) about what's going to be in it...

[lomax99] 23/12/2016 08:36

The headline buyback numbers are a warning to shorters, not a statement of intent.Wolfhound - thanks for your reply. Funds who are short may have covered exposure by buying back in other portfolios, in theory neutralising their overall exposure. However, if the trajectory is up, surely they still need to close their shorts, otherwise they will derive little/no benefit from the resulting rise? (And vice versa, if the stock falls). Also wouldn't 32M+ worth of buys have had a more positive effect on the SP?

[lw425] 23/12/2016 08:04

EH9

The buy back is 'up to £100m'.

Therefore they cannot buy back 48m shares at say 350p average as the total in sterling would be 168m

So the only way they will be buying back 48m shares would be if they expect the share price to fall sharply next year?

Max at 350p average would be around 28.5m shares to buy back

[tsmith2] 23/12/2016 08:03

Looking for a good 3-5% rise today

[eh9] 23/12/2016 07:32

Only 0.77% of the total buyback has happenned so far ie 372k/48m

[smcmahon993993] 22/12/2016 23:21

I think a hostile takeover would be unlikely, and shareholder voting would be required, and with the crashing of the price recently, I hope most shareholders would be unlikely to accept a poor offer. Roll on the trading statement and good work Pays in buying back against the shorter pressure...

[opodio] 22/12/2016 22:01

wolfhound122 Dec '16 - 12:50 - 5622 of 5649 0 0
I wonder how much the funds are truly short at this stage - my guess is that in reality alot of the buying has already been done to cover the shorts via "independent" fund vehicles on the 13th/14th - this is just window dressing so they keep pi's in the dark as to how they truly operate.



yeah

[boadicea] 22/12/2016 21:59

jovi1 Re 5595 - Can you supply the source of your stock lending assertion?

In fact, I rather fail to see the point of setting a limit sale trigger, as the nominee would just lend other people's stock if that's what they want to do.
I prefer to use a nominee that expressly state they do not lend stock held for a beneficial owner - such as HL (Vantage accounts etc.)

[boadicea] 22/12/2016 21:32

Latest reported Shorts (FCA site)
AEK (UK) Limited 2.88% 2016-12-19
Oxford Asset Management 0.60% 16-12-16
Public Equity Partners Mgmt, L.P. 1.90% 2016-12-20

[qs99] 22/12/2016 21:03

good site many thanks

[scothernman] 22/12/2016 20:43

Why look at FCA website

I feel Short Interest Tracker website give better information with graph etc

shorttracker.co.uk/company/GB0034264548/all

[lomax99] 22/12/2016 18:52

Who knows what they are doing, but the link to today's numbers is back up.

[qs99] 22/12/2016 18:03

that's annoying!

[eh9] 22/12/2016 17:48

Someone at the fca is sozzled!

[lomax99] 22/12/2016 17:38

Dates definitely wrong, spreadsheet, at the moment, headed up 15/11/16! The one I quoted earlier was today's date, with total shorts of 5.38%.

[qs99] 22/12/2016 17:34

interesting only two on there, thanks for link: AEK 3.13% and PEP 1.52%....DYOR...personally if OAM has gone, and these are reducing (?) that bodes well for next few weeks....IMO...!

[ihatemms] 22/12/2016 17:32

Metsis - I think the dates are wrong on that spreadsheet.

[eh9] 22/12/2016 16:37

There are undoubtably paid plants on boards. Best to ignore watch the rnss and let the share recover.

[malcolmmm] 22/12/2016 16:30

I reckon a fund or funds shorting may have been trying to take PAYS down by whatever means, using Spotlight and social media with lies and disinformation , plants on the boards ie perhaps Trance Man etc.They chose the close period so the company could not defend itself, all very well thought out.
The shares were in a downward spiral until the buybacks were announced.
Perhaps as some investors believe , all this was orchestrated by another company wanting to buy PAYS at a big discount

[malcolmmm] 22/12/2016 16:01

I would be surprised if these went down considering shorts are buying,Pays is buying and results out soon.