Paysafe Share Discussion Threads

[2bluelynn] 07/3/2017 08:43

I wonder if four pound will hold ??

[johnv] 07/3/2017 08:38

Worldpay down 3.5% today on their results

[malcolmmm] 07/3/2017 08:33

OK
Payments services company Paysafe Group Plc (LON:PAYS) has released its 2016 financial results, showing phenomenal top line growth of 63%, as the company joins the $1 billion annual Revenues club.

Paysafe operates the Skrill and NETELLER online payments brands.

Paysafe shares were hit hard in December, when a report issued by short selling firm Spotlight Research surfaced, questioning Paysafe’s ties to one of its largest clients bet365 and its role in facilitating supposedly not-so-legal gaming activities by Chinese clients. Paysafe shares reacted by trading down as much as 38%, with Paysafe responding by calling the report inaccurate.

Paysafe then instituted a share buyback program, and its shares have more than recovered from where they were trading before the episode.

Back to Paysafe’s 2016 results… Highlights included:

Financial highlights
•Group exceeds $1bn in revenue for the first time and delivers adjusted EBITDA of $301m and statutory operating profit of $194m.
•Exceptional year-on-year growth in revenue and adjusted EBITDA margin.
•Group continues to demonstrate impressive cash conversion and balance sheet strength, with significant debt capacity at 31 December 2016.
•Elevation to the FTSE 250 alongside ensuring strong financial management and appropriate governance framework, control environment and enhanced reporting.

Operational highlights
•Completed Skrill integration five months ahead of schedule.
•MeritCard and Income Access acquired, adding diversification of risk profile and additional product capability.
•Continued investment to maintain best-in-class KYC, risk management and operational third-party technology.
•Commenced development of consolidated, comprehensive and scalable payments platform with continued modular launches planned for 2017.
•Launched developer self-service portal.

[steptoes yard] 07/3/2017 08:30

Conviction to Hold.

[jozo] 07/3/2017 08:28

On another note.

While I expect additional deals form PAYS in the near future some of the speculation on this BB has at times totally ludicrous.

On this forum there is always superb and highly informative information/debate shared which is greatly appreciated.
It's also nice to bounce possibilities/ideas around, however at times it has been nothing but wild conjecture and helps whip up overly high expectations.

Maybe deal will be announced later today, tomorrow, next month or even 6 months from now - that I am certain, it would nice to keep it to constructive discussion!

jozo

[trentendboy] 07/3/2017 08:27

Strange initial market reaction to excellent results.Risk reduction via different verticals and regions is impressiveWorth buying this dip. There is clearly going to be some serious corporate action this year

[fozzie] 07/3/2017 08:21

Happy holder here and will add below 400 if the opportunity presents itself.

[salpara111] 07/3/2017 08:20

I just don't know what to do with my holding.
Having read the results I fully expected to see at least a 5% pop at the open so rather confused.
Personally I think they should be buying very heavily in the market today to support the price, the last thing they want is the share price finishing down today.

[lomax99] 07/3/2017 08:19

Toyin, Been 'lucky' before, bought more just under £2.50 on the day of the short attack. Subsequently sold most of these, as I already hold a few more than I would ideally like.

[toyin] 07/3/2017 08:14

lomax99

I agree but you will be lucky, I think they will just buy back and keep the price sensible they know they are targets for a short attack.

All the best

[jozo] 07/3/2017 08:12

Buy backs will kick in below 400p if needed.

Would expect shorts to make most of profit taking and attempt to close while this short term weakness lasts.

jozo

[lomax99] 07/3/2017 08:09

Market reaction predictable! Looking to buy any, silly, dip.

[mannymif] 07/3/2017 07:58

Would be lovely for PAYS to have the same P/E as Worldpay !

[sheep_herder] 07/3/2017 07:57

Yeah, I think this all looks good. Margins are great, promise of low double digit growth before any add ons, and quite a few high ranking hires that look promising. Happy to hold this and see where they go.

[eh9] 07/3/2017 07:49

Ebitda now 53% of wordpay's

[davidlloyd] 07/3/2017 07:44

Very impressive set of results IMV.
DL

[nurdin] 07/3/2017 07:39

Yes good point about margins Operating margin at 19.4% is well above what they achieved in 2015 (4.5%)...and indeed in the past.Thats the main bright spot for me and could possibly provide the required impetus for the share price to move strongly forward.

[qs99] 07/3/2017 07:37

I agree, billion $ companies take time to move corporately and PAYS seems to be progressing nicely IMO....what other companies can talk of low DOUBLE digit organic growth and 30%+ EBITDA margins in a growth market? Some people need to get real! Add in firepower from ever decreasing and IMO already low net debt figures, share buy-backs still loads to come IMO and so hopefully the IR meetings following call at 2pm can get some larger instis throwing their weight behind PAYS....lets see DYOR

[longwell] 07/3/2017 07:34

you all seem to miss the point about other news.
the board is being increased rather quickly?
we are not far away from acquisition, its been identified and prepared for, much like skrill , quick smooth integration, these people want to grow not be eaten.
happy to be patient, shorts attack, I buy , so win win. happy days.

[kuss1] 07/3/2017 07:25

'not bad'! Outstanding set of results. Love the decline in debt and those margins continue to rise. Share price stuck at where it was a year ago, so no recognition at all in the company's share price for such a fantastic year. That can't last for much longer.

[nurdin] 07/3/2017 07:25

Results bang in line with forecasts.Some waffle and bit self congratulatory commentary.M&A prospect still there but no further detail. Encouraging start to the year.

A bit of an anti-climax for me.

.

[scothernman] 07/3/2017 07:24

Revenue 1000.3 mill operating profit margin handy 19.4%. Debt down from 413 mill to 280 mill. As expected no aquisition news. Foward growth low double digits. Those 3 big boys have an insider in PAYS (pun) and hence probably did not close. There may be big swings today. On paper results better than World Pay. Will be above current levels in 4 weeks if longs patient....unless some institutions step in today

[pineside] 07/3/2017 07:21

Not bad results but nothing to knock your socks off either. Happy to hold waiting for the next big M&A deal.

[qs99] 07/3/2017 07:10

well PAYS results IMO look pretty impressive as well.....not long IMO before this will become debt free all things considered, so at around 10 X historic EV/EBITDA, where to from here? Confident outlook as well IMO...DYOR