Paysafe Share Discussion Threads

[malcolmmm] 06/2/2016 10:15

The Juggler, good find.

Paysafe valuation at ‘significant discount’ to peers


Mobile payments company Paysafe (PAYS) is trading on a discount to peers despite its strong growth potential.

Deutsche Bank analyst Johannes Schaller retained his ‘buy’ recommendation and increased his target price from 410p to 500p. The shares rose 1.1% to 404.8p yesterday.

‘While we believe markets appreciate Paysafe’s strong growth prospects in online payments, there remains a significant valuation discount to peers,’ he said.

‘We attribute this largely to concerns around the company’s risk from single customer concentration as well as operating in the gaming and gambling space.

‘Paysafe’;s recent trading update and management commentary on a subsequent investor roadshow provided several points to alleviate such concerns. An increased focus on reducing risk factors for the business should warrant a further rerating closer to peers.’

[malcolmmm] 06/2/2016 09:59

Institutions adjusting their portfolios, happens all the time. The share price will surge at some point IMO

[stockbob] 06/2/2016 09:42

hope we get back over 405 next week... a good few 2k down at present with this fall .

[wolfhound1] 06/2/2016 02:45

hadn't spotted that the PlayStation deal also involved partnering with Worldpay -

hmmmmmmmm interesting , given the number of times the 3 following three words have been in the same sentence over the last number of months :

Worldpay; Acquisition; Paysafe

hmmmmmmmmmm

[eh9] 05/2/2016 16:32

They have around 3.33% having sold around the same amount or looks like they halved holding after making a gain

[the juggler] 05/2/2016 16:27

I just had to have some more......they best go up next week!

[polythene] 05/2/2016 16:27

How was 16M above 5% please?

[marine boy] 05/2/2016 16:13

Grabbed a few at 386p

[scottishfield] 05/2/2016 16:10

had a few more around here

[wolfhound1] 05/2/2016 16:09

general market reaction in the US - Paypal off 5% - silly season - unemployment down so they fear a rates rise - buy the dip that will reverse before dow closes - 20 nothings on electric keyboards that have never known interest rates above 1 percent getting nickers in a twist

[eh9] 05/2/2016 16:09

One ii templeton reducing holding having made good gain. Perfectly normal

[polythene] 05/2/2016 15:04

16,000,000 shares (Before) is 3.3% of total voting rights of 480M. Are we sure that this is not just a recalculation based on the total voting rights statement of the other day?

[reddave999] 05/2/2016 15:01

3.80 I'll add :)

[jarega85] 05/2/2016 14:22

Small top up for me

[eh9] 05/2/2016 14:14

Us non farm payrolls have zero real world impact on paysafe prospects!

[lloydtrader97] 05/2/2016 14:01

Topped up in 300's today, i'm not complaining....Roll on March Jarega85 :)

[jarega85] 05/2/2016 13:52

Wow, is this taking out Stops!? Disappointing to see us back on the 300's, I keep wanting to say goodbye to them but they keep coming back!

Roll on March

[eh9] 05/2/2016 10:57

Bit of profit taking from templeton who have been in since rights issue. Seems reasonable end explains Monday softness

[eh9] 04/2/2016 18:44

itunes next?

Udo Müller, CEO of paysafecard, said the following in regards to their partnership with Sony: “Partnering with the giants of the digital world is one of our primary goals, which is why I am so pleased by this development. It also serves as recognition of our vision and of our product as a secure and convenient payment method and will make it possible for millions of customers to pay with paysafecard.”

[wolfhound1] 04/2/2016 16:55

@ lomax - great news - that would be the icing on the cake for 2016 share price - expect a massive leap if any one of these 4 go over the line in 2016 - with US presidential elections looming in NOV it could be a good time for states to quietly approve whilst everyone is focused on the elections - all 4 state coffers could use the money- so that usually takes the bi-partisan party politics out of the equation ( hence unanimous vote) - here's hoping PAYS stays independent long enough for a few of these to get over the line.

[lomax99] 04/2/2016 16:09

NY passes an initial vote, so on to the next stage.....

hxxp://www.onlinepokerreport.com/19482/new-york-online-poker-bill-passes-vote/


So many false dawns, suspect that at least one of the larger states muted (incl. Pennsylvania and California) will cross the line in 2016!

[scottishfield] 04/2/2016 15:21

Agree EH9. Look at the momentum since July. All the news since then has been positive & we know it's undervalued to others in the sector. I may buy even more.

[eh9] 04/2/2016 14:30

I still believe the underlying growth in the skrill business acquired is much stronger than the market and analysts conservatively assumed. I think there is a good 20% upside to profit forecasts for 2016 as many analysts were assuming skrill only growing mid single digits but restructuring in the last two years Canada had been closed etc) masked underlying growth

[verger] 04/2/2016 14:10

When the results come out in March we will know on what basis investment houses are setting their share price predictions. All being well there should be a big rise in share price I would have thought that in the lead up to results we would get nearer 425p as a platform for the jump up. Let's hope the broader market doesn't mess us about.