Paysafe Share Discussion Threads

[bolstaf] 10/8/2017 19:43

Anyone know the iis contact details to get those figures to them???

[bolstaf] 10/8/2017 19:36

That's naughty ralphmalph are you after wolfhounds top spot ??? fantastic stuff!!!! now if the two of you can conjure up a plan to get this bid kicked out I'll vote either of you for the CEO AND CFO jobs, you both just have to say which ones you prefer , Mind you with a couple more acquisitions I would expect slightly better growth

[ralphmalph] 10/8/2017 19:15

I thought I would do some profit forecasting to forecast the share price in the next few years. I am using EBITDA and it was 301 last year but we need to add 25mill from the latest aquistion (6 months worth) EBITDA is growing at 18% from latest figures so add another 25mill to get EBITDA as of now.

351 414.18 488.73 576.70 680.51 803.00 947.54
5.90 6.96 8.21 9.69 11.43 13.49 15.92


Topline forecast EBITDA 18% growth rate, bottom line projected share price at same multiple as today.
It used to be said that a buyout should be at the 3 year projected share price to get the ii's to accept or they would wait.

[bolstaf] 10/8/2017 17:20

BTW please dont think the BODs backing of this bid means its a good offer its just probably the only offer that will save there skin .Yes they have got us this far but the boat they are in has no life rafts for us . If this gets merged they will be jobless I'm sure .

[nevertoolate3] 10/8/2017 16:32

Play safe and hang on to your Paysafe!!

[bolstaf] 10/8/2017 16:30

Sorry folks my mention of worldpay was only to explain my valuation of pays I didnt think we would get Hijacked . I'll grudgingly take £8.50 but would love to be saying I told you so when it gets to £15 in the not to distant future .. you can have your upside somewhere else I would like it here.

[nevertoolate3] 10/8/2017 16:25

Markets looking a bit dodgy. Probably better hanging on to your Paysafe.

[mip55] 10/8/2017 15:23

"if you switch to worldpay"EH9 I know you've fallen completely out with your PAYS first love and I hope you'll be very happy with your new love but how about leaving us PAYS holders to discuss the company without you attempting to make the bid succeed by getting people to sell up?

[bolstaf] 10/8/2017 15:21

In My Honest Opinion I would buy these at £8.50 to get £15 in three to five years and Would go higher if I had competition for them.But yes we all have different hopes of course .

[bolstaf] 10/8/2017 15:21

In My Honest Opinion I would buy these at £8.50 to get £15 in three to five years and Would go higher if I had competition for them.But yes we all have different hopes of course .

[lomax99] 10/8/2017 15:07

No two ways about, we are being absolutely stuffed at £5.90, but for this bid we would be over £6 by now following the MPCS acquisition & TS with positive YE spin, and that is without the sale of the Asian Gateway, which is why Barclays were suggesting up to £8.50.

[ralphmalph] 10/8/2017 15:02

The Worldpay deal is different it is a merger so the ii's gt shares in the new vantiv-worldpay, so they will benefits from any upside as well as having had a nice spike in share price on the annoucement of the deal. win/win for them.
This is buyout so any upside will only benefit bidco, one reason why I think the ii's will reject.

[eh9] 10/8/2017 14:51

£6 x 1.4 = £8.40 if you switch to worldpay which has an easy 40% upside

[oohrogerpalmer] 10/8/2017 14:46

Like any selling situation its not what something is worth its what somebody is prepared to pay for it.
We all know what the likes of Barclays have said and others what the future potential is but the bottom line is the offer on the table of 590p has the BOD's backing.
IF another bid fails to come in then the best we can hope for is that the current insti's can up the offer by 5-10%.

This will get sold , just depends at what price but i doubt it will be for anything like the potential value !!!!!

[bolstaf] 10/8/2017 14:29

EH9 sorry but my point was that this WILL be worldpays current value in three to five years time which has more future growth potential is not important to me as I hold pays at the moment and very happy to continue to do so until this plays out . I absolutely get why some sold out at £6 I'm happy i didn't in fact I added a short while ago so hope my conviction is rewarded

[jgoold] 10/8/2017 14:18

We really have no decision to make until the bid becomes unconditional and it becomes clear they have the votes. If they do it's unfortunate but we'll get 590p, now the real floor, but if someone comes with a competitive bid we do much better. I'm now quite relaxed about the whole situation.

[eh9] 10/8/2017 14:13

Imo worldpay is by far the better bet. Vantiv-worldpay is compelling from and industrial and technological standpoint and there is at least 40% upside between now and autumn according to CNBC

[bolstaf] 10/8/2017 13:59

I'm frustrated at some of the valuations now being made here sorry I know we all have opinions but can dose anyone not think pays have the potential to have worldpays currant value in say three to five years I'm convinced bidco do!!! Given that that would make this over £15 then what would you be prepared to pay ????

[pshevlin] 10/8/2017 13:36

Aleady moved some speculative cash into IQE and IDP to gauge where to put any windfall from this. Already well up in a couple of days with seemingly a lot further to go. Must be other ones roger but I haven't been paying much attention lately.

[lomax99] 10/8/2017 13:32

They have 28 days from the date of the recommended offer, so they need to issue the offer pack by 1st September, unless they agree a formal extension.

[slaccs] 10/8/2017 13:26

I tend to agree with 'oohrogerpalmer' and expect a take out price of GBP 6.50 unless another bid transpires. I sold a few at GBP 6.00 and have just bought them back. The only danger I see is if the bid fails and Bidco crawl back under their shell, the share price could crash and we are back to waiting for the share price to recover. This is as close to a sure thing as is possible even if bid goes through at GBP 5.90

[mip55] 10/8/2017 13:23

Roger .... the 18th is now a bit of a red herring since the consortium have tabled a formal bid and it has been approved by the board.

[oohrogerpalmer] 10/8/2017 13:11

They will have spoken to all the larger insti holders to gauge their reaction to the 590p price.
IF it looks likely they will fail to get the required 75% they will me asking the same people for what they think is acceptable.
My view is that come the 18th they will announce that they have agreed a price somewhere between 630-650p which has the support of the majority of insti's.
Job done , sell out and move on.

Like a few others on here i am going to have a large chunk of cash to invest ,anybody any ideas on the next double bagger !!!

[lomax99] 10/8/2017 13:09

Sure, but the ii's need to co-ordinate their response at a far more appropriate initial level, obviously the higher the better.

[bolstaf] 10/8/2017 13:04

That's why they started at 590 if they had started at 675 we would be shouting to cheap at that too