Paysafe Share Discussion Threads

[largeronald] 20/9/2017 15:11

Smells a bit fishy to me. What chance it's bidco buying an ii's shares now at a depressed price with a pledge to give them another x amount per share post the vote?

edit: That amount of shares would have to be an ii - why on earth would they sell them at such a loss if they were guaranteed 590?

[oohrogerpalmer] 20/9/2017 14:21

Now the price is below the t/o offer price then Bidco can openly buy them in the market place.
Could be them that's bought them!!

[lomax99] 20/9/2017 13:14

Curious move, minimal impact on the share price though.

[malreid] 20/9/2017 12:27

someone just sold 4772K at 582.5 and lost out on 357K - madness

[bolstaf] 20/9/2017 08:43

Hi Guys sorry to intrude I got out about 3 weeks ago but desperate to buy back in next week if this gets what it deserves and it ends up a no vote..Can anyone say what the timeline on the 26th will be and when the market will be informed as I want ready if as I suspect Mr Market will play its usual games.. I'm lurking for selfish reasons but very much hope this works out for you all as its looking like most of you have probably called it rite. GLA

[trentendboy] 19/9/2017 21:17

It is an internal stitch up and not a hostile TO.They rarely fail

[ralphmalph] 19/9/2017 16:03

@lomax - I do not see it either. When I have had a bit too much Ridgeview of a night my thoughts turn to humiliation for Bidco when it is announced they have secured 15% of the votes.
Joel gets sacked the next day.

[ralphmalph] 19/9/2017 15:58

Wirecard could use their overrated paper to buy PAYS in a stock deal. Keep the bits they want sell of the stuff they do not want. They are on a P/E of 44 at the mo, so offer a p/e of 20 for PAYS but be prepared to go to 30 and the purchase would still be quids in for them.
Also it would Brexit proof their business as well.

[johnv] 19/9/2017 15:02

Like someone said before, why would ii be buying last week only to get a 5p result on their investment

[oohrogerpalmer] 19/9/2017 14:27

Trendboy ,
Unfortunately i suspect like you thats it will be a done deal at 590p , hope I'm wrong Also if it is a done deal at the price the share price wont get much higher than current.
They will make you wait the full term to get the full price.

[tradertrev] 19/9/2017 14:06

Compared to the day before the bid for PAYS, the shares are up 7.7%. Over the same period Wirecard AG shares (where there is no bid or any expectation of one) are up 16.6%. Our bid is at a discount, not a premium. We could easily rise on Bidco walking away.

[trentendboy] 19/9/2017 10:17

Sadly I fear it will go through and the deal is done.

Then it will rise to 590 obviously. However, if they come back with a new offer it could go past 600 fairly quickly.

[mmc71] 19/9/2017 10:12

Me too - will reverse my short and go long once it drops to that range.

[johnv] 19/9/2017 10:05

Yes, A no vote and a drop in the price, although I expect it to recover.

[mmc71] 19/9/2017 10:03

Opened a small short this morning @ 590 on the expectation of a No vote at the meeting and a fall back to 520-550. (Hold 5500 shares and have voted No)

[johnv] 19/9/2017 09:56

Is anyone here still buying?

[trentendboy] 19/9/2017 08:53

Does not look so simple through TD waterhouse - will see what can be done

[high park] 19/9/2017 08:16

Sold 1000 after voting NO through HL. Share price bound to go up now.

[jxh885] 19/9/2017 06:16

Voted no with my 10,000 shares.

[portugull] 18/9/2017 18:53

Voted NO through Hargreaves Lansdown. I hold 20,000 shares.

[wolfhound1] 18/9/2017 10:29

@aspex - I think budco are doing exactly what they tried with the BOD - low ball offer a few times before they get serious....which is fine we can wait. The silence from ii's is very telling, if Budco had them onside they would be shouting from the roof tops - I suspect we will see this defeated and immediately come back with a higher offer.

It is a long shot I know - but I would love PENN to come back and vote yes to OLG in the interim - that would really put the cat amongst the pigeons and force a real value bid !! IMHO

[aspex] 18/9/2017 09:35

Can we presume that Bidco is having to work very hard on the IIs before the meeting next week?And if the IIs have any sense, are they collaborating to get a best result for all?

[johnhelme2704] 18/9/2017 08:47

Yes a massive proportion of my investments is in PAYS. I am high conviction when I invest so I don't have many holdings. I have been mostly lucky with this style apart from HUR (which I think will be good eventually) where I am currently 32% down.

[trentendboy] 17/9/2017 18:38

Impressive that people here have 50,000 shares. That adds up to a pretty penny