Paysafe Share Discussion Threads

[eh9] 14/12/2016 07:46

14 Dec 16 Paysafe Group Plc Barclays Capital Overweight 610.00 610.00 Reiterates

Nice 100% upside for the brave!

[nurdin] 14/12/2016 07:11

Norges Bank ups its stake to go over 3%....a nice vote of confidence.Many more will follow I am sure.

[malcolmmm] 14/12/2016 00:49

(ShareCast News) - As shares in Paysafe and NCC Group took a hammering, directors in both FTSE 250 companies upped their skin in the game.
On Monday, Paysafe's chief financial officer, Brian McArthur-Muscroft, exercised options over 516,844 ordinary shares at 0.01p each that were awarded to him under the company's long-term incentive plan.

He sold 243,778 shares on the open market at 371.85p each, which was said to satisfy tax and national insurance obligations and the option cost of the exercise, and kept the remaining 273,066.

At close on Monday these were worth roughly £1m, just before midday on Tuesday these shares were worth around a third less after traders began reading a blogged note by anonymous short seller Spotlight Research that highlighted what it saw as material risks from potential regulatory action.

The short seller alleged that the Paysafe's largest customer, most likely to be Bet365 and which represents around 50% of its earnings, was operating a business that appears to facilitate and engage in illegal gambling in China.

Paysafe pointed out that not only did Spotlight, which has disclosed a short position, stand to gain from a fall in Paysafe shares, but that all material information in the report "is either factually inaccurate or has been previously disclosed".

It added that it "has a history of significant, transparent disclosure to the market, publishing two prospectuses in 2015 and being subject to substantial additional scrutiny through a full UKLA listing process as part of its move to the Main Market of the London Stock Exchange".

By late afternoon on Tuesday, Paysafe's share price had crawled back up to 310p, yanking McArthur-Muscroft's holding back up above £820,000.

Meanwhile, two directors of NCC Group, which was architect of its own share price fall as it issued a profit warning, showed their confidence in the cybersecurity company.

Chief executive Rob Cotton bought 125,000 shares and chairman Paul Mitchell 50,000, both at a price of 191p, to spend a total of £0.33m.
(ShareCast News) - As shares in Paysafe and NCC Group took a hammering, directors in both FTSE 250 companies upped their skin in the game.
On Monday, Paysafe's chief financial officer, Brian McArthur-Muscroft, exercised options over 516,844 ordinary shares at 0.01p each that were awarded to him under the company's long-term incentive plan.

He sold 243,778 shares on the open market at 371.85p each, which was said to satisfy tax and national insurance obligations and the option cost of the exercise, and kept the remaining 273,066.

At close on Monday these were worth roughly £1m, just before midday on Tuesday these shares were worth around a third less after traders began reading a blogged note by anonymous short seller Spotlight Research that highlighted what it saw as material risks from potential regulatory action.

The short seller alleged that the Paysafe's largest customer, most likely to be Bet365 and which represents around 50% of its earnings, was operating a business that appears to facilitate and engage in illegal gambling in China.

Paysafe pointed out that not only did Spotlight, which has disclosed a short position, stand to gain from a fall in Paysafe shares, but that all material information in the report "is either factually inaccurate or has been previously disclosed".

It added that it "has a history of significant, transparent disclosure to the market, publishing two prospectuses in 2015 and being subject to substantial additional scrutiny through a full UKLA listing process as part of its move to the Main Market of the London Stock Exchange".

By late afternoon on Tuesday, Paysafe's share price had crawled back up to 310p, yanking McArthur-Muscroft's holding back up above £820,000.

Meanwhile, two directors of NCC Group, which was architect of its own share price fall as it issued a profit warning, showed their confidence in the cybersecurity company.

Chief executive Rob Cotton bought 125,000 shares and chairman Paul Mitchell 50,000, both at a price of 191p, to spend a total of £0.33m.

[wolfhound1] 14/12/2016 00:48

JohnV - apologies I hadn't spotted that you had already posted the info on post 4950 - my bad

4950 was a great post - really shows up that spotlight "research" as nothing more than pure made up rubbish to suit the need of the shorters on the day - doesn't matter that it is lies as long as it serves its purpose on the day which was clearly to let create mayhem so they can exit their shorts before they are squeezed - this is a newish and very disturbing tactic- welcome to the age of "false news" - there has to be money in exposing these scam artists for what they are.

[malcolmmm] 14/12/2016 00:37

I still think that PAYS IS a good company making great profits. Anyone can cast a negative view on a company. Paysafe doesn't kill or pollute its customers as Tobacco and many other industries do, car manufactures, mining, armaments etc etc . In fact I find gambling online fun as do many others world wide. Spotlight should look elsewhere if it was ethical which imo it isn't .

[rogthepodge] 13/12/2016 23:50

hmmmmmmmmmmm!

[trance man] 13/12/2016 23:43

don't be so paranoid

i'm only a private investor with a view

[rogthepodge] 13/12/2016 23:39

trance man13 Dec '16 - 23:26 - 4990 of 4991 0 0
NO


'trance man', you joined ADVFN today. Who are you and who sent you?

you are clearly part of this little game

[juzzer100] 13/12/2016 23:37

I am hoping so!

[tsmith2] 13/12/2016 23:26

cool. I do.

[tsmith2] 13/12/2016 23:26

Anyone else get feeling that we may well see a big up day tomorrow?

[trance man] 13/12/2016 23:18

Look:

From Interims.

Heading: Group revenue and gross profit


'The Group earned 45% of its H1 2016 fee revenue7 from online gambling verticals'

and

'The Group has one merchant representing more than 10% of revenue, which contributed 20% of revenue in H1 2016 (H1 15: 29%)'

[rogthepodge] 13/12/2016 23:13

trance man13 Dec '16 - 21:12 - 4978 of 4986 1 0
wolfhound.

shut up.

you've been talking this share up since 460p. now below 310p

you've been chuntering on about possible deals here, there and everywhere

you have NO credibility left on this thread

your opinion has no value

go away fool

N.B.and warning!!!!!! 'trance man' joined ADVFN today!

[johnv] 13/12/2016 23:02

That's what i quoted on post 4950 from the web page.

[wolfhound1] 13/12/2016 22:58

And here is real analysis and facts !!

from UKbusinessinsider.com

Barclays said in a note last week that Paysafe "continues to stubbornly trade at an unjustifiable discount to the sector" in part due to the "concern around the Bet365 exposure in China." However, the bank dismissed this as "noise", giving the stock an "overweight" rating.

Analysts at Macquarie said in a note on Monday initiating coverage of the stock: "Paysafe’s risk has fallen significantly over the last few years. Paysafe’s exposure to high-risk Asian gateway revenue has reduced to about 13% in H1 2016 from 29% a year ago and it is not a contributor to growth."

Aggressive research and reports have become a popular tactic among short sellers in recent year.

[andy mack] 13/12/2016 22:51

I think shareprophets tend to focus on aim stocks rather than Ftse listings. I don't think there is much to pin on them anyway other than that report that came out today

[johnv] 13/12/2016 22:42

Usually share prophets jump on companies that have been shorted I.e. blnx and quindell but no mention on their webpage, perhaps they too realised this report is far fetched.

[wolfhound1] 13/12/2016 22:40

careful trench man - your mask of civility is slipping

#filtered

[nurdin] 13/12/2016 22:32

My question is ,why have the shortes singled out Paysafe out of all those on the list here?

[jarega85] 13/12/2016 21:46

Bit harsh Trance Man, we've all lost money here but your comments aren't warranted. This board has been respectable and comments valid and added value in my opinion. Some speculation which we all dream once in a while but most thought through. We've all invested on PAYS basic fundamentals but we've now learnt the hard way that the risk of illegal activity given the business partners is where we are vulnerable.

Until PAYS is formally investigated and issues found, the fundamentals we all originally invested in remain the same. As a long term holder I look forward to the update in Jan and being debt free by EOY 2017. If we get taken out before then, then so be it, otherwise I've only heard noise today. The market has panicked and it needs to settle, unfortunately the damage is done but without evidence business goes on.

[trance man] 13/12/2016 21:31

and where is our friend EH9?

come on man say something!

[trance man] 13/12/2016 21:12

wolfhound.

shut up.

you've been talking this share up since 460p. now below 310p

you've been chuntering on about possible deals here, there and everywhere

you have NO credibility left on this thread

your opinion has no value

go away fool