Paysafe Share Discussion Threads

[nurdin] 31/12/2016 09:23

Good work Iomax, thanks.

[malcolmmm] 30/12/2016 23:53

I am thinking that these shorters wanted to keep the share price low to curtail acquisitions .All we need is an announcement of a deal with the $0.5bn they have set aside for this and an increase of around 59% expected increase in revenues on the previous year.The more deals the less they are reliant on existing customers .

[lomax99] 30/12/2016 16:57

Just having a look at the short positions.

I looked at the data on short tracker - dates of change, new short holding, and taking the previous days closing share price For the opening position (at 0.5% disclosure threshold) I assumed the mid-point of the low/high range of closing day prices for the 3 months prior to the notified short.

The results were:

1) AEK Currently have a short of c. 12.79M shares at an average share price of 4.22;
2) PEPM Have a short of c. 9.31M shares taken out at an average price of 4.33;
3) Oxford Have a short of 2.94M shares taken out at an average of 3.75.

The averages for AEK and PEPM are likely to be more indicative as their overall holdings are significantly above the 0.5% disclosure threshold. The mid-point figure for Oxford is less reliable as there was wide range in the prior 3 months SP's (305 to 464), and their current holding is just above the disclosure threshold.

So AEK & PEPM both still have a reasonable margin to play with, Oxford on the other hand may be starting to get quite uncomfortable.

[napoleon 14th] 30/12/2016 15:06

Various things cross my mind.
BTW, I've neither bought nor sold thru' all this skullduggery...

1. I hold some PAYS 'cos IMO it's got a great management team, developing well & safely & produces CASH aplenty. Does a short attack change the fundies? No!
So F.off shorters, I'm here to stay. Those who panicked & sold on that piece of outdated/fictional info should not be investing, as they're still wearing shorts (I mean schoolboy short trousers)

2. Personally I'd make shorting a crime of the same sort as insider dealing because it creates a false market. It was obvious they were shorting well ahead of the "report", all the way from 470 to 360p IMO. The report was their chance to cover at a profit, which some missed. Sand were amazingly accurate with their trades tho', as if they knew something......

3. The buyback idea is the right one (other than sueing Spotlight, which I would have done). Perhaps PAYS can up the tempo, drive the share price a bit harder & make it more painful for the shorters? Alternatively, as Bodicea said, a tender offer could have some effect... Imagine - a £6/share tender offer right in the middle of their shorting antics! IMO a motion at the next AGM or EGM supporting this possibility would be enough to scare the pirates off?

4. The "establishment" (FCA et all) are as gutless as they ever have been & can't be relied on to do a proper job of ensuring a proper market. Pathetic!

5. These shares are seriously cheap and I would add if I weren't commited elsewhere.

[nurdin] 30/12/2016 12:14

One could argue however that the drop from 470p to 360p was also triggered by shorters aware of the imminent release of the report?

[fourgirls] 30/12/2016 12:14

You can keep on till the cows come home about the strategy of the shorters.They would have had many meetings before they commenced their plan and they know their target.Personally all I know is that PAYS is looking to expand and is very cash generative,2 very big ticks for me,quality will always win.It's a matter of time.Like the shorters I have my target as well..I can wait..but can they.

[verger] 30/12/2016 12:08

Am I correct? The Spotlight rubbish made this share plummet from 360 to 230 and quickly back up again when sense returned to the market. So we are back to where we were ie a shorted share price from 470 to 360. Assuming that the shorters were not acting on the foreknowledge of the Spotlight Report, maybe they are not being quick to buy back because they still have their original reasons. The company's share buyback scheme is a strong defence of the value of the company against the shorters' pessimism. But we still have all to play for and the tu should shed some light on the matter. Personally I trust the management and have increased my holding.

[nurdin] 30/12/2016 12:07

I think 370p has proved a major barrier since the buy back was announced.A close above here would be very positive imo.

[kuss1] 30/12/2016 11:29

Problem for the shorters is that pays had no difficulty getting 100 million together. It's generating cash at some rate. So 5% shorts to close and 10% shares to buy back all when cash generation is accelerating ... and when the market is in fine form....

[tsmith2] 30/12/2016 11:26

£4.5 on results day my prediction

[tsmith2] 30/12/2016 11:09

Buyers firmly in control. The company is just being sensible about things. Think shorters are in trouble here...We know the results and outlook statement will be bullish, analysts will weigh in, company has serious ammo re: buy backs...think a severe bear short squeeze..Tick tock

[jarega85] 30/12/2016 10:17

30p rise for every 2.5% bought would be amazing!

[nurdin] 30/12/2016 09:43

There is no evidence yet that the shorters will close their positions any time soon..from what I can see.Do they use stop losses or would they simply increase their position should the price surge? Answers on a postcard please.

[shanksaj] 30/12/2016 09:39

Malcolm, shorters do not look to depress the price by selling more. Where a company business model,etc is sound they look to panic the sheep by spreading rumours. The Paysafe board, by their buy back scheme, show they have a lot of cash and have squashed the fear generated by the Rumour Mill Boys with sheer weight of firepower. There won't be another run on the shares until after the next market update/results.
The shorters cannot do anything now (except close up shop) until after the next RNS/results. After the rns, which will probably be good, out will come another rumour.

[boadicea] 30/12/2016 09:33

The company needs to preserve its main firepower until the shorters try to close out. There is no point in giving them a supported price if they choose to keep selling.

[malcolmmm] 30/12/2016 09:28

Opening spreads are a menace, must be a nice little earner for the mms .

[callmebwana] 30/12/2016 09:27

The Short Position is still showing at 5.11%.
I would have thought the shorters would have started to unwind their shorts !! They seem to be stuck like leeches to PAYS. Not long to wait now, not many trading days left until the company informs the Market. I hope PAYS has some good news for the holders.
GLA.

[redlee] 30/12/2016 09:22

With the shorters, I find it surprising that Oxford with the smallest short position (0.60%) haven't closed out. The other two have the potential to make the share price surge more given they have to buy back much more.

[shanksaj] 30/12/2016 09:21

A short position is effectively a promise to buy at a future date. So you could argue that every short position underpins the current share price.

[malcolmmm] 30/12/2016 09:14

I think the shorters are in between a rock and a hard place, sell more to try and depress the share price will be counteracted by PAYS 100m plus buy back program . Buy in any quantity will cause the share price to surge

[sheep_herder] 30/12/2016 09:03

If you look at the size of the trades, doesn't this imply that someone is still trying to keep the price down by loading the sell order book with small sells? If you were genuinely trying to offload a position wouldn't you just use multiples of the NMS?

[polythene] 30/12/2016 08:50

Yes. A bit disappointing that the share price is only standing still with them buying 130,000.

[kevph] 30/12/2016 08:41

That opening spread nearly did me in this morning. 18p at one point. Nasty

[nurdin] 30/12/2016 08:12

Just as well they are supporting the share price!