Paysafe Share Discussion Threads

[nurdin] 12/1/2017 10:41

Wouldnt surprise me if the shorters have not upped their positions today.Will be interesting to see. Thats the only explanation I can think of for this decline after such a positive update!

[sheep_herder] 12/1/2017 10:32

Well, this is depressing.

[stockbob] 12/1/2017 09:47

was hoping for a better rise ...will problem have to wait until later this afternoon

[callmebwana] 12/1/2017 09:41

The shorters Algos are stoping the price from breaking through the 200 Day SMA.
I think we will overcome that given time.It is a big resistance.
A great update and we are only up 3P at the moment. They are like a limpet stuck to PAYS. I am not selling any shares. I think if they had not been around we would have been over £5. Ah' such is the Stock Market these days.
I hate shorters.
GLA.

[sweyn] 12/1/2017 09:40

If you look back, this share always does this.
Everybody gets excited in the run-up. They then as always put out good news and nothing happens.

Then later, the price goes up nicely.

[polythene] 12/1/2017 09:17

It will take time. Some will be selling on news. Appears our buyback is stopping process falling for the moment but surely, surely this will fly once dust settles.

[melf] 12/1/2017 09:13

I guess PAYS is still a wounded animal. As long as the shorters are around investors remain apprehensive despite this morning's great update. It may take time here.

[bennya] 12/1/2017 09:13

Overall market a bit subdued today after a 12 day winning streak from the FTSE + other major indices down. Solid update and fundamentals will shine through eventually + the big boys will want to ask a few questions on the 2pm conf call before loading up, good times ahead!

[qs99] 12/1/2017 09:07

so with £:$ rate in PAYS favour as well, c.£240m EBITDA to Dec 16, net debt at half year was c.£311m but "strong cash generation" continuing, and sub £2bn market cap with growth still in double digit from this RNS, DYOR but IMO unless city believe the shorters, I am surprised by the lack of action....!

[boadicea] 12/1/2017 08:44

Looks like the initial spike up flushed out some 400p profit takers.
The second rise looks more solid.

[tsmith2] 12/1/2017 08:40

Also forecast for current year...

[scothernman] 12/1/2017 08:37

Headlines like this in media is always good after the negative short headlines

Paysafe shrugs off bet365-China concerns to report Revenue and EBITDA ahead of expectations for 2016. www.leaprate.com/2017/01/paysafe-shrugs-off-bet365-china-concerns-to-report-revenue-and-ebitda-ahead-of-expectations-for-2016/

[tsmith2] 12/1/2017 08:25

Hopefully some decent broker updates and even upgrades post cc

[lw425] 12/1/2017 08:24

SAL.

first job was to close the morning gap. Done!

next resistance at 469p which is a PE of less than 12

FFS!

[malcolmmm] 12/1/2017 08:21

Give the share price time, shorters may be trying hard to keep this down, PAYS will respond

[salpara111] 12/1/2017 08:18

Solid update but zero price reaction?
I am guessing that management were probably hoping that a strategy of buybacks up until todays update would be enough and then positive sentiment from the update would sustain the rise, sadly it looks like any share price rise from here will need to be encouraged via continued buybacks.
It is not often that I support any business management when they decide to engage in a share buyback but it was absolutely the right thing to do in this situation.
As I have said here before I would still like to see them gain a US listing as their business is predominantly conducted outside the UK and in $$s.

[lomax99] 12/1/2017 08:08

Mannymif, hope you are right, the share price at close at end of Dec was c £3.70.

[mannymif] 12/1/2017 08:03

Lomax, surely these guys have to mark to market at month end, so they will be short from where the market closed on the last trading day of December.

[lw425] 12/1/2017 08:01

Double digit ORGANIC revenue growth for 2017.

So 40p EPS looks nailed.

PE of 13 520p

PE of 15 600p

PE of 18 720P

[trentendboy] 12/1/2017 08:00

Bold M&A. Interesting that SCH up this morning. Must be a target

[lomax99] 12/1/2017 07:56

Big Fella - I agree, if not today then soon, my post 5762 looked at short positions, trying to estimate their averages:

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.

[longwell] 12/1/2017 07:56

good update, forward vis intelligent. would be nice to see 4.20 left behind finally for such a well run , aggressive , high potential company. we will see shortly. gla

[jarega85] 12/1/2017 07:55

Yes yes yes!!Well done PAYS, really pleased with the detail provided and the investment in KYC and additional due diligence in anticipation for regulatory changes!!!Fantastic! It's not just about making lots of cash but about protecting out customers, preparing for landscape changes and giving focusing on longevity of the company.Not sure about anyone else but I think the update covers any concerns that may have remained or the shorters are using to raise doubt.Now let's see that share price reflect!

[eh9] 12/1/2017 07:53

Note Paysafe results 7th march are the same day as worldpay! Coincidence? I don't think so! Merger on the cards?

[the big fella] 12/1/2017 07:51

I reckon by COB all the shorts will be well out of the money.