Paysafe Share Discussion Threads

[wolfhound1] 28/2/2017 17:36

Latest News
28 February 2017
Paysafe launches GOLO mobile ordering platform

Payment pioneer’s new mobile solution to transform how consumers and merchants buy and sell locally

GOLO debuts in Montreal ahead of North America, UK and Europe rollout

This is the start of plugging into a huge growth market over the next 3 years as detailed in this article

hxxps://www.emarketer.com/Report/US-Mobile-Payments-Outlook-Strong-Growth-Forecast-Proximity-Peer-to-Peer-Payments-2017-Beyond/2001890

...worthy of a re-rating as it gains traction me thinks

[malcolmmm] 28/2/2017 17:14

They say funds do short to add stability. As someone said ,most probably not a naked short, they surely have hedged against a rise so will make money whatever happens

[wolfhound1] 28/2/2017 17:04

nice finish - 430's look very close from here

[vantare7] 28/2/2017 15:21

Must be some bad news somewhere as OSB is also down 2.9%

[stockbob] 28/2/2017 15:13

scotherman

thanks sold most of mine this morning at about 342 and got rid of the rest a little later for less profit....which I'm glad i did as it drifted down quite a bit since then .
like you hope to buy back in below 300-290.
in the mean time will try and top up on Pays again,
GLA

[scothernman] 28/2/2017 14:31

Stockbob forward guidance by virgin money a bit muddled and not clear. I had bought VM at 334p yesterday in anticaption of results after selling PAYS at 421p last evening. Sold it first thing this AM at 343p after seeing annual report (with no encouraging forward statement) making a decent profit on 24k shares and bought back into PAYS at 420p. In the last hour MMs have pulled the rug to take out the stops in VM. Will wait for VM to drift below 300p before picking it up again for short term gains. My major holding is PAYS in all ISA accounts.

[polythene] 28/2/2017 14:29

Wolfhound. I don't know that they are naked shorts but they are still hanging out there. It may be correct in the end to 'ignore/not get hung up on them' but I am a worrier. If I was these cowboys and had big bucks at stake I would have a small army of hackers trying to breach data security. An announcement of this type is my biggest fear. AEK in particular had time to close at a profit but they seem to not be budging. As I said, I am a worrier.

[stuart37] 28/2/2017 12:49

very unlikely to be naked shorts - I would ignore / not get hung up on the short positions.

[wolfhound1] 28/2/2017 12:21

Polythene - in that case it sounds like you are assuming they are running a naked short - what makes you so sure the shorts are naked ?

[stockbob] 28/2/2017 12:14

Off Topic
anyone know why Virgin Money are only just up by 0.36% yet they have increased profits by over 33%?

[polythene] 28/2/2017 12:13

Wolfhound. I was talking about the shorters buying back. I have no problem with Paysafe ceasing the buyback programme above £4.

[sheep_herder] 28/2/2017 11:16

Looks like your record has got a scratch.

[arcadian] 28/2/2017 10:58

For the record, I just bought 2000 but it appears as a sell.

[wolfhound1] 28/2/2017 10:40

Polythene - simple, they need final audited numbers to feed into the deal sheet and analysis docs for brokers. The fact that buybacks stopped indicates to me plan b is soon to swing into action ( deal) and 400p was the golden number they needed to hit

[malcolmmm] 28/2/2017 10:29

SCSW seem to think an acquisition is imminent -

As a first shot for 2017 Paysafe says it expects to see “organic sales growth in low double digits and to maintain ebitda margins at 30%” (despite substantial investments in Know Your Customer infrastructure investment to comply with the European Union’s fourth anti-money laundering directive coming into force in 2018). Based on this, Deutsche’s FY17 forecast jumps to US$279m/48 cents but with Paysafe rapidly paying down its debts, CEO Joel Leonoff has strengthened his resolve for a “bold acquisition” before too long. Prospective PE is only 10 versus 21 for Worldpay.
Strong hold/buy for a gamechanger deal before long I think. Deutsche has raised its target to 600p.

[malcolmmm] 28/2/2017 10:17

Well if a deal is announced with results, all to the good but there is an acquisition in the pipeline in all events.

[polythene] 28/2/2017 10:15

Don't understand why if they haven't already. Buying back now will skyrocket share price before results. They must have a strategy but it's impossible to know what it is.

[wolfhound1] 28/2/2017 10:14

I can't remember who posted it on this BB but didn't one of the brokers upgrade PAYS on the basis of PAYS being " close to finalising a deal" some weeks back.

[tsmith2] 28/2/2017 10:11

Think we'll see shorters capitulate ahead of results....

[polythene] 28/2/2017 10:04

"Think of the disappointment if no deal is announced" - fair point remembering the number of false dawns we've had already.

Fair point is an understatement. People having been ramping up expectations to the extent results need to be spectacular to produce a share price boost.