Paysafe Share Discussion Threads

[eh9] 10/3/2017 08:37

Wirecard today at ath's having successfully come out of its shorting. Only a matter of time before paysafe over £5 now.

[steptoes yard] 10/3/2017 08:21

It's more good news than bad. Imagine if the Ctte had stood aside or rejected. I'd personally prefer PAYS to retain independent and grow the business and mop up their share of TAM as they become available.

[eh9] 10/3/2017 08:04

PA however is looking much more positive this year

[mip55] 10/3/2017 08:01

Don't get too enthusiastic.....this happened in 2016 as well. There is considerable opposition from the tribal interests who have a huge say in what happens to online gambling in the state.As onlinepokerreport says....Michigan Moves Forward On Online Gambling With 'Yes' Vote, But The Real Fight Is Yet To Come

[steptoes yard] 10/3/2017 07:52

Good news eh9

[eh9] 10/3/2017 07:51

hxxps://news.worldcasinodirectory.com/committee-approves-igaming-bill-in-michigan-following-push-in-pennsylvania-43275

[hutch_pod] 09/3/2017 21:23

Presumably given PAYS reports in dollars, a stronger dollar reduces the value of non dollar earnings. 40% earnings in dollars, 30% euros, rest Asia, per finals.

[malcolmmm] 09/3/2017 21:02

I subscribe to Fat Prophets and they have some quality in depth analysis on PAYS .
Looks like it is a certainty that the FED will raise interest rates so I suppose this should be good for PAYS when the dollar rises

[johnv] 09/3/2017 20:22

JP Morgan has a workpay target of 290p(it s now 287p), fully valued now. surely some of those investors would move their money to better places of obtaining decent returns. I.e. pays

[wolfhound1] 09/3/2017 17:13

"click bait" - written by the financially illiterate - rename it "Monty Python"

[nurdin] 09/3/2017 16:43

A very bad write up agree.He also thinks Pays would be rerated if they started paying dividends ! pah

[malcolmmm] 09/3/2017 16:27

The Motley Fool analyst seems to have changed his mind on PAYS, seem to like them now,
Both stocks remain potential buys in my view, but do the possible rewards outweigh the risks?

Payment winner

Payment processing company Paysafe Group (LSE: PAYS) saw revenue rise by 63% to $1,000.3m last year. The firm’s adjusted pre-tax profit rose by 96% to $213m. These figures were boosted by shifting exchange rates, but even without this tailwind Paysafe’s revenue would have risen by 21%.

Formerly known as Optimal Payments, the company rebranded after its bold $1.2bn acquisition of US rival Skrill in 2015. I have to admit that I’ve been unsure about the durability of this firm’s earnings in the past. Online gambling accounts for almost half of revenue, creating regulatory risks that are hard to measure.

Paysafe’s 2016 results suggest I may have missed an opportunity. The figures show strong organic profit growth that’s backed by free cash flow. Excluding acquisitions, Paysafe’s free cash flow was $208m in 2016, slightly more than the group’s $194m operating profit. Some of this surplus cash was used to reduce net debt, which fell from $431m to $279m last year.

The company is also taking steps to reassure investors concerned about corporate governance risks. Since joining the FTSE 250 last year, Paysafe has appointed a new auditor — Deloitte — and added two additional non-executive directors to its board.

It expects to achieve “low double-digit organic revenue growth” in 2017, with an adjusted EBITDA margin of at least 30%. This puts the stock on a forecast P/E of 10.6, which looks about right to me, given the lack of a dividend. I’d hold.

A valuable service

One of the biggest costs facing anyone operating an online business is customer acquisition. This is especially a problem in sectors such as online gambling, where churn rates can be high.

AIM-listed XLMedia (LSE: XLM) has built a very profitable business by generating leads and finding new customers for online brands. Revenue rose by 16% to $103.6m last year, while pre-tax profit rose by 28% to $31m, giving a pre-tax

[malcolmmm] 09/3/2017 15:56

a nice juicy acquisition will see these rerated to £6 imo and its on its way

[tsmith2] 09/3/2017 12:02

Let the trend be your friend

[scothernman] 09/3/2017 09:26

Had predicted it will cross 430 before march end and surprised it did so fast. Had bought 24K more shares at 401p on results day after selling on a good profit on Domino pizza. For the first time put all my investment in one basket PAYS 2 days ago. Looking at it today have won on both fronts. PAYS has been unfairly held back for too long. Hope the rubber band snaps and it moves to its true worth position. I Follow my market rules... buy when people sell companies with good fundamentals and sell when you have made a target profit.....not too greedy profit because you can always buy back on dips. Waiting to see if my other prediction of 470p before April end will come true. I have made good money with PAYS over last 2 years with 50% long and 50% short term trades. Good luck to all of us patient longs especially to wolf eh9 et al.

[mannymif] 09/3/2017 09:13

This price action should cause an upturn in the momentum factor on stockopedia for PAYS,thereby pushing the overall stock rank north of 90.

[sheep_herder] 09/3/2017 09:12

I would just like to take a moment to thank the shorters for allowing me entry into this share. Many thanks if you're reading. You have single-handedly doubled my SB bankroll.

[malcolmmm] 09/3/2017 09:09

No Director buys for some time now, share price rising , acquisition imminent?

[heliweli] 09/3/2017 08:57

WPG heading north.

[wolfhound1] 09/3/2017 08:48

oops - thanks nurdin - my typo thanks you also :)

[nurdin] 09/3/2017 08:44

Yes indeed..augurs well :o)