Paysafe Share Discussion Threads

[trentendboy] 17/4/2017 14:28

China Ant bidding more for moneygram. Consolidation in the e money sector.Pays likely to be involved.Is Pays the buyer or the seller? Needs to buy soon to stop being bought

[wolfhound1] 16/4/2017 02:12

Next week or two may prove v interesting................... time will tell......

[trentendboy] 15/4/2017 23:11

Lucky I held all the way through the falls and the rises

[nurdin] 15/4/2017 22:10

Rofl! Londonistan...very good lol

[eh9] 15/4/2017 18:59

Share price growth: 1,062pcMarket cap: £2.2bnOnline payment company Paysafe has grown its revenue by 600pc since 2011, a large proportion of which comes from handling gambling transactions for betting companies such as Ladbrokes and William Hill.In 2016 it joined the FTSE 250 index of the 250 biggest UK companies outside the FTSE 100 and posted a huge increase in profits.The company hit a stumbling block in late 2016, losing £500m of its value owing to a report suggesting it had ties to illegal gambling activities.This was issued by an investment company that bets against firms. Such companies often use aggressive tactics to push a target company's share price down. Paysafe has since rebounded strongly, and recovered the losses.

[ralphmalph] 15/4/2017 18:51

Sun Telegraph have an article on what shares have outperformed Amazon since 2011. Amazon has added 380%.

PAYS is third on the list at 1062%.

Oi, Bezos put that in your pipe and smoke it.

[eh9] 15/4/2017 16:42

What date and what exact words ?

[mannymif] 15/4/2017 15:07

Momentum investor

[lomax99] 15/4/2017 13:37

Ongoing speculation, MI suggests PAYS is 'poised to make a large acquisition'.

[wolfhound1] 12/4/2017 15:48

discernable tree shake pattern emerging - little dips in the morning , followed by recover as MM hoover up to fill an order......... watch this space

the RSI I see is around 50 - market neutral - fundamentals indicate we are as cheap as chips and certainly 50%+ discount to peers which is increasingly unsupportable in light of stated M&A ambitions of management

sit tight and patience will be rewarded IMHO

Post Script - bang on queue to finish in the blue !!

[stuart37] 12/4/2017 13:19

This needs to come back to at least £4.50 before the next leg up - was v overbought at 4.70 thus needs to consolidate and trade down a little before any further upward movement. Technical indicators don't lie!

[the juggler] 12/4/2017 10:08

470 is just a resistance point and I guess that there will be thin trading now with the Easter Holidays almost upon us.

[libertine] 11/4/2017 15:40

Polythene

For EF to have the voting rights then they would have to have ownership of the shares, and that was not the case.
The whole point of taking the loan and not transferring ownership of the shares was to retain the voting rights and the hence the rise in value of the shares over the 3 year period.
If JL was to lose the capital appreciation of the shares by transferring the ownership then there was no point in taking the loan, he could have just sold them and used the money.
`The return of the full ownership rights of shares` refers to the fact that there was a charge registered over the shares as security and therefore until this was released JL had no control over them.

[polythene] 11/4/2017 13:38

I agree Lomax but he was retrospectively vilified when the Quindell situation emerged.

[lomax99] 11/4/2017 13:29

That may well have been true for the likes of Quindell's Director(s), however I doubt JL ever had any intention of not re-instating his full rights to them.

[polythene] 11/4/2017 12:56

Libertine, Not quite right I think. It was seen ethically as a sly way of selling shares. If I am correct Equity First Holdings had the voting rights for the shares and/or could lend them out for shorting. Thus the RNS says 'full ownership rights of the 1,500,000 ordinary shares of 0.01 pence each in the Company ("Ordinary Shares") .... will be returned to Mr Leonoff.

[trentendboy] 11/4/2017 10:20

Things may well hot up after the end of April by the looks of it.

I simply cannot justify cutting my holding here despite being overweight. Can to run the winnders.

[libertine] 11/4/2017 09:00

And because JL has always retained ownership of the shares any dates involved in the repayment of the loan are totally irrelevant with regard to M&A.

[wolfhound1] 11/4/2017 08:51

@libertine - exactly - the shares are held as collateral by EFH and therefore the certificates need to be returned as stated in the RNS at which point JL will once again have 100% unencumbered ownership


"The repayment will take place on 19 April 2017 and within five business days of that date, full ownership rights of the 1,500,000 ordinary shares of 0.01 pence each in the Company ("Ordinary Shares") previously held as collateral by Equities First Holdings, LLC during the 3-year fixed duration of the Agreement will be returned to Mr Leonoff. The Agreement will also then terminate."

[vantare7] 11/4/2017 08:47

Barclays have a note on PAYS for overweight at 610 this morning