Paysafe Share Discussion Threads

[uncle andy] 21/7/2017 10:36

I already have a fairly large holding in SXX (been in for years).

I'll take a look at the others mentioned, thanks.

[edjge2] 21/7/2017 10:36

Oils may well be on the up AMFW could be a cheap way inton WG.
Companies like WPG, PAYS seem to be flavours of the month.
Appreciate any others like thse for a look see!

[johnhelme2704] 21/7/2017 10:25

dyor...but I have opened recent positions in Sirius (SXX) and Hurricane (HUR). I also have a large historic position in NMC

[aspex] 21/7/2017 10:24

uncle andy, you have a problem and so have I. Positions I have in OPTI and SXX are already getting up there.

[superadams] 21/7/2017 10:23

Uncle Andy, I plan to top up my holdings in CLIN, IDEA and XLM. As always DYOR.

[uncle andy] 21/7/2017 10:15

Where the hell am I'm going to reinvest should this go through?

Was banking on this for the next few years.

[falia] 21/7/2017 10:15

GUYS CHECK LEG OUT, SELLER GONE, 25% up today

[steptoes yard] 21/7/2017 10:10

That's why I asked my question Gerd

[pbutterworth1] 21/7/2017 10:09

Steptoes - Because he has problems elsewhere that need fixing ?

[gerdmuller] 21/7/2017 10:01

IIs are now run by people who can see no further than their end of year bonus.

The big question for them though is, if you do accept a quick short term gain where do you then put that capital in order to get the same sort of growth these were achieving.

[davidlloyd] 21/7/2017 10:00

Ridiculous price. We need a counter bid, then we might, just might, get somewhere near where this should be - which in my view should be well over a tenner a share....

Hey Ho.

DL

[dennislevine] 21/7/2017 09:58

TrentEndBoy might be right. Joel rolls some of his equity into private bidco, do some more M&A then relist in few years (without Asia Gateway dragging on value) and Joel makes another few turns on his equity.. or Joel just wants to monetise his stake now and ride off into the sunset

Company could have sold off Asia Gateway at any point in last couple of years - this was always seen as a major drag on the valuation. Does beg the question why is it only being sorted out at the point an offer is made

[pshevlin] 21/7/2017 09:55

A lot of trading activity seems to me to be trying to keep the share price under control so that the offer doesn't appear as ridiculous as it is.

[steptoes yard] 21/7/2017 09:53

But why would the IIs accept. There's no handsome payoff for them?

[trentendboy] 21/7/2017 09:51

Joel and the team will have been offered hansom payoffs and be allowed to continue to run the company privately IMO.

Then they can buy up others even more quickly.

Be a shame to be taken out with this price - clearly the statement hints that they are happy with 590 given the 34% premium spin on this.

[polythene] 21/7/2017 09:46

It is damning that we are paying a lot more for our latest acquisition than we seem to be accepting for the bid. Terrible outcome for PIs. I have a great profit but was banking on a lot more.

[jozo] 21/7/2017 09:42

Something not quite adding up with this offer imo - gut feeling!If the FSA had any clout they should be crawling all over this 1) any connections with bidders and blatant recent short manipulation?2) why has the company appeared to accepted such a low offer so easily?3) something very 'stitched up' and 'done deal' about all this!PI's bottom of the pole as usual!!jozo

[eh9] 21/7/2017 09:33

Feels we can get £7

[gerdmuller] 21/7/2017 09:28

If management and institutions are selling off dynamic and cash generative UK companies like this on 9 percent premiums then the future really is bleak. And you really need to question their motives.

[steptoes yard] 21/7/2017 09:26

Uncle Andy, thanks for that. I'm surprised. Why would he not take the view that the company can continue to grow independently?

[uncle andy] 21/7/2017 09:24

Steptoes... (from IG)

"Old Mutual Global Investors, Paysafe's largest shareholder (owns 10.3 pct), signs a non-binding letter of support for the possible offer"

[ralphmalph] 21/7/2017 09:23

NMC - little gem, healthcare in the desert countries.

[oohrogerpalmer] 21/7/2017 09:17

Will have a lot of cash to invest after this t/o.
Ideas on any decent companies anybody???

[steptoes yard] 21/7/2017 09:17

I don't see the other institutionals going for this. For instance Robert Watts at Old Mutual, an accomplished fund manager would laugh at this offer