Paysafe Share Discussion Threads

[zcaprd7] 22/7/2017 11:19

The cheekiest aspect is they are using our money, the money we gave them for skrill, plus a bit of debt!

[eh9] 22/7/2017 10:44

Paysafe bod will be leveraging Barclays and other analyst upgrades to ensure 590p has insufficient votes. Expect guns blazing results presentation possibly brought-forward but well within the 18 August deadline. 750p would do it for me. An offer below analyst targets (once they are upgraded for the acquisition eps accretion) is unacceptable.

[malcolmmm] 22/7/2017 10:41

Lets see what happens. I suspect a lot of private investors and client investors such as Barclays will be advised to hang on for at least £7. There must be quite a few trust funds/Institutions who will be reluctant to sell on the cheap.

[trentendboy] 22/7/2017 10:32

Wise words but clearly small investors like ourselves who have taken this risk are going to have this golden goose slaughtered in front of us.

[eh9] 22/7/2017 10:28

EH9 - 21 Jul 2017 - 20:58 - 8929 of 8941 - 0Barclays spot on as I predicted:Paysafe rose 6.8 per cent to 579p after Blackstone and CVC bid 590p per share for the payments processor, on the precondition that it completes the sale of its Asian Gateway business.Paysafe also announced a $470m cash acquisition of Merchants’ Choice, a US in-store payment vendor.“Investors have been waiting for the divestment of the Asian Gateway and details on M&A â€" the details released today suggest that management has delivered on this but that private equity is now trying to get all the upside,â€? said Barclays, which raised its target to 700p, based on the US acquisition boosting 2018 earnings by 11 per cent.A successful sale of the Asian Gateway business would lift the potential upside to 850p, Barclays added.

[lomax99] 22/7/2017 09:35

BR & CVC looking for a profit of 2.5 times within a 5 yr period!

[longwell] 22/7/2017 09:25

lets wait to see if official offer made and if the board recommend. If I was them at present I would use rest of 100m to buy own shares to use to avoid hostile takeover and sell Asia gateway to improve share price, meanwhile gather support to stand alone until 8.00 or more achieved to realise fair value.
Looks like we are getting thrown under the bus though and I am not happy.

[zcaprd7] 22/7/2017 02:04

I'd have to have a trawl through this thread, but I believe there was a tin-hatted discussion about using a bear raid as a precursor to a takeover attempt... I'm starting to wonder!

[paul baker] 22/7/2017 00:35

Now we are at the high 500's, what's next I wonder...

[malcolmmm] 22/7/2017 00:34

Previous Experience

Paysafe said it had been approached in early May, when its shares were trading at about 450 pence, banking sources said.

Shares in Paysafe were up 7.4 percent to 582.5 pence a share at 0955 GMT, leading the gainers in Britain's mid-cap index but slightly below the 590 pence per share proposed offer price.

If successful, the private equity bid would mark a return to the payments sector for CVC. It previously owned Skrill, a payments company which was bought by Optimal Payments, the AIM-listed forerunner to Paysafe.

"CVC knows the space extremely well," said a banking source, adding Paysafe had a "very positive" outlook with some strong growth fundamentals given the drive to go cashless.

[wolfhound1] 22/7/2017 00:31

Asian gateway... I think you are onto something there EH9

... might the orchestration be coming from Asia ( i.e. ANTS) to force PAYS to part with it on the cheap ahead of China regulating OLG - without this approach there is no way JL would part with Asian gateway as it opens up PAYS global niche in OLG to future competition from Asia - so why sell it on the cheap and then have a headache down the line with a competitor in Asia with Global ambitions.


I wonder will they disclose who the buyer is and at what price for Asia gateway - surely we as shareholders need that information inorder to assess what the true value of the offer from Consortium amounts to - if we are giving them DD access it is surely reciprocal ?

[eh9] 21/7/2017 22:31

It may well be old mutual orchestrated this to bring to a fore the nonsense re the Asian gateway. Paysafe's cfo is very smart re how to play things

[the juggler] 21/7/2017 22:27

590p a derisory offer. It would have been nice to have the opportunity of seeing where this went on the acquisition alone today. Typical we wait for news and boom 2 huge happenings the same day.

[eh9] 21/7/2017 21:58

Juggler this is all about the next two months imo. This is in play. The bidders are targeting making a lot more than 850 if you read the newswires. Why should shareholders give these gains to private equity.

[the juggler] 21/7/2017 21:47

Personally I would be most happy to hold and wait a couple of years to see £8.50+ This has been a fantastic investment and goodness knows how I could find anything else to replicate such a stellar performance. I will be very unhappy to have to part with my holding at 590p a share.

[eh9] 21/7/2017 20:58

Barclays spot on as I predicted:


Paysafe rose 6.8 per cent to 579p after Blackstone and CVC bid 590p per share for the payments processor, on the precondition that it completes the sale of its Asian Gateway business.

Paysafe also announced a $470m cash acquisition of Merchants’ Choice, a US in-store payment vendor.

“Investors have been waiting for the divestment of the Asian Gateway and details on M&A — the details released today suggest that management has delivered on this but that private equity is now trying to get all the upside,” said Barclays, which raised its target to 700p, based on the US acquisition boosting 2018 earnings by 11 per cent.

A successful sale of the Asian Gateway business would lift the potential upside to 850p, Barclays added.

[nfs] 21/7/2017 20:54

They obviously looked at the share price movements and found the most advantageous period to show the best uplift they couldHolding tight for no deal because any counter offer would be only slightly above the derisory 590p I fearI would hope the board decide to sell the Asia gateway piece themselves, thus boosting the rating and share price and reducing riskIt's what targets who don't want to be taken over do

[malcolmmm] 21/7/2017 20:25

850p great, sounds like Barclays wont be advising clients to sell anytime soon

[malcolmmm] 21/7/2017 20:11

I agree ,this company imo has been cleverly manipulated with the help of short attacks to keep the bid price down. I am holding on tight

[bluebottle1] 21/7/2017 20:09

Thanks eh9!

[lomax99] 21/7/2017 20:07

Top spot EH, that'll do for starters.....

[eh9] 21/7/2017 19:51

850p target from Barclays on ft just now!!!!