Paysafe Share Discussion Threads

[ralphmalph] 02/8/2017 15:46

I thought Corbynistas were ideologically against share owning people. Free money from the sweat and toil of the workers.

[nurdin] 02/8/2017 15:44

Explain please

[longwell] 02/8/2017 15:39

Looks like chairman has sold the loyal pi out.
If its true its disgraceful that yet again the rich get richer and the hard working common people get ripped off.
Disgraceful, the board are nothing but corrupt individuals without morals

[lomax99] 02/8/2017 10:45

Useful dip, added!

[eh9] 02/8/2017 10:34

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.

[lomax99] 02/8/2017 10:19

Oh wait, perhaps I should buy some more.......

[lomax99] 02/8/2017 10:18

And if the company is taken over at Barclay's £8.50, well done, you will be up c. 44% having only risked a potential slight retrenchment if the deal falls through......

[phoenixchi] 02/8/2017 10:15

Well done for the 2% because a gain is a gain, but if the company is taken over under the current potential bid you will left with cash and no shares.

[bdog51] 01/8/2017 20:26

My gains here are somewhat more modest at only 2%!, but my PAYS holding is in my SIPP and will be left to grow for a long time, hopefully. I'm reckoning on plenty more upside although clearly I'm new here..

[silverfern] 01/8/2017 18:56

no, i;ve done it three times since the news

[george4064] 01/8/2017 18:49

I'm already overweight in Paysafe with 177% gain atm, but am I mad considering investing more into Paysafe?!!

[high park] 01/8/2017 17:50

As mentioned before, we would have got here anyway before long.

MACD is either predicting something interesting, or a consolidation phase.


free stock charts from uk.advfn.com

[gerdmuller] 01/8/2017 16:37

Nordic Capital bought Bambora for €244 million about two and a half years ago and now they are selling for €1.5 billion. IRR of over 90. That's what would happen to these if people are stupid enough.

[mip55] 01/8/2017 15:37

Never say never but I believe we're unlikely to see a bid materialising below or at 590 and even if the consortium walked away there's sufficient potential in the company to prevent a drop in price.

[redlee] 01/8/2017 15:28

Thanks mip55 for the explanation. As I see it then the risk is fairly low as any additional bid would be above the current 590p and if they pull out of the bid the price should increase due to the US acquisition and the sector being in play? It's just the risk of it being sold for 590p which is a concern because of a potential deal with JL/PE.

[mip55] 01/8/2017 15:12

Redlee....it's clear that the indicative offer clearly hasn't been sufficient to stop investors pushing the PAYS price above 590p. That means the consortium is going to have to redo their sums and decide whether or not to submit a formal bid in excess of this figure. Because there is so much activity in the sector I'd frankly be surprised if they didn't and THATS when it's going to get interesting as counter bidders emerge. Unlikely that we'll see a huge amount of movement before the trading update and it's that update that is likely to be the catalyst for some serious number crunching. The consortium have just ten days following the update to table a formal bid or walk away.Previous Takeovers I've experience of ....some never got as far as a bid ( unlikely in this case I think given the hot nature of the sector); some resulted in a bidding war involving cash or paper in the bidders shares and some end up in some form of merger.

[nurdin] 01/8/2017 14:27

Steady on :o)

[wolfhound1] 01/8/2017 14:18

There is nothing that I have seen in the Barclay's wording that covers a bid situation - the 700p and 850p referred to are on a basis of a normal trading activity fair value basis - every bid comes with a premium on top to normal fair value - and for that we need to be looking at PE - Worldpay is being acquired at a PE 30

So assuming Asian Gateway is sold - then the "poison pill" to bids is removed then an offer for PAYS needs to be made on a PE of 25-30 - as previously noted I believe that puts PAYS firmly in the 1000p - 1200p range

GLA

[lomax99] 01/8/2017 14:02

£7 to include the new acquisition, up to £8.50 on disposal of Asian gateway - as per Barclays note?

[eh9] 01/8/2017 13:54

That's correct so for 590 read 655 for today's paysafe. (The bidder would not have been allowed to do due diligence on the new acquisition which is not taken account in 590). The share should by 655 prior to h1 next week

[filmster] 01/8/2017 13:44

Thats what i was thinking eh9. I know they agreed to release offer and acquisition at same time but their offer has not taken into account the new acquisition. Correct?

[redlee] 01/8/2017 13:41

I'm wondering if any of you have been in situations like this before with any previous shares. What happens 'usually' when the price is trading above the acquiring price in a bid situation?

[eh9] 01/8/2017 12:55

You have to imagine that 590 was pre acquisition so that takes us to 655 for starters

[nurdin] 01/8/2017 12:53

Hope the Paysafe Board have read the note !

[eh9] 01/8/2017 12:47

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.