Paysafe Share Discussion Threads

[jubblies] 27/9/2017 09:30

Hmmm. Maybe I'm clutching at straws here but ..."subject to regulatory approval, ...", ". .expected to be Q4", etc... and didn't it hinge on sale of Asia business or something like? I think I'll keep holding until either they delist and I get my guaranteed 5.90, as that's when it's 100% sure?! Or is there still a slim chance that fat lady hasn't yet sung her last song? They're still trading at below the 5.90?, so if it's 100% sure it'll happen then why not buy more for guaranteed money? Confused.

[bluebottle1] 27/9/2017 09:25

So Pays shares will continue to trade until some time after the New Year and no later than 4th April. Can't read it any other way. Can another bid be made during this time?

[lomax99] 27/9/2017 09:22

Just called Capita, effective date not triggered, I suppose in theory they have up until 4 April next year to trigger it - in which case, pay us the £5.90 and a dividend equivalent to c. 6 months profits!

Maybe the ii's will now actually be of some use...

[polythene] 27/9/2017 09:19

What is the past experience of people on the 14 days? It is worth about £2,300 to me. Can we rely on the 14 days and not be waiting for months?

[scooper72] 27/9/2017 09:11

Thanks lomax. Sold @ 584.3

[lomax99] 27/9/2017 08:57

Not so sure about months, look at their table in my link:


Scheme Court Hearing

A date expected to be in the fourth quarter of 2017, subject to Regulatory and Anti-trust Approvals ("D")


Last day of dealings in and for the registration of transfers of Paysafe Shares

D+1


Suspension of dealings in Paysafe Shares

5.00 p.m. on D+1


Scheme Record Time

6.00 p.m. on D+1


Expected Effective Date of the Scheme

D+2


Cancellation of admission of and dealings in Paysafe Shares

8.00 a.m. on D+3


Latest date for despatch of cheques/settlement through CREST

Within 14 days of the Effective Date


Long Stop Date, being the latest date by which the Scheme must be implemented

4 April 2018(5)

---------------------------------------------------------------------------------------------------------------------------------

Surely if everything hinges off 'D' , then they cannot suspend the shares today, as that event is scheduled for D +1 !!

[scooper72] 27/9/2017 08:57

Got quoted 584.15p. Not too bad

[scooper72] 27/9/2017 08:54

I will lose about £200 selling what I have left now. But not sure it's worth waiting months to get hold of that £14k when it could be working somewhere else.

[libertine] 27/9/2017 08:48

Pay-out date is some time in the future

Scheme Court Hearing

A date expected to be in the fourth quarter of 2017, subject to Regulatory and Anti-trust Approvals ("D")


Last day of dealings in and for the registration of transfers of Paysafe Shares

D+1


Suspension of dealings in Paysafe Shares

5.00 p.m. on D+1

[lomax99] 27/9/2017 08:38

Ah, certainly hope not! On that basis are we entitled to a full distribution of profits as dividends from the date they cancel our shares (today)? (suspect not!).

[johnv] 27/9/2017 08:38

So could a possible new bid come in up until 9th october or is this finished.

[johnv] 27/9/2017 08:36

All those institutions buying in the last few weeks must be angry at their return.

[jim digriz] 27/9/2017 08:09

As frustrated as everyone else to have my investment handed back on a plate... It's been a fun ride. I was in Neteller for a while a long time ago and have been in again for a few years at an ave. 251.

This was tipped by Jim Slater, whose books got me into investing, in his last column in the Telegraph (3 October 2015). Anyone who had bought on the basis of that column (327p) would have made 80% in 2 years.

Thanks to those posting comments on other shares, some of which I've been looking through. I've no Slater-esque share to offer at the moment. Am mostly in HUR, CNE, MXCP and SGI, all of which are just "seem cheap now" or possibly recovery shares rather than growth stories. Best of luck with next investments all.

[bluebottle1] 27/9/2017 08:04

From HL - It is expected that the last day for trading Paysafe Group plc Shares will be the day after the Court Hearing. The Scheme is expected to become Effective the day after the Court Hearing with the resulting cash to be credited 14 days after the Effective date.

[scooper72] 27/9/2017 08:02

Thanks to all the big posters and researchers on this board. Has been v educational for someone like me who has only been investing for 2 and a 1/2 yrs. glad to have been in Pays at an average of 360p.

[stoph] 27/9/2017 07:43

If we dont sell when do we get paid? Not in any rush as overweight already in XLM and Taptica and need to do some serious research

[silverfern] 27/9/2017 07:13

Well today. I think this is the last trading day otherwise wait til 'Cisco's pay you

[polythene] 27/9/2017 02:11

How long have we got to sell before these are delisted? I am assuming everyone agrees there will be no new bid?

[malcolmmm] 27/9/2017 00:25

Stockopedia give XLM which operates in the same area as PAYS,a rating of 98 out of 100 and a health trend of 7 out of 10 so I am overweight.

[pshevlin] 27/9/2017 00:06

Scooper and Superadams. Thanks for the replies. Re shorting, no that's definitely not XLM (now my biggest play), was PAYS for a while which I think has cost us at least £2 and IQE at the moment which is being messed around with. Concerning TAP, I am not sure that the value hasn't gone out of it for the time being but I will look at how it's going. The only other share I'm in at present is IDP but not in a big way as it's pretty illiquid. It's fairly easy to find a lot of stocks that you can put a bit of cash in. The hard one is finding anything that you can feel safe being massively overweight in.

[matrix25] 26/9/2017 23:32

The Co's I am in and hoping to get in.
PTSG,VLE,CLIN,GVC,XLM,CVSG,NMC,PFG and TAP. AIMHO look good. DYOR and ATB.

[matrix25] 26/9/2017 22:32

From Callmebwana.
I am out of UK for 3 Months, so using another Moniker.
My thanks to all the helpful posters over the time I was invested in PAYS.

Wolf,EH9,Ralph,Lomax,Nurdin,Malcolm,Roger, and all the others that put out so much good informative posts.The one's that I have missed out my apologies.
It has been a very good ride with you guys. The best BB on ADVFN.
I shall miss this informative BB. Wolf was the Guru here.AIMHO.
THANK YOU ALL AND THE BEST OF LUCK IN THE FUTURE, with your investments.
I sold half of my PAYS at the Bid and bought into PFC, RED,ZOO and a few others.
My apologies to the one's I may have upset. Drink is to blame for that !!
One of my bad habits. :o/
GLA.
BWANA.

[critter] 26/9/2017 22:16

Excuse my ignorance but what is the situation regarding investing in the newly formed company will Bidco hold all the sharesor is there a likelihood of shares being available to PI's at any stage?