Paysafe Share Discussion Threads

[eh9] 25/5/2016 09:47

There is nothing of note in agm itself. I redid the 17x ebitda valuation and get to 660p as had subtracted net debt in dollars rather than £. 660p is current fair value. I view this ts as setting up for a big game changing deal/merger in H2.

[stockbob] 25/5/2016 09:42

anyone know when ASGM time is

[stockbob] 25/5/2016 09:26

Jarega85 i understand but i felt i had too large a holding in this only as a result of averaging down.
got a descent profit for half and now happy to hold the rest and see what happens,
i know results are due in august still a long time to go till then.
and we have seen time and time again PAYS fall and rise fall and rise so may get further opportunity to buy back in at lower price,if not the present holding will rise further
.GLA

[jarega85] 25/5/2016 09:09

That £2bn market cap was difficult to break through last time (418p equivalent) and it's certainly trying to break through again!!Hopefully the AGM will go well with the Q&A and further drive us up - don't see why this can't test new highs given the positivity on the FTSE

[eh9] 25/5/2016 09:08

On 17x ebitda less net debt this should be 632p. Which is sector multiple

[melf] 25/5/2016 08:59

Apologies as slightly OT........I checked yesterday and saw that on Betfair's exchange "Leave" was 5.0 which is absolutely massive in a 2 horse race. Seems to me that we are nailed on to remain which won't do the share price any harm.

[melf] 25/5/2016 08:40

Plus the Euro 2016 this summer which with more countries taking part than ever before, will be a massive gambling event.

[qs99] 25/5/2016 08:20

Agreed. Re rating should be due now Imo and I reckon on upgraded broker numbers...dyor lets see but am holding for way over a fiver thanks!

[jarega85] 25/5/2016 08:18

Premature Stockbob in my eyes, I expect this to continue to climb the rest of the day and week!

[stockbob] 25/5/2016 08:13

well all the worrying and waiting paid off in the end!
sold half my holding as they say profit is profit

[eh9] 25/5/2016 08:10

2017 forecasts will be delivered in 2016 as I said last year!

[trentendboy] 25/5/2016 08:09

Yes, more like it. The recent run up hinted at a good statement.My long on the spread bet was just a month too soon.This could keep going up to 5 as people have stated

[its the oxman] 25/5/2016 08:08

Yep 450p and beyond , here we come.

[lomax99] 25/5/2016 08:06

That's more like it, they should really be re-testing recent highs.

[lomax99] 25/5/2016 07:54

Brexit anxiety is not helping. Given their margins I would have expected slightly more of an uplift in EBITDA given the guided increased range for FY revenue, they are probably just being conservative.

The only slight negative is that some analysts had suggested a much higher figure for combined OPAY/Skrill synergies. However the good news is that the timeline is on-track to deliver their own revised guidance for these synergies.

[essential] 25/5/2016 07:36

Great update - makes up for the judges RNSs today!!!

[qs99] 25/5/2016 07:17

why this is not hitting broker target prices I'll never know....DYOR etc, but when comparators are on near double the rating etc, then IMO this should be north of a fiver...as I say DYOR, but hopefully market reaction will be a strong one...

[eh9] 25/5/2016 07:13

Its effectively going to deliver 2017 forecasts in 2016 conservative paysafe fd forecasts may mean it exceeds 2017 in 2016!!! Plus California approval next month...........

[admin900] 25/5/2016 07:12

420 possible

[jarega85] 25/5/2016 07:08

Paysafe Group plc Annual General Meeting - Trading UpdateFY 2016 revenue and adjusted EBITDA ahead of market expectations Paysafe Group plc (LSE: PAYS, "Paysafe" or the "Group"), a leading global provider of online payment solutions, issues the following trading update covering the four months to 30 April 2016, ahead of the Annual General Meeting at 11.30am today in the Isle of Man.Key Highlights- Further to the update on trading given at the Group's results in March, the positive momentum from FY 2015 has continued throughout the period to date. Strong growth in Payment Processing and Digital Wallets is contributing to a particularly favourable performance year to date. - Full year revenue is now expected to be in the range of $950m – $970m, ahead of market consensus of $911m(1).- The integration of Skrill remains on track to be substantially completed during Q3 2016. The final update on the integration project will be given with the H1 2016 results. Anticipated FY 2016 synergy savings are expected to be in line with those previously announced.- Paysafe continues to invest in its compliance and risk management functions, along with the geographic expansion of the Group's paysafecard business.- Paysafe expects full year adjusted EBITDA(2) to be in the range of $270m – $276m, compared to market consensus of $260m(1).Paysafe President and Chief Executive Officer Joel Leonoff said: "I am delighted to report such a strong performance for the Group in the first four months of the year. As a result of the positive momentum across our business, we expect to deliver full year revenue and adjusted EBITDA ahead of market expectations. We look forward to providing a further update when we announce our half year results."Paysafe expects to publish its results for the half year to 30 June 2016 on Wednesday 10 August 2016 at 7.00am BST followed by a call for analysts and investors at 2.00pm BST.

[pshevlin] 25/5/2016 07:07

- Further to the update on trading given at the Group's results in March, the positive momentum from FY 2015 has continued throughout the period to date. Strong growth in Payment Processing and Digital Wallets is contributing to a particularly favourable performance year to date.

- Full year revenue is now expected to be in the range of $950m - $970m, ahead of market consensus of $911m(

[bally101] 24/5/2016 22:40

Looking forward to good news tomorrow too, come on Paysafe up up and away.