Payzone Share Discussion Threads

[fatcol] 03/4/2009 11:41

Cazzad - agree with you 100%!

I to am a private investor with a shed load of shares, bought whilst Mark Mills was at the helm at Cardpoint. As a shareholder, I like others on this thread, quite rightly feel somewhat disgruntled when the incoming team wipes out 99% of my investment in this particular stock.

TheReaperU - I would forget your notion that this thread is full ex-employees with an axe to grind - it's full of very unhappy shareholders, whos investments have been destroyed through a catalogue of mis-management, bad decisions, very public spats and a COMPLETE lack of communication from the Board to its shareholders and the market. How you can even contemplate defending them is beyond me, but, if you are on the inside, perhaps you could suggesst to them that they keep us shareholders in the loop, rather than in the dark.

[burgerking2008] 01/4/2009 23:29

Your right Cazzad..... From £1.00 to a Penny, 99% wiped off value. Not good.

[cazzad] 01/4/2009 13:15

Yes TheReaperU. But when a company which was floating on the stockmarket quite well in it's own right, is taken over by another who isn't and then the share price just plummits the way they have, Doesn't say much for that company does it!!!!

[thereaperu] 30/3/2009 17:49

Sorry, but there is no point in giving you guys further fodder to misconstrued. Like you, I'm concerned about my shares, but unlike you, I realise that Payzone PLC consists of more than just a legacy ATM business. The company you are all so intent on de-valuing through gossip and slander (though most slander has been removed through the good taste of the mediators) has around 700 employees, most of whom work in the TERMINAL part of the business across several countries.
I bet you're not interested in anything that's going on thin the rest of the company though!
So you will have to excuse me if I don't take any further part in this one sided spleen venting exercise but I would rather talk about the future of Payzone PLC rather than the past of Cardpoint.

[burgerking2008] 30/3/2009 14:22

Still no word from the Grim Reeper I see... Us share holders would still like to know what is going on there and it appears your comments suggest you may know some news, please share.

[danny678] 27/3/2009 23:01

Chairman reduces share price from 100p to 1p - then increases his wages from 20 000 to 120 000 - nice one. check SCT for another one he's busy doing the same to. All IMHO

[burgerking2008] 27/3/2009 14:27

well said cazzad, all to easy!

[burgerking2008] 27/3/2009 00:53

Yes interesting, "thanks Bad lad" nice to see some back up...(forgot what that was to be honest!!)
As for been shown up??? what was that meant to mean?? - i take it Grim Reeker ur bitter about still "been" an employee!!

[badlad21] 26/3/2009 21:41

Interesting - action here!

Obviously Burgerking and the ReaperU are known to each other or have clashed in the past.....

As a serious shareholder, I find the input from this forum to be a good insight to what is happening at this company. Can I make a suggestion - TheReaperU should maybe consider changing their ADVFN nickname to the Grim Reaper if they are in any way responsible for a company with a share price of £1 eighteen months ago and for the last six months it seems to have found a new ceiling at 1p.

All shareholders want is some good news rather than contract losses, customers suing the business and unhappy staff (current or ex ones)

[burgerking2008] 26/3/2009 18:14

Id Say, its conducted by rather angry share holders to be honest.

[thereaperu] 26/3/2009 12:52

Rather sad to see that this 'forum' is nothing more than a witch hunt conducted by bitter ex-employees with clearly nothing better to do. Incorrect information and scaremongering! Can I make a suggestion? Please get over it and move on! Must be more to life!
Burgerking2008 – you have commented that 'ATMs been pulled out quicker than Lewis Hamilton', if that's true, no wonder the sales team had to leave! Bad deals come home to roost and the sales team must have been worried about being shown up!

[danny678] 24/3/2009 19:25

Can their be any less customer service? Is this why the clients are leaving ? Or is it because they're not being paid comission on time? Only 2 Account managers left I hear. Oh well I'm sure there's good reason..... Will the Directors start buying at this price to show they are confident?

[badlad21] 24/3/2009 17:52

Is this the end of the internal Payzone Helpdesk? Another cost cutting exercise, but less customer service - anyone know?

[littlereec] 24/3/2009 07:56

Droll, very droll

[littlereec] 20/3/2009 19:11

possibly a competition issue for the terminals side of the business I would have thought

[burgerking2008] 19/3/2009 16:33

Danny678 - area sales team have gone or "going" - what left will be the account managers, so I believe. That said accounts seem to be dropping like flys to, welcome break etc etc, did wonder when MOTO and Road Chef will follow....

[danny678] 19/3/2009 14:20

Word is the last of the sales team left las week.

[danny678] 19/3/2009 14:19

Buying the business at this share price for £5 million is ok but theres the £250 million overdraft that will not go away. Has Nagle got the money and will there be anythibg left to salvage if he has?