Planet Payment Share Discussion Threads

[apsis2] 06/8/2009 08:53

Up 12% this morning after today's encouraging results been a long time coming!

[apsis2] 06/8/2009 08:53

Up 12% this morning after today's encouraging results

[apsis2] 05/8/2009 20:25

Last results and forecasts were very good. Last week secured increased financing from Camden through share issue at current market price of 40p. Looks set for good results tomorrow let's hope it takes this nearer broker's target of 135.

[apsis2] 02/8/2009 15:45

Interim results out on Thursday 6th August.

[emuphil] 07/7/2009 11:31

Often the best time to buy when the share is doing nothing and has been forgotten about. If next results show they are on track to break even or a small profit for the year I think we'll see a move as a lot of risk is then taken away.

[apsis2] 23/6/2009 23:53

Very quiet share - still at 40p - broker target's 135p - will it ever move?

[woracle] 22/5/2009 22:45

Interesting and has potential. In this climate and with dot domb experience the average investor won't buy until they are cash positive, profitable and stop returning for funding and dilution every few months. One big concern I don't like is that DCC is a consumer rip off and as more and more travellers become aware of what it is, they will not choose it. Eventually VISA/Mastercard may feel they are allienating consumers and will outlaw it. I think its a con they don't educate consumers in what it means to their pockets ! This was a big risk outlined in the IPO prospectus but credit to them they have started diversifying into other payments functions. Shall stay on the sidelines for now. 2011 forecast PE of 4.2 still too risky as lots can go wrong before they get there and there are plenty of more liquid, profitable, dividend payment businesses around at the mo.

[touchingskies] 20/5/2009 11:46

Difficult to get....but how many companies in a recession can increasing revenue and contracts?...Definite multi bagger in due course

[aim_trader] 15/5/2009 13:06

"Planet Payment first quarter results in line, Canaccord Adams and Daniel Stewart see upside potential"

[whites123] 15/4/2009 07:13

Directors Buying.

Good on them.....

Absolutely superb, and I hope all their efforts pay rewards.
Now, i know some will say the share purchases are small, and in fact I own more than recent purchases, but the background is that last year the Directors also took rather hefty pay cuts to ensure the control of expenditure.

Good on them, and IMO one of the most overlooked stocks on the market at present.

RNS Number : 5622Q
Planet Payment Inc.
15 April 2009



Date: 15 April 2009

On behalf of: Planet Payment, Inc. ('the Company' or 'Planet Payment')

Embargoed until: 0700 hrs




Planet Payment Inc.

Directors/PDMRs Share Purchases







Planet Payment [UK: LSE:AIM: PPT and PPTR; USA: OTCQX: PLPM], a leading international multi-currency payment and data processor, today received notifications of the following share purchases by Persons Discharging Managerial Responsibilities.







PDMR
No. of Shares
Price per Share
Total No Shares held




Philip Beck



20,700
$0.73
1,705,128

Graham Arad



7,000
$0.74
1,248,206

Seth Asofsky



14,650
$0.75
14,650

[whites123] 12/4/2009 13:13

Interview with Philip Beck, CEO of Planet Payment Inc


03 April 2009

Unlike a number of his AIM compatriots, Philip Beck was looking forward to this week's release of his company's final results. For the chairman and chief executive of international payments specialist Planet Payment Inc, it was the chance to boast another year of triple-digit growth.

Since starting the company back in 1999 and taking it to London's junior market in March 2006, Beck and his team have been working on a software infrastructure that lets retailers all over the world accept multi-currency credit card payments.

Planet Payment's technology means that anyone from restaurant owners in China to taxi drivers in London can accept payments from international travellers without a second thought. According to Beck, it's an answer to a problem that emerged with the explosion of the internet during the mid-1990s and it's now finding growing favour among banks and their merchant customers, particularly in Asia and North America.

While Planet Payment has enjoyed the support of a number of institutional investors during its life as a public company, it has nevertheless been frustrated in getting its story out to a wider audience.

Last month it became one of just four companies to pilot the London Stock Exchange's latest answer to bridging the confidence gap between investors and small cap companies – PSQ Analytics.

Using a handful of independent research houses, the LSE has put together a cut-price equity research service that is mainly designed to help smaller quoted companies attract the interest of potential investors.

The thinking behind the scheme is to give small caps a leg-up in the exposure stakes, and while they won't be getting any price targets or "buy" recommendations, they will receive some decent quality analysis. From what he has seen so far, Beck reckons PSQ Analytics is a good move by the LSE.

Surely your life on AIM can't have been all plain sailing?

Revenues were up to $5.5m in the first year we were on AIM, then $18m the second year and now $36.2m. So we have doubled the business every single year and we're on track to continue to grow at that rate, notwithstanding everything that has happened in the wider economy.

But people don't really know about us and probably don't really understand what we do. Yet we are a company that is now profitable with decent revenue growth – but our share price is a third of what it was when we joined AIM.

What was the thinking behind the AIM move in the first place?

Back in 2006, if you had revenues of $1m there was no way you could do a listing in the US. Even today, the US markets are very difficult places for small cap or micro cap stocks. So I think AIM has played and continues to play a very important role in facilitating the ability for smaller growth companies to get access to capital. It has been very good to us.

From the perspective of being able to work within the structure, to be attractive to European funds and US funds, we have been able to raise money when we have needed it. The best evidence of that is that even in this absolutely terrible economic climate we announced a small equity raise in March. Clearly, if it wasn't for our AIM listing I think we would have had a harder time.

How important do you think independent company research is?

We have first-hand experience that it is difficult for a company that doesn't have a lot of trading volume to attract research. We think we have a wonderful business model and a great track record and we've certainly had our trials getting good equity research written on us. We're fortunate to have Canaccord Adams as our Nomad and they cover us, and we have had some other coverage, but it's not easy to get.

I think the London Stock Exchange is absolutely right in sponsoring a portal that allows companies to get very good quality coverage from three very good quality research companies. It must be a step in the right direction. I really applaud them for it and we're hopeful it will help Planet Payment sell our story to a larger audience so more people can understand what we do and the success that we are having.

Prior to this, would you have ever paid for research yourself? And having seen what you have seen, would you pay for it in the future?

I think at the right price with the right quality of respected research the answer would be yes. We have not paid for research in the past – we've thought about it and we've been approached about it but for various reasons it was something that was not right for us at the time.

I think the fact that the London Stock Exchange has put together a programme to support companies is a great idea and I think that we would be prepared to support it going forward.

I think that it has got to be a problem for investors to not have good quality research coverage on companies. I mean, how are they going to find out about them and how are they going to feel comfortable that these are they types of companies they should be investing in?

Do you think the estimated price of around £10,000 per year is a fair one?

For a company that reports quarterly with trading updates and other news – that has got to represent at least four if not more updates to coverage – I think it sounds very reasonable.

Were you happy with what the researchers produced?

Yes, I think they did a very good job. My understanding is they use a common template and it has certainly got a lot of information in that template. Probably more so than you would find in an initiation piece.

[woracle] 31/3/2009 09:29

Not really..massively loss making, still eating cash, needs constant financing and still jam tomorrow. I remember the Dot com days... and so do many others.

[whites123] 31/3/2009 09:25

Phenominal results..... yet not a single trade... is it that PI's are potless or are they all chasing banking stocks.

[whites123] 12/3/2009 07:11

No shortage of takers in recent placing..
At 32p in current climate not a bad strike price.
'Notwithstanding current economic conditions, we are executing our plan to achieve near term positive cash flow and profitability. This placement provides the Company with additional working capital, which employed under our current operating plan, ensures a strong foundation from which we can drive additional growth.'

RNS Number : 7276O
Planet Payment Inc.
12 March 2009






Date: 12 March 2009

On behalf of: Planet Payment, Inc. ('the Company' or 'Planet Payment')

Embargoed Until: 0700 hours




Planet Payment, Inc.

$3 Million Private Placing







Planet Payment, Inc. (UK: LSE:AIM: PPT and PPTR; USA: OTCQX: PLPM), a leading international multi-currency payment and data processor, is pleased to announce that it has raised £2.13 million (approximately US$3 million) (before expenses) via a placing of 6,659,000 new common shares ('Common Shares') at a price of 32 pence per share (approximately US$0.45 per share) (the 'Placing'). The Common Shares were issued to institutional and other investors in Europe, the UK and the US. Canaccord Adams Limited acted as broker in connection with the Placing.




The net proceeds of the Placing will provide additional working capital to support the growth of the Company's business.




Commenting on the Placing, Philip Beck, Planet Payment's Chief Executive Officer, said:

'Notwithstanding current economic conditions, we are executing our plan to achieve near term positive cash flow and profitability. This placement provides the Company with additional working capital, which employed under our current operating plan, ensures a strong foundation from which we can drive additional growth.'




The Company has applied for the Common Shares to be admitted to trading on AIM under the ticker symbol 'PPTR' (the Reg S line), with trading expected to commence on 16 March 2009.




The Common Shares have not and will not be registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act'), and may not offered or sold, directly or indirectly, within the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Common Shares were offered in the United States and elsewhere to a limited number of 'accredited investors' as defined in, and in reliance on, Regulation D, under the Securities Act.

Following the admission of these shares the Company will have a total of 33,888,797 issued and outstanding common shares of which 20,308,979 common shares will be trading on AIM under the ticker PPT (the unrestricted line) and 13,579,818 common shares will be trading on AIM under the ticker PPTR (the Reg S line). All unrestricted shares are tradable on the OTCQX in the United States under the ticker PLPM.

[whites123] 12/2/2009 07:17

Cheers mjrocket,

Quick and painless to sign up and nice to see coverage for PPT.

[mjcrockett] 08/2/2009 21:50

There is an article in Aimzine this month about Planet Payment. Register free at

MJ

[whites123] 13/1/2009 06:59

Very very surprised to see that PI's haven't picked up on this company.

Not going to say to much as stock picking should be about doing lots of research, suffice to say the figures being produced are phenominal, and the growth is equally pleasing.

[whites123] 09/1/2009 10:09

Massive growth, massive figures, 2009 for profitability.
A must have growth stock for 2009 IMO.

[ianwc] 21/7/2008 11:50

Planet Payment is a international payment and data processor which provides international banks and merchants solutions for payment transactions in any currenty at any time.

[collection agency] 28/11/2005 18:37

lots of warnings there, overbought and crossed 5ma and either looking at 13 or on it, break of 13ma would be a signal for me.

tsco interesting, below 200ma and pointing down
barc looks ready to disappoint (maybe margins squeezed, bad debt prov higher?)
vod needs to break up now or its in trouble, sayz oversold so...
sbry worth watching at 200ma too
lse interesting too... in a sell signal.

others worth watching, see which way they go.

(ma's for me act like supp/resis)

[tpaulbeaumont] 28/11/2005 18:30

im thinking i like BARC, but theyve results tomorrow, and the oils n miners trade quite similarly to FTSE too, so they could be good schwartz?

[leeshindig] 28/11/2005 18:29

lots of little coloured worms

arr larvely

[pherring] 04/11/2003 22:35

I've posted this a few times on the USA thread: (nearly a year old)




Maybe this will help.

>>The staff of the New York Fed's Trading Desk continuously
monitors global financial conditions and the state of banking
reserves each day. After extensive deliberation beginning early
each morning and a conference call with all of the regional feds,
it determines whether or not it will add to, drain from, or leave
unchanged the level of banking reserves. This is carried out on
a daily basis. A plan of action is established for the day, and
the Fed executes it by moving huge amounts of money through its
network of 22 primary dealers, which are banks and securities
brokerages that deal in US government securities. To give you an
idea of the money flows being executed, these 22 dealers averaged
$375B per day in trading volume of US government securities in
March, 2002, according to the New York Fed website.

The most frequent transactions are called "repurchase agreements"
or repos (RP) for short, which are described as short term
transactions whereby the Fed purchases securities from the
dealers, who agree to repurchase them from the Fed by a specified
date at the specified price. When the repos mature, the added
reserves are automatically drained. The Fed pays for the
securities and takes delivery thereof simultaneously. When they
mature, often the next day as we've seen in the Market Monitor
(known as "overnight repos"), the securities are returned and the
funds reimbursed by the dealers to the Fed.

The reverse of a repo is called a matched sale-purchase
transactions (MSP's), whereby securities are sold to the dealers
for cash, and then repurchased from the dealers upon maturity.

Both Repos (RP's) and matched sale-purchase transactions (MSP's)
are temporary open market operations. Sometimes the Fed will
sell securities to or purchase securities from the dealers
outright, which affects the dealers' reserves on a permanent
basis.

If you're all still awake, or haven't yet dashed off to apply for
jobs with the Fed, here's the kicker. The effect of these OMO's
on the 22 dealers' reserves has a direct influence on the level
of liquidity in the markets, just as we saw in Livermore's 1907
example. When the dealers have excess reserves, they are free to
play with those funds until such time as the funds must be
returned. This liquidity finds its way into the markets,
purchasing securities. On days when reserves are drained, the
liquidity finds its way out of the market. During the past
months, there has been a tendency to see market strength on days
when large repos of 5-10B have been announced. When these repos
expire, if they are not replaced with new repos, we often see
market weakness. This year, because we are in the grip of a bear
market, the tendency has been to see repos. I have only seen one
instance of an MSP this year, although I've only been following
the Fed for the past few months.

The trouble for traders is in knowing which markets will be
affected by each Open Market Operation, and within each market,
which securities. Repo money can go into equities or fixed income
securities, currencies, or whatever else the dealers wish on that
day. I have read arguments to the effect that companies such as
MSFT are prime targets for Fed money because they are listed on
multiple indices, and so buying or selling in MSFT gives the
Fed's dealers the greatest bang for their buck. Remember that
the Fed's goal is to encourage the stability of financial
markets. When these markets are in jeopardy, smart traders watch
for the Fed's morning announcement and consider which markets
need it most. When the SPX broke 775 this month, an overnight
repo of $4.5B was announced, which is at the upper end of
modestly sized for repos this year, and equities bounced off
their lows, which then triggered a selloff in the extremely toppy
bond market, more money flowed into equities, and the rest we
know well. During the summer, I watched large orders that would
show up like a battalion at critical support levels on QQQ –
30,000 to 50,000 share bids that would line up 5 deep all at
once, and the subsequent matches would protect the support level
that had been in jeopardy. So what? We'd also see more such
bids that would line up just below key resistance levels after an
extended runup and the orders would power the index above them.
I'd always thought that the goal of traders seeking a profit is
to buy low and sell high, though perhaps buying high to sell a
little higher works as well. In any event, none of us would
think of using our own money to put on bullish positions just
below key resistance levels after significant runups. This is
the action of participants manipulating the markets using OPM
(other people's money) in the interest of protecting those
markets from what are deemed to be critical breakdowns.

Tracking the Fed's Open Market Operations gives the trader a
window on how much money will be available to the markets that
day relative to past days. Experience will permit you to assess
the impact of different sums- is a $1B drain substantial? Might
the markets tank or just drift? Generally, all that one can know
is how the Fed's daily activity will bias the markets, and so it
is far from a magic indicator. Many traders I know and respect
will not put on bearish positions on a day in which the Fed has
announced a repo for more than a few billion dollars. Follow us
in the Market Monitor each day and start to get a feel for the
impact of the Fed's Open Market Operations. Like most other
indicators, it will eventually help to fill in your overall
market picture in its own particular way.

[theape] 04/11/2003 22:22

pherring- what a fantastic set of links- thanks