Planet Payment Share Discussion Threads

[chrisis33] 20/12/2011 10:35

Sounds like big news? Can some one shed any light?

[someuwin] 20/12/2011 08:14

Great news!

[envirovision] 26/10/2011 14:46

jeez a profit. So we are currently on a PE of about 70

[lucky_punter] 26/10/2011 14:01

Planet Payment (LON:PPT, LON:PPTR and OTCQX:PLPM) today revealed a strong operating performance for the first half of 2011.

It explained last month that following discussions with its advisor Deloitte, the group's interim results had been delayed as it made changes to the way it presents revenues in its accounts ahead of the groups IPO into US capital markets.

[mike3034] 29/9/2011 17:17

Nonsense. There is no fraud. 70% owned by VCs who would have kicked tires. Also Planet filed S1 to trade in the US hiring JP Morgan and William Blair, who too would have kicked tires. The issue here is how to record revenues. Will it be revenues minus charges to give you gross profit. Or will it be gross profit as total revenues. In addition, cash has increased which meant the co made $2.5m in profit last quarter

[envirovision] 29/9/2011 09:51

Hmm lets hope for anyone holding this does not develop into some sort of AIM fraud.

[aishah] 29/9/2011 09:25

Suspended - results delay

[envirovision] 22/3/2011 09:25

Astonishing how they have no clue how to make a profit.

[envirovision] 02/2/2011 09:41

Maintained $3 over the pond.

It can only be a matter of time before market makers hoik this up to > £1.80 + sooner rather than latter I would think.

[emuphil] 01/2/2011 17:52

Today's rise I mean

[emuphil] 01/2/2011 17:51

What's the story?

[apsis2] 01/2/2011 16:01

See we're top of the risers today. Wish I'd got a few more on that fall last year.

[envirovision] 01/2/2011 15:52

there is the £1.45, so now for history...

[envirovision] 01/2/2011 14:25

Only a 40% upside (minimum) left now, im sure if the uk investors dont care to get in whilst they can, the US investors will.

[electricwarrior] 01/2/2011 13:46

envirovision
Nice to see the mm's have finally spotted some of the variance



just a little bit to go !!!

[envirovision] 01/2/2011 10:19

Thats one hell of a chart there. The UK chart can really only follow. More over since its smashed through old highs and resistance levels, it can only mean we are set to break new highs here.

£1.45 should be history in short order imo.

[electricwarrior] 01/2/2011 07:58

Planet Payments US share price usotc:plpm rose to a mid of $3.1 bid $2.75
that's up 41.5% in one day and = mid £1.93 bid £1.71

hmmm

[electricwarrior] 18/1/2011 21:57

envirovision spot on
Planet Payment seems to have received the Global Payments seal of approval.
Well worth looking at Global Payments accounts btw
Its not a new relationship as i'm sure you're aware

"The agreement announced today expands the current relationship between Global Payments and Planet Payment dating back to November 2007 covering the provision of the Global HomeCurrencyPay service in China, Hong Kong, Macau, Taiwan, Brunei, India, Malaysia, Singapore, Sri Lanka, the Maldives and the Philippines"

"The agreements include the offering of Global HomeCurrencyPay™, an innovative multi-currency processing solution powered by Planet Payment, to Global Payments' base of ISO and merchant customers in the United States and Canada"

It does however cement the relationship and gives PPT increased earning power in the US and Canada. "Agreements" (as opposed to agreement) looks a key word.

[envirovision] 18/1/2011 15:11

Thats Global Payments Inc. is a decent customer to be working with.

[envirovision] 10/1/2011 16:06

cant understand how they can still be loss making though, staggered really. Wonder if PPT are in line for the AIM prize of the year award for talking up your results year after year, is there a catagory for best use of the term EBITA anywhere, PPT would scoop that one for starters.

[apsis2] 10/1/2011 15:57

Planet Payment

Trading Update

TOTAL REVENUE INCREASED BY MORE THAN 35% TO OVER $64M IN 2010

Total Revenue for Fourth Quarter 2010 increased by 48% over 2009

Increased Adjusted EBITDA for the Year 2010

Planet Payment, Inc. (LSE: AIM: PPT and PPTR; OTCQX: PLPM), a leading international multi-currency payment and data processor, provides the following update on its trading for the fourth quarter and year ended 31 December 2010.

Management estimates that total revenue for the full year 2010 increased by more than 35% to over $64m (2009: $47.3m). This growth was led by new merchant deployments with processors and banking customers in the United States and Asia Pacific region. Revenue from core multi-currency processing services increased by more than 50% to over $51m (2009: $33m).

Management estimates that total revenue for the fourth quarter 2010 increased by approximately 48% to approximately $21m (Q4 2009: $14.2m), and by approximately 35% compared to the third quarter 2010 (Q3 2010: $15.5m). Revenue from core multi-currency processing services for the fourth quarter 2010 increased 55% to approximately $17.0m (Q4 2009: $11m), and by approximately 36% compared to the third quarter 2010 (Q3 2010: $12.5m).

The Company also estimates that it has achieved a significant improvement in adjusted EBITDA for the fourth quarter, as compared to the third quarter of 2010 and expects to show substantially increased adjusted EBITDA for the full year in 2010, as compared to fiscal year 2009. (Adjusted EBITDA comprises net income excluding interest, taxes, depreciation and amortization, non-cash stock-related expense and certain other non-cash expenses.)

Planet Payment will announce its preliminary results for the period ended 31 December 2010 in mid March 2011