Safecharge Share Discussion Threads

[trentendboy] 06/10/2015 13:30

Boom - real seesaw this one BUT this time it might get back to the 290 highs and beyond.

Given the increase over at OPAY it seems only right that SCH matches the ride up including the obvious TO premium attached to SCH

[trentendboy] 01/10/2015 22:24

Strange moves in the last 2 days

[5oletrader] 01/10/2015 17:48

Interesting close.;-)

[trentendboy] 30/9/2015 20:41

Nice move today. There is just not much stock about and a lot of interest in this sector.

PayPal want gaming? World pay and of course Opay.

All would like to add Sch to their empires.

Could be buying ahead of a bid

No brainer

[melf] 30/9/2015 17:51

Looks like c55k shares purchased for 275p. Someone wants them badly.

[5oletrader] 30/9/2015 16:58

Interesting close.

[dlku] 16/9/2015 16:12

indeed Trentboy, XLM also flying. I see you love XLM also.

[dlku] 16/9/2015 16:08

everyone is filling OPAY boots, well the smart money is

[trentendboy] 16/9/2015 16:06

Some may say - that is why many are filling their OPAY boots including me but the reasons for the undervaluation are there and well known to those that follow the OPAY thread.

$4 would be a much fairer valuation imo

[dlku] 16/9/2015 12:04

OPAY is a temporary anamoly

but moves to FTSE250 in a few weeks which will send it racing
broker says 450p

[qs99] 16/9/2015 12:01

why is OPAY valued at so much less?

[dlku] 16/9/2015 11:54

tooo reliant on sagi to throw it food and sagi connected to porno industry so giuess they are too


OPAY better and bigger and MUCH cheaper business

[trentendboy] 16/9/2015 11:35

Technically:

Payment processor SafeCharge has reported a 44 per cent increase in revenue to US$49.5m for the first half of 2015, with the company set to develop and expand its technology base and product offering through the commercial launch of its PAY.com mobile wallet and Mastercard pre-paid card

Hence, SCH growing more quickly that OPAY on revenue growth :-)

[trentendboy] 16/9/2015 10:28

Agree on all points. The PE is fine when compared to peers although high relative to OPAY which I think it just too low (I have a shed load of OPAY shares way in excessive of my SCH holding)

They do make a good fit. Would really nail the gaming market. The fly in the ointment is the PTEC link. Depends if they want to sell (indeed they could take SCH back in house now they are more respectible kind of).

[melf] 16/9/2015 09:53

I guess the muted reaction is a combination of it still being under the radar and a high P/E on the face of it.

I'm sticking around - c£75M of cash in the bank (50p per share) with no debt, a progresssive divi policy and rapidly growing profits - so lots more to come methinks. And if you strip out the 50p cash per share, the P/E looks significantly more attractive.

.......plus, imo this will be taken out eventually, in what is a consolidating sector. If I had to hazard a guess, I think it would be great fit for OPAY.

[trentendboy] 16/9/2015 08:47

Highlights

-- Revenues up 44% to US$49.5m (H1 2014: US$34.4m)

-- Gross Profit up 40% to US$28.5m (H1 2014: US$20.3m)

-- Adjusted EBITDA(1) up 41% to US$15.2m (H1 2014: US$10.8m)

-- Adjusted profit(1) up 59% to US$16.1m (H1 2014: US$10.1m)

-- Cash flows from operations US$14.5m (H1 2014:US$10.2m)

-- Reported profit after tax US$12.4m (H1 2014: US$4.8m)

-- Cash balances as at 30 June of US$115.7m (30 June 2014: US$142m)

[trentendboy] 16/9/2015 08:46

Was predictable - wish I had gone even longer with paper and SBs.

Excellent news and TO target for sure.

£3 will be broken soon enough IMO

[adorling] 16/9/2015 07:59

Incredibly strong results!

[trentendboy] 11/9/2015 16:57

nicve buying - this could reach the £3 mark pretty darn quick once results are out.

LADS online doing wlel but more important are the new PTEC companies and whether they are also on board or will be on board..

[scottishfield] 11/9/2015 16:55

nice finish, bought in over the course of the last 2 days.

[trentendboy] 11/9/2015 11:21

Predictable - wish I had got more actually

[wildchild] 11/9/2015 08:24

Starting to go ahead of results next week. Nice to see.