Safecharge Share Discussion Threads

[trentendboy] 14/9/2017 16:49

Great gvc resultsOnline gaming is growing all the timeSCH in the right place right time

[2bluelynn] 13/9/2017 22:12

Me also ... my biggest holding .. let's wait and see but in the right sector with growing business All good

[fxbootstraps] 13/9/2017 21:04

I would take a different view if it broke below 240 and stayed there. I have seen days where this share just doesn't move one way or another. As this is an obvious buy target I would, if I were a MM, push down thinly traded shares. Time will tell but I am keeping mine for now.

[trentendboy] 12/9/2017 10:14

Bouncing back now -

[nimrod22] 12/9/2017 09:34

Will hold my shares as the share price will recover, and the company is still a possible target for a takeover

[rivaldo] 12/9/2017 09:23

The MMs are fleecing sellers - down 7% on just £200k traded! Hope not too many get suckered/stop-lossed/panicked into a rash move.

[sharking] 12/9/2017 09:14

I stated a few days back that share price would fall on rns, but there is nothing new the company didnt make us aware of in trading update. I think this is still a great long term hold and will be buying more myself when settles down

[2bluelynn] 12/9/2017 09:13

I agree with Trent end boy so I'm in today ...tuck away for the Divi ....

[fizzypop] 12/9/2017 08:50

... and few with any foresight will be selling.

[f1araway] 12/9/2017 08:36

Well nobody's buying today......

[trentendboy] 12/9/2017 08:36

The previous poster is correct - if you look at the reasons for the profit fall they are all reasonable. Exceptional gain on Visa sale and fintech AG sale.

The more interesting part of the results is the "shaping" of the customer base. I suspect this means dropping a high risk China customer or something similar.

Those who hold PAYS will already know about the sale of the Asia Gateway which is what held up any sale previously.

My guess is that SCH have offloaded/dropped this customer and hence the loss of profits short term.

This is a shame but on the plus side it positions SCH for a takeover as they have cleared out some of the less desirable revenues.

It is a way of putting up a for sale sign.

I can see this recovering some of the losses so far today. They might even kick in with some share purchases themselves (270 was the last price they did this at).

The results were as predicted but the names of the tier 1 customers are impressive. Not least Plus500. Check out that share price - I think revenues from there could be huge.

The WeChat stuff could also be massive. Future looks good to me.

I will try to find a good entry price in the next couple of hours/days.

[igoe104] 12/9/2017 08:07

Its only a short term minor blip, the long term prospects looks extremely positive.

[mysteronz] 12/9/2017 07:51

Runthejoules, the high yield is the reason im not too concerned about the short term. That and i wouldnt put it passed the company to buy a load of shares if the share price drops alot and keep them in treasury or cancel them.

[johnv] 12/9/2017 07:42

What is " own acquiring transaction value?"

[andysaw] 12/9/2017 07:34

Results are not good IMO due to big loss in profit. I would expect a bigger fall today

[mysteronz] 12/9/2017 07:30

Agree riv, underlying revenue growth of 11% with some impressive clients coming onboard in H2. Nice increase to Divi too :) need a strong H2 but trust them to deliver

[fizzypop] 12/9/2017 07:27

Divi up 10%

The dividend shall be paid in sterling and therefore it will be subject to a conversion exchange rate from US dollars based on a GBP/USD rate of 1.318, being the rate at 4.30 pm on 11(th) September. As a result, those shareholders entitled to the interim dividend will receive 5.83 pence per share. The interim dividend will become payable on 13(th) October 2017 to those shareholders on the Company's register as at the record date of 29(th) September 2017. The ex-dividend date is 28(th) September 2017.

[rivaldo] 12/9/2017 07:25

As already flagged in the trading update, the H1 headline numbers aren't great, but the H2 outlook is extremely positive.

Moreover, the headline numbers declined mainly due to one-offs including (1) the historic customer base reshape, (2) one-off finance income last year and (3) higher tax charges this H1 relating to prior years. These are all non-recurring.

The outlook is fine:

"The Group has enjoyed a strong start to the second half of 2017 benefiting from the launch of new clients, many of whom had started processing on the Company's global acquiring platform by the end of the first half of the year. The Group is confident that its focus on higher quality earnings driven by its healthy pipeline will yield revenue growth in 2017 and build even stronger profitable momentum in 2018 and beyond."

With a $113m cash pile - which will increase greatly in H2 - SCH remain a sound investment imho.

[trentendboy] 10/9/2017 17:08

Based on what reasoning? Too many buy on rumour sell on facts. Given the recent RNS we should not expect too much but we do want news on tier 1 progress

[nw99] 09/9/2017 09:45

Buy ahead of results

[sharking] 05/9/2017 08:03

Disappointing the share price is where it is atm as i expect a greater fall will be due along with results

[igoe104] 05/9/2017 07:19

SCH, did say they expect to be broadly in line, in a trading statement, hopefully tier 1 clients payments are filtering more through now. and the outlook is extremely positive.

[igoe104] 05/9/2017 07:09

Not long to wait, 1 week.


Notice of results
 
SafeCharge (AIM: SCH), a leader in advanced payment technologies, confirms that it will release its half year results for the six months ended 30 June 2017 on Tuesday 12 September 2017. A meeting for analysts will be held at 9.30am on the day at Central Court, 25 Southampton Buildings, London, WC2A 1AL. To register for the event, or for further information, please contact Bell Pottinger on [e-mail].