Safecharge Share Discussion Threads

[2bluelynn] 29/11/2017 21:19

I agree Igoe I'm in for the long term and fabby divis

[igoe104] 29/11/2017 19:40

This IS certainly one share to hold for a few years yet, I suspect the share price will be a hell of a lot higher in a few years time,

[2bluelynn] 29/11/2017 19:24

I Thought this would of moved today on the interims but week volume and stayed the same .

[fxbootstraps] 29/11/2017 13:45

Can you take this discussion somewhere else?

[harry the haddock] 29/11/2017 12:27

fully agree igoe

[igoe104] 29/11/2017 11:50

AJ bell are decent for Isa and sipps.

[mozyali] 29/11/2017 11:34

Thanks Panic, i wont use barclays lolAny suggestions who to use from anyone?

[panic investor] 29/11/2017 10:30

Don't use Barclays

[mozyali] 29/11/2017 09:59

Guys just need some advice please, currently with TD Direct and they are increasing their fees, any suggestions or recommendations on another broker? Thank you

[trentendboy] 29/11/2017 07:19

The vultures must be circling for a TO.They are too well positioned to be ignored now and others will want these customersI think they will also benefit from the PAY move to go legitSomeone has to work in the grey

[harrywilliam] 29/11/2017 07:18

Yes at interims it was saying broadly in line for full year and now saying in line, so did better than thought a few months back? Unless market expectations have changed?

[rivaldo] 29/11/2017 07:15

Agreed. "Strong" trading in H2, so the results will be nicely in line with expectations.

In particular:

"We will continue to focus and invest further to build our sales teams to accelerate a successful entry into new target sectors and geographies"

And:

"Outlook

The Board is encouraged by the Company's strong performance during the second half of the year. The Group will enter 2018 having expanded its Tier 1 customer base, with customers in new sectors, including travel and retail, and new markets, and with a strong pipeline which provides confidence for 2018 and beyond."

[trentendboy] 29/11/2017 07:07

Good trading update todayStrong customer pipeline and Wechat mentionedShould see a rise from here imo

[igoe104] 24/11/2017 09:00

Yes can see most companies in London and other Chinese tourist destinations, eventually jumping on-board .

HOTEL, casinos etc etc

[rivaldo] 24/11/2017 08:19

The WeChat Pay deal getting extensive coverage in China - and note the comment from SCH about expansion in Paris as well as London:



Extract:

"Digital wallet WeChat Pay launches in UK

By ANGUS McNEICE | China Daily UK | Updated: 2017-11-23 17:42

"In terms of demographics, the number of Chinese tourists in Camden is certainly growing, and in terms of a brand, Camden was an obvious choice. It's iconic in London," said Craig Jacoby, head of retail payments at SafeCharge....

.....Jacoby said WeChat Pay will soon be available at other shopping destinations in London, and it is also launching at six large retailers in Paris as WeChat moves forward with its international expansion."

[sharking] 24/11/2017 08:08

We had a trading update last year on 2.12.16 so i would be expecting the same in the next couple of weeks.Still have a lot further to go here.

[igoe104] 23/11/2017 09:16

I can see every European Chinese tourist destination rolling wechat out, across each city. it going to be massive.

[rivaldo] 23/11/2017 08:47

Good coverage of the WeChat Pay deal in today's FT - Selfridges and Harrods coming soon....



Extracts:

"WeChat Pay begins UK roll out in London’s Camden market

The messaging service’s payments app targets Chinese shoppers abroad"

"As part of a modernisation push by its owners, Camden Market will ask more than 1,000 shops and restaurants to sign up to the app over the next four months, so that people with Chinese bank accounts linked to WeChat can shop in the market using their smartphones."

"In Camden Market, shops that use WeChat will spend between 0.6 per cent and 2 per cent on commissions to SafeCharge, the London-listed payments company that will handle the transactions with Tencent. For smaller shops the costs will be greater than the 1.35 per cent paid to iZettle, the payments provider but, according to David Avgi, chief executive of SafeCharge, the idea is for shops to build their reputations with Chinese shoppers.“For some of the retailers it’s a very attractive market, Chinese shoppers or foreigners sending money to Chinese accounts,” he said.

“The plan is not just Camden. Selfridges, Harrods, they’re all next.”Currently, 10 per cent of Camden Market’s visitors are Chinese but the figure has grown rapidly, says Mr Davies. The proportion in September last year was only 5 per cent."

[trentendboy] 22/11/2017 23:38

PTEC link showing resultsThis imo is bigger than people thinkBuying and fast

[rivaldo] 22/11/2017 11:18

Excellent news today - the WeChat tie-up is beginning to bear fruit. WeChat are absolutely huge....



"November 22, 2017

Camden Market first to offer WeChat Pay at the Point of Sale in the UK with SafeCharge

SafeCharge, a leading payments technology company, in partnership with Camden Market, a part of the Market Tech portfolio, has announced the ground-breaking integration of WeChat Pay, a widely adopted e-wallet payment solution in China. The iconic Camden Market, London’s fourth biggest tourist destination, is the first in the UK to make WeChat Pay available at the point of sale. Chinese tourists and the UK’s Chinese community will now be able to shop using their preferred payment method as the introduction of the payment system begins and WeChat is implemented in stages across Camden Market.

WeChat Pay has revolutionised payments in China and is now rapidly extending its reach into Europe. In 2017 alone, €1.5 trillion in payments has been processed by WeChat Pay globally and the service accounts for 40 percent of the Chinese mobile payment market, (according to iResearch). This is significant for merchants in Europe, as the total amount spent by Chinese tourists exceeds the amount spent by European and US tourists combined, with 50 percent of luxury purchases in Europe made by tourists from Asia. Unlike some ewallets and contactless payments, which are capped at £30 per transaction, WeChat Pay offers more flexibility to merchants and consumers. Therefore, it is a competitive differentiator for merchants to be able to offer the payment service.

“We are proud to be the first in the UK to integrate WeChat Pay at the point of sale in Camden Market. This innovative payment method is seen as the next big payment phenomenon in Europe,” stated David Avgi, CEO SafeCharge. “This integration demonstrates that we are at the forefront of payments technology, where we are constantly exploring new opportunities to enhance our payments solutions.”

“We are extremely pleased to be working with WeChat and SafeCharge to integrate WeChat Pay into our point of sales system at Camden Market,” said Ceri Davies, Operations Director of Camden Market. “With hundreds of thousands of Chinese visitors coming to London each year, we feel that this is another way in which we can continue to promote the heritage of Camden Market abroad, and attract new visitors to our shops, stalls, and restaurants. With over 30,000 visitors a day, Camden Market remains one of London’s most enduring attractions, and we believe that this is a great way to adapt to the growing number of Chinese locals and tourists who visit the market. We are constantly on the lookout for new and innovative ways to support our tenants, and hope that this integration will allow our merchants to continue to meet the needs of a diverse London.”

One of the first tenants to accept WeChat Pay, Killa Dilla’s co-founder Joshua Whiting said; “We love to bring new technology into our operations and we are very excited to be one of the first UK businesses to be using WeChat Pay. WeChat Pay is massive in China and we believe the way this “app for everything” integrates social media, messaging and payment systems will be hugely beneficial for our business.”

Han Chin, Creative Director at Studio Collection said; “Chinese/Asian students and tourists have flooded into London over the last few years. Recently, more and more of these shoppers have started acknowledging the existence of Camden Town. As a retailer, it is our job to create a flexible, convenient shopping experience for our customers and WeChat Pay allows us to do this for our new demographic of visitor. WeChat Pay is a revolutionary reform for the retail payment system and we are excited to be a part of this latest development in trading technologies. Not only is it an efficient trading platform, with the WeChat messaging service we can communicate with customers in real time, introducing the latest products in more detail as well as helping us to improve our customer service overseas.”

[rivaldo] 22/11/2017 09:15

Nice £33,000 buy at 301p this morning - looking good for another run-up.

[f1araway] 21/11/2017 14:49

Agreed fx it takes next to nothing to move this.

[fxbootstraps] 21/11/2017 13:51

F1araway - I was in a similar position a couple of weeks ago, there was some selling by a couple of large institutions, not much, and the price went down a bit.
Some people jumped out and I decided to stay in. If you read back during buying people struggled to get a fill on their order. So in both instances the limited amount of stock is causing the exaggerated up and down movement, and .. periods where it seemingly goes dead without any movement.

[f1araway] 21/11/2017 13:20

Anyone able to demonstrate any shorting positions on SCH this past few weeks?

[wolfhound1] 21/11/2017 09:26

Any thoughts on TS movement of stock - are we about to get a liquidity event similar to PTEC in Nov 16 ?