Safecharge Share Discussion Threads

[johnv] 23/10/2018 16:31

I don't think this is specific to only sch, many stocks are dropping. Is this due to brexit?

[jarega85] 23/10/2018 15:31

It is the market is general star. This is a great money maker with a great divi in my view, I think market expectations will still be met but some previous investors have been concerned about the continuing accumulation of shares by Sagi and his overall control.Happy to hear any other views

[johnv] 23/10/2018 15:00

TU last year was 29th november

[starpukka] 23/10/2018 10:12

Is the outlook really gloomy guys ? Rising dividend. Increased revenue in H1. Buoyant outlook by board. Okay there's a 2% fall in PBT compared to last year but could this not now be viewed as a buying opportunity ?

[jarega85] 23/10/2018 07:54

Shame about this one, Sagi still accumulating and owns a huge stake now!Will consider buying back in if it goes sub 240p

[trentendboy] 18/10/2018 09:22

The GVC results show how much gambling is going online - all of it needs processing

[igoe104] 18/10/2018 08:12

markets makers marking shares down 10% or so and kicking off a lot of stop losers, the oldest trick in the book. then that creates worry with other holdings and they end up selling as well. its a good way of creating some business, when your in a dull period.

[trentendboy] 18/10/2018 08:05

Still not sure why this share fell so much recently. An odd reversal but matches PTEC to some extent but although their share price is off they are still making significant profits through increased volumes

[igoe104] 17/10/2018 14:48

Praxis Cashier Launches Seamless Access to SafeCharge's Broad Alternative Payment Method Portfolio.

[igoe104] 17/10/2018 11:05

Very much over sold this share especially as recent investments are doing well. and Chinese tourists and rising year on year, which will gear-up the recent payment partnerships. then you take in account the large cash-pot and large divi payment, these are a bargain.

[fizzypop] 12/10/2018 08:19

illiquid so volatile stock.

[johnv] 11/10/2018 13:17

5% nothing, ive got SDI and AFX dropping 10% today, yet IDP up 10%.

[trentendboy] 11/10/2018 11:24

ffs - quite a drop

[johnv] 11/10/2018 11:12

It wouldn't surprise me if Ssgi is not gobbling up all these sold shares today

[johnv] 09/10/2018 15:43

Holding up well compared to my other shares

[crazycoops] 28/9/2018 13:25

"Yes" and "not a lot". It's the main risk with this share in my view and which is why I position size accordingly. From a business/metrics perspective I would double the position size (at least) if it weren't for the dominant shareholder risk. Cracking business which is in the right space at the right time.

[johnv] 28/9/2018 12:13

I am always worried about the size of his holding. Can he out vote all the shareholders and take the company private? What safeguards for us is there

[rivaldo] 28/9/2018 09:30

Intriguing to see Sagi reducing his Playtech stake and going "all in" on SCH:



"Teddy Sagi Boosts SafeCharge Stake with £13m Investment

The Israeli entrepreneur decided to cut back on his gaming and trading ventures, but he is all in on SafeCharge

Israeli entrepreneur Teddy Sagi has increased his stake in SafeCharge. According to a regulatory filing, he has purchased another four million shares to bring his total stake in the company to 68.34%.

The move comes as the Israeli magnate has been reducing his stake in Playtech, a company which he founded.

The other side of the transaction was a company related to the CEO and co-founder of SafeCharge, David Avgi. This is the first time he is cashing out of the company.

SafeCharge Growth

In recent years, SafeCharge has been expanding its reach way beyond gaming and trading. The company has several big clients such as Israeli Airline El Al, Sagi’s own Camden Market, Domino’s Pizza and others.

Sagi has executed his investment via Northenstar Investments Ltd; an IOM company fully owned by him.

Commenting on the move, he said: “SafeCharge is an excellent payments and technology company with strong growth potential. It is an important part of our investment strategy and focus.”

Sagi’s company expanded its SafeCharge stake at a strike price of 325 pence per share. The stock is currently trading at around the same level, which is close to its all-time high marked earlier this year at 355 pence per share.
Globe Invest

Teddy Sagi has been diversifying his business ventures via his family office Globe Invest. Aside from Playtech and SafeCharge, he is deeply vested in London’s second most popular tourist attraction, Camden Market.

Back in 2017 he also acquired a stake in Brack Capital Property. The company is developing several big real estate sites in Germany.

A spokesperson for Sagi’s family office Globe Invest said: “The additional shareholding in SafeCharge shows Northenstar and its shareholder Teddy Sagi’s commitment to the company. This latest move reflects his confidence in the future prospects of SafeCharge.”

[gleach23] 26/9/2018 23:18

Nice spot rivaldo...

[rivaldo] 26/9/2018 22:58

RNS - Sagi/Northenstar Investments have increased their holding to 68.34% from 67.49%:



The last disclosure I can see was in Nov'17, when he/they had exactly 100m shares, so they've bought another 3.995m shares - i.e all of those sold on the option exercise by the CEO. Well, that's certainly supportive....

[runthejoules] 26/9/2018 13:28

Director sell (well, via options) but L2 strengthened. Presumably because now we know what the drop was and overhang cleared? (Still learning to interpret L2)...

[fizzypop] 26/9/2018 10:26

4M just traded at 325p 2p above the offer at 323p so I guess a buy before the ex div on Thurs.

[trentendboy] 17/9/2018 13:51

The final buy rec makes complete sense.

It is undemanding and clearly they are valuing the "income" which is impressive given current interest rates and the possibility of capital gains underpinned by a significant chance of a TO down the line.

Once some Tier 1s sign up it is always easier to get the next ones. This is a crucial period of development and then have not slipped up yet.

Steady as she goes