Safecharge Share Discussion Threads

[trentendboy] 09/1/2019 14:50

strange flatline at the current sp

I suspect some large buys being worked through

[rivaldo] 09/1/2019 13:13

Thanks for the text of the Telegraph's tip in post 1629 Dr Know.

[slaccs] 09/1/2019 12:01

TrentEndBoy - I think a lot of the deals on Level 2 are actually BUYS but for some reason are showing as SELLS.

[onjohn] 09/1/2019 11:57

Bango in bargain territory
Simon Thompson

Simon Thompson
Shareholders in Aim-traded Bango (BGO:110p), a provider of a state-of-the-art mobile payment platform enabling smartphone users to charge purchases made in app stores straight to their mobile phone account, have endured a rollercoaster ride since I first advised buying the shares, at 93p, two years ago ('Bang on the money', 26 September 2016). Having almost trebled in value to 266p by January


now 90

[onjohn] 09/1/2019 11:46

watch bango BGO take off next

[trentendboy] 09/1/2019 11:45

funny how it takes time to sink in

remember with this share it always moves up (and down) very fast as there is a very limited free float so spread does get large

[dr know] 09/1/2019 11:34

It’s time for Questor’s share tip of the year.

As we did last year, we have approached the fund manager responsible for this column’s best-performing tip and asked him which stock he feels most enthusiastic about today.

That fund manager is Gervais Williams of Miton, who in March 2017 put Questor on to IG Design, which gained 120pc before we sold it in September last year.
For 2019, Williams has high hopes for Aim-quoted SafeCharge, whose advanced technology helps retailers to process card payments.

“Accurate processing of these payments is extremely important for retailers, especially online,” he said. “You want to catch all the attempts at fraudulent use but you don’t want too many ‘false positives’, when the system rejects a payment that is actually legitimate, because this is annoying for customers and can lose business for the retailer.“Having the right ‘gateway’; software makes all the difference here. There is plenty of competition in this area, including from large companies such as Worldpay, but we are very impressed by SafeCharge’s payment technology, which it developed in-house.”

Williams pointed out that the company was based in Israel, which gave it access to a pool of excellent software engineers thanks to the technological prowess of the Israeli armed forces.

“The underlying business is very strong and transactions have been going through the roof, with 60pc growth in 2018,” he said. “Every customer it signs up is profitable, although profit margins vary because some customers need more support than others. I am not even slightly worried about margin erosion.”
He said the company had also moved away from certain types of business, such as betting, which were seen as riskier. Investors have seen this and sent the share price lower. As a result, the stock trades at about 16 times expected earnings for the year just ended and about 14.2 times earnings for 2019,” Williams added. “This is superbly cheap for such a good business.”

He said Miton was one of the largest shareholders, while the directors also have very large stakes – something that Questor finds reassuring as it encourages managers to take a sensible, long-term approach.

The company is able to grow without much need for capital investment, so it has been able to grow its dividends “beautifully”, Williams said. At today’s depressed price the shares have a forecast yield of 5.8pc. SafeCharge also has net cash of £65m, against a market value of about £350m.

“This year I think the stocks that will do well are those with minimal debt and a growing dividend,” the fund manager said. “We are allergic to geared [indebted] companies at the moment.“But we are very excited by SafeCharge. We love its yield and we love its cash cushion.”

Questor says: buy

[slaccs] 09/1/2019 11:23

Big spread now. Someone wants this stock.

[michaeljames1] 09/1/2019 08:39

Just seen your posts a minutes before my response which was more my thought process. I dont personally buy on tips, as once tipped they open up expensive, I do enjoy when one I already own is tipped though!

[michaeljames1] 09/1/2019 08:36

Nothing to do with the Gett news? I only bought into the share recently at 238 so may have been more pleased than necessary.

[trentendboy] 09/1/2019 08:35

It is great to see SCH signing up high quality non-gaming customers

These are lower margin but high quality revenues that will help boost SCH credibility with major institutions and lower the risk of a low of revenues in grey gambling markets.

All moving in the right direction - the more of these low risk high quality customers the easier it is to land the next one

[epicsurf] 09/1/2019 08:30

Gett simplifies and streamlines reconciliation from all its payment providers with SafeCharge

Global ride-sharing app company rolls out SafeCharge Reconciliation Manager, a solution empowering efficient reconciliation across four payment partners through matching and reconciliation automation.

 

SafeCharge (AIM: SCH), the partner of choice for businesses who demand more from payments technology, today announced an extension of its partnership with Gett – the global on-demand mobility company – to streamline payment reconciliation processes across all its payment partners globally. The company has chosen to rely on SafeCharge Reconciliation Manager to automate the matching of transactions across acquirers, payment gateways, banks and customers, preventing revenue losses due to mismatches or incorrect fee charges.

Gett’s on-demand mobility app is available across 120 cities worldwide across the UK, the US, Israel and Russia, allowing millions of customers to reach their destination on a daily basis. With mobility services often resulting in very complex processes involving fare splits, foreign banks and drivers having to be paid for the correct amount, SafeCharge Reconciliation Manager will allow the business to automatically prevent payment mismatches, duplicate billing, invoicing errors and rebate withholding. Thanks to a constant snapshot of account balances for all payment methods in a single, integrated report, Gett has now more control over their revenues to grow the business further.

“We chose SafeCharge Reconciliation Manager because of the company’s extensive experience in the payments industry and deep understanding of the pain-points when it comes to the reconciliation and matching of transactions,” said Guy Douek, Global Head of Payments at Gett.“ At Gett, we process tens of millions of transactions and as such, we need to reconcile information from various banks, gateway providers, corporate banks, acquiring banks and internal systems. SafeCharge Reconciliation Manager has automated the process, freeing up resources from what was a tedious and manual task prone to human error, enabling us to concentrate on investigating and sorting any payment gaps.”

“For businesses operating within complex payment scenarios, SafeCharge Reconciliation Manager is the ideal solution to streamline all reporting into a single unified overview, to ensure that all payments have been received correctly and that processing fees are in line with related service contracts,” explained Yuval Ziv, CCO, SafeCharge. “Many unforeseen circumstances can negatively impact the reconciliation process, from switching to a new provider, to hidden fees. Our solution is saving our customers thousands of dollars in revenue, putting them back in control of their payments systems.”

[trentendboy] 09/1/2019 08:28

This year -

[jarega85] 09/1/2019 08:26

Next year or this year!?

[trentendboy] 09/1/2019 08:26

Still, it is a long way to go to get back to the mid 300s but I think we will get there next year although I suspect a TO bid could come through any time now

[trentendboy] 09/1/2019 08:24

That explains the move today and clearly this leaked yesterday hence the move then.

Sucks really but good to get the tip although I always prefer a rise when it is news drive and not random tip driven

Still, he is clearly a wise man to pick up on what we have known for a long time

[gleach23] 09/1/2019 08:13

Cheers rivaldo - good news and explains the feverish buying from the off this am.

[rivaldo] 09/1/2019 07:21

SCH are the Telegraph's Tip of the Year today - from no less than Gervais Williams himself (funnily enough I also own his previous successful tip IGR, also mentioned here).

Susbscriber-only, so if anyone has full access....



"Questor’s tip of the year: a fast-growing software firm that yields almost 6pc
9 January 2019 • 5:58am

Questor share tip: Aim-quoted SafeCharge has technology that enables retailers to trade securely online – and its shares are ‘superbly’ cheap

It’s time for Questor’s share tip of the year.

As we did last year, we have approached the fund manager responsible for this column’s best-performing tip and asked him which stock he feels most enthusiastic about today.

That fund manager is Gervais Williams of Miton, who in March 2017 put Questor on to IG Design, which gained 120pc before we sold it in September last year.

For 2019, Williams has high hopes for Aim-quoted SafeCharge, whose advanced technology helps retailers to process card payments.

“Accurate processing of these payments is extremely important..."

[michaeljames1] 09/1/2019 07:11

Good to see clients are happy with the service.

[johnv] 08/1/2019 16:03

1.2m traded yesterday

[burn248] 08/1/2019 09:42

Just topped up showing as a sell

[slaccs] 07/1/2019 13:42

Just bought 3000, showing level 2 as a sale.

[johnv] 07/1/2019 09:03

Last year trading statement 18th Jan, year before was 19th Jan

[trentendboy] 08/12/2018 18:22

Had to buy more - crazy in some respects as own too many already but could not resistDividend very decent and still a TO target

[epicsurf] 07/12/2018 19:56

No worries Rivaldo,On top of $86.1 millon cash they hold,there is also
$35 millon invested in mostly unquoted equity companies who's value has been rising , i assume this is Nayax
or Nayax being their biggest investment
at $24.5 millon
Would appreciate any info on Nayax market cap /value ,Trying to work out
Safecharge's overall equity stake in them.