Safecharge Share Discussion Threads

[trentendboy] 24/4/2019 12:06

Agree that the softbank investment shows just how undervalued SCH is relative to its peers.

Been buying for a while based on this valuation gap - good to see if being closed but a long way to go yet.

[trentendboy] 24/4/2019 12:05

When this shifts it really shifts. I suspect good results on the back of TO rumours.

This is a very tasty asset and one of the stronger players who are not the really big boys

[dr know] 24/4/2019 11:37

Could be a read across from the $1bn that Softbank is investing in Wirecard that was announced this morning which caused an 8% rise in Wirecard's share price.

An 8% rise in SCH's share price would be very welcome.

[rivaldo] 24/4/2019 11:18

Rising nicely, and buying coming in at the full 330p offer price now.

[rivaldo] 18/4/2019 14:55

The AGM is on 22nd May and should be accompanied with a trading update as usual:

[trentendboy] 18/4/2019 10:07

Usually gets a bump following naked trader buysDividend is great I must say and same aggressive policy is in place

[rivaldo] 18/4/2019 08:24

Good to se Robbie Burns (Naked Trader) buying more SCH as per his report last night:

"And... another buy in payments company Safecharge (SCH).

As I mentioned above I do like payments companies as they are in such a hot area of the market with plenty of market share to go for.

Safecharge also pays out a fantastic dividend since I've held it.

It must be a takeover candidate sooner or later even though it has one major shareholder."

[gswredland] 15/4/2019 16:40

Happy with steady rises each day
Look forward to more

[trentendboy] 15/4/2019 10:58

on a charge - I suspect someone is accumulating. If Tedi wants to sell out there will be plenty of buyers out there looking for this tech

[johnv] 15/4/2019 10:40

Slowly crawling up everyday

[rivaldo] 15/4/2019 09:15

Moving up almost every day now - hopefully back to 350p soon and then well beyond that.

[trentendboy] 12/4/2019 18:07

Some nice moves following strong numbers from the US - if SCH can get the gigs for ID etc. they will be making strong revenues

[blueflex2] 09/4/2019 09:46

Demand outweighs supply at the moment certainly for short term. In addition to that, more people buy in before ex-dividend date. The number of Chinese tourists increasing since the pounds going weaker.

[trentendboy] 05/4/2019 20:17

True that Sagi holding makes it tricky - means easy to TO if he agrees but hard to go hostile

[epicsurf] 05/4/2019 17:26

Teddy sagi majority holding in safecharge while not ideal is potentially the reason why this share hasn't been swallowed up yet.
On the plus side any offer would have to be to good to be refused to secure the company
Personally would like safecharge to
Grow organically or make acquisitions
And flourish over the long term,
Rather than a short term bid gain but happy with both options

[epicsurf] 05/4/2019 16:52

May the 2nd is ex dividend date

[maverick82] 05/4/2019 16:38

Getting in for the Divi date?? Unless that's passed already?

[trentendboy] 05/4/2019 16:20

Same pattern of continued buying - something going on here I suspect

[trentendboy] 05/4/2019 11:23

yep - not reason not to. GVC for example reporting higher OL revenues.

Processing is not going away

I suspect TO chance is also running up these shares if someone is slowly trying to build a position

[rivaldo] 05/4/2019 10:30

Good to see the price breach 300p - hopefully set for a run-up to prior highs of 350p or so.

[harrywilliam] 02/4/2019 16:39

Nice buying today, hopefully a break out upwards coming very soon

[trentendboy] 02/4/2019 08:47

PTEC have been rising nicely - hopefully their Asian issues solved which should protect SCH volumesPeople still missing the move to quality customers in their rating

[trentendboy] 30/3/2019 17:47

Interesting - must be a target for the bigger boys but tightly held

[epicsurf] 30/3/2019 11:09

Good write up in the ic on the world of global payments,This is just a small section taken from it
The UK opportunity

There remain various listed payments specialists in the UK, and while there's no guarantee these companies will receive similar advances, or any takeover attention at all, it's still likely to be an industry worth watching.

SafeCharge (SCH) offers services ranging from card-acquiring to payment processing and check-out. It initially provided solutions for the regulated gaming and financial services industries, but has diversified into new industries and geographies. It is currently 68 per cent owned by Teddy Sagi (via Northenstar Investments) – founder of gaming software group Playtech (PTEC).

Eckoh (ECK) also provides secure payments products and services. No bad thing, at a time when data privacy is front of mind thanks to the launch of the EU’s new rules last May (GDPR). Meanwhile, FairFX (FFX) provides international payment services to the retail and corporate arenas of the UK market – which are, together, estimated to be worth £60bn a year.  

Favourites 

Eckoh revealed earlier in March 2019 that it had secured over £10m in contract value since the September 2018 half-year end. And while the shares have lost ground on our tip (47p, 13 Jul 2017), they still trade on a lofty forward PE ratio. But security will only become more important in the payments space. SafeCharge’s results for 2018 revealed a 47 per cent increase in the number of transactions processed, and double-digit revenue growth – although its expansion into new markets and 'Tier 1' customer focus squeezed gross margins.

Outsiders

Avast (AVST) isn't a payments provider, but a cybersecurity group – hence its 'outsider' classification. That said, its products can protect consumers at home, while they shop and bank online – preventing unwanted hackers from accessing their details. Avast is a relative newcomer on the block, having only floated last May. Its 2018 numbers were solid, with revenues up 24 per cent to $808m. But we learnt simultaneously that chief executive Vince Steckler is retiring, and is due to be replaced by a long-time colleague.

[togglebrush] 18/3/2019 14:29

SCH’s new customer GETT plans IPO.

Plans to publicly list the company at some point in 2019. The initial public offering (IPO) would take place on either the London Stock Exchange or in Israel.
‘
Unlike Uber, Lyft and other app-based ride-hailing firms, Gett uses its technology to link passengers with traditional operators such as New York's yellow taxi firms or the black cabs of London. Corporate sales currently account for more than half of the firm's revenue.