Safecharge Share Discussion Threads

[chrisha100] 05/7/2016 17:49

The large sells were JP Morgan it seems. Bummer.

hxxps://www.leaprate.com/2016/07/safecharge-sees-jp-morgan-sell-more-than-half-its-stake-as-shares-slide-to-52-week-low/

[johnv] 04/7/2016 23:11

Anyway on a more cheerful note J P Morgan up to 3.7% holding now

[johnv] 04/7/2016 23:09

Say it's 15.2 to 16.2m that's only 9% growth,was expecting more espically with the pe it is on.

[trentendboy] 04/7/2016 18:42

Over 16 million.How fast do you want it too grow?I will be happy with 10-20 percent a year

[johnv] 04/7/2016 15:10

EBITDA is going to be greater than $16m, last half year was $15.2m. Not much of a increase. Is growth slowing down?

[melf] 04/7/2016 08:35

Still no RNS re last week's large trades, however, the company confirmed in its total voting rights RNS today that it's not holding any shares in treasury. So it wasn't purchasing its own shares last week.

[trentendboy] 02/7/2016 08:42

GVC news important selling off their cash processor. SCH should buy it. Would be transformational

[melf] 01/7/2016 12:35

Wouldn't surprise me if PAYS came in for this eventually. It does seem like an obvious fit.

[trentendboy] 30/6/2016 19:37

TO starting with someone taking a position?It is just too cheap given the dividend

[melf] 30/6/2016 16:23

Very interested to see what's been going on today. According to the company's website, of the 151M shares the 3 biggest holdings are:

Northernstar investments 100M
J P Morgan 9.9M
Allianz 6.5M

So the 10M+ traded today is not insignificant.

I wonder if the company has purchased it's own shares? Just a thought........I guess we'll find out shortly.

[5oletrader] 30/6/2016 15:35

Some HUGE Volume Today

[trentendboy] 28/6/2016 10:46

Very impressive update. This should be touching £3 not £2.

The dollar revenues alone mean that profits rise - each dollar translates into MORE sterling.

Rerating needed if anything.

Gone longer

[trentendboy] 28/6/2016 10:45

SafeCharge International Group Ltd

28 June 2016

SafeCharge International Group Limited

("SafeCharge" or the "Group")

Trading statement

SafeCharge (AIM: SCH), the global provider of payments services, technologies and risk management solutions for online and mobile businesses, provides the following trading update for the first six months of 2016.

The Group has enjoyed strong trading in the first half. As a result, Adjusted EBITDA* for the period will be comfortably ahead of US$16 million and the Directors are very confident of the outcome for the full year.

The Directors confirm that the US dollar is the Group's functional and most significant currency in terms of contribution to revenues and that nearly 80% of the Group's cash is held in US dollars with sterling balances representing less than 5%.

*Adjusted EBITDA is a non-GAAP, Company-specific measure which is earnings excluding interest, taxes, depreciation, amortisation, acquisition costs and contingent remuneration, restructuring costs and share based payments charge.

- Ends -

[melf] 28/6/2016 10:15

Market cap of £299M with cash of c£109M and expected HI adjusted EBITDA in excess of £12M. This is an extremely cheap growth stock methinks.

[trentendboy] 28/6/2016 10:05

Gone long again - insane panic drop for no reason (well we know the reason) but should not affect shares such as SCH so badly.

A global crisis would not be good of course but even so

[heliweli] 28/6/2016 08:36

80 per cent of cash held in dollars, less than 5 per cent in £.

[5oletrader] 28/6/2016 07:20

Agreed. Yield looking very attractive also.

[rivaldo] 28/6/2016 07:17

Looks like a very good trading statement today - and the likely $140m+ cash pile is now worth a few £m more since the fall in the pound:



"The Group has enjoyed strong trading in the first half. As a result, Adjusted EBITDA* for the period will be comfortably ahead of US$16 million and the Directors are very confident of the outcome for the full year."

[trentendboy] 25/6/2016 07:15

Bargain price at this levelDrop over done not least when you see where the revenues come from

[trentendboy] 21/6/2016 15:52

could not agree more

[rivaldo] 21/6/2016 12:11

Nice plug for SCH on T.M.F, and it doesn't even mention the $134m of cash and liquid assets (or £92m) - plus its figures for 2015 are completely incorrect!:



"Favourable outlook

Also offering upbeat earnings growth prospects is mobile and online payment specialist SafeCharge (LSE: SCH). It is forecast to increase its bottom line by 37% in the current year and by a further 14% next year following a disappointing 2015 where its net profit fell by 2%. As a result of this downbeat past performance, SafeCharge’s shares have fallen by 21% in the last year as investor sentiment towards the company has weakened.

This fall in valuation presents an opportunity for long term investors to buy in at a discounted price. The mobile payments solutions space offers a favourable outlook as it become more prevalent and with SafeCharge trading on a PEG ratio of 1, it appears to offer strong growth at a very reasonable price.

Certainly, it is a smaller company which could have a somewhat volatile share price, but for less risk averse investors it now looks set to perform well as an investment. This doesn’t mean that it will necessarily double in value, but it does mean that its risk/reward ratio is relatively favourable."

[trentendboy] 14/6/2016 10:01

Good to get the extra cash in - interesting that they only bought the stake in June last year - whatever they were trying did not work I guess.

I assume this means that all banking is now through Saxo Payments instead.

Interesting

[rivaldo] 14/6/2016 09:20

Excellent news. I assume this means SCH have achieved around EUR11 million or so extra cash from nowhere as un unexpected windfall.

And no reaction in the share price at all. Typical!

[5oletrader] 14/6/2016 08:56

Sale of Investment

SafeCharge (AIM: SCH), the global provider of payments services, technologies and risk management solutions for online and mobile businesses, announces that it has sold its minority stake in German based FinTech Group AG ("FinTech"), listed on the Frankfurt Stock Exchange (FLA.GR).

The sale of the stake, which was originally acquired by SafeCharge in June 2015 for a cost approximately EUR10 million and represented 5% of FinTech's equity, will result in the realization of a small profit for SafeCharge.

SafeCharge is pleased to advise that the Group is now successfully offering its retail and corporate customers comprehensive banking services through its partnership with Saxo Payments.