Safecharge Share Discussion Threads

[nod] 05/4/2014 03:01

TrentEndBoy - the biggest issue is Teddy Sagi. He holds 66% of SafeCharge after the IPO. He is not a City favourite following his dodgy deals with PTEC in the early years of listing, using PTEC cash to buy his private companies at vastly inflated prices. No doubt he will be doing the same trick here. He also used tricks to increase his holding in PTEC by issuing more shares to pay for acquiring his own companies, so he ends with the cash plus a bigger holding in the listed company. Clever but not popular in the City. PTEC was kept off the main LSE until 2012 to enable these dodgy deals.From the client list it looks like mostly PTEC customers. It looks like there is a strong link between PTEC systems and SCH systems. I am guessing this connection is what wins business ahead of Optimal Payments.Only 31% of SCH floated so it is basically a private company wholly controlled by Sagi (who is a convicted criminal). These are similar to the reasons I stayed away from PTEC until 2012. It's okay to dabble in SCH but expect Sagi deals on the way.

[trentendboy] 04/4/2014 11:47

As far as I can tell potential yield now is around 2%.

This could rise rapidly with profit growth but also shrink pretty quick.

Might wait to see this pull back first (post launch hangover).

[trentendboy] 04/4/2014 11:22

Seem to be a number of issues.

1. Limited number of large clients so risk that one drops safecharge
2. Competition in the market OPAY are making strong progress in the same area.
3. Sagi on board - likely to mean no US entry
4. Sagi or other key investors might want to sell out.

The 50% dividend policy is good - what would the yield be based on last years profits? That is a key metric.

Too early to get yield numbers.

Interesting stock and could be taken over fairly quickly if it continues to make progress.

[opodio] 04/4/2014 09:36

surprised to see such a small premium

[jakleeds] 03/4/2014 11:15

An interesting new issue. Anybody invested in these?

[jakleeds] 03/4/2014 11:02

SafeCharge provides online merchants with comprehensive payment solutions which include secured connectivity to financial institutions, a hosted payment page with customisable, personalised checkout options, a risk management/fraud prevention platform and advanced back-office tools. The Group, which has over 500 active clients, has developed long-standing relationships with a broad range of financial institutions, including card acquirers and providers of alternative payment methods such as digital wallets, real time bank transfers and mobile payments.

SafeCharge is PCI-DSS certified (the highest level) and therefore authorised to process, transmit and store card holder data. This PCI-DSS status also allows SafeCharge to provide outsourced services to merchants wishing to reduce the scope of their PCI-DSS compliance burden.

The Group's key strengths

The Directors believe that the Group has a number of attributes which, collectively, differentiate the Group in the market in which it operates, including, but not limited to:

-- diversified client base as a leading supplier to merchants in the regulated European sports betting and gaming industry, retail securities derivatives and foreign exchange trading sector;

-- offers innovative solutions including "Cashier", an advanced customisable payment page;

-- award winning, robust technology;

-- a scalable, proprietary technology platform and business model;

-- a business-to-consumer Digital Wallet product expected to be launched in Q4 2014;

-- high margins and high levels of cash generation; and

-- "acquiring" status with MasterCard Europe (and application for equivalent status with Visa Europe) which is expected to lead to improved margins and competitiveness and reduce risks for the Group.

[francescad] 02/7/2004 14:29

I think we could see similar results here!

[quaff] 02/7/2004 14:15

Reminds me of that experiment they did on BBC2 working lunch where they asked two people with share knowledge and a six year old to pick a number shares and then monitired their progress over a number of weeks and the six year old won.

There's a message here I'm sure.

[francescad] 02/7/2004 13:31

The Schools' Challenge concludes at close of market today. Check out how the pupils have done by going to:

It's a close contest!

[francescad] 02/7/2004 13:29

The Schools' Challenge concludes at close of market today. Check out how the pupils have done by going to:

It's a close contest!

[garth] 21/6/2004 14:59

Thanks.

R they on the BB as well? 'cause that would explain a thing or two ;-)

G.

[francescad] 21/6/2004 14:51

Garth

Try refreshing the page, as it looks like a lot of people are trying to access it.

[garth] 21/6/2004 14:46

Couldn't get the page to load....

G.

[dontknowitall] 21/6/2004 14:37

Is that a share winner or a school winner?

hehe

[jonc] 21/6/2004 14:36

Excellent publicity.

[francescad] 21/6/2004 14:31

Anomalous

The students hypothetically invest £1000 each and we've capped the amount that we pay out!

[francescad] 21/6/2004 14:28

Dontknowitall

I have been petrified of including typos throughout this project!

The feedback from the teachers is that the children are really enjoying the competition and that they are actually learning a lot through it. One of the teachers created lesson plans covering lots of personal finance issues to coincide.

The project was covered in yesterday's Observer and the Financial Times and Evening Standard want to cover the story when we have a winner, so great for ADVFN too.

[dontknowitall] 21/6/2004 14:14

JonC LOL!!!



Excellent, Francesca.

In my opinion it's about time that something interesting was taught to these children, and of course there should be a spin off for ADVFN too.

For example it could well give help to some of those who find maths difficult, since they will now be able to see a live illustration of how maths applies in post school life and its relevance.

Good luck with it!

(PS - hope there aren't any typos or spelling mistakes here - don't want to set a poor example).

[jonc] 21/6/2004 14:13

Ta Francesca.

[francescad] 21/6/2004 14:12

Thanks. We barred their access to both Bulletin Boards from the start.

[jonc] 21/6/2004 14:06

Nice idea.

Catch em young.

Do these children have access to the FBB only there is a thread over there with a picture of a beheaded man.

Post 159:

[shirishg] 21/6/2004 13:58

We are currently running a stock market competition for schools.

The aim is for the pupils from the participating schools to learn about making money (and losing it!) on the stock market. The children have entered their chosen stocks into a specially created portfolio on the site. We will be turning their paper profit into real money and donating it to the schools.

Find out more about the competition and see how they are getting on by visiting:

[shirishg] 21/6/2004 13:57

We are currently running a stock market competition for schools.

The aim is for the pupils from the participating schools to learn about making money (and losing it!) on the stock market. The children have entered their chosen stocks into a specially created portfolio on the site. We will be turning their paper profit into real money and donating it to the schools.

Find out more about the competition and see how they are getting on by visiting: