Safecharge Share Discussion Threads

[trentendboy] 05/10/2016 17:22

Anything around 14p gives a very impressive yield at the current share price - given the zero interest rates this is stonking.

Got to resist....

[johnv] 05/10/2016 13:52

Spread is 217/224 but dummy buy gave me 220.5p, wondering if some of the sells are buys

[friendofslippery] 05/10/2016 12:59

I think if they are not going to acquire then they should announce special dividend as a reward to patient longs then they will also have no problem fundraising at a later date.

[crazycoops] 05/10/2016 12:51

Indeed, it seems such good value at this price but I am in danger of going too overweight if I keep buying.

[trentendboy] 05/10/2016 11:14

An insane dividend.

I keep buying the dips but there is a limit :-)

[johnv] 05/10/2016 10:48

Last years interim and finals were both up 39%, this year interim is up 75% expect final to be up 75% to give total of 19.8c (about 14,9p giving at the moment 7.3% divi)

[friendofslippery] 05/10/2016 10:44

Sisal are indeed a major player in the payments and gaming industry. 17 bn euro turnover forecast for 17/18. Although I'm not sue how much of this is online.

I see this as a gateway deal firmly cementing Safecharge firmly within gaming. It should have a major positive knock on effect.

Strong buy

[johnv] 05/10/2016 10:42

Interesting post here about M & A
hxxps://www.leaprate.com/2016/09/safecharge-sees-record-revenues-and-ebitda-in-1h-2016-ma-activity-imminent/

[friendofslippery] 05/10/2016 10:30

I agree, but this stock is a major beneficiary of Sterling's hammering and this should be reflected in share price It's ludicrous.

[trentendboy] 05/10/2016 10:05

A good deal signed today - these are the Italian big boys.

Agree on the above post - something was poorly managed there - I think a focus on the core activity should turn around profits

[friendofslippery] 05/10/2016 08:55

I wasn't too happy when the company aborted the Fintech Group deal and sold it's holding. There wasn't even s RNS. It struck me as being a very messy experience all around for both companies and didn't reflect well in my opinion. Something went wrong somewhere. The bottom line is that the company made a major error of judgment. Luckily for Safecharge, due to its size, this was never set upon by the media. But I feel it most certainly had had an impact on the share price over the last 6 months or so. I think the whole debacle is one of the reasons for recent lack of corporate activity here. Even though we managed to make a small profit on the Fintech Group stock, the management are obviously wary of pursuing other potential targets

[friendofslippery] 04/10/2016 23:23

Possibly John but I think more of a liquidity issue.

On another tack, the company needs to spend some money as they are beginning to look as though they cannot identify the next piece of the jigsaw. They need to buy or hand some cash back to shareholders.t he exchange rate has given them a large percentage extra in cash.

[johnv] 04/10/2016 19:05

Wonder if it is the statement in the interim " in the second half will be more moderate than the first"

[friendofslippery] 04/10/2016 18:08

Just can't fathom this out. It's dropped 20% since results that in my view where pretty good.

The further devaluation of sterling should have sent this soaring.

[johnv] 04/10/2016 17:01

Were back to the low just before the referendum,

[trentendboy] 04/10/2016 15:10

Yes. Pays related to ibm I suspect

[johnv] 04/10/2016 14:12

Pays doing well, this one not so. Mostly sells

[trentendboy] 29/9/2016 17:02

XD will explain the fall.

Looking like another good entry point. I am building a pretty large holding here - I think there chance for a large jump is real and the yield is actually very impressive and worth buying for that alone IMO

[trogerswinning] 29/9/2016 10:31

Until liquidity improves, this will continue to trickle down.

Still think fundamentally it is a great business.

[jarega85] 29/9/2016 09:37

It's all very quiet over here. I've been surprised by the decline in the share price since the results, this looks too cheap to me as it stands. Surely this has to bounce soon?I've been reading the interim results again and the new clients onboard will only bring further growth.I'm heavily invested in PAYS but been quietly watching here for a little while and being doing a little research here and there.Any thoughts on why such a decline in the SP? Also any thoughts on the £100m in the bank, could/should this not be put to better use and therefore possibly a view aspirations are low?

[trentendboy] 22/9/2016 09:25

Bit of a "cliff fall" here. Must be some institutional selling IMO and given the liquidity issues this can lead to large falls.

I wonder if this fall will trigger some more "buying own shares".

[trentendboy] 20/9/2016 11:37

Some movement today - hope to get back to the 60s again soon.

PAY moving today so it looks like some sector movements no doubt corporate related

[trentendboy] 19/9/2016 09:06

Hopefully a move back up. Had to buy more on Friday - the yield and 75% of EBITA is exceptional.

Hard to get 3% a year (and growing) these days and this share has pots of cash and no debt so the divi should be safe.

Reminds me very much of GVC when they were starting out and paying a high dividend.

If it performs anything like GVC it will be a very good investment.

My worry is that SCH will get taken out sooner rather than later and whilst that is good for capital gains it kills the dividend