Safecharge Share Discussion Threads

[gswredland] 30/1/2017 16:54

Here come the profit takers

[opodio] 30/1/2017 16:28

NT dumping?

[mozyali] 30/1/2017 16:25

Mate already in. Got it at 243

[slipperysidewinder] 30/1/2017 15:49

Mozy

Nows ypur chance to dip your to in.

[malcolmmm] 30/1/2017 15:39

NT has bought more, last buy on 24th January. Seems to rate them alot

[malcolmmm] 30/1/2017 15:19

Both companies buying back shares, coincidence?

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced that it recently completed a £4.29 million (USD $5.4 million) share buyback.

On January 23, 2017, it purchased for treasury 2,200,000 ordinary shares at a price of 195 pence per share.

SafeCharge has not announced a formal share buyback program, so it remains to be seen if this is a one-off purchase, or if the company has a larger buyback program in mind.

SafeCharge has seen its share price stuck near 52 week lows despite recently reporting record Q4 Revenues as itsTier 1 customer list continues to grow.

SafeCharge competitor Paysafe Group Plc (LON:PAYS) has had some fairly good results recently following its announcement of a planned £100 million buyback program. To date, Paysafe has spent about £8 million.

[johnv] 30/1/2017 15:13

About time NT sold out, he likes the quick gain.

[chrisha100] 30/1/2017 14:27

Re Paysafe, from latest Edison note on 17th jan

'Taking into account the buyback and the acquisition of Income Access, our net debt forecast for end FY17 increases from $31m to $169m'

The shorts over there worry me a bit. Our balance sheet here at SCH limits the downside imv.

[crazycoops] 30/1/2017 14:06

Thanks EH9, I will take a closer look. Net debt on Stockopedia is showing as £343m which was enough to stop me making a deeper dive. I like this sector, so I will dig a little deeper based on your comment, thanks.

[crazycoops] 30/1/2017 14:02

Igoe, nope, no facts just expressing my concerns as a potential investor (it keeps coming up on my screens). The business is pretty mysterious to me. They seem to have a complex network of websites that drive traffic to customer sites. The two examples I cited were similar in many respects until their methodologies were revealed. XLM might be totally legit and clean and I hope it is for the sake of those invested but it stops me investing - anyway back to SCH.

[igoe104] 30/1/2017 13:42

Crazycoops any facts to back up assumption or are you looking into a crystal ball ?

regarding XLM.

Like it or not business decisions aren`t based on looking in crystal balls.

[eh9] 30/1/2017 13:41

Pays is virtually debt free during 2017

[crazycoops] 30/1/2017 13:29

I am long SCH but have avoided PAYS and XLM. The former because of the debt and the latter because I fear they could become another Cupid or Blinx at some point - not saying they will but risk aversion keeps me out (great metrics though).

[mozyali] 30/1/2017 12:37

So gutted didnt press buy button on Friday, still worth getting into at 246?

[slipperysidewinder] 30/1/2017 10:40

Trent

With Sagi majority stake you would not get away with a bid under £4.

[onjohn] 30/1/2017 10:20

bell end boy,

you looked at XLM recently?

[trentendboy] 30/1/2017 10:15

Would be a good fit but a lot of the same customers. To me it makes sense, cheap, no debt, load of cash.Would need to offer over three though imo. Hopefully more

[malcolmmm] 30/1/2017 09:30

PAYS is making an acquisition hopefully it will be SCH

[larva] 30/1/2017 09:03

slippy

have a look at PAYS

Paysafe Group plc

Trading update for year ended 31 December 2016

Paysafe expected to surpass $1 billion revenue milestone in FY 2016

FY revenue and adjusted EBITDA expected to be ahead of market consensus



results 28 March

PE 9.5

[slipperysidewinder] 30/1/2017 08:58

Yes lets hope so. I notice that the rise this morninh was st zero volume. I think the market is now short of stock.funny that.

[rivaldo] 30/1/2017 08:27

Nice early rise. Hopefully the seller is now out and SCH will continue this run back up to 270p-280p at the least.

[slipperysidewinder] 28/1/2017 15:38

Thsnks ghf

[glasshalfull] 28/1/2017 09:03

Slippy - CROS -The undernoted article is probably best to provide an overview on the company.



Since published they've issued a t/s indicating organic growth, cost reductions & an ever increasing cash pile.

Kind regards,
GHF

[slipperysidewinder] 27/1/2017 17:17

Glass

What is your understanding of the crossrider strategy and just what is it's business exactly? If I can get my head around that then I'm more than likely a buyer.