Safecharge Share Discussion Threads

[trentendboy] 21/5/2014 13:49

You sure you have the ratings right?

Based on current PE?

What are you using to rate by?

[dewtrader] 21/5/2014 13:48

might fall 40% to bring rating closer to OPAY

[trentendboy] 21/5/2014 13:43

One track mind for profits and hot women could be worse

Still banking on good returns here and as with all IPOs pricing is tricky.

[napoleon 14th] 21/5/2014 08:21

Yep, makes loadsamuney, but would I trust him?

Rather repetitive sequence of choice with the girls, too....
Israeli supermodel Bar Refaeli,
Esti Ginzburg, &
now seeing a former Miss Israel....but no others were mentioned.
One track mind?

[trentendboy] 17/5/2014 08:40

Nod, there is that but I do not think that SCH was ever properly part of PTEC and it would be hard for them to get traction outside of gaming sector if it was part of ptech.

My reading is similar in that this will be good for SCH but not really so bad for PTEC.

Using PTEC contacts to grow the business and increase market share is great. The LAD deal shows it works.

Results ahead of expectations but not reflected in share price just yet.

PTEC looking attractive at these prices.

You have to give it to Sagi. You may not like him as a person but he delivers

[dewtrader] 17/5/2014 07:51

yeah too many incestuous connections

[nod] 17/5/2014 00:30

This looks to me like another clever con by Sagi. With full control over PTEC he has been able to control the direction of PTEC's software development. Instead of PTEC investing some of its hundreds of millions in the equivalent software and services offered by SafeCharge, Sagi instead paid out big dividends, 50% of which went to him.PTEC instead invests in integrating its platforms with Sagi's company SafeCharge - effectively carving off a slice of what PTEC has been doing in house and should have continued to invest in as a natural extension of its products and services. When PTEC doesn't develop this end of its solution SafeCharge will be a better solution.Good for SafeCharge bad for Playtech.

[druinsky] 16/5/2014 21:58

When do the lock ins expire, is it true that institutions over £50,000 invested have been locked in at ipo. Is that regular?

[trentendboy] 16/5/2014 09:15

This share is still very much "off radar" but in terms of new IPOs and with the PTEC backing and networks it has a chance to make a name for itself.

This new hire with bring with him another large network from Worldpay.

Online wallets are not going away and will buy these alongside OPAY which are further down the line at the moment. Hopefully SCH can avoid their mistakes.

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SafeCharge International Group Ltd

16 May 2014

SafeCharge International Group Limited

("SafeCharge" or the "Company")

Trading Update and Senior Management appointment

SafeCharge (AIM: SCH), the international provider of payments services, risk management and IT solutions for online businesses, today provides the following trading update.

The momentum generated throughout 2013 has continued into 2014. Q1 2014 revenues were substantially ahead of Q4 2013 and better than expectations for the quarter, primarily driven by organic growth of existing customers. Further strong trading was recorded in April and for the first half of May.

The Company has continued to develop a strong pipeline of new business opportunities and gained significant new clients, including Gaijin Entertainment and Ladbrokes, which went live on the SafeCharge payment platform in Q2.

SafeCharge remains focused on geographic expansion and is pleased to announce that Mr. Praful Morar has joined the Company as Corporate Development and Strategy Director. Mr. Morar, who will report to the CEO, was previously Vice President of Vertical Market Strategy at Worldpay, the global payment processing company, and brings with him more than a decade of experience in the international payments industry. Mr. Morar's role will be focused on driving SafeCharge's international expansion plans in existing and new geographies.

Operationally the Company has continued to develop its core systems and progress projects such as its digital wallet and the integration with card schemes including MasterCard. The robustness and reliability of SafeCharge's systems was clearly demonstrated throughout both Cheltenham and the Grand National when the Company processed record transaction volumes.

The Board is very encouraged by SafeCharge's performance at the start of 2014 and looks forward to the year ahead with confidence.

-Ends-

[trentendboy] 12/5/2014 12:02

This is an interesting development. In theory PTEC with leverage this so that all of its customers sing up with SCH.

I am thinking of taking a position here - I may be underestimating SCH's chances of making a splash in this area.

Could this be the company OPAY are looking at as an acquistion?

-------------

Ladbrokes has partnered with London-listed online payment processor SafeCharge to strengthen its user data security and improve customer experience.

The online betting and gaming operator has rolled out SafeCharge's full range of payment technologies including one-click depositing, payment optimisation and PCI compliance.

"Our collaboration with SafeCharge helps us to improve customers' experience during the deposit journey with a significant relief to our regulation requirements cost and effort," the company's digital finance director James Bunn explained.

SafeCharge chief executive David Avgi said he was pleased to partner with Ladbrokes and offer its full suite of payment technologies and PCI descoping solution.

"Being chosen by Ladbrokes is yet another achievement for SafeCharge and demonstrates its trust in our superior technology and services," Avgi explained. "SafeCharge is committed to continuously advancing its technologies to meet the highest industry standards across our growing client base."

The partnership is the first to be announced since SafeCharge began trading on London's Alternative Investment Market (AIM) last month. The company completed an oversubscribed placing, raising $125m to fund its development and expansion, as well as the acquisition of payment service providers in Asia Pacific and the Americas.

Majority-owned by Playtech founder Teddy Sagi, the company currently works with a number of operators such as William Hill, Gala Coral and Rank Interactive.

[trentendboy] 26/4/2014 11:22

Interesting.

My reading was always that PTEC outsourced to safe charge

The pbt issue explains the PTEC fall

[dewtrader] 26/4/2014 10:49

payment processing requires probity which is now in doubt given what i have read from nod

wouldnt be surprised if there are a pile of middlemen in the SCH/PTEC supply chains each owned by Sagi and slicing off shareholder profit

[trentendboy] 24/4/2014 18:36

Possible. XML fell back 15 percent so good start. Was over hyped.

Less hype on this so no obvious reason to fall off a cliff except a general tech fall

[dewtrader] 24/4/2014 10:08

im thinking of shorting SCH too

[trentendboy] 07/4/2014 09:07

15 percent up today XML. Shorting now

[nod] 07/4/2014 08:19

TrentEndBoy - and big losses too!I haven't looked closely at XML. I'll try to spend time on it next weekend.

[trentendboy] 06/4/2014 09:25

Nod, be interested in your view on XML. Online gaming spam company but being hyped after last weeks IPO.

[trentendboy] 06/4/2014 09:19

Apart from that....all true but AIM stocks can be where the big profits can come from.

[dewtrader] 06/4/2014 08:29

nod,no work on the sabbath

[nod] 05/4/2014 23:24

TrentEndBoy - no I'll give SCH a miss. One of my New Year resolutions was to keep out of AIM companies (and some other places).Abysmal Corporate Governance, lack of shareholder information, dodgy dealings, disappearing assets, abysmal reporting, dodgy overseas shareholders, ... these are just a few of the reasons I'm avoiding AIM companies from now on.

[trentendboy] 05/4/2014 12:11

Indeed. Opay might want to watch out for sch

Nod. You tempted to take a piece of sch?

Nice divi policy.

I agree on the Sagi points. As a PTEC holder from around two pounds I am not too concerned. The issue is whether he really over paid. What he bought helped PTEC profits grow. Multiples were not outrageous.

[dewtrader] 05/4/2014 09:35

expecting it to beat forecasts -888 and ptec have seen massive upgrades and this piggies onto thta

[nod] 05/4/2014 09:23

PTEC was very up and down before it came to the main exchange early 2012 and then Sagi's shenanigans had to cease. From memory 2011 was a pretty bad year for PTEC shareholders. I think the main reason Sagi is now making an orderly exit from PTEC is that he can't milk it now. He still gets heaps in dividends though.

[dewtrader] 05/4/2014 08:30

if the share price goes up 10 fold on the way like Playtech then we will all be happy.