Safecharge Share Discussion Threads

[igoe104] 24/3/2017 08:58

OFF Topic.


Looking at your link rivaldo looks like NT, has joined me in purchasing RFX.

That's one for your watch-list.

[rivaldo] 24/3/2017 08:45

And furthermore....the Naked Trader has just bought in:



"First buy then is Safecharge (SCH) The company put out an excellent statement I thought this week. It is in the hot area of payments and has a mountain of cash.

On top of that it sensibly tells us likely profits to base a valuation on - and it is moving to secure higher quality customers - and it has also massively raised the dividend.

The share are tightly held so a bid might be difficult but surely one or two payment firms must be taking a look? "

[trentendboy] 24/3/2017 08:20

Definitely a good signMight follow him in with some stock repositioning

[rivaldo] 24/3/2017 07:32

A good sign to see the COO buying £12k of shares.

[igoe104] 24/3/2017 07:14

Good write-up from the COO.

[igoe104] 24/3/2017 07:08

Director Deals - Safecharge International Group (SCH)
By StockMarketWire | Thu, 23rd March 2017 - 16:55
Yuval Ziv, Executive Director, bought 5,095 shares in the company on the 22nd March 2017 at a price of 235.00p. The Director now holds 5,095 shares representing 0.00% of the shares in issue

[trentendboy] 23/3/2017 18:27

Sector really flying now

[silverfern] 23/3/2017 16:01

PAYs is up just over 1 %

[mozyali] 23/3/2017 15:49

Mr NT has bought more it seems!

[trentendboy] 23/3/2017 12:34

PAYS also flying - US regulation related I am sure. Something kicking off plus the good GVC resuls today and 888 yesterday.

All of their revenues mean more punters and more payments!

[rivaldo] 23/3/2017 09:36

Ticking up today.

The dividend yield is terrific, but imo this is one of those stocks where after long periods of consolidation something - usually yet another good set of results or a decent trading statement - coincides with a market where sellers have run out of stock.

This causes a large and sudden re-rating.

In SCH's case there's a good 50% or more upside imho.

[ntv] 23/3/2017 08:31

showing a yield of 5.57% in my portfolio so happy to buy at lower levels when the chance arises
not the highest i have but appears to be a solid yield backed by a large amount of cash
if they can grow organically then maybe in time the cash can be returned to shareholders
time will tell

[trentendboy] 22/3/2017 17:58

Least the strong yield is motivation enough even without capital gainsBe happy if share price was static for years if divi stays this generousOnly a matter of time

[slipperysidewinder] 22/3/2017 15:49

Have given up on this stock ever rising to respectable levels. Maybe they should move to a full listing to attract more instis and to enable Sagi to shed some more stock without upsetting the applecart.

[trentendboy] 22/3/2017 08:09

Target matches my projectionsThe surprise is that it is taking so long.Yield very attractive at the moment. A good chance to get in now to bag this yield for years ahead once share price rises

[rivaldo] 21/3/2017 23:37

Canaccord today reiterated their Buy and 320p target:



The same article notes that Berenberg also say Buy, with a 324p target.

[kryptonsnake] 21/3/2017 18:36

Quite a bit of selling today but it held up well. It might drift down a bit before it moves up.

[rivaldo] 21/3/2017 12:28

The IC says Buy today:



"Processing volume - the annual amount of money handled - was up at payment company Safecharge (SCH), increasing 17 per cent to $8.09bn. This is due to increase in the coming year, with over $1bn in annualised processing volume from new clients starting in 2017. Revenues and profit were also up. Buy."

[mozyali] 21/3/2017 10:25

Has anyone listened to the audiocast call which started at 9:30am? And of they have anything good or fresh come out?

[trentendboy] 21/3/2017 08:22

The model that Pays and Sch use is excellent imoTake high margin gaming profits to extend reach to more legit sourcesSure winners both

[esther1975] 21/3/2017 07:58

Definately on the cards for a takeover IMHO from bigger players with such good numbers and sound business

[igoe104] 21/3/2017 07:52

I love the word substantial pipeline.

This share is a sleeping giant.

David Avgi, CEO of SafeCharge, said:
"I am pleased to report a good set of results. It has been another year of strong performance in the core business and the Company has made positive steps with the implementation of its organic growth strategy. We continue to invest in our payment and risk platform to support future growth and are delighted that our customers recognise the benefits that SafeCharge's payments solutions bring to them.
"The Group is confident that its focus on delivering high quality revenue combined with a substantial pipeline of new business will yield further revenue growth in 2017 and build stronger profitable momentum in 2018

[rivaldo] 21/3/2017 07:46

Very good results - they look ahead of expectations to me in terms of EBITDA/PBT and perhaps EPS, though difficult in the latter case as SCH don't publish the adjusted EPS.

The £115m cash pile and the big 16.47c dividend reinforce the value here.

The outlook for 2017 is extremely bullish, and it seems to me the revised guidance for EBITDA is also ahead of current expectations:

"Following a successful year to 31 December 2016 and building on the strong trading and operational momentum achieved in Q4, the Group has made a good start to 2017. Transaction volumes continue to grow in our core payment processing and acquiring platform and the Group has a strong sales pipeline. The company continues to generate significant free cash flow, which is being returned to shareholders through the company's dividend. The Directors look forward with confidence to 2017 and beyond.

The Board is issuing guidance for 2017 with revenues expected to be in the range of US$115m to US$118m, and Adjusted EBITDA between US$36m and US$38m. This will be driven by continued growth from our existing client base and over $1bn in annualised processing volumes from new clients due to start processing in 2017. "

[eh9] 21/3/2017 07:43

Not exactly .com revenue growth rate

[kryptonsnake] 21/3/2017 07:34

Good results, pleanty of cash, no debt. Still looks undervalued to me.