Safecharge Share Discussion Threads

[rivaldo] 12/4/2017 09:57

Another new client win:



"LONDON, April 11, 2017 /PRNewswire/ --

Daily Fantasy sports platform Sportito has engaged in a partnership with SafeCharge, global provider of payment services with more than 12 years of experience in its business. Sportito is now processing all the web and mobile transactions with their customers through the services provided by SafeCharge. The partnership will allow SafeCharge to offer an effective and efficient payment service for Sportito users.

SafeCharge has been operating since 2007, with certification of Payment Card Industry Data Security Standard. The Group has introduced innovations in payment technologies for online and mobile transactions to make it stress-free for the businesses and their customers.

With proprietary technologies and methodologies provided by SafeCharge, Sportito will be able to improve the deposit and withdrawal process of their users. This will also provide a secure service to protect the users from scams when using their card back online on Sportito. It has improved the experience by integrating systems to give more choices such as the option to use different currencies for the deposits and withdrawals of the users.

Commenting on the partnership, the CEO of Sportito Riccardo Mittiga said, "We have decided to use SafeCharge for our transactions because of the advanced technologies SafeCharge uses to make the deposit and withdrawal experience better for the customers. I'm sure that this partnership will make life easier for our users and will support our growth too."

Sportito have other amazing partnerships coming up in the near future to provide the best platform for the Daily Fantasy Sports fans in Europe. With every partnership, they become stronger day by day.

About Sportito:

Sportito was launched in August 2016 and has come a long way with partnerships with two English Football clubs as their Official Fantasy Sports Partner. Burnley FC in Premier League and Fulham FC in Championship had signed their deals with Sportito not so long ago, to bring a unique Daily Fantasy Sports experience to their fans. Sportito is now operating in the UK with Gambling Licence from UKGC and will be operating soon in other countries in Europe, once their licences are approved from Malta and Italy."

[rivaldo] 10/4/2017 11:49

The new April issue of Master Investor magazine has set up a portfolio of 10 high yielding AIM-quoted small caps which might grow "from acorns to oak trees".

Amongst them are SCH (and XLM, which I also own) with 5%+ yields, though neither are featured at length in this first feature:



"While AIM shares might trade at a low price for many reasons other than a market downturn, investors should reprice high yielding stocks eventually regardless of their size if they are of sufficient quality. So there should be a decent chance
of the method working in a smallcap context and there might also be the opportunity for enhanced gains given the higher growth potential of smaller companies."

[rivaldo] 07/4/2017 08:27

New recent highs now....

[rivaldo] 06/4/2017 11:54

Breaking upwards now into new recent territory? Almost £100,000 of buys a half hour ago in the space of two minutes.

[rivaldo] 05/4/2017 12:09

Nice £57,000 buy just now at 260p caused the tick up. A long way to go though imo.

[rivaldo] 31/3/2017 11:01

New study commissioned by SCH shows "that payment outages and downtime are causing frequent disruption to merchants' bottom line and growth abilities":



"Every second a merchant's payments system is down means abandoned baskets, lost revenue and reputational damage. The research clearly shows that a reliable and transparent payments system is crucial to not only a merchant's bottom line but also customer experience. It's no surprise that customer confidence within a merchant erodes after experiencing payment friction due to downtime," said Shemer Katz, Chief Marketing Officer at SafeCharge.

"There is a compelling need to provide new payment processing capabilities which enable optimal uptime and availability. SafeCharge has developed a fully featured proprietary payment platform connected directly to payment card schemes, therefore not depending on third parties, ensuring maximum reliability of its services."

[rivaldo] 30/3/2017 10:13

...and another £26,000 just bought at 261p.

[rivaldo] 30/3/2017 09:34

Good to see a £10,500 buy just now at 261p, above the published 260p offer price.

[rivaldo] 29/3/2017 09:37

Canaccord say Buy with a 320p price target:

[rivaldo] 28/3/2017 23:20

Cheers ssw.

Looks like someone sold £384,000 at 256p into the rise this afternoon. Perhaps the end of an overhang.

[slipperysidewinder] 28/3/2017 10:57

Great post Rivaldo. And no mention of the likely businees to be picked uo from the miriad of brokers now serviced by Playtech's new financials devision.

[rivaldo] 28/3/2017 10:01

Excellent new article from Opus Capital about Safecharge - "severely undervalued":



Conclusion:

"Payment Processing Industry Garnering Attention

Though many smaller players operate in various parts of the payment ecosystem, the company that is probably the closest proxy for SafeCharge is Adyen, which is privately held. Adyen is owned by a who’s who of PE and VC firms, including General Atlantic, whose portfolio includes Snapchat, Airbnb, and Uber, not to mention the secretive Iconiq Capital, which counts among its clients tech legends such as Mark Zuckerberg and Jack Dorsey.

While Adyen is more of a known quantity, given its Silicon Valley ties, SafeCharge’s initiative to move into additional verticals has the potential to boost its profile, as well as its valuation, into Adyen’s stratosphere. Adyen’s $2.3 billion valuation in 2015 occurred in a year when its CEO was targeting profits of $45 million. By way of comparison, SafeCharge earned approximately $23 million in 2015. Whether applying this sort of private market multiple or looking at publicly traded peers, SafeCharge appears severely undervalued, and its growth initiatives could help push it beyond a $1 billion market cap, more than double its current capitalization."

[rivaldo] 28/3/2017 08:39

Cheers shauney2. Moving up again today...

[shauney2] 27/3/2017 14:31

Cheers for posting rivaldo.

[rivaldo] 27/3/2017 14:14

FYI the IC tipped SCH last week as follows - an ex-cash P/E of just 9...

"Payments services company Safecharge (SCH) has continued to grow at an impressive rate. Its processing volumes - the value of transactions handled by the company - reached $8.1bn (£6.5bn) in 2016, up 17 per cent. This was due primarily to growth in volume from existing clients, supplemented by the addition of new high-volume customers. The group also expects a further $1bn in annualised processing volumes from clients during 2017. The group’s dedicated platform, SafeCharge Acquiring, also grew strongly, with volumes of $970m for the year, up from $191m in 2015.

The restructuring of the group's Pay.com pre-paid cards business, other cost reduction initiatives and the higher revenue helped improve adjusted cash profit margins to 32 per cent, from 31.2 per cent in 2015. This measure is especially important given that the company continues to pay out three-quarters of adjusted cash profits as dividends.

The group is looking to diversify into new sectors and geographies. During the year, it began the global rollout for its first airline customer, as well as taking on new customers in Romania, Italy and Portugal.

Analysts at Canaccord Genuity are forecasting adjusted earnings before interest, tax, depreciation and amortisation of $36m, giving adjusted diluted EPS of 23¢ in 2017 (from $33.3m, 20.7¢ in 2016).

IC VIEW

Safecharge is growing strongly, and the cash position on its balance sheet remains strong. Excluding that cash, its shares are trading on a forward earnings ratio of nine. Given the yield on offer, it's hard to say no. Buy."

[piwood] 24/3/2017 16:07

NT is not a new buy but a top up to existing holding

[dolores123] 24/3/2017 16:04

Thanks rivaldo - the rise in the bid brings me to breakeven. Always nice on the first day.

[wanttowin] 24/3/2017 16:03

Thanks Riv, I kind of do the same, but just noticed that on SCH the bid was always quite some way below the reality.

[rivaldo] 24/3/2017 14:55

Welcome Dolores.

Wanttowin, there's usually a big difference between the MM offering the best price and those offering the published "outside" prices. If I'm thinking of buying or selling a stock I always ignore the published spread and go online to check what's really happening. I hope that sort of answers your question :o))

[slipperysidewinder] 24/3/2017 14:42

Yes most certsinly nsked followers.

[trentendboy] 24/3/2017 14:20

Small buys may well be naked followers (so to speak)

[dolores123] 24/3/2017 13:50

I'm in having bought a few this morning.

[wanttowin] 24/3/2017 13:03

Riv, do you know why the displayed bid is 240 yet a real time sell ( at the mo ) is 246.2 ??
It has been like this for a few days now, the bid well below real time price.

[rivaldo] 24/3/2017 11:54

Loads of small buys coming in, and now starting to impact on the share price.

[trentendboy] 24/3/2017 09:56

He must read these threads - just repeating what some on here have been saying for a while.

The tightly held share issue will matter for TO opportunity as they have to want to sell.

Does mean they will ask for a good price which benefits all of us