Safecharge Share Discussion Threads

[slaccs] 18/10/2017 13:58

Seeing what happened to WPG and PAYS, no one is going to get rich hoping for an offer to come in.

[trentendboy] 18/10/2017 13:34

About time. The PAYS deal will keep this at the front of Private equity attention

[rivaldo] 17/10/2017 22:52

Over 300p now -new closing highs.

[ntv] 16/10/2017 19:27

nearly to 300
pleased with this especially after receiving the dividend

[trentendboy] 16/10/2017 19:09

No doubt given dividend payment that this could go s lot a furtherThe limited free float is not ideal but does mean share price moves very fast on any serious buyingPlus aggressive dividend means Tedi gets a massive cash injection every year

[gargleblaster] 16/10/2017 17:24

Impressive to see the share price gapping up on open. Could indicate plenty of upward road ahead even after the great rally!

[trentendboy] 16/10/2017 08:52

Yes, good start to the day.Should get over 300 this weekThe lack of quality independents means that this is a rare asset in this area still up for grabs

[igoe104] 16/10/2017 07:54

Good to see the momentum continue here, whilst ive been away.
hopefully SCH will pass £3 in the next few days.

[trentendboy] 13/10/2017 17:29

It is good to see the nice move up. Tight holdings mean there is just not much free float about

[trentendboy] 13/10/2017 17:28

To say SCH shares are tightly held is an understatement.Explains the generous dividend payments

[nimrod22] 13/10/2017 13:50

Suspect the share price may have peaked today, slight retrench before running up again...

[rivaldo] 13/10/2017 12:20

Good to see 301p being paid for stock now.....

[rivaldo] 13/10/2017 08:46

More new highs after four small-ish buys this morning.

Harrywilliam, looks like it.....

[fizzypop] 13/10/2017 08:46

Divi payday today.

[trentendboy] 12/10/2017 18:35

Whole sector is flying today on the back of gvc resultsIt is true that PAYS cannot benefit so to get some of this action SCH is really one of the best games in townTO chance here as well imo.PAYS was a steal though for the private equity. Disgrace really

[fxbootstraps] 12/10/2017 15:22

Dividend tomorrow.

[harrywilliam] 12/10/2017 15:02

Rivaldo is this the breakout we've been waiting for ....this time

[rivaldo] 12/10/2017 15:01

New highs now.

Cheers LG. However, imo SCH's rise is much more to do with its inherent cheapness - combined with PAYS funds finding new homes in sector comparators, and perhaps the end of a seller or two - than anything to do with Share Prophets (particularly as they're now subscription-only and I'd guess have lost a load of readers).

[lord gnome] 12/10/2017 14:41

The sudden jump may have something to do with a prediction that Share Prophets were going to do one of their big 'SHORT' reports on PLUS today. They have just gone for BCA instead much to my personal relief.

[rivaldo] 12/10/2017 14:30

Around £110,000 of net buys today have at last caused a tick up and a closing of the spread.

Hopefully the dam is about to burst and we'll see new highs soon.

[rivaldo] 11/10/2017 12:35

RNS just out re a new contract win - worth noting the size of the new customer as noted below:



"Goldmoney Inc. selects SafeCharge to further expand its Online and Mobile Deposit Options

SafeCharge (AIM: SCH), a leader in advanced payment technologies, today announces it has been selected by Goldmoney Inc. (TSX:XAU) ("Goldmoney"), a precious metal financial service and technology company traded on the Toronto Stock Exchange, to further expand its online and mobile deposit options. By integrating Goldmoney's new platform to SafeCharge's Payments Engine, Goldmoney will provide its customers with access to both cards and alternative payment methods, such as WeChat Pay, Alipay, SEPA, UnionPay, and additional payment integrations, enabling them to expand their global client access to vaulted gold, silver, platinum, and palladium."

"Goldmoney Inc., a financial service company traded on the Toronto Stock Exchange (TSX:XAU), is a global leader in precious metal investment services and the world's largest precious metals payment network. Safeguarding nearly $2 billion in assets for clients located in more than 150 countries, Goldmoney is focused on a singular mission to make precious metals-backed savings accessible to all....

etc"

[rivaldo] 10/10/2017 10:12

Indeed - I own XLM and TAP. I also own IMO, another mobile/digital communications stock, which is now on the rise after being tipped this weekend.

Barclays' initiation of coverage of SCH with a Buy and a 310p target is covered here - I suspect that they've started with a conservative price target which will enable them to upgrade later. The comments here about all the potential triggers for further upside hint further at this:



"Barclays initiates coverage of SafeCharge

Barclays has initiated coverage of payment solutions provider SafeCharge (SCHS) and believes there is long-term value if investors can see past a short-term transition.

Analyst Gerardus Vos initiated coverage with a ‘buy’ recommendation and a target price of 310p on the shares, which were up 1.2% at 288p yesterday.

‘As an online payment processor and acquirer, with a history of high growth, SafeCharge is seemingly attractive to investors looking to deploy the proceeds of recent sector consolidation,’ he said.

‘However, it is in the midst of a transition to reduce some high-risk exposure to improve its investment grade and this has resulted in two years of stalled earnings growth.’

Vos predicted that the company would continue to reduce its risk exposure and therefore his earnings forecasts were below consensus, but longer term there is value.

‘Longer-term we see value in the group, particularly if it deploys its substantial cash balance, sees a sell down by its majority shareholder or participates in ongoing sector consolidation,’ he said."

[johnv] 10/10/2017 08:35

What about TAP

[longwell] 10/10/2017 07:44

here and playtech and xlm have all benefited from pays money released imho.
if you like the sector the choices remaining are dwindling.
curious if anyone has any other shares they like in this sector I may have missed ?
looking into oil companies now as well, looks like stability and slowly rising oil price has signalled the bottom of the very long downward trend.
love this share though, dividend great and hopefully unlike pays will reach its potential if their board aren't crooks.

[trentendboy] 09/10/2017 13:36

Can only help