paddington_bear
19 Mar 2016
Sound starting point? If I take an adventurous plunge on shares in difficulty, I prefer those with certain criteria;a) new leadership with a planb) low or nil debtc) profitable for prior yearsd) has previously or still does pay dividendse) share price reflecting (temporary?) adverse conditions.PAY meets all these criteria, so have plunged in a paw, comforted by a solid dividend whilst attempts are made to sell the last loss-making division, ramp up new EPOS throughout the empire and sort out potentially worthwhile deal with parcel deliverers. DYOR.PBP.S. For those who believe in him, Mr Woodford followed me in and now has 12%, which may partially explain the recent 35p rise in shareprice.
gamesinvestor
28 Jan 2016
Top up? Isn't there a worry amongst investors here, that topping up mobile phones in an over the counter manner like this will ultimately be a thing of the past? Surely there is a way of automating this without leaving the home?Look at the printer cartridge industry that automatically monitors your ink level and reorders for you. I just don't see this being a long term part of the business.Surely a 13.7% decline in mobile top ups can't be due to the warmer weather can it?Energy yes perhaps, but that also must be a future dead business with smart meters handling future billing and the number of pre-paid meters shrinking (assuming they are)?Games -- not unhappy to have sold this one.""""Paypoint’s third quarter revenues have dipped due to a decline in top ups and the unseasonably warm weather.The FTSE 250 company issued its third quarter results to 31 December on Thursday.While revenue excluding the cost of mobile top ups, SIM cards and other costs which are recharged to clients rose 1.8% to £35m, total revenues dropped 3% to £58.1mPaypoint said it saw 22.7% growth in retail services and 9.6% growth in Mobile and Online, however they were offset by a 13.7% decline in top ups and a 2.4% drop in bill and general revenues, with the latter mainly due to lower energy consumption.The company also said the adverse VAT ruling from HMRC previously reported as well as the unseasonably warm weather has slowed the improvement in its results.However chief executive Dominic Taylor said the company has made progress.“Retail services have grown strongly, our new terminal is in pilot in the UK and we have made good progress in developing our core epos software,” he said.“However, our progress has been partially offset by the unseasonably warm weather and its impact on energy consumption, an extension of the additional costs in Collect+ to facilitate the shareholder discussion and a delay in the sale of our Mobile Payments business.”Shares in PayPoint dropped 27p (3.25%) to 803p at 0939 GMT.- See more at: [link]
gamesinvestor
03 Oct 2015
Sold Decided to sell Paypoint on Friday.Having bought in early June I've made a small capital gain and collected a nice dividend, however, I'm becoming increasingly concerned with how fast the world of payments is developing and the sheer number of systems now on offer.I'm also an investor in PayPal which has world presence.I might be wrong on this decision, but with the eventual move to a cashless society and so many mobile and online payment options in the making I don't see a strong future for PayPoint.The collection and drop off parcel system is interesting, however, this can be handled by the Post Office or via many other store options like Argos etc, so it's heavily competitive. ATM's could come under more pressure as people surely will not want to pay a fee to get access to their cash.The other area that would be a concern is the payment of utilities. For those that don't have a bank account yes there is still a market, but I imagine this part of the market will diminish in time and with remote metering installed at most homes, payments will be largely fully automated.Please comment if you think the above is not the case, or there are other strong arguments for PayPoint.Games
II Editor
11 Jun 2015
NEW ARTICLE: PayPoint: Banking on the network effect "PayPoint is cleaving itself in two. In the short-term at least, the news that it will focus on its leading bill payments network is good.In full-year results for the year to 31 March 2015, PayPoint reported revenue up 3% on the previous ..."[link]
II Editor
29 May 2015
NEW ARTICLE: Share of the week: PayPoint decision causes price surge "Investment in online and mobile payment services has taken off over the last few years and LSE
AYayPoint has struggled to keep up. Now, bosses have decided to bow out of the market, to the relief of many in the City. Excited investors chased ..."[link]
alecro
29 May 2015
Re: Final results Agree results looking much better. With impressive new Director just appointed prospects changing and sentiment improving with sp recovery to past highs possible. Back in after watching for a while as sp looks good value now imho.
gamesinvestor
29 May 2015
Re: Final results Hi Mutandis -- Just joining the board here for the first time. Taking first look at Paypoint. Can you explain what happened to the company between results at end March 2015 which reported Revenue of £215M and Pre-Tax of £49.56M and the projections to March 2016 at Rev £130.63M and Pre-Tax increasing to £52.37?The revenue appears to have dropped off a cliff, yet the profit is projecting upwards.Or is this a mistake on the part of digitallook?Games -- starting to read up.
mutandis13
28 May 2015
Final results Good results: EPS up 9.1%, excellent FCF and a 26.1p final dividend up 9.2%, making 38.5p for the full year, an increase of 9.1% and covered 1.49x by earnings and 1.3x by FCF.[link]
mutandis13
18 May 2015
Partnership with Capita PayPoint partners with Capita to extend range of payments available through its network:[link]
mutandis13
29 Jan 2015
IMS A mixed update - good cash flow, but disappointing news on the VAT ruling: [link]
