Tax Inspector
10 Jan 2017
Rated BUY by The Times The article states that the climb in share price is likely to continue after the shorting shenanigans.
Willow67
10 Jan 2017
Re: SCSW comment They won't be making an acquisition whilst they are trading at x10 earnings! They bought Skrill for x13.5 prior year and x9.5 after factoring planned synergies. I reckon they'll need to be trading nearer 475-500 before a big acquisition could be viable. Cheers to that
Yertiz
08 Jan 2017
Re: SCSW comment The Momentum Investor come from the same stables (same editor ?) as SCSW, they also are pushing PAYS. I'm with them on this.
charlie51
08 Jan 2017
SCSW comment SCSW is a subscription newsletter - I very reluctantly post comments from the latest edition (7 Jan 17) as others, including me, pay for it. Given the nature of the shorting attack I do so now though. The editor's early day views on PAYS, when it was OPAY, first encouraged me to invest. Fair to say he has followed the company for some years and knows it better than most. It may be of interest.'Another on a low PE is Paysafe, barely 10x this year’s eps forecast and it has a trading update this month. The stock was hit by an anonymous shorter making misleading claims over its Asian business, which is processing gaming for Bet365 in China, a grey market. This was sucker bait for nervous and highly margined investors causing the shares to fall. Paysafe says the claims are unfounded and even if Bet365 revenue was to be zero, the PE is 12. Meanwhile it has availed of the situation with an aggressive £100m share buy back. Its cash generation remains phenomenal, with almost 100% conversion of profit into cash and after a wild gyration, the shares are bouncing back. With brokers now saying it has perhaps scope for a US$1bn acquisition, the PE could drop even lower if the right deal comes along.'
PacificSailor
04 Jan 2017
Trading Update 12th Jan According to the company site there will be a trading update on the 12th Jan.Hopefully this will cause some pain for the shorters!
PacificSailor
30 Dec 2016
Shorting There is still over 5% of shorts listed on shorttracker.co.uk. Most of the shorts were accumulated after the August rise in the share price. Only a few have been bought back since the recent fall.Just by a quick visual comparison of the share price chart and the chart of shorts, it would seem to me that the shorters are still 'in the money' ... in profit .... However with the company's stated position to buy back its own shares, and the presumed need for the shorters to cover their shorts, I can see little downside to the share price in the near future .... and hopefully a good deal of positive headway in January.On the other hand have the shorters got something up their sleeves?
charlie51
30 Dec 2016
Re: Buy back and O/T Investor relations! I see a significant difference between IR and PR. Too many companies rely on just PR. IR is whereby the board actively engage with their shareholder base both PIs and IIs - and way too few do it well. Sorry I'm sure you are more than aware of this - but it's a pet bugbear of mine!
claude reins
29 Dec 2016
Re: Buy back and O/T IR (industrial relations?) or PR? Lol.
charlie51
29 Dec 2016
Re: Buy back and O/T For 'leveraged' I, of course, mean 'geared'….
charlie51
29 Dec 2016
Re: Buy back and O/T Thanks for that. The SCSW write up got me interested - particularly as a leveraged play on a relatively fixed cost base. The emphasis on growing the business in the US with its far larger market appealed also (costs in £, revenue in $ etc..,). The US website is worth a read - a number of very good profile customers and very positive references. The twitter feeds also seem to indicate good customer take up. On predicted numbers (I would like more detail, but getting any response from Cenkos is nigh on impossible) it still looks reasonable value despite the recent rise (again Cenkos look to have priced this far too low).Maybe the potential is about to be realised - I gained the impression from my research that traction and momentum were definitely building. It should be a major beneficiary of sterling's weakness. Next set of results might evidence that. Not sure when these will appear, possibly some sort of grading statement will appear end January. They need to sort their IR out as transparency on this is not what it could be.
claude reins
29 Dec 2016
Re: Buy back and O/T Not sure about Filta. Looked at it for a possible active work possibility for a friend. They have been going for a long time - since 1992 - and havent reaqlly taken off, even though the younger member of the family has moved to the US. Good vibes, but not great results. Would be interested in your thoughts. Great potential - fantastic numbers, small achievements relatively - not great numbers. AIMHO.
charlie51
28 Dec 2016
Re: Buy back and O/T They did - I'll b intrigued on their view post the shorting saga. SCSW has been consistent supporter for some time (and thanks to them for my first entry at 75p - thigh some ill thought out selling on my part hasn't made the investment the spectacle in my portfolio it could have been). O/T…fwiw, did you look at Filta also made mention of in the same issue? I noted that the editor has bought in. Having done some research it looks like a real 'where there is much, there is brass' investment. It may also, I suspect, feature in the NAPS for 2017 at SCSW.
claude reins
28 Dec 2016
Re: Buy back In last month's Small Company Sharewatch - before all the shorting/reporting (if it can be called that!), - indicated that they may well be regarding this share - still in their portfolio thoiugh they part top sliced - as an inclusion in their NAPs for 2017.
charlie51
28 Dec 2016
Re: Buy back The buy back, a good trading statement next month (an there is no reason to suspect it will not be) and a thorough rebuttal through action of all things the snorters have said should see it well beyond 450p in 2017 - on fundamentals and growth this is a real value share. And then there are the benefits to be derived from other acquisitions going forward.
Willow67
28 Dec 2016
Re: Buy back I think we'll be back there at some point this year. I've just taken the plunge and doubled my holding and will hope to trade out of it in the low to mid 400's sometime!
