freedom-thirty5
19 Jan 2017
Issue of Equity > Following this issue of equity, the total number of Consideration Shares which have yet to be exchanged on a one-for-one basis into Ordinary Shares, is 1,285,258.---PAYS is going to buy back many more shares than that in the coming weeks. Not sure why 1,285,258 buyback shares can't be held in treasury for issue to the "vendor of FANS Entertainment Inc."Im generally OK with share buybacks, although I don't like it when it's associated with shares being given away (or sold at rock bottom prices to directors as sometimes happens), because that is the ultimate "buy high, sell low" scenario.
PacificSailor
13 Jan 2017
Re: AOL money It's never wrong to take some profits, and I think it is wise to have cash on hand for any buying opportunities created by trash reports.This is also a good time to remind myself that I want a well balanced portfolio. One day I might even achieve it. The last buying opportunity screwed that up!
Willow67
13 Jan 2017
Re: AOL money Hear you. It's a weak article.That said I don't feel I ever fully understand the dynamics around this company and I'm a touch unnerved by the short interest. I just took my profits from doubling my holding at 364 recently and have now come entirely out of the stock. Think I'll watch from the side for a bit on this. Hope it gets to and above 500 for you lot very soon!
PacificSailor
13 Jan 2017
Re: AOL money "Despite this, I'm not tempted to invest. This company has never paid a dividend, and I'm not sure I really understand the business well enough to take a view on its future. I believe there are better options elsewhere."That's a bit lame! If the writer doesn't understand the business then another analyst should have written a piece. What value is this piece to anyone?As for value, I think we'll be seeing 500p before long ..... although I prefer a company to grow organically as I hate goodwill accounting.
Willow67
12 Jan 2017
AOL money With profits set to hit $300m, is Paysafe Group plc oversold?Payment services provider Paysafe Group (LSE: PAYS) said this morning that it expects 2016 results to be "ahead of market expectations". The group's revenue is set to "exceed $1 billion", while adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) are expected to reach $300m for the first time.The bullish tone of this morning's update was probably also a response to December's short-selling attack, which wiped 16% off Paysafe's share price in one day.Doubts about potentialPaysafe's only response to the allegations made in December was that the information in the report, issued by an organisation called Spotlight Research, was either "factually inaccurate" or had "been previously disclosed".The group's share price has since recovered, and is now trading about 5% above the level reached before December's bear attack. One reason for this is that the group announced a £100m share buyback in the wake of the attack.In today's update, Paysafe said that the buyback programme would not compromise the group's ability to pursue "bold M&A opportunities". Payment processing is a business that responds well to increased scale. I wouldn't be surprised to see Paysafe make another major acquisition, following last year's deal to buy US peer Skrill.Despite this optimistic tone, Paysafe's share price hasn't responded to today's news. This suggests to me that investors may still have some doubts about the longer-term durability and growth potential of the group's profits.The outlook for 2017Paysafe's statement today included a summary of guidance for 2017. Management expects "low double-digit organic revenue growth" this year. The group's adjusted EBITDA profit margins is expected to be flat or higher.This guidance broadly corresponds to the latest consensus forecasts for the group, which indicate that revenue of about $1.1bn and earnings of $0.46 per share are expected in 2017. These figures put Paysafe on a 2017 forecast P/E of 10.4, which seems undemanding.Despite this, I'm not tempted to invest. This company has never paid a dividend, and I'm not sure I really understand the business well enough to take a view on its future. I believe there are better options elsewhere.
Tax Inspector
12 Jan 2017
Re: Predictions Willow - as I said the shorters will try to lower price in early trading, this is what's clearly happening. I'll probably top up in the next hour given the strong fundamentals of the business are undeniable. This will fly at some point over the coming days/weeks given that the shorters will be forced to close their positions.
Willow67
12 Jan 2017
Re: Predictions Pretty flat response from the shares!
paraguay63
12 Jan 2017
Re: Predictions Agreed Yertiz --- lets hope they get caught with their trousers down,Results above top end of expections, can't see why PAYS shouldn't get stronger. Any attempts to reduce SP are buying opportunities as far as I'm concerned.DYOR
Tax Inspector
12 Jan 2017
Re: Predictions I think we're in La La Land. Shares should absolutely fly and I will be singing all the way to the bank!
Yertiz
12 Jan 2017
Re: Predictions My prediction is that shorters will be burned badly this morning and normality returns to PAYS. Excellent news regarding 2016 trading figures.
Willow67
12 Jan 2017
Re: Predictions Looks like a strong update with revenues and adjusted ebitda both through the upper end of guidance. The only possible small negative is the "low double digit" organic growth expected in 2017 -- that said they have consistently raised guidance so I would hope they do much better than that. These results should support a x15 prior year multiple at the absolute minimum in my view
Willow67
11 Jan 2017
Re: Predictions It would be really nice to see some expansion in the PER back towards x20....x10 is crazy for a business like this; it shows there is a still a large degree of skepticism out there doesn't it
Willow67
11 Jan 2017
Re: Investors call Thanks for this sir
charlie51
11 Jan 2017
Investors call Some may want to use this
aysafe Group plc will issue a trading update (for the year ended 31 December 2016) on Thursday 12 January 2017.The company will host an investor call hosted by Paysafe CEO Joel Leonoff at 2
0 pm GMT on Thursday 12 January. Participants may join the call either over the phone or via a live online webcast. Dial-in number: +44(0) 8445718892 (UK) / +1 16315107495 (US)Conference ID: 51375527Audiocast link: [link] Joel Leonoff (CEO), Brian McArthur-Muscroft (CFO)Event: Paysafe Trading Update for the year ended 31 December 2016 Participants will be asked to register their names and companies when joining the call. -------
Tax Inspector
11 Jan 2017
Predictions Two predictions for tomorrow;1. Trading Update - if we are at the top end of Revenue guidance ($970-990m) and EBITDA guidance ($287-293m) then the shares should lift significantly. I'd like to see a 10% rise but more likely 5%2. The shorters will know this and want the stock to go into free fall before trying to close their positions. So I expect they will sell a lot of stock in early trading to prompt further panic selling by PIs. If this happens then it's a massive buying opportunity as the price should rebound quicklyI could be completely wrong but I don't see much opportunity for the shorters to close out their positions at a lower price other than by using some sharp tactics. If this isn't what they do tomorrow then no doubt they have other plans (e.g. publish further "research"
