alphatracker
08 Mar 2016
Re: Good results On PSD2, we are talking further down the line, may be 18 months ahead.Don't forget, google is your friend: "Merchant Acquirer PSD2"DYORAlphahunter/tracker
MyHobby
08 Mar 2016
SP Well I'm the stupid one for buying yesterday. I'll have to sit this out now. If there's a risk to their model surely it comes from the fragmentation of the automatic payments market and maybe the onset of Apple Pay. What I'm not sure about is the interaction of hardware and software. I've seen Ingenico hand-helds that flash up Worldpay on the screen. Can anyone elaborate?D
alphatracker
08 Mar 2016
Re: Good results Oh I do apologise, I very rarely post on iii, in fact the last time before was about 2 year ago I think. I tend to post on the other forum (ukadvfn).WPG was overhyped by the selling private equity funds ahead of the IPO, loaded it with debt, got Ingenico involved to prop up the price who wisely turn-down the asking price and 6 months down the line, yet WPG publishes numbers that exhibit organic growth just like any other payment processing companies, with still a high wall of investment ahead of them. In short: priced for growth and leveraged cash-flow generation, i.e./perfection .In addition, a few eyebrows raised today (US,...) and the SP gets back to where it should never have left.Have you noticed: hardly any institutional investors bought into the IPO.The conference call is worth listenning to.DYOR.Good luck.Alphahunter / tracker
turkey10
08 Mar 2016
Re: Good results The results look good the me and the company has excellent growth prospects. You expressed concern the other day and were invited to elaborate on this but nothing further from you.
alphatracker
08 Mar 2016
Re: Good results Are you trying to kid yourself?
turkey10
08 Mar 2016
Good results A very good set of results. Market has been harsh today but accounts complicated and the company is exactly as predicted in the IPO document. Dividend at end of year. A good buy today.
Spain Fund
08 Mar 2016
Re: Bought in @ 259.97 Glad I sold out on 15 Feb - read they were only making £20 million before tax on billion turnover See shares down below 279 as I write
MyHobby
07 Mar 2016
Re: Good price AlphaCould you elaborate on how PSD2 works and what effect it will have.
turkey10
07 Mar 2016
Re: Good price Results tomorrow. The next chapter in the growth story.
alphatracker
07 Mar 2016
Re: Good price I can see a POTENTIAL threat to their business model with the risk of disindermediation following PSD2
jlovie
10 Feb 2016
Re: Bought in @ 259.97 I got in at just under 254p - I'd been watching this, seemed too good to be true. It was even lower for a short while.
MyHobby
09 Feb 2016
Re: Back to October price. Still think it's too early to jump back in. Got to see if Deutsche Bank can reassure the market first.
kapita
09 Feb 2016
Back to October price. Looks like we are back to the October opening price. 2nd chance to get in at that price.
Spain Fund
09 Feb 2016
Bought in @ 259.97 Helluva drop, especially for financials, the last couple of days. Down 17% here earlier. Shares traded today more than three times normal.Vol / Avg. 13.33M/4.04M
MyHobby
08 Feb 2016
Re: Good price Still think it could go lower before buying back in.
