HARRYCAT
- 10 Nov 2015 08:42
Greyhound
- 01 Mar 2016 10:50
- 43 of 67
With a market cap of £1.9bn this should not be a problem. I had in mind rightly or wrongly the threshold was something like £660m.
Greyhound
- 04 Mar 2016 07:22
- 44 of 67
Included in FTSE250 yesterday.
HARRYCAT
- 21 Mar 2016 07:58
- 45 of 67
Paysafe begins trading in FTSE 250 Index
LONDON (21 March 2016) - Paysafe Group plc (LSE: PAYS), a leading global provider of payment solutions, is joining the FTSE 250 Index from the start of trading today.
Paysafe's inclusion in the Index was announced by FTSE Russell on 2 March 2016. This follows Paysafe's admission to the premium listing segment of the Official List of the UK Financial Conduct Authority and to trading on the Main Market for listed securities of the London Stock Exchange on 23 December 2015.
Paysafe President and Chief Executive Officer Joel Leonoff said: "Today marks yet another milestone for our growing payments business. We are delighted to be entering the FTSE 250 following the strong performance over the past year as our business continues to mature."
Greyhound
- 21 Mar 2016 15:20
- 46 of 67
Heading nicely higher again today. I should be top-slicing but wish to carry on running it for the time being as potentially more upside and better synergies with Skrill to come.
Greyhound
- 06 May 2016 09:10
- 47 of 67
Hopefully the consolidation is a healthy one - good to see Canaccord today with buy tp 460p
Greyhound
- 25 May 2016 08:11
- 48 of 67
Well those numbers should provide a shot in the arm...
Greyhound
- 25 May 2016 08:50
- 49 of 67
Morgan Stanley target price 500p
HARRYCAT
- 26 May 2016 10:11
- 50 of 67
Citigroup today reaffirms its buy investment rating on Paysafe Group Plc (LON:PAYS) and set its price target at 510p.
HARRYCAT
- 10 Aug 2016 07:36
- 51 of 67
StockMarketWire.com
Paysafe Group has materially improved its H1 pretax profit to $74,551, from a year-earlier profit of $4,593.
Revenue had more than doubled to $486,739, from $223,023, with fees from payment processing, digital wallets and prepaid substantially up on the year.
President and CEO Joel Leonoff was upbeat about the results.
"We have again delivered very strong growth as our increasingly diversified payments business expands further across pay-before, pay-now and pay-later products and services," he said in a statement.
"I am particularly pleased with the level of cash generated during the first half.
"Additionally, by completing the integration of Skrill more rapidly than we initially expected, we have been able to start work on developing our next-generation data platform and global merchant onboarding capabilities earlier than anticipated.
"With the exceptional performance delivered in the first half, as well as continued strong trading in the early part of the second half, management and the Board are confident in the Group's prospects for the full year."
HARRYCAT
- 11 Aug 2016 08:30
- 52 of 67
Deutsche Bank today reaffirms its buy investment rating on Paysafe Group Plc (LON:PAYS) and raised its price target to 550p (from 500p).
Morgan Stanley today reaffirms its overweight investment rating on Paysafe Group Plc (LON:PAYS) and raised its price target to 560p (from 500p).
HARRYCAT
- 01 Sep 2016 08:30
- 53 of 67
StockMarketWire.com
Paysafe is expanding its product capabilities by acquiring Income Access Group, a pioneering affiliate technology business, for CA$40m cash.
Income Access is a market-leading brand providing innovative affiliate technology for businesses to manage their performance marketing programmes.
In addition, more than 25,000 affiliates use the company's multi-channel software for their marketing campaigns.
Income Access was founded in 2002 and is based in Montreal with employees in Vancouver, London and Brisbane.
3 monkies
- 01 Sep 2016 08:48
- 54 of 67
They would go up today after I sold some yesterday - sods law. However still got sufficient. I hope everyone out there is okay.
HARRYCAT
- 08 Nov 2016 07:30
- 55 of 67
StockMarketWire.com
Paysafe Group said it is on track to achieve the upgraded revenue and adjusted EBITDA projections for the current financial year, which it set out at the time of its H1 results in August.
Its expectations for revenue and adjusted EBITDA remained unchanged, with revenue in the range of $970m-$990m, and an adjusted EBITDA range of $287m-$293m, based on an adjusted EBITDA margin of 29.6%.
This would be while "maintaining our focus on further expanding our payments business and enhancing our core technology platform," said CEO Joel Leonoff in a statement.
"We remain focused on delivering innovative payment solutions that serve the evolving needs of the merchants we work with and look forward to updating the market on our FY 2016 results in early 2017."
HARRYCAT
- 13 Dec 2016 11:42
- 56 of 67
Sp down 25% at the moment. Apparently large short positions rumoured to be driving the price down. No immediate reason for the heavy shorting.
EDIT: This may be the answer:
http://seekingalpha.com/article/4030093-paysafe-material-risks-regulatory-enforcement-action?auth_param=nmd8l:1c4vhl6:784e5830e267ff7b26b5f67f46e7c86f&dr=1
jimmy b
- 13 Dec 2016 14:53
- 57 of 67
I don't know if this makes you feel better ...
Response to share price movement
Paysafe Group plc (LSE: PAYS, the "Company") is aware of a report published this morning by an organisation called Spotlight Research, which has disclosed a potential short interest benefiting from any weakness in Paysafe's share price.
Paysafe confirms that all material information in the report is either factually inaccurate or has been previously disclosed.
The Group has a history of significant, transparent disclosure to the market, publishing two prospectuses in 2015 and being subject to substantial additional scrutiny through a full UKLA listing process as part of its move to the Main Market of the London Stock Exchange.
Having reiterated its upgraded guidance for the current financial year on 8 November 2016, the Company's business continues to perform well and management is next scheduled to update the market on 12 January 2017.
For further information, contact:
Paysafe Group plc
Michelle Singleton, VP Investor Relations
+44 (0) 20 3826 9800 / investorrelations@paysafe.com
Gavin Haycock, SVP Corporate Communications
+44 (0) 20 3826 9767 / gavin.haycock@paysafe.com
Brunswick Group LLP
Brian Buckley / Rowan Brown
+44 (0) 20 7404 5959 / paysafe@brunswickgroup.com
HARRYCAT
- 13 Dec 2016 20:23
- 58 of 67
Thanks jimmy, but very fortunately I sold when it was OPAY, at a decent profit.
One I still watch, but thankfully don't hold!
HARRYCAT
- 20 Dec 2016 13:06
- 59 of 67
StockMarketWire.com
Paysafe launched a share buyback programme of up to £100m to stave off short-sellers, who posed risks to the payment service provider's business model.
The company reported the programme will reduce the firm's capital and repurchased shares will be cancelled.
It said the programme will be undertaken using a phased approach with a duration of 12 months, subject to the buyback approval resolution being approved at its next annual general meeting in respect of any purchases to be made after the date of that meeting.
Paysafe president Joel Leonoff said: "The programme, and our track record of significant cash conversion, enable us to capitalise on current market opportunities without compromising our pursuit of bold M&A with a strong strategic fit."
HARRYCAT
- 12 Jan 2017 08:28
- 60 of 67
Trading update for year ended 31 December 2016
LONDON, 12 January 2017 - Paysafe Group plc (LSE: PAYS, "Paysafe" or the "Group"), a leading global payment provider, issues the following unaudited trading update for the year ended 31 December 2016.
The Group saw continued strong momentum during the second-half as it focused on building a portfolio of payment-related products and services to meet the evolving needs of businesses and consumers in a rapidly-changing payments industry.
Financial highlights
· The Group expects to exceed the $1 billion revenue milestone in FY 16, ahead of the upper end of the guidance range and current market expectations.[1]
· The Group also expects FY 16 adjusted EBITDA[2] to reach $300 million for the first time, with
. implied adjusted EBITDA as a percentage of revenue marginally ahead of expectations.
· Strong business performance throughout the year led to the Group raising guidance twice in 2016, resulting in a c.$110 million (c.13%) upgrade to revenue expectations over the last 12 months from $868 million[3] to a range of $970-990 million.
· Adjusted EBITDA expectations were also raised by c.$40m (c.15%) from $252 million to a range of $287-293 million. This represented an adjusted EBITDA margin expectation of 29.6%, compared to 24.9% delivered in FY 15.
· In addition to growth in adjusted EBITDA, the Group continues to demonstrate strong cash conversion, enabling it to capitalise on market conditions with an inaugural share buy-back programme announced in December, without compromising the pursuit of bold M&A opportunities.
Current trading and outlook
· Given the strong revenue performance in H2 16, management remains confident about the Group's outlook for FY 17. Management expects to achieve low double-digit organic revenue growth in FY 17[4] from a base of 2016's record performance, while expecting to at least maintain adjusted EBITDA margins.
http://www.moneyam.com/action/news/showArticle?id=5478669
Greyhound
- 17 Apr 2017 12:43
- 61 of 67
Still holding and now finally back near the highs. Good results and Skrill adding significantly. May have to take some profits soon but could continue to run to 500p-600p range.
HARRYCAT
- 09 May 2017 09:02
- 62 of 67
StockMarketWire.com
Paysafe continues to perform in line with the management expectations, and reiterates its FY 2017 guidance of low double-digit organic revenue growth, and to at least maintain a 30.1% adjusted EBITDA margin in FY 2017.
"Adjusted cash conversion remains strong. The Group continues to de-lever even after returning £22.4m of capital to shareholders in the form of a share buyback during the first three months of the year," it said in a statement.
President and CEO Joel Leonoff said Paysafe had enjoyed a strong start to 2017 and each of its divisions was performing as expected.
"Our business continues to benefit from the disciplined execution of our strategy," said Leonoff.
"Paysafe is focused on driving sustainable organic growth, providing state-of-the-art technology, delivering relevant niche oriented payment solutions, nourishing an entrepreneurial company culture, and identifying and integrating bold acquisitions.
"We believe Paysafe's differentiated and relevant products and services position us very well in a rapidly-evolving payments industry."