Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It would be more of a surprise if inside information was NOT shared. I've lost count of the number of time a holdings RNS has shown IIs selling off just weeks or days before bad news is announced. I know I've said this before but a famous horse race trainer once said that he knew horse racing was bent but he'd rather bet on that than the Stock markets.
Hope you're right. How would sellers know what the interims might be - wouldn't that be classed as inside information?
Many of the 'sells' showing up on this site are likely to be buys. Mine did yesterday. Looking forward to the Interims tomorrow. Surely they can't be as bad as the recent decline in SP suggests.
Could be the negative stuff around gambling which SCH serves to an extent.
The hope here is that it gets bought.
Sp up a tad today despite the sells outnumbering buys.
If NT gives it a mention in his next blog it might give it a bit of a lift.
No adverse news widely published, or broker reports, but some people are selling.
Any nasties I have missed ?
Well up a few p today for no obvious reason as trades are thin.
Yep seems very much under the proverbial radar. Hope it gets bought.
thought or hoped this would be a good share as NT kept going on about it. Seems to have got stuck.
Rivaldo - think you can take credit for the buys following your comment thus adding 1.5p to my share of these assets!
I am also hoping for a re-rating. Looks to be value here.
There was a brief update as follows in this month's SCSW which read rather nicely:
"As anticipated in my May update, the shares did break sharply higher supported by the strong trading momentum, which has continued into H1 driven by new customer wins. Meanwhile, Safecharge said it continues to invest in new sales people. Berenberg’s eps forecast for this year is 21.4 cents. Written about at 247.5p in April ‘15; keep holding."
Well it then dropped back. Good buying here but no movement in sp. Hoping it gets bought out whence sp will be re-rated.
Something of a coincidence - your post and the little jump in the share price.
Have also bet quite heavily here myself. Trading update was good.
I read about this and bought some hoping they will be another OPAY but as people here have said nothing much happening.
Oregon
Big buys appear to have gone in today. No effect on sp though. ??
We seem to have stalled. Maybe nothing to move it until the next trading update.
Great news...
Https://www.globalbankingandfinance.com/snaitech-one-of-italys-largest-gaming-operators-chooses-safecharge/
"Snaitech, one of Italy’s largest Gaming Operators, chooses SafeCharge
July 18, 2018
Leading payment technology firm selected in order to improve players’ gaming experience
SafeCharge, a leading payment technology company, today announced that Snaitech, one of the largest Italian gaming operators, has migrated its entire end-to-end payment processing infrastructure to the SafeCharge Payments Engine. Snaitech has selected SafeCharge to improve the user experience for millions of its players.
Snaitech is leader in betting retail and among the main operators of gaming machines in the Italian market, offering a vast range of gaming and entertaining services online and at the point of sale, including online and mobile sports and horse racing betting, poker cash and poker tournament, bingo, lotteries and number games. By migrating to the SafeCharge Payments Engine, the gaming operator will also benefit from the SafeCharge Cashier, a fully-optimised payment pages enabling secure deposit and withdrawal of funds in a fully-compliant manner. This new technology allows players to seamlessly place bets and collect winnings to their bank accounts using the payment method of their choice across mobile and web devices.
“We identified SafeCharge as the ideal payment partner to meet the expectations of players demanding a seamless deposit and withdrawal journey for their online and mobile gaming experience,” said Fabio Schiavolin, Snaitech CEO. “We can now cater for a very diverse player base with a variety of preferred payment methods. SafeCharge is a leading payments technology company. The reliability and safety guarantee in payment processing will allow us to offer our customers an increasingly safe and simple user experience”.
Using SafeCharge, Snaitech benefits from a direct connection to VISA and Mastercard schemes and a variety of Italy’s most popular e-Wallets including PayPal, Skrill and Neteller.
“We are excited to be working with Snaitech to enhance the gaming experience for players in Italy,” stated Yuval Ziv, COO, SafeCharge. “The fact that Snaitech has selected us continues to demonstrate how SafeCharge is the best fit for merchants operating in demanding industries with complex regulatory requirements. We are confident that leveraging our smart payments technology and expertise will greatly contribute to Snaitech’s continued success.”
Excellent H1 trading update whilst I was on hols - and the "strong sales pipeline" and confidence for the full year suggests no issues deriving from PTC/China:
"Trading in the first half of the year has been strong with good momentum in revenues and transaction processing volumes in H1, driven by new customer wins.
The Group continues to invest in new sales people and additional marketing to bring in new customers and generate a greater awareness of SafeCharge's capabilities outside our traditional markets and verticals.
With robust current trading and strong sales pipeline, the Board remains confident that the outcome for the year will be in line with market expectations.
The Company expects to announce its interim results for the period ending 30 June 2018 on 13 September 2018."
In a world of turmoil nice to SCH keep marching on,
Trading in the first half of the year has been strong with good momentum in revenues and transaction processing volumes in H1, driven by new customer wins.
You beat me to it, just read my daily citywire email and saw the article. Good news and on the radar of a few more I would imagine. 450p price target
Excellent news - a new 450p target from Jefferies: Http://citywire.co.uk/money/the-expert-view-cybg-virgin-cineworld-and-indivior/a1130263?ref=citywire-money-latest-news-list#i=6 "Jefferies rates ‘unique’ SafeCharge a ‘buy’ Jefferies has started coverage of payment technology provider SafeCharge (SCH), which it believes will benefit from industry consolidation. Analyst Will Kirkness opened with a ‘buy’ recommendation and target price of 450p on the stock, which added 0.8%, or 2p, to 349p. ‘SafeCharge is a unique asset that is exposed to fast-growing omni-channel payment markets, has near and medium term upside to forecasts and as a mid-sized operator, with strengths in niche markets, stands to benefit from industry consolidation,’ he said. Kirkness said his base case forecasts were 2% higher than consensus based on his optimism of compound annual growth rates in mobile payments of ‘up to 50% depending on region’. He added ‘analysis paints prudent upside at 7% from underlying growth augmented by up to 20% from M&A’."
The incredible Safecharge is getting re-rated and 400p looks a reasonable short-term target.
New highs now. Looks like Adven's IPO in Holland this week has concentrated a few minds here - the comparisons make SCH's m/cap look crazily undervalued, on this broad brush basis anyway using historic figures.... Adven m/cap: £11 billion SCH m/cap: £508m Adven revenues: £200m SCH revenues: £112m Here's one article on the Adven IPO: "Dutch payments company Adyen opens at €400/share, a pop of 67%, now valued at $16B After raising €1.1 billion in its initial offering and pricing its shares at €240 each last night, Adyen, the Dutch payments company, went public today with a bang. It opened for tradingthis morning on Amsterdam’s Euronext exchange at €400 a share, an impressive jump of 67 percent. The share price closed at €462.50 — over 92 percent up on its price last night — giving it a market cap of over €13.6 billion, or $16 billion at current exchange rates. It’s gone as high as €503.90 today. The number moved between about €15 billion and €16 billion throughout the day. This all represents a big jump on Adyen’s valuation. In a statement last night announcing its initial offer price of €240 per share, Adyen said the figure implied a market capitalization of €7.1 billion, based on the current number of Shares outstanding. The writing may have been on the wall for its strong performance this morning even then. Adyen said yesterday that the offering was “multiple times oversubscribed… with strong demand from institutional investors globally.” Adyen is selling between 12 percent and 13.4 percent of its issued and outstanding shares, the latter figure representing if the over-allotment option is exercised in full. Adyen’s strong performance underscores both the strength for tech IPOs at the moment, as well as the strength of Adyen’s payment story specifically. For the year ended December 31, 2017, Adyan generated net revenue of €218 million, a rise of 38 percent over the year before. Perhaps more importantly (when you compare it to other payment startups that have recently gone public, such as Square) it is profitable. Adyen last year had an EBITDA of €99 million, giving it an EBITDA margin of 45.5 percent. Signs are pointing to more growth, too. The company counts fast-growing tech companies like Uber and Netflix among its customers, and earlier this year it picked up a key client in the form of eBay, which is swapping in Adyen instead of spun-out business PayPal as its primary payment provider. Processed volumes on its platform were €108 billion in the period, compared to just €66 billion in 2016, up 63 percent. In addition to established, large players like PayPal, and of course incumbent banks, Adyen competes with outsized startups that are still private, such as Stripe, to power payments and provide other infrastructure to cond
Nice buying at 340p reported after the close, including a �104,000 buy at that price. Hopefully bodes well for tomorrow.
Another contract win today....good to see the success in sports betting given the deregulation now coming in the USA: Https://www.safecharge.com/press-releases/danish-national-lottery-danske-spil-selects-safecharge-power-online-payments/ "May 17, 2018 Danish National Lottery, Danske Spil, selects SafeCharge to power online payments SafeCharge (AIM: SCH), a leading payments technology company, today announces it has partnered with Danske Spil A/S, the national lottery in Denmark, to power its regulated sports betting platform �Youbet� and drive expansion into this local regulated market. Danske Spil has implemented SafeCharge Cashier, a hosted payment page solution optimised for maximum conversion of deposit and withdrawals in a fully compliant manner. Adding Dankort, the Danish debit card, and through a direct connection with Visa and Mastercard, SafeCharge is enabling Danske Spil to reach the highest payment success rates. Danske Spil A/S is the national lottery in Denmark, founded in 1948. It offers lottery and gambling services, through its two subsidiaries Danske Lotteri Spil A/S and Danske Licens Spil A/S, and offers games such as Lotto, Onsdags Lotto, Joker, Eurojackpot, Keno, Quick, Bingo, Dantoto, Poker, Casino, Oddset, Tips, Zezam and the newest bettingbrand Youbet. The company has selected SafeCharge to target a growing demographic of sports betting fans in Denmark through Youbet. �Sports betting is becoming an increasingly popular activity in Denmark. Our customers are demanding a seamless payment experience from any device with their preferred payment method at any time,� explained Niels Erik Folmann, CEO of Danske Licens Spil A/S. �Following a quick and seamless implementation process, we are delighted to work closely with the team of SafeCharge experts on delivering the best user payment experience for our customers.� �We are excited to support Danske Spil with smart payments technology to boost further its expansion,� stated Yuval Ziv, CCO at SafeCharge. �We are confident that SafeCharge Payments Engine�s various assets will continue to deliver the highest levels of customer experience and payment conversion.�
This reads well from Shore Capital today: "Payments-technology specialist Safecharge International Group is well placed to leverage new consumer trends and emerging technologies, Shore Capital says. "The reshaping of revenues seen last year, with an exit from low quality business in financial services and digital services, is now complete with underlying growth trends set to emerge in full through the course of the current year," Shore analysts say. According to the brokerage, Safecharge's investment in growth is paying off, as the company is attracting new customers which have led to record revenue and transaction processing volumes in the first quarter. Shares rise 3.3% to 342 pence."