We would love to hear your thoughts about our site and services, please take our survey 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.
All buys now, with the buying price moving up to 272p. A seller has been feeding shares into the market to match the buying. Over 100,000 shares have been sold in mostly 5k lots over the last few days. But today there's been no 5k sales since the early morning. I don't want to speak too soon, but perhaps the seller is out of stock and the signal to move up properly has arrived.
...and it doesn't even mention the £100m+ cash pile backing up 25% of the m/cap: http://www.fool.co.uk/investing/2017/07/05/can-these-small-cap-shares-provide-a-strong-source-of-growth/ "Potent combination Also offering an attractive outlook for investors within the payment services sector is Safecharge (LSE: SCH). It is forecast to post a rise in earnings of 17% in the current year, followed by further growth of 14% next year. Despite this, it trades on a PEG ratio of just one, which indicates that its shares could deliver outperformance of the wider index over the medium term. As well as growth potential, Safecharge also offers enticing income prospects. They could prove to be a catalyst on its valuation, since inflation is forecast to move higher than 3% over the coming months. As such, stocks offering high yields may become more popular among investors. With the company currently yielding 5.2% from a dividend which is expected to increase by 15% next year, it offers significantly better income prospects than many of its industry and index peers. Of course, management changes at the company could increase its risk profile. However, with a sound strategy and a replacement CFO having been announced, it looks set to deliver on its growth potential. This could make it a worthwhile and profitable purchase for the long term."
Vantiv have now announced agreed terms with Worldpay. FT Alphaville were reporting a current year EV/EBITDA of 18.5 for the US and UK business, and 23 for Global eCom. According to this research, SCH are on a current year EV/EBITDA of only 11.5, falling to just 9.95 for next year: Http://www.4-traders.com/SAFECHARGE-INTERNATIONAL-16166424/financials/ SCH has considerable ground to make up on its sector comparators!
after the possible offer for Worldpay (WPG) just announced.
Http://www.investegate.co.uk/safecharge-int-grp--sch-/rns/safecharge-launches-marketplace-manager/201706270700021936J/ "SafeCharge launches Marketplace Manager, a one-stop shop solution for marketplaces to outsource payments The single API solution takes care of pay-ins, pay-outs and everything in between Copenhagen, June 27th 2017: SafeCharge (LON: SCH), the payments services partner for the world's most demanding businesses, today launches Marketplace Manager. The single API based solution relieves all payment pain points for marketplaces while enabling them to remain in full control of operations and user experience, for both buyers and sellers. It is the first solution to cover all the payment functions a marketplace needs, from a white label onboarding seller process, to ready to use checkout pages, and pay-out to sellers, all in a fully compliant way. Marketplaces are seeing unprecedented growth. According to a study by the Ecommerce Foundation, almost 40% of the world's online retail market will be controlled by marketplaces by 2020. etc"
And it doesn't even mention the £100m+ of cash which represents over 25% of the market cap: http://www.aol.co.uk/money/2017/06/17/two-cheap-5-yields-that-can-grow-by-25/ "Safe yield Safecharge International(LSE: SCH) is another hidden financial stock that looks attractive as an income investment. At the time of writing, the shares support a historic dividend yield of 4.9%, but analysts are expecting management to hike the payout by 11% this year for an estimated 14.1p or yield of 5.3%. Further growth is expected for the following year. Analysts have pencilled-in dividend growth of 5% for 2018 giving a projected yield of 5.5%. And I wouldn't rule out upward revisions to these estimates. Safecharge's earnings are rising rapidly. Earnings growth of 24% is expected this year, followed by 13% during 2018. This rapid earnings rise may encourage management to hike dividend payouts further. At the time of writing shares in Safecharge currently trade at a forward P/E of 15.5 falling to 13.8 for 2018. Considering the company's fast earnings growth, this high valuation does not appear to be too demanding. "
Topped up.
Thank you Rivaldo. This is huge. I know the local Chinese community in this country and WeChat is what they - we - all use for communication both at home and abroad and with it being usable for payments it will make it far easier for them, and for students especially, who must spend a lot. It's bigger than Facebook - and better I think. Great!
Some "Wow" news just out this morning - it really should be RNS'd, or at least issued as an RNSNON.... WeChat has more than 600 million users :o)) Https://www.safecharge.com/press-releases/safecharge-enables-businesses-tap-growing-wechat-pay-user-base/ "June 15, 2017 SafeCharge enables businesses to tap into growing WeChat Pay user base SafeCharge (LON:SCH), the leading payments technology company, today announced that it is partnering with Tencent Holdings, the leading provider of internet value added services in China, to add WeChat Pay, the booming payment service of the Chinese messaging giant and China’s most popular social media on its global payments platform. With more than 600 million monthly active user accounts in China at the end of December 2016, WeChat Pay is one of the most popular payment methods used by Chinese nationals today in and outside of China. A recent Counter Intelligence survey found that Chinese air travel to Europe increased by almost 20% in 2016, with travellers to Europe predicted to hit 90m by 2025. In 2016 Chinese tourists spent $87bn via OTA platforms, up 34% year on year. By adding WeChat Pay to SafeCharge’s global payments platform, both online and brick and mortar retailers’ in Europe are now able to accept this incredibly popular Chinese payment method in their own or local currency. “This agreement with SafeCharge enables online merchants to offer Chinese visitors to Europe the opportunity to pay quickly and easily with their preferred payment method. Smoothing the payment experience and reducing the trouble of forex exchange means that European brands become far more accessible to Chinese tourists,” stated the Vice President of Tencent Holdings. “SafeCharge continues the rapid development of its innovative payment platform. By making WeChat pay available for retailers both online and in store, we demonstrate again our commitment to serve the world’s most demanding merchants looking for a strong global omnichannel payment solution,” stated David Avgi, CEO, SafeCharge.”
Limbering up for new recent highs here..... And tipped in the IC too: "IC UPDATE. Safecharge International (SCH) has announced a partnership with card processor Chase in the US, allowing customers to accept card payments in the country at domestic rates and with greater likelihood of a transaction being accepted. The share price has risen less than 1 per cent in early trading. Buy."
Looks like a biggie: Http://www.investegate.co.uk/safecharge-int-grp--sch-/rns/safecharge-u-s--partnership/201705260700082937G/ "Chase serves more than 250,000 merchants and 560,000 locations across the United States. The company processed 16.88bn transactions in 2016 and this, according to Nilson, makes them the third largest acquirer in the US, representing around 20% of the market."
New collaboration to enhance SCH's anti-fraud and "Know your customer" capabilities: Http://www.prnewswire.co.uk/news-releases/safecharge-partners-with-sphonic-to-provide-leading-edge-digital-kyc-and-fraud-prevention-services-624000754.html "SafeCharge Partners with Sphonic to Provide Leading-Edge Digital KYC and Fraud Prevention Services LONDON, May 24, 2017 /PRNewswire/ -- Collaboration enables enhanced customer verification and fraud prevention capabilities SafeCharge (LON:SCH), a leader in advanced payment technologies, has partnered with Sphonic, a data network of leading 3rd party vendors that provides real time authentication and fraud management decisions to a burgeoning digital world, to address industry-wide KYC and fraud prevention challenges. This partnership enables SafeCharge to add complimentary compliance services such as KYC, document verification, PEPS/Sanctions and enhance the company's propriety, award-winning fraud prevention solution with additional capabilities. To meet the growing needs of regulated gaming businesses and CFD brokers and to be prepared for a changing regulatory landscape, including PSD2 and the 4th AML Directive, SafeCharge has selected Sphonic's Workflow Manager (WFM) to provide Know Your Customer (KYC) and document verification capabilities, while reducing customer friction and operational overheads. Using Sphonic's connection to multiple leading vendors, SafeCharge will create a vendor agnostic solution that will allow merchants to select and work with their KYC and document verification vendor of choice as well as increase onboarding customer conversion. The service includes: •Multi-bureau KYC verification, with intelligent in-flight routing based on pre-defined criteria such as geography, match rate level, commercial viability and more •Regulatory AML checks for PEPS/Sanctions •Enhanced digital insight including Device ID and Reputation capability, email/phone verification and validation, geo-location and distancing - and a host of others coupled with Sphonic's unique approach in fusing multiple services to derive greater context etc"
SCH looks like the safest/best play in its sector at present given: (1) Worldpay's downgrade to a Sell yesterday by analysts citing unimpressive fundamentals, struggles in the USA and customer migration to a new platform, and (2) Paysafe is coping with shorter attacks/criticism over its activities in China and Turkey.
Expect a nice bounce now: Http://www.investegate.co.uk/safecharge-int-grp--sch-/rns/result-of-agm-and-trading-update/201705191216156869F/ "The Board reiterates expectations for full year 2017 performance. Revenue has shown solid growth versus Q1 2016, driven by new customer wins in H2 2016. The Board is encouraged by the pipeline of high quality business with a number of large new customers due to start processing in the second half of the year. The growth of SafeCharge Acquiring remains on track. The Group continues to invest in key new sales and marketing people, who are bringing new customers and a greater awareness of SafeCharge's capabilities outside our traditional markets. The Board remains confident that the outcome for the year will be in line with market expectations. "
Rising nicely after some large trades, with buying coming in at almost 290p now.
Rising above the Oct'15 high now and looking good....
Nice start having been marked up on no trades at all yet - which hopefully continues to suggest unsatisfied demand for stock.
Great to see some sells this morning being absorbed and then buying - the latest at 276.75p - causing another tick up and new recent highs. Which suggests good underlying demand and not many shares available.
Nice - looks like a £1.1m buy at 262.5p from earlier on just reported, which would certainly explain today's rise.
SCH were tipped as a Buy in the IC on Friday. Here's the IC article: Http://www.investorschronicle.co.uk/2017/04/28/shares/aim-to -23jptc9E6MoPqvujOg6bcI/article.html "46. SafeCharge International In line with its strategy of expanding and diversifying products and services, payment processing company SafeCharge International (SCH) has been moving into new sectors and geographies in 2016, announcing its first airline customer in its travel vertical and launching platforms for new customers in Romania, Italy and Portugal. Alongside this, it took its first steps into card-present and land-based payments acquiring. As part of this strategy it has been looking to maximise the number of low-risk, high-quality customers on its books. It has also been driving up volumes, increasing transactions processed 17 per cent to $8.1bn (£6.3bn) in 2016, compared with 2015. This was driven by increased volume from existing customers, and the addition of new, high-volume clients. Growth in SafeCharge Acquiring, its dedicated platform, was also impressive, jumping to volumes of $970m for the year, up from $190m in 2015. With a run rate in excess of $1.2bn, the platform is likely to continue growing. This growth doesn’t look likely to slow. The group reported further expansion in volumes for both its core payment processing and in acquiring since the 2016 year-end. It also expects another $1bn in annualised volumes during 2017 delivered by customers that begin processing during the year. Acquisitions also look likely to add to organic growth. Cash generated from operating activities was high at 80 per cent of adjusted cash profit and the group finished the year with net cash of $115m. The group is also continuing to “invest significant resources identifying and investigating potential acquisitions”, and seeking to add complementary products. Safecharge’s growth is undeniable, and it seems to be making all the right moves with its expansion across new areas and the launch of the acquiring platform. The shares are up more than a fifth year so far this year, but this still represents only 14 times forecast earnings, at time of writing, well below the three-year average of 25 times. Cut out the cash on the balance sheet and the valuation looks even better. We maintain our buy call. TD "
You can only buy a maximum 5k at the full 270p offer, whilst you can sell at least 15k at 265.55p.
Looking strong and all buys today. One more push and then new recent highs.......
Nice turnaround after some good buying just now, including two OK trades of 297,000 shares in total at 259.5p.
Nice snippet here: Http://www.pymnts.com/news/cross-border-commerce/2017/coffee-logistics-social-commerce/ "Around the X-Border world The international commerce boom may be best exemplified over the last month by activity in the Asia-Pacific region, with South China’s eCommerce industry set to be worth roughly $839 billion by 2021. Perhaps inspired by that growing market, DHL’s eCommerce division recently announced it will look to increase its presence in the region by expanding shipping facilities in the area to handle 81 million shipments a year. Similarly, England’s SafeCharge corporation announced it would open new offices in Singapore and Hong Kong. The company also recently joined UnionPay International in a move designed to better support a growing international transaction load."
Canaccord reiterate their Buy and 320p target price: Https://www.com-unik.info/2017/04/12/safecharge-international-groups-sch-buy-rating-reaffirmed-at-canaccord-genuity-updated.html