Member Info for moorhey

3% up on the day 16% up on the year 50% up since July 6th

What a performance! 12-Feb-16 563 06-Feb-17 844 That's 49.9% uplift in 12 months. Thank you.

It Is interesting that Worldpay (WPG) have appointed Peter Jackson as its new chief executive officer, as he joins from Spanish banking group Banco Santander. As I was saying yesterday, banks must be looking with envy at these growing internet payment companies as their own "cash-based" business contracts by the day. Or maybe I'm barking up the wrong tree.

Wow Reliater: buying at 11 and selling at 400+ that takes some nerve! One: to buy at 11 in the first-place and two: hanging on till the SP tops 400. I'd have probably cashed-in at 30 and then bought back in at 60 and sold out at 120 (and so on). Well done.

I see PAYS more as a target than a sniper. I'm not sure who PAYS could acquire and incorporate such that it would enhance the business. What we could see is a merger but again, who with? However, there must be half-a-dozen banks and finance houses that see PAYS as a tremendous (and cheap) opportunity to leapfrog into, or refresh their own card/payment arms. If Tesco can buy Booker for £3.70 billion, then PAYS has to be in someone's sights.

Charles Dunstone moving to Talk-Talk may not be a good move - for DixonCarphone or Dunstone.

Value - that word keeps cropping up on this thread (and others). It's a word that's often quoted, but little understood. My opinion (for what it's worth, so it could be value, or perhaps it isn't - you decide) is that value is your own opinion, not someone else's, not the "markets" value - but yours and yours alone. If you think that a company SP is "value" then you should be a buyer, full stop. What should stop you being a buyer in such circumstances is "market sentiment", and that is a black hole of unknown territory. I don't think that there is such a thing as "true value" as, if it exists, then it should be capable of being calculated. But, such is the constant flow of information, a calculation of "true value" would only be correct and representative of that immediate moment in time. In other words, by the time you have calculated true value, that value is already out of date. What you are left with is personal opinion and "market sentiment", and that is why we have a stockmarket with its ebbs and flows. At the end of the day, everyone wants to make money, turn a profit.

The market is trading this company as if the "high street" economy is going to fall off a cliff in 2017. Sure, big-ticket electrical items will take a hit if the economy takes a downturn (and it is an "if" in my opinion as the market seems to be pricing-in "post-brexit" values now when we won't actually leave the EU until April 2019 at the earliest) in 2017, but I am hopeful that DC will maintain sales income via small-ticket essentials. Surely, when the dividends remain strong the market will re-evaluate and we should see 400 again. Fingers crossed!

There are not enough buyers in the market. I suggest we try not to monitor this SP hour-by-hour, and go off and do something else for a couple of weeks, such as enjoy the Christmas break.

It's good to see the old "faces" populating the thread again - wolfhound, BarcelonaBill, GSmiley, and pheonixchi - making sensible comments. Did any of us manage to buy at under 250? I tried but I think my efforts were just after the sentiment in the market changed - I couldn't catch the cats tail (opposite of a dead-cat bounce?). Managed to increase my holding by 12.5% at 294.

Yeehaa!!! Thar's gold in them there hills!

like a rocket!

Just bubbling under 700, you happy with that Wilks8. Another decent interim divi on the way (paid in Jan) and almost certainly we will see a final divi that is double in value to the interim. All-in-all, a nice little earner.

lonlonuk: you can get a good idea if you consider that they are trying to raise £185 million. There are 271 million shares in circulation, so not paying the dividend of 4.53 per share saves a little over £12 million. To raise the balance means that the RI will need to be about 65pence per share, so including costs and other associated overheads etc the RI will be about 70p per share. That's assuming that £185 million is enough. I'd not be hoping for a bid to come in at this time because, if it does, it will be a rock bottom price. Fingers burned, time to sell-up and move on.

Do people/robots really buy and sell on the basis of a graph and not on fundamentals? I can understand market reaction to news and wanting to offload/buy-in depending on the notice given, and I wonder how much of this fall in SP is due to the recent Tesco Bank scam and all "Fin-Tech" shares being lumped together and suffering accordingly. But, with PAYS not actually being a "bank" and holding deposits, there is no downside potential risk on this score. I see PAYS more as a global financial "Betfair" able to cream-off a tiny commission from billions of financial transactions and once the markets realise that this really is money for old-rope - and almost risk-free money at that - the potential is enormous. As with others on this thread, I hope PAYS can progress from a £2 billion company to a £10 billion company, but I fear it will be gobbled-up before then.

The only thing I can think of is that Trump may be against internet gambling, which (in managing the flow of cash) is a major income stream for PAYS. But it does seem a bit "early days", and an over-reaction. I'm sitting tight and will almost certainly by back what I have recently sold at 420+ if SP drops below 390.

So then Just_My Opinions, your interpretation of that conversation is that the EU will give up on freedom of movement to give access to the single market to the UK, while mine (and just about everyone else except those who voted for Brexit) would interpret that answer as "to gain access to the single market, you (the UK) really have to accept the freedom of movement". I'm assuming that you voted for Brexit, but I could well be wrong - if so, please don't be offended. The UK team currently waiting to start negotiations with the EU (which can't start until Article 50 is served - all we are hearing about at the moment are opinions, not negotiations) have absolutely no intention of allowing freedom of movement.

Still here Wolfhound. Sold-off 2000 PAYS at 420 - still holding 8000 in the SIPP which I bought at an average of 188. Luckily, bought into IRV @ 215, GFS @ 175 and AMFW @ 524 with proceeds.

Hey Wolfhound - remember (not that long ago) when I wrote on here that I expected PAYS to be a US$25 billion company within 10 years and was rebuked? There's a coach coming in!

Just doubled my holding - either a buyer will emerge and gobble-up Laird, or SP will recover over next 12 months to yesterday's level or more.