Member Info for tomshare

In terms of transaction value growth, we know 2016 had an increase of 26% compared to 2015. Our largest client in 2016 contributed to 22% of revenue. So transaction value wise they were doing about £18.4 million. I am assuming this client is the same client from the RNS yesterday with transaction value of €100 million per annum (£90 million). 2016 this client made £18.4 million worth of transactions and this year a £90 million contract. You can see that this percentage increase is far higher than the 26% figure I used in my calculations. Put it this way, I am not selling at 50p. What I love about this industry is that growth can happen very rapidly indeed. We are not a restaurant chain having to lease more premises, train up more staff, advertise etc to grow our business. Nor are we a mining company or in oil and gas with new drilling programs/spuds to develop things taking up considerable time and money. A lot of our growth will come from our top 10 clients with them taking up more services we offer and increasing transactions. To provide this extra service is pretty much the sky is the limit and we can facilitate this growth relatively easily. We do have other competitors, notably in USA but our biggest competitor really is companies trying to insource this type of work. Whilst they have their own teams to try and accomplish these goals, they simply don't have the expertise we have in this field. The time and considerable cost they would need to get to our level is no worth it. I.e. Would be cheaper to pay us to do it. We can guarantee clients a payment success rates of 88% compared to an industry average of 80% (going down to 60% in some cases). Why insource this work when you can get Mi-Pay to do the work and make more for your company? On the fraud side of things we have improved this a great deal too, 'Replacing a 3rd party solution with our own in-house solution, which in turn has delivered a further 33% year-on-year decrease in fraud levels to 0.06% (2015: 0.09%)' this has helped us increase profit margins with less money being paid for fraudulent transactions. DYOR.

These are the calculations I have based my investment in Mi-Pay on. I am invested here, as is my sister and father. Please do your own research. These figures are not meant as a guide for you to buy more shares or not. From the Final Results earlier in the year we know, '£83.4 million of payment transaction value processed' in 2016. From yesterday's RNS we know that from this one new contract Mi-Pay will process €100 million per annum (£90 million). From the Final Results of 2016 it stated, '80% of our top 10 clients increased their payment transaction value processed.' This is comparing 2016 to 2015. 'Our largest client has grown to 22% of our revenue. Our 10 largest clients equate to 84% of our revenues.' I am assuming that the new 3 year contract is from our largest client (22% of previous 2016 revenue). Calculations: £83.4 million (total value transactions 2016) - largest client (22%) = £65 million worth of payment transactions from the other 9 top 10 clients. 'In 2016 we delivered a 29% increase in payment transaction value processed.' Therefore for 2017 we should at the very least see a similar rate of growth (personally I think the rate of growth this year will be much higher but let's keep it at + 29% to discount things). Therefore £65 million x 1.29 = £84 million processed transaction value for 9 of the top 10 clients. £84 million + £90 million (new contract yesterday from largest client) = £174 million payment transaction value processed per annum. We are looking at around 4% profit on each transaction.However to discount things let's say 3%. 3% of £174 million is just under £5.22 million revenue. Administration costs have been reduced to £2.5 million per annum. I don't expect they costs to reduce much further in 2017. Possibly some leeway on this. For Fin-Tech companies, Hybridan in 2016 stated that Mi-Pay trading at four times sales, 'is not particularly stretched when compared to other AIM Fin-tech companies without earnings' £5.22 million x 4 = £20.8 million 41.593 million shares in issue = 50.02p per share (discounted) I am not saying this will get to 50p on next results as there often is a lag, but this is what I am basing my investment on and what I think we should be worth this year. What the market thinks is more important however. Please note: 1) This assumes that 2017 will have have growth of 29% as 2016 did. However I think this growth will be higher. 2) These calculations are only for the top 10 clients. These account for 84% of total revenues so there are also other revenue streams that haven't been accounted for in my calculations. This will become even more prevalent with time as the South East Asian operations come in to play more. Please do your own research.

We had a taster of things to come with the lovey bit of news today. That contract is just from one client. Turn a profit this year and things are looking very positive indeed. Market cap at moment really is a joke.

Was a delayed buy from earlier. The fact that the market makers are delaying a £1,000 buy shows how little stock they have here. Could see that from yesterday's rise from not much volume.

https://t.co/UgvQbxN6s9?amp=1 19.2p pivot level. Today gone above 200 day moving average with support at 17.2p. Need to close above 19.2p then next resistance levels will be 24.88p and then 29.47p. Positive trading update will push us past these IMO. Dyor

And the market makers here will be really screwed. Hardly any shares in free float.

"FinTech funding in the U.S. increased to $2 billion in the quarter, up from just $500 million in Q1 2017." "Across the globe, FinTech funding grew, too, more than doubling quarter over quarter to $8.4 billion." http://www.pymnts.com/news/b2b-payments/2017/kpmg-venture-capitalists-invest-in-us-fintech-startups/ With a market cap of around £7.5 million and this new deal as announced today with multiple other Tier-1 clients things are looking very good indeed.

Payment by QR codes is huge business and if Mi-Pay can get involved with this a help facilitate these payments then we will be on to a winner here. "With the technology behind QR codes, which uses EMV for contactless payments, being used in countries around the world, it may not be too much longer before we see this payment method on the rise. Here are the numbers: $5.5 trillion | Amount of mobile payments made in China alone each year 70 percent | Percentage of people around the world that have a smartphone mobile device." We won't be able to enter the Chinese market (I've been living in China over 12 years now) and this is a closed shop. However, with QR payments on the rise, Mi-Pay is well placed to take full advantage of this trend. I hardly ever use cash anymore and pay for most things using QR codes. Mi-Pay have been tweeting about this trend a great deal of late. This trading update should tell us more.

Mi-Pay twitter account in regards to payments by QR codes. http://www.pymnts.com/today-in-data/2017/today-in-data-qr-codes-in-payments/amp/

Managed to top up nicely this morning after it dropped back a bit. Market cap at moment is ridiculously low. Should be actually turning a profit this year and with growth in Fin-Tech rising so rapidly coupled with Mi-Pay at the forefront will see a big rerate here. Especially with so few shares in free float. Good luck all.

Around 2% for each transaction after bank costs, fraud costs etc. This means from this deal we will be getting 2 million Euros per year. This is just ONE client. We have around 10 top tier clients. Market cap should be around 4 x revenue (not transactions) 2% of €100,000,000 is 2 million x 4 = €8 million. This one client is slightly less than our market cap now of £8.73 million. Add all of of other clients in to this and you can see where this is going. Revenues increasing each year as is profit margin. Only one way this is going.

Yes Matador78 well timed indeed! Ducks lining up nicely and can see a big rise here in next few weeks.

From the January 2016 trading update: 'Trading for the year ended 31 December 2016 has been in line with market expectations. Total revenue for the year is expected to be £3.3 million (2015: £3.0 million) and the Company has continued to experience strong growth in transactions, delivering an increase in payment transaction values processed to £83 million during the year (2015: £65 million)." 19th October we had a market cap of £12.27 million. http://hybridan.com/wp-content/uploads/2016/07/19th-october-2015.pdf "The shares are currently trading at around 4x sales. This is not particularly stretched when compared to other AIM Fin-tech companies WITHOUT EARNINGS." However, it is looking very likely that with the new trading update coming out very soon we will be actually TURNING A PROFIT and our market cap should rerate very fast especially since we have seen today with just one deal how well things are going.

See what they have done with just one client. Then with this new trading update I am sure we will see an increase in even more transactions. I love the fact our clients are all tier 1 companies too such as Tesco, 02, Sainsbury's, Vodafone, Three etc. Not to mention South East Asia interests coming through later. Also market leading at what they do. Plenty of cash in the bank and reducing delivery costs as well.

Yes a real taster for the mid year trading update. "Mi-Pay will be integrating and providing new services to the client's customers, improving the end user digital payment experience" I love the part about providing new services. Is this maybe to do with QR payment they have been tweeting on their twitter channel I wonder?

Am I reading this right? That from this one contract deal, the per annum transaction value processed is €100,000,000? Not including all our other clients?

Don't worry there will be. Wait until the trading update with the company showing a continued strong growth in transactions, making a profit and the herd will come and pile in. Always the way.

https://mobile.twitter.com/search?q=Mi-pay&src=typed_query Nearly One-Third of Starbucks In-store Payments Are Mobile http://bankinnovation.net/2017/07/nearly-one-third-of-all-starbucks-payments-are-mobile/ http://bankinnovation.net/2017/07/nearly-one-third-of-all-starbucks-payments-are-mobile/ The clues are here, you just need to find them in the Mi-Pay website and from their tweets.

No worries Phirpo. The spread is so large now to keep things in check as this share can rise very quickly and the market makers know news is due soon.

It's because the spread is pretty large at the moment with the ask at 18.50 and bid at 16.00 and therefore registered as a sell.