Member Info for wolfhound

This is just MM using any excuse to pick up cheap stock ahead of FTSE250 ... buying opportunity for both PAYS and Wirepay stock I would suggest. there are certainly a lot of credibility questions around the supposed issuer .. if they even exist as they didn't a week ago nor did their website...Zatara or is that Gotham City Research ( co-incidence in the names ?) ..... friend of HF shorters..... funny they didn't publish the other "evidence" but inferred that was only being made available to regulators I see FT Alphaville who pushed this has closed its comments after admitting it hadn't conducted any validation on Zatara or its "report" ....ouch

* SP has recovery v quickly from recent market turmoil touching its previous high/resistance of 414p * VIX is declining and back below 20% - first time since end Dec * FTSE250 Committee meet on the 2nd March- formal notice to include in FTSE250 ( after market close) * Company issues detailed y//end accounts 9 and hopefully trading update) - 16th March * FTSE250 entry - 21 March. So plenty of events to spur on price in the next month - who ever said £5 on here some time ago might well win the prize !! GLA

very wise philosophy CM - here's to profits !!! SP looking well primed to kick on - now it has largely recovered lost ground from market volatility- only a few weeks to the 6th March for FTSE250 review board, 16th FY results and update; 23rd for FTSE250 entry - so plenty of opportunities in the next 5 weeks to spur on the SP. I am hoping the results on the 16th will provide more detail and colour for the analysts to begin to rerate PAYS to a higher PE worthy of a FTSE250 company and its peers. Here's to new highs !! GLA

CM - good to hear and already making some profit already, hopefully you will recoup previous losses and make a tidy profit to boot, and don't be too hard on yourself - trading stocks is never easy and hopefully we back more winners than losers - PAYS has and will reward patience - timing as ever is everything. My initial dabble was after the whole blow up in the US and have been adding to it ever since, but never followed the legacy of the initial founders. GLA Wolf

EXANE BNP INITIATES PAYSAFE WITH 'OUTPERFORM' - TARGET 470 PENCE I expect as we move to FTSE250 to see more broker coverage with higher target sp - not a bad target for openers we seem to be making up the lost ground nicely, that "W" pattern looks to be confirmed to me - onwards and upwards !!!

CM - sorry to hear you were stop lossed out, but take solace at least you still have your capital so you live to fight another day. I have been in PAYs since its Neteller days so I am well versed in its volatility but likewise the overall march has been upwards since JL has been running the ship. It is the fundamentals that make me hold this stock and they have not disappointed and why I hold this as a long term investment and largely ignore the short term gyrations. And I see today the "w" looks to be further confirmed so deficit to previous high looks to be reducing nicely. What gives me comfort is that we are on such a low PE relative to peers and performance has outshone some of the larger players - at some point it will get re-rated and sp will respond, if not then we are in a consolidating market sector that will run for years IMHO so unless we are the acquirer we will become the acquired. FTSE 250 average PE is approx. 22 and we are trading on something like 12-15; and we may be soon sitting in top quartile of the FTSE250 table. So for me even if there is a market correction I can't see that this sp will tank for the long term ( not to say it won't get retracement - just that it has a lot going for it to bounce back once jitters settle and fundamentals come to the fore) But likewise you need to make investments according to your own research and conviction and appetite so I wish you well in that decision.

Hi CM- indeed, todays trading pattern is reflective of what we have seen in the past , up on open, quick rise, then dip below open level, til about 12 :30 then rise back to flat ahead of US open ( US futures market also positive) - then rise slightly up to close. The forming "W" at the 350p is encouraging but will know more towards the end of the week, WPG and PYPL both seem to recovered most of the impact of the wider market turbulence from last week, PAYS has a way to go yet (10%) ; VIX continues to drift down, dollar is weakening, Oil production output by OPEC capped at Jan 2016 levels and stockpiles reducing, China is intervening to promote a strong Yuan - so certainly the clouds look to be parting, perhaps we may even get a ray or two of sunshine in to the end of the quarter with the move to FTSE250. Also I think PAYS is on a forward PE of something like 11/12 compared to WPG on 28/30 - so plenty of upside potential here - FTSE250 average PE is around 22 - so once PAYS starts to get re-rated then there will be some sizeable gains. I expect we will also start to see MM loading up coming upto FTSE 250 entry All in all feels like we are heading for new highs on PAYS in coming months and wider market may now also settle - possibly trade side wards. GLA

I think the chart is starting to look quite interesting, with a potential "w" forming similar in nature to the "W" that occurred back in july 2015 - probably worth monitoring how it develops over the next few days to see if we are in for a repeat of the breakout to the upside - 350p being significant as a previous resistance level in Oct/Nov - so the pullback and bounce off twice in short succession is of interest. <a href='http://uk.advfn.com' title='Free stock charts & share prices from uk.advfn.com'><img border='0' src='http://uk.advfn.com/p.php?pid=chartscreenshot&u=hJR%2FErZVEp8h3LSqyXVfX8wun5vZjo%2B637WkmSPA6Tc%3D'><br /><i>free</i> stock charts from uk.advfn.com</a><br /> GLA

CM - I read less of the headlines (opinions) and focus more on the fundamentals(facts) - that helps me separate the noise and hysteria - and I don't disagree there is a fair bit of hysteria in the last few days - as sure as night follows day - the sun will rise in the east and set in the west and repeat. OIL - opec is selling for the same price it cost to get a barrel of the black stuff out of the ground - I think economically we can agree that can't continue so at worst lets say we have hit bottom - and shale costs $67 to get out the ground - so once they are bust OPEC is free to rise prices. They can't keep selling off assets in their SWF to meet day to day expenditure - not sustainable long term. China - they have $3.2TRILLION in reserves and $1Trillion in various SWF - bank balances don't lie - western press speculation has its own agenda - lets just say if China wants to launch a QE programme they have more than enough fire power - how do you think commodities, oil and bank loans might react if China signalled a step into the market - I wouldn't rule it out - at all costs they will keep the programme on the tracks with an eye to the long game - right now it suits them to have low asset prices - makes it v cheap for them to acquire assets globally - i.e. Chicago Exchange ( strategic buy IMHO) Greece- UK - not really that material on the world stage. So for me it is not so gloomy - and financial world agrees - as seen through VIX hasn't even come close to the level we saw last august when China devalued Yuan by 10% - in fact it fell again on Friday to 25

Looks like it is not all doom and gloom in China afterall - courtesy of stockbob on another board http://www.reuters.com/article/us-china-economy-retail-idUSKCN0VM0FX there are signs that the wider market gloom is lifting : * Oil prices jumped on Friday by 8% after hitting $27 ( which just so happens to also be the average cost of production in OPEC) - so perhaps OPEC now feels it has done enough to bury the challenge from shale oil ( costs $67 on average to produce) * China retail sales take a bounce * reduced probability of aggressive rate hikes by US this year ( or so say the futures market) * Bank stocks recovering somewhat Just in time for the run into March GLA

thanks Aguero - great piece of detective work. I guess the negotiated trades were Kames upping its holdings via a structured vehicle - I have since discovered from libertine on another board that : Indirect Voting Rights mean that they are held by an intermediate entity, such as another company or a trust, over which Kames Capital has control. The last time Kames were obliged to report their position was in Sep 2015 when they crossed the 3% threshold.

I did notice that someone bought £1.5m after auction in "negotiated trades" ( 445,000 shares) almost 2 times the auction volume and 10% of the total daily volume - at sp of 352 - 358p - I have only started to see negotiated trades in the last few days . I am guessing someone wanted a chunk before open................ - any significance to your earlier comment Aguero ?

Was there something that caught your eye that suggests there is an RNS coming tomorrow ?

@GS - appreciate your thoughts but.............. I am not entirely convinced that China angle is as dire as some press speculators would have us believe for the following reasons: a) Structurally - Chinese Govt can and will control Yuan FX rate and prevent banks from providing an offshore exchange rate and it is now in the IMF basket and arguably it is the only currency backed by large scale reserves - 3.2 trillion, next closest is Japan at 1.2 trillion, compare that to US at 117 bn ( 19th in the league table) - https://en.wikipedia.org/wiki/List_of_countries_by_foreign-exchange_reserves b) They may no longer be growing at 20 % but we in the west would love 6% per annum growth c) They struck a lot of external deals for Oil at its peak of $100+ - no doubt those deals are now d) They are still buying up assets globally -- see latest buying of Chicago Exchange for a few $$ bn, plus a pile of other stuff - again will impact reserves - but long term big gains. d) Reserves - stand at 3.2 Trillion down from peak of 3.9 in June 2015 - so 400mn a month on average.- but that is just the headline we would need to look deeper : i. China invested heavily in commodity assets globally over last decade and the reason commodity prices shot up during the recession when all other assets were stagnating- that was the chinese - how much of the fall in reserves is due to fall in commodities prices and a MTM adjustment - my guess is about 30-40%? ii. Lets not forget China also did a 10% devaluation last august to get into IMF ii. China built up their reserves from just around 10bn in 2006 to 3.9 trillion in July 15 - so we could say China did well in the recession even with modest growth - and reserves are real so all those out there who say the Chinese numbers are made up - ahh I don't think so. In all - I think the US will have to put rates on hold and this will halt the climb of the dollar I don't think all of the reserves are being spent on propping up the local economy as a stimulus - but even if it was there would be about 40 months at full tilt - 20 months and they would still have same reserves as Japan. ... just a thought

Bouncing up quite sharply - history repeating, expect to see this back over 400 in the near term

There will be captive buyers come march in FTSE250 tracker funds - law of supply and demand - if you want to entice you must pay the price - and given volumes are only slightly elevated on normal day trading my guess is that price will most likely be a new high.

@ CHQmate : Re Naked Trader - What I find interesting is that he thinks worldpay will acquire Paysafe this year or next - , interestingly the two have just partnered on the PlayStation deal and I am sure there will be other partnerships to come, possibly I-tunes ( that would b huge) and opens up partnering with applepay. This has been doing the rumour rounds Worldpay bid for a few months - although I do expect that those who Worldpay jilted at the alter ( Ingenico and Wirecard and Blackstone to name a few ) might also enter the fray if for no other reason than to marke sure Worldpay really wind up paying for PAYS shares - a stake build by any of these guys is something to really watch out for in the coming months IMHO On the gambling front - NY assembly recently passed a 9-0 unanimous vote to approve online poker http://www.onlinepokerreport.com/19482/new-york-online-poker-bill-passes-vote/ now if NY passes that this year SP will spike with a few others also in the mix - I could see a number of suitors wanting to get into PAYS on the basis of riding that curve - including some big PE firms GLA

Isn't taking JL and team long to refocus the acquired assets to be client centric - that will only drive sales and profits !! "paysafecard, the global market leader in prepaid online payment methods and member of Paysafe Group Plc, has, following comprehensive usability tests, updated its app to meet concrete user requests regarding its visual layout, as well as adding additional services and extended features." Seems to relate to the previous Skrill pre-payed cards. some interest stats at the bottom of the article http://www.finextra.com/news/announcement.aspx?pressreleaseid=62939

The re-rating is gathering momentum, Deutsche having upped theirs to 500p - looking forward to a good qtr

Lock in periods would have applied on same terms to all those who held stock at the time of acquisition and since that had expired for JL and also CVC then I would assume it expired for everyone back in early Dec 2016 Aqn of Skrill was largely cash/debt funded and Skrill shareholders only received 7.7% in shares that vast majority of that would have gone to CVC and its partner - I doubt the directors holdings are material in the scheme of things