gretel
24 Mar 2017
RNS : director share buying A good sign to see the COO buying £12k of shares:[link]
Ramptastic
23 Mar 2017
Re: Ticking up today It looks like a decent steady business with reasonable growth, yet the SP has gone no-where. Some room for catch-up hopefully, as you say.Jim
gretel
23 Mar 2017
Ticking up today The dividend yield is terrific, but imo this is one of those stocks where after long periods of consolidation something - usually yet another good set of results or a decent trading statement - coincides with a market where sellers have run out of stock.This causes a large and sudden re-rating.In SCH's case there's a good 50% or more upside imho.
gretel
21 Mar 2017
Canaccord : Buy with 320p target Canaccord today reiterated their Buy and 320p target:[link] same article notes that Berenberg also say Buy, with a 324p target.
Ramptastic
21 Mar 2017
Re: Very good results and outlook today Another stock we both hold Gretel - we must follow a similar strategy.Jim
gretel
21 Mar 2017
Very good results and outlook today They look ahead of expectations to me in terms of EBITDA/PBT and perhaps EPS, though difficult in the latter case as SCH don't publish the adjusted EPS.The £115m cash pile and the big 16.47c dividend reinforce the value here.The outlook for 2017 is extremely bullish, and it seems to me the revised guidance for EBITDA is also ahead of current expectations:"Following a successful year to 31 December 2016 and building on the strong trading and operational momentum achieved in Q4, the Group has made a good start to 2017. Transaction volumes continue to grow in our core payment processing and acquiring platform and the Group has a strong sales pipeline. The company continues to generate significant free cash flow, which is being returned to shareholders through the company's dividend. The Directors look forward with confidence to 2017 and beyond.The Board is issuing guidance for 2017 with revenues expected to be in the range of US$115m to US$118m, and Adjusted EBITDA between US$36m and US$38m. This will be driven by continued growth from our existing client base and over $1bn in annualised processing volumes from new clients due to start processing in 2017. "
gretel
08 Mar 2017
Another new client win [link] 8, 2017SafeCharge selected by online travel agency Anywayanyday for payment servicesSafeCharge continues growth in travel sector driven by demand for increased transparency in an increasingly complex marketSafeCharge (LON:SCH), a leader in advanced payment technologies, today announced that it has been selected by online travel agent (OTA) Anywayanyday to provide payment services. Anywayanyday was looking to improve transparency and control around its payments, to better combat fraud and improve business efficiency. As part of the collaboration SafeCharge will be providing card acquiring, enhanced back office and financial reporting, improved resilience, with unparalleled availability, and travel-specific fraud protection. The announcement builds on the continued growth of SafeCharge in the travel sector with wins such as El Al Airlines. The travel industry is increasingly demanding, with the traditional agency model giving way to a digital-first approach with OTA’s like Anywayanyday growing rapidly. These OTAs are not only accepting payments from consumers across an increasingly multi-channel environment – especially as mobile becomes more popular – but also need to reconcile payments with their travel partners: airlines, hotels, tour operators, etc. The delay between booking the service and the use of that service (often months) creates risk as the card used for the initial booking may later be found to be fraudulent when the full transaction is settled. Furthermore, OTAs are subject to frequent fluctuations in transaction volumes, creating a need for a payments platform with continuously high uptime. Businesses operating within the travel sector run the risk of incomplete transactions, reducing bottom lines and increasing customer churn if the payment system cannot meet this need. etc"
gretel
02 Mar 2017
New client win Good to see a new client in the form of Funzig:[link]
gretel
28 Feb 2017
RNS re Asian expansion Good news today - Asian expansion in China, Hong Kong and Singapore:[link]
gretel
24 Feb 2017
Ex-cash P/E of only 9.5 for 2017 Forecasts for 2017 range from Shore Capitals's 17.23p EPS, with a 15.02p dividend, to Canaccord's 19.43p EPS with a 12.06p dividend.And at y/e 2016 there are cash/equivalents of $124m = £100m = 67p per share with no debt. With a forecast of say 18p EPS and at least 12p divi for 2017, at 238p SCH are trading on an ex-cash P/E of just 9.5.Here's a new interview with SCH's COO:[link] "COO of SafeCharge Talks Regulation and the Future of Payments Yuval Ziv talks with Finance Magnates in an exclusive interview. Yuval Ziv is COO and Managing Director of SafeCharge Bulgaria. He is responsible for SafeCharge’s relations with acquiring banks, payment providers, and third-party suppliers. Finance Magnates sat down with Ziv to talk about SafeCharge and the payments market. SafeCharge has recently taken a minority stake in Nayax. What does this say about the firm’s current direction? SafeCharge is implementing its strategy of becoming a multi-channel payments technology company and as such Point-of-Sale is an important part of our offering. The minority investment is to be used by Nayax for further expansion of its service and growth of the business. Tier 1 customers are targeted by SafeCharge. What sets SafeCharge apart from the competition? Our uncompromised determination to serve highly demanding businesses from various sectors of ecommerce along with a broad range of products to choose from: multi-channel checkout, cards acquiring (proprietary and 3rd party), alternative payments, risk management, cards issuing that are all built on our proprietary technology platform and are accessible to developers using the latest user-friendly REST API. In addition, we have created a winning team encouraged by a can do attitude across the organisation resulting in an extremely high level of customer satisfaction – this is a huge aspect that sets us apart from other companies in the payments domain. What advantages does SafeCharge provide to its online trading costumers? Our technology platform is highly robust and designed to last and we are extremely proud of its uncompromised uptime and availability. In addition to this, the service is fully transparent to clients, such as the simple onboarding process and transparent financial model that provides detailed reporting allowing a drill down to a single transaction level. Additionally, we have built in support for bi-directional payments for both cards and alternative payments so the platform is designed to facilitate payments from trader to broker and vice versa. These are some of the unique benefits that are available to our online trading clients. Where do you see growth potential in the market? As a payments technology company we are positioned to support variety of demanding businesses operating in the digital economy and we are in a unique position to benefit from the exponential growth of these sharing economies. How do the tightened regulations in FX and binary options affect SafeCharge? We are pleased to see the tightened regulation development as it will clearly define what brokers do and don’t practice. Our product roadmap contains significant investment in the embedding of a set of KYC measures into the payments process in order to provide an integrated service to the broker. These solutions will become essential to brokers in order to comply with the developing regulation.What are your goals for the company over the next few years?We are committed to developing innovative payments solutions to serve the emerging need for regulation compliance, as well as a solid and easy to use payments solution that facilitates the growth of the new economies. Our aim is to provide complete transparency to clients, consumers and our employees along with a customer centric approach resulting in client retention."
gretel
20 Feb 2017
Moved up nicely.... here over the last 10 days or so whilst I've been away. Ticking up again today on small buys, so hopefully our seller has disappeared.Lots of upside here imo - and if there's a large acquisition from the £100m+ cash pile then the share price could rocket 50%-100% if all goes well.Incidentally, Shore Capital forecast dividends of 13.95p for last year and 15.02p for this year (2017) - that's a 6.1% divi yield at 247.5p.
Regency Green
02 Feb 2017
Re: Naked Trader buys SCH Roger, see the trading update on 19 Jan: "The Board reiterates its expectation that the full year dividend will total 75% of Adjusted EBITDA for the period." I did a back of an envelope calc the same day which if I update for the higher share price today now gives a yield of approx. 5.5%.
Roger Baron
02 Feb 2017
Re: Naked Trader buys SCH Bit surprised to read that Naked Trader states "pays a massive div more than 6%"Don't think it does. The dividend is quoted in dollars and currently equates to a yield of under 4.6% based on historic figures I think. Or is NT basing it on the expected div yet to be announced?
gretel
02 Feb 2017
New contract win today Good news just out:[link] Entertainment Technologies Selects SafeCharge Payment Services For Regulated Sports Betting in Portugal Published: Feb 2, 2017 2
1 a.m. ETTailor-made deposit and withdrawal solution designed to fit unique requirements of newly regulated Portuguese sports betting market SafeCharge , a leader in advanced payment technologies, has been selected by Bet Entertainment Technologies to provide a range of advanced online payment services for its Portuguese market-leader operation (bet.pt). Powered by software provider SBTech and regulated by the SRIJ, Bet Entertainment Technologies provides online sports and casino betting for the Portuguese market. The deposit and withdrawal journey for Portuguese players is enriched with access to localisation capabilities such as language, currency and local payment methods. SafeCharge's Personalised Cashier, a customised deposit and withdrawal solution, is directly integrated into SBTech's Sportbook and iGaming platform. The Personalised Cashier solution provides the ability to make deposits and withdrawals seamlessly with unique localisation capabilities such as diversification of global and local alternative payment methods, specifically preferred payment method Multibanco, multiple currencies and languages. Sophisticated fraud prevention technologies improve Bet Entertainment Technologies' internal risk operations across both cards and alternative payment methods. SafeCharge's integration into SBTech's platform accelerates time to market for Bet Entertainment Technologies as well as enhancing service functionality in terms of improved player experience. "We needed to go to market in a very short amount of time and payments presented a big challenge. Efficiency of withdrawals and deposits, whilst adhering to stringent regulations, is critical to our business, and optimising the process was a major task. Furthermore, we needed a technology partner that is integrated with SBTech's platform to speed up time to market and reduce the operational burden," said Gabino Oliveira, Chairman, Bet Entertainment Technologies. "SafeCharge's payment services not only met but exceeded expectations in terms of implementation, delivery and ongoing payments expertise." "Bet Entertainment is an exciting, forward-looking company just starting out on its online journey. Using our payments services its players will benefit from maximum flexibility in terms of deposits and withdrawals along with a compelling user experience, total transparency and unparalleled security. We're confident this will not just support but accelerate Bet Entertainment's online growth," said Yuval Ziv, COO, SafeCharge. "The integration with SBTech also means that anyone else using this leading platform can also reap the benefits of our award-winning technology."
gretel
27 Jan 2017
Naked Trader buys SCH Great to see that the Naked Trader has just bought in. He's a shrewdie. And he normally holds for a long time - often a number of years - unless the story changes.He's certainly made the difference here. It just needed a spark, and like him I can see 300p on the horizon, and more if SCH make a decent acquisition with the cash pile. Here's what he says:"I bought some Safecharge (SCH) which we discussed at the seminar. Four reasons for buying.A. It looks cheap. Trading on a low multiple looking at forecast next profit and the current market cap. I would rate it nearer 300p.B. It has tons of cash.C. It pays a massive dividend, more than 6%!D. It looks a sitting duck for a takeover from a bigger payments company such as Paysafe or Worldpay. (Obviously just a thought on my part!)Downside? Perhaps it could lose a major customer. And its shares look a tad suspiciously cheap but I am willing to take that risk! And there seems to be a big supply of shares stopping upside. Anyway I have bought quite a few as the upside points seem to outweigh negatives. As I explained at the seminar, negatives must be pored over!"
