gretel
24 Jan 2017
RNS : huge £4.3m share buyback Great to see SCH buying back £4.3m of shares in one hit at a bargain 195p - this must surely have reduced the seller's ammunition to not much if anything at all:[link]
Regency Green
19 Jan 2017
Re: Good trading update today Totally agree Gretel and my back of an envelope calc gives a potentially big increase in the final dividend in sterling terms (at least 7.70p v 5.14p) assuming full year dividend payout is around £20m. Add 7.70p to the interim dividend of 5.26p and you have a dividend yield of around 6.5% at a share price of 200p. With the growth story and cash pile this share price makes little sense to me and I guess you too.
gretel
19 Jan 2017
Good trading update today Today's update looks good and solid to me, with adjusted EBITDA up almost 10% on last year and an $124m cash pile.Plus a record-breaking Q4 augurs well for this year, along with the closing outlook statement:[link] Company remains confident that its focus on higher quality earnings from its healthy pipeline will yield continued revenue growth during 2017, building profitable momentum into 2018."
gretel
09 Jan 2017
Tipped - and news of a new client win SCH was reviewed briefly and positively in Saturday's SCSW, noting amongst other things that "The share performance has been rather at odds with strong underlying trading and good volume growth".They conclude:"The eps forecast for the year about to end is 16.6p lifting to 17p next year. Keep holding / buy on weakness".In other words - buy now 
))And news of a new client win:[link] Jan 09, 2017 (PR Newswire Europe via COMTEX) -- LONDON, January 9, 2017 /PRNewswire/ --Game monetisation made simple with SafeCharge's advanced payments solutionsSafeCharge (lon:SCH), a leader in advanced payment technologies, today announced that it has been selected by Madmoo, a leading browser game publishing house. As part of the agreement, SafeCharge will provide in-game payments for Madmoo's new title, Rage War created by game developer, Fury Studio. Implementation of SafeCharge's advanced payments solutions has enabled Fury Studio to boost approval ratios, deliver an improved checkout experience for players and reduce fraudulent transactions.SafeCharge provides a range of payments products and services including a customised Personalised Cashier, a comprehensive back office featuring advanced reporting tools, and robust fraud prevention capabilities. In order to market the game globally, SafeCharge has enabled a number of local payment methods, currencies and languages to provide global coverage.etc"
gretel
12 Dec 2016
Very cheap on fundamentals imo Shore Capital issued their latest forecasts on Friday. They are: - this year : 15.76p EPS, 13.95p divi - next year : 17.23p EPS, 15.02p diviNext month SCH will therefore be on a current year P/E of just 12.7, with a 6.3% dividend yield.And with £100m+ of cash representing almost 30% of the m/cap!
gretel
05 Dec 2016
Tipped on T.M.F Good summary of why this investor would buy SCH - and it doesn't even mention the £100m+ cash pile.....[link] I'd buy Safecharge International Group Ltd over Monitise plcThe Motley Fool Dec 2, 2016 Payments services provider Safecharge(LSE: SCH) has released an upbeat trading statement today. It shows that the company is making good progress with its strategy and is on track to meet full-year guidance. It also provides clues as to why it's a better buy than Monitise(LSE: MONI) at the moment.Strategy progressSafecharge's strategy to win tier 1 customers is progressing as planned. In new verticals, it's now processing and acquiring European card transactions for Nayax, which is a solutions provider for the unattended machine industry. This includes vending machines in over 100,000 locations worldwide. In traditional verticals, Safecharge has higher quality revenue after tier 1 client wins such as PaddyPower Betfair and Sun Bingo. This should provide it with greater stability and resilience, while also boosting its growth rate.In new markets, the company is now operating in Italy, Romania, Portugal and Poland. This increase in geographic diversity reduces the company's risk profile, while also allowing it to access potentially higher rates of growth over the medium term. And with a new office in Singapore as well as expansion within the travel and airlines market, the outlook for the business is very encouraging.Looking aheadSafecharge is forecast to record a rise in its earnings of 28% in the current year, followed by further gains of 12% next year. On their own, such strong growth rates have the potential to improve investor sentiment. However, when combined with a price-to-earnings (P/E) ratio of 14.7, it equates to a price-to-earnings growth (PEG) ratio of 0.7. This indicates that there's a wide margin of safety on offer, which should lead to substantial share price growth in future years.In addition to growth and value appeal, Safecharge also has excellent income prospects. It yields 5.5% from a dividend that's covered 1.2 times by profit. Alongside its high earnings growth rate, this indicates that there's scope for a brisk rise in dividends.Relative appealThe payments services market is relatively broad and highly competitive. One operator within the mobile payments space that has enjoyed success in winning major clients is Monitise. Its mobile banking platform has been popular with customers and consumers alike. And the bad news? The company hasn't been able to turn a successful product into a winning business model.For example, Monitise remains lossmaking and is forecast to be in the red in the current year. While it has the potential to turn itself around in the years ahead, Safecharge is the company that's performing well now. As such, it offers a much lower risk profile than Monitise, as well as clear catalysts to push its share price higher and a generous, well covered yield. As such, I'd buy Safecharge, but would avoid Monitise."
gretel
02 Dec 2016
Re: Excellent year end trading statement Shore Capital very positive today:[link] payment provider SafeCharge International said it was trading in line with expectations as it as it moves to gain tier one customers.The AIM-listed company said that trading ahead of the financial year end was “strong” and that full-year results are expected to be in line with market expectations, while its strategy to win tier one customers in both traditional and new markets was making considerable progress. Within traditional markets, the company is benefiting from increasing revenues following recent tier one client wins including PaddyPower Betfair, Sun Bingo and Sisal. In new markets, the company is now processing European card transactions for Nayax, a vending machine payment provider, with over 100,000 terminals worldwide. Broker Shore Capital said this is the company's first major move into physical point of sale with potentially significant volume flows. In parallel, the rollout of its payments service for Israel's national airline, EL AL is on track. The company is also launching into new European markets in Italy, Romania, Portugal and Poland,and opened a new office in Singapore. Looking ahead, the company said it will enter the new year “having expanded its tier one customer base, with customers in new sectors, including travel; retail and unattended point of sale, new markets and with a strong pipeline which provides confidence for 2017 and beyond.”Shore Capital said it believes that both transaction volumes and acquiring services continue to gain traction with strong growth achieved, driving underlying revenue growth rates and operating margins.“We also note a continuing process of vertical and regional diversification, improving revenue and earnings quality, in our opinion.”"
gretel
02 Dec 2016
Re: Excellent year end trading statement Consensus EPS for the coming year is 18.21p EPS from 2 analysts - with a 13.71p dividend.And SCH also have well over £100m net cash, i.e almost a third of the m/cap.On an EV basis the 2017 P/E is therefore somewhere around 8 at the current 225p. Simply far too cheap imo.
gretel
02 Dec 2016
Excellent year end trading statement just out:[link] stock is cheap as chips.SCH should be fundamentally re-rated upwards purely on fundamentals, growth and prospects for the current business alone.And one day we will also likely wake up to a large earnings-enhancing acquisition from the huge cash pile.I can see this being at least a one bagger from here if all goes well.
gretel
11 Oct 2016
Two good news RNS's today - Miton Group have been buying and have gone above 5%, with over 8m shares:[link] - and SCH have bought back 1.9m shares at 215p each to satisfy future option exercises. They evidently consider this a satisfactorily cheap level to make this worthwhile:[link]
gretel
05 Oct 2016
New contract win today Impressive RNS out this morning:[link] a spread of forecasts at present post-interims.Per Hemscott Canaccord go for 17.39p EPS this year and 19.43p EPS next year. Shore go for 13.23p and 15.9p respectively.Similarly with dividends - Canaccord go for 12.14p and 12.06p (not sure why it falls slightly next year), whereas Shore go for 8.22p and 9.04p.I suspect Hemscott are using Canaccord's forecasts in dollars and not sterling by mistake!Taking into account the $128m+ cash pile SCH looks pretty good value to me.
gretel
13 Sep 2016
Good results today The dividend is way ahead of forecasts, and EPS is ahead of most forecasts at first look too.The outlook couldn't be better:"The Group enters the second half with a strong pipeline, benefiting from a number of significant new client launches and with our Acquiring Services performing ahead of expectations. Management are confident of growth prospects into 2017 and beyond"Given such solid results I can only assume that a few traders have over-reacted to the single comment that growth is expected to be "more moderate" in H2 this year. Given the solid progress in H1 that isn't a problem for me, and there's still time for growth to pick up anyway.Worth noting that the cash pile is now up to effectively £100m. Today's RNS signals M&A on the way soon.....
Roger Baron
12 Sep 2016
Re: Gervais Williams has been buying SCH Surprised that it is described as a new holding. I heard him talking about this holding Jan or Feb last year!
gretel
12 Sep 2016
Re: Gervais Williams has been buying SCH Gervais Williams has plugged his recent investment in SCH in another new article:[link] concluded his comments with the remark that, ‘The capital raised from selling companies in the last month has been invested in a series of new holdings such as....Safecharge in July.’....Safecharge is a £396 million market cap company with a yield of 3.8 per cent that reported a profit of £22.7 million for the year to the end of December 2015."
gretel
09 Sep 2016
Gervais Williams has been buying SCH Nice - the stock market legend Gervais Williams has recently been buying into SCH via his Miton Group:[link] haven’t made a lot of changes; cash-generative companies with good potential for dividend growth are still very important for us.’ He points to London-listed online payment operator Safecharge as one share he has snapped up since Brexit: ‘The share price was decimated even though the company has $100 million in cash.’"
