Updates

Paysafe - Barclays lifts price target to 560p

February 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Paysafe is a gift that just keeps giving. The shares surged to a new high of 417p after it noted full year revenue and adjusted EBITDA are expected to be ahead of market expectations. FY ’15 revenue will be c. US$600m of which H2 generated around US$380m, while FY’15 EBITDA should be c. US$150m, with the second half being a strong US$100m. Barclays estimates that organic revenue growth for the group was 12%, despite weaker revenue growth in China and Greece. Excluding those the remainder generated “high teens” growth and there was standout strength in the US processing side of Optimal Payments.The integration of Skrill is going well with synergy savings expected to be at the top end of the previously announ ...

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Paysafe - Re-rating ahead of more acquisitions (May 2017)

Paysafe - Beats expectations again (February 2017)

Paysafe - Rating is depressed for no good reason (January 2017)

Paysafe - Beats expectations again (October 2016)

Paysafe - Beats forecasts again (July 2016)

Paysafe - Shares hit a new high (May 2016)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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