Market's view on Paypoint
Published on April 2024
- Concerns about a potential buyback programme due to existing high debt levels, with suggestions that the company should instead focus on reducing its debt.
- Observations about the share price consistently dropping on small volumes, indicating possible manipulation or lack of robust investor support.
- Mixed opinions on the effectiveness of share buybacks in supporting the share price in the long term.
- Positive market reactions to recent financial results showing nearly a 10% increase.
- Preferences expressed for increased dividends over share buybacks as a means to return value to shareholders.
- Discussions on the movement of money to different stocks within the market.
- A detailed company trading update anticipating strong financial performance including an underlying EBITDA in excess of £80m and considerations of a share buyback programme.
- Speculations on future share price movements based on upcoming detailed financial disclosures.
- Comments on the disproportionate impact of trading small volumes of shares on the share price, suggesting thin trading or possible manipulation.
- Questions raised about recent unexpected share price movements, with some stock watchers feeling puzzled by the lack of clear causes.
- Criticism of minor adjustments in price targets, questioning the precision and relevance of such changes.