Describing itself as a “global cloud provider of secure payment solutions for business communications”, PCI Pal (PCIP) has issued an “HMRC contract resecured on new eight-year term”-titled announcement and what of the shares currently up to 45p, a £32.6 million market cap?
Describing itself as a “global cloud provider of secure payment solutions for business communications”, PCI-Pal (PCIP) has issued a ‘trading update and new partner’ announcement including commencing that “reported revenue for the year is expected to be approximately £18.0 million, a 20% increase year on year” and adding that the new partner is “a US headquartered business communications vendor” with which it “has signed a major new global reseller contract… has immediately resulted in the signing of the partnership's first customer”. So what of a current share price response towards 56p, a few percent down?
Previously writing on payments technology company PCI Pal (PCIP), a year ago with the shares down to 54.5p I cautioned on whether its “on track” was good enough for the valuation. The shares most recently closed at 55.5p, though what of them currently below 50p despite a stated “pleased to announce” trading update?
Previously writing on payment technology for business communications company PCI Pal (PCIP), 11 months ago with the shares at 58p I concluded that the uncertainty together with a near £38 million market cap meant I continued to avoid. The shares most recently closed at 57p, but what of them currently down to 54.5p on the back of a trading update?
Previously writing on payment technology for business communications company PCI Pal (PCIP), in November with the shares further lower below 70p I questioned how “excellent” the start to its current year?. Now half-year results and the shares at 58p, though up from a prior close 53.5p.
Previously writing on payment software for business communications company PCI-PAL (PCIP), in September with the shares at 76p I noted announcement of patent lawsuits filed against it, to “defend itself robustly” but that the valuation looked to demand, at least, smooth delivery and that I continued to avoid. So what following patent case and trading updates, and the shares currently further lower below 70p?...
Payment software for business communications company PCI-PAL (PCIP) has noted a patent infringements lawsuits press release from competitor Semafone and that its directors “believe that the Semafone claims have no basis… PCI Pal will defend itself robustly against all allegations of patent infringement”. The shares, at 76p, are still though currently more than 14% lower.
Payments software for business communications company PCI Pal (PCIP) “is pleased to announce that the positive trading momentum since the end of Q3 has continued” and that it is “to accelerate the repayment schedule of its outstanding debt of £1.7 million”. What of the shares, currently up on the update to 92.5p, but down from approaching 120p last month?...
“Cloud provider of secure payment solutions”, PCI Pal (PCIP) has updated including “first quarter revenues are 44% ahead of the comparative period last year” and the shares have currently responded to 46.5p, more than 16% higher...
