Updates

Optimal Payments - Share placing oversubscribed

March 2014

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.

Shares in Optimal have shrugged off the sale of 44.6m shares (25% of the company) by an early investor, which is hardly surprising given its bullish trading update on 13 January, which noted revenues will be not less than US$245m (H1: US$118m) while EBITDA should not be less than US$51m (H1: US$25.2m). These were ahead of broker expectations but would have been higher still but for increased investment in headcount, which should pay off in the form of even faster revenue growth. Highlights included first US gaming transactions processed in the second half, while Numis notes that the re-rating in the shares gives it a higher currency through which to fund potential acquisitions. Numis now expects eps to soar from 11.4 cents ...

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Cranswick - Revenues up 13%

Crest Nicholson - Capacity being increased

Optimal Payments - Skrill ahead of forecast (October 2015)

Optimal Payments (September 2015)

Optimal Payments (August 2015)

Optimal Payments - Shares soar after acquisition of Skrill (May 2015)

Optimal Payments - Shares dirt cheap on 2016 prospective PE of 9.5 (February 2015)

Optimal Payments - 11% eps upgrade (November 2014)

Optimal Payments - Two eps enhancing acquisitions (August 2014)

Optimal Payments - Trading marginally ahead of expectations (July 2014)

Optimal Payments - CEO buys 80,000 shares (May 2014)

Optimal Payments (January 2014)

Optimal Payments - New Jersey set to legalise online gambling (December 2013)

Optimal Payments - Online payments processor riding growth of e-commerce (November 2013)

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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