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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Optimal Payments - 11% eps upgrade

November 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.

  • Epic Code:
  • OPAY
  • Price:
  • 445p
Interims have once again exceeded expectations and together with July’s eps enhancing acquisition of Meritus means brokers have been forced to upgrade on an incredible FOUR occasions in 2014. Revenues rose 34% to US$159m (smashing forecasts of US$136m) while net profit rose 91% to US$27.4m. The latter would have increased even faster but for the US$11.5m jump in costs, mainly head count, software and marketing, to support future growth. Cash (net of merchant cash) increased to US$121.6m (31 December ’13: US$93.8m).Within the NETeller e-wallet business, revenues rose 46% to US$41.4m with gross margins increasing from 83% to a massive 87%. The latter reflects changes in pricing for members’ deposits and continued gr ...

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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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