Updates

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.

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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Smart Metering - Meter asset management grows profit 61%

Dixons Carphone - Merger breathes new life into shares

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 - 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 - Share placing oversubscribed (March 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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