Updates

Optimal Payments - Skrill ahead of forecast

October 2015

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.

A good month for the shares, which raced away to a high of 333p. Having now completed the acquisition of Skrill, Optimal has released interims for the original business that showed revenues rising 40% to US$223m and adjusted EBITDA increasing 28% to US$49.9m. It’s an even better performance if one considers that the comparative H1 ’14 had seen a spike in World Cup related volumes from its biggest merchant (licenced in Europe, but focused on Asia), which represents 29% sales although that will reduce to 15% post Skrill. At NETELLER, the e-wallet business for online gamblers, sales rose 35% to US$49.8m, excluding adverse weakening of Euro against the $. NETBANX, the payment processing side, increased sales 21% to US$ ...

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Cranswick

Aldermore - NIMâ€ˆjumps from 3.3% to 3.6%

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 - 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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