image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Updates

FireOne - Shares have doubled since AIM debut

September 2005

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:
  • FPA
  • Price:
  • 493p
Recent AIM entrant FireOne, which provides online payment processing solutions to internet gamblers and merchants, has made an electrifying debut, rising nearly 200p since we first highlighted them in our June issue. Its maiden interim results were also very strong, with revenue increasing 63% to US$17.5m and pretax profit increasing 118% to US$12.6m in the six months ending 30 June. FireOne has made good operational progress with plans now advanced to expand its services into other countries, including Canada and the UK. Its other highlight was the recent development of the capability for its online gamers to fund their FirePay electronic payment wallet from their mobile device. FireOne’s broker, Numis, has released its f ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

FireOne - Payments processor good value again (March 2006)
Fireone - NETeller rival enjoys warm reception (July 2005)
FireOne Group - NETeller rival eyes float (June 2005)

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe

SUBSCRIBE NOW