Updates

Optimal Payments - Neteller e-wallet 2,000 new users a day

April 2013

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.

Revenues in 2012 increased 40% year on year to $179m in 2012, driven by strong organic growth in the Netbanx STP division and a substantial improvement in high margin Neteller e-wallet revenues during H2. As such H2 EBITDA lifted to $16.4m in H2 from H1's $11.2m and is indicative of current run rates. Eps were 14 cents.Revenue growth was concentrated entirely in the Netbanx STP side of the business, which accounted for over three quarters of revenues (US$138.9m, up 52%) with particularly strong growth in Asian processing business and from new customers added in the year. The Netbanx business had a gross margin of 42% down from 45% mainly due to new customer wins being lower risk.The Neteller e-wallet achieved flat revenues ...

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Optimal Payments (April 2014)

Optimal Payments - Trading ahead of expectations (February 2014)

Optimal Payments (December 2013)

Optimal Payments (October 2013)

Optimal Payments - Will achieve 2015 forecast this year (June 2013)

Optimal Payments - Three states legalise online gaming (March 2013)

Optimal Payments - Shares go into orbit (February 2013)

Optimal Payments (January 2013)

Optimal Payments - July and August trading set records (October 2012)

Optimal Payments - US to legalise online gaming on a state-by-state basis (September 2012)

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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