Updates

Optimal Payments - 29% upgrade to 2015 forecast

July 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.

The shares shot over £4 after Optimal announced it agreed to buy two profitable fast growing US payment processors, Meritus Payment Solutions and Global Merchant Advisors, an agent which provides a service that helps merchants find suitable acquiring bank relationships and payment processors in return for a percentage fee on transactions. The two companies are commonly run and come as a single package with a total consideration of $225m, of which US$170m is paid upfront (US$110m cash plus US$60m in new shares) with the remainder deferred. Meritus is a lot like Optimals existing STP business Netbanx and processes c.US$3 billion transactions annually on behalf of a base of over 8,000 generally small and medium sized customers. Toget ...

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FlyBe

Advanced Computer Software - Gain since tip at 17p: 591%

Optimal Payments - Skrill trading ahead of expectations (September 2015)

Optimal Payments - Buying rival Skrill (April 2015)

Optimal Payments - Meeting notes (March 2015)

Optimal Payments - Profits in-line with increased forecasts (February 2015)

Optimal Payments - Strong H1 trading continues into H2 (December 2014)

Optimal Payments - Third forecast upgrade since June - new high - gain now 557% (October 2014)

Optimal Payments - Profits "materially ahead" (June 2014)

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 - Neteller e-wallet 2,000 new users a day (April 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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