Fireone a "mini NLR" floated today on AIM looks interesting with plenty of growth possibility..



Embargoed until 0800 2 June 2005

FireOne Group plc
('FireOne' or the 'Company')

First day of dealings on the AIM Market

FireOne, the provider of payment processing services for the online gaming
industry, announces that its entire issued ordinary share capital has today been
admitted to trading on the AIM market of London Stock Exchange plc
('Admission'), under the ticker symbol 'FPA'.

As part of the flotation, Numis Securities Limited placed 10,000,000 ordinary
shares at 241 pence per share (the 'Placing'), raising 24.1 million (before
expenses) in cash for Optimal Group Inc., the parent company, as a selling
shareholder. As at Admission, there are a total of 50,000,000 ordinary shares in
issue with a market capitalisation (at the 241 pence per ordinary share placing
price) of 120.5 million.

Mitch Garber, Executive Chairman of FireOne commented:
'We are very positive about the continued opportunities available to FireOne
within the growing online gaming industry and our admission to AIM, amongst
other respected leisure and gaming companies, is the next logical step in
FireOne's development.'

- Ends -

Enquiries:

FireOne +44 (0) 78 7023 4746
Ben Dalfen, Chief Operating Officer
David Schwartz, Chief Financial Officer

Numis Securities Ltd +44 (0) 20 7776 1500
Jag Mundi / Amer Khan / Andrew Burnett

Weber Shandwick Square Mile +44 (0) 20 7067 0700
Kirsty Raper / Nick Oborne / Susanne Walker

Notes to editors:

FireOne is a provider of payment processing services for the online
gaming industry, providing the operators of online casinos, poker rooms and
sports books (including Sportingbet/Paradise Poker, Casino on Net (
www.888.com
)
and PartyPoker.com) and their customers with a secure, convenient and
cost-effective system to collect, deposit and withdraw funds.

As at 31 March 2005, the business was providing its services to over 300
online gaming operators, representing approximately 1,500 websites.

For the 12 months ended 31 December 2004, the business delivered profit
before tax of US$14.8 million on turnover of US$43.0 million. Unaudited results
for the three months ended 31 March 2005, show profit before tax of US$6.0
million and turnover of US$14.9 million.

Since the mid-1990s, revenues in the online gaming industry have grown
at approximately 35 per cent. per year to exceed US $7 billion in 2004. This
figure represents only 3 per cent. of the total worldwide land-based and
internet gaming market and these revenues are expected to show significant
growth in the next few years.

The Placing shares represent 20 per cent. of the issued share capital of
the Company, with the balance being retained by Optimal Group Inc. ('OGI') and
one of its subsidiaries. OGI is a leading payments and services company, based
in Montreal, Canada; its shares are quoted on NASDAQ (OPMR:NAS). Prior to the
Placing, FireOne was a wholly owned subsidiary of OGI. The Company has not
raised any new funds as the Directors believe that the FireOne is able to
finance its operations from its existing cashflow.

The Directors believe that the Placing and Admission will give FireOne
focus and increased autonomy from OGI; greater profile and status; and greater
prominence in Europe for future growth.

Now up 7.95% in the first hour of trading.
Some more info .FirePay has signed up over 700,000 customers increasing by 919 per day This compares to NLR,s 1.5 million and 2,862 daily sign ups.
Fireone group may be a NETeller in the making.

Now up just over 10%..

jimmy
I'm so lonely, nice place you got here, a bit like PayPal but for gamblers. I wont tell Pat his a bit to young.

Well im happy , up nearly 14% on the day..

FireOne Group and its subsidiaries process online gaming transactions through the use of credit and debit cards, electronic debit and through FirePay, a stored-value electronic wallet. FireOne offers FirePay for non-gaming purchases as well.

http://www.firepay.com/

:

http://www.optimal-robotics.com

Another useful link.

very interested in this one--will watch and wait for a while. no spare funds at the moment but certainly looks promising.

Same as mp, just topped up PCM, this one is ticking up nicely.

I bought first thing yesterday, driver/moneyplus, got in at 265, sold some and kept the rest, up 35p . I am wondering if you look at the finer details to this if its not going to take a step back at some point.

NLR dropped back quite a bit after floating-- before it finally got going. I couldn't resist picking up a few though--I'll probably regret it Monday but if it follows NLR we could be in for quite a ride!! Profits and turnover only about a third of NLR's though so wouldn't think it will go as high unless it becomes a bubble. Driver-I also picked up 500000 PCM for my ISA--if they eventually come good it's all tax free!! such a sense of power buying a large holding for peanuts! have a good weekend all. MP

mp
I think you have over taken me on the PCM'S

jimmy
Well done I wouldnt mind making 35p.

Very funny driver , join me, i might make 70p on monday..

jimmy
Have a look at pcm its going to kick off soon.

Are you ramping driver ? lol , ill have a read..

jimmy
Yes, but don't tell Don Q 1st.

Slowly ticking up again..

FireOne Group plc
22 June 2005


Embargoed until 0700 22 June 2005

FireOne Group plc
('FireOne' or the 'Company')

License Agreement Signed with Phantom Fiber

FireOne Group plc, a leading gaming payments provider, and Phantom Fiber
Corporation, a leading developer of wireless platform software, have partnered
to mobilise FireOne's stored value wallet, FirePay (
www.firepay.com
). The
FirePay funding method will be promoted and recommended by Phantom Fiber as a
preferred payment method.

The companies have signed a four-year license agreement under which FireOne will
integrate Phantom Fiber's advanced wireless platform to extend its payment
solution to mobile customers with support totalling more than 1,000 mobile
device types worldwide. FireOne's mobile payment solution will provide customers
with seamless account funding, transaction history and usage reporting. The
companies expect that deployment will be completed within the next 30 days.

The first phase of the agreement will allow customers to download the mobile
wallet application to their cellular device and fund their FirePay account
virtually anywhere, anytime and still enjoy their mobile gaming with
applications powered by Phantom Fiber. The ability to access account balance
information and historical transactions will also be included.

Ben Dalfen, Chief Operating Officer of FireOne stated: 'With over 300
established clients representing approximately 1,500 websites in the online
gaming industry, FireOne views mobile gaming as a next logical progression for
our services. We partnered with Phantom Fiber because of their proven wireless
platform solution and their entry into all verticals within the gaming industry
- from sportsbooks to casinos to poker rooms and more.'

'Over the next ten years, industry experts believe that mobile wireless gaming
is poised to grow as fast as the PC-based gaming industry has grown, and FireOne
is well positioned to capture our market share of the payments side of the
business.'

Jeff Halloran, President and CEO of Phantom Fiber commented: 'Since 1997,
FireOne's management team has been involved in the online gaming industry and
their experience has allowed them to capture a significant share of the online
payment processing transaction market - making them one of the premier payment
processors in the industry. Because our platform solution is deployed in many
gaming verticals, FirePay customers will be able to use their mobile wallet for
all types of gaming transactions and eventually for mobile commerce without ever
requiring a desktop PC to manage their account. In the final analysis, players
and consumers want convenience which Phantom Fiber precisely delivers with
worldwide access and transactional capability from virtually any mobile device.
After several discussions, FireOne has proven to be an extremely creative
company with many ideas that will allow them to become a premier payment
processing method for the mobile commerce sector.'

- Ends -

not quite the same as NLR but here's hoping the sp rises nice and steadily!

Up 9p today, and up 22%since the start of the month, is no one else in this , i'm getting a bit lonely on here.

I'm still holding and have good vibes about this one--we'll do well together jimmy.

Good moneyplus , i bought the day they floated and so far so good, 22% in one month is a good return, still watching carefully though .

I picked up some Isat and they are up too--worth a look.

jimmy-doyou think this is going to shoot up like nlr--it's doing well today, keep this up and I'll be well pleased.

It's been a bit of a steady eddy, and that's fine with me. NLR's well down i'm looking for the next ride up with that.

Up it goes again , it's no steady eddy this week..

Up 19p now, this is flying.

Any news about to break do you think??

I don't know why the rise moneyplus , i'll have to search tonight when iv'e more time ,still happy with that.

Going well again today , up 19.5p..

I'm still holding jimmy--looks as though we're on our own! When people wake up to this I think it will perform like NLR and that one is rocketing up at the moment and I haven't found our why. I wonder if GF has checked these out?

No problem moneyplus we'll go it alone , glad i kept a few of these...JB..

This one looks better value than NLR at the moment. Bought some yesterday at 379p and topped up today at 387p. Trading announcement is scheduled for 9 August. The parent company (Nasdaq listed OPMR) announces results after market closing on 8 August. It has not attracted the same attention as Neteller (which is now worth almost 1 billion and hence has got the big boys interested) but there seems to be no reason why it should not just as well.
Keep holding and enjoy the ride.

From what you guys and gals are saying I may join you tomorrow. Am in NETeller for the long ride. Lets hope it keeps going North SD

I'm in @ 390 so you are not so lonely, many others joining to SD

Yes i'm still in from the day of float, sold some when they had made big gains and kept the rest,,wish i had kept them all now. Surprised that more people on here didn't get in to these after the success with NLR..

400p about to be breached.
It's looking good for next week and up to the trading announcement on the 9th August.

Sold out afew weeks back to take profits--now back in today as a TS is due on Aug 9th and it looks as if it will be good!! still plenty of buying.

Extraordinary Friday afternoon leaving FireOne at 433p !!!
Roll on next week.
Mono

SD
thanks for the tip on this one. I feel I may have missed the boat with today's vertical take off into highly overbought territory.

Although there is no saying it won't go a lot higher before a substantial retracement (a la NML). Do you reckon it's still worth a punt on Monday?

Good luck to you and Driver (still got PCM in my sights!), MP and Jimmy (hey! gimme a little more notice next time, guys!)

sd

stockdog,,i put this up on the 2nd of june, the day they floated , when i bought in ,i was on my own for a while , no one visited here . Glad i held on to a few..

stockdog,
From what I can see from my charts everything is in place for the run to continue, but with such a rise there are bound to be profit takers appearing on Monday morning it depends on the volume of the profit takers, just after open yesterday there were quite a few sells all bunched together but it only knocked a few pence(6-8p) from the price when it was up 12p so it remained in positive territory. The RSI is well overbought but the 5:35:5 MACD is well above the signal line as is the stoch and the MA's are right but I wish I had a crystal ball !!!! I'm afraid its up to you .. SD

Stockdog,

I agree, I don't like buying a share that's just shop up a cliff either, sometimes the descent is just as rapid!

This does look like a decent stock, and for those that already hold it must be a hold, or even a buy if you have a substantial profit already as you can average up.

Thanks Jimmy, SD. Let's see what happens Monday.

if you check the NLR chart it has performed in the same way--I took NLR profits and missed the last steep climb so now I'm back in this one I'm holding tight!!

anyone interested-should buy next week IMO the figures are Aug 9th.

Price seems to be acting similar to last Friday, only today just in negative territory.

I have bowed to the weight of opinion and dipped my paw in this morning.

sd

I've topped up some more this morning at 434.5p
FPA now constitutes 35% of my portfolio (with NLR weighing in at 15% too).

I think I need to lie down for a bit !!!

;o)

stockdog,
hope you got in at a good price and subsequently held your nerve and were not stopped out ??? SD

Held my nerve and ducked the opening hike, but equally missed the midday low since the beach in Cornwall is not yet fitted with Wireless! Got in at just under 434 - not too bad, although not in such large volume as supermono (good luck to him).

Thanks for the paw-holding during this delicate operation. I'm always a bit nervous trying to catch a share in such upwardly mobile mode.

sd

stockdog

thanks for the good wishes.
I'm still in there (it's 465-470 as I write).
Certainly plan to hold all of this week (barring and general stock market shake up).
Will reassess the situation on Monday as I suspect it may get a mention in the Sunday papers (whether it be positive or negative) and I don't think I'll have the nerve to hold onto all the shares so may just get rid of a tranche.

Supermono

I have been in there since last week bought @3.87 sold @4.40 back in again @ 4.25 same day.Bought some more again this morning AND SOLD @4.75.
Have I done the right thing?

doitalldoc,
looks like you should have stayed i'm still in from 390 SD

This share has only risen about 70% since it first traded, even at today's 500p+. Compared to NLR it has a long way to go, even though shares priced in whole pounds always look like they are never going to double (cf PCM at 0.17p! especially).

I will hold whilst the SP remains above the 25dma.

sd

SEADOG,
You are probably right. But I guess I have made enough so no hard feelings! good luck to you guys.
Let me know if you think I should get back again. How far do you think its going to go up?

doitalldoc,
How long is a piece of string?? Anyones guess, but I think the price will be tempered by the results due on the 9th. I think an exit plan should be in place for this date if not before, but stockdogs 25 dma exit depends on which ma he is using, I prefer to use 10 and 20 day exma because ma's are lagging. Sorry stockdog !!......... SD

Apparently mentioned in today's Daily Express - cannot access it on the Express website so may have to venture outside to buy a copy !!!!!

supermono13,

HEY BIG SPENDER !!!!

I normally have staff to buy papers for me but they are on holiday !!!!

;o)

I am back in again this morning guys! could not resist to look at my portfolio without fpa. I think I am in for the long ride this time.

Bit of a pullback today, had to be expected i suppose after the huge rise, also the gaming sector as a whole a bit down .

I have been without a comp. all week and missed all the fun! might have been tempted to take profits yesterday but will hold on for results now I think--could follow the NLR chart if we're lucky.

I know I should'nt have bought the grandchildren some today But I did............Early.

same hear I went in too early.I hope the result do us all proud I have 25k on it. I am going to have sleepless night untill next Tuesday.Fingers x...

Friday morning and FPA holding firm whilst NLR is experiencing a bit of turbulence. A lot will, of course, depend on the results on Tuesday but gut feeling is that FPA offers the better value at the moment.
Whilst NLR is followed by several brokers and this helps when making a judgement on whether to invest or not, there are only the company announcements to go on in the case of FPA. The figures for the first quarter this year were spectacular and Tuesday will provide a much better idea as to how the company is doing.
If the second quarter is anything like the first quarter then we ought to have take off.

Have a good weekend everyone.

Have a good weekend !!, it's only 9am , get back to the computer..
Ps looking forward to tuesday myself..

FPA result is going to be more than the market expection .......so fear not FireOne will FIRE UP ....after the result.

Thread created for The more intelligent

https://www.moneyam.com/InvestorsRoom/posts.php?tid=8461#lastread

MONTREAL--(BUSINESS WIRE)--July 25,2005-- Optimal group Inc. (NASDAQ:OPMR), a leading payments andservices company with operations throughout North America and the United Kingdom, will report second quarter 2005 results on Monday, August 8,2005, after market close.

Optimals conference call will be held on tuesday, August 9,2005 at 10:00 am (EDT). It is the intent of Optimal's conference call to have the question andanswer session limited to institutional analysts and investors. The call can be heard beginning at 10:00am (EDT) as an audio webcast via Opmimal's website at www.optimalgrp.com. As well, optimal invites retail brokers and individual investors to hear the conference call replay by dialing 514-861-2272/1-800-408-3053 access code3158706#. The replay may be heard beginning at 2:00pm(EDT) on August 9,2005 and will be available for five business days thereafter. ENDS.

A chart of OPMR can be had at www.bigcharts.com or www.smithbarney.com......SD

Can some one please tell me what is so special about fireone?

FireOne was placed at 241p, and although the share price has been doing pretty well lately, Last week it went up to 5.15, still would appear to have escaped the attention of the big boys apart from Morgan Stanley and is still valued at under 200 million. Result is expected tomorrow, I am hopping to see a upside and some brokers comments to lift it up further over the next few weeks.

Excellent news from Optimal after hours on NASDAQ.
Fireone appears to be doing very very well.
Mono
;o)

Optimal Group Announces Second Quarter 2005 Results; $8.7 million in Underlying Earnings for the Quarter



MONTREAL--(BUSINESS WIRE)--Aug. 8, 2005--Optimal Group Inc. (NASDAQ:OPMR), today announced its financial results for the second quarter ended June 30, 2005. All references are to U.S. dollars.

Revenues for the second quarter ended June 30, 2005 were $40.6 million compared to $21.0 million in the second quarter ended June 30, 2004. Underlying earnings from continuing operations before income taxes and non-controlling interest were $8.7 million or $0.35 per diluted share for the second quarter ended June 30, 2005 compared to $0.7 million or $0.03 per share for the corresponding period of the prior year. Compared to the quarter ended March 31, 2005, underlying earnings from continuing operations before income taxes and non-controlling interest increased by $3.3 million or 61% from $5.4 million to $8.7 million.

Net earnings for the second quarter ended June 30, 2005 were $20.7 million or $0.83 per diluted share, which includes stock-based compensation expense of $2.8 million or $0.11 per diluted share, as well as a gain of $30.6 million or $1.22 per diluted shares on the sale of a 20% interest in FireOne Group plc. The net loss for the comparable year-earlier period was $6.6 million or $0.31 per share, which included stock-based compensation expense of $1.9 million or $0.09 per share.

In furtherance of Optimal's strategy with respect to its hardware maintenance and repair services segment, during the quarter, Optimal disposed of its U.S. field maintenance service operations, the results of which are presented as a loss from discontinued operations of $5.5 million for the three months ended June 30, 2005. Proceeds from the disposition were not material. This disposition did not have an effect on Optimal's Canadian field maintenance service operations. As well during the quarter, Optimal incurred $0.3 million of restructuring costs pertaining to the hardware repair and maintenance business segment.

Underlying earnings from continuing operations before income taxes and non-controlling interest is a non-GAAP (Generally Accepted Accounting Principles) financial measure that excludes amortization of intangibles, amortization of property and equipment, inventory write-downs, stock-based compensation expense, restructuring costs, foreign exchange, goodwill impairment, gain on sale of investments, income taxes, non-controlling interest and discontinued operations.

Optimal believes that underlying earnings from continuing operations before income taxes and non-controlling interest is useful to investors as a measure of Optimal's earnings because it is an important measure of the Company's growth and performance, and provides a meaningful reflection of underlying trends of its business. A reconciliation of Optimal's underlying earnings from continuing operations before income taxes and non-controlling interest is included in Annex A to the Company's interim consolidated financial statements attached below.

Revenues for the six months ended June 30, 2005 were $74.7 million compared to $30.2 million in the six months ended June 30, 2004. Underlying earnings from continuing operations before income taxes and non-controlling interest were $14.1 million for the six months ended June 30, 2005 compared to a loss of $2.1 million for the corresponding period of the prior year.

Net earnings for the six months ended June 30, 2005 were $20.8 million or $0.84 per diluted share, which includes stock-based compensation expense of $4.7 million or $0.19 per diluted share. The net loss for the comparable period of the prior year was $9.8 million or $0.53 per diluted share, which included stock-based compensation expense of $1.9 million or $0.11 per share.

Optimal's financial results reflect the following significant transactions, which were completed during the second quarter ended June 30, 2005:

-- Optimal acquired a portfolio of merchant processing from
United Bank Card, Inc.; and

-- Through a flotation on the AIM Market of the London Stock
Exchange plc, Optimal sold a 20% interest in FireOne Group.

The sale of the interest in FireOne Group resulted in the recognition during the quarter of a gain of $30.6 million. The non-controlling interest of $0.2 million represents 20% of FireOne Group`s net earnings from June 2, 2005.

Commenting on the announcement, Holden L. Ostrin, Co-Chairman of Optimal, said, "We are very pleased with our second quarter results, the state of our business and our current outlook for the immediate future. Strategically, we successfully executed the acquisition of the merchant processing portfolio from United Bank Card, as well as the flotation of FireOne Group." Mr. Ostrin continued, "We also experienced strong organic growth both within FireOne Group, as well as within the rest of our payments business. We continue to be focused upon executing our strategy of investing in our payments infrastructure while utilizing our superior balance sheet to complete strategic acquisitions."

As at June 30, 2005 cash, cash equivalents, short-term investments and settlement assets net of bank indebtedness, customer reserves and security deposits were $107.2 million. Working capital, excluding cash and short-term investments held as reserves and cash held in escrow, as at June 30, 2005 was $65.7 million. Shareholders' equity at quarter end was $206.6 million.

Financial Outlook for the Third Quarter of 2005

The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially. These statements do not include the potential impact of any future mergers, acquisitions, divestitures or other business combinations.

For the third quarter of 2005, Optimal anticipates that underlying earnings from continuing operations before income taxes and non-controlling interest will be approximately $9.8 million.

HERE ARE THE INTERIMS:

FireOne Group plc
09 August 2005



Embargoed until 0700 9 August 2005

FireOne Group plc
('FireOne' or the 'Company')

FireOne Announces Maiden Interim Results For The Period Ended 30 June 2005

FireOne, the provider of payment processing services for the online gaming
industry, today announces its maiden interim results for the period from its
incorporation on 12 April 2005 to 30 June 2005. On 11 May 2005, FireOne and its
subsidiaries acquired the online gaming processing business from a subsidiary of
Optimal Group Inc. (NASDAQ: OPMR) and therefore the results represent 51 days of
operations from 11 May to 30 June 2005.

To help illustrate the Company's trading performance since the start of the
calendar year, pro forma results have also been provided. These cover the
trading period of the online gaming processing business from 1 January 2005 to
30 June 2005.

On 2 June 2005, FireOne commenced trading on the AIM market of the London Stock
Exchange following the placing by Optimal Group Inc. of 10 million ordinary
shares representing 20% of the issued share capital of the Company. Optimal
Group Inc. holds 40 million ordinary shares in the Company representing 80% of
the issued share capital.

All financial references are in U.S. dollars unless otherwise indicated.

Operational and Financial Highlights

Successful admission to AIM on 2 June 2005 at 241 pence per ordinary
share.

Successful introduction of FirePay wallet guaranteed offering.

License agreement signed with Phantom Fiber to allow consumers to fund
their FirePay wallet from their mobile device.

Payment volume increased (on a pro forma basis):
43% to $543 million in the first half of 2005 (H1 2004: $380 million)
54% to $284 million in the second quarter of 2005 (Q2 2004: $185
million)

Revenue increased (on a pro forma basis):
63% to $32.5 million in the first half of 2005 (H1 2004: $19.9 million)
81% to $17.5 million in the second quarter of 2005 (Q2 2004: $9.7
million)

Transaction processing costs decreased as a percentage of revenues (on a
pro forma basis) to:
42% in the first half of 2005 (H1 2004: 44%)
41% in the second quarter of 2005 (Q2 2004: 43%)

Profit before income taxes, depreciation and stock-based compensation
increased (on a pro forma basis):
111% to $13.3 million in the first half of 2005 (H1 2004: $6.3 million)
119% to $7.2 million in the second quarter of 2005 (Q2 2004: $3.3
million)

Net profit increased (on a pro forma basis):

130% to $8.1 million in the first half of 2005 (H1 2004: $3.5 million)
127% to $4.4 million in the second quarter of 2005 (Q2 2004: $1.9
million)

Commenting on the results, Mitch Garber, Executive Chairman, said:

'FireOne has delivered a strong first half performance and we anticipate further
opportunities resulting from future expansion into new geographical markets and
from the ongoing additions to features and functions of our FirePay wallet
offering.

With the online gaming sector showing rapid growth, and as we enter what is
traditionally a busy part of the year, the Board is confident that we will
continue to make good progress in the second half of the year.'

EXCELLENT PROGRESS.

STILL A STRONG BUY METHINKS (AND SOME OF THE GLOW SHOULD RUB OFF ON NETELLER TOO !!)

Super , supermono , lets hope it does give NLR a lift too..

very good result - just got some.

Nice write up in today's independent.
Onwards and upwards
Mono

Time is right to step on the internet gambling bandwagon with FireOne

Enough already? A company only has to mention internet gambling to send its shares soaring, the equivalent of appending ".com" to their name five years ago. But, while investors must be wary, this is not a market mania in the same vein.
Because companies are making money out of internet gambling. Lots of it.

FireOne's shares have doubled since it floated at 241p nine weeks ago. It shuffles money from gamblers to gaming sites, getting a tenth of its profit from traditional credit card processing, and the rest from its "e-wallet", where gamblers put in cash and online sites take it out. Since online gambling is, technically, illegal in the US, this is a vital service, and FireOne is No 2 to NETeller.

It was carved out of a bigger Canadian payments group, Optimal. Sceptical investors ask: if Optimal thinks this is a business with enormous potential, why sell 20 per cent of it? FireOne says: if they don't, why sell only 20 per cent? The large margins FireOne can command will come down - eventually. The growth in online poker will slow down - eventually. Not yet.

Maiden interim results showed pre-tax profits more than doubled, and FireOne's broker, Numis, thinks it will double again next year. The difference between now and nine weeks ago is that Numis must be right to justify the 486p share price. With growth from the roll-out of broadband and from mobile gaming, we think it will. Speculative buy.

Friday afternoon. Seems to have been very little profit taking in the last couple of days which bodes well for the future.
Hopefully we'll break through 500p next week and then it's onwards to 600p !!!
Have a good weekend all.
Mono

;o)

dude,
nice mention of fireone in the http://www.momentuminvestor.co.uk newsletter
any targets anyone??

Dude

Can you paste the article onto here ?

;o)

I think you will find that it is a couple of months old , they metioned it in june just before the float, and again in july , it's not in this months .

Have you seen the result of NLR? Profit doubled. FPA is in the same business. Although it had a good run since it came to the market, at its present sp it is undervalued. Very soon institutional investors will realize this.

looking at the comparisons-NLR looks better on takings and profits but Fpa might well catch up and sentiment will push it up too. doubt it will go much above 525 though yet maybe next year.

Here's someone who doesn't think it will make 525p any time soon!


RNS Number:8420Q
FireOne Group plc
05 September 2005


5 September 2005
FireOne Group plc
("FireOne" or the "Company")

Directors Dealings

The Company was informed on 1 September 2005 that Shaun Lavelle, a director of
the Company, exercised his right to receive 8,333 ordinary shares of 0.02 each
in the Company ("the Shares") under the Company's Restricted Stock Unit Plan.

The Company was informed on 2 September 2005 that Mr. Lavelle sold 8,333 of the
Shares on 2 September 2005 at 4.78 per share.

Mr. Lavelle holds no shares in the Company following this transaction.

-ENDS-

Huge drop to 430p (11%)...why is that?

Nlr down as well--seems PRTY figures disappointed the market so any excuse to hammer gaming companies!!

Extraordinary treatment of FireOne by the MM's today. At one point it was 398-403p !!!
Now 425-432p

K******

Seems like gaming companies are not all that promising...maybe downtrend from here especially when Partygaming has issue poor profits

Don't agree hlyeo,, PRTY said that growth had slowed ,and then the whole gaming sector gets hammered , i'm surprised it dragged NLR and FPA as far down as it did ...

Slower growth means poorer profit rise...PRTY down by 33% today to 105p

PartyGaming lost some of its recent sparkle after releasing interim results today as it said the rate of growth in the poker market is moderating.

House broker Dresdner Kleinwort Wasserstein cut its price target to 150p from 210p, noting that its growth outlook now appears to be lower than we initially forecast.

Read my post above ,,i'm more refering to NLR and FPA ..

The fact is that FPA and NLR just provide the means for all of these online gamblers to transfer money between accounts (and take quite a large commission) for doing so. Their business is not reliant on just PartyGaming clients - any online gaming company needs to use NLR and FPA.
So whilst the likes of PartyGaming, SportingBet etc etc have been hammered by the announcement, the fact that FPA and NLR have also been marked down so heavily suggests a complete over reaction.

K******

Who's still in? Are we heading for a graceful decline on this one?

I'm out stockdog,, bought in on the day of float and it's been a good one ,i shall keep watching in case it does a NETELLER ..

I'm still in sd

Dogs of war!

Bear raid on gaming i think !

MM's savagely cutting on few sales 5p at a time ............whats up?????

Going down in sympathy is all i can think of ,,unless you know any different??

.

dropping to 400p now - further downtrend on the way.

downtrend or tree-shake?

See how NLR and FPA are matching each other in rise .........are MM's the same ??????

So what's rattled FPA's cage to cause it to drop throgh the floor today? I see NML is almost level.

Stockdog, do you mean NLR? Do you still own these? I'm glad I sold out at the peak and put all the funds in NLR.

Don't know , i sold out a while back , i'm glad it didn't take NLR down with it ,,SBT has results on 12th Oct ,,i wonder what they will be ?? ,the gaming sector does'nt need more bad results like PRTY,,it seems to have a domino affect.

yes, I meant NLR

The latest announcement from NLR was very good (signing up 2 millionth customer etc.) so I would have thought it is a reasonable assumption that FPA isn't doing too badly either (even if not as go-go as NLR !!).
So it was difficult to understand yesterdays savage markdown.
However it seems to be reversing the loss very nicely today.

K******

Krypton - thanks for news on NLR - let's hope it rubs off.

mercifully - should have skipped out on the last bounce up, but was too busy to trade that day - it was always a spec trade for me, not a long term hold, so doubly miffed I screwed it up.

live and learn

sd

I think it it may bounce back stockdog, as will NLR ..

yes, but which way??!!

UP !!! ..

Afternoon everyone,
Anybody still holding these ?
I picked up another 555 this morning as the results are due next week and cannot see why they should not be anything but excellent.
I think the fallout from PRTY and Empire has now subsided enough to do a spot of bargain hunting.

K******

Well krypton ,i sold out a little while back but NLR is coming back strongly today so maybe your right .I will be interested in the results myself.

I have only just noticed this announcement from the Nasdaq site. It dates from 10 October and is, of course, from FireOne's parent company (still holding 80%).

Optimal Group Inc. (NASDAQ:OPMR) increased its financial guidance for Q3 of 2005. Optimal now anticipates that its underlying earnings before income taxes and non-controlling interest will be in excess of $10.6 million for Q3. Optimal's original guidance for this period was for underlying earnings before income taxes and non-controlling interest to be approximately $9.8 million.

Barring any general disaster in the markets I am now very very optimistic for the FPA results on the 8th November.

Mono

Hi Mono

Thanks for that bit of news - excellent !!!!!
Now very much looking forward to the results (also impressed by the relative strength of FPA compared to Neteller the last few days).

K******

It looks as though the run up in the share price (ahead of the results next week) has well and truly begun this afternoon.
Neteller will be doing a 3rd quarter update on Monday which will give a good idea of what to expect from FireOne next Thursday.

All the same it is looking very good.

Mono

Wonderful results from FPA this morning to follow up the equally good results from NETeller yesterday.
NETeller is getting rave reviews in the newspapers today.
A very good chance that FPA will have one or two similar reviews tomorrow.

K******

Just had time to have a read of the FireOne announcement from yesterday. The very interesting thing is that they are anticipating distributing a dividend in 2006 as they will have plenty of 'free' cash that is not required as working capital. From what I can gather this is ahead of schedule.

Quite possibly the clincher if anyone is trying to decide between FPA and NLR.



Dividend Policy Update

As indicated in the AIM admission document, the Company initially stated that it
intended to retain future earnings to finance continued development of the
business and that the declaration and payment of any dividends would depend on
the Company's operations, its financial position, cash requirements prospects,
profits available for distribution and other factors deemed relevant at the
time.

The Company now intends to commence paying dividends, beginning in 2006. The
first dividend declaration will be made in the first half of 2006 only after
the filing of the Company's first set of audited financial statements, in
accordance with applicable Irish company law.

Since its inception as an independent operating company in May 2005, the Company
has generated significant free cash flow from operations, which is well in
excess of its ordinary working capital needs. The Company presently anticipates
continuing to generate significant free cash flow and, accordingly, intends,
subject to the requirements of Irish law, to distribute as dividends the amount
of all earnings that are in excess of amounts required to fund normal working
capital or other strategic objectives.


Mono

I agree this is good news and I feel this share is overlooked at the moment.

Huge drop today to 337p...why is that?

Now 320 where we were last july...........any comment?????

All mine are now red--this one is just following the trend unfortunately. At least I feel this one is trading well and the bounce back will eventually come. fingers crossed!

FireOne firing again.

A bargain at these levels and, hopefully, a steady rise from now on rather than sector hype or otherwise.

Mono

These have finally woken up today !!!!
The recovery in the Neteller price over the last week has finally rubbed off on FireOne.
Results on the 7th March.
Expect it to be well north of 400p by then.

;o)

These got sucked down from the January high of 450p on the back of Neteller crashing (which was due to shorting spree by Simon caukwell - Evil Knievel).
Whilst Neteller has since recovered to a large extent I feel that FireOne still has a fair way to go.
With the results, due next week, which will be very good, plus a very positive outlook, there should be a very good case for 450p short term and 500p+ in the not too distant future.
There are rumours that parent company Optimal (80% shareholder) may release more shares to help liquidity.
If that is the case then FireOne will be firing on all cylinders.

Mono

http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20060306\ACQBIZ200603061601BIZWIRE_USPR_____BW6105.htm&symbol=OPMR&selected=OPMR&selecteddisplaysymbol=OPMR&coname=Optimal%20Group,%20Inc.&logopath=&market=NASDAQ-NM&pageName=Company%20News&kind=&formtype=&mkttype=&pathname=&page=news

The results from Optimal Group (FireOne's parent company) were excellent and included a paragraph raising guidance for earnings in the first quarter of 2006.

It should be a very good day for FPA tomorrow.

;o)

Had a few bob in these today Jimmy, good look to everyone.

cheers GF.

The results are excellent (as expected)

http://moneyam.uk-wire.com/cgi-bin/articles/200603070701133927Z.html

but the maiden dividend was a lovely and unexpected surprise.

;o)

I'm not in these anymore GF , have got them on my watchlist though .

Results are due on Tuesday.
The shares have been clobbered due to the internet gaming bills in the American senate.
The whole sector seems to be having a very good day today.
Neteller having an especially good day.
Common sense suggests that FireOne must have a lot of catching up to do.

Ian

Anyone who has confidence that the internet gaming sector will hold off the zealots in the senate should look at FireOne as potentially the biggest current bargain.
Here are the broker forecasts for this year and next:

http://fool.digitallook.com/?action=forecasts&ticker=fpa

huge growth and one of the biggest dividends on the stock market.

The consensus forecasts look extraordinary.
eps of 38.11p this year rising to 42.94p next year.
dividend of 27.85p this year rising to 31.06p next year.

If the figures are anywhere near these then the shares look like a giveaway.

The results from Optimal (the parent company of FireOne) are out:

http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20060807\ACQBIZ200608071602BIZWIRE_USPR_____BW5835.htm&symbol=opmr&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&selected=opmr&selecteddisplaysymbol=OPMR&coname=Optimal%20Group,%20Inc.&logopath=&market=NASDAQ-GM&pageName=Company%20News&kind=&mode=frameset&formtype=&mkttype=&pathname=&page=news

Excellent figures and prospects (with the necessary caveats regarding possible US legislative problems !!!!).

Things looking promising for FPA tomorrow.

Ian

On the contrary....expecting the price to test 1.60 again in the next few weeks.

The interims are out:

http://moneyam.uk-wire.com/cgi-bin/articles/200608080700393698H.html

FireOne Announces 98% Increase in First Half Net Profit and Maiden Interim
Dividend of $0.232

The interim dividend of $0.232 translates to around 12.5 pence sterling !!!

Ian

LONDON (AFX) - FireOne Group plc, which provides payment processing services for the online gaming industry, declared a maiden interim dividend of 23.2 cents per share as it reported a rise in pretax profit to 19.6 mln usd from a pro forma figure of 12.6 mln.

Revenue increased by 54 pct over the first half of 2005 to 50.0 mln usd in the first half of 2006.

Chief executive officer Ben Dalfen said the board is very pleased with the continued improvement of operating margin, which demonstrates the group's ability to implement strategic initiatives focused on profitability such as managing the risk associated with the FirePay guarantee offering, migrating various processing accounts from Optimal Payments and optimising fee structure.

Dalfen said that for the remainder of the financial year, the group intends to continue to execute its strategy of expanding FirePay into new geographies, supporting the merchant base with the innovative features they require and strengthening the FirePay customer service offering in all areas.

'We are pleased with our results for the first half of the year and look forward to the remainder of 2006 with confidence,' Dalfen said.

Fireone to close US business once anti-gaming act becomes law
AFX


LONDON (AFX) - Fireone Group PLC, a payments processing company for the online gaming industry, said it would stop transferring money for US clients following the recent legislative crackdown.

The group said it will cease making gambling-related transactions for US customers once President George Bush signs the Unlawful Internet Gambling Enforcement Act into law, which he is expected to do in the next couple of weeks.

'As previously announced, upon becoming law, the Act will have a significant

negative impact on the business, and, consequently, the company has embarked upon a restructuring of its operations and cost base,' said FireOne in a statement.

simon.duke@afxnews.com

Someone should set up an agency in Tessa Jowell's constituency that takes US money on deposit and then places it wiith an on-line gaming outfit - would that be illegal in the US?

Quite a Poser sd!!!

UK smallcap opening - FireOne drops after swing to Q3 pretax loss
AFX


LONDON (AFX) - Shares in FireOne Group shed 11-1/2 pence at 45 after the firm revealed a swing to a pretax loss for the third quarter after it ceased to process settlement transactions originating from the US.

The payments processing company for the online gaming industry reported a Q3 pretax loss of 71.8 mln from a profit of 5.6 mln usd last time out.

Its revenues were up 31 pct at 26.2 mln usd due to revenue growth from its Firepay wallet offering but the group said its revenues going forward will be significantly less than its historical revenues.

newsdesk@afxnews.com

jmh/vjt

Optimal are buying back 'FireOne' at 60p a share !!!

http://moneyam.uk-wire.com/cgi-bin/articles/200612150747319708N.html

A 'recommended' offer (from an 80% shareholder) that all other holders are advised to accept apparently !!

Ian