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FIREONE (FPA)     

jimmy b - 02 Jun 2005 08:44

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.


doitalldoctor - 03 Aug 2005 17:23 - 56 of 144

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?

SEADOG - 04 Aug 2005 07:47 - 57 of 144

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

supermono13 - 04 Aug 2005 08:24 - 58 of 144

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

SEADOG - 04 Aug 2005 10:07 - 59 of 144

supermono13,

HEY BIG SPENDER !!!!

supermono13 - 04 Aug 2005 10:08 - 60 of 144

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

;o)

doitalldoctor - 04 Aug 2005 11:42 - 61 of 144

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.

jimmy b - 04 Aug 2005 18:44 - 62 of 144

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 .

moneyplus - 04 Aug 2005 18:51 - 63 of 144

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.

SEADOG - 04 Aug 2005 19:27 - 64 of 144

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

doitalldoctor - 04 Aug 2005 21:57 - 65 of 144

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...

supermono13 - 05 Aug 2005 09:04 - 66 of 144

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.

jimmy b - 05 Aug 2005 09:08 - 67 of 144

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

Mrs Lords - 05 Aug 2005 21:41 - 68 of 144

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

driver - 05 Aug 2005 22:39 - 69 of 144

Thread created for The more intelligent

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

SEADOG - 06 Aug 2005 07:45 - 70 of 144

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

kaysmart - 07 Aug 2005 21:34 - 71 of 144

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

doitalldoctor - 08 Aug 2005 13:09 - 72 of 144

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.

supermono13 - 08 Aug 2005 21:26 - 73 of 144

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.

supermono13 - 09 Aug 2005 08:18 - 74 of 144

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 !!)

jimmy b - 09 Aug 2005 08:20 - 75 of 144

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