SUPERB RESULTS

REG - Optimal Payments PLC - Interim Results19 Sep 2012 - 07:01

For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20120919:nRSS5828Ma RNS Number : 5828M Optimal Payments PLC 19 September 2012 Optimal Payments Plc Interim Results for the six months ended 30 June 2012 Strong first half growth, on track to exceed full year market expectations Optimal Payments Plc (LSE: OPAY) ("Optimal Payments", the "Group" or the "Company"), a leading online payments provider, today announces its results for the six months ended 30 June 2012. Highlights · EBITDA(1) up 76% to $11.2m (H1 2011: $6.4m). · Revenues up 37% to $78.9m (H1 2011: $57.4m). Fixed costs marginally down following headcount reduction in Q1. · Profit before tax $1.7m (H1 2011: loss of $4.1m). · Strong organic growth from NETBANX Straight Through Processing division ("STP"), up 68% to $61.9m (H1 2011: $36.9m) with continued strength and growth in Asia. · NETELLER Stored Value ("SV") revenues down to $16.2m (2011:$18.0m(2)) principally as a result of the fallout from Black Friday(3) in H1 2011. § Initiatives undertaken in H1 have produced improved results in second half to date. Major investment in NETELLER SV platform now complete and cost base aligned. § US online gaming opportunity taking shape. · Strong demand from existing customers and from new customers won during the first half including Ford Credit, Hockey Canada and Rona. Commercial agreement signed with Lotus F1 Team. · Strong H1 revenue exit run rate positions the Company for further growth in second half and on track to exceed the market consensus full year expectations. Financial summary (unaudited) Six months ended 30 June 2012 2011(5) US$ million US$ million Revenue Straight Through Processing (NETBANX bureau & gateway services) 61.9 36.9 Stored Value (NETELLER eWallet & Net+ cards) 16.2 18.0 Stored Value - discontinued revenues (4) - 2.1 Investment income 0.7 0.4 Total Revenue 78.9 57.4 EBITDA (1) 11.2 6.4 Profit/(loss) before tax 1.7 (4.1) Tax (charge)/recovery (6) (2012 charge relates to 2004/5 period) (2.5) 0.5 Net loss for the period (0.8) (3.6) (1) EBITDA is defined as results of operating activities before depreciation and amortisation and exceptional non-recurring items which are defined as items of income and expense of such size, nature or incidence, that in the view of management their disclosure is relevant to explain the performance of the Group. (2) Excluding discontinued revenues - see note 4. (3) "Black Friday" refers to the regulatory action taken in April 2011 against certain major poker operators which resulted in many players ceasing to play poker worldwide. (4) Discontinued revenues were derived from e-money expiry which is now subject to different rules under the Electronic Money Regulations 2011. (5) 2011 comparables include only 5 months of revenues and costs from the OP Inc business acquired on 1 February 2011. (6) Tax charge in the period relates to expected reassessment of 2004/5 Canadian taxes following a review by the Canadian Revenue Agency which commenced in 2005. The Board has made a full provision for the amount it believes it is likely to be required to pay in respect of withholding taxes and interest. See note 17 in the Financial Statements for more detail. Commenting on today's results announcement, Joel Leonoff, President & CEO, said: The combination of NETELLER and OP Inc. has produced a multi-faceted payment product offering and positioned the emerged business Optimal Payments Plc to benefit from a rapidly evolving online payment market. Our efforts have resulted in a fully integrated and right-sized business with an efficient cost base. Our operationally geared business model, continued focus on product development and R&D, along with our strong presence in the internet payment market have combined to produce significant organic revenue and EBITDA growth. Our H1 results and strong foundation position the Company well for further growth in H2. The online payment industry continues to consolidate and the Group should benefit from the expected significant growth in both the online and mobile commerce markets. We see substantial opportunities to provide innovative solutions to merchants and consumers in both the NETELLER eWallet and NETBANX

Buy…………………………Sell
1892 at 295.75………….. 3508 at 299

12000 at 295…………..2000 at 299.25

Buys
111364
Sells
92234
Unknown
798

Buy…………………………Sell
1402 at 296.5………….. 900 at 298.75
10000 at 296……………598 at 299
12284 at 295…………..2000 at 299.25

Got to go out to collect children from school!
Will be interesting where we are at 4.30!
I still believe that this is a pull back and perhaps getting towards a stable price. I sold half my holding at 305 so sitting happy with the rest.

Think you might be right that someone is p----d sitting with a trigger happy finger - more repeats today than ever both buys and sells, someone wants to get the correct figures going through. Being going on for days now but today is the worse I think.

Picked this up from Finextra. Seems like progress for OPAY

http://www.finextra.com/News/Announcement.aspx?pressreleaseid=52333&topic=internet

Zapp signs up payment providers ahead of launch
22 October 2013 | 426 views | 0 Source: Zapp

Zapp, the UK's leading mobile payment innovation, today announces that some of the world's leading and most innovative payment providers will offer mobile payments to thousands of merchants and millions of customers in 2014.

Optimal Payments, Realex and SagePay will work with Zapp's digital and mobile first approach to payments, enabling merchants to benefit from higher conversion, lower cost and more secure checkouts.

Innovation in payments
Zapp delivers significant benefit to retailers because of a smoother, faster, more secure check out process. Zapp allows people to make real-time payments from their mobile, unlocking money in their current account in a much simpler, more controlled and more secure way. Getting more customers through the checkout process securely is crucial to retail success - Zapp and the Zapp network of payment providers understand this and will work to launch the next generation of digital payment systems.

SagePay, Realex and Optimal Payments are some of the biggest and most innovative payment providers in the UK market. Over many years these businesses have proven their ability to bring innovations that are secure and successful to market for both merchants and consumers.

Payments industry working together for the good of the consumer
The announcement follows the release of research by Zapp showing that greater cooperation between financial institutions, merchant acquirers and retailers is required if consumers are to adopt mobile payments en masse. The research showed 70% of consumers said complex up-front set-up processes were a barrier to mobile payment adoption; 70% cited the difficulties paying people who are not part of the same mobile payment scheme; and 80% said that not enough banks and retailers were able to accept payments. Today's announcement is a step towards addressing these concerns through the creation of a universal mobile payment ecosystem: Zapp.

Zapp will have 60% coverage of merchants in 2014 at launch
This announcement together with our previous announcement of a strategic partnership with WorldPay means that Zapp will have over 60% coverage of merchants in the UK in 2014. This will mean that thousands of retailers, both large and small, and millions of consumers can benefit from Zapp's simple and secure mobile enabled check out process.

These agreements commit Zapp and these leading payment service providers to work together to roll-out Zapp to retailers in 2014. The rollout will include integration of the Zapp payment eco-system into the core payment methods offered by Realex, Optimal Payments and SagePay and joint marketing of the Zapp payment system to thousands of merchants.

Peter Keenan, Chief Executive of Zapp, commented, "I am delighted to announce these new members of the Zapp network. Zapp's success will be based on providing consumers with easy, secure and convenient ways to pay for a wide range of goods and services through thousands of retailers. We look forward to working closely together with Optimal Payments, SagePay and Realex as innovators in the market to make secure and simple Zapp payments a reality for millions of consumer checkouts in 2014."

Very Interesting.

Getting interesting at 285!!
Looking for a bottom to re buy the other half of my stake.

GF
Where do you think the bottom will be? All the profit takers should be out by now.
My guess would be a range of 282/286

Bought 2000 at 280.92

The buys are 1200 at 280.25
The sells are 203 at 281

David just about where you have bought, if not it looks like 260p and these are the done deal sellers frightened out today.

As you know I said I was going to top up so Im watching very carefully.

So interesting to watch this share! If you can afford to buy and hold then it will be a good journey and a positive place to put your money!! But as we all know shares pull back with profit taking. I sold half my holding at 300 and bought back at 281.

Good business.

Some good news to kick the week off...........

http://www.moneyam.com/action/news/showArticle?id=4694038

Great long may it continue.

RCS - Optimal Payments PLC - US Gaming: Optimal accepted for payments

28 Oct 2013 - 07:00

For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20131028:nRSb4439Ra RNS Number : 4439R Optimal Payments PLC 28 October 2013 Press release For immediate release Optimal Payments Officially Registered as Payments Vendor With the New Jersey Division of Gaming Enforcement Company Continues Expansion in Regulated Online Gaming London, Monday, 28 October 2013 - Optimal Payments Plc (LSE AIM: OPAY) ("Optimal"), a leading global online payment provider, announces that the New Jersey Division of Gaming Enforcement (DGE) has completed its review of Optimal's vendor registration. Optimal has been found suitable by the DGE to offer payment and risk management solutions to New Jersey licensed providers of Internet gaming. The regulatory suitability process is designed to assure the integrity of those persons and enterprises that provide goods or services to the New Jersey casino industry. "We are excited to be an approved vendor in New Jersey and we look forward to leveraging our vast experience and expertise to help facilitate online payments for our partners in New Jersey," said Joel Leonoff, President and CEO of Optimal Payments. For further information contact: Optimal Payments Plc Investor Relations Jessica Stalley +44 207 182 1707 North America Gaming Sales Neil Erlick, Executive Vice President, Business Development +1 514 380 2746 neil@optimalpayments.com Media Relations: Citigate Dewe Rogerson Caroline Merrell / Nicola Swift / Priscilla Garcia / Shelly Chadda +44 207 638 9571 Canaccord Genuity Simon Bridges / Cameron Duncan +44 (0) 207 523 8000 About Optimal Payments Plc Optimal Payments is a global provider of online payment solutions. Trusted by businesses and consumers in over 200 countries to move and manage billions of dollars each year, merchants use the NETBANX processing service to simplify how they accept and settle credit card, direct-from-bank, and cash payments; and the NETELLER payment service to increase margins, capture new customers and increase their lifetime value. Being an independent provider has allowed the company to support tens-of-thousands of merchants around the globe across a wide range of industries. Optimal Payments Plc is quoted on the London Stock Exchange's AIM market, with a ticker symbol of OPAY. Subsidiary company Optimal Payments Ltd is authorised and regulated as an e-money issuer by the UK's Financial Conduct Authority (FRN: 900015). For more information on Optimal Payments visit www.optimalpayments.com or subscribe at www.optimalpayments.com/feed or follow us on Twitter @optimalpayments. This information is provided by RNS The company news service from the London Stock Exchange

GF
That is very good news and make OPAY a secure buy even at this price.

28 Oct 2013 Optimal Pay OPAY Numis Buy 303.50 289.00 325.00 350.00 Reiterates

SP TARGET 350p

What is happening here dropping every day?

Market in general directionless.

Probably at a top the whole market for a while.

Hope xmas trade then takes off.

Hope so, as you know I am relying on these little beauties.