BigRat
11 Aug 2015
Good run from 223p Consolidating nicely now around mid 280's. Expecting good trading update on 26th August and then hoping to break 300p before main market listing. Top sliced at 288p in case of retrace but not much sign of that today.
Willow67
04 Aug 2015
Re: Numis note from today - 450p target I would certainly be happy with 450p. Exciting ride ahead, buy on dips, sell on the spikes!
gretel
04 Aug 2015
Numis note from today - 450p target Courtesy of a poster (tangerine) elsewhere:"Numis: Optimal Payments (Buy, TP: 450p) FCA approval of acquisition of Skrill Yesterday Optimal announced that the FCA had approved its acquisition of Skrill. We couldn't think of a good reason why the transaction would not be approved. However, we know we are not alone in inferring from the poor share price performance that there might have been a regulatory problem. News of approval is therefore reassuring and should, we believe, be positive for the share price.•Acquisition to complete soon. Formal completion of the acquisition is expected to take place on 10 August and, because the transaction is a reverse takeover, the shares will be relisted on AIM on the morning of 11 August. •Interim results provide opportunity to update. The next important event for the share price, in our view, will be the interim results on 26 August. This will be the first opportunity since the acquisition of Skrill was announced for investors to get a formal update on Skrill’s trading. We are also expecting an update on the implementation of the integration of the two businesses and on the timing of the move to the Main Market. We expect management to have a good story to tell.•Optimal is a fast-growing cash-generative business operating in a sector with high barriers to entry. The Skrill acquisition has brought together market leaders in niches in alternative payments and has created multi-year opportunities to optimise efficiency.•Successful integration to drive valuation. any valuation measure, we believe that the shares are materially undervalued and we expect that the share price will rise once the acquisition of Skrill has completed and management is able to demonstrate the benefits of bringing the businesses together. We believe that the acquisition of Skrill is transformational and that Optimal now has all the components in place for a period of strong performance. We reiterate our Buy recommendation and 450p price target."
darklarky
04 Aug 2015
Need advice: should I sell now? or wait for the Skrill share price switch?
KEEPING CALM MIKE
04 Aug 2015
Numis note of May TARGET £4.50 The Numis note from May is worth a re read , they had set their sights as £4.50, lets see where this could go, at the time of the Note the stock was only £2.80,., and as we know fell to a low of £2.20 recently. Good reading [link]
KEEPING CALM MIKE
04 Aug 2015
GOOD NEWS Great momentum, the market likes the news and behind the stock, good trades .
Willow67
04 Aug 2015
Re: FCA approval RNS I think the really important next event actually is their interim results due 26th Aug where they are going to give a trading update on both businesses and talk in detail about their plans. If Skrill has been performing well (they have already told us the Opay businesses are) and the cost reduction/integration plan is credible, I reckon this could be the catalyst that sends the shares back to or above the 330 high
BigRat
03 Aug 2015
FCA approval RNS [link] expected. Next step - main market listing & FTSE 250.
darklarky
31 Jul 2015
@Sharesplease Agree with you, never ceases to surprise me still. But hopefully everyone stays to keep it afloat!
darklarky
31 Jul 2015
The share price started falling yet again since last week! Ah well..
darklarky
30 Jul 2015
Anyone experienced staying on a share like OPAY that is expected to be upgraded from AIM to FTSE? What's the market reaction?
Ali of Doom
24 Jul 2015
Re: TSE250 coming! thanks to all for persauding me to get back in! originally i was against it just cos thought overall FTSE jitters would drag us down
Ali of Doom
24 Jul 2015
Re: TSE250 coming! feeling happy - got in for 10k at 226p. but i'm in for a while so not gonna watch it too hard. could still be some ups and downs along the way but fingers crossed we are back on a positive run for a while
KEEPING CALM MIKE
24 Jul 2015
Meritus amended agreement pushing the price today Optimal Payments (LSE:OPAY) are making gains thus far today after the two companies released positive pieces of news flow.In the case of Optimal Payments, it announced that it has entered into an amended agreement regarding its acquisition of Meritus, with the number of Optimal Payments shares to be issued to the sellers and other parties set to increase from 9m to 12.8m. This has been decided as a result of the dilutive impact on the value of the shares following Optimal Payments' three for five rights issue earlier this year.Furthermore, Optimal Payments has also changed the dates for the issuance of the tranches of shares and amended the reference price of the shares for determining if recipients are to be paid additional consideration. This has been reduced to £2.75 from £3.93 and means that additional consideration would be payable in either cash or shares if the share price of Optimal Payments declined to less than £2.20 (representing 80% of the new reference price).Clearly, market sentiment has picked up following the news, with Optimal Payments' share price being up 3.5%. And, looking ahead, there is scope for further gains over the medium term since Optimal Payments is forecast to increase its bottom line by as much as 17% next year. This could cause investor sentiment to be positively catalysed and, with Optimal Payments trading on a price to earnings growth (PEG) ratio of just 0.9, there is considerable scope for an upward rerating over the medium to long term.
KEEPING CALM MIKE
24 Jul 2015
Re: TSE250 coming! Looks like the market likes todays announcement up bu 4 % on BIG TRADES
