Optimal Pay Live Discussion

LEA SERP 17 Jun 2015

Re: Moody's assigns (P)Ba2 rating to Optimal... Could have been worse.

BigRat 16 Jun 2015

Moody's assigns (P)Ba2 rating to Optimal Payments; stable outlook [link]

KEEPING CALM MIKE 10 Jun 2015

Re: RentMoola Interesting reading , thanks BR

BigRat 09 Jun 2015

RentMoola [link]

BigRat 07 Jun 2015

JP Morgan to sink Worldpay float [link] raise more interest & awareness of this sector as a whole.Current price could still triple bottom at 255p but happy to hold long term from initial buy price of 277p. Post FTSE250 will be a game changer & once Skrill fully integrated into the business, I think this will soar.imo

Willow67 01 Jun 2015

Macau Bet Against the House: Macau Casinos Are Now in a Yearlong Rut2015-06-01 070:19.345 GMTStephanie Wong and Billy Chan (Bloomberg) -- It’s an anniversary in Macau that casino bosses aren’t in any mood to pop champagne over. Casino revenue in the world’s largest gambling hub fell for the 12th straight month in May, as China’s battle against graft and a slowing economy kept high rollers and vacationing gamblers away. Gross gaming revenue dropped 37.1 percent to 20.35 billion patacas ($2.55 billion), according to data released by Macau’s Gaming Inspection and Coordination Bureau. That compares with the median estimate of a 38.5 percent decline from seven analysts surveyed by Bloomberg. Macau casinos’ yearlong losing streak has left the city’s economy vulnerable as output tumbled 24.5 percent in the first quarter, worse than Greece and Ukraine ever did. Casino bosses are hoping a series of new casinos they’re opening will draw some customers back. Galaxy Entertainment Group Ltd. last week opened two new casino-hotels, Macau’s first in three years. “We aren’t expecting further material downside from here,” after casino revenue had moved between 19 billion patacas and 21 billion patacas in past months, said Grant Govertsen, an analyst at Union Gaming Group in Macau. “However, we acknowledge that trends could still be choppy for some number of months to come before we see any breakout to the upside.” Forecast Cut Casino analysts have cut their forecasts for Macau’s gambling revenue several times this year as Chinese President Xi Jinping expands his fight against corruption and the country’s economic growth slows. Gaming receipts are expected to widen their slump to 21 percent this year from a 2.6 percent drop in 2014, the city’s first-ever annual decline since records started in 2002. More than $24 billion in the market value of the city’s six operators has been wiped out so far this year. In the first five months, casino revenue has also dropped37 percent to 104.3 billion patacas. Galaxy dropped 3.2 percent to HK$35.90 in Hong Kong trading as of 2:57 p.m. Sands China Ltd. and MGM China Holdings Ltd.also fell more than 3 percent, while Wynn Macau Ltd. was down2.1 percent. SJM Holdings Ltd. gained 0.1 percent. Macau’s economic output plunged 24.5 percent in the first quarter, following a 17.2 percent contraction in the previous quarter as gamblers stayed away and travelers cut spending.Sales of luxury goods also suffered with those of watches, clocks and jewelry down 31 percent and leather goods 28 percent. The number of Macau visitors dropped 3.4 percent in April.Mainland Chinese, who make up two-thirds of the city’s total, fell for the second month in a row, a drop of 6.4 percent year on year. New Openings Galaxy’s casino openings last week marked the start of a new era during which each of the city’s six operators opening a property in the next two years, betting on non-gambling Las Vegas-style features to lure back customers. Controlled by billionaire chairman Lui Che-Woo, Hong Kong- based Galaxy has live street performers alongside a hawker-style street market at a project that recreates New York’s Broadway theater district. It also added more luxury shops and fine dining at an expanded property. Macau-based Govertsen said the company complex has been notably busier than recent history would suggest, and could lead to an uptick in revenue for Galaxy, though not necessarily for the market. “We continue to believe that the new Galaxy supply will be more of a share taker than a market grower, although it will take many weeks or months to determine the exact dynamics,” he wrote. Melco Crown Entertainment Ltd., next to open a new resort later this year, will erect Asia’s tallest Ferris wheel. Sands China Ltd. follows with a property featuring a half-size repl

BigRat 30 May 2015

Re: NUMIS NOTE Works fine, thanks.

Willow67 30 May 2015

Re: NUMIS NOTE Re-type it?

charlie51 29 May 2015

Re: NUMIS NOTE See if this works:[link]

KEEPING CALM MIKE 29 May 2015

Re: NUMIS NOTE Sorry just realized it was sent as an e mail to me,and not able to load here.

lomax99 29 May 2015

Re: NUMIS NOTE Hi Mike,Having trouble accessing the Numis note, do you have another link please?Thanks.

KEEPING CALM MIKE 29 May 2015

NUMIS NOTE [link]

charlie51 28 May 2015

Re: FANS Understand your view Willow, but this is a tiny dilution and provides a real enhancement to OPAY mobile capability and more. If you have ever met Leonoff you will have been impressed by his focus on what constitutes the right acquisition - I have not come across a CEO with a clearer view. Worth rereading his statement:"We have been looking for an acquisition to enhance mobile expertise such as the FANS Platform that complements our existing services for some time, and to find the ideal technology and team here on our doorstep in Montreal is fantastic. Through FANS, Optimal Payments will be able to offer innovative value-added mobile payment services globally to customers and merchants in all of our vertical markets,"

Willow67 28 May 2015

Re: FANS I cant offer an informed view on FANS and i appreciate it is small, but I am a little worried they are going too fast with their acquisition strategy.I don't want to see an endless string of acquisitions all funded by more and mnore equity issuance. I would much prefer 1-2 meaningfulm acquisitions every 1-2 years, primarily funded by cash and debt. The way to strong shareholder returns is not through EPS dilution.

charlie51 28 May 2015

FANS Strange to see a markdown after the RNS on FANS. This looks like a really neat acquisition and fills a gap in capability with huge potential to existing and future clients.