We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Optimal Pay | OPAY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 345.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 345.00 | 345.00 |
| Top Posts |
|---|
Posted at 09/11/2015 10:31 by old fool2 From poster Moorhey on iiiIt would seem that you and me Wolfhound, are on the same page looking 5 years ahead and not 5 weeks. Yesterday, I was taken out for lunch by my "boys" aged 24 and 22, and they both (without prompting - we were talking about internet gambling) recommended using Skrill as a payment method, and said lots of their mates held skrill accounts. Me? I'd never heard of Skrill before OPAY bought the company! Yes, there is the strong possibility that a 3rd-party will come along and try and make a takeover bid, but that bid would have to be fairly significant. Much of the current market valuation is based on the premise of growth (OPAY only generated $59 million profit on $365 million revenue last year) but, even at 2014 figures, if you compare OPAY to similar internet-based finance companies, any bid would have to be at least double the current market valuation of £1.65 billion, and more likely a lot more than that. Then you have to ask, who are the potential bidders? And it is not good enough just to real-off names, they have to be companies with shed-loads of cash. Otherwise, as with VISA buying VISA Europe, most of the purchase money is borrowed. And if the purchaser doing the buying is using finance, who would you lend the money to? A big company with dead management trying to find growth by buying a fast-growing innovative market leader - or the brilliant management of a fast-growing market leader wanting to leap-frog into the FTSE100 by buying a sedentary dinosaur needing new blood? The OPAY management have done it once already in buying Skrill, so why not do it again? I know who I'd lend my money to, but then I'm not a banker. |
Posted at 07/11/2015 16:44 by checkers2 Our business used the optimal payments "netbanx" platform for over 5 years. We have just migrated to the the Stripe payment processing platform, which is a US heavily backed start up.It is way superior to the optimal payments platform, with a better back end - while the ecommererce integration took weeks with OPAY to start, we were set up in days with stripe. And it costs our business 40 % less. I can see them being a hefty competitor for OPAY. |
Posted at 07/11/2015 12:46 by ralphmalph The shareprophets lot (the ones with the silly names) are starting their "short" ramping on Wirecard. I would imagine it will escalate to full volume when they have their positions on.Whereas the logic for the short on OPAY was quite frankly silly, Oh my gosh they have a large customer in China and we all know the Chinese are nasty. The logic for a short on Wirecard is sounder, but does not mean it will be correct. Wirecard have just bought an Indian payments company good logic there, fast growing market, lots of people that send money home to families, etc. Having said that the price paid seems a tad expensive. They paid 7.5x sales and 49x FY2015 EBITDA. If OPAY was valued on these metrics then the share price would be double what it is today. |
Posted at 03/11/2015 16:20 by malcolmmm Canaccord Genuity restated their buy rating on shares of Optimal Payments Plc (LON:OPAY) in a research note released on Wednesday morning, Marketbeat reports. They currently have a GBX 425 ($6.56) target price on the stock.Several other analysts have also commented on OPAY. Barclays reaffirmed an overweight rating and issued a GBX 450 ($6.94) price objective on shares of Optimal Payments Plc in a research report on Monday, July 6th. Numis Securities Ltd reissued a buy rating and set a GBX 450 ($6.94) price target on shares of Optimal Payments Plc in a research report on Tuesday, August 4th. Deutsche Bank initiated coverage on shares of Optimal Payments Plc in a research note on Tuesday, September 15th. They set a buy rating and a GBX 380 ($5.86) price objective on the stock. Finally, Citigroup Inc. reissued a buy rating and issued a GBX 400 ($6.17) price target on shares of Optimal Payments Plc in a research note on Tuesday, September 29th. Five equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and a consensus price target of GBX 421 ($6.50). Shares of Optimal Payments Plc (LON:OPAY) opened at 307.69 on Wednesday. Optimal |
Posted at 15/10/2015 12:43 by dragonsteeth high park, its interesting that you use True Strength Indicator, it seems very similar to macd lines. I use a triple screen approach at times, but long ago realised that I'm not a good trader . As far as Opay is concerned I've bought and sold a few times over the past few years but all have been holds for long periods.I've done well (lucky?) with my timed sells and buys sometimes OPay just goes on a marked run and becomes overbought or oversold and I'm happy to make a decision on my instinct even if I miss absolute top/bottom. I just dont see Opay as a frequent traders share, though many here do.There is a factor in play which rarely gets mentioned but was a prime reason in my original buy and why I'm hoping to hold long term - Joel Leonoff. For me he is an outstanding individual to have as CEo/President. It can be easy to be blinded by a smooth talking CEO ,lets face it if you cant appear slick before the cameras you dont become CEO in the modern era. But he has continued to impress over the years with his vision and leadership. This is not a company solely reliant on one man , but he remains a key part of their success. |
Posted at 13/10/2015 15:17 by albanyvillas Jim Slater: My latest tip improves the odds in the stock market casinoSir James Goldsmith told Jim Slater: 'If you want to gamble, own the casino.' That's why he's tipping this share 13 26 0 16 55 'If you want to gamble,’ said Sir James Goldsmith, 'own the casino’ Photo: Rex Features Is gold the ultimate safe haven asset? 'Safe haven' investments such as gold, the dollar or hedging sounds appealing but may not always be the best solution Sponsored by Alliance Trust By Jim Slater7:06AM BST 03 Oct 2015Comments14 Comments One evening about 20 years ago I was talking about gambling with my friend, the late Sir James Goldsmith. “If you want to gamble,” he said, “own the casino.” With this kind of thinking in mind I recommend to you a company that benefits substantially from the dramatic worldwide growth in gambling but does not take risks on the bets being made. The company, which made it through all the “sieves” I use to evaluate shares, is Optimal Payments (soon to be renamed Paysafe Group), which offers online payment solutions to merchants and consumers and provides services to businesses and individuals to allow the processing of payments by direct debit, electronic cheques and credit cards. An excellent 46‑page circular by Citi explains that gambling customers like to use “e‑walle Payment processing (30pc of future profits) is very competitive so it has lower margins. Optimal can also now distribute prepaid payment vouchers for secure online transactions (25pc of future profits). ADVERTISING On August 10 Optimal completed the Skrill acquisition, more than doubling the size of the group. The deal was superb because it enhanced earnings, improved the quality of those earnings and has the scope for very substantial synergistic savings as the two companies are rationalised. The enlarged group should provide significant future cashflow, which will bring borrowings down while preserving sufficient cash and facilities to fund future acquisitions. The numbers look very attractive to me. At the present price of 327p the 2016 price to earnings (p/e) ratio is 16, based on forecast growth in earnings per share of 28pc for the year ahead. Cashflow is likely to be excellent, there has been no selling by directors, there is a fast-rising dividend yield, currently 1.8pc, and the relative strength of the shares against the market has been very positive recently. There are a number of reasons why the share price is likely to rise: 1. Potential savings from the Skrill acquisition are at least $40m (£26m) a year and could be much more. Margins should also improve and there will be many opportunities for cross-selling. 2. Both Numis, the stockbroker, and Barclays have a target price of 450p. Citi’s “base-caseR 3. Citi compared Optimal with a range of similar companies. The bank found that on average the peer group was 20pc more expensive, providing justification for a rise in the valuation of Optimal’s shares. 4. Strong free cashflow will facilitate more acquisitions, which are likely to enhance earnings immediately. 5. Optimal has been an Aim stock but has now applied to join the main market in October. With a market value of about £1.5bn the company is a very likely candidate for the FTSE 250 index later in the year, with consequent buying by fund managers who track the index. |
Posted at 16/9/2015 13:42 by ralphmalph World pay makes £182 mill EBITDA in 6 months.OPAY makes $68 / 1.53 = £44mill (without Skrill) Skrill EBITDA to end sept 14 was £89 mill. Companies in this space growing profits at 40% so this means potential Profits at skill 6 months after sept 14 = 89 x 1.4 = $124.6 = £83 mill. Combined OPAY Skill EBITDA = £127mill OPAY makes 127/182 = 70% of the EBITDA that WP makes. WP valuation £6.6 bill OPAY valuation £1.46 billion If OPAY valued at WP levels this would mean a market cap of 6.6 x .7 = 4.62bill 4.62 bill / 1.46 bill = 3.16 I look forward to the OPAY share price increasing by 3.16 times to be valued as WP is. Also WP profit growth is only 13%. Seems that the French are buying the wrong company. |
Posted at 16/9/2015 10:37 by ralphmalph Difficult comparisons because the Skrill numbers are not in the OPAY half year results.But OPAY EBITDA was +28% 30mill to 49.9mill. But in these results OPAY have booked one of costs of 16.5mill so the profit should have been 30mill to 66.4 mill an increase of 65.4% SCH went from 20mill to 28mill increase of 40%. I could not use EBITDA because SCH has aquistion costs in those figures but not in the ones above. So OPAY is 7 times large, growing profits 50% faster than SCH and makes more profit than SCH turnsover. Must be the economies of scale. |
Posted at 16/9/2015 08:56 by trentendboy People should check the interims of Safecharge (SCH) - a OPAY competitor. Highly profitable in the same sector. Whilst OPAY might want to buy them I can see them catching up quick. OPAY need to take them out quickly IMOVery strong dividend policy ala GVC |
Posted at 15/9/2015 14:13 by ralphmalph @jaregaIf you take a longer timescale and as long as the profits keep increasing then I have always thought that this has the potential to another Asos (and I know Asos has declined since its highs). That took about ten years to go from a quid'ish to 70 quid. One of the main reasons is that the Market for OPAY is the whole world, it is not limited by geography, like Bricks and mortar businesses are. We are three years in to the OPAY rise and profits for the last fiscal year have doubled. If OPAY keeps profits focussed and does not have a doubling in costs i.e the technology can scale with out large extra investment to cope with the new customers). Then we could be in for a period of profits more than doubling. But if they doubled every year for the next seven and the share price does the same then we could see an share price of "you do the maths" but it is a large figure, ASOS, Apple Google and MS in the early years 'esque. So everytime OPAY put out a financial statement look at the profit growth and not the statement that it has one large Asian customer. |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
