NETeller - NLR - 3.15
Thought i would start a new thread following on from
hawick - new issue looks very special - not to steal the thunder from
hawick but just to highlight the company name to those not already in to this
potential blockbuster.
Those of us who are following NETeller know the background and have been
active with postings,for newcomers i strongly sugest viewing the
( new issue looks very special posting )the content will speak for itself.

Brief overview of NETeller
The company handles online cash transactions across the globe
on 21st oct gained fsa approval to operate as a regulated e-money issuer
and will passport the regulated status to all 25 EU member states
it has over 1 million clients rising by 2000 number each day
1500 online merchants and processed over $1.5 billion in 2003
pre tax profit is estimated to be 29 million to dec 04 rising to
40 million next year
per currently 20 to dec 04 falling to 11.5 which is low for sector
brokers have been raising forcasts on a regular basis
share price has risen over 50% since launch earlier this year
new markets emerging constantly,asia has the potential for supergrowth
online casinos are creating enormous profits
given all this - cash generative - huge market - fsa approval
infastructure in place to handle growth, profits accrue to bottom line
the market force is behind it with good relative strength
all put together it is hard to argue against this has the potential
to be a blockbuster over the year ahead

regards HUSTLER

Just for that I will hold - tee hee

Baza

Maybe ill go short then, no that would'nt work for me either.

Still no rise, come on bhunt sell and if it goes up to 10 pounds on monday ill split the profit with you.

I wont, I wont, I wont - damned things

B

He He , thats perked me up.

cheers GF.

At least we have the small comfort that its holding up in a bad market today!

All those sells, and the bid goes up,its the other way round from last week,are you as confused as me ? .

large buy order being worked?

rumour on ADVFN that Goldman Sachs have been asked to look for a buyer.

anyone heard this?

Nice tick up this morning.....I heard the same rumour but think its just a rumour. It makes sense that this could be snapped up, it just adds another good reason to hold onto this one

here we go again up to 525 yesterday and now back down in the 490's , same pattern..

Same people taking it up and down Jimmy. Placing large capital stakes for small % returns. Best steer clear if you can for the minute.

cheers GF.

Cheers GF im in rather heavy im afraid..JB..

me too! Decided to hold for the 2 year tax break--lol.

NETeller PLC
19 May 2005

NETELLER PLC

GLOBAL EXPANSION CONTINUES BY ADDING TWO MAJOR ONLINE MERCHANTS, BETFAIR AND
EXPEKT


London, England - 19 May 2005

NETELLER PLC, a leading online money transfer service provider, is pleased to
announce its continuing expansion with the recent addition of both Betfair and
Expekt.com to its merchant base. Both these prominent merchants now accept
transactions from NETELLER's growing worldwide base of more than 1.5 million
members.


Betfair

Betfair is the world's leading betting exchange, a revolutionary concept which
it has pioneered. Powered by cutting-edge technology, Betfair allows punters to
set their own odds and back or oppose an outcome, even once an event has
started. Betfair also has one of the fastest-growing poker rooms in Europe and
attracts 15,000 regular poker players per month. Betfair's business excellence
has been recognised by prestigious organisations such as the Confederation of
British Industry, which named it 'Company of the Year' in its 2004 Growing
Business Awards.

NETELLER's service will be available to Betfair users in early June 2005.
Betfair does not accept bets from the US and all NETELLER customers are screened
for geographical location.

Jonathan Cumberlege, Betfair's director of payments, stated: 'Betfair is very
pleased to offer NETELLER's highly regarded and convenient payment service to
our sports betting and poker customers in the UK and abroad. NETELLER's FSA
regulation and Know Your Customer (KYC) processes provide Betfair with the
confidence that all NETELLER customers will comply with our own KYC policies'.


Expekt.com

Expekt.com is a leading international bookmaking group with betting licenses in
Malta, UK and Austria. The company was founded in 1999 with a goal to be the
leading online bookmaker serving the global marketplace. Expekt's services are
available in 18 languages for customers from over 200 countries. Expekt.com
customers can choose from both national and international sport events as well
as poker and casino games.

Per-Ivan Selinder, Chief Executive of Expekt, commented: 'Expekt's adoption of
NETELLER's widely used money transfer service is aligned with our commitment to
global leadership in online betting'.

Gord Herman, Group CEO of NETeller PLC, stated: 'NETeller continues to increase
its critical mass in the rapidly expanding i-gaming market by providing trusted,
secure and innovative payment services to the largest and most recognised names
in the industry. The addition of Betfair and Expekt as registered merchants
expands and strengthens NETELLER's merchant base, providing our members with
more choice in quality merchant sites.'


Ends

Thanks pension we need news like that.JB.

NLR put out a statement like the one above , and there is a sea of red this morning. I don't think so ! this manipulation is pissing me off..JB..

News from shares mag - 19.5.05
Spreads on the 100 largest AIM stocks are set to narrow as new AIM indices unveiled this week prompted higher trading volumes and attracted more institutional investors. The LSE says institutional investors are waiting to create tracker funds based on the AIM 100 and AIM UK50 - the 50 largest UK AIM stocks, headed by 870m SPORTINGBET (SBT:AIM)
Having an AIM50 will encourage some index funds to follow and that could have a positive effect in share prices.
Others near the top of the AIM UK 50 are NETeller(NLR:AIM), Monsoon(MSN:AIM),Regal Pet(RPT:AIM) and Peter Hambro Mining (POG:AIM)

Lots of big buys and still no rise !