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

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 !

At least we know our faith in the company is justified--I only wish I could afford to add. cheers MP

Having jumped in on this one at 250p and bailed out at 700p, I now think it could be time to get back in again.

I can't imagine that AIM is going to have a huge amount more to fall after it's 20% drop of the last two months.

NLR will be included in the AIM50 an AIM100, which means there is likely to be a lot of tracker buying.

NLR trades on a forward PE of 10 and is growth company.


Tallsiii

Again today more buying and they hold the price back.

Do you think we could persuade Overgroeth to do one of his charts for NLR--they seem to move the share price north!

Once the shorts are out it should move north again..

Nice to see this moving north,or is it trading in a range as GF said , maybe this time we're on our way, lets hope so..

here's hoping!---20 here we come. LOL

For you chartists, and that has nothing to do with the chartham method (which I know little about!!) - NLR has now moved through the 20 DMA. Even if chartism means nothing to you - believe me it means something to bears/ shorters. In short I reckon Evil (what a beast),and his cohorts, are now rogered on this stock and should be seeking pastures new, unless they do indeed have steel balls!

Of course - this being the stockmarket, I could easily end up with egg on my face. In which case you won't be hearing from me for a suitable time, at which point I will return when everyone will have failed to notice my blunder.

Congrats to the scousers!!!

rgrds
gk

Well its ticked up again gallick,,moneyplus i was thinking 25 by friday !

Think I will be happy with 550 by Friday !

Baza

Me too bhunt, at least its a start..

25 by friday--champagne all round!!!

At last the relentless trading maybe over for the time being, agree with Gallick on this one. As mentioned before the consolidation on AIM should be the impetus this share needs to motor on as fund managers start tracking the Index...............

Hoping for 550-560 by the end of the week

My interpretation of the chart is that the retracement's probably over; the fundamentals look great, the AIM issue is very positive and the press/broker comment is very supportive at these prices. In short, a lot of reason for the sp to rise over the fairly near future.

Strange then that there's a fair amount of selling. If I'd bought at round 500 or less, whether as a short term or long term punt, I'd be waiting for a greater gain. Actually since I bought round 550 (and probably for the long term) I'll be happier when it far surpasses that point!

Cheers, Madison

Edging ever closer to your target guys...I see it takes the top spot in Shares mag's M-commerce Portfolio today. ("the shares look seriously good value")

Cheers, Madison

Madison, do you think its ready to break out of this range of being shorted up and down, 500, ,540