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

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

Its nearly there - 550

B

Yes bhunt, but is it on the way now .

Yes!

It ought to. But I'm not really an NLR expert, I never short and I don't keep watch on the shorting info. I would have thought this one's big enough to throw it off though, particularly with the AIM list upcoming.

Cheers, Madison

It does look like it . Cheers

Yes = 550 - but will it hold - I am not confident yet - but it looks positive - a step in the right direction - a breakout !!

Baza

WW trade. volume average weighted price, can some one tell me what this means please..JB..

Thats what I like to see maybe raise my target for the week to 600-620 LOL

Can we not get the new charts at the top of the thread?

FireOne floating on 2nd June, we may see a slight blip in the price today.

I bought in to Fireone this morning,i also hold NLR i wonder if this new float will have any effect on NETeller's share price over the comming weeks ?

Anyone knows why the increase today on this one?
p/271

Don't know pesion271 but very pleasing,, there is a Gaming expo in Montreal this week , and i know NLR are a major sponsor...

Hi JB - yes it is good to see the price moving upwords - without any news it is confusing whether to stay on or get out - will see what happens tomorrow.
SBT also moved well upwords today and took advantage to bank some profits.
p/271

today was the expiry period for SpreadBets, could explain rally in quite a few stocks that have been under pressure the last few months.

Nice tick up today, hopefully quality is being appreciated

Yes two good days on the trot,i think this is headed back over the 600p quite soon.

On its way now ,

Nice rise but more sells than buys at present showing. Presumably there's some buying going on which will show up on our screens later on. No, that's far too rational! LOL. Hope you're right blackbelt.

Cheers, Madison

Im having an unbelievable couple of days, with GMC, VML, RCG, ACG and this baby........its so strange the way the markets go but im not smart enough to work them out! Just pick wisely and wait