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

Well done to those who rode it out.

I started buying these at 245 sold out and then got a bit over confident and bought back in over 600, so patience was the virtue...

Still here Dil, now holding less shares but all free :-)

You still 100% cash ? Don't be tempted to stick it on the Lions will you.

Regards

capa

Hi All
Bit of a white knuckle ride over the last 3 months, but now
seems the worst is over. Strange but if next week repeats
this week we will be on a new all time high that would be good.

Shareweekly tipped NETeller again today
quoting it the exception to the stop loss rule,
having sold out at there stoploss they are now back in
remaining bullish
Shares mag also, yesterday tipped it a buy
good luck all
HUSTLER

Main tip in "The Momentum Investor" today , very positive write up..JB..

Hi Jimmy
2nd time momentum has tipped it
am sure there will be many others to follow
regards
HUSTLER

Hi Hustler,,Yes i bought it the first time, last September,,,will be interested to read your comments this coming week..Cheers JB..

Hi Jimmy
We had a stormer last week
will be interesting to see reaction this week.
Could surcome to profit taking but i believe
the next wave is up, remember the markets are crazy
it dragged it down 40% for no reason other than the
Aim fell 20%, and we fell double if the market goes up
10% we could double or treble the performance
8.50 next target soon 1 - 3 months, then 10.00 and beyond.
As moneyplus says 20.00 is rich but not a pipe dream in say 2 years
when you add Asia into the equation
regards
HUSTLER

capa , I do the odd "trade" but SIPP etc still 100 % cash.

You ever thought of buying a few YOO ..... well don't imo :-)

Regards to all.

Quiet start ,i just hope this does'nt go back to the boom and bust of the last couple of months.

Looks like it is doing Jimmy. Do you take your profits now or wait and see?, I also see MMG is going down again. In fact theres a whole host of small caps falling today. I took profits on NLR Friday midday. Not sure Im right in doing that but certainly not going to throw them away this time around.

cheers GF.

Holding it's own though today GF..

No its not there's the drop, bid of 635p now,,that's me out . Why is this so volatile ?

Im back in on the next upward leg,i still belieeeeve...

Hi Jimmy
We took a whack today down 5%
on the back of a 24% rise last week
so not a complete surprise, i note a few
supporters have cashed in and can't blame them.
We all have to be comfortable with what we do.
Overall there were more buys than sells but
the markets are unsettled pulling a lot of stock down
as for the rest of the week buck or bounce who
knows but watch the markets in general,
oil prices seem to be headline news again
which will cause jitters and the Dow and Nas are
down at post not a positive sign for us tomorrow.
Still standing firm however for Nets future prospects.
all the best
HUSTLER

Im out ,but still in with a few i bought way back,,..Thanks for your comments HUSTLER..

Glad you made a profit Jimmy I hope the rest of the guys have taken note.

cheers GF.

PS, the real action starts late September, too many sports events on TV now and volumes very low.

Yes GF im glued to Wimbledon for the next two weeks , still want to make some dosh though ,cheers to you..JB..

Hi Gf
What Sports
No World cup Fottie or Olympics this year
British Nr 1 Woman already out of Wimbledon 1st day,
Tim tomorrow lets hope not, at least until he meets
Grosean 4th round again, sounds like May and St Leger again
like a side bet on NETeller just for fun.
Only having a laugh, slaughter me in sept if not higher.
As always wishing well
regards
HUSTLER
just for the record 6.40 tonight

Your about right Hustler, finished 645p,,hope it starts to move forward soon, JB..