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

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..

AGM statement out today--very encouraging but nothing to set the sp alight!!

Nice bounce back today..

I suspect that part of the reason for the recent uptick is the coming launch of Party Gaming. Prospective launch price showing in the grey market seems to indicate that NLR is on a far more favourable prospective P/e than Party Gaming. Good to have the attention on the sector though.

rgrds
gk

Storming ahead !

An excellent day for NLR-perhaps the Party Gaming float is bringing attention here--does any chartist think it looks ready to break through previous highs? may reach our 10 forecast before the results in October. Party Gaming due soon--I thought to wait a few days and then pick up a few but now it looks as if they will race away on the first day--anyone else interested?sorry to go off thread but not one set up yet.

dont expect a miracle tomorrow the yanks
have been battered tonight
we could all go south tomorrow everywhere
HUSTLER

Made a good profit during the last run earlier this year. Now the silly buggers have left it alone have bought quite a few more tranches, my earliest is up 54% and my latest I have just bought today. Long term these have to be a good investment.

B2B

700p on the offer now !!

I have read on the SBT thread that party poker floats on monday,if so does that have significance on NLR,looked good today though.

Hi new 180, dart player are you
played a few games myself, 12.00 0clock
and battersd just back from the pub
1st chance to mention my claim to fame was
beating Paul Lim in med open in the 80's
he was the 2nd person to do a 9 dart leg on tv not
live but still on tv so not a mug.
Back to Net - good bounce against the odds today
yanks battered again tonight but Net had a good gain today on the back of the news of the PP float, Sportinbet higher also
hope it continues on monday
all the best
HUSTLER

I think party gaming has over shadowed neteller and sportingbet today,hopefully once the dust is settled i think these two should start to go north again.