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 genie great news,
broker targets of 10 and 18.
Looks like the market is responding already
touching on its all time high price, at time of post 7.52
all the best
HUSTLER

Dam ! i sold out a while back and now it's taken off without me..

Majestic!

I'll be back !!

8 on the offer for the first time , is it upwards from here ? i'm still out at present..

I sold out of these as well JB, im pretty annoyed but i needed to bank some profits after a bad run this year! I did the same with SEO at its peak but would like to get back into both them soon. This is gonna have to pull back soon and then im in till the results

Might not pull back now ,,have to watch closely today/ tomorrow,,some pretty big buys going through.

Hi all
new high today 7.97 mid,
10 not far way, will suffer profit taking for sure at some point
Longer term, brokers upgrade target 12 months 18.00
will stiill be cheap, eps over 50, nothing else even close
when you link actual profits in sterling.
still not to late to get in.
all the best.
HUSTLER
ps, Asia not taken into account yet or zero tax
in two years time.could even be a lot higher

hi all
another new high today 8.13
3rd in list of 4 day gainers up 23%
all the best
HUSTLER

Took profits expecting a fall back- last week--serious mistake as they're off again today rocketing up! hoping to get back in sometime before the results though.

Hi Moneyplus
Hope this is the start
of the next serious swing upward it keeps
trying then falling back, but not for
much longer i feel. The market will eventually realise the
full value in time and drive it higher, a lot
higher i hope.
All the best
HUSTLER.

Does NETeller still offer good value or could FireOne (epic:FPA) be the better bet ?

hi all
new high again today 8.41
hopefully more to come
next week
regards
HUSTLER

Really missed the boat on these this time HUSTLER,,had all my cash wrapped up in other things , may try and get back in next week , although this may pullback before it tests 900p ??...

Hi Jimmy
being in is all that matters
going up it is
with a forward view.
The story is still intact at present and getting stronger.
With a lot more to come i believe.
I dont think the shorters, gutter rats will
be around for a while, maybe at 15-25 level
regards
HUSTLER

Cheers HUSTLER , need to get back in ..the origional consensus on here , was 11 by September, i think this could happen , but maybe by christmas,,lets hope so..

kicking myself for taking profits!! now waiting for a pullback hopefully-where is Evil when you need him??

Hopefully he's Dead with a bit of luck MP.
It's hard enough finding winners on merit
only to be slaughtered by that pond life
and his mates.I bet they are a bundle of
fun in the pub, I don't think so.
By the look of him Billy no mates comes to mind.

Just edited my last 3 lines.
Had a few to many tonight better leave it there
ps don't wait to long, at the current price
double your money or more is still very much a reality.
All the best
HUSTLER

yes I think you're right I'll be looking to get back in next week.

Hustler are you into Fireone FPA? It is performing very well and not too much interest yet-figures out Aug 9th.