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

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.

Not at present MP
will have a look though
all the best
HUSTLER

Can't understand why this thread has gone so quiet. It used to be the apple's eye a few months back. I made a good profit then and am set to double my money in my first tranche I bought after the pullback. Are there better places to be? I can't see them but I still have my fingers crossed for SEO.
Is there anybody out there or am I making profits on my own?

B2B

Yes i got back in yesterday , been in and out a few times.

B2B

Quite a bit of the action is now with FPA (a mini NLR).
Check the thread there.

Supermono

Hi all
Hang in, the story stays the same
and the market is responding.
Don't look a gift horse in the mouth.
Good to see you back Jimmy.
All the best
HUSTLER

I took profit and moved to fpa, but will be back for a kill.

Bounce back from 800p this morning , results coming soon, and as HUSTLER says the story stays the same , looking good for the next couple of months..

Results from Fireone today in my opinion whilst good. show that Neteller is the cheaper of the two.

capa

I sold FPA today for 30% profit - not bad for three weeks, and put it all back into Neteller this morning - I feel happier holding this one for the long term.

trying to as well but can't get a quote to buy from squaregain--will try again later.

back in now-but had to pay a bit more!! now to sit back and wait for the results fingers well crossed.

moneyplus

the Fireone results would indicate that Neteller is probably also doing just fine.

10 by September ?

no probs !!

Mono (in a particularly optimistic frame of mind)

just added a few more as the results are Sept 2nd and there's been a bit of a pull back--I'm expecting them to take off again starting next week- some quite sizeable buys being absorbed at the moment. fingers crossed for 10 + by the end of the year.

Going well the last two days, ,if interims are good , this may hit a new high .