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

Tempted to take profits and then wait for pullback but if the Asia deals come out this is unlikely to come. Decisions ! decisions!

up 22p....

gf :-)

Told you before I haven't got a problem with him.


Do I hear 4 quid ?

I've been out since first thing, come back home and guess what, I've missed the boat. I'll wait for the pull back now. 50p increase in 10 days it's got to ease off soon or has it. LOL to those who got in early. GF the beer's have got to be on you well done.

MS

Mickey what have you done.

MP what pull back.

Come on 4 quid.

cheers GF.

I know GF I've already given myself a real good bollocking.

MS

LOL.

Check on it first thing Mickey.

cheers GF.

Will do, I'm in all day.

MS

closed 3.95 on the bid although traded to a new high
just over 4.00
chatting to my broker today informed me a lot of his clients
are still getting on board and those already in are gearing up heavily
his office is very bullish about this one, as is the market,
trading statement due out shortly end feb begin march
can only see upward trend forget 4.00 roll on 5.00



regards HUSTLER

Been out all day today, missed all the fun.

Second day running ending on an intra day all time high.

How bullish is that :-)

capa

Well-- I was planning on trying to outsmart the market and sell tomorrow and buy back Monday. If a trading statement is due soon I've changed my mind or I could be like Mickey and get left behind!! This is a gem!

we love it!

Stick in no matter what the daily trend is.

cheers GF.

hold on tight the fun has only just begun

HUSTLER

down 13p.....

Should've known to take a quick profit last night-I'll never learn greed comes before a fall!! maybe next time!

Have patience , some of us have been in months.

Bouncing back now!!0:)!

Good news on the Isle Of Man.

New tax proposals on the IOM should prove a boon to NLR.

The island's business tax will be cut to zero over four years

The Isle of Man has decided to woo new businesses by cutting its main corporation tax rate to zero.
The move will cost the island about 20m a year in revenue.

The advantage is that the island will become a significantly more attractive place to do business than the UK.

British businesses have already been angered by an increase in their tax burden in the latest budget.

Alan Bell, the island's Treasury Minister, said the decision had been taken in order to restructure the island's economy.

But he denied that the decision would attract the wrong sort of companies seeking to evade tax.

Deterring dodgers
Mr Bell said the inevitable outsourcing of traditional manufacturing businesses to the Far East and India would lead to rising unemployment among islanders.
"We now want to stimulate new business to replace those jobs," he told the BBC's Radio 4 Today programme.
He said the island's strong regulatory regime would deter tax dodgers.
The plans were given a cautious welcome by the UK government, which said they appeared to comply with the EU's code of conduct . The tax cuts will be introduced gradually, and be reduced to zero within four years.

cheers GF.

good news gf - licence to print money and pay no tax
now that is smart buisness

note
shareweekly online today - premium tip of the week - NETeller
reporting all the plus points we have highlighted previously

regards HUSTLER