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

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 .

Hi Jimmy.
News next week, tried hard to move today up 20 spots,
indicates not to many shocks anticipated.
If positive as we expect the sp should move to new highs
weather this is b4 or after results will soon be seen,
i think there is a good chance b4 results.
what is more important is if the news is as forcast or better
this will form the base for the next leg up 10 for starters.
All the best
HUSTLER

Evening all !!!
I'm pretty sure the results will be fine.
As mentioned before the FireOne results were excellent earlier this month so there is no reason to believe that NLR will not be able to match that kind of performance.

Still reckon it's a good bet for 10 but perhaps during September rather than before !!!!!

;o)

Hi Supermono
It is good to see 10 is now being seen as a short term
target, where as a few months ago some thought
it was unrealistic, i wont spoil it be saying 15 - 18 is realistic
mid term.
All the best
HUSTLER

Cheers chaps , looking forward to the next couple of weeks with this..JB.

Check out this article on business wire yesterday. I have highlighted the part that relates to NLR. It is looking very good.


Thursday August 25, 08:29 PM
Online Gaming Giant InterCasino.com Proves There Are a Million Reasons to Play; $1,067,836.00 Jackpot, One of the Largest in History, Is Awarded t
By Business Wire


Click to enlarge photo

LONDON Aug. 25, 2005 Sometimes when your number's up, it's up. And it certainly came up in a big way on for new millionaire Richard R., the lucky winner of a staggering $1,067,836.00 on the Millionaires Club Slot game. This winning game, developed by Cryptologic, the largest publicly listed gaming company, is found on the industry leader site, InterCasino.com. The payout is one of the largest in the history of online gaming and the biggest to date awarded by InterCasino.com,
which unlike most other online casinos, always immediately pays out in full. A practice appreciated by their thousands of regular players who value a land-based gaming feel while playing online.

"All I can say is "Yeah Baby! I still can't believe this is real," said the grateful 49-year-old winner. "I have watched this jackpot for a while and every time I logged in I would see if some lucky person won it. I can't believe I turned out to be that person." When asked about his online gaming philosophy, he was quick to reply, "Play, play, play! These are not just `dream' games. Someone is going to win and it might as well be you. It just takes that one lucky click of the mouse."

The enormous jackpot comes on the heels of yet another huge payout from the world's oldest and most awarded online gaming site. InterCasino.com regular Ronald B. went from "Rags to Riches" when he recently hit it big with the Rags to Riches Progressive Jackpot, which brought him the $162,080.86 windfall. "At first I didn't believe it. I kept thinking it was going to stop," said the lucky winner to Casino (Paris: FR0000125585 - news) Manager Ryan Hartley. "All I can say is that it was very tough going into work on Monday morning."

Reached in his London office, InterCasino Manager Ryan Hartley says, "This is what it's all about for us. To be able to offer these types of payouts is a real thrill. The whole office clapped and cheered when the $1,067,836 jackpot was won. Our goal is for all our players to experience the excitement of hitting the progressive slots, their number in craps or roulette, a blackjack or any of the other winning combinations that make play at InterCasino.com so much fun and so rewarding."

Both Millionaires Club 3-Line Slot and Rags to Riches Progressive Jackpot are only available at InterCasino.com and are part of the next phase in Internet gaming via CryptoLogic's award-winning Version 6 software. The upgrade brought InterCasino.com's offerings to more than 180 games, including world-exclusive Fruit Slot Machines, as well as Downtown Las Vegas favorites like Casino Solitaire, Casino War and Las Vegas strip sensations, Super Fun 21 and Bonus Video Poker. InterCasino.com had paid out over $3 billion in customer winnings since its inception in 1996 and is proud to have been awarded the "2005 Top Online Casino" by leading industry magazine Casino Player.

About InterCasino.com

InterCasino, founded in 1996, is the oldest, most awarded and one of the largest Online Casinos in the World, hosting more than 300 million games and paying out more than $3 billion in customer winnings to date. With player security and site integrity at the forefront of their efforts, InterCasino partners with NETELLER (LSE: NLR.L - news) .com, a publicly traded company on the London AIM exchange to transfer funds securely and conveniently, ECash system, one of the most reliable and trusted e-commerce applications in the world, which has processed more than $11 billion in uncompromised electronic transactions for customers in more than 240 countries and industry software leader CryptoLogic, Inc., one of the few gaming software companies certified to strict standards similar to land-based gaming.

it will only get better sumo
all the best
HUSTLER

Just noticed on other websites that the EPS forecasts for 2006 and 2007 are 60p and 80p respectively.
I reckon that even these are quite conservative but, all the same, my short term target of 10 ought to be reached without too many problems but even 12 before the year end leaves it looking still cheap.
All IMHO and DYOR etc etc but I really am considering topping up even though NLR and FPA make up so much of my portfolio.

HUSTLER,,,,super,, roll on interims....