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

wow, the news is excellent!

HIGHLIGHTS FOR THE SIX MONTH PERIOD ENDED 30 JUNE 2005

All figures in US$ unless otherwise stated. Percentage changes shown are versus
half year 2004*.

* Average daily sign ups: 2,732 (up 82%)
* Total half year end members: 1.75 million (up 101%)
* Average daily receipts $3.0 million (up 103%)
* Revenue $73.5 million (up 122%)
* Gross margin: 73.2% (69% in HY 2004)
* Profit before tax: $40.6 million (up 126%)
* Net profit: $37.0 million (up 210%)
* EPS: $0.31

H1 - 2005 H1 - 2004 % change

Average daily sign ups 2,732 1,497 82%
Total members 1,745,602 868,335 101%
Average daily receipts from members $2,998,741 $1,473,944 103%

Good morning Andy

Utterly superb figures.

Roll on 8am and market opening.

;o)

yes fantastic figures....

Bl**dy Hell - these are a great set of figures - now will the borson brigade come into effect - I hope not.
Baza

Share price already up to 882p

Don't forget to keep an eye on FireOne (FPA) as it will be doing just as well !!

price seems to be holding well aalthough I'd hoped to see it break through 9--any forecasts on price will profit taking or shorting knock it back this afternoon?? this seems to happen so often.

The newspaper comment will be excellent - FireOne got an excellent review in The Independent after recent results - so shorting would appear to be a daft option at present. The Evolution analyst has already stated that profits were $2 million more than he was expecting so you can expect upgrades to be coming out.

K******

Will be interesting to see what happens when the US gets going, and after the conference call with the analysts (scheduled for 2pm)

Well, we did finish on an all time high,,will be interesting next week,,HUSTLER where are you??...

Hi Jimmy, a bit late posting been to the pub again.
Good to see we finished on a new high,
great set of results, but not to disappointed the sp
wasn't better, had a feeling it might have fallen back today
because the market is cranky, oil stocks are ruling the roost.
It will be interesting to see the weekend press
which should be very positive.
If this is the case next week could be very rewarding indeed.
When the money boys realise this still has winner written all over it.
All the best
HUSTLER

Hi All
Papers talking it up as anticipacted,
no new postings the few still in for the ride
hold on tight it is up 180% in 9 months.
If you want more, double your money
you can still get in, 19000 new members joining
up each week, wow i can say no more

All the best
HUSTLER

HUSTLER
Don't get depressed !!!
Get a load of this article:

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=76780&MenuKey=News.Home&NewsPage=1

and you'll realise that we're holding a very special stock.

;o)

another good update in http://www.scsw.co.uksw

Cheers Supermono
Just read the City Wire report,
you can't get much more bullish if you tried,
scary that it warns Barclays Bank to be on it's guard.
The report certainly thinks the monster is still
very hungry indeed.
Should be plenty of news flow in the coming weeks.
All the best
HUSTLER

One aspect that no one has mentioned but which becomes increasingly interesting to me is that Neteller could itself become a target for a bank or even the larger gaming sites such as partygaming.
Ebay ended up buying PayPal (it's largest online cash transaction provider) so it is not unheard of.
The partygaming results this week should boost the whole online gaming sector plus you have the prospect of it entering the FTSE 100 too.
Some of it will rub off on Neteller and FireOne.
It's gonna be a good week (you heard it here first !!0

Mono

;o)

All looking good for NLR , i'm staying in this time ,i can't see it being shorted again, this should have a good run in the coming months,,,and to think, i thought i was clever buying at 245 and selling for 380 ..Cheers .JB.

dorothy - please can you post the text of the scsw piece?

Feeling rather smug at the moment. Got my first ever double bagger..... with NLR bought at 444. Got lots of other tranches of this, so here's hoping they can double in value too.

Cheers to all who are holding. The graph looks very good.

B2B

Over 900p now and looking good.

Hi All
No input today from the yanks, closed all day.
But we still broke new ground and a new high not a bad start to
the week 9.00 for the first time.10.00 first target only 12% away.
Results last week when digested should continue to fuel the rocket.
As for the shorters i don't see them being around for a while unless
they want to get burnt.
Had a long chat with my broker on friday and he informed me
Evil K has been warned off certain targets, not this one i must
stress. but reading between the lines the shifters have had a gut
full of him, and about time.
All the best
HUSTLER