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

Broken through the 900p barrier now,,is this the next leg up ?

profit taking this afternoon I expect but I think I'll hang on to mine-it's quite a ride!

Maybe others will see it that way MP , i'm staying in this time ,,10 here we come.

decent size buys--only very small sells so it's looking very promising for 10 soon!

Evening all !!!!!
Ended the week at an all time high.
Shame about the PartyGaming turbulence earlier in the week otherwise I genuinely believe we would have touched 10 this week.
Nevertheless I reckon we'll be there during September so PRTY just delayed the inevitable.
.....and I still reckon PartyGaming will be sub 90p sometime soon !!!!

Mono

;o)

It isn't often I get one as correct as this but 12% profit in 5 days and my double bagger pushing beyond 110% makes up for one or two of the not so good ones. The next dilemma is a nice one. I bought back in with the intention of selling after a quick profit of 10% but now I am really tempted to stay in with this last tranche a little bit longer.
Any thoughts? I am way over subscribed with this, probably 60% of my portfolio!

Keep smiling. I am.

B2B

Hi All.
What a week dropped 12% on sector news, only
to bounce back to a new all time high tonight.
This shows the true strength of NLR,
and can only be taken as very positive indeed.
With news of a Bank link up looking close
hopefully before Xmas and Asia still to come
on board the future looks very bright.
Just hope no more bad news comes from
the sector in general.
Plenty left to go 10.00 for starters.
All the best
HUSTLER

What a strange ,,but great week,, your right HUSTLER it does show the strength of NLR, next week will be interesting, i can see 10 sooner rather than later..

Anybody got any reason for the huge falls over last 3 days.........MM's playing games????

Morgan Stanley Places 2.7M NETeller Shares at 785.
Thats one reason i think, + shorting ,IMO

Many thanks jimmy........SD

Over 60M traded today at time of post 7M shares traded
huge in comparison to normal size.
No news has broken so can't see the logic.
This is realy testing our nerves
9 down to 7.90 up to new high over 9
now a drop to below 7.80 all within a week or so.
It still stands that the stats say it will go a lot higher
in time, but having the bottle to stay in is hard to call.
Wishing well whatever desisions you take.
HUSTLER

Sorry being a bit thick here. What is a sell with an X next to it?

B2B

Cross trade at the same price.

Been in and out a couple of times HUSTLER, , just the way it is at the moment, i still think at some point this is going to romp away. Can't moan though ,this share has been kind to me over the last year..Cheers JB..

you need a strong stomach for this ride--but it's been good to me too. would like to start accumulating again after taking profits before the fall back as I still feel this is a longterm winner

Hi all
Ended the week only 6% off all time high.
A rock and a hard place for all of us i know,
the market turned us over and tried our nerves
for sure this week.
But given the support at the close those still in
should weather the storm, i believe this is still going higher.
all the best
HUSTLER

Hi All,
British Bulls.
Have a Buy Confirmed posted Friday,
all support is welcome.
Remember we are in good shape after all.
One of the best success stories around.
And still going roll on Asia.
All the best
HUSTLER.

Hi HUSTLER ,i'm in ...

GF

Are you still in this one. EK has still got a short. I bet he's got a sore bum by now.

MS