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 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

Interesting bit in weekend FT money section at www.ft.com/myportfolio

Up down ,up down ,come on Neteller sort yourself out , lets hope SBT results are good next month ,it could have an effect on the whole gaming sector...
If they are good ,i think we may move to new highs ..

Agreed Jimmy
We seem to follow SBT on the sp for what reason
i don't know. More important is newsflow which
should link us to a major bank before xmas.
My broker tells me SBT results due 12 oct
will be very good indeed and i trust his view.
However a deal is what we need,
having a breather at present and volatile,
but assuming no negative news from the sector
breaks and the overall market stays positive
we are in great shape, with a lot more to come.
HUSTLER

Hustler

SBT have some bad press to clear up too (Shares p20), but like you I don't see why NLR should follow!

Ruthie

I read that too Ruthie, hopefully like it says ( "the amount Rotoplay is suing for is likely to be insignificant" ) the fact is PRTY hurt the gaming sector recently ,hopefully a good set of results from SBT can revive it ,and reading HUSTLER above, it's looking good. Cheers JB..

What a bloodbath !!!!!
Last time it was PRTY
This time it's EOL that's responsible.
I suppose next time it will be SBT and we can all pick up NLR at a fiver !!!
It's daft.

:o(

Stupid to hammer NLR in this way , i jumped out last week (you can't go against the flow) , looking for an entry point ,lets see if SBT results are good , if not watch out!!

When are they due?

12th on Wednesday Dil..

cheers jimmy

Hi Dil

glad to see you back.

Not being funny here but how come SUE HELENs just returned to the board aswell.

Do you think you are in there????????????????????????????????.

cheers GF.

PS, by the way a good win on saturday, pity Giggs didnt take it further with England. The coach at the time needs shooting.

Hi All
Crap day for holders, great day for new money.
Very volitile still at present short term could go either way
sector is skitish. as is Aim, but if you can't see the wood for
the trees. Try To, when the smokescreen clears
my view for what it is worth is now a target of 15.00 plus
given 12 - 18 months on current stats. If it's not broken
don't fix it.easy to say and hard to do i know but i refuse to day trade.
All the best
HUSTLER

Excelent post Hustler.

Still in these and just keeping them warm. Obviously at some time here in the UK growth is going to slow. Its then up to management to flog the brand aboard as they are doing now.

The one thing that worries me is that the company is open to the 'general picture' in the online gaming market. The bubble will burst at sometime.

This one is now a bottom drawer stock and obviously one of the reasons I rarely comment on this thread.

A pension provider for me many years down the line.

cheers GF.

Excelent post Hustler.

Still in these and just keeping them warm. Obviously at some time here in the UK growth is going to slow. Its then up to management to flog the brand aboard as they are doing now.

The one thing that worries me is that the company is open to the 'general picture' in the online gaming market. The bubble will burst at sometime.

This one is now a bottom drawer stock and obviously one of the reasons I rarely comment on this thread.

A pension provider for me many years down the line.

cheers GF.

Cheers GF
Good to see you back on this thread.

I know you cannot go against the flow but at some stage the market will have to realise that the futures of NLR and FPA are far more rosier than the futures of the gambling sites themselves.
The collapse in the Neteller SP is spooky. FireOne has just joined in.
It's just a matter of deciding when is the right time to buy.
Common sense suggests current levels are very attractive.
However common sense appears to have gone out of the window.

;o(