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

still rising against the general trend--anyone got any views or info maybe they've been tipped?

still climbing--am I alone here with this exciting rise-fingers crossed for 10 next milestone. hellooooooo!

you should get SueHelen involved - guaranteed 500 posts a day even if nothing is happening.
The catch might be that he is not interested in anything priced above 2p !!

lol.

Hi Moneyplus, I'm here and enjoying the ride. There should be a trading update around the 23rd Jan I think, maybe thats why its perked up.

I've only just seen the closing price, (last time I looked it was 815), so I am very happy.

Hi Frampton ,i'm in this have been in and out for the last 18 months ,hope you have a better ride than BFC ..:-)

837p at the close Frampton
Had a rest for a while now acting like a winner again,
news due shortly should blow it away
still one of the best bets out there.
If any shorters are still around they will get
what they deserve a good beasting.
Be lucky
HUSTLER

Hi Jimmy,
I've been in this (most of the time) for over a year now - sold out once around 8, then bought back too early at 7, still, happy with that buy now - and yes, it's treating me much better than BFC!

Had a few bob in this one from the off, its purely a trading punt. Looks ready for a bounce back.

cheers GF.

Same here Gf ,,i jumped out with a profit ,but it should bounce this week before the Trading Statement on Friday.

Hi GF, I also bought a few more of these this morning for a short term trade, expecting a rise to the trading update next week.

Oh yeah Jimmy, you're right, trading update friday.

update expected to be very good-gossip in the city!

moneyplus

Let's hope so ...I've been in for a while and rode out the dip last year so would be pleased to see 10 plus

Ruthie

Hi MP
City gossip will soon be turned into fact,
been on a roll for the last month
catching up, untill yanks put the spanner in on friday.
However with all the poker sites posting booming results
safe to say we are in very good shape.
Loaded up yesterday heavy, the market
should have no option but to rerate us shortly.
I hope, waiting in anticipation,
as for targets i will keep to myself
but forget 10.00 a lot higher next 6 months.
All the best
HUSTLER

Strange !!

profit taking after it's good run---I would expect it to bounce back pretty quickly!

bet it's the hedge funds cashing in--for their big bonus payments but I know they like the company and expect it to go a lot further in 06.

A cool wind blows on hot news MP.
Runs against the grain sometimes,
must be some heavy limit orders waiting
to convert, be interesting next week,
longer term come results in march
then the truth will prevail - still one
of the hottest things going
when you take forecast profits growth and sp
into account, and dont forget the future tax position,
or zero corpoation tax should i say in the isle of man.
Not factored in at present.
Billion company on aim why not a 2 billion company on aim
hows that for a profit when you only personally pay 10% CGT on profits.
Still very cheap when you take the tax on profits due
to dear old Gord ( gready and greadier tosser )
it would be nice to get one over the system for a change.
All the best
HUSTLER