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

Over the last 3-4 weeks I have made bigger profits than the whole of last year. RTD, NLR, DGM, SHI and several others. Last year I made most of my investments after reading SCSW. This year I have listen to the advice given on this BB. So many thanks to GF, Fundy, Capa, Dil etc The drinks are on me if we bump into each other at the bar.


Got into NTL twice and both are now showing a really healthy profit.

Cheers guys

B2B

What is SCWS?

Small Companies Share Watch

Cheers

B2B , it was Momentum Investor (a sister publication) and then SCSW that convinced me that my original purchase was a good decision and I have added more since the articles were published.

Good luck.

Interesting the the mm's marked this down first thing after that trading update, especially as the statement confirms how fast this company is growing.

Q4 equal to Q3 is fantastic bearing in mind historically Q1 and Q3 are the strongest quarters.

Coming back up now I see.

capa

(AFX UK Focus) 2005-02-04 08:11 GMT:
UK smallcap opening - NETeller slips back after uninspiring trading update

"LONDON (AFX) - Shares in NETeller lost 8 pence at 542-1/2 in early deals as a pre-close trading update from the AIM-listed firm failed to inspire.

The operator of online money transfer services, said it continued to "rapidly expand" its member base and merchants in the fourth quarter.

The company said average daily sign-ups of new members grew 94 pct to 2,072 in the three months to Dec 31 2004, noting that growth in new member sign-ups has historically been strongest in the first and third quarters."

Any thoughts on what numbers are being perceived as disappointing? I can only imagine that it is the sign-up numbers given the third paragraph but average daily sign-ups growth of 94% in three months doesn't sound particularly bad to me.

Have they set higher targets which they haven't met or have I missed something else?

Cheers.

A shake out had to come at some point and thats what's happening and is healthy .

The figures are fine.

Please explain Dil ,i felt a lot more healthy when it was climbing all week

Going to use the drop in price as an opportunity to increase holding but was intrigued by the "uninspiring trading update" in headline.

Have every confidence the SP will continue higher in the coming weeks.

On related subject (kind of), anyone read the article in Share Magazine on GVC? Don't want to overload on this sector, but it is booming and the quoted market share in Germany, Austria with imminent expansion into Russia, Spain and Italy provides significant opportunity for growth, particularly in short term. Anyone have any further information or comment on GVC?

Cheers,
Stuart

Nothing goes up in a straight line jimmy b , fear and greed are the driving forces of the market , the greed of those not wanting to miss the boat propelled this higher over the last few weeks and now the fear of not wanting to lose a profit has driven some to sell today.

...and for god's sake dil, don't go falling in love with the share :)

I have a stop loss Bones , a fair bit lower than the current price and even if its hit I'll do ok :-)

But very good advice.

Just to balance out the doom and gloom reports - this one has a very different outlook - funny how people can get a completely different view of the same thing - and I prefer to agree with this one.


NETeller cashes in as business booms
LONDON (ShareCast) - Online money transfer group NETeller (LSE: NLR.L - news) edged lower on profit taking after soaring more than 50% ahead
of today's trading update.

NETeller, which publishes final numbers on 5 April, said it has continued to rapidly expand its base of members and merchants during the fourth quarter to 31 December.

At the end of last year it had 1.2m signed-up members, a massive 663,000 increase on the figure for 2003.

The average daily sign-up of new members reached 1,821 for the year against just over 1,000 in the previous 12 months.

The group also had more cash rolling in, as average daily receipts from members in the fourth quarter more than doubled to $2.3m on the same period in 2003, and jumped 19% on the $1.94m in the previous three months.

Shares in NETeller have risen almost three-fold during the past half year, as it continues to grow its business and carve out a niche as a clearing house for online betting groups.

The group floated on AIM in April 2004 at 200p and recently touched an all-time high of 550p

Added this morning on the fall back, how I love those MMs at the moment.
Its just a give away. Figures were good but yet the mugs mark them down from the off. A tree shake to provide stock for the increasing demand over the next few weeks and months.

Anybody selling is either bonkers or is a desparado for the dosh.

cheers GF.

V good dil. The pullback will hopefully consolidate in forming a new higher low and a new stop loss position. I wouldn't want to see a rapid recovery for two or three days to be honest. That way it can establish some support at a higher level than 350p.

The good thing with these Bones is the current share price reflects only around 50% of the current eps forecasts for this year and next imo.

The 1200p price target of Durlacher is easily achievable if NLR come anywhere near the forecasts.

Another plus is the rabble haven't bought in yet :-)

I'm still happy to hold--will add if I can at the close.

And to add to the positives from Killik Brokers morning notes.............

NETELLER Trading update

The online payment company announces that trading in the fourth quarter was strong. The average daily sign ups of individuals using the Neteller payment system was 2,072 representing growth of 94% year on year taking total numbers to 1.25 million. Daily cash receipts were $2.3 million up by 109%. Annual results will be announced in April. Neteller operates like a banking operation taking a margin turn on the deposits and as a result, a relatively fixed overhead allows for rapid expansion in operating margin. Profit before tax is forecast to grow from 16 million in 2004 to nearer 40 million in 2005 for prospective price earnings ratio of around 20x. The stock remains good value. ENDS.

oing in for yet more.

cheers GF.

Bones , if Bullie adds them to his SIPP portfolio then I'm off :-)