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

In the blue again , nice.

cheers GF.

Slow day at work but not happy at the amount of red I'm watching here.

Not so nice.

Followers of Fibonacci will note the 200 point non-stop move from 350 to 550 and suggest a minimum retrace of 38.2% of this move. About 474p would be a target on that basis. That would not be negative, but a healthy beginning of a consolidation phase before the next leg up. If I were you Dil, I'd raise my stop to 450p.

Well done at the rugger!

Cheers Bones , I use a rolling percentage stop loss.

Just going through one of those 2 to 3 day negative blips we have seen before. Stay patient and you will be rewarded.

10 quid says Dil, Ill go for that.

cheers GF.

Hi GF..seems we have NLR and MMG in common.....both big winners for me this year ...good luck.

hold on tight - a 5% fall in last 2 sessions
is not supprising as it has risen over 60%
in last 3 weeks
just pausing for breath - before it takes off again
1.9m trades today - 60% buys
10 is still a good target for this year probably more

regards HUSTLER

The buys were good size buys and the sells seemed quite small-maybe the mms short of stock and trying to panic the small holders! They're not having mine!
10--lovely! 20 better still!!

Hustler is right you know.

cheers GF.

Can somebody give NLR a bump start this morning!

NLR are now being used by Erste bank in Poland -- Nice!

Back on the rampage again.

cheers GF.

Seems they are short of shares and were trying to panic out the small holders. One very large buyer willing to pay a much higher price! good!

FLYING NOW

>> bones

Fibonacci fiddlesticks !!

he he, lol. Nice to see this one flying again.

cheers GF

Fantastic,i was wobbling when it touched 508 this morning..

I have a target price of 1180p by September results and if forecasts are being met then 1500p by end of year GF.

1000p will prove a major obstacle on the way imo.

Yup Dil, I thought some of these brokers were being mighty conservative with their estimates.

cheers GF. Now going for my favourite epic code PUB.

Whats with all the big sells put through at the end of the day ,,,anyone know..