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

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..

I noted the big sell off to jimmy
quite a few 50 - 100OOO sell trades late on
but still finished the day 37 spots up
on a new high 5.60 bid
it seems nothing can hold it back 10 all the
way and far beyond

regards HUSTLER

My own amateur analysis of the chart is that the main historical trend channel before lift off in mid Jan will cut today's date at 350-450 bottom and top respectively. Extrapolate this out as far as you like - at some point if the SP comes back within this range it will be a fair value buying opportunity. If not, good luck to all you who got in early - I missed it. Buying now is probably more sentiment than analysis IMHO.

stockdog

But why a linear trend. The chart to me looks exponential - it would be interesting as to how an exponential trend line would fit! Mind that can only last so long! lol!

Eric

Good luck but if it gets that low then as far as I'm concerned there is something wrong.

Also 350p-450p is one heck of a range , have you considered drawing a new channel to take account of the overall trend to date and buying at the bottom of that channel ?

Lastly , have you considered the fact that the technicals may now be catching up with the fundamentals and rather than missing an opportunity you are staring one in the face IMO.

Good luck but to me your amateur analysis looks flawed.

Best regards.

We all have our own way of justifying not taking the plunge!

Its never too late with a stop loss , let the trend be your friend.

Good luck whatever you decide.

Well whatever im staying in for the full ride,,Thanks Jb....

One point stockdog , can't reconcile your analysis of ASC with that of NLR. Happy to hold ASC which on a technical basis has broken trend etc but not ready to take the plunge on a company thats trend line is steepening.

Can you explain ?