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

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 ?

stockdog 350 - 450 is fair you say - its never going to be seen again
take a good look at your charts
their crap in this case get real, you think
you have missed the boat, no buy in the morning
to double your money this year, or show me
something in your charts or crystle ball to better it.

regards HUSTLER

I'm not sure I can satisfy all your needs (as also mine) to believe in the stock you hold. I guess there is a whole difference of psychological attitude between holding a stock which you intend to keep and viewing a stock that you are contemplating buying.

I know that I am in general a bad timer in terms of buying (and not a clue in terms of selling - who has?), I tend to rush in and pay a too high price on the back of good news. I am slowly learning a) patience, waiting for a reversal in the SP to buy on the dip and b) tolerance for not grabbing every passing stock. So I see NLR as a highly rated share with a sheer rise behind it and no established pattern of reversals followed by recovery. Knowing my luck (or is it my own judgement - we all try to externalise blame) any purchase by me will be swiftly followed by a sharp dip. I will have regrets.

On the other hand I bought ASC at a lower price and I "own" the sheer rise already, so I have a large safety net of profit to cover any further decline, before the re-continued rise towards 100-120p (IMHO) by end of 2005.

Also, I guess I know (or have confidence, or think, or pretend I think I know I have confidence in - more mind-tricks) ASC than NLR.

Besides, I don't "need" NLR with its likely doubling of SP. Thanks to all your wonderful enthusiams and informative posts (and one or two thoughts of my own which I have tried to repay to you - see PSG and FDC, now FAO threads) I am in a very happy and exciting selection of penny stocks a number of which may do rather better than doubling. COH, SEO, NML, KMR were all suggested or reinforced to me by your informed comments.

In summary - perceived risk versus perceived reward is tending to the negative on NLR for me and my dreams. I am equally sure it remains positive for all you guys. When we all look back in 12 months time, we will all re-write history in our own ways. That (as someone on one of the threads recently said) is why there is a market - a whole bunch of differing value views to play with.

What is interesting is that the stock market is not a zero sum game - one where if you win on the SP, someone else must have lost an equal amount. The real excitement is that all those committed entrepreneurs (that we discuss in such cold, all-knowing terms on the boards) who run the companies we invest in actually make something of value which the world wants to buy. So it's really a game of transferring consumer (or other end user) money into shareholdervalue, without being allowed to touch the controls - we can't even give instructions to the pilot, how scary is that!

Good luck everyone.

SD

My target is 600p by the end of the week...

Ill go for that !!

Off to a flier this morning :)

Bit suprised because the news is carrying story about restrictions on gambling this morning. Granted the legislation doesn't appear to be entirely relevant to NLR, but I thought that this negative news would have an dampening effect on sector performance. Maybe this will factor itself in later today ... hope not!

Onwards and upwards.

Cheers.
Stuart

Cheers SD , good post.

Ride that pony!

SD

314. Excellent post. I think the smart money is already in.

MS

Dil, back in for a few at 568p. New highs will do for me but there is now a floor in place for the stop loss at 508p.

stockdog

First, we are all on a learning curve. Understand your comments - been there, done that, got the teashirt (BTDTGTTS)! However, beyond reasonable doubt, you are absolutely wrong. My three main CFDs are SEO, NLR and ASC so I am with you in being convinced that ASC are over-sold, or rather over-deramped. But compare NLR and SEO. The only real difference in their graphs is that SEO are recovering lost ground, but that is from a previous incarnation. SEO have an upgraded forecast of 20p (present price rising 15p). NLR have a forecast upgraded to 12 (or os it 11 - does it matter?) by Durlacher and are approaching 6. I have used part of the margin generated by SEO CFDs to significantly increase holding in NLR. Only difference is that I have put stop loss of 5 on NLR when I wouldn't even bother to do it with SEO - but I accept that that is primarily because I know SEO that much better. I love them like Ellen loves B & Q (the Moby version).

Eric

Come on now gentlemen, lets stop talking silly about the chart of this one and ranges. I would have thought it was pretty clear that this one is a law unto itself and that the MMs have been dictating the price for the last 2 months.

Seems to me a lot of you have forgotten the different growth
areas this one is in and heading for besides gambling,

person to person money transfer market,
online banking
car auction sites
online travel
online stockbroking
online banking
online insurance and loans

cheers GF.

Welcome back Bones , good luck.