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

Welcome back Bones , good luck.

gf

Good post. Only point I disagree with is that the MMs have been dictating market. Its been a classical situation of more buyers continuously in the market than sellers; presumably not holding much stock the only way the MMs can react is by putting the price up. When does it stop? Needn't necessarily do so this side of the horizon (mine is a couple of months!)

Eric

Eric

What can I say.

My little essay above was really no more than an illustration of how sentiment plays such a large part in our (well, my) decision-making. Now you're being all hard technical analysis. Where's your feminine side - all at sea by the looks of it with the lovely Eleanor.

You're right, but I need to go and get some lunch without feeling too sick to eat it worrying about NLR - no it wouldn't be that bad, but a little bit of that. Also the regret of not having got in earlier would be constantly reminded. Such conflict!

I am looking for SEO to go to 50p (Dynamite is my Delphic oracle here!) which is 6+ times my average buying price with little down side at current price. Whereas, NLR going to 11 is about twice the price, but my instinct tells me with consideable potential downside.

Also there is a lot of me that's really proud to be associated with what SEO are doing and a bit of me that is embarrassed to be making money the way NLR do (mind you, I'm in DFD as it happens, but they do have a "best advice" policy for a regrettably needed service). Pure sentiment, I here you all growl. Dynamite do you ever growl?

I'll buy if (when?) NLR reverses to the 350-450 range (fat chance you say, but - talking of Eleanor (what a great woman, but a bit difficult to live with, wouldn't you think?) - stranger things have happened at sea). I suppose it's what Eleanor would call buying on the dips, or troughs, she would probably call them technically.

Life is seo great today isn't it.

I know nothing.

SD

Goldfinger, with respect, you are a seasoned promoter of shares on bulletin boards. How many times over the years have I heard a promoter say "this one is different"?

I agree about the potential for the share price of NLR but I will always preserve my capital using TA. Potential does not always translate into performance. While it's going up, it's all fine and dandy, everyone's your friend and fellow expert. It's when a share price goes down and down that I want to know when to sell. I don't want to have to come on here and say "Mr Goldfinger, when is it going up again? Should I sell?" No thank you sir!

My target was for 600p by the end of the week.. a bit on the pessimistic side I think..!

Bones Im a big TA fan and have used several differing concepts of the art over the 20 years I have been trading and investing. Those that just ignore it are ignorant in my opinion, but if you check back through this thread there isnt one correct call on the TA of this company (yours included the other day). Not one correct call.

Some companys every now and again (not very often) have run away potential and there isnt a TA expert on this planet who can predict the future price of the share. This company with its fingers in so many pies is one of those companys.

cheers GF. By the way bones I tell people when I am selling, please check out the GMC thread and see what I said warning holders (when others around where telling everyone to buy) the other day to sell up and take profits based on experience and nothing else.

cheers GF.

I agree, a lot of fuss being written about charts etc. A trailing (rolling) stop loss of say 20% makes sense (or two, one for a 10% - sell half, and one for 20% sell the other half). If I take a 20% hit, I still walk away with over 100% gain.

In the mean time don't try to call the top (because no one can) - just sit tight and ride that pony!!

rgrds
gk

stockdog

A fun post! Mind, I see you have 'senior moments' like me, probably before their time! Ellen has become Eleanor; probably been romanticising or something worse. She is a fun girl, though, and what a role model! As for feminine sides, discovered my feminine sub-personality, Jung's anima, in guided meditation. Called her Erica and made the mistake of introducing her to my wife - ever since she says: why can't Erica do the supper? had to banish her: Erica that is not my wife! As for sentiment preferring SEO to NTR, can understand that. However, wonder what role sentiment has. Suspect trading, even investment cum trading, has less to do with the company and more to do with trading shares for profit. Just because the money is associated with gambling, doesn't have any effect on the money which I perceive as a neutral commodity. Go on, be a dog, and buy some stock!

Eric

Thanks for your comments Goldfinger. I appreciate it.

My comment the other day about a Fibonacci retracement was not a prediction (as you seem to imply) but a way of identifying an area for a stop loss. Anyone who lived through 2000/01 would be stupid not to set one. I said it would not be a negative sign to see such a retrace but a healthy one (I suppose a retrace to 508p was fairly significant but it didn't hang about much to consolidate so plenty of hot money is still in this stock).

Anyway, as gallick says, let's see this pony gallop!

BOnes

I would be comfortable with a canter which would help it to go the distance! Plus a decanter of my favourite Pinot Noir of course.

Eric

Bones

I am really hoping your Fibonacci retracement comes to pass, then we'll all be right - Goldfinger for being a fan of TA, you for having mentioned it, me for being able to buy NLR, Eric for thinking he persuaded me.

If old Fib can do all this with one simple retracement, just think what Fermat could have done if he hadn't lost it on margin.

SD

lol

ROFL!

Some action at the end of the day again.

A line of 400 K sale went through before close and 300K in the auction. Interesting to see how things open tomorrow.

rgrds
gk

Finished on a high again though..

Prelim results to year end - Dec 04
due out 5th April
hope the frenzy keeps going
until then.
If forward forcasts are as good as being rumoured,
when rerated and per drops
this is when it could realy take off.

regards HUSTLER

HUSTLER

The old adage says 'buy on rumours', sell on fact. It may be that the rise peters out before the results. It will then depend whether there is anything new in that statement. With Durlacher happy to project away, there may not be. This is not negative comment; rather that a rise at this rate must run its course some time, momentum must slow and that is the time for some profit taking. I must say, though, its one to leave some funds in longer term.

Eric

Buying or selling a week or so either side of results is always a lottery imo.

Reading another NLR board where they are discussing -

1. The Channel 4 news feature that will "get MMs pumping up the volume before the market opens". Anyone know what the channel 4 news feature was and why they believe that the MM will increase the volume?

2. The 400K trade at the end of the day, "Means someone has 400k on a t10/20 and has decided to roll it over (not pay for the stock) for another 20 days. Would indicate confidence that the stock is going to go in the right direction over the short term." Any comments on this comment?? I have to admit to ignorance on how you can find out this detail of information but I only have limited access to trade information.

Think I'll have another beer and consider the charts and the above posts - not sure that the momentum will carry until April but without a doubt, I want to remain in at a certain level for the longer term.

Cheers,
Stuart