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 saw ch 4 news it was about on line poker,and the amount of money being spent gambling in the uk ,how its increased ,etc,Jb

A question, I am away to spain for 8 weeks should I take profits or hang on??

Im off to Florida soon and im not selling , i just ring in for a price every day..Jb

Seadog, give me 8 weeks to think about it :-)


capa

SEADOG - I have a solution - Let me go to Spain for 8 weeks whilst you stay and watch the price !!
Baza

JB, capa, Baza,
Thanks all, I just needed a smile for today and you have done it, its hissing with rain here in Wales and bloody gloomy.

Well Surrey is Gloomy - but no rain - yet
Baza

Raining in London..and its hard to tell if its day or night...

Sunny in Edinburgh.

Lets all start a Met thread!!!!!!!!!!

What part of Wales Seadog ?

Always peeing down up here in Ebbooo and today is no different.

Sod the rain ,holding NLR for the last month has kept a smile on my face..
I thought it would hit 600 by friday not so sure now.

Dil
Newton, Mumbles. Used to be a Dock Pilot in Newport and live in Croesyceiliog, Cwmbran so Ebboooo is familiar, Price is sticking a little this morning.

A pilot on the pilot boats ? Mates father was one and we often went out on them in the summer as Newport , Cardiff and Barry boats were all based at Barry where I was brought up.

Oh happy days.

Dil
Not a Channel pilot a dock pilot , pure ship handling and a joy.

Just ticked up.........a penny making it 5 points up so far. Come on get buying.


cheers Gf.

Are they now paying 10% tax with this one?????????????????????????. Next year nil?. Forgotten the time frame.

cheers GF.

The boards gone a bit quite on this one. Come on Dil give us your targets again.

cheers GF.

Here's a post from another BB providing a summary of the channel 4 news feature from last night.

"Channel 4 piece was interesting.

Mentioned the following:
- Boom in online gambling (up 566% over 2 (I think) year period), a lot of which is poker
- Feverish excitement about the proposed flotation of Party Poker, the biggest poker site with 5 million customers
- Excellent performance of shares in online gambling companies
- The almost risk-free model of poker compared to normal betting
- The huge rise in female gamblers/poker players online (account for 40% or 50% I think they said)
- Suburban poker clubs springing up all over the place

At the end of the piece they talked about the gambling bill, and they interviewed the government minister in charge of it all. He claimed that a key advantage of the bill would be that it would help people feel safer when doing transactions online. That was a wholly unconvincing argument. C4 suggested that the UK would have to offer extremely appealing tax breaks to entice existing offshore companies to the UK. The minister didn't deal with that very well, and the fact that bill was essentially a tax generation scheme seemed to become patently clear!

I have to admit, I fail to see how the likes of Sporting Bet could be persuaded to relocate from the Isle of Man to the UK only to have to pay more tax... So, failure of the bill would seem fairly likely?"

Cheers,
Stuart

Hi.

First visit to moneyam for 10 months, 1st trade for 12 months.

Long NLR T25 at 5.815p from early pm today.