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

Yup I agree there with you Dil, only downside I can actually see with these is if the likes of Elliot Spitzer or like in the US get up on there soapboxes and start preaching the evils of gambling. Mind itl be a long drawn out process if any of that goes on anyway. Thinking of adding myself.

cheers GF.

Another tip sheet backing this one.............

v positive write up in small company sharewatch today concluding "....share price could go through the roof.".....on a 2006 PE of just over 5 (based on 3.05 shareprice at time of writing)...

cheers GF.

Just had a few more.

Looks like we are heading for a new SP high, and they are still derd cheap, cant understand anyone wanting to sell these. Never seen a company which is so cash generative. Margins of 69% and revenues growing each day. Outstanding.

cheers GF.

What a roller coaster !! I daren't get off I might not catch it again. Would love to add when I can dig up some more cash--this could be my pot of gold! lovely day on the market today promises to be good week. cheers everyone!

LOVELY.

cheers GF.

it seems everybody is getting behind this one now
main tip from - momentum investor 25/9/04 views it as a possible multibagger
shares mag 25/11 - main tip
money week 3/12 - full page buy
small company sharewatch out last friday - says could go through the roof
main tip
momentum investor dec issue just out still bullish buy
if the expected news from the company is as good as all the tipsters
this one is about to fly.

regards HUSTLER.

Good post hustler.

cheers GF.

Lifted from another board..............................

Just got my SCSW today. Extremely positive article. A lot of emphasis is put on the Asian move which the article says will happen 'imminently':

'.....Neteller is expected to reveal the next stage of its expansion plans in the next few weeks, when it unveils a move into the Far East.'

'....when one billion Chinese wake up to Neteller in a few weeks, the share price could go through the roof.'

cheers GF.

That's it!! I shall never sleep tonight now! thanks GF

Anyone want a copy of the article leave your email address and I'll send it this evening.

Please send one to me -- dikytree@go4utils.co.uk

Please send one to me, thanks - dave.irwin@ntlworld.com

Sent.

News in from t1ps.com Evil Knievil as closed his short in NLR after only 2 weeks, confirmed aswell.

cheers GF.

Plenty of large buys for this one today and not much selling---looking good for 2005!

maybe closing on a new high today, which would be nice :-)

capa

Tempted to cash in but they show no sign of pulling back a bit like ACE--jump off and you get left behind!! Happy New Year everyone. MP

I'm in ACE too MP but I reckon you have just got to ride your winners. These have got a long way to go yet imo.

capa

I'm in too capa and agree , lot of mileage left in these.