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 think possibly 700 Stuart, Im a bit disappointed with MMG ,, i thought it would hit a high tonight..

700p is a certainty perhaps by Friday...MMG yes a bit disappointing but should be some press coverage tomorrow..

JB, I must admit to being hopefull of 700 but there must be resistance at some point in the near future - surely.

Hope not though :)

Cheers.

PS. Hoping as GF indicated on the board that the news from todays meetings comes through for MMG tomorrow and the sp starts upwards again.

Yes me too ,I was hoping MMG would sail up to 150..As for NLR i think the run must be over every day,but then it starts all over again..
Im usually impatient ,but im staying with NLR all the way..Jb

NICE.

cheers GF.

Lots of sells this morning,,is this a slight pullback,??

Certainly under pressure with sells flying through.

cheers GF.

... and relax.

Buyers coming back.

And here comes the usual turnaround..Jb

Sold 3 of my tranches, have 4 left now. Looks like its stabalising and buyers coming back in.

cheers GF.

Down,,up,,down again,, a small pullback,?? anyone got any comments as to why ??

The whole market is hedgy awaiting Greenspans comments this evening and tomorrow evening in the US. Hes a miserable so and so and as per usual I can see him putting his foot in it and the markets falling back again.

cheers GF. Ps, ive been profit taking myself and selling tranches in quite a few stocks, a profits not a profit until it is trousered.

If NLR drops 10% I'll bite their hands off for them!!!!!!!!!!!!!!

NETELLER was clearly a buy based on 2006 earnings of 54p (Sharescope)
Are there any similar shares out there like Venture Production whos 2006 earnings have been upgraded to 94p curent price to buy 265p
if you know of any pse post on this thread.
Note
I have recently sold NETELLER and bougtht VENTURE PRODUCTION
best regards

I think it's a shakeout as the sells are small holders but still some large buys coming in. They opened down for no reason I could tell so I guess they want some shares! I'm holding on.

There are significant buys coming in now; T's and M's. Somebody out there trying to build a stake?

No big deal,it had to slow down at some point,i bet its right back by week end..Its been slow with all mine today.. Any views out there...Thanks Jb ..

stockdog and pension haveing a private chinwag together which we are not privy to! Like GD, closed one of 3 positions today - just precautionary as there is no chart history to go at this level. Felt it could come back further on profit-taking (like SEO) - but don't expect it to; just taking a breather before the next gallop.

Eric