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

Whoops! Sorry, hit POST instead of BACK again - must see my GP about my nerves.

SD

stockdog
get a grip of your nerves, large scotch
or several normally does the trick.
look at the constant gainers over last 5 days
only 11 have managed to gain over 10%
out of over 4000 companies
look back at neteller form over the last month
speaks for itself just taking a breather at present
news is not far away then should go into overdrive again

regards HUSTLER

Well said Hustler,I agree..Jb

Am now home safely wrapped round large coup de rouge (not really a whisky type) fingers feeling more secure on the keyboard already.

Probably just shaking with rage I didn't get into NLR earlier. Keep waiting for it to come back to my range (anywhere below 475 - what! I hear you scoff, not in my life time). Well, I'd only need it to come back that far for say 1/2 hour, then it could go right back up again - honest. Just arrange a day and a slot and I'll be there to buy in. That, I am sure, would cure my shakes almost permanently.

woof woof

SD

475 go and wash your mouth out with soap ..Surely its not too late now Stockdog,,get in on one of these dips..

SD stop talking silly. Have you not noticed the whole market is down on SPANS comments to the Yanks. Perhaphs you should get in now or tomorrow at the bottom and less silly talk.

Love to have you aboard.

cheers GF.

jimmy
if sd does'nt want to buy cheap at 6.00 +
to double his money must have some powerhouses
we don't know about wish he would tell us who they are
anyway not our problem

regards HUSTLER

Ditto.

cheers GF.

Either that or he`s extremely rich and just does`nt care anymore..Jb

The commonest reason why people don't care any more is that they are too poor to get off the floor.

Me, I struggle along in the middle, aspiring to the higher planes, but also looking for a soft landing down below if needed.

I wish you all lots of luck with NLR. I am sure it will double and more. The other powerhousees, I see most of you on anyway, ASC, SEO, KMR, FOGL, COH etc. I just don't have enough love (read dosh) to go round.

LOL

SD

Where monday then???????????????????????.

cheers GF.

Turn around and back up i hope JB...

This should put some more petrol in the tank........................

Massive Online Poker Centre stage article in this weeks Barrons Financial Magazine.Focuses on market size of Poker, SBTG and NLR.All positive news, and with their circulation, this will go straight to the heart of hundreds of thousands of American investors.
Tuesday will be an interesting day.

cheers GF.

Interesting Goldfinger its looking a lot more positive today as well ..JB

good find gf
america come on board
and join in it's not to late

regards HUSTLER

Buyers coming back in in numbers, just added at 611p. Looks like we might have hit the bottom.

cheers GF.

Massive Online Poker Centre stage article in this weeks Barrons Financial Magazine.Focuses on market size of Poker, SBTG and NLR.All positive news, and with their circulation, this will go straight to the heart of hundreds of thousands of American investors.
Tuesday will be an interesting day.


LOOKING FORWARD TO GETTING THE FULL TRANSCRIPT, anyone any ideas?????????.

cheers GF. PS, just look at the buy trades coming in now, superb.

Just ticked up again.

cheers GF.

There we are, anyone a subscriber?....................


MONDAY, FEBRUARY 21, 2005


BARRON'S COVER Week of February 21
Hold 'Em! by Andrew Bary


Online poker has become a $2 billion business, despite its dubious legal status in the U.S. A look at the game, the players and the investment potential.

cheers GF.

Here we are guys weve got it from Barrons...........................

Here you go (Neteller extract only due to length):

Americans have fallen in love with poker -- around the kitchen table, on television and now, inevitably, on the Internet. Fueled by the public's newfound fascination and the success of televised tournaments like the World Series of Poker, online poker has become one of the biggest, hottest, most lucrative games in the global gaming business.

PayPal and Western Union, two big payments companies, don't do business with Internet gambling sites. Neither will American Express or other U.S. credit-card issuers.

Not surprisingly, other companies have arisen to fill the void. NETeller, which is based in the Isle of Man, a tax haven located in the Irish Sea, has seen its shares triple to 600 pence on the London Stock Exchange since it went public last April at 200 pence, giving it market capitalization of 750 million, or $1.4 billion. The company gets an estimated 80% of its revenues from Internet gambling, and acts as a third-party intermediary linking the bank accounts of American players with offshore gambling sites. Once online gamblers have an account at NETeller, they can transfer money from their banks to any Web site that accepts NETeller transfers.

Gordon Herman, NETeller's CEO, says he aims to build "a worldwide money-transfer company," which currently has more than 1.2 million accounts. NETeller profits from a 3% fee charged to Internet gambling companies when funds are transferred from NETeller account holders into the gaming firm's bank account.

Moving money overseas can be cumbersome because it typically takes two to four days for funds to clear. NETeller offers instant availability of funds for an 8.9% fee, and a debit card that allows customers to gain quick access to their funds.

If NETeller can achieve its goals, its stock may continue to rise. Its share now are valued at a rich 43 times estimated earnings of $32 million for 2004, but the price/earnings ratio falls to 20 based on projected after-tax profits of $70 million for 2005. Herman deems the $70 million estimate from a British analyst to be "pretty conservative."

"NETeller has a nice business model," says Boyko of PokerPulse. "Every time people move money around, they win." Boyko notes that poker sites are becoming increasingly aggressive in marketing themselves, offering cash bonuses to new players and rewarding existing players whose friends join.

Sportingbet's Payne acknowledges the payments aspect of online poker is "cumbersome" when Americans are involved. "I could write a book on it," he quips.

It's a measure of the popularity of online poker, however, that Americans are finding their way to the Websites largely through word-of-mouth, and engaging in convoluted financial transactions to play. Given the entertainment value of online poker and the money-making opportunities for skilled players, it's a good bet that the current boom won't end any time soon.

cheers GF.