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

keep the good news coming
and the sp will respond
long way to go yet

regards HUSTLER

Great quote Goldfinger. Its good that NLR has paused for breath even if just for two or three days because it establishes a support level. I suspect that Herman is so bullish he doesn't see the need for such things but we ordinary mortal punters do feel that little bit more comfortable with something in place. Anyway, have topped up at 600p on Friday and 611p today, ready for the next ascent!

Eric

the market rising is your friend
but the best stocks will find thier own level
neteller is a winner a lot more to come

regards HUSTLER

I think Hustler was dreaming last night, woke up with a poem in his mind, sleep-walked to the computer and recorded it for posterity, then returned to bed with this vision of money encircling the globe, dropping off bits as it went into a neteller dragnet. Happy nights preceding happy days!

Eric

We need the Asian news on this one to pull itself away from the base it as formed. Come on management lets here something.

cheers GF.

Yes i agree,,am i right in saying that results are due out in April,if so it should be back on track...

Bring them on.

cheers GF.

What a rotten day yesterday surely it cant get any worse.................



cheers GF, can it?.

Hi GF
It would seem so

HELP.

gf.

Just out from Killik brokers....................

Sentiment in the near term appears to have turned with active profit taking in the second liners after a terrific run to the start of the year. How far things will come back is the obvious key question but so far, it does not appear as if too much stock is coming out and this feels more like a healthy correction rather than something more significant.

cheers GF.

Never have quite understood the term "healthy correction". Healthy if you are shorting perhaps, or perhaps because when you make losses it may dampen future greed. I certainly do not feel more healthy when the screen goes red.

rgrds
gk

gf

The only answer is to open another bottle of Rioja this evening. The eyes then look red but all they see is blue!

EWR

LOL, nice one eric. Ill use that one. By the way forgot to thankyou for your excelent post on CFDS the other day, many thanks.

cheers GF.

Rioja definitely. Currently working my way through a case of La Cante 1996. Never liked Blue Nun.

el perro

SD Do dogs make the same woof sound in Spanish? Aren't blue nuns more upwardly mobile than red ones? Eric

No in Spanish it is "wooth" .

Blue nuns rise above it. Rioja's roll down below. But I always liked the theory of paradoxical intent.

EP

Being from up North I prefer a pint of Stella or two.

cheers GF.

I've been known to go stellar

Sirius

Sold two tranhes of this stock this morning still have two left. Volumme as just dissapeared on the stock over the last week or so.

cheers GF.