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

Gets a mention in TechInvest...............

"Final results are due April 5. Hold tight for these.The shares are up 151% since our New Buy tip in October."

Yes they were telling investors 2 months ago there was nothing wrong in taking some profits off the table.Kind of indicates to me that their stance has changed now and they are even more bullish than ever - lets hope so.

cheers GF.

Neteller was recommended in Money Week along with Sportingbet and a Candian company Cryptologic as the best plays on Internet Poker.

cheers GF.

Really motoring now, up 38p but still very cheap on a forward P/E of 11.5.

cheers GF.

Up 40p now really rocking on.

cheers GF.

GF, last month you had a thread for "Feb" tips which was really useful - have you any thoughts for March?

Thanks for all the great info & superb postings!

GJ, my share for March as to be Hamworthy, theres so much positive news in its industry and people are hoping for a RNS for contract news any time now. Its a bit slow at the moment but just watch it motor.

Back to NLR, 8quid not far off now. Looks like Dils 11 quid could be hit a lot faster than thought.

cheers GF.

Up over 50p on the day now.

cheers GF.

A superb day and far more to come. Forward P/E now around 12 according to Broker Durlacher figures, so its still very cheap and other potential acquisitions will move the earnings per share north so that the P/E drops even further.

If your not in, theres still plenty of time to get in.

cheers GF.

ARE YOU SURE BECAUSE I AM THINKING OF JUMPING IN TOMORROW.THANKS FOR THE INFO ANYWAY.

I think the smart money is already in.

MS

And adding.

Like I said earlier, A superb day and far more to come. Forward P/E now around 12 according to Broker Durlacher figures, so its still very cheap and other potential acquisitions will move the earnings per share north so that the P/E drops even further.

If your not in, theres still plenty of time to get in. Of course along the way there will be down days, thats the nature of markets, but the trend is upwards.

cheers GF.

Hoping the Up rise on the NAZ keeps the forward momentum going tomorrow, should do.

cheers GF.

Astonishingly NLR has now entered the top 200 UK listed companies by market cap (198th). Already a lot of tracker funds must be picking up shares in NLR. Roll on the FTSE-100!!

rgrds
gk

Don't forget the Yanks gallick, still to pile in big style
Nets cap is close to 900 million
household names in the lower FT 100 include
William Hill 2.26m
Brit Air 2.95m
could - sorry - will see NETeller alongside these
in the not to distant future and still an Aim stock (wow.)
Not for much longer, big league here we come.

regards HUSTLER

Thats an amazing fact Gallick, well done for digging that out as it provides for plenty of amo and discussion around the various B/Boards. And yes Hustler after the results on the 4th of April NLR will be visiting US investors. One step at a time. Were going up and thats for sure. We will have bad days but anyone selling is bonkers on the volumes we are seeing now.

cheers GF.

Agreed gf not going to be all straight lines,
but take the bends out of the rope and
i think the end we're holding is going to be
a lot higher from when we first got a grip of it
all the best

HUSTLER

Of course there are FTSE 250 tracker funds. What does it take for NLR to join the FTSE? .

cheers GF.

Depends on the management gf they may
wish to stay on aim as rules are less stringent,
however if they are going to be a real player
as it would seem they are, it's only a matter of time
before they have to show thier hand.

regards HUSTLER

Already on the up with some nice early volume.

cheers GF.