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

Can't really complain about the present drop .... even Seb Coe had to have an off day now and then. Look at SBT too...... lazy buggers having 3 days rest ... it better perform really well now. No excuses.

On its way back now .... better get buying .... you KNOW where it's heading.

Certainly is getting better. Wont have to pay all those costs that those who sold today will have to pay if they want back in.

cheers GF.

Did you incur costs when you sold and bought back ?

I am similar position to you Dil, first bought around 2.50 and added on the way up, last bought at 3.40ish. I have been thinkng about selling an amount which leaves the remainder effectively free, just can't bring myself to do it yet. Can certainly understand your reasoning though, well done.

capa

My problem was Capa that my initial purchase was a lot more than I realised and only discovered this last month when I thought I had a black hole in my pension fund.

It was a nice suprise but meant that NLR made up a disproportionate percentage of my SIPP. Just happy to have held on the extra month after discovering my unfortunate error :-)

Edited

Edited

Steady boys let`s just make money not accusations.
Cheers.

An excelent finish to the day considering we were down for a good part of it. Looks like most of the market as been in the doldrums today.

cheers GF.

Hi gf
See a couple of posts from Bones
content has been edited, but from your reaction
it must have been quite cutting and personal.
Just ignore, as you say this board is full of friendly
characters with light hearted banter as well as constructive
views, thats the way we want it to stay.
Myself and many others respect your views and hard work
behind the scenes keep it up.
After all we,re only trying to make a Buck lets all
stick together.
All the best

HUSTLER

Thanks for that Hustler lets get on with business.

cheers GF.

Stop over reacting GF , only saw Bones first post and it was fair comment with no personal attack ... unlike earlier today when someone suggested I was bonkers !

GOLDFINGER WHATS YOUR VIEW FOR TOMORROW ABOUT THIS BEAUTY.ALSO FOR BFC IF YOU ARE IN,ANY COMMENTS ARE APRRECIATED.THANKS.

I love this share, added again on friday morning at 675p now sitting in Florida and making money while on holiday ,does nt get much better than that,actually it could as its raining here..JB

A180 all depends on the general markets at the moment. Should be better when we have got the interest rate decision out of the way on thursday lunch.


Daily Mail.
Mention is made by Geoff. Foster that yesterday's spike of .56p was due to 'vague take-over rumours'. An unlikely scenario at this stage I would have thought!

cheers GF.

Presently down but buys matching sells and it looks like another big volume day.

cheers GF.