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

News In this weekend.....................


Sat 15:20 Tipster Upgrade.

Fleet Street Newsletter a tipsheet first recommended NLR at the end of October 2004 with a target of 500p.
When it reached the target earlier this year it upgraded to 750p and remained bullish.

Today it has upgraded to 10 suggesting investors should not be spooked by profit taking on April 5th but hang in for the expected influx of US institutional investors later with the new target in mind.

This pretty much seems to sum up what others have said here recently. ENDS

cheers GF.

News In this weekend.....................


Sat 15:20 Tipster Upgrade.

Fleet Street Newsletter a tipsheet first recommended NLR at the end of October 2004 with a target of 500p.
When it reached the target earlier this year it upgraded to 750p and remained bullish.

Today it has upgraded to 10 suggesting investors should not be spooked by profit taking on April 5th but hang in for the expected influx of US institutional investors later with the new target in mind.

This pretty much seems to sum up what others have said here recently. ENDS

cheers GF.

Added another tranche, might aswell down 18p. Talk of 10 quid per share come the Yank presentations after the 4th of April results.

cheers GF.

Agree, take advantage GF
slow day all round
patience until results, and US presentation
then move towards 10 as next target
all the best

HUSTLER

Buyers coming back in now. If one is to beleive the buys and sells here on money am, buys are way ahead of sells. Have the MMs a big buy order they have to fill?, looks like their present tactics arent working.

cheers GF.

Well the NAZ was up in the US.

cheers GF.

Must be a big Buyer awaiting in the wings. Second day buyers outnumber sellers and yesterday it was 2 to 1. Maybe an RNS out soon. Fidelity could be upping their stake. Anyway going to add on the weakness as this is nothing other than MM manipulation..

cheers GF.

Added again, if they are going to give them away I might aswell take the offer up.

cheers GF.

Whats going on here .just switched on ,MM S playing games ?
No reason for this drop, can someone tell me when the resuts are out,early April i think??

April4th Jimmy. Yup MM games, looks like we have a large buyer wanting stock.

cheers GF. Im holding firm and have added this morning.

I think thats rubbish gf , its just a normal pull back , I don't subscribe to these "mm games" and "large buyer" theories.

Im waiting for Dil's 11 quid and maybe more, the MM'S are not having mine!!

I think you are right GF. I was just quoted a sell price about 3 points above the midprice. Why are they offering such favourable terms to sellers - because they are desperately trying to mop up stock for a buyer IMHO. The bounce should come soon.

rgrds
gk

A normal pull back for what reason then Dil?. Yesterday buys were twice that of sells on very large volume. Today buys are more than sells, there is no logical reason for a pull back, the MMs are fighting to get stock and losing its as simple as that.

cheers GF.

So going on that theory gallick , once the buyer is filled then it will fall like a stone as there is no one to bid the price up ... twaddle imo.

If thats the case Dil, then explain why there are roughly the same volume of buys and sells ,but the price goes down ??

Because share prices neither go up or down in a straight line gallick.

Probably because a lot of them have been interpreted wrongly , it happens all the time jimmy.

Everytime BPRG fell people screamed "mm manipulation" or "large buy being filled" .... crap imo.

Just accept it for what it is , a healthy bout of profit taking. We have had them before and will have them again.

Don't agree Dil. When a large buyer comes in, they will tell the MM's what price they are prepared to pay. If the MM's are going to fill that order which they are desparate to do, they have to mark down prices,shake the tree and pick up stock cheaply. Short term manipulation goes on all the time. When the large buy order is filled the price will shoot up and other buyers will follow in behind. Anyway lets let the market decide, and see what happens in the next couple of days - I reckon a sharp bounce - what about you?

rgrds
gk

.... and does anyone ever claim "big seller in the wings" when the price rises ????