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

did the band sound the last post and chorus ?
did they pipe the flowers of the forest ?

one of my favourites dikytree

capa

Interesting posts. So here is the problem. Having made a nice profit on these and about to go on holiday for a week do I sell and bank the profits or is this correction over and I should just sit and wait for the longer term upward trend return? I am tempted to sell and buy back in later, hopefully at a lower price. Common sense tells me that with a spread of only just over 1% the only danger with tactic is a sudden increase in sp.

Any thoughts welcome

B2B

I try to make an habit of selling everytime Evil and his army move in on a company. These are not the same circumstances that prevailed when he first attacked it. He was onto a loser then.

You really have to make your own mind up.

cheers GF.

GF, where would one find information on 'Evil' and his intentions
cheers

hampi-man - Try here

http://https://www.t1ps.com

Lol GF , yours is one of the biggest about turns in 2 days that I have ever witnessed !

Must be the way you tell em.

I'm out. Trying not to stay too attached. But I shall be back in soon.

It's just like printing money for Evil. Just has to mention a company these days and the SP changes -- which way depending on his position.

Hi HM, he gives an updat mon, wed, and fri on his buys and sells on the T1ps.com site.

cheers GF.

He gets plenty wrong just like the rest of us but he doesn't choose to publicise those as much.

Any mate of Tom Winnifrith can't be that bright.

Dil still posting here, funny he said yesterday morning he wouldnt be back on this thread until results.

Well thats Dil for you all promises and no action, bet hes lost a packet on those alleged shares he bought back the other day, but then again did he buy them back? especially after telling all and sundry how he had to sell them in the first place to balance his pension fund.

Glad hes still on squelch, tends to have a sharp temper must be blood pressure, they say garlick tablets help.

"oh if your Irish come into the parlour if your Irish so and so"

"in those street broad and narrow I wheeled my wheel barrow singing cockles and muscles alive alive ho"



cheers GF.

What a pathetic news item just look at this.....................

UK smallcap opening - NETeller hit by competition threat
AFX


LONDON (AFX) - NETeller shares were once again hit by bear raiders. Down 22-1/2 pence yesterday, the shares slid 16 more to 657-1/2 amid mounting fears that the group is bound to encounter intense competition in the coming years. NETeller operates an e-wallet that funnels money from online gamblers to betting and casino sites.



fjb/vjt/

Does Evil K own this AFX news. Irresponsible reporting springs to mind. Just who is this competition then?????????????????????????????????????????????.

PATHETIC.

cheers GF.

GF, when you say its not the same as Evil's first attack, do you think he can do alot of damage to the share price this time?

Most certainly, especially with the aid of news items like that above, lets face it thats all we need. If the results are good though and I expect them to be it will lower the forward P/E and the shares will be cheaper. He may be moved out then, but he is in general a very stubborn long termer.

cheers GF. NB, id like to know who the competition is going to be, we touched on that here yesterday.

Thanks GF

Keep taking the pills GF , agree with what you say about the news item ... its a plant by EK , he and others do it all the time.

First sensible thing you said in a long while.

Taking a broader view, NETeller
has taken a 14% hit after a massive rise, more than double
in last 3 months. The sp movement tracks others such as
Sportingbet who it is closely linked and they have been hit
by over 20% recently again after massive increases.
With the general market in no mans land at present it could be
concidered only natural profit taking will take place.
As for news there is no indication of any problems with either
company infact, overall massive support is being given.
My view for what it is worth is that if Evil is shorting he had better
be quick as the move up again is not far away and we have seen
before how fast that can happen.Remember he has been wrong before.
Results due on 4th april should clear the way for the next
move up.However i do agree when you see pound notes going down
the drain it becomes unnerving and easy to forget the quick
gains that have been made. You have to do what is comfortable
for yourself but at these lower levels concidering longer term
forcasts are far in excess of current levels America is going to
crawl all over these when presentations and results are out of the way.

regards HUSTLER

cheers for the info PM, GF

That news is pathetic, it really is, its not news as it contains no fact... This is a bit like modern papers that dont write the news no more they create it...

I got out at 662p. I don't think I'll be out long though, but you can't buck the market and I'd rather watch from the sidelines for a while. The trouble is that the bounce could be quite fast and I may miss some of it.

rgrds
gk