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

There we go gf , nothing to worry about , fiver by Easter :-)

good to see closing near high today 345 bid
needs to break resistance at 350 to go higher
news should arrive shortly on xmas trading
this should be the spark to drive it up conciderably

regards HUSTLER

Superb.

cheers GF.

Posted by laf on ADVFN


From Independent today:

NETeller on winner

Don't think the rise in the share price of NETeller is over. The company operates an e-wallet which funnels money from online gamblers to betting and casino sites. The company takes over the risky and expensive business of verifying users' identities and checking for credit card fraud - so the gambling sites are happy to accept cash from NETeller accounts, and pay a percentage fee to do so.

The stock has soared from its 200p placing price to 338.5p on Friday, in large part thanks to getting the Financial Services Authority stamp of approval to operate in the UK and expand in Europe. Its next step is into Asia, where it must sign a tie-up with a local bank, probably initially in China. Because the cost of the business is so low, it can simply sit back and cream off cash from an ever-increasing number of customers, and is forecast to double earnings this year, even without an Asian deal.

Also a SCSW Nap of 2005

Thanks Dil-I'm still holding and looking forward to an exciting year!

sharewatch recieved today quoting NETeller a nap for 2005
current forcasts to year end 31 dec 04 - ptp 29m
increasing to year end 2005 to - ptp 40m with a per of 12 cheap
although results not due until march sharewatch states
house broker durlacher is expecting turnover to balloon in 2006
to over 200m with expected ptp in excess of 100m and a per of just 5.9
how cheap is that
if all the indicators are correct this is a monster in the making
hold on tight for the ride.
a per in excess of 25 would still be low for a company growing at
this rate and would push the sp way above 10

regards HUSTLER

Said it was hustler months ago. Cash cows like this are very rare indeed and any one not in now is losing a massive opportunity.

cheers gf.

hi gf
if i was a betting man at an aution in a year or so's time
i would expect it to start the bidding above 10
and be sold a lot higher
roll on the expected news

HUSTLER

ps no mention of a dividend yet to add to the equation
or asia

Its got to reach 500p for a start..

Up she goes again.

cheers GF.

From Killik morning notes...............

NEWS IN BRIEF



Neteller, featured in our recent copy of the Monthly View, look set to move to new highs this morning. No news out as such, but positive comment surrounding the growth in internet shopping over Christmas, thought to be up 20%, is good news for this leading on line payment system. The shares trade up 30% against the placing price of 280p last year when certain vendors were freed to sell stock due to institutional demand.

chers GF.

Other holdings not doing so well today, so nice to see NLR stretching its arms upwards to 4.00.

capa

Good day Capa, hoping for more.

cheers GF.

Should be aboutto spike up, buys far higher than sells.

cheers GF.

Just moved up.

cheers GF.

It definitely wants to go, doesn't it :-)

capa

Its moving on up now capa.

cheers GF.

Here we go , close at a new high would be nice.

Moving up nicely now Dil not long before your conservative target of a hundred quid. LOL.

cheers GF.

I've cleared one of my positions so got some cash to invest. Want to get on board but not sure when. After rises over the last few days, will this level off.

MS