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

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

I bought and sold these every time there's a bounce but got caught this time flying to the US ,i was in at 675p and this time im staying ,the bounce always comes and i miss out on a chunk of profit.. Im sure i will be laughing by September,,or the one time i stay in have i got it wrong..Time will tell..
Goldfinger and Dil i thought you were friends,,?? all the best.. JB...

Could this be some of the competition?

Datacash Group PLC
17 March 2005

DataCash Group Plc: DATA / Index: AIM / Sector: Support Services



17 March 2005



DATACASH GROUP PLC ('DataCash' or 'the Company')

PARTNERSHIP AGREEMENTS


DataCash Group Plc, the AIM listed payments service provider, has entered into
four new partnerships that will expand the reach of its services and strengthen
its position as a market leader in the UK for outsourced payment processing.
These partnerships have been formed with major companies who have a significant
presence in retail markets as hardware suppliers, integrators or point of sale
suppliers.


The agreements with four major firms where DataCash's technology assists in
speeding up transactions and curtailing fraud comprise: Multicom Products Ltd,
an eCommerce marketplace servicing travel customers; Smart Voucher, the UK's
leading supplier of online real time vouchers; TriRidium, a company which
handles payment card disputes with retailers; and Andromeda, a leading supplier
of EPOS (electronic point of sale) solutions.


DataCash CEO Terry Cave said: 'We continue to make strong progress in securing
a broad range of partnership agreements with retail orientated companies with
blue chip clients. We are committed to forming these alliances with major
players to offer alternative cost effective payment processing solutions which
increases our market reach, improves our competitive edge and boosts our
revenue.


'These companies have specifically chosen DataCash as we focus on our core
strengths as an outsourced payment processing service. We don't manufacture,
specify or procure hardware and therefore do not represent a threat to them,
merely a means of adding value to their own businesses through having the
ability to offer premium integrated services.'


The four new agreements are highlighted below:


TriRidium:


TriRidium was set up to devise a solution for retailers facing unnecessary
payment card chargebacks and write-offs. Customers include Argos, Woolworths,
and Homebase. DataCash has entered into a partnership with TriRidium offering
its TransTrack support and fraud protection system. In the past retailers have
been forced to enter into lengthy correspondence in the event of suspected
fraud. The TransTrack system reduces the time from weeks to minutes.

>> Canary

No data are in a completely different marketplace and as I understand it are completely UK based. They are also are nothing to do with the gambling industry. Good company though.

rgrds
gk

Jimmy me and Dil are freinds its just every now and again we have to put each other firmly back in place. Dil no hard feelings I hope, squelch lifted 8 hours early.

" oh Danny boy, the clouds are lifting, oh Danny Boy "

cheers GF.

Morning, I got back in at 6.48 yesterday T25

GF , I got no problem with you but some of your posts earlier this week were twaddle imo.

Good luck.

Likewise Dil.

cheers GF.

Dil why not try to make a quick buck on MMG, result of trials out later today.
Could be a profitable gamble.

cheers GF.

Cheers GF but I rarely trade these days except currencies , just a boring old buy and hold for a few weeks / months merchant.

Gallick - you say Datacash are nothing to do with the gambling industry but I believe most UK bookies use them to transact the credit card deposits they receive, and that is big business for Datacash. On-line poker is a big grower for them. Anyone who uses a poker account deposits either with a credit card direct to the poker room operator (bookies and others) or through Neteller (and they have to deposit initially with Neteller at great expense from a credit card - hence Neteller's profitability - how long can 8% fees last when the market gets competitive?).

>> bones

The UK bookies I use in the UK (and there are quite a number of them) will all accept credit/debit cards and pay money back to your cards. Is is only the American / offshore sites that usually will not pay money back to your card and often will not accept any transaction by card. That is where I have to use my neteller account, and as you correctly point out it costs to use it. However in all my card transactions with bookies I have never come across Datacash (in the same way as I come across Neteller (and Firepay and Paypal etc) the whole time.

rgrds
gk

For what it's worth here is what great (!!) EK has just posted on t1ps.com



Meanwhile I hear rumblings about legislative changes in somewhere called North Dakota (which I gather is in the middle of the great vulgarity known as the United States) which may signal the end of the American stupidity-derived gravy train for NeTeller (NLR). I cannot pretend that I really understand what is going on but it all seems very promising and I remain short of the shares.