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

I suppose the light at the end of the tunnel should be the results.

I make the forward P/E now around 8, which lets face it is a give away. Evil hasnt given one scrap of proof that there is a creditable competition threat out there. Hes just using the same bully boy tactics he used with SBT about 2 years back.

cheers GF.

What about your 11 pounds target Dil ?? JB..

I still have an 1100p target based on fundamentals but at this point in time I aint going to argue with the market , it hit my stop and I'm out.

On the watch list now and will look to re-enter when momentum etc is up not down.

Good luck.

Im building a wedge up ready to get back in these. I cant see Evil short for so long, not when every tom dick and harry tip sheet and Broker is covering them with a BUY. Bring on the results He'l be out within days.

cheers GF.

Closed just b4 8am at 6.13 and given back 60% of profit made on trading this share :(

stop it you guys, you'll have me in next!
SD

Starting to look like time to get back in..don't think it can go much further

long 5.87

Seems to have gone very quiet here. It has had a fabulous run but it was always going to retrace and have a breather at some point. The guessing game now is when to get back in. Before the results? After the results? When momentum starts to lift the sp?Anyone any thoughts?

Cheers

B2B

Evil says hes not out as posted by some clown on all the differing B/Boards.

Says he still very much in.




cheers GF

Those short will be covering in the 4 trading days pre results. Im looking for 6.50 by Thursday

Lol GF , that cretin has posted on BB's himself .... mostly sh*te at that !

Had a few run ins with him in the old ESI days , he don't like being challenged but is happy to post as much bullsh*t as he can make up himself.

Has he complained yet about the person on here who said he was fat and smelt of p*ss ?

Thought not , must be true then :-)

I said he smelt of piss and looks like ya dad, I never said he was fat :)

Yeah but my dad is fat :-)

Good call...

Ok i will be responsible for saying he's fat !!

testing.

where has evil gone??