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

Good call...

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

testing.

where has evil gone??

Where has everyone gone Paul
pulse rate has stopped it would seem
for the moment, probably all in shock
as i am, not only on NETeller but on most
stocks that have made good gains over the last
few months. Profit taking is rife like lemmings
jumping of the cliff and the market is reminding us
it's not all up, fight the market at your peril.
I admit to the jerk reaction and reducing exposure
to the weaker side of my portfolio,
but not on NETeller long term this still has a lot of
upside if reports are to be believed which i do personally.
Is Evil that clever or does he just look at the highest
gainers then short them, i believe this is the case and
it must be said it works short term as the masses
of punters can only associate with stock rising.
The conclusion can only be we all win given time it's
only a question of when you buy and when you sell
buy right and sell right - not just because some jerk
with infulence forces you to for his own gain.
As he is doing with White Nile as reported in shares mag today
You have to look at it in the round if it ain't broke
don't fix it
regards HUSTLER

So comforting some are back on this board - I agree with you Hustler - one just has to look at some of the blunders that EK has admitted to lately and in the past. Reports as you say are still ok in the med/long run and let us hope we all are rewarded.
Good luck

Lets hope the results on 5th April kick start NLR again...I am very confident for the long run. Evil shorting white nile...I must admit that one seems a good bet!!

Had to get back into this one. Managed to pocket 60%+ profit last time. I'm hoping its had its breather and is ready for another steady climb.

Cheers

B2B

I'm still in as I don't think the pull back was too bad in fact I added a few. I'm prepared to wait long term on this one good riddance to Evil if the results are as good as we expect! Was that influence or flatulence you meant Hustler--hot air is spot on! NLR is my 2005 star--ever hopeful!

Hustler Guess what the very very clever EK now has picked up IBB (Islamic Bank of Britain and Stanelco - gone short since they were on the up and up lately - you right - he just picks up the most gainers and then shorts them - so much for his cleverness !!!

Rather than loking at the negative of that Bar Steward - we should use him to our own ends. Whenever he goes short - he provides us with a buying opportunity - and provided that we have done our homework and are convinced of the fundamentals - it will in the long term be just a blip in the share price.

The important thing is to know where he is and wait for the buying oppportunities.

As they say " what gets shorted has eventually to be bought"

So lets make sure that we keep the info coming and ensure we know what shares he is in and out of.

Bazza

http://www.lemminginvestor.com a small cap research hub that uncovered NLR before anyone else at 193p, will be updating NLR later this evening. Shorter`s may need a clean pair of pants come April 5 if they have not closed their positions.

Bazza in response to your post794 here is what THE BAR STEWARD posted FRI just about as the markets were closing - hope it is useful.pension271


Long: Zoo Digital (ZOO), Sydney Resources (Canadian), Aurum Mining (AUR), Futura Medical FUM), Bits Group (BIT), Voller Energy (VLR), Apac Minerals (on the TSX), Cobra Bio-Manufacturing (CBF), Kryso Resources (KYS), Themutual.net (TMN), Eureka Mining (EKA), Baltimore (BLM), Monsoon (MSN), British Energy (BGY), Fulmar (FMR), ZI Medical (ZIM), OEM (OEM), Caldwell Investments (CDW), Northern Petroleum (NOP), Global Natural Energy (GNE), Sci Entertainment (SEG), Victoria (VCP), BioProjects (BIP), Marshalls (MSLH), Clean Diesel (CDT), James Cropper (CRPR), Pipehawk (PIP), Ringprop (RPP), Urbium (URM), Medical Solutions (MLS), Blavod Extreme Spirits (BES), Black Arrow (BLKA), Chemistry Communications (on Ofex), Texas Oil & Gas (TXO), Regal Petroleum (RPT), Gaming Corporation (GMC), Golden Prospect (GOL), Centamin (CEY), Uruguay Minerals (UME), Petra (PDL), Medoro (MRL), v $, Oryx (US), Golden Dynasty (Oz), Corus (the debt).

Short: Islamic Bank of Britain (IBB), IP2IPO (IPO), Stanelco (SEO), Asia Energy (AEN), Medical Marketing (MMG), NeTeller (NLR) (short), Luminar (LMR), Eidos (EID), First Calgary (FPL), Central African Mining (CFM), Premier Foods (PFD), Pursuit Dynamics (PDX), ASOS (ASC), White Nile (WNL), Financial Development Corporation (FDC), Game Group (GMG), Connaught (CNT), Pendragon (PDG) HIT Entertainment (HTE), Regus (RGU), Sanctuary (SGP), Marks & Spencer (MKS), Lastminute.com (LMC), Vanco (VAN), Jarvis (JRVS), Bioprogress (BPRG), 3DM (TDM), ISoft (IOT), Countrywide (CWD), Ramco (ROS), Carpetright (CPR), Floors to Go (FGO), Patientline (PTL), Evolution Group (EVG), Cardpoint (CASH), Petrel (PET), Vedanta (VED), Kensington (KGN), Krispy Kreme Donuts (US), Google (US), Caremark (US), Orasure (US). My Travel Ordinaries.

New Positions: IP2IPO (IPO) - short, Islamic Bank of Britain (IBB) - short, Stanelco (SEO) - short, Zoo Digital (ZOO) - long.

Positions closed: Elan (short)

Pension 271 - thanks for that - will study it in the morning

B

pension271,

IMHO I think EK has called NLR wrong. He cites competion fears, etc. The comp has been there before NLR listed. I could understand it if PayPal changed tack, but they won`t. EK also called Kensington Group wrong.

elrico

too true, i agree , but as mentioned in various previous posts he does the harm in the short term.We all should stick to our beliefs and soldier on.

Independent has this to say:



The Week Ahead: Broker backs NETeller to beat the bears
By Michael Jivkov
04 April 2005


Bear Raiders have mauled NETeller shares in the run-up to tomorrow's maiden results from the money transfer specialist. The fact that short sellers have targeted the group is no surprise. NETeller listed at 200p a share a year ago and soared to a high of 757p last month, at which point the company was valued at 900m.

The raiders used every trick in the book to try to push the shares down. First they suggested that it was only a matter of time before the company faced more competition to its specialist "e-wallet", which funnels money from online gamblers to betting and casino sites. Then they spread the rumour that NETeller's recent acquisition in the Far East had hit a snag. Throughout the onslaught the group has refused to comment on speculation and has persistently said that its results will do the talking.

But what should investors expect? For the year just gone, Durlacher forecasts it will deliver a pre-tax profit of $52m (28m) on sales of $83m. And it expects profits to soar to $84m in 2005. With a price target of 1,200p on NETeller, the broker is basically saying to the market that if you are short of stock you are going to face significant financial pain.

good imput pen271
touch off at posting today -2%
results tomorrow should clear the way
for the next move up
regards HUSTLER

Moving up nicely