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 know what you mean bhunt,,every time i think its on the move again it goes back down,,i have however bought more today as it has to come good soon..JB

What the f*** is going on with this one....it just defies logic every time!
I wana average down but dont know if the current price will regain its downward momentum that it had before the build up to the interims.........whats the feeling do you think its gonna slide for a while?

well - I bought some more at the bell @ 500 - having also bought earlier in the day at 530 - so expecting the good news that we have had over last couple of days to start having an impact on the price - but what do I know!!!

baza

Very ennoying to see the price go down after a good set of results,bought these this morning but finished under 5 pounds,makes you wonder which company to invest in,i am sure these will bounce soon.

Excellent set of results-what other company has daily revenues the size of this one and grows profits like this?? I would love to buy more but I'm fully invested and all my shares are sliding back!! At this price you cant buy many for your odd 1K--I'm still hoping for the 12 target to be met by Dec.
Can't understand the market at all.

THE MARKET in this one is a CON at the moment. Yes its a gambling support company (defensive stock) but at the same time its being driven by holders who are both short and long, in other words day traders and intra day traders moving in and out and shaping the price, they want it to move up and down in a range.

Get out and leave the barstewards and the MMS who have supported them with nothing to go on.

And yes I know I supported it only a few days back but you cant fight markets. It may be some consolation that the same shorters who shorted this got their asses burnt on Last Minute Dot Com, yipppee.

cheers GF.

fully agree gf
clowns to the left jokers to the right
stuck in the middle, at present haven't got a clue
what to do.
got simpathetic on this one, should have got out just below 6.00
and left on shopping list as it is still only one of a few companies
who should be pumping but the market is against us can't call the
bottom at present aim is still being battered.
there are over 1000 companies on aim market with over half
capped at 10m or less nlr and sporting bet are capped at close to 1.5b
between them that covers over 400 of the combined lower sector on aim
so they have an enormous effect on the overall market the bears are
having a field day but the bulls will return and the sp in time
will justify a lot higher rating for both - a move to a more senior
index has to be on the cards
the full value will then be seen

regards HUSTLER

Plenty of buys and still the price wont rise,why ??

Probably because I am still invested. Wait till I sell - then the price will rise - always does!

Baza

LOL, can you sell now please !

Just for that I will hold - tee hee

Baza

Maybe ill go short then, no that would'nt work for me either.

Still no rise, come on bhunt sell and if it goes up to 10 pounds on monday ill split the profit with you.

I wont, I wont, I wont - damned things

B

He He , thats perked me up.

cheers GF.

At least we have the small comfort that its holding up in a bad market today!

All those sells, and the bid goes up,its the other way round from last week,are you as confused as me ? .

large buy order being worked?

rumour on ADVFN that Goldman Sachs have been asked to look for a buyer.

anyone heard this?