Updates

NETeller - FSA approval triggers share surge

December 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares surged 73p over three consecutive trading days after NETeller announced it had received authorisation from the Financial Services Authority (FSA) to operate as a regulated e-money issuer. The surge reflects the fact that NETeller can "passport" this regulated status into all 25 EU member states, thus opening up a vast number of new places to sell its on-line payment processing solutions. Currently,only a small fraction of its business is derived from customers outsidethe US. FSA approval will also help NETeller fulfil its stated aim of becoming a full Internet bank, offering services to its members, such as credit cards, small loans and insurance services. NETeller's extra credibility from FSA regul ...

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TMI Trader Portfolio - December

NETeller (August 2006)

NETeller - Another earnings upgrade (May 2006)

NETeller - Canaccord's latest price target is 1125p (March 2006)

NETeller (December 2005)

NETeller - Shares burst through Â£9 level (October 2005)

NETeller - Shares poised to surge when PartyGaming floats (July 2005)

NETeller - Average daily sign-ups approaching 3000 members (June 2005)

NETeller - Moves into dynamic Asian market (April 2005)

NETeller - Shares breach 600p level (March 2005)

NETeller - Online payment processor has makings of a multi-bagger (October 2004)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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