Updates

NETeller

December 2005

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.

On-line payment processor NETeller shrugged off fears of a slow-down by reporting a reassuringly strong set of trading figures in its traditionally strong third quarter. Turnover increased 106% to US$44.9m compared to a year ago, with pretax profit increasing 105% to US$26.3m,while earnings per share rose 176% to 19.6 cents. Profit growth was helped by an increase in the gross margin from 69.6% to 73.9% thanks to economies of scale and further reductions in bad debts. NETeller’s key performance indicators continue to surge ahead with average daily sign-ups increasing 18% to 3,085 compared to Q2, while the total number of registered customers has soared over the 2 million mark to 2,026,413. Average daily receipts also increas ...

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Glisten - Shares hit new highs

Dana Petroleum

NETeller (August 2006)

NETeller - Another earnings upgrade (May 2006)

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

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 - FSA approval triggers share surge (December 2004)

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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