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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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NETeller - Shares poised to surge when PartyGaming floats

July 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.

  • Epic Code:
  • NLR
  • Price:
  • 534p
One sector that is really setting investors' pulses racing is online gambling, which last year saw a 25% rise in betting volumes to US$8 billion. However, this still only represents less than 2% of the mammoth US$433 billion that the whole industry pulls in and many analysts are now predicting that the online sector will grow ten-fold over the next ten years. One company that's making a mint out of this trend is NETeller, the market leading provider of online payment processing solutions for the Internet gaming industry. In the last two years alone, its turnover has ballooned from US$4.4m to over US$82m with pretax profit rising from US$1.3m to nearly US$46m (more than 35-fold). These numbers are foreca ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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