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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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NETeller - Shares breach 600p level

March 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:
  • 623p
Shares in on-line money transfer firm, NETeller, have enjoyed a remarkable rise to a new high of 623p at one point, making for a gain approaching 375p in just five months. The catalyst is both a fantastic trading performance but also the knock-on effect from the forthcoming flotation of Party Poker, the world's largest online poker operator. This should further reinforce the attractive growth prospects being enjoyed by NETeller's poker website clients, a sub-sector which will soon account for 40% of NETeller's revenues. NETeller's pre-close statement for the final quarter ending 31 December, noted that average daily sign-ups of new members in Q4 was 2,072, representing an amazing 94% over the same time last year ...

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NETeller (August 2006)
NETeller - Another earnings upgrade (May 2006)
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NETeller (December 2005)
NETeller - Shares burst through £9 level (October 2005)
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NETeller - Average daily sign-ups approaching 3000 members (June 2005)
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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.

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