Neteller Share Discussion Threads

[kanwar] 21/4/2008 17:59

A special dividend announcement would be nice, hoping for one on the 13th.

[dan1man] 21/4/2008 17:28

Good day

Seem to be ahving a few of them recently (shock)

[kanwar] 21/4/2008 10:00

Tip..in The Times is helping bring back buyers..looking really good..

[welsheagle] 20/4/2008 19:42

Thanks, Dealy - still undervalued.

[dealy] 20/4/2008 13:22

The TS said 55 million DOLLARS not pounds. Add in the building sale and you get to $88m or £47m or about 40p per share. That means the core business is currently only being valued at 20p per share or £24m. That's about 0.8 times revenues compared to Paypal being valued at 9 times revenues.

[welsheagle] 20/4/2008 12:42

If the cash is worth £55m, and there are 120m shares in cirulation, the cash per share must be 46p per share.
Business therefore valued at 12p per share?
The probable £33m from the Canadian sale not included.

[stephanie_m] 20/4/2008 12:25

I do not hold any shares here.
I remember reading about 6 months ago that Dermot Desmond was rumoured to be interested in this share to float his betdaq operation. But there was virtually no market reaction to this report.

SM

[dealy] 20/4/2008 10:26

Good find Stephanie.

I was surprised to see the net cash at only $55m. I thought it would be higher. Still, we should get another $33m next week from the building sale (assuming it goes ahead).

[stephanie_m] 20/4/2008 08:29

Tiddler to watch The Times 19th April 2008

Neteller, the online gambling payments company that paid out $136 million (£68 million) to settle an American prosecution and whose co-founders both pleaded guilty to criminal conspiracy, rose 1p to 59p as revenues rose in Asia and Europe. Numis and Daniel Stewart both advised "buy", with 108p and 100p price targets


Source

[dealy] 19/4/2008 07:57

So if Pay Pal is worth 9 times revenue what is Neteller worth?

[dealy] 19/4/2008 07:57

Article in today's FT about the value of Pay-Pal:

Meanwhile, Mr Donahoe moved to silence suggestions that have started to circulate in Silicon Valley and on Wall Street that Ebay should also consider selling its PayPal division to boost its flagging share price.

With revenues running at an annualised $2.3bn and a growth rate of more than 30 per cent, the online payment service has enjoyed consistently higher growth than Ebay's core e-commerce operations and some bankers speculate it could be worth as much as $20bn as a standalone company, or almost half of Ebay's total stock market value. With much of its growth coming from handling payments that do not take place on Ebay, PayPal has less strategic reason to remain part of the group.

Mr Donahoe said there were still strong advantages to keeping PayPal in Ebay and that he expected to continue to own the payment service "for many years".

[britishbear] 18/4/2008 15:17

A little coverage here.

[dan1man] 18/4/2008 14:26

yes, difficult to understand why this is so far off £1 still.

Looks like they have a very solid foundation now with the US debacle out of the way.

Growth rates could be higher though I guess, Asia isn't exactly taking off?

[olivepeel] 18/4/2008 13:30

shorting seems to be over. will have $88m cash soon so could do a special divi.
I'm expecting 80p during 2Q

[kanwar] 18/4/2008 10:25

A bit disappointed we didn't see a higher spike..markets a bit flat at the moment.
MY prediction..90p by mid May...

[davidlloyd] 18/4/2008 10:11

Quiet here, given positive growth and improved margins..onwards and upwards.

DL

[kanwar] 17/4/2008 12:01

Although my loss is not as big,I know how you feel...should get a healthy spike when the Canadian monies come in...

[dan1man] 17/4/2008 11:49

Don't worry mate, no danger of me selling as I'm not prepared to crystalise an 80% loss!

[kanwar] 17/4/2008 11:23

Don't sell now, dan1man..looking firmer ..imho

[dan1man] 17/4/2008 11:11

My holding is also paltry (since the collapse grrrr)

Good to see a bit of blue for a change, was starting to wonder if this was ever capable of going up

[kanwar] 17/4/2008 09:27

looking firmer now, will look to add more to my paltry holding next week..looking good though!!

[theo13] 16/4/2008 15:57

Funds are having to sell whatever shares are liquid enough to sell at whatever price they can get rather than what they want to sell.

[don777] 16/4/2008 15:43

do not understand why those big names sold their holdings in a loss in such low price.

[kanwar] 15/4/2008 11:51

All this holding in company..its good news ,yes?

[central execution] 10/4/2008 15:51

In chunks of fivers, LOLLOL





dealy - 4 Apr'08 - 12:49 - 21512 of 21514

I have been adding in recent days.