Neteller Share Discussion Threads

[white_power] 19/8/2007 12:54

maestro=neo123=drjudywood scum bag stop roaming advfn to look for boyfriends.

[maestro4] 18/8/2007 20:54

drjudywood

1st quarter 2007 they made roughly $32.7m about $14m come from canada and america. 2nd we would assume they made a t least $19m probably a bit more due to increase in sign ups in europe etc. So interims turnover roughly around $52m, profits will be less due to the write off etc. with roughly around $70m cash available. i just think this is undervalued big time.

No Brainer in my view.

[drjudywood] 18/8/2007 19:08

yes..thats why they've just made aussie acquisition

[maestro4] 18/8/2007 19:05

"As part of the resolution with the US authorities in July 2007 the Company
agreed to forfeit a total of $136 million to the US. This amount included up to
$60 million which was seized by the US authorities and which shall be applied to
satisfy a portion of NETELLER's forfeiture obligation. NETELLER agreed that it
will pay a further amount of $40 million on or before 15 October 2007, with the
remaining balance to be paid on or before 17 January 2008."

The $76m owe to the yanks, will Neteller be able to keep the interest they receive on the cash?

[drjudywood] 18/8/2007 10:50

yeah right....wuastc

[marlene72] 18/8/2007 10:38

1850 insider trading 23.36 just normal institutional buying/selling..

change like the english weather.....

[maestro4] 17/8/2007 23:36

some instiutions are buying and some are selling. thats all.

[drjudywood] 17/8/2007 21:25

WORD ON THE STREET....NETELLER THINKING OF RE ENTERING USA AGAIN...A BID IS BOUND TO HAPPEN

[drjudywood] 17/8/2007 20:52

takeover imminent...25% of company changed hands

[maestro4] 17/8/2007 18:50

if this is not insider trading i dont know what is...

[maestro4] 17/8/2007 18:42

but some chunky late trade anyone else dumping, why is the spread so tight and the price staying constant.

these are big trades, who else is dumping/buying.

[sabre1_98] 17/8/2007 18:33

have axa increased?

[maestro4] 17/8/2007 18:32

axa have decreased by 1%, and informed 9th aug i think there was some selling then..

[drjudywood] 17/8/2007 17:01

shorts....bloodbath wednesday

[maestro4] 17/8/2007 16:59

there seems to be some big trades near the close for the last few days, always slightly below the mid offer, are these shorts closing or sells..

[sharedoc] 17/8/2007 11:59

The share price is holding up nicely when everything else seems to be tanking. We could get a nice forward looking statement with the results next week.

[quinan] 17/8/2007 11:54

Published: Thursday, August 16, 2007 Online-Casinos.com

NETELLER RESURGENT

e-Wallet expanding eastward with Aussie deal

With its US market exit and the hassles with the American legal authorities now almost behind it, the Isle of Man e-wallet Neteller has gone up a gear in its international expansion strategy with the announcement this week of a new Asia-Pacific involvement.

Describing itself as an independent global online payments business, the AIM-listed company disclosed this week that it has recently completed the acquisition of a strategic stake in Centricom Pty Limited. The key points of the investment are:

* Centricom operates the POLi payment platform in Australia and New Zealand.

* Neteller will pay a total of AUD$ 5 million (approximately US$ 4 million) for a significant equity position in Centricom.

* The deal extends Neteller's expertise as a payments hub for its merchants initially in the Asia Pacific region.

* Centricom Pty Limited is an Australian company based in Melbourne that provides a range of web-based transaction services, including online payments, straight-through processing, reconciliation and advanced transaction integration solutions.

Under the terms of the agreement, Neteller has agreed to invest a sum of AUD$ 5 million in consideration of a minority stake holding in Centricom, on a fully diluted basis. As part of the investment, Neteller will appoint one director to the Centricom board.

Through an existing partnership, Neteller has already introduced the POLi service to its Australian customers back in January 2007 as a safe and convenient method of payment direct from their bank accounts. The POLi system allows customers to make payments online, from their existing internet banking service, without disclosing their bank or credit card details to the merchant.

Centricom is backed by a strong financial partner in the Melbourne-based Jagen Group. Jagen is an international investment group with interests across a broad range of industries in the United States, Europe and the Asia Pacific region, and it will continue to own the majority shareholding in Centricom following the Neteller investment, along with Centricom's directors and employees.

This investment furthers the Neteller Group's presence in the important and expanding Asia Pacific online payment market, says President and CEO Ron Martin.

"We are pleased to cement our existing relationship with Centricom through this investment," Martin commented. "We look forward to working with Centricom to drive the business through its next phase of growth.

"Neteller will continue to seek out strategic relationships with companies such as Centricom who offer compelling products and services that enhance our innovative online payment solutions to our global customers and merchants."

Simon Warner, Managing Director of Centricom, said "We welcome the investment from NETELLER as a milestone in our development which will enable us to roll out the POLi service to more merchants and build further consumer brand awareness. This partnership is further evidence that Centricom is serious about being the major provider of online payments in Australia, New Zealand and beyond."

Since its launch in October 2004, Centricom has been steadily building and refining its online payments business. The POLi service now operates in three countries; Australia, New Zealand and, with its partner ATM Solutions, South Africa.

[drjudywood] 16/8/2007 22:13

maestro...old news mate

[maestro4] 16/8/2007 22:06

prohibition didnt work this isnt going to work, the yanks have totally lost it. common sense will prevail in a few years.

[maestro4] 16/8/2007 22:04

".....The company still does business in 160 countries. It's considering re-entering the U.S. market in non-gaming areas,..."

yes they have screwed us, but still i can see growth there. But first things first increase growth is asia and the pacific. WE have abundance of cash to achieve our aims.

[maestro4] 16/8/2007 21:47

go to yoomedia forum you will see binary and his multi-aliases at work. tw4t.