Neteller Share Discussion Threads

[dealy] 07/4/2008 10:36

I think the company will announce a share buyback when they close the building sale.

[kanwar] 04/4/2008 12:59

Yum-Yum, all that CASH!!

[kanwar] 04/4/2008 10:43

More holding in company...Good-Good.

[mlangton1] 31/3/2008 03:16

I thought that was normal KAN..well it is for me.

[kanwar] 28/3/2008 15:38

Weird stock..sell and the price goes up!!!!

[kanwar] 27/3/2008 13:48

Every dog has it day....even NLR!!!

[dan1man] 27/3/2008 12:52

Looks like Recruiter was right after all to sell out of this dodo of a share

[kanwar] 18/3/2008 13:02

Was the delayed sale the reason for the fall yesterday?? crazy....

[zcaprd7] 18/3/2008 12:00

Seems a bit over done - looks like they get some cash out of it?

[kanwar] 18/3/2008 10:05

Was the delayed sale the reason for the fall yesterday?? crazy....

[kanwar] 18/3/2008 09:20

Was the delayed sale the reason for the fall yesterday?? crazy....

[kanwar] 17/3/2008 15:11

If barclays can fall nearly 7% ...shouldn't be too surprised to see nlr fall as well..

[kanwar] 17/3/2008 14:16

I can only think that any stock related to credit/money/transfer...today would get it...should have seen it coming...lol..

[zcaprd7] 17/3/2008 12:46

Is this market makers playing on the general market negativity or what?

[bhopo] 17/3/2008 12:25

What is happening here?

[kanwar] 11/3/2008 16:47

Thanks..robow..

[robow] 11/3/2008 16:19

* Numis has a buy and 51p target for Chime Communications, a buy and 785p target for Cookson Group, a hold and £44.70 target for Greggs, a buy and 50p target for Hydrodec, a buy and 354p target for Interior Services, a buy and 108p target for Neteller, a buy and 292p target for Scott Wilson, a hold and $1.02 target for Tau Capital, a buy and 77p target for Tenon, a buy and 336p target for UTV, an add and 853p target for Weir Group and a buy and 310p target for Zinc Resources
from Citywire this am

[olivepeel] 11/3/2008 12:38

share option expense ?
excluding that , results look good.

[kanwar] 11/3/2008 12:08

robow..could you plse post

[robow] 11/3/2008 10:58

Numis has a BUY and 108p target (from Citywire)

[don777] 11/3/2008 09:56

Paul,
agree with you.

the growth is not that good.

they should re-start their share buy back plan since it has so many cash in hand.

D

[polaris] 11/3/2008 08:34

All i will say is be careful.

$12m loss after one offs for the year and growth in ongoing business not exactly stellar. The interest income this year will be well down on last due to the payout of the funds to US customers and the settlement with US authorities. To break even - they may be cash flow positive but the one offs will still mean a loss overall - NLR need revenues from ongoing in xs of $75m. In 2007, that was $69m including $17m in interest. If we assume a more reasonable $7m for this year due to reduction in cash held then revenues need to be $68m c.f. $52m for this year or more than 30% YoY. It is by no means impossible but for now i think the new NLR needs to be given time to re-establish itself and that the high growth days are gone. Probably fair value for now (ie low 60s)

regards,

Paul

[kanwar] 11/3/2008 08:25

In the U.S., it's OK to bet on the ponies, but making an online poker wager is against the law. You can buy a lottery ticket online in some states, but you can't legally bet on which team will win the NCAA men's basketball tournament. You can drive to Joliet to play blackjack, but a game of "21" online is only for fun.

That inconsistency of how and where bets are placed is at the heart of a complaint by European gambling sites that argue U.S. laws infringe on international trade rules.

On Monday, the Remote Gambling Association, which represents the European operators, asked the European Union to investigate U.S. laws forbidding online gambling, a move that could lead to a formal complaint with the World Trade Organization.

Key to the dispute is the question of whether online betting companies are unfairly being forced out of the U.S. market. In the U.S., wagering on horse racing is allowed across state lines. In Illinois, for example, there are 16 sanctioned off-track betting locations. Placing bets online is illegal in Illinois.

"You have to go to an OTB, casino or a race course to place a bet," said a spokeswoman for Illinois Atty. Gen. Lisa Madigan.

"I don't think these laws were particularly well thought out," said Anthony Cabot, a gambling expert in the Las Vegas office of Lewis and Roca LLP Lawyers.

As with most everything in gaming, money is at the center of this debate. The legal online gaming market is huge, estimated to be worth more than $15.5 billion a year. Illegal online gambling for casino games and poker in the U.S. is probably worth an additional $15 billion. That doesn't include sports wagering, which Cabot called "much higher," since sports betting occurs over phones and the Internet.

This time of year is prime time for sports betting, as the NCAA men's basketball tournament is a week away from opening.

The current dispute, which could lead to trade sanctions but not overturn U.S. gambling laws, is essentially a follow-up to a 2004 case with the Caribbean island of Antigua. In that dispute, "the U.S. lost on virtually every point except at the end with the 'morals exception,' " Cabot explained. That means, if "something is against the moral code of a country, they can prohibit it, even if that discriminates" against another country's trade concerns.

Now, the European gaming group is asking the EU how the U.S. defines gambling morals.

An EU investigation could last "five to seven months," according to a statement Monday from EU Trade Commissioner Peter Mandelson. It will then "present its findings in an investigation report, which could lead to the launch of WTO proceedings."

Cabot thinks if the EU decides to file a compliant with the WTO, it "would have a substantial chance of succeeding."

"The argument that we are morally opposed to Internet casinos" will be hard to defend when "it's pretty clear that we're not" morally opposed to gambling, Cabot said.