NetSol International Inc. (NTWK)

[Ecostate]

nope it will b back to 7 bucks or more in a few months... or sooner

[antchaos]

By all means, trade the living hell out of it. If you can call the day to day movements, you can make tons of cash. In the long run, however, this one is only going one direction...down,

[Ecostate]

like buying again at 4.82 and selling at 5.09 . again..... .

[Ecostate]

looks like its listed to me..... and its going up 10 or 20 pennies a day

[antchaos]

You are free to do as you please, but history says you're on the wrong side of the coin. I've been shorting this badboy for quite a while. It's the same old story. The insiders all buy shares and it makes people think all is well...in addition to their fake financial statements. Then, out of nowhere, it crashes and they ultimately pull a reverse split...until one day the Feds rain down on their whole operation. Everything this company does is suspicious...and the history says it all.

[geopic]

So what?
Financials are good; revenues positive,...
You either lost lots of money here or, if you really know something, tell...
I'll continue to 'invest' here.
g.p.

[antchaos]

Guess again...this company is a glorified pinky.

[1stkfndr]

Looks like this stock has hit its bottom. Time to ride.

[antchaos]

I applaud your good trade, but this company is the pits. One can make a boat load of cash by trading this, but to suggest it's some kind of investment is totally off base. I've see what management here does...and it's not pretty.

[Ecostate]

well well well. buying at 4.72 1700 hundred shares. now look at it bro........... ha

[antchaos]

ha! did someone actually call netsol a "good company"?!!! hahahahahahahahaha!

[Ecostate]

This is so oversold here. too oversold. good company here and revenue and earnings will be back on par. NTWK is selling web hosting like mad. looks like a good buy here and should be pinching. its tight here.

[geopic]

Got back in near the close.
There is still life here. Financial looked
similar to those of past years...
It is a risk...
BTW, you were in at 8, you broke even, more or less?
GLTY
g.p.

[stevbet]

Oh it brokeout alright! Straight to down!! Thank god I got out before this nasty drop.

[ManicTrader]

$NTWK Weekly Breakout Chart->



ManicTrader Member Level Monday, 10/28/13 11:21:48 PM
Re: None
Post # of 14028

$NTWK 7.34 Alert To hold the 100ma

[ManicTrader]

Weeeeeeeeeee We have confirmation of support! lol Back to 14??

[fulcrumgavel]

NetSol: a flying start in FY14
More good news for NetSol’s shareholders! After scoring its all-time high revenues and net profits in FY13, NetSol Technologies Limited has had an impressive start to its new financial year. Growing top line and booming bottom line are reported by the Company for the first quarter ending September.

Overseas business is the Company’s mainstay, for revenues from foreign sales have consistently made up for over 90 percent of total revenues generated in last four financial years. Past data shows that the revenue growth for NetSol picks up in later quarters of a given financial year, as the pipeline of foreign software and IT services deals built in earlier months starts maturing as the year passes by.

In that context, the 38.4 percent year on year 1Q FY14 revenue growth is a healthy sign, which points towards aggressive marketing and promotion efforts in the Company’s overseas markets in the Asia-Pacific region. The top line growth is expected to have come about due to good performance in the major business segments of IT services and software licensing.

This strong revenue growth has helped the quarterly financial results to remain in god shape, despite a 36 percent hike in cost of revenue. A bit of cost efficiency is visible though, as these costs exhausted 104bps less of revenues (59.3 percent) compared to same period of last year. That helped the software Company post a slightly improved gross margin, 40.7 percent, over last year.

Similarly, though both heads of selling expenses and administrative expenses increased year on year by 50.5 percent and 32.9 percent, they collectively consumed 34 percent of revenues in 1Q FY14, which is 44bps less than the corresponding period of last year.

NetSol’s non-operating performance also played a major part in posting stellar first quarter results. Its ‘other income’-–which comprises of foreign currency gains, dividend income and returns on bank deposits-–increased by 1.8 times over last year to reach Rs111.8 million. This significant gain in non-core income seems to have come from greater rupee depreciation during the period under review.

NetSol closed its 1st quarter with net profits of Rs140.15 million, showing a 151.2 percent growth over 1Q FY13. Revenue growth is expected to intensify in subsequent quarters, and if cost control measures are stepped up, NetSol may exceed its FY13 performance this year. However, top line expansion is reliant on how the Company sells its flagship product, NetSol Financial Suite, to prospective clients overseas.

[ManicTrader]

$NTWK 7.34 Alert To hold the 100ma

[geopic]

The investigation is not helping.
Good news will bring this one back.
g.p.

[fulcrumgavel]

well This one has really gone to the dumps, should be back to 10+ or 12 I think ,check next earnings report

[Money Train]

Nah.. Theres always an investigation anytime a stock drops.. Seen this a thousand times

[stevbet]

Just bought in today @$8 I wonder if there is a real belief they have done something wrong?

[Money Train]

Seeking alpha=bush league

[fulcrumgavel]

I gotta say I am very surprised NTWK did not get it's rally yet. This is tremendous opp to get in right here. new contract with NASDAQ. New profit venues. new growth. Huge Saudi contract. Stock is ready to explode. This is the last chance to buy in cheaply

[fulcrumgavel]

stock is nearing end of triangle breakout, stock will not stay under 11 much longer, big things happening at netsol, big new contracts everywhere in the world from china to australia to Saudi Arabia and London even USA.

[fulcrumgavel]

Good news, I will raise my forecast for the next 2 months to 13.

[fulcrumgavel]

Spread has grown much larger over the past two days.. one of the largest spreads ever.. only one period of about a week this year such a spread has existed before. This will be the largest spread ever if NTWk does not start to rally soon.

I am raising my estimate from median estimate.. NTWK is likely to correct to at least 12.50 within 2 months

[fulcrumgavel]

NTWK and Netsol pk strong correlation.

Typically the stocks diverge but return to a median level.

Recently have seen a large divergence with Netsol pk outperforming NTWK.

Lower range of high divergence usually signals near term and mid term resistance level and support.

Based on this correlation See upper 9's or 10 as strong support for NTWK with a 11.50 minimum PT within 2 months

12 month



6 month

[pj McMulligan]

Looks to be rising up from the 200EMA.. ne1 here adding shares b4 weekend?

[RBRIZZLE]

Ehh why the big dip today??

[kraticka]

where is everyone ntwk is the best stock to own on wall street for this year.. hold for three years or so will have a four bagger

[kraticka]

does anybody know why the big spreads for ntwk.. sometimes it is as much as .20.. seen one trade from 13.69 to 13.47 for 150 shares. that is .22 for that trade... what is going on.. anybody...

[kraticka]

love the way ntwk is up & filling back down.. this a good way for ntwk to keep trending higher. hit 14 this morning & back off.. I think later in the week ntwk will pass 14 again... don't sell your shares cheap....

[kraticka]

what is everyones prediction on ntwk? can we go higher or base in the 12s. I think we are fully priced till earnings....

[kraticka]

you got your wish for over 12.80 ... now what is your price you want?

[otcbloodhound]

Hoping for a close above 12.80

[geopic]

'Mostly down'? I don't think so.
This stockwas about $6.00 early 2013.
Retracing some, maybe.
g.p.

[kraticka]

seems like their is something brewing with NTWK shares bouncing uo & down & mostly down..I think some fund is selling a bunch of shares.. why, I don't know. any other opinions as to what is happening...

[solarity]

Yeah, after a big run up it is not uncommon to see a sell-off and retracement. Frequently referred to as profit-taking. Nothing to worry about, standard market behavior.

[kraticka]

does anybody have a clue why the large volume with the big swings down. a fund selling or margin calls or something inside the company...seems like something trigger this downturn.. thanks for any comments.

[RBRIZZLE]

is this the beginning of a sell off?

[geopic]

Long overdue and ignored by Americans.
Financials tell it well.
Personaly sold on the way up but much too soon.
Never expecting it would get noticed that much.
g.p.

[kraticka]

NTWK is really taking off to the upside. anybody know the reason?

[geopic]

...and, of course, the obvious has happened.
Here's part of the last PR (3PM):
"CALABASAS, Calif., Aug. 27, 2012 (GLOBE NEWSWIRE) -- NetSol Technologies, Inc. (Nasdaq:NTWK), a worldwide provider of global IT and enterprise application solutions, today announced that it has received a letter from the listing qualifications department staff of The NASDAQ stating that the Company has regained compliance with NASDAQ Stock Market Listing Rules that require maintenance of a minimum $1.00 per share bid price.

Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed..."

That $1.00 was the only requirement missing.

g.p.

[geopic]

The last requirement should be satisfied, following this 1 for 10 R/S:

Company to Report Fiscal 2012 Financial Results on September 4

CALABASAS, Calif., Aug. 13, 2012 (GLOBE NEWSWIRE) -- NetSol Technologies, Inc. (Nasdaq:NTWK), a worldwide provider of global IT and enterprise application solutions, today provided its outlook for its 2013 fiscal year which began on July 1, 2012 and announced the completion of a 1-for-10 reverse stock split.

Fiscal 2013 Outlook

"By many measures, fiscal 2012 was a year of great transformation for NetSol, evidenced by sequential quarters of revenue growth as well as earnings appreciation," said Najeeb Ghauri, CEO of NetSol. "Demand for our products has never been higher and I am fully confident in our teams' ability to lift NetSol to its next chapter of execution as fiscal 2013 gets under way."

In July, NetSol previewed its financial results for the fiscal fourth quarter and year ended June 30, 2012, which underscored its strongest year ever. Based on preliminary estimates, NetSol said it anticipated total revenue for the fiscal fourth quarter of approximately $11.6 to $12.6 million, and earnings per diluted share in the range of approximately $0.02 to $0.03. For the full fiscal year, the company anticipates total revenue in the range of $37 million to $38 million, translating to earnings per diluted share of $0.03 to $0.04. On a split-adjusted basis, as discussed below, this translates to earnings per diluted share of $0.30 to $0.40. NetSol plans to report its complete fiscal 2012 financial results on September 4, 2012.

Looking forward and based on projects currently underway, combined with a steady base of recurring revenue, and robust demand for the core NFS solution, particularly in the APAC region, among other ongoing initiatives, NetSol anticipates growing total annual revenue in the range of approximately $46 million to $49 million for fiscal 2013. On a split-adjusted basis as discussed below, the company also expects earnings per diluted share of $0.80 to $1.00 for the year, translating into earnings per diluted share growth of more than 100%.

"Throughout the past year we expanded our delivery footprint in the Asia pacific region, giving customers and prospects increased confidence, and as a direct result, have won a number of new contracts, several of which were signed late in the fourth quarter," said Ghauri. "Adding to that, we also have a number of potential new customers who have already expressed interest in our Next Generation cloud-based leasing solution, which bodes well for us as we move to launch the product over the next few months."

Reverse Stock Split Completed

NetSol's Board of Directors approved the proposed reverse stock split following shareholder approval received at the company's annual meeting held on August 6, 2012, and the 1-for-10 reverse split of NetSol's common stock took effect at 5 p.m. Eastern Time on August 12, 2012.

NetSol's common stock will begin trading on the NASDAQ Capital Market on a split-adjusted basis at the opening of trading this morning, with 64115A402 as its new CUSIP number. The company expects that NASDAQ will append a "D" to the ticker symbol, "NTWKD," to indicate the completion of the reverse split for a period of 20 days.

The reverse stock split affected all issued and outstanding shares of the company's common stock, as well as common stock underlying stock options, restricted stock units, and warrants immediately prior to the effectiveness of the reverse stock split. The reverse stock split reduced the number of shares of the company's common stock outstanding to approximately 7.5 million and the number of authorized shares of the company's common stock became approximately 15.0 million.

No fractional shares will be issued in connection with the reverse split. Stockholders who would otherwise hold a fractional share of the company's common stock will receive a cash payment in lieu of such fractional share based the closing sale price of the company's common stock on the business day immediately preceding the effective date of the reverse split as reported on the NASDAQ Capital Market, which is $0.45

Stockholders with shares held in book-entry form or through a bank, broker or other nominee are not required to take any action and will see the effect of the reverse stock split reflected in their accounts after August 13, 2012. Beneficial holders may contact their bank, broker or nominee for more information. Stockholders with shares held in certificate form are required to exchange their stock certificates for book-entry shares representing the shares of common stock resulting from the reverse split. Shortly after August 13, 2012, registered holders who hold stock in certificate form will receive a Letter of Transmittal and instructions for exchanging their certificates from the company's exchange agent, American Stock Transfer & Trust Company...

Looking good, eh? (last pre-market ar $4.50 b 4.80 a 5.25)

g.p.

[geopic]

You're right. I guess some promoters really do
not get compensation. Hard to believe, eh?
NTWK is again around .50. Those blurbs did not help much!
g.p.
BTW, as it drifted under .53, I did buy a little...

[bootysweat]

Anytime. The disclaimer stated there was no compensation for the release of those newsletters fwiw.

[geopic]

Thanks. That does summarize pretty well.
Surprised to find it is considered a P&D on those accounts.
My Broker still carries a signal on NTWK.
NetSol has about 2 months left to satisfy all
criteria to remain on NASDAQ.
There might be only one: Share price at $1.00 or over.
Meanwhile, I'm holding and may try to add a little, under .53.
Thanks again.
g.p.

[bootysweat]

Had a newsletter on it on 7/26 with a followup email on 7/27:

On 7/26:

PSP Members,

We've got a new pick for Friday!

I know the summer has been painfully slow so far, but our patience is about to be rewarded!

Our new pick is a NASDAQ play that over the last 3 months has been trading steadily between .40 - .49 cents, but recently hit a high of .62 after a flurry of HUGE news.

The stock has now pulled back around the 55-cent mark with strong support established at .54 cents and looks poised for a second leg up!

Our new pick is a tech company that recently announced that they inked a software deal with a Fortune 500 Tech Company for the use of their application software!

In addition the company posted their highest quarterly revenue in company history, and announced that their preliminary revenue results indicate the company is on course for its strongest year ever!

The company has major clients around the world including:

BMW Group Financial Services-China
Mercedes Benz Finance-Japan
Allstate
Hertz
Pfizer
Proctor & Gamble.

The stock looks extremely attractive at current levels, and appears poised to break out at anytime should additional new hit the wires over the next few days. The company has a history of issuing news in clusters about every 2 weeks, so it appears overdue for more big announcements!

In addition, barchart.com recently upgraded our new pick to its coveted "Strong-Buy" Rating!

This looks like the perfect opportunity to take advantage of a quieter Friday trading session to snatch up a low priced stock that could have a potentially huge upside!

Make sure you read this alert in its entirety and lets get ready for tomorrow's session!

-James

++++++++++++++++++++++++++++++++++++++++++++++++++++++


NEW PICK

Netsol Technologies Inc.
NTWK
NTWK Chart
Currently Trading $0.55
NTWK Real Time 'Bid & Ask' Prices


PSP Members,

Our new pick is NTWK, a Nasdaq play that looks incredibly attractive at current levels!

With a 52 Week High of $0.95 per share, NTWK closed today at just 0.55, showing significant potential for gains especially on the back of recent positive developments surrounding NTWK, including the announcement that the company is on course for its strongest year ever!

BARCHART.COM has given NTWK a "STRONG-BUY" recommendation, supported by a number of technical indicators showing bullish trends developing.

About Netsol Technologies Inc.:

NetSol Technologies, Inc. designs, develops, and markets software products for the automobile finance and leasing, banking, healthcare, and financial services industries worldwide. The company offers NetSol Financial Suite (NFS), an end-to-end solution that covers the leasing and finance cycle. Its NFS consists of Point of Sale, a front office processing system for the finance sector; Credit Application Processing System to handle the incoming credit applications from dealers, agents, brokers, and the direct sales force; Contract Management System to manage and maintain a contract; Wholesale Finance System to automate and manage the floor plan/bailment activities of dealerships; and Fleet Management System to handle fleet management needs. The company's NFS also includes LeasePak that develops Web-enabled and Web-based tools for the leasing technology industry

Company Website: http://www.netsoltech.com/

NTWK Breaking News:


Vroozi Announces Agreement with A Fortune 500 Company:

Just last week on July 18, 2012, Vroozi, Inc., a worldwide provider of B2B and B2C e-commerce cloud solutions, and subsidiary of NetSol Technologies, Inc., (NTWK), announced an agreement with a Fortune 500 communication technology company to implement Vroozi's smartOCITM search engine software in its enterprise resource planning (ERP) e-Procurement environment.
The name of the company and terms of the agreement were not disclosed for competitive reasons. (Read More)



Netsol's Preliminary Revenue Indicate Company's Strongest Year Ever:

On July 12, 2012, Netsol Technologies Inc. provided preliminary revenue and earnings per share results for the fiscal year and fourth quarter ended June 30, 2012. Preliminary revenue results indicate the company's strongest year ever, with consecutive sequential quarterly growth throughout -- a company first -- and the highest quarterly revenue in the company's history.
Based on preliminary estimates, NetSol anticipates total revenue for the fiscal year will be in the range of $37 million to $38 million, indicating fiscal fourth quarter revenue of approximately $11.6 to $12.6 million, versus prior guidance of $8.6 million to $10.1 million. (Read More)


Netsol Technolgies Inc. Signs $5 Million dollar Contract with Global Bank:

Just last month, Netsol Technologies Inc. announced it has signed a contract with a leading global bank valued at approximately $5 million, whereby the company will implement its entire NetSol Financial Suite (NFS(TM)) solution, including the Wholesale and Retail platform.

The new project ranks as one of NetSol's largest NFS implementations to date in terms of value, and includes product licenses, business process consultancy and on-site implementation services. NetSol anticipates that the implementation will be completed by the end of calendar 2012.(Read More)

NTWK Technical Indicators:

With a "STRONG-BUY" recommendation from BARCHART.COM, NTWK is showing bullish trends developing over the short medium and long terms as shown in the Barchart.com breakdown of technical indicators signaling a "BUY", "HOLD", or "SELL" action:

SHORT TERM Indicators

7 Day Average Directional Indicator: BUY
10-8 Day Moving Average Hilo Channel: HOLD
20 Day Moving Average vs. Price: BUY
20-50 Day MACD Oscillator: BUY
20 Day Bolliger Bands: HOLD

MEDIUM TERM Indicators

40 Day Commodity Channel Index: BUY
50 Day Moving Average vs Price: BUY
20-100 Day MACD Oscillator: BUY
50 Day Parabolic Time/Price: BUY

LONG TERM Indicators

60 Day Commodity Channel Index: HOLD
100 Day Moving Average vs Price: BUY
50-100 Day MACD Oscillator: BUY

Investor attention looks to be on the rise as evidenced by the recent increase in trading activity. NTWK has traded an average of 751,722 shares in the last 4 sessions, showing an almost 20% increase over its 3 Month Average Volume of 633,543.

Closing today at $0.55 per share, and with a 52 week high of $0.95 per share, looks to be showing plenty of room for potential gains. Anticipating a fiscal fourth quarter revenue of approximately $11.6 to $12.6 million, versus prior guidance of $8.6 million to $10.1 million, NTWK is showing impressive revenue growth and could be on the verge of a breakout run very shortly and even into the longer terms.

I suggest researching NTWK immediately! Adding two more high value contracts earlier this year to an already impressive client list, and with preliminary revenue results indicating the company's strongest year ever, NTWK could be positioned for break out very soon.

The technical postures look very strong even into the long term and at a current price point of $0.55 cents per share. I recommend you do your research on NTWK as soon as possible and lets be ready for Friday!

Happy Trading

-James

On 7/27:

PSP Members,

With a light Friday session NTWK has remained steady and closing right around the same levels as the previous session.

NTWK still looks like we could be gearing up for a run in the coming sessions and barchart.com continues to hold a "Strong-Buy" recommendation for NTWK with the technical charts still showing bullish trends developing across the board!

We saw a very similar pattern with our previous pick NBS, which just today hit another high of $0.77, representing nearly a 15% increase over the close at the time of the alert! The stock traded over 1.5 million shares traded in today's session alone!

Continue to keep your eyes on NTWK over the next week, and lets see if we get the breakout we're expecting, and I'll keep you up to date with any further news.

In the mean time, keep your eyes on your inbox for our next alert!

I've got my eyes on a couple of bounce plays at a extremely attractive levels (all below 10 cents), that look poised for breakout run in the very near term. I will be watching them early next week, and will alert you if one looks ready to rally.

Have a great weekend!

-James

[geopic]

See it but
no explanation whatsoever. Will have to wait a day or two to get what the P&D is all about?
First appearance today on that list...
Will wait and see.