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Zach's NETE research report:
http://s1.q4cdn.com/460208960/files/Dec-4-2015_NETE_Thompson.pdf
TECH BUZZERS: NET ELEMENT INTERNATIONAL INC (NASDAQ:NETE)
December 10, 2015 By Alfred Brock
Shares of Net Element International Inc (NASDAQ:NETE) plunged with decline of -0.35% after buying and selling at $ 0.28 with volume of 7,994,998 shares. During 52-week, the lowest price at which share traded was $ 0.05 and reached the highest price at $ 1.43. The stock’s institutional ownership stands at 1.70%.
On December 1, 2015 Net Element International Inc (NASDAQ:NETE) reported that its mobile payments subsidiary has reached yet another growth milestone by exceeding 3 million recurring mobile payment subscribers in October 2015, which represents 171% raise since January 2015. The Firmis also unveiling the new corporate name for its mobile payments business — Digital Provider, which replaces its existing TOT Money brand. The new name and logo were introduced to reflect the evolution of the Firm and its initiatives as a digital provider of mobile payment services and content monetization tools in emerging markets.
The company has price to sale (P/S) ratio of 0.75 and has price to book (P/B) ratio of 2.37. Net profit margin of the company is recorded at -41.30 % and its operating profit margin is 17.70 %. Analyst recommendation for this stock stands at 2.00. The stock price is going above to its 52 week low with 468.00 % and lagging above from its 52 week high with -80.14 %.
NETE..GOOD NEWS ALL AROUND,TODAY WE TEST .25
SeeThruEquity Issues Company Update on Net Element, Highlighting Subscriber Growth and Strengthening Balance Sheet
NEW YORK, NY / ACCESSWIRE / January 7, 2016 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has issued a company update on Net Element, Inc. (NETE).
The note is available here: NETE January 2016 Update Note. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack's. The report will be available on these platforms. The firm also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.
"We see the final retiring of the Series A convertible preferred stock as a positive move by the company, which should reduce a potential risk of further dilution to shareholders. Net Element has worked hard over the last year to reduce debt and improve its balance sheet. In addition, we were pleased to see rapid subscriber growth from Digital Provider (formerly TOT Money), the subsidiary also experienced a solid increase in transaction volume processed on its mobile payments platform, which is up 86% since January 2015. We are maintaining our 12 month price target on NETE of $5.17 per share," stated Ajay Tandon, CEO of SeeThruEquity.
Additional highlights of the note are as follows:
High growth company restructuring its balance sheet
Net Element is a high growth company, which is in the midst of an ongoing restructuring of its balance sheet. As part of this process, the company recently completed the retiring of its Series A convertible preferred stock, and also raised a small round of financing through equity sales to management. We are hoping for additional clarity as to the company's plans for its balance sheet and ongoing financing when it reports 4Q15 results. Meanwhile, the company continues to grow, as indicated by recent announcements highlighting new customer wins at its PayOnline and TOT Money (now Digital Provider) subsidiaries.
Strong subscriber growth at subsidiary TOT Money
On December 1, 2015, Net Element announced that its mobile payments subsidiary, TOT Money, surpassed 3mn recurring mobile payment subscribers in October. The figure represented impressive subscriber growth during 2015, as subscribers rose by more than 170% since January 2015.
TOT Money also rebranded to become OOO Digital Provider, and announced an expanded suite of mobile payment and digital content services available in the Commonwealth of Independent States (CIS) and select emerging markets.
PayOnline Chief sees opportunity from Russian Mir
Net Element's acquisition of PayOnline added $2.4mn to revenues in 3Q15, but figures to add substantially more value in the future given its growth prospects for mobile payment processing of online transactions in emerging markets. The subsidiary of Net Element has over 10mn active consumers and thousands of merchants in the Russian Federation, Europe and Asia, including a recently announced full integration of its services with Dating.com. The company also stands to benefit from the introduction of a new Russian National Payment Card System ("Mir"), according to PayOnline Chief Marat Abasaliev. Mir is being aggressively pushed by the Russian government for a 2016 rollout, and should provide opportunities for PayOnline to benefit from increased transactions and usage in the market, driving revenue.
Please review important disclosures on the company's website at www.seethruequity.com.
About Net Element, Inc.
Net Element (NETE) is a global payments-as-a-service, technology provider with an integrated mobile and transactional services platform serving millions of emerging market clients. Its wholly owned subsidiary, TOT Group operates Unified Payments, a U.S. focused transaction processing and value-added services brand, Aptito, a next generation, cloud-based point of sale payments platform and TOT Money, a leading mobile payments service provider that is gaining significant traction in the mobile payments market in Russia and for two consecutive years, has been ranked in the Top 3 mobile payments providers by Beeline, Russia's second largest telecommunications operator.
Further information is available at www.netelement.com.
About SeeThruEquity
SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. The company does not conduct any investment banking or commission based business. SeeThruEquity is approved to contribute its research to Thomson One Analytics (First Call), Capital IQ, FactSet, Zacks, and distribute its research to its database of opt-in investors. The company also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.
For more information visit www.seethruequity.com.
Contact:
Ajay Tandon
SeeThruEquity
info@seethruequity.com
SOURCE: SeeThruEquity
http://finance.yahoo.com/news/seethruequity-issues-company-net-element-142700458.html .
NETE 1/7/2016 analyst rating for this stock is maintained at $5.17~
http://finance.yahoo.com/news/seethruequity-issues-company-net-element-142700458.html
"The note is available here: NETE January 2016 Update Note. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack's. The report will be available on these platforms. The firm also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.
"We see the final retiring of the Series A convertible preferred stock as a positive move by the company, which should reduce a potential risk of further dilution to shareholders. Net Element has worked hard over the last year to reduce debt and improve its balance sheet. In addition, we were pleased to see rapid subscriber growth from Digital Provider (formerly TOT Money), the subsidiary also experienced a solid increase in transaction volume processed on its mobile payments platform, which is up 86% since January 2015. We are maintaining our 12 month price target on NETE of $5.17 per share," stated Ajay Tandon, CEO of SeeThruEquity.
NETE to .24
IMO
relax and hold, good news is about to happen here in a week or so..just load and hold.
Valuation Is Based on Fully Diluted Shares
Now that the preferred stock has been eliminated and replaced with common, we expect the fully diluted shares outstanding to be approximately 127-130 million shares and about 94 million primary shares. At $0.24 a share this is an enterprise value of approximately of $34 million. Based on 2015 estimated revenues Of $38 million, that is or 0.9 times market cap to sales-- an inexpensive valuation based on comparables trading at 4.1 times. By 2016, revenues could be as high as $54 million for another 40% increase, with most of the growth coming from the change in accounting for mobile payments followed by a full year of PayOnline.
If the company could reach profitability and trade at the average valuation of its peer"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119607830 . shares locked up with GTC sell orders at $2.00
NETE "common stock should be worth $1.05 per share based on an industry average valuation of approximately 4.1xs enterprise value to sales.
Valuation Is Based on Fully Diluted Shares
Now that the preferred stock has been eliminated and replaced with common, we expect the fully diluted shares outstanding to be approximately 127-130 million shares and about 94 million primary shares. At $0.24 a share this is an enterprise value of approximately of $34 million. Based on 2015 estimated revenues Of $38 million, that is or 0.9 times market cap to sales-- an inexpensive valuation based on comparables trading at 4.1 times. By 2016, revenues could be as high as $54 million for another 40% increase, with most of the growth coming from the change in accounting for mobile payments followed by a full year of PayOnline.
If the company could reach profitability and trade at the average valuation of its peer"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119607830 . shares locked up with GTC sell orders at $2.00
Significant Achievements
Acquired PayOnline, leading innovative online payment platform in emerging markets with cutting edge payments tools such as online transactional platform for iOS, Windows and Android. This acquisition led to new sources of revenue for the company by signing multi-year contracts with premium on-line dating networks such as Dating.com, AnastasiaDate, AmoLatina and AsianDate.
DigitalProvider (formerly TOT Money), exceeded 3 million recurring mobile subscribers and experienced 171% subscriber growth from January 2015 to October 2015.
Expanded into Kyrgyzstan and signed a leading e-commerce company, Daroy.net
Expanded into Kazakhstan by creating partnership agreements with Vimplecom and Kcell to provide mobile payment services to millions of subscribers and capitalize on Kazakhstan's high growth mobile payments market.
Launched payment processing in Kazakhstan through partnership with Kazkommertsbank ("KAZKOM") and as a result signed premier online events ticketer Kassir.com
Launched joint ventures to focus on Gulf Cooperation Council ("GCC") states and India.
Product Launches
Launched Restroactive (www.restroactive.com), a comprehensive mobile restaurant solution.
PayOnline launched "Pay-Travel" to automate payments for the travel industry including integration with GDS.
PayOnline launched new mobile payment solutions for iOS to existing Windows and Android processing capabilities.
Aptito added EMV and mobile payments acceptance including Android Pay®, Apple Pay® and Samsung Pay® to its POS offering.
Expanded our service offerings to over 100 payment methods.
Outlook
As we enter 2016, we will focus on strategic partnerships and innovative products that will further expand our services so that we are a convenient one-stop shop for payments services to a global merchant community. We anticipate that our continued expansion, strong partnerships and growth endeavors will produce improved shareholder value in 2016. On behalf of the entire Net Element team, thank you for believing in us and being a partner in our future.
We will continue communicating our developments to the investment community and encourage shareholders and potential investors to visit our website and follow our social media channels, such as Facebook and Twitter, to stay informed and fully aware of new developments as they occur.
Sincerely,
Oleg Firer
Chief Executive Officer
Net Element, Inc.
shares locked up with GTC sell orders at $2.00
NETE "common stock should be worth $1.05 per share based on an industry average valuation of approximately 4.1xs enterprise value to sales.
Valuation Is Based on Fully Diluted Shares
Now that the preferred stock has been eliminated and replaced with common, we expect the fully diluted shares outstanding to be approximately 127-130 million shares and about 94 million primary shares. At $0.24 a share this is an enterprise value of approximately of $34 million. Based on 2015 estimated revenues Of $38 million, that is or 0.9 times market cap to sales-- an inexpensive valuation based on comparables trading at 4.1 times. By 2016, revenues could be as high as $54 million for another 40% increase, with most of the growth coming from the change in accounting for mobile payments followed by a full year of PayOnline.
If the company could reach profitability and trade at the average valuation of its peer"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119607830 . shares locked up with GTC sell orders at $2.00
NETE Analyst recommendation for this stock stands at 2.00.
"The company has price to sale (P/S) ratio of 0.75 and has price to book (P/B) ratio of 2.37. Net profit margin of the company is recorded at -41.30 % and its operating profit margin is 17.70 %. Analyst recommendation for this stock stands at 2.00. The stock price is going above to its 52 week low with 468.00 % and lagging above from its 52 week high with -80.14 %."
edgx 400@.20
would be nice to see someone at .205 and .21
;)
3:55pm fight fire with fire
need 5 investors to place .21-.22-.23 (200-1000) share small orders and see what happens.
hell its only a $10commission and 200shares to see if this will take off to mid .20s...worth a shot to see what MMs do to react
NETE Analyst recommendation for this stock stands at 2.00.
"The company has price to sale (P/S) ratio of 0.75 and has price to book (P/B) ratio of 2.37. Net profit margin of the company is recorded at -41.30 % and its operating profit margin is 17.70 %. Analyst recommendation for this stock stands at 2.00. The stock price is going above to its 52 week low with 468.00 % and lagging above from its 52 week high with -80.14 %."
NETE's peer HPY bought for $4.3 Billion dollars 12/16/2015! Heartland was a much bigger player (hence the hefty price) but it's good to see some M&A in the Payments sector.
http://www.nytimes.com/2015/12/16/business/dealbook/global-payments-to-buy-heartland-payment-for-4-3-billion.html
Net Element is growth company in the payments industry that should benefit from the adoption of
mobile
and onli
ne
payments in the US and Russia
and ultimately globally
.
The
CEO took his former company, Unified Payments
,
from 0 to $67 million in revenues in two
years. We believe he has the experi
ence and drive to replicate
success with Net Element.
The
company has
an increasingly robust platform to create a global payment system complete with
merchant from end and should be able to expand geographically.
We believe
the company could grow to
$
38
million in revenues
in 2015
through a combination of
inte
rnal growth
,
acquisitions
and change in revenue recognition
.
If NETE achieves our forecasts
without further common stock dilut
ion than that already predicted
and no incremental debt
,
we believe its common stock could
be worth $1.05
per share
based on
an
industry av
erage
valuation
of
approximately 4.1
xs enterprise value
.
Net Element, Inc. (NASDAQ: NETE ) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise ("SME") in the US, Russian Federation and other international markets.
The company just announced a 171% increase in subscribers currently exceeding 3 million since January of this year. The Company is also going through a significant rebranding of its name and logo to reflect the evolution of the company and its initiatives as a digital provider of mobile payment services and content monetization tools.
From a 12/2/2015 report. We ran huge after that report. Next news or even should place NETE solid over .50 IMO it not much higher.
Zach's NETE research report:
http://s1.q4cdn.com/460208960/files/Dec-4-2015_NETE_Thompson.pdf
its common stock should be worth $1.05 per share based on an industry average valuation of approximately 4.1xs enterprise value to sales.
Valuation Is Based on Fully Diluted Shares
Now that the preferred stock has been eliminated and replaced with common, we expect the fully diluted shares outstanding to be approximately 127-130 million shares and about 94 million primary shares. At $0.24 a share this is an enterprise value of approximately of $34 million. Based on 2015 estimated revenues Of $38 million, that is or 0.9 times market cap to sales-- an inexpensive valuation based on comparables trading at 4.1 times. By 2016, revenues could be as high as $54 million for another 40% increase, with most of the growth coming from the change in accounting for mobile payments followed by a full year of PayOnline.
If the company could reach profitability and trade at the average valuation of its peer,
its common stock should be worth $1.05 per share based on an industry average valuation of approximately 4.1xs enterprise value to sales.
Valuation Is Based on Fully Diluted Shares
Now that the preferred stock has been eliminated and replaced with common, we expect the fully diluted shares outstanding to be approximately 127-130 million shares and about 94 million primary shares. At $0.24 a share this is an enterprise value of approximately of $34 million. Based on 2015 estimated revenues Of $38 million, that is or 0.9 times market cap to sales-- an inexpensive valuation based on comparables trading at 4.1 times. By 2016, revenues could be as high as $54 million for another 40% increase, with most of the growth coming from the change in accounting for mobile payments followed by a full year of PayOnline.
If the company could reach profitability and trade at the average valuation of its peer,
NETE-everyone should make NETE-facebook posts and Twitter like a MOFO
NETE to .30
LOCK UP SHARES WITH high $$1.00 sell GTCs
time to fight back buy the ask and bring NETE to .30s-1.00
we will see when we hit .25 if your correct by end of JAN
CJSTOCKSUP-
what is the issue with NETE now if dilution has been absorbed 100%?
its common stock should be worth $1.05 per share based on an industry average valuation of approximately 4.1xs enterprise value to sales.
Valuation Is Based on Fully Diluted Shares
Now that the preferred stock has been eliminated and replaced with common, we expect the fully diluted shares outstanding to be approximately 127-130 million shares and about 94 million primary shares. At $0.24 a share this is an enterprise value of approximately of $34 million. Based on 2015 estimated revenues Of $38 million, that is or 0.9 times market cap to sales-- an inexpensive valuation based on comparables trading at 4.1 times. By 2016, revenues could be as high as $54 million for another 40% increase, with most of the growth coming from the change in accounting for mobile payments followed by a full year of PayOnline.
If the company could reach profitability and trade at the average valuation of its peer, its common stock should be worth $1.05 per share based on an industry average valuation of approximately 4.1xs enterprise value to sales.
just IMO, the Pump isn't working, manipulation and scare tactics are, stop losses???
we have been at .18 last week, Level-II either running scared dumping at .19 or buy at .178 (62,900)
NETE needs a P.R> like a MOFO
IMO
how did you get your figures?
what is going on with NETE??
well this sucks. 19s
hopefully we get the ASK all day and get back to.25 pivot
.20s WOW, Need a P.R.
churning or a BEAR RAID is going on, this is text book manipulation.
9:30 we had a nice spike to almost .23 and bid sitting on .21s is back and filling..nothing we can do but wait, that .18 day we had could be the dumping at .22s for a few tick gain, but it hasn't ended now in over a week, days close out positions, so swingers maybe? I don't know..
ASK .2135-158,400 arcx...HMMMMMMMMMMM
Slap the ASK,.26 NETE
volume was 666, today the number of the beast!!!
yes early morning bid sitting that .21, the pivot is really .23 now and that day we hit .18 I think a lot of swing and day dumped at .25 and then now long or swing rebought at .21 past few days.
I'm afraid of stop losses in teens again so closing out position reduces that risk for those who are not long in this and I see that panic selling, hell that .2259 edgx sell sat there for 3 days
listen Xmas is credit card processing, January 4th quarter financials should be strong with a positive press release. I cant imagine NETE not hitting .30s for Jan, IMO
GET out at .20-.21 and buy back in the teens for the new year and hold long.
CJstocksup- you have a lot of confidence in NETE, so if I take out that .22 (22,900) ill knock out 17500 of it if you take out the rest or if anyone else will, ill put the buy in so we can get this XMAS party started back over .22
obvious now whats going on from that .18 low to now the huge dump at .24s..and driven down to .21s..
Get out now
.21 YIKES..not looking good after a P.R. about dating.com and we are bailing water..lot of manipulation...need to sell before low teens is next
NETE going down to .22-.20
No news is bad news..all those swing traders who bought at .18 last week dumped...23 is not the bottom
volume down though