NTWK - Sector: Technology---Industry: Software & Programming

[ntwktoten]

NTWK gained 13% on Friday to close at $1.17 on 10 times the average daily volume..... closing on several large trades. It added an unusually large number of share AH. A significant gap is expected tomorrow.

NTWK (NetSol) is an applications software company having about 700 engineers, programmers, and supporting staff in Lahore, Pakistan. With Headquarters in the US and offices/technical centers in Pakistan, Australia, UK, Singapore, China, Thailand.

NTWK released their FY 2010 results on September 8, 2008 and investors are just starting to realize the significant upside going forward:

- Rev $26m in 09, $37m in 10, guidance $40-44m in FY 11
- Two profitable quarters in a row
- Forecasting sustainable profitability going forward, 2011 guidance: .15-20c/share net income. 20%/year avreage growth through 2016
- Currnet Price: $1.04 (was .76 10 days ago)

Other highlights:

- CEO bought 1m shares in May
- Company announced stock buyback on 7/27 of 2m shares of 36m
- Very high level capability, ISO and CMMI Level 5 certified
- High market penetration in China. Owns 90% of auto-leasing sofware market

- In 15 years of existence, never lost a customer
- Cash from ops: $8m of $37m, in 4q $4.7m of $10m - WHAT!
- Gross margin: 69%, Operating margin: 40%

- NTWK's client list includes diverse, multi-national, Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies.

- Clients include Mercedes-Benz, BMW, GMAC, GE, UBS, Volkswagen, Volvo, Yamaha, Nissan, Ford, Mini, Hyundai, Capital One, JPM Chase, CitiGroup, Cisco Systems, and many others.

NTWK announced a Global Alliance with Daimler Mercedes Benz on 9/16/2010. The previous Asia Alliance between the two companies opened the gates of China big time. The new alliance will take NTWK to a higher level going forward.

Not accounted in any revenue and net income forecasts are the over a $ billion in potential project wins in Pakistan where NTWK is the most influential IT/software player. An example of such potential is the joint bid with Raytheon for a $320 million military automation project in Pakistan.

An analyst stated on Friday 9/17/2010:

"...Nobody will be shocked if NTWK ultimately nets tens if not hundreds of millions of dollars from contracts with the Pakistani government. Or, it could be the company's Saudi Arabian joint venture that ultimately dwarfs the revenues/profitability of NTWK's current operations."

NTWK traded at $3-4 prior to recession, in 2007 and 2008. As word of their success now spreads, look for a return to higher levels quickly.

This is one of those stocks you wished you knew about earlier. Well, now you do.

[ntwktoten]

NOVEMBER 26 UPDATE:

NTWK $1.4 ..8 PE...EXPLODING IN CHINA and GLOBALLY....REAFFIRMED 20C/SHARE NET INCOME


6 MONTH TARGET: $5+ ...READ WHY.

- Company reaffirmed 15 - 20c/share fully-diluted net income on 20% revenue growth on 11/10/2010 Fiscal 1Q 2011 financial release /CC. Analyst has $4 target and believes that NTWK will report on high end of guidance range. Here is the earnings release:

http://finance.yahoo.com/news/NetSol-Technologies-Announces-pz-1418611018.html?x=0&.v=1

- The Post earnings sell-off is complete as seen by lower volumes and steady price around $1.4. Sell-off was unwarranted but in this market it's not surprising. This was the third straight profitable quarter and a record 1Q being seasonally the weakest. A strong bounce from this point is expected.


=== >> NTWK IS GROWING EXPONENTIALLY IN CHINA....HERE ARE SOME FACTS

- NTWK currently owns 90% of the auto leasing and financing software industry in in China, up from being a minor player a year ago. New products and upgrade use "Cloud Computing"

- Major customers is China include Daimler Mercedes Benz, BMW, GMAC, GE Capital, Nissan, BYD, Yamaha, Sani Corp, and others.

- On September 23, 2010 NTWK announced that it has expanded its China/Singapore/Australia relationship with Daimler Mercedes Benz Financial (DMBF) to a Global alliance. Daimler has ordered 3 new licenses for India, Japan, and Korea with plans for six more countries and eventually move into the more than 50 countries where DMBF has presence. NTWK is working on a similar alliance with BMW and other compaies in the sector. Here is the PR:

http://finance.yahoo.com/news/NetSol-Agrees-to-Terms-for-pz-256759626.html?x=0&.v=1

- So far this year the company has announced over $20 million in software license wins. Every software license brings in significant and recurrent service/maintenance revenues.

- The company is now moving into the Chinese lending/banking/insurance, energy, health care, and government/military/defense software sectors in China.

- The Beijing office has grown from a handful to almost 100 people in just a year. Plans are under way to move into larger China Headquarters in early 2011 to serve the 13 large customers in the auto leasing/financing industry and to increase their presence in other sectors like banking/lending/insurance.

-NTWK has hired over 120 software engineers/programmers/supporting personnel in the last three months to support its global business.


=== >> NTWK OUTSIDE CHINA/ASIA/AUSTRALIA:

In other regions, NTWK has recently formed a joint venture with Atheeb Corp, a large Saudi conglomerate ran by the Royal family. NTWK owns 51% of the venture and aims to cover the entire Middle Eastern region. Contract wins in the region could be announced any day and are expected to be very large.

In North America and Europe, NTWK has received several orders for licenses and upgrades in 2010

In Pakistan, NTWK is the front runner in several mega projects (over $100 million each) to automate and digitize military and government functions. These projects have been delayed due to the country's 2010. One such project is the $320 army digitization project. The company submitted its bid with partner Raytheon early this year.


MORE ON NTWK:

NetSol Technologies, Inc. (Nasdaq:NTWK - News) (Nasdaq Dubai:NTWK) is a worldwide provider of global IT and enterprise application solutions. Since its inception in 1995, NetSol has used its BestShoring(TM) practices and highly experienced resources in analysis, development, quality assurance, and implementation to deliver high-quality, cost-effective solutions. Specialized by industry, these product and services offerings include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Leasing, Insurance, Energy, and Technology markets. NetSol Technologies' clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. Headquartered in Calabasas, California, NetSol Technologies has operations and offices in Alameda, Adelaide, Bangkok, Beijing, Karachi, Lahore, London, and Riyadh

DD Blog for those interested in digging a little more..

http://sharedduediligence.blogspot.com/p/ntwk.html

[ntwktoten]

HUGE NEWS TODAY 12/1/2010

NetSol Technologies Announces Official Launch Event for Atheeb NetSol Joint VentureEvent Will Showcase Atheeb NetSol's Product Offerings in Fast-Growing Saudi Arabian IT Market

Press Release Source: NetSol Technologies, Inc. On Wednesday December 1, 2010, 6:55 am EST
CALABASAS, Calif., Dec. 1, 2010 (GLOBE NEWSWIRE) -- NetSol Technologies, Inc. ("NetSol" or the "Company") (Nasdaq:NTWK - News) (Nasdaq Dubai:NTWK), a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, today announced that it will co-host an event with its Middle East partner, Atheeb Group Ltd., to officially launch their Atheeb NetSol Saudi Company Ltd. ("Atheeb NetSol") joint venture. The event will take place Tuesday, December 7, 2010 from 7:30 p.m. to 9:30 p.m. (Arabia Standard Time) at Nayyara Hall in Riyadh, Kingdom of Saudi Arabia.

The invitation-only event will showcase Atheeb NetSol's product offerings to an audience that will include C-level executives from Saudi Arabia's financial, telecom and defense industries. His Royal Highness Prince Abdulaziz Bin Ahmad Abdulaziz, Chairman and CEO of Atheeb Group Ltd., will co-host with Najeeb Ghauri, Chairman and CEO of NetSol. Over 150 people are expected to attend, including local and international media as well as key government officials from Pakistan and the United States.

Formalized in June 2010 by NetSol and Atheeb Group Ltd., Atheeb NetSol is focused on market development opportunities within Saudi Arabia's software engineering arena in key business sectors such as telecommunications, defense, public sectors and finance. Market research firm Business Monitor International forecasts that Saudi Arabia's software market will increase at a compound annual growth rate of 7% from $3.3 billion in 2010 to $4.6 billion by 2014, driven by population growth and increased government spending on infrastructure projects. In November 2006, the Saudi Arabian government designated approximately $800 million for a five-year e-government development project. Additionally, in June 2008, Saudi Arabia's governing Shoura Council approved a strategic initiative aimed at raising the contribution of the software industry to 20% of GDP by 2020.


"We are excited to have this opportunity to introduce our IT software solutions to potential customers in Saudi Arabia, which accounts for about 40 percent of IT spending in the Middle East region," stated NetSol's Chairman and CEO, Najeeb Ghauri. "Saudi Arabia's rapid socioeconomic development is driving a fundamental shift in the IT needs of its private and public sector organizations, and our world-class software and services platform offers a strong value proposition to prospective clients in this and other emerging economies of the Gulf region. We are confident that our Atheeb NetSol joint venture will capture a significant share of major projects in the Middle Eastern software market."


About NetSol Technologies, Inc.

NetSol Technologies, Inc. (Nasdaq:NTWK - News) (Nasdaq Dubai:NTWK) is a worldwide provider of global IT and enterprise application solutions. Since its inception in 1995, NetSol has used its BestShoring(TM) practices and highly experienced resources in analysis, development, quality assurance, and implementation to deliver high-quality, cost-effective solutions. Specialized by industry, these product and services offerings include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Leasing, Insurance, Energy, and Technology markets. NetSol's commitment to quality is demonstrated by its achievement of the ISO 9001, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by 162 companies worldwide. NetSol Technologies' clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. Headquartered in Calabasas, California, NetSol Technologies has operations and offices in Alameda, Adelaide, Bangkok, Beijing, Karachi, Lahore, London, and Riyadh.


To learn more about NetSol, visit www.netsoltech.com.

The NetSol Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7396


About Atheeb Group
Atheeb Group is a major diversified group established since 1985, based in Saudi Arabia and operating across the Middle East and in the wider region, Atheeb Group succeeded in the market, and it is in the stage of expanding its business in the region. Its business activities focus on Shipping Stevedoring, Medical Services, Information Technology, Telecommunications, Operations and Maintenance, Real Estate Investment, Contracting, Construction, Investment Banking and providing hardware and services to the Military. Atheeb's Group workforce is about 10,000 people led by a professional and well-qualified management team. They are guided by a clear mission and vision for growth, and a set of core values that include quality, professionalism, highest level of ethics and social responsibility.


To learn more about Atheeb Group, visit http://www.atheeb.com.

[setravis]

Thanks for all the follows ups on the stock !

Buy...
This company is on the right course.
This upcoming week should be big.
It is rated 97 79 99 A+ on IBD and listed on the paper's top 200 stocks.
This is a $1.90 stock or more and is in the paper twice.

[setravis]

RedChip Announces December 2010 Virtual Equities Conference
Conference Lineup Includes 13 China Small-cap Companies

Press Release Source: RedChip Companies Inc. On Thursday December 2, 2010, 11:17 am EST

ORLANDO, Fla., Dec. 2, 2010 (GLOBE NEWSWIRE) -- RedChip Companies, Inc. today announced that executives from over 20 emerging small-cap companies, including 13 China growth companies, will offer inside views on their industries and business strategies during a virtual conference on December 8 and 9, 2010, from 7:50 a.m. to 2:00 p.m. EST. The conference, the fifth in the 2010 RedChip Small-Cap Equities Virtual Conference Series, "Undiscovered Growth & Value Opportunities," offers a conduit for investors to discover companies who are in the shadows of Wall Street.



Allan Watson, Executive Director and founding member of NYC Trading Floor, will deliver the keynote address on both days of the virtual conference. Prior to starting NYC Trading Floor, whose goal is to provide active investors with comprehensive, real-time market data and professional trading services, Mr. Watson was the Head of Derivative Operations for Europe, the Middle East, and Africa at the Chicago-based Northern Trust bank. Mr. Watson is currently responsible for NYC Trading Floor's daily global markets insight and trading strategy newsletter and is now a regular contributor to RedChip Small-Cap Radio.



To register to view the webcast presentations at their scheduled times or to access the archived events, please visit http://www.redchip.com. Start times are subject to change; please visit RedChip.com on the day of the event for a final show schedule.



The 25-minute executive presentations will be webcast live at http://www.redchip.com and will be archived for a minimum of 30 days. A few of the presenting companies include:



-- NetSol Technologies, Inc. (Nasdaq:NTWK - News)



-- Seanergy Maritime Holdings Corp. (Nasdaq:SHIP - News)



-- China Chemical Corp. (OTCQB:CHCC)



-- Sino Gas International Holdings, Inc. (OTCBB:SGAS - News)



-- China Infrastructure Construction Corp. (OTCBB:CHNC - News)



For a full show schedule including presentation dates and times, please visit http://www.redchip.com/visibility/conferencePages/virtualconferences/virtualmain.asp.



RedChip's virtual investor conferences are offered throughout the year and feature emerging growth companies from a wide range of industries including oil & gas, alternative energy, biotechnology, manufacturing, industrial mining, basic materials, business software, Internet services, consumer goods, and more.



About RedChip Companies, Inc.



RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Beijing, China; Paris, France; and Seoul, Korea. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(TM), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV(TM), Shareholder Intelligence, Social Media and Blogging Services, Webcasts, and RedChip Radio(TM). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.



"Discovering Tomorrow's Blue Chips Today"(TM)



The RedChip Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2761


Contact:
RedChip Companies, Inc.Jon Cunningham1-800-RED-CHIP (733-2447), Ext. 107info@redchip.comhttp://www.redchip.com

[setravis]

You forgot to insert the HighLights...
Thanks for the updates 

NTWK Highlights:

- Global US-based software Co.
- Trading at a discount to peers (current PE is 9)
- 15 - 20c/share net income (per guidance)
- $40 - $44 million revenues or 20% growth
- $75 Million market cap
- Gross margins 65%+
- The CEO bought 279,000 shares on 12/10. Insiders bought 1.1 M shares in May, 2010...essentially buying 4% of all outstanding shares in the open market this year
- Explosive China growth. Will move into larger HQ
- New JV with company ran by the Royal family in Saudi Arabia. NTWK owns 51% of JV
- Global alliance with Mercedes Benz Financial....exclusive leasing/financing software provider for the German car maker
- Ney JV in Saudi Arabia with Atheeb Group ran by the Royal Family
- Buyout candidate

[setravis]

an excellent take on the stock...

Re: BOTTOM LINE -will go lower before it goes higher     24-Dec-10 10:01 am     Sorry Charlie,

You are out of your mind if you thinking that NTWK will see $1.5 again.

The next 5 weeks will be packed with news and positive developments. There is no time for a significant step back. In fact, this will go up steadily every week and will resume setting the 52-week highs every other day once it zooms past $2.2.

Here is a preview of coming attractions:

- Last week of the year. Historically, most stocks go up when the major indices have been up for the year.

- First week of January. We will hear about the transfer of ownership increasing NTWK's stake of profitable/cash-cow Netsol Pakistan from 58% to over 50% (an increase of 3c/share net income with all things being equal....this additional net income is not included in the current guidance).

- From now through the first week of February when the company will report 2Q 2011 there will be at least 3 contract announcements

- The "January effect" will force new investors and institutions to jump in and get a position before this one does a XOMA on us.

- As the PPS goes up more financial publications, stock analysts, etc. will jump in the bandwagon just like Thestreet did it yesterday.

- After January 15 investors will go after every available share because blockbuster earnings/guidance would be in front of us.

....and on and on...

Now, can you tell the your reasons for your "BOTTOM LINE" ...."it will go down before it goes up"? You really sound like our old friend Sam with your "what goes up must come down" investment philosophy.

I am sorry your were caught with your pants down and you missed this mini-rally. This is just a preview of coming attractions amigo. many missed the boat just like you did. But if you really think about it, $1.9 is really a bargain compared to $3+ in 5 weeks.

Good luck and Merry Christmas!!  

[oliverluck]

Important NTWK news today

NetSol Technologies Signs Strategic Understanding With SANY Auto Finance Co., Ltd. for Enhanced Financial Solutions and IT Services

SANY, One of World's Largest Machinery Equipment Manufacturers, Will Use NetSol's NFS(TM) in China and Globally for Its Captive Finance Companies
 

Press Release Source: NetSol Technologies, Inc. On Tuesday January 4, 2011, 6:55 am EST

CALABASAS, Calif., Jan. 4, 2011 (GLOBE NEWSWIRE) -- NetSol Technologies, Inc. ("NetSol" or the "Company") (Nasdaq:NTWK - News) (Nasdaq Dubai:NTWK), a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, today announced that it has signed a strategic understanding with SANY Auto Finance Co., Ltd.

The agreement was signed by NetSol's Asia-Pacific President Mr. Salim Ghauri and SANY Group Co. Ltd. President Mr. Tang XiuGuo in a prestigious ceremony in conjunction with the opening of SANY Auto Finance Co., Ltd. in Changsha. It signifies the intent of SANY and NetSol to be partners both inside and outside the People's Republic of China and stipulates that if SANY enters any international markets as a captive finance company, NetSol will be the preferred system vendor. SANY Group Co., Ltd. is among the top 20 machinery equipment manufacturers in the world, with $4.6 billion in sales during 2009 and 60% annual revenue growth from 2008.

SANY Group was recently recognized as one of China's Top 500 Enterprises of 2010, "Top Chinese Enterprise" by Forbes, "Brand with the Highest Growth Momentum in China," one of the "Top 50 Globally Competitive Chinese Companies" by Entrepreneur Magazine, and one of the "Top 500 Brands in Asia." It has also been honored as "China's Best Service Provider" by the Ministry of Commerce. SANY Group has 30 subsidiaries outside of China, exports its products to more than 110 countries and regions, and has operations in over 150 countries.

Mei Yonghua, General Manager of SANY Auto Finance Co., Ltd., said, "We understand that our choice of software systems is a crucial issue and one that can either reinforce or undermine the growth of our new financial business, and we are confident that we have made the right decision by selecting NetSol as our software vendor. Our new agreement also includes plans for significant additional enhancements and investment into the existing SANY NFS(TM) implementation in China."

Salim Ghauri, President of NetSol Technologies, commented, "This agreement is a unique opportunity for us to cooperate with a true global leader in the heavy machinery industry and will allow us to build on our existing relationship with SANY. By working closely to develop customized additions to the NFS(TM) platform that meet SANY's specific and evolving needs, we will also have the opportunity to apply these new features to our product offerings aimed at the finance and leasing software market, where we plan to focus much of our future growth efforts. We look forward to working with SANY on this initiative and believe that it will have significant benefits for NetSol, both financially and through the expansion of our feature-rich software portfolio for future clients."


About NetSol Technologies, Inc.

NetSol Technologies, Inc. (Nasdaq:NTWK - News) (Nasdaq Dubai:NTWK) is a worldwide provider of global IT and enterprise application solutions. Since its inception in 1995, NetSol has used its BestShoring(TM) practices and highly experienced resources in analysis, development, quality assurance, and implementation to deliver high-quality, cost-effective solutions. Specialized by industry, these product and services offerings include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Leasing, Insurance, Energy, and Technology markets. NetSol's commitment to quality is demonstrated by its achievement of the ISO 9001, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by fewer than 100 companies worldwide. NetSol Technologies' clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. Headquartered in Calabasas, California, NetSol Technologies has operations and offices in Alameda, Adelaide, Bangkok, Beijing, Karachi, Lahore, London, and Riyadh.

To learn more about NetSol, visit www.netsoltech.com.

[najeebkeepsbuying]

NTWK $1.86. Insiders Bought 1.4 Million Shares in 2010...Increased Institutional Interest....Exponential growth in China/Asia......Buyout Candidate.

Chart shows systematic accumulation at higher and higher levels. Once the stock breaks $2.15 it will never look back.

http://stockcharts.com/freecharts/gallery.html?s=ntwk

Target: $4+ after blockbuster earnings on February 7, 2011

This November 2010 contract announcement implies that 2Q 2011 to be announced February 7, 2011 will be stronger than previously projected (6c/share):

http://finance.yahoo.com/news/NetSol-Technologies-Signs-pz-2058899050.html?x=0&.v=1

Latest Developments:

- Insider Buy 1.4 Million Shares in 2010
- Several other institutions/funds increased their positions or started new ones. Blackrock Bought 4% of Co. in 2010
- Launched Atheeb Netsol JV with Royal Saudi Family
- New global alliances with Mercedes Benz Financial and China's SANY Corp.
- Will participate in SAP's EcoHub to introduce hundreds of potential customers its SAP-certified smartOCI search engine

NTWK Highlights:

- Global US-based global software company
- 15 - 20c/share net income
- $40 - $44 million revenues
- $75 Million market cap
- Gross margins 65%+
- 5-year average growth of 20%+/yer per guidance
- The CEO bought 279,000 shares on 12/10. Insiders bought 1.4 Million shares or 4% of all outstanding shares in the open market in 2010
- Blackrock bought over a million shares as well as other institutions
- Explosive China growth
- Controls 90% of the Chinese auto leasing/financing software market
- 0ver 20 Fortune 100 customers including Ford, BMW, GM, Mercedes Benz, Toyota, Nissan, Chase, Citi
- Global alliance with Mercedes Benz....exclusive leasing/financing software provider
- New SAP-approved procurement search engine built on "cloud computing" architecture will be a significant revenue engine
- Front runner in Billion-dollar in IT/software infrastructure and military mega-projects in Pakistan
- New JV in Saudi Arabia with Atheeb Group ran by the Royal Family
- Large contracts to be announced from now to 2Q earnings
- Great daily and weekly chart
- The Street Com Video last week says NTWK is best under-5$ stock
- US-based software company with offices in CA, Beijing/China, Australia, Thailand, the UK, Singapore, Dubai, Saudi Arabia, and Pakistan
- Buyout candidate

Further DD Links:

Buyout candidate. The CEO acknowledged during the 4Q 2010 Conference Call that there is significant interest in the acquisition arena. However he was very emphatic when he said that he would only listen to offers in the $8 - $10 range.

The company has met with SAP's CEO recently at SAP's Philadelphia headquarters. Some says that it is to discuss buyout terms. Here are some pictures of that event:

http://www.netsoltech.com/resources/netsol-sap-hq.php

Thestreet Com video recommending to buy NTWK:

http://www.thestreet.com/_yahoo/vide...1#722227923001

Significant insider buying.

So far this year insiders have purchased 1.4 million shares or 4%of all outstanding shares (enter NTWK in the window):

http://www.insidercow.com/


About NTWK:

Netsol Technologies, Inc. designs, develops, and markets software products for the automobile finance and leasing, banking, healthcare, and financial services industries worldwide.

It offers NetSol Financial Suite, which is an end-to-end solution that covers the leasing and finance cycle. The NetSol Financial Suite consist of software applications comprising 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 NetSol Financial Suite also includes LeasePak that develops Web-enabled and Web-based tools for the leasing technology industry. In addition, the company offers LeaseSoft Portals and Modules; enterprise wide information systems, such as LRMIS, MTMIS, and Hospital Management Systems; accounting outsourcing services; and career and technology programs.

Further, it provides portfolio management systems for the financial services industry; and consulting, custom development, systems integration, and technical services for the healthcare, insurance, real estate, and technology markets. Additionally, the company offers business intelligence, independent system review, information security, and software process improvement consulting services; maintenance and support, and project management services; and solutions for the defense and military forces. It serves Fortune 500 manufacturers, automakers, financial institutions, utilities, technology providers, and government agencies.

The company was formerly known as NetSol International, Inc. and changed its name to NetSol Technologies, Inc. in March 2002. NetSol Technologies, Inc. was founded in 1997 and is based in Calabasas, California.

Netsol has offices in 7 countries and it is expanding in the Middle East this year:

http://www.netsoltech.com/contact/office-location.php

[setravis]

Will start moving next week. Record 2Q earnings is too close and the accumulation at this level is about over.
Cup and Handel Pattern...

Day's Range: 1.82 - 1.90
52wk Range: 0.70 - 2.11
Volume: 385,500
Avg Vol (3m): 894,700
Market Cap: 92.54M
P/E (ttm): 21.72
EPS (ttm): 0.09
Div & Yield: N/A (N/A)


Technicals
Close Above the 13-day EMA

Last Price Quote is:
0.30%above 13-day EMA
10.03%above 50-day EMA
RS Rating: 34 

[najeebkeepsbuying]

On 1/14/11 Ativo Research reiterated their 10/8/10 "Strong Buy" rating on NTWK.

"Ativo Research projects as of this date that NTWK will GREATLY OUTPERFORM the market averages over the next 6 to 12 months leading to our decision of a STRONG BUY."

Ativo Research is a well-respected, conservative stock research company.

Ativo Research was recently named the #1 research provider by Fidelity investments:

http://www.ativoresearch.com/ativoresearch/Press%20Releases/FMR%20-%20ResearchAwards2Q09.pdf

More information on Ativo Research:

http://www.ativoresearch.com/ativoresearch/index.html

[ntwktoten]

Big breakout today on strong volume. Great start of a furious pre-earnings rally

[setravis]

Why are you posting with so many user nameson this board ? 
I have more to add to this query, will do add later, out o time for now.
One user name will do to post under, all others will have to go!

ntwktoten
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[najeebkeepsbuying]

A new 52-week high was established today. This great chart will show frequent new 52-week highs:

http://stockcharts.com/freecharts/gallery.html?s=ntwk

Here are a few reasons for the recent strong move despite bad markets:

- Technicals have improved significantly but it is still lagging strong fundamentals

- Explosive profitable growth (see related points below)

- The company will report record 2Q 2011 financial results and provide a strong guidance on earnings day (February 7, 2011).....based on guidance and recent developments (significant contract wins, etc).

- NTWK is a US-based software company with 8 major offices worldwide including the USA, UK, China, Thailand, Singapore, Australia, Saudi Arabia, and its largest software development hub in Pakistan ( low salaries/excellent workforce/high margins approaching 70%)

- NTWK's CEO recently re-iterated the 20c/share net income guidance on 20%+ revenue growth. He projects 20%/year+ growth for the next 5 years

- Insiders bought 1.4m shares in 2010, including 279k on 12/10 at $1.50 per share

- In response to persistent acquisition rumors, the CEO acknowledged in the 4Q 2010 CC that there are several suitors but that He and the Board would only get serious if the offers are North of $8/share

- NTWK currently has 90% of the China auto leasing/financing software market with customers like Mercedes Benz, BYD, Ford, Nissan, GMC, SANY Corp., Hyundai, BMW, etc.

- NTWK has hired 40 people in Beijing (and it's moving into a larger facility) to 1) support existing customers, and 2) to move/expand into other verticals like banking/lending, healthcare, energy, military, government

- Recent Global deals with Mercedes Benz and China's SANY Corp. are game changers for NTWK

- Professional certification in all major categories - CMMI Level 5, ISO 9001, 20000, 27001

- NTWK is hiring in Thailand for an significantly expanded operation

- In the last 3 months NTWK has hired over 100 software engineers/programmers, business development/marketing, and support personnel.

- NTPK (NTWK's largest subsidiary) stock in Pakistan is up 35% in 2 weeks

- NTWK has invested 15 employees in the Atheeb Netsol joint venture with Saudi Arabia's Atheeb Group. The CEO for 51% NTWK-owned JV is the the Royal Prince of Saudi Arabia

- There are already several SAP clients using cloud-computing-driven SAP-certified SmartOCI search engine.

- Conservative award-winning stock research company Ativo Research (Fidelity Investments preferred stock research company). Ativo rates NTWK a STRONG BUY with a max target of $5.16 and low target of $1.86. Note that at $2.07 is very close to the low target but with a lot of room to move up from this point forward. Ativo further states that NTWK will GREATLY OUTPERFORM markets in the next 6 to 12 months.

[najeebkeepsbuying]

Target was raised to $6 recently (see bottom of post). Take a look at the chart.....charts don't lie

http://stockcharts.com/h-sc/ui?s=NTWK&p=D&yr=0&mn=6&dy=0&id=p36258004094&a=222147265&listNum=1

Read about the many multi-million dollar contract signed in recent months. These licenses bring with them 5-year service and maintenance contracts thus increasing recurring revenues.

http://www.globenewswire.com/newsroom/headlines.html?symbol=NTWK

~NTWK could fly past $3+ after blockbuster earnings on February 10, 2011.

12-month target: $5+


Latest Developments:

- Insider Buy 1.4 Million Shares in 2010
- Several institutions/funds increased their positions or started new ones.
- Recently signed global alliances with Mercedes Benz and China's SANY Corp. as exclusive auto/equipment leasing and financing software provider. Currently working on software licenses and applications in nine countries where Mercedes Financial does business including India, China, Japan, Korea, Thailand, and others.
- Launched Atheeb Netsol Joint Venture with Royal Saudi Family
- Will participate in SAP's EcoHub to introduce hundreds of potential customers its SAP-certified smartOCI search engine

NTWK Highlights:

- Global US-based global software company trading at 9 PE and at a significant discount vs. sector peers
- 15 - 20c/share net income
- $40 - $44 million revenues
- $75 Million market cap
- Gross margins 65%+
- 5-year average growth of 20%+/yer per guidance
- The CEO bought 279,000 shares on 12/10. Insiders bought 1.4 Million shares or 4% of all outstanding shares in the open market in 2010
- Blackrock bought over a million shares as well as other institutions
- Explosive China growth
- Controls 90% of the Chinese auto leasing/financing software market
- 0ver 20 Fortune 100 customers including Ford, BMW, GM, Mercedes Benz, Toyota, Nissan, Chase, Citi
- Global alliance with Mercedes Benz....exclusive leasing/financing software provider
- New SAP-approved procurement search engine built on "cloud computing" architecture will be a significant revenue engine
- Front runner in Billion-dollar in IT/software infrastructure and military mega-projects in Pakistan
- New JV in Saudi Arabia with Atheeb Group ran by the Royal Family
- Large contracts to be announced from now to 2Q earnings
- Great daily and weekly chart
- Buyout candidate- CEO said at least $8/share
- The Street Com Video last week says NTWK is best under-5$ stock
- Headquartered in Calabasas, CA with offices in Beijing, Australia, Thailand, the UK, Singapore, Dubai, Saudi Arabia, Australia, and several offices in Pakistan

+++> Target Raised to $6

On 1/21/2011 Ativo Research raised its forecast for NTWK's price per share:

Forecasted upper limit: $6.00
Best Estimate: $3.00
Forecasted lower limit: $1.50

Ativo Research's Investment Conclusion:

Ativo Research projects as of this date that NTWK will GREATLY OUTPERFORM the market averages over the next 6 to 12 months leading to our decision of a STRONG BUY. Our decision is based on (1) valuation, which compares the firm's intrinsic value against the price of its stock, (2) intermediate and long-term price momentum, (3) other measures of fundamental trend and (4) qualitative analysis.

Ativo Research is a conservative award-winning stock research company that does research for Fidelity Investments and other large institutions and wealthy individuals. Google for Ativo Research for more info.