Why are we again at 10.5p bid?

It doesn't add up...

Good Results + Strong buying pre results + Christmas online buying soon = Price drop

Then again some companies that have debt for equity hanging in the balance, poor results and bankruptcy around the corner and they go up!

Why sell now at a loss?

Wont that be a kick in the teeth when we see 13.5p 14p again!

Best of luck all.

From Fundamentalist post 1128 , Am I right to think that the strengtening of the US dollar will be good for RTD. So the rise of US interst rates will not be a disadvantage after all....

RTD have earnings in US and more importantly currently in Australia. Hence, the higher the relevant $/ rate is bad for RTD.

ie $10m revenue at 1.8$ to = 5.6m
$10m revenue at 1.7$ to = 5.9m

Hence the lower the rate the better for RTD.

Also worth bearing in mind is the price of oil. A large part of RTDs business is the fuel cards in australia. The higher oil prices go, petrol prices go up, the spend on fuel cards go up and RTDs revenue from them go up. Hence when the interims are announced, I would expect very strong results from the fuel card business.

these are now trading on a future PE (on basic EPS) of 12. Market conditions are bad, all the indices are down with the tech ones hardest hit. IMHO this is now way to low priced, but then what do I know. I am topping up with more for the long term. Good luck all holders!!!!!

Douggie,

A severe hammering for all shares today. It also appears that a bunch of traders have been kicking RTD around like a football again.

As soon as normal service is resumed to the markets in general (could be tomorrow though more likely Wednesday), don't be surprised if there are some large upswings in RTD's price.

It's a roller coaster ride.

OG

Good call overgrowth....feel bit better now :o}}}} xfinger can hold and grow, not overly optimistic! longing to be proved wrong!!!!!!!!!!!! D.

Certainly rollercoaster back down 0.75p no apparent reason ?????????? ;~[[

A big fall today on thin trading, a real bargain now on conservative prospective p/e of 11. A tech stock with so much potential can easily treble in value over the next 6mths so forget short term blips and fill ya boots, this surely cannot go lower now.

Send Dougie back on holidays please!

I;ll go I'll GO wont cost you much well used to low cost hols. can't have any other spare cash tied up here!! :~[[[

Mms seem very eager to lower price on very little sell off, always easy to blame them, just hope it's not that these shares not worth as much as forcast

I'm with robstuff, but others dont seem so convinced

Still convinced, still holding. Nothing in the business has changed, if anything with current oil prices the business has probably got stronger short term. Current year forecast, which to me appear conservative, see the company trading on a forward PE of 11.3 based on basic earnings per share and aprrox 7 on adjusted.

Look at this share in the context of the market and yes it is down heavily recently but so are a lot of other shares in similar sectors - NSB for one. The Nasdaq has been weak hence the Techmark has been weak. As a share that had grown quickly RTD was more vulnerable than some to the falls we have seen.

But, as I said above, fundamentally nothing has changed, this is a profitable, growth tech company trading on a forward PE of less than 12. Interims due out early July I believe where we will get confirmation of strong current trading IMHO.

In this for the long term and convinced as ever by the strength of the company - the share price will reflect this in the long term IMHO.

It looks suspiciously as though someone's selling RTD via T trades in 100K chunks - this is causing the accentuated dips, and smaller weak holders predictably bail out (at precisely the wrong time) helping the trader make more of a killing.

Then, it looks as though when the price hits a low, they buy back the chunks again in T trades and wait for the inevitable rise. And so the cycle continues....

There is consistent buying support at 16p, and given an improvement in general tech. stock market confidence we'll see RTD back up to around the 20p level very quickly.

The volatility can be unnerving, though the fact that RTD is being traded in this way shows that there is confidence that buyers will always return at the right price.

I think I have posted this soemwhere else. But what exactly is a T Trade. Who is protected. Can any one do this.

T trades are trades with extended settlements over and above the normal T+3, giving the trader an opportunity to close a position without parting with any money. The broker will charge a premium for this service.

Thank you.

T trades I think are protected transactions which could be Institutional trading, not sure about the T+3 as i bought some on T+10 and it was shown as an ordinary buy. These now look stupendously cheap compared with other tech stocks - at p/e 12 and 1.5x sales. I do think this is excellent opportunity and have bought more as they should do well on interims very soon.

rob,

there is a slight difference here when a T is posted next to a trade as it goes througf that is the trade type and in this case a protected transaction.

When you refer to T+ trades, this is not an abbreviated trade type this is the time before settlement.

For example if you bought some shares on T + 10 (trade + 10) this means that you would not have to pay for those shares for 10 days after the transaction.

Regards

Ian

mornin all re. today I'm sayin nowt :o}}}}}

..............:o(((((((((((((((

well pulled back a bit

RTD held well today in the face of shorters who are still trying to eke out the last bit of downward leeway. When you start to see the "3p soon" messages appearing, you know that there's a bounce coming very soon.