Activities

Provision of secure transaction systems and services to the international banking, telphony, retail, and security markets, using a range of smart and magnetic card solutions

In the recent Agm the chairman said "the company has made a positive start to the financial year and the board remains optimistic about prospects for the business."

Pre-tax losses have also nearly halved from 6.4 mln to a loss of 3.4 mln on cost cutting. They have also had a successful fund raising.

Also chart indicators show that it may be time for the next leg upwards past recent resistance at 7.5p. and please remember you are responsible for the timing of your own buying and selling actions.




gf.

love and christmas greetings to all idd posters ! I hope we have a better year,idd has been surprisingly disappointing ,something is keeping me in though!

Red again, that's more like it, good old idd. I spoke to Stuart Dawkins from Alliance & Leicester about their recent purchase of the pre-paid card company. The company already made the cards for AL., they just want the business inhouse because he reckons the market is going to be huge, so even without the identity card, the pre-paid card might get us in the black. (Where's that straw?)

WHY sell now?

I expect it's the same reason across the market capetown, anything that doesn't make a profit is in the toilet, ght just raised money at 110p, now 53p, nng raised money at 3p, now 1.25p.

On a lighter note, has anyone noticed that since idd left the UK and went to Poland, half the Polish population has left Poland and moved to the Uk?

Thats me in for another 100,000. I am putting these in my top drawer as I feel in a years time they may have to come out. 2008 will be a great year. Fingers crossed. Merry Christmas everyone.

i hope your right grandad! have a good christmas

Have a look at hig, just floated on the 24th, another pre-paid card company.

Rahn & Bodmer, the oldest private Swiss bank in the Zurich area, buy 195,875,000 idd shares at 1.1p !!

being the oldest,they have either lost thier marbles,or know something we do not,i prefer the latter!

"LONDON (Thomson Financial) - ID Data Group PLC said RAB Capital PLC agreed to transfer 195.875 mln shares of ID Data to Rahn & Bodmer Banquiers GmbH at 1.1 pence per share, on Dec 19."

This is not a new purchase, just a shifting of stock. You could equally argue that RAB have got fed up with waiting.

Harry,i am fed up of holding these,but not selling at these prices,and it is looking better now than it has for many a year.

Tell me about it!!! I only bought 30K shares a couple of years ago, but am still sitting on a loss & not realistically expecting to see a profit in my lifetime. When I need to show a loss for CGT purposes, these will be the first to go!
BUT, you never know. They may get swallowed up by another company which would improve the sp temporarily. I wish!!!

Rab bort at 1p, HARRYCAT, also bort some at below 1p, so they sold at a profit, to a Swiss banker with a great reputation for making money. Even if it's just parking the shares, I expect they will have to pay more to get them back.

I really cant understand why this news has sent the sp up 50%,nothing has changed!!!!

Yes ct, just like vog !!!

canada you could argue they were or both are OVERSOLD!,which proves patience is a virtue.Look at FEP

Yes fep looks like rift, loads of profit to made if they can get the stuff to market. Idd did mention 450 million European identity cards, so as they've gone from the UK's leading card manufacturer to Europes leading card manufactuer, (according to them), they might have another country looking at their card system.

SORRY,something else HAS to be going on???

Looking strong at the moment, just sold 100,000 at .66p and the price is holding.