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.

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.

Canada why would you sell now??

Just testing the strength of the upswing, been caught before, so taking profits this time.

Without being too forward, I would suggest 'cos he is taking some profit as he is not confident that the rise will continue, as there is no clear reason fot it.
Don't panic, capetown, but if you get the chance to bank some profit, might be worth top slicing.

The tax relief has gone now as well, so I believe, so might as well trade.

ID Data Group Plc (AIM:IDD), the smart card solutions and outsourcing business,
was notified, yesterday, that Dexapoint United Corp ('Dexapoint'), a fund
managed in Zurich, Switzerland has acquired 195,875,000 ordinary shares in
the capital of ID Data at a price of 1.1 pence per share (value 7 January 2008),
valuing the stake acquired at £2.15 million. This represents 14.8 % of the
equity and voting rights of ID Data. These shares were previously held by RAB
Special Situations Master Fund.

Commenting on this transaction Peter J Cox, CEO of ID Data, said:

'I welcome Dexapoint as a new major shareholder in ID Data and I hope that this
investment may lead to the introduction of additional card related business to
ID Data's production platforms and assist with the development of strategic
relationships through Dexapoint's other card related investments.

Will DEXTA bid for IDD?

Something is begining to happen here i think?