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.

Am seriously thinking of cutting my losses & bailing out.
The new Norwegian contract, though not due for completion until 2009, seems to have had no effect on the company's standing in the market. Looks to be dead in the water, imo.

Harrycat,i did some two months ago,and then felt uneasy that good news would send sp into orbit.

Capetown, any chance you can varify post 1223 ?

No need,i sold in april,why do you need me to varify?,i am glad i sold,but did not post to that effect as this is looking gloomy as it is.

ct, since 1205 and 1214, you've rearly gone negative, do you know something we mere mortals don't?

If i did i would post to that effect,i did not like the last RNS,and my gut feeling was to sell,so i did.

I thought the rns was good news, one more less to feed, lol. (sco looking good)

Looks like 7.4m shares traded today, which is only about 22k at today's price, but high volume nevertheless. Mostly buys.

I topped up with 118,000 to round my holding off, my altzimmers is gitting wars by the day, so I hive to work on even nimbers.

I don't think idd are going to save the world anymore, chip and pin are easily copied, identity cards didn't save all the poor bisturds that died in London, so it looks like trying to save people money by having one card that covers identity, driving licence and passport, which might work in this environment, could save the government tens of millions.

Have a nice weekend.

So, on what basis did you buy then, if you don't see much of a future for IDD?

Swiss banker bort at 1.1p, I like Swiss *ankers.

Aah! Sound strategy! :o)

You were right to sell capetown, .3p to buy now, wudda,cudda,shudda.

Best to hold on at this price,i put my idd dosh into rift,and sold half my rift holding,
recovering my IDD loss,
The upside for idd could be spectacular from where it is now,BUT,i dont see the last move by Mr Cox as helpfull to IDD but advantageous for its subsidiary,which realy hacked me off.
Good luck.

canada1
Pleased to see this back up for you,
You know what to do if it should fall back to previous low again?,top up!,
Its done this twice before when the market has gone down,.30 seems to be a support.
Good luck with it.

Hey canada1
talk about double youre money!!!!

Are we expecting good news?

Thanks capetown, I also got a 500% rise out of another share of mine, just a pity I didn't sell them before they crashed to nothing. I couldn't make money on the stock market if they sent it me in brown envelopes.

Canada,just a thought,could it be that there may be a large buyer in the background?,or a possible hostile bid for the company ,as at this price it must be a steal for a competitor with the dosh?.

Yes, that's what I was thinking. I'm preparing myself for a 1p takeover and a big loss for me !