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.

According to another BB, the chartists believe we have been in a falling wedge (on reduced volumes). This has now converged to the 200dma which is a very positive/bullish signal.

Also, we are now less than 20 workings days from the expected date of the trading statement so personally I would expect any shorters to be looking to close and the T10/T15/T20 traders to be looking to buy in. It is also rumoured they have won another large contract which is yet to be announced (on the customers say so).

IMHO everything is positive for the long term. This share like many small caps has suffered recently but it can only be suppressed for so long

As for the half yr trading statement at worst it will be in line with forecasts but hopefully will exceed. With oil prices and a favourable exchange rate the Aussie card business should produce much improved results. We know the CNP business is growing at a fast rate and gaining new contracts. A few more with the trading statement would be nice.

Once these results are out, more substance will be given to the brokers notes with Buy recommendations and a target price of 31p. They may even increase their target price depending on the half yr EPS!!! (next yr forecast basic EPS of 1.4p gives a forward PE of about 12 and a PEG of about 0.23)

So IMHO all the news is very positive, the only recent negative has been the share price. Personally, as I have said before this is a long term buy and hold for me, I have a large amount in the ISA from 10p/11p and some more in a trading account from just below 16p. the ones in the ISA I expect to hold for several more years as for me this is a genuine growth story company and it may take a few years for its full value to be achieved. (i also think that people are very focussed on Chip and Pin and think this is the big area, however this is actually more likely to drive fraudsters to CNP crimes - perfect for RTD)

All IMHO and DYOR if buying in (just in case I get accused on the ramping thread lol!!!)

When is the expected date of the next trading statement?

Last year the trading statement was on 7th July (a week after the half yr end) hence would expect similar this yr

Fundy! Cheers again.
I'm with you all the way.

Amar

morning all slight rise this morning

Back to level - surely there must be some sort of stock overhang?

Is there any chance we could see the dizzying heights of 26p again this year?

Not until mid July :-)

I hope your right my friend

Incredible in it 0.5p = 3% gain when sell/buy is reported 5/1???????????

not complaining just bemused !!! ;o~}}

Douggie,

Very small volumes but nevertheless increasing!!

Protected buyer in the wings soaking up all the sells.

When the deal is done, we'll need more volume to keep the price moving in the right direction. The timing for this should be just about right given the date of the expected trading update.

any thoughts on share price expected on the build up to the July announcement, am I expecting too much at 23pence? & 26 pence in September from these new contracts and rising oil prices

Tokyo - if you are "expecting too much" then I, for one, am very worried. I was really hoping to test 27p by the time of the trading update but I am beginning to doubt that now. It looks like RTD is going to be another share that I hold for the long-term!

Tokyo

I hope you're not but with the way this has been played recently who knows. I dont see expecting 26p+ as a problem - when it gets there is a whole different story. Once some more evidence (trading update) is available then I expect the interest to grow in this again. Still holding for the long term

I increased my holdings yesterday, so I hope we are all right, as I'll be needing another holiday soon. The humidity in Tokyo is killing me

nice bit o' blue good excuse to get thread back on front page!
congrats Tokyo hope it continues up to give you hol. of lifetime x/f

Some larger sized trades going through - wonder if we starting to see the T20/15/10 brigade in advance of trading statement.

Well ..well up on week ...and didn't go down today in spite of thin neg. trades, so look f'wd xfinger nextweek. best wishes all. :o}} {{O:

The good news is that with neligible volumes, this means that RTD isn't plauged by excessive T-trading, so we can expect further rises after good news rather than a sudden spike then fallback in price.