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.

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.

What is going on sells at 10/1 to the buys?
With the statement so close, something we don't know about? or just a tree shake?

;o[ ????????????????

There is of course no guarantee that there will be a trading update, we are just assuming that there will be on past evidence. The buying is likely to start post a trading update or in advance of the actual half year results (this is what has happened in the past).

Personally I expect a trading statement which will say in line with forecasts (hopefully it will say exceed on the back of oil prices and the Aussie fuel card performance). Of more interest to me will be to see the progress made on CNP when the actual results come out and whether this is now in profitability in itself. A few more contract announcements would be good though they are likely to be with the half yr results (if past evidence is relied on).

Still happily holding for the long term

Greetings to all holders.

Tokyo........... I think the lack of volume speaks volumes.

I don't think there's anything to worry about with only 1 million shares traded.

Good luck to all.

And Douggie......... stop looking so miserable.

Regards

Amar

.... ;0| tight lips, stifupper

Well folks into July now - will we or won't we get the early July trading update ? the answer will be revealed soon. The end of the week normally has some reasonably healthy mopping up of RTD shares - let's see. It is possible of course that institutions are back in and the recent depression in price is nothing to do with sentiment/company prospects, but more to do with the MMs working the price to ensure that the big boys can buy in at a pre-defined bargain level e.g. 17p. I don't think we should complain if that's the case.

Alternatively, the price is relatively stable at the moment - is this because oil has come off the boil and everyone thinks that RTD is essentially just a fuel card business? - if so, there could be a nice surprise in store for those of us who are "in" already.

And here it is:

"Retail Decisions plc

Pre-Close Trading Update

Retail Decisions, the fuel card operator and world leader in fraud prevention
and payment processing, is pleased to announce that trading in the first six
months, to 30 June 2004, has been encouraging and in line with the Group
achieving full year market expectations.

Trading has been particularly strong in the group's Australian fuel card
business, where new card sales and high average fuel prices have contributed to
better than expected revenue and margins being achieved. This strong position
has offset the adverse foreign exchange translation impact of the weakening
Australian Dollar, which has fallen by around 10% against Sterling since the
start of the year.

In the group's fraud prevention business, progress has been encouraging in the
important 'Card Not Present' (CNP) sector. More than 40 new merchants have been
signed up in the first half, helping to lift CNP transaction volumes by over 50%
compared to the same period last year. In the 'Card Present' (CP) sector, the
group benefited from higher than expected licence sales of its PRISM software
product, including the previously announced contract with Bankserv in South
Africa. PRISM is leading edge neural network technology that identifies changes
in transaction patterns to help prevent fraud.

Looking forward and extrapolating the results for the first half into the
second, the Board believes this supports its view that current full year market
expectations will be achieved. It therefore enters the second half with
confidence.

It is expected that the group's interim results for the six months to 30 June
2004 will be published in the week commencing 6 September 2004"

And the bid sell begins, why does this always happen with RTD?

I see nothing in the statement that makes me want to get out, I'm in until at least September, and then who knows, all depends on the results

Good luck all

Tokyo

Well to me this a positive statement (RTD tend to be quite negative with these on past evidence).

They say trading is in line with expectations however :

In the Aussie fuel business revenues and margins are better than expected, CNP transactions have grown by 50% with 40 new merchants signed up (and the full benefit of these will not have filtered through yet) and in the CP market higher than expected sales of PRISM. Yet the sum total of this is in line!

That said the market seems non-plussed with the SP popping up then dropping back to where it started with more sellers than buyers.

;o|

as usual only response negative trading ;o{

no interest here too

Long term interest Douggie.

Patience!