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.

OG delighted to comply a good day (I'll not spoil it by saying may it be the first of many)shhhhhhhhhhhhhhhh. [I wonder if I could get the board of CYH to follow RTD example,many simularities that share is realy getting stuffed]

have a great w/e all best wishes Doug. :O}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}

Douggie

Please edit your post & put some spaces in your smile.

Your smile is too wide & means we have to use the horizontal scrollbar to read messages.

ooooooooooooops sorry didn't know that could happen.

by the way I have often wondered why I'm the only one with 'edit' on all my posts ???

Douggie - Well all have the edit facility, but we can only see our own.

edit. and edit our own. :-))

thanks prodman another tiny bit learned. ;o))

Thanks Douggie.

:-))

You wouldn't want others to edit your messages & put frowns into your mouth now would you!

If you folks might be thinking of topping up soon, best to get in first thing Monday - RTD tipped in "Red Hot Penny Shares" this weekend.

glad I topped up last week when the prices were low. Does anyone really think the management will go through with this buy back scheme?
Next week is going to prove very interesting

HL's Penny Share Prophet (yesterday) also tips RTD as a buy, predicting pre-tax profits of 6.5m for yr end, and a prospective PER of 11.7. I hope the last trading statement, suggesting that trading was in line with expectations, was not an attempt to cool the market prior to a declared management buy-out. I assume not but I was a bit surprised the statement did not at least say "trading at the top end of expectations".

Pachandl - There are many ways in which the statement can be interpreted - However, there are also strict rules to follow in releasing statements to the market - Perhaps the most likley conclusion is that trading is therefore in line with market expectations, no more/no less, and is NOT therefore at LEAST at the top end of expectations, as that would be misleading.

That is not to suggest that a later statement will not be forthcoming.

FV - please read my previous post properly - I did not say "at least at the top end of expectations", I said that I was surprised the trading statement did not at least state "trading at the top end of expectations". The quotation marks are rather important.

Tokyo - I reckon the management buy-out/Nas listing story is a PR ruse to heighten interest over the weekend. With RTD being tipped all over the place also, we could well see enough buying to push RTD through resistance levels steadily throughout the week and keep the price at a sensible level.

FV, I agree that trading is exactly in line with expectations - the amazing thing is that those expectations value the company at around 30p per share - so any price substantially below that level must be an outright bargain.

OG/FV - I am happy to believe your analysis - any chance you could provide the specific analysts' expectations? Cheers in advance.

UK's Retail Decisions on track to double profit

(Adds analyst comment para 9)

By Lara Smith

LONDON, July 1 (Reuters) - British credit-card fraud-prevention firm Retail Decisions Plc (LSE: RTD.L - news) is on track to meet forecasts for a doubling of profits this year, despite fears of a consumer slowdown, it said on Thursday.

Household debt in Britain and Australia, where the company is the largest issuer of multi-branded fuel-purchase cards, has ballooned in recent years on the back of low borrowing costs and a housing boom that has sent house prices rocketing.

But interest rates have been rising in both countries and are expected to climb further in a bid to curb consumer debt.

Retail Decisions said trading at its Australian business had been particularly strong in the six months to the end of June, driven by new card sales and high fuel prices.

In its core fraud-prevention business, which specialises in Internet and telephone transactions where credit cards are not seen by retailers, the volume of transactions was up more than 50 percent from the same period last year.

Licence sales of its Prism software, which identifies transaction patterns to help detect fraud, were higher than expected, it said.

Retail Decisions says 21 billion purchases are made each year on one billion credit cards in circulation worldwide.

Industry analysts expect Retail Decisions to report pretax profit of around 6 million pounds for calendar 2004, compared with a maiden profit of 2.9 million pounds last year. "Trading in the first six months... has been encouraging and in line with the group achieving full-year market expectations," it said.

Given that 85 percent of the company's profits are currently made in Australia -- expected to change as the fraud-prevention business grows -- analyst Nick Hyslop of housebroker Oriel Securities said he would maintain his full-year forecasts, taking into consideration currency fluctuations.

Retail Decisions shares were up 1.5 percent at 17.7 pence at 1115 GMT. The stock has almost tripled over the past 12 months, peaking in February at 28p on market speculation of an imminent takeover bid.

It expects to announce half-year results on September 6.



Retail Decisions Plc
Trading Statement
1 July 2004

Key Data Market Cap 50.85m Enterprise Value 46.65m Shares in Issue 289.773m Est Free Float 78.7% Gearing N/a Net Cash (Debt) 4.2m

Next Results Interims Sep 04

Research David Johnson 020 7847 0399 david.johnson@danielstewart.co.uk Roger Tejwani 020 7847 0380 roger.tejwani@danielstewart.co.uk James Hollins 0207 847 0386 jmes.hollins@danielstewart.co.uk Sales Tom Jenkins 020 7847 0370 tom.jenkins@danielstewart.co.uk Daniel Willmott 020 7847 0364 daniel.willmott@danielstewart.co.uk Sebastian Wykeham 020 7847 0362 sebastian.wykeham@danielstewart.co.uk Alex Davies 020 7847 0359 alex.davies@danielstewart.co.uk Daniel Stewart & Company Plc 48 Bishopsgate London EC2N 4AJ Tel: 020 7374 6789 Fax: 020 7374 6742 www.danielstewart.co.uk

Retail Decisions (RTD.L), the fully integrated risk management solutions and payment processing provider, has today issued a positive trading statement, indicating that trading in H1 2004 has been encouraging and in line with the Groups expectations.

Stronger than expected trading in the Australian fuel card business, driven by both new card sales and the record oil price,has contributed to better than expected sales and margins. This has offset adverse currency movements due to the weakening of the Australian dollar and we are not currently adjusting our forecasts.

Trading has also been impressive in the other divisions, with the core card not present (CNP) operation signing up over forty new merchants, delivering a 50% increase in transaction volumes compared to the same period last year. These sales are on a transactional based revenue model, and as such offer a highly scaleableoperation with significant potential for margin increases.

The company has also renewed contracts with a number of key customers. RTD.L has also generated higher than expected licence sales in its card present(CP) division. We do not regard this as a key growth area, and as such have minimal contributions in our forecasts from this division.

We are not upgrading our earnings estimates at this stage, however we would flag the potential for substantial earnings upgrades driven by both new contract wins and the scaleability inherent in the business model. RTD.L is the market leader in a growth industry, with payment processing and risk management no longer a discretionary spend for on-line operations.

The Company is currently trading on a forward annualised P/E of 11.5x, approximately a 45% discount to the sector average. We consider this rating to be unjustified, and recommend BUY.

Thanks OG - I withdraw my earlier remark that suggested that management might have been intentionally over-cautious in its statement re analysts' expectations.

Nice mark up and buying forst thing - lets hope it continues

Looks as though it will - 2M volume before 8:15 is looking very healthy. Point and figure charts triggered a strong buy at 18.25p also, I've just read elsewhere.

:o}}}}}}

whats going on............more than 3 million trades already........good stuff

Wait for the selling at the end of the day.

I am holding for 25p, but can't see reasons for higher predictions