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.

I'm guessing your saying, "abandon ship"?

or

"abandon hope all ye who enter RTD"

Right Ill try again in plain english:

RTD last results had a basic EPS of 0.5p per share. this gives a current PE Ratio of 35.

Daniel Stewart expects a basic EPS this year of 1.06p per share giving a forward Pe Ratio of 17.

My calculations give a basic EPs of 1.14p giving a forward PE of 15.5

This compares to Datacash which currently is loss making though is forecast to be on a PE Ratio of 35 next year. You would expect similar business to trade on similar PE ratios though DATA is trading on double the forecast PE of RTD for next year which is purely numerical terms makes RTD look very cheap relatively.

The Pe Ratio a company can command tends to represent the predicted growth a company can be expected to deliver.

In real plain english - I still think RTD is cheap and is undervalued compared to its peers. When the market will put a fair value (imho) is questionable. Hence, I am still holding for the long term.

Ahhh....i see. Thank you kind sir :o)

thanks fundamentalist for spending your time expalining this one, lesser experienced share traders like myself appreciate it. I`m holding a bigish stash and would expect it to take many motnhs to pick up by the sounds of things.

Sweat until the interims 6/9/04. Unless the market is still wobbly and the results are not as forecast it should go up to I think 20+ but unless the figures are VG unlikely to be above 30. We will not doubt see.

Mourning folks..Red again ;o\ .. thanks for your input Fundamentalist.

another crap day on the stock market

Douggie Why not go on holiday again. I'll help you pack!!!

What a funny market.

I wish I was watching from outside it.
For a while with the amount of selling going of smaller companies and tech support service shares I wondered how low we would get and how much pain I could endure.

Seems to be sorting itself out again. Are or have any of the institutions, or investment companies been flogging off their tech, software and support service shares in small amounts.

Are they expecting a bigger drop or is it change of policy to-wards holding equities in general.

Nother day nowt to say :o(

Fred1new I can pack o.k its the cash I need help with ;o\

and by the way mourning all

:o(((((((((((

UP 2 days in a row.

Nice to see a 300k buy - just to keep the momentum going, so to speak.

blue :o)

Wow 3 blue days, Who has gone on holiday???

Forgot to say that this month's Hargreaves Lansdown Penny Share Prophet has RTD as a buy - nothing new added.

Interim results 10th Sept.

29/07/04 10:42 Notice of Results RNS

Pity could't hold early gain............ ;o\

Douggie are you back off holidays again. Hell of a lot of selling to-day!!!