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.

All good for some blue this week!!

LONDON (AFX) - Retail Decisions PLC said Marks and Spencer PLC will become the first client to use its newly launched fraud screening service for cheques.

M&S, one of the UK's largest accepters of cheques, according to Retailing Decisions, will use its cheque fraud screening service throughout UK stores as part of its fraud prevention plan.

The company said non-card related fraud preventing services will become increasingly important to retailers after January 2005 when 'Chip & PIN' arrives in the UK.

Carl Clump, chief executive of Retail Decisions, said: 'Retailers should not be lulled into believing Chip & PIN will solve all fraud problems.

'The British Banking Association is already advising high street banks that fraud will migrate from cards present transactions to the next weakest links in the payment chain, which are almost certainly going to be cheques and Card Not Present transactions.'

newsdesk@afxnews.com

Nice timing for this statement in the lead up to the interims - all eyes focussed on the statement regarding the potential patent infringement.

Just bought another Tranche of RTD at 16.2 on the strength of the above and folowing.

Retail Decisions PLC
13 August 2004

Date: For Immediate Release, Friday 13 August 2004

Contacts: Carl Clump, Chief Executive
Richard Amos, Finance Director
Retail Decisions plc
Tel: 01483 728 700
Website:
www.redplc.com


Alistair Mackinnon-Musson
Philip Dennis
Hudson Sandler
Tel: 020 7796 4133
Email:
red@hspr.co.uk



Retail Decisions plc

Share Price Movement

The Board of Retail Decisions ('ReD'), the fuel card operator and world leader
in card fraud prevention and payment processing, notes the recent movement in
its share price.

The Board is also aware of an action that has been filed in the US by
CyberSource Corporation, one of ReD's competitors. The action alleges a patent
infringement in relation to one of ReD's card fraud screening services,
ebitGuard, which operates in the 'Card Not Present' ('CNP') market.

In the first seven months of the current financial year (to July 2004) ebitGuard
accounted for approximately 3% of ReD's group turnover and considerably less of
its operating profit.

The Board of ReD is investigating CyberSource's claim, but at first glance it
knows of no patent infringement and therefore believes the claim to be without
foundation. If this proves to be the case upon further investigation, ReD will
defend its position vigorously.



-ENDS-


This information is provided by RNS
The company news service from the London Stock Exchange




Retail Decisions says US competitor filed action alleging patent infringementAFX
LONDON (AFX) - Retail Decisions PLC said CyberSource Corp, a US competitor, filed an action alleging patent infringement in relation to its card fraud screening service ebitGuard.The company said 'at first glance' it knows of no infringement and believes the claim to be without foundation. 'If this proves to be the case upon further investigation, ReD will defend its position vigorously,' it added.Retail Decisions said in the first seven months of the current financial year ebitGuard, which operates in the 'Card Not Present' market, accounted for approximately 3 pct of its turnover and 'considerably less' of its operating profit.The company made the statement in response to a fall in its share price today, which lost 4 pence, to close at 13.newsdesk@afxnews.com




Retail Decisions wins Marks & Spencer cheque fraud screening contractAFX
LONDON (AFX) - Retail Decisions PLC said Marks and Spencer PLC will become the first client to use its newly launched fraud screening service for cheques.M&S, one of the UK's largest accepters of cheques, according to Retailing Decisions, will use its cheque fraud screening service throughout UK stores as part of its fraud prevention plan. The company said non-card related fraud preventing services will become increasingly important to retailers after January 2005 when 'Chip & PIN' arrives in the UK.Carl Clump, chief executive of Retail Decisions, said: 'Retailers should not be lulled into believing Chip & PIN will solve all fraud problems. 'The British Banking Association is already advising high street banks that fraud will migrate from cards present transactions to the next weakest links in the payment chain, which are almost certainly going to be cheques and Card Not Present transactions.'newsdesk@afxnews.comma/ab

Nice RTD back on the up again :-))

Rumour has it that the patent hassle is a PR stunt by Cybersource to heighten their own profile before RTD hits the Nas.

Blimey - RTD in the blue for two days running, another rise due tomorrow and no comments ?

It's all gone quiet on the run up to Friday ?!?!

Looks like not many expect much of tomorrow!!!...sadly anticipate more red :o(


let me be wrong............................please ;o)

Have faith Douggie. Level 2 is now all blue!

Another right cliffhanger this is ! Hope this goes up instead of down (PXC was bad anough)

well this news reflect in cardcash`s favour!!!!!!!!!!

Interim Results

The Board of Retail Decisions ('ReD'), the fuel card operator and a world leader
in card fraud prevention and payment processing, is pleased to announce its
Interim results for the six months to 30 June 2004.

Highlights:

Profit before tax more than doubled to 2.5m (2003: 1.1m)
Adjusted* profit before tax increased 23% to 3.2m (2003: 2.6m)
Adjusted operating margin up from 19% to 22%
Basic EPS more than trebled to 0.52p (2003: 0.16p)
Group revenue from continuing operations increased by 5%
9% increase at constant exchange rates
Excellent performance in the fuel card business
24% increase in adjusted operating profit
Strong performance in the Card Not Present fraud prevention market
22% revenue increase at constant exchange rates
40 new contracts signed during period

* adjusted profit numbers refer to the relevant item stated before charges for
goodwill amortisation and exceptional items.

Commenting, Carl Clump, Chief Executive of Retail Decisions, said:

'We are extremely pleased with these results. It has been a strong first half
performance. Excellent progress has been made in the Fuel Card business and also
solid progress in the Card Not Present market for fraud prevention, with a
number of significant contract wins.

We are seeing the benefits of the strategic actions taken over the past four
years and now have a group with a strong business model and successful
operations in profitable niche markets. We are well placed to take advantage of
market opportunities and with a strong first half behind us we enter the second
half with confidence'.

A good set of results and a more positive forward looking statement than normal from CC. Stance on the patent infringement is unchanged.

wonder how these are going to affect share price today, the usual mass selling or perhaps a blue day as people climb back on board?

red so far............no trader confidence ..what will it take? ;-/

Typical results day for RTD - good set of results - opens blue then slips to red.

In answer Douggie, in the short term the resolution of the Cybersource allegations would be a good start

Oh sh*t why have I remained optimistic and held this share!!!!!!!!!!!!

1.25p..8% gone already

Douggie, I have the same sentiments mate ! This is another pile of pants like PXC !... but.. it's still a good company and some day will the SP will rise to where it should be. Just not sure how long it's going to take..

i think prob with this share is that it cant shake off the past where mistakes have been made etc ,the management dont come across as very dynamic , no matter what the truth is taking on someone from cyber then 5 mins later being hit with a patent case doesnt bode well, the statement tho is good, he also mentions he is confident of there being underline growth in company but that wont push share price up unless we see some large contracts being signed ie m/s,and some agressive pr in the coming months but i wont hold my breath !! waiting

biffa18

The directors bought at higher levels than this but I don't think that they are bothered about aggressive PR at the moment, they are busy building the business & won't be too upset if the price falls in the short term because it will give them a chance to buy some more at a lower price.

I think that they will watch the price over the next few weeks or months & take advantage when they can. I WOULD & in the short term, I wouldn't be making aggressive PR statements that make me pay more for the shares.

Here'a a thought for you, what would you do in their fortunate situation?

I think now is not the time for shooting yourself Douggie.
I think some of the problem is that although EPS is good and up, Revenue is only 5% up. (See below)This may be the fly in the ointment. I will still hold this share for the future. ? what M&S deal is worth.

"Earnings per share for the period more than trebled to 0.52 pence per share from 0.16 pence while revenues increased by """"5 pct"""!!!! to 15.4 mln stg from 14.7 mln, driven by excellent performance in the Australian fuel card operation and strong performance in the the Card Not Present fraud prevention market."


Although there has been some reasonable size sales there are also some reasonable buys buys. No institutional sales obvious. I think you will see a rise in price again thro' the coming weeks.
PS The directors of this company have always been cautious in proclaiming the future and appear scrupulous in their dealings.
Good luck.