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.

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.

I am fed up of editing my own thread.
Before anybody shouts, I know the revenue declared is modified by dollar to pound etc.

I wonder if the 1/4 million buy was a director?

Apple
your right in what you say but the perception that they give is not brilliant i hold 25tho of these which im about 2% down but i wont sell as i think it will come thro eventually i will wait and see but a growth of revenue of 5% is not exactly mind boggling as i said more deals with big companys and details of what they are worth ie m/s deal i am slightly dissapointed with todays rns as i expected maybe a bit more pr on future projects and hopes etc as they announced m/s deal before today i would of thought releasing it today would of made the day seem better its all about perception and what people think now as most of the volitility has gone now that alot of the day traders etc have lost their dosh and i dont see any major inst rushing to buy which would be welcome !!
prob is its got a label of a dog share which only good pr/deals will get rid of ......but as iv found sometimes dog shares can make you rich !!!! just a bit of patience is req and not to keep watching the trade pages as they are a total waste of space (dougie)
take a look at my jkx thread was in @ 20p holding 50tho now sold !! share price now over a 1

biffa18

The directors have confidence, that is why they bought at a higher price than this.

They don't announce things until they are sure, which is a good thing.

Good PR does not need to be aggressive.

I would rather have a low key approach than buckets of hype which people cease to believe after a while.

& as I said, aggressive PR would be against their interests at the moment.

Also the low key approach makes them look very responsible.

well we will see what happens i will sell if drops to 12p but i dont expect any sudden up rise unless more big deals are done not in the near future anyway