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.

pachandl - it's only sentiment keeping RTD down. Keep a very close eye on large buys over the next two months - it appears that a very astute institution is buying in using Jesse Livermore tactics!

OG - you may be correct although I do not have access to such information. Anyway, I remain reasonably confident of RTD's medium term performance but not expecting firecrackers in the next couple of months.

Suprised nobody has posted the new BUY note.

Here it is Happy

danielstewart.co.uk 21st September 2004 RTD.L 15p BUY

Retail Decisions (ReD) has announced that The Finish Line, a leading athletic speciality retailer, will use ReDs risk management service for its e-commerce transactions on its FinishLine.com web site. The contract is significant in that FinishLine.com was previously using the fraud screening tool from CyberSource, ReDs main competitor in the Card Not Present (CNP) segment. This follows a number of contract wins from CyberSource (e.g. Register.com and Walmart) and against CyberSource in head-to-head situations (e.g. Odimo).
The comments from Kent Zimmerman, Finish Lines Director of E-commerce, that the previous solution was resulting in too many valid transactions being declined, reflect a key area of ReDs competitive differentiation. ReD has a very strong pedigree in fraud management (16 years) and is able to offer a more sophisticated solution: maximising customer revenues whilst providing sufficient protection against fraudulent transactions. As previously discussed (see Interims Note 13th September 2004), competitive differentiation has moved from simple online payment processing into three areas: availability of a licensed software solution, risk and fraud management capabilities and support for cross-border payments. ReD scores highly in risk and fraud capabilities.
The contract win is also instructive in the ongoing patent infringement action brought by CyberSource. Whilst only a small proportion of such cases ever reach court and it relates to only 3% of total ReD revenues, the action will continue to hang over ReDs share price. The board is investigating the claim but is aware of no infringement and believes the claim is without foundation at this stage. If this proves to be the case on further investigation, Retail Decisions plans to defend its position vigorously.
Forecasts, recommendation and price target of 31p remain unchanged.

Source: Daniel Stewart & Co.
Daniel Stewart & Co acts as joint broker to Retail Decisions plc

Well done ;-)

Forecasts, recommendation and price target of 31p remain unchanged.

Looking ugly today :-(

IC recently said an update on the litigation was due by the end of the month (ie tomorrow) - is this related or just shorting/selling pressure?

Who knows ! I would guess it's short selling/ pressure. Price is drifting down as there no news and small caps mkt , overall, is having a bad time.
I wouldn't mind betting that they say the lit. investigation is still ongoing. Hope I'm wrong and it all gets sorted and SP moves up in reponse. Afterall it moved down when it was first mentioned ...

Nothing like a bit of uncertainty to drive the price down.

The litigation is about something that is currently a small part of their business.

Win or lose, it won't have a big effect on profits but the share price will ignore that fact.

400,000 buy

overgrowth

is this the kind of big buys you were talking about ?

parveen - a little on the small side so could be a wealthy retail investor there again....

I've been noticing similar buys coming through 1/2 times a week - quite well hidden normally in the rest of the trades at around 60K-90K a throw. Trading in small chunks (for an institution) regularly, means that you can build a good stake and not make the price suddenly jump up.

It's this sort of buying that gradually starts to affect the share price as available shares decrease, and you see a gradual rise upwards, for example .5p, then 1p, then an unepexected jump with good news, a slight dip then 1p, 1.5p etc.

Significant institutional buying will lift RTD out of the doldrums and shake off all those short term punters trading it to high heaven at these low prices. The boost to market sentiment and PR will be huge - let's see if it comes to fruition.

Well I am back from the holiday I was invited to take ( very nice too Lake Guarda) in the interest of getting this share mouving up! predictably I return to find price down no surprise there, don't know how the idea that when I'm away price rises,in fact over years the total oposit is the case I have suffered big losses over the years mainly when away!!!!!!!!!!!!
Today a RED day so far!!!

My good news is that I won FTSE comp. cheers and good health to am folks

:o(

Amblois is nice in the sun and warmth. Some of the wine has gone sour since I last looked at the price of RTD. I am holding Douggie responsible, but still expect good things before I am back, even if it means paying more for the wine.

Consolation for me is that BPRG and TEP are doing very well

Autumn rally and the market knows this. RTD produce strong results with further contract news which will have not added anything to the recent figures. Christmas will see many more online transactions. Oil price is still rising. Bounced off the bottom after MMs drove the stock down to shake out holders. Now buyers outweighing sellers.

Looks good for 20p by Christmas at least.

and in the evening standard loads of new chip and pin cards being stolen oh dear!

What kind of trade is a VW?

Cheers

or is it a WV????.... ;-\

VWAP. A measure of the price at which the majority of a given day's trading in a given security took place. Calculated by taking the weighted average of the prices of each trade. The method is used by institutional traders, who often break a given trade into multiple transactions.

Gruffly Bear - 4 Oct'04 - 16:52 - 18189 of 18199


Credit card fraud rockets
By Jonathan Prynn, Evening Standard Consumer Affairs Editor
4 October 2004

A new alert was issued today over credit card theft.

Millions of people are being warned that they are at risk of having new credit cards stolen from their post before they have even received them.

Latest figures show that fraud following the theft of credit cards from the postal system soared by 51 per cent to 61.2 million in the year to the end of June.

The crime wave comes as tens of millions of replacement credit and debit cards are despatched for the new "chip and pin" system.

The new cards carry a computer chip that matches up with a pin number that is punched into a pad at the till.

The system is designed to make fraud harder because no signature is involved and because the transaction is always carried out within sight of the customer. However, fraud experts believe criminals are taking advantage of the unprecedented number of cards in the post for a last "fraud feeding frenzy" before the new system takes effect.

So called "mail non-receipt" was the fastest rising form of credit card fraud last year. About 130 million chip and pin cards are due to be sent out.

Banks and other credit providers are desperate for the new cards to be operative before the end of the year. After 1 January retailers will be legally responsible for any fraud on credit cards under the new system rather than banks. Fraud experts warned that many cards are not being sent by secure courier and some may have even been activated before being posted.

Cards that fall into the wrong hands can be used for transactions over the phone. It can be weeks before the customer realises a fraud has taken place when the first bill for the new card comes in.

About 14 million items go astray in the post each year, of which only a small proportion are officially recorded as theft. Although some thefts are thought to be "inside jobs" by mail staff, many are also stolen when mail is left unattended, for example in the entrance halls to blocks of flats.

Last night a spokesman for industry body the Association of Payment and Clearing Services (APACS) admitted theft from the post was an issue.

She said the industry was liaising with Royal Mail to ensure security. She said: "There is a feeling there is a concerted effort among criminals to make a fast buck while they can." While banks believed the post remained the best way to deliver most cards, there were options where problems arose, she added. They could courier deliveries or arrange for a card to be picked up from a branch, she said.

Total card fraud rose by 18 per cent to 478.8 million last year. Fraud experts warned that the new chip and pin system would force criminals to look for new ways of carrying out fraud.

One said shoppers would have to be vigilant in guarding pin numbers. Once a criminal has a card and the pin number he can effectively "roam free" as a signature will not be required. On top of the burden of having to remember more pin numbers, there are warnings about always using the same combination of digits.

The APACS spokeswoman said: "Fraudsters will still be able to use the cards in the few places that take just the signature."

http://www.thisislondon.co.uk/news/articles/13571402?source=Evening%20Standard


Looks like there may be quite a surge in work for RTD as a consequence of chip and pin and it may have the benefit of bringing RTD to the attention of many new retailers / customers. After all these stolen chip and pin cards are going to be used for CNP purchases and not in the shops.

Folks!!!

Did you happen to notice the 'P' (Protected portfolio transaction) trade at the end of the day ?

These trades are normally used to stake a "worked" price e.g. in this case it looks as though the buyer (with very deep pockets) has arranged to buy a substantial amount of shares, all at the bargain lot price of 14.25p.

How many more 'P' trades are to come ?

Looks like a fine pointer to institutional buying to me. Timing is probably about right also - they've now had enough time to realise that the infringement is cobblers and that RTD is still significantly undervalued !