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.

Much stronger than expected retail sales figues for September helped credit card security specialist Retail Decisions.


How about this reason for the rise

parveen if that was the case then every month the retail figures come out could we expect a 20% rise ?

It would certainly suit me ;-)

Great day for RTD folks (thanks for the compliments Parveen1).

Moneyman - Cyber will run and run and people are forgetting about it already (it's really not a problem!) and as for Oil, retail stats., Aus$ etc. - these have been looking healthy before and the market has not responded by snapping up RTD shares - so why now?

My bet is institutional support in anticipation of inclusion in the TM100 reshuffle and that's why we've heard no more rumblings from CC on buy-outs or Nas listing. If I'm right, 20p+ will be coming very soon.

WHY 20p+ and not 31p+ ?


Latest Broker Note 21 September 2004

http://www.saturn.uk.com/dsc_admin/RTD_morning_flash_210904.pdf

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.

moneyman - by 20p+ coming very soon I meant in the next week.

We'll probably need to allow around a month or so to get to 31p+ lol.

Thats better ;-)

From paulypilot on advfn:

"Have a look at the valuation of CyberSource, the company which is suing RTD for alleged patent infringement. It's barely profitable, yet is valued at $204m !!!

Also, check out UK-Listed Neteller, whose shares are going bananas at the moment. Valued at 302m (although much more profitable than RTD).

This whole area of online payment processing seems to be coming alive at the moment - CyberSource were up over 7% today, Neteller up 19% today.

Revisited the numbers for RTD today, and I reckon it looks dirt cheap for a highly profitable (circa 20% operating profit margin is unusually high for any business), growth story. Plus it has net cash of around 6m, and single-digit forward PER. These shares should be priced a good bit higher IMO, to reflect strong earnings, high margins, and growth.

I think we're onto a winner here guys".

Also, the Times is suggesting that RTD are going to make an upbeat announcement next week.

How sentiment changes !

THE TIMES


Other comment:
* Ashtead Group a smaller stock to watch - Talk of an upbeat statement from Retail Decisions - Talk that like-for-like sales at ScS Upholsters are ahead of expectations.

:o)))))))))........

I assumed that RTD's performance yesterday was simply as a result of e.bay's spectacular figures?

Calm down Douggie-everything to wait for here. Certainly more rewarding than CYH !!

I shouldn't have :o))))))))...... I frightened all the buyers away sorry ;-\

True,but CYH is supposed to have same potential as here.

Expected some profit taking today.

Hope you're right moneyman !!!

i can't handle more doom and gloom

Ahhh well !!!!!!!!!!!!!

:-[

All

When do u think RTD are coming out with this upbeat trading statement?


cheers

Sentiment in the US seems a little better tonight after Friday so tomorrow is a possibility, however I'll have a guess at Wednesday, because the markets will have had more chance to recover.

Morning all,

Paulypilot is posting on advfn (isn't he also a well respected regular poster on the Fool ?), here's his latest take on RTD (and I have to agree):

"...Anyway, RTD looks to me one of the best stocks I've seen for a good long time. Have held & traded these for several years, but internet payment providers & associated products are really taking off at the moment, and are being priced as growth stocks.

For whatever reason (and people may be right in suggesting the litigation with CyberSource might be holding back RTD, as it's a new issue & the market needs to understand a bit more about who is likely to win !), RTD shares now look ridiculously cheap for a growth stock in a hot sector.

I spent a bit more time looking at CyberSource itself - it's a NASDAQ listed company, all the figures are on the web, and it's only just moving into tiny profits this year, a small fraction of what RTD make, yet it's capitalised at about 3 times what RTD. They should just buy RTD instead of suing them !!!..."

Dow very strong tonight folks - perfect day tomorrow for RTD to make an announcement....