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.

yeah, maybe we will get that 4p back that we lost in space of couple of hours way back a few months ago

It certainly clears the route to 40p before results...

look at those lemmings

:o[[...............!

More cheap shares for GS

These people will never learn.
All these sellers at 26.5p will not be able to buy them at this price again.

Online retailers saw a big climb in sales during Christmas as they reported another record festive season, new data revealed today.

Web research group Hitwise UK says internet sales jumped 23% compared with Christmas 2003, making it the most successful festive season ever.

Hitwise said sales volumes grew stronger in the second half of 2004, with market share of all UK internet traffic directed at shopping websites increasing from just over 10% in August to more than 12% in December.

"The first week of [December] saw market share of online traffic to retail sites surpass 13% as online shoppers sought to beat the Christmas crowds and avoid the last-minute pre-holiday rush by searching for the best deals and making gift purchases online," it said.

The top 20 UK online retail websites for the month included eBay, Amazon, Kelkoo and Argos, as well as the websites of several major high street computer and electronics chains like Currys, Comet and PC World performed strongly throughout the pre-Christmas period.

MP3 players proved a popular gift, a fact drawn out by the popularity of music download websites on Christmas day.

December 25 saw www.apple.com/itunes and the recently legalised www.napster.co.uk increase their market share by more than 500% and 150% respectively.

Separate research shows that online retailers faired much better during the Christmas period. The study by Actinic software group shows that online sales climbed 60% on last year.

Online retailers are laughing in the face of reports of a slowdown in high street sales, having posted a 60% year-on-year increase in sales over the festive period.

A study by business software group Actinic shows that despite many high street stores bracing themselves for news of poor Christmas sales, their online counterparts are reaping the rewards of the shift to online shopping.

The figures were collected during November and December, with the sites polled ranging from start-ups to more mature ecommerce traders. Several of the firms admitted they were overwhelmed by traffic as the average number of orders per company climbed to 1,570.

Businesses also reported an average increase of 80% in online turnover. Analysts suggest the rapid rise of ecommerce may contribute to a decline in the number of shoppers hitting the high street.

Julian McIntosh of travel accessory firm safariquip.co.uk, said: "Web sales are expected to overtake over-the counter retail sales early in 2005.

"The rate of web growth is making us consider ecommerce as a safer and less costly alternative to bricks and mortar growth in new branches."

Chris Barling, Actinic chief executive, added: "We may be seeing the first signs that the internet is impacting on not only high street sales, but also the inclination of retailers to expand their real world outlets.

"Each year adds to the feeling that the original dot-com boom hype wasn't so much wrong as too early," he said.

Fundamentalist

Do you think they are filling another order?

Drop the price and watch them sell....2 million share taken off so easily

Parveen

I believe there was an article in IC today which said that the litigation announcement was good news but that they were only fair value. A perfect opportunity to allow the MMs to walk this down if still filling orders for GS or other institutions.

Chart had 26.75p as resistance -would be nice if could rally to close at that or above either they may well walk this down to 25p.
Be interesting to see if we get some big buys near the end of the day - we'll soon know if someone is still accumulating

Edit: see as soon as the offer went to 26.5p someone picked up 238k and they moved straight back to 26.75p - they either need shares to fill an order or plan to take this lower still.

Will it ever stop falling :o[[.............D.

IC View this AM.
"""
The shares have almost doubled since company announced prot upgrade in late october. but on a PE o ratio of 17 times 2005 earnings, they now look fairly priced."""

I think there is still some way to go and the results for this quarter will be better than expected.



But I think Douggie should have more time off. 8+)

Id like to know how IC are calculating their 2005 profit forecast when all we know is they will be materially ahead of expectations, rtd havent quantified a sales/profit figure, what tax figure they are using, how much ammortisation etc etc. That also only takes into account a 1 yr view - i wonder what the 2006 PE is on their basis.

Happy to hold for the long term

Fraud hits half of attempts to purchase gift cards online, survey finds

Because they act as cash that can be easily re-sold or used to make purchases, online gift cards have become a favorite target of criminals, says Jeff Foster, executive vice president of Retail Decisions. Gift cards are like buying cash on the Internet, and fraudsters this holiday season really focused on them as opposed to trying to buy a Sony PlayStation, he says.

Foster notes that almost half of attempts to buy gift cards are fraudulent, as some criminals will make thousands of attempts per day using stolen credit card data. Foster bases those figures on the activity Retail Decisions monitors for its clientele of online retailers. The thing about gift cards is that fraudsters dont have to go through the trouble of selecting products they know they can re-sell, Foster says.

The good news, he adds, is that few attempts to steal gift cards succeed due to fraud-prevention techniques such as matching the geographic location of the IP address used in attempts to purchase gift cards with the home address of the credit card accounts authentic cardholder.

But though Retail Decisions notes that actual overall fraud accounts for only 2-5% of online payments, the rate of attempted fraud has been rising slightly faster than the corresponding rise in the number of online payment transactions. Retail Decisions tracked a 44% year-to-year increase in online sales for the period Nov. 15Dec. 16, but the number of attempted fraudulent payment transactions rose 46% for the same period, Foster says.

He adds that other items that tend to be popular targets of online payment fraud are MP3 digital music players, digital cameras and footwear, because they are all in high demand and easy to re-sell.

IC my arse...er,

or as Fundamentalist says "Id like to know how IC are calculating their 2005 profit forecast when all we know is they will be materially ahead of expectations, rtd havent quantified a sales/profit figure, what tax figure they are using, how much ammortisation etc etc. That also only takes into account a 1 yr view - i wonder what the 2006 PE is on their basis."

zcrooge

i think i prefer your more concise version :-)

IC journos don't have any time to research the smaller cap. co.'s properly, so this means that they regularly make classic blunders.

This is a prime example!

They have neglected to consider the markets that RTD are trading in, oil prices, exchange rates, and phenomenal growth of internet shopping in 2004.

More fool them - Now the "retired colonel" sellers are out, we're going to see plenty of upside next week when the bargain hunters descend....

Overgrowth, I hope you were standing to attention when you were addressing me.

:-))


Douggie is very quiet.

Reporting for duty Fred - how many 100K's of RTD would you like me to buy on Monday morn. ? ;-)

Douggie is suffering from the historically induced "should I sell before it tanks again?" syndrome.

I don't think he's realised yet that this is a "real" rise, not like last year's "Pump 'n' dump".

Maybe 40p before results will convince him lol!

I'm here folks.....holding watching and waiting.........and as promised keeping a low profile, don't want to spoil anything .... ;o\

I am trying not to wory about the CG tax :-/

Get as many of your non-AIM shares as you can into a self-select ISA in future Douggie - saves a fortune on CGT if they turn out to be winners!