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.

Morning all

more good news
a lot of people buying back the shares they sold in the last few days - MMs laughing again

As chip and pin cards arrive, fraudsters switch to internet
By Harry Wallop (Filed: 11/01/2005)


The new chip and pin payment system, which came into effect on January 1, has encouraged internet fraud to jump sharply, according to figures from one of the UK's leading fraud prevention companies.

Retail Decisions, which supplies fraud-prevention software to retailers including Tesco and Comet, said there was a 25pc increase in attempted fraudulent transactions on the internet between January 1 and January 6, compared with the same period last year.

This is a clear indication that fraudsters are shifting their attention away from the high street and towards the internet, Retail Decisions said.

Chip and pin machines, where a shopper punches in their four-digit code, are designed to cut down on fraud.

The banks bringing in the system say criminals will find these cards far harder to use than those that require just a signature.

However, Carl Clump, the chief executive of Retail Decisions, said: "Chip and pin will reduce fraud on lost or stolen cards, no question about it. But fraudsters cannot go hungry. They still have mortgages and school fees to pay. They are migrating to card-not-present fraud." This is when your card is used fraudulently for internet or telephone transactions. "The problem is that the banks are concentrating on a fraud issue that was prevalent a few years ago. Fraud has moved on."

According to the Association for Payment Clearing Services, the number of transactions on plastic cards has risen 72pc in the five years to 2003. In the same period, card-not-present fraud shot up 755pc to 116m.

A spokesman for Chip and Pin admitted card-not-present fraud was the biggest category of card fraud but denied that the new system was targeting the wrong people.

He said: "Unfortunately, there is more than one type of card fraud. Chip and pin is only one type of initiative. But anything that cuts down on fraud has to be a good thing."

On January 1, the liability for card fraud shifted from banks to retailers, which has prompted shops to encourage customers to use their pin numbers rather than signatures.

Has to be said, i do like the informative style of the RNS - to quote

"There are 60 billion card transactions p.a. worldwide, of which ReD
processes over 1 billion "

Kent Anderson, President of Macy's.com said:

"we decided to bring in Retail Decisions, the world's foremost risk management experts"

Was getting impatient...as you do but glad I held on, Douggie MUST be smiling :>)

Amber

didnt know you were in these - no need to get impatient, the continual newsflow is positive and results in march to look forward to

It is nice to have a timely little bit of information . Dropped my stoploss last night. (Hate doing that but thought RTD still has a good way yet to run.)
%~)

Well not that impatient Fundy bought way back at 25p and watched the drop so was only impatient recently, been a long time in this one, for me. Was just trying to consolidate some of my smaller holdings and get it into those ones that stay blue like ALL week :>)

Well done Fred for moving it, i do that all the time, the only time it saved me was PCI!

Amber

bought some of these in single digits but most at 10-12p - having been through the drop from 27p to 13p earlier this year - as you can tell my timescale is longer than most and with a company like this i am prepared to be as patient as needs be - the value will out in the end

:o)

is that the best smile you got douggie :-)))))))))

Hope your right Fundy, and lucky you buying at 10p. Hopefully my trading has improved since i started 18 months ago (buying at the top ha ha!) but yes my trouble is i dont hold on for long enough. MDW at 2p sold at 3p. Now 9.5p :>(
You dont day trade then?

At least you came out with a profit :-)

Was slightly worried 30 mins ago, Large volums sales but since then has been more than ballanced by a large buy.


I have checked by buyig and selling of this share since 2000 ;

B 21.08
S 310 (sold all)
B 120
B 5.4
B 5.18
B 3.5
S 3.25
B 7.87
B 10.32
Sold Some (25%) 19.63
B 14.57
B 16.2
B 25.1

I won't embarras by he amounts, but they go some way to helping me overcome my miseries.

I like RTD but not that attached.


PS All who sail on this Thread, have a look at Brewin Dolphin Holdings. They are motoring.

A very pleasing day.

:o))

Amber

no i dont day trade - cant place enough faith in charts !!! My strength is reading balance sheets and analysing the financial strength of the company so the majority of my activity is long term (at least 1 yr usually a lot longer).

"Macy's deal for Retail Decisions" - first time I've seen RTD on the moneyam first page in the "Major News" section !

RTD is rapidly becoming a share for more serious investors rather than "penny punters". I noticed the shorters were out in force on other boards last night with their usual doom and gloom stories - I had to chuckle when I saw the great news this morning.

Check out the size of this customer - they're massive and they only have glowing words to say about RTD - bodes very well for the future.

With top notch results from last year to come, cracking deals like this one to take RTD into 2005 with gusto and TM100 inclusion at some point soon, I can see more institutions getting interested.

OG

Did you read fatboy on ADVFN - the smell of his fingers burning this morning was delightful

fundy I certainly did lol!

I think Manzarek has just hit on a good point over there:

"One of the interesting things about the Macys deal imo is that they were using their own inhouse system which clearly wasn't up to par and was presumably quite a cost.

I suspect this condition probably exists amongst a lot of the blue chips who will have their own IT depts and legacy systems which were utilised as there internet ventures started.

Prestigious deals like this and the Travelocity one should open a lot more doors for red into those blue chips.

The other recent development seems to me to be that web commerce is reaching a critical mass, if you like , at both the value level and the technical volume level.

This means that not only are these inhouse systems not up to the job but that the amount of retailing that has migrated to the web now justifies suitable investment by these companies.

Those traditional retailers who had a "token" web operation and are now losing out on the high street may be forced to rethink. Even if this is all bo***s still good news imo."

OG

I agree totally - its also a nice one on the cv - "if its good enough for macys/bloomingdales then its good enough for us" may well be heard in a few boardrooms in the near future

I expect that we will see further news of more contracts signed over the comming weeks. Don't forget the smaller contracts will not be seen until results are released and they will also add up significantly.