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.

Recommended as a BUY at 31p in shares magazine again

well Fred it's on it's way in spite of buy in shares ;o/

hope you havn't a chance Dave.........sorry.........no I am NOT ;-\

Morning all

Link below is the analyst presentation slides from the RED website - well worth reading

http://www.redplc.com/documents/010305_Prelim_Results_FINAL_FINAL.pdf


1 point of concern it highlighted to me was that the CNP rise is almost being cancelled out by the CP decline - does anyway have a handle on whether the CP business will stabilise (ie will they be getting enough prism licenses to cancel out the decline in the APACs business)

Also, trying to work out the impact of the converting from UK GAAP to IFRS accounting standards - i know this is only paper effect not cash but may well have an impact on perceived value.

Anyone else tried to make a projection for next year?

RTD cut out of 200ml saved for customers on over 1bln transactions don't look a lot to me ? ;o\

ps thanks again fundy for info :o)

Just to make you happy Douggie bought another 36K at 31.4. I could be wrong but I think we will see 40p soon. But probably hold for next set of results.

Nice buys at the end of the day 3*1million shares buys. VG. You can sleep tight to-night Douggie.

Fred

Its just the 1 million buy
This is a repeat of what GS was doing at around 25p accumalating 1- 1.5 million shares on a regular basis

Yesterday 1.5m was bought

Looks like either GS or some new institution is accumalating stock

The future looks very rosy.
Keep hold of your shares and you will be pleasantly surprised with the price

who or what is GS ? please.
good on yer Fred make a fortune please
for me I am still fully commited no more to add

not too unhappy at mo calm optimism has returned just going to take a little longer to get richer ( just glad prudence overcame I restricted myself to the new car I can afford which will take me in comfort everywhere one with a badge would go at 2x the price!)

:o))

Douggie

GS = Goldman Sachs

morning Fund thanks

are you wispering/miming Fred can't hear you

Lost his voice I suspect.

Someone once told me, that they didn't think that I had the patience to go fishing. My secretary responded for me, saying it wasn't patience but controlled aggression. This is how I feel about holding on to RTD.

Only problem I was a B. useless fisher.
Like to see a little more volume.

I notice that Inv Chr has RTD as "fairly priced". Recognised strong performance from Australian petrol card business - incl new contracts with Hewlett Packard and NSW police - making RTD more than double the size of its nearest competitor. Also cnp increase of 48% (albeit from a small base). However, a PE of 18 adequately reflects the group's steady growth prospects.

without new contract, RTD would be traded under 30p.

Mourning folks ;o\ realy never expected to be back here! ;-/

This I scalped from
"""
These are extracted from One of the few tips sheets worth the paper it is written on.

February 05

[Retail Decisions 35p RTD; Software & Computer Services)

The Company has signed a new high-profile LJS client, Federated Department Stores, owner of Macy's and Bloomingdales. It will use ebitGuard to help fight online fraud in its 3n-line stores.

The shares fell back from their three year high after RTD advised that the US Patent and Trademark Office had decided to re-examine the granting of a patent that is the subject of an infringement claim bought against RTD by Cybersource. This is in response to a re-examination request submitted by RTD after it discovered 'prior art' that pre-dates the Cybersource patent. The re-examination process is expected to take between 18 months and two years to complete. RTD has also requested a stay in the original court proceedings until the outcome is known.
RTD still believes its operations in no way infringe CyberNOurce's patents. We tipped the shares at prices as low as 2.5p during 2002. Protect massive profits with a stop at 29p.

March 05

Retail Decisions 31.75p (RTD; Software & Computer Services)
A steady sequential increase in sales in all parts of the business was the story for the trading year ended December 31. The exception, as planned, was the Card Present business. This was due primarily to the progressive launch of Chip and PIN and the continued reduction in sales from the UK legacy contract with APACS.

Card Not Present (CNP) sales grew I I% to f9.7m and gross margin rose by a quarter to 68% due to greater economies of scale. Overall CNP transaction volumes were up 48%.

New contracts were signed with major on-line retailers like Travelocity and Federated Stores, and with AT&T, Virgin Mobile and T-Mobile.

The Fuel Card Business in Australia went from strength to strength. Sales rose 10% to E14m and pre-exceptional operating profit was up 31% to f6.8m. The net average number of cards grew 6% to 206,000. Total card sales rose 17.4% to E270m, while costs fell 4%. A highlight was the signing of Coles Myer, Australia's largest retailer, which will see RTD's fuel cards used at all of Coles Myer's 580 petrol stations.

Group sales rose 5% to E31.7m. Profit before tax and goodwill amortisation was up 28% to E7m, which hiked eps by 22% to 1.71p. Net cash inflow from operations was L2.79m, leaving net funds of E3.9m.

Further sequential growth should be seen this year as RTD achieves further economies of scale. Hold.

"""""""


I was tempted to buy again RTD again but a little overweight in them at the moment, I think the chart is a little mean, but I would expect a bounce back.

Which tip sheet Fred1new?
did anyone see the comments about RTD's increased markets in Sunday Business?