Activities

Provision of secure transaction systems and services to the international banking, telphony, retail, and security markets, using a range of smart and magnetic card solutions

In the recent Agm the chairman said "the company has made a positive start to the financial year and the board remains optimistic about prospects for the business."

Pre-tax losses have also nearly halved from 6.4 mln to a loss of 3.4 mln on cost cutting. They have also had a successful fund raising.

Also chart indicators show that it may be time for the next leg upwards past recent resistance at 7.5p. and please remember you are responsible for the timing of your own buying and selling actions.




gf.

cheers affc21 for the info.Will hold and hopefully watch this company do well over the next few months.

Goal if you are out there as per my post on the goldfinger thread three months back I have been reducing my exposure to momentum driven techs and susequently sold off my last IDD share holding late last week.

I have not signalled this one out for any paticular reason. I just beleive that with the problems the economy faces with debt and the ever increasing geopolitical problems that I needed to move into more defensive/low beta stocks and so have repositioned the holdings in my portfolio to try and limit the downside if things get even worse.

I wish all holders good luck in there investment.

cheers GF.

Credit cards will always be around in times of debt or not, IDD will be around to play their part in the production of the new chip and pin cards

goldfinger

What defencive stocks do you favour?

Hi apple, RAB CAPITAL for starters a hedge fund that can perform in any market conditions , Zincox a play on the price of Zinc which will boom later in the year I feel, Anglo and Pacific a mining investment company, London and Associated Properties a property company trading well below NAV and has Birshi mining as a associate company beleive it or not, Churchil China a value play again trading below NAV, and a real craker that I will be posting about later this week a company that deals in technology yes technology but Im not giving it away yet as I have to just check out one last thing on the company.

cheers GF.

Thanks GF

Drop on the bid today. Have been adding as this falls. Will add again if this hit 6p to buy. But that may not happen. Someone has snapped 300k buy today.
So all the sells are being bought up.

Announcement on 2 contracts due any day now.
Read last statement.

UK ID cards,gov.having re-think with a view to put before parliament in autumn!!Could be good news for IDD or would that be out of there league?

ID Data PLC
29 April 2004


Press Release 29 April 2004



ID Data plc supplies store cards to GE Capital

ID Data plc ('the Company'), a leading supplier of secure transaction systems
and smart card services operating in the banking, retail, international
telephony and secure access sectors, has begun production of store cards for GE
Capital.

The Company is in the final stages of negotiating a contract to supply,
personalise and distribute all GE Capital store cards in the UK. The agreement
is expected to last two years and to generate additional annual revenues for ID
Data of between 1.5 million and 2 million, based on estimates by both parties
of card numbers required.

The negotiations follow a detailed review by GE Capital of its card suppliers
and have been influenced by ID Data's ability to deliver superior standards of
accuracy and volume through a combination of high-quality software, equipment,
manufacturing process and management. ID Data produced 120 million cards in
2004.

Michael Stewart, a Director of ID Data and Managing Director of its ID Data
Systems subsidiary, said: 'Our abilities in card personalisation will enable
GE's retail-industry clients to get closer to customers, offering benefits based
on individual profiles and purchasing habits.'

Production of cards for GE Capital has begun at ID Data's secure facility at
Petersfield in the UK. The site is part of Mids & Horsey Ltd, whose acquisition
by ID Data was announced on 8 March 2004.

Peter Cox, Chief Executive of ID Data, said: 'A key element of our strategy is
the achievement of predictable monthly revenues and bottom-line contributions,
and this work confirms our ability to serve world-leading brands in a
competitive environment.'

Well thats one contract down, one to go. Could be a good day today.

:o)) +.25p

;O(( +.25p gone!!!!green again

what a misserable day after such good news post!!!

looks like i'll have to wait a bit longer for new car-lol

;o[...........

there is a sale in local toyshop!!Give this one another six months and I'm sure it will bare fruit/car.

???????????falling falling ??? when chip & pin a focal topic thought this co. would do very well!!!

8 days since last post perhaps others know no short/med. term prospect here ;~{{

still f
a
l
l
i
n
g !!!!!!!!!!!!!!!!splat ???????????

OR got to be a terific buying opotunity for those with cash ;o))