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.

Fundy - Surely "materially in excess" can only be announced when you're well into the accounting year - the last one came in autumn I seem to recall.

The merger looks to me like a cost-cutting exercise - because all of the consulting work is linked to fraud prevention then it makes sense to roll the two divisions into one and avoid paying two sets of back office staff for doing essentially the same jobs.

I agree that the statement is slightly "low key", however that seems to be a recent trend with companies not willing to blow their own trumpets too hard against a backdrop of potential global economic slowdown.

well done Fred long may you prosper..( ahem..my holiday fund is well short, maybe you can help since you are doing so well)...;o\

OG - not certain that you are correct. RTD will need to announce interim results at some point, covering the next 6 month accounting period. On this basis I would hope that by end of May they would make a further "materially in excess" announcement. Happy to be proved wrong on this one (timing, not content) as I am somewhat guessing.

pachandl - true that 6 months would give a good indication of progress for the rest of the year. All the same in the current economic environment RTD may find that contracts are harder to gain later in the year simply because customers don't want to fork out the cash (however even if this happens, at some point the customers are going to get hit so hard by fraud that they'll be back knocking on RTD's door lol!).

With year end at 31st Dec. RTD are right now only 1/3 of the way into the current financial year - far too early to give really bullish signs to the market, because if the rest of the year transpires not to be as good as they thought the share price will be really hammered at year end.

Best to be reasonably cautious at this stage and then at the half year stage give a slightly more upbeat statement, then towards the end of the year when it is already evident from the accounts that you are up on last year issue the "materially in excess" trading update.

My view is that RTD are continuing to do very well indeed and that we should expect to hear that they are beating expectations again later in the year.

OG - We are probably talking at cross-purposes. I assumed that RTD HAD to make a "materially ahead" announcement, in accordance with LSE rules, if they expected the interim results to be 10%+ ahead of expectations. I think you are saying that no announcement is necessary except in the run-up to the FULL YEAR results; ie, we might have to wait until December 2005. If you are confident that such is the case then I will accept that (subject to doing a bit of personal research!)

According to ShareScope Interims 9.10.2005. But I have been known to be wrong. Seems a long way away.

Cheers Fred - I suppose we cannot expect any positive announcement until about September it seems.

Looks like someone is mopping up all the sells again

Hopefully should see a nice T trade if the order is filled today.

Usually if someone sells 100k the price drops by .25p, and today we have had two very large sells which have been just been munched away

We have our order filled today...and a bigger order it was.

Not sure how to interpret the quantity

looks like a 1 million buy, could possibly be a 1.5m

maybe someone more knowledgeable can help out.

I feel more confident now than i have ever been with RTD, IMHO i feel a bid for the company is building up in the not too distant future.

Looks like 500K was sold from one MM to another then one insti bought 500K and another insti bought 1M in two lots of 500K.

Very healthy sign indeed - RTD could be about to rocket again very soon.

40p next stop (on route to 1+ that is)...

small guys keep selling
big guys keep buying

Another T trade today hopefully.

Onwards and upwards we march...slowly but surely

;-/...1.5ml bought not a flicker in sp!

today a handful sold......down 0.25p!!!!!!!!!...:-[

Patience Lad! Patience!

;o\

another 1ml+ bought not a flicker ah well!!!!!!!!!!

Douggie, are you calmer? Did you notice to-day some good sized buys with smaller sized sells. I guess tomorrow it will be up again. 8-)

Fred1new - you seem to have the right idea when it comes to holding RTD, Douggie would be better off trading them if he's so concerned about short-term moves.

Lastminute.com is being taken over by Travelocity (who are already one of RTD's many clients), Datacash are expanding internationally (who have a partnership with RTD) and everything else is business as usual (i.e. lots of profits coming in).

RTD's price has a habit of dipping after results and then picking up with a vengeance in the run up to the next ones - this time it will be running up to 40p+ IMHO.

There's been plenty of institutional buying still, interestingly at around the same time as all the Techinvest stop-losses kicked in - retail punters forcing themselves to sell a good share at a loss only to line the pockets of the big boys...ah well.

Stop losses are a great idea and essential when dealing with derivatives, however when investing in a relatively small high growth company I think that they can prove to be more of a hinderance than a help.

The May Department Stores

Sales rose 2.5% to $3.61 billion for 1st quarter

this is also a RTD customer

The way i see it right now
Quite a few people are panic selling thire shares, i kinda understand the reason why...no-one like to lose any of their profits.

But look at the bigger picture, RTD is a growth company and a money making one too.

IMHO...RTD will be priced in the mid 40's later this year, thats if it is not taken over before then.

I for one ,can handle all the sells as long as someone is snapping them up and slowly but surely, day by day someone is/are...

Dont mind if it does drop a bit more as i will top up big time..., but personally can't see it going below 28p

Also look out for a RNS in the coming days with announcement of more stakebuilding in RTD.

Just relax...sit back...and enjoy the ride..

Good luck

Folks - I've just started a new thread for Mediwatch, because the old one was hugely outdated and the original poster appears to be long gone. It looks as though the RTD thread is suffering from the same problems.

Let me know if you want me to create a new thread, so that we can at least see some charts for a change.

overgrowth and Parveen. I feel the sameway about RTD and although in the distant past I did sell a lump at its height I was astute enough (Astute means lucky) at 5 selling a few at about twenty and buying back a little lower I will probably be a longterm holder and have bought some in sipps for two of my kids. Stop losses although I keep harping on about them I find in some types of shares a little more difficult to implement especially those with wide spreads and small market sizes also basic thoughts about why and what I expected from the share when I bought it. I beginning to realise I know less about the market now than when I started buying shares, but thankfully seem to be making less expensive mistakes.Now that I have written this watch the Market drop to-morrow.

Fred ... sorry to find....on tiny sell.... your 2364 post prediction wrong!..so far..! may you be corect later in day....xfinger ;-/