I got into Cardpoint at 1.11, they are now mid 40's.
Is it time to take the profit or are they going higher in the next two months??

any views?

dave looks like this is gonna dazzle again!

Anybody any ideas as to how to play this one? Results look good but seem to be caught in limbo as to whether to get back in.

Andy, I have a few of these.

Results were good but prices tend to drift down afterwards nowadays it seems.

IMO the HBOS acquisition has been a success and retention rate of approx 50% more than anticipated.

Future earnings look good and I reckon on an eps for next year of approx 13p and rising to 18p for 2006.

Share price may tread water for a bit but theres 50% to be had in the next 12 months imo.

capa

Cheers capa. Think i'll give it a punt.

Let the trend be your friend!!!!!!!

Director buy !!!

capa

I don`t know exactly what effect it will have on the share price but I hear on the radio that people are not liking the fact they are being charged to access their own cash.

I think the negative publicity is why this stock is so cheap, business is never going to be popular and will periodically be criticised, not least by Building Societies who by closing branches along with Post Offices have created the situation.

If fee paying machines were withdrawn there wouldn't be any at all where they are needed most.


capa

Sadly i agree with you. It is not a place where the goverment can interfere easily without Datacash, Cardpoint and similar companies withdrawing cash machines from areas where there are no banks ot other form of cash machines. It would be economic madness to do so. I hold share in Datacard, Cashpoint and Scot Tod. They are here to stay.

One of I.C's tips for 2005, which would explain todays rise

capa

THANKS CAPA FOR THS UPDATE, GOOD TO SEE POSITIVE NEWS ABOUT CARDPOINT AMONGST ALL THE ILL VIBES ABOUT ATM`S CHARGING ETC....

Through te 120 resistance line. 135p Here we come.. Interesting to see the effects of XMAS on takings.

Good rise again today, 1.40 must be on the cards soon imo

capa

Could be. May Stumble at 135p

Gleaned from Techinvest to-day,

Beeson Gregory's estimate EPS 12.2p for this year and 17.2p for following year.

this would suggest on a PE of 12 (not unreasonable for a rapid growth company) of 206p + on PE 15 258p.
It is also one of Techinvest Tips for 2005

Fred, Numis eps for 2005 is 13.1p and I have always reckoned on eps for 2006 of 17p, so wouldn't argue with Beeson Gregorys estimates.

The difficulty is what rating should Cardpoint attract ? A multiple of 12 as you say is undemanding and reasonable, more than banks and less than other high growth companies.

Quite a way for this share to go yet imo

capa

Excellent trading statement out today

capa

Going well this cash,obviously a moneytree,goodluck to all holders.

Had a big dabble in these this morning looking very good after that trading update, numis have a short term target of 175p, well worth buying in my opinion.

cheers GF.