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?

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If fee paying machines were withdrawn there wouldn't be any at all where they are needed most.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

I have.

175p sounds nice.

BUY BUY BUY.

cheers GF.

It looks good. If it breaks 140p chocks away. Good results.

Must admit it is a blue day all around, except EPO.

Numis morning notes with the cash target................


NUMIS MORNING MEETING NOTE 19TH JANUARY 2005



BARRATT DEVELOPMENTS (587p) - Sell - Target Price 450p - Trading Statement



BESPAK (545p) - Add - Target price 590p - Interims



BOOTS (649.5p, MCap 4,940m) - Hold - Target Price 660p - Comforting trading update



BROWN & JACKSON* (51p) - Buy - Target Price 70p (from 80p) - Disappointing Xmas Trade



CARDPOINT (136.5p) - Buy - Target Price 175p - Trading Statement



JD WETHERSPOON (252p) - Hold - Target price 265p Q2 trading update in line with expectations



KILN * (81.5p) - Add - Target price 90p (unch.) - Pre-close Trading Statement



LONDON SCOTTISH BANK* (129.5p) - Strong Final Results - Buy - Target Price 160p



MERCHANT RETAIL (151p) - Buy - Target Price 175p - Trading Statement impressive



PEARSON (638p) - Hold - Target price 653p



RIO TINTO (1574p) - Buy - Target Price 1829p - Strong Q4 production across all main product groups



SOMERFIELD (154p, MCap 833m) - Reduce - Target Price 140p - Solid interims but weakness in H2 trading



TED BAKER (500p) - Add- Target Price 525p (from 500p) - Trading Statement: yet again, very strong



WH SMITH (340p, MCap 614m) - Sell - Target Price 270p - Better news on margins but high street still losing share



WYNDEHAM PRESS* (147p) - Hold - Target Price 165p (from 150p) - Contract Win

Click here to listen to the Morning Meeting Live between 07:20 and 07:40

Target price is lower than mine.

Up 8p now. Lower than mine aswell Dil.

cheers GF.