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.

New warning over card fraud


There's a new warning for credit card users to make sure their details don't fall into the hands of fraudsters.
Every day, crooks rake in 300,000 by buying items over the phone or internet using someone else's card details - known as "card not present" fraud.

These can be obtained from credit card receipts or bank statements, which many people simply throw in the bin.

With Christmas coming up, the Association of Payment Clearing Services (Apacs) has launched a campaign to encourage people to take more care with their cards.

In a survey of 2,000 people:


One in three said they didn't shred or burn their receipts and statements.
One in five said they didn't check their statements or only looked at them rarely.
One in six said they weren't bothered if their card was taken out of their sight when paying for something.
Emma Craddock was surprised to find her bank account nearly empty when she wanted to buy an airline ticket.


Emma: Didn't notice money had gone
It turned out someone had bought 400 of electrical equipment using her details - acquired, she assumes, from a discarded receipt.

"I throw loads away," says Emma. "Up until that point I was really slack."

Consumers are able to get the money back - it's usually the supplier which loses out.

Shirtmaker Charles Tyrwhitt says fraud costs it 2,000 a month.

"What we're doing about it is training our agents to look out for some key things," explains Michael Johnson of the company's customer services department.

These include:

Does the name on the card match the billing address?
Is the order unusually large?
Is there a daytime telephone number is it a mobile number?
Is the customer in a hurry to get the goods?
Apacs says this approach is very sensible.

It also wants customers to be more security conscious and shred unwanted documents relating to their cards.

Eventually, all receipts will no longer carry full card details - some digits will be replaced by asterisks, as happens with some retailers at the moment.

Apacs hopes that the introduction of the new chip and PIN system within the next couple of years will help reduce fraud.

Instead of signing a receipt, customers will tap their PIN into a pad and if it matches the card, the transaction will go through.

But in the short-term, a degree of co-operation is required.

"Different retailers and banks use different systems so it's actually taken us some time to get everybody to work together to do this," says Sandra Quinn of Apacs.

"But we're all committed to working together to fight fraud, getting those details off card receipts and minimising the loss for customers."

with such wonderful news, what is with all the sales this morning?

lol. I am still holding but still wary :-)

to332/3 ????...me too :-(

Just been watching Working Lunch. Do any of the solutions to credit card fraud that were discussed relate to RTD?

Answer to B_ASKIN

YES

See

http://www.paymentech.net/pdf/Partner_RetailDecisions.pdf

http://www.paymentech.net/sol_frapro_carnotpre_retdec_page.jsp

PaymenTech Parent companies are Bank One Corp. and First Data Corp

Thanks Apple

well! here we go back down again,can,t hold that 10.25p even with todays helpfull good news. not buying I can sort of understand...but SELLING????????

The biggest transaction today?

Guess what?

It's a BUY.

But this time the buyer(s) are paying a bit more than of late.

Things must be warming up.

You don't buy 38,396 worth of stock in one lump if you don't think the company is going somewhere.

It does seem though that there must be more than one buyer. If this was all going to the same purchaser we would have had an RNS by now.

I think we need to be patient, I'm not expecting any great leap forward until January. I had hoped we would slowly creep forward but without volume or news it's not likely to move much from it's current position. There have been other opportunties to make some short term gains, which may account for some selling.

NF

This 1 will be a gradual riser I think.

The fraud prevention market is certainly not going to contract so this share shouldn't disappoint.

I spoke with the company today. No new news but they have a web site at redplc.com where you can register for e.mail alerts.
g

"Web retailers to enjoy bumper online Xmas
By Bernhard Warner, European Internet Correspondent

LONDON (Reuters) - European Web shoppers will ring up 9 billion euros (5.65 billion pounds) in e-commerce purchases for the 2003 Christmas period, closing the gap on the United States, the home of "e-shopaholics", according to a new forecast.

With this year's must-have gifts decidedly on the techy side -- from DVD players to digital cameras and video game consoles -- more of Europe's shoppers than ever are expected to flock to the Internet to browse and buy.

"Europe is hot on the heels of the U.S. this Christmas season," said Forrester Research (NASDAQ: FORR - news) analyst Hellen Omwando, who estimated that there are 166 million online shoppers in Europe.

She added shoppers in Western Europe are expected to purchase 9 billion euros worth of goods between November 1 and Christmas day, up 18 percent from last year's Forrester Christmas forecast.

The U.S., the world's largest online retail market, will generate $12 billion in 2003 e-commerce Christmas sales.

Analysts have predicted that Europe could surpass the U.S. as the world's largest online retail market by the end of the decade as credit card penetration and trust in the medium grow.

RISING FROM THE DOT-COM ASHES

The projection is a rare bit of good news for a sector that had been decimated by the bursting of the dot-com bubble. Countless Internet firms sprung to life in the late 1990s, selling everything from dog food to jewellery, only to run out of money after their first Christmas.

The big online players today are recognisable high street retailers such as UK grocery chain Tesco (LSE: TSCO.L - news - msgs) , Fnac.com, the online arm of Pinault Printemps Redoute (Paris: FR0000121485 - news) , plus dot-com survivors Amazon.com (NASDAQ: AMZN - news) and eBay.

The Forrester forecast counted sales projections for 17 Western European countries -- the 15 EU member states plus Finland and Switzerland.

According to Forrester, the UK and Germany will account for 63 percent of European holiday sales. The largest product categories will be travel bookings, books and groceries, Omwella said.

"It's pointing to a very big year, simply because people started shopping as early as October," said Dorothea Arndt, marketing director for the British arm of Kelkoo.com, the Web-based price comparison shopping service.

She said the top gift search requests are for electronic gadgets such as Apple Computer Inc (NASDAQ: AAPL - news) 's iPod digital music player, the Sony PlayStation 2 video game console and Nike (NYSE: NKE - news) trainers.

But the rise of online shopping also has a dark side. British shoppers, alone, are expected to lose 300,000 pounds every day to "card not present" fraud, in which fraudsters intercept credit card details during an online or telephone purchase, the Association of Payment Clearing Services warned.

"This is where we expect fraud to migrate to," said Carl Clump, chief executive of online fraud prevention firm Retail Decisions (LSE: RTD.L - news) ."

From 'this is money'

Switch predicts average spending per head on food this Christmas will be 114, while the drinks bill will be around 63.


The study suggests more people are looking to the Continent for Christmas bargains. Around 23% said they planned to do some shopping abroad, with France the 'most popular and cheapest' option for alcohol - particularly wine - and food.



The internet is seen as a cheaper alternative to the High Street, as well avoiding the festive rush at the tills. However, fears of credit card fraud and concerns over delivery dates are said to be a 'big worry' for consumers.

So expect a bullish messge from CC after new year indicating a profit alert and whoosh then see it move northwards.

If only...

Something's cooking though, there have been chunky buys each day for some time now, whilst the weak holders are being shaken out.

blakester...have faith dear fellow...The future is rosy!!!!

Retail Decision have been very quiet for too long now...i.e no announcements by Co.

A contract win or company announcment is overdue...Keep watching RTD near term I'd say!

Jules99.