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?

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.

Cardpoint says Q1 trading 'extremely encouraing'
AFX


LONDON (AFX) - Cardpoint PLC, the electronic payment and ATM company, said trading conditions in the first quarter have continued to be 'extremely encouraging' as the company continues to meet its conversion targets for its key acquisition - the HBOS machines.

In a trading update, the company re-affirmed that the purchase price for the HBOS acquisition is expected to be lower than forecast at 50.6 mln stg or below, compared to the initial potential consideration of 76.6 mln stg.

'I am very encouraged by our strong trading performance over the first three months.

'To date all our targets both for integration of the HBOS acquisition and growth in the UK and Germany continue to be met,' said chief executive Mark Mills.

Mills added that Cardpoint now operates 51 machines in Germany and that its expansion in this market is 'particularly exciting'.

newsdesk@afxnews.com

ma

Inverted h & s GF .

Yup Dil and up 9p now.

cheers GF.

GF
How did you get hold of the notes from Numis?

One of my brokers sandrew64.

cheers GF.