Activities

Provision of secure transaction systems and services to the international banking, telphony, retail, and security markets, using a range of smart and magnetic card solutions

In the recent Agm the chairman said "the company has made a positive start to the financial year and the board remains optimistic about prospects for the business."

Pre-tax losses have also nearly halved from 6.4 mln to a loss of 3.4 mln on cost cutting. They have also had a successful fund raising.

Also chart indicators show that it may be time for the next leg upwards past recent resistance at 7.5p. and please remember you are responsible for the timing of your own buying and selling actions.




gf.

..........................and so it did :-[[

I noticed that the 2 purchases of IDD today made by me and also by my busisness partner topping up our holdings -- both showed on streaming as sales instead of purchases! so how many real sales were there today!?!?! Is someone somewhere messing with the price?

It looks about even as far as buys/sells are concerned today,its just the way the trades are interpreted by the computer.

My streaming showed all sales except for 1 buy!

the streaming is meaningless - simply a computer making a best guess

People were buying well into the spread over the last couple of days.

Ive just added at 2.39

The buys today (11/02/05)are at last a little more substantial (including one for 1 million). And the buying pattern has become more encouraging. Here are the total buys for the last seven days:
03/02/05 0
04/02/05 0
07/02/05 0
08/02/05 20,594
09/02/05 50,000
10/02/05 951,737
11/02/05 2,037,081

On the other hand the sells for the same period total 7,669,543 (according to my quick calculation) so it may be too early too read anything into this.

Any comments?

Madison

shall we see a bit o blue tommrrer ... plenty buy today!! ;0\

Hi everyone. This ones been falling for a long time now, and you'll have to excuse me because im not very well-researched on this one, but this looks oversold to me. If 11 million turnover is correct on a market cap of around 6 million, with a loss of 2 million, seems like there's plenty of room for a turnaround and a big jump in the SP on any positive news flow.
Any thoughts?

Hi chad,

I think zscrooge's post 539 sums it up very succinctly. Encouraged me to go in. The customer base seems excellent.

Additionally I liked the major shareholders:

Even Flow Holdings Limited 46,965,000 14.79%
Cox P J Esq 39,355,513 12.39%
Progressive Asset Management Limited 32,113,636 10.11%
Framlington Investment Management 29,248,412 9.21%
Bank Of Scotland (Ireland) Limited 20,157,791 6.35%
Noble Asset Managers 11,978,021 3.77%
Singer & Friedlander 10,209,625 3.21%
Eastbound Consultores E Servicos 9,865,818 3.11%

I agree the potential is very good, just hope the newsflow arrives.

Cheers, Madison

Hi chad, well what was that all about today? have thay lost a contract! not to my knowledge, over 15% down wow what next?? goal.

a mighty hike back up................maybe

2 million buy at 16:40.........that should help

But was it a buy????Probably was,should be able to tell better tomorrow,me thinks.

Any thoughts gf?

i know it's a long time since you started this thread so i'll take that as 'nothing to do with me now' type of answer-lol
If idd get going again....maybe some one could start a new thread with up to date positive info and the like.....we will leave that for better times me thinks.

its quiet here!
the price is on the up, folks
bouncing off support around 2p
and on a down-day for the market, too...

Anyone got any broker forecasts for this one?

Looks cheep & its been oversold.