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.

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.

goal - you once posted info about BSkyB and the introduction of the Skycard. We now know that the Skycard is in conjunction with Barclaycard. Do you know whether IDD make Barclaycard?

Seems to me that IDD could do a lot better on the PR/information front. For example, the introduction of Tesco Clubcards' keyfobs last year. These must have gone out to millions in the UK. Well you'd have to trawl their website to find the info, and it's presented almost as mere technical issue, rather than an excellent commercial move.

Hi Madison, this info came from IDD website. Customers include Tesco, Barclays, Esso, Marconi, BT, Safeways, Boots, Allsports & Nectar potentially the largest loyalty scheme in Europe,I hope this helps you. goal.

http://www.id-data.co.uk

Thanks goal. Yes I knew Barclays were a customer, just being cautious because that doesn't necessarily mean Barclaycard, does it? It will be interesting to get more news on the Skycard.

I think Vodafone, Exxon Mobil and The AA are also on the list of customers.

Forgot about the Post Office.I agree with you that IDD could do better on the PR/ information front, goal.

Can any one tell me if Idd are involve in the oyster card trials? goal.

goal,don't think so but would be good if they did:

Oyster card could shell out for small purchases
By Rebecca Knight
Published: March 5 2005 02:00 | Last updated: March 5 2005 02:00

The Oyster smartcard used by commuters could pay for small purchases such as milk and newspapers, London transport chiefs said yesterday.


Transport for London plans to team up with financial institutions to widen the scope of the cards, which are used by more than 2.2m passengers.

Charles Monheim, director of TfL's Oyster project, said: "Britain's 266bn cash market is now getting unlocked. The benefit will be that you will have one everyday card that's fast and easy. You can use it at a newsagent, at a pub and to pay for parking."

Mr Monheim said that TfL was acting in line with a European Union directive requiring electronic money issuers to meet the regulatory requirements of banks, which made it more attractive to partner with an financial institution.

"This is not our core business but [transport] is a fabulous foundation on which to build this scheme," he said.

Possible partners include banks, credit card issuers or even mobile phone groups, and trials could start at the end of the year.

Sam Kingston, managing director of UK commercial business at EDS, part of the consortium that owns the Oyster brand, said the scheme would succeed. "When you have a killer application such as transport and a well-known card like Oyster, you're going to be able to position that card to do other things," he said.

This will not be the first such experiment. In 1993, a consortium of banks and BT, the telecommunications group, launched the Mondex card, which contained a computer chip loaded with cash from a bank account.

The card, which enabled customers to make purchases from vending machines, through pay phones and over the internet, was tried out in about 20 countries but hardly got beyond the test stage.

Tim Jones, the inventor of Mondex and now a consultant to Simpay, a mobile phone payments group, said: "We were starting from scratch and were frankly too early.

"What Oyster are planning to do is quite sensible and there's considerable precedent, particularly in Hong Kong where the Octopus card has become a widely accepted electronic currency."