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.

RTD was moving up sharply without the rumours anyway - why worry?

I'm so glad I didn't take any notice of "BANKONE".
I'm showing a profit of 119% at the moment and still intend to hold.

Apple, i've got no sympathy with you. I keep on telling folk on this BB to stay with RTD and not to do with ramping either.

Anyway i think RTD will go to 30p in short term and expect a big rise when results are due out. Remember NSB went up 33% last week and RTD will be better than theres. Even 30% of 30p gives you 40p by march. Still have contracts to announce plus this bid rumour.

Oh joy!!!!!!!!!

Could be towards 1 in 6 months time, lol

cheers OG
not sure what I would prefer....a takeover @ 70p
or to wait 12 months for 1 which is where this is heading without the rumour

Interesting news on the "takeover rumour", although it is only a rumour at the moment. Still new at this, so could anyone explain this to me. I understand how the price would go up, but why 70 pence? Any input would be most welcome
thanks in advance guys

scotinvestor

I thought it would be quite a while before it went through 20p & I wanted the cash for something else but that only made a small profit. Anyway I originally bought RTD under 10p so I did quite well.

Techmark movers: Retail Decisions soars on bid chatter

Tue 27 Jan 2004


LONDON (SHARECAST) - Retail Decisions sparked into life as bid fever swirled around the credit card security firm.

The company declined to comment on whether there was a bid or whether it was in talks.

"We never to react to gossip and rumours. When something is announced it will be announced via the normal channels," a spokesman for Retail Decisions said but trading volumes in the shares surged to four times the daily average.The shares have taken off since it issued a very bullish trading statement in November.

LONDON (AFX) - Shares in recently firm Retail Decisions came on offer after Daily Mail market reporter Geoff Foster advised readers to take takeover stories about the company with a big pinch of salt.

The international market leader in credit card fraud prevention wants to remain independent, he added.

Retail Decisions shares were 1-3/4 pence adrift at 21 by 8.20 am.

fjb/lam

Topped up at 21p. Niiiice!
Mo money, mo money, mo money !!

It's good to see another timely consolidation point.

The chart still looks very strong. Buying pressure is still there and once the short termers are out which could be as early as tomorrow (RTD playing down the bid rumour will have been enough to send many reaching for the sell button) we should be on the up again. Interestingly there were hardly any "unknown" trades - the MMs made sure that they shook the tree a bit also to keep their stock levels up.

The really good news is that RTD want to remain independent - this means that we're back looking at mid-term 1+ target prices rather than debating over whether an offer will be made at 30p or 70p or whatever.

Good news to buy in also if you missed out on the mad rush (as Javidshaik discovered).

Overgrowth, thanks for the confidence booster.　　When you say mid-term 1 pound + target, what sort of time frame are we speaking 6 months, a year?

just a quick query, how can you justify the 1 long term price when the projected profits for 2003-2004, 2004-2205 are roughly the same?? I cant quite see where the massive price rise will come from when the projected profits for this year are already factored nito the price?? Is there a massive expansion plan to improve income or acquisitions??

Folks, mid term we're looking at 1-2 years. RTD don't need to massively expand or acquire more companies.

They're a key player in the card-not present market and have close ties with major companies and corporations here and in the US (don't forget the organic growth taking place in South Africa and Australia). The company is still significantly undervalued - the city is waiting for hard confirmation of continued success in the results before they look at buying in for the longer term.

Remember that RTD have a mutual agreement with Datacash and this will significantly enhance income (for little expense on RTD's part). Here is an excellent post by Paul Zaleski taken from iii:

"I know I keep banging on about the relationship between RTD & Datacash (DATA)and I'm sure you are aware that both companies sell each other's services. Basically, DATA's preferred partner for fraud software prevention within its internet payment solution is RTD.

You will recall my last post about DATA winning a massive UK Govt contract. Well, today DATA have issued a fantastic pre-close trading statement with an estimate for massive growth in the year ahead.

DATA's success is RTD's success. Both companies have a market dominant postion in the UK, although RTD has a far larger international reach. DATA's share price has risen nearly 30% in the past couple of weeks. I would suggst that some of RTD's rise (at the same time) is due to this. It may very well be that the recent directors' share purchases reflected the increased confidence in DATA and therefore RTD.

You cannot avoid the figures that are coming regularly out now - that internet trading, betting, shopping are growing at an exponential rate. This all bodes well for RTD/DATA.

Just bear in mind - on 13th March 2000, RTD, with less contracts, less reach, less revenue and less profits, were over 200p per share."

Don't concern yourself with yesterday's and today's falls (unless you're trading) the recent rises above 20p were purely due to bid speculation, all we are seeing now is a return to normal price levels now the rumours have been quashed by RTD.

This was in the Evening Standard yesterday, regarding the earlier bid rumours. The interesting bit is they have given an estimate of the profits.

http://www.thisislondon.co.uk/news/business/articles/timid73538?source=

TAKE takeover stories about Retail Decisions with a big pinch of salt. The international market leader in credit card fraud prevention wants to remain independent. It jumped 2 1/4p further to a high of 22 3/4p on turnover of 15m-plus following a strong buy recommendation from Daniel Stewart. Full-year results in March should show pre-tax profits soaring to 5.4m from 0.8m last time.

where are you mitch 101

i told you they would re-trace,my strategy is to sell on rumour and buy on fact,it works for me.but perhaps not for other people.i will buy in again very soon.

Keep the faith peoples. I used this retrace to keep topping up.

Petralva,

I now see what you mean by the contrarian "sell on rumour, buy on fact", you wait to sell at the point when the hype turns into a scurry for the door (or just before), wait for the price to retrace and then buy in again - pretty good strategy (what's the next one you've been eyeing up?).

Washlander,

I've got faith in the company not in the rumours, long term this one will be "pay off your mortgage material" at the risk of being called a blatant ramper.

RTD could well have a small rise tomorrow - let's see.

OG

anyone hear anymore about the alleged take over bid?

javid

Glad that rumour is becoming history, perhaps we can get back to normal steady progress up to the results.

petralva
just read "back-posts"...
I think we are talking about the same thing here but at crossed wires..
When you sold, you sold when the rumour was made news i.e. Reuters made the rumour story, news & put the price up... hence sell on news (@ the best price obviously).But you needed to have heard the rumour before it was news to have got the highest profit ( if you weren't already holding), thus avoiding buying near the peak.
It's an old saying and goes back before the internet, when you could only read stories in the newspapers, and obviously 24 hrs late...
Still, you done well, which ever way you want to interpret..