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.

Growth company investor

ID Data - SPECULATIVE BUY
Companies: IDD
16/08/2005

The maker of plastic cards has endured a tough time since we recommended it at 2.5p last Christmas. Trading has continued to be strong, fuelled by new contracts won from GE Capital and Citibank, but funding concerns and high labour costs have hampered progress. These problems are being resolved. Expensive convertible loans, worth 3.7m, have been converted into equity at 1p a share and 4m has also been raised at the same price. This wipes out debt and give the group 1m in cash. In the year to March turnover rose 72% to 19.4m but losses were only reduced by 18% to 4.2m. However, a new factory in Poland has just opened and ID Data plans to move most production out there and consolidate higher end work in the UK at one site in Petersfield. This will halve labour costs and with interest charges removed, the group should be close to break even in the current year and make a profit in 2007. Recurring revenues are currently estimated at 11m and the group has high hopes of winning more contracts from retailers to introduce chip and pin store cards. Further out, ID Data has a strong chance of securing the contract to produce ID cards for the Government as it is already a trusted supplier to the Post Office and London Underground of similar critical cards. In addition other loss-making card makers have recently been taken over at a multiple of revenues. Speculative buy.

http://www.growthcompany.co.uk/recommendations/page_2/20793/id-data.thtml

I agree with you douggie, when will this turn blue, plenty of buys today no sells

?????????????????...;-\

plenty more buys today not a flicker .... :-[

Just back off hols...pleased to see some positive (albeit speculative) buy signals from the various tip sheets for IDD. Seems to be holding steady at the moment.

NICE RNS news artemis have a 3.46 notifiable interest in IDD,another bel;iever

Good luck to all of us

Just seen it capetown..here it is. That is good news. I always felt that Artemis was one of the better fund managers. 20p just around the corner LOL......



ID Data PLC
06 September 2005


ID Data Plc

Holding in Company

The Company was notified on 05 September 2005 by Artemis Investment Management
Ltd that it and certain of its subsidiary companies have a notifiable interest
in 41,978,021 ordinary shares in the Company amounting to 3.85 per cent. of the
issued share capital.




This information is provided by RNS
The company news service from the London Stock Exchange

MR MOLE 20 would be AWSOME!!!!

How do you paste it onto here?

If I can do it anyone can! Display the RNS....highlight the bits you want...right click on paste...get back into the Add a post box and click copy..and Robert's yer aunty...

Have a go!

THX Mr Mole,
Results out soon?,how about 2.75 pence on results and then 4p towards end of this year?

When are the results out? 2.9p was my buy price....4p would be great.....I think the Atermis news is very good. Doubt they would have a speculative punt.

According to the td site out in sept but cant find any confirmation on specific date,
I am holding mime LONGTERM as i think they will have a gr8 future if they turn the corner with poland.

Mr MOLE,
Another 6.6% notifiable interest,
LOOKING good!!!
Still unable to paste

Another little tick in the right direction guys

Here tis....very good news indeed.

Data PLC
06 September 2005


ID Data Plc

Holding in Company

The Company was notified on 18 August 2005 by Singer & Friedlander AIM 3 VCT plc
that it had a notifiable interest in 39,500,000 ordinary shares in the Company
amounting to 3.62 per cent. of the issued share capital.

The Company was notified on 30 August 2005 by Singer & Friedlander AIM 2 VCT plc
that it had a notifiable interest in 25,823,625 ordinary shares in the Company
amounting to 2.37 per cent. of the issued share capital.

In the opinion of Singer & Friedlander and the Company these two shareholdings
should be aggregated to be a notifiable interest in 65,323,625 ordinary shares
in the Company amounting to 6.0 per cent. of the issued share capital.

I thought there was an AGM on Sept 14.
Ethel

ID Data PLC
06 September 2005


ID Data Plc

Holding in Company

The Company was notified on 18 August 2005 by Singer & Friedlander AIM 3 VCT plc
that it had a notifiable interest in 39,500,000 ordinary shares in the Company
amounting to 3.62 per cent. of the issued share capital.

The Company was notified on 30 August 2005 by Singer & Friedlander AIM 2 VCT plc
that it had a notifiable interest in 25,823,625 ordinary shares in the Company
amounting to 2.37 per cent. of the issued share capital.

In the opinion of Singer & Friedlander and the Company these two shareholdings
should be aggregated to be a notifiable interest in 65,323,625 ordinary shares
in the Company amounting to 6.0 per cent. of the issued share capital.

Stake building going strong at the moment.

Interesting that the 7%increase in SP today was in the bid price,spread down fron 12 to6%,so why increase the bid price,are the mms trying to get holders to sell?

How dissapointing today,
Did not expect sp to fall on all this buying