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.

write up in shares advises sell.

Shares mag :

Retail Decisions (RTD) 25.5p TAKE PROFITS

We tipped Retail Decisions at 12.625p (11 Sep 03) and it reached 26.75p recently. Full-year results beat forecasts at 1.4p EPS. But this year the legacy Apacs contract will fall from 2 million to 1.4 million. That means EPS for 2004 is unlikely to top 1.5p. This core business is growing at 20%, worth 29p on a 25 PE, plus 0.5p for Apacs. Still good value but unlikely to excite punters this year.

i sold at 27p (due to resistance at 28p-30p) and bought in again at 24.69p. however, i bought very little compared to what i sold and am going on the assumption it would attack the 28-30p resistance and i can then safely buy some more once it hits 30p. i wasnt expecting this much of a drop though and am still unsure if it is MM's playing around or this stock is really going down. on sharescope i see nearly as much buys as sells yet it seems to be dropping further. if it falls through the support then i have to re-think how much risk i want to take with this share.
has anyone heard anything? would i assume correctly when i say institutions would look at buying into RTD after their results?

javid

Re: the shares article the EPS growth they have from 1.4p to 1.5p is on adjusted EPS implying minimal growth. The Daniel Stewart projection is for basic EPS to grow from 0.5p to 1.06p based upon a high level of new contracts - a fair disagreement of the prospects. Yes APAC is going to fall, but in contrast the core business is growing at a rate higher than 20% IMHO - ebitguard transactions grew at 168% this year alone and several new/renewed contracts were "hidden" in the results as well as turnarounds in the US/SA businesses.

Javid - I still think the current moves are a combination of some sellers taking their profits and the MMs walking it down to shake out as many as possible (they may still be balancing their books). The share needs to find a new support level. As for institutional investors, yes they would be likely to invest post results and a RNS in the next few weeks would be nice alongside some more director buying

as always, thank you for your information fundamentalist.

Guys - how low do you think this might go - in the absence of the crystal ball of course

i understand this weeks shares mag has plastered a sell on RTD. i really am very surprised it has gone this low.

Hopefully not much lower lol. I feel it is going to drift for a few more days or until we get a positive - whether it be institutional/director buying, positive brokers/press articles etc. To me its slightly self-perpetuating, the lower they walk it, the more stop losses or weaker holders they hit and this then makes more people concerned who then sell at the next level and so on.
I think the shares mag article will facilitate a few more sellers (as we are seeing this morning) and it will be interesting to see what the weekend press make of it. I think for the short term this is not going to excite as it did (hence the sellers) but is still rock solid for the long term (hence shares saying it is still good value) All IMHO

for three week this share rockets looking forward to good results to boost futher rise good news now loads are offloading no interest none here too it wiuld seem!!! :o(((

Douggie,

I'm still here but like any share that drops so does the interest. There were a lot of short termers into the share who are now out and the take profits recommendation in Shares today hasn't helped. Have to admit have been reading other BBs to gather more info. Most long termers seem to be happy to ride out the storm - the fundamentals are still strong as are the long term prospects. One theory appears to be that 40% of the shares are out loan and the share is being aggressively shorted in the immediate term down to 20p - however, even some of those shorters admit the long term is great but thought the share price rise was overdone compared to the results - hence are shorting down to 20p at which stage they will then go long. Personally, am still long the share for the long term and am looking to add when the dust finally settles. Are you still holding? short term/long term? what about others?

Iam holding these shares still and looking for the long term. As you quite rightly say, the fundamentals are right within this company Iam sure given a few months we will be seeing 40p.

One to put in the bag and air it in a few months...

I have a few shares at present. will buy more once it has passed the 28p resistance. good company, niche market, good profits but unfortunately the graph shows a sell sign at present because the share has broken through the 10 day moving average (for short to medium term holders). however, even though the graph shows sell signs, i believe this company will do well so going against my principles, i am holding the few shares i re-bought recently. besides, having sold twice in the last month, this company has done fantastic for me so far!
heres looking forward to more profits rtd.

thanks Fundamentalist..jd Ihad been expecting and saying when others were longing for results, to futher boost price, that I have seen too often price fall at post good results, I had made my mind up to sell profit part my holding imediatly prior to tue post, to buy back in as now was wrong footed when price fell 10days prior to news, hoped this wouldnt happen again after news, as we now know it did, now feeling ruefull not having sold some to buy back in, dont realy want to sell at this price even tho. I have a very good profit , but scared they will fall significantly futher, all new trader/investor problemI spose.I am away next week so decision day tomorrow. Ido intend to hold my initial investment med/long term.... would have liked to have extra bite cherry missed that chance this time ;o((

Evening folks. This is a stock I have been watching for a while, didn't buy in early enough, did expect a fall after the results, so waited and bought yesterday at 23.2. Agree that the long term is healthy and hope the short termers are all but out now. How I wish I'd waited a bit longer though!

Greetings to all holders/traders.
I think the MM's have really upset a lot of RTD fans this week.
Hence it's gone quiet on this thread recently.....
How easy it was for us all to get excited whilst the share price was on the up.
I had 300,000 shares in this last week........... thankfully managed to get out, just in time, without too much of a loss.
It's amazing how you can think more clearly when you can stop worrying about your potential losses.
Overall, this stock has been good to me in the last 6 months.I,like Javed, have
managed to trade successfully.
What of the future, somebody recently asked.The honest answer is 'nobody knows'.
(My opinion only) this share WILL break 'new highs'; however, I see it testing
support at 18.75p before we get there. Sorry chaps (and ladies) but that's my
target before I pile in again.
Meanwhile, let's support and encourage each other and share more views,
particularly when the chips are down.
Regards.

amardev - i agree with what you have said. this thread should be kept alive and encourage and support each other as we all know that rtd is a good company.

nematode - are you still holding? if so what is your strategy. by the way, i never thanked you for your email after we last spoke on here. i accept your apology and dont worry about it. i was unable to reply back to you from maneyam as you have not put in an email address.

i cant see that many moe sellers after today. anyone who is pondering selling will do so before the weekend. i think monday onwards we may see some buying and small price movements upwards.

javid

I had held these and sold way too early (at 16.5p) after thinking it just can't carry on upwards in virtually a straight line - and tried to rectify the loss in extra profits by spread betting long at 25.90 (lack of funds) - OUCH! - still hold the bet and really hope you're wrong amardev in that THIS is bottom ie 20.5-21 but I can see that the selling is still continuing - I need to avoid 19p and then I believe it'll start heading north again

Why are there so many "unknown" deals in this share to-day

A lot of them seem to be buys.