I got into Cardpoint at 1.11, they are now mid 40's.
Is it time to take the profit or are they going higher in the next two months??

any views?

Up trend is still intact.

cheers GF.

Moving back up again now.

cheers GF.

I got in at 86p and out at 140p. But I was too slow going back in. I think I saw a brokers note saying their was a potential 50% upside. Was it Numis?? I don't remember.

rgrds
gk

Well that dip of yesterday didn't last long, mm's had to try something to get shares but using the Scot Todd warning was never really going to work as long as you know what you are holding, especially after the recent trading statement.

Gallick, Numis had a buy recommendation and 1.75 target price but that was before the recent statement. I reckon an eps of 20p for next year is on the cards putting this on a future single figure p/e, which is a nonesense when you look at the growth. Seriously undervalued and a re-rating an inevitability imo.

capa

this may be one of the reasons for a pause for thought earlier. Somebody remind me when the price gets to 225p

I wish I could earn at the rate these directors think they are entitled to.


*******************************


Cardpoint PLC
26 January 2005


Cardpoint plc (the 'Company')

Grant of Options to Directors


Cardpoint plc granted the following options to subscribe for ordinary shares of
5p each in the Company ('Options') for nil consideration to certain directors of
the Company on 21 January 2005:

Director No. of Options Exercise Price Exercise Period

Mark Mills 175,000* 5p 21/01/08 - 21/01/15
Chris Hanson 150,000* 5p 21/01/08 - 21/01/15
Robin Gregson 125,000* 5p 21/01/08 - 21/01/15
Robin Gregson 250,000 5p 21/01/08 - 21/01/15

In addition to the above Options, Mark Mills and Chris Hanson already hold
options over 1,983,333# and 300,000 ordinary shares respectively.

* These Options have been granted subject to the satisfaction of performance
criteria as specified by the remuneration committee.

# This figure includes a right to subscribe for
*************** 1,000,000 ****************** ordinary shares at the
price of 5 pence per share ('Ordinary Shares') in the circumstances where the
Ordinary Shares are trading at a price in excess of 2.50 per share for a
specific period.

*********************************************

now tree shaking is over hopefully a quick push above 150p is due short term - just need a few positive days in the market but its coming - then on and up from there.

The buys will start to come in, its just a matter of patience.

cheers GF.

Added on the spike down. Those selling look rattled by Scott Tods profit warning earlier in the week , but this one as its sites in total y different locations.

We already have had a trading update which was very positive. Sellers must be mad.

cheers GF.

If you read the TA from Scott Tod's recently, the "oh and by the way" at the bottom of the report refers to delays in implementation and deal-signing - both classic causes of SP fall-out.

So, was the stuff about N/wide and government not liking charging for ATM's a little bit of a headline red-herring, I wonder, to distract us from weak management.

I don't like to pay 1.5-5% to take my own cash out - but the banks and Link would certainly charge you as much one way or another to cover the overhead costs of having wider ATM (or branch - remember them) coverage.

CASH is evidently a better run company with better sites and better achievemment by management all round - so let's buy on knee-jerk dips, say I.

I think the degree of price drop in SCD was over reaction. If I had caught announcement I would have sold, hoping to buy again. The price of SCD is starting to recover. I wonder if some clever money switched from Cash to SCD. If so wait for switch back.

I hold both SCD and Cash.

As far as charges on transactions are concerned, would the banks or government be able to do it more conveniently and/or cheaper. I think the charges are here to stay.

I object to 20% spreads etc. I occasionally have to put up with them in hope of making a buck.

Patience please , trade it and you'll get stuffed ... buy and hold imo.

Beginning to think a tip sheet analyst as blindly put out bad news on this on the back of Scott Tod statement. Still it provides me with the chance to top up yet again.

cheers GF.

IC has mentioned CASH today following trading statement.

Still a buy. Thought it might be !!

capa

Good day today, should see a steady climb hopefully from now on.

capa

I'm still with you capa , often takes a while for good news to be reflected in the price.

I'm in no rush.

Agreed Dil, well done on your bet on Wales by the way.

The weekend rugby was disappointing though don't you think, the French and Irish especially so, wide open this year based upon those three games.

capa

Techinvest has Cardpoint as a hold after tipping it at the New Year. They generally get it right.

Cheers Fred.

Just read the ADVFN thread capa , a few names I recognize with good track records have joined the party over the last few weeks , gives me added confidence.

Onwards and upwards.

Was tempred to get out quickly about 2 weeks back when all that negative tripe over ATMs were doing the rounds. Glad I stayed in now.

cheers GF.

Dil.

Just read the thread, I see what you mean, nice to be in before them for a change :-)

capa