Excelent looking chart a breakout now occuring after 2 months of consolidation.

gf

Just some background information on the company.
About DataCash

DataCash is the only listed payment solution provider in Europe with a market
cap of 16m. DataCash processes over 2m transactions a month for its clients
with a value of over 190m per month.

DataCash provides outsourced solutions for the authorisation, settlement and
fraud management of credit and debit cards as well as direct debits, direct
credits and cheques. All transactions are accessible to merchants through a
real-time MIS Reporting Suite.

DataCash's fraud management solutions support industry initiatives such as AVS/
CV2 and 3-D Secure's Verified by Visa and MasterCard SecureCode as well as
traditional rules-based fraud screening.

DataCash's solutions are suitable for merchants selling through any channel
including the Web, Interactive TV, Kiosk, Call Centre, Interactive Voice
Response ('IVR') or even traditional High Street point of sales channels.

gf

Counting the cash
Growing blue-chip customer base.
Potentially attractive bid target.
Cash-generative, set to pay first dividend.
Compound annual growth rate of 100%.

By David Pannell
Thu 5 Jun 2003 07:43:30(102733)
(Nothing-Ventured.com)

- E-commerce transactions on the Web are are expected to increase by as much as 25% per year over the next two years. One fast-growing, but relatively small, UK company is capturing a significant slice of blue-chip business that could make it an attractive bid target.


Aim-listed Datacash, which has just changed its change its name from Auxinet, processes credit, debit and other payments for scores of businesses. Demand for its technology and services is growing rapidly, driven by e-commerce and "cardholder not present" transactions, for example through call centres.

The core of Datacash's business is a payment gateway, which communicates between merchants and acquiring banks. The underlying technology was developed over a number of years and it stands out for its robustness (99.999% availability). During 2002 the company increased the capacity of its technology to 100m transactions a month.

Datacash's blue-chip customer base is focused on betting (e.g. Ladbrokes, Paddy Power) and retail (e.g. B&Q, Homebase), with some government (e.g. Camden council), travel and financial services users. Its top 20 clients account for 75% of transactions and 67% of revenue. New customers last year included Channel Tunnel Group, Domino's Pizza and Vernon's Pools. There is a solid pipeline of potential clients.

Interviews with a selection of Datacash's customers suggest that the technology is more robust than its competitors', easier to implement and slightly cheaper.

It is important to note that Datacash does not have any exposure to fraud or credit card misuse. This is the responsibility of the merchant in "cardholder not present" transactions and the bank for "cardholder present". The business charges users an annual licence fee (about 1,000) and per transaction (100 per 1,000 swipes).

Datacash also successfully competes against large players, for example Royal Bank of Scotland and Retail Logic. American competition so far remains muted. All of these groups are potentially buyers of the business over the next two to three years.

The firm is now profitable and should be capable of increasing turnover by 20%-plus for a number of years. With 100% gross margins and low fixed costs, most of this revenue growth drops to the bottom line.

Cash generation is particularly strong and should support an inaugural dividend of 0.6p this year, providing a yield of nearly 2%. Its capital expenditure requirements remain minimal. Datacash's quarterly revenue has increased from 50,000 in the first quarter of 1999 to 740,000 in the last quarter of 2002, a compound growth rate of 100%.

Datacash is trading on a p/e of 15x 2003 earnings, falling to 9x in 2004. Given that it will increase earnings at 76% in 2004, there is significant potential upside, particularly if there is a change in investor sentiment towards growth stocks.

On our valuation of 44p, Datacash would be trading on a 2003 PE of 19x, which we believe is reasonable given its growth prospects. A take-out bid from a large competitor is a distinct possibility.

Datacash has an eminently sensible and conservative strategy. Now that profitability has been achieved, its immediate priority is to add new clients and increase transaction volumes. We believe that the company should be capable of long-term growth, both from its existing markets, such as travel - in which it is currently under-represented - and others. For instance, it has no exposure at all to the so-called "adult" market.

Travel represents up to a third of total e-commerce by value and is consistently growing at 30% per annum. Although Datacash has some customers, for example Easycar and Thameslink, it lacks penetration in the major players. These include the low-cost airlines, eBookers and Lastminute.

It can also diversify away from e-commerce to "cardholder present" retail sales, which represent more than 90% of the payment processing market. It recently started a pilot version with a well-known UK bookmaker. If it can build a presence in this market it will significantly expand its opportunities.

There is also room for geographical expansion. Almost all of Datacash's revenue is generated from the UK, where it estimates it has 30% of the market. There are some opportunities in Europe, which has a less mature e-commerce market.

Buy for the long term.ENDS.

Sounds pretty good doesnt it.

gf.

Last results from this high growth company.
It is worth noting that the share price is underpinned by net assetts of circa 34p per share.

Auxinet PLC
08 April 2003

Auxinet PLC

FINAL RESULTS
Year ended 31 December 2002


Highlights

• 2002 Operating Loss reduced to 391,000 (2001: 4.195m) before goodwill
amortisation
• Profitable since September 2002
• Cash generative since September 2002
• Forecasting sustainable profitability and cash generation in 2003
• Recommending changing name to DataCash Group plc at AGM
• Seeking permission to buy back up to 10% of shares


David Bailey, Chairman of Auxinet plc, said:

'The Board's stated objective of underlying sustainable, profitable, cash
generative growth has been realised since September 2002.

In 2003 we expect to capitalise on our strengths, our world class technology,
experienced staff and impressive client base...........we will do it with the
additional confidence of sustainable profitability and growing cash balances.

The Board will recommend changing the name of the Group to DataCash Group plc...
and will seek authority to buy back up to 10% of the issued ordinary share
capital'.

For further information contact:

David Bailey (Chairman): 0870 7274760
Keith Butcher (Finance Director): 0870 7274760

CHAIRMAN'S STATEMENT

2002 was the first full year where the Group was solely focused on our payments
system, DataCash, now the only active trading company within the Group.
DataCash's turnover grew by 30% from 2.07m to 2.70m. In September 2002 the
company reached the significant milestone of becoming both profitable and cash
generative. Group losses, before goodwill amortisation, were significantly
reduced to 391,000 (2001: 4.87m). The second half produced a loss of 114,000.

Our revenue derives from a combination of annual licensing fees and monthly
transaction fees. The transaction fees rise as the volume of transactions grows.
In the last year the number of transactions processed grew strongly to 18
million. Since DataCash's inception in September 1997 there has been growth in
both transactions and revenues in every quarter (adjusting for one-off
receipts). The underlying business model provides the framework for the Board to
have confidence that this trend will continue. The Board's stated objective of
underlying sustainable, profitable, cash generative growth has been realised
since September 2002.

We reduced our overheads significantly from 2001 levels and our costs for the
current year are expected to remain at around the same levels as in 2002. Both
the organisation and systems have the capacity to support further significant
growth in transactions, which is expected to result in increased profits.

The Group has no borrowings. Cash balances fell from 951,000 to 667,000 in the
year. Importantly, cash balances grew from September 2002 and we expect to be
significantly cash generative in 2003.

In 2002 we invested in systems and in extending our product range. As previously
reported, we have increased the capacity of the system to a theoretical 100
million transactions per month, approximately 50 times current volumes. During
the year we introduced a number of new products and are pleased that we met our
customers' needs for the support of new and additional payment methods.

Our customer base is changing, moving away from new Internet companies towards
more established high volume customers. We are pleased that a number of
international customers have selected DataCash as their payment solution
provider in the UK, reflecting our leadership in this market.

We are seeing large customers, who hitherto had their own in-house systems, now
moving to outsource this service due to the growing complexities and cost of
providing and supporting, a payments service. This is providing opportunities to
move from purely e-commerce 'Card Holder Not Present' (CNP) transactions to
physical, 'Card Holder Present' (CHP), point of sale transactions. This CHP
market is estimated to be 30-40 times larger than the CNP market. It is a
different market, but one we believe will contribute to our growth in the
future.

It is encouraging that our staff have all been with us for a considerable time,
providing a stable base from which to grow. I would like to take this
opportunity to thank them for their loyalty and commitment through 2002.

In 2003 we expect to be able to capitalise further on our strengths; our world
class technology, experienced staff and impressive client base. This year we
will do it with the additional confidence of sustainable profitability and
growing cash balances. We look forward to reporting on progress.

At the 2003 Annual General Meeting the Board will recommend changing the name of
the Group to DataCash Group plc. The name 'Auxinet' was an umbrella name under
which to trade both the payments and the recruitment businesses. As we are now
purely involved in payment processing it seems sensible to change the Group name
to reflect that. We also intend to seek authority to potentially buy back up to
10% of the Company's issued ordinary share capital.

David Bailey
Chairman

GF

Heres the last AGM ststement.

Auxinet PLC
28 May 2003

AUXINET PLC ANNOUNCEMENT 28 MAY 2003


At today's AGM of Auxinet plc, the Chairman , David Bailey, made the following
statement:

'DataCash continues to invest in development to address customer needs and to
enhance our competitiveness.

In the first 5 months of the year we have had good merchant wins, especially in
the retail sector. Transaction growth has been strong, generating good revenue
and profits growth, and we continue to generate cash from operations. We look
forward to reporting on progress with the interim results in August.'

Auxinet confirmed that all of its AGM Resolutions were passed, including the
Special Resolution approving the change of name to DataCash Group plc. This new
name is expected to be effective from 2nd June 2003.


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

gf.

Excelent news from the companies site.

DataCash goes live with ground breaking fraud prevention solution
21st July 2003

DataCash is pleased to announce that two of the UK's leading gaming companies, Globet International Sports Betting and Betonmarkets.com, have today re-launched their online sites incorporating the security features offered by the DataCash 3-D Secure Merchant Plug In (MPI).

DataCash, the leading independent provider of outsourced credit card processing services in the UK, has worked closely with the UK acquiring banks, Visa International and MasterCard to develop a unique solution to the problem of Internet Credit Card Security. Tight integration of the MPI with DataCash 's outsourced Payment Gateway allows the merchant to obtain the benefits of 3D-Secure without having to install and maintain expensive third party systems.

Globet International Sports Betting and Betonmarkets.com are the first merchants to go live with DataCash's ground-breaking innovation which allows card holders to authenticate themselves with their card issuer prior to any money being taken from their card. 3-D Secure eliminates the threat of identity theft ensuring that only transactions approved and authorised by a cardholder appear on their card. It also eliminates the threat of repudiation chargebacks for the merchant. Merchants trading online now have the same security as high street merchants.

Gavin Breeze, Business Development Director at DataCash says, "We are delighted to be the first independent Payment Service Provider in the UK to develop and get the appropriate accreditations for our 3-D Secure MPI. As this is provided to merchants as an outsourced service, they can now upgrade their payments e-commerce infrastructure quickly and cheaply to benefit from the liability shift 3-D Secure entitles them to."

Jean-Yves Sireau, Managing Director at Betonmarkets, says, "3-D Secure provides Betonmarkets.com with a certified online payments environment. It is in our opinion the most important development in online payments since the start of the e-commerce boom and will significantly increase the volume of online business performed by merchants worldwide."

Bruno Moroni, Globet.com CEO commented, "This is a most welcome addition to the Globet site. 3D Secure offers protection to both our customers and to Globet. Security, or a perceived lack of it, is the most common reason that some customers are still unwilling to use their cards online. Now customers using a Visa card at Globet.com can rest assured that it is as safe as using it in their local supermarket."

Tony Surridge, Director, Retailer Card Services, The Royal Bank of Scotland Group stated, "By supporting Verified by Visa we are delighted to be able to introduce to our portfolio of online services a key global solution for online payment authentication.

We are pleased to be among the first banks in the world to support this means of online authentication and method for retailers to protect themselves against disputed transactions. Online fraud is a real consumer concern and our introduction of Verified by Visa demonstrates our commitment to protecting the future of online retail."

Contact
DataCash
Gavin Breeze
gavin@datacash.com
0870 727 4761 ENDS.

WOW is this big. Make no mistake this technology is a world beater and the company have only just started rolling it out.

How many companies will be lining up to buy this?, an awful lot you can bet.

Fantastic news. just wait while this breaks with the financial press.

In fact it has. Today the Express are covering the company with a note saying that Datacash are about to sign another contract with a large bank.


Results August. There is massive potential here and they have first mover advantage on the internet.

GF.

Share price now thrashing the moving averages.



gf.

Case Study: B&Q Direct.


B&Q Direct's online transactional website, www.DIY.com, was launched in January 2001. By March 2003 it had become one of the largest stores in B&Q and its continued rapid growth will soon make it the biggest store in the group. The site sells a range of 14,000 products and is already the number one store for many heavy and bulky items and many other smaller product ranges.

As well as generating considerable revenues of its own, DIY.com is part of a wider, multi-channel retail strategy that includes call centres and catalogues. All channels feed each other. For instance, 10% of those that shop in-store have researched their purchases online.

A critical component in the overall success of DIY.com and the B&Q Direct call centres is their ability to process credit and debit cards efficiently and to restrict the level of card fraud. In September 2002 B&Q Direct appointed DataCash, a leading UK-based provider of outsourced payment processing and fraud prevention solutions, to handle the credit and debit card processing for both DIY.com and all its call centres.

Before DataCash was appointed, B&Q had used a software solution provided by a US-based company to handle its card processing. B&Q had two key issues with this solution, one technical and one business, which led them to look for a new supplier.

1. Technical Issues
B&Q were using a software product from a US-based company. This presented three key issues.

Firstly, because it was a software product it needed to be installed on B&Q's own machines in their own premises, all of which incurred significant capital cost. Also B&Q had to design, integrate, test, implement, and most importantly, incur the cost and time of 'feeding and watering' the hardware, software and communication links with the banks required to support and run the card payments processing cycle.

Secondly, there were issues with the quality and timeliness of the software supplier's technical support, some of which were due to problems inherent in trans-Atlantic time differences. It quickly became clear that B&Q needed a locally based supplier if they were to get the quality and speed of support they expected.

Thirdly, the focus and pace of software development was not in line with the desired direction for B&Q Direct, which was geared towards taking advantage of quick implementations of new value-add initiatives across the UK card processing market. At a time when the protocols and standards for processing e-commerce card transactions are still evolving, this lack of focus and commitment was becoming a serious issue.

2. Business Issues
Keeping fraud to a minimum is vital to any retailer, especially when margins are under constant pressure. Before the appointment of DataCash, B&Q was suffering from unacceptable levels of fraud, and was therefore under significant pressure to reduce its fraud percentage.

B&Q began to research suppliers of payment processing solutions that were able to support new UK-based anti-fraud initiatives like AVS/CSC, deliver fraud screening solutions and were committed to emerging card industry initiatives such as Verified by Visa.

DataCash is a fully outsourced, hosted solution meaning that B&Q are no longer required to meet operational costs of having their own infrastructure. Delivering world class service availability of over 99.99% allows B&Q to focus on its core skills, maximising the earnings potential from its web site and call centres.


As a UK-based company, DataCash is sensibly located to provide B&Q with high quality, highly responsive technical and account management support.


Meanwhile, DataCash's web-based, real-time MIS Reporting service enables B&Q to monitor and report on transactions on a summary-to-detailed channel basis.


Within six months, fraud has quickly been reduced through a combination of AVS and highly sophisticated, customisable fraud screening tools. Experience suggests this will continue to fall as historic data allows for more fine-tuning of the fraud screening rules.


DataCash, through its early accreditation and support for Verified by Visa protocols, has demonstrated its commitment to keeping pace with future trends and requirements.
"B&Q Direct is a delight to work with. We take great pride in our ability to deliver World Class outsourced payment solutions and relish the challenge of meeting the demands of leaders in their industry. In the six months since we began working together, B&Q have seen their transaction volumes significantly increase, and at the same time fraud has been significantly reduced."

(Gavin Breeze, Business Development Director,
"Our aim is to make a customer's shopping mission as quick & easy as possible, and as part of delivering against this principle we have chosen to work with DataCash. The integration of our web and telephone sales channels to the DataCash solution has allowed us to minimise any payment related delays in order processing, whilst providing a toolset that leaves us better able to detect fraud."


GF.

22/07/2003



Chairman of DataCash Group PLC discusses scalability of pence-per-click transaction pricing model in Wall Street Transcript interview.

DAVID BAILEY is the Non-Executive Chairman of DataCash Group PLC

TWST: Can we start off with an introduction to DataCash (London: DATA.L), including a brief historical sketch?

Mr. Bailey: DataCash is a business that grew out of the internet. It was set up to do micro payments on a pay-per-view basis in 1996, but there was no market for that and so somebody realized that the system could be used to actually take payments of purchases made over the internet. That was the starting point. It has always gone for a very simple model which is to charge on a pence-per-click basis not on a percentage of the value of transactions, which has meant we have managed to build ourselves, in the U.K. anyway, a marketplace with a very good list of blue-chip customers people who were serious about e-commerce, if you like, from the early days.We have a very dominant position especially in the gaming market in the U.K. in terms of payment processing for the big names over here. People like Ladbrokes, Paddy Power (Dublin: PAP.I - news) and Betfair are all customers of ours. In fact, over 90% of the all the gaming companies in this country that use the internet or use IP as a payments processor use us as a payment system.On top of that we are also making more and more inroads in the retail market. We are the dominant payment processor in the U.K. with a market share of somewhere in excess of 35%, but that still makes us a very small business. Last year we turned over 2.7 million and made a small loss. This year the brokers forecast somewhere around 4 million of revenue with pushing 1 million of profit.We have achieved critical mass and we have been profitable since September. We have a very good business model in so far as around 70% of revenue comes from this transaction pricing model. Transactions grow at around 3% per month compound and have been consistent at about that for a long time. So it's a very nice business model. Costs are also very much under control. We have about 30 people employed and costs were 3.1 million last year and will be a bit lower than that this year. We believe we can run this business on a cost basis of about 3 million a year and hopefully just get strong revenue growth.

TWST: As you look at to the next couple of years, what do you see as your main objectives and strategic direction?

Mr. Bailey: What we would like to do is continue consolidating our position as the market leader. We think there is a bit of a land grab in this retail area where there is a lot more outsourcing or recognition of the opportunity to go for an outsourced solution in the payments area, partly because payments are becoming more complicated and partly because the historic solutions they have had, where they have in-sourced it, are beginning to creak and not give them the kind of management information they want. We believe that there is a good opportunity to grow our customer base in the UK and progressively into Europe. We do need to support our merchants increasingly on a global basis, and there are a number of issues involved in that in terms of where banking allow you to go on a global basis. Our objective is to support our merchants wherever our merchants require it. We see opportunities to move up the value chain with new products onto our existing client base. We still have a relatively small number of customers, something in the range of about 600. We are processing, at the moment, about 2.25 million transactions a month, which is about 50% higher than this time last year. We see that continuing to grow; we see the customer base continuing to grow; and we see profitability giving us a clear ability to differentiate from our competitors because we nobody else is profitable in this space, certainly Cybersource (NASDAQ: CYBS - news) isn't. I think that is going to give us extra credibility as increasingly customers looking for stable and sustainable businesses when they are putting out mission critical solutions into their systems.ENDS.

Further evidence that Datacash is the WORLD LEADER.

gf.

And we have even more high class technology from the company.

ADM Network chooses DataCash for Direct Debit transaction processing for "AutoDebit".

Using the DataCash service ADM has created "AutoDebit", the ultimate system for mass Direct-Debiting. It allows staff to manage customers, products and debit schedules from anywhere in the world and, by providing full integration with every major bank, allows staff to determine the status of transactions instantly.

AutoDebit was originally built specifically for mobile phone retail and insurance, ,but has since been adapted to suit any industry.

DataCash provides ADM with the automated direct debit set-up and draw down services that delivers the core functionality to the system.

"AutoDebit makes any large scale Direct Debit operation a breeze. The support is superb and the product very easy to use. Almost everything can be automated: we couldn't live without it!"

-- Nick Simpson, Excalibur Communications GB

A debiting schedule can be completed within minutes, after which the system, using the DataCash set-up and draw down services, will debit automatically and without human intervention. AutoDebit allows you to mass-print outstanding customer debit confirmations, schedules etc. with company logo and details, from whichever computer is most convenient at the time. Administrative access gives you the control to monitor progress and to manage access levels.

"AutoDebit has enabled us to launch our latest Insurance product within very tight timescales and with complete simplicity. It's also great to have a system that is constantly evolving with the needs of the business"

-- Mark Gordon, Mobilexpo Ltd

Every system event is logged, every staff action recorded. Detailed reports can be generated at any time you wish, for any date range, location or staff member, giving you a crystal-clear overview. SMS messaging integration enables simple reports to be sent to your phone. Similarly you may choose to inform customers by SMS if a debit fails eliminating the need for costly postal communication.

Adam Bishop, MD of ADM, who designed the program architecture comments:

"When we looked around at the potential suppliers for the direct debit processing we found DataCash offered the only truly bespoke solution. Most are either lacking in features or too generic to be scalable.

"The original product was built, tested and live within two months. On day one we had two significant clients using the system, each inputting thousands of customers a month.

"DataCash have been a great support throughout the project, and their staff very professional. The level of technical expertise of the phone and e-mail teams contributed greatly to the swift completion of the project."

"AutoDebit has quickly become a significant product within our range, and following its successful launch we have introduced numerous performance enhancements based on customer experience, in line with our policy of continual improvement and development."

See: https://www.admnetwork.com/Default.asp?Action=AutoDebit

Contact:
Adam Bishop, Managing Director, ADM


Gavin Breeze, Director, DataCash ENDS.
GF

Update from Yahoo - STRONG BUY.

http://uk.biz.yahoo.com/z/d/data.l.html

GF

GF

I note your info on CASH - I wonder if you're still in DATA? This is one you tipped back in July. Seems to be dipping a bit now. Still a hold?

Most certainly still an hold Mitch in fact this afternoon Im going to have a few more of these. All we need is an update and I think this one will soar.
Any idea when next results due?, cant be that far away.

cheers gf.

This news might put some life into the price......

LONDON (AFX) - Datacash Group PLC said it has extended the functionality of its outsourced payment gateway to support new Chip and PIN cardholder present transaction standards, which allows it to offer services to high street 'bricks and mortar' retailers.

The Chip and PIN initiative, introduced by the banking industry earlier this year, requires card users to enter a four-digit Personal Identification Number (PIN) instead of signing a paper receipt at the checkout.

Gavin Breeze, Business Development Director of DataCash said: 'DataCash is now working closely with systems integrator partners, retailers and Point of Sale (POS) software suppliers to roll out our outsourced managed Electronic Funds Transfer solution for chip and PIN.'

newsdesk@afxnews.com

Yup price already up and looking strong.

cheers GF.

This is a great deal for Datacash make no doubts about that. Its now got its foot in the government gateway door. Contracts should flow from here.

RNS Number:1380U
Datacash Group PLC
13 January 2004

Embargoed for 7.00am Tuesday 13th January 2004
DataCash Group Plc ('DataCash' or 'the Company')



DATACASH ROLLS OUT PAYMENTS SOLUTIONS
FOR GOVERNMENT GATEWAY


Overview:


* DataCash chosen by multinational IT group Schlumberger to operate credit card
and direct debit payment services on the Government's new Gateway internet
payment system

* Both companies and individuals will be able to order services from Government
departments via the internet using the new network

* Online payment technology selected for its security, reliability and ease of
use

* DataCash expects a rapid expansion of volumes in payment transactions on the
network

* Agreement compliments DataCash's already substantial presence in the UK's
online card processing market


DataCash, the UK's leading payment services provider, today announced it has
been appointed by SchlumbergerSema, the Information Technology business segment
of Schlumberger Limited, to supply its outsourced solutions for the Cabinet
Office's Government Gateway.

SchlumbergerSema provides systems integration and managed services for the
Government Gateway and, in order to procure those services, has contracted
DataCash to provide its card and direct debit payment services.

The Government Gateway is a secure, resilient hub that provides a single point
of contact for citizens to access UK Government information via the Internet.
The Gateway links to individual departments, local authorities and trusted
portals. It is an important part of the government's strategy of delivering
'joined up' government, enabling people to communicate and make transactions
with government from a single point of entry.

A number of government organisations are already available online through the
Gateway including DEFRA, DWP, DARDNI, DTI, HM Customs and Excise, Inland
Revenue, and LRNI

One of the key business drivers in the latest release of the Government Gateway
was the need to support all combinations of payment from citizens to government,
business to government and intra government.

DataCash has been selected to provide the secure, outsourced, payments
technology that supports the Gateway's ability to take and process payments made
by credit and debit card as well as direct debit and direct credit.

Derek Ward, managing director for public sector at SchlumbergerSema, said, "The
DataCash solution meets the needs of the Cabinet Office providing a secure,
reliable and easy to use online payment mechanism. SchlumbergerSema has worked
closely with DataCash to integrate the solution seamlessly into the existing
infrastructure and deliver this new functionality to the Government Gateway on
time and to budget."

Gavin Breeze, Business Development Director, DataCash said, "We are delighted to
have been selected to provide the outsourced payment solutions behind the
Gateway. We deliver a robust, scalable, highly secure service capable of
processing what we anticipate will be a rapidly expanding volume of payment
transactions. DEFRA was the first department to go live with our system and we
look forward to working closely with both SchlumbergerSema and the Cabinet
Office as we roll out the solution to government departments and local
authorities." ENDS.

Fantastic news.

cheers GF.

Croc

This not only great contract news, but this will give the corporate world the confidence to deal with this small company. I expect we will now see a flow of contract signings which will make t/o jump as well as profits. THIS WILL ALSO ATTRACT OTHER COMPANIES TO RUN THEIR SLIDE RULE OVER DATACASH AND COULD ATTRACT A BID.

Raging buy!!!!!!!!!!!!!! New highs will not be far away!!!!!!!!!!!!

Good point about a bid, there was rumours a few months back that a few American Banks were taking note of this one. Now up 5% suprised more people on this board havent recognised the magnitude of this deal announced today. It could be really massive.

cheers GF.

Croc

I'm sure that Shares amongst others, and the techie brokers will pick up on this and will bring their clients in when the magnitude of this contract is discussed. I don't think it will take too long before we hear the thunder of the herds hooves.

Back in today myself after selling last August. The calibre of Schlumberger is good but the implications inherent in what is effectively the Inland Revenue and friends trusting information to Datacash's systems is not to be underestimeated, in my view.

Spot on Bones. This is big stuff in my view. Up again today and looking strong. Think we will get broker upgrades now on this one.

cheers GF.

todays shares has a review of their 2003 picks today - their new view is still buy,"we were disappointed with the shares un tilthe company this week announced a massive deal with the government....expect 3p-4p eps this year"....buying at the open today me....

RNS Number:2416U
Datacash Group PLC
15 January 2004


DataCash Group Plc ('DataCash' or 'the Company')
PRE-CLOSE TRADING UPDATE


The Directors of DataCash Group Plc, the AIM listed payments service provider,
are pleased to announce a pre-close trading statement for the year ended 31
December 2003.


* This has been a good year for DataCash. The Group achieved
pre-tax (pre-goodwill amortisation) profits for 2003 in excess of 700,000
compared to a 2002 loss of 391,000. Year-end cash balances more than doubled
from the 666,000 at December 31st 2002.


* Transaction growth was impressive, particularly in the fourth
quarter, reflecting a number of new contracts with high street retailers and the
general growth in on-line retailing.


* Statistics from the Interactive Media in Retail Group (IMRG)
suggest on-line retailing is growing at an annual rate of 44% compared with an
increase of just 0.6% in traditional retailing.


* DataCash customers have seen transaction growth in excess of
those statistics and the Company is now processing payments with a monthly value
of more than 200m on behalf of its clients.


* DataCash believes that there should be continued growth in 2004
helped by a variety of factors including the improved quality of retail
websites, the growing acceptability of the convenience, security and reliability
of on-line purchasing together with the growing penetration of Broadband
services.


* DataCash is well positioned to benefit from the growth in
on-line trading and has achieved the notable success of being the first UK
Payment Service Provider to process a 3D-Secure transaction (3D-Secure is the
protocol promoted by both MasterCard and Visa to mirror the High Street's Chip
and PIN initiative)


* As reported in the interim statement, the Company is progressing
opportunities in the 'cardholder present' high street retail market. All
retailers with physical stores (rather than on-line retailers) are reviewing
their payment processing requirements as a result of the bank mandated
introduction of Chip and PIN in January 2005.


* There was no revenue for DataCash from card holder present
transactions in 2003 and it is unlikely to make a material contribution in 2004.
However, it is exploring a number of opportunities that could provide
significant additional revenues and profits from the high street in the medium
term.


* The DataCash infrastructure is capable of handling far greater
volumes of transactions with only a modest increase in overheads. Capturing more
business to exploit this capacity presents opportunities for future growth in
2004. The Directors look forward to the challenge with confidence.


* The Company expect to report final figures towards the end of March.


* * ENDS * *


Issued on behalf of DataCash Group Plc by St Brides Media & Finance Ltd, 46
Bedford Row, London WC1R 4LR.

Contacts:

David Bailey DataCash Tel: 0870 7274760
Cliff Feltham/Isabel Crossley St Brides Tel: 020 72424477


Note to editors:

* DataCash provides the electronic services, by which merchants
can accept, authorise and settle transactions made by a variety of financial
instruments such as cards and direct debts.

* The Company has been listed on AIM since 1996 and last June
changed its name from Auxinet plc to DataCash Group plc to reflect the fact that
it is now purely focused on payments processing.


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

I notice on my credit card statement that the MoneyAM sub is referenced "Datacash Ltd".

Just gets better doesnt it guys, must be one of the hottest small caps about on the market at the moment. Looks like mega growth to come.

cheers GF.

Some more information on this big gateway deal.

http://www.creditman.biz/uk/members/news-view.asp?newsviewID=2797&id=1&mylocation=News&chksrc=NNow4251

About Government Gateway

The Government Gateway allows government organisations and electronic business users and citizens to communicate with each other using a common, consistent mechanism. The Gateway infrastructure also enables government departments and organisations to communicate between themselves - so a central government department, for example, could use the Gateway to securely route transactions to a local authority


The Gateway facilitates joined-up working between all stakeholders and acts as an intelligent hub; providing authentication services, verifying the integrity and validity of submitted transactions from citizens and businesses and routing them to and from appropriate government departments and organisations.


The potential user community consists of tens of millions of citizens, agents and businesses. The number of national, regional and local government organisations is estimated to be in excess of 1,000.



For more information, visit http://www.gateway.gov.uk

cheers GF.

GF

Do you think this is first step to paying Pensions, giros, childrens allowance, parking fines, military salaries, local and civil servants pay, council rents ............etc etc etc......direct to bank accounts? That would add bn's to transaction flows PER WEEK!!!!!!!!!!! ON CURRENT BASE OF 50m

I've got to buy more!

Dunskey, most certainly and thats why I keep pointing out this deal is massive.
A lot of investors and analysts I have to say, just havent caught on yet what this means but they will.

cheers GF.

GF,I like you am convinced but wonder how long a 28m market cap can survive surely one of the big players in this market will whip them off the table for 50-100m.

Have the company given any indication of how they see the revenue build up from this contract? Can you tell me what city analysts cover this stock.

ps bt more!

HI..noticed trading prices on AM streaming screen keep showing deals at for instance 54p not 64p etc that is shown as being mid price...Any reasond for that?

Bombed today this one and still a lot more to come.

cheers GF.

Still moving upwards fantistic rise over the last few days. 'Loads a money'

cheers Gf.

1 million shares traded today. Hopefully, the activity will get them noticed a bit more. I hope to see consolidation at these higher levels.

Bones, were both rolling in the dosh and theres more to come.

cheers GF.

ps, shows patience pays off in this business.

I note that Investors Chronicle give a highlighted section to Datacash this week and that is before they will have had time to digest the pre-close trading statement.The good news since the turn of the year should insure that Datacash is significantly re-rated by the year end.

Tipped as a BUY by Growth Company Investor friday evening.............

BUY
Tipped as a buy on these pages a year ago at 26.75p, DataCash has justified our faith with its steady share price performance and a healthy pre-close trading update. Formerly known as Auxinet, the company changed its name in June as it became focused pure.......

cheers GF.

And from the FT....................

Datacash shares lifted by improved trading outlook
By Astrid Wendlandt
Published: January 16 2004 4:00 | Last Updated: January 16 2004 4:00

Online retailers are growing at a much faster rate than their bricks-and-mortar rivals but they are starting from a much lower base, according to Datacash Group, the internet payment services provider.


The group, which expects to report a narrowing of pre-tax losses for 2003, said online shopping was expanding at an annual rate of 44 per cent while "traditional retailing" was growing at only 0.6 per cent, quoting statistics from Interactive Media in Retail Group, the trade body.

An improved trading outlook revealed in a pre-close statement lifted the company's shares by more than 14 per cent, or 8p, to 65p. They have been steadily climbing from a low of 18p in November 2002.

The company said it expected improvements in retail websites to continue fuelling growth in 2004. However, Datacash stressed that internet shopping was still relatively small as it made up only 2-3 per cent of total retail spending in the UK, up from 0.5 per cent in 2000.

David Bailey, chairman, said: "The online experience is much better than it was a year ago as many retailers have revamped and upgraded their sites."

It said it was now processing payments with a monthly value of more than 200m for customers such as B&Q, Boots and Homebase. However, it said its largest customers were gaming companies such as Ladbrokes and Betfair.com, which generated more than 65 per cent of transactions.

It said it had become the first UK payment service provider to have adopted a new technology called 3-D Secure Transaction - the online equivalent of the high street's chip and pin service, promoted by Mastercard and Visa, that will be introduced in January 2005.

cheers GF.

I expect this one to go higher this week and continue its recent good run.

cheers GF.

Lifted from another board re- growth company tip this weekend.

DataCash - BUY (66.75p)

Tipped as a buy on these pages a year ago at 26.75p, DataCash has justified
our faith with its steady share price performance and a healthy pre-close
trading update. Formerly known as Auxinet, the company changed its name in
June as it became focused purely on payments processing. Calendar 2003 was a
good year - pre-goodwill pre-tax profits came in at more than 700,000, a
resounding result given the 391,000 loss recorded in 2002. The year-end
cash balance 'more than doubled' from the 666,000 figure a year earlier.
David Bailey, the chairman, flagged up impressive transaction growth,
especially in the fourth quarter, buoyed by new deals with high street
retailers. Furthermore, online retailers are growing at a quicker pace than
their bricks and mortar peers - 44% annually against just 0.6% for
traditional retailing. Investors can expect more growth this year, as retail
websites sharpen up in terms of quality, online buying becomes more secure
and reliable, and broadband services burgeon. Intriguingly, this company
scored a notable success as the first UK payment service provider to process
a '3-D Secure' transaction. This is a protocol promoted by MasterCard and
Visa mirroring the high street's chip and PIN initiative that will be
implemented in January 2005. We reiterate our buy stance.

cheers GF.

We bottled out and couldn't say no to the quick profit on a closing deal. After such a sudden rise I expect some profit taking, esp as stock recommended at 52p (ish) a few months ago and has done little of substance since then until recent rise. Historically the two previous rises have been follwed by a fall and this last rise may be no different.

Minx, this time around, the rises are on the back of news releases that reinforce the notion that Datacash might well be gaining a dominant foothold in the UK for debit/credit card transactions security ultimately replacing the need for signatures by customers even in "cardholder present" transactions. They are the first to use 3D secure technology being developed in conjunction with Mastercard/Visa. First mover advantage in such a large marketplace could pay off handsomely IMHO. However, please DYOR, as always!

http://moneyam.uk-wire.com/cgi-bin/articles/200312101243540942T.html

Datacash have won the contract for transactions made through the Government Gateway (see article below) - this is the central hub for transacting with and within the public sector i.e. the central hub for the Government's Modernising Government programme/eGovernment. Interestingly, the Government Gateway is built using two theologically oppposed architectures - J2EE and ASP. SchlumbergerSema built the ASP version of the Gov Gateway using Microsoft BizTalk Server, and I'd be keen to know who built the J2EE version and whether Datacash could win the contract for this piece as well????? Either way a prestigious contract win for Datacash. Decent tip GF.

DataCash rolls out payments solutions for Government Gateway
Date: Tuesday 13 January 2004

DataCash, the UK's leading payment services provider, today announced it has been appointed by SchlumbergerSema, the Information Technology business segment of Schlumberger Limited, to supply its outsourced solutions for the Cabinet Office's Government Gateway.

SchlumbergerSema provides systems integration and managed services for the Government Gateway and, in order to procure those services, has contracted DataCash to provide its card and direct debit payment services.

The Government Gateway is a secure, resilient hub that provides a single point of contact for citizens to access UK Government information via the Internet. The Gateway links to individual departments, local authorities and trusted portals. It is an important part of the government's strategy of delivering 'joined up' government, enabling people to communicate and make transactions with government from a single point of entry.

A number of government organisations are already available online through the Gateway including DEFRA, DWP, DARDNI, DTI, HM Customs and Excise, Inland Revenue, and LRNI.

One of the key business drivers in the latest release of the Government Gateway was the need to support all combinations of payment from citizens to government, business to government and intra government.

DataCash has been selected to provide the secure, outsourced, payments technology that supports the Gateway's ability to take and process payments made by credit and debit card as well as direct debit and direct credit.

Derek Ward, managing director for public sector at SchlumbergerSema, said, "The DataCash solution meets the needs of the Cabinet Office providing a secure, reliable and easy to use online payment mechanism. SchlumbergerSema has worked closely with DataCash to integrate the solution seamlessly into the existing infrastructure and deliver this new functionality to the Government Gateway on time and to budget."

Gavin Breeze, Business Development Director, DataCash said, "We are delighted to have been selected to provide the outsourced payment solutions behind the Gateway. We deliver a robust, scalable, highly secure service capable of processing what we anticipate will be a rapidly expanding volume of payment transactions. DEFRA was the first department to go live with our system and we look forward to working closely with both SchlumbergerSema and the Cabinet Office as we roll out the solution to government departments and local authorities."

Up again today and not far of the brokers 75p conservative target.

cheers GF.

Profit taking may have finished. looked like buyers coming back in this afternoon.

cheers GF.

noticed the bid price drop and offer rise yesterday....any explanations?

GF - I understand you took some profits too (GF tips thread). Just reducing your average cost of the balance presumably? (a good idea by the way).

I will be looking at the price behaviour over the next few days. The chart is forming a potential flag (65 - 70 range) on a 20p "flagpole". I would hope for a breakout above 70p next week, in which case my expectation would be a quick run to 85p to complete the continuation pattern. As I have 90p as a long term resistance area, I would look to reduce or sell my holding at those levels. All will be revealed next week maybe.

A buy recommendation in the IC tomorrow would do no harm!

Bones yes I lopped the top by abour 25% of my holdings. Dont think Im giving up on these or cardpoint because I am not, nothing goes up in a straight line.

I like your figures and think these can be achieved. Good luck.

cheers Gf.

Well the 2 day decline stopped today, lets hope for further gains northwards now.

cheers GF.

Yup back on the track northwards glad I added wed.

cheers GF.

Added 50% to my holding today at 68p. Hoping for a quick whizz to 85p if we get a breakout next week.

I read today in "Moneyweek" an interesting fact - In 2002, UK punters deposited 6m into on-line poker accounts (including me!). In 2003, it was 40m. It is estimated that the number in 2004 will be another 6-fold increase - 240m. These are all credit and debit card transactions.

Who has the lion's share of the UK-based debit/credit card bookmakers transaction technology to make this happen securely?

Datacash (DATA)

Looks like a growth company to me!

Hang on Bones - I ain't bought any yet! Was looking for them to drop a tincy bit lower - I may have blundered here!

hope they do go up a bit more.....i seriously thought i had sold my holding....but must have clicked the clear order instead of place order....again..doh

He He, never mind weve all done it dave.

cheers GF.

Good couple of solid days of trades and price consolidation. Now at top of "flag" formation looking for breakout to 85p.

Started to move northwars again aftera few days of profit making. Remember this one could go to a Bank for a massive takover fee. Its real hot at the moment and will be when xmas trading figs come out on results day.

cheers Gf.

A market maker just paid 75p for 10k when the quote was 71-73!

Great stuff.

cheers GF.

Got in at last at 72 this morning. Thank goodness.

Nice solid finish to end 74-77. I hope to see another pop forward tomorrow to progress the formation to 85p+ :)

Fantastic day again bones. Keep em coming.

cheers GF.

No wonder the price buckled this morning: 70,000 shares dumped early on at 74p - 75p region. Trades reported 2 hours late!

Yup noticed that. No worries though all small caps have had a bad one today.

Nothing moves up in a straight line and Ive added yet again.

cheers GF.

Very good, GF. I have all I can carry at the moment. 70p seemed to support the price today despite a large seller (including 75k at the death on a T trade).

Motoring along this morning, hasit been tipped again?.

cheers Gf.

Yes,I have tracked this share for about 6 months but only just bought in at 65p two days ago, so to see it hit 71p today is fab. Presumably the big gains on data will come in a year or so as it dawns on punters that data will benefit hugely from the coming of the new 'pin-chip'cards. I expect good gains before then however.

But now, as Stacey says, its time for a pint in the Punters Return !

Rock on mate.

cheers GF.

Topped up today at 68.8p. I feel it is ready to roll again.

You were right Bones, an excelent call on a bad day for small caps, well done.

Lets hope it keeps rolling.

cheers GF.

Has any one heard that BACS are working on a system for transfer of international payments. Apparently a chap from BACS interviewed on WORKING LUNCH on 19 FEB. Did any one see it? Is there a contract for Data here?

Do messages get chopped off if big brother does not like you... cos I was sure I put A message on hear earlier? Lets see how long this one lasts !

.....and the message is?

The results are soon, anyone know when?????

cheers Gf.

GF:

From the pre-close statement: "The Company expect to report final figures towards the end of March."

Other than that, I have no further information but I expect the company will state the date in March.

Bones

From UK-Analyst this morning:

"Among the tiddlers, Datacash added 0.75p to 68.5p after Numis published a "buy" note with a 100p target price"

cheers Gf.

Sold some RTD and moved into DATA today-hoping the results will be good, I will definitely go back to RTD later as I agree they are a long term hold.

Added more today at 74p. Market very tight. Couldn't get anything on-line and the MMs were giving nothing to the dealers below offer when I spoke to them.

DID ANYONE ELSE PICK UP ON TODAYS ANNOUNCEMENT THAT THEY HAVE LINKED UP WITH IBM TO EXPLOIT CHIP AND PIN FOR MID TIER COMPANIES?
PRICE HASNT REACTED BUT THIS MUST BE A GOOD BUY!! I HOPE!!!!!!

Yes excelent news.

Datacash Group PLC
12 March 2004



Datacash Group Plc ('DataCash' or 'the Company')


DataCash collaboration with IBM team


The Board of DataCash Group Plc, the AIM listed payments service provider,
announces that it is working with computer giant IBM as part of a team to help
mid-tier retailers implement a new credit and debit card fraud system being
introduced in January 2005. Known as 'Chip and PIN', the system's
specifications have been established by Europay, MasterCard and Visa (EMV).

This is a significant breakthrough into the high street 'cardholder present'
market for DataCash which up until now has focused on processing 'cardholder not
present' online transactions. The high street market represents the overwhelming
majority of card transactions.

Chip and PIN is designed to prevent fraud by obliging consumers to use a secret
PIN when they use their credit cards to purchase goods in the high street. Many
of the country's big retailers, such as the supermarkets, are already installing
the technology but there is strong evidence that smaller, mid-tier, traders are
finding the cost of upgrading legacy software systems and hardware too
expensive.

The initial team led by The Triangle Group (an IBM Premier Business Partner)
address the concerns of the mid-tier retail sector by offering a complete
solution for a low fixed monthly charge of around 25 per terminal. The solution
consists of consultancy, hardware, software, implementation and payment
processing. The team has identified a target market of mid-tier retailers which
may be attracted by the package.

Initially DataCash will contribute its outsourced payment processing and fraud
management capabilities to the team. These skills have been built up around the
mission critical requirements of its existing online client base that already
includes some blue-chip names including B&Q, Boots, Mothercare and Early
Learning Centre. Once deployed, retailers will also be able to benefit from
additional value added services delivered through DataCash's outsourced payment
processing platform including Dynamic Currency Conversion, stored value, gift
card and mobile top-up. It is anticipated these value added services will
provide mid-tier retailers with further support for the business case to deploy
Chip and PIN through the team.

DataCash Chairman David Bailey said: 'Whilst online retailing is growing at a
tremendous rate this agreement is great news for us as it takes us into the
cardholder present market which represents significant scope for growth. We are
delighted that our skills and processing abilities developed through the
internet, can now be applied to the high street market and that IBM has chosen
us to support this exciting venture.'

The new legislation covering credit card fraud comes into effect from January 1,
2005. Any retailers who do not install EMV-compliant Chip and PIN solutions by
then will become liable for any fraud losses which would otherwise be passed to
the card issuers.

Other partners in the team, in addition to The Triangle Group, are Ingenico
(hardware suppliers) and Kilrush Consultancy.



* * ENDS * *



Issued on behalf of DataCash Group Plc by St Brides Media & Finance Ltd, 46
Bedford Row, London WC1R 4LR.


Contacts:

David Bailey DataCash Tel: 0870 7274760
Cliff Feltham/Isabel Crossley St Brides Tel: 020 7242 4477



Note to editors:
cheers GF.

does anyone know if there are any results to be announced soon?

Keith I am sure there are, I will do a quick check.

cheers GF.

Here we are Keith towards the end of march.

Datacash Group PLC
15 January 2004





DataCash Group Plc ('DataCash' or 'the Company')
PRE-CLOSE TRADING UPDATE



The Directors of DataCash Group Plc, the AIM listed payments service provider,
are pleased to announce a pre-close trading statement for the year ended 31
December 2003.


• This has been a good year for DataCash. The Group achieved
pre-tax (pre-goodwill amortisation) profits for 2003 in excess of 700,000
compared to a 2002 loss of 391,000. Year-end cash balances more than doubled
from the 666,000 at December 31st 2002.


• Transaction growth was impressive, particularly in the fourth
quarter, reflecting a number of new contracts with high street retailers and the
general growth in on-line retailing.


• Statistics from the Interactive Media in Retail Group (IMRG)
suggest on-line retailing is growing at an annual rate of 44% compared with an
increase of just 0.6% in traditional retailing.


• DataCash customers have seen transaction growth in excess of
those statistics and the Company is now processing payments with a monthly value
of more than 200m on behalf of its clients.


• DataCash believes that there should be continued growth in 2004
helped by a variety of factors including the improved quality of retail
websites, the growing acceptability of the convenience, security and reliability
of on-line purchasing together with the growing penetration of Broadband
services.


• DataCash is well positioned to benefit from the growth in
on-line trading and has achieved the notable success of being the first UK
Payment Service Provider to process a 3D-Secure transaction (3D-Secure is the
protocol promoted by both MasterCard and Visa to mirror the High Street's Chip
and PIN initiative)


• As reported in the interim statement, the Company is progressing
opportunities in the 'cardholder present' high street retail market. All
retailers with physical stores (rather than on-line retailers) are reviewing
their payment processing requirements as a result of the bank mandated
introduction of Chip and PIN in January 2005.


• There was no revenue for DataCash from card holder present
transactions in 2003 and it is unlikely to make a material contribution in 2004.
However, it is exploring a number of opportunities that could provide
significant additional revenues and profits from the high street in the medium
term.


• The DataCash infrastructure is capable of handling far greater
volumes of transactions with only a modest increase in overheads. Capturing more
business to exploit this capacity presents opportunities for future growth in
2004. The Directors look forward to the challenge with confidence.


• The Company expect to report final figures towards the end of March.



* * ENDS * *

cheers GF.

fINAL FIGS WERE DUE 'AT THE END OF MARCH'
HAS ANYBODY SEEN THEM OR HEARD WHEN THEY ARE DUE TO BE RELEASED??

Keith, just given them a call, the 6th april which by my reckoning is a tuesday.

cheers GF.

any speculation on expected profit figures?

No I always leave that well alone, you are only inviting controversy upon yourself if you start to splatter figures about. Good fair and bad are about as far as I go. good luck.

cheers GF.

hi chaps,
nice write up in growth company Investor yesterday along with "Strong Buy". Chart looks good for a decent break out?

Timing!!!
up 3p

Up over 5% now. I wonder if there has been a leak about the results next week ?!

results out tuesday.

GF.

In article for GCI - brokers target stated at 1 - had a few more at 78 this morning

Data is a good share but..

Comparison of DATA and RTD


T/Over DC 3.5M RTD 30.0M
Profit DC .7m RTD 5.9m
Adj EPS DC 1.67p RTD 1.4p
Mkt Cap DC 34m RTD 48m
Sh price DC 78.5p RTD 17.25p
P/e DC 47 RTD 12.3

Funny old world.....

why has prics dropped after a decent turnaround from last year and not a bad result for the year?

confusing message in shares mag today.
they were reccommending to sell on one page and buy on the results page!
cant go wrong really can they!

WHAT IS THE SIGNIFICANCE of :-

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED
PERSONS


1) NAME OF COMPANY

DATACASH GROUP PLC

2) NAME OF DIRECTOR

GAVIN BREEZE

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder
if it is a holding of that person's spouse or children under the
age of 18 or in respect of an non-beneficial interest

AS IN 2 ABOVE

4) Name of the registered holder(SE) and, if more than one holder, the
number of shares held by each of them. (If notified)

GAVIN BREEZE

5) Please state whether notification relates to a person(SE) connected
with the Director named in 2 above and identify the connected person(s)

N/A

6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

SHARE DISPOSAL

7) Number of shares/amount of
stock acquired

N/A

8) Percentage of issued Class

N/A

9) Number of shares/amount
of stock disposed

1,000,000

10) Percentage of issued Class

2.2%

11) Class of security

ORDINARY SHARES OF 1p

12) Price per share

75p

13) Date of transaction

22 APRIL 2004

14) Date company informed

23 APRIL 2004

15) Total holding following this notification

10,757,495

16) Total percentage holding of issued class following this notification

24.0%

IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
following this notification



23) Any additional information



24) Name of contact and telephone number for queries

PATRICK SCUTT TEL 0207 421 9297

25) Name and signature of authorised company official responsible for
making this notification

Date of Notification 23RD APRIL 2004



SCHEDULE 11

NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED
PERSONS


1) NAME OF COMPANY

DATACASH GROUP PLC

2) NAME OF DIRECTOR

JANE REEDY

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder
if it is a holding of that person's spouse or children under the
age of 18 or in respect of an non-beneficial interest

AS IN 2 ABOVE

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them. (If notified)

JANE REEDY

5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

N/A

6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

SHARE DISPOSAL

7) Number of shares/amount of
stock acquired

N/A

8) Percentage of issued Class

N/A

9) Number of shares/amount
of stock disposed

135,000

10) Percentage of issued Class

0.3%

11) Class of security

ORDINARY SHARES OF 1P

12) Price per share

75P

13) Date of transaction

22 APRIL 2004

14) Date company informed

23 APRIL 2004

15) Total holding following this notification

3,758,646

16) Total percentage holding of issued class following this notification

8.4%

IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
following this notification



23) Any additional information



24) Name of contact and telephone number for queries

PATRICK SCUTT TEL 0207 421 9297

25) Name and signature of authorised company official responsible for
making this notification

Date of Notification 23RD APRIL 2004

Hit 90p earlier on today. Think there still some milage left in this one.

cheers GF.

Does anyone know whats going on with this one. Has been getting some positive reports with a growing cash pot and customer base. Steady rise up to 90p as Goldfinger pointed out but since then has been dropping slowly 1.1% down today alone. As pointed out earlier in the thread Shares mag a little confused as well. Some positive news please anyone!

still dropping even more today. Write up in the growth company invester page8.
first profitable year 735,000
turnover up 32 per cent
1.55 mil in the bank
growth in on-line trading and the new chip and pin method
teamed up with IBM and others for card fraud processing
quite a positive picture

>> Ted

Or shall I call you Teddy?!! (sorry)

Datacash is a growth story but plenty of rampers (I suspect) went in on the back of good results and chip and pin spin!!

In my view , and I know gf will back me on this one, is that the fall has been on the back of profit taking. Whilst you can always think to yourself, if I had sold at the top and got out, I would now be buying at a discount, (even after charges and stamp duty), to do so in my view would be too clever by half.

The stock is a growth story, there will always be sellers, but there will be buyers soon (IMHO). I suspect that buyers have got this stock on their radar screen and v. shortly will be saying...hang on a second that looks cheap!

Regards
gk

Gk
Call me what you like er within reason of course.
Lets hope that you are right and the big boys start buying back soon because its dropping again today (nerves of steel!)

Breaking out again today. The phenomenal rollout story is what i think is behind the shareprice. Well done to GF, another one in the 'bagger' for you!

Nice break out again today. Whats the news?

Wish I knew--but it's looking good! Tempting to take profits or should I hang in there for the Aug figures ??

I think this could be the reason for the recent breakout:

Today's Times:-

"The purchase of Bibit, of the Netherlands, by WorldPay raised hopes of
further consolidation in the payment processing sector and helped
AIM-listed Datacash Group up 6p to 96p with a raised 116p target from Numis
Securities giving further support."

I'm thinking of hanging in there a bit longer.

Thanks m_c that explains the big jump on small volumes today. It's worth waiting I agree. Are you still holding Goldfinger?

Mute_chris

Just found that info and just about to post well done. I shall be hanging on until at least the aug figures. good luck guys

Good positive write up in the shares mag today
Increasing profitability from core operations
Will benefit from chip and pin EXPLOSION

Recommendation BUY
Happy days

Up over 7% today. Good to see the institutional buyers piling in...perhaps they know something more than we know (and it is good news).

rgrds
gk

Another 5% spurt today. Is this mainly institutional buyers driving up the price?

gf are you still on board?

rgrds
gk

Hi...my best share up 105% to date,wondering if this share is due for a stop and fall?

Who knows, but we've had strong buying today. I'm now running a trailing stoploss. I think this is overpriced slightly at the moment and there's too much assumption built in, but then I also get the feeling that there are a few recommendations tipping this (someone mentioned Quantum Leap) and there may be institutional buying now, so don't want to miss the jamboree if it continues to rise - I was originally going to sell at 1 but thought I'd hang on in there and see what happened. Chuffed so far.

Yup its a real gem of a stock not far of 2 bagger for me now. I expect further gains and we could have one or two US banks sniffing around.

cheers GF.

Datacash Group PLC
03 August 2004



DATACASH GROUP PLC ('DataCash' or 'the Company')


INTERIM RESULTS
FOR THE SIX MONTHS
ENDED 30TH JUNE 2004


News Item


DataCash Group plc, the AIM listed payments service provider, announces its
results for the six months ended 30th June 2004


Overview


Profit (before tax and goodwill amortisation) up 155% at 670,000 (2003:
263,000)
Turnover up 26% at 2.14m (2003: 1.69m)
Cash balances up to 2.35m (June 2003: 920,000)
Transaction volumes growing at 4% compound per month
Appointment of Chief Executive from July 19th 2004



Chairman's statement


The DataCash business performed well in the first half of 2004, producing
profits before tax and goodwill amortisation up by 155% to 670,000 (2003:
263,000) on revenues up by 26% to 2.14m (2003: 1.69m).


All the revenue came from our Card Holder Not Present (CNP) activities, although
we continued to invest in the foundations to enter the Card Holder Present (CHP)
market. CNP transaction volumes in the first half of 2004 were 18.7m (first half
2003: 12.6m), which was greater than the total for the whole of 2002, and are
expected to continue to grow at a compound monthly rate of about 4%, which bodes
well for the future.


We are seeing good growth coming through our partner channels, with significant
wins within the travel market. This market is particularly responsive to our
ability to provide consolidated payment processing across numerous sales
channels. We also made significant customer gains in the first six months of
2004 in ticketing (cinemas and events), interactive TV shopping, DVD rental and
online dating.


The introduction of Chip and PIN is acting as a catalyst to our Card Holder
Present proposition, which has been well received by the market. The team, which
has been assembled through our relationship with IBM and its partners, is
offering a very attractive alternative to the product-based solutions. The rush
to be ready for the card scheme deadline of January 2005 has been replaced by a
more considered evaluation of alternative deployments, which should benefit
DataCash. We hope to announce our first CHP contracts soon.


Cash balances increased by 802,000 in the first half, and at the end of June
2004 were 2.35m (June 2003: 920,000). We expect cash balances to continue to
grow in the second half.


The Group is pleased to announce that Terry Cave was appointed Chief Executive
of the Group with effect from 19 July 2004. This is a new appointment designed
to increase the Group's capabilities and capacity to address the rapid expansion
of the business. Terry has a wide experience of growing technology service
businesses, which will strengthen the management team and provide a significant
further impetus to our growth.


Your Board looks forward to the future with confidence.



David Bailey
Chairman
3rd August 2004



For further information contact:

DataCash: David Bailey (Chairman): 0870 7274760
St Brides Media: Isabel Crossley: 020 7242 4477
------------------------------------------------------------------------------------------------------------



Datacash Group plc

Consolidated profit and loss account (unaudited)
For the 6 months ended 30 June 2004

6 months 6 months Year
ended ended ended
30 June 30 June 31 Dec
2004 2003 2003
000 000 000

Turnover 2,141 1,693 3,575
Continuing operations 2,140.66 2,141 2,073
Discontinued operations - - 971

Administrative expenses (1,502) (1,427) (2,846)
------ ------ ------
Operating profit before goodwill and 639 266 729
exceptional items

Goodwill amortisation (988) (988) (1,975)
National Insurance on share option - (10) (17)
credit
Release of provisions - - - 729
exceptional
------ ------ ------
Operating loss (349) (732) (534)

Interest receivable and similar 31 7 23
income
Amounts written off investments - - (160)
Interest payable and similar - - -
charges
------ ------ ------
Loss on ordinary activities before (318) (725) (671)
taxation

Taxation 244 - 930
------ ------ ------
Loss on ordinary activities after (74) (725) 259
taxation

Dividends - - -
------ ------ ------
Loss for the period (74) (725) 259
====== ====== ======

Basic and diluted loss per share (0.16)p (1.66)p 0.59p

Basic and diluted profit per 2.04p 0.01p 0.03p
share
(before goodwill and exceptional
items)



All amounts relate to continuing activities.

There were no recognised gains or losses other than those shown in the
profit and loss account.

There are no differences between historical cost profits and losses
and those shown above.



DataCash Group plc

Consolidated balance sheet (unaudited)
As at 30 June 2004
As at As at As at
30 June 30 June 31 Dec
2004 2003 2003
000 000 000

Fixed assets
Intangible assets 11,300 13,274 12,287
Tangible assets 118 141 126
Investments - 160 -
--------- --------- ---------
11,418 13,575 12,413
--------- --------- ---------

Current assets
Debtors 647 603 653
Debtors - Deferred tax 1,174 930
asset
Cash at bank and in hand 2,350 920 1,548
--------- --------- ---------
4,171 1,523 3,131
--------- --------- ---------

Creditors
Amounts falling due within one (1,007) (809) (908)
year
--------- --------- ---------
Net current assets 3,164 714 2,223
--------- --------- ---------

Total assets less current 14,582 14,289 14,636
liabilities

Creditors
Amounts falling due after more than - - -
one year

Provisions for liabilities and - (799) (22)
charges

--------- --------- ---------
Net assets 14,582 13,490 14,614
========= ========= =========

Capital and reserves
Called up share capital 447 440 447
Share premium account 9,743 9,568 9,701
Share scheme reserve - 4 -
Merger reserve (124) (124) (124)
Other reserve 18,889 18,889 18,889
Profit and loss account (14,373) (15,287) (14,299)
--------- --------- ---------
Equity shareholders' funds 14,582 13,490 14,614
========= ========= =========





DataCash Group plc

Consolidated cash flow statement (unaudited)
For the 6 months ended 30 June 2004

6 months 6 months Year
ended ended ended
30 June 30 June 31 Dec
2004 2003 2003
000 000 000

Net cash inflow from operating activities 763 225 736
-- -- --

Returns on investments and servicing of
finance
Interest received 31 7 23
Interest paid - - -
Interest element of finance lease rental - - -
payments

Net cash inflow from returns on investments
-- -- --
and servicing of finance 31 7 23
-- -- --

Capital expenditure and financial
investment
Purchase of tangible fixed assets (35) (42) (79)
Sale of tangible fixed assets - - -
Decrease in investment loans - - -
-- -- --
Net cash outflow from capital expenditure and (35) (42) (79)
financial investments -- -- --

Net cash inflow/(outflow) before management
-- -- --
of liquid resources and financing 759 190 680
-- -- --

Management of liquid resources
Increase in short term bank deposits (921) (173) (453)
-- -- --
Net cash outflow from management of liquid (921) (173) (453)
resources -- -- --

Financing
Capital element of finance lease rental - - -
payments
Issue of Ordinary Share Capital including - - -
premium net of expenses
Exercise of share options 43 63 201
-- -- --
Net cash inflow from financing 43 63 201
-- -- --

-- -- --
(Decrease)/increase in cash in the period (119) 80 428
== == ==




Notes



(1) Basis of preparation


The results for the six months ended 30 June 2004 and the comparative figures
for the six months ended 30 June 2003 are unaudited. They have been prepared on
accounting bases and policies that are consistent with those used in the
preparation of the financial statements of the Group for the year ended 31
December 2003.


The financial information contained in this report does not constitute statutory
accounts within the meaning of Section 240 of the Companies Act 1985 (as
amended). The results for the year ended 31 December 2003 were reported on by
the auditors and received an unqualified report and contained no statement under
Section 237(2) or (3) of the Companies Act 1985 (as amended). Full accounts have
been delivered to the Registrar of Companies and are available on request.



(2) Earnings per share


The calculations of loss per share are based on the following profits and
numbers of shares:


The adjusted loss per share is based on the loss after tax before goodwill
amortisation and exceptional items.

6 months ended 6 months ended Year ended 31
30 June 2004 30 June 2003 Dec 2003
000 000 000

Weighted average number of 1p
ordinary shares in issue during the
period

For basic and diluted earnings per 44,726,982 43,710,435 43,981,347
share

Profit for the financial period '000s '000s '000s

Profit for adjusted earnings per 914 273 1,522
share
Adjustment for goodwill (988) (988) (1,975)
amortisation
Adjustment for exceptional costs - (10) 712
----------- ------------ ----------

Profit for earnings per share (74) (725) 259
----------- ------------ ----------




(3) Reconciliation of operating loss to operating cash flows



6 months ended 6 months Year
30 June 2004 ended ended
000 30 June 2003 31 Dec 2003
000 000

Operating loss (349) (732) (534)
Amortisation 988 988 1,975
Depreciation 41 71 123
Decrease in debtors 6 38 (12)
Increase/(decrease) in 99 (150) (51)
creditors
(Decrease)/increase in (22) 10 (765)
provisions
----------- ------------ ----------
Net cash inflow from operating
activities
763 225 736
----------- ------------ ----------



(4) Analysis of Net Funds

At At
1 January 2004 Cash Flow 30 June 2004
000 000 000

Cash in hand and at bank 545 (119) 426
Short term bank deposits 1,003 921 1,924
----------- ---------- -----------
1,548 802 2,350
----------- ---------- -----------





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

Any ideas why this has recently become dataCRash!

Datacash AGM posponed
The reason appears to be they are buying a company to build on their existing strengths - whether this will be obvious to shareholders I don't know, but they have done well so far and maybe - just maybe, this is a smart move (also into web-based payment) - certainly there is a ned for honest-brokers over web-payment...so why not DataCash?
The recent drop in SP is no more that the US interest-rate effect that has affected most UK stocks.

Maybe in a few years we shall see a major bank bid for DataCash. That would be nice.

Things went Ok and the S.African business seems to have added value....but the problem of early Oct06 is that the Co has some American gambing involvement - I thought that was zero...seems it's about 1/3rd which is way too high to avoid the draught from the PartyPoker fallout (US laws clampdown).
I bought a while ago so will leave well alone, but this price c1.30 may be the new (lower) level until the Market see real turnover replacemnt.
A move away frrom horse-racing would be A Good Thing IMHO. I fear any Gambling doesn't really sit well with a serious business of this size.

;Default;Price;HisDate&SV=0">

sorry

LONDON (Thomson Financial) - Datacash Group PLC said it has completed the purchase of EuroCommerce Call Centre Solutions Ltd, a Dublin-based payment service provider focused on the airline and travel sectors.

The AIM-listed payment service provider said the acquisition is being funded from existing cash resources and the final price will be between 4.2 mln eur and 8.7 mln eur depending on meeting earn-out criteria.

The company also said it has lent 4 mln eur to EuroCommerce to enable it to repay a debt of that amount owing to one of the sellers.