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

gf

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