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

gf

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?