goldfinger
- 22 Jul 2003 21:53
Excelent looking chart a breakout now occuring after 2 months of consolidation.
gf
keith thomas
- 12 Mar 2004 16:17
- 80 of 123
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!!!!!!
goldfinger
- 12 Mar 2004 23:24
- 81 of 123
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.
keith thomas
- 15 Mar 2004 13:56
- 82 of 123
does anyone know if there are any results to be announced soon?
goldfinger
- 15 Mar 2004 23:25
- 83 of 123
Keith I am sure there are, I will do a quick check.
cheers GF.
goldfinger
- 15 Mar 2004 23:28
- 84 of 123
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.
keith thomas
- 26 Mar 2004 11:46
- 85 of 123
fINAL FIGS WERE DUE 'AT THE END OF MARCH'
HAS ANYBODY SEEN THEM OR HEARD WHEN THEY ARE DUE TO BE RELEASED??
goldfinger
- 26 Mar 2004 13:08
- 86 of 123
Keith, just given them a call, the 6th april which by my reckoning is a tuesday.
cheers GF.
Tokyo
- 26 Mar 2004 13:46
- 87 of 123
any speculation on expected profit figures?
goldfinger
- 26 Mar 2004 23:39
- 88 of 123
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.
016622
- 01 Apr 2004 10:45
- 89 of 123
hi chaps,
nice write up in growth company Investor yesterday along with "Strong Buy". Chart looks good for a decent break out?
016622
- 01 Apr 2004 12:45
- 90 of 123
Timing!!!
up 3p
gallick
- 01 Apr 2004 13:36
- 91 of 123
Up over 5% now. I wonder if there has been a leak about the results next week ?!
goldfinger
- 05 Apr 2004 01:39
- 92 of 123
results out tuesday.
GF.
016622
- 06 Apr 2004 10:57
- 93 of 123
In article for GCI - brokers target stated at 1 - had a few more at 78 this morning
zscrooge
- 06 Apr 2004 22:06
- 94 of 123
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.....
keith thomas
- 07 Apr 2004 10:52
- 95 of 123
why has prics dropped after a decent turnaround from last year and not a bad result for the year?
keith thomas
- 08 Apr 2004 16:05
- 96 of 123
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!
Fred1new
- 26 Apr 2004 09:02
- 97 of 123
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
goldfinger
- 28 Apr 2004 00:25
- 98 of 123
Hit 90p earlier on today. Think there still some milage left in this one.
cheers GF.
Ted1
- 04 May 2004 11:53
- 99 of 123
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!