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

gf

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