Globaldata Share Discussion Threads

[cnx] 22/3/2010 19:46

and interims can be paid prior to shareholder approval, i think

[redleafboy] 22/3/2010 19:37

New higher tax regime that is on the way?

[kenbachelor] 22/3/2010 19:08

Yes - I'd like to ask a question. Why pay a second interim dividend rather than a final one? Am I missing something?

[redleafboy] 22/3/2010 17:55

Any comment on todays RNS?

[kenbachelor] 17/3/2010 16:11

After weeks of rapid erosion and a second interim dividend, we've suddenly got a positive move with no apparent cause.

Ideas anybody?

[dasv] 01/3/2010 19:38

I'm sticking with the idea that only 120p-150p is reasonable value on the basis of EPS. Admin costs still too high. Should be a much higher margin stock than this.

[johndee] 25/2/2010 16:55

I always thought of getting back in.........maybe I will if that happens then.

[bonio10000] 25/2/2010 16:53

I see.

Mind you - the performance and the development over the last few years has been decent.

Can just see a slide as newer buyers lock in profit.

[johndee] 25/2/2010 16:50

yeah started at 60 pence feb 29th 2000........then share split 10 for 1.......but when it was 60 pence it was same value as 600 pence now. Was soon below 50 pence though.......within hours of coming back from suspension. Was suspended at 5 or 6 pence before xmas 1999......came back about 10 times more value........I held through the suspension.......missed to sell when offered 56 pence..........got about 25.6 pence in the end......equiv to 256 pence now.....was ok as I bought them at 1.25 pence......18 fold........best one I ever had.

[bonio10000] 25/2/2010 16:45

????????

Not unless there has been some short of share split.

[johndee] 25/2/2010 12:56

To think they were almost 600 pence once...........

[bonio10000] 25/2/2010 12:31

Finally broken 200p.

would expect a slow decline from here, unless the results are spectacular.

[cnx] 16/2/2010 02:49

m1tu

it is now mid feb

[dasv] 13/10/2009 11:20

oh yeah? why?

[m1tu] 13/10/2009 09:53

data cash share price wil explode first week november.

[scburbs] 15/9/2009 13:55

The thing about issuing a replacement statement is that it is embarrasing. Given how embarrasing it is, it is advisable to do your best to get it right second time. DATA appear to have fallen down on that basis and not changed the June 2008 to 0.4p in the overview section!

"Interim dividend increased by 25% to 0.5p (June 2008: 4.0p)"

[davidosh] 15/9/2009 13:04

The Admin expenses are rising faster than revenues.... not a good sign. That dividend has just been slashed 90% too. I thought it looked too high.

RNS Number : 0834Z
Datacash Group PLC
15 September 2009

DataCash Group Plc announces the following amendment to the Half Year Results Announcement released on the 15 September 2009 under RNS number 0420Z. In the Overview section on the first page of the announcement, the final bullet point should have read that the interim dividend increased by 25% to 0.5p (June 2009: 0.4p) and not 5.0p (June 2008: 4.0p) as previously reported.

All other details remain unchanged.

[dasv] 15/9/2009 10:56

not impressed - though I guess like all other companies they've been through a recession too. Administrative expenses are just guzzling their profits.

So despite broker forecasts for 2010, 2011 looking rosier, at present they are over-valued. I might consider buying some at 124-156p (active targets on daily point and figure) I suppose.

2010 will see them making money on the world cup (the implication in the statement - less money in 2009 because of no summer football).

6 months | 6 months | |
ended | ended | Year ended
30 June 2009 | 30 June 2008 | 31 Dec 2008 |
Revenue | 18,009 | 12,228 | 28,037 |
Administrative expenses | (10, 677) | (6,728) | (14,205) |

[davidosh] 15/9/2009 10:29

Yikes ! Basic and diluted eps came out at just 1.6p so you can see why those digging deeper than the headlines may have been worried into selling. There is probably far better value elsewhere on pure fundamentals but at least the confidence for the future is shown by increasing the dividend.

[kenbachelor] 15/9/2009 08:27

It looks like a 1p increase in the divi and a 21p fall in the price of each share. Somehow I don't feel too good about that!

[scburbs] 15/9/2009 07:40

Indeed it will. For every £10,000 you hold the increase is worth £4!

DATA continues to perform strongly, but given the company buys contracts I am not sure it is appropriate to just focus on the adjusted eps (excluding amortisation of contract acquisition costs). Whilst DATA seemed to have persuaded people to ignore it, basic eps is flat.

[kenbachelor] 15/9/2009 07:27

The 25% increase in divi will be very handy.