Globaldata Share Discussion Threads

[mug punter] 09/5/2004 11:54

Smarm,

Opened short at 88 bid price.

Covered at 83 offer price 6 trading days later.

[chipperfrd] 08/5/2004 20:54

Took out a new long cfd at 80. I feel it has bounced off its rising support now. It would add icing to the cake if the Independant was right - but I'm not holding my breath!

[smarm] 08/5/2004 19:11

Mug - please satisfy my curiosity, modest fall, spread to cover, how many points did you make on your short?

[mug punter] 08/5/2004 15:54

Covered my short at 83 Yesterday. Pity I missed 80.

With a bit of luck this takeover rumour will see the MMs mark it up in Monday.

If it hits 88 again I'll reshort.

[irvbox] 08/5/2004 01:17

This was in the Independent and the broker I think was Numis Securities.

For those looking for further bid potential in the sector, the broker believes investors should take a look at Datacash, up 2.5p to 82p. The group is a leading player in the rapidly expanding area of chip and pin security systems for credit cards.

[smarm] 07/5/2004 16:06

cordwainer, get a grip...this is an exciting play on chip 'n' pin.
peterz, maybe...

[peterz] 07/5/2004 15:17

Up 2p. Does this suggest a base?

[zapa] 07/5/2004 13:44

Never mind.

[cordwainer] 07/5/2004 13:26

my elusive 78p :-(

[zapa] 06/5/2004 17:45

The big seller must have used invisable ink and whomever bought 100000 @ 80p didnt know.


LOOOOOOOOOOLLLLL.

[cordwainer] 06/5/2004 14:10

I was out a few days ago at 86p based on chart reaching top of uptrend range. Im thinking of buying back in at about 78p but the increased volatility of the past month or so makes me wonder whether the general uptrend will continue?

[sawbones] 06/5/2004 12:31

Any talk of them taking over Bell at all............???

[smarm] 04/5/2004 15:01

Yes apollo but as reported by The Times:

"Datacash Group, the AIMlisted payment processing specialist, improved 2¾p at 85¾p as the sale of 1.14 million shares by two directors at 75p served to clear a stock overhang"

Normally a Director sell would send the price down...this did not happen.

[appollo] 04/5/2004 14:35

smarm...why does the director have to sell at a discount if there isn't much stock about? I would have thought it would be a premium if somebody really wanted it.

[smarm] 04/5/2004 14:09

apollo, it is quite understandable for a big investor who bought at 25p to decide to realise some of their gain. Institutions buy and sell all the time.

A Director sold at a discount to release stock for an institution to buy (see above I'm in a rush)...so it strikes me a) that the sell was the director and that the overhang was cleared by the buyer.

If there is a further sell....then it will also be bought fast. Think about it, a Director sells at a discount....hardly a sign that there is a lot of stock about.

I believe very little of what I read in the paper, half of it originates from BB's anyway. Take the story of Tadpole Techonology - we are waiting for major Telco to be announced...a rumour went round saying it was 'this week' (a few weeeks ago, which turned out not to be the case. The point is, the papers don't know what is going on any more than we do.

Mug - I'm happy, chip 'n pin is the future and DATA have a share in it.

[appollo] 04/5/2004 12:44

Never like to hear negative stories about shares that I own but you have to face upto the possibilities. I suppose the independant has reliable sources for its story and its probably the case that if someone is thinking of offloading then the shares are unlikely to rise in the near future without more good news. Looking at the recent holdings reports since the change from Auxinet days, Fidelity and Universities Superan... have been net buyers the latter soaking up the director sells, with only a small disposal from Invesco who hold just under 4%. If it is Invesco wanting out then at least they don't hold that much of the company but you wonder why a long term institution would want out now just when the company seems to be on an upward leg. Hopefully they are wrong and us investors are right.

[mug punter] 04/5/2004 09:40

smarm,

If you are happy with your investment fine.

I have not passed judgement on this company good or bad.

I have stated that at the moment, in this market with the lack of fresh money, I believe there is a very strong probability of the share price falling quite sharply in the coming weeks.

The fact that it has ticked down Today on an upday perhaps says something.

[zapa] 03/5/2004 11:07

Agreed smarm.

[smarm] 02/5/2004 23:26

Mug Punter - I'm not even going to waste my time replying. Do some research.

[smarm] 01/5/2004 17:56

...LOL and now it's at 86.5p....if doom and gloom is like this...more doom and gloom please.

[zapa] 01/5/2004 17:53

from 29p a share onwards there has been doom and gloom on this company.

[blender] 01/5/2004 08:20

Independent 30 April 2004, Market Report
"DataCash fell 1.25p to 86.5p because of a large overhang of stock. Dealers talked of an institutional seller looking to offload a large chunk of stock."