Globaldata Share Discussion Threads

[britishbear] 28/6/2004 16:54

nearly 100 trades today - much bigger number of trades than usual. This has really got the "specualators" and retailers interested although this board is still fairly quiet.

If you look at the timing of the 50 and 100,000 you will see that they are both BUYS.


Letting this one run and run

[fongrang] 28/6/2004 15:43

just hope we don't get any of that company ANNOUNCEMENT STUFF 'don't blah blah over the recent week'

[britishbear] 28/6/2004 11:37

The strength of this rise leads me to suspect somethings going on although the large number of small retail buys (seemingly small retial buys) suggests that data have been tipped somewhere.

[365] 28/6/2004 11:20

irvbox> agree

Please be kind enough to let us know when that happens so I can bank some profits and add more on any pull back.

Not sure how much stock is around, could be tightly held?

[irvbox] 28/6/2004 11:03

BB
I've been following Data since they were auxinet and the rise has been spectacular. I managed to get in at the bottom luckily and I certainly want to let this one run until 'the shoeshine boy starts talking about chip and pin'. From a chart point of all is rosey at the moment with a high volume and RSI. I wouldn't worry about selling until there is a decline passing through the 50d MA and only if it breaks down through the 100d MA. Until then let your profits run IMO and DYOR
Good luck

[365] 28/6/2004 09:09

TK

Already hold both, this is my best performing stock, it goes up without loads of ramping, its being quietly bought as a long term performer. Institutional buying is assisting of course.

[mr tilt] 28/6/2004 01:12

Bought 6000 @ 49p, Sold 3000 @ 108p Freerolling with my Data now :-)
(Great Share - Wish more were like this one)

[the knowing] 27/6/2004 12:50

365 get some MDY too then !! Better check out SPS Monday after the late news Friday !!!!!

[britishbear] 25/6/2004 19:31

This is really a great chart. Need a real chart expert to tell us where to get off. Otherwise I will stay put.

Run your winners is something I wish I could do more of but will certainly do it with data.

Any pull back will be temporary and relatively small imo.

Chip and pin will be everywhere and tie ups with IBM are not made by every company.

We just need a trading statement to tell us that chip and pin business is going well.

Reference to future PE's in fine and may seem demanding but the nature of this market and growth potential bodes well

[365] 25/6/2004 13:39

Moving up nicely again, should see 150-175p by year end

[baheid101] 25/6/2004 09:39

nope! holding back tears that I didn't buy a few months ago. Missed the boat on this baby, but can't complain thanks to ASC doing ridiculously well.

cheers

Baheid

[shadowchaser] 24/6/2004 17:29

BAH ! --Holding a short position are we ,eh???

[baheid101] 24/6/2004 17:08

Shadowchaser

I think you are a bit optimistic to say this cannot fail to go north. It is an awesome company but was pretty expensive even back at 90p. The multiples at 105-110 are factoring extremely strong growth in the existing business plus considerable chip & pin revenues. We will need to see an acceleration in the growth in the existing client base' transactions (from roughly 3% monthly growth in 03 according to David Bailey). What if it doesn't materialise? the share price will be decimated. Datacash has established a strong position, but lets be clear - it is becoming increasingly a commodity service. Margins will be squeezed at some point, and the added value services they provide such as fraud management are largely outsourced to RTD. On the upside, the numbers coming through from betting clients such as Paddy Power continue to surprise on the upside against increasingly tough comparisons. I love this company but a dose of realism is going to come back into the share price if a bid does not materialise

Good luck to all

Baheid

[shadowchaser] 24/6/2004 15:53

DATA -This stock is a great mover and like JKX- cannot fail but continue to go North .in addition, for what its worth, the prospect of a takeover idc .

A definite buy and HOLD IMHO as there's more to come from solid foundations [now] and a niche market !---SC

[hosede] 24/6/2004 11:28

Have to have some slight sympathy for Mario's position. anticipated EPS for 2005 are 5.14p which even allowing for say 20% uplift puts it on a forward PE (eighteen months out) of over 16. High enough I would say - there is a danger of overheating and a temporary pull back into the nineties is a distinct possibility

[spoondog] 24/6/2004 09:59

Here's the B&Q article in case you can't be bothered to register...


DataCash
United Kingdom: Case Study: B&Q Direct
07 May 2003

B&Q Direct's online transactional website, www.DIY.com, was launched in January 2001. By March 2003 it had become one of the largest stores in B&Q and its continued rapid growth will soon make it the biggest store in the group. The site sells a range of 14,000 products and is already the number one store for many heavy and bulky items and many other smaller product ranges.

As well as generating considerable revenues of its own, DIY.com is part of a wider, multi-channel retail strategy that includes call centres and catalogues. All channels feed each other. For instance, 10% of those that shop in-store have researched their purchases online.

A critical component in the overall success of DIY.com and the B&Q Direct call centres is their ability to process credit and debit cards efficiently and to restrict the level of card fraud. In September 2002 B&Q Direct appointed DataCash, a leading UK-based provider of outsourced payment processing and fraud prevention solutions, to handle the credit and debit card processing for both DIY.com and all its call centres.

Before DataCash was appointed, B&Q had used a software solution provided by a US-based company to handle its card processing. B&Q had two key issues with this solution, one technical and one business, which led them to look for a new supplier.

Technical Issues
B&Q were using a software product from a US-based company. This presented three key issues.

Firstly, because it was a software product it needed to be installed on B&Q's own machines in their own premises, all of which had a significant Capex cost. Also B&Q had to design, integrate, test, implement, and most importantly, incur the cost and time of feeding and watering the hardware, software and communication links with the banks required to support and run the card payments processing cycle.

Secondly, there were issues with the quality and timeliness of the software supplier's technical support, some of which were problems inherent in transatlantic time differences. It quickly became clear that B&Q needed a locally based supplier if they were to get the quality and speed of support they expected.

Thirdly, the focus and pace of software development was not in line with the desired direction for B&Q Direct, which was geared towards taking advantage of quick implementations of new value-add initiatives across the UK card processing market. At a time when the protocols and standards for processing e-commerce card transactions are still evolving, this lack of focus and commitment began to become a serious issue.

Business Issues
Keeping fraud to a minimum is vital to any retailer, especially when margins are under constant pressure. Before the appointment of DataCash, B&Q was suffering from unacceptable levels of fraud, and was therefore under significant pressure to reduce its fraud percentage.

B&Q began to research suppliers of payment processing solutions that were able to support new UK-based anti-fraud initiatives like AVS/CSC, deliver fraud screening solutions and were committed to future card industry initiatives such as Verified by Visa.

In August 2002 DataCash was confirmed as B&Q's payment processing supplier. In September the DataCash solutions were switched on. DataCash now processes all transactions that come from the web, store-supporting call centres and B&Q's main call centre in Gateshead. The appointment of DataCash has resolved many of B&Q's issues:

DataCash is a fully outsourced, hosted solution meaning that B&Q are no longer required to feed and water the hardware, communications and processing cycles. Delivering World Class service availability of over 99.99% allows B&Q to focus on its core skills, maximising the earnings potential from its web site and call centres.
As a UK-based company, DataCash is sensibly located to provide B&Q with high quality, highly responsive technical and account management support.
DataCash's XML APIs were "extraordinarily simple" to integrate. "The whole process of design, integration, testing and implementation took six weeks. Post-live support lasted two weeks. In the context of the size of the overall project, this was very light", says Matt Louth, Head of Application Development at B&Q Direct.
Meanwhile, DataCash's web-based, real-time MIS Reporting service enables B&Q to monitor and report on transactions on a summary-to-detailed channel basis.
Within six months fraud has quickly been reduced through a combination of AVS and highly sophisticated, customisable fraud screening tools. Experience suggests this will continue to fall as historic data allows for more fine-tuning of the fraud screening rules.
DataCash, through its early accreditation and support for Verified by Visa protocols, has demonstrated its commitment to keeping pace with future trends and requirements.
Quote from Gavin Breeze, Business Development Director, DataCash:

"B&Q Direct is a delight to work with. We take great pride in our ability to deliver World Class outsourced payment solutions and relish the challenge of meeting the demands of leaders in their industry. In the six months since we began working together, B&Q have seen their transaction volumes significantly increase, and at the same time fraud has been significantly reduced."

Quote from Matt Louth, Systems Manager, B&Q Direct:

"Our aim is to make a customer's shopping mission as quick & easy as possible, and as part of delivering against this principle we have chosen to work with DataCash. The integration of our web and telephone sales channels to the DataCash solution has allowed us to minimise any payment related delays in order processing, whilst providing a toolset that leaves us better able to detect fraud."

About DataCash

DataCash is a division of Auxinet PLC, which began developing electronic payment technology for many of today's commerce-enabled web sites in 1996 in response to the emerging demand for secure, real time e-commerce transactions. With a customer list including FTSE 100 and dot.com companies, Auxinet has an enviable track record of delivering market-leading payment solutions supported by exceptional customer service. DataCash's early lead in developing "credit card not present" transaction environments, gives the company a distinct advantage in servicing the demands of organisations, whether they are selling via the Web, Interactive TV, Kiosk, Call Centre, Interactive Voice Response ('IVR') or even High Street point of sales channels.

About B&Q

B&Q has been in the DIY business for more than 30 years and is the UK's most successful and innovative home improvement retailer. B&Q employs over 33,000 people in over 320 UK stores.

B&Q operates two different kinds of stores – the larger B&Q Warehouses, which cater for the needs of the keen DIY'er and trade with their wide range of products and staff expertise, and B&Q Supercentres which are convenient for most people to pop into for their everyday needs.

DIY.com was launched as a fully interactive e-commerce site in January 2001. It stocks approximately 14,000 products and is a subset of the B&Q Warehouse range.

[zapa] 24/6/2004 09:38

David Baily the Chairman used to post on iii,I no longer have access anyone here able to look?

[365] 24/6/2004 09:32

just noticed there was institutional buying yesterday

[365] 24/6/2004 09:30

irvbox> certainly looks that way

[irvbox] 24/6/2004 09:28

The future is bright; the future is chip & pin IMO

[365] 24/6/2004 08:55

there will be pull backs along the way as chart shows but the overall trend is very bullish. Use pull backs to top up.

[igoe104] 24/6/2004 08:38

people who invest in to this company are investing, for the next 18 months.
where there is huge growth i always thought (mario was super), but i think the game should be called stupid mario if your shorting on this one

[365] 24/6/2004 08:21

more buying today.

[aderemi] 24/6/2004 00:13

case study - datacash and B&Q