Globaldata Share Discussion Threads

[hosede] 03/8/2004 09:45

4% compound transaction growth rate per month adds up to a lot of growth. It is probably fully valued at around this price, but the downside risk seems minimal.

[baheid101] 03/8/2004 09:25

The results were fine, but i am a bit concerned that there seems to have been some pressure on the revenue per transaction - transactions were up 48% but turnover was only up 26%. have Datacash changed their pricing policy? it was 10p per transaction plus up to 20p per transaction extra for optional value added risk management services. Average revenue per transaction would seem to have fallen from 13.4p to 11.4p.

Then again, once chip and pin kicks in we will all be laughing. Another positive change was the estimate of monthly transaction growth. Mr Bailey has indicated in previous that Data's clients were exhibiting 3% compound month on month growth, and today he has upped this to 4%. Nice

[park1n] 03/8/2004 09:04

This sleeping giant shakes its head
looks around & starts climbing.
This is my 2nd chance at reaping rich
rewards. Of all my portfolio gambles
Data seems to be the worthiest.

[britishbear] 03/8/2004 07:54

Good results and as expected although increase in cash balances is very good news - expect a divi in a year.

Also good news on growth prospects. Remember now that most of the growth goes straight on the bottom line as capacity has already been built and is highly scalable.

I long term winner and becoming an even more attractive takeover target

[standarddeviation] 03/8/2004 07:25

RNS Number:4960B
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
------------------------------------------------------------------------------------------------------------

[britishbear] 02/8/2004 18:45

Nothing in the trades to suggest a dramatic move.

If I were a betting man I would expect an open a couple of pence down recovering during the day to break even or even a penny up.

We shall see.

PLUS - increased volume, increase profits and good potential.
DOWN - lack of chip and pin revenues (which they already state but more may have been expected by speculators who will bail first thing).

[guru11] 02/8/2004 16:18

Very little trading today, one will have to wait until tomorrow,
and watch at 8.00am for results.
When I last looked at the Company I was impressed,
so would not surprise me if results were not good tomorrow.

[britishbear] 02/8/2004 11:55

Interims out TOMORROW.

Check trades for hints of what is to come. Any insider moves may become evident.

Holding

[zapa] 02/8/2004 07:37

Is this a tile Co?

[britishbear] 01/8/2004 22:24

Suspect ASDA will not be DATA run though - they are going for smaller retilers and not the big boys who will have their own in-house systems.

Not expecting great progress on IBM chip and pin but just increased revenues/profits from online bookies etc.

[msallen9] 01/8/2004 10:54

ASda in Northwich now have it......boom times around the corner....

[park1n] 30/7/2004 14:10

Data,Data ,data, come on lets be having u,everyone knows
their a winner ,,but don,t they hang about.
My son phoned, me up yesterday, he a personell manager at Sainsbury s
& he s got to visit 10 branches in his area, & train staff the proceedures
of chip & pin. I know M&S are using this system & no doubt other major
companies allso. I suppose I will have to learn patience.

[britishbear] 28/7/2004 09:19

Back up we go - T10's being opened etc.

Expecting good results - remember broker forcast is £1.16 so still a way to go.

[hosede] 27/7/2004 16:24

didn't do as well as you parkln - got out a bit early at 111, but back in at 97.5 today - as someone said its hit the 50day ma and the retracement from 120 after the rise from 50 is close to the Fibonacci ratio. Hopefully results will lead to a rise but it's not certain these days

[britishbear] 27/7/2004 08:51

Always a good sign when management pre-announce results.

Need to look at the forward statement and any IBM progress as a signal of how far this can rise. Traffic numbers will also be useful and margins.

----------------------------------------------------------------------

RNS Number:2481B
Datacash Group PLC
27 July 2004



DATACASH GROUP PLC


NOTIFICATION OF RESULTS


DataCash Group PLC will be announcing its results for the half year ended 30
June 2004 on Tuesday 3 August 2004.


END

[britishbear] 26/7/2004 12:58

Back on its upward trend. The previous spike was just a spike and will be taken out over the next month or two imo.

Well done to those who traded the spike. I am just buying and holding.

Lot further to go yet,

[park1n] 26/7/2004 12:53

Is this the turn around? I,m back in,with everything crossed.
Data have been good for me.

[absolute returns] 22/7/2004 13:55

Recovering....note the 25,000 MM to MM trade....very bullish !

[baheid101] 22/7/2004 12:01

could be the recently departed CEO selling stock? Hopefully the new guy will buy some

[absolute returns] 22/7/2004 10:36

Wall Street ?!?!?

[the jock] 22/7/2004 10:35

not holding this stock,it has a long way to go to a support level.May jump in at 75p

[baheid101] 22/7/2004 09:48

any ideas why this and RTD are being sold off this morning?

Baheid

[irvbox] 21/7/2004 12:18

It's not an unfamiliar pattern as it did the same thing Jan-Apr & Sep-Jan last year. There is a stepped pattern to the chart so it could last 3-4 months before it rises again or maybe after next announcement in Aug

[park1n] 21/7/2004 11:59

This Co is a mystery to me, at the beginning of july
I took a nice healthy profit 30%sold at 119,just in time
a sixth sense told me pocket the £2000,bide my time,and
come back when the inevitable rise followed. This Co has
such good prospects I can t understand why their shares
are so idle,they must start moving soon,surely!
I m tracking them hourly,just waiting to pounce.
Anybody got any info why they treading water?

[britishbear] 21/7/2004 11:36

Just profit takers - a very low RSI is often a strong buy signal as it shows most sellers have gone and any buying will move it up again.

Tempted again as a buy on dips investment