Globaldata Share Discussion Threads

[melville28] 18/10/2004 16:03

got horribly oversold on low volume so will presumably recoup some of losses on equally low volume...my view is that there is probably 10p of downside if everything goes wrong versus 200-300p of upside if things fall into place as expected over the next couple of years. You never know but if you always back these kind of odds you will quickly make a lot of cash...cant wait to see how these shares react to the first c&p announcement - i suspect everyone who sold out under 100p will be gutted come Christmas!!

[cyberian] 18/10/2004 14:33

Appears that the shares have found their base and poised to recover slightly...the Numis signal last week was encouraging and any chip and pin contract announcement should see a major move. This share looks set for great things especially with the new CEO well and truly settled-in and according to Numis having some ideas to push (add-on)facilities to existing systems/customers. One to watch...price target 115p plus in the near term...roll-on the new CHP contracts as the company will hopefully benefit from the resulting PR. Also see that they are linked-in with IBM according to the 3rd August statement on CHP...so omens/credibility is good. DYOR

[zapa] 15/10/2004 13:50

Local stores in the dark over chip and PIN Published: 15/10/04 12:06:00 Nearly half the local stores in the UK have taken no action to install technology capable of handling chip and PIN card payments in time for the end-of-year switchover. A poll of 500 independent retailers by trade magazine Independent Retail News across England, reveals just how far behind many retailers are. After 1 January, any stores without Chip and PIN are personally liable for any subsequent fraudulent payments at the point-of-sale. Despite the warnings and a high profile advertising campaign to get retailers on board, 59% have taken no action, while 47% do not expect to meet the deadline. 'Not only do the public seem unaware of the new chip and PIN cards, but the retailers expected to accept them are worryingly equally in the dark," says Richard Siddle, editor of Independent Retail News.

[zapa] 15/10/2004 13:44

Also the finals are a long way off so I guess now is the time to have a sort out,from an MMs point of veiw. On the other hand I could be totally wrong I normally am.

[zapa] 15/10/2004 13:40

I felt the price was brought down then the sells started. Also the spread has remaind very close.

[baheid101] 15/10/2004 13:31

not sure where this selling pressure is coming from - I get the fact that some folk may have been hoping to make a quick buck from announcements re Chip & Pin and have grown impatient and took their cash elsewhere, but the non-stop sells seem suspect to me. Anybody got any thoughts? BH

[sootog] 15/10/2004 09:12

good to reason why you are still in Data

[zapa] 15/10/2004 08:58

Scary,but no way they get mine. This happened before and I had to kick myself.Chip and pin is not about to become outdated.There might be delays in the take up,but one way or the other terminals have to be sold and installed and people have to eat,gamble and get on with life. phew thats better......

[sootog] 15/10/2004 08:55

volumes are small even with the good analysis from PJ the price retraces daily

[zapa] 15/10/2004 08:39

Any reply to your e-mail? The 't' trade on the 13th was a buy.

[britishbear] 15/10/2004 08:38

From this is money: - ------------------ Datacash Paul Jones, analyst at Numis Securities, admits to being a fan of Datacash and puts a target price of 116p on the shares currently trading at 89p. -------------------- Still very surprised at the recent fall. All I can think of is that there is a large seller out there. But why?

[zapa] 13/10/2004 16:33

'T' 10000 @ 86p. Time to buy.

[melville28] 13/10/2004 14:13

exactly - given teh UK seems to be going bid crazy at the moment, wouldnt in make sense to bid for Datacash at £60m and then reap the cash flows of chip and pin as well as the growth in non present transactions etc....how much lower can it go before somebody takes it out?

[britishbear] 13/10/2004 12:53

Getting to a "time to buy" price. A prime target.

[ftsefetish] 08/10/2004 11:39

melville28 - Appreciate that and buying into the story, potential etc. I will not be trading it when I do. However, in my experience with lack of newsflow or big buyers/sellers traders will use charts and they may be of use in short term for determining entry/exit points. Just typing my thoughts as I am hoping for a few extra pennies off if nothing happens in next week. No harm in that. Will evaluate and make the decision based on the price when I get the cash. Until then all is I can do is watch and see. If it does fly in meantime then I am happy for those that are in.

[melville28] 08/10/2004 11:24

charts are totally useless in small stocks such as this - one institution buying or selling blows away any trend!! stocks such as this are driven by MMs and newsflow - nothing more...i suspect at 85p this week the chart was indicating 70p before the 7p rally when institutions stepped in....would an announcement in the next couple of weeks change things? If so you need to just consider the liklihood of newsflow - if dont expect any then short, if do, go long!!

[ftsefetish] 08/10/2004 11:03

OK Agree it looks stronger at 70p but not convinced it will get there. Would be happy to buy at 80p.

[nilip] 08/10/2004 11:01

FTSE - yes but it's limited sppt - depends on how you personally wish to interpret the chart - the stronger sppt is at 70p.

[ftsefetish] 08/10/2004 11:00

Is there not some support at 80p ? No chart expert so comments appreciated ?Waiting for cash from house sale due next Friday and fancy tucking a few of these away so in the short term I hope to see it fall I guess although like the company. Edit - R u short by any chance Nilip ?

[nilip] 08/10/2004 10:55

Back into bearish territory ? We've now breahed the mini support at 90p for the second time. The chart suggests that we're heading for the stroger support of 70p.

[zapa] 08/10/2004 09:18

You might get your chance BB. Any replys by the way?

[everton448] 07/10/2004 18:01

Has anyone emailed any of the other compaies in the team asking if they have any testimonials (ie existing C&P customers) for the offering?

[baheid101] 07/10/2004 10:11

Morning folks I hope the 10p per transaction basic stays stable - in the longer term there will be some pressure on the fee per transaction. As the quality of Data's competitors improves, in terms of being able to provide a high quality of service to huge volume clients for whom payment processing is 'mission critical' such as gambline sites (which is where Data seems to place itself in the market), some of Datacash's bigger customers will use their position to negotiate down the fee per transaction. The challenge the company faces is to fight as hard as possible against any downward pressure on the core payment processing fee, while at the same time leveraging their customer base by offering better and better value added services. So you have two forces going in opposite directions, coupled with an underlying compound monthly transaction growth rate of 4% (according to the company) or 60.1% annualised. In 2002 revenue per transaction was 15p, in 2003 it was 13p and at the interim stage in 2004 it was 11p, so we have seen 26% deflation in their pricing over that period. Does this mean that they have been cross-selling less of the risk management products or does it mean that there has been pressure to lower the basic price per transaction in order to retain/win business? It is crucial to the investment case to understand if revenues are going to lag the fantastic transaction growth we expect or are Data actually going to be able to drive up their average fees? Baheid