Globaldata Share Discussion Threads

[baheid101] 18/11/2004 16:12

park1n Here is a simple question, so I expect a simple answer. You alluded to your son being involved in the roll out of chip & pin at Sainsburys, and that the process has been very problematic etc. You then said he said he would not buy shares in Datacash. You are clearly inferring that Datacash are involved with Sainsburys chip & pin roll out. Can you please confirm this? thanks

[britishbear] 18/11/2004 15:39

I am surprised any son of Park1n could get anything but a shelf stacking job in a supermarket. Tin of beans please Park1n, keep the change from 10p for your next investment.

[cyberian] 18/11/2004 15:26

Some of the big retailers are having problems and have heard that the likes of Waitrose and others are talking/looking at some interim support from DATA. You are right that the big names are initially trying to effect technology in-house and these entities have not been DATA's target. However, this may change and really feel that a lot of retailers are waking-up to the fact that they are exposed, vulnerable, and more important accountable to the changes being introduced Jan. 2005. I truly believe that next year will be a great one for the likes of DATA....their systems are accredited and announcements are not necessarily always in their hands, for competitive/confidential reasons etc. Anyhow still expect to see some news fairly soon...need to be a bit patient.

[zapa] 18/11/2004 15:06

BB there is NO problem,dont you get it?

[britishbear] 18/11/2004 14:46

Parkin, which part of the question "is he trying to fit the DATACASH solution" don't you understand? There are many alternaive chip and pin solutions - the question I asked was is he fitting one bought from DATACASH. I can almost certain that he is NOT as supermarkets are doing it all in house and is NOT the target buyer of DATA's solution. That is probably why there are having problems. My advice is to tell your boy to contact DATA who will come in and solve all his problems for him.

[park1n] 18/11/2004 14:26

Why should Sainburys tell you about their problems,they ve enough trouble "in store" as it is. Once again, I only passed on info that happens to be the truth. I suggest you phone Mr King, I am sure he d be pleased to waste his time talking to the likes of you. Im moving on now,got look at my AEN, DDT,OMG,FTO, to see how much lolly I ve made today.

[zapa] 18/11/2004 14:12

Nice try park1n. If its true ill phone Sainsburys my self.If BB hasent alreadyLOL.

[zapa] 18/11/2004 13:28

oooops. Sorry park1n,just seemed obvious to me that the first question as a concerned investor would be 'WHAT SYSTEM IS THAT THEN....'

[park1n] 18/11/2004 13:23

Zapa, I just just passed on information, I did not suggest that you should sell; your a big boy, make up your own mind.

[park1n] 18/11/2004 13:19

British Bear Is he trying to fit the problem,what does that mean,do you mean is he trying fix the problem,or is he trying wear it? Yes he is trying to set the system up, read my post again it says "trying to install chip & pin in several of their branches" You should have gone to Specsavers!

[zapa] 18/11/2004 12:01

Perhaps we should all sell till he comes home for tea. LOL.

[britishbear] 18/11/2004 11:49

but is he trying to fit the Datacash solution? That is the question.

[park1n] 18/11/2004 11:45

Zapa Sorry can t tell you, I m not able to contact my son,he is at work & dos,nt like me to phone him during working hours. All I know is he is having problems,and said he would nt buy shares in Datacash.

[zapa] 18/11/2004 10:17

Who's system is it park1n?

[park1n] 18/11/2004 10:04

I have made my money with Data,some months back & would be back in again if the signs look promising,but I have a son working at Sainsbury who is trying to install chip & pin in several of their branches & he says the problems are extremely frustrating.Lets hope Datacash sort it out quickly.

[peterz] 17/11/2004 17:54

Other City people must be able to see the rosy future for DATA - what are they waiting for ?? hmm. Maybe they have enough already!

[cyberian] 10/11/2004 09:31

Chip & Pin got yet another fillip this morning on TV and although focussed on Cash-Point (ATM) fraud, a real wake-up call to retailers to get their act together. Software enhancements as provided by DATA and with the IBM connection are going to be significant as we go into 2005. IBM is only one link into the market, but once the ball starts rolling with some contracts then other applications for DATA are likely to be triggered. Potentially quite an exciting period ahead and hopefully ones patience will be rewarded.

[cyberian] 09/11/2004 15:04

There have been a number of clues that some further positive news is imminent...just sense that we are getting closer and closer. Have heard favourable sentiment from other names in the sector, however, if no updates forthcoming in next few days I will be quite disappointed. Having said that still hold the view that next year will really be where we see greater uptake in demand as retailers get to grips with requirement for secure and trusted software.

[zapa] 09/11/2004 14:34

cyberian. What happened to your post 795? You made it sound like you 'knew' something or have you forgotten?

[cyberian] 09/11/2004 14:21

Intrigued by that volume of trades yesterday which appeared to be 90% buys...would suggest some positive news is at last close on chip and pin contracts. Wish the company would combine a comment on how well existing business is growing to add further credence to their huge upside potential. Sense we could get above the £1 level as brokers have been quite positive in recent weeks with share price targets of £1.15p or more. Also the shares are fairly tightly held by Institutions and the Board...believe the figure may be close to 75% together.

[melville28] 08/11/2004 13:54

back from hols and good to see this one heading back up again...looks like the smart money is betting on c&p newsflow arriving this month. Cant remember the facts but doesnt data get the entire value of the contract (ie many year's worth) up front and in cash from IBM? If so wont the EPS leap significantly through 2005 as more deals are announced? If so, wont this share be trading at 300p+ versus current 90p which is underpinned by the core business? ie isnt this a remortgage share??!! Once they sign a deal presumably the doubting institutions will also scramble to buy and who will be selling?? this could get squeezed to 130p+ before anyone will start to be tempted to lock in profits? sorry if i'm getting carried away but i tend to only find a share with this risk/reward potential once every couple of years and the last three have all been 5 baggers for me!