Globaldata Share Discussion Threads

[everton448] 28/3/2005 09:30

The dirctors sold at 70 ish (I seem to remember) just under a year ago (and retained very substantial holdings). As for the sector, I don't think comparisons are helpful for two reasons (i) DATA is the only quoted payments processor in Europe, and (ii) the anticipated pofits growth jusitifies a high PE. Always keen to test my buys by hearing contrary arguments so any thoughts by way of rebuttal?

[insiderinside] 28/3/2005 08:22

The sector average PER is 14. This is trading at around 21. Two directors sold out large amounts of shares last year. I would expect a fall to the 90p support level before very long.

[ftsefetish] 28/3/2005 08:14

Very useful. Thanks chipperfd

[easytimes] 28/3/2005 08:04

Based on these figures: 2005 profits should be £2.3m (pe = 23) 2006 profits should be £3.2m (pe = 21) (this should be 16.5) as (3.2 * 100)/44000000 give an EPS of 7.273p, using the current share price of 120p/7.273 gives a PE ratio of 16.5

[chipperfrd] 28/3/2005 06:49

Yes, I thought that about the pe, but it was the figure quoted in the FSL. Typo maybe?

[everton448] 28/3/2005 06:30

Chipperfrd - many thanks for that - very helpful. ps - wonder whether you mean 21 for 2006 pe - wouldn't pe fall more dramatically on £3.2 million profit?

[everton448] 27/3/2005 20:50

Chipperfrd - (i) could you precis the rational for the buy recommendation, and (ii) what day was it published / received by subscribers (am wondering whether it's priced in by Thursday's rise) Thanks in advance.

[chipperfrd] 27/3/2005 14:34

Fleet Stret Letter have a buy for DATA this week. Target of 200p.

[tamaybroke] 27/3/2005 10:56

http://www.epnn.com/epaynews9977.html

[igoe104] 26/3/2005 13:43

i agree with you melville. lots of growth in this sector . very little competition. i,d be surpised if its not close to £2 or higher by year end.

[everton448] 24/3/2005 13:40

Added this morning. Looking forward to results on the 5th April.

[cyberian] 24/3/2005 10:59

Added again yesterday as more confident that DATA will have an excellent '05, and continuing growth as other applications/clients are signed-up. Feel like Retail Decision there is a lot more to go for...the latter shares have trebled over past 6 months. DATA's free float is tight so one can get some large movememts...good Institutional support as mentioned before.

[everton448] 23/3/2005 16:45

As I anticipated yesterday more falls today. And it looks as if some shrewdies were taking the opportunity to accumulate. Wouls expect this to rise now on run up to reults. I intend to buy tomorrow a.m. using this unexpectedd opportunity to pick up stock at what I hope will soon look like a bargain price... I hold so DYOR

[initiate] 23/3/2005 16:31

Well I thought I had missed the boat on this one when it shot up over 130p - but I have been able to buy onthe cheap thanks to a bout of March Madness.

[cyberian] 23/3/2005 11:26

See a roll-over in 10,000 was done this morning at 11.09 am so the movement is a bit over-done. Results and a bullish overview (hopefully!!)are due in a few weeks, should see us recover from a rather patchy stock market at present. There are tax Y/E, and interest rate considerations tugging away at market sentiment currently, but some stability should return soon. Believe DATA are in good financial shape with large Institutional support.

[spoondog] 22/3/2005 15:46

Cheers for that BB & Everton. I've held DATA for sometime and shall continue to do so.

[everton448] 22/3/2005 13:27

The sharp fall today mirrors the sharp rise a week last Friday. Those who bought then in response to a website tip will have to sell today or tomorrow or find the cash to become holders. Many traders will not want - or be able - to do that. Hence the drop. Expect more of the same tomorrow. But none of this effects the business we own. It is as good a bet now as it was before the rise (and fall). For my own part I have about 27,000 shares which I intend to keep hold of. Results a fortnight today will be in line with expectations plus we have Chip and Pin deals to come. Cutrrent trading is apparently very strong. And didn't they flag up the possibility of a dividend? Don't forget that with companies like Datacash small investors often know the business better than anyone in the City. Remember you have a stake in a fast growing business in a fast growing sector (CNP payments) with high barriers to entry. Perhaps an updated website should reassure people. Speaking of which.... As i said, I hold - so do your own research

[britishbear] 22/3/2005 13:27

small caps and techs down across the board - DATA just following the trend. Nothing to worry about and just a few investors taking their money off the table ahead of the end of the tax year.

[spoondog] 22/3/2005 11:58

Any thoughts on today's drop? Tree shake?

[ftsefetish] 18/3/2005 14:48

Was there any press coveage of the RNS ? Not in UK to check. Good news though. Very happy. Hola Greeno if yer watching. Hope all is well with you.

[samg99] 18/3/2005 11:08

hosede - don't forget that share price has gone up 45% in just over 6 weeks! At least some of the news was probably anticipated by the MMs. Regards.

[hosede] 17/3/2005 15:41

Surprised news of these deals has not had a bigger effect on the share price - but no doubt it will in time - as you say Melville they have to be highly profitable and with CNP transactions rising at the expense of CP, DATA look very well placed

[melville28] 17/3/2005 10:18

These type of deals are likely to be very profitable as its simply a case of dropping revenue onto DATA's fixed cost base. The aggregate volume of these deals today on their own probably arent massive but the key issue here is that if the new CEO can continue to deliver deals like this (there are potentially hundreds out there that he can tie up) on a regular basis over the next few years 1. The aggregate profit upgrades will be material suggesting a share price well in excess of these levels. 2. DATA will quickly pop onto the radar screen of bigger players who will think nothing of taking it out at a healthy premium to whatever the existing price is. Shares have run well and spivs who dont understand the story will inevitably take profits. Shrewd investors will buy the dips and let the good times roll on.