Globaldata Share Discussion Threads

[tamaybroke] 04/4/2005 17:26

good to see the recent rise holding today,bodes well for tommorrow.

[sawbones] 04/4/2005 14:37

cheers evs- thought that I was the only one here!

[everton448] 04/4/2005 14:36

Yes - results tomorrow

[sawbones] 04/4/2005 14:35

Is it correct that the results are out tomorrow??

In answer to your questions,I am indeed the Chairman of DataCash, which makes it effectively impossible to talk on any other iii bulletin boards!
The results are anticipated for April 5th.
William Hill are not customers of DataCash and never have been. ( I believe that they built their own system in the early days)
We do support on-line poker transactions for those of our customers who offer poker, but I am not able to name customers who use us without their express permission, so I cannot be more helpful than that.

This post on iii is presumably from the main man

[davidhel] 29/3/2005 21:21

Or, to put it another way: -)


DataCash offers fail-safe to gambling operators?

By Alex Tanner
29-03-2005 02:56 PM



Payment services provider DataCash today signed a deal with BT that could help detect underage gambling on the internet.

The deal allows DataCash customers to access BT's identity verification service, URU(Trade Mark), otherwise known as URUTM, which works by asking potential users a series of questions.

Answers are then cross-referenced with information held on various national databases such as mortality, utility and financial records, and passport and driving licence details.

The reference databases do not disclose personal data but instead rank each answer as "match" or "no match". An independent audit trail is also created to show that checks have been made.

Subsequentely, DataCash will be able to provide age, identity and fraud screening of credit and debit cards in a single check. The company is hoping that the service will be of particular interest to online gambling operators, who have been looking for a fail-safe system to verify their users are of legal age to gamble.

[everton448] 29/3/2005 14:37

Interesting story - just the sort of value added services that will power furture growth

[britishbear] 29/3/2005 13:13

The tip that was posted over easter with a £2 price target will be driving this forward.

£2 seems a fair valuation to me and is my 1 year from now price target

[shirishg] 29/3/2005 08:50

Post removed by ADVFN

[everton448] 29/3/2005 08:02

Strong rise looking likely today - backed up by results a week today acting as a disincentive to profit takers.

[easytimes] 28/3/2005 13:59

IMO PE ratios of between 20-30 should be the norm for a highly profitable small cap this is one of many that are reporting nice profits with plenty of growth to come and are not being priced accordingly by the market. Others to have a look at are BDI, MSQ both have large growth potential and there are many more if you have a look. BDI for example has a forward EPS of 9.1p (upgraded by their house broker) and is currently trading on a future PE (for this year) of 11! If we have a slump in small caps like we did last year then you should be able to pick up some amazing bargains during the summer months IMO. A fair price for DATA would be around the £1.80 IMO but DYOR.

[treborbob] 28/3/2005 13:46

insidersloshpot

wishful thinking on your part?

[everton448] 28/3/2005 10:30

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 09:22

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 09:14

Very useful. Thanks chipperfd

[easytimes] 28/3/2005 09:04

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 07:49

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

[everton448] 28/3/2005 07:30

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 21:50

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 15:34

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

[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.