Globaldata Share Discussion Threads

[sure] 28/8/2007 11:00

Hi can anyone give me the link of a good site that tells us about economic data/figures and when they are released (times/data etc)

Thanks

[dodddy] 24/8/2007 08:05

chart looks dire through support now

[capntubs] 23/8/2007 11:12

Ken, that double top is a bit of a shocker I'm afraid. If you follow the thinking that the charts don't lie then it suggests you are right and something bad might well be leaking out. Most concerning is the complete lack of bounce over the last few days when almost every other share seems to be making up some lost ground

[kenbachelor] 22/8/2007 13:10

This share could do no wrong for the last 12 months or so, but this month one would almost think there had been a leak of bad news. The interims are due on 25th September, so we will need to wait another month to find out.

[dodddy] 21/8/2007 12:51

£1.70 unless it issues a profit warning (which looks quite likely)

[farnesbarnes] 21/8/2007 09:28

next stop 220p?

[farnesbarnes] 15/8/2007 11:33

RNS Number:1428C
Datacash Group PLC
15 August 2007


15th August 2007


DataCash Group plc ("DataCash" or the "Company")


Director shareholding


Under the terms of the top-up rights contained within the acquisition agreement
between DataCash and Proc Cyber Services (UK) Limited, each time one of the
Company's existing share options (which existed at the time of the acquisition)
is exercised, Ashley Head, non-executive chairman of the Company, is entitled to
subscribe for the equivalent number of new shares at the same price as the
exercise price of the option exercised.


The Company has been notified today by Mr Head that he has subscribed for the
following shares at the following prices:

Number of Exercise price Number of shares Subscription
shares (p) subscribed for by price
Mr Head

30,000 24.50 pence 30,000 24.50 pence
13,000 26.58 pence 13,000 26.58 pence
2,210 53.75 pence 2,210 53.75 pence
39,834 100.80 pence 39,834 100.80 pence




Pursuant to subscribing for these shares Mr Head is beneficially interested in
44,678,724 shares representing 48.69 per cent. of the issued share capital of
the Company.


There remain options over 515,771 DataCash shares. Mr Head has rights to
subscribe for further new shares as and when these options are exercised.


Enquiries


Keith Butcher, Commercial Director 0870 727 4761


END




This information is provided by RNS
The company news service from the London Stock Exchange

END
RDSILFFLTEIELID

[swiftnick] 12/8/2007 11:52

Sold out this week after being a holder for six years and four months.

It's still a great little company (not so little now), but when I reviewed my portfolio for shares to weed out during the market wobble, this one came out as the one most fully valued.

It's been an interesting ride. Bought at 74p on 6 April 2001. Within seven months they were down more than 75% at just 18p. Sold on 6 August 2007 for 263p.

Good luck to those still in.

[ok,yah] 02/8/2007 10:58

I agree with scburbs looks substantially overvalued on fundamentals. When topping formation is confirmed I will short the pants off this could halve from here

[farnesbarnes] 02/8/2007 08:30

I cant see much gain from here, we are in a trading range by the looks of it. There is strong support at 245ish, and resistance at 270ish.

[scburbs] 01/8/2007 11:51

FB,

Investec in a note of 2 October 2006 estimated that US gambling accounted for around 30% of group sales and 40-45% of profits.

DATA have now withdrawn from the market so my reading is that all of these revenues and profits are down the pan.

"As announced in October 2006 and in our trading update in January 2007, the Group was adversely impacted by the Safe Ports Act in the United States, which forced us to withdraw from processing US originated gaming related payments towards the end of last year."



Growth is set to be hit by this and there are a lot more shares in issue due to the acquisition of Proc Cyber.

Directors have sold shares by the bucket load.

Despite this the shares trade near to an all time high (exc. tech boom spikes). Looks like a good short to me, but that doesn't mean it can't go on to be even more overvalued than it is currently. I just wouldn't want to be long when the actual impact of the lost business starts to be seen in the eps number. This will be seen partially in H1 (due to the additional shares in issue to buy a business that has lost a lot of its turnover/profits), but mainly in H2 as there was only 1 month of Proc Cyber in last years H1.

[farnesbarnes] 01/8/2007 11:14

I'd agree that the uptrend has reversed.

This does not mean that a downtrend will ensue. It just means that the uptrend has finished.

Re: 30 to 40% of the business going down the pan. My mate knows the owners of poker.com - according to them the Port Authority bill has had limited impact thusfar. And judging by the amount of US players still playing, I'd have to agree.

Anyway David Bailey / Datacash released a statement that said their business model was not so reliant on the US. Any business that relies on 30% of it's revenue from one source is asking for trouble.

[scburbs] 01/8/2007 09:54

Taken advantage of the current strength to increase my short position. With 30-40% of the business having gone down the pan in the US and the share price at or around all time highs it is an accident waiting to happen.

[farnesbarnes] 01/8/2007 09:38

Volume is the steam that makes the choo choo go.

[kenbachelor] 01/8/2007 08:34

FB - If you look at the huge losses on some shares over the last week, DATA is doing very well!

[farnesbarnes] 01/8/2007 08:29

The share price is looking like it may be struggling a little now. A decent push thru 270 with decent volume is needed.

[wisecat] 17/7/2007 20:12

Is this thread known as the library ?

[farnesbarnes] 17/7/2007 17:11

And the price has bounced back nicely.

(shhhhh...)

[kenbachelor] 17/7/2007 16:14

I must say it takes a lot to get you lot excited. Not one post in the last week.

[johndee] 09/7/2007 09:37

sold 1m ..average 25.8 pence....but lost lots on other shares.........

[johndee] 09/7/2007 09:36

yes..had 1 million before split.sold before split too

[kenbachelor] 09/7/2007 09:27

When making comparisons, don't forget the split (10:1) in 2001.

[johndee] 09/7/2007 09:16

went to 5.60 while i held..missed on the big profits...........had 100,000 of them.........................

[kenbachelor] 09/7/2007 08:37

You did very well then.

I don't remember them before 28 September 2000, when I realized that card payment on the net was bound to be good in the future. I bought at 168.79p and saw most of it disappear within the first 12 months. Having bought more since they recovered, I now have 50k at an average of 173.35p.