Share Name Share Symbol Market Type Share ISIN Share Description
Globaldata Plc LSE:DATA London Ordinary Share GB00B87ZTG26 ORD 1/14P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1,150.00 1,140.00 1,160.00 1,150.00 1,150.00 1,150.00 8,159 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 157.6 -7.7 -11.0 - 1,176

Globaldata Share Discussion Threads

Showing 1526 to 1547 of 1975 messages
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DateSubjectAuthorDiscuss
09/9/2007
08:24
Those who have done well holding DATA might want to take a view as to whether to hold on results day (25th September). Perhaps a strategy of selling and repurchasing post results if there are no problems would be wise and would lock in the good profits you have made. I am short and expect that the interims may disappoint at the eps level. I may be wrong, but I just wouldn't want to hold this one long across results day. Current share price 265.5p Market cap £243m Historic eps/PE 8p/33 Prospective eps/PE (current year) 8.63p/31 Why is it a good short? 45m new shares were issued at 136.5p in May 2006 to acquire Proc Cyber for £61.3m. The current value of those shares is £119.5m. At the same time the number of options were doubled as this represented 50% of the share capital at the time at the vendor wanted the right to retain 50%. Wow, the share price has nearly doubled since. Was that a really good acquisition? Unfortunately not! "Proc Cyber is a provider of risk management, payment processing, payment out solutions and financial reconciliation services predominantly to the online gaming markets" http://www.investegate.co.uk/Article.aspx?id=200605080700055686C Investec estimated that post the acquisition US gaming accounted for 30% of group sales and 40-45% of profits! As this is referring to the combined group the proportions in the acquired business would have been higher. The share price promptly plunged from 220p to around 130p in response to the Safe Port Act. This was the company's statement on this. http://www.investegate.co.uk/Article.aspx?id=200610021552478169J However, the current share price is 21% higher than the pre-Safe Port price. This would represent a massive increase in sales and profits of the remaining businesses if the rating pre-Safe Port was correct. What do the directors make of all of this? This one is pretty clear! Immediately post the issue of the final results for last year (which were good as largely unaffected by Safe Port). 18 April David Bailey sold 100k at 247p 18 April Andrew Dark sold 10k at 247p 19 April Gavin Breeze sold 1.5m at 242p No acquisitions other than low priced option exercising. No substantial sales until shortly after AGM statement at the end of June which said: "The Group has seen good growth in both revenue and transaction volumes so far this year. Revenues lost from the fallout in the US are continuing to be replaced as our customers expand their operations in other countries." http://www.investegate.co.uk/Article.aspx?id=200706271427001402Z 6 July Ashley Head sold 1.2m at 240p. A strategically important sale as Ashley Head was the 50% shareholder, but by selling these shares he now holds less than 50%. The AGM statement is no doubt accurate, but possible paints a misleading picture as the acquired business was only included for a small part of the comparative period. This good growth is now being spread across twice as many shares (just how good is that growth?). The reference to continuing to replace also implies they may not be fully replaced yet! Next news is interims on 25 September. Turnover growth and profit growth should be superficially attractive as the acquisition wasn't in the comparatives (other than for a very short period). However, the massive share issue will hold up earnings progress. The main effect of Safe Port will be felt in H2 this year as the business performed spectacularly in H2 largely due to strength in US gaming. As indicated above the growth required to replace this business is substantial. A business that was worth £2.20 per share before losing 40-45% of profits less than 1 year ago is now worth £2.655 per share. The directors have made bullish comments interspersed with subtle references to the impact of the lost business whilst raising millions in share sales. To me the share price looks set to disappoint when reality start to kick in. Also the share price has held up well within recent turbulence so a very nice entry point for anyone wanting to short. DATA is a solid business with good prospects, however, IMO there is a need for the share price to adjust to reflect the reality of the impact of Safe Port.
scburbs
07/9/2007
15:41
Well this is trading on a PE of over 50, and thats going on there last results, The buyers must be expecting sensational results, or its being marked up for a exceptional fall !
topcar
06/9/2007
17:52
Good luck to you. I'm using my profits to help with my losses on BARC.
kenbachelor
06/9/2007
17:49
I AM, JUST OPENED A NICE BOTTLE OF ARGENTINIAN MALBEC. CHEERS
wisecat
06/9/2007
15:58
It takes a lot to get this thread excited
kenbachelor
29/8/2007
12:25
i see PRTY revenue down 68% from 06, due to US withdrawel.
topcar
28/8/2007
10:03
http://www.dailyfx.com/calendar/
electric sheep
28/8/2007
10:00
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
sure
24/8/2007
07:05
chart looks dire through support now
dodddy
23/8/2007
10:12
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
capntubs
22/8/2007
12:10
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.
kenbachelor
21/8/2007
11:51
£1.70 unless it issues a profit warning (which looks quite likely)
dodddy
21/8/2007
08:28
next stop 220p?
farnesbarnes
15/8/2007
10:33
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
farnesbarnes
12/8/2007
10:52
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.
swiftnick
02/8/2007
09:58
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
ok,yah
02/8/2007
07:30
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.
farnesbarnes
01/8/2007
10:51
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." http://www.investegate.co.uk/Article.aspx?id=200704170701309637U 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.
scburbs
01/8/2007
10:14
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.
farnesbarnes
01/8/2007
08:54
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.
scburbs
01/8/2007
08:38
Volume is the steam that makes the choo choo go.
farnesbarnes
01/8/2007
07:34
FB - If you look at the huge losses on some shares over the last week, DATA is doing very well!
kenbachelor
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