ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

IDD ID Data

0.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
ID Data LSE:IDD London Ordinary Share GB0009778589 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.25 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.25 GBX

Id Data (IDD) Latest News

Real-Time news about ID Data (London Stock Exchange): 0 recent articles

Id Data (IDD) Discussions and Chat

Id Data Forums and Chat

Date Time Title Posts
12/10/201118:12ID Data Charts + News + Analysis8,918
14/10/200815:35IDD Too high too quick?13
11/4/200811:20ID Data to challenge the 25p mark again75
26/5/200713:00IDD progress47
25/5/200717:37Where is IDD Heading???22

Add a New Thread

Id Data (IDD) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Id Data (IDD) Top Chat Posts

Top Posts
Posted at 30/12/2009 11:03 by optimistok
Can someone please explain to me what the situation is with IDD. Are my shares completely worthless now and eligible for inclusion in my tax return as a LOSS for Capital Gains Tax purposes? thank you in anticipation - Opti.
Posted at 22/12/2009 18:04 by rabain
News & Events : 2009 News
22/12/2009 : ID Data joins the TALL Group of Companies
The business and assets of Card Data Management Limited, which trades as ID Data, have been acquired by The TALL Group of Companies.

The TALL Group of Companies, which comprises TALL Security Print Limited of Runcorn, Cheshire and Checkprint Limited of Hinckley, Leicestershire is the leading provider of specially printed cheques, credits, encoded documents and secure payment solutions. The Group enjoys longstanding contractual relationships with many UK and International Banks and Financial Institutions, including Barclays, RBS Group, HBOS, HSBC, Nationwide Building Society etc.

The acquisition of ID Data, which operates from MasterCard and APACS accredited premises in Petersfield, Hampshire, substantially broadens the scope of the TALL Group, enhancing the existing paper and electronic payments products and services with a full range of secure payment cards, retail, identity and access cards and card payments technology services.

Commenting on the acquisition, Martin Ruda, TALL Group of Companies Managing Director, said "We have been looking into the secure card sector for some time, and the opportunity to acquire ID Data has come at a very good time for both parties. We are pleased to welcome to the Group an excellent team of people at ID Data, whose capabilities and quality products and services have been well proven over many years.

TALL Security Print and Checkprint have established themselves as the leading providers of special cheque products and services, and in addition to the growing range of electronic payment solutions we can now bring secure card systems into the line-up.

We believe there is an excellent fit in terms of technology, customer relationships and culture, and we are very excited about future opportunities, both in the UK and overseas".

Peter Cox of ID Data, said "I am delighted that the business has found a solid home for the future. I am confident that the acquisition by the TALL Group will be a great success".

The TALL Group of Companies currently turns over around £10million and has been significantly and consistently profitable over many years.



For further information contact:

The TALL Group: Mr. M J Ruda Tel: 01455 623700
www.tallgroup.co.uk

ID Data
www.iddata.com


It would be nice to know how much The TALL Group have payed Card Data Management for ID Data now that there are no IDD shareholders to split the proceeds with. Incredible!
Posted at 10/12/2009 19:02 by rabain
Important Notice

Alexander Kinninmonth and Stanley Burkett-Coltman of Tenon Recovery were appointed Joint Administrators of Card Data Management Limited on 27 November 2009.

The company is trading in administration for the time being while the Joint Administrators seek a buyer for the assets and business.

The Joint Administrators act as agents of the company without personal liability.

All enquiries regarding the administration should be directed to Anna Knights of Tenon Recovery on 023 8064 6534.

Well, well! That didn't last long
Hope everyone has managed to claw back during 2009 some of the losses sustained with IDD.
All the best for Christmas and 2010
Posted at 24/9/2009 09:21 by snake516
Brilliant - my bank sent me a share certificate for ID Data Group this morning!! I own 4,500,000 shares in a company worth, um, nothing...
Posted at 30/7/2009 12:57 by rabain
4Shorty, the price it was showing was 68p which I think was the price it was floated at, which just goes to show what a rip off this was. Has anybody with share certificates received any communication from the company as promised? 2 years accounts have never been published, but presumably exist is there any chance of getting to see them, and how would I find out?
Posted at 30/7/2009 12:29 by rhiannon
Try to add to monitor ,SAYS IDD DELISTED.wdik
Posted at 02/12/2008 17:10 by powwow
Many companies on the aim market owe the Revenue tax for salaries. Its a matter of will they ever get it back and if IDD has never shown or attempted to make some payments, then they'll call it a day. The fact is , this companies share price has been going down and down. If you were the revenue would you take shares, no! So its cash only, and they have decided they are owed enough money.

You'd think after all these years IDD would have cut costs, or increased revenue to a point the core business was viable. It wasn't to be, so one can assume their business model with the debt levels was unsustainable, so admin it is. It will not come back and the core assets will be taken private with no debts. There is simply no reason to do anything but that.
Posted at 28/8/2008 07:55 by lozzer1
It would be nice to see IDD turn from a sick patient to a healthy individual. If what you say is true SL, then peter Cox should really have no trouble from any lending body. But my question remains. Why is he looking for a private investor

If the sales orders for current and future periods are that good that he can predict a return to profit he could sell that to the lending organistaions without the need to seek a private lender. Even in this current climate, lending bodies would lend if they saw the real potential of such a move and a solid return on their investment

All we will see is a further dilution of any real value the share price may generate if IDD return to profit. Any positive move on the share price will be diluted by the billion or so shares
Posted at 31/7/2008 11:52 by bigpunt10
Some interesting posts and observations here today. Is nice to see the long term ever diluting tenacious holders having a say. I am sure you all know though that we have been at the mercy of hehe 'dark' forces at times. Am only gutted, as many probably are, that have not had an odd £100k to cash in on it. Hopefully, these should correct themselves to 1p without results etc the following , is a good, insightful read.
Making sense of dramatic movements in volatile stock markets
By James Clunie
Last Updated: 6:24am BST 30/07/2008


Why is it that the prices of some UK shares move 10pc or more on days on which no company specific news is released? If, like me, you've been watching the stock market recently, this question has probably crossed your mind more than once.

Our collective understanding of how shares should get priced in a "perfect" world struggles to explain such moves.

Fortunately, help is at hand. In recent years, stock market researchers have identified a series of activities that can move share prices temporarily and dramatically away from fair value, possibly explaining some of the violent moves we have seen recently. Two of the more interesting phenomena are known as "predatory trading" and "crowded exits".

Consider, first, "predatory trading" - a practice explained in lurid, theoretical detail in some recent academic papers. A "predator" learns about the trading position of some other market participant and begins to trade against him.

If the predator is strong enough, he can move the market price of the stock away from fair value. This imposes losses on the other party, and as the losses build, the victim struggles to hold on to his stock position. Eventually, the victim capitulates and closes out his position at a loss, and at around the same time, the predator closes out his own position at a profit. The share price eventually recovers to its fair value.

Who might fall victim to predatory trading? Victims could include anyone with a position that they might be unable to maintain as losses mount. This could include an investor in financial distress, a hedge fund unable to meet a margin call, or an open-ended fund having to sell shares to meet client redemptions. A more topical example is an underwriter left with an unhedged stock position after a rights issue. Other traders would quickly surmise that the underwriter held unwanted stock.

If the share price were driven lower, the underwriter's losses would mount. For risk control reasons, the underwriter might be unable to hold on to the losing position and might sell low. Predators would cover their own positions by buying cheap stock from the distressed seller.

Now, I do not know for sure that predatory trading was taking place in some UK bank shares recently, but the pattern of share prices and trading volumes that we saw in HBOS shares last week certainly matches the theoretical model.

Another phenomenon that could explain some of the recent, violent share price moves is the concept of "crowded exits". We know that the hedge fund industry has grown rapidly in recent years, and that there has been a noticeable increase in short-selling, the practice that involves selling shares that are not owned and buying them back at some later date, hopefully at an advantageous price.

Now, there is plenty of evidence that heavily shorted stocks perform, on average, badly and this suggests a simple trading strategy for short-sellers: namely, to identify heavily shorted stocks and build further short positions in those stocks. However, such acts of "imitation" change the market dynamics and can lead to unexpected consequences.

In this case, imitation can lead short positions to become large relative to the number of shares that are normally traded each day in stock...the short position is then said to become "crowded".

If a catalyst of some sort were to prompt short-sellers to change their minds rapidly and simultaneously, we would have short-sellers rushing to buy, but no new rush of people seeking to sell. This is known as a crowded exit.

The idea is akin to the audience in a crowded theatre rushing to a narrow exit door once the fire alarm sounds?...?only so many can leave the building in any given interval of time. The effect would be temporary upward pressure on the share price.

A variety of catalysts for a crowded exit are possible: a broker could change a recommendation on a stock, an investor could place a large buy order, or a rumour could cause a rapid change in sentiment.

Recent patterns of share price moves and short-seller activity in companies as diverse as Punch Taverns, Bellway and Trinity Mirror have been consistent with the notion of a crowded exit. In fact, the shares of these three companies rose by an average of 43pc in just four days last week.

A study into crowded exits* using UK stock lending data from Index Explorers shows that crowded exits are associated with significant losses for short-sellers who are unable to cover their positions rapidly. Traditional, long-only investors would generally be unable to exploit this finding by buying into crowded exits, as by definition these are illiquid positions.

If short-sellers continue to grow in importance on the London Stock Exchange, it is likely that we will experience many more crowded exits.

For an active stock market trader, it is vital to be aware of the risk of crowded exits, and to avoid at all costs the risk of becoming a victim of predatory trading. At the same time, astute traders who feel that they understand the reasons for extreme volatility can trade to benefit from temporary mis-pricings.

If they are right and the share prices are eventually restored to fair value, they can earn excess profits. For the rest of us, and in particular for long-term, fundamental investors, the advice is much simpler. Crowded exits and predatory trading are technical events that have nothing to do with the fundamentals of a company.

Fundamental investors should simply ignore the extreme volatility and stick to estimating companies' cash flows.

James Clunie is Investment Trustee at The CBF Church of England Funds

*Caveat Venditor - Crowded Exits! University of Edinburgh Centre for Financial Markets Research Working Paper. Clunie, Moles and Gao, 2008.
Posted at 30/7/2008 15:44 by newsman3
It is realistic. Why not? We have been at the mercy of higher forces. Sit, Charles. have patience. I know just a sec, read this.

Making sense of dramatic movements in volatile stock markets
By James Clunie
Last Updated: 6:24am BST 30/07/2008


Why is it that the prices of some UK shares move 10pc or more on days on which no company specific news is released? If, like me, you've been watching the stock market recently, this question has probably crossed your mind more than once.

Our collective understanding of how shares should get priced in a "perfect" world struggles to explain such moves.

Fortunately, help is at hand. In recent years, stock market researchers have identified a series of activities that can move share prices temporarily and dramatically away from fair value, possibly explaining some of the violent moves we have seen recently. Two of the more interesting phenomena are known as "predatory trading" and "crowded exits".

Consider, first, "predatory trading" - a practice explained in lurid, theoretical detail in some recent academic papers. A "predator" learns about the trading position of some other market participant and begins to trade against him.

If the predator is strong enough, he can move the market price of the stock away from fair value. This imposes losses on the other party, and as the losses build, the victim struggles to hold on to his stock position. Eventually, the victim capitulates and closes out his position at a loss, and at around the same time, the predator closes out his own position at a profit. The share price eventually recovers to its fair value.

Who might fall victim to predatory trading? Victims could include anyone with a position that they might be unable to maintain as losses mount. This could include an investor in financial distress, a hedge fund unable to meet a margin call, or an open-ended fund having to sell shares to meet client redemptions. A more topical example is an underwriter left with an unhedged stock position after a rights issue. Other traders would quickly surmise that the underwriter held unwanted stock.

If the share price were driven lower, the underwriter's losses would mount. For risk control reasons, the underwriter might be unable to hold on to the losing position and might sell low. Predators would cover their own positions by buying cheap stock from the distressed seller.

Now, I do not know for sure that predatory trading was taking place in some UK bank shares recently, but the pattern of share prices and trading volumes that we saw in HBOS shares last week certainly matches the theoretical model.

Another phenomenon that could explain some of the recent, violent share price moves is the concept of "crowded exits". We know that the hedge fund industry has grown rapidly in recent years, and that there has been a noticeable increase in short-selling, the practice that involves selling shares that are not owned and buying them back at some later date, hopefully at an advantageous price.

Now, there is plenty of evidence that heavily shorted stocks perform, on average, badly and this suggests a simple trading strategy for short-sellers: namely, to identify heavily shorted stocks and build further short positions in those stocks. However, such acts of "imitation" change the market dynamics and can lead to unexpected consequences.

In this case, imitation can lead short positions to become large relative to the number of shares that are normally traded each day in stock...the short position is then said to become "crowded".

If a catalyst of some sort were to prompt short-sellers to change their minds rapidly and simultaneously, we would have short-sellers rushing to buy, but no new rush of people seeking to sell. This is known as a crowded exit.

The idea is akin to the audience in a crowded theatre rushing to a narrow exit door once the fire alarm sounds?...?only so many can leave the building in any given interval of time. The effect would be temporary upward pressure on the share price.

A variety of catalysts for a crowded exit are possible: a broker could change a recommendation on a stock, an investor could place a large buy order, or a rumour could cause a rapid change in sentiment.

Recent patterns of share price moves and short-seller activity in companies as diverse as Punch Taverns, Bellway and Trinity Mirror have been consistent with the notion of a crowded exit. In fact, the shares of these three companies rose by an average of 43pc in just four days last week.

A study into crowded exits* using UK stock lending data from Index Explorers shows that crowded exits are associated with significant losses for short-sellers who are unable to cover their positions rapidly. Traditional, long-only investors would generally be unable to exploit this finding by buying into crowded exits, as by definition these are illiquid positions.

If short-sellers continue to grow in importance on the London Stock Exchange, it is likely that we will experience many more crowded exits.

For an active stock market trader, it is vital to be aware of the risk of crowded exits, and to avoid at all costs the risk of becoming a victim of predatory trading. At the same time, astute traders who feel that they understand the reasons for extreme volatility can trade to benefit from temporary mis-pricings.

If they are right and the share prices are eventually restored to fair value, they can earn excess profits. For the rest of us, and in particular for long-term, fundamental investors, the advice is much simpler. Crowded exits and predatory trading are technical events that have nothing to do with the fundamentals of a company.

Fundamental investors should simply ignore the extreme volatility and stick to estimating companies' cash flows.

James Clunie is Investment Trustee at The CBF Church of England Funds
Id Data share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock