Retec Share Discussion Threads

[8trader] 07/4/2008 13:19

Problem is the spread, 2 brave punters paying 3.25p or higher, need
a big jump to get into profits and the mm's refusing to up the bid
even after those buys does not help.

[imabastard] 07/4/2008 12:43

...... but presumably if "sales are growing quickly", their financial position will improve quickly .... and the current price doesn't reflect what RET will be as opposed to what RET is at present .... 8Trader you expressed a keen interest in this stock earlier .... why would 3p be a missed price if it goes back to 4.5p .... 40% - 50% .... there have been a number of 'over market size' buys today, so some investors are agreeing with your earlier analysis ....

[8trader] 07/4/2008 10:33

Missed the price anyway Phil.

[philjeans] 07/4/2008 09:19

Balance sheet is very weak, despite the cash; whilst sales are growing quickly, the finances look precarious - lots of intangibles; current liabilities are enormous compared to quick assets and net worth (or is it deficit?)

[8trader] 04/4/2008 12:32

This stock looks well off the radar and i really like what i see
especially the cash flow as it moves towards profits.

Market cap of 3.3 mil is nice and low too.

[timbo003] 18/3/2008 16:46

I went to a Charles Street Securities (CCS) investor meeting yesterday morning, Retec had a 30 minute slot, I was quite impressed. John Cole (the CEO) reckoned they will have £7M turnover this year and a small profit and he was quite bullish regarding growth potential, with details of how Retec would acheive this.

Gerry Mizrahi (big cheese at CCS), stated that he thought that Retec should spend profits on share buybacks to get the share price up some, and then go for a sale at 8 - 10p within a fairly short time frame. John Cole disagreed, and said they should continue to spend spare cash on organic growth and acquisition and look for a sale (to IBM or NCR) at around 20p/share in a longer time frame.

Either of those would suit me!

[dusseldorf] 07/3/2008 14:33

Masurenguy - I'd guess a person who bought the previous incarnation when price equivalent was 40 - 70p -selling to close the tax loss...they could be saving £100's in tax savings

[masurenguy] 07/3/2008 14:06

What kind of dimwit trades 2500 shares @3.08p ? The commission and stamp duty will be over 10% of the £77 transactional value for a start. What a complete waste of time !

[chairman2] 27/2/2008 16:34

It must be lousy communications

Retail not flavour of the month in terms of bricks and mortar sales
but online is going great guns.

This allows the fomer to piggy back the latter - should be a great story
but the PR is non-existent

[masurenguy] 27/2/2008 14:36

LOL - The H1 results were excellent (see RNS link below) and yet there has not been a single share transaction today !

Gross profit margin improved from 10.5% to 23%. Company is clearly on track to reach profitability next year and has a really blue chip client base including Boots, Argos, Sainsbury, Tesco and now Asda too.

[masurenguy] 27/2/2008 08:39

Yes, this is still below most peoples radar but I'm sure that will change in due course as they develop their blue chip customer base. It is a shame that they don't annoumce more of these deals, via RNS releases to raise their profile, but having discussed this with them in the past I understand that this is often not possible because the client often will not sanction this.

[currypasty] 27/2/2008 08:20

great results, pity not many following !

[masurenguy] 27/2/2008 08:12

Retec Digital Plc, the Guided Selling specialist, is pleased to announce its interim results for the 6 months to 31 December 2007. Retec has made significant progress in developing its business during the period, with strong revenue growth based on demonstrated success with both new and existing customers and products.

Highlights:

* Turnover up 166% to £3.5m (2007: £1.3m)

* Trading losses after tax more than halved to £322,000 (2007: £699,000).

* Loss per share reduced by 61% to 0.26p (2007: 0.67p).

* The number of Entertainment Xtra stores has increased to 187 Sainsbury's
stores and 49 Tesco stores around the UK, and a new trial is under way with
ASDA.

* Delivered over 2,500 Retec units to stores during the period, including for
Alliance Boots Advantage Card and Argos.

* New trials are under way for Retec's Electrical product selector in Tesco.

Chairman, Sir Brian Ivory stated:

'The Board continues to look to develop the business substantially both through
organic growth and via acquisition. Our focus remains on developing our
offering in the retail sector, both with the retailers themselves and with
manufacturers. Retec intends to continue expanding upon the contracts already
in place, and to work closely with its business partners, in developing new
prospects. As a result of the progress made in the first six months of the financial year, and the clear opportunities which now exist for Retec, the Board looks to the future with confidence.'

I am pleased to be able to report on a record half year result for Retec. Retec
has made further significant progress in developing its business during the
period and is approaching profitability before the effects of amortisation are
taken into account.Turnover was £3,544,000 which compares with three and a half months trading in the prior year following the acquisition of Retec Interface Limited in September 2006. Gross profit was £814,000 (2006: £139,000) and the loss after taxation was £322,000 (2006: £699,000). This growth is mainly due to the continued roll-out of Entertainment Xtra and, via IBM UK Limited, work from Alliance Boots and Argos. The basic loss per share per share was 0.26 pence (2006: 0.67 pence).

Cash flow has been maintained whilst this rapid growth has taken place with
cash generated from operating activities of £597,000 (2006: £122,000). At 31
December 2007, Retec had cash balances of £1.04 million (2006: £0.82 million).
Our balance sheet remains strong and we have been able to invest in new product
development, and in sales and marketing efforts targeted towards our key
accounts, the fruits of which we should begin to see in 2008. The Directors are not recommending the payment of an interim dividend at this stage.

We continue to make strides in enlarging our unique offering to the large
retail groups within the UK. Customers won during the period include ASDA and
Porto Media, and we built significantly on our relationships with existing blue
chip customers such as Tesco, Sainsbury's, and in conjunction with IBM UK
Limited, Alliance Boots and Argos. In total, we delivered over 2,500 Retec
units to stores during the period. Our Entertainment Xtra offering has been enhanced, with an upgrade of our software platform that allows us greater flexibility in managing our estates and we will shortly be deploying a new selector (Entertainment II) giving the consumer more choice at the point of sale. Through our work with Porto Media we are developing a methodology to download entertainment in-store.

The development of two new products, our Wine Selector and Electrical Goods
Selector, made further excellent progress during the period. These two
products, both of which incorporate Retec's guided selling proposition, are
either in trial or coming to trial in a number of key customers' stores,
including Tesco and ASDA. We believe this is just the beginning of the range of
Product Selectors that we will soon be able to offer retailers to engage
customers and increase sales.

We received a further substantial order from Argos during the period, to
increase the roll out of self-service terminals across 400 of its stores. These
kiosks allow customers to select and pay for products, saving time and negating
the need to queue, and thereby enhancing the in-store experience for Argos
customers. The work for Alliance Boots was completed in the period taking the total number of units to 1,340 which are deployed across 500 stores. We expect further changes to be made to this unit as more features are brought into the
application.

We are now in a position to capitalise on the hard work of the last two years,
during which time we have gained significant traction with a number of the
largest retailers in the UK. These customers' demand for our products and
services is increasing as they see the value of them, and we are also seeing a
notable increase in demand from our partners with the addition of NCR
Corporation since the end of June 2007. I would like to thank all our mployees for their contribution to these record half year results.

The Board continues to look to develop the business substantially both through
organic growth and via acquisition. Our focus remains on developing our
offering in the retail sector, both with the retailers themselves and with
manufacturers. Retec intends to continue expanding upon the contracts already
in place, and to work closely with its business partners, in developing new
prospects. As a result of the progress made in the first six months of the financial year, and the clear opportunities which now exist for Retec, the Board looks to the future with confidence.

Sir Brian Ivory

[masurenguy] 24/1/2008 19:56

Apparently !

[chairman2] 24/1/2008 19:48

that's why the price was marked down then

[masurenguy] 24/1/2008 10:30

The January 5th UK Microcap tip for Retec is being emailed to the Imteractive Investor database today.

[wcjan26] 09/1/2008 09:50

MKS.L - after disastrous xmas figures, will surely bounce higher
buy at 360p

[tornadodown] 07/1/2008 11:30

7 January 2008 Retec Digital PLC ("Retec" or "the Company") Trading Update Retec Digital PLC, the Guided Selling specialist, today issues a trading update
for the six months to 31 December 2007. The business has continued to make good
progress with strong revenue growth based on demonstrated success with existing
customers, new products and new customers in the last six months. Trading
remains in line with management's expectations.
Operational Highlights * New trials are under way for Retec's Electrical product selector in Tesco
and ASDA.
* The number of Entertainment Xtra stores has increased to 187 Sainsbury's
stores and 47 Tesco stores around the UK, and a new trial is under way with
ASDA.
* Completion of the Alliance Boots Advantage Card kiosks contract has taken
the total number of installed units to 1,340.
* Further substantial orders have been delivered to existing blue chip
customers, including Argos.
* Development of a new software platform, enabling digital download of music,
films and videos via Retec kiosks, is progressing well.
Commenting on the period, John Cole, Chief Executive Officer said:"We have continued the momentum from last year into this trading period and
have secured a substantial increase in turnover as we continue to near
profitability. Our balance sheet remains strong, and we have invested in
developing new product lines in the period to broaden the range of Product
Selectors we are able to take to market, with notable successes for Electrical
and Wine. We believe this is just the beginning of the range of Product
Selectors that we will soon be able to offer retailers to engage customers and
increase sales.
We are very excited about the future prospects of the Group as we move into
2008, as we look to grow the business substantially, both organically and
through acquisitions. We look forward to extending our 3rd party licensing
agreements and offering new and innovative Guided Selling solutions to major
retailers that will continue to broaden our presence within their retail
network."Retec intends to issue its results for the six months to 31 December 2007
during the final week of February 2008.
- Ends -

[run rabbit] 07/1/2008 09:19

I know what you mean curry. Anyway good limits for buying with only 50K available but will let you sell 250K.Definately short of stock here.

[currypasty] 07/1/2008 08:10

very nice, an wasnt that tip well timed ...lol

[tornadodown] 07/1/2008 08:04

Good strong start as expected.

[teddybear5] 07/1/2008 07:47

7 January 2008

Retec Digital PLC ("Retec" or "the Company")

Trading Update

Retec Digital PLC, the Guided Selling specialist, today issues a trading update
for the six months to 31 December 2007. The business has continued to make good
progress with strong revenue growth based on demonstrated success with existing
customers, new products and new customers in the last six months. Trading
remains in line with management's expectations.

Operational Highlights

* New trials are under way for Retec's Electrical product selector in Tesco
and ASDA.

* The number of Entertainment Xtra stores has increased to 187 Sainsbury's
stores and 47 Tesco stores around the UK, and a new trial is under way with
ASDA.

* Completion of the Alliance Boots Advantage Card kiosks contract has taken
the total number of installed units to 1,340.

* Further substantial orders have been delivered to existing blue chip
customers, including Argos.

* Development of a new software platform, enabling digital download of music,
films and videos via Retec kiosks, is progressing well.

Commenting on the period, John Cole, Chief Executive Officer said:

"We have continued the momentum from last year into this trading period and
have secured a substantial increase in turnover as we continue to near
profitability. Our balance sheet remains strong, and we have invested in
developing new product lines in the period to broaden the range of Product
Selectors we are able to take to market, with notable successes for Electrical
and Wine. We believe this is just the beginning of the range of Product
Selectors that we will soon be able to offer retailers to engage customers and
increase sales.

We are very excited about the future prospects of the Group as we move into
2008, as we look to grow the business substantially, both organically and
through acquisitions. We look forward to extending our 3rd party licensing
agreements and offering new and innovative Guided Selling solutions to major
retailers that will continue to broaden our presence within their retail
network."

Retec intends to issue its results for the six months to 31 December 2007
during the final week of February 2008.

- Ends -

For further information please contact:

Retec Digital PLC 01455 222260

John Cole, Chief Executive

Charles McKay, Finance Director

Hogarth Partnership Ltd 020 7357 9477

Fiona Noblet / Ian Payne

Charles Stanley Securities (Nominated Advisor)

Mark Taylor 020 7149 6000

Notes for Editors:

Retec Digital PLC provides retailers with Guided Selling packages designed to
engage customers and increase sales.

It already has systems installed in major retail chains including Sainsbury's,
WH Smith, Tesco, ASDA, Alliance Boots and Argos.

Flexible and versatile, Retec's solution can offer a mixture of advanced
products within its range. These include:

Entertainment Xtra - an in-store communications channel aimed at promoting home
entertainment products such as music, films, games and books. Other customers
include Sainsbury's, Tesco, ASDA and WH Smith.

Product Finder - used to locate any product within a store.

Guided Selling - a touch screen providing audio and visual information on
products at the point of sale. This has a variety of applications, for example
in wine and electrical goods.

Self Service - allows customers to perform a transaction using an in-store
terminal. Retec's product suite has the ability to top up a mobile phone, sell
mobile phone content (games, logos etc), purchase of gift cards and interact
with loyalty schemes. Current customers include Boots, Argos and Woolworths.

[run rabbit] 06/1/2008 22:01

Hi TD I agree it should be interesting tomorrow.This has been a relativly unknown stock and the tip has bought it to the eyes of potential investors.

[tornadodown] 06/1/2008 14:14

Just read an email sent to me with the same information on.At least someone has picked up on the potential of Retec.Looking forward to tomorrows trading now.

[run rabbit] 05/1/2008 21:15

Excellent find DH.There were a few more buys Friday and they dropped the bid for some unknown reason.Maybe trying to get some stock back as they have had a good run on it and online it looks as though they are after stock.