Have a look at todays news threads for EVS, great first half results, important acquisition announced, more exciting news promised in February. Up 25% so far today.

Envesta sees H1 revenues up 70 pct, plans significant product launch in Feb
AFX


LONDON (AFX) - Envesta Telecom PLC said revenues in the first half are expected to be up over 70 pct after continued high growth throughout the period, in particular during Christmas and the New Year with record levels in December.

The group also said that, in the six months to Dec 31 2004, gross margin contribution is up over 120 pct, reflecting the company's concentration on higher quality and higher value business streams.

This greater margin contribution combined with an increase in the efficiency of its specialist telephony infrastructure has resulted in the company experiencing significant net profit growth, as operating costs have not increased in line with revenues.

Unaudited like-for-like comparisons show that revenue for the period was in

excess of 9 mln stg compared to 5.24 mln for the same period last year.

Executive chairman Kevin Jauncey said that it plans to build on the continuing good performance in the second half and the revised strategic roadmap for Envesta, which includes a significant product launch in early February.

Details of the company's revised strategy will be outlined in interim results in March. In the meantime the company said it will continue to explore alternatives to organic growth to further build the business.

Envesta also announced today that its subsidiary Seven Telecom, yesterday completed the acquisition of customer contracts from The Airtime Group Ltd which trades in the UK as World Telecom, a subsidiary of CANISP PLC.

The customer contracts acquired currently generate revenues in excess of 1 mln stg per annum at significant gross margin and the expected consideration, which is payable in cash, will be in the order of 340,000 stg dependant on performance of the customer contracts in the first 6 months following the acquisition.

ENVESTA TELECOM CONFIDENT OF REACHING YEAR END FORECASTS

Envesta Telecom plc ("Envesta Telecom" or the "Company"), the alternative
telephony provider, is pleased to announce that the growth experienced in the
first quarter of the current financial year has continued into the second
quarter and that the Directors believe that the Company is on track to meet its
brokers forecast for the year of #750,000 profit before tax. This confidence
comes after a recent share reorganisation and the appointment of a new Executive Chairman, Kevin Jauncey.

In his first statement as the new Executive Chairman of Envesta Telecom plc,
Kevin Jauncey commented, 'I am delighted to announce that recent performance has more than met our expectations. In line with the improvements announced at the time of the AGM, turnover is up over 30% month-on-month between October and November 2004. I look forward to making a more comprehensive statement at the
time of our interims results announcement."

Top % Gainers
# EPIC Name Price Chg %
1 DBE Dunham-bush Ord 2.5p 2.0 0.875 77.78
2 IGA Ingenta Ord 1p 4.225 0.875 26.12
3 EVS Envesta Ord 1p 2.9 0.55 23.4

Envesta Telecom PLC
19 January 2005


Kevin Jauncey, Chairman of Envesta Telecom Plc, has today purchased 250,000
shares in Envesta Telecom plc at 3p per share, and now holds 650,000 shares
representing 0.28 per cent. of the Company.



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

grevis, thanks for posting that info here, i realise there was an old EVS thread but thought it was worth highlighting them again based on todays events.
Do you currently hold any EVS? Where do you think they could go?

Cheers

Look at the market cap against the profit and turnover forecasts, it is trading on a forward P/E of 9 on the forecast profit of 750k, any surprise to the upside will bring this down. The results should also provide future forecasts or some hint and profits should be increasing as margins and turnover are moving in the right direction, hence the healthy prospect of a double whammy to the share price. Onwards and upwards, sit tight all long term holders as this is an excellent share offering real growth prospects and is making money, enough said!!!!

From UK-Analyst.com: January 19th 2005

International telephony group Envesta shares jumped 0.475p to 2.825p after the group issued a positive trading update and announced a new acquisition.

In the 6 months to December 31st, revenues should be up in excess of 70% and gross margin contribution is up more than 120%. It said this reflected the company's concentration on higher-quality and higher-value business streams.

Un-audited like-for-like comparisons show that revenue for the period was in excess of 9 million pounds compared to 5.24 million pounds last time.

The company also announced that subsidiary Seven Telecom, completed the acquisition of customer contracts from The Airtime Group, which trades in the UK as World Telecom, a subsidiary of Canisp (up 1.5p to 30p). It said the contracts acquired currently generate revenues in excess of 1 million pounds a year at significant gross margin and the expected consideration, which is payable in cash, will be in the order of 340,000 pounds, dependant on performance of the customer contracts in the first 6 months following the acquisition.

paulbrooks71: Any normal company is worth at least one years turnover. With growth stocks the skys the limit. On the former basis this stock could double in the short term and on the latter basis go much higher. Good luck!

Thanks for the info. I have recently gone into these so I'm well pleased!

LONDON (SHARECAST) - Envesta Telecom raced ahead today after the group announced it was buying some new customer contracts and said trading for the first half would show significant improvement on last year.

The telephony provider bought contracts from The Airtime Group, which currently generate revenues in excess of 1m a year. Envesta will pay about 340,000 in cash for the contracts, dependent on performance.

The company added that it has seen continued high growth particularly during Christmas and New Year, achieving record levels of revenue for December.

Kevin Jauncey, executive chairman, said, Details of our revised strategy will be outlined in our interim results in March. In the meantime the Company will continue to explore alternatives to organic growth to further build the business.
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=424752

Thanks Grevis2-this one gets better and better.

moneyplus: It certainly seems well and truly undervalued. Revenues looks set to hit around 15 million for the full year which is twice their market cap. They remind me of MXC a year ago; growing stongly, good strategy, good management, etc.

Envesta Telecom PLC
21 January 2005


ENVESTA TELECOM PLC


Envesta Telecom plc ('Envesta Telecom' or 'the Company') today announces that
the Board has granted options to Executive Chairman, Kevin Jauncey, over
5,000,000 ordinary shares in the Company. These options are vested now, and are
exercisable on or after 12th November 2006 but before 21st January 2015, and are
exercisable at a price of 2.9p per ordinary share, the closing middle market
price as at 20th January 2005.

The Board has also granted Kevin Jauncey incentive options over a further
20,000,000 ordinary shares in the Company, which will only vest if and when the
Company's share price reaches certain targets. The target share prices, number
of options vesting at those prices, and exercise prices of these options are as
follows:
Number of Shares over which
Target Share price Option exercisable Exercise price per Share

4p 5,000,000 3.4p
6p 2,500,000 5.1p
8p 2,500,000 6.8p
10p 10,000,000 8.5p

These options are exercisable two years after vesting, but in any event no later
than 20th January 2015.

From This Is Money......

Envesta Telecom: Trading for the six months to end December will show significant improvement on the same period a year previously. The company has experienced continued high growth throughout the period, in particular during Christmas and New Year, achieving record levels for December. Un-audited like-for-like comparisons show that revenue for the period was more than 9m compared with 5.24m in the same period last year. Envesta has bought The Airtime Group for around 340,000 in cash.

Thanks Grevis2. MP

Grevis2, in your opinion, can the target prices of these options be used as a useful guide as to what the Co might expect to achieve? or is it merely to act as an incentive to the directors, be it realistic or not. Your comments and thoughts would be greatly appreciated, incase you hadn't already guessed, i'm quite new to this game!

Cheers

paulbrooks71: I think it's a good indication of the company's confidence and their belief that the share price will grow. I would expect them to keep us well informed of developments to encourage the price higher. On the basis of fundamentals, the price is already cheap and does not properly reflect how well they are doing. Incidentally I've just topped up. Good luck!

Just look at the way this company is growing. If they can keep this up and options give them the incentive to do so, then that's terrific in my book. The increase in their gross margins is particularly significant.

19/01/05
Envesta sees H1 revenues up 70 pct, plans significant product launch UPDATE
AFX
LONDON (AFX) - Envesta Telecom PLC said revenues in the first half are expected to be up over 70 pct after continued high growth throughout the period, in particular during Christmas and the New Year with record levels in December.

The group also said that, in the six months to Dec 31 2004, gross margin contribution is up over 120 pct, reflecting the company's concentration on higher quality and higher value business streams.

This greater margin contribution combined with an increase in the efficiency of its specialist telephony infrastructure has resulted in the company experiencing significant net profit growth, as operating costs have not increased in line with revenues.

Unaudited like-for-like comparisons show that revenue for the period was in
excess of 9 mln stg compared to 5.24 mln for the same period last year.

Envesta Telecom PLC
28 September 2004
ENVESTA TELECOM PLC
PRELIMINARY RESULTS
Envesta Telecom plc ('Envesta' or the 'Company'), the alternative telephony
provider, announces preliminary results for the year ended 30 June 2004.
Key Financials
- Turnover up 14% to 12.4 million (2003: 10.8 million).
- Turnover increased by 36% in second half of year compared to first
half.
- Gross margins up to 20% in second half of year and maintained in the
current year.
- Gross Profit 2.2 million (2003: 2.1 million)
- Net Funds increased 56% to 0.75 million (2003:0.48 million)
- Formation of Corporate Service to ensure maximum usage of Envesta
switching and routing services
- Eurotel Exchange has established new trading relationships in Italy,
Portugal and Spain.
- Employment of Voice Over Internet Protocol ('VOIP') technology increasing
margins.

Support seems to be on the increase. A lot of blue is appearing. Should get a tick up around 2.00PM I reckon.

big drop today - 2.675p now

Corporate Synergy & Seymour Pierce have issued predictions for EVS forthcoming results.

Corporate Synergy' were issued on 14/01/05 and Seymour's on 20/01/05. The consensus is for net profits of 760K this year, rising to 1.62 million in 2006, giving prospective PEs of 9.41 in 2005 and 4.95 in 2006.

21st January 2005
Envesta Telecom PLC

Detailed Broker Forecasts
Date Rec Pretax Eps Dps Pretax Eps Dps

Corporate Synergy
14-Jan-05 0.75 0.33

Seymour Pierce
20-Jan-05 BUY 0.77 + 0.24 + - 1.62 + 0.54 + -

Consensus 0.76 0.28 - 1.62 0.54 -
1M change +0.01 +0.00 +0.32 +0.14
3M change +0.01 +0.05 +0.32 +0.15

Max online buy is currently 100K with Barclays. Can sell 250K with ease.

From Hemscott: All very positive!

Envesta Telecom PLC
Outlook

(19/01/05) ANN: ch - "...the company will continue to explore alternatives to organic growth to further build the business"

(07/12/04) ANN: ce - "I am delighted to announce that recent performance has more than met our expectations"

(11/11/04) ANN: ch - "Lyndon has made a huge contribution in turning around Envesta and i am looking forward to applying my industry experience and working with the management team in implementing the exciting growth opportunities Envest has"

(28/09/04) Prelim Report: ch - "We are now looking forward with confidence to continuing our programme of growing top line revenues to enhance overall margins and increase capacity utilisation"

(27/09/04) Annual Report: ch - "Your board expects positive contributions from all divisions during this financial period and believes Envesta Telecom PLC is now better placed than at any time in its history to deliver strong growth"

21st January 2005

Does Investa Telecom still hold 27% of Formjet? If so, then their holding is currently worth over 1 million.

Monday's Constant Gainers & Losers
MoneyAM

Formjet is 43.2% ahead at 6.625p since announcing a new product launch last week.

Grevis2, thanks for keeping the info flowing on Envesta, i agree all the news seems to be positive, i too have just topped up. As far as i can tell envesta paid 100,000 for a 27% stake in Formjet, however this was subsequently diluted to a satke of 13.75% following a pre-IPO share issue.

What do you make of the maximum buy you mentioned earlier? What does it mean in practice? Is it due to lack of liquidity?

Cheers

paulbrooks71: Thanks for clarifying Envesta's stake in Formjet. Had a feeling that it had been diluted but could not find the relevant RNS.

Just noticed someone bought 1 million EVS at 2.95p. Would be nice to see a few more of those. Good luck!

Hi guys,

Just found this thread and read all the good posts :-)

I've been a holder of these since mid December and am very pleased the way Envesta has been progressing since the appointment of Kevin Jauncy.

I agree that Envesta seems to be undervalued, maybe overlooked by most, and will top up again tomorrow.

Good luck to all,

tangle.

Tangle

I agree Envesta is undervalued. Mrkt Cap 6mill on a t/o of 15/18mill and all the recent good news in terms of profit margins etc. Suggests that the currenrt sp should have plenty of upside. Question is when will the mm's re-rate it. Product launch due in Feb and finals in March hopefully we'll see significant movement during this period.

It will be interesting to see IDN'S finals on Monday and how the market responds as they are in the same sector as EVS and of similar market size.

Like you I think I'll be topping up in EVS soon.

Cheers
Warren

Valued at 6.5m
Cash - 0.75m
Completely debt free
Limited exposure to taxman thanks to previous years losses
Record turnover and on course to meet broker forecasts of 750k profit for full year then....

in January we are told turnover is achieving new highs again
Exciting and important product launch announced for February which incidentaly comes at a very low cost to the company and the results for this exciting period in March. Can't wait for that exposure myself.

A high margin profitable 1m turnover business has also been acquired for a measly 340k and some very reputable names are appearing on the board. The Directors stand to make a serious amount of money if they can achieve 8p plus and i believe we will see more director buys before very long. They will be well rewarded but so will we if these respectable individuals simply keep the company on its current path.

I sincerely believe this share is under valued at a modest 2.85p and that a re-rating will occur within six months following further success across the expanded business. A market cap of 15m on an undemanding p/e of 15 with a turnover of 20m + come end of year results. This will still leave room for serious upside.

Easy money? The board thinks so. For thier expertise and guidance to 7 figure annual profits they want to ensure thier hardwork pays off via the share options. Great attitude with plenty of motivation and an everybody wins scenario.

Let the good times roll.....

If Seymour Pierce are right then Envesta will make 1.62 million next year which makes this stock a complete snip. Growth stocks would normally command a PE of around 20 which gives the potential of a 5 fold increase in Envesta's share price. Good luck!

From another BB:

Just a bit of info form EVS acquisition of World Telecom. As World Telecom offer the The Global Calling Card
Revenue Expected to Top $5 Billion FRAMINGHAM, Mass., July 30 /PRNewswire/ -- Since its launch in the early 1990s, the prepaid calling card market has experienced impressive double-digit annual growth, reflecting the accelerating demand for prepaid telecommunications services. IDC reports the market for prepaid calling cards will continue to expand, with revenue growing from $3.4 billion in 2000 to $5.3 billion at the end of 2005. "Although the prepaid market is still dominated by the credit challenged, ethnic minorities, and lower-income consumers, the typical prepaid calling card user is becoming less defined," said Amy Harris, analyst with IDC's Residential Telecommunications Services program. "We see more business users and colleges students purchasing prepaid calling cards as well as a growing segment of users that view prepaid cards as convenient to use and a helpful tool to control their long distance calling costs."

Top % Gainers
# EPIC Name Price Chg %

16 EVS Envesta Ord 1p 2.875 0.225 8.49

Top % Gainers

# EPIC Name Price Chg %
13 EVS Envesta Ord 1p 2.925 0.275 10.38

We've seen some strong buying this morning. Seems as though those two largish trades of 250,000 and 200,000 moved the price. Money AM is showing that they were timed at 9.53AM and 10.00AM respectively. Because of the time delay they are naturally showning as 'sells'.

Now a 250,000 'T' trade at 3.00p, plus 200,000 bought in at 10.34 and 250,000 from 10.39AM.

So far we have seen buys of 2.9 million and sells of around 600K.

News about to break do you think??

moneyplus: Well it's certainly on the cards as we've been promised a 'significant product launch' announcement this month.

moneyplus: What is evident is that we seem to have accumulated a silent following so far. This will change as Envesta becomes better known, but then we will then have to accept the nonsense that goes with it. In the meanwhile I've been having a look at Envesta's jewel, Seven Telecom, which has its own website. Take a look it's most enlightening and encouraging. You will find it on the post that follows.

Seven Telecom, UK

Company: Seven Telecom
Address: 6 Lloyds Avenue
Zipcode: ec3n 3ax
City: London
Country: UK
Tel: 0870 377777
Fax: 00
url: http://www.seventelecom.com

International voice telecommunications organisation offering fast, secure, and cost effective International voice termination from the UK to any destination throughout the globe. Typical International voice rates start from 2p per minute (24/7) anytime day, evening, weekends for volume destinations; Europe, USA, Canada, Hong Kong, China, Australia, NZ etc From 5p per minute (24/7 for Asia and 7p for Africa.

Three x 1 million buys have just shown up, including a 1 million broker buy. Is something brewing?

ok guys/gals......you are enthusiastic about your stock......fair enough....but as i have asked elsewhere before WHAT the hell do i do with the 208 shares i was given gratis as a shareholder of artisan?

genuine question.

Add a great big chunk and hold on for big gains. This one is not going to rocket overnight but if you only hold 208 shares you should put them in a drawer for your grandchildren or give them to charity !!

See Sharegift

One million man is at it again and he's early today! This time he's bought his million at 13:22:59PM. Again he's paid 2.95p. Just wonder if we are looking at an institution or a private buyer. Whatever, it's positive for this stock. Good luck!

It will take a holding of 6.9 million before becoming notifiable. I'm not sure we are quite there just yet, unless someone knows better that is!

Here's hoping somethings up!

Thanks for all your positive thoughts about EVS, only wish share price would be as positive. I am waiting for some official +ve news before increasing holding.
Superrod : were you not tempted to increase(or sell) your holding in the recent consolidation?

TheLearner: This stock is trying to break out of its current range. It will do so sometime soon.

In many ways the performance of this stock reminds me of Matrix Communications last year. The company had a new MD who was driving the firm forward. Under his direction it was growing very fast. Once it moved, it did so in large spurts. As always profit takers made it possible to top up at attractive rates. As the stock moved ahead I bought more and profited considerably from doing so. The result has been a 5-fold increase in my investment.

I have every confidence that EVS is now on the threshold of exciting growth. Its strategy is working and the company is very profitable. With a market cap of around 6 million and brokers predicting a forward PE of 4.5, it has to be a snip at this level.

Who on earth sold 16 shares?

grevis2: What about the volume of unknown shares going thru 1million+. When do we find out if they're a buy or sell. They are showing as the mid price. Any idea?

wbuffet: It's not always easy to tell when the price goes down the middle. One lot was a late trade and a hangover from yesterday. If some of the others were a sell then they got a good price. It would certainly seem that one or two were a buy. Incidentally Barclays are quoting a bid/offer spread of 2.81p to 3.00p at present.

thanks for replies peeps...

i have considered adding to my holding but reality says that i would not even cover my costs. a typical penny share with a horrendous spread. i should have sold when i got them at 40p+ from memory. i wil keep a note of the sharegift website.

good luck all

Envesta is on the move. Hold tight; don't be tempted to take profits. There's much more to come. Envesta's market cap is two thirds that of IDN but is more profitable, has a much higher turnover and has far more potential. Where else can you find a stock that's predicted to have a forward PE of 4.5?

Someone has just bought 1.6 million at 3.25P!

Wow- that's faith! I'm holding on to mine telecoms are back in favour, working lunch did a nice plug for VOIP on today's programme it is set to save thousands for large business and hundreds for those with heavy teenage users in their families- buy the right gadget 20-plug in a phone to your computer and all phone calls worldwide are free within your broadband monthly payment including calls to mobiles. Check out the working lunch web for ichatter article. I'm sure EVS is ahead of the pack on supplying this kind of thing.

Don't miss the boat in the morning.

Lots of volume of late,

"mass market product launch due EARLY FEB",

Market Cap 7.25m with estimated turnover of at least 20m and on target to

smash broker profit forecasts of 750k for year to June 05.

None of this includes the potential of the new "mass market" product which in

my opinion is what is behind the heavy buying lately. People in the know

letting the families and friends in on a secret maybe?

Stands a great chance of a good mention in Shares Mag or I.C this week

The new product will give this company further exposure with a mention in the press and by various tipsters no doubt.

IDN market cap has been as high as 12m just recently on widely expected profits of 660k.
EVS has 50% more turnover, is experiencing huge growth in high margin product turnover, 750k in the bank, No debt, large stake holder in Formjet, Directors buying. Trading statement two months ago stating company is on target to meet broker forecasts of 750k. Backed up with a further trading statement one month ago which reported further growth in revenue including a record month for December. Safe to assume profits will exceed 750k. Well motivated, experienced management.

Based on IDN's 12m valuation, at some point before or immediately after interims in March THIS YEAR we should see EVS make its way to a conservative 5p. Although 5p will still offer plenty of upside as the crowds gather around EVS and take it to around 9p a share come the full year results in September. At that point a fair valuation will be 20m with a forward p/e for 2006 of just 12. IDN's p/e is currently 14 and thats post results!



I hold over 2m of these shares and believe they are well positioned for a substantial re-rating. Look at it short, medium or long term but either way you will struggle to find a better buy than EVS, where for once the key fundamentals are in place but the share price is still lagging behind.

The fun starts here says i.

You bought 2 million, you must be crackers! Just dipped my toe in here and bought 11k worth as everything that you say above is perfectly true. I think that at the end of the day, you have to look at the market cap and say that it so long as the results are at least hitting or better than expectations, the company is undervalued. As they have already stated that the results will probably be btetter than expectations, you seem to have the odds in your favour.

Morning all. Excellent summary from jmayell. Max online buy with Barclays is now only 100K.

Note todays trades, buys outweigh the sells by 3:1 and some very big buys just going through, the re-rating of EVS is on its way. I can only think that there are two issues, with this share, the first being that it is a telecoms based share and many investors have been burnt here before and the fact that the news is key to the SP, it will be very interesting to see how good the news is!

ehall: Sounds like caveat emptor! There is however a difference here. This company has been transformed and now has impressive management that is delivering exceptional growth and profits. Compared to its peers it's decidedly undervalued and as its recent strength will testify, it's now starting the climb that will reflect its true value.

grevis2: took your advice and had a look at the Seven Telecom website, this has only served to strengthen the strong opion i already held on EVS. One question though, with so many positive indicators and stong performance etc and today more than 4 times more buyers than sellers, why the fall in SP? Admittedly only very small, but it defies logic!

Paul

paulbrooks71: I entirely agree about the SP, it certainly seemed to defy logic. However, the on screen spread did not reflect reality. When I checked just before the close, Barclays stockbrokers were quoting a spread of 3.10p v 3.20p. I would therefore suggest that one of the MMs was out of line, but without level 2 I've no way of checking who had been the culprit. But in many ways that is of no consequence. This stock is worth more and now its pretty obvious that the market is getting behind it, which is all that really matters.

Cheers and good luck!

i will investigate this co a little more fully. if the posts here are correct wrt info, it would appear a good buy. ( no offence intended to any posters ).

btw, does the fat bald bloke still bang the EVS drum? ( watson mitchell ).

Barclays stockbrokers have just dropped the max online buy to 75K!

Top % Gainers
# EPIC Name Price Chg %

14 EVS Envesta Ord 1p 3.45 0.375 12.2

Moving ahead again this morning. Just noticed the offer has gone to 4p. Nice to see that market is beginning to appreciate this stock. Much more to come. Good luck!

Top % Gainers
# EPIC Name Price Chg %

5 EVS Envesta Ord 1p 3.95 0.55 16.18

Keep going you little beauty I can feel a holliday comeing up with some of my profits.

Well said superjock! A 2.1 million buy at 4p has just shown up. All very positive!

Keep hold of your stocks folks. The fun has only just begun!

grevis2: i had a call from my broker earlier this morning offering me 4p for my evs stock, this was when the on screen bid price was only 3.7p

I'd be interested to know what you make of this.

Thanks

Paul

i have made a smallish buy to take me to 37500 @ 4.05p. guess what? its cheaper now.

paulbrooks71: That can only mean the broker is trying to fill a large order without going to the market. I remember it happened to a friend of mine who the broker knew had a large holding. The broker tempted him to release his stock after which it more than doubled. The omens are good me thinks!

superrod: Not by much! The latest trade has just gone through at 4.00p. The fun has only just begun, Keep smiling!

grevis2
i dont buy unless i think its a winner. have been watching the movement the last few days and cant see a reason why it shouldnt continue. ( this from a guy who bought SEO last frday for 10.05p........NOW 15p bid ) :o))))))

Do Envesta have to make any announcement to the market/stock exchange when their price rises by so much or quickly?

my understanding is that the price rises or falls by a certain amount a co has to release an rns. either saying they have no idea why or spilling the beans. i have no idea what that rise/fall may be, just something ive read on other tyhreads, so it might be garbage.

There should be an announcement soon regarding the new "mass market product" that is to be launched and results are out in the next couple of months which should be even ahead of Envesta's expectations, that is why the price is rising coupled with a relatively small market cap. As always, DYOR but the PE ratio should stil be in single figures when the results are out and they should give guidance for significantly increasing profits along with the new product. This should provide the small investor with the double whammy of increasing profits and an increasing PE justified by the profit growth, this is pretty much what happened at ASOS. I have bought in significantly, my mate has put his mortgage on the company but remember, it is still a small cap with all of the inherent risks, in my opinion, the upside on this share is significant!

Well said ehall. Spendid day. Just hope none of you were shaken out. More to come. Good luck!

Top % Gainers
# EPIC Name Price Chg %

14 EVS Envesta Ord 1p 4.0 0.6 17.65

Hi guys! Nice bit of consolidation around 4p. Needs to steady around this area before the next big push forward. Plenty of volume in the last few days. Someone decried that MM buy of 25K. That's a sure sign that one of them had run out of stock. All very positive. Would expect to see 5p tested some time soon, but not today.

Thanks Grevis for news of MM. Will hold onto my shares for some time still - looking for 8p after results maybe?

momentarily in profit.......ah well, cant get rich overnight

Checked number of shares bought v sold this week = +26million.

Any theories as to why the mm's are holding the sp back?

I suspect that they are getting shares from somewhere and holding the sp back until the "significant product launch". Demand will go ballistic and they will rocket the sp making "loads o' money". Or they don't have any shares and are waiting for the product launch before rocketing the sp counting on profit takers for their stock. Either way in the words of Yazz "the only way is up".

IMHO the sp is based on the future potential of the company. Therefore I think this share is grossly undervalued and should be at 12-16p. If I had any spare cash I would put in to EVS. ALready got 35k in. DYOR.

Taken from iii..........


A recent brokers note stated on fundimentals the shares should be trading at 5p. Looking at EVS's recent trading statement the annualised run rate would suggest the analyst's forecasts are on the low side and will have to be updated. We are seeing a catch up situation here, coupled with managements ambition, which hopefully will make todays share price look cheap.


I've been looking around for a better value buy then EVS but still no luck!

The broker recommendation as you say is at 5p as a fair value price so buying at 2p was a good idea! However, the financial figures on which the forecasts were made are now out of date according to the EVS trading update and the fundamental value of the firm has increased since the calcultaion was made due to recent trading ahead of expectations. This is very positive really as the broker will then issue a new note once the results are published with a revised upwards fundamental valuation of the firm!

Not only that, if you look at the recent history of EVS news and broker research, all point to revenues increasing and consistently ahead of the predicted levels! Late night last night.....?

I believe with the above news, there will be more upside this coming week

Morning all. I absolutely concur with your positive sentiments. It would seem from this morning's strong opening that many agree with you. The bid has slipped back a bit but don't be tempted out. We've yet to see the best from these. Interest is still growing in EVS and the MMs are not exactly flush with stock. With a market cap of around 9 million and projected profits of &750K for 2004/5 and 1.62 million for 2005/6, this stock has further to go. If the latter proves correct then we are looking at a forward PE of around 5.55. For a growth stock that makes EVS remarkably cheap. With a significant product launch due any day now, I would expect this stock to test new highs before the week is out. Good luck!

I've pulled this from another BB, which although I've seen it before, provides a good insight into the workings of MMs.

MARKET MAKER SPEAKS OUT: Ways of a Market Maker

I was an OTC MM for about 10 years ending in the late 80's. Since then I have been strictly an investor. Since I have not been that up to date in MM rules I will only make statements that I feel fairly confident are still accurate regarding these activities. By and large most MM don't have a clue nor do they care to learn, about the fundamentals of the stocks they trade.

They just try to make orderly markets. When dealing with BB stocks it is very easy for a MM to get trapped into being short in dealing in a fast moving market. Reason being; most of the MM's in this stock are what are called "wholesalers" this means they don't have retail brokers "working" the stocks.

So they have to rely on what's known as the "call" from larger retail houses. If a "Big" retail firm like an E-trade calls up a market maker to purchase say 5,000 shares of a stock, they expect to get an "execution" from that market maker. If he turns them down, or only gives a partial then the "Big" firm will go to another MM.

If this second MM "fills the order" then that "Big" firm has a moral obligation to continue to give future "business" in that stock to that MM who performed (his life blood). This will go on until he "fails" to perform and so on.

Contrary to popular opinion the "Big" firms Do NOT neccessarily go to the "Low Offer" to fill a buy order (Or high bid for a sell). They "Go" to who they think will perform to fill the order and expect that MM to "match" the "low offer" in the case of a buy (bid in the case of a sell). Even though this MM might in fact be the "high bid" and not really want to sell any more.

As a wholesaler he must perform or he will get a reputation as a "non-performer" with the "Big" houses and will cease getting "calls" which means he will soon go out of business. I mentioned above that this activity is very significant to BB stocks. I say this because most of the trades in these BB stocks are "unsolicited" and are done through discount houses.

With the above groundwork laid, let me try to explain how market makers get short even if they like the Company; Lets say that a stock (shell) has been lying quietly at $.25 bid $.50 offered. A limit order comes into one of the MM's to Buy at $.50 for a thousand shares. Prior to this trade that MM may be "flat" (neither long or short any shares). He fills the order and is now short 1,000 shares. He may raise his bid hoping to find a seller to "flatten" out his position. But before he realizes it a wave of buyers have come in and cleared out all the $.50 offers. Now the stock is $.50 bid .75 offered. Here comes that "Big" firm he just sold the 1,000 shares to at .50 with another bid for 1000 at .75. He makes this print. Now he is short 2,000 at an average of .625. The market keeps moving and now its .75 bid 1.00 offered. Now he has to make a decision.

Just like investors, MM Hate to take a loss. So 9 times out of 10 he will now sell 2000 at 1.00 making him short 4000 but with an average .81. At this time he would love to see a seller at .75 so he can cover his short and make a few bucks.

But instead the market keeps moving up. Now it is 1.00 to 1.25 and here comes the buyer again at 1.25. He doesn't want to lose the call so now he needs to sell 4,000 at 1.25 to keep his break even point above the bid. Now he is short 8,000. Market moves up to 1.25 bid 1.50 offer here comes the buyer now he feels he must sell 8000 here because "stocks don't go up forever".

Now he is short 16,000. And so on and so on. If the stock keeps moving up, before he realizes it he could be short 50k or 100k shares (depending how big his bank is).

Finally the market closes for the day and on paper he may look all right in that his "break even" price may be around the closing price. But now he has to figure out how to entice sellers so he can cover this short. It is important to note that if this happened to one MM it has probably happened to most all of them.

Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread.

Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight spread. Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon.

Hopefully after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will materialize thinking that the game is over.

Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short. They Short More. They usually try to cover after the frenzy is out of the market. There are many other techniques they use but the above are the most popular.

This technique works about 9 times out of 10 particularly in a BB market. However that is because 9 out of 10 BB stocks are BS. Remember what I said above. Most MM's don't have a clue as to the value of a Company until they get trapped. If the Company has solid fundementals and a bright future. Then the stock will do very well. And the activity that caused the situation will prove to even help the future stock activity because it created an audience

Just checked the price online. Bid down again but offer is static at 4.00p buy and max 150K at that. MMs are trying to square their books so don't be tempted to sell.

Thank you for the above grevis-it explains very clearly why we have to watch out for the pitfalls. you almost feel sorry for the poor mms-I said almost!!

Thank you grevis for the way of mm's working. I've bought again this morning so price fall is a little disappointing but will enjoy the climbs another day.

Max online buy is still 150K. Spread 3.6p v 3.8p. Just topped up.

EVS is now on the way up, which is not unexpected. Spread is now 3.71p v 3.9p.

Bought 250k @ 3.9p which hasn't showed up yet. No doubt it will show as a sell later on today! Even with the occasional shake the MMs aren't picking up enough shares and the new product launch is imminent. What will they do then?

The only way is up.

Well done. Just logged back in and have noticed the recovery is well underway. Also hit 4.10p on the offer. Great stuff!

At 11.24 today who would sell 4 shares?
Buys out numbering sells 5:1 so just wait for the increase in sp

Well the stock rebounded as expected. What we need now is that RNS to spur us on to the next level. Lets hope for 'blue' tomorrow. Good Luck!

We may get a tick up soon. The online bid with Barclay's has just jumped to 3.81p. Offer 3.85p. Max online buy 150K

There's the tick up! Offer is now back to 4p.

Max online buy is down to 75K

In the 6 months to December 31st, revenues should be up in excess of 70% and gross margin contribution is up more than 120%. It said this reflected the company's concentration on higher-quality and higher-value business streams. Un-audited like-for-like comparisons show that revenue for the period was in excess of 9 million pounds compared to 5.24 million pounds last time. The company also announced that subsidiary Seven Telecom, completed the acquisition of customer contracts from The Airtime Group, which trades in the UK as World Telecom, a subsidiary of Canisp (up 1.5p to 30p). It said the contracts acquired currently generate revenues in excess of 1 million pounds a year at significant gross margin and the expected consideration, which is payable in cash, will be in the order of 340,000 pounds, dependant on performance of the customer contracts in the first 6 months following the acquisition.

To sum up, EVS has real Potential!

Headquartered in London, Envesta owns state of the art infrastructure
interconnected with worldwide Tier One carriers such as British Telecom and T
Systems. Significant capital investment in Voice over Internet Protocol,
("VoIP") technology has expanded Envesta's technical capabilities, opening up
new routes to Africa and Asia at greater margins to the Company.

From the news it would appear that stocks were marked down today as the investment community thought the Americans were responsible for the explosion near Iran's Nucleur installation. Wall Street recovered when told it was nothing to do with the US. The markets are expected to rally tomorrow.

Please could someone tell me when the results are out so I can look to get more shares before then. Thanks

It has gone up to 4p now

Are we now seeing a definite breakout about the 4p level that we've all been waiting for?

Huge climb today...EVS is a company with a great potential...Buy at 4.4p

Envesta is doing very well. The Company has experienced continued high growth throughout the period, in particular during Christmas and New Year, achieving record levels of revenue for December. This has contributed to an increase in revenue of more than 70% for the first half compared to the same period last year. More importantly, gross margin contribution is up over 120%, reflecting the Companys concentration on higher quality and higher value business streams. This greater margin contribution combined with an increase in the efficiency of its specialist telephony infrastructure has resulted in the Company experiencing significant net profit growth as operating costs have not increased in line with revenues.

Starting to head upwards now

28 February 2005


Envesta Telecom launches 'Cheaper Call Rate'

The first flat-fee, single-access service for making international calls


Envesta Telecom plc ('Envesta Telecom' or the 'Company') the AIM quoted premium
quality international telephony provider, today announces that its subsidiary,
Seven Telecom, has launched 'Cheaper Call Rate', a unique flat fee service that
dramatically cuts the cost of calling overseas for UK based residential and
business users. The service operates via the first ever 'single-stage' access
method from any location in the UK.


While traditional low cost international calling alternatives have been
cumbersome and complex in their access and charging methods, Cheaper Call Rate
(CCR) provides a simple and easy-to-use service that can be used for the same
cost at any time during the day or night and from any UK-based phone (whether,
land line or mobile).


The advantages for the consumer are clear:

No change of supplier
Calls are billed by a customer's existing supplier
No connection fee or set up charge
No access number to dial
Calls are only charged when the call is answered
All calls billed at the flat rate, no matter when the call is made
High quality connections


Cheaper Call Rate works via a unique single-stage access method. On registering
at
www.cheapercallrate.com,
the fully automated system 'translates' the
international number the customer wishes to call to a non-geographic replacement
number. This number has a pre-determined price associated with it, such as
Australia for 2p per minute (inc VAT). Once the number is translated the new
non-geographic number effectively becomes the new telephone number, which can be
shared with friends and family in the UK so that everyone can benefit from the
same savings.


The move into the retail arena, with no distribution channel involved, will
deliver higher gross margins to the Company than those associated with the
current wholesale business. Cheaper Call Rate will initially concentrate
marketing activities directly within the consumer and business market, later
extending into the brand community, where opportunities exist for organisations
with a large customer base to enhance distribution and market penetration
through affinity partnerships and white-label options.


Commenting on the launch, Kevin Jauncey, Executive Chairman of Envesta Telecom
stated 'This is an exciting new addition to the Seven Telecom product range. Not
only is Cheaper Call Rate the first product of its kind to market, we also have
significant supplier arrangements in place that support Seven's marketing
expenditure for Cheaper Call Rate, therefore not burdening the cash and
profitability position of the Company. In addition the service works via a
rebate payment method, thus revenues are assured.'


'Key to Cheaper Call Rate's success is its ease of use, calls are billed at the
flat rate via the customer's existing telephony supplier. A great deal of
development and testing has gone into the service, but due to the utilisation of
existing resource and infrastructure very little additional cost is associated
with the new product. Even while offering some of the lowest rates in the
market, Cheaper Call Rate remains a very high margin product for us. The UK sees
over 43% of the population making international calls, our move into the retail
market strengthens and complements its growing wholesale proposition, current
forecasts for Cheaper Call Rate indicate a significant contribution to
profitability within the next 18 months.'

http://217.37.133.10/cheapercallrate/index.cfm

Nice.......very nice.......


Research Alert Monday 28 February 2005 6th tranche
1 Seymour Pierce Research
*Envesta Telecom plc
Specialist Telephony Supplier BUY
4.1p
AIM EVS.L
New product launch and forecasts
Today Envesta released a new product called Cheaper Call Rate. The
new product should have a significant impact on future revenues and margins
for Envesta.
Cheaper call rate will interface directly with Envestas back office, which will
be directed at the retail market, thus increasing margins and assuring
revenues. The product can also be White Labelled to other companies. The
product allows the customer to enter its usual international or mobile numbers
and in return will be provided with a unique telephone number, which can be
used by anyone from any UK location.
Envesta has agreements with global incumbent wholesale suppliers, which
provide the user with very high call quality, but at a very low cost. The user
makes substantial saving, but does not have to change its supplier, as
minutes used appear on the customers regular bill.
We suspect trading is well ahead of our forecasts and is gathering
momentum. Our revised numbers have been substantially revised to
reflect the performance of Envestas principal subsidiary, Seven Telecom.
Our forecast for the year ending 30June 2005 have been revised upwards
from 0.75m to 1.1m, whilst turnover has been moved from 20m to
23m. 2006 numbers have also been revised upwards. Its re-focus on its
core business, Seven Telecom, has had a dramatic effect on the growth
of the business, with little incremental cost, resulting in gross profit falling
through to the bottom-line.
Envesta is at the early stage of substantial growth. We have moved our
short-term price target to 6p and reiterate our recommendation as a BUY.
Year end Sales Pre-tax Tax rate EPS PER Net div Yield
30 June (000) (000) (%) (p) (x) (p) (%)
2004A 12,364 (254) 0 (0.12) 0 0 0
2005E 23,000 1,100 29 0.34 12.0 0 0
2006E 32,000 2,000 24 0.66 6.2 0 0
Source: Source: Seymour Pierce Limited and Company data
pre-exceptional
*Seymour Pierce Ellis Limited acts as Broker to Envesta Telecom plc
No of shares (m) 229.6
Market cap (m) 9.4
Net cash (m) 0.751
Enterprise value (m) 8.6
(%) 1m 3m 12m
FTA relative +50.3 +115.6 +46.4
12 month high/low (p) 4.35/1.65
Next news
Interims March 2005
Business
Alternative telecoms provider, specialising
in supplying high quality international
connections.
www.envestatelecom.com
Price and price relative (-2y)
ENVESTA TELECOM 28/2/05
M A M J J A S O N D J F M A M J J A S O N D J F
1.00
1.50
2.00
2.50
3.00
3.50
4.00
4.50
PRICE
PRICE REL. TO FTSE ALL SHARE - PRICE INDEX
Sourc e: DATASTREAM
Source : Datastream
Contact
John Beddoe
020 7107 8004
johnbeddoe@seymourpierce.com
Research Alert Monday 28 February 2005 6th tranche
Seymour Pierce Limited
13th Floor
Bucklersbury House
No. 3 Queen Victoria Street
EC4N 8EL
Switchboard: 020 7107 8000
Fax: 020 7107 8102
www.seymourpierce.com
Important Notes
This document has been issued and approved for distribution within the United Kingdom by
Seymour Pierce Limited only to market counterparties and intermediate customers as defined
under the FSA rules. No other person should rely upon this document. The information
contained herein is compiled from a number of sources and is believed to be correct, but cannot
be guaranteed. It is not to be construed as an offer, invitation or solicitation to buy or sell any
securities of any of the companies referred to herein and any opinions expressed are subject to
change without notice. Seymour Pierce Limited and/or its associated companies and ultimate
holding company may from time-to-time provide investment or other services to, or solicit such
business from, any of the companies referred to in this report. In addition, they and/or their
directors and employees and/or any connected persons may have an interest in the securities of
any of the companies in the report and may from time-to-time add to or dispose of such
interests. Seymour Pierce does not meet all of the FSA standards for managing conflicts of
interest, as a result our research should not be regarded as an impartial or objective
assessment of the value or prospects of its subject matter, though of course we will always
ensure that it remains clear, fair and not misleading. Seymour Pierce Limited is authorised and
regulated by the Financial Services Authority, and is a member of the London Stock Exchange.

"Definitely one to watch" thats todays Shares Mag opinion after commenting on this weeks new product launch.

Just checked with Barclays online to find max buy limit has dropped to 37.5K.

magic 5p broken - roll on short term target 6p

Share magazine has re-iterated its BUY recommendation on EVS this week. Great potential. It will go higher

hlyeo98: On a forward PE of only 5, it's hardly surprising. Still cheap as chips!

My prediction is 5.8p by the close and 6.4p on Monday.

Its on a mission - can see it touching 6.5p later today.

It will reach 10p next week

5.88p now. Yippee!

I'm sticking to my prediction of 5.8p at the close and 6.4p on Monday. Good luck!

hello guys, very exciting stock, join in this family @5.56p, wish it is not too late. :-)

swseun: There's a lot more to come.

thanks grevis, wish u hv a very nice weekend!

Thanks swseun. Trust you will enjoy your weekend as well.

Envesta will go higher next week to 6.7p

how could you figure out 6.7p? just interested as I am quite new in stock market and like to know more.

swseun: If you want to see what excitement is being generated by this stock have a look at the BB for EVS on www.advfn.com

thanks grevis, wish we will have a nice rise in the following weeks.

Hi all
New to this one, can't believe I did not get
in before. With a forward p/e around 10
still looks very good value even with the
recent high gains, hope i am not to late.
All the best.

HUSTLER

HUSTLER: Good to see your optimism. EVS is definitely moving up a gear. So much so that their brokers, Seymour Pierce, are struggling to keep up with them. Their profits projections for EVS have been revised twice in recent months. They've gone from 750K to 1.1 million for 2004/5 and from 1.62 to 2 million for 2005/6. The latter would give a forward PE of 6.5 and not 10 as you suggested.

EVS 2004/5 results are due towards the end of this month.

swseun: You're welcome. I've more funds coming in a couple of weeks so it would be handy if EVS would consolidate for a while. However, I would expect a further tick up tomorrow.

hi grevis, there's really lot more "chatting" on EVS on the web you told. So much fun and interesting. Btw, MSQ is another interesting stock, have a look.

up 0.72p to 6.42p this am...huge buys coming in

Got in a while ago at 3.75, but couldn't resist topping up some more today at 6.35. The forecast PE has moved up to 7 now, but it's still a bargin and now that people know about it it's a real short term gainer!

11:10 Formjet PLC (FMJ) Disclosure of interest RNS

Formjet PLC
07 March 2005
For immediate release 7 March 2005
Formjet plc ('Formjet' or 'Company')
Disclosure of Interest

Formjet plc was notified today that on 4th March 2005, Envesta Telecom plc sold
a notifiable interest of 3,300,000 ordinary shares in the Company, representing
5.07% of the issued share capital of the Company. Formjet was subsequently
informed that 3,050,000 of these shares had been purchased by Marlborough UK
Micro-cap Growth Fund, representing 4.69% of the issued share capital of the
company.

Envesta Telecom plc continues to have an interest of 3,377,350 ordinary shares
(or 5.19% of the total issued share
capital).

Commenting on the statement Lyndon Chapman, Chairman and Chief Executive of
Formjet plc said: 'We are pleased to announce that Formjet has secured its
first institutional investor. It is an important milestone in the Company's
life as a public company and is consistent with our strategy of continued
growth over the next twelve months.'

For further information please contact:

Lyndon Chapman Simon Hudson/Clemmie Carr
Chairman & Chief Executive Officer
Formjet plc Tavistock Communications
Tel: 01223 531 175 Tel: 020 7920 3150

Notes to Editors:
Formjet acquires territorial rights to 'alternative' software products and
markets, sells, distributes and supports these products in the UK and
internationally, standing in place of the vendor. The business model has been
built around its current UK rights to Panda anti-virus and internet security
software. Formjet has a family of alternative software products, which now
include Panda, FileStream and Ability.

Sign of a good management, they know how to make money, they still have another 51% of their original stake so it is more dollars in the coffers, pre tax profits will be even greater than aniticpated next year given the profit levels on the disposals and the growing operating profit!

11:12 Envesta Telecom PLC (EVS) Realisation of Investment RNS

Envesta Telecom PLC
07 March 2005

For immediate release 7 March 2005

Envesta records profit of 219,200 on 49% disposal of Formjet investment

Envesta Telecom Plc today announces it has sold 3,300,000 (49%) of its holding
in Formjet for 244,000 after costs (7.4 pence per share). Following the sale
Envesta Telecom owns 3,377,350 shares in Formjet Plc.

In accordance with its orderly market agreement these shares were placed through
Formjet's broker with, institutional investor Marlborough UK Micro-cap Growth
Fund purchasing 3,050,000 shares.

Kevin Jauncey commented, 'We are delighted with the return we have made on the
Formjet investment and believe that placing this stock with an institutional
investor will help Formjet continue the strong performance outlined in the end
of year statement released on the 1st March. Envesta were encouraged by the
results and decided that the time was right to place the first tranche and
realise a net profit of 219,000 on the sale. Envesta believe that
Formjet's progress seen to date will continue and look forward to realising the
remainder of our investment at the appropriate point in time.'

For further information please contact:

Simon Hudson/Clemmie Carr
Tavistock Communications
Tel: 020 7920 3150

ccarr@tavistock.co.uk

Tracy Ronan, Communications and PR Manager
Envesta Telecom Plc
Tel: 01635 817434
Mobile: 07818 446911

tracy.ronan@envestatelecom.com


Kevin Jauncey, Executive Chairman
Kevin McGovern, Finance Director
Envesta Telecom Plc
Tel: 0870 767 7778

kevin.jauncey@envestatelecom.com

Kevin.mcgovern@envestatelecom.com

Notes to Editors

About Envesta Telecom Plc
Envesta Telecom plc is an AIM listed premium quality alternative telephony
provider specialising in the provision of high quality International telephony
connections through its wholly owned subsidiary Seven Telecom. With call quality
in the UK now taken for granted, the same quality is expected when routing calls
around the world, especially where more complex services are required.

Headquartered in London, Envesta owns state of the art infrastructure
interconnected with worldwide Tier One carriers such as BT and T-Systems.
Significant capital investment in Voice over Internet Protocol, ('VoIP')
technology where appropriate, has expanded Envesta's technical capabilities,
opening up new routes to Africa and Asia at greater margins to the Company.
This, along with some of the most sophisticated monitoring capability in the
industry, means that Seven Telecom is able to closely monitor and control the
business to achieve maximum efficiency and effectiveness.

I'm very impressed with EVS. Good to see they are using their assets wisely. Better to invest in your own company than to hold a minority stake in another.

Incidentally, the online buy is still only 37.5K!

Are we now looking at profits of 1.35 million,(including this exceptional), for the year ending March 2005, or had Seymour Pierce already anticipated that sale of FMJ?

anyone go to the T1ps investors conference on Sat they were metioned by two of the 'experts' as go long tip for 2005.

Can see 7p + before end of day and 10p by end of week mkt cap still low the next ASOS ???

2005 p/e 20 now and 2006 p/e of 10

Envesta Telecom PLC - Detailed Broker Forecasts

2005 2006
Broker Date Rec Pre-tax () EPS(p) DPS(p) Pre-tax() EPS(p) DPS(p)
Seymour Pierce 28-02-05 BUY 1.10 0.34 2.00 0.66
Corporate Synergy 28-01-05 None 0.75 0.33

Consensus 0.93 0.34 2.00 0.66
1 Month Change 0.17 0.05 0.38 0.12
3 Month Change 0.18 0.11 0.70 0.27

Growth (%) 94.12
Standard Deviation (p) 0.01 0.00
PE Prospective (x) 16.76 8.64

Hi gordon
As previous post just in, topped up again
today seems crazy as rise of 40% ish in 2 days.
But feel the sp has a lot further to go
hope it's a smart move
hope your right on the next Asos
all the best

HUSTLER

With all those buyers coming in, tick up is imminent!

I hope that is the case grevis2, but the only worry is that there could be a big seller in the background somewhere, either with a protected order or a trade that will come through 1 hour after it happened!!

tallsiii: Well, up she goes!

FT has published the following article about Envesta. Looks like we are at the early stage of substantial share price rise:

Envesta Telecom rose 13.6 per cent to 6.5p, ostensibly after the long-distance provider took 0.2m profit from the sale of around half its holding in Formjet, a software provider. Although the sale will strengthen Envestas balance sheet, the stock has more than trebled in value since the start of the year - mainly driven by expectations of higher profits. House broker Seymour Pierce said last week that Envesta is at the early stage of substantial growth

Looks like you were right grevis2. I am heavily into this one now. The article is very encouraging as at the current forward pe of 9 "substantial growth" is very cheap!

tallsiii: Today has presented a good buying opportunity. Just couldn't resist buying a few more. Hesitated at 5.75p which was a bit of a booby. Eventually bought in around the 6p level. Just shows it doesn't pay to hang on for the last point or two.

grevis: I did a similar thing as i bought as they dropped this morning also getting in at the 6p mark and just over. Could have hung on for a lower price, but all of today's prices should prove cheap in the long run.

Well done tallsiii. If Seymour Pierce are correct then we are looking at a forward PE of only 7.5 at present and as substantial growth is expected, what will that PE look like in 12 months time!

Lets hope they keep upgrading the forecasts and the company performs accordingly.

On Friday I predicted a close of 5.8p followed by 6.4p on Monday. This turned out to be quite close to the actual figures of 5.7p and 6.47p respectively. Today's close is less easy to judge but I would expect them to be roughly where they are now. Tomorrow, however, is another matter as my indicators show they could climb to around 6.76p.

Grevis2 - what indicators are you using to make your predictions of the share price?

A nice 525,815 buy has just shown up above the offer at 6.5p

looks like they have entered a range. They may be around the 6-6.5 mark for some time now.

any one know when interims due last year it was 31/03 since then directors been snapping shares up their no fools...


Envesta Telecom PLC
Director Dealings

Shares in issue: 229.6m 1p Ords

Transaction
Name Date Type Amount Price Value Holding (No.) Holding (%) Add. Info.
Kevin Jauncey
19/01/2005 Purchase 250000 3 7500 650000 0.283
Kevin McGovern
30/11/2004 Purchase 165000 1.8 2970 870000 0.379
Kevin Jauncey
15/11/2004 Purchase 400000 1.86 7440 400000 0.174
Kevin McGovern
29/09/2004 Purchase 320000 1.6 5120 705000 0.307
Lyndon Chapman
29/09/2004 Purchase 655000 1.6 10480 1290000 0.562
Lyndon Chapman
20/05/2004 Purchase 100000 2.2 2200 635000 0.277
Mark Heraghty
20/05/2004 Purchase 2000000 2.2 44000 2000000 0.871

who is the 8m holder ?

Envesta Telecom PLC
Major Shareholders

Shares in issue: 229.6m 1p Ords
Major Shareholders Amount % Holding
Schweco Nominees Ltd 0 5.70
Stephen Paul Evans 13,085,001 5.70
James Hayworth Dunn 8,000,000 3.48

Other Directors Amount % Holding
Mark Heraghty 2,000,000 0.871
Kevin Alan McGovern 870,000 0.379
Kevin Jauncey

look like buyers coming back this afternoon, any idea what's going on to those profit taking in past few days? I am still in and topped up even not at the lowest price, but still in profit. :-)

Good time to top up on weakness.

I agree, should get in b4 it's too late. It may close in blue.

buying price up to 6p again, picking up!!!

Where's this going anyone.

MS

Has anyone any thoughts on this company today as there have been over 6M trades so far this morning with current range 5.3/5.4?

SP back on the way up with 3.1m buys to .674m sells so far today.
Spread now 5.6/5.9. 6p by end of day?

Sorry pressed wrong key- spread 5.5p/5.9p

apparently the advertising campaign is kicking off big time. This is a small company trying to become a lot bigger a lot faster, apparently the adverts are some what thought provoking (some would say a tad politically incorrect but they are lefty tree huggers!). Anyway, good momentum upwards today, looks like the sellers have been exhausted and increased buying will push this forward next week towards results.

Does anyone have any information about the directors?

Why is there such an emphasis on Indo-asian and Afro-caribbean customers - look at the useful links section of the website.

It's great to see other than white fces in advertising, but this is verging on the patronising and could have the opposite effect - any asians or afro-carribeans out there who have a view? Or anyone else for that matter.

Results out on Wednesday 23/3/2005...This will go up. Looking cheap at 6p

Trading volume of 13.2M today with circa 3M more buys than sells. Spread 6.5p/ 6.7p.Estimated 7p tomorrow.

lets hope so Tenereds - 7p and a bit.
momentum pushing it ahead nicely
still looks cheap with good volume
should be a lot left to go
all the best
hustler

good to see in 4th place in constant
4 day gainers with a 27% rise
hope for more to come.
cheers hustler

Envesta Telecom plc ('Envesta' or the 'Company'), the alternative telephony
provider, announces interim results for the six months ended 31 December 2004.


Financial highlights:


Group turnover increased to 9,112,207 (2003: 5,241,437), up 74%

Gross profit increased to 2,030,734 (2003: 801,262) an increase of
153%

Underlying Profit before tax* 517,739 (2003: 340,338 loss)

Basic earnings per share of 0.13 pence (2003: 0.14 pence loss)

Shareholder base reduced to more appropriate size

Appointment of new Chairman, Kevin Jauncey

Launch of Cheaper Call Rate international calling service

Sparkling results and not much share movement? Hmmmmmm. Was the good news already in the price? Any thoughts on movement of the sp over the next week or so?

Yes they were sparkling, but I think it is the fear in the whole market today that is holding them back.

Cracking results and look at the price. Don't you just love the MM's.

MS

A wee bit better now.

Legal & General on board now. May they be the first of many institutional investors.


Envesta Telecom PLC
23 March 2005


For immediate release: 23 March 2005


Envesta Telecom raises 963,000 and secures first Institutional investor


Envesta Telecom plc ('Envesta Telecom' or the 'Company') the AIM quoted premium
international telephony provider today announces it has secured its first
institutional investor.


Legal & General Investment Management Ltd purchased 17,391,304 new ordinary
shares in the Company ('New Ordinary Shares') at 5.75 pence per share, providing
the company with net proceeds of 962,500 after costs. Application has been made
for admission of the New Ordinary Shares to trading on AIM and dealings are
expected to commence on 31 March 2005.


Following the issue of shares Legal & General Investment Management Ltd will own
7.04% of the enlarged share Capital of 246,981,063 ordinary shares.


Commenting on the investment, Kevin Jauncey, Chairman of Envesta Telecom Plc
stated 'I am delighted to confirm that we have secured our first institutional
investor, this is a significant milestone in the progress of the Company. The
funds will be used to finance the continuing growth of the company as set out in
the roadmap announced with the interim results. '

dont forget that this was languishing for AAAAAAAAGES around 4p, then a sharp 50% rise. my guess is that the results ( good though they were ) are priced in.

EVS is a BUY at this stage - 5.8p considering its huge potential and its recent institutional buying by Legal & General and its great first half results and profit.

Need the pro's and con's of this one folks, been pointed in this direction.
Seems good growth prospects and for comparison I comapred it to PXC where it seems to be trading at a discount to PXC which has been tipped and is apparently trading at discount to the market but cannot break-free of 7.5-9p range. Legal & General buying seems good and before today I hoped for the chance to buy around that price and could have done below it!! Question is where does thew support lie and how far do you think this could go. I'm very tempted. Thoughts much appreciated.

BARGAIN price at the moment - topped up twice this morning at 5.2p and 5.22p.

Remember L&G bought at 5.75p recently. Its great to get in below the institutions. Wonder if they'll be buying any more?

That was my thinking, just wondering whether or not it will go below 5p?
Have we reached the support level or will it go lower before end of tax year?
Looks a potential 2-3bagger from here?
Currently deciding whether to buy today or see what happens tomorrow?
I have been taking profits in the last few months as I'd doubled my portfolio since 2005. Nice to have cash available for bargain prices.

andy, I got in at 6 (what a plonker) so I'm hurting a bit. I think tomorrow could be a repeat of today but how it will effect EVS who knows. I agree this is a potential 2/3 bagger. Flip a coin or as my dad would say "If in doubt do nowt". Sorry I can't be more helpful.

LOL

MS

In decision today due to bad market, should have gone with instinct and got in at 5.25p, it slowed in afternoon so I held off hoping for brief fall again tomorrow. 1m sells late on so hopefully they need some buyers, cant afford 1m though!!!!

Holding steady..

I think action will increase tomorrow and Monday.

There are strong rumours of an IC magazine article tomorrow.

Good or bad rumours? Why more sells than buys today?
Very tempted with this but don't want burnt fingers!!

Where is this strong rumour from?? Is it likely to be a tip?
I am very interested in EVS, but I was also interested in PXC and got out after several boring months with <1% profit!!! Now I'd be in a loss.
I think prospects for EVS much better but would appreciate a reasoned view considering large number of sells today. Thanks to anyone prepared to answer.

It may be just a mention of the good results, or it could be more.

Could drift further today i suppose, but strong support around 5p imo.

Thanks, I'm tempted to wait a little while and see but 5p does seem the support with for some reason resistance above 5.5p? Can't see why when recently above 6p though. Might get in later today or tomorrow.

IC tip EVS as a good value to buy, worth have a look.

ENVESTA TELECOM (EVS)

Envesta is making profits for the first time since it floated on Aim in 1999. It's also taken on board its first big...

swseun, thanks, wish I'd followed my instincts earlier in the week at 5.25p but at the start of the week I was prepared to pay 6p so if I'm lucky I might still get in for around 5.7p!!

Last friday, the margin is 5.6% (quite large), buying @5.85. But I would anyway get in if still @5.85 on monday morning, even I am worrying MM is playing the spread. For long term, I am confident it would up over 6-7p. Wish I am right. Of course, if you read advfn, some got other opinions, worth to read.

I don't read advfn, can you summarise opinions? Thanks

Great little company and growing fast but I think we won't see much upside until the autumn. The share gurus seem to think all will be quiet in the market until September---unless some good RNS come out of course. Hold and accumulate IMHO.

Any views/opinions for the fall.

MS

I don't know MS, havn't got in yet - seems to do a Pipex to me, has it's rises above 6p and falls back to 5.5p. I'm still tempted by low forward PE and growth potential but don't want another PXC in my portfolio so still watching for now.

Morning all. It's interesting to note those who have been paying the full offer of 5.5p this morning. Barclays are quoting a very close spread with bid/offer of 5.35p/5.38p and has been at this level for quite some time. My indicators are that we should start to breakout in the next couple of days, so decided to take advantage of he current price to buy a further tranch at 5.38p. Good luck!

Just checked the spreads with Barclays. They are now strengthening. Bid/offer is now 5.40p/5.45p.

Interested in the potential of this one, but having had a look at the TA, can't make my mind up which way it is going to go!

Ho Hum

Regards

PTH

It has very good potential - EVS is going up

Hyleo

I do not for one moment disagree that there is significant potential. However, when posting 203/204 I had not realised that EVS had been a beneficiary of a Shares Mag tip. Certainly in the short term, such tips do tend to distort the picture somewhat. I can't help wondering if the SP has got ahead of itself at the moment. From a TA perspective, Volumes are down, RSI is far from conclusive and the MACD is currently negative. I believe a 'Hold' at present. However, I will put on my Watchlist and wait and see. Anyway. what do I know, will probably take off again this week!! LoL

Regards

PTH

Seems as though our big buyer is in early today.

Someone just bought 1.75 million!

Morning all. Good to see we are in positive territory again this morning.

The MMs certainly seem happy to absorb any sells that are coming their way. I think that big buyer is still in the market, hence why this stock is steady as a rock at present. The bid/offer performed the same strange act as yesterday when the bid went ahead of the offer for a short time. My indicators show a rise back above 6p by the 15th and on this basis I topped up again this morning. Keep smiling!

I'm not surprised to find this stock holding steady. EVS shares have performed as expected. They peaked just ahead of the Ides of March, which is the signal for the end of tax year sell off. Such falls tend to unnerve a few folk and hence the sell off tends to run into mid April before turning up again. You only have to look at the rest of the small cap market to see that this has happened across the board. Barring accidents and unforeseen events, I believe the next move forward is only days away. From the big buys we've seen in recent days, someone evidently agrees with me. Good luck!

Two mighty buys at the end of trade, yet again. 1.25 million and 1.3 million. Just who is stake-building?

I've been watching this one Grevis, only put off is I don't want another Pipex, promises so much but sp never moves outside small range despite big buys.
You predict 6p+ soon, what are your longer term projections? Cheers.

Target 4p soon and then 3p

Substance behind that ragingcat?
Why would L&G buy at 5.75p?
Why would EVS prosper to yield 10p+.
Very tempted by EVS. Honest views appreciated.

Andy

This is a small company with a market cap of 9 mil. The results are out at the end of june and untill we get nearer to that date these will bounce around between a small trading range just as they are doing now. As revenues increase then so will the price but it's going to be slow. I think the company has excellent prospects and a good model and in time the price will start to retrace. If you do decide to jump in then you will need patience.

MS

AndyS

As previously stated, have this one on my watchlist. I'm afraid I have to agree with ragingcat. From a TA perspective, Support at 5.4p has been broken (just) and if another negative day tomorrow (on the cards following the DJ's performance on Friday), next stop is 4p. Volumes continue to fall, MACD remains negative, so overall further falls are likely. Perhasp 3-4p is a good entry level.

Regards
PTH

Thanks for valued analysis folks. Keeping it on my watchlist for now. Andy

Envesta Telecom PLC
25 April 2005



Envesta Telecom plc, the AIM quoted premium international telephony provider,
announces it was informed on 22 April 2005 that, as of the 15 April, the
Strathclyde Pension Fund is interested in 7,600,000 shares, representing 3.08 %
of the issued share capital. These shares are registered in the name of
Nortrust Nominees.



For further information please contact:



Simon Hudson/Clemmie Carr
Tavistock Communications
Tel: 020 7920 3150

ccarr@tavistock.co.uk

Keeping on watchlist thanks to advice from Pete and others. Support has worryingly gone depste L&G and pension funds taking significant stakes.
I will wait to see where support level turns out to be.

Any thoughts on reason for the continuing price fall on this stock,talk about VOLATILE!,i am thinking of topping up but not sure that the price will start to pick up.

Not very much positive to say about the chart. I still believe that the SP spiked due to tips in both Shares Mag and the IC. However, following today's fall, the SP is testing support at 3.8p and also the rising trend sice December last year. If both these fail, then 3p looks like the next stop. I am continuing to watch and will probably buy if it bounces off 3.8p. I might miss the best purchase price, but then better safe than sorry.

Regards

PTH

Thx PTHPOLDEN,
As i said i was thinking of topping up,but will wait to see 3.8 as i have to agree with your thoughts,am confident it will pick up,lets see.thx again

EVS looks to have bottomed out. Time to get back in me thinks! Buyers are coming in thick and fast at this level. That 260K showing as a sell was actually a delayed buy from an hour ago. Good luck!

Looks like you were spot on PTH CHEERS!!!!

capetown

Slight recovery this PM, but perhaps still a little bit early to jump in yet. Will be interested to see what happens tomorrow. It has only tested the support level once, I would like to see a positive day prior to making a decision.

PTH

Envesta Telecom PLC - Director Shareholding
RNS Number:8848L
Envesta Telecom PLC
04 May 2005
Director Shareholding

Envesta Telecom plc ('Envesta Telecom' or the 'Company') the AIM quoted premium
international telephony provider announces that on 4th May 2005 the following
director's dealing took place.

Kevin Jauncey, Chairman of Envesta Telecom, purchased 150,000 shares in Envesta
Telecom at 4.05p per share, representing 0.06 per cent. of the issued share
capital of the Company. Following this purchase, Mr Jauncey is now interested
in 800,000 shares, representing 0.32 per cent. of the issued share capital of
the Company.

For further information please contact:

Simon Hudson/Clemmie Carr
Tavistock Communications
Tel: 020 7920 3150
ccarr@tavistock.co.uk

Tracy Ronan, Communications and PR Manager
Envesta Telecom PLC
Tel: 01635 817434
Mobile 07818 446911
tracy.ronan@envestatelecom.com

Kevin Jauncey, Executive Chairman
Kevin McGovern, Finance Director
Envesta Telecom Plc
Tel: 0870 767 7778
kevin.jauncey@envestatelecom.com
Kevin.mcgovern@envestatelecom.com

Notes to Editors

About Envesta Telecom Plc

Envesta Telecom plc is an AIM listed premium quality alternative telephony
provider specialising in the provision of high quality International telephony
connections through its wholly owned subsidiary Seven Telecom. With call
quality in the UK now taken for granted, the same quality is expected when
routing calls around the world, especially where more complex services are
required.

Headquartered in London, Envesta owns state of the art infrastructure
interconnected with worldwide Tier One carriers such as BT and T-Systems.
Significant capital investment in Voice over Internet Protocol, ('VoIP')
technology where appropriate, has expanded Envesta's technical capabilities,
opening up new routes to Africa and Asia at greater margins to the Company.
This, along with some of the most sophisticated monitoring capability in the
industry, means that Seven Telecom is able to closely monitor and control the
business to achieve maximum efficiency and effectiveness.


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


http://miranda.hemscott.com/servlet/HsPublic?context=ir.access.jsp.alerts&ir_client_id=3346&ir_option=DETAILS_ALERTS&transform=alertsoverview&createSession=true

It's hard to overlook the fact that two large Financial Institutions have taken a 3% plus stake in recent weeks and at prices well above today's closing levels. Now the CEO has given a signal that all is ship shape at EVS, so what more do you all want before taking the plunge. This company is growing and has a projected forward PE of around 6. The stock price has fallen along with the rest of the AIM market and not for any other reason. Derampers will try to convince that this stock has further to fall but they fail to provide any logical reason for their predictions. EVS will go higher sooner rather than later. This stock has a good following but there are still a few nervous holders pulling it back for the moment. Buyers are out there but as some have said, they are waiting for a sign that the bottom has been reached. The trouble is that when it does start to move ahead, the MMs will start their usual antics of restricting the flow of stock. Don't get caught out by dithering for too long. If you believe in this stock then tuck a few away before the price goes ballistic again. Good luck!

The forcasts for EVS are:

Year ending 30 June 2005: EPS 0.33p, PE 12.17
Year ending 30 June 2006: EPS 0.64p, PE 6.36, growth 91.39%

Taken from Barclays Stockbrokers website this afternoon.

I knew I didn't buy a bummer. These are only going one way...up.

MS

Glad I didn't buy at 6p, but this seems to have bounced from the bottom.
OK, could have bought yesterday and today for 4.25p but so what, tomorrow at 4.5p will still get me 30% more shares than a few weeks ago.
PTH, is this the bounce you wanted to see? Andy

Yes, you were right to hold back Andy, good call.I still see this as a good outfit with a lot of potential but it looks as if it will take time. So long term I don't see any problems. Not a short term buy though. Me the wally was in at 6p so my timing was way out. I'll just have to give myself a slap on the bum....no better not I'll only enjoy that!!

MS

AndyS

The SP has twice tested the support at 3.8p and rising trend over the last two days and survived the ordeal. Yesterday's Director's buy and today's SP increase in the SP bodes well and hopefully we should now see a steady increase rather than the spike caused by magazine tips. The stock has given the impression of being oversold, but the charts quite frankly still do not look particularly good. But then, I have learnt to be a cautious individual and wary of catching a falling knife. However, one can be too cautious and dependant on the mood of the market, following the General Election I will probably have a 'go' tomorrow. Incidentally, I do agree with the comments of many posters on this thread that EVS show significant potential, but there's always a right time to buy!

Regards

PTH

This still looks very weak. Their Cheaper Call rate (CCR) is not that cheap. There are lots of companies offering cheaper calls.

www.1899.com

is 1p / min to France
0.5 p . min to USA and Canada
and they have a special deal of 0p per minute to Germany. You just pay the connection charge. You can also us it for cheap mobile calls as cheap as 2p at times. You do not have to register a telephone number to be called for every number. You can call any destination in the world once registered.

www.18866.com is also extremely cheap for UK calls. You only pay the connection charge and then it is 0p per minute at any time.

I expect this to be falling agaon very soon.

BEWARE OF ANY COMMENTS MADE BY HAYSTACK

This person has infiltrated the company's BB on Ad..n over the last week or so and has blatantly de-ramped this stock for no other purpose than that he is employed by a competitor.

He has been temporarily banned by Ad..n for his de-ramping comments which he cannot substantiate.

He is also well known on other company BBs for his de-ramping comments and it would appear that it is extremely difficult to find any stock that he has actually supported.

It is well worth looking at the other BB to see his witterings and see the justified support this company has from its many supporters.

This is a good company with a rosy future. Do not be put off!

Regards

Well i for one have stayed with it and have topped up,at 4.25/5.15/6.10/PLUS a major buy at 2.75,so let us all enjoy 10pence by the end of the year!!

Tenereds
At least post something close to the truth. I have not been banned temporarily or otherwise ever by ADVFN. You shouldn't believe what other posters say.

I see EVS is going down today despite some buys. Is this poor market sentiment towards EVS or is there a large sell not reported yet?

How much of a loss will the CCR part of EVS lose this year and how much will it impact adversely on EVS's bottom line.

Hi,

What did I tell you, you cannot believe everything this person says as evidenced by following post on Ad..n His comments of"I have not been banned temporarily or otherwise EVER by Ad..n

10.17 -5623 of 5680

Re: Dwelshmafia/Haystack

We have barred both these users for a week, hopefully they will re-think
their strategies. If you need further abuse assistance in the future,
please could you specify the posts you are referring to and email this
to abuse@advfn.com.

Thank you for your assistance.

Regards


Helpdesk Support


(57 articles following)

Pos


It was only after a further email from the originator of the complaint that Haystack has been given another chance but with the proviso that he does not continue his de-ramping actions.

It is only a matter of time before he does.

Regards

I am afraid that the above post is a fake. You must try and not be so gullible. If you believe everything you see in posts on BBs then you may need a reality check.

ROFLMAO

Tenereds

it would have been prudent to paste the WHOLE post ( which of course would give the identity of the poster ( i presume a peep from MAM ).

maybe it was omitted for nefarious reasons?.........i only ask as i am interested on accurate/free speech on bbs.

Hi,

You can check on its originality by looking at the BB in question and the subsequent posts if you like.

I, too, am only interested in accurate/free speech and not comments from a well known de-ramper.

I accept that his company has cheaper call rates to some countries but CCR is only a small part of Envesta's business. Just look at the company's website Envestatelecom.com for a fuller picture.

Regards

Unfortunately it is not Tenereds post that is faked, but the poster on ADVFN who has faked an Email from ADVFN. I was not banned and never have been even temporarily. I imagine that the real Email told the poster not to be so silly.

Are you saying that you did not therefore send this following post:-

Haystack - 6 May'05 - 11:20 - 5644 of 5680


*******

I can't say that I am the slightest bit interested in what you Email to ADVFN and I doubt that they are either. I suggest you crawl back under that stone you came from.

I will still be posting here negatively on EVS for a LONG time.

JUDGING BY YOUR COMMENTS THIS MORNING I THINK THAT I WILL LET PEOPLE DECIDE ON WHAT YOUR INTENTIONS ARE REGARDS THIS COMPANY.

I did post that and the Email that the poster mentioned was a fake. Of course I will be posting about EVS - why not? I have a very negative view in EVS and I choose to post it.

One could ask what are the intentions of someone who posts positively about a stock.

I don't mind you posting positive comment on EVS. I suggest you get used to me posting negative ones.

Ian Money AM

Are you monitoring this. Can you please keep it under control. I visit the other side regularly and it gets awful.

MS

Yes. Could you remove the post number 245 above please. It is becoming too personal for this BB. I think that most of us try and be polite even if we do not agree with the other posters.

Hi Mickeyskint,

I am sorry that I have had to bring all this to everybody's attention as I really enjoy reading the posts on this site. It was comments made here that made me research the company in more detail and invest in this company in the first place.

Unfortunately, as we all know there are certain people in this world who like to disrupt reasoned discussions for their own benefit.

I had hoped that by posting Haystack's blatant de-ramping remarks and showing examples of his work on other BBs, people would dismiss his comments and he would tire of posting on this BB.

I hope that this is the case but I doubt it.

Ian Money Am

Can you remove post 245 above!

Tenereds

You have nothing to apologise for. Others here may not be aware of him, I most certainly was as although I don't post on the other side I certainly read.

Have a good one.

LOL

MS

Tenereds,

I have removed your posting as it concentrated on personal abuse of an individual.

You are entitled to your opinion, but please stick to discussing the topic and not the individual.

Ian

Haystack is forever trying to de-ramp...i believe he is in the league of EK

Thats the cat amongst the pigeons Ian. So this notorious haystack person, is he not de-ramping then in an unnecessary manner or was it just that IYO tenereds went too far personally. Its p'd me off cos I'm looking at EVS and all this has been a distraction. We seem to be getting too many stray folk from other boards intent on bashing stocks on moneyam, we have the insiderinsider bloke on SEO talking absolute crap and now this haystack bloke. I have and do value the moneyam boards for honest opinions but I am hoping these bashers don't ruin it in the way that they apparently do on other boards.

AndyS

Must admit I was tempted to dip a toe in on Friday following the non-effect of the General Election. However, although the Support at 3.8p has now been tested on two occasions and the rising trend remains intact (albeit only just) the indicators just do not support further strength. In fact the opposite may be true. Always difficult to make a TA judgement with these small caps though. I wouldn't be surprised if it went either way to be honest, but at the moment I think I am leaning towards further weakness. Keeping on the Watchlist for now.

Regards

PTH

Thanks Pete, much the same here, would rather pay 4.5-5.0p and be sure.

andysmith

The point is that personal attacks are not permitted on MoneyAm. Discussions should be kept to the stocks in question. That way things do not get out of hand and we can all remain fairly polite even if we do not agree with other posters.

As for me, I am very bearish about EVS. I think they were over hyped recently, which caused a temporary rise in the share price. This seems to be being corrected at the moment and the price is returning to a more sensible level.

EVS has a business unit call CCR. I think this will lose money and be a financial drag on EVS. I don't like its business model or its methods. It has a strange system where you have to register every number that you want to call and get a substitute number for it. This seems cumbersome and most other calling systems are easier to use.

CCR may find it difficult to get cusomers as they are relatively expensive compared to many of the other calling companies. They are nowhere near the cheapest to any destination in the world.

If you do want to find cheap calls then look at this site. It is not a commercial site, but just a list of other cheap calling companies and compares their rates.

http://niftylist.co.uk

PS
I am not one of the "many stray folk from other boards ". I have been here since MoneyAm began and have been posting here since then.

Haystack

You are quite right to say that personal attacks should not be permitted and we all have a right to voice an opinion about any share (holder or not). However, I hope you are not going to 'spam' this thread in the same way you have on the other side, which does you or the other posters no credit whatsoever.

Regards

PTH

ptholden
My posts on the other BB are a respnse to personal abuse.

I do expect to continue to post negative views on EVS here however.

Haystack...please don't try to deramp...cos EVS is a great potential

hyleo98
Whether EVS has any potential is a personal opinion. I don't think they have much potential at all.

The cheap call market is extremely crowded. It has large numbers of players who are much cheaper than EVS. The calling card business is also very cut throat. I see shops selling 5 calling cards at 3.50 these days to shift them.

If you travel on the Tube these days you are bombarded by large and small adverts for cheap calling services. You could easily produce a long list of cheap calling companies that are much cheaper than EVS's CCR service.

A big drawback to CCR's service is the methodology where you have to register every number that you want to call.

I would suggest that everytime the farm labourer turns up just keep posting this:

The forcasts for EVS are:

Year ending 30 June 2005: EPS 0.33p, PE 12.17
Year ending 30 June 2006: EPS 0.64p, PE 6.36, growth 91.39%

EVS has just dropped in price.

Two more MMs just dropped their prices. Two MMs now on 4p and one on 3.95p and one on 3.85p. That's 3 MMs down today.

Plenty of selling coming in now.

Forecasts are just that. They can be out above or BELOW.

I think you posted that just now. It looks the same.

The forcasts for EVS are:

Year ending 30 June 2005: EPS 0.33p, PE 12.17
Year ending 30 June 2006: EPS 0.64p, PE 6.36, growth 91.39%

Reposting the same three lines does not make a very good thread. It doesn't increase the validity of your post and is a bit pointless.

The forcasts for EVS are:

Year ending 30 June 2005: EPS 0.33p, PE 12.17
Year ending 30 June 2006: EPS 0.64p, PE 6.36, growth 91.39%

Grevis

I have filtered Haystack, due to the repetitive nature of his posts. If you have a look over the other side you will note that he has done exactly the same thing. I am afraid that he seems to take pleasure in 'bashing' many stocks, EVS being a favoutite at the moment and all he posts is SPAM. Your call, but to preserve whatever sensible posts are made on this thread, I would humbly suggest that you do likewise.

Regards
PTH

grevis,i will

EVS is down again now.

One MM on 3.95 and three on 3.85p.

EVS stock will recover from these levels. The fundamentals are still strong. Their management consists of top men from within the telecom's industry and to date theyve not let us down. Were simply suffering from boredom due to the lack of any significant announcements.

We know their brokers have a high opinion of this stock and have forecast a substantial increase in earnings over the next year or two. This has brought in Legal and General and the Strathclyde Pension Fund, both of whom now have a notifiable stake.

When the price turns the MMs will restrict stock, as weve so often witnessed, and the price will go sky high once again. This is illustrated by the speed with which FMJ shot up this afternoon on comparatively small volume. Keep the faith and tuck away a few EVS before the next move forward occurs. Dont let the farm labourer and his other alias get you down. Good luck!

grevis2
I have no aliases. I post exclusively under one user name.

EVS is worrying particularly with no news from the company. Haystack could have a point.

HI all, thought I'd pop in here and see what the EVS thread was like compared to the one on the "other side".

Been accumilating these bit by bit since early Dec last year when they were about 2p. Medium to long term hold I feel these will do me quite nicely thank you very much. AIMHO.

What a shame your thread has been infiltrated by a certain person, good luck guys, your gonna need to be strong and not get ground down.

Wish you all the very best.

Despite the nonsense from our derampers, it's hard to overlook the fact that two large Financial Institutions have taken a 3% plus stake in recent weeks and at prices well above today's closing levels. Now the CEO has given a signal that all is ship shape at EVS, so what more do you all want before taking the plunge. This company is growing and has a projected forward PE of around 6. The stock price has fallen along with the rest of the AIM market and not for any other reason. Derampers will try to convince that this stock has further to fall but they fail to provide any logical reason for their predictions. EVS will go higher sooner rather than later. This stock has a good following but there are still a few nervous holders pulling it back for the moment. Buyers are out there but as some have said, they are waiting for a sign that the bottom has been reached. The trouble is that when it does start to move ahead, the MMs will start their usual antics of restricting the flow of stock. Don't get caught out by dithering for too long. If you believe in this stock then tuck a few away before the price goes ballistic again. Good luck!

Well said grevis2. I'm in and I'm staying.

MS

Thanks mickeyskint. We are bouncing back. Over 1.1 million shares have been bought in the last 20 minutes!

Hi,

Topped up again at these prices albeit only a further 15,000 shares.

Looking forward to company's trading update in June/July with much interest.

Keep in there!

Tenereds: Well done! Managed to get an extra 50K myself. Good day for those who are made of the right stuff.

And the price fell again!

Haystack: If you flogged your Lada you might be able to afford to buy 2500 shares.

LOL

What's a Lada?

well said grevis2, mine are tucked away very securely, just waitng for the forthcoming upturn, shouldn't be too long now ;-)

What Ho! I've always loved that greeting. Seems to have gone out of fashion somewhat these days. It's become reactivated in my mind since the re-run of Jeeves and Wooster on the box. Jeeves has the brains but young Bertie has the money.

Now who on this BB fits which bill I wonder. I'm sure Haystack will argue that the brains are in his court, but I very much doubt it. I would put him in Wooster's corner and suggest the brains are firmly sided with Legal & General, Strathclyde and Kevin Jauncey and many others who have actually bought into this stock.

What has been shown is that 4p has yet again proved to be the lower resistance level. Just look at the support that came in once 4p was breached on Friday. Bodes well for the coming weeks.

Just don't listen to the nonsense from the de-rampers. They have just one objective and that is to scare the unsophisticated to dump stock. The share price will recover from this level. Exactly when, is always difficult to judge. But what we know is that their brokers are forecasting a gigantic jump in profits over the next 12 months; so dont be caught out when the next surge comes.

Good luck!

The stock closed down below the 4p support level. No one is trying to get people to dump stock at all. I am not sure what the motive would be anyway. I have no intention of buying EVS.

I am not convinced by the broker's bullish comments. House brokers comments are worth very little. How often have house brokers told people that a company was doing badly. It might be more convincing if an independant analyst made supportive comments.

It looks to me as though the MMs expect this to be down more next week, but that is just my opinion.

If you look at the TA for EVS and take some short term and long term moving averages then a 'dead cross' looks very close (short term moving averages crossing below long term moving averages). I have picked 20, 50, 100 and 200 day weighted moving averages and some of the MAs are crossing already. It looks quite soon before several more occur.

Well, having been watching EVS since being tipped by someone not on these boards I still havn't dipped in yet. I can see two arguments here, firstly the positive comments of grevis/ms and others, L&G stumping up 1m at 5.75p and pension funds/directors buying not to mention projected growth forecasts.
On the downside, the support still isn't clear IMO and I would rather pay more and be sure. Good Luck to those in EVS.

Time to get in.

Andy,you wont be able to get in if you are not careful.The buy limit for the past 2 sessions has been 150k.Anymore big buys and you could find you are frozen out.

What do you mean 150 000 max your allowed to buy ?

Try and buy any online and that is the max that the mms will offer you.Anything above that and you will have to deal through your broker.

Haystack

"I have no intention of buying EVS."

If what you said is true why do you follow this share and bother posting.

Barry--wrong thread! This is for those who believe in the company-patience will pay off.

Even the House broker Seymour Pierce only predict a share price of 6.5p for next year and house brokers tend to be over optimistic. That would indicate tat the current share price may be too high for the current year already.

haystack is a pure plain old tosser, ain't you haystack!

hay.. that does not include any new produces or new revenue .. get real your having a laugh mate.. this is going one way and that is up.

Hay are you not the one on the RGO thread recently saying its a cr@p company when it was 1.24 you dip twit.. Nows its 1.52.. so hows that short going you idiot.

bullandbear


Please refrain from personal abuse - stick to the company not fellow posters.

Ian

Was EVS down today? I think it was!

Still over 100% above your forcast of 2p though I believe

A price of 2p is a long term target and a valuation, 3p is a closer target. It may get stuck above that level. You can never tell the sort of stocks that people keep. No matter what the evidence they just hang on to them.

As shareholders in the company I believe everyone should at least sign up as a dealer. The advantages of doing this are:

1. It costs you nothing except a little time
2. You will be able to earn commission on all your external and internal calls
3. The company are offering a 5% bonus on commission rates for the next 3 months
4. You will be doing your bit for your company


For more information on becoming a dealer please email pete@085.ndo.co.uk

I am a registered Super Dealer, and will be able to get you started straight away.

How much commission do you earn from each new dealer you introduce to EVS?

To be honest I dont think it has been completly finalised pt, however I believe if I start up a dealer and they bring in over 5000 of revenue to the company, then I will earn commission. As for the dealers themselves, being signed up by the company or a super dealer makes no difference to them financially. The good thing about being signed up by a super dealer is you dont have to wait weeks to get started. Hope that answered your question.