i was wondering if anyone out there had any strong views? this company appears to be delivering and has just turned EBITA positive after a great trading statement last week. seems like upside to +200p once results are out.

any comments or thoughts would be appreciated.

14.60% of the shares, up from 13.80%

A small amount of the massive 1 day spike of trading went to them, I wonder where the rest went?

i am wondering to, must be to sub 3% holders at the moment. the good news is that the shareholing is becomh more diverse.

Looks like another bad day for ESY. I thought a bit of news may turn ESY around last week, all we seem to be doing is waiting!!! Have you heard any information Proptrade??

inflection point???? good volume the last two days, waiting for momentum to build and next stop 100p

tried to add to my position (spreadbet) and wasn't permitted because the spreadbet house was maxed out on their position...bodes well!

ok, big seller out of the way (again). hopefully that is the last of them. looking forward to continuing momentum tomorrow. nice price action today.

Proptrade - Let's hope we can sustain the momentum this time, up 5% so far today ....had many false dawns with this stock in recent months

i know. i talked of inflection a few days ago but with a big print hopefully clearing a seller yesterday and the now two day rise, we may be out of the wood and that inflection has been registeres. keep the faith!

nice price action today...

if i didn't know better i would say these were in play!

anyone else watching!

you betcha!

I hope all this activity is not the precursor to a bid, any predator would get them cheap with the share price at these levels.



capa

anything that puts these in play is good news....

Prop,

Perhaps this article gave you all a boost today.

http://www.citywire.co.uk/News/NewsArticle.aspx?VersionID=70156

It's a Citywire article, part of the paid for part of the site so I won't copy and paste it. Only reason I could read it is that they are allowing free access to all the site until january I think. Worth you Esy holders reading it.

Talks about Andrew Green adding 645000 shares to his unit trusts holding, now 2.9m, 2.4% of the company.

Cheers

Gav

gavdfc

Thank you so much for this. It does indeed make good reading and bolsters the point I have been banging on about for ages.

3 days of continued momentum. inflection point confirmed. chart wise this looks set to be 100p in a short space of time.

Since it is on the free part of their site i will cut and paste below for those who don't want to spend seven seconds and register...

Rgds
Prop

Green buys Easynet
Published: 14:30 Tuesday 23 November 2004 < PREV | 1 | 2 | NEXT > TOTAL PAGES: 2
By Algernon Craig Hall, Secret Buying Correspondent Printable Version

Recovery expert Andrew Green, who has a Citywire AA-rating, has added to his holding in Easynet as the telecoms company edges its way towards profitability

In recent weeks Green has picked up 645,000 shares in Easynet to take his unit trust's holding to 2.9 million or 2.4% of the 80 million company.

Easynet believes it will be free cash flow positive in the second quarter of next year, which means it would be generating enough cash to fund the ongoing needs of the business.

It also hopes to be to be trading profitably by the end of 2005, although it is still expected to report a loss for the year as a whole.

It expects to make this progress despite pricing pressures for the telecoms industry as a whole and slow growth in the sector.

Easynet's ambitions should be aided by demands last week from Ofcom that BT should give its competitors equal access to its network.

Easynet has recently benefited from strong demand from the corporate market. It has aggressively made inroads into BT exchanges, which means it is able to offer a wider range and more innovative services to its clients and as a consequence is able to charge more.

The strategy of going into BT exchanges is costly but should receive some vindication if the company's targets are met. The trouble is that until the company does reach profitability the market may continue to struggle to put a valuation on the shares which are today flat at 67p, down from a 155p high in March.

< PREV | 1 | 2 | NEXT > TOTAL PAGES: 2

something i just came across on the bbc.co.uk website. have a look in the science and tech part of the news and then click on the video section. There is an piece on "UK leads Europe in Broadband".

It turns out that UK Online (100% owned by ESY) has an 8Mb service to private customers that is the fastest in europe (TWICE as fast as Bulldog). I had no idea until now and can only assume that they will leverage off this clear advantage. Makes my 512 on BT seem pathetic by comparison!

check it out...you need the LLU's to supply this and ESY is one of the only companies to be able to supply this service.

http://www.ukonline.net/8000/

Read recently that one analysts strong belief was VOIP would take over next year

voip is amazing but still required the hardware to deliver the last mile. i used it when living in indonesia 4 years ago and my phone bill went down 95% versus what the fixed line incumbant was charging.

Prop,

Thought you would appreciate the Citywire article. Played the BBC video from the website, made interesting viewing. I'd actually seen the clip on the news the night before. Would seem that broadband take up is rising in the UK, about time.

Tried to get bband earlier this year via BT, but we don't get it in this area. 2 BT call centres up here but now bband capacity at the start of the year. Took out Telewest Blueyonder, 25 a month for 512mb. Then in April I got upgraded to 750mb at no extra cost and next January getting upgraded again to 1g, again at no extra cost. So it seems that Bband is getting cheaper as it gets rolled out more.

Not really looked to much at ESY, but do they get most of their revenue from business customers or private? Going to do more research here.

Cheers

Gav