.

Hi Paul,

2 MM buys this morning and now coming up. Is there going to be a some large buys reported later ?


Haystack,

The 9th of Sept Corporate Synergy forecast is for the coming results 1.1 million PBT and EPS of 0.34p.

Then for the current year its forecast PBT of 2.0 million and EPS of 0.66p.

That is excellent performance I think.

Just look at the bad trading statement.

Papal STOP falling for the bait?
PLEASE

PP
The results are not out yet. It will be interesting to see what they turn out to be. I am expecting poorer results than expecteda and a poor forward looking statement, plus cash rasing very soon.

Of course Haystack when the trading statement has just said they will be in line with forecasts you wisely expect them to be bad.

Keep deramping Haystack.

PAPALPOWER,i see that fmj are up 30% !,will this help evs?,what is there plan with remainder of fmj holding do you know

They are still holding them so if the value goes up then next report the NAV will have gone up if they do not sell them before then. (Next report would be year end Dec 31st as end of half 1 05/06).

The vaue on the books now would have been at end June (end of full year 04/05)

Means very litle when FMJ went from 10p to 2p in a few months.

EVS only own a very small amount of FMJ. It must be less than 100k these days.

THX Papal

You have made your point Haystack ! why don`t you go to a thread where you actually own some shares!
DB66

Sorry. Am I spoiling the mindless ramping.

Here is an interesting post from the dark side.

"When 700,000 is mentioned as the top tier to reach 20% commission, you need to realise it is 700,000 revenue. AFTER BT's slice, so lets say BT get 50% the actuall call revenue needed to reach 20% per month is just over 1 million pounds of call costs per month.

A good agent should be able to generate 1000 call time per month 500 of revenue 10% of that he receives 50 per month, or does he. If the small print is read a dealer must make at least 100 per month to receive any commission, hence the reason no one has been paid.

The test for CCR will be when a large business uses the system and recommends it. So far since its start in April not one large business is using the system, there must be reasons for this. I would guess the product is too complicated added to poor commission levels and no contractual safeguards.

I have been a dealer since May, like everyone else I have had no payment."

Yes Haystack and that was a new poster today named CCRdealer who just so happened to now share this fact or fiction and all the derampers jump on it.

Grow up.

Back to basics.

Profit coming at results after loss last year. YES
Forecast profit and earnings per share to increase this coming year. YES

That will do.

It sounds like an unhappy CCR dealer. I have always thught it was going to be a disaster.

Lol.

Remember DYOR

Good morning all.

It's funny at AFN as Haystack has changed from saying that the results will be the end of EVS to now saying they will be lukewarm.

PP Hi,

It's haystack thats lukewarm .... LOL !

Cheers,
PM

I have never said the results will be the end of EVS. You must have imagined it.

I just think the outlook is poor for them and CCR will be a waste of time.

what now?


Envesta Telecom PLC
20 September 2005


Embargoed until 0900, 20 September 2005


Envesta Telecom plc
('Envesta', 'the Company' or 'the Group')

TRADING UPDATE

In advance of the formal statement on the preliminary results for the financial
year to 30 June 2005, the Board of Envesta Telecom Plc would like to update the
market on current performance and outline changes to core strategy which stem
from current market conditions.

Strategy
In an acceleration of the strategy originally set out in March 2005, driven by
the recent market sector moves such as ebay's purchase of Skype (the VoIP
retailer) and recent trading in our core managed wholesale business; the Company
will be moving away from its concentration on the wholesale voice business into
retail, focusing on the new era of Voice over Internet Protocol and IP.

Over the last few months the Board has been in detailed discussions with a
number of significant acquisition targets that have the requisite attributes to
contribute to Envesta's focus on Retail Voice and IP Data delivery. Upon the
successful completion of these acquisitions, the new operating companies will
work together as part of the Envesta Group, moving towards using VoIP as the
chosen platform for delivering voice to end-user customers. The presentation of
Envesta's strategy to these companies has been warmly received along with
institutional interest in investing in the acquisitions.

As part of this strategy and given the continued volatility within Seven
Telecom's managed wholesale calling card business, the Board has decided to
divest the Seven Telecom operation in order to focus on its acquisition strategy
to move into the more stable retail voice and IP space.

Current Trading Update
The competitive market position in the managed wholesale part of the Seven
Telecom business has dramatically changed, with the current market leader
growing from 8% to 60% of the 495 million pre-paid card market (Source: Schema
Market Analysis 2005) in less than 6 months (Jan 05 - Jun 05). This has been
achieved by extremely aggressive pricing and cash collection.

During the second half of the last financial period, (January to June 2005), our
sales were not adversely affected, however the cash collection cycle slowed
considerably in the last quarter. The Company's actions to secure cash
collection have however adversely impacted revenues in Q1 of the 2006 financial
year and we expect this to continue. In this competitive environment where such
major changes in market share have occurred, the Board's opinion is that the
only sustainable long term protection mechanism would be to introduce a
direct interface with the end user pre-paid retail customer, hence ensuring that
cash collection is direct and greater margin is secured. Creating this
interface is not consistent with Envesta's strategy and as such the Board
believe that Seven Telecom should be divested to an acquirer who has this
capability. In preparing Seven Telecom for divestment operating costs are being
adjusted to a level consistent with the reduced revenues.

Equity Raising
In the announcement dated 28 July 2005 we outlined the need to raise working
capital for the current business. This process was put on hold while we
investigated interest in the Seven Telecom business. With the decision now to
divest Seven Telecom as part of the acceleration of our strategy, raising the
working capital is now underway.

In addition to the working capital required for the existing business the Group
will require investment capital for our future acquisition strategy. We expect
the capital raising(s) specifically for each major acquisition to take place
over the next 12 months. The Board anticipates that such acquisitions would be
financed by a combination of the issue of vendor shares and equity cash placing.

- Ends -

For further information please contact:

Clemmie Carr
Tavistock Communications
Tel: 020 7920 3150

ccarr@tavistock.co.uk

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

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

Headquartered in London, Envesta Telecom Plc 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, 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