.

PP Hi,

Why don't you e-mail HQ and ask them to clarify some points for you ?

While your there, you could ask them what I was going to(later from work !), and that is 'when will the results be published'

enquiries@envestatelecom.com

Cheers,
PM

EVS currently marked up 10%

1.5 bid
1.65 mid
1.8 ask

Cheers,
PM

Pm...the company is giving condradicting information

Down 16% this am to 1.25p...huge SELL on poor management

Morning all,
I wonder what the man from LEGAL and GENERAL is thinking?

maybee we should direct our anger at the company and start asking KJ some probing questions he doesnt hide his email address I will start today with a credibilty question

kevin.jauncey@envestatelecom.com

gg,i tried already,but the mail comes back,service not available,please let me know if you have any luck

fingers crossed, looks like the bounce is on.

That didn't last long.

funny
the offer is up 0.1p since i posted and online selling price has also improved.

i dont post that often, but am always amazed that every thread has its resident "haystack".

fire enough bullets and you will eventually hit something, then assume the mantle of crackshot.......or should it be "crackpot"?

the only thing worse than a sore loser is a sore winner. how you guys get your rocks off by enjoying the downfall of others is, and always will be, beyond me.

There is no bounce. The MMs have taken in a huge amout of stock and need to pass it on. They will jack up the price to encourage some buyers, but the trend is down.

Rampers have taken people for a ride and cost many people a lot money. Sometimes it may pay to listen the opposite view. I have posted my reasons for not liking EVS several times and just got shouted down for it.

This collapse was always going to happen. You just need to look closer at companies' business models.

It would also be a good idea to ignore house brokers' estimates.

online selling price for 100k now gone from 1.4p to 1.43p. couldnt get a quote at all for 100k sell first thing.

Rod Hi,

As I said, the MM's were buying yesterday at 1.8 to 1.5, 4mm in total, so there's no way they would let it drop forever. Did they buy more today, I haven't looked through the trades yet, but I wouldn't mind betting they did.

Back to 2.5p soon, that is still fair value for this stock. I know it, and so do the MM's, and when the Insti's have had their fill (now ?) the price wil be pushed up.

Cheers,
PM

There were also plenty of buys yesterday. I doubt that the MMs are holding that many EVS shares in total now. I can't see this rising for any good reason. It may be up slightly due to some MM action and a bit of vain hope temporarily. Anyhting above 2p would be silly.

You were right Haystack,i just hope you don`t stay on here to rub peoples noses in it.
I do respect Papal as a poster and have seen many of his tips come good but we have been sold down the river by the earlier trading statement that Envesta issued.
I am going to hold and hopefully recover my paper loss in time.
DB66

Been away most of the day and still confusion is king here. I am sorry for being so positive on this one as that new update was out of the blue and very smelly I think. It will need a very clear results statement to make this move as CCR was not mentioned in the latest trading update and this is the retail side they were looking to get 10 million growth from this year. They did make a new statement on the trading update to show who owns what in the last section. The main thing now is if they can get some money (placing) they can tidy up and divest Seven for anywhere from 2 million to 8 million is the estimates. Are they keeping the retail side CCR ? Will they bolt on by acquisition a replacement for Seven after divesting it ? I think a placing is for sure but there are certain things that if clarified properly could give a good end to this, but after the changes between the trading statements I will take anything they say with a pinch of salt, so holding on.

This is the latest company description from the trading update

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.


If they get a placing done at a low price and then say (which they forgot to mention in the trading update) that CCR the retail side is doing very well from the 1st of July, then it will stink of a deliberate push down and then up. Needs some large questions answered and then it could be good or worse, its all up jumbled up now.

They said they would not grow the wholesale side and that was nearly all their revenue last year but then they also said (well their NOMAD did) they would grow retail this year saying CCR would be profitable this current year. They have failed to let anyone know in this trading update how CCR the retail side is doing and concentrated only on the wholesale calling card side problems ? Why not mention any positive points so is their none or was that hidden for the benefit of the placing price after the placing is done ?

Corporate Synergy said revenue up from 22 to 32 million and this was not from calling card so they have estimated 10 million from retail and they (EVS) say margin is over 33% on this so the main thing is what is happening with CCR and how is it doing, as IF it is doing well then they will get money from a placing (L+G at 1.5p or 2p ?). Still asking the question of why CCR was missing off of this update as that is the major key to their retail future.

I want to hold so if there is another major difference from trading update to prelim announcement as there has been from trading statement to trading update (like telling us how CCR has been from the 1st of July) then I can be a very pissed off shareholder and not a pissed off ex shareholder. Not mentioning CCR in the update then with a placing done at results and then talking about it is not on.

They are clever bstards and can hide behind the trading statement and say the trading update did not mention CCR as that was covered in the trading statement and nothing has changed (performing well). The lack of clarity there lets an instituion take a load of cheap shares at a placing while everyone panics and then we hear CCR is still doing very well as they said in the trading statement ? The update was to talk of changes so they can hide behind no change on CCR the retail side so no need to update on that and it continues well ? Watching developments as a peeved holder.

DB66 on a dark day the bright light was the directors of OSH purchased 1.5 million shares with their own money yesterday. That one is looking better and they have very decent management with Stephen Lambert at the helm.

PP Hi,

I think Seven wiill be sold for a tidy sum, then they will buy an RSP as per the origional business plan on the website, and the price will be 5p+ in a couple of months. Don't forget they have been looking at buying an RSP for a long time, and they could already be doing the due dilligence on several possible aquisitions, so it's not a long term plan for that part of the business, but other types of aquisition may well come along over the next 12 months, hence the statement about raising cash 'over the next 12 months'.

From reading both trading statements, I think they are doing exactly what they said they would do, cut down on the wholesale business, and concentrate on the better cash flow and growth of the retail business, including CCR.

I see them selling Seven, and buying other business that will add to the 'complete solution', and there will be extra growth from cross selling, as well as the current excellent organic growth from retail. The last trading statement says that institutions are willing to invest in the aquisitions, and you can't get a more upbeat recommendation than that. If the future of Envesta is good enough for institutions, it's good enough for me !

I have 575,000 shares, at an average of 1.58p, and I hope to get 10p minmum for them, once Seven is sold, and they have made some aquisitions, and the market can then see that EVS is going to do very well, without the burden that has been the wholesale trade.

Cheers,
PM

Hi Paul,

A positive mind ! Glass half full.

I think it can get better thats why holding and looking for profit but cannot say I am impressed with the hiccup at the moment. I agree the wholesale was the burden and now they are getting rid of it and concentrating on retail and the VOIP which is the way to go to make money and get paid it with no long delays.