.

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.

haystack
you miss my point.
EVERY SHARE has the likes of you with no monetary interest. WHY?

if you are wrong you are forgotten.
if you are right you are condemded forever on the bbs as a nose rubbing, sh*t stirring arseh*le who can see the outcome but doesnt go long or short ) even though you KNOW you are right )..
do you really think you will get elevated to the dizzy height of share guru by gleefully telling punters ( a lot who may be wiped out by a bad RNS ) that you were right?
have some humanity man ( i assume ). ive been trading 15 years and seen it all. houses lost,marriages lost,money lost. ive lost 50k in a year and made 50k in a year.its fun.......but toerags like you seem to thrive on the misfortune of others.


be right by all means, but spare a thought for your fellow man ( who obviously isnt as well equipped as you to be a city high flier ).

rant over
JUST HAVE SOME HUMANITY.

Rod Hi,

Your talking to someone who only thinks of money, nothing else is of any relevance, especially other people, he probably doesn't have any friends because he shafted them all for a few quid a long time ago.

Don't waste your energy .....

Cheers,
PM

superrod
I post negative views on over ramped stocks to add an alternative view to those of the con artists who don't care about the people drawn into buying stocks that have a false valuation. I have been investing in stocks for more than 30 years. I take no pleasure in seeing a stock price collapse. I am merely providing a warning that is often unheeded by the unfortunate punters and ridiculed by the rampers.

You should direct your rants towards the rampers and spreaders of false stories who have created such large losses for many people.

I cannot see the last post, must be that squelchy thingy ....

As they say .... oh dear, how sad, never mind .... LOL !

ENVESTA TELECOM A NEW BEGINING EVS peteark Haystack Wed 21 Sep 23:01 1421 1

Papal - Can you explain this post?

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

I posted the other day that my guess was 2-8 million however I am just a member of the public who has limited knowledge of stocks and shares. You have posted this to possibly mislead others into buying, I can see no other reason.

Same story as yesterday ?

Early selling by scared P.I's

Institutions scooping up the cheap stock

Cheers,
PM

Morning paul,
Looks like it,hope we have the last laugh on this one and see 5p one day

peteark for someone who has told their story many times and said its their final post many times and for someone who can sleep easy now they have Envesta out of their life you spend a lot of time getting it back in by reading and posting here. I hold shares in EVS and you do not and you want to forget it so why do you keep coming back and putting it in your life every day when you say you want it out of your life ? If I wanted Envesta out of my life I it would be a no go area to make sure its forgotten. To answer your question in that sentance you quote it said if and estimates and that is nothing more than if's. If they got placing money and if they tidied up the cash collection problems, if that happened then what would you estimate Seven is worth ? I know that answering that question makes you go back on the many times you said its your final post but would like to know what your estimate is.

It was a good recovery play (unless you had inside info) when the Nomad puts out a new upgraded forecast on the 9th of September, but the trading update blew that away. The trading update makes the July trading statement suspect and also the trading update is suspect in my opinion. Why no mention of CCR in this trading update ? If CCR is bad they had a chance to come clean, and if CCR is good they could show some positive, so why nothing on it at all ?

Did they want a really negative trading update ? Very strange.

Hi Paul and Capetown,

Someone has to holding the stock.

Interesting times ahead for EVS methinks .... will Google be buying EVS in a year or two to compete ????

http://knowledge.wharton.upenn.edu/article/1291.cfm


eBay Calling Skype: Is It a Good Connection?

When online auctioneer eBay announced its intentions last week to buy Internet communications services provider Skype in a potential $4.1 billion deal that will consolidate three of the biggest Internet brands -- eBay, PayPal and Skype -- under one roof and eliminate e-commerce "friction," the questions began.


What, people are asking, is the rationale behind the acquisition, and isn't $4.1 billion a bit steep? After all, it takes some imagination to see how eBay's e-commerce activities -- auctions and payment systems -- will be combined with Skype, a Voice over Internet Protocol (VoIP) and PC-to-PC calling company that has signed up 54 million users globally in a little more than two years.


Under the terms of the deal, eBay will pay $2.6 billion in stock and cash plus "potential performance-based consideration" that could make the deal worth $4.1 billion over time. The acquisition of Skype is eBay's largest ever (PayPal is the second largest at $1.5 billion). With Skype, eBay gets a way to enter the voice communications business, integrate Skype with its auctions and payment systems, and deliver sales growth. Skype gets the resources to compete with rivals ranging from Google, Microsoft and Yahoo to Verizon, Vonage and SBC.


"We have evolved over the years and our goal is to grow faster than [the rate] of e-commerce," said eBay CEO Meg Whitman on a September 12 conference call with financial analysts.


While that goal sounds fine, Wharton professors are struggling to nail down the reasoning behind the deal. "I understand it from the Skype perspective," says marketing professor Xavier Dreze. "Skype gets money and more visibility. It's less clear for eBay." Business and public policy professor Gerald Faulhaber was more direct. "I don't understand it at all," he says. "I see Internet voice as a natural adjunct to IM (instant messaging). It would have made sense if Google had bought Skype, but I just don't see the synergy" in the eBay-Skype deal.


Whitman begs to differ. She sees eBay integrating Skype with its auction and payment systems to enable faster communication between buyers and sellers and allow the completion of more transactions.


Among the benefits highlighted by Whitman:


Skype is a fast-growing business that will fuel future growth for eBay properties as a stand alone business. Skype is currently adding about 150,000 users a day to its member base of 54 million in 225 countries and territories. Skype generated about $7 million in revenues in 2004, and is expected to have $60 million in revenues in 2005 and more than $200 million in 2006.

The combined networks of eBay, PayPal and Skype will cross-pollinate and create more paying users. Skype's basic service, which will remain free, will be integrated into eBay and PayPal with the possibility of additional pay services. Skype's popularity internationally will also help eBay increase its presence abroad.

Skype's video and voice communications software can be used to develop additional commissions for eBay, say through a phone lead on a real estate purchase. "Some categories don't fit with our model," says Whitman, citing new cars, travel and real estate as examples. "These markets are very interesting to us."

According to Kevin Werbach, legal studies and business ethics professor at Wharton, it would be foolish to count eBay out. "If you think eBay is a big auction house and Skype is just a phone company, then the deal doesn't make sense," he says. "Does real-time communication play a role in e-commerce? The answer is clearly yes. If that's the case, do you rely on a phone network or build a new communication platform that can be integrated with e-commerce? eBay is betting that next-generationn communications will be an important sector over the next 10 years."


Werbach acknowledges that the price tag for Skype could be viewed as high, but also notes that there "was only one VoIP company with the brand and the user adoption out there." Wharton marketing professor Barbara Kahn adds that Skype could make international transactions easier for eBay and help buyers and sellers iron out complicated transactions with real-time communications. "The argument is that the ability to talk to each other easily will help e-commerce," she says.


A Tough Sell?


Werbach predicts that eBay's acquisition of Skype will be closely watched. "Given what eBay paid, investors will expect a lot from the deal," he says. "Whitman and her team in short order will have to show some synergies." Indeed, Wall Street is closely scrutinizing the Skype acquisition. Many analysts, such as Christa Sober Quarles at Thomas Weisel Partners, note that Skype would need $1 billion in revenue with 25% operating cash flow margins to justify the price eBay paid.

Meanwhile, Quarles adds, it's not clear that Skype will hold up as a stand-alone business. "While we believe the company does have a competitive advantage by offering low-cost phone calls, we do not feel that this is a sustainable strategy to generate revenue over the long run," she writes in a research note. "For example, in the United States there are many low-cost, fixed-price phone plans from most cell phone companies, some cable providers and VoIP competitors such as Vonage."


Faulhaber agrees that Skype faces intense competition and that eBay may be overestimating the acquisitions' potential. When America Online acquired Time Warner, Faulhaber says, the deal just didn't make sense on the surface. "From a business perspective, it was a dumb merger." Likewise, he adds, the eBay and Skype deal "is an egregious example of something that doesn't make sense."

But Whitman sees no reason that having Skype in the family can't be successful. Skype is focused on one goal -- making communications easy; all the great web brands, from eBay and Yahoo to Amazon and Google, have identified a singular mission. "Focus matters," says Whitman.


For his part, Skype cofounder and CEO Niklas Zennstr says eBay provides Skype the best platform to make "talking over the Internet the most natural thing in the world." Zennstr notes that Skype's business will continue as a standalone entity and be integrated with eBay and PayPal to smooth out e-commerce delays that come with e-mail, the primary way eBay users communicate.


To understand the Skype acquisition, Werbach adds, you have to look at it from eBay's perch as an Internet giant. "It's a clash of the titans. eBay sees itself as one of the Internet's behemoths along with Google, Yahoo and Amazon. This was a preemptive strike."


Skype-fueled Commerce


The payoff from the deal -- assuming eBay is successful -- will be the ability to generate a phone call lead to land a sale. Werbach says eBay would couple contextual links -- a buyer searching for an Audi with a link to a local auto dealer, for example. That link could then launch Skype to generate a call to the auto dealer and potentially close a sale. eBay would take a commission on the phone call for the lead.


To Whitman, this "pay for call" model would help reduce "friction" in e-commerce. Say, for instance, that a buyer wanted more detail on an antique collectable or a car. With email, a response could take hours and the buyer could change her mind. With Skype, there would be instant communication to work out any concerns and cut down on the 5 million eBay email messages sent every day. "Communication is the fabric of commerce," says Whitman.


Despite her skepticism about Skype's ability to survive on its own, Quarles is receptive to the integration possibilities. "We believe that eBay's experience in advertising, e-commerce and search could be paramount in shaping Skype's future business outlook," she writes. "Specifically, we believe a lead generation model in the form of a pay-for-call model could present a compelling opportunity for Skype." She adds that Skype could increase conversion rates for sales of big ticket items such as automobiles, real estate and high-end jewelry and launch new businesses for eBay. For instance, the online auctioneer could offer financial, legal and healthcare services.


Quarles estimates that some of these services, say an eBay referral to a lawyer, could command price-per-call rates as high as $10. This capability could be integrated with a classified advertising site such as Kijiji, an international eBay site that resembles the popular Craigslist.


Yet while those possibilities are enticing, eBay's rationale for buying Skype may have a fundamental flaw, Dreze suggests. "PayPal clearly filled a hole for eBay. This deal is like eBay saying, 'Let's add the ability to talk' without asking the user base. I don't want to talk to anyone on eBay. I make my listing and want the transaction done so I don't have to worry about it." If eBay users refrain from chatting their way through transactions, Werbach speculates that Skype as a stand-alone business could fuel growth.

One big challenge for eBay will be adequately juggling its acquisitions as it tries to maintain growth. It has purchased nine companies in the last 18 months. "We believe management time and company resources could be thinned out, making execution more difficult," writes Quarles. Indeed, eBay bought Shopping.com for $634 million on August 30, just a few days before acquiring Skype.


Werbach acknowledges the challenges. For instance, Skype is a small international company that will be combined with a relatively established eBay. "Culturally, Skype is rebellious," says Werbach. "eBay is mature." That said, this merger isn't complicated like the Hewlett-Packard-Compaq combination. "Given the size of Skype, the actual integration will be easy." Indeed, integration may not even occur. Although it had a number of suitors, Skype chose eBay for the deal because of assurances that eBay would basically leave the company alone.


Despite the challenges and naysayers, the eBay and Skype integration will be interesting to watch. If eBay, PayPal and Skype users feed off each other, there could be some interesting revenue possibilities. Dreze wouldn't be surprised if eBay has a master plan that will play out, but until Whitman and her crew deliver he will reserve judgment. "I could see Skype being used for high-end auctions like they have at Sotheby's," says Dreze. "I wouldn't rule out the possibility that eBay may have another plan, but I'm still waiting. I haven't heard anything that makes me think this deal is outstanding."

Still 10% down today

i;ve emailed KJ suggest you all do but my main q was why no mention of CCR and
also sentiment await my response if not I will call him we do have power and suggest unhappyness/anger vented at company not just on bb's

Here is one to tie your brain in knots, Corporate Synergy on the trading update day of the 20th Sept reiterated the 2.0 million PBT and 0.66p EPS forecast for this year 05/06.

What is going on ?