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.

So I'm now really struggling with this - the company announce positive EBITDA well ahead of analyst expectations, a positive trading statement and the price continues to ease. Can anyone explain what's happening?

a classic case of not enough analyst coverage and I would also blame the house broker. This is a great story with fab growth and fails to spark the liquidity players so seems to have fallen through the cracks.

in this type of market (when the air is seeping out) there is a general flight to quality and i have to say that this is where my money is staying.

I also still maintain that this name will be taken out at some stage by one of the big operators.

This company has insider buying, a proven track record, has always delivered on it promises, cashed up, a recent oversubscribed placement and a strong respected management team. Stick with ESY because i can really see this one spiking to 200p and beyond over the next 12 months.

after taking a tumble on lack of newsflow there has been a volume spike over the last couple of days and momentum to the upside. I have added and i see a decent return from here.

anyone else have any thoughts?

really big buyers around today...i have added even more! smells like something positive is in the air...

At last it looks like something is about to happen. Even more volume trades today. I think a bid could be in the offing.

very possibly....unusual volume and some chunky trades for this name. fingers crossed..

volume and price continue to rise. feels like a spike is imminent.

Not trying to mutlipost here BUT news out on Reuters could explain the rise and increased interest...

Britain's Colt Telecom shares rise on takeover hopes
LONDON, June 9 (Reuters) - Shares in Britain's Colt Telecom (LSE: CTM.L - news) rose more than three percent on Wednesday on persistent speculation that France Telecom (Paris: FR0000133308 - news) or Cable & Wireless (LSE: CW.L - news - msgs) might be mulling a takeover.

Dealers said talk that France Telecom might be looking at Colt Telecom, or another UK alternative carrier, has been circulating in the market for some time.

Recent talk that Britain's Cable & Wireless or France Telecom are looking at acquisitions has boosted shares in a range of alternative carriers including Colt, Kingston Communications and Easynet .

"We don't comment on market speculation," said a spokeswoman for Colt Telecom. A France Telecom spokesman declined to comment. Cable & Wireless also declined to comment.

One analyst doubted that either Cable & Wireless or France Telecom would be in a position to make a major purchase.

"It's very hard to believe that Cable & Wireless would go for a deal that would be dilutive," said the analyst, who declined to be named.

By 1051 GMT Colt Telecom's shares were among the mid-caps biggest gainers, up 3.5 percent at 88-1/2 pence, valuing the company at around 1.3 billion pounds ($2.4 billion). C&W's shares were up one percent at 131-1/4p.

In Paris France Telecom's shares were down 0.2 percent at 20.29 euros.

The analyst added that Colt Telecom did not fit with France Telecom's core business. (Additional reporting by Friedel Rother, Steve Slater and Chris Noble in Paris

This makes sense now - thanks Proptrade

moving higher again on increased volume. looking for a two day rise to see spike back to 1.20p

up 4p now...

bouncing back nicely and looks like my target on the 18 june is attainable. i cannot stress to all traders out there that this is a great stock. please read all comments on this thread to know why. t/o target is just a small reason to own this growth story.
rgds
proptrade

Proptrade

I think you must hold shares in this company.

Unless it is and Advert for Proptrade

I dont know Jan 22 2004 price about 136 now about 113. The short term charts do look promising though.

i am a holder and i am not a company or website but an ex proprietary trader from a big investment bank (hence the nickname).

i am just imparting some of my humble opinion and investing my own capital in this stock and feel that it has the possibility to trade closer to 200p than its current level.

my investment parameters centre arount stocks that have a proven track records of delivering and exceeding s/h expectations, a reliable respected management team, and a company with yoy growth. ESY fits the bill on all counts.

any other thoughts or questions i would be happy to chat

rgds
proptrade

I am impressed. But why do you have to repeat yourself so often.

to make sure the story in understood. i expect that most people don't trawl through previous posts and since ESY is off most investors radar screens i just want to make sure that my reaons for stock selection are explained.

i will stop rambling now....

rgds
proptrade