Have a look at todays news threads for EVS, great first half results, important acquisition announced, more exciting news promised in February. Up 25% so far today.

Good time to top up on weakness.

I agree, should get in b4 it's too late. It may close in blue.

buying price up to 6p again, picking up!!!

Where's this going anyone.

MS

Has anyone any thoughts on this company today as there have been over 6M trades so far this morning with current range 5.3/5.4?

SP back on the way up with 3.1m buys to .674m sells so far today.
Spread now 5.6/5.9. 6p by end of day?

Sorry pressed wrong key- spread 5.5p/5.9p

apparently the advertising campaign is kicking off big time. This is a small company trying to become a lot bigger a lot faster, apparently the adverts are some what thought provoking (some would say a tad politically incorrect but they are lefty tree huggers!). Anyway, good momentum upwards today, looks like the sellers have been exhausted and increased buying will push this forward next week towards results.

Does anyone have any information about the directors?

Why is there such an emphasis on Indo-asian and Afro-caribbean customers - look at the useful links section of the website.

It's great to see other than white fces in advertising, but this is verging on the patronising and could have the opposite effect - any asians or afro-carribeans out there who have a view? Or anyone else for that matter.

Results out on Wednesday 23/3/2005...This will go up. Looking cheap at 6p

Trading volume of 13.2M today with circa 3M more buys than sells. Spread 6.5p/ 6.7p.Estimated 7p tomorrow.

lets hope so Tenereds - 7p and a bit.
momentum pushing it ahead nicely
still looks cheap with good volume
should be a lot left to go
all the best
hustler

good to see in 4th place in constant
4 day gainers with a 27% rise
hope for more to come.
cheers hustler

Envesta Telecom plc ('Envesta' or the 'Company'), the alternative telephony
provider, announces interim results for the six months ended 31 December 2004.


Financial highlights:


Group turnover increased to 9,112,207 (2003: 5,241,437), up 74%

Gross profit increased to 2,030,734 (2003: 801,262) an increase of
153%

Underlying Profit before tax* 517,739 (2003: 340,338 loss)

Basic earnings per share of 0.13 pence (2003: 0.14 pence loss)

Shareholder base reduced to more appropriate size

Appointment of new Chairman, Kevin Jauncey

Launch of Cheaper Call Rate international calling service

Sparkling results and not much share movement? Hmmmmmm. Was the good news already in the price? Any thoughts on movement of the sp over the next week or so?

Yes they were sparkling, but I think it is the fear in the whole market today that is holding them back.

Cracking results and look at the price. Don't you just love the MM's.

MS

A wee bit better now.

Legal & General on board now. May they be the first of many institutional investors.


Envesta Telecom PLC
23 March 2005


For immediate release: 23 March 2005


Envesta Telecom raises 963,000 and secures first Institutional investor


Envesta Telecom plc ('Envesta Telecom' or the 'Company') the AIM quoted premium
international telephony provider today announces it has secured its first
institutional investor.


Legal & General Investment Management Ltd purchased 17,391,304 new ordinary
shares in the Company ('New Ordinary Shares') at 5.75 pence per share, providing
the company with net proceeds of 962,500 after costs. Application has been made
for admission of the New Ordinary Shares to trading on AIM and dealings are
expected to commence on 31 March 2005.


Following the issue of shares Legal & General Investment Management Ltd will own
7.04% of the enlarged share Capital of 246,981,063 ordinary shares.


Commenting on the investment, Kevin Jauncey, Chairman of Envesta Telecom Plc
stated 'I am delighted to confirm that we have secured our first institutional
investor, this is a significant milestone in the progress of the Company. The
funds will be used to finance the continuing growth of the company as set out in
the roadmap announced with the interim results. '

dont forget that this was languishing for AAAAAAAAGES around 4p, then a sharp 50% rise. my guess is that the results ( good though they were ) are priced in.