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.

Where is this strong rumour from?? Is it likely to be a tip?
I am very interested in EVS, but I was also interested in PXC and got out after several boring months with <1% profit!!! Now I'd be in a loss.
I think prospects for EVS much better but would appreciate a reasoned view considering large number of sells today. Thanks to anyone prepared to answer.

It may be just a mention of the good results, or it could be more.

Could drift further today i suppose, but strong support around 5p imo.

Thanks, I'm tempted to wait a little while and see but 5p does seem the support with for some reason resistance above 5.5p? Can't see why when recently above 6p though. Might get in later today or tomorrow.

IC tip EVS as a good value to buy, worth have a look.

ENVESTA TELECOM (EVS)

Envesta is making profits for the first time since it floated on Aim in 1999. It's also taken on board its first big...

swseun, thanks, wish I'd followed my instincts earlier in the week at 5.25p but at the start of the week I was prepared to pay 6p so if I'm lucky I might still get in for around 5.7p!!

Last friday, the margin is 5.6% (quite large), buying @5.85. But I would anyway get in if still @5.85 on monday morning, even I am worrying MM is playing the spread. For long term, I am confident it would up over 6-7p. Wish I am right. Of course, if you read advfn, some got other opinions, worth to read.

I don't read advfn, can you summarise opinions? Thanks

Great little company and growing fast but I think we won't see much upside until the autumn. The share gurus seem to think all will be quiet in the market until September---unless some good RNS come out of course. Hold and accumulate IMHO.

Any views/opinions for the fall.

MS

I don't know MS, havn't got in yet - seems to do a Pipex to me, has it's rises above 6p and falls back to 5.5p. I'm still tempted by low forward PE and growth potential but don't want another PXC in my portfolio so still watching for now.

Morning all. It's interesting to note those who have been paying the full offer of 5.5p this morning. Barclays are quoting a very close spread with bid/offer of 5.35p/5.38p and has been at this level for quite some time. My indicators are that we should start to breakout in the next couple of days, so decided to take advantage of he current price to buy a further tranch at 5.38p. Good luck!

Just checked the spreads with Barclays. They are now strengthening. Bid/offer is now 5.40p/5.45p.

Interested in the potential of this one, but having had a look at the TA, can't make my mind up which way it is going to go!

Ho Hum

Regards

PTH

It has very good potential - EVS is going up

Hyleo

I do not for one moment disagree that there is significant potential. However, when posting 203/204 I had not realised that EVS had been a beneficiary of a Shares Mag tip. Certainly in the short term, such tips do tend to distort the picture somewhat. I can't help wondering if the SP has got ahead of itself at the moment. From a TA perspective, Volumes are down, RSI is far from conclusive and the MACD is currently negative. I believe a 'Hold' at present. However, I will put on my Watchlist and wait and see. Anyway. what do I know, will probably take off again this week!! LoL

Regards

PTH

Seems as though our big buyer is in early today.

Someone just bought 1.75 million!

Morning all. Good to see we are in positive territory again this morning.

The MMs certainly seem happy to absorb any sells that are coming their way. I think that big buyer is still in the market, hence why this stock is steady as a rock at present. The bid/offer performed the same strange act as yesterday when the bid went ahead of the offer for a short time. My indicators show a rise back above 6p by the 15th and on this basis I topped up again this morning. Keep smiling!

I'm not surprised to find this stock holding steady. EVS shares have performed as expected. They peaked just ahead of the Ides of March, which is the signal for the end of tax year sell off. Such falls tend to unnerve a few folk and hence the sell off tends to run into mid April before turning up again. You only have to look at the rest of the small cap market to see that this has happened across the board. Barring accidents and unforeseen events, I believe the next move forward is only days away. From the big buys we've seen in recent days, someone evidently agrees with me. Good luck!