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.

Support seems to be on the increase. A lot of blue is appearing. Should get a tick up around 2.00PM I reckon.

big drop today - 2.675p now

Corporate Synergy & Seymour Pierce have issued predictions for EVS forthcoming results.

Corporate Synergy' were issued on 14/01/05 and Seymour's on 20/01/05. The consensus is for net profits of 760K this year, rising to 1.62 million in 2006, giving prospective PEs of 9.41 in 2005 and 4.95 in 2006.

21st January 2005
Envesta Telecom PLC

Detailed Broker Forecasts
Date Rec Pretax Eps Dps Pretax Eps Dps

Corporate Synergy
14-Jan-05 0.75 0.33

Seymour Pierce
20-Jan-05 BUY 0.77 + 0.24 + - 1.62 + 0.54 + -

Consensus 0.76 0.28 - 1.62 0.54 -
1M change +0.01 +0.00 +0.32 +0.14
3M change +0.01 +0.05 +0.32 +0.15

Max online buy is currently 100K with Barclays. Can sell 250K with ease.

From Hemscott: All very positive!

Envesta Telecom PLC
Outlook

(19/01/05) ANN: ch - "...the company will continue to explore alternatives to organic growth to further build the business"

(07/12/04) ANN: ce - "I am delighted to announce that recent performance has more than met our expectations"

(11/11/04) ANN: ch - "Lyndon has made a huge contribution in turning around Envesta and i am looking forward to applying my industry experience and working with the management team in implementing the exciting growth opportunities Envest has"

(28/09/04) Prelim Report: ch - "We are now looking forward with confidence to continuing our programme of growing top line revenues to enhance overall margins and increase capacity utilisation"

(27/09/04) Annual Report: ch - "Your board expects positive contributions from all divisions during this financial period and believes Envesta Telecom PLC is now better placed than at any time in its history to deliver strong growth"

21st January 2005

Does Investa Telecom still hold 27% of Formjet? If so, then their holding is currently worth over 1 million.

Monday's Constant Gainers & Losers
MoneyAM

Formjet is 43.2% ahead at 6.625p since announcing a new product launch last week.

Grevis2, thanks for keeping the info flowing on Envesta, i agree all the news seems to be positive, i too have just topped up. As far as i can tell envesta paid 100,000 for a 27% stake in Formjet, however this was subsequently diluted to a satke of 13.75% following a pre-IPO share issue.

What do you make of the maximum buy you mentioned earlier? What does it mean in practice? Is it due to lack of liquidity?

Cheers

paulbrooks71: Thanks for clarifying Envesta's stake in Formjet. Had a feeling that it had been diluted but could not find the relevant RNS.

Just noticed someone bought 1 million EVS at 2.95p. Would be nice to see a few more of those. Good luck!

Hi guys,

Just found this thread and read all the good posts :-)

I've been a holder of these since mid December and am very pleased the way Envesta has been progressing since the appointment of Kevin Jauncy.

I agree that Envesta seems to be undervalued, maybe overlooked by most, and will top up again tomorrow.

Good luck to all,

tangle.

Tangle

I agree Envesta is undervalued. Mrkt Cap 6mill on a t/o of 15/18mill and all the recent good news in terms of profit margins etc. Suggests that the currenrt sp should have plenty of upside. Question is when will the mm's re-rate it. Product launch due in Feb and finals in March hopefully we'll see significant movement during this period.

It will be interesting to see IDN'S finals on Monday and how the market responds as they are in the same sector as EVS and of similar market size.

Like you I think I'll be topping up in EVS soon.

Cheers
Warren

Valued at 6.5m
Cash - 0.75m
Completely debt free
Limited exposure to taxman thanks to previous years losses
Record turnover and on course to meet broker forecasts of 750k profit for full year then....

in January we are told turnover is achieving new highs again
Exciting and important product launch announced for February which incidentaly comes at a very low cost to the company and the results for this exciting period in March. Can't wait for that exposure myself.

A high margin profitable 1m turnover business has also been acquired for a measly 340k and some very reputable names are appearing on the board. The Directors stand to make a serious amount of money if they can achieve 8p plus and i believe we will see more director buys before very long. They will be well rewarded but so will we if these respectable individuals simply keep the company on its current path.

I sincerely believe this share is under valued at a modest 2.85p and that a re-rating will occur within six months following further success across the expanded business. A market cap of 15m on an undemanding p/e of 15 with a turnover of 20m + come end of year results. This will still leave room for serious upside.

Easy money? The board thinks so. For thier expertise and guidance to 7 figure annual profits they want to ensure thier hardwork pays off via the share options. Great attitude with plenty of motivation and an everybody wins scenario.

Let the good times roll.....

If Seymour Pierce are right then Envesta will make 1.62 million next year which makes this stock a complete snip. Growth stocks would normally command a PE of around 20 which gives the potential of a 5 fold increase in Envesta's share price. Good luck!

From another BB:

Just a bit of info form EVS acquisition of World Telecom. As World Telecom offer the The Global Calling Card
Revenue Expected to Top $5 Billion FRAMINGHAM, Mass., July 30 /PRNewswire/ -- Since its launch in the early 1990s, the prepaid calling card market has experienced impressive double-digit annual growth, reflecting the accelerating demand for prepaid telecommunications services. IDC reports the market for prepaid calling cards will continue to expand, with revenue growing from $3.4 billion in 2000 to $5.3 billion at the end of 2005. "Although the prepaid market is still dominated by the credit challenged, ethnic minorities, and lower-income consumers, the typical prepaid calling card user is becoming less defined," said Amy Harris, analyst with IDC's Residential Telecommunications Services program. "We see more business users and colleges students purchasing prepaid calling cards as well as a growing segment of users that view prepaid cards as convenient to use and a helpful tool to control their long distance calling costs."

Top % Gainers
# EPIC Name Price Chg %

16 EVS Envesta Ord 1p 2.875 0.225 8.49

Top % Gainers

# EPIC Name Price Chg %
13 EVS Envesta Ord 1p 2.925 0.275 10.38

We've seen some strong buying this morning. Seems as though those two largish trades of 250,000 and 200,000 moved the price. Money AM is showing that they were timed at 9.53AM and 10.00AM respectively. Because of the time delay they are naturally showning as 'sells'.

Now a 250,000 'T' trade at 3.00p, plus 200,000 bought in at 10.34 and 250,000 from 10.39AM.

So far we have seen buys of 2.9 million and sells of around 600K.

News about to break do you think??

moneyplus: Well it's certainly on the cards as we've been promised a 'significant product launch' announcement this month.