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.

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!

Two mighty buys at the end of trade, yet again. 1.25 million and 1.3 million. Just who is stake-building?

I've been watching this one Grevis, only put off is I don't want another Pipex, promises so much but sp never moves outside small range despite big buys.
You predict 6p+ soon, what are your longer term projections? Cheers.

Target 4p soon and then 3p

Substance behind that ragingcat?
Why would L&G buy at 5.75p?
Why would EVS prosper to yield 10p+.
Very tempted by EVS. Honest views appreciated.

Andy

This is a small company with a market cap of 9 mil. The results are out at the end of june and untill we get nearer to that date these will bounce around between a small trading range just as they are doing now. As revenues increase then so will the price but it's going to be slow. I think the company has excellent prospects and a good model and in time the price will start to retrace. If you do decide to jump in then you will need patience.

MS

AndyS

As previously stated, have this one on my watchlist. I'm afraid I have to agree with ragingcat. From a TA perspective, Support at 5.4p has been broken (just) and if another negative day tomorrow (on the cards following the DJ's performance on Friday), next stop is 4p. Volumes continue to fall, MACD remains negative, so overall further falls are likely. Perhasp 3-4p is a good entry level.

Regards
PTH

Thanks for valued analysis folks. Keeping it on my watchlist for now. Andy

Envesta Telecom PLC
25 April 2005



Envesta Telecom plc, the AIM quoted premium international telephony provider,
announces it was informed on 22 April 2005 that, as of the 15 April, the
Strathclyde Pension Fund is interested in 7,600,000 shares, representing 3.08 %
of the issued share capital. These shares are registered in the name of
Nortrust Nominees.



For further information please contact:



Simon Hudson/Clemmie Carr
Tavistock Communications
Tel: 020 7920 3150

ccarr@tavistock.co.uk

Keeping on watchlist thanks to advice from Pete and others. Support has worryingly gone depste L&G and pension funds taking significant stakes.
I will wait to see where support level turns out to be.

Any thoughts on reason for the continuing price fall on this stock,talk about VOLATILE!,i am thinking of topping up but not sure that the price will start to pick up.