goldfinger
- 13 Jan 2006 02:42
(OFEX Listed). Warning not for widows and orphans.
Market Cap Circa 650,000, SP 10.25p.
Ashpool Telecolm as been a dog of a stock since the days of the Dot Com Era, but just lately that as all changed and the company as prudently with sound management backing, broken into profit for the year. Its biggest attraction is its VOIP Software Business, but this company is certainly not a one trick pony and boasts a big percentage share in Command TV(23.75%) which can boast shows like the X FACTOR and QUIZMANIA now showing on ITV every evening.
I would have brought this stock to the boards attention a month earlier but a stock overhang was holding the stock SP back. Today that overhang as cleared and it now creates an opportunity to buy into what I beleive will be an excelent growth story (the stock looks way undervalued and as no debt) with the added benefits of a strong Ofex market with far more liquidity due to more Market Makers.
Please Dyor. Here is the link with the OFEX board.
http://www.ofex.com/index.shtml
cheers GF.
goldfinger
- 08 Feb 2006 15:27
- 26 of 68
Moving up again, dont miss out. Annualised P/E of only 7, derd cheap.
cheers GF.
goldfinger
- 14 Feb 2006 12:06
- 27 of 68
This is a good sign...
Ashpool Telecom plc - Directors Shareholding
ASHPOOL TELECOM PLC
F1, Worth Corner
Turners Hill Road, Pound Hill
Crawley
West Sussex
RH10 7SL
Tel: 01293 885222
Fax: 01293 887111
Email: contact@ashpool-telecom.com
Website: www.ashpool-telecom.com
ASHPOOL TELECOM PLC ("THE COMPANY")
DIRECTORS SHAREHOLDING 14/02/2006
Ashpool Telecom Plc announces that it has been informed that 10,000 ordinary
shares in the Company were purchased on 13/02/2006 by Scott Fletcher at the
price of 17.5p and a further 97,500 ordinary shares at 17.4p today bringing his
total shareholding in the Company to 307,500 shares.
As a result of these purchases Scott Fletcher's total beneficial shareholding
has increased to 307,500 and his percentage ownership of the ordinary shares of
the Company is 4.5%.
The Directors of the Issuer accept responsibility for this announcement.
Contact Details:
Ashpool Telecom Plc: Chris Aitken
Tel: 01293 885222
St Helen's Capital: Barry Hocken
Tel: 020 7628 5582
Further information on the Company is available on its website, www.ashpool-
telecom.com
cheers GF.
goldfinger
- 15 Feb 2006 12:01
- 28 of 68
Moving up to new 52 week highs.
cheers GF.
goldfinger
- 16 Feb 2006 23:18
- 29 of 68
And moved up 20% today.
A lot more to come I feel.
cheers GF.
ddoc2
- 17 Feb 2006 09:55
- 30 of 68
gf
have dipped toe in water w a few, sounds promising and graph looks good. however i'm a bit blind on this one- haven't looked up an. report- what are your projected earnings and sp
goldfinger
- 17 Feb 2006 12:37
- 31 of 68
Hi ddoc, I never try to place a projected Sp or earnings on a stock, I usually leave that up to the market. (other than forecast earnings).
I went into this one for two reasons,
1. it had moved into profit for the first time after the dot com days and its main offering was voip software rather than hardware,
2. it has a big % holding in command TV, which amongst others helps the technical side in shows like the X Factor and Quizmania which by all accounts is booming.
For a more indepth look at what the Ofex experts are saying about this one, I have provided a link to their specialist site, it makes for excelent reading and research, takes about 30 secs to sign up. Cheers GF.
http://www.finfoex.com/forum/index.php
goldfinger
- 17 Feb 2006 12:40
- 32 of 68
Forgot to mention aswell, we are well up on the day at the moment, I make that around 120% gain since posting on here. Better than a kick in the teeth. I feel theres far more in it as investors catch on.
cheers GF.
ddoc2
- 17 Feb 2006 13:06
- 33 of 68
many thanks for info. i have avoided techies since fingers burnt in the post dot com crash, tho' have a small holding in Intec and in and out of tfc. however am mainly into eploratory mining stocks. chp and cey providing most joy at present.
your postings attracted me to ashpool and low Mkt cap and break out over recent month made me impulsive. downside seem to be the illiquid nature of trading and lack of news tho' i will look at your link. once again thanx for the info and updates
goldfinger
- 17 Feb 2006 23:26
- 34 of 68
No problems ddoc2.
I think we had a 25% rise today. Good start for you.
cheers GF.
ddoc2
- 20 Feb 2006 10:52
- 36 of 68
gf. very pleased w last weeks performance, presumably on back of director buying.
notice interims tend to be around mid to late april - so might top up before then if pull back. thanks for your info.
goldfinger
- 20 Feb 2006 10:58
- 37 of 68
Cheers ddoc2 dont forget aswell that Command TV have on their site posted that they have new clients in March. Just who these are remains to be seen. It could also help push the price along.
Another one thats doing very well on Ofex is Heritage Pet HEP, present price 14p broker immediate short term price 21p. I year price just short of 40p. I hold, might be worth doing a bit of research on if you are interested in fuel companys, very speculative though.
cheers GF.
goldfinger
- 20 Feb 2006 23:16
- 38 of 68
Getting some heavy volume in this one for an Ofex stock.
cheers GF.
goldfinger
- 27 Feb 2006 03:12
- 39 of 68
Mentioned in this weekends freebie from the t1ps stable, Luke heron thinks theres more to come.
cheers GF.
ddoc2
- 27 Feb 2006 08:56
- 40 of 68
i subscribe to t1ps but can't seem to find the link. how do you access the freebies?
goldfinger
- 27 Feb 2006 11:06
- 42 of 68
Time to board the Ofex Express
Says Luke Heron of WatsHot.com
It is an irony in itself, but the downside of which I don't resent. For a good many years, my name was synonymous with the OFEX market, a fact that did not do me any favours as the market hardly covered itself in glory. However, it was and remains my belief that the concept of a three-tier market in the UK is the only way forward. Historically, my support for what was at the time, a widely discredited, joke, matched bargain facility was rather similar to my own reputation. Those who spoke out in favour of OFEX won few friends. The reality now is vastly different. When Simon Brickles joined Plus Markets Group, the AIM traded owner of OFEX, he brought with him a new credibility, coupled with a determination to create a realistic alternative to AIM. Forget all that you have heard about OFEX not wanting to compete with AIM, that is hogwash. Inside of two years, it is my believe that what is now OFEX (though will most likely be called Plus) will have more constituents than AIM.
For those that wonder how an argument can be made for a three-tier market and at the same time claim that OFEX wants to compete with AIM; let me explain. The concept of a three-tier market is perfect. A low-level entry for established, but smaller, high growth companies - this entry-level market also includes junior resource stocks and other start-up businesses. Ideally, these companies will have a market capitalisation of sub 10 million pounds. The second-tier will be still be smaller and mid-sized enterprises, but have established a period of trading, profitability, institutional support and perhaps other criteria, which separate them from the entry-level companies. The top tier, currently the main market fully listed giants, the majority of whom have their shares traded via auction, or SETS (Stock Exchange electronic trading service), make up the third and final instalment of the UK list.
Originally SETS was intended just for FTSE 100 companies, but that soon changed. I headed up the desk that handled the average pricing system for large FTSE trades at the time of launch at Merrill Lynch. It was a complete disaster - not through my own doing I hasten to add. Since then, it has improved dramatically and the electronic order book that executes hundreds of trades a second has now been rolled out onto AIM. This is where the threat is for traditional market makers. With around 50 stocks now covered on AIM, the likes of Winterfloods, Teather & Greenwood, Shore Capital etc etc, are slowly but surely, having their playground taken away from them. Make no mistake, the market makers are still dominant in well over 1,000 AIM traded equities and even some fully listed companies, but there will come a time when this is not so.
It is little surprise that the automatic order-driven trading service is so successful. SETS is flexible and transparent, ensuring that every buy or sell order receives maximum exposure, resulting in a seamless and cost-effective execution - this is more than can be said for AIM itself. Order book trades in UK and Irish securities are covered by a central counterparty operated by the London Clearing House. No person-to-person broker-to-market maker contact, just buys matched against sells. The irony here is that this is precisely the way the most junior of the three-tier markets, OFEX, started out. Indeed, it is perhaps the most remarkable feature in the evolution of the financial markets, that will eventually see matched bargains for the upper tier and a market maker based facility for smaller companies. A complete reversal. The demographics of the UK markets have literally been turned on their heads in the space of just 8 years.
You may question the need to hear all of this and I apologise if this is already familiar to you - it is not my intention to patronise, however the transition at OFEX itself has been remarkable. The reason that so many brokers and market makers supported the circa 3 million fundraising by Plus Markets in September was itself a recognition that OFEX is the future for smaller companies.
There was a time when even to utter the words credibility, efficient, cost effective alongside the OFEX market, would conjure up looks of disgust. But now, the OFEX market is one which represents an almost identical regulatory structure in the terms of the protections it offers to investors, as AIM. In fact, you (as a private investor) will have no less protections offered to you as you would on AIM and shortly, the tax advantages, including SIPP eligibility, will make it even more attractive. Furthermore, with 4 market makers, 3 currently on stream and a further market maker set to go live in the next couple of months; the ease at which it is possible to buy and sell is no different to companies of a comparable market capitalisation on AIM. In fact, it is far better on OFEX than it is on AIM in many cases. When the SETS system is rolled out, companies with too few shareholders or those with little liquidity, will find themselves in a real squeeze. Like them or loathe them, market makers for smaller companies, will always be here and you can take it for granted that on OFEX, they are there to stay.
The purpose of this article is, I admit, to try and persuade those with reservations about OFEX, to consider taking a leap of faith. In time, I simply do not believe that those who like AIM the way it is now, will able to transact the kind of deals they do now, anywhere other than OFEX. I will eat a very large slice of humble pie if, come the shell company deadline on AIM; a good few AIM listed companies do not make the step to OFEX. There is no where else for them to go.
It is not just shell companies though. AIM listed constituents with a market capitalisation of sub-10 million really have no place on AIM. The costs simply do not make it worth while in the majority of cases. There will come a time when, like dominoes, AIM traded constituents will take the decision to move. It only takes one. The first companies are inevitable, as soon as it starts, I seriously think that AIM will have trouble holding on to a vast quantity of its constituents. Excuses for maintaining a senior listing will fade, as more and more realise that in many cases it is nothing more than a vanity-fuelled exercise. Some claim that the reason they are listed there is because it is the only way they could get funding. This is changing. If the investment proposition is strong enough, there is an army of institutions and wealthy individuals that would happily back an OFEX listed company. Merrill Lynch, Gartmore, SVM, Nigel Wray - the list goes on and on and includes the biggest names in the City. The ONLY reason companies go to AIM is because that is where they are directed by the broker/NOMAD as they themselves are incapable of raising money for many propositions anywhere other than AIM. This too is changing. The humble public offer is also making a welcome return.
It is time to take a leap of faith. I don't cover that many companies on OFEX at the moment, but there is a mountain of undervalued gems still waiting to be discovered. Two constituents that I follow on WatsHot, Ashpool & MyHome, have doubled in the past 12 weeks. There is more to come from both of these constituents and others too. An Indian music company, Saregama, has just seen a return to profitability. Sound Alert is showing great promise too. Techclean, a little known sub-1m market cap franchise company with just a handful of shareholders, has recently seen director share purchases and is now seeking permission to restructure the capital of the business in order to pay dividends. Again, an opportunity is clearly apparent here. There are countless others. These situations will not remain unnoticed indefinitely. There is a sea of change sweeping over the junior market - but it could leave many behind. This is a rallying cry to all those that snub OFEX. If you don't get over your own misconceptions of what OFEX is, you will miss out. It has moved from being a haven for the stupid, to a haven for the brave and now it is a haven for those with foresight. My advice is to be one of the latter, not end up looking like the former.
There are very few brokers that do not trade in OFEX shares and therefore, one can transact bargains with great ease. If your broker doesn't currently deal in OFEX, it is foolish, backward and entirely disconnected from the City. It is my contention that over the course of the next 12 months, there will be at least 100 AIM listed constituents that decide to take the step up to OFEX. I say step up, as for many, whose shares rarely trade and enjoy very little liquidity, OFEX really could be a breath of fresh air. Aside from that, the fact that a company could realistically save in excess of 100,000 per annum just switching markets and sacrificing little else, is reason enough in many cases. With European legislation also threatening listing costs, one has to question how long AIM will be financially viable for many of its constituents.
In the last 6 weeks, through the new Plus Markets trading platform, it has become possible to transact buy and sells of AIM listed companies away from the LSE. I imagine that in the next 4-6 months, Plus will merge its trading platform with OFEX. This is likely to coincide with a raft of AIM constituents joining OFEX, many of whom have seen greater liquidity in their shares via Plus, than via the their official AIM listing on the LSE. It is not a question of if, but rather when this all happens, as it surely will. When Plus and OFEX become one, when the enlarged Plus Market has AIM constituents fleeing to it in their droves, retail punters that enjoy smaller company investing will have little place to go. Don't get left behind. It is time to change, it's time to board the OFEX express.
cheers GF.
goldfinger
- 28 Feb 2006 12:42
- 43 of 68
The media industry is fragmenting and with the advent of IPTV (the convergence of Internet and TV) this represents the true gateway into adding TV to the ever richer mix of services that the industry can offer customers.
By providing consumers and businesses with interactive, multi-media applications via their IP-connected televisions, the way in which programmes are developed will change forever. Consumers will either use the platform to take part in programmes delivered to them - for example quiz shows - or simply use the technology to develop and push their own content.
Datamonitor believes that around 15 million households will be accessing IPTV services by the end of 2007, a significant increase over the 600,000 at the end of 2003.
cheers GF.
goldfinger
- 28 Feb 2006 13:42
- 44 of 68
Two big buys gone through, pushing up now.
cheers GF.