i was wondering if anyone out there had any strong views? this company appears to be delivering and has just turned EBITA positive after a great trading statement last week. seems like upside to +200p once results are out.

any comments or thoughts would be appreciated.

Well I would say that the sp has risen quite significantly over the last few months. Surely it depends on the timescale that you are looking for a return over. The rise in the sp looks good to me, as do the prospects over the coming months. But that's just my opnion.

i hope you are right!!?

thx for the chart. the encouraging thing is that there is a bit of selling around and they are kind of holding up...maybe a support level lower down.

Maybe a bit of sideways trading for a while? Found this article, not sure if the Easynet they mention is to do with ESY. Had a look on the website but couldn't find anything.

Saudi Telecom launches Easynet service

26/01/2005 by Parthajit



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Saudi Telecom recently launched its Easynet service, which is reported to have simplified the process of connecting to the internet.

Easynet allows KSA users with a telephone landline to connect to the internet, using any ISP. In the past would-be surfers in the Kingdom who wanted to get online had to first purchase an internet card from their preferred ISP, before setting up an account on their PC with the proxy and port addresses, and the relevant connecting number.

The launch has made the process less cumbersome as users can now reconfigure their PC settings and change the connecting number to that of the ISP they wish to use.
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http://www.digitalmediaasia.com/default.asp?ArticleID=5625

big volume going through. any thoughts?

Not really sure Prop. If the 2 T trades were sells that have been completed then I would have thought that we would have dropped a bit. Maybe they are buys.

The trade of 674517 at 105p does look like a pretty odd amount though.

i know, that is why i am not so sure about them. gut tells me one is a buy and one is a sell.

ticked up 0.5p so lets wait and see.

Another largish delayed trade just went through at 104, again for an odd number. Wouldn't have thought they'd have got 104 to sell today.

220k T trade at 105 just showed up.

Found this:

-- EasyNet, a leading pan-European broadband networking company selected mPhase's core Intelligent POTS Splitter Solution (iPOTS1) for deployment. iPOTS1 provides the critical access that broadband network operators need to automatically test and maintain network quality.

Full artcile here:

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050131005829&newsLang=en

well spotted. with the "sells" and MM trades, i smell a buyer about. i call these up 5 by the end of the day.

slowly but surely moving ahead. now up 2.5p

vwap buy just went through which explains the MM trade this morning of 100/-..obviously someone taking a punt at lifting 1.6p out of the trade.

5p up by the close would be a nice rise, but then again, 2.5 is not too shabby either.

agreed. just an early morning observation but i think there is a bit more to squeeze out by the end of the day. just wierd trades going through that kind of signal a large buyer in the background calling these up.

for what its worth if we have another up day tomorrow we should see mid teens by next week. results at the end of the moth, early March.

If I remember correctly, there's been weird trades going through for a few days now, lots of T and delayed trades near the close, so your thoughts re the buyer could be correct.

This chart seems to show the recent action well and looks good for another step up perhaps.

Not really that clued up on TA, but a couple of points I've noticed. Perhaps someone with more TA knowledge could comment.

The 50ma crossing the 200ma, is that not meant to be a bullish sign, golden cross?

Also, since July last year, does the chart indicate a cup and handle pattern, also meant to be bullish?

Perhaps I'm just talking garbage (more than likely)!

all makes sense to me. some blurp to show that you are correct from

http://www.investopedia.com/terms/g/goldencross.asp

great website from the new trader to the experienced sort who needs reminding occasionally!

Golden Cross
A crossover involving a security's short-term moving average (such as 20-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level.



As long-term indicators carry more weight, the Golden Cross indicates a bull market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new support level in the rising market.

Technicians might see this cross as a sign that the market has turned in favor of the stock.

It is indeed a very good site for all.

Link to the cup and handle part.



"A pattern on bar charts resembling a cup with a handle. The cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern has low trading volume. It can be as short as seven weeks and as long as 65 weeks."