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Envesta Telecom (EVS)     

paulbrooks71 - 19 Jan 2005 12:17

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.

grevis2 - 13 May 2005 16:16 - 276 of 305

Despite the nonsense from our derampers, it's hard to overlook the fact that two large Financial Institutions have taken a 3% plus stake in recent weeks and at prices well above today's closing levels. Now the CEO has given a signal that all is ship shape at EVS, so what more do you all want before taking the plunge. This company is growing and has a projected forward PE of around 6. The stock price has fallen along with the rest of the AIM market and not for any other reason. Derampers will try to convince that this stock has further to fall but they fail to provide any logical reason for their predictions. EVS will go higher sooner rather than later. This stock has a good following but there are still a few nervous holders pulling it back for the moment. Buyers are out there but as some have said, they are waiting for a sign that the bottom has been reached. The trouble is that when it does start to move ahead, the MMs will start their usual antics of restricting the flow of stock. Don't get caught out by dithering for too long. If you believe in this stock then tuck a few away before the price goes ballistic again. Good luck!

mickeyskint - 13 May 2005 16:19 - 277 of 305

Well said grevis2. I'm in and I'm staying.

MS

grevis2 - 13 May 2005 16:22 - 278 of 305

Thanks mickeyskint. We are bouncing back. Over 1.1 million shares have been bought in the last 20 minutes!

Tenereds - 13 May 2005 16:43 - 279 of 305

Hi,

Topped up again at these prices albeit only a further 15,000 shares.

Looking forward to company's trading update in June/July with much interest.

Keep in there!

grevis2 - 13 May 2005 16:44 - 280 of 305

Tenereds: Well done! Managed to get an extra 50K myself. Good day for those who are made of the right stuff.

Haystack - 13 May 2005 16:48 - 281 of 305

And the price fell again!

grevis2 - 13 May 2005 16:52 - 282 of 305

Haystack: If you flogged your Lada you might be able to afford to buy 2500 shares.

Haystack - 13 May 2005 19:37 - 283 of 305

LOL

What's a Lada?

tangle - 13 May 2005 23:34 - 284 of 305

well said grevis2, mine are tucked away very securely, just waitng for the forthcoming upturn, shouldn't be too long now ;-)

grevis2 - 14 May 2005 14:55 - 285 of 305

What Ho! I've always loved that greeting. Seems to have gone out of fashion somewhat these days. It's become reactivated in my mind since the re-run of Jeeves and Wooster on the box. Jeeves has the brains but young Bertie has the money.

Now who on this BB fits which bill I wonder. I'm sure Haystack will argue that the brains are in his court, but I very much doubt it. I would put him in Wooster's corner and suggest the brains are firmly sided with Legal & General, Strathclyde and Kevin Jauncey and many others who have actually bought into this stock.

What has been shown is that 4p has yet again proved to be the lower resistance level. Just look at the support that came in once 4p was breached on Friday. Bodes well for the coming weeks.

Just don't listen to the nonsense from the de-rampers. They have just one objective and that is to scare the unsophisticated to dump stock. The share price will recover from this level. Exactly when, is always difficult to judge. But what we know is that their brokers are forecasting a gigantic jump in profits over the next 12 months; so dont be caught out when the next surge comes.

Good luck!

Haystack - 14 May 2005 19:44 - 286 of 305

The stock closed down below the 4p support level. No one is trying to get people to dump stock at all. I am not sure what the motive would be anyway. I have no intention of buying EVS.

I am not convinced by the broker's bullish comments. House brokers comments are worth very little. How often have house brokers told people that a company was doing badly. It might be more convincing if an independant analyst made supportive comments.

It looks to me as though the MMs expect this to be down more next week, but that is just my opinion.

If you look at the TA for EVS and take some short term and long term moving averages then a 'dead cross' looks very close (short term moving averages crossing below long term moving averages). I have picked 20, 50, 100 and 200 day weighted moving averages and some of the MAs are crossing already. It looks quite soon before several more occur.

andysmith - 14 May 2005 23:38 - 287 of 305

Well, having been watching EVS since being tipped by someone not on these boards I still havn't dipped in yet. I can see two arguments here, firstly the positive comments of grevis/ms and others, L&G stumping up 1m at 5.75p and pension funds/directors buying not to mention projected growth forecasts.
On the downside, the support still isn't clear IMO and I would rather pay more and be sure. Good Luck to those in EVS.

REDHILL - 26 May 2005 10:29 - 288 of 305

Time to get in.

FLOPPYJOE - 26 May 2005 14:18 - 289 of 305

Andy,you wont be able to get in if you are not careful.The buy limit for the past 2 sessions has been 150k.Anymore big buys and you could find you are frozen out.

jimmy b - 26 May 2005 14:24 - 290 of 305

What do you mean 150 000 max your allowed to buy ?

FLOPPYJOE - 26 May 2005 14:49 - 291 of 305

Try and buy any online and that is the max that the mms will offer you.Anything above that and you will have to deal through your broker.

ptholden - 27 May 2005 19:15 - 292 of 305

Chart.aspx?Provider=EODIntra&Code=EVS&Si

Barry Harris - 28 May 2005 00:06 - 293 of 305

Haystack

"I have no intention of buying EVS."

If what you said is true why do you follow this share and bother posting.

moneyplus - 28 May 2005 01:08 - 294 of 305

Barry--wrong thread! This is for those who believe in the company-patience will pay off.

Haystack - 30 May 2005 14:26 - 295 of 305

Even the House broker Seymour Pierce only predict a share price of 6.5p for next year and house brokers tend to be over optimistic. That would indicate tat the current share price may be too high for the current year already.
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