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Easynet (ESY)     

proptrade - 22 Jan 2004 11:27

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.

proptrade - 01 Feb 2005 09:52 - 285 of 602

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

proptrade - 01 Feb 2005 11:27 - 286 of 602

slowly but surely moving ahead. now up 2.5p

proptrade - 01 Feb 2005 15:08 - 287 of 602

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.

gavdfc - 01 Feb 2005 15:13 - 288 of 602

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

proptrade - 01 Feb 2005 15:21 - 289 of 602

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.

gavdfc - 01 Feb 2005 15:26 - 290 of 602

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.

graph.php?movingAverageString=20%2C50%2C

gavdfc - 01 Feb 2005 15:29 - 291 of 602

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)!

proptrade - 01 Feb 2005 15:37 - 292 of 602

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.

gavdfc - 01 Feb 2005 15:41 - 293 of 602

It is indeed a very good site for all.

Link to the cup and handle part.

cupandhandle.asp

"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."

proptrade - 01 Feb 2005 16:06 - 294 of 602

did you see the 600/- trade go through. a vwap buyer! more behind i am sure

gavdfc - 01 Feb 2005 16:09 - 295 of 602

Yep, saw it. Hopefully more to come. If this starts to move then I will probably add more through a s/bet.

proptrade - 02 Feb 2005 12:03 - 296 of 602

buyers back again

gavdfc - 02 Feb 2005 14:45 - 297 of 602

A few more interesting trades today. (Won't mention the game last night...)

proptrade - 02 Feb 2005 14:58 - 298 of 602

up 1p (and thanks!)

gavdfc - 02 Feb 2005 15:15 - 299 of 602

A break over 110 would be nice. (Last word, you should have had a penalty!)

proptrade - 02 Feb 2005 15:27 - 300 of 602

i know, i know.

gavdfc - 02 Feb 2005 21:46 - 301 of 602

Found this on the website, maybe it will cheer you up Prop! ;-) Sounds good to me.

Easynet transforms businesses across Europe with new contracts
Publication date: 02/02/2005


Easynet demonstrates continuing strength in its European markets with significant new business wins across Europe. The pan-European networking company has signed contracts with customers in its countries in the UK, Belgium, France, Spain, Germany, Italy and the Netherlands, which will use Easynets advanced IP infrastructure to transform their businesses.

Easynets customers are using its IP architecture as a solid foundation to facilitate and implement change across their businesses. They are cutting costs, securely linking remote sites, hosting advanced software applications and implementing disaster recovery strategies.

In the UK, Select Education has rolled out a network based on Easynets IP VPN MPLS network, which provides connectivity between all the companys UK sites. The solution meets its increasing bandwidth requirements and delivers significant cost savings.

Hago, a successful Netherlands' corporation in cleaning and facility services, is leveraging Easynet's IP network to upgrade its corporate communications, and Envia Telecomunicaciones and Alina Corporate Sedasolubles; Sevenday Cereals International) in Spain have selected multi-site VPNs.

In Germany, Easynet has won REpower Systems AG as a new customer - one of the leading multi-megawatt wind turbine producers in the German wind energy sector. Five REpower locations have already been connected via MPLS VPN, enabling REpower to integrate their customers wind parks nationally and internationally into their management network. A reliant network for our locations enables us to significantly accelerate our processes, said Michael Wenk, CTO of REpower.

In Belgium, Moore Response Marketing and in France, Ascott Hospitality Management have recently called on Easynet to supply the network infrastructure which underlies their businesses. Software supplier Ubitrade, also in France, approached Easynet as it needed a hosting partner it could trust to deliver huge volumes of highly sensitive data. Easynet advised a secure, encoded virtual private network with disaster recovery options, transforming Ubitrades business and placing it ahead of its legacy-reliant competitors.

Andrew Hobbs, business development director of Ubitrade, said: Ubitrade chose Easynet because it offers a high degree of security from the physical perspective right down to its network and telecommunications offerings.

David Rowe, CEO, Easynet, said: Our customers across Europe are identifying areas of their network strategy which are fundamental to the success of business transformation such as improved functionality, stringent Service Level Guarantees and enterprise-class security.

gavdfc - 02 Feb 2005 21:49 - 302 of 602

And this:

By Tim Richardson
Published Wednesday 2nd February 2005 13:31 GMT
UK Online, a division of Easynet, has launched a 2Mb service. The Broadband 2000 package costs 29.99 a month and comes with a free modem and connection. Oh, and there are no usage limits either, apparently.

Said UK Online general manager Chris Stening: "Broadband 2000 answers the demand for extra speed from customers who share their broadband with other members of the family, or are frequent downloaders, and often find that 512K or 1Mbps broadband is not enough."

Yesterday, Madasafish - the ISP that had its "Oi, Churchill, nooooooooo! TV" ad banned - wheeled out a capped 2Mb service for 17.99 a month.




http://www.theregister.co.uk/2005/02/02/uk_online_2mb/

proptrade - 03 Feb 2005 10:36 - 303 of 602

Thanks for the posts. still buyers about and up 1p today. breakout above 110p over the next few days and a run until results. i think these buyers must be huge because stock feels well underpinned.

gavdfc - 03 Feb 2005 14:17 - 304 of 602

Up another 1.5 today. You got your 5p rise over the last few days Prop, which is good to see. Every little helps, as Tesco say! Seems to be breaking upwards so a nice surge through Feb would be nice.
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