proptrade
- 16 Jan 2004 13:55
does anyone have any strong views in this name? seems like a company that has consistanly come up with the goods and having turned EBITA positive is poised to pop to 200p plus.... any thoughts would be appreciated.
proptrade
- 01 Apr 2004 10:29
- 3 of 3
webmeister, you may have also noticed that the CFO has just made his first purchase of 30,000 shares a few days ago at 131p, the non-exec added just under 5,000 shares and Deutsche Bank continue to add to their substantial holding (from the 130p offering and a few more). Thanks for your support in this one and I also added at 130p after the swiftly snapped up placement.
I have researched the service ESY offers and the fact is that if you are a business that uses the internet (who doesn't) then there is no better service available that is more reliable, faster and more cost effective. Their business is only growing and from their last results announced, yet again, huge multinational contracts were won from corporations that are switching from the incumbent suppliers (BT, France Tel etc.).
Additionally, as you pointed out, VOI will be the only way to go because the larger telcos will never be able to compete. This will leave ESY squarely in the frame to be taken over. Even without a possible T/O the shares are desperately undervalued and I still stick to my 200p+ call.