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.

It seems to have been going down since the Deutsche Bank RNS

18/06/04 11:26 Holding(s) in Company RNS

It din't say if it was a buy or sell BUT it looks as if it was a SELL because the price went down.

Do you know if it was a SELL?

Trading Statement in line with expectations, it needed to exceed them to boost the price.

01/07/04 11:30 Trading Statement RNS

Continues to achieve strong revenue growth and improve
profitability, and is trading in line with expectations. This stock is now unfeasibly cheap. I've been looking at the TA this morning and it looks like a bottom at around 92p. I do agree with you proptrade, it's not for the faint hearted but serious upside at this level.

sometimes i feel like i am the only guy pounding the table with this one! cheers for your thoughts joe.

i realise that Nasdaq having a tumple effects the quality and the dross but all that will happen is that these spring back 20% on results or news.

my gut is that this will be aquired before long.

i still maintain 200p as a target and will be adding soon and taking a second mortgage at below 90p!

Cracking little company, but alto telecoms are the markets bad boys at the moment. Imho expect a lot more weakness, target 80p should hold without any more shocks within the sector.However retest of multi year low of 60p should not be ruled out has the negativity within the sector continues.

There is also the lock in period which expires in Sept which will put a drag on the shares. Notice ESY is the only AT down today even FIBS drifted into Blue.

Trouble is, Easynet will not be profitable at the pre-tax level until 2006 and this will have an effect on share price, admittedly less than 1.00 appears very cheap.

In a couple of years from now if profitability is achieved on time and the cash cushion is say 40 million, now may look an ideal time to have bought.

capa

my point exactly. if everything was assured these would be 200p+ and it is all a question of certainty. the fact remains that management in the last 7 years have consistently delivered and there is no reason to start doubting them now.

we may not get back to 2500p a share but noth of 500p over the next 2 years is possible. pick 'em while their cheap!

rgds

this is now getting so cheap it is unbelievable! no reason for the selloff on no volume.

i am adding.

BT may be down but this business is winning business from BT...ESY is benefiting from BT's fall....

keep this on your watchpages. so so overdue for a bounce

anyone have any idea about the big trades today? this stock is ON ITS WAY BACK UP!

look at the TA and the curve has now defintely formed- it is bouncing big time - I added considerably today.

this is unbelievably low
but how low can it go probably not a lot rather upward from here for at least untill the results when it might dstart falling back and follow its usual trend of good results but falling share price but for the moment i think its time to get in and big time like most of the buys today but bit concerned about big sales after hours

don't worry - more buys will come through today and the MMs are moving this one up. Set to start climbing.

i have been away for a week and kept an eye on the bounceback.

this stock will be back to 100p in no time. i am adding this week. it was a senseless fall on low volume and now that no sellers were spooked, this name will creap north.

new contract yesterday....keeping on the up, and results on sept 9th....

sizeable buys going through since the open - augers well ahead of tomorrow.

you said it. i know i am just a little bit bullish about this name but it really has HUGE potential. i await some stella numbers...

Muted response to yesterdays results, which once again delivered.

I am not holding at present but have been monitoring for a few months now, I have decided to let the market decide my entry point and will buy in at either under 80p or over 90p whichever comes first. Either way, in a few years time I am convinced these will prove to be a bargain.


capa