Recent News :

RNS Number:4107D
Eurodis Electron PLC
28 September 2004

ANNUAL GENERAL MEETING

At the annual general meeting of Eurodis Electron PLC today, Mr Doug Rogers,
Chairman, is making the following statement:

"In recent weeks there are signs that growth in demand for electronic components
in Asia is continuing at a lower pace and this has brought global supply more
closely in line with demand. Where previously we had seen some products on
allocation - where suppliers ration supplies - lead times have mainly now
reverted to normal levels. As a result of this, we believe that inventory levels
in the global supply chain may be higher than normal, a number of distributors
are reducing their stock levels and upward pressure on prices has largely been
eliminated.

In the European market, where Eurodis operates, the underlying consumption of
electronic components has been maintained, but, during September, we have seen
customers taking advantage of reduced lead times by lowering their forward order
commitments. We are, therefore, also taking steps to reduce our inventories. We
continue to control costs tightly to improve efficiency and expect that effects
on sales due to a short term global inventory correction will be offset by lower
operating costs.

We continue to work hard on recovering market share and return the business to
profitability, though, as stated in our results announcement of 27 July 2004,
the pace of this recovery remains difficult to predict."

RNS Number:8895E
Eurodis Electron PLC
04 November 2004

4 November 2004

Eurodis Electron PLC

("Eurodis" or the "Company")

Commercial Co-operation between Eurodis and ATeG

Eurodis Electron PLC, Europe's third largest pan-European electronic component
distributor, and the Advanced Technology Group (ATeG), an alliance of Europe's
leading independent design distributors, announced today that they have signed
heads of agreement to co-operate in the European market.

Once the agreement is implemented, the ATeG companies will act as sales agents
for Eurodis, and will approach their key customers with a much expanded line
card. Similarly, Eurodis will act as sales agents for ATeG, and will introduce
ATeG's range to its customers. In each case, the sales agent will be remunerated
by way of commission on completed sales which it achieves for the other party.
This co-operation will effectively increase Eurodis' sales team by about 20%
without any material increase in fixed costs.

The intention is that, in future, key customers of Eurodis and ATeG in Germany,
Switzerland, UK and Spain will have one account manager through whom they will
be able to access the combined line cards, value added services and logistic
solutions of both organisations.

Eurodis has sales coverage in 19 European countries and ATeG strengthens that
coverage as well as bringing its range of franchised products to Germany,
Switzerland, Austria, UK, and Spain.

Eurodis and ATeG anticipate that the co-operation will enable both companies to
increase sales and net earnings by leveraging existing customer and supplier
relationships. Customers will benefit from being able to fulfil more of their
requirements through one sales contact, and suppliers will benefit from
increased sales out of existing franchised distribution channels.

06 October 2004
Eurodis Electron plc ("the Company") has been advised on 5 October 2004 that the
following directors have purchased ordinary shares in the Company on 5 October
2004, all at 1.6 pence per share:

D.E. Rogers 185,008 1,874,939
S.P. Swayne 60,630 1,095,452
M. Guffogg 60,630 109,757
W Alexander 60,630 184,383

04 November 2004
Eurodis Electron plc was today advised that Morley Fund Management Limited (a
subsidiary of Aviva plc) have a notifiable interest of 37,616,258 ordinary
shares in the Company representing 3.97% of the issued ordinary share capital.

16 July 2004
Eurodis Electron plc was today advised that Artemis Investment Management now
hold a notifiable interest in 134,268,248 ordinary shares of the company
representing 14.18% of its issued ordinary share capital.

07 June 2004
Eurodis Electron plc was today advised that Man Financial Limited have an
interest in 3,890,500 ordinary shares of the Company representing 0.41% of its
issued ordinary share capital.

08 March 2004
Eurodis Electron plc was today advised that UBS Global Asset management Life Ltd
have a notifiable interest in 31,731,230 ordinary shares in the Company
representing 3.35% of the issued ordinary share capital.

Marked up today...5.00-5.50 pence.

---Trades at 5.25 pence today are BUYS....

Hello SueHelen Glad to hear this SueHelen - I managed to regain a partial loss when they had the share offer but am still sitting on the ones which dropped for 50% - at the moment I would be happy with just getting my money back and buying more Caledon! Wishing you success (and me!)

Morning Fonty...nice to hear from you...What I do know is like Caledon these will not fall anymore but gradually move forward from now on...

Plenty of selling today at exactly 5p. In fact there has been about 800k so far sold at 5p. I think the MMs have ticked it up to help pass on stock they are taking in. This is still showing a lot of weakness and I expect it to drop further. I think there are a couple of major sellers still around.

Sorry...I don't agree...I have witnessed your shaninigans on the VTB thread here this week....

From ADVFN : With Regards to Haystack.

"It's the general tone of your posts lately that shows youre getting rattled. Why should you get so hot and bothered is beyound me. You don't even hold the stock, nor do you short it. I doubt it you trade any stock, just a sad simpleton who has nothing better to do that haunt multiple boards with the same old tripe. But if it makes you happy and contended then carry on".

Doesn't say much about his personality....

Not 'shaninigans' at all. I am just postiug my views which are very negative on VTB. I have a similar view of Eurodis (ELH). I am expecting these to fall further yet. It's OK to disagree with each other about ELH as it is also OK to post differing views. My view is that there are still big sellers around and the MMs are just playing everyone along at the moment. People may get excited because it goes up by 1/8p, but the trend is still very much down. A very high risk stock at present until there us some sing that they are trading better. I expect another cash call this year.

You're pathetic from the drivel I have seen you post this week here on VTB and your pathetic attempts to drive stocks down on advfn threads...

I have just had to use the Squelch for the first time...on you....Someone who starts posting abusive language notably on the advfn threads has no regards from myself and I would like to distance myself from that.

SueHelen
I am not attacking you and have been polite as well. Why are you attempting to attack me.

I am afraid that you have to put up with my negative sentiments regarding ELH and cannot silence my posts in that way.

I repeat that my views on ELH are very negative. They carry a huge amount of debt which has been paid down temporarily due to a recent cash call. If their profits do not increase enough then this debt will rise again as the cash runs out.

In their recent statement they admitted that they lost one franchise recently which accounts for 5% of their business.

ELH is not a stock to reckon or consider about. Don't waste time on it.

SueHelen
I can see that you clearly do not like negative posts on ELH. The most sensible answer in that case is for you to use the squelch button (something that I have never felt the need for). I have no reason to argue with you at all. I just expect to be able to post my views without personal comment.

ELH has attracted a huge number of rampers on ADVFN who try and silence any alternative view. It would be a pity if the same thing was attempted here.

I expect this to drop further soon.

Out of 2.18m shares traded so far today it looks like

A 2 x 300k rollover

911k of sells at exactly the bid (so they are pretty well certainly SELLS)

That leaves a maximum of about 660k buys and some of those may in fact be sells as well, but being generous we can call them buys.

So selling still well in evidence at present.

I expect this to be down further.

Lol, your getting quite a name haystack, do you have any positive feelings on any shares in your portfolio? Any views on Bioprogress?

I do have positive views on a number of stocks and I post on them occasionally. I still like many of the housebuilders and developers which I have bought and sold several times like BKL, WMPY, QED, PSN etc. I like ICI as a good stable business which is well run (I did financial modelling there a few years ago). I like CASH, SPS and many others.

I am not happy about BPRG at all. The ramping, volatility and lack of finacnial information makes valuing and trading it very difficult. It could go much higher or crash. It is a very high risk stock and I would avoid it apart from trading it on a technical basis very short term. I might be tempted to buy it for a few hours or a day if the market as a whole was flying.

We have reached the bottom with these...the sells were easily absorbed. Level 2 actually improved from 2 v 3 to 3 v 3 so the price was stable throughout the day....Trades at 5.2 pence were buys with the price closing at 5.00-5.50 pence.

Thanks for your view haystack.

Hi,

I agree with haystack :- I repeat that my views on ELH are very negative.

Their statement,in my opinion,is a poor attempt to make a bad company appear
good.Whether price rises/falls is merely how investors interpret the statement.
rgds aj

There were a number of fair sized sells today on ELH. I think the MMs put up the price to encourage buyers.

That makes me think that they were not confident in finding buyers for the stock. It also makes me think firstly that there are more large sells to come and that the price will be down again very soon if not tomorrow.

Today's larger sells.

250k
28k
49k
51k
100k
116k
350k
100k
250k
that's about 1.3M

plus numerous smallers ones. I think the sells were absorbed because the price was ticked up. The MMs may try the trick again, but I expect the overall direction still to be down.

I think you have made your point clear...Haystack. Even though I have got you on the Squelch....can still see your name appearing like a train that does not wish to stop at the station. Do you have to repeat your points so many times...There is no drivel on threads on moneyam...apart from on this one and VTB which you have bought with you from ADVFN.

Please leave my thread alone if you have no interest on these....