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.

Envesta Telecom PLC
19 January 2005


Kevin Jauncey, Chairman of Envesta Telecom Plc, has today purchased 250,000
shares in Envesta Telecom plc at 3p per share, and now holds 650,000 shares
representing 0.28 per cent. of the Company.



This information is provided by RNS
The company news service from the London Stock Exchange

grevis, thanks for posting that info here, i realise there was an old EVS thread but thought it was worth highlighting them again based on todays events.
Do you currently hold any EVS? Where do you think they could go?

Cheers

Look at the market cap against the profit and turnover forecasts, it is trading on a forward P/E of 9 on the forecast profit of 750k, any surprise to the upside will bring this down. The results should also provide future forecasts or some hint and profits should be increasing as margins and turnover are moving in the right direction, hence the healthy prospect of a double whammy to the share price. Onwards and upwards, sit tight all long term holders as this is an excellent share offering real growth prospects and is making money, enough said!!!!

From UK-Analyst.com: January 19th 2005

International telephony group Envesta shares jumped 0.475p to 2.825p after the group issued a positive trading update and announced a new acquisition.

In the 6 months to December 31st, revenues should be up in excess of 70% and gross margin contribution is up more than 120%. It said this reflected the company's concentration on higher-quality and higher-value business streams.

Un-audited like-for-like comparisons show that revenue for the period was in excess of 9 million pounds compared to 5.24 million pounds last time.

The company also announced that subsidiary Seven Telecom, completed the acquisition of customer contracts from The Airtime Group, which trades in the UK as World Telecom, a subsidiary of Canisp (up 1.5p to 30p). It said the contracts acquired currently generate revenues in excess of 1 million pounds a year at significant gross margin and the expected consideration, which is payable in cash, will be in the order of 340,000 pounds, dependant on performance of the customer contracts in the first 6 months following the acquisition.

paulbrooks71: Any normal company is worth at least one years turnover. With growth stocks the skys the limit. On the former basis this stock could double in the short term and on the latter basis go much higher. Good luck!

Thanks for the info. I have recently gone into these so I'm well pleased!

LONDON (SHARECAST) - Envesta Telecom raced ahead today after the group announced it was buying some new customer contracts and said trading for the first half would show significant improvement on last year.

The telephony provider bought contracts from The Airtime Group, which currently generate revenues in excess of 1m a year. Envesta will pay about 340,000 in cash for the contracts, dependent on performance.

The company added that it has seen continued high growth particularly during Christmas and New Year, achieving record levels of revenue for December.

Kevin Jauncey, executive chairman, said, Details of our revised strategy will be outlined in our interim results in March. In the meantime the Company will continue to explore alternatives to organic growth to further build the business.
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=424752

Thanks Grevis2-this one gets better and better.

moneyplus: It certainly seems well and truly undervalued. Revenues looks set to hit around 15 million for the full year which is twice their market cap. They remind me of MXC a year ago; growing stongly, good strategy, good management, etc.

Envesta Telecom PLC
21 January 2005


ENVESTA TELECOM PLC


Envesta Telecom plc ('Envesta Telecom' or 'the Company') today announces that
the Board has granted options to Executive Chairman, Kevin Jauncey, over
5,000,000 ordinary shares in the Company. These options are vested now, and are
exercisable on or after 12th November 2006 but before 21st January 2015, and are
exercisable at a price of 2.9p per ordinary share, the closing middle market
price as at 20th January 2005.

The Board has also granted Kevin Jauncey incentive options over a further
20,000,000 ordinary shares in the Company, which will only vest if and when the
Company's share price reaches certain targets. The target share prices, number
of options vesting at those prices, and exercise prices of these options are as
follows:
Number of Shares over which
Target Share price Option exercisable Exercise price per Share

4p 5,000,000 3.4p
6p 2,500,000 5.1p
8p 2,500,000 6.8p
10p 10,000,000 8.5p

These options are exercisable two years after vesting, but in any event no later
than 20th January 2015.

From This Is Money......

Envesta Telecom: Trading for the six months to end December will show significant improvement on the same period a year previously. The company has experienced continued high growth throughout the period, in particular during Christmas and New Year, achieving record levels for December. Un-audited like-for-like comparisons show that revenue for the period was more than 9m compared with 5.24m in the same period last year. Envesta has bought The Airtime Group for around 340,000 in cash.

Thanks Grevis2. MP

Grevis2, in your opinion, can the target prices of these options be used as a useful guide as to what the Co might expect to achieve? or is it merely to act as an incentive to the directors, be it realistic or not. Your comments and thoughts would be greatly appreciated, incase you hadn't already guessed, i'm quite new to this game!

Cheers

paulbrooks71: I think it's a good indication of the company's confidence and their belief that the share price will grow. I would expect them to keep us well informed of developments to encourage the price higher. On the basis of fundamentals, the price is already cheap and does not properly reflect how well they are doing. Incidentally I've just topped up. Good luck!

Just look at the way this company is growing. If they can keep this up and options give them the incentive to do so, then that's terrific in my book. The increase in their gross margins is particularly significant.

19/01/05
Envesta sees H1 revenues up 70 pct, plans significant product launch UPDATE
AFX
LONDON (AFX) - Envesta Telecom PLC said revenues in the first half are expected to be up over 70 pct after continued high growth throughout the period, in particular during Christmas and the New Year with record levels in December.

The group also said that, in the six months to Dec 31 2004, gross margin contribution is up over 120 pct, reflecting the company's concentration on higher quality and higher value business streams.

This greater margin contribution combined with an increase in the efficiency of its specialist telephony infrastructure has resulted in the company experiencing significant net profit growth, as operating costs have not increased in line with revenues.

Unaudited like-for-like comparisons show that revenue for the period was in
excess of 9 mln stg compared to 5.24 mln for the same period last year.

Envesta Telecom PLC
28 September 2004
ENVESTA TELECOM PLC
PRELIMINARY RESULTS
Envesta Telecom plc ('Envesta' or the 'Company'), the alternative telephony
provider, announces preliminary results for the year ended 30 June 2004.
Key Financials
- Turnover up 14% to 12.4 million (2003: 10.8 million).
- Turnover increased by 36% in second half of year compared to first
half.
- Gross margins up to 20% in second half of year and maintained in the
current year.
- Gross Profit 2.2 million (2003: 2.1 million)
- Net Funds increased 56% to 0.75 million (2003:0.48 million)
- Formation of Corporate Service to ensure maximum usage of Envesta
switching and routing services
- Eurotel Exchange has established new trading relationships in Italy,
Portugal and Spain.
- Employment of Voice Over Internet Protocol ('VOIP') technology increasing
margins.

Support seems to be on the increase. A lot of blue is appearing. Should get a tick up around 2.00PM I reckon.

big drop today - 2.675p now

Corporate Synergy & Seymour Pierce have issued predictions for EVS forthcoming results.

Corporate Synergy' were issued on 14/01/05 and Seymour's on 20/01/05. The consensus is for net profits of 760K this year, rising to 1.62 million in 2006, giving prospective PEs of 9.41 in 2005 and 4.95 in 2006.

21st January 2005
Envesta Telecom PLC

Detailed Broker Forecasts
Date Rec Pretax Eps Dps Pretax Eps Dps

Corporate Synergy
14-Jan-05 0.75 0.33

Seymour Pierce
20-Jan-05 BUY 0.77 + 0.24 + - 1.62 + 0.54 + -

Consensus 0.76 0.28 - 1.62 0.54 -
1M change +0.01 +0.00 +0.32 +0.14
3M change +0.01 +0.05 +0.32 +0.15

Max online buy is currently 100K with Barclays. Can sell 250K with ease.

From Hemscott: All very positive!

Envesta Telecom PLC
Outlook

(19/01/05) ANN: ch - "...the company will continue to explore alternatives to organic growth to further build the business"

(07/12/04) ANN: ce - "I am delighted to announce that recent performance has more than met our expectations"

(11/11/04) ANN: ch - "Lyndon has made a huge contribution in turning around Envesta and i am looking forward to applying my industry experience and working with the management team in implementing the exciting growth opportunities Envest has"

(28/09/04) Prelim Report: ch - "We are now looking forward with confidence to continuing our programme of growing top line revenues to enhance overall margins and increase capacity utilisation"

(27/09/04) Annual Report: ch - "Your board expects positive contributions from all divisions during this financial period and believes Envesta Telecom PLC is now better placed than at any time in its history to deliver strong growth"

21st January 2005