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.

The market makers must be stupid Willfagg...for absorbing all the selling yesterday and today and there's been plenty last week as well.

The company statement says everything i.e.it is a very bad company.
Faulty analysis = Buyers
Correct analysis = Sellers
Indecisive analysis = Holders

rgds aj

2.79M shares traded and almost all sells. A 1M sell announced at the end included in that figure. Something strange is going on. I can only think that there is a big seller who has 5p in mind and won't sell less than that. The MMs may put the price up tomorrow to pass the stock on unless they have a buyer who has not completed their buy yet.

Eurodis are unlikely to be bid for because most competitors are likley to be able to win business through attrition. A lot of ELH competitors have a lower cost base so they can turn the screw tighter if they wish and while they will be able to survive competitors with a higher cost base will struggle.

If you bought a portfolio of ten of these companies then two will go bust, two will fly to the moon and the rest do nothing.

I suggest positive posters analyse the company statement again and give us
ONE reason to buy.

SueHelen,
Please desist from your constant verbal attack on haystack e.g.drivel
rgds aj

I had a nose at the balance sheet and depending upon how things have gone recently I reckon the funding raised probably still is not enough to stave off possible bankruptcy. I took the last interim balance sheet and rebased a few figures. Still a lot of risk in this. If they can't turn things around quickly with a heavily dilutive 2 for 1 rights (rescue) issue then it looks pretty bleak.

Reminds me of DTC a few years ago.

ELH making a move up - results on Tuesday - some big trades today

I see very little sign of ELH 'making a move up'.


There are usually 'big trades' on ELH. The trouble is they are usually large SELLS.

Haystack, I disagree, I see some big moves. Lots of bankruptcy specialists keeping an eye on the news flow from ELH ready to make a quote to the FD.

LOL

Recent RNS :

RNS Number:8009A
Eurodis Electron PLC
13 July 2004



Eurodis Electron PLC is pleased to announce the appointment of Mr Milton Guffogg
as a Non-Executive Director of the Company with immediate effect.

Mr Guffogg, 48, was appointed to the main board of NAAFI International in March
2003 as Director of Operations. Prior to this appointment Mr Guffogg was with
Woolworths PLC for 11 years, latterly as Director of Operations, and Regional
Director with the Burton Group.

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

END
BOAGUUGPMUPCGAW

Recent RNS : Artemis bought a further 1 million pounds worth of shares.

RNS Number:9328A
Eurodis Electron PLC
16 July 2004



EURODIS ELECTRON PLC ('the Company')

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.



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

END
HOLUNAORSRRBAAR

Institutions often buy stock in the wrong companies at the wrong price. Take Emblaze. At one time they were buying at 20+.

I am still unimpressed with ELH and think it is heading for the scrapheap.

I expect the results due imminently to be dire!

ELH is still falling fast. It is hitting new all time lows day after day. The rate of fall has even increased.

Good call Haystack but I am going onto hang onto mine as I feel the company will get back on track in the future. My indication now is that these are a long term hold.

OK chaps - any one in for this one - so much for the bounce but hey it is due for one! Worth a punt - any holders out there?

I've followed only the sp on this one for a few years and punters talking about recovery stocks etc, yet their fundamental business with real customers is getting worse, - isn't it? A few months ago they stated loss-per-share was 12p but they thought recovery - - etc - - Well, strike me!...at that rate every pound you pay is turned into ashes by the company. What is the point of such an investment?
We are not talking Biotech =where there are years of development and potential Riches!
At today's price ( c. 2p) it is clear that most punters have left the party, leaving only our Pension Fund Managers to fight over control of - what? A pile of stink? Let's hope it's not their money!
The likes of Farnell and Electrocomponents seem to have the market sewn up and are enjoying sp about 100x greater - now I wonder what their loss per share is??
ELH needs new management and a new strategy IMHO. I will ask for their latest report (oh and they have a slack period when they will do the sccounts in 2005 - creating yet more confusion )- - they must have computers; or are they not programmed to accept negative numbers?
- In addition to new management, new computers as well!

recent good news flow on eurodis seems positive.i feel there will be strong upward movement soon.

i was thinking the good news flow could be a potential takeover, This was being suggested when the price was 5p so they must look incredibly cheap now although the level of loss is not very exciting.They are up againdst some sharp competitiors if they are going to be arecovery play. However it is encouraging that the directors bought in , but that was at 1.5p which was one hell of a price. I think I would have bought in at that

It would be good to hear what SH thinks. You still holding SH? xmortal