,

I don't subscribe to scsw, so have only seen headline (EDD expects results ahead of expectations) scsw must have a large following with nearly 400k transactions today.

When you look at the chart for the last year, EDD have performed very well against a volatile market. It has kept consistantly above the 200 ema line, and bounced higher off it each time. Last two days have been very strong with good volume, could be another bull channel forming.

Still very cheap for the growth on offer, the 2008 peg is only 0.4, and the 2009 peg is 0.58 that is without any upgrades.

This is the only small cap growth share I have held onto since the start of this bear market, and won't be parting with any for a while yet.

Interims due 5 June.

Spitfire43.... thanks for the info and comments..

I totally agree with you.. it all looks good and I also picked up some more this morning...should be an interesting month or two coming up ?

Recently I had thought about topping up my holding rather than bothering with any other company. But I already hold a large amount in percentage terms, but it is still very tempting.

Picked up a few more this morning...

Looking forward to excellent results next week.

Yep..looking good...EDD like a coiled spring ready to continue it's upward momentum. However, as always, caution may be the word in the current market backdrop...it may take a couple of more very good qtrly trading statements (like last yr) to get this share really motoring ! (imho)

halifax - didn't realize you followed EDD, lets hope it does as well for us as BNH, a takeover would be a nice bonus at some time. But happy to hold this one for strong organic growth. The only mistake I made with BNH was to take some profit on the way up, I would only look to take any profits over 80p with EDD.

Good luck............

spitfire43 have been in EDD for a while now and very pleased with the steady increase in the sp. This is as you know is not a "shooting star" but will probably double over the next year with positive newsflow.

Me no understand!! this should be going up-not down !
Is this a tree shake before the results tomorrow ? or is not so good news due afterall ?

There's no real volume so don't worry about it , lets just wait and see.

Grim isn't it ? doesn't bode well for the morning. no strength in the sp at all.
Gotta feeling this'll tank a bit unless the results are cosmic !

Excellent results , will carry on holding.

Yes, very good. can't see anything in them that would've justified the recent drop in the sp...
I now expect that there may be a drift on the sp over the summer but will strengthen towards/at the full results in 6 months time so will hold for the time being being... they should get some decent press as well!

pleased with results, as they state profits are weighted to second half. Happy to hold these upto 80p area, when smallcaps come back in favour these should be to the forefront.

Good to see Brewin Dolphin restate it's buy rating and increase forecast for 2008/2009 on 5th June.

2008 = profit 3.2m and EPS 5.4p

2009 = profit 3.6m and EPS 6p

sounds good! bring it on!

how did 2007 finish up ?

sorry for the delay

2007, PBIT = 2.2m and EPS = 4.1p - EPS is tax paid 9% due to deferred tax.

The forecast before 2007 results were PBIT = 2.01m and EPS = 3.45p. As you can see EDD beat the forecast by a considerable margin, and I can see no reason why this should not happen again.

Have noticed large volumes in last 3 to 4 days, mostly sells but some larger buying coming in this afternoon with sp down to 37.25. Can't see any reason for the interest, has anyone any ideas.