.

I think they know better than you dear boy!

From barclays stockbrokers website today. Forecasting sales of 23 million rising to 32 million next year with earnings jumping by 90%. Draw your own conclusions from that!

Forecasts
Year Ending Sales (m) Pre-tax (m) EPS P/E PEG EPS Grth. Div Yield
30-06-2005 23.00 1.10 0.30p 14.8 n/a n/a n/a 0.0%
30-06-2006 32.00 2.00 0.57p 7.8 0.1 +90% n/a 0.0%

And where did they get the info from? I would guess it was from Seymour Pierce which makes it the same as a house broker's note. Just a waste of space.

Envesta At Bargain Levels - Seymour Pierce

Monday, May 16, 2005 6:23:11 AM ET
Dow Jones Newswires



1012 GMT [Dow Jones] Seymour Pierce reiterates buy on Envesta (EVS.LN), says current fall in AIM stocks leaves shares at "bargain levels." Estimates EPS of 0.33p implying PER of 11.6x for 05, 0.62p and PER of 6.4x in 06. Believes upward revisions likely in June, post trading update as run rates imply earnings well ahead of Seymour Pierce forecasts. Forecasts assume no revenue from new "Cheaper Call Rate" product, but notes company says it is performing well. Expects further acquisitions "soon." Has 6.5p target, shares +5.7% at 4.1p. (PBA)

And who takes any notice of house brokers notes? Only the gullible.

Insiderinside

Very unlikely to update in June when they will have a better idea of year end figures in early July.More than likely to give an update re CCR at the same time.In the absence of any warning i would expect a very positive staement.

RED

And there's a nice MM buy of 100K!

I would expect more of a cautious update as the calling market is getting more difficult all the time.

Who knows best dear boy:

Seymour Pierce comment May 2005
Edison Research March 2005

Institutional shareholders :
Legal & General Investment Management Ltd (17.4m)
Strathclyde Pension Fund (7.6m)
Dunn J H ESQ (8m) 3.48%

FTSE extends gains at noon
Headline shares remained higher at noon, boosted by strong gains in blue chip oil stocks and in news and data provider Reuters, and amid expectations of a positive opening on Wall Street.

Forecasts assume no revenue from new "Cheaper Call Rate" product, but notes company says it is performing well. Expects further acquisitions "soon." Has 6.5p target,


Envesta At Bargain Levels - Seymour Pierce

Monday, May 16, 2005 6:23:11 AM ET
Dow Jones Newswires



1012 GMT [Dow Jones] Seymour Pierce reiterates buy on Envesta (EVS.LN), says current fall in AIM stocks leaves shares at "bargain levels." Estimates EPS of 0.33p implying PER of 11.6x for 05, 0.62p and PER of 6.4x in 06. Believes upward revisions likely in June, post trading update as run rates imply earnings well ahead of Seymour Pierce forecasts. Forecasts assume no revenue from new "Cheaper Call Rate" product, but notes company says it is performing well. Expects further acquisitions "soon." Has 6.5p target, shares +5.7% at 4.1p. (PBA)

Nice 300K buy at 12.09PM

Added another 125K @ 4.35p.
IG Index will not take any Long spread bets.

It would seem we can expect an RNS this month that will show "earnings well ahead of Seymour Pierce forecasts"

grevis - That is what we are all hoping for ( well almost all ).
Have you heard anything to substantiate your post ?

It was contained in this release from Seymour Pierce:

Envesta At Bargain Levels - Seymour Pierce

Monday, May 16, 2005 6:23:11 AM ET
Dow Jones Newswires



1012 GMT [Dow Jones] Seymour Pierce reiterates buy on Envesta (EVS.LN), says current fall in AIM stocks leaves shares at "bargain levels." Estimates EPS of 0.33p implying PER of 11.6x for 05, 0.62p and PER of 6.4x in 06. Believes upward revisions likely in June, post trading update as run rates imply earnings well ahead of Seymour Pierce forecasts. Forecasts assume no revenue from new "Cheaper Call Rate" product, but notes company says it is performing well. Expects further acquisitions "soon." Has 6.5p target, shares +5.7% at 4.1p. (PBA)

grevis - Thanks, Yes I have read the Seymour Pierce release , just thought you might have heard a little snippet of info. somewhere.

Institutional investors make the same sort of mistakes that ordinary mortals do. How many times have institutions lost all their money on a stock. Thay allow a certain proportion for high risk ventures. When they buy it may mean very littl. It can be just a balancing operation to add some more high risk stocks.

The Seymour Pierce note is just the house broker supporting their client.

How often do house brokers say SELL?

House broker statements are often ignored for good reasons. It is a sort of marketing hype.

It will be quite an achievement if we get into the top 100 on the Alexa Rankings as this will indicate the huge amount of hits to the Website. There is no doubt of the interest being shown in CCR and I am more than confident we will be way ahead of predictions!!!

advan and all this before any major advertising once that starts who know where CCR will be