.

It looks more likely the next move will be south again. It is now 4 days in a row that it has fallen.

I'll give that a go, just Dublin this time for me.

I'm in Leeds most of next week, I wonder what impact that will have ! :-)

Why does this dipstick keep posting such nonsense. Their brokers have knowledge of the company that Hay and his wife do not.

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)

On Barclays Stockbrokers website EVS is rated a strong buy!

Seymour Pierce are the house brokers and can be expected to support their clients.

Very few people apart from the congenitially gullible believe house brokers' notes.

How many times have you seen a house broker say sell? Many companies have gone bust not long after bullish house brokers' notes.

And where did Barclays get their information from? Was it Seymour Pierce?

House broker "Expects further acquisitions "soon." Has 6.5p target"

The important bit is

"House broker".

For "House broker" read "please ignore".

When EVS acquired 75% of Seven their share price remained flat and then fell a bit. When they bought the remaining 25% their share price dropped and rapidly halved in price.

Still driving your Lada are we?

What is a Lada? Is it a car?

Haystack - 13 Jun'05 - 14:07 - 723 of 727 (Filtered)

Haystack - 13 Jun'05 - 14:08 - 724 of 727 (Filtered)

Haystack - 13 Jun'05 - 14:10 - 726 of 727 (Filtered

Haystack - 13 Jun'05 - 14:12 - 727 of 727 (Filtered)

I do hope this is what everybody else sees!!!!

Haystack - 13 Jun'05 - 14:07 - 723 of 727 (Filtered)

Haystack - 13 Jun'05 - 14:08 - 724 of 727 (Filtered)

Haystack - 13 Jun'05 - 14:10 - 726 of 727 (Filtered

Haystack - 13 Jun'05 - 14:12 - 727 of 727 (Filtered)

Haystack - 13 Jun'05 - 14:13 - 729 of 730 (Filtered)


But of course!!

Haystack - 13 Jun'05 - 14:07 - 723 of 727 (Filtered)

Haystack - 13 Jun'05 - 14:08 - 724 of 727 (Filtered)

Haystack - 13 Jun'05 - 14:10 - 726 of 727 (Filtered

Haystack - 13 Jun'05 - 14:12 - 727 of 727 (Filtered)

Haystack - 13 Jun'05 - 14:13 - 729 of 730 (Filtered)

Ah, music to my eyes!

How often does one keep poking themselves in the eye before realising it is a waste of time and hurts a lot?

It could be a buy if it went a lot lower. There is not enough upside at the moment. Even an over bullish house broker is only talking about 6.5p and that probably only equates to 5p in the real world.

If it drops to 3p it could be a good short term punt. I am less optimistic about EVS in the long term. Cut price calling companies are ten a penny and they are all finding life tougher all the time. There is too much capcity in the matket and the prime telecom carriers will squash them at some point.

Haystack: What on earth are you talking about!

The price dropped 4% today. There was a 2 x 100k rollover trades and a few late declared trades that look like buys, but were more likely sells. Overall I would say that the balance was in favour of the SELLS today and the price dropped as well.

My guess tomorrow will be similar but a bit worse as far as the fall is concerned.

Grevis thats not talking thats a duck farting.

Grevis, can you try and abide by the 'two-liner' above and not respond to him.

It will be the only way we can preserve at least one thread for more sensible discussion.

It is working well so far and as he is only probably pasting the same rubbish he does on the other side anyway, filtering does save an awful lot of space!!!!

Cheers

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