peteark
- 24 May 2005 13:03
.
Ed Straker
- 25 Jul 2005 10:45
- 988 of 1643
guru11, what browser are you using. If you're using IE, try Firefox, Opera or Safari (Mac) instead.
Ling
- 25 Jul 2005 17:15
- 989 of 1643
It would seem that someone thinks I am Mufmitz! The ADV FN thread is very long and I have only read a few of his posts. It would seem that he is a holder of EVS but has tried to get all posters to see sense about EVS. I see no harm in that - his chart reading was quite accurate.
annbar
- 25 Jul 2005 21:27
- 990 of 1643
Lol!
guru11
- 25 Jul 2005 22:14
- 991 of 1643
Ed Straker - thanks for the advice. I had the same problem a while ago. I am not sure what happened but I was able to get in. Then I lost my line connection to the internet and now in, have the same problem. At work absolutely no problem. No problem with moneyam though - strange.
Sirus - I am still hopeful of the TS. The only thing that may crop up is higher set up costs for CCR, but then this would probably be a one off. In time this could be eliminated with higher CCR revenues. 8 months is a long time to March and I still maintain we could be looking at a much higher share price then. Those selling out now are loosing their bottle and will regret it.
guru11
- 26 Jul 2005 08:49
- 992 of 1643
Ed - Does appear to be a brower problem. I contacted aol help line who suggested I tried IE and it actually worked, but a bit slow though. I think the aol setting need changing somehow. Hopefully I will resolve the problem given time.
For those taking a longer term view, I believe that they will be well rewarded.
The share price at present is a bit shakey but in the past 4p has been the resistance level. We saw buyers come back in yesterday. Punters are just nervous seeing the share price go down, thinking that it could go lower. If enough punters actually think it will go lower and as a result sell out it surely will go lower, and as a futher result it will become undervalued, which it probably already is now on prospects.
As I keep saying - Does anyone actually know what is in the TS as yet. I dont believe that there is any leaks. The company I work for has 7,000 employees yet only a handful of people actually are aware of the p&l before the results come out. So is it just speculation that the recovery has not continue in the last 3 months? Is it the normal summer drift in share prices which is sending EVS lower? All will be answered in time.
insiderinside
- 26 Jul 2005 12:18
- 993 of 1643
It now appears that both Advan and Pete sold out on EVS at the last high - Advans is now saying its not looking too good short term - and Petes comment today was "your just deserts are just around the corner" - coming "bad" TS ??
Looks like it. Be careful.
insiderinside
- 26 Jul 2005 12:22
- 994 of 1643
The just deserts meaning "revenge" for those people who slagged Advan off for selling - oh dear.
REDHILL
- 26 Jul 2005 12:30
- 995 of 1643
Well thats inside information then!!!
insiderinside
- 26 Jul 2005 12:35
- 996 of 1643
Could be Red - hey - you are here too !
annbar
- 26 Jul 2005 16:27
- 997 of 1643
insiderinside -
Are you a young lady - for it's only young ladies who say hey? We noted you used it on ADVFN as well - surely the expression is old hat now!
capetown
- 27 Jul 2005 11:04
- 998 of 1643
WELCOME back EVS,lots of buying today so far,4p level resisting and buys are back,so here goes.
gordon geko
- 27 Jul 2005 11:08
- 999 of 1643
seems the buyers are back in their drovers perhaps the news on the horizon is not all bad perhaps good time to get back in or top up in my case/average down
capetown
- 27 Jul 2005 11:11
- 1000 of 1643
gordon,i think its time to wait and see?
like you am tempted to buy ,but i want to see this 5 p level reached and held.
What you think
REDHILL
- 27 Jul 2005 12:27
- 1001 of 1643
Well it seems the market makers are very sensitive to any buys or sells at the moment.
Ling
- 27 Jul 2005 16:42
- 1002 of 1643
If you are a holder of EVS then I think you should continue to hold BUT if you are thinking of buying it is not so certain. If the TS is good then buying now would be good but if the TS is bad then selling now would be good! I suspect the TS will probably be a mid way variant and be subjected to a lot of nit-picking and may not offer that much in the way of positive guidance. It is a tricky scenario.
ptholden
- 27 Jul 2005 20:25
- 1003 of 1643
'If the TS is good then buying now would be good'
= Excellent advice
'but if the TS is bad then selling now would be good!'
= Also excellent advice
Err. rocket science at its best!!
Must be Calidor (Mufmitz / Gismo), thought you were banned?
LoL :-))))
capetown
- 27 Jul 2005 21:31
- 1004 of 1643
PTHOLDEN
Thjanks for clearing that up,i could not be bothered!!
You summed it up well,the advice you were referring to.,If we all knew that we would be millionares.
Ling
- 27 Jul 2005 22:23
- 1005 of 1643
Strange people! I presume you are native born English? I am not but I can certainly use English better than yourselves. I also speak two Chinese dialects even though my education was in an English speaking school.
gordon geko
- 28 Jul 2005 09:03
- 1006 of 1643
its tommorrow or nothing for the TS ? or does no news now spell bad news ?
gordon geko
- 28 Jul 2005 09:20
- 1007 of 1643
Envesta Telecom PLC
here it is 915 odd time to release this ? good /bad ??
28 July 2005
For Immediate Release
28 July 2005
Envesta Telecom plc
TRADING UPDATE
Envesta Telecom plc ('Envesta Telecom' or the 'Company') the AIM quoted premium
international telephony provider today announces a trading update for the
financial year to 30 June 2005.
Focus within the business has been to prepare the company for the medium and
long term strategy to remove its dependency on one market. The thrust of our
strategy is to build a retail product to complement our managed wholesale
business, build or acquire a VoIP (Voice over Internet Protocol) capability
then, through acquisition, move further towards a retail offering ready for a
fully converged Voice and Data world over the next few years.
Trading
Revenue and PBT were in line with market expectations. Revenue increased by over
75% on last year, whilst absolute gross profit was more than double that of last
year. This growth, along with significant investment in the new product areas,
has however put a strain on our working capital and we will look to address this
early in the new financial year.
Existing Managed Wholesale Business
The Managed wholesale business continues to operate in a very important part of
the UK International market-place. Our current commissioned research shows that
the market for International telecoms via a pre-paid calling card remains
significant at 495 million per annum(1). While this is an important part of the
UK market it has always been and continues to be a volatile sector. Envesta
competes in this market by continually seeking new niche opportunities.
Our strategy is not to grow this business further, but use it as a foundation
from which to move deeper into retail products thus removing our reliance on
this single market.
Cheaper Call Rate progress report
Following the launch of
www.cheapercallrate,com
on 28 February 2005, the Company
now has a growing position within a UK retail market worth 460 million per
annum(1). We are particularly pleased with the level of Gross Margin achieved to
date, which is in excess of 33% and we expect the product to deliver
profitability in our current financial year.
Kevin Jauncey, Executive Chairman commented, 'I am delighted that the results
this year showed a strong return to profitability. In line with the strategy, we
continue to hold a number of acquisition discussions, which we hope to bring to
fruition in the next period. In the meantime we are well progressed in our plans
to incorporate additional VoIP capability as a vital piece in the jigsaw.'
(1) Based on current research carried out for Envesta by Schema, one of the
leading UK Telecoms analyst/consultancy organisations.
- Ends -
For further information please contact:
Simon Hudson/Clemmie Carr
Tavistock Communications
Tel: 020 7920 3150
ccarr@tavistock.co.uk
Tracy Ronan, Communications and PR Manager
Envesta Telecom Plc
Tel: 01635 817434
Mobile 07818 446911
tracy.ronan@envestatelecom.com
Kevin Jauncey, Executive Chairman
Kevin McGovern, Finance Director
Envesta Telecom Plc
Tel: 0870 767 7778
kevin.jauncey@envestatelecom.com
Kevin.mcgovern@envestatelecom.com
Notes to Editors
About Envesta Telecom Plc
Envesta Telecom plc is an AIM listed premium quality alternative telephony
provider specialising in the provision of high quality International telephony
connections through its wholly owned subsidiary Seven Telecom, with service
offerings in both the Managed Wholesale and retail market (with Cheaper Call
Rate).
Headquartered in London, Envesta owns state of the art infrastructure
interconnected with worldwide Tier One carriers such as BT and T-Systems.
Significant capital investment in Voice over Internet Protocol, ('VoIP')
technology, has expanded Envesta's technical capabilities, opening up new routes
to Africa and Asia at greater margins to the Company. This, along with some of
the most sophisticated monitoring capability in the industry, means that Seven
Telecom is able to closely monitor and control the business to achieve maximum
efficiency and effectiveness.
This information is provided by RNS
The company news service from the London Stock Exchange