peteark
- 24 May 2005 13:03
.
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
Paulo2
- 28 Jul 2005 09:27
- 1008 of 1643
thats not good
hlyeo98
- 28 Jul 2005 09:35
- 1009 of 1643
This is very poor news considering its potential. It has been over-hyped.
insiderinside
- 28 Jul 2005 09:54
- 1010 of 1643
I did mention in earlier posts about the cost of setting up CCR - they needed to spend on the VOIP - it was all there in the armshare write up about not believing they could muddle their way through the murky waters of VOIP.
Advans and Pete did well did they not as did the big seller.
Never mind - my last post on EVS - all the best for the future - the coming dilution may see the price well low now for the forseable future.
I am not gloating - I tried to warn you - and I feel sorry for those holding today.
Chin Up - it happens to us all sometime.
Nice to get some appreciation for being a bear and not just abuse - I only post on over ramped - over hyped - over spun stocks with a bear view - well - when you buy and sell its your own choice - and you can blame nobody else if you do not research enough into the share - DYOR !
TheYaKuZa - 28 Jul'05 - 09:45 - 14221 of 14223
IInside..... hope people will realise why forum needs both BEARS as well as bulls.
Rampers (they know who they are) on here who were mocking the likes of you can hang their heads in shame.
Haystack
- 28 Jul 2005 10:09
- 1011 of 1643
What about this bit? It makes no sense at all unless their margins are shrinking. The comment "volatile sector" is what is significant.
"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."
gordon geko
- 28 Jul 2005 12:30
- 1012 of 1643
mkt reacted to this like profits warning this looks like its recoverable and results will be good so cheap at this price IMHO
capetown
- 28 Jul 2005 12:42
- 1013 of 1643
GORDON,would you hold?
gordon geko
- 28 Jul 2005 13:08
- 1014 of 1643
got no choice as paid wrong side of 6p
short term could pick up from this level mk cap only 9m downside fairly limited worry is may be rights issue are the corner which might be deeply discounted results due end of september so might pick up towards them.
hlyeo98
- 28 Jul 2005 13:55
- 1015 of 1643
below 2.7p ...maybe a BUY
capetown
- 28 Jul 2005 14:09
- 1016 of 1643
Sane here gordon so i am going to stick with it.
Thx.
No more trading for me for a year or two.