A recent aquisition for Intelliplus Group plc and new contracts for this company are coming in thick and fast. Result - share price is consistently heading north - Up 46% since 1/10. Perhaps one to quietly be a ten bagger over the next few months. DYOR

LOL

ticker,

The reason for my assumptions on Eckoh is due to using a combination of share trading indicators overlaid on charts (MACD, RSI, 10day Moving Average of RSI, Bollinger Bands of RSI) which give me the signals of when to BUY, HOLD, SELL plus also the use of trendlines etc. but generally I make my final trading decisions upon research into fundamentals, news threads and its markets.

This company first came to my attention last year by an article in either Shares or Investors Chronicle. I can,t find this article at present but from my notes and memory, Eckoh has some interesting artificial inteligence technology in voice recognition software for telephone answering and call management for handling & directing callers to the correct person or department in large organisations and companies. Eckoh's technology solves a problem that many companies suffer in the loss of business and customer confidence, patience and satisfaction with existing older telephone call answering /queing systems that are not able to quickly and efficiently handle & connect the customer to whom they wish to speak to. This is just one of many tasks that the technology can handle and together with the capacity of 8000 prime rate telephone lines they own and get used by terestrial/digital/sky/cable TV Co's for shopping, competitions etc. ECK is cash flow positive and debt free.

Well worth some DYOR! Hope this is of help.

ckmtang/Legins,

Many thanks for your replies. I have read up on the company and decided to buy 20k worth.

Are you guys still holder of this stock? What would be your projection of the share price in a few weeks time?

Thanks

Ticker,

The following info should help you to project what the share price in a few weeks time.

06/11/03 END OF DAY DATA for ECK

PRICE CHANGE
OPEN HIGH LOW CLOSE GBp % VOLUME
18.50 18.65 18.00 18.50 0 0 307,434

RECENT LOW & HIGH TRADING RANGES OF CLOSING (MID) PRICES

The table below shows the last 4 Support (Lows) & Resistance (Highs) of Closing Mid prices. Figures in 'Days Ago' columns refer to the number of trading days since 06/11/03 and not the trading days in between Lows & Highs.

LOWS & HIGHS PRICE CHANGE
GBp Days Ago GBp Days Ago GBp %
Price since last LOW 18.50 06/11/03 6.75 57.45
LOW 11.75 28 -3.50 -22.95
HIGH 15.25 52 2.50 19.61
LOW 12.75 56 -1.50 -10.53
HIGH 14.25 67 3.25 29.55
LOW 11.00 79 -2.00 -15.38
HIGH 13.00 90 1.00 8.33
LOW 12.00 91 -1.75 -12.73
HIGH 13.75 100 3.00 27.91

MACD INDICATOR
As of 06 November 2003 the current trend for ECK is BULLISH.

The MACD crossed above its signal line 23 trading period(s) ago. Since the MACD crossed its moving average, ECK's closing share price has increased 48.00% and the share price has ranged from a low of 12.50 to a high of 19.00.

How do you interpret the above legins? I am new to this and the info given is just beyond me.

Hi winalot,

I hoped this table would show the figures in an informative way and formated the table with tabs but did not show the formatting in the message posted, but copy this and format it in a spreadsheet or even word processor. The table showed the past recent 4 Lows (Support)& Highs (Resistance). From this it shows the trend where the share price is heading and the gains & losses between peaks & troughs. There are two columns for LOWS of GBp (price) and Days Ago with figures since the present day, two columns for HIGHS of GBp & Days Ago and two columns showing the price change & % gain / loss between high and lows.

a bit rise today... looking forward in it. Hopefully rise more.

Lets hope so :-)

Should see more rise tommorrow. RSI(14) indicator for ECK is oscillating between 60 & 80 and although some profit taking took place last Friday, while the RSI(14) continues to stay above 60 (currently 65.4254) there should be further upside.

Great day : + .75/+ 4.35 per cent on volume 1,745,385

Technical analysis in Short Term :-
Levels under 18.10 can be opportunities to enter long in the market,when the
trend slopes at the highest levels.

Tech analysis mid term :-
Still Bullish this week.Be alert to resistance 17.25 and a possible retracement
from this level.

1 Broker recommendation -- it is Strong Buy

ajren, which broker gave out the strong buy recommendation?

ticker:-Sorry,but cannot help as usually do not get names on my searches ---
Anytime I get names I will post it.
Also,I have to go through a VAST amount of info very quickly and pick out the
most relevant bits.rgds

Thanks for that ajren.

The price is ticking up slowly but surely I am glad to say. I wonder if there is something in the pipe line that we don't know about.

:)

Perhaps,but I doubt it on such a low Volume.

Incidentally,Volume is often the best way to analyse any share.The greater
the Volume means Institutions are analysing and acting on new information/or
in 99 per cent of the time anticipating what MIGHT be good information e.g.
Company X hopes to get financial facilities in 3 weeks.They will CALCULATE
the likelihood of that happening and price it in BEFORE the finance is agreed
-if they think,from their research in the City,that it will be agreed.

I did exactly that when I bought Corus at 8 p i.e.decided,on the information
given,that they would get the finance.However,I sold at 14 p and they went
up to 32 four -approx - months ago.I still feel sick.

This baby is going up today and there seems to be lots of people buying in. Something is in the pipe line....... Anyone have any news??

Way to go ECK!!

NEWS :-

A = Nov 12 eck have issued 20,000 shares................

B = Nov 13 eck ADDITIONAL LISTING : Ref - Intelliplus Group plc
Best of luck

NEWS :-
Bullish

Volume only 901,953.Institutions DEFINITELY have priced in Nov 12 news.

ticker, There is something in the pipeline that the MM's are confident about & the future of growth for ECK. The best indicator to show support of this is the RSI(14) which I think rates the strength of sentiment of a company with MM institutions. When the RSI() is above 50 and rising and stays above that level the share price is going up and that is exactly what the indicator has been doing with ECK for some while. It seems the investment ECK has made into artificial intelligence for voice recognition software & phone line capacity to 8000 lines some while ago to increase & strengthen its customer base, products & services is paying off.

As more deals get signed, ECK's profit & cash position position will just get better and probably, this is what the MM's are in the know about, that further deals in the pipeline are fairly imminent.

Thanks for that info Legins. I think this is a good stock to hold and am looking forward to a good steady rise.

:)

have a good week....