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

double bottom forming or is it just another step down ECK's slippery staircase?

well the final leg is pointing upwards, just hope we breach 9.5p soon!

wonder when ECK will begin to announce "new deals" from their new/prospects pipeline!

from the AGM statement back in June 2004

Outlook

The new financial year has started well, with the group trading in line with our expectations. In particular, our recent announcements of substantial speech contracts with UGC and the London Stock Exchange and the launch of a
self-service solution for Vue (Warner Village Cinemas) are very exciting
developments, and serve to further validate our strategy in this area.

Moving forward, we have a strong pipeline of new and prospective business and
believe that this will continue to fill as major corporations appreciate the
significant benefits that advanced speech recognition and self-service
applications can bring to their customer contact strategies.

They need to announce new contracts. They are near my loss limit . It will be a shame to bail out as I think they have a good product.As your note says June was three monthas ago, if they are not winning a major contract every couple of mnths they are not going to get their revenue satream flying are they?Will hang in there for the moment

Will

looking at the RNS announcements I can only see the Trinity Mirror deal in the last 3 months, and while it seems to be a 'big contract' and will have a positive effect on eps, I agree we need to see a much more regular flow of new contracts to get the share price moving....

having said that looking at the 2002 and 2003 chart for this share, September seems to be historically the low point and by December has put on 50%/100%....I wouldn't be unhappy at history repeating itself at these levels!

im with you on that one!

very nice 500,000 buy at 7.9p

might just set the bottom on this share?

another 250,000 bought at 8.25p just gone through, someone building up a stake?

another 250,000 @ 8.2p, somethings brewing!

But the price still going nowhere...

queen1,

been wondering that too, another 200,000 buy today and still no reaction, beginning to think that MMs have a big seller feeding them stock on the QT!

something very strange going on here!

yesterday it was virtually all buys, today there has been c.450,000 sells against 300,000 buys....

no change in bid/offer spread however the MMs will now buy stock off you for 8.03p rather than 8p yesterday

fractionally stuff I know but with the level of sells today I would have expected a drop back to 7.75p on the bid on the basis the MMs would have more stock to shift??

perhaps we will get a T trade buy later on...

Do you think we're going to be at this level for a while? The chart looks awful but I'm still there as their story seems to have legs...

looks like the big seller theory is true!

500,000 sell @7.5p has got the mid price back down to 7.875p(third time this happened during last 30 trading sessions)....is there such a thing as a triple bottom??

managed to find this site regarding triple bottoms, oh er missus!

http://stockcharts.com/education/ChartAnalysis/triplebottom.html


maybe hope yet?

Does any one know wht the value of the trinity contract won in August was worth?Whilst the Speech recognitions is a high margin part of the business it only accounts for 5%(3.2 Million) of their 62 million pound turnover.It would be useful t know what this new contract was worth and any new contract news would be also very helpful to the shareprice.

will,

I wish I knew how much the Trinity deal was worth too!

I just wonder how far these shares can fall?

Personally I would like to see ECK use up some of their cash pile and buy back some of the shares:-

say 8.0m @ 6.5p a share = thats c.125,000,000 shares

if EVOs projections for y/e 3/2005 are still accurate then ECK makes PTP 1.9m(also worth bearing in mind EVO's report 6/2004 doesn't include the Trinity deal)

current shares o/s 271,000,000 less 125,000,000 bought back = 146,000,000

would give an eps of 1.3p

even on a 10x multiple the shares left would be worth twice as much as the ones bought in by ECK, personally I would have thought a 15x multiple is more appropriate and that gets you to 20p a share!!

Mack,
I like your reasoning, a bit more technical than me.From your calcs doesnt this say the eps is .7P with the actual current number of shares?Providing their retention of customers is good they should have a constant stream of revenue bing topped up by both new contracts and amendments/incremental business from existing customers.It seems a good product, just ring one of the numbers(Warner for instance)it performs very well.
I still have reservations I have caught a cold on several small shares that have performed well but have not handled the city well with updates, releases and the like,and have consequently had their share price do a slow decline over time.However I am sticknig with it for the moment. Many thanks for the numbers.