Legins
- 31 Oct 2003 11:01
willfagg
- 16 Sep 2004 23:30
- 115 of 279
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
Mack1705
- 17 Sep 2004 11:22
- 116 of 279
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!
willfagg
- 17 Sep 2004 11:46
- 117 of 279
im with you on that one!
Mack1705
- 17 Sep 2004 14:52
- 118 of 279
very nice 500,000 buy at 7.9p
might just set the bottom on this share?
jfletendre
- 18 Sep 2004 16:09
- 119 of 279
Mack1705
- 21 Sep 2004 11:17
- 120 of 279
another 250,000 bought at 8.25p just gone through, someone building up a stake?
Mack1705
- 21 Sep 2004 11:45
- 121 of 279
another 250,000 @ 8.2p, somethings brewing!
queen1
- 21 Sep 2004 19:49
- 122 of 279
But the price still going nowhere...
Mack1705
- 22 Sep 2004 11:13
- 123 of 279
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!
Mack1705
- 22 Sep 2004 16:26
- 124 of 279
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...
queen1
- 22 Sep 2004 19:45
- 125 of 279
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...
Mack1705
- 23 Sep 2004 16:33
- 126 of 279
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??
Mack1705
- 23 Sep 2004 16:47
- 127 of 279
managed to find this site regarding triple bottoms, oh er missus!
http://stockcharts.com/education/ChartAnalysis/triplebottom.html
maybe hope yet?
jj50
- 23 Sep 2004 16:51
- 128 of 279
willfagg
- 24 Sep 2004 11:46
- 129 of 279
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.
Mack1705
- 24 Sep 2004 17:38
- 130 of 279
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!!
willfagg
- 27 Sep 2004 10:59
- 131 of 279
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.
Mack1705
- 27 Sep 2004 11:19
- 132 of 279
will
I was using the PTP figures from the last EVO report(June 04) which suggest an eps of 0.7p for the current year
at current price I also think that ECK could be ripe for takeover...they have a tax loss asset of c.15m(based on about 70m losses in the last 4 yrs) which would be very useful for a profitable acquirer, plus they get 10m cash, plus a network business with 13,000 SME customers, a useful IVR business with some large corporate customers and a SR business which could have massive growth potential. Must be worth at least 35/40m to a predator? certainly alot more than the current 20m market cap!!!
Mack1705
- 27 Sep 2004 13:52
- 133 of 279
bit of newsflow from ECK!
'Fabulous opportunity' for Music TV, says Eckoh
M2 Presswire
27 September 2004
The UK Music TV industry has a 'fabulous opportunity' to develop ground-breaking formats and new channels to market.
So said Paul Parry, the managing director of Eckoh Communications, part of Eckoh Technolgies plc, speaking at 'The Future of Music TV' conference in 'The Pop Factory' in South Wales this week.
"Broadcast interactivity is as much about the marriage of imaginations as it is about the marriage of technologies," said Parry. "The biggest successes come when programme formatters don't just look for bolt-on solutions to add value, but when they use the power of the interactive platform to drive their imagination into new territory."
Eckoh has recently delivered a string of interactive solutions for major UK shows including Hell's Kitchen, The Vault and This Morning. Now, says Parry, the time is right for the music TV industry to develop a new range of formats that move the industry on from the success of programmes like Fame Academy and Pop Idol for example.
"The UK currently leads the world in interactive format development," says Parry, "And Eckoh is proud to be part of that development and looks forward to helping the UK continuing to remain the world leader."
Parry was part of a panel of experts chaired by broadcast format development guru Malcolm Gerrie, the chief executive of Initial, an endomol company. Gerrie has been responsible for the development of many of the UK's leading interactive TV formats, including The Tube, The White Room, and the massively successful Fame Academy.
Parry says: "Talking to music delegates at the Conference, there was little doubt that the industry knows the scale of the challenge it now faces with the many new channels to market for digital music. What will be really interesting is to see the new ideas and how we can work with programme formatters and producers as they develop these."
Eckoh is currently working with a number of programme formatters on leading shows which will hit TV screens in the coming months and remains the main provider of interactive services for both ITV and the Trinity Mirror group.
Note to Editors:
The Future of Music TV Conference took place on 21 September at The Pop Factory in South Wales.
Eckoh Technologies plc designs, builds, hosts and manages speech solutions for large corporations and organisations using ASR (Advanced Speech Recognition) and IVR (Interactive Voice Response) technologies. It is a leading UK service provider and infrastructure owner/operator, and intends to exploit the anticipated growth in demand for Speech Solutions across Europe.
To hear a demonstration of Eckoh Technologies' speech recognition product range, dial 08701 100 600. Further information can be found at www.eckoh.com.
Issued on behalf of Eckoh Technologies plc by TDM Marketing Associates.
CONTACT: Simon Shrouder, Eckoh Technologies plc Tel: +44 (0)162 557 5592 Gary Perry Tel: +44 (0)870 880 2020 Fax: +44 (0)162 557 4313
willfagg
- 27 Sep 2004 16:26
- 134 of 279
very interesting , many thanks Mack