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

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.

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!!!

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

very interesting , many thanks Mack

useful endorsement of ECK's Speech Recognition product, hopefully we will get a few more in the run up to the results in Nove/December?

Eckoh Technologies PLC
28 September 2004


For Immediate Release 28 September 2004


Eckoh Technologies plc


BT and Eckoh Technologies to supply automated train information service for ATOC

Eckoh Technologies plc ('Eckoh'), one of Europe's leading speech application
service providers, today announces that through its speech alliance with BT,
they will help develop and host an automated train running information service
for the Association of Train Operating Companies ('ATOC').



The automated train update service will provide callers with another way of
accessing train times and the same real-time train arrival and departure
information already available from National Rail Enquiries by telephone, WAP and
on the National Rail web site,
www.nationalrail.co.uk
. It will allow callers to
select the relevant train stations by using either speech recognition or
touch-tone entry



The service will for the first time allow travellers to call an automated
service to see if there is disruption to their planned journey. ATOC currently
provide the National Rail Enquiries which receives more than 50 million calls a
year. The new service will provide a complementary method for users of the UK
rail network to obtain real-time train running information.



BT and Eckoh are in the process of developing the service for a soft launch
later this year.



Nik Philpot, Chief Operating Officer for Eckoh, commented: 'We are delighted to
be working alongside both ATOC and BT to supply what we expect to be perhaps the
busiest automated service using speech recognition yet delivered in the UK. We
believe that this service will deliver real value to the rail user and will
clearly demonstrate the benefit and convenience that speech technology can
deliver. We see the service as yet another validation of our decision to invest
in building such a large call processing platform capable of using speech
recognition, a factor that was central to ATOC's requirements.'





For further enquiries, please contact



Eckoh Technologies plc Tel: 08701 100 700
Martin Turner, Chief Executive
Nik Philpot, Chief Operating Officer

Buchanan Communications Tel: 020 7466 5000
Mark Edwards/Jeremy Garcia



Notes to Editors



About the Association of Train Operating Companies:

The Association of Train Operating Companies (ATOC) is the official voice for
the passenger rail industry - representing train companies to the government and
other opinion formers on transport policy issues. Britain's train operators are
working together to change rail travel for the better.

ATOC manages many joint activities for train operators including revenue
allocation and settlement, impartial retailing, the National Rail Enquiries,
Railcard marketing, staff travel arrangements, international products and travel
agent licensing.



About Eckoh Technologies:

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.



In January 2003, Eckoh signed a landmark deal to create an exclusive speech
alliance with BT to provide hosted speech recognition solutions to their
corporate client base over the next 2 years. This contract was then subsequently
extended until December 2006. In December 2003, BT and Eckoh announced
significant contracts to the value of 6m with UGC Cinemas, TD Waterhouse, RNIB
and Wire-E.



In June 2003 Eckoh enlarged its call processing infrastructure to 7,000 lines
(capable of handling 500,000 calls an hour) by installing another platform into
a BT hosting facility. This created the largest speech enabled call processing
platform in Europe.



In addition to those above, Eckoh has contracts to supply hosted Speech
Solutions to clients including Virgin Mobile, Auctionworld, William Hill,
Wyevale Garden Centres and Vue .



Eckoh also operates the following businesses:



* IVR - following the acquisition of Intelliplus Group plc in Sept
2003, Eckoh is one of the largest providers of managed IVR and SMS services in
the UK to media clients including the BBC, ITV, Trinity Mirror, Channel 4,
Endemol, Celador, EMAP and Cartoon Network.

* Network Services - under the 'Symphony' and 'Freecom' brands, Eckoh
supplies fixed line and mobile telephony services, broadband and data services
to SMEs in the UK and Ireland. Following the acquisition of Intelliplus Network
Services now has an SME customer base of over 13,000.



In the year to 31 March 2004 Eckoh Technologies plc generated a turnover of
62.5 million and had a cash balance of 10.2m.



Further information can be found at
www.eckoh.com

ATOC deal may also prompt a new EVO report and it would be interesting to see if they are sticking with their projected 0.7p eps target for current financial year and also whether they amend their short term target price of 20p which looks daft or a fantastic buying opportunity when viewed against current 8p price!!

doesn't look like the market is overly impressed by ECK's new contract with ATOC!!

bid raised this morning to fill a 1,000,000 buy at 8.125p however nothing else has filtered through and bid dropped to 7.75p and offer around 7.92p

still think the opportunity to buy below 8p will be short lived!

Same problem Mack. What is this business worth?Its obviously good news but you find yourself wanting to know a little more

will,

I guess the market is probably focussing on the term 'soft launch' which some might class as no more than a trial...I read an interesting article on this subject recently which provides more background to this 'phrase' and attach the link for your info
http://www.varbusiness.com/sections/columns/columns.jhtml?articleId=18827326&_requestid=292520

Also EVO have produced an updating brokers report everytime a new Speech Recognition is announced. Will be interesting to see if we get a new EVO report later this week because they will have to come clean on their expectations for eps in current financial year. If they continue to stick with 0.7p eps this can only be good news given all the sector concerns over network margins being eroded.

If a report fails to materialise then you have to ask why not!

Many thanks for that Mack

Will,

the following table of brokers consensus opinion on peer group Alt Telcos makes interesting reading from a ECK shareholder's perspective!

Assuming EPS targets are achieved ECK seems to stand out by a mile as being undervalued against its peers, ignoring the cash balances it holds(equating to 4p a share).

As far as I can see the ECK figures ignore the recent Trinity Mirror and ATOC deals which could add s to the bottom line.

Wonder how long it will take the market to latch onto the fact that ECK is massively oversold???

05EPS 06EPS SP 05x 06x

Red 0.1 0.3 7.75 77.50x 25.83x

Pipex 0.26 0.69 8.00 30.77x 11.59x

Thus -0.8 0.1 14.75 -18.44x 147.50x

KCOM 1.3 3.8 56.00 43.08x 14.74x

Eckoh 0.7 1.1 8.00 11.43x 7.27x

looks good to me, but i am more of a conviction politician and believe they have a product that is the future. I know they are trying to do the more clever stuff, but making calls handsfree in a car will be by speech recognition. Every switchboard will route people and respond by speech recognition. Basically at all levels of business there is a demand and therefore an opportunity. The list is huge and they appear to be at the leading edge

strange trading going on today...not alot of sells but the mid price drops...

also alot of trades going through at full offer 8p whereas MMs were selling at 7.90/5p on Friday when the best offer was 8.25p!

MM manipulation don't you just love it....

I had expected to see a big T sell appear after hours, but no sign yet.

All that seems to have happened today is the MMs have closed the spread to 7.75p-8p from 7.75p-8.25p on what is below daily average trading volume.

lots of sells going through today, but the SP ticks up!

all very strange!

I'm looking to buy but the 7.75-8.25% spread is putting me off. Is it worth waiting for this to narrow? I too thought the large no of sells should have dropped the price....shome mishtake shurely?

thanks Bonfield,

what is really confusing me is that I was quoted 7.8p to sell and 7.92p to buy

this bears no resemblence to the current quoted spread of 7.75p-8.25p

seems to me the MMs want the mid price to be showing at 8p for some reason


yesterday EVO dropped their spread to 7p-8p which reduced the mid to 7.875p and raised their spread this morning to 7.25p-8.25p which got the mid back to 8p...


I'm sure EVO must have a reason for doing this I just can't fathom out why???