Legins
- 31 Oct 2003 11:01
willfagg
- 27 Sep 2004 16:26
- 134 of 279
very interesting , many thanks Mack
Mack1705
- 28 Sep 2004 11:16
- 135 of 279
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
Mack1705
- 28 Sep 2004 11:28
- 136 of 279
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!!
Mack1705
- 28 Sep 2004 14:45
- 137 of 279
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!
willfagg
- 28 Sep 2004 17:03
- 138 of 279
Same problem Mack. What is this business worth?Its obviously good news but you find yourself wanting to know a little more
Mack1705
- 28 Sep 2004 17:17
- 139 of 279
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!
willfagg
- 29 Sep 2004 09:39
- 140 of 279
Many thanks for that Mack
Mack1705
- 01 Oct 2004 18:15
- 141 of 279
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
willfagg
- 02 Oct 2004 02:25
- 142 of 279
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
Mack1705
- 04 Oct 2004 15:05
- 143 of 279
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....
Mack1705
- 04 Oct 2004 17:13
- 144 of 279
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.
Mack1705
- 05 Oct 2004 11:45
- 145 of 279
lots of sells going through today, but the SP ticks up!
all very strange!
bonfield
- 05 Oct 2004 14:24
- 146 of 279
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?
Mack1705
- 05 Oct 2004 15:06
- 147 of 279
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???
bonfield
- 05 Oct 2004 16:55
- 148 of 279
my broker is TDW, and they quoted 8.2, by the sound of it I can do a lot better. I saw one trade for 480 shares go through at 7.95 presumably a sell? last trade was 10k at 7.75, another sell, so will look to get a price closer to 8p or under if possible in next few days.
Mack1705
- 05 Oct 2004 17:15
- 149 of 279
very interesting Bonfield
looks like the MMs are pretty undecided on what is the right price to sell stock to the punters...interesting that one punter paid 8.25p for 50,000 shares this morning
just before the close my broker(Charles Stanley) was offering stock at 7.92p
I can only assume that the trade at 7.95p was a buy and all the trades at 7.75p and 7.8p are sells
probably need to shop around for best price at the moment however the MMs do seem keen to sweep up shares at 7.75p from holders losing their nerve!
lostcause
- 05 Oct 2004 18:15
- 150 of 279
The trades at 7.95 today were buys. Plenty of sells though, doesn't seem to make sense. I bought some of these last week for 7.95 using Halifax, who I have to say are pretty useless. However, I had to get a quote approx 8 times at 8.20 before they offered them at 7.95 - so just keep pressing that button!
Mack1705
- 06 Oct 2004 12:45
- 151 of 279
MMs are playing a very tight game today
can't buy even 1,000 shares at less than 8.15p and if you want 50,000 you need to pay full 8.25p
looks like something is getting ready to blow!
Mack1705
- 06 Oct 2004 15:00
- 152 of 279
maybe not he's back on 7.92p to sellto punters!!!
bonfield
- 06 Oct 2004 15:30
- 153 of 279
all my quotes have been 8.2p with TDW, should I get another broker?