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

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???

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.

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!

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!

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!

maybe not he's back on 7.92p to sellto punters!!!

all my quotes have been 8.2p with TDW, should I get another broker?

bonfield,

they are taking the piss now!

back up to 8.25p for buys of 1,000 shares or more

how can they justify a 5% increase in purchase price based on the trades today which have been mainly sells...

well with 120k shares changing hands (less than 10,000) the MMs haven't made alot of commission today, in fact it doesn't look as though they were really open for business at this trading level!

see what tomorrow brings...

right, in at 7.95, thx Mack for saving me a few quid, I'll be a lot more careful with spreads in future.

bonfield,

definitely one to watch closely

L2 information suggests that we are in a very tight trading range...quite a few of the MMs are taking in very small amounts of stock at 7.75p and then moving the spread back up to sell shares at 8.15p/8.25p

WINS on the other hand seems to be buying in at 7.75p and selling at 7.83p!!!

can only conclude that there aren't any large buy or sell orders at the moment.

probably no bad thing if it introduces some stability to share price and develops a floor which allows price to rise significantly as we get closer to the Interim results(they posted the results last year on 15th December - ECKs web site is suggesting the results will be out in November)...