Current price an over reaction IMHO.

LONDON (Thomson Financial) - Wall Street is looking at a higher open Monday amid ongoing hopes the Federal Reserve will cut interest rates to boost a flagging economy, with a report that Washington Mutual Inc. may receive a $5 billion capital injection lending further support.

According to spread bettors IG Index, the Dow Jones Industrial Average is expected to open up 77 points at 12,686. Separately, S&P 500 futures were up 10.10 points at 1,382 while Nasdaq 100 futures climbed 15.50 points to 1,885.25.

Increased volume in this share and it will move very quickly IMHO.

The trouble is so many companies are untradable atm because of lack of volume.

Now this cy has tracked back to 200p, how much steam has it left?

Volumes in most shares are dreadful today and only 5456 traded here which doesn't look good but time will tell.

This should push higher once Wall St opens IMHO.

Anyway - I will stop posting don't want to be accused of ramping. Have highlighted this share and advise research and to all to make their own decisions.

All the very best.

:-)

:-)

Well done.

Hope you had it.

Still hold my view I'm afraid in that it isn't a long term hold. Debt is up and it admits forward order bk is down. Has the feel of one of my companies VLK which said much the same and a few weeks ago came out with the profit warning and the sp crashed.

Hope I'm wrong but ...

big thx 2 irishprincess

bargain at this price IMHO...read the recent results

250p next stop on it's way back up northwards again.

AGM next Friday, if not mistaken.

Also worth a read...From early June...

'Independent view

E2V Technologies

Our view: Buy

Share price: 291p (+1p)

Hitherto, E2V Technologies, which makes bespoke electrical components, has been taking two steps forward, and one back.

The company, which yesterday reported an 11 per cent increase in annual pre-tax profits, is split into two main areas; sensors and semiconductors and an electronic tubes business. Analysts at Arden say that, 18 months ago, the market was expecting the former to be the best-performing branch of the business, when in fact the opposite has happened.

Arden also say that it is difficult to value groups in the sector, arguing that those such as Meggitt, that largely supply the aerospace industry, are suffering, while the military-focused companies like VT Group and Babcock are doing well.

E2V, spun out of Marconi in 2002, does do well from military clients, which may itself put off some investors. Those not inhibited by that should be encouraged that the group is not exposed to consumer markets and that military spending is on the up.

The Arden experts said: "We believe that prospects for growth are improving. Although the derating of the shares has partially reversed, they are still only trading on a price earnings ratio of [about] 10 times and an enterprise value to Ebitda of 6.6 times and so we are retaining our 'Buy' recommendation."

The group's shares have improved in recent months, but are still some way behind the year high of 473p, indicating that there is still some room left to grow. If this is true and the sensors business can start to meet some of its potential, E2V could be a decent shot. Buy.'

sub-250p a bargain...add this to your watchlist

Had an opportunistic Buy in e2v earlier this afternoon.

Noticed buy trades moving up and its moved up lovely this afternoon.

techs seem to be doing well in the US at the moment and I had noticed punters accumulating these over the last few weeks.

Lovely saucer shaped recovery chart aswell...

E2V technology company e2v started moving up this afternoon on above volume so I bought a few.

I had noticed over the last month or so an accumulating process going on from investors which as resulted in a kind of saucer bottom.

Lower indicators all seem to be positive aswell.

Over in the US tech stocks are tending to be back in fashion so I may add even more at a later date.


On the 3 month chart below you can see that the candle created today as a trailing tail.

We may be in for a exciting day tomorrow.....fingers crossed.

Off to a stormer this morning after a good performance from techs in the US yesterday.

Watch out for further gains here.

I see Seymour Pierce have a 106p SP target on this stock.

Something to aim for.

OVER 71p

Not sure if anyone is looking at this thread anymore but seen this really interesting audio interview with CEO of e2v - Audio interview