Eckoh Share Discussion Threads

[mfl01] 21/10/2014 14:27

This bit has the mention with Hargreave backing.

hxxp://www.telegraph.co.uk/finance/personalfinance/investing/shares/11175584/Share-tips-Britains-best-investors-name-the-shares-they-love-and-hate.html

[boadicea] 21/10/2014 14:15

Saw it too - think the mention was of Hargreaves backing it.

[mylands] 21/10/2014 08:00

Sorry thrown it away! It was in the Family Money section and was in an article about stock picks from 'experts'. One recommended Echoh, though he did say it was expensive!

Climbing back to the 40p bid level again. Why didn't I buy some more when it fell to 33p on October 13th!

[mazarin] 20/10/2014 11:53

Hi Mylands, I didn't see it, would you share it with us?

[mylands] 19/10/2014 16:56

Snippet about Eckoh in The Sunday Telegraph Money section.

[mylands] 15/10/2014 08:59

The bounceback continues. The fall from 48p to 33p was ludicrous and the latest RNS shows how right those of us who have stuck with Eckoh were, not to jump ship as the punters took fright.

[boadicea] 14/10/2014 17:40

Surprised at the price action today. Looks like uk investors are uninterested but buying started when US got going after 2pm.

[mazarin] 14/10/2014 08:22

Interim results for the six months ending on 30 September 2014 will be announced on 25 November 2014 with indications that 'they expect to report a significant increase in revenue and margin compared to the previous year, in line with market expectations.'

Re. current concerns about the prolonged fall in share price I have to admit that I too was concerned that Company hadn't responded earlier, but kept faith that sooner or later we would hear some encouraging news - and thankfully here it is, albeit somewhat overdue.

However, I was quietly encouraged by the notable absence of any RNS notifying change (to date at least) of any reduced holdings by our larger majority Share holders that could have easily accounted for the fall, so this may suggest its been the steady stream of smaller PI's jumping ship in reaction to the wider volatile market that's hit all shares recently.

[mylands] 14/10/2014 08:05

Shows once again how the herd instinct can seriously affect the share price of AIM stocks and get it totally wrong.

[hybrasil] 14/10/2014 07:58

Oh dear- Our share price is falling - we better say something to the market

[andyview] 14/10/2014 07:07

That is some update, gla

[mylands] 14/10/2014 07:06

Now this is what we all want to hear. My faith in the company continues to be rewarded, just a shame the market doesn't think the same at the moment.

Eckoh PLC
14 October 2014
For immediate release 14 October 2014

Eckoh plc

("Eckoh" or "the Company")

US Update

Strong business and contract momentum from new US business

Eckoh plc (AIM:ECK), the global provider of secure payment products and customer service solutions, today confirms that its new US business continues to gather sales momentum, securing a new three year contract with Cooperative Response Center Inc ("CRC") to implement its secure payment solution CallGuard.

New US contract win

CRC is a leading contact centre and software provider with offices in Minnesota, Tennessee and Texas providing services to electric utilities, including round-the-clock dispatch and customer care, and monitoring of security and medical alarms. CRC serves over 300 members and associate members in 41 states, representing over 5.2 million consumers. The solution is expected to be live before the end of the year.

By deploying Eckoh's CallGuard solution, any CRC consumer making payments through the contact centre agent will automatically have their card payment data shielded from the agent, their desktop and the call recording system. This highly innovative solution assists organisations in complying with the Payment Card Industry Data Security Standards ("PCI DSS") and removes any risk of agent fraud within a contact centre.

US business update

Since Eckoh's AGM statement in August 2014, the Company has continued to make excellent progress with the development of its US business, investing in both people and infrastructure. Sales and product training with our exclusive reseller, one of the leading providers of business process outsourcing and communication services delivering services to over 80% of the Fortune 100, was concluded by the end of August. Since then a significant sales pipeline has been developed, including a number of multi-million dollar prospects. Whilst our US business is still at an early stage of development, the initial signs are extremely promising and have the potential to exceed our initial expectations.

The implementation of our new technical platform into data centres in Dallas and Washington DC, which links to the telephony platform of our reseller and enables the hosted CallGuard service to be offered for sale, was completed on schedule at the beginning of October. We are now able to offer CallGuard as either an on-site installation or as a hosted service in the US giving our customers complete flexibility.

The Company therefore remains confident that the investment currently being undertaken in the US will result in significant profits for the Group in the medium term. Interim results for the six months ending on 30 September 2014 will be announced on 25 November 2014 and will report a significant increase in revenue and margin compared to the previous year, in line with market expectations.

[biker6] 13/10/2014 17:03

In these markets think this could fall down to about 24p its had such a good run over the last few years.

[andyview] 13/10/2014 14:23

I've bought a few of these days, not been a holder for a number of years but this looks overdone to me...gla

[reallyrich] 13/10/2014 13:50

In the 13 or so years I have held these, I have never seen such a sustained drop off. This started almost immediately after the accounts were published, very weird.

Hopefully something soon on the America development

[septimus quaid] 12/10/2014 09:52

Last year's interims announced 19/11/13, so presume something similar this year?

[spookies] 10/10/2014 20:21

Looks like there has been a seller all this week. Hope the seller has been flushed out with the volume today. Nice recovery toward the end of play.

[fastbuck] 10/10/2014 17:25

I had my buy limit order filled this morning - to add to my significant holdings - was alittle surprised at the size of fall an hour or so into trading but well happy with the rebound.I guess someone needed to sell and now they are gone

[pc4900074200] 10/10/2014 13:37

Well spoken mylands – my thoughts as well. From the start of this
I thought that it’s just that the none movement of the share and no
more announcements of contracts has profit takers from the rise
moving in.
Fine my me, as another long term holder, not a problem having sat
from buying at 14.5 to the lows we have seen for several years,
what’s a few pence?
Given the management have remained true to shareholders
during the low years. Sadly, the lack of comment from them
is now a worry? You would think that some form of reassurance
via. an RSN would be heard given it’s around a 22% drop over
a handful of days?

pc

[mylands] 10/10/2014 13:08

Typical market maker tree shake.

When the market turns South the first stocks to be hit the hardest are the small caps. Generally they are pretty illiquid and the last thing the MM's want is a load of stock on their books that they can't sell.

Nothing has changed with Eckoh. I'm in for the long haul.

[septimus quaid] 10/10/2014 12:11

Rumour of a low ball offer?

[miamigo] 10/10/2014 10:54

It is a pretty exponential drop by ECK standards.

[oohrogerpalmer] 10/10/2014 09:04

Something about to break ,
even in a depressed market it wouldn't have such a steep fall.

And we thought insider dealing was a thing of the past !!!!!!!!!!

[bamboo2] 10/10/2014 08:22

Sold today. A badly timed top up has taken me into a loss, the wider market looks weak, and we have dipped below the 200sma. gla.

[miamigo] 06/10/2014 15:23

Just topped up with 4000 @ 39.2.
Another wedge of my ISA allowance used up.
Back up now please!