Eckoh Share Discussion Threads

[miamigo] 16/12/2014 08:42

It isn't buys or sells that move the share price but buying and selling pressure.

[septimus quaid] 16/12/2014 06:50

Are these parties (Hargreave Hale/Malborough) allowed to accumulate on behalf of another party (suitor) or do they need to declare same?

I have been expecting a fall in Eckoh, only because, overall, the stockmarket has taken such a recent pounding.

[mazarin] 15/12/2014 20:42

Hargreave Hale on behalf of Malborough Funds Management notifies today they added 593,070 shares on 12/12/14 that raised their holding to 21% and yet throughout the day the share price fell 2p (by 4.4% at close). The facts don't appear at first sight to make much sense to me, as I'd have expected to see quite the opposite effect, albeit the RNS was posted very late in the day and the selling started mid morning.

[zimbi] 01/12/2014 08:28

oooh roger palmer
remember happy times on the terraces late 80s early 90s at the Latics
beating Villa and giving Platty stick or singing "lou Macari have you had a bet"

[mazarin] 26/11/2014 11:51

'Echoes' from across the Atlantic...

[oohrogerpalmer] 25/11/2014 15:42

Herd instinct ,

The stock market is made up of maybe 10% actually leading the way with trades , buys & sells etc.
The other 90% just follow like sheep.

That's why i have always resented the so called "city boys" as 90% of them are just getting rich following the other 10%.
Those 90% are just egoistic gutless wonderboys that the only good thing you can say about is that some of them had the nous to at least get a job in the city.
A lot will have inherited the position from a family friend or relative.

Put them in an office on their own with no access to copy cat the superiors and very very few of them would make any money.

Getting back to the subject , when the 10% that matters finally cotton on to ECK then we will see the rise it deserves.

[mazarin] 25/11/2014 15:14

The strong and positive aspects of yesterday's results appear initially at least to have received rather a muted response from the market in terms of +'ve share price movement. However I feel sure that sooner or later ECK will excite the attention of Analysts and Press commentators interested in the Sector and when it does, I fully expect it to move more positively. A similar situation occurred previously and it wasn't until after Midas made comment in the Sunday Press that ECK took off with a vengeance. Why people can't see these things for themselves, without waiting to be led by third party opinion is beyond me?
Does it have to do with 'herd instinct' or simply the 'madness of crowds' that make people more comfortable doing what everyone else does? By that time, of course the price has moved. Either way, I believe that there are some significant elements contained in yesterday's news that have the power to propel ECK's business forward and take it to new levels.

[nickelmer] 25/11/2014 06:52

Edison remain very positive



As they hint, if the USA does produce some good sized contracts there may be room for yet further upgrades and increases to valuation targets, huge potential here but patience required as always I guess

[mr roper] 24/11/2014 08:11

Excellent results. Onwards and upwards..

[mazarin] 24/11/2014 07:09

Today's Interim results were worth the wait and certainly 'look good' (a bit of an understatement). Headlines briefly include 27% gross margin increase, 8 new UK Contracts together with 3 new US contracts, Debt Free with £4.1m 'Cash in the Bank'.... Very well done Eckoh. What more can I say? - apart from, I should think this will soon start things moving in the right direction once again....!

[mazarin] 23/11/2014 09:32

Thanks for adding the link and agree entirely, however, I particularly note the following line: (ECK) '....is expected to announce it has secured three contracts in the US since the summer, and eight in its core UK market, as well as renewing long-term deals with Barclays and Royal Mail...."
Are we to assume that these are on top of October's significant US Contract with CRC, Minnesota already announced? If this is the case we could be in for some very positive action soon.
I've been aware that we've been a bit short of additional Contract news lately, so perhaps the Company has now decided to combine these with their half yearly statements? As opposed to their previous practice of drip-feeding them when they're signed up.

[eatupkids] 23/11/2014 08:40

Nice article on Eckoh in the Telegraph today...looks like the PR company might have been busy?



Can't do us any harm when the markets open tomorrow...

[mazarin] 21/11/2014 13:35

Just a question of 'time'

[reallyrich] 21/11/2014 12:04

Based on past years results I expected more upward movement in the share price prior to the results

[mazarin] 21/11/2014 11:31

Interim results for six months ending on 30 September 2014 are due next Monday 24th November 2014

[mazarin] 12/11/2014 14:33

I found some comment today relating to Capita's current market position and thought it may 'indirectly' have some relevance to ECK, as its Security solutions and Call handling partner. Although Capita reports mixed fortunes it has just won £325M contract to run Co-op Bank's mortgage services business and is expected to achieve double digit growth next year.

[boadicea] 06/11/2014 19:52

That last observation is true for nearly all AIM stocks.
Mere prospects, however strong, earn a daily discount until converted to cash flow.

[septimus quaid] 06/11/2014 17:08

Eck is like a druggy, it needs a constant "fix" of good news

[reallyrich] 03/11/2014 07:35

I expect within the next 12-18 months the larger % of our business from the US. When that happens the company could well list in the US. Unless of course it gets taken over by then.

GLA

[boadicea] 31/10/2014 07:58

Interims have been brought forward one day to 24th Nov.

[mazarin] 22/10/2014 15:53

All noted Boadicea and thanks, in the meantime I see we're still slowly edging onwards and upwards after last week's 'lack of faith'.

[boadicea] 22/10/2014 11:52

mazarin - Definitely looks that way - See my note (507) of 14th (was actually also a Tuesday).

On a forward basis, if they keep performing as of late the rating does not look excessive (imho).

I have this in the same bracket as ACM.

Both have decent underlying earnings and margins, pay a dividend and appear to have the potential to continue a healthy rate of growth.

[mylands] 22/10/2014 11:01

Up nearly 30% from the dip-low of 33p less than two weeks ago. As they say, a roller-coaster of a ride!

[mazarin] 21/10/2014 16:22

It's interesting that last Monday the share price moved more rapidly after 1400hrs in the same fashion as today, that was more or less in time with US markets opening (1430hrs BST). Could it be that UK Aim listed shares can be traded in US and just a coincidence that ECK happened to announce its first US contract? Could it be that US investors are taking an interest in ECK?