Eg Solutions Share Discussion Threads

[eagle eye] 01/2/2013 09:51

Hi oregano
I spoke to the FD on this issue. His reply wasn't specific, but he commented that EGS wanted to remain flexible towards opportunities.
He wouldn't say any more than that.

[oregano] 01/2/2013 09:19

Eagle Eye - did they give any indication of where they were with the fund raising or the scale of the opportunity they were raising funds for? thanks.

[tech] 31/1/2013 15:44

Nice move today, Techinvest out this weekend

[geraldus] 31/1/2013 15:11

Thanks eagle eye for the feedback.

[eagle eye] 31/1/2013 12:18

EGS gave a good account of themselves at the Investors Form.
Quite a lot of investor interest - their stand was busy throughout the day.
The share price has broken out into a 12 month high this morning, but it doesn't take much volume to get the share price moving.
Well done EGS for making the effort to spread the story.

[geraldus] 30/1/2013 20:16

Anybody see EGS at the Investors Forum,if they did it certainly hasn't resulted in much buying.

[tradervic] 11/1/2013 10:59

Elizabeth Gooch, CEO of eg Solutions to present at the London Innovators and Investors Forum

It is our pleasure to invite you to attend the forthcoming Innovators & Investors Forum on the 29th January 2013 at the Business Design Centre, London. This will be an exclusive invitation only event organised by Shares Magazine and Cenkos Securities.

As an active private investor, we are sure you would appreciate this unique opportunity to receive privileged access to 30 diverse, forward thinking and energetic technology companies at a single event.

Many of the exhibiting companies are currently involved in some very exciting projects in an effort to drive future growth, and development within their industries.

The event will be supported with an extensive conference program, including keynote speakers and company presentations.

We sincerely hope you are able to attend and that you find the experience both profitable and enlightening. Companies represented include:

1Spatial
Avanti Communications
Bango
Bond International Software Group
Brady
CML Microsystems
Corac
Cyan Holdings
eg Solutions
Energetix Group
eServGlobal
Forbidden Technologies
Fusion IP
Globo
incadea
InternetQ
IQE
KBC Advanced Technologies
Netcall
Optimal Payments
Plastics Capital
Probability
Quindell Portfolio
StatPro Group
WANdisco


Event time: 12.30pm to 5.30pm

Complimentary refreshments and luncheon provided

To register for this event please


CONFERENCE AGENDA AS AT 09.01.13
(To be updated once presentation speakers are confirmed)

12:30 Registration & Lunch

14:00 Keynote speaker - Richard Penny, Senior Fund Manager - Legal and General

14:15 Shares Magazine presentation - Russ Mould, Editorial Director

14:30 Company presentation - David Richards, President & CEO - WANdisco

14:45 Company presentation - Henrik Bang, CEO - Netcall

15:00 Company presentation - Marcus Hanke, CEO - 1Spatial

15:15 Company presentation - tbc

15:30 Coffee Break

16:00 Company presentation - Stephen Blundell, CFO - eServGlobal

16:15 Company presentation - David Baynes, CEO - Fusion IP

16:30 Company presentation - Stephen Streater, CEO - Forbidden Technologies

16:45 Company presentation - Charles Cohen, CEO - Probability

17:00 Company presentation - Simon Smith, Non-Executive Director - Cyan Holdings

17:15 Close

This agenda is subject to change and alterations

For further information, please visit our

[geraldus] 09/1/2013 17:07

Anybody go to the meeting today.I see the result was for 2000,000 shares pre emptive when they stated they required 5000,000 for an effective fund raising.

[eagle eye] 07/1/2013 09:18

Chart breakout and 12 month high this morning at 92p

[oregano] 19/12/2012 10:03

it will be interesting to see. the market is short of good stories, and in the statement they again refer to opportunities being "financially transformational". This being the case, I am not convinced a significant discount will be required.

[geraldus] 18/12/2012 15:32

Looks like after todays announcement they are after some cash,wonder what price for the placing if they choose that route.

[oregano] 21/11/2012 14:04

I have been wondering what is behind this rise. the recent results state:

"A major focus of management and financial resources for the period was on new projects following significant new client wins, including those with the potential to transform eg's financial performance."

On the 7th of March EGS stated.

"The contract, initially covering 3,250 users in Europe and India, has been awarded by the client as part of its drive towards cost efficiencies within its Consumer and Corporate Banking divisions.

The client has also appointed eg as its preferred supplier for back office workforce optimisation software and has entered into a global master agreement. Subject to successful completion of the initial contract, software licence deployment will continue across the company with a minimum of 30,000 licences anticipated across the enterprise"

Putting the 30k licences into context, EGS currently has 41k end users.

ie this would certainly be financially transformational as they elude in my second paragraph. Maybe this has occurred.

[tara7] 21/11/2012 09:23

I see this company is up 7 days in a row, and sells software.

PTO is also up 7 days in a row and also sells software.

PTO has written of the full cost of its new software as it went along.

Thus when it sells the software the margins are big.

Also has just short of a £20M tax loss to use up.

Market cap is less than here.

Looks like both companies are in for a very, very, good run over the next few years.

good luck here.

[the prophet] 21/11/2012 00:48

OtGeraldusMany thanks, will check that out.

[marginal comment] 20/11/2012 23:54

I bought at 80p years back. Now showing a profit again.

The aged Ps bought at 40p so will be well pleased.

This company has some history of overtrading and lack of overhead control. Let us hope that things run more smoothly this time.

[geraldus] 20/11/2012 21:15

The Prophet,O/T - I know T'vest have tipped Maxima previously,aquired since by Redstone,which is now starting to look interesting with todays RNS. G.Spotts

[geraldus] 20/11/2012 16:48

Certainly building up a head of steam now,must be due a retracement by the look of that graph

[oregano] 20/11/2012 15:38

i see Panmure pushed this yesterday. 115p target,

[tech] 20/11/2012 14:10

re-rating under way

[geraldus] 15/11/2012 16:44

Lots of buys recently,but still a fairly quiet board.Hopefully looking good to the mid eighties. (%}

[tech] 14/11/2012 08:17

on the move again

[geraldus] 13/11/2012 10:53

The Prophet - You have more information than me to chew on and appreciate you bringing the above to light.The various amortisation/debt policies regarding this and others don't do any favours when trying to evaluate the prospects,need to sing from the same hymn sheet,but then this is AIM.- Will be holding for now.

[the prophet] 13/11/2012 10:15

geraldus, no problems, forgot advfn operate a two tier message system!

-re the Panmure note, having read it fully,the situation looks good but nowhere near as good as the Techinvest article would have one believe, the reason for that is PG work out an eps adding back the amortisation for R&D, which is an essential cost of the business and one that I see no reason to add back in. The result is the following:

f/y 2012 PG are reporting 5.5p eps where everyone else has reported 1.1p!
f/y 2013 forecast, PG forecasting 9.5p, but the figure inc. amortised software is 3.1p
f/y 2014 forecastr, PG 14.3p, 'proper' figure is 7.4p.

The thrust of the techinvest article was PG looks attractive on a modest forward p/e, but the basis for that opinion is, imo, flawed!

That is not to say EGS is a bad company, or that the forward figs are not showing strong growth, just that it is not as attractive as one first thought!

[geraldus] 13/11/2012 07:59

Also according to poster'mulled wine'on LSE,he states that the Panmure note claims - EG has 41 international customers and the size of newly won contracts have increased nearly ten fold recently. - Sounds good.