Eleco Public Share Discussion Threads

[chrisdgb] 03/6/2016 10:48

Understood, but there does not seem to be much stock around...

[lgw500] 31/5/2016 17:54

.....indeed, 30p would be very nice. However, it looks like 2016 EPS will be at best 2p so that would put the company on a forward multiple of 15x. That seems high for a company that is irrelevant for most institutional investors and whose ownership is family controlled.

[chrisdgb] 31/5/2016 14:43

Would be nice to climb quietly back to the 30p level....

[lgw500] 31/5/2016 09:58

It would be my pleasure to meet you, clangor2. You seem such a charming gentleman. Maybe I could offer you some shares in Elecosoft at the current price. I am quite happy to provide you with all my contact details. How about lunch to chat through this all? I would love to sell my shares but, as you know, the market is a little bit thin on these shares.

By the way, I would never be rude about any person, whether it be yourself or the chairman. I would just ask what a small company has to gain from an ex-banker for a CEO who is not a software engineer. Would it not make sense to relinquish the executive role to one of the excellent engineers at ASTA and keep an eye on the PLC side of things as a non-excutive chairman?

I look forward to discussing these ideas over lunch, clangor2.

[clangor2] 27/5/2016 14:56

I see you're shouting your mouth off once again LGW500 or should that be Wiseboy1 as I suspect you're as one. Personal reasons means I haven't posted on ADVFN for yonks but still follow the odd three or four cos from the sidelines with this being one even tho' they cost me a few bob before I got out in 2009. I didn't moan at the time but your incessant bellyaching has brought me back.
What a cheek writing 'I hope someone asks some probing questions at the AGM' when it's you doing all of the whingeing. With your vast share holding, how come you didn't go to the AGM and blast this so called 'old, bumbling, bloodsucking and generally useless chairman' yourself ? But like most cowards, you've plenty of bravado behind the anonymity of a bulletin board but would no doubt become a simpering wretch if confronted face-to-face. Why don't you do the few posters who use this board a favour by selling-up before finally shutting-up !


PS. If the share price goes into free-fall next week I'll know you've taken this advice (LOL)

[lgw500] 26/5/2016 23:08

.......but just think what could be achieved if the HQ was moved out of London to ASTA's base (unlikely as the landlord is the chairman) and the chairman was replaced with a CEO who was a software engineer (unlikely as the chairman controls the company). This is a huge disappointment as there is such exciting potential which is just being wasted. What a shame!

[chrisdgb] 26/5/2016 14:31

Not sure very disappointing is the right phrase.????

Trading positive with new contracts.........

[lgw500] 26/5/2016 12:23

Very disappointing statement. Shocking to see a termination payment to the former CEO of £109,000. I hope someone asks some probing questions at the AGM. Management succession is a huge issue.

[ansc] 25/5/2016 14:02

A new website has appeared in the last couple of days. I haven't explored it in depth as yet but it appears pretty slick on first impression.

With the company broker having revised their 2016 forecast down a touch since the release of the annual results (presumably after talking with the company), am not expecting a great deal in the chairman's AGM statement tomorrow. Expansion still taking place by all accounts so a 'steady-as-she-goes' will suffice for me.

[chrisdgb] 23/5/2016 09:29

Hoping for a nice AGM update this week.........

[ansc] 12/5/2016 19:35

Another Astaproject success story:

[read full case study]

[chrisdgb] 12/5/2016 14:38

This link was on twitter:

hxxp://www.growthcompany.co.uk/news/2520666/elecosoft-constructs-a-strategy-for-growth.thtml

[ansc] 12/5/2016 14:11

chrisdgb: is there a link you could post? If not, what's the gist of the article? Thanks.

[chrisdgb] 12/5/2016 13:46

Nice write up in Growth Company Investor this week..

[rathkum] 11/5/2016 19:10

ansc: unfortunately our travel plans have been now been brought forward to the 25th so I won't be able to make it

Did meet up with Jason Ruddle at the Master Investors show last month along with Spratling. Both sounded mildly positive going forward. However the eps. forecast for 2016 (finncap?)has been revised to 1.3p hence the subdued reaction to the results. Perhaps Ketteley will sound a positive tone at the AGM. Would be good to know what he has to say from anyone attending.

[chrisdgb] 11/5/2016 14:57

Cenkos trading a nice bit of buying volume today..

[rathkum] 11/5/2016 11:59

I almost forgot about the AGM. I will be there for sure even though I was planning to travel that week.

[ansc] 11/5/2016 06:05

rathkum: Are you hoping to go to the AGM this year?

[ansc] 11/5/2016 06:05

Browsing through the 2015 Annual Report & Accounts last night, I was surprised (pleasantly) to find that T D Waterhouse now held a significant shareholding (3.02%) in the company as no requisite RNS had been issued to that effect. Other substantial shareholders had increased their holdings - H A Allen (+121,852) and J D Lee (+542,502) whereas G V & S M Oury had reduced theirs (-240,963).

Happy to see that others with much more at stake than me also hold a little faith in Elecosoft's management.

[ansc] 05/5/2016 09:29

Another feather in Asta Powerproject's hat:

[read full case study]

[lgw500] 03/5/2016 12:12

All this may well make sense. However, this AiM and, if you control enough shares, you can do what you like!

[lgw500] 03/5/2016 12:10

Don't forget the other large family share interests which would seem likely to always support Mr. Ketteley!

[wiseboy1] 01/5/2016 23:13

Nice to get some support
Anyone else ?

Why do you say that it would be difficult to do anything ?
Ketteley and family only have 16%.....small part of 100%

(Ketteley is imo taking excessive renumeration.....does that mean that other family members are plugged in as well....as managers or doing admin ? ....I hope not....but it seems quite common when someone is arguably taking advantage of a position of power at a UK listed co....