We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Escher Grp | ESCH | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 189.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 189.50 | 189.50 |
| Top Posts |
|---|
Posted at 03/6/2016 16:47 by wexboy 2016 – The Great Irish Share Valuation Project (Part II):Company: Escher Group Holdings (ESCH:LN) Last TGISVP Post: Here Market Cap: GBP 31 M Price: GBP 167.5p Oh dear, yet another offensive write-up of mine: With ESCH at 330p per share (having peaked at 395p per share a couple of months earlier), I set a price target of 119p per share! Yup, we have plenty of special snowflakes out there who thought they were the chosen ones to discover what was surely an incredible high margin recurring revenue machine… Maybe so – except I came along & reminded them if doesn’t quack like a duck & it doesn’t look like a duck, it may not be a duck….which they didna’ like at all. And two years later, I’m sure they don’t like the fact I was bloody correct! But eventually you wake up and recognise the timeline & figures just don’t match the story – hence, the relentless decline in the ESCH share price over the last two years. There’s been a blizzard of contract signings reported, included some new areas of business (like e-government & mobile rewards/payments), but little visible sign of them since. The only obvious positive to report is the increasing level of contracted & recurring revenue, which should reach 50% of total revenue in 2016. That’s great, but unfortunately I predicted a side-effect: ‘One way or the other, the transition will likely present another revenue growth challenge’. And consequently…r Cash flow looks better, but that’s due to a substantial swing in working capital – in reality, free cash flow in the last two years was zero. Which means we’re still a long long way from the historic 31% operating margins Escher clocked in the past. Again, we’ll split the difference between FCF & peak operating margins – which suggests a 1.5 P/S multiple is still appropriate, with no adjustments necessary for cash/debt (net debt’s actually $2.7 million): USD 22.0 M Rev * 1.5 P/S / 1.4623 GBP/USD / 18.7 M shares = GBP 121p Escher remains fairly over-valued. Unless we see a decisive inflection point in the numbers, the shares will keep grinding lower as disappointed shareholders bail. But last week’s announcement was interesting – Stephen McLeod will be appointed a Senior Independent Director. Regular readers here will recognise him as the former CEO of Universe Group (UNG:LN), which was previously a big favourite & winner for me. In fact, if the CEO Liam Church didn’t own 12% of Escher, I’d wager McLeod was being lined up for an executive post…but even his contribution as a director could prove valuable here. Price Target: GBP 121p Upside/(Downside): (28)% For related links/graphs/files, and more TGISVP analyses/price targets: Google the Wexboy investment blog. |
Posted at 17/5/2016 13:11 by thomasthetank1 Read Panmure Gordon & Co's note on ESCHER GROUP HOLDINGS PLC (ESCH), out this morning, by visiting hxxps://www.research"Whilst we leave our FY2016E estimates unchanged we are very encouraged that Escher has de-risked its FY outlook in the wake of signing the Vietnam Post contract. The contract further consolidates Escher’s position as the leader and ‘one to beat’ in the global Postal Authority market – its market share racks up with now the 36th country signature. The contract value appears to be significantly larger than we had expected and involves multiple revenue streams (licence, maintenance subscription and professional services). Also; ..." |
Posted at 13/5/2016 12:32 by thomasthetank1 Read Panmure Gordon & Co's note on ESCHER GROUP HOLDINGS PLC (ESCH), out this morning, by visiting hxxps://www.research"The new contract with Vietnam Post shows Escher further consolidate its position as the leader and ‘one to beat’ in the global Postal Authority market. While the contract value was not disclosed, usual in this industry, the deal is likely to be multi-year and involve a number of revenue streams spanning license, maintenance subscription and professional services. We note that the announcement suggests that there is an upsell opportunity. The contract was also likely to have been a competitive win, so Escher again demonstrate..." |
Posted at 09/5/2016 13:13 by thomasthetank1 Read Panmure Gordon & Co's note on ESCHER GROUP HOLDINGS PLC (ESCH), out this morning, by visiting hxxps://www.research"News of the new loyalty pilot platform at Saudi Post is an excellent 'upsell' for Escher. It also dovetails into our view that Escher has developed a portfolio of software and services which migrate Postal Authorities from the analogue to digital worlds. We like ‘loyalty’ |
Posted at 07/1/2015 16:45 by jeffcranbounre Escher is mentioned in today's (07/01/2015) ADVFN podcast.To listen to the podcast click here> In today's podcast: - Brenda Kelly, Chief Market Strategist at IG.com chats about Tesco, Sainbury's, BP, Tullow Oil and more. Brenda on Twitter is @BrendaKelly_IG - And the micro and macro news including: Quindell #QPP Tesco #TSCO BP #BP. Tullow Oil #TLW Sainsbury's #SBRY Galliford Try #GFRD Aggreko #AGK Persimmon #PSN Easyjet #EZJ Keller Group #KLR Boohoo #BOO Majestic Wine #MJW Royal Dutch Shell #RDSB Escher Group #ESCH Sepura #SEP Anglo American #AAL Shanks Group #SKS Punch Taverns #PUB Enterprise Inns #ETI Imagination Technologies #IMG Every Tuesday is Ten Bagger Tuesday on the podcast. If you know of a stock, whose share price has the potential to increase ten fold, just click the link below. Ten Bagger Tuesday (All it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast). Once a week, on a Friday, I feature a tip from a listener to this podcast, if you'd like to suggest a stock click the link below: Suggest a stock (Again all it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast). You can subscribe to this podcast in iTunes by clicking HERE To follow me on Twitter click HERE As a listener to the ADVFN podcast you can take advantage of some exclusive first year discounts on popular subscriptions: Bronze - £50 (normally £73.82/year) Silver - £145 (normally £173.71/year) Level 2 - £350 (normally £472.94/year) Call 0207 0700 961 and ask for the ADVFN Podcast discount to take advantage of these reduced rates or just CLICK HERE for more information. Please DO NOT buy any stock recommended in this podcast basely solely on what you hear. The opinions in this podcasts are just that, opinions. Please do you own research before investing. Justin |
Posted at 07/1/2015 10:28 by aishah Trading statementEscher Group Holdings plc (AIM: ESCH, "Escher" or "the Group"), a world-leading provider of outsourced, point of sale software to the postal industry, is providing a trading statement as a sizeable license agreement did not conclude before year end. Negotiations on this agreement are continuing into 2015. Overall Group revenues are expected to be down 15% year-on-year and Adjusted EBITDA for the year ended 31 December 2014 will be materially below current market expectations. |
Posted at 10/6/2014 21:23 by aishah I'm slightly amazed to see ESCH shareholders still keeping the faith in fact, they've pushed the share price higher (though it's backed off from a March high of 395p). But with 42% of Escher owned by management, and another 40% in the hands of its three main institutional investors, the share price isn't necessarily that representative of underlying intrinsic value anyway. The company's 2013 performance definitely struck a bum note vs. the high growth/high margin story shareholders bought into so enthusiastically. Revenues only increased 8% to USD 24.7 million, putting ESCH on a 4.2 Price/Sales multiple!That looks pretty rich when its operating free cash flow margin's averaged just 6.8% in the past two years, while free cash flow was negligible. Even more so, when you ponder its revenue composition: A whopping 50% of Escher's revenue comes from its top 2 customers, plus software development & consulting's actually been the key revenue growth driver in the past 2 years (and is now almost 50% of total revenue). Now, we can obviously expect a migration from consulting revenue to recurring contract revenue, but how much & when are crucial questions. One way or the other, the transition will likely present another revenue growth challenge. [However, I'm encouraged by promising signs of diversification into e-government, and mobile loyalty, reward & payment - though I suspect these are small revenue streams for the moment. Revenue of USD 6 M deferred into H1-2014 is encouraging too - but doesn't necessarily guarantee a blockbuster year]. Historically, Escher has managed to clock up 30%+ operating margins which intuitively makes sense for this kind of business unfortunately, those margins are likely to remain out of reach in the near/medium-term. Right now, for valuation purposes, let's bridge the gap by assuming ESCH can re-attain half those margins and I mean on a cash flow basis which deserves a 1.5 Price/Sales multiple. With cash & debt broadly similar, and free cash flow roughly neutral, we can ignore any potential cash/debt adjustments: USD 24.7 M Revenue * 1.5 P/S / 1.6719 GBP/USD / 18.7 M shares = GBP 119p Escher remains substantially over-valued. While a share price of 330p might reflect the future outlook for ESCH, it certainly doesn't appear to adequately reflect the gap (& the risks) between today's financials & that potential future... Time will tell investors may simply prefer to keep focusing on a diet of fresh contracts/news flow, rather than profits. Price Target: GBP 119p Upside/(Downside): (64)% |
Posted at 09/6/2014 08:49 by aishah Escher Group Holdings plcEscher update on customer rollout Escher Group Holdings plc, (AIM: ESCH, "Escher" or "the Group"), a world-leading provider of outsourced, point of sale software to the postal industry, updates its guidance on when it will fully recognise license revenue from a customer. Escher will recognise $1.8m of the outstanding $6m licensing revenue in the first half of 2014, with the remainder now expected in the second half of 2014. For the year as a whole, the Group continues to trade in line with Board's expectations. The customer is currently rolling out Escher's software to its Post Office network but more slowly than originally anticipated. However, the Board remains confident that the customer will have deployed the software to a sufficient number of workstations to trigger the full license payment in the second half of 2014. Liam Church, Escher's CEO said: "Our software is currently live in a number of the customer's post offices and the rollout is expanding on a weekly basis. We continue to support the customer in a large and complex software deployment exercise." |
Posted at 07/3/2014 07:11 by battlebus2 7 March 2014Escher Group Holdings plc Mobile wallet contract win with food retailer, Just Falafel Escher Group Holdings plc (AIM: ESCH, "Escher" or the "Group"), a world-leading provider of outsourced, point-of-service software to the postal industry, announces that it has signed a contract with international food retail chain, Just Falafel, for the provision of a loyalty, coupon and pre-payment solution across its retail outlets in the UK. Escher will deliver a tailored mobile wallet solution to Just Falafel in the UK market. It will launch this month in the Fulham store followed by a rollout in all Just Falafel stores throughout the UK. Escher's innovative mobile wallet technology will enhance Just Falafel's ability to engage with their customers in a more relevant way, by giving them meaningful rewards for their purchases. The mobile wallet will provide a greater service experience to customers too, allowing them to make closed loop payments using a secure dynamic QR code as identity for payment. This functionality and the delivery of relevant content and offers to its customers will support Just Falafel's customer loyalty and acquisition goals. Liam Church, Chief Executive of Escher Group said: "With increasing competition on the high street, businesses are constantly seeking ways to differentiate themselves. Providing customers with rewards for their custom and convenience in how they can fulfill their purchases is a key way for retailers to define and strengthen their offering. "Our mobile wallet solution for loyalty and couponing has been hugely successful with our existing customers. Furthermore, our secure pre-payment technology is enabling businesses to offer their customers something unique in today's marketplace". Since 2012, Escher's mobile wallet solutions have been deployed to over sixty high street retailers throughout Ireland. Brands include Daybreak convenience store, Health Matters, Finnbees Coffee House, Graham O'Sullivan and most recently the newly launched food court Green and Baker in Dublin's prime shopping centre, St Stephen's Green. Just Falafel is a vegetarian fast food chain of restaurants. Founded in 2007 from a single restaurant in Abu Dubai it has grown to be the biggest falafel franchise in the world with 47 stores, and agreements signed with commitment of developing more than 903 outlets in 18 different countries. |
Posted at 06/12/2013 07:29 by battlebus2 Some good news today..Escher Group Holdings PLC The South African Post Office licenses RiposteTrEx Alert TIDMESCH RNS Number : 8642U Escher Group Holdings PLC 06 December 2013 6 December 2013 Escher Group Holdings plc The South African Post Office licenses digital mail offering, RiposteTrEx Escher Group Holdings plc, (AIM: ESCH, "Escher" or "the Group"), a world-leading provider of outsourced, point of sale software to the postal industry, announces that the South African Post Office has selected the RiposteTrEx(TM) platform to deliver its eRegistered mail solution following a rigorous tender process. The South African Post Office will, through this platform, provide eRegistered mail services to the country's more than 51 million citizens. Escher's solution, RiposteTrEx(TM) is a secure, scalable high preforming platform for "digital correspondence". The RiposteTrEx(TM) platform heralds a new phase in the evolution of secure e-services and digital communication. Pauline Kenna, Director of Digital Services at Escher Group said: "We at Escher have focused a lot of time and investment into understanding the rapidly changing communications landscape, and how citizens are looking to be connected in a secure and accessible manner. The whole Escher team is looking forward to delivering RiposteTrEx(TM) to the South African Post Office". RiposteTrEx(TM) will allow South African Post users including, citizens, government, business and SME's to send eRegistered and confidential mail to secure digital mailboxes, or as registered hybrid letters. Liam Church, Chief Executive of Escher Group said: "Consistent with our goal to help Posts provide more services to Government, I am delighted that the South African Post Office has chosen Escher's RiposteTrEx(TM) platform to deliver digital services to the country's citizens. "RiposteTrex(TM) is our solution for eGovernment, allowing citizens, governments and businesses to communicate and transact with each other anytime and from anywhere. This capability will be key as more governments evaluate their digital services provision." |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
