Escher Grp Share Discussion Threads

[battlebus2] 01/11/2013 09:01

Bid moving up looks like it's been well overdone to me. Time to add.

[battlebus2] 01/11/2013 08:50

Thanks for your insight Knackers, i suspect not many will sell at 250.

[knackers] 01/11/2013 08:42

99.9% prob of it being realised in H1. The coding work is complete. Even a SAP roll-out doesn't take that long! and a large part of that would entail detailed/customised staff EUT and TTT.

The good news is Escher are helping with the deployment ;o) should bolster service revenues nicely this FY.

[knackers] 01/11/2013 08:36

Actually that mark off is a bit of a nonsense. Don't think there was any expectation set with the market that the USPS licence would be paid this FY anyway! It was always an outside chance. Perhaps given recent upward movement there was concern that 'word' of the deployment phase underway meant that they needed to reel things in. As above - good for them.

I guess we can look fwd to a +ve trading update in Q1 as opposed to Dec!

[battlebus2] 01/11/2013 08:32

Choking more like, what's the chances of further delays in the roll out i wonder.

[knackers] 01/11/2013 08:19

Well the roll-out is across about 40,000 workstations! and recognition of the full licence fee was always conditional on deployment.

Two good takeaways:

1. Management openness/information flow
2. The technology has been delivered
3. Otherwise all on track

Slightly harsh treatment this morning (cough!)

[battlebus2] 01/11/2013 08:17

Punished badly on that news :(( Overdone now imv.

[battlebus2] 01/11/2013 07:28

Not quite Knackers-Escher revises estimate of license recognition

Escher Group Holdings plc, (AIM: ESCH, "Escher" or "the Group"), a world-leading provider of outsourced, point of sale software to the postal industry, has revised its estimate of when it will recognise license revenue from a customer from Q4 2013 to the first half of 2014. As a result, Escher believes it will not be in a position to recognise approximately $6m of license revenue until the first half of 2014.

Escher has delivered the required software but is of the opinion that the customer will not have deployed the software to a sufficient number of workstations to trigger full license payment by year end.

Liam Church, Escher's CEO said:

"We remain pleased with progress on this project. We have delivered our software to the customer, the software is currently live in a number of post offices and we are now supporting the customer in a large and complex software deployment exercise.

"The rest of the business continues to trade in line with Board expectations."

[knackers] 28/10/2013 08:58

I could be wide of the mark but it does look like the USPS project has entered the deployment phase. s/w deployment specialists, technicians and engineers being sought with experience in "Escher s/w" or "other retail system s/w". If so, a significant milestone/achievement for Escher which bodes well for H2/13 licence revenues and earnings.

hxxp://www.indeed.com/jobs?q=escher+retail&l=

[knackers] 25/10/2013 10:51

Protecting gains..? For sure, not easy making sense/drawing conclusions from trading in this Co. The last week or so has been too strange. Expect more shenanigans.

[battlebus2] 25/10/2013 09:29

Yep for sure they are still short of stock, why sell on a 10% rise though.

[knackers] 25/10/2013 09:26

MMs will want to shake it about a bit to unsettle recent purchasers, Battle. But more than likely they'll still be short of stock. ESCH has a history, albeit short, of considerable volatility.

[battlebus2] 25/10/2013 09:15

More selling this morning knocking the stuffing out of the recent rise.

[battlebus2] 23/10/2013 17:32

Don't think they can hold this back for long, this technology will be a winner in due course.

[43rick] 23/10/2013 17:27

bizarre manipulation this am - several buys from 310p up to 314p on level 2 which soon disappeared from view! Presumably this was to give potential profit takers the impression the big buyer had stopped!

[battlebus2] 23/10/2013 15:27

LOL, yep a serious buyer in the background indeed.

[knackers] 23/10/2013 15:26

Some manipulation going on here, but I doubt that will achieve much - with that trade the buyer has declared themselves and their intentions.

Gently on the Bentley

[battlebus2] 23/10/2013 15:15

Nice 20k buy :))

[battlebus2] 23/10/2013 15:10

A few sellers this afternoon banking profits, long way to go imv.

[knackers] 23/10/2013 12:07

No question, recent trading has been highly irregular. Odd patterns first emerging several wks back with trades on the bid and yet no mark down. Convinced someone's been in the mkt for these since the interims. So either an II taking a position recognising the value or PIs with 'insight' buying ahead of news flow. The share, despite considerable favourable coverage from PG is still some way off the radars of PIs. So indeed could well be an II.

[43rick] 23/10/2013 08:21

up to 305/309p now

[43rick] 23/10/2013 08:15

I wonder if I am right about recent trading being a slowly slowly catchy monkey approach to provide shares for an ii at the lowest possible price - an approach designed to gradually flush out shares as the share price is gradually increased by a clever computer program

[battlebus2] 23/10/2013 07:52

Yes i noticed those pre market buys, why one wonders??

[43rick] 23/10/2013 07:51

the first presumably computer generated buy has already gone through - at 7:34 - this has been the pattern in recent days

looks as if we shall see another day of presumably computer generated gradual acquisition by a ii at a share price for decent volume which is much lower than that available on line

[knackers] 22/10/2013 10:53

Yup market for these (at these prices) has become dysfunctional. MMs need to get on with re-rating this share to resume a degree of normality. Think you're right Battle look for £3.50-£4 pronto

Heaven knows there's some utter c&&p out there that's been put through the roof recently..!