Share Name Share Symbol Market Type Share ISIN Share Description
Etechnology LSE:ETH London Ordinary Share GB0009202275 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 38.00p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial - - - - 0.00

Etechnology Share Discussion Threads

Showing 26 to 49 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
20/7/2006
09:35
SLG through the floor - what nav now?
gelp
27/5/2006
09:18
my posts are on the Gateway site now GTW (VCT)
gelp
27/5/2006
09:02
Sunburst:I have emailed you hope you get it.
gelp
23/5/2006
07:28
Sunburst. Thanks for the reply. I am in Spain for a few days in an internet cafe. I will email you at the weekend.
gelp
22/5/2006
01:52
Hello Gelp As you say, we are in exactly the same position. The reason I say there is no way out, is because of the reason I posted on another BB (see below) I would also like to go to the next agm; I am looking for the date. My contact address is sunburst12002@yahoo.com. Posted elsewhere on 28-02-06 Today a shareholder sold 3000 shares. This small sale sent the price from 40p to 32p. I know this is partly because of the way the government structured VCTs; after the initial offering they are difficult to sell. However, this kind of drop seems to mean that the recent share prices of 40p and now 32p are in practice fantasy prices. Have I got this wrong?
sunburst
12/5/2006
12:30
I am a fellow investor in exactly the same position as your self. Originally put lump at the outset for cgt relief etc etc etc. It sounds as if you have some suggestion to make. I am not sure you are correct when you say there is no way out, undoubtably there will be a way out - but whether it is beneficial is the question. We can sell at 32 pence today! There is confusion I think as I keep looking on Gateway vct for articles not etech as it is meant to be gone!. I intend to go to the next agm , bout september, but if you would like to communicate with me kindly give a contact number and I will call you.
gelp
03/5/2006
21:14
Is there anyone "out there" who is a fellow investor in Gateway VCT (formerly e-technology VCT), now trapped in this investment? It seems we have no way out and the managers just have to keep things ticking over, whilst collecting their remuneration. I would be glad to hear from any of you with a view to getting as much of our original investment back as we can.
sunburst
29/12/2005
09:03
Sarantel taking a battering. Although order delayed not cancelled. Any view of next ETH net assett figure? I cant see ETH buying more though the shares loook cheap cos of weighting.
gelp
20/9/2005
19:59
ETH have started buying in their own shares - at 35p. They obviously believe that since their NAV is around twice the buy-in price the current price is a steal. And who can blame them? http://www.companyannouncements.net/cgi-bin/articles/200509200954144836R.html Sarantel, Pilat Media Global and Vectura, by far the biggest quoted holdings, all look like they're on the way up. Since ETH has a m/cap of just £5.8m it wouldn't take much of an increase in the 1.15m Vectura shares, the 1.5m PGB shares or the 3.35m Sarantel shares and options to see the huge discount to NAV get a lot wider.
rivaldo
09/8/2005
18:45
Missed this - the NAV at 30/6 was 65.03p: http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=1035676&source=RNS Sarantel, Vectura, Pilat and Deltex are all above or roughly the same as at 30/6, so the NAV could well have gone up a few more pence. Good to see the price rebound a bit today - about time for a share buy back methinks? I bet you can still buy well inside the full offer price, which remains a big discount to NAV. And the quoted NAV doesn't include the uplift on the Sarantel options, which I reckon adds another 3.5p to NAV, probably taking it well above 70p.
rivaldo
28/4/2005
09:00
Sarantel slipped lately, as we know. Think it is more general market malaise that any specific problem with SLG though. Today's announcement from Sarantel seems pretty upbeat, on-track for what it promised some time ago. Expect the price to tick up again when the market & other retail investors have digested it.
damanko
28/4/2005
06:44
rivaldo also very much appreciated - have ETH VCT. There is SLG trading state today.
gelp
19/3/2005
21:28
Excellent detective work, rivaldo. Appreciated.
luafc
18/3/2005
22:33
Hi luafc, good to see someone takes notice of these things! I can't believe the price has now slipped back - you got a good price. Probably at just under 50% discount to NAV! I can see Sarantel going to £2, whether because of shortage of available stock due to lock-ins, newsflow or a takeover. In which case ETH's NAV would go over £1... I also have great hopes for one of ETH's other big unquoted investments, Burgundy Global. From what I can see this is a globally successful business at a low valuation. I originally got the options info from one of the ETH directors, but then saw this to confirm it: http://www.thechilli.com/articles/markets/high-tech/H041_dueSarantel.asp "The company had previously raised a total of £14 million from a group of VC and VCT investors, which includes Foresight VCT, TriVest VCT, eTechnology VCT and MTI Partners, prior to the AIM listing. MTI partners and Foresight VCT will remain significant shareholders with 21% and 17 % share of the enlarged share capital respectively. Existing shareholders and directors have shown extra confidence in the company and will hold on to their shares for a 36-month lock up period. eTechnology has warrants to subscribe to an additional 900,000 shares at 33p."
rivaldo
18/3/2005
17:56
rivaldo: took a small punt on these. Bought 5k shares at 42. Incidentally, precisely where is the info showing the 900k options? Thanks for your posting on this, which put me on to them. The risk is there are poor exit facilities here if Sarantel tanks - but the upside is there if it doesn't and the rest at least plod on steadily.
luafc
15/3/2005
10:53
Sarantel is now up to 127p. IMO that takes ETH's NAV to around £11.15m, or around 82p per share, but you can currently buy a substantial number of ETH shares online for 50p.
rivaldo
08/3/2005
22:24
Thx damanko, good post. Yep, the major VC's are locked in to Sarantel from what I understand. I think we can be reasonably sure that they would have got out if they wanted to - my guess is that Sarantel will be taken out/over within a year or two. I'll have to look at finfoex.com - ta for the suggestion. I have to commend you on your VCT choice - the Foresight boys sure know how to find winners. I'd be buying myself, but my impression is the price has run ahead of itself slightly. So good luck with FTVC -but imo the upside is far greater with ETH!
rivaldo
08/3/2005
15:59
Rivaldo, good luck on ETH, if your figures are correct you have a bargain, and others may follow. I've followed your postings on ETH & SLG with interest. However, as a holder of Foresight "C", I have more than enough exposure to VCT's. One point though, FTVC floated a little over 5 years ago, at £1.00, so are still a little off their original price (though better than the 48p this time last year.....). There is probably a lot of value in some of the VCT's floated in the past few years, though as I'm sure you know, sorting the wheat from the chaff -- in terms of investee companies, is very difficult. Good "techie" contacts would help, I imagine. I ain't one. Oxonica & ANT will, as you mentioned, come to the block soon. I quite like the look of www.broadreachnet.com as well, though a float seems some way off. An announcement is due tomorrow from Foresight re NAV, though I fear it may only be up to 31/12/04, I hope I'm wrong. I read that existing investors (ie ETH, FTVC & a couple of others) have signed a lock-in agreement regarding Sarantel. 2 ways to look at that. 1: No early exit/dividend for VCT shareholders.......or 2: The VCT's are so confident about Sarantel's prospects that they don't see the need to offload now, for a short term gain. In any case, good luck with ETH. Have you tried www.finfoex.com ? If not you may feel it is worth a look, pleanty of OFEX, VCT & smaller AIM stuff discussed there without some of the funny business on other boards. Regards damanko
damanko
08/3/2005
01:00
see that cavendish are trying out a second vct. might help give eth a bit more clout - or something to merge into?
rambutan2
07/3/2005
18:58
LOL r2 :o)) Never mind, we're all celebrating on FLT eh? Ta for the Citywire article. So no-one interested in a 40% discount to NAV then? ETH are effectively giving away discounted shares in Sarantel, with 2.45m Sarantel shares and 900,000 Sarantel options on an ETH m/cap of just £6.8m. Sarantel currently trade at 110.5p.
rivaldo
06/3/2005
18:35
kicking myself a bit rivaldo as a couple of months ago i tried to buy into eth at 30p, having had a look at its port. but i tried to drive too hard a bargain and didnt get filled and sort of got distracted by other things. agree that still prob a good buy, but not as good a one as at 31p!
rambutan2
06/3/2005
17:12
I reckon E-technology VCT's current NAV is around 80p compared to the current mid-price of 42.5p (a m/cap of only £5.78m). In addition: - my understanding is there's no CGT to pay on profits on secondhand VCT shares acquired in the open market - ETH has plenty of tax losses, so shouldn't have to pay any tax itself for a long time, i.e no discount to NAV need be allowed for this - I was recently offered some shares at 45p, i.e inside the 50p offer, so you may be able to snap up some shares cheaply The reason for the discount imo is because few have cottoned on that ETH has a decent 8% stake in the recently floated Sarantel (SLG). ETH's Sarantel holding is: 2,452,448 shares last valued at 50p each - SGL's current price is 112.5p. 900,000 options exerciseable at 33p each (per an ETH director) The options came as a pleasant surprise to me as they weren't mentioned in ETH's last results RNS: http://www.uk-wire.com/cgi-bin/articles/200411120700021276F.html Here's the Sarantel IPO RNS: http://www.uk-wire.com/cgi-bin/articles/200502150730016069I.html ETH's last NAV was 61.68p at 30/9/04, i.e £8.4m net assets on 13.6m shares. The uplift on the Sarantel shares at 112.5p is around £1.53m, and on the options around £0.72m, i.e £2.25m in total. This takes ETH's NAV to over 78p. ETH's other quoted holdings are roughly stable, except for its holding in Vectura, which is increasing fast and has also increased NAV by another 2p to 80p. Risks: - ETH is illiquid and the spread wide, though I managed to get shares inside the spread and, as I say, there were more available - The other unquoted holdings may not be worth their valuations. My take is that these would now be valued at the bottom end having made it through the dark years, and if anything could provide more upside. But given ETH's current tiny m/cap, any further uplift in Sarantel will provide disproportionate uplift in ETH. The Sarantel float was oversubscribed 5 times, so there's plenty of demand for it. My guess is that the venture capitalist shareholders will see it sold to the Americans in the next year or two at 50%-100% higher than the current price. Given the minimal downside in buying at 45p or so imo, the choice is yours....and remember, no CGT!!
rivaldo
05/3/2005
12:05
I reckon E-technology VCT's current NAV is around 80p compared to the current mid-price of 42.5p (a m/cap of only £5.78m). In addition: - my understanding is there's no CGT to pay on profits on secondhand VCT shares acquired in the open market - ETH has plenty of tax losses, so shouldn't have to pay any tax itself for a long time, i.e no discount to NAV need be allowed for this - I was recently offered some shares at 45p, i.e inside the 50p offer, so you may be able to snap up some shares cheaply The reason for the discount imo is because few have cottoned on that ETH has a decent 8% stake in the recently floated Sarantel (SLG). ETH's Sarantel holding is: 2,452,448 shares last valued at 50p each - SGL's current price is 112.5p. 900,000 options exerciseable at 33p each (per an ETH director) The options came as a pleasant surprise to me as they weren't mentioned in ETH's last results RNS: http://www.uk-wire.com/cgi-bin/articles/200411120700021276F.html Here's the Sarantel IPO RNS: http://www.uk-wire.com/cgi-bin/articles/200502150730016069I.html ETH's last NAV was 61.68p at 30/9/04, i.e £8.4m net assets on 13.6m shares. The uplift on the Sarantel shares at 112.5p is around £1.53m, and on the options around £0.72m, i.e £2.25m in total. This takes ETH's NAV to over 78p. ETH's other quoted holdings are roughly stable, except for its holding in Vectura, which is increasing fast and has also increased NAV by another 2p to 80p. Risks: - ETH is illiquid and the spread wide, though I managed to get shares inside the spread and, as I say, there were more available - The other unquoted holdings may not be worth their valuations. My take is that these would now be valued at the bottom end having made it through the dark years, and if anything could provide more upside. But given ETH's current tiny m/cap, any further uplift in Sarantel will provide disproportinate uplift. The Sarantel float was oversubscribed 5 times, so there's plenty of demand for it. My guess is that the venture capitalist shareholders will see it sold to the Americans in the next year or two at 50%-100% higher than the current price. Given the minimal downside in buying at 45p or so imo, the choice is yours....and remember, no CGT!!
rivaldo
22/2/2005
22:39
why has price gone up 30% today. is someone making money out of our misery?
gelp
Chat Pages: 2  1
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:41 V: D:20161206 02:56:26