Eckoh Share Discussion Threads

[biker6] 24/4/2015 12:48

how low will this go now mid 20's looking to get back in.

[nickelmer] 24/4/2015 07:01

Good to see Kestrel continue to build their stake, now over 11%. They clearly see long term growth value in the shares.

Eckoh have already stated that the US is now trading profitably having won a number of relatively smaller sized deals, the sheer size of the US market offers very realistic potential for the US business to grow to a larger size than the UK business, which surely leaves room for significant share price growth over the next few years. As always DYOR

[reallyrich] 22/4/2015 02:55

not sure if anyone has seen the american site hxxp://www.eckoh.us/

[wh1spa] 21/4/2015 23:07

Their partnership in the US with West Corp should bear fruit(FWIW Wests M/Cap is 2.7 billion)

[mazarin] 21/4/2015 21:36

Another interesting 3 year Contract for ECK and well spotted. It rather begs the question as to why such a contract win initially went unannounced. I'm assuming that ECK's BoD consider more impact to be achieved by 'block' release of multiple contracts and decided to remain quiet until they have sufficient new Contracts for them to warrant them being considered as 'price sensitive'. The longer they stay mute on this one, then the more I think its likely that others are 'brewing quietly in the pot'.

I note Nick Philpot's closing comment to the effect this latest win provides ECK with 'the opportunity to showcase our capability to the wider Kingfisher group. And that, of course includes B&Q that has its own 'On-line' sales division.

[septimus quaid] 21/4/2015 20:38

Good spot Wh1spa

[nashwan123] 31/3/2015 18:04

Figures and revenue prospects impressive. I've bought my first tranche and should rise to 45p v soon.

[septimus quaid] 31/3/2015 16:47

See all this debate over RNS posting has boosted the shareprice.

[mazarin] 31/3/2015 15:24

I find them far less annoying than ADVFV's current practice of repetitive self activating and inane 'pop-up' faces. I wish they'd realise they're actually counter-productive. I've just closed my TD Waterhouse account after 20+ years.

[boadicea] 31/3/2015 14:05

Sorry, I think hybrasil is right. Just post the link, it makes the thread more compact and easier to use. Add a brief pithy quote or two if one wishes.

In any case, it's also much easier to find a past RNS on the company news log (advfn or elsewhere) than on a rambling thread.

[septimus quaid] 31/3/2015 11:18

Personally, I like RNSs being posted on here (it's not like they're a twice daily event)

[mazarin] 31/3/2015 11:07

Hybrasil - there is some point in that such posts can provide an accessible source when today's RNS is no longer current. But going back to the content, I take considerable comfort in ECK's ability to retain its existing client-base and renew contracts. This surely must demonstrate to other companies considering following suit, the merits and value of ECK's product and expertise.

[hybrasil] 31/3/2015 08:12

I have said this a thousand times - but what is the point of replastering an RNS here.

[pc4900074200] 31/3/2015 07:27

TIDMECK

RNS Number : 8905I

Eckoh PLC

31 March 2015

For immediate release 31(st) March 2015


Eckoh PLC

("Eckoh")

Contract Wins and Renewals Update

Strong secure payment contract conversion in Q4

Eckoh (AIM:ECK), the global provider of secure payment products and customer service solutions, is delighted to announce a number of new contract wins for its secure payment solutions.

Eckoh has performed particularly strongly in the final quarter of the fiscal year, successfully winning six new multi-year contracts in the insurance, retail, leisure and public sectors, as well as additional contracts with two existing utility customers. These deals demonstrate the strong and growing demand for our PCI DSS compliant payment solutions. Eckoh offers the broadest range of secure phone payment solutions in the market and these wins are testament to the strength and flexibility of our products, underpinning our growing dominance in this sector. The new contracts will start to generate revenue in the new financial year supporting current growth expectations.

We also continue to make good progress in the US where we recently secured a contract with one of the largest healthcare providers in the Southern Indiana, South-eastern Illinois and Western Kentucky regions for our CallGuard On-Site product. Our sales pipeline continues to grow and our target market will be extended further when we unveil our new ecommerce payments solution at the Card Not Present Expo in May, alongside our exclusive reseller West.

Since our interim results in November we have also successfully renewed 100% of the contracts that have come up for renewal, representing eight agreements in total.

Nik Philpot, CEO at Eckoh, commented, "We have had a strong finish to the year and it is very pleasing to see that the acceleration in sales wins is not undermining our ability to successfully service our existing clients, again delivering 100% continuity of historic contracts. Momentum for our secure payment solutions continues to build in both the UK and the US, with our sales pipelines in both markets remaining at an excellent level and positioning us strongly for further growth into the new financial year."

-- Ends -

For more information, please contact:

Eckoh plc

Nik Philpot, Chief Executive Officer Tel: [phone]

Adam Moloney, Group Finance Director

www.eckoh.com

N+1 Singer

Shaun Dobson Tel: [phone]

Ben Wright

www.n1singer.com

Buchanan

Sophie McNulty

Gabriella Clinkard Tel: [phone]

www.buchanan.uk.com

About Eckoh plc

Eckoh is a global provider of secure payment products and customer service solutions, working with organisations in over 10 countries around the world.

Our range of secure payment products removes customer card data from contact centres and IT environments. They are designed to help merchants reduce the risk of fraud and become compliant with the Payment Card Industry Data Security Standards (PCI DSS). Eckoh's CallGuard product can be deployed on the customer's site or hosted in the Cloud. It allows contact centres to take card payments from customers without their agents seeing, hearing or accessing card data in any way. We have been a PCI DSS Level One accredited Service Provider since 2010 and we currently process over $1 billion in card payments annually.

Eckoh's customer service solutions enable payments, transactions and enquiries to be processed without the caller needing to talk to a contact centre agent. This significantly reduces our clients' costs, whilst freeing up their agents to deal with more complex enquiries. These solutions are delivered over the phone, web and mobile devices. Eckoh is the largest provider of such hosted services in the UK.

For more information, visit: www.eckoh.com or www.eckoh.us

This information is provided by RNS

The company news service from the London Stock Exchange

[boadicea] 20/3/2015 17:56

I am expecting this to be near the bottom of the current dip, so have added a few, but also keeping some powder dry in case it has further to fall as 5th April approaches.
In the right sector - and one that has stood up relatively well in UK/US ventures. See IGP, ACM, BDI, all of which are surviving with US connexions without serious mishaps to date. However, I know the dangers if they become the target of a dominant US incumbent.

[septimus quaid] 18/3/2015 12:11

mylands, I share your concerns about operating in the US as UK firms invariably seem to get rogered.

I held Ferranti in the early 90s. They had been around for over 100 years, with a massive installed product base, until they got scalped after taking over ISC (a corrupt US defence contractor).

There are many other examples.

I am hoping to crystallise my gains with a takeover before too long.

[mylands] 18/3/2015 10:00

The trading update is the important thing to see and then we will know how it's all going, both here and in the US.

[pc4900074200] 18/3/2015 09:34

That's in my thoughts too, you feel it's a conservative route but My take is
with the American Company taking us out in some way or other as many American company's like to be in control and do that?
Not a happy feeling to have and until some more news re: over there with
positive vibs. better still contracts, I won't rest easy?

[mylands] 18/3/2015 09:18

pc49....

Agree about involvement over the pond but from a different perspective. How many UK companies have had their fingers burned by thinking that it would be simple to operate in the US. Look at Tesco who have recently written off over a billion pounds on their failed Fresh and Easy venture.

With ECK they have taken a fairly conservative route by tying up with a US company and hopefully not exposing themselves to too much risk if it doesn't work out.

[pc4900074200] 18/3/2015 08:23

Was getting peeved re: decline in value and was just about to check on
RNS's contract wins. You saved me the time mylands and boedicea's
remark re: end of tax year could answer the decline.
I have in my mind that there are investors out there that don't like
the idea of a company running in two places and being 'across the pond'
is a small worry to me as I have had companys that start up over there and
the next thing you know it's bye-bye Britain. Shares converted from £'s
to $'s and the problems that go with that?
Not something that penny share investors like?

edit. wrote this, looked at monitor and it's moved up with two sell's?

[mylands] 18/3/2015 08:00

One of the principal reasons I started investing in ECK was that, unlike most plc's, it issued frequent RNSs about contract wins. Each time it helped to underpin and then push the share price up. Those RNSs have dried up almost totally, with the last one being the contract with Transport for London on 12th Jan 2015. Prior to that you have to go back to 11th August 2014 for the next win with Tenpin. Before that there were three announced on 27th March 2014.

Also, the longer it takes for the US to produce something tangible the more likely it is that the share price will drift.

Still, it's a good company with lots going for it but I think I will wait for the next trading update, which was on May 1st last year, before adding to my holding.

[boadicea] 18/3/2015 00:06

Sp going through a weak patch and looks like testing the October low. Could be some bagging of capital gains to use tax free allowances. I hope to have done the right thing in taking the opportunity to top up to my target holding at 37p - seemed a fair price - with a longer term view.

[nickelmer] 11/3/2015 06:41

It is disappointing to see the recent share price performance, however a few things to consider imho

1. The share price was chased to possibly over extended levels when the USA move was first announced.

2. After such an extended run from circa 15p to high 40's there has to be a consolidation period.

It's only my opinion but I do not think small investors are allowing Eckoh enough time to develop the USA arm, rather they expect a multi million dollar deal to appear in the first few months. If you read the results statement the company says "

Having started to secure contracts in the US it is very pleasing to report that our US operations are already trading profitably, earlier than anticipated and less than a year after their inception"

As always we need to take a medium to long term view, lets see where the price lies in a couple of years, north of 38p I suspect....

[hybrasil] 10/3/2015 08:26

I doubt a bid will come unless and until they get the USA into positive territory