Eckoh Share Discussion Threads

[septimus quaid] 17/1/2022 08:54

Due to the recent acquisition, I imagine we will now have a few years of obscure YOY comparisons to look forward to, i.e. “direct comparison with previous years makes comparisons difficult,” yada, yada, etc.

The only credible metric will be to see an increase (or otherwise) in dividends this coming October (prev 0.61p).

[netcurtains] 04/1/2022 15:04

SQ: Investors mean share price when they talk about "recovery" (at least they do down my way).

[septimus quaid] 04/1/2022 14:58

Only a recovery play in the sense of ongoing COVID disruption affecting general market sentiment. There’s nothing much wrong with the company to “recover”; as such as it’s remained fairly stable over several years.

Hopefully, more a story of enhanced future growth prospects.

[netcurtains] 04/1/2022 14:09

not sure that is helpful. Sorry.

[poacher45] 04/1/2022 13:13

It was when I bought it for 8p.

[netcurtains] 04/1/2022 12:16

Any chance this could be a good recovery play?

[nickelmer] 16/12/2021 11:16

Broker note, target price 92p

[husbod] 16/12/2021 08:36

Every single placing over the last 12 months or so in companies I hold has resulted in the share price falling below the placing price.It will be interesting to see how this responds on and after the 22nd but a top up could be cheaper closer to Christmas. But, as they say wtfdik.

[septimus quaid] 15/12/2021 16:14

yeah, fill your boots

I'm pretty sure, if ECK had been traded on NASDAQ, the share price would have gone up on today's announcement.

From a capital perspective, the London markets, and AIM in particular, are just plain dysfunctional.

[nhb001] 15/12/2021 14:40

Cheaper now!

[boadicea] 15/12/2021 10:56

Special price for the favoured few - Typical.

[saasy84] 08/12/2021 12:52

As a shareholder who has stuck by Eckoh during 'challenging' market conditions, i'm incredibly underwhelmed by the interims. For most Software / SaaS businesses Covid has driven transformation. With remote / home working payment security software should be essential for businesses to safeguard consumers. All the soundbites from Eckoh 'Cloud', 'SaaS', 'Channel / Partnership Sales' these guys should be filling their boots. Their nearest competitor posted significant double digit growth FY21, with interims out in January it will be telling to gauge market bouyancy and validate continued pandemic disruption. US greenfield market continues to show high potential, but would expect to be further ahead given US acquistion in 2016 and boots on the ground.

[nickelmer] 11/11/2021 16:12

If I were Semaphone, with private equity funding, I would sue Pcipal over my patents and then make an offer for Eck to then control the whole market, just a thought...

[boadicea] 11/11/2021 15:42

Sphere - I follow your reasoning but from a historical view ECK does not warrant a premium rating (imo) and certainly looked overpriced at 80p. I regret not selling more of them nearer the peak but past mistakes (e.g. selling SCT prematurely) have taught me to hedge my bets in a sector that can be volatile and surprising in either direction.
So I am sticking with a modest holding here but not currently adding until the horizon clears. The recent large inter-insti trades put a strong valuation marker in place.

In similar stocks, I have one that has doubled and still looks cheap (to me). Another looked cheap but has fallen 30% and merely looks cheaper. Two others are on astronomic ratings but keep on rising so I periodically top-slice but don't sell out, remembering SCT!

The backstop is that a decent turnover in a fragmented sector is often of interest to a competitor and will lead to a takeover of a struggling company at the right price.

[sphere25] 11/11/2021 12:57

Had a little nibble here earlier, but it's a risky one as the trend is still down, but it could break that downtrend now. Looking at the action here lately, clearly the big mop has come out and buyers have come in and gobbled up enormous chunks from sellers (mainly Blackrock?) with over 5 million exchanged at 47p and more than 8 million exchanged at 48p recently.

It's one of those where you look at the valuation and wonder how cheap it is, but I have only glanced. More interested in the technicals and trying to catch a bounce and move higher.

The fact that buyers are willing to gobble up enormous chunks at 47p and 48p should at least signal a floor there so stick a stop there near the lows, but IF the sellers have finished here, it could bounce back and recover some of the losses from the highs at 80p.

52p was the first key level - looks to have broken.
If 55p goes, then the bounce could be on.


All imo
DYOR

[tnt99] 11/11/2021 12:12

Juicy new contracts coming through should see this rise back to 70p with any other announcements

[nickelmer] 11/11/2021 07:53

x20 yes, looks that way, Blackrock reducing their stake and Liontrust increasing theirs. There had seemed to be a large seller around for quite some time, presumably (hopefully) that was Blackrock and following the announcement, they have now finished.

[x2o] 11/11/2021 07:37

Did I misread or have black rock just significantly reduced their holding on 9/11/21?

[nickelmer] 10/11/2021 16:59

Maybe our seller has been cleared out.......

[nickelmer] 09/11/2021 11:51

I am convinced there has been a big seller around for some time, and that seller seems to remain. Until the stock is cleared it is going to need more good news to move the price any decent amount IMHO

[zipstuck] 09/11/2021 10:05

From the TS

We are also seeing encouraging signs of sales momentum building again in the third quarter, as it did last year, WITH SOME SIZEABLE CONTRACTS - that have been slower to move forward - now gaining traction.

[boadicea] 09/11/2021 08:22

This news should stop the slide and stabilise the price, probably around 50p. It will require further similar news to confirm an improved growth trend before we achieve any significant advance imho.

[nickelmer] 09/11/2021 07:57

Finally, signs of growth returning ! and mightily so! well done Eck

[boadicea] 29/10/2021 16:07

The share price is suffering as a result of lack of (good) news with the normal time for an update having passed. I have two other holdings unhappily showing the same effect.
Perahaps the digital/e-commerce boost of past months has run its course for the time being.
In contrast, some tecnical hardware companies which are generally on much lower ratings have been showing revived interest.