Eckoh Share Discussion Threads

[earwacks] 09/5/2024 15:15

I decided to sign up to research tree for 1 week trial. It’s only £8 a month for basic 3 company reports a week or £36 a month for for full access. Compared to stockopedia and others an absolute bargain. I know some of these reports are commissioned for house brokers but often in response to updates and finals. There are also general reports on sectors. They don’t need feed back or chat sites which is a bonus!

[wjccghcc] 09/5/2024 14:55

Not sure I’d call a PE of 16 high for the market leader in its sector.

[nickelmer] 09/5/2024 13:06

Is there any way of getting to read singers note anywhere?

[earwacks] 09/5/2024 12:39

Singers 12 month PT is actually 92p in this mornings note in reaction to RNS today

[smithie6] 09/5/2024 12:14

...trading update looks a big let down imo versus the high p/e

.....this company has been a jam tomorrow share imo for many years, looking at the RNS it doesnt look to be just about to change, imo.

[nickelmer] 09/5/2024 10:43

Yes a real cash cow, perhaps the board of directors should consider some share buybacks to improve earnings and valuation.

[earwacks] 09/5/2024 10:04

WJC. Looks very likely. All the spade work has been done moving to the cloud platform. Absolute cash cow

[wjccghcc] 09/5/2024 09:42

I think they'll be taken over by then. If the share price remains near these levels, they're a sitting duck for a US buyout.

[nickelmer] 09/5/2024 09:16

If you look at contract wins moving forward I would expect full-year turnover to reach £50 million over the next couple of years

[wjccghcc] 09/5/2024 09:12

Bought some back. End H1 NA ARR should be >$19mm with the contracts signed in H2 and as the last of the NA hardware revenues drop away this year, the underlying revenue growth should become clearer.

[earwacks] 09/5/2024 08:50

Usual over reaction to an increase increase in profits and cash. So the turnaround has been slower than desirable but takeout the big uk contract loss. Record and growing revenues and huge increase in the Norther American market where the majority of their business is and this price drop is utterly ridiculous.

[nickelmer] 09/5/2024 08:48

Decent progress, I see Singers have a target price of circa 80p going forwards......

[nickelmer] 20/4/2024 09:07

Eckoh was way over-priced a few years ago but IMHO it has swung to the opposite side now and is likely to be proven to have been way under-priced at these lower levels once the results of new contract wins move to the bottom line

[earwacks] 20/4/2024 06:21

I certainly hope so. It’s what attracted me back in. It’s one of several small caps that has a completely miscalculated valuation. Perhaps more to do with fund managers having to rearrange their assets? Surprising how long this can take to get sorted.

[nickelmer] 19/4/2024 18:50

This share has been consolidating and trading sideways for over 2 years, when it finally breaks out the move will be huge

[earwacks] 19/4/2024 14:34

As I was saying mysterious trades. 232,400 shares bought @45p and the share price goes down?

[nickelmer] 17/4/2024 07:37

More positive news from Eckoh as they expand globally, very interesting to hear of the growth projections for the contact centre market as a whole, if correct that would suggest a really big opportunity for Eckoh over the next few years.

[earwacks] 08/4/2024 14:13

Definitely one of the more mysterious shares when it comes to trading and share price We are seeing the odd buy at 42p, while there are still offloads of 100,000 in the background. Think we have a couple of months before more news. Hopefully will be impressive. Nothing less will do

[earwacks] 19/3/2024 10:52

Is Cannacord still offloading ? Guess they need cash. Continuing good news and fall in the Sp. Probably smash records revenue. Maybe they should help Sainsbury and Tesco out with their payments problems.

[nickelmer] 19/3/2024 08:01

Good to hear of more progress from Eckoh

[earwacks] 12/3/2024 13:05

Any decent premium would be tempting in this market where there is so little traction without a bid. It is ridiculous, but without a cessation in current conflicts not to mention the terrible impact of Brexit, which has I am afraid made us the laughing stock of the world, I cant see changing any time soon. I admit most of my investments are made at the moment with an element of takeover bid in mind. Not something I have considered much in previous years, because basically the shareholder is being short changed in the long term. Nice to see Lordy Cameron facing an investigation by Hmrc. Having held an ill thought out referendum purely to hang on to power. Hope they nail him for at least something!

[nickelmer] 12/3/2024 12:10

I am assuming so, but RingCentral could buy Eckoh for small change if they wanted to once they see the market potential

[earwacks] 12/3/2024 12:01

Thanks nickelmer. I did 3.3 billion mc! I notice this is apartnership rather that another sales contract. Presumably giving them an open book on all their clients!

[nickelmer] 12/3/2024 10:25

Yes, ECK tends to drift on lack of news but management seems to be improving in this area, years ago they would not have reported this deal, but I am encouraged by their change of attitude and most certainly by the sales performance which has been impressive, I firmly believe this deal is currently under the radar and investors are yet to realise the full significance of the sheer size of RingCentral people should looks them up on the NYSE