Ecsc Share Discussion Threads

[panic investor] 29/11/2017 08:02

Would be useful if there were figures involved - but vague for my liking

[opodio] 29/11/2017 07:53

in line with a BIG FAT LOSS OF TWO OR THREE MILLION

[timbo003] 29/11/2017 07:33

In this case it would seem that profit warnings come in ones, not in threes, should be a reasonable day here today.

[jsforum] 29/11/2017 07:25

Should be better volumes today and the right direction methinks

[cerrito] 28/11/2017 14:39

The kind of thing that can happen with a share that trades so thinly.
Today so far has a volume of 12.8k and compare that with approx 15k for all of last week

[jitters3] 28/11/2017 14:18

Any reason why the rise in share price today

[twistednik] 28/11/2017 14:17

dead cat bounce?

[rackers1] 15/11/2017 16:50

Are u sure on that?Sp is languishing

[kmann] 20/10/2017 15:42

Plenty of buying since those director deals

[kmann] 16/10/2017 15:44

Effectivly the Bod buying on the cheap. They have more visability of progress, and industry direction. This moves rapidly on small volume, so this is the best way for them to accumulate. I don't think they have any intention of dumping on the open market untill the market cap is well in advance of £50mil plus.

All they have to do is wait for what they know when the contract pipeline fullfills. Thats what I'd do!

[cerrito] 13/10/2017 12:35

Can understand why this morning’s RNS caused a small drop in share price as it rather begs the question if cash is tight.
The fees for the 3 NED’s are £104k pa so this announcement saw a £52k cash saving.
The cash balance of £3.1m at June was not very robust given in H1 combined operating cash outflow and capex was £2m. Capex should decline somewhat but a pick up in sales will no doubt impact on working capital.
Hope no one is budgeting for any dividends any time soon.
Could not find in the interims/AR any reference to any banking facilities.
I appreciate I may be negative and that all three NED’s have grabbed the chance to increase their holding at these reduced prices.

[ebomber] 03/10/2017 17:41

Device Authority via TERN plc is a great alternative to ECSC at just 6 pence and £8 million capitalisation.

[kmann] 28/9/2017 14:49

Looks like the time to buy this is now before the next great high profile cyber security breech. The sellers here make it so easy to buy at the lows.

New regulations mean companies have to have security in place or be finned heavily.

250p target

[jockthescot] 27/9/2017 18:42

Hadn't noticed that. That is terrible!

[panic investor] 27/9/2017 16:06

Remarkable that they can't even post their results on the correct day - shambles

[acefromspace] 27/9/2017 11:39

Market not showing sells otherwise the price would have recovered more with the volume of buys so far.

[pugugly] 27/9/2017 09:28

ham _ Stop hamming it up - FLX many of the same problems - Bargepole comes to mind in relation to FLX --

[hamidahamida] 27/9/2017 08:36

ECSC Management not capable of scaling!!!It took them 16 years to get to £4.5 million revenue, after listing they had to come out of their comfort zone and perform to external expectations which is beyond them.It's company specific problem not a sector related as admitted by ECSC sector is booming ..Buy Falanx FLXFalanx is in good hands seasoned management with vast experience in running very big businesses that they've scaled

[hamidahamida] 27/9/2017 08:28

Yet again shows how managements can make or break businesses...Amazing how quickly they messed up in a booming sector, this management really need to look at them selves and ask a question are we capable of scaling which after today's warning again i think they're NOT!!

[timbo003] 27/9/2017 08:06

Definitely a few growing pains, but I take some comfort that there are no lame excuses due to some outside influence beyond their control which can often be the case when companies report a target shortfall.

[acefromspace] 27/9/2017 08:02

Yes a little bit more positivity would have been good. No end on sight for the market to hang onto.

[esther1975] 27/9/2017 07:47

Oh dear. Bad news continues

[jurgenklopp] 27/9/2017 07:40

Interims not very confidence inducing:

"In light of the lower revenue levels currently being generated, the Board, whilst protecting key revenue generating resources, has reviewed the operational cost base of the Company and identified a number of savings which will be immediately implemented. Whilst these savings, together with the Company's growing revenue levels, will materially reduce the monthly EBITDA loss, they will not be sufficient to fully offset the reduced revenue levels and therefore we also expect full year EBITDA to be below market expectations."

[acefromspace] 14/9/2017 08:06

Great post. Fully agree. I'm in, great sector. If the management can start to perform these will fly.

[scrutable] 13/9/2017 16:15

Around 200p at the start of 2017, the share price boomed to 600p by results day. Then investors took fright on the argument that the company felt its business plan was not scaleable and the price collapsed to pre-listing levels. I trebled my position at the bottom and substantially restored.my paper losses, probably from the closing of short positions. Today, the share price is up 22% today without news support - so perhaps there was less wrong with the company than suggested by the panic raised by the trading statement in June. The sector cyber security remains very attractive..

The recent T/U confirmed that the BOD ".remains confident of the long-term success of the business" , despite the delays it sees in sales conversion and the loss expected for the FY

If there are any plus points to the H1 report on Thursday 28th of this month there is a huge upside to restore, which would make a 3-bagger from a standing start .If one squints badly one can discern a cup and saucer completing on the bottom of the chart.

Still a high risk, but the share price signal today makes it Very Tempting.

Recoveries can often be more lucrative and certainly quicker than higher highs from popular, overbought, well managed companies