Share Name Share Symbol Market Type Share ISIN Share Description
Eleco Plc LSE:ELCO London Ordinary Share GB0003081246 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +4.00p +5.06% 83.00p 82.00p 84.00p 83.00p 79.00p 79.00p 59,039 16:01:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 20.0 2.3 2.5 33.2 64.28

Eleco Share Discussion Threads

Showing 1851 to 1874 of 1875 messages
Chat Pages: 75  74  73  72  71  70  69  68  67  66  65  64  Older
DateSubjectAuthorDiscuss
17/8/2018
14:14
How come the price is up today ??
smithie6
16/8/2018
12:53
An unusually tight online quote for ELCO this morning, 78.5/78.95p (for 5k).
ansc
14/8/2018
10:45
...only saw the RNS today (it is holiday season) well done ELCO....
smithie6
07/8/2018
13:01
Thanks Hannahh. Good post. (Crowe?)
petewy
07/8/2018
11:00
Equity development's research note by Paul Hill "How to profit from the surge in BuildTech" How can an outside investor gauge the quality of a company’s software? Speak to experts, test the product, ask clients and/or review industry awards/journals. Elecosoft scores highly on all of these counts - yet to us what really stands out is its customer base. All told, ELCO’s software is used by >90% of the UK’s top 100 construction firms & 7/10 biggest retailers; 40 of the top 50 Swedish & 14 of the largest German construction groups; 70% of the EU’s flooring manufacturers and 15% of 400 largest US contractors. Generating retention rates of >90% and almost 60% recurring revenues (Support, maintenance & SaaS). The good news from this morning’s positive trading update, is that the Board are well on track. H1’18 revenues climbed 7% LFL in constant currency (5% post forex headwind) to circa £10.5m (LY £10.0m) with adjusted PBT jumping 45% to £1.45m (LY £1.0m), on the back of favourable operating leverage and continued tight cost control. Consequently, we reiterate our FY18 sales and EBIT forecasts of £22m and £3.6m respectively. Albeit, note that these are tilted towards the upside, especially given recent £ weakness vs the €/$. Likewise, H1 cash generation was strong, ending June with net funds of £2.6m compared to £1m at the start of the period – equivalent to cash conversion of >105%. Plus, even after last month’s strategic acquisition of Shire Systems for £5.1m (cash/debt free basis), we expect net debt to close Dec’18 at a modest £2.8m, or 0.62x EBITDA. Similarly, while our top level 90p/share valuation remains unchanged, we once again emphasise that there is possible upside here too. In fact, despite this year’s re-rating, the stock appears cheap vs peers who trade on higher EV/sales, EV/EBIT and PE multiples. Read the full note here: hxxps://www.equitydevelopment.co.uk/edreader/?d=%3D%3DQN1QjM
hannahh
02/8/2018
18:30
No (L)ate trades reported so, as often appears to be the case these days, supply and demand doesn't have much bearing on a sp's behaviour. According to my rough calculations, c. 105.5k shares have been bought today, 47.6k sold yet the price drops by 1p. Mind boggling for this simpleton.
ansc
02/8/2018
15:57
Equity development's research note by Paul Hill "How to profit from the surge in BuildTech" How can an outside investor gauge the quality of a company’s software? Speak to experts, test the product, ask clients and/or review industry awards/journals. Elecosoft scores highly on all of these counts - yet to us what really stands out is its customer base. All told, ELCO’s software is used by >90% of the UK’s top 100 construction firms & 7/10 biggest retailers; 40 of the top 50 Swedish & 14 of the largest German construction groups; 70% of the EU’s flooring manufacturers and 15% of 400 largest US contractors. Generating retention rates of >90% and almost 60% recurring revenues (Support, maintenance & SaaS). The good news from this morning’s positive trading update, is that the Board are well on track. H1’18 revenues climbed 7% LFL in constant currency (5% post forex headwind) to circa £10.5m (LY £10.0m) with adjusted PBT jumping 45% to £1.45m (LY £1.0m), on the back of favourable operating leverage and continued tight cost control. Consequently, we reiterate our FY18 sales and EBIT forecasts of £22m and £3.6m respectively. Albeit, note that these are tilted towards the upside, especially given recent £ weakness vs the €/$. Likewise, H1 cash generation was strong, ending June with net funds of £2.6m compared to £1m at the start of the period – equivalent to cash conversion of >105%. Plus, even after last month’s strategic acquisition of Shire Systems for £5.1m (cash/debt free basis), we expect net debt to close Dec’18 at a modest £2.8m, or 0.62x EBITDA. Similarly, while our top level 90p/share valuation remains unchanged, we once again emphasise that there is possible upside here too. In fact, despite this year’s re-rating, the stock appears cheap vs peers who trade on higher EV/sales, EV/EBIT and PE multiples. Read the full note here ...https://www.equitydevelopment.co.uk/edreader/?d=%3D%3DQN1QjM
edmonda
02/8/2018
14:24
Updating the share trades marked since 11.24, at 14.09 there's been a further 31.1k 'buys' and 5.0k 'sales' with a 25k '?' at 79p (which must surely have been another buy seeing as there hasn't been any sales at that kind of price since 11.24). I wonder how the Market Manipulators have managed to hold the price steady, are they working a large sale order? Time will tell.
ansc
02/8/2018
11:57
The chairman states that profit before tax, on a 5% turnover increase, is up 45% for the half year which by my reckoning makes it £1.46m; the profit before tax for the whole of 2017 came in at £2.254m. How much more were 'sellers' expecting/wanting?
ansc
02/8/2018
11:40
The mysteries of market making. As at 11.24, marks of 73.3k for 'buys', 42.6k for 'sales' and the share price response .....marked down 2.5p!
ansc
01/8/2018
18:38
No sign of a trading update (last year released on the 17th July) so it's understandable that some investors have become spooked by the delay and headed for the exit - eight sales today, no buys. I was expecting that the recent acquisition would probable cause a slight delay but have to admit that now even I've become disappointed. Time to remove the rose-tinted glasses?
ansc
16/7/2018
06:19
interesting --- looking at fundamentals I view the acquisition as very positive for the share price hopefully making ppl reluctant to sell their shares since the EPS is expected to increase due to the acquired PBT & also the addition to the product & client set should also help the EPS over time
smithie6
15/7/2018
10:23
Potential turn 13-16/7/2018. Bought a few late last week. Recent price action makes the chart look much more positive, with target price around the recent high, confirmed with an eod close above 86
bamboo2
11/7/2018
11:42
😨😨
smithie6
11/7/2018
07:24
Thanks for the link, rathkum, as a long-term investor (21 Feb 2000 - 10k @ 26p) there weren't many facts/figures which I wasn't already aware of but still an extremely interesting article. I remember vividly the days of gloom and doom back in 2011 when all and sundry were condemning Eleco (as it was called then) to the knackers yard but what a buying opportunity that turned out to be. A once in a lifetime experience for me no doubt. As to the future, I'm still wearing my rose-tinted glasses in respect of Elecosoft and have visions of 100p appearing on the horizon in a couple of years maybe. But I don't envisage buying 100k lots anymore!
ansc
10/7/2018
20:28
Leadership lesson How this company pivoted from concrete to software https://www.managementtoday.co.uk/company-pivoted-concrete-software/leadership-lessons/article/1487323
rathkum
10/7/2018
17:10
A trading update was issued by the company last year on 17th July. Hopefully one will be forthcoming this year and should give us an indication as to what their expectations are for the 2018 financial year. Not forgetting, of course, that the recent Shire Systems acquisition is forecast to be earnings enhancing for the second half.
ansc
05/7/2018
15:51
#592/#594 - yes thanks bamboo - no offense intended only asking. o/t - would you care to take a look at DIS? There seems to be an interesting trend of rising peaks developing. Post on DIS if preferred. tks, pete
petersinthemarket
05/7/2018
13:10
From IC Shares in Elecosoft (ELCO) were up 9 per cent this morning, after the construction software company announced its acquisition of Shire Systems – a UK provider of computerised maintenance management software – for a total consideration of £6.3m. The transaction will be funded by a new five-year fixed-term loan of £8m from Barclays. The group says the acquisition extends its software portfolio beyond early-stage project planning and construction applications, to asset maintenance management applications for building life cycle management. Buy.
rathkum
05/7/2018
12:53
..fair/good point... (while of course anyone taking a 3 or 5 year view wont notice the small pks & troughs along the way on say a 3 month chart...if the 5 yr trend manages to be upward...) see how it goes..& yes...GLA
smithie6
05/7/2018
11:01
Smithie, I'll have a go at charting anything! :-) The chart did get me out of here in a timely manner when the lower high was printed. Do take your point though. gla
bamboo2
05/7/2018
10:24
bamboo call me a charting cynic for small caps (although it can give useful overview info) but with this acquisition did you crumple up all your ELCO charts & practice your basketball shots into a floor bin ?! 😀😀
smithie6
05/7/2018
09:01
Thanks edmonda.
petewy
05/7/2018
09:00
Very impressed by ED publishing a detailed analysis within 1 hour of the RNS. Just a note for those who read this analysis.I think the final detailed financial table does not include the impact of this acquisition. So the 2018 forecast eps is estimated to be 3.6p . By my calculations this acquisition will add at least 0.5p making it 4.1p for 2018. All looks good for Elco. Great business fit at pretty low valuation ratios. Not expensive at all. I went long this morning.
ramridge
Chat Pages: 75  74  73  72  71  70  69  68  67  66  65  64  Older
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