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
  +0.00p +0.00% 77.00p 76.00p 78.00p 77.00p 77.00p 77.00p 6,700 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 20.0 2.3 2.5 30.8 59.63

Eleco Share Discussion Threads

Showing 1751 to 1773 of 1775 messages
Chat Pages: 71  70  69  68  67  66  65  64  63  62  61  60  Older
DateSubjectAuthorDiscuss
21/5/2018
22:00
interesting strong mini trend of ~ 5 days on that chart, as part of strong up trend since ~ middle of April, imo (3 days of which is due to the RNS last Thursday saying "substantial increase in PBT') although I think that last week's RNS news will dominate over charting predictions, although very useful to see the share price movement visually --- interesting chart wise that the strong up trend didnt start until ~ 3 wks after the strong prelim results. (about then the IC tipped it then & also the news about D.Lee having picked up 6% of the co surfaced) --- ignoring the pleasant recent surge in the sp it is interesting to remember that Warren Buffett says the best duration to stay invested in a share is forever ! so the recent rise in share price is phps not so important if ELCO does well over coming yrs
smithie6
21/5/2018
21:42
Breakout of the upper trendline today. Min tp 82.3
bamboo2
21/5/2018
12:34
up 2p so far today --- looking at the trades just 1 trade above 76p...a buy at 77p & the 2 last trades around 75p shown as sales might in fact be a bed & sipp, since the value is the same (except 50 quid) & the official price to buy is 78p so phps the MM hasnt got any shares left to meet any buy orders & has moved the buy price from 76p to 78p (with only 1 trade) to dissaude buyers...& give himself a chance to get some shares being sold...to fill the line of buy trades from ppl earlier today Im hoping that any possible sellers sit on their hands !
smithie6
21/5/2018
11:49
Bought a few here earlier on momentum.
bamboo2
21/5/2018
10:47
interesting PBT 2014-2016.... it doubled (0.7M to 1.5M) PBT 2015-2017.... it doubled (1.0M to 2.25M) impressive performance imo which was arguably ignored by the mkt
smithie6
20/5/2018
11:32
You're filtered Smith mo-one cares.
petewy
19/5/2018
20:27
PBT history 2014 £0.7M 2015 £1.0M 2016 £1.5M 2017 £2.25M 2018 £3.4M (co. broker est. apparently. ref post 494 ) --- change in PBT +0.3 M +0.5 M +0.75 M +1.15 M predicted very positive trend --- Clearly very strong growth in PBT (& its real as shown by the cashflow & nett cash numbers) in these past 4 yrs the PBT has been rocketting & recent RNS saying that the PBT in first 4 months of 2018 is significantly higher than in the same period in previous year shows that the trend continues --- For this track record of growth & recent RNS ( 'PBT from mngmt accnts is significantly up' ) the share price still looks too low, despite the large rise recently. & imo on-going to interim results & then to prelims...et al hopefully.
smithie6
18/5/2018
10:11
interesting yesterday's trading update said PBT is significantly up wrt 1st 4 months of prior year & for first 6 months in prior year the PBT was up by 68% ! on the prior year to then (ie. H1 in 2016) (in last 3 yrs the PBT is going nuts..rocketting (due to operational gearing, extra/additional sales wrt existing repeating ones are highly profitable imo) --- & nett cash at end of H1 2017 was +£259,000 & 10months later it is +£2,400,000 a cash machine ! 😀 (if direct line growth it would be 2.8M at end of June 2018 (an increase of 2.6. in 1 year. ie. generating ~ 2.6M cash per year) ; but noting that nett cash is affected by payables, receivables etc so not always a straight line) --- if generating ~ 2.6M cash per year (+/-) & this is massively higher than 3 years ago (with repeated yearly growth) then current cap. value ~55M does not look expensive ..& corresponds to ~5%. -- so imho ELCO is clearly firing on all cylinders ! === apologies if Im taking over the msg brd with recent posts...but I think I have made 1 or 2 useful points & of course Im very happy with the news from yesterday & excited about possibilites for the future. & partly since I have quite a few of these shares (for a small player)
smithie6
18/5/2018
09:08
it is worth noting imo that turnover in first 4 months of 2018 is up by 7% while it was 4% (underlying or LfL) in all of 2017 7% might not seem much but if one notes that 90% of the top 100 UK constructors already use ELCO proj. planning then it infers imho that achieving much higher % growth in some other mkts...using existing products (& with no raw material costs, compare with making houses or operating restaurants) and yesterday's short trading update said "reflecting both the strength and international spread of our core businesses.." imo this is saying that international is where a lot of increase is coming from "international" is the real excitement or attraction of these shares
smithie6
17/5/2018
11:21
👍 ---- (updated 18/5 to improve clarity ) Turnover rest of world incl USA + 'rest of Europe' (see defintn, excludes UK & Germany, which has its own entry-data) 2017 £3.3M 2014 £1.8M (& 2014 turnover in USA was only 160k. now 600-800k I think, a high % increase ( x4 !!) but small part of overall ELCO turnover so far; if it were to keep growing then it wld start more heavily impact the group profits) high turnover % growth from 1.8M to 3.3M, admittably from lowish starting point relative to overall group turnover 3.3M is about 16% of total turnover of ~20M --- & while the possibilities in USA mkt are massive...Europe is another mkt to crack.. & there is also Asia ! ..I think accounts say 90% of big UK constructors use ELCO proj. planning software..the % in Europe is I assume fairly small based on the much lower turnover reported...so there are big opportunities for growth there. -- I liked the RNS so bt back 75% of my top slice sold at 61-64p --- noting that today's trading statement said turnover is up in 2018 & PBT is "significantly" up, it seems that Mr D. Lee seems to have made a good move by apparently buying 5-6 % of the co. in recent months. & !! I note that the RNS says someting like ...' turnover up..PBT significantly up ..reflecting...international....' "international" so Im going to assume that a good or relevant part of the significant rise in PBT is from international growth ☺ (if ELCO can expand its sales abroad (using existing products) to even be a fraction of the UK sector penetration then the numbers would be orders of magnitude higher)
smithie6
17/5/2018
09:29
Well spotted, edmonda. I like their summary closing paragraph: 'Even after its recent appreciation, the stock is still not expensive. Trading on EV/sales and PEG ratios of 2.5x (vs peers on 5x) and 1.0x (1.6x) respectively, whilst being 15% below our 85p/share valuation.' I'm not going to disagree with that. Elecosoft is now an attractive trading proposition, even more so if they can get sales moving in the USA this year, and looking more than ever like a tasty snack for one of the 'big boys'!
ansc
17/5/2018
08:10
after today's positive trading update ED initiates coverage with a full report and valuation from Paul Hill. The research is freely available here: https://www.equitydevelopment.co.uk/edreader/?ltkn=[ID]&d=%3D%3DAMyQjM
edmonda
15/5/2018
13:57
up again today....I wasnt expecting that after such a strong % rise in recent weeks... I let 1/4 of mine go around 64p. since I was 'heavy' in ELCO..only 5-10 days ago ..and now 74p to buy !! 😕...ah well. doing nicely with the rest ☺ --- if the buyer wants to sell them back to me at the same 64p...just raise your hand !! 😂😂 --- and always depressing when something rockets 😢 all the winnings lost by not having put more on that horse !! 😀😆
smithie6
11/5/2018
10:57
25,000 shares bought today at 69p looks like someone is happy to buy a chunk at this price -- (best wishes on subject of mobility. None of us are getting any younger 😕)
smithie6
10/5/2018
19:35
Unfortunately my mobility, especially walking, has deteriorated a lot during the past 12 months which means, for the first time in a number of years, I'm being forced to miss next Thursday's feast/chin-wag. I wonder whether Jonathan will give a little spiel this time? The chairman's statement will be of particular interest after the recent buying spree. I'm sure you'll keep us posted afterwards.
ansc
10/5/2018
18:42
I guess you will make the effort to come down to London for a bit of lunch next Thursday.
rathkum
10/5/2018
11:05
Hi rathkum. Over the many years of dabbling, I've become a bit of a 'Doubting Thomas' so, until the profit is sitting in our bank account, the celebrations will be a little muted. Like you, I'm looking further ahead so will be in no rush to leave. Even on 2018's consensus forecast of 3.5p earnings, I think 75p or less is cheap. But with a seller regularly dumping 25k, 30k lots (as this morning), it may take a bullish chairman's statement to get through 70p. Hey ho, the increasing divi each year makes the waiting less frustrating!
ansc
10/5/2018
09:58
ansc - have you popped the champagne bottle yet? Eleco has well exceeded my 60p target for this year but I am not complaining. If the 2019 year EPS forecast of 3.9p plays out, there is still some ways to go. Could easily trade on a PE OF 25.
rathkum
09/5/2018
19:33
What should we make of this somewhat startling surge (for ELCO) in the share price? Does it mean that Joe Public has finally woken up to the potential of this little gem (a tad late but better late than never) or is it simply the result of one or two recent 'guru' recommendations to their followers? Not that I'm complaining either way! With the AGM due to take place next Thursday (17th), I'm hoping that the chairman is then in a position to 'stoke the fire' with his trading statement. It's interesting to note that the two analysts (that I know of) covering the company ... finnCap (company broker) and Progressive Equity Research ... are similar in their respective 2018 forecasts: Revenue - fC £22.0m/PER £22.0m; Pbt - fC £3.4m/PER £3.2m; Eps - fC 3.5p/PER 3.5p; Div - fC 0.7p/PER 0.7p. As happened for 2017, will these turn out to be on the conservative side? Probably the most important question of all tho' at the moment is what should the prospective PER be? I wish I knew the answer to that one!
ansc
03/5/2018
17:51
Osborne completes complex construction at Mercers Walk using Powerproject: hTTps://www.elecosoft.com/asta-powerproject-news/osborne-powerproject-mercers-walk/
ansc
03/5/2018
08:51
Interserve uses Powerproject to maintain precision timeline control on University of York project: hTTps://www.elecosoft.com/news/interserve-powerproject-university-of-york-project/ [read the full case study]
ansc
24/4/2018
19:43
so, does the LSE send a monthly or weekly report of >3% holders ? or is it in fact a task for the co. registrar ? ( I wouldnt think the LSE has that info, or ??) & is the registrar expected to do it ?
smithie6
24/4/2018
17:47
PICNIC: Further to your original post [475] and my response [476], I've heard back from the company this afternoon regarding J D Lee's significant holding increase. The onus lies with the investor to notify the company of any significant changes in their holding before any company can issue the requisite RNS; in this instance none has been received so, following my enquiry, the company secretary has written to the investor. Why this change wasn't spotted by the co sec at the time of receiving the latest shareholder information from the company Registrar or Broker was not mentioned.
ansc
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