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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Eleco Public Limited Company | 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 | |
---|---|---|---|---|---|---|---|---|---|---|
8.00 | 8.25% | 105.00 | 103.00 | 107.00 | 107.00 | 97.00 | 97.00 | 162,687 | 14:39:37 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Computer Programming Service | 26.57M | 2.4M | 0.0291 | 36.08 | 86.42M |
Date | Subject | Author | Discuss |
---|---|---|---|
07/10/2021 12:40 | That depends upon your point of view. Lots of indiscriminate selling across the smallcap board - and ELCO's been hit since they disappointed with their 'soft' outlook. I don't normally trade, but in this case I flogged a few recently and am thinking about topping up again at these levels, cheers | illiswilgig | |
07/10/2021 12:03 | Still disappointed by the scale of the pullback here........ | chrisdgb | |
27/9/2021 14:31 | On 15th September (the day following the Interim announcement), the company chairman purchased 39,363 shares @ 127p/share and a further 37,847 shares the next day @ 132p/share; that same day, the company CEO purchased 11,847 shares @ 126.5p/share. With the share price having fallen since to 124p, either these two directors have money to waste or those shareholders selling now are unable to see beyond the end of their noses (imho)! | ansc | |
27/9/2021 10:04 | Top up for me today after the well overdone pullback, I can only hope others get tempted at these levels as well.....! | chrisdgb | |
22/9/2021 18:59 | If the ADVFN trade marks are to be believed, non-sensible price movement today - 1,779 shares purchased, 128,943 shares sold yet the share price is marked up 1p! | ansc | |
21/9/2021 14:19 | I go along with that, but as all shares seem to be snapped up and have been for sometime, is someone stake building? In any case it seems very interesting and exciting. | virginialouise | |
20/9/2021 11:11 | In my book, always reassuring to read that directors have purchased shares in their company especially when following a promising trading update which accompanied sparkling interim figures. | ansc | |
20/9/2021 07:52 | It's not before time that the Chairman became a shareholder! | virginialouise | |
20/9/2021 07:43 | Very encouraging news to see the exec Chairman Serena Lang (£100k worth) & CEO Jonathan Hunter (£15k) both buying shares last week in leading buildtech software developer Elecosoft - after Wednesday's excellent H1 results. | brummy_git | |
17/9/2021 15:46 | 2 great update interviews here on Eleco Hit the bottom of the 2 'red play' buttons www.voxmarkets.co.uk www.youtube.com/watc | brummy_git | |
17/9/2021 07:29 | Yesterday, according to ADVFN trades marked, 4,159 more shares were sold than bought and the share price dropped c.9p. Using that same 'formula', if I buy another 4,159 shares today, will the share price go back up 9p? (lol) | ansc | |
16/9/2021 11:38 | ?? As I said I took it out of context. Not sure this market cares too much why. Quite capricious at the moment. The previous para gives the context. 'the company is moving towards a SaaS subscription model for many new customers. Inevitably, this will soften revenues and profits in the short term as revenues are spread over a longer period of time and costs are added to drive growth. However, the shift will drive growth in customer lifetime value, lower customer acquisition costs and increase our recurring revenues as we move away from a perpetual licensing model.' short term holders will not want to wait 18 months. The opportunity cost is too great. Better to chase something else..... Darktrace, Kape and so on.....? The statement is the glass half empty cautious view from the company. Alternatively they may sign up a few more customers than expected and reduction in margin (profitability) is lower or more temporary than expected. But given the amount of re-arranging of deck-chairs going on and the costs of increased direct sales teams, I think that they are right to be cautious. I do think they are taking the right steps. Their US sales do not appear to have been impressive through 'partner' resellers. I can't see a breakthrough in the current model - the direct sales approach may well yield higher sales and higher margin but at increased upfront cost and with execution risk. I like the operational team - but the board I have found less than impressive since JBK left. I hope the new team works out. I sold a few bought in the last year - but my core holding (accumulated since 2005) I will continue hold and watch with interest, cheers | illiswilgig | |
16/9/2021 11:13 | 'We therefore expect a temporary reduction in our level of profitability over the next 18 months ' because of ?? | smithie6 | |
15/9/2021 12:57 | Agreed, their outlook (which is all that matters to me) continues to make them a long-term hold for me. | ansc | |
15/9/2021 11:35 | always an element of sell on the day. Those who bought in anticipation a few weeks ago have done well. If there is no immediate upside why not sell and move on. Not my style of investing though. Also in the outlook statement was this gem 'We therefore expect a temporary reduction in our level of profitability over the next 18 months ' I've deliberately taken it out of context - as others will do. I do wish that had been worded differently or that companies would give a figure rather than hiding behind a vague statement. cheers | illiswilgig | |
15/9/2021 10:20 | #ELCO H2 has started well, albeit as the company aggressively transitions from perpetual licensing (23.5% of H1’21 turnover, up 8% vs H1’19) to recurring revenues (55%, and +10% vs H1’19), this will inevitably temper top and bottom line progression. It will involve longer sales recognition and greater upfront investment (all self-funded) in order to later reap the rewards of predictable and more profitable income streams (eg SaaS). By switching from a product-led to a customer centric organisation, we believe this perfectly positions the group to flourish in the new cloud & digital age. We think the Board is doing all the right things - and have raised our valuation from 135p to 150p/share, thanks to the improved earnings visibility, CLVs and the risk/reward profile. Moreover the stock trades at a considerable discount to peers, on 4.1x 2021 EV/revenues and 17.5x EV/EBITDA compared to 9.7x and 28.5x for the sector. Eventually this gap should close, which over a 3-5 year period, could (in theory) propel the price substantially higher. | edmonda | |
15/9/2021 10:09 | Leading Buildtech software firm Elecosoft posted terrific H1 numbers today. In this fascinating interview, CEO Jonathan Hunter takes me through the company’s compelling ‘growth’ strategy alongside the numerous exciting opportunities ahead. www.linkedin.com/pos | brummy_git | |
15/9/2021 09:30 | Revenue up 13 per cent to £13,831,000 (2020 H1: £12,215,000); up 12 per cent at constant currencies Recurring revenues increased 8% to £7,543,000 (2020 H1: £6,953,000) (includes maintenance, support, subscription and SaaS revenue) Adjusted EBITDA* up 11 per cent to £3,649,000 (2020 H1: £3,283,000) Operating profit up 14 per cent to £2,366,000 (2020 H1: £2,071,000) results look healthy. Why the drop in price? | petewy | |
14/9/2021 15:29 | Hoping for some nice results tomorrow and fascinating to hear the growth plans.... | chrisdgb | |
05/9/2021 21:18 | ^^beautiful 5yr chart. | thelongandtheshortandthetall | |
03/9/2021 19:56 | ansc. Very good hold 22yrs! QTX market cap £234m profit before tax 5-6m ELCO market cap £121 profit before tax 4-5m QTX is a high quality operation but I don't see why ELCO can't get there too. Maybe next year ELCO could be £200m. | thelongandtheshortandthetall | |
03/9/2021 18:44 | You're welcome, petewy, the thread acts as a useful diary for me as well. ELCO has been by far my best investment ever (spanning 22 years) and, with their promising prospects, will remain as my core portfolio holding for a while longer. | ansc | |
03/9/2021 16:31 | Thanks for this board ansc. I bought in at about f0ur years ago and have monitored it thru this board since. | petewy | |
03/9/2021 14:10 | It was a bit of a struggle but hopefully this diary data is now up-to-date so any potential new ELCO investor wont have too much hassle doing research ... all newcomers are very welcome! | ansc |
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