Eleco Public Share Discussion Threads

[bertiebingo] 23/4/2024 13:53

Using Cavendish numbersEPS (adj) 5p (NTM), 6p ('25)PE (adj) 19.4* (NTM), 16.2* (25)PE unlevered 17.3* (24), 12.7* (25)PEG 0.8-1*Only expensive if they don't achieve forecasts. If anything it's too undervaluing the growth.

[smithie6] 23/4/2024 11:20

£28m turnover & £78m cap value.

sales/pat ratio, undiluted of 78/28= 2.8.
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adj eps of 4.0p.
share price ~100p.
p/e (adjusted) = 100/4= 25

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not cheap imo.

[brummy_git] 23/4/2024 08:29

Positive interview here with CEO Jonathan Hunter and CFO Neil Pritchard of Elecosoft.

[johnwise] 23/4/2024 08:03

Elecosoft Public Limited Company (ELCO)

Final Results

The Group remains free of debt.

[brummy_git] 23/4/2024 07:16

Positive 2023 results & outlook today from buildtech software developer Eleco.

All the news & commentary here.

[adorling] 15/2/2024 13:11

Recommended buy from one of the Research Tip publications

[nhb001] 15/2/2024 12:40

Hmm. Normal volume is near zero. Today we have 175K traded (mostly buys) before 11AM. Suspicious or at least curious.

[ansc] 15/2/2024 10:32

29 trades marked already this morning, tipped somewhere?

[smithie6] 24/1/2024 12:45

AdamB1978 wrote
"Market forecasts of 4.37p from Sharepad looks a little light.

Think this could double in 2-3 years where looked on a ......20x PE basis"

2x 4.37p = 87.4p

According to your calculations the share is currently/already....overpriced !
,so I don't know where you get your "could double" from, if price at a p/e of 20x.

[smithie6] 23/1/2024 22:09

Is the presentation of info by Paul Hill of Vox markets intentionally misleading investors ?

Trumpetting 24% ARR growth...
...& not mentioning that the organic ARR growth was perhaps 13%, not 24%. (The rest of the ARR growth came from an acquisition).

And without the acquisition it looks like the annual turnover was down.
Again, real data that Paul Hill probably does not mention.

imo beware Paul Hill's opinions/presentations.

He & Vox markets get paid to put a shiny gloss on any company paying to use them for PR.

Be careful to do due diligence & beware of 'spin'.

[brummy_git] 23/1/2024 16:11

In this fascinating interview, CEO Jonathan Hunter of Eleco - a leading developer of BuildTech, project management & visualisation software - takes me through today's positive yearend trading update & broader expansion strategy.

[adamb1978] 23/1/2024 10:17

Bought in for the first time in recent days.

The growth in ARR is marked by them taking down the on-prem business but that should come through at a revenue line in FY24 as the on-prem revenue line is more or less finished. Therefore I'd imagine this should attract more interest over the next year or so, and the share price react as a result.

Interested in anyone's views on where EPS for FY24 might come out. Market forecasts of 4.37p from Sharepad looks a little light.

Think this could double in 2-3 years where looked on a 4x-5x ARR multiple, 15x EBITDA or 20x PE basis

[brummy_git] 23/1/2024 08:05

Positive trading update from buildtech software developer Eleco today - posting ARR growth of 24% to £22.6m

All the details here.

[chrisdgb] 23/1/2024 07:24

All good here...........

[brummy_git] 20/1/2024 06:06

Eleco was discussed here yesterday on Vox Markets (starts 33:45). Best stock idea for 2024

[ansc] 19/1/2024 14:02

Lets hope we get a trading update (next week?) which confirms our optimism.

[adorling] 19/1/2024 10:46

Paul Hill (Analyst) has stated on Hot Stocks (Vox Markets)this morning that ELCO is the share he recommends as achieving the biggest potential gains in 2024 and 2025. He has 10% of his portfolio in ELCO which is good skin the game.

[ansc] 17/1/2024 11:12

Trading update issued on 24th January last year.

[rathkum] 09/1/2024 11:51

HNY ansc
Here’s why this penny stock could fly high when the market rallies!

[ansc] 04/1/2024 12:03

Yes, thanks rathum, nice to know I'm not the only one prepared to back the company.

[chrisdgb] 02/1/2024 07:18

Interesting, thanks..........

[rathkum] 01/1/2024 10:33

3 high-growth penny stocks to consider buying for 2024

[virginialouise] 27/12/2023 18:06

A lot of us have been very patient. Let's hope that it will be rewarded soon.
Time marches on!

[ansc] 27/12/2023 10:50

No Chris, ELCO remains as one of my major holdings as has been the case for the past 20-odd years..... I can't see that much has happened in the past twelve months to make me change my mind.

Best wishes for 2024.