Eleco Public Share Discussion Threads

[chrisdgb] 25/5/2022 06:36

Decent update, let us hope they find a gem of an acquisition......

[ansc] 21/5/2022 11:18

Overall, a net 3750 shares bought yesterday yet the Market Manipulators still marked the share price down 0.5p. Hoping next week's AGM is sufficiently positive to reverse this downward trend.

[chrisdgb] 20/5/2022 09:34

Topped up today, long term feel this is such a core holding........

[matthew palmer] 08/5/2022 11:16

Anyone on TECHINVEST, I am wanting to form a group of similar minded people to discuss its views etc and information.

Click my name and send a note.

[virginialouise] 20/4/2022 10:46

Isn't 97/104 a hefty margin?

[ansc] 13/4/2022 17:37

A net 52 shares bought today and the share price is marked up 2.5p! An Easter pressie from the Market Manipulators?

Anyway, a Happy Easter to all fellow Eleco shareholders.

[brummy_git] 02/4/2022 05:32

Justin Waite & I of Vox markets talked positively about Eleco y'day here (starts 31:05)

www.voxmarkets.co.uk/articles/stocks-to-follow-on-vox-markets-01-04-22-e84b46e/

www.youtube.com/watch?v=hnrHU3wl1l8&t=386s

[chrisdgb] 31/3/2022 09:29

Such a good company.......

[ansc] 31/3/2022 09:25

In this difficult economic climate, a pleasing set of annual results with an encouraging increased dividend plus a promising outlook.

Extract from announcement:

Eleco CEO Jonathan Hunter said:

"We are delighted to present these positive results just 12 months after unveiling our revised strategy for growth. The successful implementation of this strategy has enabled Eleco to embark on its transition to SaaS earlier than expected. This marks a pivotal change to our business as we focus on securing and increasing our predictable recurring revenues.

Our customers in the built environment are embracing technology to address issues such as compliance, improvements in productivity and efficiency, the reduction of waste, and other environmental considerations. Our established presence, customer-centric approach, strong values and clear vision make us well placed to compete with the best in the market and we look forward with confidence to the year ahead."

[edmonda] 31/3/2022 07:16

Eleco delivered ‘in line’ results today, posting adjusted EBITDA & EPS of £7.2m & 4.0p respectively on record turnover up 8.4% to £27.3m (+7.7% vs FY19). This was further bolstered by 100% cash conversion (£4.75m, representing a 5.7% yield), whilst ending the period with a hefty £10m net cash balance (12p/share) – even after spending 12% of revenues on R&D.

Eleco’s award winning applications are being increasingly adopted by construction firms, asset/property managers, manufacturers and retailers everywhere.

Consequently given the strong industry tailwinds and positive start to 2022, we’ve held our FY22 forecasts (re adjusted PBT £2.9m & turnover £27.6m), and have a 150p/share valuation. Plus at 100p, Eleco trades on modest 2022 EV/sales & EV/EBITDA multiples of 2.7x and 11.8x respectively, equivalent to a wide discount vs BuildTech peers.

[ansc] 21/3/2022 10:23

Eleco Plc - 21 March 2022

("Eleco", "Group" or the "Company")

Notice of Results and Investor Presentation

Eleco Plc (AIM: ELCO), the AIM-listed construction software specialist, announces that the Company's results for the year ended 31 December 2021 will be published on Thursday, 31 March 2022.

Details of conference call for equity analysts

There will be a webinar / conference call for equity analysts at 10:30am UK on Thursday 31 March 2022, hosted by CEO Jonathan Hunter and Interim CFO Rose Clark. Any equity analysts wishing to register should contact SEC Newgate at [e-mail] where further details will be provided.

Details of webinar for investors

The Company is pleased to announce that Jonathan Hunter and Rose Clark will provide a live presentation relating to Full Year Results via the Investor Meet Company platform on Monday 4 April 2022 at 11:00 am UK.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9.00 am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Eleco Plc via:

hxxps://www.investormeetcompany.com/eleco-public-limited-company/register-investor

[ansc] 15/3/2022 18:48

6,891 shares sold today and the share price is marked down 2.5p, I don't know whether to laugh or cry!

[chrisdgb] 11/3/2022 11:11

Trying to fight back to 100p........still surely a bid target.

[virginialouise] 07/3/2022 10:30

It would be interesting to know if it is the same buyer who is mopping up all available shares at these reduced prices.

[chrisdgb] 09/2/2022 15:38

Shame as I think we have a fantastic story here..........

[smithie6] 08/2/2022 20:35

"Robert Tearle {the FD} is stepping down from the Board as a Director of Eleco plc with immediate effect."

Seems strange to leave immediately.

Another pay-off to hit the accounts. 1 year's pay ??. Been so many.

[smithie6] 08/2/2022 20:30

Brummy git wrote

"To me as a shareholder, today’s news of the passing of the CFO baton should simply be viewed as part of Elecosoft's natural transition towards a more global & recurring revenue model."

Each to own opinion but for me he is clown & would be better off not to voice his opinions, since just reveals his whacko opinions.

[piedro] 07/2/2022 07:40

Another one down and only lasted a year.

Paul Hill can say what he likes but it does not change the fact that there is a high turnover of Directors in the company.



- The question is why?

[brummy_git] 07/2/2022 07:07

To me as a shareholder, today’s news of the passing of the CFO baton should simply be viewed as part of Elecosoft's natural transition towards a more global & recurring revenue model.

Find out all the details here.

www.linkedin.com/posts/paul-hill-a5994116_elco-elco-activity-6896348207958614016-5s2J

[ansc] 01/2/2022 10:53

Tried unsuccessfully to top-up yesterday after the recent (what I considered to be an) unwarranted downwards trend so this morning's markup doesn't surprise me ..... tho' I'd love to know the reason behind this sudden burst of buying activity.

[ansc] 25/1/2022 13:43

Bearing in mind that the company's chair, in her Interim Results statement, was predicting a 'temporary reduction in our level of profitability over the next 18 months as the SaaS subscription model and strategic initiatives bed in', I'm quite pleased with the announcement.

[piedro] 25/1/2022 08:48

"Unaudited revenue for the period is expected to be £27.3m, an increase of 8% compared with the same period in 2020, and above market expectations.
...
The Board expects EBITDA for the period to be ahead of expectations at £7m, (2020: £6.7m). Free cash flow is expected to be in line with prior year at £5.5m."

8% increase in revenues
4% increase in EBITDA
0% increase in free cash flow

- nothing fantastic in that IMO

[edmonda] 25/1/2022 08:00

We have nudged up our valuation to 154p/share (previously 150p). At 92p, Eleco trades on modest 2022 EV/sales & EV/EBITDA multiples of 2.4x and 12.1x.