Eleco Public Share Discussion Threads

[clangor2] 05/7/2007 14:25

"Ello, ello, ello, what's goin on 'ere then ?"

Other than the share price shooting through the £1.00 barrier not very much by the look of things. Where's everyone ? - I know this is a quiet thread at the best of times but this is ridiculous, I expected holders to be shouting from the roof with glee !

And where's the Eleco Oracle ? Surely Ansc hasn't done a runner, I was hoping he would've known the reason for this spike. Does anyone else out there ?

[deadly] 07/6/2007 11:26

Well I have the article, but I will not post it now to people like kfp who will not appreciate a reply.

[dorisken] 01/6/2007 17:12

kfp - this is ridiculous, I take the time to answer your query re Shares Mag and then get called a moron....

[kfp] 31/5/2007 21:32

Press summary on Citywire said a mention in Shares mag....
Why am I explaining myself to a moron ?

[dorisken] 31/5/2007 16:54

Kfp - I am curious, if you know there is a piece in Shares Mag, this implies you have seen it.... ?

[dorisken] 31/5/2007 16:52

kfp - The article is to do with choosing AIM shares to minimise taxes and in looking at minimising Inheritance tax in particular, the Shares team has highlighted Eleco as one of its top buys.

Hope this is useful.

[kfp] 31/5/2007 09:22

Has anyone seen the comment in Shares mag ?
If so could you please post.
Thanks

[westcountryboy] 26/5/2007 11:36

Now, now.... you are both highly respected posters so I suggest we draw a line under this.

ansc - some time you might like to wander across to TMF where you will get a more complete sense of Gengulphus - a very intelligent and public-spirited contributor. However the one thing you will be unlikely to find on TMF is an extended discussion of Eleco! Curious but true. I find advfn and TMF both have their uses, for different stocks.

[gengulphus] 25/5/2007 17:12

I'll post as I see fit, and that includes pointing out nonsense when I see it. And if you want to see someone not making a useful observation about Eleco and in the process getting a 'superiority' kick with respect to computer operators, look at your own post 329.

I couldn't care less whether you're offended or not.

Gengulphus

[ansc] 25/5/2007 14:25

Never mind, even if you've no useful comments to make concerning Eleco, feel free to carry on nit-picking my own observations as it clearly gives you some kind of 'superiority' kick.

On the other hand, if you decide not to add to this thread in the future, I will not be offended.

[gengulphus] 25/5/2007 12:50

I knew computers were powerful tools these days but I didn't realise they were sufficiently sophisticated to be able to decide the type (B,L,M,O,T,X etc) of trade as well. Amazing!

Not worth responding to other than to say that it is a total non sequitur.

Just as a matter of interest, Gengulphus, do you have any actual comments to make in respect of Eleco? Are you even a shareholder?

No. Yes.

Gengulphus

[ansc] 25/5/2007 11:13

I knew computers were powerful tools these days but I didn't realise they were sufficiently sophisticated to be able to decide the type (B,L,M,O,T,X etc) of trade as well. Amazing!

Just as a matter of interest, Gengulphus, do you have any actual comments to make in respect of Eleco? Are you even a shareholder?

[gengulphus] 25/5/2007 08:18

Computer operators are perfectly capable of using common sense. Unfortunately, it's quite hard to get the computers themselves to do so! And clearly with the number of trades that go through, it's the computers that attempt the trade classification, not their operators!

Gengulphus

[ansc] 23/5/2007 22:19

Cheers, I've never had any dealings with GCI.

MMs engineered the 1.5p fall today by simply dropping their bid price by 3p; the offer price remained the same all day. However, if you ignore the 'T' trades, the number of shares bought actually appear to outnumber slightly those sold. Odd, eh!

[stegrego] 23/5/2007 19:24

As the bottom bit - Growth Company Investor

[ansc] 23/5/2007 08:34

Thanks for the above, stegrego, I haven't read it before. Could you tell me where it was published as any coverage of Eleco equates to finding gold dust?

The Charles Stanley forecast has been known for some time but, even with two other publications concurring with them, I still feel £6 mil for 2007 is being too conservative. I'll leave my head above the parapet and expect it to get shot-off in October!

[njp] 22/5/2007 12:21

Good luck to you, ansc.

[ansc] 22/5/2007 11:59

Hi NJP. Thanks for the reference but, until such time as I decide to shed a few of either, I'm overweight - almost one-third of my portfolio in fact - in construction associated companies already. ELCO is six times the size of my RNWH holding but then I feel I know the company and its directors reasonably well by now. Have I fallen in love with this share?

I've broken virtually all of my own investment rules (eggs in one basket etc) with this one (and CAR for good measure!) but hey, having suffered and survived a stroke eight years ago, I know only too well that life itself is one enormous gamble.

[njp] 22/5/2007 11:09

ansc

If you're into construction, which you seem to be with ELCO and RNWH, have you considered SMC? Realise this might sound like a ramp, but then I'd hardly pick the ELCO board for that!

If you're interested, post on either board.

[ansc] 22/5/2007 10:50

Cheers flyfisher. Obviously I'm not as pessimistic as you are - I console myself with the fact that the Interims were stated to have been adversely affected by the weather - but who knows. I unashamedly have a lot of faith in Eleco's chairman and, while he's at the helm, I'll happily sail along with him.

My hunch is that once the software side is on an even keel, it will be floated and Mr K might retire. Failing that, then there's always the 2012 Olympics to look forward to - Bell & Webster Concrete could have a field day.

You pays your money....

[flyfisher] 22/5/2007 10:21

ansc - whilst i am not the seller you refer to , i have been in this stock for over a year and have exited recently , reasons being that interims were nothing special and were unlikely to lead to analysts upgrades , i don't like the dilution from share options recently released, which will reduce fully diluted eps , and the year end forecasts seem to be a little stretching to me. whilst i still like the longer term outlook for the company , and will continue to monitor, i have sold my holding in three lots, thanks for your regular posts and good luck

[ansc] 22/5/2007 09:14

Over the past two trading days, there has been just two 'sales' amongst a mass of 'buys' - both for 25k @ 95p and each recorded late in the day. It would seem, therefore, that until this seller has finishing off-loading the share price is going nowhere fast.

I wonder why they want to sell anyway?

[ansc] 21/5/2007 14:48

During my seven years on board,I cannot remember the spread being as tight as this before - 95.26/95.8p online according to HLS.

Talking of Hargreaves Lansdown, I've only just realised that they featured ELCO as their Penny Share Prophet 'Share of the Month' in the April issue. Their forecast for 2007 is profits of c. £6mil, giving earnings of 7.9p/share (too conservative IMHO, I'm hopeing for 8.5-9.0p) and a PE of 11.6. For 2008, they are looking for c. £7mil, 9.2p and 10 respectively.

Slowly but surely ELCO is appearing on one or two analysts' radar. It's just a shame that it's taken this long.