Eleco Public Share Discussion Threads

[ansc] 08/9/2016 17:21

Has it ever been any different with Mingy Machs? Intriguingly, they upped the mid-price when there had only been a sale (of 6k) during the morning, the two buys occurred a couple of hours later. I wonder where they got their crystal ball!?

[aishah] 30/8/2016 16:05

We're above 20,50,200 SMAs now. Could get interest here imo.

[rathkum] 27/8/2016 08:26

Asta Powerproject Users Convene in Philadelphia Next Month

Posted by admin on August 26, 2016

26 Aug, 2016 – U.S. construction project managers and schedulers will connect in Philadelphia next month for the twice-annual Asta Powerproject user conference.

The September 15-16 event at the Hub-CityView convention center in downtown Philadelphia extends an important tradition that was started more than a decade ago in the U.K. and continues around the world where Asta Powerproject has a major market share.

Next month’s conference will feature tips to get more from the scheduling software and provide practical advice from other users. Real-world use cases will be showcased, new features will be highlighted, and the projected roadmap for upcoming editions will be reviewed.

Current users and those considering making the switch to Asta Powerproject are invited to attend.

“This will be a valuable two days for schedulers as they network with others and gain practical advice to help them do their jobs even better,” says Jim Dawkins, U.S. Channel Manager for Elecosoft. “Interest in the conference so far has been impressive and really shows the passion these construction pros have for the software.”

Conference attendees will hear from several speakers including Elecosoft’s chief operating officer Jason Ruddle who will detail the company’s continued plans for the software in the U.S. market.

Other speakers include Rusty Hamilton, president of Catalyst USA, a CPM consultancy that has provided scheduling services for more than 25 years to commercial, industrial and government sector clients. Asta Powerproject users from Norwood Construction, PennDOT and more will share their experiences and insights. And Chris Ray, a consultant with Elecosoft who has more than 20 years of experience working with Asta Powerproject, will lead a discussion on the software’s future development and will solicit user feedback.

Ray will also be available for one-on-one consultancy sessions with users on the 15th.

Other educational sessions include:

• Getting starting with Asta Powerproject and understanding the value of templates
• Using views and borders to quickly create graphical reports
• Super user tips and tricks to optimize scheduling efforts
• Setting up resources/costs and understanding modeling types
• Available add-ons to extend Asta Powerproject functionality
• Enterprise implementation
• Progressing and updating with resources and costs
• Leveraging the power of Asta Powerproject BIM

More than 100 users are expected to attend the fall conference.

Asta Powerproject was originally released in the UK in 1988 and has more than 100,000 users in that country, Europe, Australia, Asia, and the Arabian Peninsula. The company began selling Asta Powerproject in the U.S. in 2013 and has seen rapid adoption.

“We’re grateful for the trust our U.S. clients have placed in Asta Powerproject and we’re committed to their success,” says Elecosoft’s Ruddle. “We will continue to invest in programs like this user conference that allow us to connect with those project schedulers who are shaping the future of construction every day.”

Tickets for the user conference are available for $179 before August 31 or $239 after August 31.

[lgw500] 26/8/2016 11:38

Gentlemen,

Thank you for your friendly comments. It is always great banter amongst us and is great fun! I do so hope you are proved correct as we have far too many shares. Do let me know if you are interested in buying some shares from me at current levels.

With kind regards

[aishah] 22/8/2016 13:08

Maybe market is waking up finally! share price now nicely above 20d and 50d SMAs and not far off 200d. Might add more. dyor

[ansc] 19/8/2016 17:10

rathkum; just ignore the never-ending whingeings of a poor loser. Has always moaned about management's lack of abilities/nous ever since he joined this thread. But when the opportunity arose at 2015's AGM to question the Board face-to-face, he didn't have the balls to ask a single question. Just another one of those spineless critics hiding behind the anonymity of a bulletin board.

[rathkum] 19/8/2016 13:01

Take a look at Sopheon and see how the share price has nearly quadrupled in under a year once the market woke up to its growth potential. Similar market cap to Elecosoft but lower on revenue and PBT. Elecosoft has a long way to go before it gets taken out at a much higher price.

And LGW500 is advising you sell up.LOL

[lgw500] 19/8/2016 11:41

Good selling opportunity before general market turmoil in mid-September. No doubt the market makers will not have space for more than 50,000 shares at a time.

[aishah] 19/8/2016 11:07

Market is sleeping here. Around 70% of revenues are non-UK. So sterling weakness will be a BIG kicker imo. I've been adding over the last few weeks. dyor

[ansc] 12/8/2016 20:26

Another satisfied Astapowerproject customer:

[aishah] 04/8/2016 14:47

It's been on my watchlist for a long time - ever since Techinvest started coverage last year. Incidentally, they added 30k @27 back in October to their Trader Portfolio. I feel now is a good time to invest with a UK rate cut and weak sterling. finnCap fcst is 1.3p for 2016. Low PSR and PEG.

[rathkum] 04/8/2016 13:53

AISHAH

Welcome on board.

Just out of interest, have you been following this company to have made your first purchase or was it somewhere you read or was tipped in some publication that made you decide.

[aishah] 04/8/2016 11:08

I've been adding here. Sterling weakness will have a kicker effect. Possible divis in 2016 too. dyor

[rathkum] 04/8/2016 10:39

Investors would likely focus on metrics like enterprise value to sales and enterprise value to recurring revenue when thinking about valuation.

To me,buying a software company on an enterprise value to sales metric of less than one times is typically solid buying as is the case with Elecosoft, now that its market cap is just under £15m.

[chrisdgb] 01/8/2016 15:32

What ratio to sales do these software businesses trade on..??

[rathkum] 21/7/2016 16:50

Thanks to Brexit it is beggars belief that the ELCO market capitalisation to historical sales ratio is now less than 1 given the current share price, tempting me yet again to add hopefully my last tranche at 20.7p. One wonders how the likes of Lombard Risk, Kalibrate,Brady etc.can command such a generous rating.

[ansc] 30/6/2016 11:32

Another pat-on-the-back for Asta Powerproject:

[as usual, read the full case study]

[rathkum] 25/6/2016 09:05

“This is one of those updates that really packs in a ton of value,” said Jim Dawkins, US channel manager for Elecosoft

[lgw500] 24/6/2016 13:43

Well, Elecosoft should now be the beneficiary of BREXIT with the majority of its earnings earned in Euros!

[ansc] 23/6/2016 10:24

At the recent AGM, the chairman was asked how a BREXIT outcome today would affect the company. With most of the company's profits being earned abroad, he answered, a weak pound (as all the so-called financial experts are predicting will happen following such a vote) would enhance such profits and also make company exports that much cheaper. A REMAIN vote would have little effect.

[ansc] 22/6/2016 10:03

A new version of Asta Powerproject launched:

[chrisdgb] 13/6/2016 07:48

Assuming such a bullish article will generate some decent buying interest today.........