Eleco Public Share Discussion Threads

[ansc] 24/4/2018 17:47

PICNIC: Further to your original post [475] and my response [476], I've heard back from the company this afternoon regarding J D Lee's significant holding increase. The onus lies with the investor to notify the company of any significant changes in their holding before any company can issue the requisite RNS; in this instance none has been received so, following my enquiry, the company secretary has written to the investor. Why this change wasn't spotted by the co sec at the time of receiving the latest shareholder information from the company Registrar or Broker was not mentioned.

[petewy] 22/4/2018 23:22

PROGRESSIVE Equity Research Alert have a report on ZOO

hxxps://bdadvanced.ipreo.com/OpenFileLink.aspx?ID1=fecc666f-9196-46bd-a746-8bc76848a1cb&ID2=492653150

[petewy] 22/4/2018 23:22

Filter him. Price arrow next to his name and down to filter

[smithie6] 22/4/2018 22:28

I see you are standing up to your name !!
"Grummy git"

you are a bit touchy !

only 5 posts on this thread in ~ 3-4 days & only 1 is mine.


& my post before that was 3 weeks before !

3 weeks between 2 posts from me & you are moaning & getting your frilly knickers in a twist !

you are nuts !

[brummy_git] 22/4/2018 14:51

Please Smithie6 (big favour) - don't suppose you could leave this message board alone. You seem to have this uncanny knack of haunting numerous AIM stocks, when all everyone wants are quality/sensible posts.

[petewy] 22/4/2018 12:54

Last November it was one of Slater's top shares
[...]

[rathkum] 20/4/2018 08:28

IC: Tip of the week

Elecosoft: Transformed and Underrated

The construction software group has enjoyed strong sales and earnings growth, and envisages future cross-selling opportunities.

[picnic] 19/4/2018 22:34

The hiccups in the intraday chart at 9,11 and 2 0 clock are Due to the periodic auctions that take place at those times .Just noticed delayed trades of 250k @55p
and 106154 @55p which may be a result.

[petewy] 19/4/2018 20:18

For more info on shareholders try{

[rathkum] 19/4/2018 17:49

The link below gives you the breakdown of all major holders including mutual funds, institutional and direct holders in more detail.

[ansc] 19/4/2018 11:25

No, PICNIC, you didn't miss the requisite RNS because there hasn't been one! I'd noticed the change myself and am attempting to contact ELCO's part-time company secretary but he's always been hard to track down. If this J D Lee is whom I think it is, he is a prolific investor (have seen his name mentioned in various companies) so he ought to know the AIM Rules & Regulations off by heart.

The intraday chart appears to have got another dose of the hiccups this morning. I can't fathom out why this happens when not a single trade has been marked.

[picnic] 18/4/2018 13:41

Looking at Elecosofts website it would appear that Jd Lee has a holding of
5,052,850 6.52%. Must have missed the RNS.

[ansc] 10/4/2018 17:33

A net 215k shares sold today and once again the share price held steady ..... somewhat confusing.

[petewy] 10/4/2018 13:39

ex-div was April 5th could be relevant.

[ansc] 09/4/2018 18:53

Three big sales marked today that interestingly didn't perturb the share price

[ansc] 06/4/2018 09:15

Willmott Dixon uses Powerproject in it's multi-phase east London project:

[read the full article]

[ansc] 04/4/2018 16:00

Report ends:

Current trading, summary and conclusion

The results RNS provides an upbeat outlook commentary, and describes the business
as having performed “very well in the first months of the current year”. There is reference to ongoing Brexit-related concern, but the statement highlights that only around one third of revenue (and profit) is generated in the UK, so the group is partially hedged against a Brexit-related slowdown in the United Kingdom.

Overall, the 2017 result showed good delivery against key strategic objectives, with a number of product developments, a push towards SaaS delivery and associated high-value recurring revenues, and a steady expansion in geographic reach. The drive to increase sales via partners is ongoing, and the group is now benefiting from a reinvigorated senior management team.

Elecosoft continues to command a strong position within many construction-related
technology areas; its products have numerous high-profile references, and are
frequently market-leading. We note that the outlook statement mentions further potential M&A activity, and we believe the group to be well placed to benefit from such expansion. We await further news, both organic and potentially acquisition-related. Most importantly, we believe that the construction and related sectors are still in the early phases of the adoption of technology – there is much yet to be done, and Elecosoft can build on the success of 2017 with potential growth in revenue and profit for many years ahead. The market is far from mature, and the group’s strong existing position provides an excellent platform for long term expansion.

[ansc] 04/4/2018 13:00

Introduction from above report:

Elecosoft plc (ELCO)

Leading the way

Elecosoft has reported a strong 2017 year, with profitability ahead of our expectations on strongly growing revenue. The group has generated cash, has moved to a net cash position, and is enjoying success on a number of fronts. Elecosoft has market-leading positions in a range of segments, and continues to blaze the trail for adoption of technology in construction and related industries. With 2017 delivering a good result, we look to the future with confidence.

[petewy] 04/4/2018 09:25

PROGRESSIVE Equity Research Alert has a report pdf today. "Leading the way"

[ansc] 29/3/2018 09:44

With Staircon from Elecosoft, there’s nothing that Excel Stairs cannot do

[read the full case study]

[smithie6] 27/3/2018 13:43

well done to everyone at ELCO

---

strong hold imo

imo the share price is only going 1 way from here & its not down ! 😉


numerous positives in the prelims imo


only 1 small -ve imo ...I was hoping for bigger % growth in USA turnover...
but bit by bit...with the type of software & end users it takes time to grow in new markets. ( the growth in other oseas mkts was high)

[ansc] 27/3/2018 13:00

The results announcement reads OK for me although the market reaction so far is not overwhelming. The chairman's outlook statement is sufficient for me to 'tarry a while':

Outlook

We see significant and growing opportunities for our software to enhance the performance of businesses in construction and other sectors, by improving the timeliness, cost-efficiency and risk profiles of customers' projects. Thanks to the dedication and skills of our talented colleagues, Elecosoft is increasingly seen as a market-leading provider of construction software and training, across all phases of a construction project and beyond, in the on-going lifecycle of buildings with an excellent reputation for developing and delivering market leading software to our customers.

Although there is ongoing uncertainty in the market, notably in relation to Brexit, only 32% of our turnover and 32% of our operating profits were earned in the UK in the year. With the majority of our profits earned in, and employees based in Sweden, Germany, the Netherlands, Belgium and the United States, we remain resilient to the effects of Brexit, and the fundamental drivers of our business remain positive.

I am pleased to report that the Group has performed very well in the first months of the current financial year. We remain open to utilising our strong balance sheet for further bolt-on acquisitions, as the successful execution and integration of Icon provides a blueprint for future transactions.

I am confident that our unified branding, continued investment in software development and increased integration of our product portfolio will open up further exciting prospects to cross-sell our products.

My colleagues and I therefore look forward with confidence to the year ahead.

[smithie6] 21/3/2018 09:08

RNS out that results will be on 27th Match