Eleco Public Share Discussion Threads

[thelongandtheshortandthetall] 16/1/2020 07:35

'and can also be integrated into online stores and e-commerce platforms'

Great stuff. Elecosoft should be able to licence this AI software out.

[ansc] 10/1/2020 18:41

With steady, persistent selling over the last couple of weeks, am scratching my head as to why the share price has been rock solid and even risen slightly today.

[mbcontrarian] 05/1/2020 19:13

Is anyone concerned about the trailing twelve month earnings showing a decline in organic revenue? Concerned about how this will pan out at year end, especially with falling revenue is Sweden for the last couple of years.

[davr0s] 30/12/2019 16:11

Thanks for letting me know - I won't be buying into a tip for the time being

[chrisdgb] 30/12/2019 16:09

few buys after the Equity Development tip.....

[thelongandtheshortandthetall] 09/12/2019 09:08

not too bad :)
Award win again is very encouraging.
revenue, margins and profit all rising for 6 years on the trot.

[chrisdgb] 09/12/2019 08:59

How are people feeling about this one at the moment...?

[ansc] 19/11/2019 18:35

Could the last two trades today (of 225k & 250k) be connected?

[ansc] 18/11/2019 10:36

Elecosoft Powerproject wins Construction Computing's Project Management Software Award for the sixth year running ..... I wonder if they win it for ten years on-the-trot, will they be allowed to keep it?!

[ansc] 07/11/2019 14:35

With the Brexit 'pantomime' looking as though it's going to bore the pants off us for the foreseeable future no matter what the result of the forthcoming election turns out to be, it's worth remembering what the chairman wrote in the Annual Report:

Brexit

'As a Group, Elecosoft finds itself in the enviable position to be able to mitigate any uncertainty by continuing to refine the cash management strategies started in the period leading up to the Referendum on 23 June 2016.

Since this period, we have actively managed our revenue streams and local income and expenditures within and without the EU to ensure there is adequate cash generated and held in these regions.

This spread of business with local income and expenditures creates a natural hedge to volatility and uncertainty and while closely monitored we have yet to undertake any additional actions outside the normal course of business.'

Add to that the fact that 63% of turnover was generated abroad in 2018 makes Elecosoft (imo) a solid investment in anyone's portfolio.

[ansc] 05/11/2019 11:57

Header data now up-to-date. Surprised to find that non-exec P Karlsson has become a shareholder as I thought that 'Aim Rules and Regs' necessitated a RNS whenever a director dealt in that company's shares (although I have to admit at not being au fait with any recent changes); none has been forthcoming.

Although the overall take-up of the scrip dividend shares on offer was 45.7%, encouragingly I make the company directors' take-up as 88.5%.

[chrisdgb] 01/11/2019 09:57

Nice to see a little bit of buying interest, I still firmly believe this will be a prime takeout candidate in the next year......just remember those Equity Development valuation metrics.

[ansc] 31/10/2019 18:42

Looking at today's trades/timings, the 45k traded at 11.13 (@ 76.0p) and marked as a sale looks like a 'porky' from the Market Manipulators (imho); the share price would hardly rise by 1.0p in such an event.

[andycomm] 28/10/2019 14:02

Ahhh. Thanks for the link!

[ansc] 09/10/2019 10:57

Elecosoft's Framing, software of choice for new design company:

[ansc] 08/10/2019 08:59

Grupo Residential (in Panama) uses Powerproject:

[edmonda] 24/9/2019 07:06

Strong interims: H1’19 cash conversion at 118%, adj EBIT + 20% to £2.14m (margin 16.8%) on revs +20.4% to £12.7m

Equity Development research now out: FY19 revs and adj EBIT ests trimmed to £25.6m and £4.35m. Valuation 100p/share.

Click here for full note, free access:

tiny.cc/qgdadz

[ansc] 09/9/2019 14:20

New Elecosoft article in BIM Today: Building on the G-Cloud:

[chrisdgb] 27/8/2019 09:56

Good spot, thanks for the link..........my thoughts exactly....

[rathkum] 27/8/2019 08:59

30 possible takeover ideas. Spilt equally between large & smallcap stocks – covering a broad selection of industries.

[chrisdgb] 08/8/2019 13:15

Wow, was everyone asleep yesterday.........?? Still think 140p bid in the next 12 months.....

[equitydev] 07/8/2019 07:43

Almost every organization on the planet is busily trying to digitalize, automate and ‘smart-enable’ its operations. Not only to communicate/understand their customers & employees better, but also transform their businesses, become more efficient and vastly improve the quality of products & services.

The construction & property maintenance industry is no different, yet it has traditionally been slow to embrace this new ‘paradigm̵7;. However things are changing… and fast.

Here BuildTech software developer Elecosoft said today that trading is “in line FY expectations” - with H1 revenues jumping 22% in constant currency terms (20% reported) to £12.7m (ED est), EBIT margins similar to H1’18 (ie 16.6%) and net debt closing June at a modest £0.6m (or 0.1x EBITDA) vs £2.1m in Dec’18.

What’s more, this encouraging top line growth is higher than our FY19 forecasts of +18.8% YoY (based on 5% LFL CC), and more so given we’d assumed an H2 bias due to tough comparatives and Q2’19 product launches. Going forward, we reiterate our FY19 EBIT forecast of £4.5m (margin 17.1%) on turnover of £26.4m, and likewise hold the valuation at 115p/share. Nonetheless, if this momentum is maintained, then there should be scope for upgrades as the year progresses.

New research freely available here:
hxxps://www.equitydevelopment.co.uk/company/?company=Elecosoft+plc&c=3YTO

[losses] 07/8/2019 07:36

Https://www.equitydevelopment.co.uk/edreader/?ltkn=1585f21bd363e159a66d3ef71e6b2aed3z4YBc1f&d=%3D%3DAOxYjM

[chrisdgb] 01/8/2019 10:50

Wonder if we will see a trading update soon....???