Eleco Public Share Discussion Threads

[ansc] 22/2/2020 11:33

Thanks, rathkum, a great spot. Good to know you're still on board ..... happy to say I'm still (foolishly!) fully loaded.

[rathkum] 21/2/2020 19:04

Paul Hill of PMH Capital discusses Elecosoft. Starts at the 35m mark

[brummy_git] 13/2/2020 15:13

Schneider Electric & RIB software deal multiples and upside potential for Elecosoft can be found here

[packman8] 13/2/2020 12:21

Note Schneider Electric bid for RIB software today.

[ansc] 29/1/2020 10:35

Looks as if the share price is following a similar pattern to last year's run-up to the results announcement (on 19th March) with a gradual drift lower. We'll have to see whether there will be a similar repeat post announcement when the price did eventually recover strongly. The recent trading update didn't give cause for alarm (imo).

[ansc] 22/1/2020 11:40

It looks as tho' 800k has swapped hands this morning, will we be getting a RNS?

[ansc] 22/1/2020 09:43

azure: I agree totally that the morning's markdown was contrived by the Market Manipulators but it worked and a few 'rabbits' bolted for the exit. As you say, we'll never know but as I've stated many times before why, in this electronic age, these blood-suckers are allowed to delay trades willy-nilly (thereby deceiving investors), I'll never know. A level playing field is long overdue.

[gilesy] 22/1/2020 08:42

bought in today at 82p
looks like a great company to me

[azure8269] 21/1/2020 22:37

Ansc - I saw that 50k and smiled. Funny how often a price drops in an afternoon, triggering stop losses. Then a sale goes through to absorb the sales. I always wonder did the order for 50K wait for the price to be 83p or did the order for 50k at 83p trigger the price fall to activate stop losses to fill the order. We'll never know, and MM will say " you didn't have to sell"

[ansc] 21/1/2020 18:13

A 50k trade marked just before the close that didn't make the share price flinch ..... supply and demand?

[equitydev] 21/1/2020 07:45

New research freely available here. Valuation nudged up from 100p to 105p/share

hxxps://www.equitydevelopment.co.uk/company/?company=Elecosoft+plc&c=3YTO

[mbcontrarian] 20/1/2020 19:32

I appreciate your position and your points are valid, I agree. Hey, we all arrive at different conclusions and that's the beauty of investing, right.

[ansc] 20/1/2020 15:05

Let's get it right, six in 20 years and the longest serving of them, David Dannheuser, has even returned after his sabbatical (change is as good as a rest) to become one of the non-exec directors. You also conveniently didn't mention that, during the last 12 years, the company has transformed itself from being hands-on construction into an international software one.

But hey-ho, that is irrelevant when you're intent on rubbishing the company. Enough said.

[mbcontrarian] 20/1/2020 14:06

Okay, 6... but offset that with 2 stints where no FD was employed and hopefully I can be forgiven. Still remains the highest turnover of FDs on the market...

[ansc] 20/1/2020 13:59

[MBcontrarian - 17 Jan '20 - 15:10 - 811 of 814

I understand your attachment to the company and don't want to offend, so apologise if I have done.

Trying to offer some balance of opinion. 8 Finance directors in almost as many years is something that concerns me personally & lack of organic growth.]

A sweeping and alarmist sentence but how true is it? With all of my long term investments (first ELCO purchase February '20) I keep notes of important events and, over the weekend, read through their file going back over the 20 years; clearly I must have been very lax during this period as I could find just six FD changes (and one of those was appointed on a part-time basis) during these 20 years ..... this concerns me!

If the names and resignation dates of said FDs can be provided, I'll need to swiftly update my notes accordingly. Otherwise I'll assume the 'eight FDs in almost as many years' was a porky pie thrown in for added effect.

[mbcontrarian] 17/1/2020 17:15

Have you looked in detail within the subsidiary accounts that contribute to this "organic" growth?

[rathkum] 17/1/2020 16:55

MB

I have rode this beauty from 2013/14 in the 7p-8p range to the current price. And sure, that has been achieved through lack of organic growth. Give me a break.

[thelongandtheshortandthetall] 17/1/2020 15:28

Thanks calljoe.

That's great. I expect other manufactures and suppliers will take it up too.

[calijoe] 17/1/2020 14:15

Has anyone tried using the AI visualisation software yet?

It appears Karndean are already a customer, and using it to sell floor coverings on their website

"Karndean Design Flooring are one of the first to release Elecosoft’s AI Visualisation Tool marketed as Floorstyle."

[mbcontrarian] 17/1/2020 12:16

But no one can rationally dismiss my comments?

These are serious questions that need to be considered.

[equitydev] 17/1/2020 12:01

If anyone wishes to try out Elecosoft's AI visualisation tool themselves - perhaps even to purchase a new floor covering for their house - then please follow the below link on their website:

[mbcontrarian] 17/1/2020 11:53

Your analysis should elude you the fact they've had the highest turnover of Finance directors on the London stock exchange.Plus growth through acquisition. Free cash flow growth through cutting costs.. Still content with your research?