Enables IT Share Discussion Threads

[viateluk] 09/8/2009 23:40

But who is it that is providing this mystery tour please?..or have I missed something....and yes...I am no where near as clued up on these things as you guys obviously are. I was under the impression that the principal shareholders were calling the tune...is that not correct?

[wilson blade] 09/8/2009 18:55

I think the term is "its like taking sweets of a child" it must be like a magical mystery tour for the principal shareholder's or in short been taken for another ride!!!!!!!

[goldenmember] 07/8/2009 18:14

Sounds and smells like absolute bullsh*t to me! I agree that this should just lay down and die with some dignity!

[cheshiremoggie] 07/8/2009 08:46

The share price has been remarkably stable here for a month or more now. The risk grade must be down to nearly zero. LOL!

I wish some of these companies would just lie down and die though - it will mean less competition for the winners.

CM.

[andre] 07/8/2009 06:55

Same people.... bought the run down company cheap, I expect.

[goldenmember] 06/8/2009 11:07

The Eagle has (crash) landed!

[wilson blade] 05/8/2009 11:51

There seems to be some hipe about a MBO!!!!!!!!!!!!!!!! same people different day perhaps?

[viateluk] 28/7/2009 10:13

If I have read these things correctly....increasing the sales revenue is good....increasing the margins is ...also good....but damn near doubling the operating costs seems a little "not good"....perhaps? Add to that the fact that every £ of this increased turnover is producing pretty well an equivalent loss then I would find that scary if I had too much tied up here.

I know to the financial boffins this may appear a little simplistic...but the bank managers, who are known for being quite simple people, may have seen it the same way...hence the need to reduce the borrowings....which 2 years ago was the overdraft I believe?

Bye bye Eagle I......you are ready for the vultures imvho.

[wilson blade] 26/7/2009 19:56

Reading all the posts on this company it makes you wonder if the position its in today was not unexpected and someone is looking to pick the bones and rise once again!!!!!!

[andre] 24/7/2009 23:13

Wilson. The company seems to have been run more like a private club then a public company IMHO. Sooner gone the better. The sector will be al the healthier for it. However, I do expect a MBO or similar. Just don't expect the private investor to come out too well. Tradition dictates otherwise. Again IMHO.

[wilson blade] 24/7/2009 14:28

"These guys are all PR and no performance" any background on the management team in this company?

[lucky punter] 24/7/2009 08:15

Wilson The only news will be whether they fold or not. I cannot imagine they will look very attractive to any investor for a bail out. A few large investors have lost their shirts on this pig.

[wilson blade] 20/7/2009 10:55

Anyone got any further news on this company they seem a longtime coming forward with new news!

[andre] 13/7/2009 22:01

Is this suspension still ongoing?

I hear today that there will likely be a 'phoenix from the ashes' scenario. So this might be the end of EIT as it stands. At least one sales guy is touting around the recruitment agencies and wondering if he has a job next week.

Still, should we feel sorry for a company who haven't been very successful as far as the private shareholder is concerned?

[cheshiremoggie] 01/7/2009 12:15

Is it Mr Krell or RBS who want their money back? - My bet is that its RBS.

CM.

[cheshiremoggie] 01/7/2009 12:08

Of course, shareholders may decide to pump more cash into the company and all will be well.....for a while.

CM.

[cheshiremoggie] 01/7/2009 12:02

ooops....EIT always did look vulnerable - non-profit making companies with little cash are not very good propositions at the moment.

CM.

[tom306] 01/7/2009 08:23

and now they seem to be in trouble.....

[zigbee] 30/6/2009 10:17

These guys are all PR and no performance

[sll] 01/6/2009 12:59

why does it take such a small company nearly 6 months to get prelims out?
have I missed the reason, if one was given?

[red imp] 30/5/2009 08:54

Talk about being overvalued - EIT's market capitalisation is now only £1m less than that of Cybit.

[goldenmember] 22/5/2009 11:30

Looks like Homeserve are selling a significnat part of the business. I wonder how this will impact EIT.

[andre] 27/4/2009 21:58

Add to that hardware problems and you have a nice recipe for collapse.

[ghtt] 05/3/2009 21:47

This company is dead in the water.

Small sales, big losses, huge debts.

This sector needs a shake-out and this recession is going to do it. These cheap-sales customers will fall back to the market leaders as the industry consolidates.