Share Name Share Symbol Market Type Share ISIN Share Description
Escher Grp LSE:ESCH London Ordinary Share IE00B6SKRB38 ORD EUR0.005
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 140.00p 130.00p 150.00p 140.00p 140.00p 140.00p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 18.1 2.2 8.1 18.5 26.33

Escher Grp Share Discussion Threads

Showing 426 to 448 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
17/11/2017
09:49
very poor forecasts from Panmure this morning: Estimates rebased: Our rebased forecasts assume the company can achieve one small, one - mid and no large deals. We believe this provides limited downside and is strongly underpinned by recurring revenue from Maintenance and S upport (52% in FY’16A, up from 32% in FY’13A), which grew at a three year CAGR of 13.4% to FY’16A. Right - sizing the business: Given the announced restructuring actions, we expect adjusted operating costs to decline 10% in FY’18E following a 7% decline in FY’17E. In a stress test scenario, we think the company can produce $2.7m of EBITDA in FY’18E and beyond if no new licence sales are achieved. Going forward we believe the company can scale up external resources through outsourcing which we think will in creasingly move offshore. Upside to estimates: Upside to our $3.5m FY’18 EBITDA estimate can be driven by large customers where license sales exceed our $1.6m estimate. Incremental software revenue immediately impacts profitability in the first year gi ven it is almost 100% gross margin. This is followed by associated services revenue following signing and ongoing Maintenance and Support revenue thereafter. Upside to valuation: On a one year forward basis, Escher shares trade at 9.4x EV/EBITDA, based on our $3.5m estimate. Our EBITDA forecast is predicated on $1.6m of licence sales ($1.0m new, $0.6m recurring) in FY’18E versus $4.6m in FY’16A. $2.0m in licence sales beyond our FY’18E estimate would result in EV/EBITDA of 5.7x which we feel justifies a premium multiples based on existing forecasts. The company’s recurring revenue stream alone (ex - non - recurring licence, development and consulting revenue) trades at 2.8x revenue w hich we believe is good value Sales: '17e - $18.0m '18e - $17.6m '19e - $17.8m PBTA '17e - $0.0m '18e - $1.0m '19e - $1.2m
mccawber
14/11/2017
11:21
A disaster
deuchar
14/11/2017
09:49
Starting tp look like a serial failure -Also spread impossible - Nothing against the Irish but real traction needed and have doubts about sustaining revenue A limit (imo) to how many licences can be sold - Surely for every one sold you reduce the potential pipeline by ONE. GWW: Do you know yho are the competitors and the relative strength of their offerings?
pugugly
02/9/2017
18:18
Another update of total voting rights
the ghost who walks
16/8/2017
16:09
Why did Escher update share voting right numbers?
the ghost who walks
01/8/2017
06:07
Seems decent figures. Comment on adding second leg
the ghost who walks
13/7/2017
17:02
I wonder if Hannover buying more
the ghost who walks
13/7/2017
11:15
looking really strong again today
qs99
07/7/2017
17:29
Really moving now
the ghost who walks
06/7/2017
18:54
Starting to tick up again
the ghost who walks
05/7/2017
10:14
Holding steady
the ghost who walks
27/6/2017
11:46
What could Hannover see here?
the ghost who walks
26/6/2017
06:07
Hannover up to 25%
the ghost who walks
23/6/2017
09:46
Directors sold, wonder who bought
the ghost who walks
22/6/2017
19:11
Seems another 2.3mln shares traded in a block....
the ghost who walks
09/6/2017
11:15
Surprised this one not moving
the ghost who walks
01/6/2017
08:27
Seems to be stable at this level
the ghost who walks
30/5/2017
08:40
Ticking again
the ghost who walks
26/5/2017
11:02
Decent momenum
the ghost who walks
25/5/2017
08:52
Interesting changes in shareholder base
the ghost who walks
23/5/2017
16:59
Interesting that Hannover emerges here.
the ghost who walks
23/5/2017
15:25
indeed, they have a rich history of sorting out troubled assets. guess they are likely to take this one private given its size. lets see but I for one would like this taken off my hands (for a decent price)....
edwardt
23/5/2017
13:53
Looks like Hanover have significantly increased their stake. Last August they took Hydro International private saying that they were unlocking hidden value not realised by the public valuation. Perhaps we might see something similar happen here.
sharpish
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20171118 01:21:22