Esr 2022 Share Discussion Threads

[aimbagger] 14/4/2020 09:51

1.4179's all buys also. Expect there to be a bit of a frenzy when the TR1 lands. If people haven't already seen the 2 massive 15.3M sells from last week printed they won't know that Link are out and they'll think they still have 30M to dump... the TR1 should bring a new wave of buyers purely down to cash levels of 3p and no debt. Cash burn has been reduced by 55% recently so its likely to last them well over a year.

[babbler] 14/4/2020 09:12

Also, buys at 1.42 area showing as sells. MMs are playing this hard.

[babbler] 14/4/2020 09:03

It ain't moving yet people selling below. MMs don't want to give them away now with seller gone.

[imjustdandy] 14/4/2020 08:00

Big RNS later today confirming seller is out. Watch this go today

[aimbagger] 14/4/2020 07:56

Investment/trade case ? ??Sellers cleared. TR1 likely today!??Rebuild strategy delivering??Reduced cash burn by 55%??Breakeven at operating level 1st time??Cash £7.8M (3p per share) 29/02??No debt??Current Mcap £3.7M!

[stocktrend2] 13/4/2020 23:03

Easy bagger = lvcg everyones talking about it on twitter

[aimbagger] 13/4/2020 20:06

Chart from AntMwah targeting 1.99p, 2.14p & 2.36p (161.8% ext) with a break of 1.7p. https://twitter.com/antmwah/status/1249764640541851650?s=21

[fatgreek] 13/4/2020 19:18

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[amch] 12/4/2020 21:57

In the results the company makes a big deal about having made a positive marketing contribution for the 6 months to the end of Feb.Some people think this means the company is now break even. This isn't the case. Market Contribution is before wages and overheads. These were £8m in 2019.The £7.8m cash at the end of Feb could be gone within a year, especially with any reduction in trading with Coronavirus.

[imjustdandy] 12/4/2020 11:04

I can see this moving up to 6p easily

[dangersimpson2] 11/4/2020 10:57

I take a look at EVE in the following talk on UK Net Nets:



Can they reduce admin expenses enough to have a profitable scalable business?

[imjustdandy] 10/4/2020 17:23

I expect this to move towards cash at bank in hand with is around 3p

[fatgreek] 10/4/2020 17:18

Get your seatbelts on boys for next weeks big blue event

[imjustdandy] 10/4/2020 07:56

We will see this double next week then settle around 3p. RNS on Tuesday confirming institution is out. Small overhang possibly still to clear but daily buying volume suggests the MM have cleared the last 33m

[aimbagger] 09/4/2020 15:38

Overhang gone :)

[aimbagger] 09/4/2020 15:27

Cash is king in a challenging market and the company have over 2x their current Mcap in it! What's the catch? There isn't one... seller has suppressed the price for ages, now gone.

[babbler] 09/4/2020 15:26

It is. And link now officially out. RNS will come Tues. See today's rns and yesterday's sells. Some people need conformation. It's coming.

[imjustdandy] 09/4/2020 15:16

Seems a no brainer- £8m of cash on a new revised "right sized business model" . £3.5m Mkt cap

[imjustdandy] 09/4/2020 15:15

capital expenditure

Due to the Group's outsourced business model, capital expenditure
requirements remain low. The main area of capital expenditure in 2019
related to ERP systems infrastructure. Total capital expenditure in 2019 in
the form of intangible software assets totalled GBP0.5m (2018: GBP0.4m).

cash position

The Group had cash and cash equivalents of GBP8.0m at the year-end (2018:
GBP6.0m).

[imjustdandy] 09/4/2020 15:09

Link news is lagging their actual position by 2 days. We will hear on Tuesday they are fully out. The road ahead is clear to 3p

[aimbagger] 09/4/2020 15:04

Overhang will clear soon with the volume then it should see a swift move to the 2's. I've just bought 2 more lots with that confirmation RNS.

[imjustdandy] 09/4/2020 14:55

two trades yesterday of 15.3m suggests the 30.6m they had left on 7th April is now gone. Time to fill up - this will mull bag now

[aimbagger] 09/4/2020 14:49

Link are out!! 30.6M as of 7th, 2x sells yesterday equating to 30.6M!! Slight overhang today but they're gone... Bring on the re-rate!