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Share Name Share Symbol Market Type Share ISIN Share Description
Essensys Plc LSE:ESYS London Ordinary Share GB00BJL1ZF49 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.65% 77.00 75.00 79.00 77.00 76.50 76.50 13,693 12:37:43
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 22.0 -2.9 -6.2 - 50

Essensys Share Discussion Threads

Showing 51 to 74 of 500 messages
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DateSubjectAuthorDiscuss
13/3/2022
12:12
In fact, DOTD actually hit an intra-day low of just 52.5p on Monday (7th. March), so at its current 80.4p DOTD's rise since then is actually 53%. A similar recovery for ESYS could take it to about 110p. Dotdigital (DOTD):
hedgehog 100
13/3/2022
11:39
Thanks to Riddler for these ESYS posts on Twitter: "riddler@riddler_smitb· 9 Mar Alot of NON Russian companies got hammered for slight rev/profit warning in the 1st 3 days of the invasions #DOTD risen well since Been buying #ESYS .....fell from £2.60 to 80p on a minor slippage 7 days ago £50mln cap £31mln cash (fund raise mid 2021 £2.00+) £20mln annual RR" "riddler@riddler_smitb IC covered it the day after the initial crash (96p) At current 75p imho it's a bargain after complete over reaction caused primarily by the geo political situation at time of ESYS up date 1:16 pm · 12 Mar 2022·Twitter for Android" https://twitter.com/riddler_smitb/status/1502634610240405516 So the IC describes it as: "A mildly disappointing trading update ..." Normally you might think that would warrant a fall of about 20%: so say to about 200p. E.g. Berenberg has cut its target price for ESYS from 345p to 270p, i.e. a 21.7% reduction. Instead of which ESYS has fallen 70%, to 73.5p! A rise of a about a third from this level, similar to Dotdigital (DOTD) in the last few days, could see ESYS back up to about 100p. Dotdigital (DOTD):
hedgehog 100
11/3/2022
12:01
11-Mar-22 10:12:59 75.00 1 Buy* 72.00 75.00 0.75 O "Journal of Banking & Finance Volume 75, February 2017, Pages 109-117 1-share orders and trades ... Abstract 1-share trades are the most common odd lot trade size, accounting for 9.62% of all odd lot transactions and 3.65% of all trades on NASDAQ in 2012. While 50.41% of 1-share trades result from broken orders, 34.89% of 1-share trades are intentional. We provide substantial evidence that traders use 1-share trades to “ping” for hidden liquidity. In particular, our results indicate that 1-share trades are disproportionately aggressive and also execute against hidden liquidity more than any other odd lot trade size. We also find a relative increase in trading immediately following a 1-share trade. Our results are in line with Clark-Joseph (2014), who suggests that traders may use small, unprofitable trades to detect information from other traders. Specifically, 1-share trades represent the minimum cash outlay necessary to trade, while simultaneously producing the smallest possible effects on a market maker's inventory, and in turn, a security's price." https://www.sciencedirect.com/science/article/pii/S0378426616302035 From the Financial Spread Betting website: "Q. When you see a trade go through for say 12 shares or even 1 share, what is that all about? ShareSurely it can't be a personal investor, is it some sort of balancing act? A: Say there are 1,100 shares available to buy on the order book. Someone buys 1,080 leaving 20 shares there on the book. The next buyer may buy 2,000 shares but the 20 shares left on the book go through as a separate buy even though the buy was for much more. In the US you actually see these separate buys on your contract note so a purchase of 200 DELL might show as 2 80s and a 40 making up the 200 that you have bought. Also, not a lot of people know this and there is a reason why, its pretty useless information but...Crest, Bloomberg, UBS, RBS, etc. anyway, most brokers, clearers, settlement banks, data people, all buy 1 share in almost every listed company so that they automatically receive and are entitled to any corporate information. It may not be the reason for any specific purchase or sale but its one of the reasons a buy/sell of 1 share."
hedgehog 100
11/3/2022
11:06
How desperate is that idiot Riddler getting that he now shouts ‘1 code’ on twitter ..what a clown 🤡😆
lima666
11/3/2022
10:18
11/03/2022 10:08 UK Regulatory (RNS & others) essensys PLC Notice of Results LSE:ESYS Essensys Plc essensys plc (AIM:ESYS), the leading global provider of mission critical software-as-a-service (SaaS) platforms and on-demand cloud services to the flexible workspace industry, announces it will publish its results for the half year ended 31 January 2022 on Thursday 21 April 2022. A meeting for analysts will be held at 09.30 on the morning of results. For more information, or to register attendance, please contact FTI Consulting at essensys@fticonsulting.com. https://uk.advfn.com/stock-market/london/essensys-ESYS/share-news/essensys-PLC-Notice-of-Results/87527355
hedgehog 100
11/3/2022
08:06
Hopefully yesterday was the bottom noticed a few biggish trades maybe the end of a seller
w1lbur01
10/3/2022
14:01
I agree the cash pile is all earmarked for investment in heads and product so it wont' last more than 23-30 months. The investment question here is whether this will generate enough new business to turn the Group profitable in the medium/long term and generate steady cash flows. Obviously first 6 months they are slightly behind. They must have done some market research which suggests that their offering is going to win in the marketplace. They now need to execute. From memory they are targetting 70m revenues in 4/5 years at 65% GM is £45m less Op ex of c,£20m generates a steady cash flow of £25m. No real working capital here as well which is good.
mrsimmons
10/3/2022
13:47
I made an initial small purchase today. I see this very much as a slow burner but todays price look to me to have value. But what do I really know!!
w1lbur01
10/3/2022
12:49
Blackrock selling down...not sure why it took the company a week to release the RNS. No director buying says it all, £30m of cash is helpful but with significant losses forecast for the foreseeable it won't last forever. I.e. the forecast is for -£15m pre tax profit in 2023, so this time next year the cash runway will be around 12 months. One to avoid IMO.
74tom
07/3/2022
18:42
Recent Share Trades for Essensys (ESYS) Date Time Trade Prc Volume Buy/Sell Bid Ask Value 07-Mar-22 16:39:44 83.75 50,000 Unknown* 80.00 85.00 41.88k O 07-Mar-22 15:07:52 80.00 300,000 Unknown* 80.00 85.00 240.00k O 07-Mar-22 15:07:52 80.00 300,000 Unknown* 80.00 85.00 240.00k O 07-Mar-22 12:00:40 80.00 200,000 Unknown* 80.00 85.00 160.00k O 07-Mar-22 12:00:40 80.00 200,000 Unknown* 80.00 85.00 160.00k O 07-Mar-22 15:07:45 80.00 175,000 Unknown* 80.00 85.00 140.00k O 07-Mar-22 15:07:40 80.00 175,000 Unknown* 80.00 85.00 140.00k O 07-Mar-22 15:07:40 80.00 175,000 Unknown* 80.00 85.00 140.00k O 07-Mar-22 16:37:34 81.00 2,500 Sell* 80.00 85.00 2,025 O 07-Mar-22 14:27:37 82.00 3,281 Sell* 80.00 85.00 2,690 O Nearly 1.6M. in ESYS shares reported late today, which is about 3% of the shares in issue. It looks like more institutional buying, & a big institutional 'share exchange' - all positive. If whoever wanted out is now out then this could move back up quickly.
hedgehog 100
07/3/2022
13:09
"The £31m they placed has all been thrown at resource and product development" ESYS's net cash at the year end was still £30.5M., so the company still has the vast majority of the sum raised, which is now looking very well-timed from the company's point of view. The company's pre-tax loss last year was only £2.9M., and in 2019-2020 it actually made a pre-tax profit. With the cash, the enterprise value of the business is now only about £23M. (current market cap. £53.1M. at 82.5p). That is an EV sales multiple of barely one, which looks extraordinarily cheap for growing software revenue, 87% recurring, with high-growth potential, and from the leading global provider. And the cash certainly increases its attractions as a takeover candidate. "But the share price you pay can be a crucial determinant of your overall return." E.g. Investing say £10K. at 85p, v. 170p, followed by a takeover next year at say 340p. The investment at 85p would have quadrupled to £40K., a £30K profit. Whereas the investment at 170p would have doubled to 170p, a £10K. profit.
hedgehog 100
07/3/2022
11:40
The £31m they placed has all been thrown at resource and product development - so this is very binary - either it will take off or it will flounder. The question is whether the offering is compelling enough. The update wasn't overly positive but it did mention strong pipeline - hopefully that starts to translate into orders. It will take time to develop these new relationships (in some new territories) so i think one needs to be patient with this one. It is not an overnighter. Fair point on the £22m to date. The EBITDA loss this year will be 7m which is presumably all the investment in heads/product to drive that future growth. They are set up for growth and now they need to execute. If you believe they can execute successfully then it is a no brainer as the margins are great. I am trying to get hold of the analysts reports and will make a decision on this one. I think it is worth a punt though but it all comes down to the offering.
mrsimmons
07/3/2022
10:48
MrSimmons, I would agree that the long term business results of ESYS will ultimately determine its long term share price. But the share price you pay can be a crucial determinant of your overall return. For example, if you pay double, then your profit on the same sum invested would be more than halved. And I see the company's 15 year history in more positive terms, as it suggests a more established company, with more substance, and greater barriers to entry. In addition, not many companies grow from start-up status to £22M. of annual revenues in just decade an a half, so that for me is impressive. Equally, not many companies have a 100% customer retention rate, especially during the pandemic, but ESYS's 87% recurring revenue rate gives it more certainty than most, and it won nine new customers in the first half. The pipeline is still strong. We are talking about delays due to the pandemic, which has hit companies like this, and others, across the board. Indeed many companies have seen their revenues slump during the pandemic, whereas ESYS's are at least increasing. If they can do that during the pandemic, then it bodes well for the post-pandemic performane. 01/03/2022 07:00 UK Regulatory (RNS & others) essensys PLC Trading Update LSE:ESYS Essensys Plc " ... Outlook The Board remains confident in the Group's future growth which is underpinned by long-term structural drivers. Despite a delay in accelerated bookings growth due to the prolonged challenges caused by COVID, the pipeline for FY23 and FY24 is strong. The Group has seen pipeline opportunities continue to grow, particularly amongst large multi-site property organisations. Larger flexible operator customers are starting to expand once again. The Board now expects revenues for FY22 will not be less than GBP23.5m (FY21: GBP22m), with an adjusted EBITDA(1) loss of not more than GBP7m. Mark Furness, CEO commented: "essensys has a resilient business model and we are well placed to deliver our long-term expansion plans. Our US business continues to grow strongly. Whilst COVID has undoubtedly had an impact on our recent sales performance, our pipeline for FY23 and FY24 remains strong, supported by positive market dynamics, existing customers returning to growth and exciting opportunities that are already underway. Our new product development activities are starting to deliver further new capabilities and we look forward to sharing more details in due course. ..." https://uk.advfn.com/stock-market/london/essensys-ESYS/share-news/essensys-PLC-Trading-Update/87416175
hedgehog 100
06/3/2022
19:26
Maybe but I want to invest for the long term. Forget about the price for now. The question for me is whether we think they will get the market share gains/new business in order to drive the revenue growth to that 70m figure. They have invested in a lot of sales resource and product development. I can give them the benefit of the doubt for the first 6 months but by year end that investment needs to start seeing some green shoots either in sales orders or a very strong pipeline of sales. That is the Punt here - if they win in the market place and the opportunity is there (hence why they did the placement) the share price will look after itself. So do we have faith in the product/service offering is the best in class and can the sales team deliver. My only question mark on that would be this group has been around a while (15 years) so presumably the offering can’t be that ground breaking as 22m revenues in 15 years isn’t exactly stellar. That’s my take on it anyway. I’m undecided on whether to invest. Would be good to get more on the half year. Also would be good to understand why they lost that uk customer. That is important.
mrsimmons
06/3/2022
14:30
Based on its very oversold technicals, and undervalued fundamentals, a significant ESYS bounce in the short term looks very plausible. Certainly into the 100 - 125p range, and perhaps even as high as 150p.
hedgehog 100
06/3/2022
13:10
"Berenberg Bank set a target price of 270 GBX for the company Posted by ABMN Staff on Mar 1st, 2022 essensys (LON:ESYS – Get Rating) had its price objective dropped by investment analysts at Berenberg Bank from GBX 345 ($4.63) to GBX 270 ($3.62) in a research note issued to investors on Tuesday, Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 114.40% from the stock’s current price. ..." HTTP://www.americanbankingnews.com/2022/03/01/essensys-lonesys-price-target-cut-to-gbx-270-by-analysts-at-berenberg-bank.html So Berenberg has cut its target price for ESYS from 345p to 270p, i.e. a 21.7% reduction. Whereas in comparison, ESYS has fallen from 245p at the end of February to 82.5p this weekend, a 66.3% fall. And the upside from 245p to the old target price of 345p was 40.8%. Whereas the upside from 82.5p to the new target price of 245p is 197%! An interesting after hours trade on Friday, by far the biggest of the day: Recent Share Trades for Essensys (ESYS) Date Time Trade Prc Volume Buy/Sell Bid Ask Value 04-Mar-22 17:05:54 99.04 88,333 Unknown* 80.00 85.00 87.49k O If it was dealt on Friday then surely it has to be a buy, probably from an institution bargain-hunting. After all, institutions were backing ESYS in a placing in July at 285p.
hedgehog 100
05/3/2022
21:41
Interesting business. They have invested to scale and hence the placing to support all those extra heads. I guess the question is whether they can now deliver that growth. Is their product compelling enough in the market. They talked in the placing circular of hitting 70m of revenues in 2025 from memory. At 65% gm that’s 40m GP less op costs which will be c.25m (?) is 15m of ebitda. Looks cheap but market clearly doesn’t think that 70m is achievable now. Fundamentally it comes down to the sales team and whether they can hit their targets. That’s the punt here. You really are investing in the management team.
mrsimmons
03/3/2022
17:50
01/03/2022 07:00 UK Regulatory (RNS & others) essensys PLC Trading Update LSE:ESYS Essensys Plc "... The Group's expansion and acceleration of its go-to-market activities has been delayed by continued COVID related uncertainty. This has also resulted in extended sales cycles leading to lower than anticipated sales bookings year to date. As a result, the Group's trading for FY22 is expected to be below current consensus market expectations. For the half year period, Annual Recurring Revenue (ARR) run rate at GBP20.3m was slightly ahead of H1 FY21 (GBP19.9m) and adjusted EBITDA(1) losses are expected to be slightly better than management expectations. Net cash at half year end at GBP30.5m was significantly better than management expectations due to delayed deployment of funds and supports our continued ability to capture the long-term structural drivers in the flexible real estate market. essensys continues to progress its plan to capture the global market opportunity in flexible workspaces, supported by the successful GBP33m fundraising in July 2021. Since the start of our financial year, we have appointed CEOs for Asia Pacific and UK & Europe, to support our long-term expansion. The APAC business is now fully operational with personnel in place in Singapore, Hong Kong and Australia. Investment in product development is progressing as planned. Outlook The Board remains confident in the Group's future growth which is underpinned by long-term structural drivers. Despite a delay in accelerated bookings growth due to the prolonged challenges caused by COVID, the pipeline for FY23 and FY24 is strong. The Group has seen pipeline opportunities continue to grow, particularly amongst large multi-site property organisations. Larger flexible operator customers are starting to expand once again. The Board now expects revenues for FY22 will not be less than GBP23.5m (FY21: GBP22m), with an adjusted EBITDA(1) loss of not more than GBP7m. Mark Furness, CEO commented: "essensys has a resilient business model and we are well placed to deliver our long-term expansion plans. Our US business continues to grow strongly. Whilst COVID has undoubtedly had an impact on our recent sales performance, our pipeline for FY23 and FY24 remains strong, supported by positive market dynamics, existing customers returning to growth and exciting opportunities that are already underway. Our new product development activities are starting to deliver further new capabilities and we look forward to sharing more details in due course." ..." https://uk.advfn.com/stock-market/london/essensys-ESYS/share-news/essensys-PLC-Trading-Update/87416175 From 245p at the end of February to 92p today, ESYS has fallen 62.45% in 3 days, to a market cap. of just £59.23M. - about half of which is covered by cash. That seems very severe for what looks like a temporary hiccup due to pandemic uncertainty, with the pandemic now rapidly passing. The enterprise value of the business is about half the market cap., which looks very cheap for an exciting software business with £22M. of annual revenue, £19.1M. of which is recurring. Bear markets can throw up opportunities to buy great growth companies at a knock-down price, and this looks like it could well be one. The company is very well-funded to exploit its major growth opportunity in flexible working, which ironically is being driven by structural changes supported by the pandemic, but look like they are here to stay.
hedgehog 100
02/3/2022
10:03
anyone any idea what is going on with this share?
shinnas
01/3/2022
08:59
Research Tree https://www.research-tree.com/researchhub. Not sure if this is on the free side or behind the subscribers pay wall.
pugugly
01/3/2022
08:52
how did you get hold of the note if you dont mind me asking thanks
theprovosts
01/3/2022
08:45
Was thinking of bottom fishing but after reading Singer's morning note decided to watch. Does not make happy reading and (imo) the road ahead is foggy.
pugugly
17/8/2021
11:32
Bought some this morning
capt bligh
06/4/2021
13:09
Looking very strong now. Great to see. Salty
saltaire111
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