Establishment Investment Share Discussion Threads

[windjammer] 10/10/2007 10:20

HI got in at 105 this morning had to buy over the phone no online dealing then a call had to go out to MMs just in time 5 seconds later shot to 114. This will hit the press the weekend then who knows how high it will go

[explorer88] 10/10/2007 09:38

7000 buy at 120p

[explorer88] 10/10/2007 09:32

rh - big net losses? highly unlikely when you research GZL operations and see current revenue growth and gp figures. DYOR

[robhammers] 10/10/2007 09:10

careful-its gross profit they stated.

They could still make big net losses

[explorer88] 10/10/2007 09:01

good morning longshanks

if you're planning to invest in ETC you may wish to do so sooner rather than later. imo, the majority of the share price re-rating will happen very quickly

[johnnyad] 10/10/2007 08:25

I recon there can't be too many shares in free float either, otherwise they would not be moving this up every time someone buys 2-3000 shares.

Early days, but looks promising.

[longshanks] 10/10/2007 07:43

Yes, thanks for setting this up TopInfo. I too have been monitoring though haven't taken the plunge. I have some exposure through BSP who have a significant (about 1%) holding in ETC - but on the basis of these figures may buy some shares in the company itself. Still well below most people's radar at the moment.

[explorer88] 09/10/2007 17:14

Well done for starting new thread Topinfo

I've been tracking and researching ETC since it listed on AIM

I was fortunate to get into ETC at the opening this morning and anticipate that there will be a very substantial re-rating on the back of this morning's numbers.

£3.6m gross profit in the last three months, revenues growing strongly, and a m/c of £30m...:-)

Fundamentals suggest we could see this rise rapidly to around 300p and a m/c of about £100m

[grmstag2] 09/10/2007 16:12

i was hopeing someone could clear that up also. Even on a PE of 4 going forward, in one of the fastest growing and strongest markets for years to come, it has to be a steal

[johnnyad] 09/10/2007 16:01

GZL seems to be the bulk of earnings, however, ETC own only 50% of GZL and I'm not sure the figures for group earnings take this into account.

Otherwise ie if they have only stated ETC's share of GZL, this looks promising.

Any other views appreciated.

[grmstag2] 09/10/2007 11:35

decided to buy a few this morning as they look incredibly cheap. with 3.6 mill profit in the last 3 months that would put us on a PE of 2 going forward- am i missing something?

[tradesman] 29/8/2001 18:39

and what about this one!


definately exhibiting an irrational trend!