Eurodis Elect. Share Discussion Threads

[crossfirecssf] 26/1/2005 11:29

Not much to say...just waiting for the day....

As has become customary I'll be donning the incontinence pants and crash helmet tommorrow 7am.

[aaaardvark101] 26/1/2005 11:25

Can't beat the Monteverdi version, IMHO.

[bob2001] 26/1/2005 11:18

Must be mad but I am going to average down. I can get 1.51 from Barclays so I guess all the sells are Buys.

[momentos] 26/1/2005 11:08

I found a theme tune for the PJTS05 Club anyway, courtesy of Christoph W. Gluck:



Or if you want the full libretto:



Haven't found the delight of an MP3 copy yet I'm afraid.

[momentos] 26/1/2005 10:24

Watching too to add, even if there is no drop, by cob today.

[pippin] 26/1/2005 10:00

Comdirect still offering 2.5 million at 1.51. Tempted but not enough yet!

[chiansaw] 26/1/2005 09:58

....On the Western Front. Wait til you see the whites of their eyes lads....

[momentos] 26/1/2005 09:48

'Twas the night before Results, when all through the house
Not a creature was stirring, not even a mouse...

Morning all, quiet here.

[boiiinngg] 25/1/2005 20:59

Western - I have the same dilema as you with ISYS but think I might shift a few over....

My Guestimate is 175 Euros....

Gromley 161m
Mike 012321 Euro 166m
CrossfireCSSF 169m
EdWinchester 170m
greenwellsglory 174m
Boiiinngg 175m
Lekka 178m
West 181m
Momentos 187m
realcooltrader 198m
CHIANSAW 205m

[momentos] 25/1/2005 19:48

One of the key statements imo back in the November pre close update was this:

"We expect that net debt at 30 November 2004 will be below Eur 60m. Our facilities headroom is in line with our expectations and, notwithstanding the usual Christmas seasonal dip, we expect headroom to remain adequate going forward."

This is the final results statement:

"As at 31 May 2004, net debt was EUR 47.5m (2003: EUR 96.1m), giving a net debt
to equity ratio of 1.1 (2003: 2.3)."

This gives us a handle on the cash position deterioration. Effectively it is saying max 12.5m Euros.

[mike012321] 25/1/2005 18:19

Upbeat Firm Talks of 15% Chip Market Growth
By David Manners -- Electronics Weekly, 1/25/2005

Worldwide semiconductor sales will grow at 15 percent this year, according to projections at IFS2005 the International Semiconductor Forecast Seminar 2005, organized by Future Horizons in London today.

"We think the first half of 2005 will be slow but Q3 will be strong," said Malcolm Penn, CEO of Future Horizons. He expressed surprise that other analysts are putting out lower forecasts. "The perceptions are appalling, no one believes in the industry," said Penn.

In-Stat, for example, is predicting a 5.7 percent fall in semiconductor sales in 2005.

One reason for Penn's optimism is that the industry has been surprisingly disciplined in the last six months -- cutting back sharply on capital expenditure as soon as the markets started to look soft in July 2004.

Another reason is that, box production has continued to increase suggesting that end market demand has not softened, and that ordering cutbacks merely reflected a wish to control inventory.

On the investment side, Penn saw the venture capitalists coming back strongly into the semiconductor industry with $20 billion invested last year and 250 IPOs achieved.

In the peak year of 2000, the figures were $106 billion invested and 385 IPOs achieved. But the venture capital and stock market flotation activity is now significantly strengthening.

[westernedge] 25/1/2005 17:11

Sorry Mike.. i gave the wrong inference
No i cant know can I... because that would be insider knowledge and illegal
But we should be , as active investors, able to work a number out without guessing
So ive done the sums and looked at market expectations.. and..I know rogers wont wanna show a full hand .. yet

Rethink for me if its below that.......

[momentos] 25/1/2005 16:54

That extrapolation based on 2004 Annual report.

Sales e327.9m, Gross Profit e52.4. Assuming static gross profit margin:

To cover 2004 operating expenses (e75.4m) need 44% increase to e471m.
To cover e63m operating costs flagged in recent statement need 20% increase to e394m (excludes interest, exceptionals).

No skew towards H1 or H2 so anything near 200m Euros means were well on the road to recovery.

[mike012321] 25/1/2005 16:49

westernedge

"Bold cos it aint a guess...."


er...so you know??

[westernedge] 25/1/2005 16:44

fwiw my elh money been working in Isys...

now ive got a problem...?

and no free funds to solve it..

[westernedge] 25/1/2005 16:41

Et moi?...

Gromley 161m
Mike 012321 Euro 166m
CrossfireCSSF 169m
EdWinchester 170m
greenwellsglory 174m
Lekka 178m
West 181m
Momentos 187m
realcooltrader 198m
CHIANSAW 205m

Bold cos it aint a guess....

[ed winchester] 25/1/2005 16:27

market makers unmoved. still 3 on the bid.

[momentos] 25/1/2005 16:25

1M T at 1.50p

[greenwellsglory] 25/1/2005 16:13

thats the series in SA won now for a good thursday

[realcooltrader] 25/1/2005 15:49

Tell you what Chiansaw, I'll filter myself.

[momentos] 25/1/2005 15:48

lol rct, only kidding. Should have gone for 130,000,001 then I really would have been stuffed!

Nearest to in any direction we'll say - using the EURO results figure.

Gromley 161m
Mike 012321 Euro 166m
CrossfireCSSF 169m
EdWinchester 170m
greenwellsglory 174m
Lekka 178m
Momentos 187m
realcooltrader 198m
CHIANSAW 205m

Anyone want to change now I've mickey mouse-d all the figures?