Eurovestech Share Discussion Threads

[burbelly] 04/6/2003 09:04

I was wondering if anyone else was still alive JD, been steaming north now for a while, why all the interest?

[jdschwartz] 01/6/2003 19:13

Well the 200 grand odd to come out of the KSS deal is merely a drip in the ocean compared to the writedowns over the last year. I am out at the moment and am not convinced that 3p is fair value. i am waiting for some more positive news from some of the other investments and not just R.B.'s punt to raise cash from KSS to cover the writedowns on the balance sheets. Close reducing their holding doesnt bode well really unless they are letting someone else take a quiet stake without affecting the market price too much!!!

[burbelly] 20/5/2003 21:22

Dont know but who is buying now?

[interglobe] 16/5/2003 15:42

LONDON (AFX) - Eurovestech PLC, the high-tech development capital group,
said it has bought Knowledge Support Systems Ltd from Knowledge Support Systems
Group plc for 1 mln stg in cash, after which KSSG will be liquidated.
KSSL, which provides pricing and revenue management systems for the
petroleum and retail sectors, incurred a pretax loss 7.4 mln stg for the year to
December.
On the liquidation of KSSG, there is expected to be an aggregate cash
distribution to shareholders of around 14 mln stg, or 18.5 pence per share.
KSSG's shareholders and directors, including Eurovestech, which control 62
pct of the company, have approved the liquidation and other shareholders are
being recommended to follow suit.
Eurovestech currently holds 9.1 pct of KSSG's equity and expects to receive
1.24 mln stg when the capital is distributed, against an original cost of 1.03
mln stg.
[e-mail]
kl

[hillbilly999] 20/3/2003 14:24

so who is dumping all the shares today

[agnes] 03/3/2003 21:10

Watermore,

On the 11 Jan you said that KSS would not return cash to shareholders. Is that because you were wrong or was it because you expected the takeover discussions with a number of parties that were announced tonight?

[aghumra] 17/1/2003 08:03

KSS had 21.5m cash at EOY.

[watermore] 11/1/2003 20:31

KSS will not return cash to share holders get that out of your head. what
i said before 1p there worth. over valued at the moment

[karmicpete] 23/12/2002 22:20

Sounds good. I like the fact that RB has put a sizeable chunk of his own wedge into EVT. He will be thinking like a shareholder!

Excellent

Cheers

Pete

[alwaysbroke] 23/12/2002 13:56

If you factor in cash from KSS if cash is returned to share holders what price then, rumour of news on this is said to be imminent. 1p, 2p,3p added to each EVT share? Anyone care to quote potential price

[alwaysbroke] 23/12/2002 10:29

They say that this is the next Durlacher! Not quite. Lessons have ben learnt from the rise and fall of the dot com incubators/investors. This is a climber for the long term. Check it's investments, the varying areas of investment where they have little in common with each other. A very good choice of investments in the varying markets. Mykindaplace with an increasing registration is a possible future floatation. Imagine the monies it can make just be advertising girlie products. KSS - money in the bank. Long term? I continue to hold and add.
Not a ramp or intending for anyone to buy, do your own research and enjoy what you read.

[aghumra] 23/12/2002 08:28

watermore - seems that the DM ramp holds "more water" than your de-ramp!

[watermore] 23/12/2002 00:45

War in iraq tech stocks will fall more market will go sideways. nav down
on last results cash 1p. stay clear!

[jay aitch] 22/12/2002 11:16

Daily Mail Sat 21 Dec 2002:

Technology to pay off in the long run: The market slump has pushed the shares of technology investment groups - even the better quality ones - down to penny dreadful level.
Eurovestech, which floated at 5p two years ago and soared to 56p, now languishes at 2p, valuing it at just £4m.
That seems harsh for a company with net assets of £7.7, cash of £2m and a £350,000 paper profit on it's 9pc stake in Knowledge Support Systems. It owns 41pc of Boxmind, which sells e-lectures from top academics such as Nial Ferguson, Richard Dawkins and Baroness Greenfield. and hopes to break into the schools market soon.
Other promising stakes include MyKindaPlace, a website for teenage girls thast is already in profit and software specialist Magenta.
Turning such stakes into cash is not easy after the 88pc slump in tech stocks, so it is too early to tip the shares.
But once the markets turn, good companies will reap quick rewards.

[jay aitch] 21/12/2002 11:30

Small but good write up in todays Daily Mail. Assets of £7m and cash of £2m.

[aghumra] 19/12/2002 07:22

director buys to back-up the results...

[jdschwartz] 18/12/2002 19:46

Awaiting imminent KSS announcement, hopefully before christmas

[aghumra] 17/12/2002 09:16

seller, boo, hiss!!!

[aghumra] 17/12/2002 07:50

Market likes the figures, at least at pre-open anyway...

Looks like some cash to come from KSS as well (14p in Sep, 18p now)

[jay aitch] 28/11/2002 15:05

What price EVT now with SYE up again

[hillbilly999] 21/11/2002 20:35

Nov 2002 Buy Solt Q-C M Esq 2.17p 103,845 1,526,982

20 Nov 2002 Buy Grogan RH Esq 2.17p 103,845 2,286,982

20 Nov 2002 Buy Elbrick AJ Esq 2.17p 103,845 286,982

[jasondking] 15/11/2002 09:21

A shame that EVT does not come to 30p a share, but hopefully good performances will feed through eventually.

[jay aitch] 09/11/2002 20:04

From today's Daily Mail:

Pressure is mounting on Knowledge Support Systems,
the point-of-sale software hopeful, to do something
about it's cash pile, which exceeds it's £14m market value
by a long way. KSS has sales of just £1m a year. Technology
investor Eurovestech has built a 9.1% stake and is already
sitting on a useful profit. KSS ticked up to 19.5.
The cash comes to nearly 30p a share