Evolutec Share Discussion Threads

[joe90g] 08/3/2001 11:03

whats happened to music unsoigned

[humbugg] 08/3/2001 09:42

NEMESIS,

Bad news with musicunsigned, still, not surprised.
Give it a year and all those ragbag investments will be gone and look forward to a new era.
6p soon.
;-))
H.

[nemesis] 06/3/2001 19:25

Humbugg,
Only teasing with regards to the buying although a lot of the earlier trades marked as sells were delayed buys from yesterday.I agree it will be interesting tto see what result the share consolidation will bring.If the Nas and Dow can retain some upward momentum we may all be in for s surprise.But then again pigs might fly.

[nemesis] 06/3/2001 15:12

Humbugg,
Doesn,t look like you are going to get any at 6p today my friend.Looks like someone might be buying.

[humbugg] 05/3/2001 16:01

NEMESIS,

Big T trade sell just gone through.
I think i will get my chance.
regards.
h.

[nemesis] 05/3/2001 14:41

Dont count on the 6p level....many others are watching from the sidelines.

[humbugg] 05/3/2001 14:30

NEMESIS,

Well im out. Made 1k less my charges. Will be back when they hit 6p.
regards.
H.

[superpete] 03/3/2001 23:19

Will the share be shorted post consolidation?

[aspex] 03/3/2001 23:06

Questions to be answered here are:
What are the benefits of the Evolution tie up, adoption of the name Evolution and..
Will the 1:10 consolidation help the market in these?

[humbugg] 02/3/2001 10:50

NEMESIS,

Hardly a vote of confidence buying 6.5k, total holding.

I will look to sell my stock today as i have a feeling these will retreat in the short term due to dilution and 10 for 1 consolidation.

For what its worth my experience tells me that when a consolidation takes place stock will drift down in the short term.

I will take my profit and buy back in later. We shall see.

regards.
H.

[zzaxx99] 02/3/2001 09:19

Another name change, and a change of conditions on the warrants, on the way: see - get ready for "The Evolution Group"

[nemesis] 02/3/2001 08:23

The Finance Director is confident Humbugg old bean.

Statpro Group PLC - Directors' Share Dealings
RNS; Mar 2, 2001



For Immediate Release 2 March 2001


StatPro Group plc

Directors' Share Dealing


The Company was notified on 1st March 2001 that Mr Carl Bacon, a director Company was also notified on 1st March, 2001, that Mr Andrew Fabian, a
director of the Company, acquired 10,000 ordinary shares of 1p each in the
Company, representing 0.03 per cent of the Company' s issued share capital on
1st March 2001 at a price of 67p per Ordinary Share. Following this
acquisition, Mr Fabian's beneficial interest in the Company 's issued ordinary
share capital is 10,000 Ordinary Shares which represents 0.03 percent of the
Company's total issued ordinary share capital.


For further information, please contact:

StatPro Group plc
020 8410 9876
Andrew Fabian, Finance Director

[humbugg] 02/3/2001 08:07

NEMESIS,

No!

H.

[nemesis] 02/3/2001 06:54

Humbugg,
I see that dog Statpro picked up a little more support yesterday in a declining market.Care to rethink your opinion on this particular non-profit making tech stock?

[nemesis] 28/2/2001 10:40

I would say that you have picked the bottom well and are looking at very little downside on your investment.I agree that John Gunn may yet spring a few surprises and hopefully we will not have to wait too long to see his hand at work.I think the Evolution deal will bring rich rewards. EVC Christows have identified an area that is rich for exploitation.Currently research is viewed with enormous scepticism,especially looking back at some of the broker buy recommendations last year and subsequently the lack of sell recommendations as the prices tumbled.The Evolution trio are well respected and this side of the business should develop well.

[nemesis] 28/2/2001 09:39

Humbugg,
They still have £2.4million cash and increasing recurring revenues.They have already stated that they will be cash flow positive by end 2001.I wouldn,t think that they will need to go "cap in hand" just yet for more capital and should they need to, i would hope that general market conditions would have improved sufficiently for them to do so.This particular tech business has a robust business model and a pretty certain route to profitability and once it achieves sufficient critical mass and reaches its break even point,then the upside is great.
What price did you by in to EVC?

[humbugg] 28/2/2001 09:13

NEMESIS,

SOG has been going since 94, yet losses are mounting up every year, when will they ever make a profit. SOG will need to go "cap in hand" sooner rather than later. Not all tech stocks are the same, but one thing most of them tend to have in common, they are loss-making. I tend to stick with profit-making techs.

I have invested in EVC recently, but not because of their investments (dead in the water) but because of the management. I just have a hunch that Gunnie might well pull a Rabbit out of the hat.
regards.
H.

[nemesis] 28/2/2001 08:29

Humbugg,
Its unwise to tar all tech stocks with the same brush.SOG are operating in a niche market with few competitors.They founded the business in 94 and have established themselves quickly in their field.They also understand the industy they are in extremely well and have no plans to diversify out of it.Fund managers are increasingly looking to s/w such as Statpro's to analyse data more quickly,efficiently and cheaply.SOG fulfils all of these criteria and allows the fund manager/analyst more time to appraise his stock selections without the leg work.It also allows for expensive resources(people)to be reemployed more effectively,leaving all those highly paid graduates to do far more important work such as entertaining clients and generally arsing about.

[humbugg] 28/2/2001 08:20

NEMESIS,

Tech stocks are still overvalued and have some way to fall yet. In the end they will be valued on merit.
regards.

H.

[nemesis] 28/2/2001 08:03

Humbugg,
What tech stocks aren't off their year lows.Its not my emotional balance in question it is the market generally.

[humbugg] 28/2/2001 08:01

NEMESIS,

My figures are not misleading, they are 100% correct.
As for StatPro's share price bouncing on the news, they are currently 3p off their all-time low, hardly a success story either.

Yes, the costs are huge in setting up the business, which is a worry. The forecasts from StatPro to be cash flow positive by the end of 2001 are their estimates, and how many of company estimates have been met in the technology sector in the last year.

Another "jam tomorrow" story.

Try not to get emotional with stocks, stand back and take a balanced peep.
H.

[nemesis] 28/2/2001 06:01

Humbugg,
Before you slate the company with misleading,incomplete information,i suggest I that you do a little research.
Statpro rose 3p on the day of the results,indicating that someone was pleased with them.I could be wrong but increasing your contracts from 11 to 84 in 6 months sounds like a growth story in the making.Also forecast to be cash flow positive by end 2001 having so far met their business expectations.The widening losses are due to their rapidly increasing sales team,who as can be seen have been enormously successful in attracting new business.Statpro's business is built around a recurring revenue model,in other words once you have sold a s/w package to a fund manager they pay you year on year for the package,and the high one off costs of attracting customers are discounted.Mr Wheatley(Statpro CEO) also stated that once they have sold one package to a customer,they then try to sell their other s/w packages, which incidentally are all counted as an individual contract.They do this at little extra cost having already converted the customer. There are 5000 fund managers to sell to,Statpro are looking to
have 7 s/w packages to sell,that is a potential 35000 contracts.They already have a client list including many of the fund management industries biggest players.They are also finding that their reputation in attracting these players is preceding them and making their sales to other fund managers easier.
This is a company,that are experiencing rapid growth,and the fact that they report a loss is irrelevant when you look at the bigger picture.

[humbugg] 27/2/2001 21:13

StatPro results out and what a surprise, POOR.

Turnover 3.17m(3.14m,99)
Losses 4.88m(183k,99)
Losses per share 18.4p(1.40p,99)

Hardly a success story. Another one for the bin. Still we knew it.
H.