the MA200 around 80p could see 73p but I like the look of this generally - breaking past 110p for a weekly close could put 140-150 on the cards and maybe even 210p in time ...
25 Mar '13
RNS new Chairman
From 24 March 2013 Mr John O'Connell takes over as Chair. From the RNS it seems that he has a great track record helping software companies prosper. He said, "My goal is to help create another software world champion in the UK, emulating Staffware's success....I am confident that [EGS] has the potential to be such a world champion with consequent returns for its stakeholders".
7 Feb '13
For those that have not seen it.
http://www.investorschampion.com/research/company/eg-solutions/ *you will need to login or register to view the whole document.
4 Feb '13
EG Solutions: Panmure Gordon reduces target price from 115p to 88p maintaining a buy recommendation.
26 Sep '12
Panmure Gordon initiated coverage of EG Solutions (EGS) with a "buy" recommendation and 115p target price. The broker believes that the operations management software developer is well positioned to benefit from the economic downturn, as companies look to cut costs and improve efficiency. Panmure noted that the group has 41 international customers and that the size of newly won contracts have increased nearly ten fold recently. On the broker's forecasts the shares trade on a prospective earnings multiple of 6.6 times, a 56% discount to the sector.
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