The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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http://www.fiscalstandard.com/2017/02/09/eg-solutions-lonegs-broker-price-targets-3/
looks good imo... and presentation coming this weekend? hmmm
very nice - cash 1/4 of mcap and this: The Company's continued focus on multi-year hosting deals now provides for a record contracted forward revenue order book as of 31 January 2017 of £18.50m (H1: £16.20m). MCAP less than £10m?
it will be in the nineties soon
it was mentioned in one of the news papers
Elizabeth Gooch is going to be up in Manchester at the Shares evening next week on 10th March. Chance to pose a few questions to her and listen about their latest plans. Also there will be Berkeley Energia (BKY) and C4X Discovery (C4XD). Link here www.sharesmagazine.co.uk/events
Eg was right about the break-even but forgot to mention the profit warning. She says in presentations that she is going to build a £100m company. Looks like reverse psychology after today's fall as it is heading in the wrong direction.
http://tinyurl.com/qe6xbhv Elizabeth Gooch, chief executive of eg solutions (LON:EGS), discusses the reasons behind the improved performance from the back office software specialist. The company expects to break even in its current financial year after recent investment in sales and marketing. Meanwhile, two new products - eg forecasting and eg mobile – look set to push the firm towards profitability in the medium-term.
I see the incentive award re:sp is working wonders for the sp ???????????????????
has anybody bought any shares in eg????????
CEO Elizabeth Gooch will present this Thursday, 6pm at the Chesterfield Mayfair. http://tinyurl.com/kmnj3yu
Its lower case "eg" and stands for "excellence guaranteed" - at least, thats how it used to be circa 2004
CEO Elizabeth Gooch is presenting on 20th November. To register please click here: http://tinyurl.com/p4b5kts
CEO Elizabeth Gooch is presenting at the Proactive Investor Forum on 20th November. To register click here: http://tinyurl.com/p4b5kts
no problem btw is it goes EG solutions because EG are the initials of its founder, Elizabeth Gooch? just a thought
thanks mate: full article: A year of boardroom turmoil behind it, back office software company eg Solutions (EGS) is profitable again and looks to be back on track for rapid growth. A hefty order book underpins forecasts and there's a huge amount of business in the pipeline. Many of the big name banks and insurers, among them Nationwide, Lloyds (LLOY), Barclays (BARC), Aviva (AV.) and Santander (BNC), use eg's complex software. It captures phone calls, documents and emails, and is able to allocate and distribute work to staff, and check how they're performing. Eg even guarantees productivity improvements of 20-40%. After winning nine new contracts, revenue leapt by over three-quarters in the six months to July to £4 million, and a £735,000 loss last year turned into a pre-tax profit of £621,000. Since then, eg has won a huge £1.2 million contract with a big outsourcing company and existing client, half of which is deliverable in the second half. It will generate additional annually renewable licence revenues, too. Unsurprisingly, this keeps the company on track to hit full-year forecasts. A month after raising forecasts, finnCap analyst Lorne Daniel does so again. He now expects adjusted pre-tax profit of £300,000, giving adjusted earnings per share (EPS) of 2.4p, rising to £500,000 and 3p in 2016. That's a long way from where eg was in 2013 when industry heavyweight John O'Connell was brought in to help run the company. He proceeded to oust founder and brains behind the business Elizabeth Gooch, and eg lost £1.4 million in the 12 months to January. But he's gone now and Gooch is back. There's a £13 million order book to work through over the next three to four years, and a pipeline where companies have actually confirmed they want to do business with eg conservatively estimated at £24 million. Of course, getting contracts with big financial institutions up and running takes time - there's a sales cycle of up to two years and extra investment, too. Deals can, therefore, be lumpy which can make forecasting more difficult. Still, the opportunity is huge - industry analyst Donna Fluss expects annual growth of 20% and a $500 million (£306.54 million) market by 2018. eg has the "most complete purpose built back office optimisation product available," she says. And its products certainly set industry standards. Yet, the shares trade on a modest enterprise value-to-cash profits ratio of 10.5, a big discount to peers on 12-13 times. Despite rallying 6% to 78p on these results, finnCap reckons the shares could be worth 100p. Keep up this rate of growth and that's not unrealistic.
http://www.iii.co.uk/articles/193013/upgrade-cycle-underway-eg-solutions
· Strong first half delivering against our strategy with 78% revenue growth · Major turnaround to profit before tax of £0.6m for the half year (FY 2013/14: (£1.4m)) · Net cash generated from operations of £0.7m (2013: outflow of £0.1m) · Gross cash of £0.8m
Results on 17 Sept....seems steady rise up. Results are expected to be excellent too....half yearly revenues should be similar to entire revenue for last year.
good day and more buyers still buying in , also watching solg where it looks like more buyers , , tomorrow may see egs on the risers board agin and i hope that egs is seen more often on the risers board , this rise today shows the potential of egs share price to move up quickly
good posting , nice to see buys still coming in , good day for the longer term holders here at egs