Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I missed that RNS Friday but it's certainly interesting. The South African deal in December also failed to move anybody and I wonder why this is such a quiet BB.
nice rns!
Good result is expected after providing good platform for Royal mail IPO. Some analyst has came up with target price of £4.88 per share .(Escher Group Holdings plc (LON:ESCH) had its buy rating reaffirmed by analysts at Panmure Gordon. The firm currently has a GBX 488 ($7.83) target price on the stock.) check link:http://zolmax.com/investing/research-analysts-ratings-reiterations-for-october-9th-aapl-aaz-all-atml-avm-bas-bats-bbg-bd15-blur/120092/
info over on ADFVN discussion board
Anyone else in here? Thoughts about where we might be going?
I like this extract from the RNS "also reduces the annual capital repayment from over $3.3m pa to $1.0m pa." - surely that has to be significant for a company which had a 2012 pretax profit of £2.7million ( up from £0.74 mill 2011) Good to see other recent positive RNS too.
Fantasic results! Well done guys, I'm impressed with esch, I've stuck it on my watchlist and I'll keep an eye on it, I'll wait for a pull back to enter, they had a great 2012, can you see this growth continuing throughout 2013? With limited shares it could be a real growth story!! Any thoughts?
2013 – The Great Irish Share Valuation Project (Part III) I take a look at Escher Group Holdings, plus a batch of other Irish stocks: http://wexboy.wordpress.com/2013/02/04/2013-the-great-irish-share-valuation-project-part-iii/ Cheers, Wexboy
"The delivery of the USPS contract is on schedule. The first half year performance has enabled Escher to strengthen and re-organise its business and leaves us very well positioned to pursue other large scale opportunities that we are seeing in the industry. Our pipeline remains good and we are confident of meeting expectations for the year." The group continues to generate revenue from existing customers for professional services in the form of integration services and requests for additional software functionality. Renewal of maintenance and support contracts by the group's existing customers remain consistent and in line with previous periods, the firm added. Net debt was reduced significantly from $8.38m to $3.9m over the six month period.
Escher Group Holdings, a provider of outsourced, point-of-service software to the postal industry, has posted a 34 per cent rise in revenue for the six months ended June 30th, boosted by a number of contract wins and renewal by existing customers. Pre-tax profit rose to $1.15m (H1 2011: $0.41m) on revenue of $8.69m (H1 2011: $6.46m). Operating profit came in at $1.44m, 5.0% higher than the $1.38m delivered during the same period the previous year. Basic earings per share were 4.6 cents, up from 3.2 cents in the prior corresponding period. During the half year, the company signed a major contract with the US postal service (USPS) on its Retail System Software project and also won contracts with Pakistan Post and SwaziPost. Liam Church, Chief Executive, said: "We are delighted with our first half performance. Signing three new contracts including the USPS contract confirms Escher as a pre-eminent supplier of software to the postal industry. The contract is expected to generate, over a fifteen-year term, approximately $50m in revenue for the group, but with scope for substantial additional revenue.
Panmure Gordon retained its "buy" stance on Escher Group Holdings (ESCH) with a target price of 359p. The postal software developer noted high demand for its products, with the broker noting that the firm secured a number of new contract wins in its first half. Panmure forecasts revenues of 8.7 million dollars (5.4 million pounds) for the period, up from 6.5 million dollars (4.0 million pounds) in the first half of 2011. On the broker's forecasts, the shares trade on a prospective earnings multiple of 12.2 times for the 2012 financial year, falling to just 6.6 times in 2013
Commenting on the trading update, CEO Liam Church said: "Sales of systems to new customers continues to lead our revenue mix, and the associated recurring income will become an increasingly material component of our revenues. We delivered a strong first half performance and we remain confident about the outlook for the rest of the year."
Half year trading update Escher Group Holdings plc ("Escher" or the "Group"), a world-leading provider of outsourced, point-of-service software to the postal industry, provides an update on trading performance for the half year to 30 June 2012. Escher has made good progress in the first half of the year, securing a number of customer wins, including the Group's largest ever win with the United States Postal Service (USPS). Revenue for the Group for the six months ended 30 June 2012 is expected to be approximately US$8.7 million (2011:US$6.5m), ahead of budget. During the period, the Group continued its programme of investment, including hiring 25 new employees and opening a new office in Washington D.C. in order to support the needs of our current and developing customer base. Consequently costs to 30 June 2012 are also ahead of budget. The Group's provision of services to its customers is progressing well and is ahead of budget, accounting for a large proportion of the increased revenues and costs. The level of interest in the Group's products remains high and the Board remains confident of closing additional new business in the second half. Thus, the Board expects profit for the full year to be in line with market expectations. The Group cash position at 30 June 2012 was US$4.0 million.
http://www.investegate.co.uk/Article.aspx?id=201208060700053185J
Escher Group, a provider of outsourced point-of-service software to the postal industry, has been selected by Swazi Post to provide its counter automation software. Swazi Post, the national postal operator in Swaziland, will begin to use Escher's Riposte to modernize its postal network to offer new revenue generating products and services while at the same time reducing the existing cost base. The firm said the contract underpins its decision to open an African office as it will help drive Escher's business in Africa while consolidating account management services with the company's existing customers.
Hi folks, Just posted Part IX of The Great Irish Share Valuation Project, including my fair valuation and commentary about Escher Group: http://wexboy.wordpress.com/2012/03/22/the-great-irish-share-valuation-project-ix/ Cheers, Wexboy
Impressive +33%
I was waiting as I thought this might pull back a bit after mid morning - Wrong!
My dead end 8.30 - 5:00, Monday to Friday is starting to severely **** me off. Anyone else have one and find it a MAJOR pain in the arse when it comes to trading? Being able to get up and read the 7am RNSs over a cuppa and some breakfast, buy in on the open and watch/research throughout the day would be an actual dream. I hope and pray that my first year of investing beats my barely-above-min-wage dead end job in terms of bringing in the bread so I can quit and at least TRY to make my own way... Getting it wrong isn't as nearly as big a failure as not trying in the first place.
Yes nearly fell off me seat this morning at 7am when i saw how many shares were in issue!!!...not brought in but one to bank a shed load in for retirement fund me thinks...
Morning cinders - I wonder what thats worth as regards SP movement today ----- 10%?
Escher announces significant contract win Escher, a world leading provider of outsourced, point of sale software to the postal industry, is pleased to announce that, following a major tender process, it has been awarded a significant contract to provide its Riposte suite of software, maintenance and services to a leading Postal Authority. The contract, which has a 54 month base period and renewal options, is expected to generate, over a fifteen-year term, approximately US$50m in revenue for the Group, but with scope for substantial additional revenue. The first revenue from this contract win, worth approximately US$4m, is expected in the year ending December 2012, with increasing revenue in 2013 as the software is rolled out across the network. Commenting on today's announcement, Liam Church, Chief Executive Officer of Escher, said: "We are delighted to be able to announce today's contract win. This is a significant step forward in Escher's growth and continued development".
http://www.investegate.co.uk/Article.aspx?id=201202080700209967W