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My mate Lloyd says he can gaurntee it’s good news tomorrow, he got me to sell my other holdings to go all in, let’s hope he is right
Smesh expectations? Hahahah well lets see wot happens tmrw and then maybe i can cash a profit bt holding my breath bt oranolio lol u r defo a pumper dumper bt either way u dont put me down or up .good luck tmrw for all.the GENUINE HOLDERS
Well said glen
Definite tree shake leading into the close, to relieve the weak hands of their shares. Assuming a positive RNS tomorrow and you simply won't be able to buy back in much below a pound. We'll see...
How can it smash expectations when the trading update on 1st March already contained the figures? Honestly, you've been pumping this for days but that takes the biscuit!!
The share price to sell, seems to be going down- unless it's a trick and you can't buy or trying to collect cheap shares.
What does L2 look like please?
Lol when ?
None the less i just bought as me personally thinks a great upside. Some u win some u lose
Yeh it looked that way as the prices differed on ig and google lol
No probs, IG usually will offer an online price when others are negotiated trade only, but it will be outside of the published range.
Thank you for that shrewd. I am with ig and just added only 2k poinds lol bt i have my money tied up elsewer ??.wish i had more cash to spare as this looks like its about to take off. Many thanx
It's a temporary situation with most brokers when online orders for either buys or sells aren't accepted due to their being no shares available at the published price. With most shares it passes after a few minutes, and either shares become available or the price changes, but some brokers are better than others.
Hi new to this .can you tell me what you mean when u say "no trade to buy " would be cery helpful as thinking of investing here today .many thanx
With the re-rate what are people's expectations at £1.80+ ?
Indeed, NT to buy and looks like a solid break past £1, this is due a big rerate from this level imv
Yep, looking like the right time to BUY.
Took a position this morning
O:
Your very enthusiastic which is great, and I agree it was poor timing that we have ended up down this low in SP and also MC. Let’s see what happens this week. Another 10% would be lovely tomorrow and then see how the market reacts to the results, with any bad news likely priced in already.
LOL. First, 50% up this week. Then, 20 mins later, she's going up 100% this week. Let's see how good your crystal ball gazing really is, come 4pm Friday.
NT to buy, gap up tomorrow as we approach results, recent director buys fuel confidence imv
I have to note that a load of Amati punts have performed poorly of late (RENX, VIC, MADE, FDEV) - they're having a very bad run and I've put Dr P. Jourdan in the sin bin 'cause he's has lost me quite a lot of money recently. In that context, forgive me for taking what he says about ESYS with a small pinch of salt.
Personally, I'd ignore the £2.60 as I believe it's completely irrelevant. That was then and this is now - a very different world, Ukraine-wise, liquidity-wise, sentiment-wise... I am generally recalibrating all my expectations.
None of this is to say I'm not pleased with today's uptick. Another 20-30% and I'll happily exit this share.
The below was posted on Twitter earlier and puts the opportunity here into context;
https://www.amatiglobal.com/storage/742/Newsletter_Winter--2021_Final-(1).pdf
"As things stand we believe that Essensys has a unique service offering with an
equity valuation at a fraction of some of the startup businesses now emerging
in their field, particularly in the US. With the founder/CEO still owning 30% of
the business we can therefore see the potential for the business to attract
corporate interest as the model is rolled out and proven, with over 100
customers and almost 500 buildings already on their books in the US and UK.
Whilst not without risk Essensys has the potential to be one of the most
rewarding investments in the fund over the coming years."
The share price when it was released was ~£2.60, so there is 200% upside just to get back to those levels...
1st March was terrible timing. Just look at this from the day before:
https://www.theguardian.com/business/2022/feb/28/uk-banks-shares-ftse-100-russia-sanctions-ukraine
This stock looks like an absolute gem of a find to me. Any research I do just backs this up. Great products and a sector that is due for lift-off as people come into an office less but expect a fully streamlined, not to mention more ‘designer’ experience when they do.
Agreed. An illogical over reaction has created a great entry point regardless of whether your investment strategy is short or long term.
What happened to the ESYS share price on 1st March wasn’t the normal market doom and gloom. I’ve never seen a share price lose 70% on a moderate growth warning.
The timing was the key factor, with that week being the height of market panic over the Ukraine war. As a result there was a grossly unbalanced market in ESYS shares - Blackrock dumped millions at the worst possible time and there were no buyers due to the macro events scaring them away.
ESYS are a rounding error to Blackrock and were treated as such, however for PI’s and more astute fund managers the current share price is surely a great opportunity. Let’s hope this week kicks off the recovery in earnest.
Curio, I think you're right regarding any potential disappointment being already reflected in the SP. The market reacted to the 1st March trading update with its usual doom and gloom. What probably spooked traders/investors was this: "The Group's expansion and acceleration of its go-to-market activities has been delayed by continued COVID related uncertainty. This has also resulted in extended sales cycles leading to lower than anticipated sales bookings year to date. As a result, the Group's trading for FY22 is expected to be below current consensus market expectations."
But there were positives, too. Net cash stood at 30.5m GBP; 9 new customers were added; recurring revenue in the US was up 20%; 470 live Connect sites were in operation, with a further 28 new sites to come post half year results.
Personally, I think the drop here has been way overdone, but I'll be keen to see what the future has in store. Again, from the trading update, the outlook appears healthy: "The Board remains confident in the Group's future growth which is underpinned by long-term structural drivers. Despite a delay in accelerated bookings growth due to the prolonged challenges caused by COVID, the pipeline for FY23 and FY24 is strong. The Group has seen pipeline opportunities continue to grow, particularly amongst large multi-site property organisations. Larger flexible operator customers are starting to expand once again. The Board now expects revenues for FY22 will not be less than £23.5m (FY21: £22m), with an adjusted EBITDA1 loss of not more than £7m."
Oh, and don't forget the 350,000 shares purchased by MF on 17th March. He obviously believes that the company is worth investing c. 260,000 GBP in, and let's face it he should have a pretty good idea of the company's profitability and potential going forward. AIMHO and GLA.