Member Info for ecovest

Heading back to 310 level?

Their results were out today - good summer sales, hence crossover rise here in anticipation of the same.

Tipped in current Shares mag with potential for more upside.

What goes up must come down! Hopefully just a breather. Am happy to stick with this one as a LTBH.

Back up to previous recent highs. Ready for the next rise upwards?

Up over 5% at the moment - wonder what might explain the reason for such a big rise on an otherwise fairly down day for the markets? Maybe people catching on to the fact that it does look undervalued and with a decent dividend?

Diversifying into IP. Could be positive though always hard to tell with diversifying - stops them being a one trick pony with all eggs in one basket, but can also move a company away from what it know and does well. Time will tell which here (though there are still plenty of lawyers in the acquired IP company so it's still similar in that sense).

What's the p/e here? DigitalLook give it as more like 9 or 10 whereas here it's a 12. I think DL use adjusted EPS figure and LSE use Basic (as well as 2012 figure rather than 2013) so maybe that explains the difference. Which do most people prefer to use? Adjusted makes more sense to me.

Tipped as a recent Mark Riding div of the week in IC.

Remains in offer period from M+W though - their initial offer rejected as too low. They'd have to make revised offer by end of play on 16 Sept.

Amec not making an offer in the end hence drop. Shouldn't drop too much as still remains a t/o target for others I'd imagine.

Some buys reading as sells here - yesterday was an up day (and so is today so far). Still looks rather under-valued to me and with decent yield and excellent div cover. Naked trader target is 120. Reviving economy should be good for revenues as spend on marketing and advertising increases again.

Why the drop (and recent downtrend)? Any one know?

An up day at last - hopefully downward trend reversing now. With UK economy spluttering back to life, this should go with it.

One for the chartists. Are we ready to bounce a bot off a 3x bottom?

Good results and interim dividend increased by 2.5%.

Decent looking figures - perhaps market had been expecting worse as the s/p had been in a bit of a downward trend of late. 8.43% rise as I type is a nice bounce back and slightly above previous high.

Recovering today from drop yesterday - maybe market digestion of results now more balanced ... And with Carney's interest rates message, the divi here remains attractive and looks safe.

http://www.investegate.co.uk/silvermere-energy--slme-/rns/further-re--publication-of-circular---notice-of-gm/201308090700073255L/ RNS with some detail of new company name proposal and its proposed strategy and area of operation (IT - Cloud/ apps). I think it's worth voting yes myself - vote no and it's not clear what we'd get. At least with this proposal, there's a punt to regain losses (mine fortunately not that large as only a small sum here). But I can see why people may want to vote no to stick two fingers at the way SLME have treated their shareholders: would that be shooting yourself in the foot though?

Maintain buy rec and 80p target (thought they are the house broker). Actually closed less down (2.07%) than earlier this morning.