The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
but, the price is moving up too fast - reminding me more and more of Eckoh.
Had hoped for a delay in positive news for another 3/4 months to allow me time to built a decent stake at rock bottom prices. Anticipate a steadily rising price trend from here on underpinned by occasional new contracts + scheduled financial updates which should reflect significant amounts of additional turnover feeding through to the bottom line. Hope for 12P + in 3/4 years time so happy to buy at up to say 4p
Discovered Eckoh in 2010 and gradually built a stake over the following 3 years. This is such a solid Company which has steadily grown T/O and profits whilst always generating cash. Think that the share price did get a little ahead, but the prospects now support a higher price and I to am looking for £1, eventually. In fact I decided a couple of years ago that with patience I would see my shares hit £1. On a separate note I recently uncovered Crimson Tide. Whilst not Premier League like Eckoh, I see a lot similarities between CT and the Eckoh I first discovered in 2010. In fact I have started to switch some money between the Companies. Because I see potential for a 2X rise in the Eckoh SP from here, but maybe 4/5 X with CT
Topped up today at 1.95 - have being trying to get in at a lower price over the last 10 days. Anticipate a steady trickle of good news re contracts + financial performance going forward so not sure if you will be able to get in at your 1.6 to 1.7. Also note that a high percentage of the issued shares are held in large holdings so there may be some supply issues
Wonder where Riddler's mate has gone - the poster predicting a 1p share price !!!
Hi Hugolast - we are on the same page, but I am looking x5 on the share price over the next 2/3 years, if not a bit more. Reckon as new contracts are won a lot will go straight to the bottom line
My first Eckoh purchase was @ 5.18 8/3/10 and my first sale was @ 40.5 4/6/14 Eckoh is an exception to the norm. But as I said, see a lot of similarities between E in the early days and Tide now - If I can get a similar ride .....
Hi Vulcan - if your strategy is for quick ins & outs maybe this isn't for you. However , Tide reminds me very much of Eckoh which I first got into at around 5P. I steadily topped up over about 2 years as the price very slowly moved up on a steady stream of good news and improving underlying financials. Whilst still a cracking Co the upside is now limited on Eckoh so I am looking to gradually switch funds across to the Tide - I am hoping for a slow price rise so I can get a good holding under my belt
Just tried to make a small purchase online through Hargreaves Lansdown and wasn't able to. Over recent weeks have bought without problem. Whilst you have tracked the share have you ever had this issue Vulcan ?
The results are much as expected. Can see some big buys today. What we need now is some new positive news and I am confident that the price will edge upwards.
Good morning Vulcan998 Picked up some CT shares a few months back and topped up last Friday. Reminds me a lot of Eckoh which I first got into at around 4.6P (now around 40P) Plan to gradually top up my holdings in CT over the next 5/6 months and hope that a steady stream of good news re contract wins and growing turnover and profits over coming years moves the share price steadily upwards. Agree with you - can't understand the lack of comment. However, from my experience in Eckoh being off the RADAR leads to a more gradual price increase and therefore the opportunity to build a sizeable holding and to make some real money.
Hi - like you I have loaded up with TRT shares - jealous of your Av buy, i'm looking at more like 2P. Happy to wait now for positive news flow. Looking for my next target and have uncovered - Crimson Tide. Small niche software Co, good financials for last 4 years moving steadily in the right direction. Winning new contracts where a significant amount of the revenue should go straight to the bottom line. Reminds me a lot of Eckoh which I bought into from 4.6P. Eckoh has stalled and no longer has huge upside potential so looking to reduce holding and spread around a little Would value your thoughts on Crimson Tide
The £2m placing is a vote of confidence. Looking to top up my holding here - see a positive future
Visainn - were you looking for a quick in and out ? I am more positive like Akrigas - The Company has good products and with the changed sales model sales are following. They will need w-cap which will probably mean a rights issue if the sale of a Division which is being pursued does not come off However, I can't see much downside here, but there appears to be a lot of potential upwards
I became a fan of Eckoh in 2010 and started to buy in at around 5p. I built up my stake over the following 2 years and have followed them very closely. Given that historically 80-90% of forward t/o is guaranteed through contracts that are in place + I would hope that the Company will see some benefit from exchange rate movements and their growing $ earnings - I am hoping that this is just a lull before the next positive announcement.
I think Eckoh has quite a fan club here on the LSE site
Longstanding fan of this Company. Only periodically check in here. Everything about Eckoh is great - cash generation and retention, customers added and retained etc etc. My biggest fear is a premature takeover robbing us of longer term gains. As regards share price the PE is starting to look high to me and I wonder if earnings have got to catch up a bit before the share price can kick on
I'm another Eckoh fan. Have tracked and been building a stake for the last 3 years. Strongest Company I have ever researched. Longstanding large Institutional holdings, steady t/o increase, cash generative with growing cash balances, contract renewals + extensions + wins, increasing dividend policy + 400K purchase of shares went through today. Looking forward to 1/2 year update on Tuesday !!
Commiserations rhjoyes on your current portfolio. I to have taken a pasting on Cleardebt. Check out Eckoh. I'm a big fan and over time I believe that it could get you some of your money back
Am a big fan of Eck and have steadily bought shares over the last 12 months for myself, my 2 kids through their SIPPs and also my mum. In fact my kids and I are now exclusively invested in Eck. After 30 years of on/of investing am really convinced that this is the one. Cash rich + great product which saves money for clients + growing list of customers + capacity to take on a lot more business with little / no extra expense. Whenever subject of shares comes up always recommend Eck to people, in fact was moved to write to editor of Hargreaves Lansdown Penny Share Guide to bring Eck to their attention resulting in write up as reported by Mulledwine 5/2/11. Can't understand why shares have not steadily climbed, but am comforted by large holdings of Directors + 8.23% holding of Kestrel Opps. Hope that if we fans keep speading the word it's just a matter of time before things start to move