Newbie
Posted 18 February 2014 - 09:29 AM
When Ellies went public a lot of the top level management were given shares. At some point these people want to cash out some of these shares for personal reasons. I dont see R20mil as a big selloff by directors. The fact remains that their top level management are smart guys. They're moving more and more into the energy space and i think they will make good profit there. The price probably did overheat a bit last year and maybe we're just seeing a correction to that now.
The Oracle
Posted 17 February 2014 - 08:53 PM
The Oracle
Posted 17 February 2014 - 08:53 PM
Member
Posted 17 February 2014 - 05:11 PM
Why would you want to buy into ELI when the directors have sold off almost R20 million of their own shares? This after the CEO was asked last year on TV if there is anything wrong with Ellies.
Edited by Griffin, 17 February 2014 - 05:12 PM.
Newbie
Posted 17 February 2014 - 04:17 PM
I have been asking myself the same question for the past week.
Member
Posted 17 February 2014 - 11:53 AM
ZAR 4.45
Are we there yet?
Yes, I will take your money! 
Member
Posted 19 December 2013 - 05:35 PM
HAHAHA ... I remember that ... was about 2 months ago.
Well at least we know he's in the red now.... so he has to work hard.
Don't know if you guys remember VIL buying back shares @ 120-130 a couple of years back. Look where the share price is now 40c
Member
Posted 19 December 2013 - 11:50 AM
Last time this happened the CEO bought 100 000 shares
HAHAHA ... I remember that ... was about 2 months ago.
Well at least we know he's in the red now.... so he has to work hard.
Yes, I will take your money!
Newbie
Posted 19 December 2013 - 11:34 AM
Member
Posted 19 December 2013 - 11:26 AM
Yeah will probably fall some more too
Sent from my HUAWEI P6-U06 using Sharenet Sharechat mobile app
Last time this happened the CEO bought 100 000 shares
Newbie
Posted 19 December 2013 - 11:18 AM
Member
Posted 19 December 2013 - 10:14 AM
Posted yesterday at 17h19
Yeah... just in case anyone needed context on their Ellies shares being 10% lower today.
As you were
Yes, I will take your money!
Member
Posted 19 December 2013 - 10:11 AM
"Shareholders are advised that Ellies expects that its earnings per share and headline earnings per share for the six months ended 31 October 2013 will be between 38% and 43% lower compared to its earnings per share and headline earnings per share for the six months ended 31 October 2012. Shareholders are reminded that the company's results for the period ended 31 October 2012 reflected The Eskom Project Power Save Program completed during this period, which was not repeated in the period ended 31 October 2013."
Posted yesterday at 17h19
Member
Posted 19 December 2013 - 10:08 AM
"Shareholders are advised that Ellies expects that its earnings per share and headline earnings per share for the six months ended 31 October 2013 will be between 38% and 43% lower compared to its earnings per share and headline earnings per share for the six months ended 31 October 2012. Shareholders are reminded that the company's results for the period ended 31 October 2012 reflected The Eskom Project Power Save Program completed during this period, which was not repeated in the period ended 31 October 2013."
Yes, I will take your money!
Member
Posted 04 December 2013 - 08:42 AM
I've taken quite a pain from Ellies.
Down some 22% and dragging my portfolio down.
Even had to cut my holding.
Not sure now what to do
What did you see in this business that convinced you to buy in the first place? Do you still see it now?
Newbie
Posted 04 December 2013 - 06:51 AM
Advanced Member
Posted 03 December 2013 - 05:08 PM
Sage
Posted 03 December 2013 - 03:04 PM
"Veni, vidi, vici"
Posted 24 October 2013 - 10:44 AM
no dividend for long term holders is a big negative
“melior diabolus quem scies”
Sage
Posted 24 October 2013 - 10:28 AM
Their earnings doesnt mean much..
Rather look at their debt, what is lying in "inventories" and their cash situation
Agreed.those set top boxes gathering some dust
