254 replies to this topic

[Trader1]

Down to 11cents...

[Trader1]

.

Edited by Trader1, 20 May 2019 - 12:03 PM.

[andi222]

Yeah true, but management has turned around this company. Look at latest AFS. I think if they can show another profitable period the share will rise.

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[Shi]

I'm keeping mine. Still think its gonna go up slightly soon.

Sent from my SM-G950F using Sharenet Sharechat mobile app

 

Will probably need to wait till the next results (in July).

[Midas1]

Hope so...see you on ball...lol

[andi222]

I'm keeping mine. Still think its gonna go up slightly soon.

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[Midas1]

Sold my ellies at loss today as feel i can make loss back on other shares..just felt stagnant

[andi222]

https://www.sharenet...eq=28&scode=ELI

Management have not been quiet. Check the sens. It's a brand new board.
Final results will be positive thanks to the settlement of the legal dispute but the market is more worried about future earnings. HEPS was down 92% to 0.24cps. that is not impressive at all and warrants the current share price. At 14cents we're currently paying 29 times the future earnings (taking into account 6month HEPS). Think about it.
NAV means nothing as I've learned in many cases. The best performing shares always trade at the multiple higher than NAV.

So the question is. Is Ellie's a quality share to hold onto. Has the market currently got it wrong about the company?

 

I see, do you think they can turn Ellies around?

I mean they reported a EBIT of nearly 20 million. They do have a high bank overdraft but they don't have big goodwill balances or other intangible assets. So I would say giving the current circumstances a good price would be around 50% of the NAV. Which is 22-23 cents. 

They are making profits so will be interesting if they can up this profit for the full year. 

[Trader1]

https://www.sharenet...eq=28&scode=ELI

Management have not been quiet. Check the sens. It's a brand new board.
Final results will be positive thanks to the settlement of the legal dispute but the market is more worried about future earnings. HEPS was down 92% to 0.24cps. that is not impressive at all and warrants the current share price. At 14cents we're currently paying 29 times the future earnings (taking into account 6month HEPS). Think about it.
NAV means nothing as I've learned in many cases. The best performing shares always trade at the multiple higher than NAV.

So the question is. Is Ellie's a quality share to hold onto. Has the market currently got it wrong about the company?

[andi222]

Yeah the load shedding is really gonna benefit Ellies. It also got silent around the management team and its shareholders. I think we will see a good increase soon. The Full year results will surprise a lot of people in my opinion in a Positive way.

[Spell Jammer]

Crap share and sorry I invested

This isn't a short term game. Look around you and go and look at who's renewable energy products like solar panels, UPS' surge protector etc are being bought at a premium during our loadshedding crisis. 

[Queen B]

Any news here regarding management and Shareholders?

Crap share and sorry I invested

[andi222]

Any news here regarding management and Shareholders?

[Midas1]

See Ellies on a slow climb up

[Midas1]

See Ellies on a slow climb up

[Midas1]

See Ellies on a slow climb up

[andi222]

No new SENS. But still no idea why this share is sitting at 13 cents. NAV is at 63 cents. If management and the big shareholders can just clear their **** we will easily see the 40 cents in my opinion. Getting in between 12-15 cents is a great opportunity in my view. I'm topping up every month. Really positive about the company in the mid term

[Midas1]

Hi ..whats new here i didnt see sens ? Thanks

[Queen B]

Good luck to all on this one

I still sit here and SMH

results were good and massive potential

I wont buy more tho. tired of burning

[Queen B]

big pile of crap

I hold a lot

but pile of crap

I been too busy going to friends emigration parties