241 replies to this topic

[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

[Polly]

some massive volumes on both sides but hardly trading the volumes..

 

Bids / OffersVolumeBidsOffersVolume

26967   13 14932807

167582012 15690988

1087080 11  16718367

[andi222]

Hope there will be some good news soon on the board. We can just wait and see and top up at around 12/13 cents.

[Trader1]

This shud be your worry...dont want to be on wrong side if one of them decides to dump cos of impatience and cant stand this nonsense no more!!

I understand your view.

However, there are over 600 million shares. The share has been too illiquid to dump.  Besides this, the larger investor would have got in above R1 when the last bank role occurred. 

Large shareholders would probably use their voting power first to reset the board, then legal route before selling and realising such a significant loss. 

So I'd agree that it may not be a top strength but that depends on what decisions the institutional investors make.

[Polly]

and is happening right now looking at volumes.....but maybe it seems another institutional wants to come on board or increase its holding  as the dumps are getting bought albeit at low prices...

[Polly]

This shud be your worry...dont want to be on wrong side if one of them decides to dump cos of impatience and cant stand this nonsense no more!!

Just some thoughts:
 

Institutional investors

 

 

[Trader1]

Just some thoughts:

Strengths:
Strong Brand Name
High NAV and TNAV
Low PE

Institutional investors
Logistical infrastructure

 

 

Weaknesses

No management/ direction for future

Challenging economic climate

Low liquidity

Broken trust with shareholders and Management
 

 

This is a room for growth company but I consider it high risk taking into account how highly unstable management currently is which could make this company fall dead in the water.

First thing first. We need a good board with great vision and decisive action who work well together to get Eliies back on track - Adrian Block left too soon. Products and repositioning can come later.

The next set of results could be net positive in earnings but will probably still be a decrease in HEPS year on year.


 

[andi222]

Yeah true a strong base is forming at around 13 to 14 cents. I'm positive about this company, did my research and I think its oversold hard. Good price to get in for the medium term in my opinion.

[Midas1]

Yes agree re andi..or a buy out from company that needs add ons ? Im not stressing re ellies it time will come

[soutie]

Bottom feeding going on..Not a bad thing as a base is formed...Once they take the finger off the self destruct button should start to trickle upwards & next set of results if again positive will continue...But if there's not enough people with a healthy appetite for risk gonna stay in retail investor territory...Good comment andi hooking up with the add on's for streaming\gaming side of home entertainment is a good call. 

[andi222]

If they could just sort out their management issue and focus their products on streaming services they have a good base to deliver good results in future. Even their last results where quite good given the current market conditions in SA. They can produce profits, that was proven by their last results. 

[Midas1]

Nice thought but not too sure about that..I have few shares so should be pumping not honest ...

[andi222]

Yeah good volumes the last 2 days, i think if the share can break the 16 cents it will rush to 20 cents easily. 

[Midas1]

Higher volume s today