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#41 Investment novice

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Posted 27 March 2019 - 04:50 PM

I took some at 1300c, but speculative.

Rumour that they are facing lawsuits from businessowners that sold 50% of their companies to EOH for shares, to have the deals reversed. If this happens, EOH will most likely implode as a company. So very high risk at this stage.


Lawsuits would require a sens

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#42 SoleTrader

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Posted 27 March 2019 - 03:56 PM

I took some at 1300c, but speculative. 

 

Rumour that they are facing lawsuits from businessowners that sold 50% of their companies to EOH for shares, to have the deals reversed.  If this happens, EOH will most likely implode as a company. So very high risk at this stage. 


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#43 Investment novice

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Posted 26 March 2019 - 04:40 PM

What are the critical fundamentals supporting this share.....?. Apart from credibility and loss of Microsoft contra t, low volume shares trades... Surely the revenue... And margin value suggests this share is significantly undervalued. What are your thoughts... High risk as we don't know what else is lurking.. But 70+% business non gov....

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#44 Tom

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Posted 26 March 2019 - 11:12 AM

https://www.moneyweb...ments-with-eoh/


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#45 Tom

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Posted 21 March 2019 - 02:12 PM

https://www.moneyweb...ancial-results/


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#46 Shi

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Posted 15 March 2019 - 10:46 PM

http://www.capetalk....f-embattled-eoh


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#47 Investment novice

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Posted 04 March 2019 - 11:10 AM

Impact limited to eoh if it was pre acquisition. There may have been warrantees in place which could have expired. Could eoh sue for loss income if the deal goes south due to preaquisition issues??? Not certain if this is just more noise.
Be good to see the interim eoh results and see the company structure going forward in March....


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#48 Polly

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Posted 01 March 2019 - 10:00 AM

SAP has confirmed to TechCentral its receipt of the complaint and said it acted immediately by suspending TTCS as a channel partner and appointing a law firm — believed to be Paul Hastings — to investigate the facts. It said no TTCS transactions are currently permitted by SAP “without undergoing an independent assessment by external counsel”, while EOH has “taken complete ownership of any future TTCS deals”. EOH owns 49% of TTCS. It acquired that stake in 2015 and told TechCentral on Thursday that it was not aware of the allegations at the time of purchase.

 

https://techcentral....egations/87871/

 

 

and the hits keep on coming

 

 

Pain continuing....


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#49 nosh

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Posted 28 February 2019 - 09:33 PM

SAP has confirmed to TechCentral its receipt of the complaint and said it acted immediately by suspending TTCS as a channel partner and appointing a law firm — believed to be Paul Hastings — to investigate the facts. It said no TTCS transactions are currently permitted by SAP “without undergoing an independent assessment by external counsel”, while EOH has “taken complete ownership of any future TTCS deals”. EOH owns 49% of TTCS. It acquired that stake in 2015 and told TechCentral on Thursday that it was not aware of the allegations at the time of purchase.

 

https://techcentral....egations/87871/

 

 

and the hits keep on coming


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#50 Polly

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Posted 25 February 2019 - 09:12 PM

https://mybroadband....corruption.html

 

EOH suspends employees involved in corruption

This management have a knack of talking themselves out of trouble... kudos to them..seen it over and over...


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#51 nosh

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Posted 25 February 2019 - 03:17 PM

https://mybroadband....corruption.html

 

EOH suspends employees involved in corruption

 

so corruption is confirmed


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#52 Shi

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Posted 25 February 2019 - 12:38 PM

https://mybroadband....corruption.html

 

EOH suspends employees involved in corruption


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#53 nosh

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Posted 22 February 2019 - 10:18 AM

https://techcentral....rruption/87636/

 

"Van Coller says he didn’t know about the impending Microsoft drama when he became CEO in September 2018, but was well aware of other issues of poor governance and possible corruption."

 

so there are more issues


"Despite market speculation that this latest scandal might trigger dire consequences, EOH will not be delisted or dismantled. “I think we have lanced the issue,” he said, adding that there is too much work to be done to waste time delisting."


"The task of overhauling the enormous entity that EOH has become will see some of its non-core divisions sold, however. Ten or perhaps 15 of the 273 entities would be shed, and that process had already begun, he said."


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#54 Tom

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Posted 22 February 2019 - 09:51 AM

This article is very critical:

https://www.fin24.co...ompany-20190222

 

One always has to read between the line to get to know what's going on.

This share is a very high risk share.


Edited by Tom, 22 February 2019 - 09:55 AM.

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#55 Polly

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Posted 22 February 2019 - 09:30 AM

from a technical point of view , last 2 candles on eoh daily looks bullish....a bottoming tail ( wednesday) and a spinning top ( yesterday)...lets see if follows through


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#56 Polly

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Posted 21 February 2019 - 02:23 PM

all those who shorted catching a lekka squeeze now.....


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#57 Tom

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Posted 21 February 2019 - 01:23 PM

The main problem that EOH will have now is that they will find it more difficult to raise fund or procure cost effective loans, and given their high debt level, and that they've posted losses in the last 2 financial halves, then the possibility of them running into liquidity problem is real (which can lead to insolvency and bankruptcy), and maybe that's why yesterday the CEO mentioned that EOH is considering to sell some assets (divisions).


Edited by Tom, 21 February 2019 - 01:26 PM.

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#58 nosh

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Posted 21 February 2019 - 10:31 AM

“At the time of this investigation, Microsoft said: “In a company of our size, allegations of this nature will be made from time to time. It is also possible there will sometimes be individual employees or business partners who violate our policies and break the law. In a community of 98,000 people and 640,000 partners, it isn’t possible to say there will never be wrongdoing.”

EOH using exact same excuse - maybe they read this article! 

https://www.siliconr...ery-sec-hungary


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#59 nosh

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Posted 21 February 2019 - 10:19 AM

is he suggesting rogue employees then?? eish...

 

they certainly have a knack of talking themselves out these situations....maybe again....

Note how he's not outright denying corruption/fraud.  Also mere fact that they've set up and are investigating deals from the past means they're aware of corruption and are probably expecting more.  Somewhere in article he even says something to the effect that the climate in this country was an excuse / enabler of said corruption.


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#60 Polly

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Posted 21 February 2019 - 09:42 AM

Analysts and investors applauded and offered hearty handshakes at the company’s AGM, where Bohbot appealed for people not to judge 11 495 employees badly just because of a few bad apples. This phenomenon of collective punishment was “totally and utterly irrational”, he said.

 

 

https://techcentral....h-at-agm/87614/

 

Maybe this explains the upward swing?

is he suggesting rogue employees then?? eish...

 

they certainly have a knack of talking themselves out these situations....maybe again....


Edited by Polly, 21 February 2019 - 09:43 AM.

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