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#101 Polly

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Posted 13 February 2019 - 11:38 AM

EOH is an IT labour brokering company, which is a business area that has been very much taken over by the Indian giant IT labour brokering companies, and getting worse every year.

disagree on that one...go see what it does...very diversified company now


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#102 Polly

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Posted 13 February 2019 - 11:36 AM

thing is i have made lots of money on this share buying the dip on every occasion and selling higher after every bad situation/news...

 

maybe 4th time lucky...hopefully.....tata ma chance...if you dont play you dont win/lose

 

Playing with winning chips..so all fine here


Edited by Polly, 13 February 2019 - 11:36 AM.

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#103 Polly

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Posted 13 February 2019 - 11:32 AM

I think MicroSoft decision is strategic, and very hard to change.

EOH is tainted.

yeah it like permanently having a gun at the back of its head....Whats next is the question....

 

Im in for a few bob hopefully...looking at 24/25 to get out...

 

amazing thing is they seem to have a knack to talk themselves out of these situations...So next set of results is crucial....


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#104 Tom

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Posted 13 February 2019 - 11:32 AM

EOH is an IT labour brokering company, which is a business area that has been very much taken over by the Indian giant IT labour brokering companies, and getting worse every year.


Edited by Tom, 13 February 2019 - 11:34 AM.

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#105 Tom

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Posted 13 February 2019 - 11:28 AM

I think MicroSoft decision is strategic, and very hard to change.

EOH is tainted.


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#106 Polly

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Posted 13 February 2019 - 11:05 AM

That Update basically says nothing, they are not playing open cards unfortunately. 

MR Market sell first and talk later approach


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#107 andi222

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Posted 13 February 2019 - 11:04 AM

That Update basically says nothing, they are not playing open cards unfortunately. 


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#108 nosh

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Posted 13 February 2019 - 10:11 AM

Microsoft Channel Partner Update

EOH HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/014669/06)
Share code: EOH ISIN: ZAE000071072
(?EOH?)


MICROSOFT CHANNEL PARTNER UPDATE


Further to the SENS announcement issued on 12 February 2019, shareholders are advised that a meeting
has been held between its senior executive, including CEO Stephen van Coller, and the Microsoft leadership
whereat EOH reiterated its commitment and willingness to understand the requirements of it by Microsoft in
the local market. Both EOH and Microsoft are aware of the urgency of this matter and deliberations are a
priority. EOH is expecting a considered communication from Microsoft in due course, following our
representations to them. Shareholders will be advised as and when additional information is obtained.


Johannesburg
13 February 2019


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#109 Tom

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Posted 13 February 2019 - 09:59 AM

https://www.iol.co.z...mbling-19272059


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#110 Tom

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Posted 12 February 2019 - 09:05 PM

EOH has been mentioned several times in state capture by several witnesses and entities, and fresh allegations of corruption came out last week from Eskom, it's very possible that Microsoft 30 days notice for termination of partnership agreement is because of the corruption allegations.

And on top of that EOH posted losses for the last two financial halves.

And on top of that heavy impairments because of splitting with a partner that was accused of corruption.

Then the partnership with Lebashe didn't help the share price at all (although touted for quite a while by EOH during 2018).


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#111 Tom

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Posted 12 February 2019 - 08:45 PM

EOH has lost about 88% of its price in about 2 years and 2 months.


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#112 andi222

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Posted 12 February 2019 - 08:41 PM

Eskom allegation apparently sorted. Refer to Sens. Where do u see the company made losses?

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#113 Tom

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Posted 12 February 2019 - 08:40 PM

https://www.business...-price-tumbles/


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#114 Tom

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Posted 12 February 2019 - 08:38 PM

EOH has been mentioned several times in state capture by several witnesses and entities, and fresh allegations of corruption came out last week from Eskom, it's very possible that Microsoft 30 days notice for termination of partnership agreement is because of the corruption allegations.

And on top of that EOH posted losses for the last two financial halves.


Edited by Tom, 12 February 2019 - 08:39 PM.

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#115 andi222

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Posted 12 February 2019 - 06:42 PM

It was confimed today even if they cancel the agreements EOH will still be able to supply Microsoft products. So must be something else.


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#116 Polly

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Posted 12 February 2019 - 04:50 PM

thing is if most clients use microsoft , may turn therm away from EOH!!! think this is worry going forward...


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#117 Polly

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Posted 12 February 2019 - 04:49 PM

ok understand, but if something is seriously dodgy then they would have canceled all agreements? Not just 2 out of 50?

i read that as 49 other products from other developers...


Edited by Polly, 12 February 2019 - 04:49 PM.

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#118 andi222

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Posted 12 February 2019 - 04:39 PM

Share price sell-off based on contract termination without notice implying that something unsavory has transpired... Which could be justifiable or just a blip... In which case we get shares very cheap...

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ok understand, but if something is seriously dodgy then they would have canceled all agreements? Not just 2 out of 50?


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#119 Investment novice

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Posted 12 February 2019 - 04:36 PM

The effect of this notice, if acted on, will be that Group subsidiary company, EOH Mthombo, will no longer
be a direct reseller of Microsoft licences with a profit impact of approximately R10million in the current
financial year. However, Microsoft remains an important part of EOH’s network of the more than 50
technology partners within the EOH Group and resolution of this matter is a priority.


Why is the share falling so much?? Impact would be 10 million. . . Last years profit was more than a Billion. . . Am I missing something???


Share price sell-off based on contract termination without notice implying that something unsavory has transpired... Which could be justifiable or just a blip... In which case we get shares very cheap...

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#120 andi222

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Posted 12 February 2019 - 03:03 PM

The effect of this notice, if acted on, will be that Group subsidiary company, EOH Mthombo, will no longer
be a direct reseller of Microsoft licences with a profit impact of approximately R10million in the current
financial year. However, Microsoft remains an important part of EOH’s network of the more than 50
technology partners within the EOH Group and resolution of this matter is a priority.

 
 
Why is the share falling so much?? Impact would be 10 million. . . Last years profit was more than a Billion. . . Am I missing something???

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