II Editor
13 Feb 2017
NEW ARTICLE: Can eg Solutions double? "When good news strikes at LSE:EGS:eg Solutions, the share price reaction tends to be dramatic. And so it was on Monday when the back office software company reported a record second half and a new contract in the utilities sector. A 29% rally ..."[link]
Sambram
21 Sep 2016
Weak h1 finnCap update out this morning:"A weak H1 was salvaged by a raft of large contract wins which should drive a strong H2. A strange first half was poor financially (loss-making) but encouraging operationally: three new contracts were won through the renewed JV with the US giant, Aspect Software. These include a ground-breaking deal with the world’s leading Social Network. There has also been a contract from one of the UK’s largest life assurance funds; a proof-of-concept with a major Singapore financial services group; as well as repeat orders from UK BPOs and a large European Investment Bank. With those secured, it is now a matter of delivery to see an exceptional H2. While we cut our FY sales forecasts on these results, management is confident on the earnings and we actually lift EPS expectation due to the H1 tax credits."Via Research Tree
Simbr
09 Jun 2016
trading update finnCap published a note this morning: "Four months into FY 2017, a trading update has reaffirmed the management team’s FY earnings guidance - of £0.5m adj. PBT and 2.2p FD adj. EPs - but also flags up a more dramatic H2 weighting than seen last year, due to lengthy discussions ahead of the closure of some particularly large deals. While this naturally increases risk of slippage, we are reassured by management’s confidence in the positive progress on these deals and in delivering a strong H2 profit. It proved its ability to do so last year (FY 2016 swinging from an £0.3m H1 loss to a £0.4m profit in H2). At this relatively early stage, we acknowledge a concern but make no change in FY 2017 earnings forecasts and will review the situation once we have better visibility on the six months trading to July and the order book at the time of the Interims." took this from Research tree.
Simbrad
09 Jun 2016
finnCap published a note this morning: "Four months into FY 2017, a trading update has reaffirmed the management team’s FY earnings guidance - of £0.5m adj. PBT and 2.2p FD adj. EPs - but also flags up a more dramatic H2 weighting than seen last year, due to lengthy discussions ahead of the closure of some particularly large deals. While this naturally increases risk of slippage, we are reassured by management’s confidence in the positive progress on these deals and in delivering a strong H2 profit. It proved its ability to do so last year (FY 2016 swinging from an £0.3m H1 loss to a £0.4m profit in H2). At this relatively early stage, we acknowledge a concern but make no change in FY 2017 earnings forecasts and will review the situation once we have better visibility on the six months trading to July and the order book at the time of the Interims." taken from ResearchTree
II Editor
23 Mar 2016
NEW ARTICLE: Rebuild ongoing at eg solutions "Laying the groundwork for sustainable profit growth after a tricky period is never easy. And LSE:EGS:eg solutions had already warned that near-term earnings had been sacrificed to get the company back in shape. Yet after a year of heavy ..."[link]
Alex 147
30 Oct 2015
EGS Having looked at EGS as a potential investment, I have decided against it. Purely becuase I think it is being run for the benefit of Elizabeth Gooch and no one else.Her greed is just staggering! When you look at at a small company which made a loss of £1.4m, yet the CEO was paid £1.65m!!!!This company is just a joke! Shareholders are just being mugged
II Editor
23 Sep 2015
NEW ARTICLE: New products a springboard to profits at eg Solutions "Tonight, investors will pack into floor 69 of The Shard not just for the champagne and canapés, but also to test the two new and eagerly-anticipated products from AIM-listed LSE:EGS:eg Solutions. The event rounds off a day when the back office ..."[link]
II Editor
20 Aug 2015
NEW ARTICLE: Upside likely at eg solutions "After a challenging 2013, back office software company LSE:EGS:eg solutions is going from strength to strength, with its January fundraising driving product development and its order book looking full. Wait until September's interim results for a ..."[link]
II Editor
25 Mar 2015
NEW ARTICLE: Drama over as eg Solutions transformed "A series of boardroom dramas in 2013 left LSE:EGS:eg Solutions in a mess, but reinstated CEO Elizabeth Gooch has turned the back office software company around. An impressive number of contract wins shows demand is there and a year of further ..."[link]
