Eckoh – “comfortably in line with market expectations”... but what about September’s profit warning?

“Eckoh plc (ECK), the global provider of secure payment products and customer contact solutions, today issues a trading update for the year ended 31 March 2017. The board of the company confirms that trading for the year ended 31 March 2017 was comfortably in line with market expectations”. Hmmm, what about the September announcement that “it is expected that the company's pre-tax profits for the year to 31 March 2017 will be below market expectations and is expected to be in line with the performance last year” though?...

Eckoh (#ECK) – FY “comfortably in line with market expectations”, “strong pipeline”

Eckoh – announces US contract wins, but how material?

Eckoh (ECK) “is pleased to announce that it has recently secured three significant contracts in the US worth over $2.5m in total over the next three years… Our trading performance at the end of the first half of the year has been strong and we remain confident that the revised market expectations for this financial year will be achieved”. Revised market expectations? Oh yeah…

Eckoh – CEO & Chairman buy shares, but of how much financial significance are these in context? …

Following the shares having fallen more than 27.5%, to 35.5p, when I wrote on a “Trading Update” (i.e. profit warning) announcement from Eckoh (ECK) last week HERE, they had since continued falling – closing on 6th September at 32.5p. Now, “the company announces that on 7 September 2016, Nik Philpot, Chief Executive Officer of Eckoh, and Chris Batterham, Non-Executive Chairman of Eckoh, have both increased their shareholdings in the company”…

Eck-oh no! – profit warning from Eckoh, hopefully my previous warning heeded…

Previously writing on Eckoh (ECK), with the shares above 40p just over a year ago, I warned that a Benjamin Graham ‘Margin of safety’ – “available for absorbing the effect of miscalculations or worse than average luck” e.g. an earnings miss or negative change in stock market sentiment – looked to continue to not really exist here. Hopefully this warning was heeded as the shares are currently more than 27.5% lower today, at 35.5p, on the back of a “below market expectations” ‘Trading Update’ (i.e. profit warning) announcement…

Zak Mir's Bull Call of the Day No.2: Eckoh (ECK): Breakout Towards 75p

Although it may be argued that we are only a few weeks late in terms of coming to the party at shares of Eckoh on the daily chart, it does feel like this is a situation which has been a closely guarded secret to a small coterie of bulls.

Zak Mir's Bull Call of the Day No.1: Eckoh: 56p Price Channel Target

It may have been years since I last looked at the daily chart of Eckoh, and this may be something to apologise for. However, to make up for this omission we have this stock as the Bull Call of the Day.

Eckoh plc – contract news sees Edison talk of upside, but would Benjamin Graham agree?

Having previously warned on shares in Eckoh plc (ECK) towards the end of last year at more than 45p (see HERE), the following updates with them currently recovering above 40p following an announcement of “a number of new contract wins for its secure payments products”…

Eckoh PLC (#ECK) - Now not taking over Netcall

Eckoh (#ECK) in line but very confident FY Trading Update

Eckoh – do interims suggest the recent share price momentum is justified?

Shares in provider of secure payment products, Eckoh plc (ECK) have recovered to a current more than 45p – to capitalise the company in excess of £100 million – having fallen to below 35p in October. The following updates post recent interim results.

Eckoh plc – being born in the USA, but still a sell?

In August I concluded that, at 43p, shares in secure payment and customer service products-focused Eckoh plc (ECK) already looked to anticipate some quite impressive growth with resultant substantial downside risk. The following updates on the back of an announcement from the company of a new US contract win and that interim results, to be announced on 25th November, “will report a significant increase in revenue and margin compared to the previous year, in line with market expectations”.

Eckoh plc – positive AGM trading update, but would Benjamin Graham and Warren Buffett buy?

Provider of secure payment and customer service products, Eckoh plc (ECK) has updated that it “has seen a significant increase in revenue and margins during the first quarter of the new financial year and that current trading remains in line with market expectations”. However, with the shares up from 15.5p as recently as June 2013 and around 30p earlier in 2014 to a current 43p – capitalising the company at approaching £93 million – does there remain any value left here?