Eleco (#ELCO) – recommended offer from Accel-KKR at 235p per share
- 2026-09-10 06:59:00
UK 03:14 Monday, 26 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
‘Project management, estimation, building information modelling and property management’ software company Eleco (ELCO) has issued a “trading update” headlined “Record ARR and Strong Organic Growth” and the shares are currently approaching 14% higher at 131p. However, what about this, with it also only just up on the 129p when I previously wrote last month?
‘Project management, estimation, building information modelling and property management’ software company Eleco (ELCO) has issued an “AGM Statement and YTD FY26 Trading Update” announcement commencing that it is “pleased to report the continued progress in the group’s business performance over the first four months of the 2026 financial year. Eleco continues to deliver on its growth strategy and to be well positioned for the future in the markets it serves”. So what about a current 129p share price comparing to above 160p a year ago?
Previously writing on construction software company Eleco (ELCO), in May with the shares down to 88.5p I concluded that the valuation didn’t look to discount the risks and thus still avoid / sell. What though now with the shares last closing at 70p and a trading update the company states it “is pleased to provide”?
Serena Lang, Non-Executive Chairman of construction software company Eleco (ELCO), is “delighted with Eleco's progress in the first four months of 2022” and emphasises “underlying demand for Eleco's products remains strong as the construction industry moves towards a more sustainable future, digitisation of the built environment and improvements in productivity… the board remains confident in delivering results in line with market expectations for the full year”. So what of a current share price fall to 88.5p?...
Eleco (ELCO) “announces that Robert Tearle is stepping down from the board as a Director of Eleco plc with immediate effect”. A red flag?...
As you know we have been big bears of AIM promote Elecosoft (ELCO). There were so many red flags when we published a major bear report HERE including Stockopedia of Wirecard, Globo & Quindell infamy having it as atop pick, Vox Markets promotion and highly aggressive accounting. They mounted when ElecoSoft started threatening legal action. Since then the chairman and founder has walked and now this.
A new research house specialising in AIM stocks launches today with a damning 100+ page report on Elecosoft (ELCO), a darling of the Casino. Shares in this company are rated highly by Stockopedia (always a red flag), and are being pushed aggressively to retail investors via outfits such as Vox. But the report from Ciphersense Research is damning. Related party deals, uber aggressive accounting, shocking corporate gvernance, executive greed, a rotating door of FDs, pointless acquisitions, failure to file subsidiary accounts. All is exposed.
Technology provider to the architectural, engineering, construction and digital marketing industries, Elecosoft (ELCO) has announced results for the first half of 2018 and that “in light of the company's first half performance, we look forward to the remainder of 2018 with confidence”. The shares have currently responded, er, more than 5% lower, towards 80p?…
We have a refreshing technical situation here at Elecosoft (ELCO), refreshing in at least a couple of ways for the share price. The first is that this is a stock which is totally new to me, only having made it onto the Bull Call radar after yesterday's rise for shares.
