Eleco Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9433007 http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=9433007&action=detail Thu, 15 Mar 2012 07:58:00 GMT JimmyZoid tag:iii.co.uk,2003:tst.9083598
Debt almost wiped out through disposal of a now non core asset (albeit a profitable one). With a market cap at £5m (at 10p) and little debt this looks hugely undervalued...

I think I am right in saying that they have now dealt with all their problematic divisions through acquisition or the natural process of closing out contracts.

Price has drifted lower since my last positing - so up 40% today - but needs to keep going..



By JimmyZoid ]]> http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=9083598&action=detail Mon, 19 Dec 2011 11:48:00 GMT JimmyZoid tag:iii.co.uk,2003:tst.8857517 http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=8857517&action=detail Tue, 18 Oct 2011 17:14:00 GMT muscati tag:iii.co.uk,2003:tst.8843125
The loss making contracts and operations have been divested or run their course and the software side looks strong. Debt is high but the market cap is at rock bottom, and this has been drifting for months.

I have recently bought a few tranches at 11, 10 and 9p on the basis that this has good turnaround potential - anyone care to agree or disagree... By JimmyZoid ]]> http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=8843125&action=detail Thu, 13 Oct 2011 16:15:00 GMT JimmyZoid tag:iii.co.uk,2003:tst.7325357 By MelchiorHoffman ]]> http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=7325357&action=detail Thu, 25 Nov 2010 12:13:00 GMT MelchiorHoffman tag:iii.co.uk,2003:tst.6688059
Unfortunately I can't see much improvement in prospect for the building products side given the markets it serves. The management will valiantly try and staunch the losses and sell off surplus assets until an eventual recovery comes but that pension deficit will remain a huge burden for the Company.

Still far too early to think about buying this one but maybe when the shareprice is down to single figures it could be worth a flutter. By Meanbugger ]]> http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=6688059&action=detail Wed, 28 Jul 2010 19:10:00 GMT Meanbugger tag:iii.co.uk,2003:tst.6038635 http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=6038635&action=detail Fri, 05 Mar 2010 20:27:00 GMT Meanbugger tag:iii.co.uk,2003:tst.5417482
http://www.growthcompany.co.uk/news/1080677/concrete-setback-hits-eleco.thtml By InvestingGarden ]]> http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=5417482&action=detail Fri, 09 Oct 2009 10:36:00 GMT InvestingGarden tag:iii.co.uk,2003:tst.4675419 http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=4675419&action=detail Mon, 06 Apr 2009 13:17:00 GMT stuventus tag:iii.co.uk,2003:tst.3639935 http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=3639935&action=detail Mon, 23 Jul 2007 16:09:00 GMT MegMab tag:iii.co.uk,2003:tst.3639885 http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=3639885&action=detail Mon, 23 Jul 2007 15:45:00 GMT adecor tag:iii.co.uk,2003:tst.3569832 http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=3569832&action=detail Mon, 21 May 2007 22:05:00 GMT Indian-Summer tag:iii.co.uk,2003:tst.3569830 http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=3569830&action=detail Mon, 21 May 2007 22:04:00 GMT Indian-Summer tag:iii.co.uk,2003:tst.3334207
Mara Gorsuch By Mara Gorsuch ]]> http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=3334207&action=detail Mon, 09 Oct 2006 20:24:00 GMT Mara Gorsuch tag:iii.co.uk,2003:tst.3141583
PEG 0.14
Tangible Gearing % -22.60
PSR 0.58
EV / Sales 0.56
ROCE % 83.91
ROE % 30.34
PCF 8.49

TT By Techno Trousers ]]> http://www.iii.co.uk/investment/detail?code=cotn:ELCO.L&display=discussion&id=3141583&action=detail Wed, 05 Apr 2006 12:42:00 GMT Techno Trousers