Pour ceux que ca int‚resse...
Faro
Tir‚ de OTC Journal server list.
Envoy Communications (TSE: ECG)
Major news was revealed at Envoy's conference call today, and we strongly recommend that you listen to the replay of the call. We believe that this stock will participate in a major way in the next bull market, and today's call just strengthens our belief.
First and foremost, Envoy finally received its 20-F approval from the SEC to trade on the NASDAQ. We are informed that the stock will trade on the NASDAQ under the symbol ECGI, and will begin to trade sometime within the next week. As soon as it opens for trading we will let you know.
Secondly, we learned that Envoy has raised another $10 million in a private placement which was priced at $7, thereby significantly strengthening the balance sheet and allowing the company to complete several pending acquisitions.
Third, we learned that the company will be rapidly moving forward with a number of acquisitions and strategic alliances that have been on the back burner pending the NASDAQ listing approval.
Fourth, the second quarter numbers were very strong once again with revenues up 54% and EBITA (earnings before depreciation, goodwill amortization, interest expense and income taxes) also up 54%, the growth was impressive. The stock is currently trading at a PE ratio of 15 based on trailing earnings EBITA.
This stock is cheap. This company is growing rapidly. This stock is very undervalued. Listen to today's conference call and make up your own mind. Based on the way this stock has behaved over the last month, there seems to be little downside risk from these levels and maximum upside potential.
Click Here <http://tibnet1.tac.net:8080/ramgen/~envoy/053000/ECG_053000.rm> to go listen to the Conference Call
or go to this web address:
tibnet1.tac.net:8080/ramgen/~envoy/053000/ECG_053000.rm
Click Here <http://www.envoy.to/cgi-bin/template.pl?template=statements&type=financial&body=soo2000_sq> to View Financial Results |
