CXZ - Connexion Mobility

[springhill]

ECS are looking to change focus from a security system based company, and are now seeking to purchase, via Alphacoal Pty Ltd, the business and assets of Pu Neng Coal Chemicals Ltd from Vigor Assets Ltd.
This looks a convoluted process to my poorly visioned eye, but in an attempt to cut through the convoluted announcement speak BS, ECS is looking to take over a coking coal processing plant and bring it up to environmental specs. In the mean time consolidating at 10:1, leaving a company with 76m shares at a value of 20c.
More info here.
http://www.asx.com.au/asxpdf/20100901/pdf/31s86m33zbz4xz.pdf

 

[rybka]

Re: ECS - ECSI Limited

Hey Guys

ESCI Limited is interesting now, I know its a SPEC buy (and one deal fell through), but this one is involving quite a few big parties. Looks like if this uranium deal goes through, looking at past announcements and size of assets, this stock may hit 3-6cents

Anyone have any opinions?

 

[Veslex]

Re: ECS - ECSI Limited

Hey Guys

ESCI Limited is interesting now, I know its a SPEC buy (and one deal fell through), but this one is involving quite a few big parties. Looks like if this uranium deal goes through, looking at past announcements and size of assets, this stock may hit 3-6cents

Anyone have any opinions?

i've also been tracking the progress of ECSI & i agree with rybka, it seems like it's on the up!

 

[rybka]

Re: ECS - ECSI Limited

See the size of the assets, this stock could easily hit 4/5/6 cents, look at the annoucement just announced...

 

[asx256]

Re: ECS - ECSI Limited

See the size of the assets, this stock could easily hit 4/5/6 cents, look at the annoucement just announced...

i too am happy with investing in ECS at the moment. this stock was recommended to me by my broker who has extensive knowledge in the industry.

according to him anything under 2 cents is a bargain atm. according to him three brokers in Melbourne are giving ECS a strong buy

 

[Veslex]

Re: ECS - ECSI Limited

asx256 r u willing to divulge who your broker is? I'd be keen to learn what he/she is discovering re:ECS so I can get some further clarity on this stock. And what the basis is for the STRONG BUY recommendations.

 

[rybka]

Re: ECS - ECSI Limited

Looks like a few sophisticated investors have invested in the company, looking at the companies announcement today. I'm new to forum and not sure if I'm allowed to post what has happened.

 

[Trembling Hand]

Re: ECS - ECSI Limited

Looks like a few sophisticated investors have invested in the company, looking at the companies announcement today. I'm new to forum and not sure if I'm allowed to post what has happened.

When trying to ramp a dog no need to be wary of forum rules...... Give us your wildest most positive shot. We are all waiting to jump in.

 

[Joe Blow]

Re: ECS - ECSI Limited

See the size of the assets, this stock could easily hit 4/5/6 cents, look at the annoucement just announced...

As per the forum rules, please outline the basis of your valuation of "4/5/6 cents".

Looks like a few sophisticated investors have invested in the company, looking at the companies announcement today.

Actually, according to the announcement it was just one "sophisticated investor".

ESCI Limited (Company) is pleased to announce that it has reached agreement with a sophisticated investor for the placement of 20 million ordinary shares (Placement Shares), at an issue price of $0.005 per share to raise an amount of $100,000.

I'm new to forum and not sure if I'm allowed to post what has happened.

You are allowed to post anything that has been announced by the company or that is publicly known about their business or proposed business ventures. You are not allowed to post anything, or even imply that you have knowledge of, anything market sensitive that has not been announced by the company.

according to him three brokers in Melbourne are giving ECS a strong buy

Can you please name these brokers so that others may verify this claim.

 

[System]

On May 16th, 2014, ECSI Limited (ECS) changed its name and ASX code to Connexion Media Limited (CXZ).

 

[kmlk]

On May 16th, 2014, ECSI Limited (ECS) changed its name and ASX code to Connexion Media Limited (CXZ).

Hmmm.... what are people's takes on this company. Somebody advised me to look into this company has some prospects, but may take a while to see a return?

 

[System]

On December 13th, 2018, Connexion Media Limited changed its name to Connexion Telematics Limited.

 

[greggles]

Some interesting trading going on in Connexion Telematics this month. Volume exploded out of nowhere on 10 December and continued since then apart from Tuesday and Friday last week. The ASX sent the company a Price and Volume Query last Monday to which the company replied that it was not aware of any unannounced information that would explain the recent trading in CXZ's securities. There have been no other announcements I can see that would account for the unusual volume and share price increase apart from the AGM presentation released on 26 November which detailed the launch of the company's Courtesy Transportation Program (CTP) program with General Motors. The soft launch commenced on 1 December with the full launch being completed on 2 January.

It definitely looks like someone wants in but there have been no change in substantial holding notices released recently that indicate this is the case. All will be revealed soon I'm sure.

 

[Ann]

This could make a bit of dough for the bronco riders out there. Looks like a bit of a pump and dump happening. If there are any longer term riders, may not be for you, this is a nice short term buck but be careful! I will put up a chart tomorrow as I have delayed data so won't be good till then.

 

[Ann]

Possible Short Term Trading Opportunity

This may be worth a look for short term traders, not a whole lot of interested in it but it looks like early days yet, the PVI is just moving up. Longer term traders may want to look elsewhere. Thanks to TripleB for the find.

 

[Triple B]

Possible Short Term Trading Opportunity

This may be worth a look for short term traders, not a whole lot of interested in it but it looks like early days yet, the PVI is just moving up. Longer term traders may want to look elsewhere. Thanks to TripleB for the find.

View attachment 91180

No worries . I posted a pickin up pennies thread so maybe those interested can find them . Sort of like a qick find index for those interested . its in the members section and I hope it will be used as a sort of quick heads up with short detail then directed to the stock section.
BTW the announcement that GM subscriptions have started was made this morning .
The recent rise in price (41%)should have got traders attention , so the demand side was primed nicely .
The announcement today should be the kick start needed.
Im not trading this ATM or any stocks . Focused on FX and metals/ oil daily trend trading .
However I like to do a quick scan once a week for these types . Just to build a method.
Might even start to track these again on the asx watch list to make it real easy.

 

[investtrader]

Check the volume in the last 2 weekly bars!!!

 

[barney]

Check the volume in the last 2 weekly bars!!!

Could be on the move again.

 

[galumay]

Took a small position, one of my very few SaaS type businesses. I figure its debt free, cash in the bank, cash flow positive and has some potential if it can sign up any other companies like GM.

 

[Dona Ferentes]

Connexion Telematics Ltd (CXZ, formerly Connexion Media Limited) is a technology company specialising in developing and commercialising software apps and services for the web connected car, mobile device and connected consumer electronics markets. The group operated in one segment, specialising in developing global information technology solutions for automotive industries in Australia. The Company is headquartered in Melbourne, Australia and currently has offices in Cambridge, Detroit.

hmmm. I'd have thought the in-house teams would be first port of call, then the major IT players. How a $11mill AU outfit with one specialty can rise above them is beyond me.