Australian (ASX) Stock Market Forum

ENG - Engin Limited

ENG just got a ticket for speeding - in reverse!

ASX - " Is there any reason why your share price is going down the gurgler?"
ENG - "Not any reason that we're aware of..."

My small position gets smaller every day - waiting for a bounce to get out but there's been no bounces.

I'll do you all a favour and sell - that'll make the SP turn around!

I got sick of this one and sold after losing half my money at 0.195. ENG and SEN are the only 2 stocks in my portfolios that have very badly performed in the last year. I believe there will be a bounce for both of them but why wait for them when you've got resources stocks going up and up and up.
 
lol, this one was one of first stocks i bought

i was on at 17 cents and out at 40, i think VOIP companies had a huge amount of interest before everyone realise profit margins were virtually non-existant and companies have to sign on a massive amount of customers before breaking even.

havent been following for a long time not sure if engin have even reached break even point yet.

but i agree fab, much more money elsewhere, go where the trend is!
 
Just got this email thru, looks good.

Attached is an announcement on a new product initiative in conjunction with TiVo and Channel 7. Engin will be an exclusive distributor of the TiVo box.

Seven and TiVo Inc Sign Strategic Partnership to Distribute TiVo Products and
Services in Australia and New Zealand

TiVo to be key platform in Australia’s development of digital television and interactive communications

(Alviso, CA and Sydney, Australia May 30, 2007) – Seven Media Group, one of Australia’s
leading integrated media companies, and TiVo Inc. (Nasdaq: TIVO), the creator of and a leader in
digital video recorders, today announced that Seven will be bringing TiVo to Australia in 2008.
Under the mutually-exclusive agreement, Seven Media Group will lead the creation of the digital
platform to enable TiVo’s digital video recorder and service, including the award-winning TiVo
user interface. The platform will be available for use by other broadcasters and broadband content
owners to create a compelling, interactive, free to air digital terrestrial television offering. The
TiVo® Service will be available across Australia and will include internationally recognized TiVo
features like SeasonPass™ recordings and WishList® searches and allow users to access
broadband content on their TV. Through its new partnership with TiVo, Seven will deploy TiVo’s
leading interactive advertising capabilities to develop new integrated interactive advertising
strategies for their very substantial number of broadcast advertisers.

“Every night, the vast majority of Australians turn to free to air broadcasters for their television
entertainment. The Australian television market is on the cusp of a significant migration to digital
television that will greatly expand the choices available on free-to-air television ” said Tom Rogers,
President and CEO of TiVo. “We are excited to play a key role in driving this transition by
partnering with the top television network in the country to establish Seven’s leadership of this
transformation.”

Added Rogers, “This new partnership with Seven will utilize TiVo’s content search and discovery
features, TiVo’s powerful advertising capabilities and broadband video straight to the TV set. This
relationship demonstrates our ability to deploy the TiVo service on the digital terrestrial, or DVB-T
standard, which has now been globally adopted and will represent more than 100 million homes by
2009. It demonstrates the opportunities TiVo has to work with leading broadcasters who have
substantial marketing clout to drive TiVo DVR penetration by adopting our hardware and software
approaches to this globally important standard.”

Chief Executive Officer of Seven Media Group, Mr. David Leckie said, “This association unites
the strengths of free to air television and TiVo to deliver new digital services to the Australian
consumer. Free-to-Air television is well positioned in Australia to benefit from the TiVo service in
offering viewers the chance to easily find and automatically record the programming they want,
schedule their viewing time and vastly extend their overall television viewing experience.”
C-2

“Through TiVo, Seven will leverage our broadcast television and publishing businesses, deliver
new advertising and marketing solutions, and expand our presence in new communications
platforms, as we work in partnership with Yahoo!7 and Engin. As a broadcaster, we are uniquely
positioned to promote DVRs while simultaneously defining the future of television advertising.”
A number of major media organizations have expressed interest in participating on the platform.
Engin will play a pivotal role in distribution and support of TiVo in Australia.
Seven and Engin are finalizing distribution arrangements with other partners.

Further announcements of these arrangements are expected in the coming weeks.

The companies expect TiVo products and services to be launched in the first half of 2008.
Financial terms were not disclosed.

For more information and to keep up-to-date with developments of TiVo in Australia, go to
www.mytivo.com.au
 
Their is more news, check out the latest ENGIN news on the ASX. You certainly cant say that the management at Engin sit back and do nothing, they are always coming up with a new deal to broaden the services and the lastest news looks great.
 

Attachments

  • 11 asx announcement 120607 TiVo ADSL2 final.pdf
    42 KB · Views: 21
The price of Engin since their recent ann's has bounced back up from around 13-14c to close at 19.5c yesterday. Investor confidence seems to be back with this stock once engin replied to an asx query about the price drop, stating no reason for the drop that it could see.

Interesting to see how it plays out.
 
NOT written about since JUNE 2007 now NOV 2007 with annual report out today saying all's well and selling 19+% of unwired along with Channel 7 to prop them up seems to true to BELIVE.. :2twocents
 
I have been following the VOIP industry. Engin's competitor MyNetFone, though a smaller company seems to have done better with positive cashflow achieved in the previous quarter.

I believe, Engin is presently out of focus and it would take atleast a couple of years before the full effects of convergence of Tivo, Broadband and VOIP would reflect on the Profit and Loss statement of the company.
 
Pardon the ignorance...but what is MyNetPhones stock name or code..I'm a customer and would not mind checking out its prospects..thanks
 
Hi Rainmaker,

Thanks for your reply.

Stock Code MNF

I have posted a new thread on the forum (linke name MNF: Mynetfone) with some more details and a link to a research report. Kindly reply on that to take the discussion forward.

website www.mynetfone.com.au

Regards
iimamit.
 
ENG - Engin Limited - Proposal by SEVEN

I Just found this on hotcop - and want to share:

If you don't want 70c (or 1.4c prior to Oct 2009) please vote against the proposal.

Contact enginfairdeal@hotmail.com to get your vote counted and stay connected with other like minded Minority Shareholders

Go to the Meeting on Jan 31st so these jokers know their actions are not going unnoticed.
 
Wondering if anyone would be able to tell me what happened to this, I had shares but after checking my CommSec account today after so many years they have disappeared. Apparently comments on another website suggest cheques were sent out but I never received anything :confused:
 
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