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ENG - Engin Limited


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.

 
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..
 
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
 
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