ENG - Engin Limited

[sandik17]

Be careful what you wish for Sandik!!! Here it comes.

I'm with Porper - looking at the chart, the 20's are beckoning, particularly if there is an overall market correction to help things along.

Thankyou for clearing up Pharaoh's post, althought I think you just took away one of his advantages ENG has over competitors.

Duckman

You just don't get it Duckman do you? I haven't 'taken anything away' from Pharoah....
A) with the new voice box from ENG, you CAN keep your current number...
or if you choose...
B) you can change your number....

Now how could this information possibly be a disadvantage to a company.
I understand what Pharoah is saying...

"1. We are seeing that people get a regular australian phone number. Kids and techo's won't mind switching but 95% of the population won't want to keep telling family and friends about their "new" phone number..."

He was implying that ENG can now give a regular phone number...ie he was AGREEEING with you that 95% of the population wouldn't want to change their number but that ENG now offer this service of keeping your old number.
You just misread the information...or perhaps just misunderstood.

 

[pharaoh]

Re: ENG - Engin Limited - buy price

Guys

I want to get some more today, what do you think it will open at and if you were buying some, what would you hope to get them at?

 

[ijudge]

the way things have been trading

i certainly do not think the stock will be coming down to the 20s

if you want stock you would have to be prepared to pay 34.5 - 37.5c

i can not see them droping much out of this range

and should the 1Q sub numbers as good as is rumoured here

the stock will be in the mid 40c post announcement


ij

 

[Fab]

When is the annoucement due ?

 

[pharaoh]

Fab, I feel imo 1-2 weeks

But I hope maybe 3.
Reason, traders are now supporting ENG at decent levels.
Would be nice for the hype to go away for a bit, so when an ann comes, it will have more effect.

I want the sp to rise on results, not hype.
Feel the next ann on sub levels will be extremely positive.

 

[sandik17]

http://australianit.news.com.au/articles/0,7204,18768502^15322^^nbv^,00.html

Another article about the future of VoIP....and ENG are the Australian market leaders....this is all good!

 

[sandik17]

watch this space...eng up 5cents again today...news in store!

 

[pharaoh]

I know - bugger, I bought some AEX with my spare cashola instead of topping up - doh!!!!

Wonder what happened - no volume then got home and sitting at 41c.........

 

[IGO4IT]

watch this space...eng up 5cents again today...news in store!

FRE is taking the slide down, I think that could be a factor in the current increase in ENG.

 

[pharaoh]

Wow, FRE has taken a drop hasn't it.
I wonder if it's still good value. Depends on how the UK s/market sales go I guess

Think ENG is prob partly responsible, at least they're making a name for themselves, only investors know of FRE

 

[IGO4IT]

Wow, FRE has taken a drop hasn't it.
I wonder if it's still good value. Depends on how the UK s/market sales go I guess

Think ENG is prob partly responsible, at least they're making a name for themselves, only investors know of FRE

Pharaoh,

FRE is going thru more than a hicup, imo, this is more of a mild heart attack

Telco fans will always look for the competitor to support since industry will wait for no one to grow, it will grow with or without FRE, so investors join the company that is still ALIVE as its more likely to get customers from other one dying & since FRE is already down around 25% in value since few weeks ago, I don't think a quick recovery is one of the possibilities as well.

imo, don't bother with FRE until you see it going up again ON VOLUME & for few days, our chance now becomes ENG that will benefit automatically from FRE's decline.

funny world , cheers,

 

[mick]

Does anyone know if there was any information which caused this morning to increase the price and trade volume rapidly compared with the way the share price was settling?

 

[sandik17]

Does anyone know if there was any information which caused this morning to increase the price and trade volume rapidly compared with the way the share price was settling?

Mick, it's a mystery to us all...except that this stock has a history of rising on the hype of upcoming announcements. March was apparently a great month for subscriber numbers, and who knows....maybe break even is impending sooner rather than later? It's all speculation at this stage...but I bet someone in the know bought in yesterday. I'm looking forward to the announcement coming...perhaps after easter now. I love these ones! :

 

[ijudge]

to answer your question mick


there is no formal news

i have heard rumours that march subscribers were very good

but these are rumours

this certainly is a stock that responds to rumours...



ij

 

[mick]

hmm .. and then today the share doesn't really move with low volume starting. Do you think 3 million shares traded could have been some big players playing with the market or does anyone have other ideas on the volatility yesterday?

 

[Mumbank]

I don't have any idea about yesterday but today is one of those "non" days before a series of public holidays when day traders and profit seekers get out before the break. I don't really pay much attention to days like today in the scheme of things. Happy Easter!!

 

[pharaoh]

Very cool, check this out

An Engin voicebox / router for $1


2 for 1
This is a really good move. With margin they will prob breakeven on the hardware, but potentially double their subscriber for each new sale that takes it up!!

Little Johnny will buy one for himself, and one for mum and dad

Good move Engin imo

See:
http://engin.com.au/documentation/Buy1for$1.pdf

 

[ijudge]

Not much happening today

fix bidders will not up their offers at 42c, 41.5c
new buyers jumping over to take at 42.5c
i get the feeling a single player keeps feeding the market at 42.5c
everytime the 42.5c shares are taken by gradual buying interest, someone
puts back another 25,000 to sell, which is gradually satisfying the incoming buyers

soon the seller will dry and then there will be upwards price movement

once the single guy stops feeding, there will be an up movement
when the subs numbers are announced there will be a push one way or the other greater than a single guy can control (i hope the move will be up)

interesting to watch

ij

 

[sandik17]

Not much happening today


interesting to watch

ij

Do you think? I think it's much more interesting when there is a lot of movement (although only when it's up I must admit!)

But I do agree with you. I'm not sure if it's one seller...but certainly when the shares are all gone, more suddenly appear at the same price.
I am very eagerly awaiting the upcoming announcement about subscriber numbers.

 

[ijudge]

wrt subscriber numbers....


we are all very interested

the rumours are that they are good



ij