3233 days ago
1Spatial (SPA) has announced a recommended £2.08 million all-share offer for fellow AIM-listed Enables IT Group (based on a value of 6.75p per 1Spatial Share. Its a cute deal.
3420 days ago
It's a first. A daily podcast not mentioning Quenron (QPP) at all. But for the record its shares dived by 7.2% to close at just 38.5p. Only 38.5p to go to fair value. Instead I discuss Ludorum, Mysale, Naibu, China Chaintek, Enables IT, Ultrasis, Touchstone Gold, Beacon Hill, LGO and why I remain an equities bear. However I reveal a very small AIM company in which we have just made a material (for us) investment.
3826 days ago
I tipped shares in AIM listed tech stock Enables IT (EIT) a few weeks ago at 37p on this website. Following a £2.5 million placing at 36p and a US acquisition announced yesterday the shares are now 40.5p. There is a lot further to go.
3844 days ago
I suggested buying a few shares in AIM listed Enables IT (EIT) at 37p eight days ago. After a trading statement the shares are now 42p but will go higher. And here’s why.
3853 days ago
Enables IT (EIT) the AIM quoted provider of cloud, managed and IT consultancy services formerly the dig known as Nexus, announced a $1 million contract in the US. Other similar deals are, I gather in the pipeline and this creature is starting to look like a solid fundamental buy.
3858 days ago
AIM Listed Enables IT (EIT) was formerly known as Nexus which in turn was formerly known as something else. Will its third incarnation after its second RTO turn around the fortunes of what historically has been a bit of a stock market dog. I met up with Mike Walliss the CEO of the enlarged network and IT solutions group to find out.
3957 days ago
A reliable market source tells me that legendary small cap investor Bob Morton has invested a material (if non disclosable) sum in a £900,000 fund-raising by AIM listed Enables IT (EIT), the software business formerly known as Nexus. I understand that the funding will be at 36p and is due to be announced by the weekend.
4047 days ago
Enables IT (LSE:EIT) the AIM listed provider of network and IT solutions, has served up a pre-Easter AGM statement which is confident and appears to show that this could well be a great recovery play for 2013-15. Noting that there have also been some very hefty director share purchases of late, it is not surprising that the shares have moved ahead to 33.5p valuing the business at £5.31 million
Enables IT was a private business that engineered a reverse takeover of Nexus (LSE:NXS) last autumn as I described at the time, asking the valid question as to Enables would be any less of a dog than Nexus?
It is clear that Enables is different
4055 days ago
Shares in AIM listed tech stock Enables IT (EIT) formerly Nexus have zoomed ahead over the past few days and now trade at 32p valuing the business at £4.75 million. Notwithstanding that bounce this is still one of my least successful tips from my years at t1ps. At least I take some consolation from my efforts to remove the old management team who were useless and bring in a new team that has reversed a decent business into Nexus. Had that not happened I fear that this one would have gone under.
But why have the shares raced ahead? Simple.
