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Results: ELCO

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EPIC ELCO
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Eleco plc – AGM trading update, is it right to be delighted with “progress”?...

Serena Lang, Non-Executive Chairman of construction software company Eleco (ELCO), is “delighted with Eleco's progress in the first four months of 2022” and emphasises “underlying demand for Eleco's products remains strong as the construction industry moves towards a more sustainable future, digitisation of the built environment and improvements in productivity… the board remains confident in delivering results in line with market expectations for the full year”. So what of a current share price fall to 88.5p?...

EPIC ELCO
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Elecosoft - not only has the main guy gone but also, for reasons unexplained, the auditor has changed. More Red flags vicar?

As you know we  have been big bears of AIM promote Elecosoft (ELCO). There were so many red flags when we published a major bear report HERE including Stockopedia of Wirecard, Globo & Quindell infamy having it as atop pick, Vox Markets promotion and highly aggressive accounting. They mounted when ElecoSoft started threatening legal action. Since then the chairman and founder has walked and now this.

EPIC ELCO
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Massive new bear dossier on AIM "darling" Elecosoft

A new research house specialising in AIM stocks launches today with a damning 100+ page report on Elecosoft (ELCO), a darling of the Casino. Shares in this company are rated highly by Stockopedia (always a red flag), and are being pushed aggressively to retail investors via outfits such as Vox. But the report from Ciphersense Research is damning. Related party deals, uber aggressive accounting, shocking corporate gvernance, executive greed, a rotating door of FDs, pointless acquisitions, failure to file subsidiary accounts. All is exposed.

EPIC ELCO
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Elecosoft – in light of H1 performance looks forward with confidence, so why a share price decline?

Technology provider to the architectural, engineering, construction and digital marketing industries, Elecosoft (ELCO) has announced results for the first half of 2018 and that “in light of the company's first half performance, we look forward to the remainder of 2018 with confidence”. The shares have currently responded, er, more than 5% lower, towards 80p?…

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