E Chanelling Future

Hawk Eye · 1 E Chanelling Future Thu Jun 09, 2011 11:06 am

Hawk Eye

Expert

Posts : 896
Equity Stars : 6837
Reputation : 44
Join date : 2011-03-13

Shows a steady growth in appointments year on year, so the Revenue shows steady growth. Now it targets international Markets through its new subsidiary E-Soft. E-soft will focus on (CSE filing on 5th May)

- Non health care Software
- KPO / BOP and consulting
-Global Marketing of its product

- It entered in to a Join Venture Agreement with a British Firm
-Partnered up with IFS
-talks with a Hospital in Pakistan
- Negotiations are underway with a Australian and Bangaladesh firm
- Struck a deal with Watania Telecom Maldives which is owned by Qartar telecom. it
Plans to enter the market in 4 stages

yesterday stock plunged down to 4.80 adn now picked up to 5.50-5.60. Looks like a growth stock

Any other news to add?

suja · 2 Re: E Chanelling Future Thu Jun 09, 2011 12:51 pm

suja

Senior Manager - Equity Analytics

Posts : 338
Equity Stars : 5202
Reputation : 14
Join date : 2011-01-27

There business model is very simple. This is the reason why I recommended this stock in my earlier post. Just think only Sri Lanka for the moment. The telephone penetration is increasing even rural farmers use the telephone/mobile now all the good doctors and hospitals are in colombo. Isnt it convenient for the customer to call e chanelling and get the appointment rather than coming all the way. The fee charged for the service is reasonable. I too use this service when I want to chanel a doctor. If they market this on a global perspective there is a super growth. I have bought stocks in the company and collecting further. This is my personal view, you need to analyse further. On numbers it does not look attractive at the moment.

Gaja · 3 Re: E Chanelling Future Thu Jun 09, 2011 12:52 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9671
Reputation : 260
Join date : 2011-01-27
Age : 40
Location : Colombo

http://www.cse.lk/cmt/upload_cse_announcements/3951307603857_.pdf

Hawk Eye · 4 Re: E Chanelling Future Thu Jun 09, 2011 2:45 pm