noad

Stocks to Double in 2006 - we name them


doubleorquits - Mon, 19 Dec 05 :

Another of my choices for 2006 doublers is ECK. This company seem to be well undervalued but also unloved and/or misunderstood by the market. That has to put a question mark against the management but they are set on realising shareholder value and have sold off Freecom.net and Symphony Telecom (whilst still maintaining a good holding in the latter). They have £12.5m cash in the bank which represents half the market cap and a contract with BT which runs until 2010. They also have extended their contract with TD Waterhouse for a further two years and have significant potential with contracts with William Hill and ITV. They are having their speech technology used in popular TV reality shows (I'm a Celeb etc) and look as though they have a very good chance of doubling or more given that a PE of 15 and EPS of 1.2p (Edison) implies a price of 18p.

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