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EVS - Envirosuite Limited

System

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Pacific Environment Limited (PEH) is an environmental consulting and technology company. The company provides services in the areas of climate change and energy management; air emissions, air quality and environmental noise measurement; air quality and noise impact modeling and assessment; applied meteorology and climatology; toxicology, and real-time environmental management and forecasting systems. The company expands its consultancy capacity through acquisition of specialist environmental companies and commercialisation of its intellectual property.

http://www.pelgroup.com
 

System

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On December 14th, 2016, Pacific Environment Limited (PEH) changed its name and ASX code to Envirosuite Limited (EVS).
 

greggles

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EnviroSuite Limited up 39.11% to 8.1c today. Intraday high was 10c.

The reason is the quarterly sales update released today that reported the following:

screenshot-www.aspecthuntley.com.au-2018.07.20-15-15-35.png


I don't really know anything about this company other than what was in today's announcement but thought I should bring today's share price movement to people's attention. Could be a sign of better days to come for EVS.

big.chart-EVS.gif
 

galumay

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I have it on my watchlist. Its so hard to value these sort of transformative businesses, in the end I couldn't make a compelling case for investing at this stage. (prior to the contract win notice.)
 

greggles

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I have it on my watchlist. Its so hard to value these sort of transformative businesses, in the end I couldn't make a compelling case for investing at this stage. (prior to the contract win notice.)
It's on the move again today. Up another 20% to 12c. Looks like their sales team is kicking goals and there's obviously a perception out there in the market that the kind of ARR increases they've been seeing over the last 12 months are set to continue.

I noticed this from Friday's announcement:
It is very pleasing to see the new sales team members starting to gain traction. Given the sales lead times, it is expected that each new sales person requires around five months before their efforts translate to consistent financial outcomes. From November 2017 to March 2018 the size of the global sales team increased from three to twelve people and thus we expect the ARR to benefit from the increased sales resources and market focus from this point onwards.
 

galumay

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Yes, up 100% since I missed out on taking a position! That must be the fastest double bagger I have ever missed out on! Never mind, it wasnt a conviction buy for me, and as I have said elsewhere its not missing out on winners that matters, its having a process that ensures you miss out on the big losers that matters!
 

Ann

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Coming back to life again or just making an attempt to break through a double top coming from October 2015? Twiggs Money Flow weekly is rising very well and the Positive Volume Index is also rising very well into positive territory. The yellow line above the price is the long term overhead resistance line at around .205c

evs 23.3.19.png
 
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Anyone have further views on the share price movement in last few days? Seems they are still winning contracts (small value) with global infrastructure companies, who have to meet environmental regulatory obligations. However, the company seems to have a habit of posting a lot of updates, even if the news is not material - all a bit markety and anything to drive the share price..
 
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I'm not going to comment on EVS other than to point out an interesting point.

EVS is doing business in China through a Chinese company with connections to Mr Zhigang Zhang in a similar arrangement to what Phoslock (PET) did. A recent news item from PET reads . . .

0710a.PNG
 
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Yes, I saw that too, interestingly, there has been limited comments out from EVS on this relationship. I suppose they are probably waiting for the KPMG report to come out and they are probably waiting for some clarification from ZZ. Although, in one of the media releases, the company suggested that China will make up only $10m(?) of the revenue pool for the next two years..though $10m out of a $100m target by '23 is still material.
 

Dona Ferentes

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just listened to the 14 minute webinar. Not entirely sure how it all happens for EVS. A software company, into data analytics and AI for their sectors (aircraft noise, particulate pollution, sewerage, water reticulation problems). The approach is of "environmental intelligence " but doesn't seem to solve anything, apart from ameliorating the effect (noise, dust, H2S in pipes, etc) . Business model is SaaS.

May 2021: held a 1 for 14.5 pro-rata accelerated non-renounceable entitlement offer and institutional placement, to raise approximately A$14 million. New shares to be issued at A$0.085 per share

now 22c
 
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