EAL Escalator Advertising Ltd

[Misc]

Anyone hold or follow ? I bought in last year at 20c .... small trades since down to 15c. I note some fairly reputable names on the register and am hearing good things from the roll out in Europe.
Yeah , its been a long term 'wheel spinner' but with new management it might just get there this time .. I like the look of the product, and the shares are cheap enough..

Any comments ?
Cheers
Misc

[Misc]

Oh , by the way , EAL is listed on the 'unlisted' board:

www.unlisted.co.nz

Misc

[madmike]

This dog has been around a while now and I thought it had gone under. Really Misc if the idea hasn't taken off by now it never will. They have been in the states (especially california) for a good many years and if the $$$$ aren't rolling in by now they not likely too. How many escalators in North America vs Europe??? What sort of people are bothered to read the tread in front of and then go buy the product....more likely to be americans rather than europeans. I also remember that the signage can only really be installed on new equipment and not on existing.
BGP use to have over 2m of these babies in 1998. Would be keen to know who are "fairly reputable names (taht are) on the register" thou Misc

[Misc]

DYOR Mike .... and watch the sp ;)
Every dog has its day .. they say !
Cheers
Misc

[madmike]

quote:Originally posted by Misc

DYOR Mike .... and watch the sp ;)
Every dog has its day .. they say !
Cheers
Misc


oh no....i think we have another easymoney here!!!!
or is it you easymoney and couldn't think up a better name!!!

[whatsup]

I see that yesterday 200,000 odd shares in this company was traded ,something must be up ,anyone know anything?

[Steve]

Given that EAL is NOt a NZX listed share, this would appear to be the wrong forum for discussion...[^]

[Misc]

Yeah , something is up alright in my opinion. Expecting a shareholder update in April , and roll out in Europe apparently going very well . They recently raised about$1.5m at 20c privately and have had a production machine / dye built in China so-as to control the development rather than rely on other Escalator manufacturors.
New boss Ed Harman is doing the biz , and is a large shareholder.
The update will be worth a read imo.
I hold from the recent placement , and believe the shares have plenty of upside from here.
Steve - your comments noted , EAL will probably be on the NZX sooner rather than later so let it be .. OK?
rgds
Misc