Are they too busy to disclose any financial statements?:scared:
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Are they too busy to disclose any financial statements?:scared:
The NZAX disclosure rule 10.4 states that (paraphrased) the issuer must 'announce' within 75 days of the end of HY and issue the report no later than 4 months after HY.
But as I've already posted, we should expect the results early-mid Dec. Deadline date (75 days) for the 'announce' is Monday 14th Dec.
Be calm. Sophisticated investors have been buying millions of shares, not the piddly 1000's we see on the market.
HY Interim Report announced https://www.nzx.com/companies/VML/announcements/274891
:t_up:
Total Revenue $3.3mil
Net loss after tax $3.2mil.
Market cap $24.5mil.
Not exactly "well positioned."
Things that make you go hmmmmmmmmmm.
Better than i thought. They did raise some capital recently. So they have some cash.
Sound good!!!! :t_up:
Worth noting here from the report
"ACMR forecast to exceed 10million in the next six to nine months "
And
"The company sales personnel now regularly get introduced by Microsoft to major US retailers looking for technology solutions"
Using PEB as a proxy VMob should have a MCap of $150m or more. In fact it should be higher than PEB due to better revenue growth and stronger customer base.
Capital input for PEB $80m vs $25m? Also note that VML is looking to beef up their USA advisory board.
Should be heading towards $2.50
Revenue
6 months to 30 September 2013 = $0.131m
6 months to 30 September 2014 = $0.610m
6 months to 30 September 2015 = $3.291m :t_up:
ACMR $4.8m, +1,057% over HY2104
Forecast ACMR $10m+ 6-9 months!
High Growth
Yet another backdoor listed company like Snakk, totally dependent upon hype to be listed and to suck in the naive punters - VML will go the same way as most of the backdoor jobs. Investors end up getting screwed and the promoters are still laughing into their champagne as they gaze across the Caribbean sunset.