Shareprice heading south big time since becoming a big boy
BaaBaa - what's up
(Killing my chances in the competition)
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Shareprice heading south big time since becoming a big boy
BaaBaa - what's up
(Killing my chances in the competition)
Bumped into a McDonalds NZ/AU marketing person the other day - they really liked the VML product.
A bit of a worry that VML haven't been able to sustain the price that saw them jump to the NZX. Surprised in some ways that the NZX didn't ask VML to sustain that price of 50c for a period before making the jump, but then, they are probably very keen to wind up the NZAX and move companies across to the NZX or NXT as soon as possible.
I'm not terribly concerned about the recent drop in the share price.
The price jumped about 60% (from 32¢ to 51¢) in late December/early Jan which got it over the threshold to meet the NZX listing requirements. This jump seems to have been caused by either no news, successful share placement completion or just someone buying up shares to push it over the $40m threshold. Personally, I think it was the latter. Surely it's pretty easy to do on the low volumes over the Christmas period.
The price has now fallen close to 15%. It might fall more later today. The market cap is $37m so not even 10% below the $40m threshold.
This is a fairly volatile stock, moving around on low volumes. If it falls back to the low-30s that's more of a worry but in the absence of any (bad) news it's no big worry for me right now.
Some trader I know who was selling out in the 50's sent me this and suggested I show people.
Attachment 7867
Disc; Don't follow the company. He just said it might help people.
Nowhere near enough volume for tech here NBT. The company is in a very different position now to April 2014.
Thanks for the graph anyway.
Interesting to see these sales growth stats appearing more frequently on retail industry and mobile commerce websites ... this one references McD's uplift in sales linked to coupon redemptions and beacons, which we know VMob will be the driving platform. Another stat is the predicted growth in beacon powered coupons! The future is bright indeed.
"In-store beacons are proving to be a successful tool for mobile coupon redemption rates, with a substantial number of retailers seeing positive results, such as McDonald’s 8 percent rise in McChicken sales. Juniper’s research predicts that beacon-powered coupons will rise to 1.6 billion annually, increased from 11 million this year."
http://www.mobilecommercedaily.com/m...r-years-report
Sp back to where it was before the spike upwards to get into NZX.
Don't you just love these backdoor jobs? Make the sp what you want but leopards cannot change their spots.
I'm afraid there is some truth in what balance says. VMob's success will always be discounted because of the poor quality corporate history. Shame really
If one chooses to live in the past, with a chip on both shoulders, there may be some truth to that, but Vmob the company that exists today in the code VML has absolutely no responsibility or relationship to the history. Even the initiators of the reverse listing are gone or mostly gone if one chose to do their research.
Some who are more enlightened might see that VMob have moved from start-up to high-growth, with $4.8m ACMR HY16 and forecast $10m ACMR 6-9 months from HY16 reporting date. In a burgeoning market.
The even more enlightened will see how closely Revenue lags ACMR. They may also see the relevance of being 'the #1 business partner' of Microsoft Global in the Azure space, with the marketing scale and scope that brings.
The insightful will know who has been selling into the rise to .52 and capitalising on their gains from prior to the end of the CR. Those who don't know clearly don't do their research.
Vmob has bright future, it is the only tech on the NZX that is either making huge business gains and/or is not lumbered by overly exuberant expectations.
Whoever got the .35 - .38's ... well done, even if it's a very very (minnow sized) tiny fraction of the MC. As for us accumulators and long holds, we probably like these depressed prices as much as you do.
This is looking very unhealthy, price wise.
i worry that this is the kind of company that might have a chance in a bull market (unlike Snakk, Lateral and GeoOP which are hopeless IMO), but will struggle in a bear market if it wants to raise money.
I fear the worst.
PAY is suffering the over-exhuberance right now, has been since mid Oct, but that's not for this thread.
Speaking of nonsense, VMob did not "struggle to raise a couple of million", they successfully raised over $5million and if you care to look you will see that those investors are major institutions and some very astute sophisticated investors. On that count alone I'm happy to follow the money.
Are you in VML Yeshiva? If you are and you fear the worst, then maybe there's better options for you, but if you're not in VML then your fear and post here is disingenuous.
I would just re-iterate for the punters that the T20 is very stable, still has close to 60% of the company. Not much happening on VML other than a couple of traders playing around. Clearly some traders have done well lately, most of which don't see a need to brag about it. I wish them luck, they create accumulating opportunities for the patient.