Suppose tax payers, a la NZTE, are 'assisting' VML with cash as well.
Wonder how much?
Printable View
Suppose tax payers, a la NZTE, are 'assisting' VML with cash as well.
Wonder how much?
Thanks for that. So shortly afterwards the on-market price almost doubled to $0.05, twice in Nov'13 and Jan'14, perhaps some got out at those times for a handy profit, and it didn't drop below that placement that wasn't open to the public until April 2014, only 9 months or so ago. Since then there's been a steady stream of very positive news, in particular the recent contracts.
So ignoring my cliches and obviously positive views on VML, if you don't mind for a moment, what is it about VML, its products, it's market, and it's directors and management, that you think everyone should know about that would make it an avoid or no-buy, at this point in time. It would be good to have your perspective Balance, I can see that you do care and I would like to factor your views of the risks against my views of the opportunity.
TIA, BAA
Have a read of this :
http://www.sharetrader.co.nz/showthr...-Group-Limited
Lastmoa chose to ignore the assessments at that time and lost his lunch money. Moosie learnt too after his various entanglements with back doors! :D
Read some of the comments as well following the Nov 2013 placement, and see how many were sucked in and spat out :
http://www.sharetrader.co.nz/showthr...Limited/page11
Despite the Balance Fan Group's deep conviction, and 'the' Balance suggestion that I re-read (yes, re-read) the endless to'ing and fro'ing on this thread, let alone SNK, PlusSMS etc etc, I am yet to hear a convincing case that investing in VML RIGHT NOW is tantamount to stupidity.
It's touching that there is such concern for mine and others fiscal well being, however there is nothing more that I have learnt from the endless alarms. If for example someone could finish the following sentence and it made compelling sense, then maybe I/we would better understand why you think VML is so terribly risky right now that we would combine our half full glass with your half empty glass and just sell up and walk away.
Please complete the following sentence:
"Do not invest in VML, you ___________, (moron / idiot / loser / other) because the _______________ (product / market / director(s) / management / something else / all of the above) are ____________, __________, and ___________, and my accusations of them are ____________, ___________, ___________ which is because of _____________, (and ____________) which is why this time is a replica of ___________, _________, ___________, times, and here is the evidence why this time is not different - __________; _________; __________; ________ even although I have chosen not to formally report any of this to ___________, __________, or ___________ which of course I could have but haven't because I am __________ (not a shareholder / disinterested / unsure of my facts / have no evidence / afraid) so if you ignore this warning you can expect ___________, ____________ and ____________ to happen, including my telling you "I told you so" interminably for ever after.
BAA
FWIW I'd guess the management isn't the problem. As with XRO and OHE, vmob is led by someone who seems enthusiastic hardworking and knowledgeable.
All shares are a gamble, but I don't bet on companies that make losses and trade on huge multiples of turnover, because they make losses and trade on huge multiples of turnover.
If I did trade them it would be in a cynical fashion using TA.
And in fact it looks like the medium term MA crosses and Donchian 150 day highs have signalled a buy.
I think what is riling some is the suggestion that there are good fundamental reasons to buy this company.
The whole NZ tech sector is frothy IYAM. I don't get how it got that way, given there was a tech crash only a decade or so ago.
Do not invest in VML, you silly goose because the pteorodactyls are pooping on my lawn and the moose have eyes and my accusations of are beyond the realm greased monkeys caring silver spoons which is because of the Second World War and Hitlers penchant for creamed corn which is why this time is a replica of maple syrup, cheese curds and dollar bills all microwaved into a hot mess at times, and here is the evidence why this time is not different - slightly cold asphalt; flying pigs; farting octopi; a babys arm holding an apple even though I have chosen not to formally report any of this to Hitlers creamed corn brigades, cute cats invading the interwebs, or an enraged overgrown giraffe which of course I could have but haven't because I am a four legged woodland creature so if you ignore this warning you can expect creamed corn, monkey poo and Balance to deliver hand made Belgian chocolates on a silver platter with a side of hors d'oeuvres to happen, including my telling you "I told you so" interminably for ever after.
PS - I left this as is to show your terrible spelling and lack of punctuation. Run on sentences are the work of the devil ;)