Which Employment Relations Authority decision do you refer to, my friend?
Printable View
Philip NORMAN - Chair
Scott BRADLEY - Director, CEO & Founder
Sean JOYCE
Michael CARDEN
Tim Cook
VMob have some terrific investor resources, just checkout their blog and postings http://www.vmob.co/resources/blog/ and uploads on Youtube. It helps to understand why VML have a differentiated product in the right place at the right time.
Now that the recent good news about signing McDonalds Global has pretty much sold off, back to $0.015, I'm buying again. Have a good week folks.
BAA
There has been a lot of steady news since August 2014. The biggest piece of news is of course the Global contract with McDonalds, potentially worth millions. But there are investor updates, the work going on with Microsoft Azure and there is a pipeline of other contracts which will no doubt be announced - - but looking at their website there are several customers listed including Loyality NZ, Budweiser, Esso, New Zealand Telcos, Flybuys and Heart of the City. In addition in their investor statements there are strong indications of many more companies would not be listed unless something was going on.
To understand VMob, one needs to review and drill through all the information that is available on the NZX (VML) and Vmob websites.
Excuse me while I put the price up 13.3% - half expecting a phone call from ASB securities telling me I am trying to drive up the price.
Nice to see another announcement by VMob this morning - this time they have signed an agreement with seven-11 in Australia. They have about 600 stores in Aussie. as expected there are no commercial details available. But what I am reading is that there is a constant stream of new clients for VMob. sevel-11 are in 18 countries and have about 45,000 stores. in itself this is not a big announcement, but the main point is that the technology is becoming proven and vmob are well positioned for the future. I continue to accumulate as resources allow.
Yep, another agreement notwithstanding a lack of details can only be seen as positive one owuld think. As for the options, it represents only $0.6m and the strike price is above the current price, albeit only just, so I'm reasonably relaxed. Hopefully the calibre of these clients will raise the profile of the company and generate some positive interest.
VMob also announced 26/2 that they've made the finalists of 2015 Microsoft New Zealand Partner Awards - in the 'Cloud Platform' and 'Rising Star segment' http://www.cio.co.nz/article/568919/...rce=authorfeed
Indeed Monty, another very nice win for VMob. A steady stream of customers. If it plays out like McDonalds, the parent company may in time be a realistic target for a 7-Eleven global contract.
Gosh, you have to be quick to get VML once the announcements are out, up 18.7% already!
Yes, VMob 2014/15 interim results to Sept 30 were released 28 Nov, so if that's an indication, the Full Year results to 31 March 2015 should be released late April.
First half operating revenue grew 283% over the same period last year! This should be a boomer year for VMob and massive next year as the global McDonald contract rollout in the USA comes on stream and 7-Eleven rolls out in Australia.
At under 2c a share, VMob does seem undervalued. I'll continue accumulating as funds permit.
BAA
I agree BAA. I did a post here earlier in their revenue expectations. I believe that revenue will climb massively as McDonalds USA and Europe is rolled out over next 1-3 years. VMoB seems to be making a new client announcement every four weeks. Looking at their investor presentation gives a lot of information and making some assumptions we can make calculated assumptions about potential future clients. Each new client builds momentum and credibility. Is this the little New Zealand company that is going to be big on the world stage?
Heh, I have been accumulating too... when something like this happens, I don't know whether to be happy or not... I still want to double my shareholding so when the price goes up and down I am wondering whether to be happy or disappointed in it :P
We agree to agree Monty. Everything points upwards. https://www.nzx.com/files/attachments/209827.pdf
The dilemma is klid, when it was hammered to .009 (!) and suppressed by the day traders, around .010-.013 it looked awkward, but that turned out to be good buying time, and was before they announced some big wins and revenue growth over 280% ... now the SP is up 50% or so and holding. Be happy, I'm still accumulating when I can. In fact I just can't get enough of VML and wish I could buy more. It's a rare opportunity to buy alongside cornerstone investors without having had to take the lead-in risks and right about the time when the company seems destined for great success.
BAA
I took 150k of the 215k at $0.019 so I've left 65k for you before you have to start eating into the 2c lot :)
Really interesting about the foot traffic decreases in retail spots... it seems quite severe. These retailers are going to have to shut shop if they don't get into this tech.
By the way, couple of things of mention:
1) I saw an online advertisement for vMob. Completely unrelated to anything I was doing at the time.
2) I saw that Wild Bean Cafe had spammed me with some email saying I could get a free toasted hot cross bun if I bought a 6-pack; I forwarded this to vMob who replied very quickly thanking me for letting them know in a personalised way and asking to please send anything similar through to the marketing guy directly.
Tha is interesting. But I doubt VMob would be too interested as they have Esso ( Mobil Exxon) as a client up in Scandinavia somewhere. There is no doubt potential for Esso to agree to a global contract in much the same way as McDonald's has done. Whether this will happen and in what time frame is anyone's guess, but I think VMob will want to explore opportunities with existing clients first, although there is no exclusivity as far as I know
i do think there is a bit around the corner. The mcDonalds Japan roll out commenced in January I think. I read on the article posted above that 1.2m Swedes have downloaded the app population circa 10m. So like the netherland that is about an initial 10% of population. The USA rollout must be ramping up as well. Plus the sales team must be talking to new businesses. The seven 11 roll out (australia) is likely to be ramping up. It is an initial 600 outlets but at $50 per store per month or $30,000 just for the store fee ( could be less) but that is potentially another $360,000 on the bottom line.
I think ink the revenue could be potentially more than the $2.463m that was announced in December 2014. Year end two weeks away. I wonder when the YE results will be announced.which may include one more six hit out of the park with a bit of luck to give the share price that boost. Maybe some announcement from Esso (Mobil /Exxon))
Gosh wouldn't that be exciting, I certainly hope so, not only as a shareholder but also to see another NZ tech company make it big on the world stage.
The article sommelier posted http://www.computerweekly.com/news/2...Donalds-Sweden is really interesting, reading the perspective of another major success for Microsoft Azure, which of course is enabled (and named) as via VMob's clever mobile application and back-end data aggregation. This really shouldn't be underestimated imo, VMob is integral to a MS Azure success story in BIG retail (a sector desperately looking to reinvent itself in the online / mobile world). That gives not only enormous credibility to VMob by association, but also invaluable promotion as Microsoft (how big are they!) leverages that success-by-association through their vast reach into global markets. Wow, it's really mind boggling.
I mentioned on 2/3 that "VMob 2014/15 interim results to Sept 30 were released 28 Nov, so if that's an indication, the Full Year results to 31 March 2015 should be released late April." They have already posted a further $323k Annualised Contracted Monthly Revenue (AMCR) in the period 14Sep14 to 12Nov14 to $2.4+ million, up from a meagre $200k in FY14 https://www.nzx.com/files/attachments/209827.pdf (that they say is an "11x revenue growth in the 9 monthsfollowing its 2014 capital injection") so I think they're excited as well, (judging also by the exec's boosting their own positions in recent times) and I wouldn't be surprised if they're keeping their powder dry for a stellar full year result announcement to 31Mar15 and a bullish FY15/16 forecast.
Just to temper the exuberance lest I get ahead of myself and anyone else interested in VML thinks I'm just a shill, they also published "investment to date" and unless I'm reading it sideways, they are either driving profit back into future growth or we should expect more capital raising ... I expect the latter, as is their MO when making positive announcements.
"Investment to date: Pre listing NZ$798k, Post Listing Funds FY13 NZ$906k, FY14 NZ$8,135k FY15 NZ$2,174k, Total NZ$12,013k" It's not clear to me precisely what this means as it implies around a 1/4 of the capital raised in FY15 (is that the current year?) for a 280+% increase in revenue. It would be more helpful if they said FY14/15, FY 15/16 etc.
What's your interpretation?
BAA
As an NZAX listed company their initial Full Financial Announcement needs to be no later than 75 days after the end of the Financial Year, which would be about 14 June.
FYXX is generally accepted to mean the Company Financial Year ending on (for VML) 31-Mar-20XX.
Best Wishes
Paper Tiger
We will all be gasping for a breath of fresh air by then, so hopefully they can get their results up within a month or so of end-FY. Thanks for posting the rules though.
So in this case the capital raised to-date in the FY end Mar'15 is currently around 1/4 of the previous year for a 280%+ (to Nov14) revenue gain.
Or am I still reading this sideways?
TIA PT,
BAA
@PT I wish VML well, but where is the liquidity
appreciate your sentiment PT, though with due respect, I guess that means you haven't taken a position? Nevertheless, the liquidity seems sufficient to get in, for minor positions, that's all that has traded for quite some time, and sufficient to get out as well. We minions are happy as far as I can tell. The big positions so far haven't signalled a willingness to exit on market, and why would they if they expect good things to come. Most wouldn't be in for a double, they'll be in for a 10 - 20 bagger wouldn't they? By then there will be more than enough liquidity to do whatever they want to.
Others who have been banned or exiled themselves, would leap on this to point out that liquidating a major position (basically a cornerstone investor) is either problematic, corrupt, unethical or dumping, but there is the dilemma isn't it? No cornerstone can get out of this with the liquidity the way it is without shafting the current price, or potentially their entry price, or thereabouts, and on the presumption another major, or a swag of minors, wants in, at market?
BAA
It was nearly two months at half year and I would expect similar for full year - few, if any, companies can get their results out in a month. You will just have to sit patiently ;).
Perhaps it might be best to disconnect the capital raising from the revenue, break that association.
The capital raising(s) are to bring more cash into the business to remain solvent (and legal) which is necessary for VML because in recent times payments have exceeded receipts.
Yes, so far this Financial Year they have raised a lot less than was necessary last year.
Revenue is up because they are winning more business.
Best Wishes
Paper Tiger
THINGS AT VML ARE GOING SWIMMINGLY!!
But we're going to do a pre-IPO capital raising then an IPO. :D
https://www.anzsecurities.co.nz/Dire...spx?id=3833708
Would someone tell them their client TELECOM NZ, has changed their name. Not a good look.
I can only see the announcement today as positive. I admit Scott Bradley is a CEO who always talks up his company but the flurry of announcements in recent times is good news.
1. New level of growth strength and success. landmark year expectation
2. Encouraged by the support enjoyed from key customers and suppliers and by the scale of and timeliness of market opportunities
3. Could not be more optimistic about VMov prospects
4. The sharp increase in customer interest since presenting at theNational retailer federation event in New York in January .(good news) ...... New equity calital (dilutes shareholding but increases capital for growth - not sure if good or not so good but must be necessary)
can someone advise the effect /impact of share consolidation, listing on ASX, and additional capital raising?
Further thoughts = I am a very modest shareholder in Vmob - but I have liked and supported VMob since I first became aware they existed. I invested in the first capital raising and have increased my modest shareholding since that original investment. Before VMob do go to the market for capital raising I will look forward to more detail on their contracts they are negotiating. They will need to release their financials and projections. This may cause some level of conflict with the existing contracts but it will be necessary. Hopefully those financials and projections will give the share price a good nudge before the capital raising commences in earnest.
the second thought I have is related. some investors have held shares and it might be time to reward those investors with a rights issue. I am considering writing to management to ask if there will be a rights issue.
Wow .. when I said last night to expect some news around the corner, even I didn't expect it today! The Baa-rometer is on fire.
:eek2:
I share your optimism Monty, and Scott Bradley's, they're making massive progress at a startling pace.
Something not mentioned in their announcement today but would make sense after, or at the same time as a share consolidation, would be to move from the NZAX to the NZX, especially now that an ASX listing follows as they plan to do. This would lend credibility to ASX investors (though it seems optimistic that an ASX listing would make any real difference, except increase costs - refer another NZ tech accounting company).
I wouldn't be surprised to see the sequence of events that Scott refers to, ergo their 'Roadmap' begin soon and unfold quickly. These guys are sharp and on to it as far as I can tell.
Reading between the lines, VMob has rapidly moved from 'pleasantly pleased' at some significant successes about 6 months ago, to 'crikey we're getting it right' 3 months ago, to 'heck this is bigger than we dreamed' 1 month ago, to 'holy moly we're hitting the jackpot!' ... and a bright future lies ahead.
... so now it's like, 'we are drinking from the fire hose, so what's the plan'? Scale fast seems a good answer. (and don't 'drop the ball').
I'm not concerned much about share dilution, I put my faith in the fact that they will dilute (issue shares to raise capital) only at a level required to meet the demand to scale their business. Reason? The dilution affects us just the same as them ... the directors, staff and cornerstones who already have plenty invested, and way more than we do. They won't shaft their own % by over capitalising, just enough is enough.
Overall I'm really excited as well about investing in VMob and eagerly awaiting the rollout of their 'roadmap' over the next few months.
Maybe we need the trolls to come and pooh on our party, to point out the obvious shortcomings that my increasingly rose tinted glasses are failing to see.
BAA
I think sometimes Baa that it is only you and I who hold the faith in VMob. Are we the smart ones or the dumb ones.
What I think might set us apart is the effort we invested in finding out as much about VMob as we can. I have been to every investor presentation, spoken with Scott Bradley and Phil norman and gone in detail through all the reports and publications available. I have jp used what information is available to do some calcipulations on potential revenue from in the first instance the McDonalds contract and quite frankly even at the conservative analysis the numbers are great. I think it would not be too long before VMob suddenly gets the attention of the major investors.
I don't know of any other way to buy shares in VMob except on-market, and I want shares, lots of shares, as many as I can afford and justify in my portfolio. I want an ownership in VMob and it's success, and I'm very very happy with it, and I bought all of it on the market.
BAA
Just walk into VML HQ and start spittin' like Savage at 0:38 seconds in this video.
In all fairness, VML will probably be a 10-bagger on the ASX at these prices.
PYL/MJP as examples in recent times.
I have faith too. I bought into Snakk about as blindly as I bought into this (I shoot first and ask questions later?). I ditched Snakk pretty quickly but I haven't ditched this, I've been doing the opposite -- they are quite the opposite.
As for the mad hookups -- yeah I don't like the fact that I've had to pay 75% more than CAM and co, but that's just how it is.
Remember that they issued a whole bunch of options, recently, to their employees, at $0.018.
The issue is only 34.5m options @ $0.018 (of ~1.4b cap) to employees "on or about the 27 March". I don't consider that to be much of an overhang, but if the employees decide to take an easter bonus instead of getting RICH, then perhaps some of it could hit the market.
At this stage the most important numbers for me are that the McDonalds contract is succeeding and some metrics provided as to why it is succeeding. If this happens then due to the large liquidity on ASX it will be good times.
Considering it is expensive to have dual listings they must be very confident of the future.
Agree, I'm sure we have will plenty to discuss when the full year results are out, and Monty seems eager to crunch the numbers as well. I hope we get a good level of detail in a contemporary style of reporting suited to assessment and forming an independent view of their business. It will save us having to nag the CFO and CEO persistently until the annual shareholders meeting ;)
That will have to be after the SP price spike though as I'll be a bit busy cracking open the good stuff.
:)
Outstanding recognition, congratulations VMob.
https://www.nzx.com/companies/VML/announcements/262122
but wait there's more, VMob has been selected to compete for the [Microsoft] International Partner Awards
Yes and were also a finalist in the cloud platform category: http://www.scoop.co.nz/stories/BU150...ner-awards.htm
When I was writing about the options offered to employees at $0.018 I was meaning that vMob are "hooking up" their employees by doing this... if these guys were to exercise options and sell now -- I'd be dumping these guys pretty fast. Surely they'd know better.
Just like to say high to all the positive contributors on the VML thread, there has been some well researched and considered explanations as to why we should be attracted to this 'Kiwi Rising Star', they have made huge progress over the last year implementing their strategy, and as Baa Baa pointed out a very timely entry into this personalization space! With solid endorsement from Global enterprise, and job adverts like " Vmob is going Gangbusters" refer Workhere.co.nz "Senior.Net Developer role advertised 24/2/15, things appeared to be progressing to plan.
I have watched this thread for a couple of years now, and feel it is now time to support the other Bulls.
I have also appreciated the increasing amount of posting on the Vmob site and especially their Twitter account, to keep up to date the best we can, and have continually Googlesearched old and new articles to expand our historical collection of data. Like Monty, I also attended an Investor presentation and have meet some of the team, and was inspired to further my research, so to all the new visitors to this site, please DYOR and make up your own mind about this opportunity.
Disclosure: Holding
Just something light-hearted but pretty surreal….I read this book last year and if any of you possess Peter Lynch's book, One up on Wall St, which was published in 1989, go to page 223, and read near the bottom of the page, I quote: "Or perhaps Anheuser- Busch will think of new ways to grow, the same way McDonald's has. A decade ago investors began worrying that Mc Donald's incredible expansion was a thing of the past." Peter Lynch 1989!
Imagine how I felt when the 2 recent notices came out, and I happened to pick the book up a couple of weeks ago and re-read this chapter!
A prophecy…..you decide. :t_up:
Disclosure: Holding
Good point Wallace D, VMob recently rejigged their social media profiles, now going under the name VMoblive on:
Facebook - https://www.facebook.com/vmoblive
Twitter - https://twitter.com/vmoblive
VMob media releases - http://www.vmoblive.com/company/vmob-in-the-media/
VMob investor info - http://www.vmoblive.com/company/investor-info/
You don't have to be a member of Facebook or Twitter to view VMob's pages but members will receive notifications of new posts. Usually the updates comes through those channels quickly (which might interest those who like to buy good news). Example - istartnews article retweeted on Vmoblive feed http://istart.co.nz/nz-news-items/mi...first-agility/
No, we didn't get any of the 1cent placement recently. But through our research identified this opportunity last year and started accumulating, all the way down to .9 cents, and lots around the 1 cent price range.
There could be a number of reasons the sell off occurred, 1 or more institutions that held the stock from the very early days may have got impatient, and as they had profit to take they did…. Another scenario could be a large investors life circumstances changed and he/she may have been forced to liquidate… Aforementioned comments only speculative, although we note Deutsche Bank have disappeared out of the Top 20.
As far as these mad hook-ups you mention go? As the notices state prior to Xmas, VML stated they had delayed finalizing of the placement for various reasons. One being they were in discussions with a strategic partner, if I recall correctly. Collins Asset Management & Tim Cook where as we now know part of the placement, with obvious skills the company must view as "Strategic". We note that HSBC has increased it holdings of late to approx 30mn, but consider they have done this on market? ACC also showed an increase after the placement was made so may have taken part?
As far as the Directors go, the commercial reality of the situation possibly was they needed to match the amount offered by NZTE (notice 5/12/14)(not suggesting it is equal to the full amount of the placement) as with the SP languishing at these levels they probably had the legal right to do the placement as such. Retail Investors had an opportunity to fill their boots at this level as Baa Baa pointed out previously, so we can hardly blame the Directors for doing so?
We are still Newbies, and welcome any opposing opinions, but please provide some facts that we can go and research if you are genuine?
DYOR
That's a shame that you missed out on the one cent placement. Do you feel at all hard done by that the directors who partook would have known about the pending McDonalds announcement?
As discussed in late-Jan/mid-Feb on this forum, the directors clearly stated that their actions would have constituted insider trading but for the transitional period in cl 8 of sch 1 of the Financial Markets Conduct Regulations 2014.
And there you were buying in at circa 2 cents while the directors you purport to love and cherish were topping up with info you didn't have... Ever heard of Stockholm Syndrome?
Go easy robbo, let Wallace D get his feet under table before you wake up the trolls and scare him away, he seems to have plenty to add to this thread, and besides, why can't you get over it already that's old tired and boring news. Sour grapes?
VML has doubled since then. If you owned it in a timely way like some of us, you'd be happy too. And there's plenty more upside to come I'm sure.
BAA
Hi Robbo, I think you need to let it go, where have I purported to love and Cherish the Directors…and indeed I wouldn't comment on whether I think all of the companies that some of the directors are involved in or have been involved in I would ever invest in, but let's stick to the Vmob story, business model, and potential market here.
As far as Stockholm Syndrome goes…..no prisoners here, just willing passengers!
DYOR
I've been waiting a long time for a VML bull to break it down for me where it's fair for directors to do that to the people who own the company that employs them :D
I thought Wallace D might be that bull.
They knew what they were doing - and as Wallace D's beloved Peter Lynch noted, '...insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'
Or in this case, '...because they knew the price would rise on seemingly good news and decided to give themselves a wonderful discount to the price paid by those mugs who bought on-market.'
I reckon VML will be at least 30 cents or even 50 cents one day ......even if they eventually end up on the scrap heap
Can you imagine what robbo would be saying if the directors HADN'T taken part in capital raising?
Fact: VML notice 15/9/14 Mike Carden buy's shares on 11/9/14, 2.6mn on Market @1.9, maybe he wasn't privy to the forthcoming 1 cent placement?
4/9/15 7,357,886 shares traded @ Vwap 1.89
5/9/15 3,625,000 shares traded @ Vwap 1.87 as example of preceding days activity.
I probably even sold some to him.
VML notice 30/1/15 Mike Carden listed as one of the recipients of the placement, good on him!
We have a good investment holding and a few for trading around the edges, if Mr Market get's ahead of it self. (how's that for disclosure)
I think it is worth contemplating that everyone is in this game to make money, trading or investing across all available equities, including the hard working Excecutives, Directors, employee's of any entity.
I wish you well with your strategies, you are obviously a very success person, and a long contributor on ST.
Wallace D. (Holding)
So which is it? Were you selling or buying at 1.9? I thought you mentioned earlier you were accumulating? Why would you be selling your shares if you saw so much potential in them?
http://www.sharetrader.co.nz/images/misc/quote_icon.png Originally Posted by Wallace D http://www.sharetrader.co.nz/images/...post-right.png
no we didn't get any of the 1cent placement recently. But through our research identified this opportunity last year and started accumulating, some @ 2 cents initially as it fell from 4.8cps, then all the way down to .9 cents, and lots around the 1 cent price range. We couldn't believe our good fortune, but were very surprised they were being sold off at this price.
Highest performing stock now:
Stock Name Year start price Current price Year change VML VMob Group $0.014 $0.024 71.43%XRO Xero $16.150 $24.470 51.52%PAY Pushpay Holdings $2.800 $3.950 41.07%PPL Pumpkin Patch $0.220 $0.285 29.55%BRL Bathurst Resources $0.030 $0.038 26.67%
They should do a chart for "Highest Performing Stock (for directors buying through would-be-but-for-insider-trading-transitional-period placement):"
VML - VMob Group - Placement start price: $0.01 - Current Price: $0.024 - Year change: 240%
Good to be a director of VML, you just beat the market 3.5 fold! Well done to directors!
Hi Axe, please read what I wrote, my focus now is investing/trading the ASX predominantly, but as I disclosed, we have a solid investment holding of VML shares, but will always trade a few when technical indicators suit. As you will see in the charts, the price got pushed down to 1 cent again sometime after that? and yes I bought some more, isn't that what we do?
When others are selling, we are buying? as long as the story hasn't changed?
As Peter Lynch say's, if you can't convince yourself "When I'm down 25%, I'm a buyer", and banish forever the fatal thought "When I'm down 25%, I'm a seller" then you'll never make a decent profit in stocks.
To qualify this, DYOR extensively, as not all stocks are created equal, and I'm in no way telling people to buy this stock, just saying I have and am supporting those with like minds.
Another thing I have noticed observing lot's of the recent tech/biotech listings in NZ, is how a company can say " This is a 5 year plan"…..and everyone seems to expect it to happen in 1year????
Again presents great trading / investing opportunities.
Wallace D (Holding)
Hi Robbo24, re: #568
Good to be a shareholder who bought lot's at 1 cent on market…..while others kept bagging it???
Fact: as @ 23 Feb 15, Top 20 shareholders held 1,004,595,057 shares or 68.41%, some which probably acquired them @ 2.7cps in the placement / SPP at the end of 2013.
Fact: Snakk Trustee 12/6/13 96,343,109 annual report
30/7/14 96 343,109
23/2/15 96,343,109
This is Moosie's Sorenson mate, I don't know the guy, but it doesn't look to me he has sold any (can't see who received any options issued), or received any of the aforementioned mad hook-ups? Not commenting on his character, as again I don't know him.
I think we need to be forward looking now, and debate the merits of the business as it grows.
It's pretty darn good being a shareholder as well, without any of the responsibilities of a Director.
All that is needed for anyone bothering to do the research and tracking VMob's excellent progress, was to identify the divergence against the declining share price ... for many months.
You didn't need to be a seasoned share trader to spot that divergence, all you had to do was ignore the incessant Director knocking doomsayers and be patient for the entry price and accumulation opportunities. If you did, you're in alongside the cornerstone shareholders and that is a rare opportunity. In fact the current price is still a cheap entry imho.
Still accumulating, still holding, and will continue to do so. One day I might even have enough to "trade a few around the fringes", if I haven't already retired rich.
BAA
You must've been reading a while to remember Moosie and his spat with Sorehead. People come and go and make new account names all the time, I wonder who you are?
VML is probably very cheap in terms of an ASX listing. I was in pre-pre-IPO with ASX:MJP and thought a ten-bagger was a far away fantasy - look how that turned out. MJP ended up being $1bn NZD company for the better part of an afternoon.
ASX:PYL another example.
VML on the ASX is, in my view, going to have sufficient hype to give it the 20-30 cents (at today's pre-consolidation numbers) referred to by winner69. VML the ten bagger - what fun.
On the flip side, though, Plus SMS.
I assure you I have never been on Sharetrader before, and yes I have been watching for just under 2 years, which is the amount of time we have been participating in the Markets, I will look up the ASX companies you refer to, as a history lesson, Thanx.
As far as changing names, can't see the need myself?
WD
Something odd with the attachment, I'll repost it now.
Even the long haulers will observe the 50EMA crossing up through the 200EMA - the Golden Cross. If for example you only traded in or out when the 50/200 cross, you'd be doing just fine. The latest cross was Feb 24 around $0.014.
Attachment 7223
Daily price chart, showing only the 50 & 200 EMA's. The vertical line is VML's listing date.
BAA
The problem with Moosies old criticism is that Scott Bradley owns about 30% of the company, and has executive control. The 'dodgy' shareholders only hold around 4-6% each. They don't determine the direction of the company. It's Scott's company, they are just the unfortunate remains of the shell. But hey, I guess those of us with average holdings under 2c are feeling pretty positive for the moment. Green tinted glasses.
Wonder if VMob were at SXSW Interactive in Texas last week.
That's where tech and influencers and marketers meet up once a year
Apparently Meerkat was the hot new thing
I read this when he posted it, most of it irrelevant as it refers to the history of the shell company, as far as Sorenson, Joyce etc, 1) clearly they haven't sold out of VML to my knowledge, even they might pick a winner occasionally, DYOR, 2) As Sommelier points out Scott Bradley doesn't appear in any of the references to Velo's previous incarnations, 3) As you pointed out above Phil Norman may be the one shining light, but I think you will find if you do some research, Vmob has attracted an increasing array of industry experts, to take this so called penny dreadful to the next level, but hey what ever you do don't buy any…...
I actually think you are trying to bury all the recent considered discussion, with this somewhat dubious collection of ……….especially the last few lines!
Keep posting Robbo24, I'll keep responding the best I can, and together we will keep VML top of mind won't we……thanx for your assistance is this matter.
WD
Wow I am impressed at the discussion around VMoB at present. I very much appreciate the input of Wallace D. There are a few of us who appear to have undertaken in various forms the research that should happen. I am definitely no any financial analyst so I look to this post for the information and look to advice from my share broker. I have seen nothing to date that suggests that VMob is not a company on the rise. VMob are doing business with some of the biggest brands on the planet and the potential in these accounts over time is substantial, provided they do a good job on execution. I have no reason to think they will not do a good job.
I am excited about the ASX dual listing. For several reasons, but one is that they will be exposed to a much wider and larger market and must be looking for some substantial revenue to support a dual listing. That is 100% my speculative view and reading between the lines of the announcement last week. As an existing shareholder I am hoping that we will be given the opportunity to purchase shares as an existing shareholder.
Looks like 2.4c is about to be taken out, exciting times ahead, no reason to be bearish on this stock anymore. I like how they provide the market with regular updates unlike a lot of other companies
Very encouraging close at the spike high $0.024 from recent news about the Global McDonalds signing in January. Even more encouraging is the Sell queue now wafer-thin in the 0.02's and a backlog forming in the 0.04's. As people start sensing what VML could be worth, it might be tough getting them to let go, particularly prior to the full year announcements and all the other good stuff that the Roadmap outlines.
:cool: BAA
https://www.stocktastic.co.nz/rankings And 9 out of the top 10 picked VML, a dreadful penny with crooked principals. What were we thinking! Hey Harvey, remember us lamenting the price had jumped from 0.011 to 0.014 when comp started.
;)
Hi Baa Baa,
You may find the NZX screen you are using is 20min delayed, not sure about ASB, when I investigated setting up, ANZ was substantially more appealing, you might want to investigate switching, and look into setting up an OMCA (online multi currency account, so any trades you buy and sell can be into AUD if trading the ASX, which saves on exchange rate conversions.), you can also park money in about 5 currencies, if you wish to take advantage of our high dollar from time to time, obviously DYOR.
I look forward to the next few months! SP will obviously oscillate over the coming months as people get their head around this company, will be interesting though.
Cheers, WD
I won't rant about them being incompetent, but when you load your ASB Securities watchlist, what you are seeing is 20 minutes delayed.
IF you click the "Update/refresh market data" icon (a little circular refresh arrow thingie near the top right)... it will suddenly load the LIVE prices. If you go back to the watchlist, you are 20 minutes delayed again.
IF you go into a particular stock, you will see live prices (whatever screen be it summary/depth etc).
A bit of a trick there -- quite frankly I think it's ridiculous, but I think a lot of things are ridiculous.
But yes wow, the price could jump suddenly couldn't it, as no one would sell and everyone wants to buy. Imagine another big deal being signed tomorrow.
Thanks klid, I have figured out the stupid 'features' on ASB Sec, I was looking at depth which was live, but the 0.025's all went through at 4:59 after my post at 4:39. How does that happen? Who can buy and sell an hour after market close, and who would considering a paltry $10k was traded?
No trade time price Vol 1 33 4:59:39 PM 2.5 9,740 $244 2 32 4:59:39 PM 2.5 360,185 $9,005 3 31 4:59:39 PM 2.5 48,815 $1,220 4 30 4:40:28 PM 2.4 93,500 $2,244 5 29 4:27:31 PM 2.4 260,000 $6,240 6 28 4:03:52 PM 2.4 30,000 $720
Cheers WD, I've looked into ANZ Sec but haven't moved, yet.
Have you changed your clock for daylight savings time?
I looked at signing up to ANZ but honestly the amount of references required etc put me right off. Surprised they weren't asking for a blood test...
I'm getting dejavu with the VML share price, as in I'm having flashbacks to when I first bought DIL shares at 6c, 5 years ago before it shot up to $8...