Probably borrowed it off Mr Sorensen you reckon? Your boredom may be better channelled into leveraging your vast experience to inform and educate people, rather than diminishing your reputation by these sorts of vacuous posts.
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Both companies shareprice is down 60-70% since November 2013? That's another comparison. Both backdoor listed. Both involving vulture capital. Both companies just an NZ version of hundreds of companies offerings elsewhere. Both companies pay shareholder wealth to run silly blogs that no customers even read anyway :D
Both companies may be ripe for the next big backdoor listing soon :D
These tired worn out criticisms diminish your otherwise astute contributions elsewhere on ST. Banging the worn out drum of wafer thin comparisons is a bit ho hum by now.
- Shareprice - no relevance
- Companies - no comparison, no relevance
- Backdoor listing - irrelevant
- Vulture capital - not sure what that even means, emotive irrelevance
- Websites - assumptive, also irrelevant
So you think VMob is going out of business as well, vulnerable to a back door? That's a long bow to draw, even for you. Perhaps you missed the 1600% increase in revenue over FY14? Or the 33% increase in revenue in Q4 alone? Or the signing of global contracts? Or rolling out in Europe, Asia, Australia and North America. Or upcoming listing on the ASX? Or an excellent product, in the right place at the right time? Or an association with Microsoft who are promoting VMob globally to the retail sector? Or stunning business outcomes from retailers who are already using their products?
That's success robbo, and still just the beginning.
http://en.m.wikipedia.org/wiki/Vulture_capitalist
They'll be in waiting for the next iteration of this shell company. They're still holding this one.
1600% is all relative to the base number. Anyway, I see they didn't trumpet their increase in expenses and loss in their failed attempt at a hype announcement on Thursday.
What will they wow the market with before the IPO* now?
Another long bow robbo. Referring to history doesn't reflect the present. VMob is neither a shell, nor distressed, so the venture capital that got it started is more than likely to be elated at the ROI already, let alone the potential for their investment. Getting VMob listed in such a cost effective manner and taking a position as a foundation investor seems an astute move. Well done them! It's also great to be invested at a small premium to those foundation investors, and that opportunity hasn't gone away, well not completely, yet
1600% revenue growth may be off a small base. Let's use real numbers then. $3.4million ACMR from next to nothing, 33% ACMR growth in the last three months of FY15. I'm sure VMob are as delighted as I am, perhaps more so.
The expenses will be illuminated as you know in the FY15 results that will be released in June, which you also know. The WOW that you refer to is pretty obvious, they will elaborate on signed contracts, conversion of prospects from the NRF, progress rolling out existing customers and perhaps an insight into the 3 months ACMR growth that will have accrued since the actual FY15 closed.
It'll be awesome I'm certain of that, because there's plenty of great things happening at VMob and it's even better being in at the beginning of that success.
Thanks for finding the time to reply Wallace.
I don't know where you get this 'legend' / 'guru' stuff from. I am the cat's whiskers anyway. For some reason you keep calling yourself a 'newbie' but post more like a 'pro'
I have done my homework. (eg ....why don't you go look at the the 6mth NZX 50 comparison Charts for all of the NZX 50 companies……and let me know what you think of those? Bear Market started about the 1st week of February 2015 I reckon…..you read it here first!)
Wouldn't say a bear market (whatever they are anyway) started early Feb. If a bear market is when most prices are declining then maybe mid-March was the start. Must be contagious as the bear (if he is growling) has visited the NZAX as well with several stocks down quite a lot in that period.
Wallace, I am no more a legend (and far too modest ever to suggest it) than you are a 'Member'
Did I get a pass for my homework
The best part is that Wallace, in his recent posts, appears convinced that the Vmob share price is affected by winner69 and robbo24 (and others) posting on a forum.
Hate to say it Wallace the Member but in this case art imitates life. In other words, I am merely saying what the market seems to be thinking. The market isn't doing what I'm saying :D
I found this article quite interesting
Fun and games in the retail space
http://www.marketingmagazine.co.uk/a...beacon-hacking
NZX50 doesn't look that bad off to me. Sad panda it's riding the lower bolly band at the moment but that RSI and stochastic suggest there is at least a bounce coming :D An escalator up/elevator down fail of the SMA200 might be a bit worrisome but hey therein lies value. Would be folly to be hoovering up just about anything at current prices if you truly believe equity markets are going to flop.
It's a shame VML will never be a constituent of the NZX50 - it would surely bring the bulls back to the index. :D
Strangely I tend to agree with some of what you say robbo, zooming in on exactly the same chart http://bigcharts.marketwatch.com/adv...false&state=11 you can see that the NZX50 has fallen below the bollinger which usually lasts only a few days before a reversal (up this time), which it started friday.
It's just silly to reverse the maxim of riding the staircase up and the elevator down, so not sure what you're trying to say there, are you just being contrite perhaps? The drop below the 50sma is only mildly concerning (I'd use an ema), though if it did go to the 200(ema) then that's more of a worry.
So the point that we might agree is that it's a shame VML isn't going to upshift to the NZX as that would bring attention to the company as it surely will with the ASX listing. Not quite sure what they're thinking there, except perhaps that even an NZX listing doesn't begin to approach the liquidity of an ASX listing. Do you thing they will move to the NZX in time? It would help the traders like you, having a lot more volume moving through. Or maybe you'd just move your attention to the ASX and not be concerned one way or the other about VML on the NZX?
Interested to hear how you see this from a traders perspective.
To aid your understanding: http://en.wikipedia.org/wiki/Escalator
Getting into some tech stuff, this will likely bore the socks of people, but if you are at all interested in why Beacons aren't the bogey man, here's some material.
6 Myths around Beacon Security and Privacy http://blog.beaconstac.com/6-myths-a...y-and-privacy/
- Myth 1: Beacons deliver contextual offers
- Myth 2: Any beacon can be hacked easily
- Myth 3: Beacons can collect information about users without their permission
- Myth 4: UUID is used to protect valuable resources or assets
- Myth 5: Beacons have access to information on latitude and longitude
- Myth 6: Beacons allow mobile devices to learn about other nearby devices
If you're still interested, dive into some more details:
iBeacon basics - How to iBeacons even work? http://blog.twocanoes.com/post/87202...-basics-how-do
iBeacon Privacy and Security http://blog.twocanoes.com/post/87320...on-privacy-and