A very good set of questions in response. I have some others I would ask too:
(1) What else do you know that I do not know? Good and bad?
Printable View
The difficulty here is the lack of transparency of the contracts. This may be for valid commercial reasons or not but it makes any sort of valuation here impossible.
To compare with XRO, they can announce the number of paying customers and revenue. The value of each XRO customer can easily be evaluated by going to their website and seeing that it costs maybe $30 per month to be a customer. Lots of customers, each paying a low amount. Highly transparent revenue model for someone outside the tent.
VML is completely different. Small number of customers. Just a couple of dozen, isn't it? Contracts are secret so we don't know what they are charging, what sort of volume of transaction each contract is worth, what it costs VML to fulfil their obligations. Nothing. Also losing or gaining a large customer could be a big deal but we've got no deals.
VML could announce a contract tomorrow with Visa and notify NZX of price sensitive information. But it could just be VML issuing company credit cards to all their staff. Or it could be worth $1 million per month. We've got no way of knowing.
Even some transparency around the value of the capital raising would be useful. Is it even related to the current SP? Or just the amount of money sitting the directors' bank accounts divided by the number of shares they want to issue?
Having the one big contract McD's is holding the value down, high risk if they lose it etc etc, another 2-3 contracts the same size and suddenly you have a diversity of incoming revenue and a trend.
No doubt at that point robbo will complain that they knew these where in the pipeline but didn't disclose it.... of course they know what meetings they are in, sales presentations etc etc so do their staff who have access to 34mil options at a pre consolidation strike price of 1.8c... not very motivational if you think this is puppy will still be at 1.8c in 24 months aye...
By then VML will be much higher, alternatively they don't deliver and loose McDs and VML will be much lower , place your bets... the combined 48 million shares the insiders purchased last placement would have been an inward flow of around $480k from the three insiders I linked above.
VMOB have to execute, Robbo will sell doubt on this issue as he can't short he can only buy lower.... he has , I believe, been long before, strange for one who hates the company directors actions so strongly
I checked my portfolio this morning and it said I had made $112,000 on Vml, It appears my shares haven't been exchanged 25/1. Is it the same for everyone else?
Robbo. You have to understand this time it's actually different.
I mean look at the quality of people VMOB have and then you can see their synonymous with successful listings in the markets.
Highlights include
Jasons Travel Media, New Zealand Finance Holdings, Plus SMS, Aquaria 21 to name a few.
http://www2.vmob.co/company/our-people/
Sean Joyce
Non Executive Director
Sean holds a BA/LLB (Hons) degree from Auckland University and is the principal of Sean Joyce – Corporate Counsel, an Auckland based corporate law firm.
http://www.seanjoyce.co.nz/Capital_Markets.html
Listing of shakk Media Limited on the NZAX
• Listing of Delegat’s Group Limited on NZSX
• Listing of Jasons Travel Media Limited on NZAX
• Listing of Eastern Hi Fi Group Limited on NZAX
• Listing of New Zealand Finance Holdings Limited on NZSX
• Listing of Dominion Finance Holdings Limited on NZSX
• Listing of Zintel Group Limited on NZAX
• Software of Excellence International Limited – pre IPO placement, IPO and NZX listing
• National Mail New Zealand Limited – pre IPO convertible note placement, IPO and NZX listing
• Numerous rights issues of debt and equity securities for listed issuers
Debt Securities and Listings
• Issue of Kauri Notes by Savings & Loans Securities Limited – a “re-pack” of an international hedge fund security issued by Merrill Lynch International
• Listing of Capital Notes issued by Dominion Finance Holdings Limited on the NZDX
• Rights Issue for Mandatory Convertible Notes in Software of Excellence International Limited
• Listing of Capital Notes issued by Delegat’s Group Limited on NZDX
• Prospectus issues for debt securities, life insurance, superannuation schemes and unit trusts for numerous issuers including ASB Bank Limited and Sovereign Assurance Company Limited
• Issue of Debenture Stock by New Zealand Finance Limited
• Issue of Debenture Stock by Numeria Finance Limited
• Issue of Debenture Stock by Dominion Finance Group Limited
• Issue of Debenture Stock by North South Finance Limited
• Issue of Debenture Stock by Finance Direct Limited
NZX and NZAX Reverse Listings
• Reverse listing of SeaDragon Marine Oils into Claridge Capital Limited on the NZSX
• Reverse listing of VMob Limited into Velo Capital Limited on the NZAX
• Reverse Listing of RIS Group Limited into Holly Springs Investments Limited on the NZAX
• Reverse listing of Orion Minerals Group Limited into RLV No 3 Limited on the NZAX
• Reverse listing of ICP Bio Limited into Australian Property Holdings Group Limited on the NZX
• Reverse listing of Charlies Trading Company Limited into Spectrum Resources Limited on the NZX
• Reverse listing of Plus SMS Holdings Limited into RetailX Limited on the NZAX
• Reverse listing of New Image International Limited into Selector Group Limited, a company listed on NZX
• Reverse listing of Media Technology Group Limited into Strathmore Group Limited on the NZX
• Reverse takeover and listing of Queen Charlotte Holdings Limited by Aquaria 21 on the NZX
• Reverse takeover and listing of AQL Holdings Limited by Organic Interceptor on the NZX
• Reverse takeover and listing of Strathmore Group Limited on the NZX
• Reverse takeover and listing of Fever Pitch International Limited by Kidicorp Group Limited on the NZAX
Silly me - I have learned the following things from my mistake:
- Wear your reverse listing participation as a badge of pride (even if the reverse listings are the same shells over, and over, and over, and over). The dank, horrid taint of association with failure cannot last forever.
- Even in the face of death, the FMA will still be chasing companies you were involved in. Purgatory never got so litigious.
- Plus SMS is a highlight.
- For all your issuer needs, Let's Ask Seano.
:D
US Sales Director https://www.nzx.com/companies/VML/announcements/260371 exit?
Did I see NZF in that list
http://www.sharechat.co.nz/article/e...ting-failshtml
What uncannily good timing that my post was made at exactly the same time (11:37am) as this announcement.
Let's Ask Seano (chair of NZF) if this will give him more or less time to deal with the bubbling powderkeg of growth that is VML.
VMob Live in Japan https://www.nzx.com/companies/VML/announcements/264148
I assume this is the latest version?:
https://play.google.com/store/apps/d....android&hl=en
Found this interesting article:
http://www.wsj.com/articles/mcdonald...als-1429171962
"A set of “customer-focused” initiatives will include a new loyalty program with coupons and a mobile app to gather real-time customer feedback." If VMob help them turn around the business this will be a very valuable company.