Hi chance - yes. I think they have even commented on this?
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Been there , done that. Very weary of companies that have too many shares on issue.
Lets say a consolidation of 100:1. ANy guesses of the shareprice after the consolidation? I know not $3.80 but more likely $2.00. Like Scottman said, been there done that.
VMob Group Ltd Interim half year results 2013
11:59am, 15 Nov 2013 | HALFYR
15 November 2013
VMOB GROUP LIMITED (VML)
Results for announcement to the market
Reporting Period 6 months to 30 September 2013
Previous Reporting Period 6 months to 30 September 2012
Amount (000’s) Percentage change
Revenue from ordinary continuing activities NZ$162 +125%
Profit (loss) from continuing activities after tax attributable to security holders NZ$(738) -25%
Profit (loss) from discontinuing activities after tax attributable to security holders NZ$0 N/a
Net profit (loss) attributable to security holders NZ$(738) -25%
Interim/Final Dividend
Amount per security Nil
Imputed amount per security Nil
Record Date N/A
Dividend Payment Date N/A
Mark Talbot
Chief Financial Officer
+64 21 375 830
Attachments
Moosie ,you were warned only days ago about playing fast and loose with people's reputations. Vml's release is short on detail but does have revenue figures (up 125%) and this would not include the new Telecom deal. Snakk's last release was all hype and no substance, so I'm a little unconvinced (to say the least ) by your rationale.
Discl: Hold both SNK & VML at tidy profit
Well they just raised $4m at a premium to the then market price so I assume some think it is worth a bit. The price overshot that 2.7c a bit too much (backed by the capital raise and the Telecom contract announcement) and is now dropping back as holders sell out knowing they can buy back into the SPP at 2.7c.
Disc: sitting on a small loss on a very small holding. Will decide on SPP closer to the time.
I too hold both, but to be honest the recent price pump allowed me to sell half of my VML holding, for more than I had paid for the entire holding, also making a small profit. Though in the last week I have wondered if that was the right thing to do, or should I have dumped the lot.
SNK on the other hand I have alot more confidence in, in some ways I think SNK got tarred with the VML/Sorenson Brush, without been given the chance to shine, and im hopeful their reports will show that my confidence is not mislaid.
Same - I have a modest holding - but the McDonald's Netherlands deal demonstrates (Not proves) that there is considerable potential especially if McDonald's Europe decides to roll out into other countries in Europe. And thet must be under consideration. Then add into the mix the Telecom contract (yes scant on detail) and the interest of institutions and just I am thinking that just maybe this company is on the verge of striking something substantial.
Well I so so.
From what I understand McDonalds operates a seperate structure for each country, but also McDonalds operates in three regions (America, Europe and Asia) What happens within each region is of interest and often rolled out within that region. They use the small to medium countries within the region to trial initiatives. If something is successful (as we have been led to believe) then it seems very plausible that such an application would certainly have the attention of the other related companies of the McDonalds Region.
Well I hope that is the case - but I have not bet the house on that.
So just to clarify - the SPP is open to shareholders as at 27th November?? That wasn't a typo?? I assumed they meant 27th October - however havent seen any correction....
So it looks like its drifting back to its 2c region again.
Quite right moosie which makes it a tad scary.some one did mention Plus SMS on here i noticed.