Invu Share Discussion Threads

[shenks] 05/11/2013 01:24

Topinfo sucking innocent investors so that you can dump on them lol

[yump] 04/11/2013 23:37

Once a penny share pusher, always...

[topinfo] 04/11/2013 22:02

shenks you slagged REM off all day today on my thread and told holders they were going to have sore bottys 2moro. I have all your posts saved and I think you are going to look mighty stupid 2moro and you owe them all an apology, although I suspect you arent big enough to accept you got another one wrong, yet again.

Now watch INVU double from here.

[topinfo] 04/11/2013 18:37

INVU see mkt cap. Major shareholders and PIs voting against will not allow company to get 75% of votes it needs. And look at this and then check out mkt cap.

-- Net cash (cash net of borrowings) GBP1.2m (H1 2013: GBP0.6m)

Chief Executive's Statement

Financial Performance

I am pleased to report revenue growth together with improved profitability and cash flow.

The revenue growth, up by 6.5% to GBP1.36m, arises from a growth in software and related services revenue which in a large part is due to our invoice processing offering which was initially launched in April 2012.

The profit improvement, net profit up by 269% to GBP0.133m, arises from the revenue growth and continued improvements in the quality of the business.

The cash flow improvement results from the combination of improved adjusted EBITDA (earnings before interest, tax, depreciation, amortisation, share option expenses and exceptional costs) of GBP0.18m, (compared to GBP0.11m in H1 2013), and working capital cash generation of GBP0.36m.

[topinfo] 04/11/2013 18:37

Lol INVU mkt cap £450k vs £1.3 million cash after borrowing and then the business in for nowt too. I get that to around 0.77p per share in cash alone vs share price under 0.30p.

[shenks] 04/11/2013 17:24

TOPINFO is now promoting this share when he knows it is going to delist warn people

[poppa wobbler] 04/11/2013 10:10

Most of the shares sold on Friday might have ended up in Goldman's share holding. On the salary he pays himself, he will surely have the cash to hoover up all the available stock.

[graham1ty] 04/11/2013 09:05

Goldman ( and his Mum)owns most of the A shares. But relatively few of the Ords. Has he got 75% lined up ? It would only take one or two holders to block this. I also do not understand the 5% that the Board say they have, to vote for it. Surely woth Goldman's stake that is much higher

[graham1ty] 04/11/2013 09:02

Saw this before at LGT where we stopped the delisting. Claim that the share price sets too low a valuation on the Company. Announce delisting, share price halves. So this will have headlines "Invu delists at value of £1.6m", which will become the marker/guide price.

If the co was really going to be worth more as a non-listed company ( and they had persuaded us of that) then the price would go UP....it did not

[beangrinder] 01/11/2013 16:28

Smithie. Fair point about the A shares. They rank first of course but at nominal value so £3m is a prior distribution in a future sale. Value looks less tempting here now sadly. All IMHO.

[smithie6] 01/11/2013 14:57

"the A shares qualify ahead of the ordinary shareholders: for £3.05 million pounds. "

if that is true....then the A share holders probably forced this RNS
nett current assets is -ve ....and they wont like that

by avoiding AIM costs....they want to reduce their risk...and see higher chance of protecting their 3M

----

not for me
long term chart is not pretty
raised many millions of pounds.....to end up with little success.....does not invite investing imo......best to invest in something that has a good track record....

NBI floated at 100p..6-7 yrs ago...it is now expected to produce EPS ( after tax) of perhaps 32p...... 32% wrt issue price.....and if subtract divis paid....the nett cost of investing reduces from 100p...so the current % is even higher....that the sort of thing investors need...not stuff with a track record of going down....
Im not suggesting nbi.....just example to illustrate a point

[smithie6] 01/11/2013 14:51

cash balance ??

NETT current assets is.... -ve

dont ignore those liabilities

[beangrinder] 01/11/2013 11:57

The value of the company, ordinary and A shares : total 474m shares, is currently £1.66m buying at .35p. Per last results they had £1.2m in bank and cash inflow for last 12 months was about £600k. So IMHO I am happy to stick with it either listed or unlisted. Unless trading is getting very bad or the cash balance was artificially high it seems a cheap company to tuck away for a future sale at a much higher price.

[tiredoldbroker] 01/11/2013 11:21

I don't hold this stock because I looked at the last report & accounts. In any winding-up (eg a sale of the operating business and payout to shareholders) the A shares qualify ahead of the ordinary shareholders: for £3.05 million pounds. What the company seem to be saying is they are in a double bind, where they can't use their shares to make acquisitions, and they spend a lot of money on the AIM listing, which depresses the sale value of the business. So no exit strategy or acquisition option if they stay quoted.

The problem is, the A shares won't go away by dropping the listing. So I think the outlook for ordinary shareholders is too clouded to make an investment. Too easy to end up with nothing.

Just my opinion, I'm sure there are optimists out there with a different view.

[yump] 01/11/2013 10:35

They talk as if they want to adopt an acquisition strategy, as if they have larger unlisted companies in mind. At the same time talking about exit strategy. So not exactly committed to the former.

I reckon its putting the 'for sale' sign up.

[cliffpeat] 01/11/2013 09:11

tara7 - a buyer prepared to pay more than the current share price and who does not want the "benefit" of the listing.

If you are right it suggests a better deal for current shareholders.

[cliffpeat] 01/11/2013 09:09

Can't get quote through Hargreaves Lansdown on a SIPP account at the moment

[tara7] 01/11/2013 09:00

Not in here but the idea is no doubt to bring in a buyer for the company

[cliffpeat] 01/11/2013 08:56

The statement refers to the "exit" strategy which suggests that this is at least on the horizon and the Board think they would get more for the company if it was unlisted.

"The Directors believe that any potential exit strategy is also impaired by the lack of liquidity in the Company's shares as this has a negative impact on the Company's share price and hence market valuation, indicating a valuation to potential acquirers below that of privately held peers."

So it seems to have a medium term upside. And perhaps dividends in the future too, if cash is not required for acquisitions.

I read somewhere that the typical cost of maintaining an AIM listing was £300/400k - so net profits get a boost.

This might be a buying opportunity - but will wait to see informed comment.

[graham1ty] 01/11/2013 08:50

Looking quickly at the Annual report. It says the A shares have no vote at a general meeting.....hope that is true