Vela Technologies Share Discussion Threads

[daicaprice] 17/2/2017 14:48

Someone got mugged there @.1551p

DC

[daicaprice] 17/2/2017 13:16

Someone building a nice stake today after the bond issue.

DC

[keya5000] 15/2/2017 09:52

Callum you are right fella, please dont shout too loud about it mind.

[callumross] 15/2/2017 09:51

BTL closed at $2.20 last night. Unless my maths is wrong, that makes the BTL holding worth the entire market cap of VELA with everything else thrown in for nothing. Doesn't seem plausible, though, so probably my maths needs brushing up on!

[callumross] 14/2/2017 15:25

BTL Group up further in early trading to 2 dollars 11 cents

[callumross] 14/2/2017 12:41

Wow. BTL update shows value of VELA shareholding up £327k since last BTL update a month ago, equivalent to a 1/3rd of VELA market cap.

[daicaprice] 07/2/2017 16:54

The .161's were all sells, I checked for a quote lunchtime.

DC

[callumross] 07/2/2017 16:26

Maybe share price finally turning?

[callumross] 01/2/2017 11:21

I did raise my eyebrows at the effectively risk free return to Mr Scott. Given the double secured nature of the bond, a 10% coupon does seem a bit high too.

[callumross] 01/2/2017 09:39

"from those figures this is undervalued by at least 100% I'd say"

Why, daicaprice? I realise that there is a discount of around 60% to net assets here, and I have thought on occasion that this is too high and considered a purchase. However, many investment funds which are much more liquid than this one trade at half NAV. Your assertion that it is 100% undervalued implies that VELA should be trading near to asset value. Why should this be the case, especially given that they invest in unquoted, volatile and illiquid investments?

[daicaprice] 01/2/2017 09:16

Bond issue with guaranteed 10% over 3 years for a further investment in Portr, from those figures this is undervalued by at least 100% I'd say.

DC

[daicaprice] 18/1/2017 09:16

Looks like an early buyer that will show later.

DC

[lazygun] 17/1/2017 09:57

Problem for vela is the lack of visibility of the progress being made by their investments.

Airportr on the face of it sounds like it is getting considerable traction, but we likely won't know until September/October time when they have to file their annual accounts. Last year's accounts don't reflect the business that airportr have been doing during 2016, so it's difficult to really gauge how well they're progressing.

Btl is a little easier, since they're quoted, and actually, they seem to be doing rather well at the moment - already generating revenue,so eitheron track against their business plan,or even slightly ahead of it.

Their other business however, have much less visibility.

Anyone heard much about how vibe is getting along for instance?

I suppose the real catalyst for vela, is if either / both of Btl and airportr get bought out/ float, respectively....

L.

[daicaprice] 11/1/2017 10:51

2.5m dump at a loss, someone didn't like today's news!

DC

[jpuff] 11/1/2017 10:51

Never does any for the share price though!

[daicaprice] 11/1/2017 08:49

Further investment in Portr through issue of bonds, they certainly like Portr.

DC

[daicaprice] 03/1/2017 15:29

The 2nd tick up suggests we may have a delayed buy show up later.

DC

[daicaprice] 03/1/2017 12:06

Bit of interest this morning after the update, long may it continue.

DC

[daicaprice] 28/12/2016 15:58

Nice 1m buy under .15p

DC

[daicaprice] 23/12/2016 16:30

Excellent update, very positive for 2017.

DC

[coolen] 19/12/2016 21:58

Ianrossbus: Should your correspondence with the registrars still be unfruitful, I suggest you write to one of the non-executive directors, even the Chairman.

Explain your position, give him your present and former address and ask if he can verify your present shareholding.

You will receive an answer.

Armed with that response, then either go back to the registrars or come back here for guidance.

[daicaprice] 19/12/2016 16:24

Can now.

DC

[daicaprice] 19/12/2016 16:10

I assumed I could pick up under .15p, wasn't to be.

DC