||Engaged in agriculture, forestry and investment in real estate.
||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Real-Time news about Velti (London Stock Exchange): 0 recent articles
|dropside: At £1.6m cap it is very cheap, but the liabilities make this high risk. However there are still deals to be done - with Kenya direct or through arbitration; Seychelles and L9. Compensation from Kenya could be rolled onto the liabilities and Seychelles (once settled) and potentially L9 could be farmed down. The intellectual property (3D seismic etc) on 3A and B could be sold. In time the Glencore deal and Witkop could be worth something. Just can't imagine Passin is throwing the towel in while discoveries are being made near 3A and Seychelles is looking promising.
It would certainly help of course if they communicated properly with shareholders, no doubt that has damaged the share price.
On the principle of buy when there blood on the streets I've added some more. Its very high risk but potentially high reward. Definitely no advice intended!|
|dropside: £3.1m market cap. Even if they lose 3A and 3B licenses, the other licenses are worth more than that. Plus the old Tunisia agreement and Witkop.
Now looking well oversold, but they are not helping themselves with their Trappist monk communications. James Passin may own most of the company but surely he cares about the share price, it affects the value of his Firebird fund for one thing. A few pounds spent on an RNS, even if it does not say much, would bring us more up to date than keep re-reading Februarys news.|
|dropside: LOL! Very happy to have VEL as my biggest holding thank you :-)
So trading has gone back a day, I hadn't noticed that. I still have FLOR shares in both broker accounts, not VEL as yet.
I'm quite pleased how the VEL price has held up given the placing going on over there.
Honestly speaking I would like to see a farm-in partner on these wells to spread the risk, however I am very excited about what we will discover- I note Africa Oil's recent hit rate in Kenya, every one has come up good.
Afren too have high hopes of the Seychelles prospects (which we will also farm-down) so there is plenty to go at, and L9 too.|
|johnyee 7: but it says they will cease trading on aim in april,confused, I am.
Last summer, Moukas and Kaskavelis, chief executive and chief operating officer respectively, said they planned to list on America's Nasdaq technology market.
The new shares finally started trading on January 27. US investors snapped them up and the London share price rose in parallel. Now Velti plans to cancel its Aim membership and shares will cease trading here some time in April.
Existing investors have two options. They can either transfer their shares to America or sell them in the market.
Midas verdict: Swapping British shares for US ones is a logistical headache. Velti shares may continue to do well but investors who bought at 150p have been richly rewarded and are advised to sell now and put the money into something more accessible.|
|davidosh: and it looks like tens and tens of sellers to me !!? Still only 300 bought but 150k sold or am I mis reading something here ? Share price is down now so very pleased I sold anyway.|
|matt123d: Just a basic calculation of the percentage movement of the last breakout. Remarkable how many traders watch levels like that so will be a potential area of supply.
Can see £10 here at some point though.
Take a look at BGO also, same sector and share price also performing well.|
|rgg: Appreciate the comment about future growth in this sector -that's why I was interested in the first place.With the price sub £2 an undemanding PE and profit generation- looked a decent bet at that price entry point.The google purchase of admob certainly gives acquisition hope but in this economic climate buyers will analyse thoroughly how solid the income and technology of the target company.
Nasdaq is a positive but recent tech issues have not gone particularly well and not sure it may be the exit strategy for some existing large investors.
However whilst pleased at the upward share movement it was quite noticeable that the shares moved BEFORE any RNS announcement.
If it can do that and go up private investors can get caught if the share price moves down quickly hence I am cautious -this needs to be now more than a sector play.
Have started to analyse available information but looking for others who have studied and done some diligence on this company to discuss and formulate a view.
*Looking for some more insight into the presentation of 08 and 09 accounts-which in my opinion looks confusing and manipulated.2008 'adjusted profit before tax rose by 58 per cent to 7.9 million (2007: 5.0 million).' 2009 accounts Net income before non controlling interest $6.264 2008 $(6,253) loss
*What danger the court case in the UK?
*What proportion of income has come from Greek government contracts in past years
*Anyone seen any news announcements of sizeable contract wins?|
|evaluate: Very little chat about this share.
Very odd given the rise in the share price.
Can't help thinking the Americans will take a lot more notice of the company.|
|eagle eye: Bookbrooker
Despite the share price rise of 35% over the past 2 weeks, the prospective PER is now around 10. This isn't vertigo, just an undervalued share price catching up with reality.|
|troc1958: Extract from Barclays website today:-
"Velti was in the first wave of mobile advertising companies to deliver marketing and technology for companies including mobile operators Vodafone and Orange, ad agencies, and brands including Coca Cola and Honda. With advertisers keen to find new ways of exploiting mobiles and a 2010 price-to-earnings ratio of almost six times, this looks like good value. Buy says the Independent".
I am surprised Velti share price did not move significantly after its excellent results yesterday. Maybe investors are still concerned about the growth of "Mobile Marketing" or firms related to mobile services. Some of you may recall the demise of "Monstermob", a mobile phone ringtone / games seller trading in China - totally reliant on subscriptions from mobile phone owners. Many investors were "burned" by this share, including myself!
Velti however is focussed on a totally different and diversified revenue stream, which is much lower risk.|
Velti share price data is direct from the London Stock Exchange