Venteco Share Discussion Threads

[muxdapanza] 18/4/2007 07:51

Anyone had any indication of price to buy this morning?

[don muang] 18/4/2007 07:48

yeep, spreads wide ..... so no 'day trading' in this stock - it's a buy and hold - so RNS this morning is good news for existing holders. 'Nice' to see it presently on advfn fron page as being at #3 on 'leaders board'.....

[lord santafe] 18/4/2007 07:45

Surely not worth paying 2p to make a quick buck today?.

[don muang] 18/4/2007 07:21

at last .... an RNS announcing a contract order ......

[spaceparallax] 30/3/2007 09:00

Considering the infancy of the Company, I'm very pleased with the results. Yes, the losses for 2006 are greater than for 2005, but there are sensible justifications for the extra costs and the delay to delivery of the updated cryonite dispenser, although frustrating, is reported to be resolved. I was pleasantly surprised to see the cash in hand, although I suspect that is now spent on the two subsequent acquisitions earlier this year.

Hopefully, we'll receive a TS for 2007 before too long to provide a picture of further CTS progress together with news of how the other acquisitions are bedding in.

Overall, I'm very pleased and hope to see VTO press ahead with the organic development of these products, with progress towards profitability, prior to indulging in further acquisitions that might introduce untoward cash flow issues. I'd be very surprised if we don't see a positive media and Market reaction over the coming weeks, hopefully lifting the share price above 2p again.

[don muang] 30/3/2007 07:53

well, they're out .... can't see anything unexpected eitherway...

[spaceparallax] 29/3/2007 20:13

I sent an email to our illustrious CEO around close asking when results could be expected. Will pass on any feedback.

[don muang] 28/3/2007 12:19

agreed ..... bet the couple weren't on their honeymoon .... otherwise they wouldn't have been concerned by the bugs ...

[spaceparallax] 28/3/2007 11:40

The litigation society normally drives me mad; on this occasion, however, I'm willing to embrace it.

[don muang] 28/3/2007 11:16

..... frozen (just like the bed bugs) .....

PS: can't remember which hotel .... but was mention of one American couple recently who stayed in one 5-star London hotel suing the establishment for seven figure sum due to mental trauma caused by bed bugs ....

[spaceparallax] 28/3/2007 11:11

Come on VTO - where are the numbers?

[spaceparallax] 26/3/2007 16:41

On the matter of news, I quote from the VTO website...

"First financial report for the full year 2006 will be released during 1st quarter of 2007"

Hmmm by my reckoning, that means that we should have it in the next four days.

[spaceparallax] 26/3/2007 14:34

Jon,

Thanks for describing me as a large trade. I'm optimistic about the future for reasons outlined previously, but it's probably worthwhile summarising a few key points:-

VTO are not a big cash burner i.e. they used funds to acquire youngish companies that have established a market using proven processes or products.

VTO are forming alliances to enable substantial broader geographical marketplace.

VTO were able to offer their own shares as a substantial part of the consideration for each acquisition - I can't recall all the figures, but do remember that in the most recent acq, the shares were included at a price of 3.25p per share (almost 3 times the current SP).

Although the VTO portfolio comprises systems that are leading edge, they are highly marketable, focussing particularly upon their ability to provide maximum impact in pest control with least detriment upon the environment within which they are used.

The VTO portfolio offers perennial applicability and should not be subject to fad or fashion.



I'm sure there are some other plus points and no doubt a number of downsides, but it's the above that I consider most important

[flashheart] 26/3/2007 12:07

I understand what you are saying and didn't mean to imply this situation was intentional. Its just unfortunate that the buy/sell info is sometimes not displayed accurately i.e in this case a buy not displayed as it should - as a buy.

[jonwig] 26/3/2007 12:02

flashheart, no it's not misrepresentation.

The LSE don't declare trades as buys or sells. ADVFN (and other similar) have a bit of software which simply checks whether a trade is above, equal to, or below the current mid-price and marks it B, S or ? respectively.

This means that a large trade which is reported with a delay can show up wrongly. It's usually easy to spot these.

Since the current quote is 1.25 - 1.3, S-P has been able to buy below mid-price. That might signal that there's a bit of an overhang, I don't know.

[flashheart] 26/3/2007 11:55

Your 100k showing as a sell on advfn though. Ridiculous misrepresentation.

[flashheart] 26/3/2007 11:53

Well done space - nice price. Thought I did well a couple of days back but like you I guess that once a few figures are on the table then the recovery could be very considerable.

[spaceparallax] 26/3/2007 11:50

Just picked up another 100K @ 1.255p. Once we see some figures, the SP's likely to recover significantly.

[spaceparallax] 23/3/2007 14:07

You're probably right - that's life, but it sure stinks.

[jonwig] 23/3/2007 13:39

SP.

Thanks for your reply.

DRM - I exited around 16.5p last year after results which were short on the required detail (ie. of sales since the reverse takeover). I asked myself the question why they didn't provide these.
I'm pretty certain I posted that I was out.

Although I haven't followed DRM closely, I see the share price movement and suspect some people are privy to information which is closed to the ordinary PI.

[spaceparallax] 23/3/2007 12:30

Jon,

Entirely understand your reticence - hopefully, we'll soon see our maiden details.

I'm heavily on board now and am committed to the long-term because I am sold on the product viability. Also, I feel that VTO have been very shrewd in buying up established companies with proven processes - so often, we see fledglings with tremendous ideas and yet the ferocious cash-burn of developing those ideas to commercial viability is what strangles them in infancy.

Looking forward to the first figures, which will no doubt show a loss, but will hopefully provide a clear picture of operational status and revenue.

O/T, can't remember whether you're into Dermasalve (DRM), but they are looking dodgy at the moment because of the matter outlined above - very frustrating because their product portfolio looks good.

[jonwig] 22/3/2007 16:44

Well, SP, I have the cash, but am very wary since there's been no balance sheet, cashflow or revenue account published for VTO.

The product looks interesting, and they may well be generating sales. Although they haven't said, some results should appear in the next few weeks.

[spaceparallax] 22/3/2007 16:39

Bargain time again for anyone with the cash.

[spaceparallax] 19/3/2007 14:00

Indeed it will.

[flashheart] 19/3/2007 13:47

It was the 50k space - will be interesting to see at the next results how earnings enhancing the recent acquisitions have been, not to mention the possibilities of further short term contract wins.