Value And Indexed Proper... Share Discussion Threads

[cottoner] 15/9/2015 15:06

Sanlam Securities Initiates Vipera With Buy Rating — Market Talk
September 15, 2015

0818 GMT Sanlam Securities initiates coverage of Vipera with a buy rating and 6p target price. Says this as an opportunity to invest in a business with a proven, value-added technology platform, squarely addressing the ongoing surge in mobile banking. “Recent M&A activity in the mobile payment space highlights Vipera’s potential strategic value to larger technology companies. New contract wins and additional partnerships are bound to enhance that attractiveness, in our view,” Sanlam said.

[little minx] 15/9/2015 13:36

Exactly Cottoner but looks like its up as headlines somewhere in the US so this afternoon might be interesting.

Edit on the DJ Newswires - ooops.

[cottoner] 15/9/2015 13:34

LM - I'm also surprised that this has not had more trades after today's update.


Revenue for H1 (end of June) - €2.63 million

From info given into today's statement.

Revenue for July 15 alone - ( €3.7 million - €2.63 million) = €1.07 million

Revenue for Aug 13 alone - ( €5.9 million - €3.7 million ) = €2.2 million +

Thus first 2 months of H2 , Revenue at least €3.27 million.

Revenue in first 2 months of H2 , at least 124% of H1.

'With the increasingly fast rate of growth experienced by the Company at the beginning of the H2, the Board looks to the end of the year with optimism'

Thus rate of increase in H2 expected to increase.

IMO the H2 revenue looks set to dwarf H1 revenue , and this before any further contracts are announced.

'Existing customers continue to engage the Company for further developments and enhancements to their service and we have created some exciting opportunities with new customers.'

'We have now developed a sales presence in France, Spain and the Nordics, and strengthened our UK presence. These are new territories where we are engaged in active negotiations for various services which include projects for products and services similar to those being supplied to the leading German Bank.'

[cottoner] 15/9/2015 13:09

For info - the 4p early trades were buys.

[johnma] 15/9/2015 12:55

"We are very pleased with the strong progress the company has made over the last six months. We have secured some significant contracts for major customers," said Chief Executive Marco Casartellin, naming Deutsche Bank AG (DBK.XE) in partnership with card company Mastercard Inc. (MA) and the Government Savings Bank of Thailand.Chairman Luciano Martucci said the company's full-year revenue will show an increase year-over-year.At 1030 GMT, Vipera shares were up 9.4% at 4.4 pence, valuing the company at GBP10 million ($15.4 million). Sanlam Securities analyst Amisha Chohan said the group is well placed to grow, providing an opportunity for investors.

[cyberbub] 15/9/2015 12:43

300k trade... our big seller seems to still be around... but they can only sell once...

[little minx] 15/9/2015 10:20

Also looks like there are not many shares around.

[little minx] 15/9/2015 10:08

I am so surprised this has not caught more pi's attention.

Amazing.

[cyberbub] 15/9/2015 09:27

Ah here come the buyers... The 4p early trades were sells...

[cyberbub] 15/9/2015 08:23

Odd leap in the share price on no trades... A decent buy being worked maybe?

[cottoner] 15/9/2015 07:44

Vipera CEO Marco Casartelli commented

'With the increasingly fast rate of growth experienced by the Company at the beginning of the H2, the Board looks to the end of the year with optimism.'

[cyberbub] 15/9/2015 07:36

I would think that the company must now be cash flow positive on a monthly basis?

[cottoner] 15/9/2015 07:35

H1 is in the past, more importantly H2 , 2015 full-year and into 2016 looks far better.

[johnma] 15/9/2015 07:33

At the end of August 2015 billed and committed 2015 revenues were in excess of the 2014 full year revenues, with four months of the financial year still to go.

[cyberbub] 15/9/2015 07:30

Yes, slightly disappointing on H1, but the narrative about accelerating revenues in the last few months is very encouraging. Of course there is the big Thailand win to add in also...

[cottoner] 15/9/2015 07:28

Revenues

The first half of 2015 has been one of significant progress for the Company despite revenues in the period, at €2.63 million, being marginally lower than in the equivalent period last year (H1 2014 €2.90 million). We continue to progress quickly, however, and unaudited management accounts at the end of July 2015 show revenues of €3.7 million - which is ahead of the equivalent period last year. At the end of August 2015 billed and committed 2015 revenues were in excess of the 2014 full year revenues, with four months of the financial year still to go.


In 2014 Vipera continued its growth with revenues increasing from €1.7M to €5.9M.


Thus revenues billed and committed for August alone was at least 5.9 - 3.7 = 2.2m Euros.

So , Revenues of over 1m Euros in July and then over 2m Euros in August ,that's some increase since the year end.

Fully year revenues for 2015 look likely to well above those (perhaps close to double if the next 4 months are anything like the previous two) of 2014.

[maccamcd] 15/9/2015 07:24

Deutsche, thats a great name in the announcement. Haven't seen that before!
need to take a better look at this stock now I think

[johnma] 15/9/2015 07:08

In May 2015, we announced the launch of a Mobile Card Control service to a leading German Bank; Deutsche Bank. This service, provided in partnership with MasterCard has enabled Deutsche Bank to offer its retail customers in Germany a dynamic range of card monitoring, transaction and management capabilities directly on their smartphones. This was our second launch in the German market.

[cyberbub] 11/9/2015 16:04

Results on Monday? Should be next week in any case...GLA NAI

[parsons] 09/9/2015 06:15

This looks to me like a good little company which is off the radar for now.

[cyberbub] 08/9/2015 16:52

Jeez, down 8% on a £1000 sell...'Illiquidity R Us'Roll on the results next week.

[okuta] 07/9/2015 11:50

Same nonsense with the spread today .....Bid 50k @ 4.00 - Offer 200k @ 4.7 , hmmm

[cyberbub] 03/9/2015 19:11

This is quite illiquid and the published spread varies significantly from the real spread. Looks like the 'net' sells today are only about 50k shares, but that was enough to tick it down a bit. Encouraging to see good buying volumes at close to full offer. GLA