Visual Defence Share Discussion Threads

[par12] 07/10/2008 10:54

No I think we are on a winner; once the market settles; I just been told by BLZ that they NEVER sold their shares;

But surely with that amount of shares VDI must know ? Do you think the company had shares that they did not have on the Market ? and the directors brought them up in return for cash ?

[rivaldo] 07/10/2008 10:00

The director buying is all we have to go on Par12. It's up to the dealing party to inform VDI if there's been a change in their position - if they haven't bothered to do so (which I know from experience happens a hell of a lot!), then it's not down to VDI to chase and find out so that they can issue an RNS.

Good contract news yesterday:



"Zurich Airport Accelerates and Simplifies Security Management With Visual Defence's 3C(TM) Solution

RICHMOND HILL, Canada, October 6 /PRNewswire/ -- Visual Defence Inc. (LSE: VDI), today announced that Unique (Flughafen Zurich AG) has extended the current license of their Visual Defence VMS (Virtual Matrix System) to the full 3C(TM) solution. The move to 3C(TM) will allow Unique (Flughafen Zurich AG), the operator of Zurich Airport, to connect and fully manage their intelligent video application, public announcement system and security control lines from a single command and control point.

Unique (Flughafen Zurich AG) will benefit tremendously from a simplified management process that will deliver an overall improvement in asset management and physical security safety functions. 3C's central management and control engine will serve as an administrator to all devices on the network and facilitate the connection of multiple security subsystems currently in place at the airport including several hundred analog and digital cameras, client systems and Ascom's "SmartVision" analytics system.

"The level of trust the management of Zurich Airport places in Visual Defence's 3C(TM) solution is rewarding", says Barry Tal, CEO, Visual Defence. "As a trusted partner we work hard to ensure that Zurich Airport is world class in the level of security it offers its passengers."

Unique (Flughafen Zurich AG) and Visual Defence have enjoyed a long and mutually beneficial relationship since the implementation of the VMS in 2004. Today, Visual Defence remains focused on building long-term relationships with clients while expanding their affiliation with key business partners."

[par12] 05/10/2008 16:50

I was given this link;



it highlights the FSA rule for disclosure; these rules indicate that NO large shareolders position has changed, i.e BLZ or others on the VDI list; otherwise they have to state their change in position. So where did they get those shares ??

rivaldo any views ?

[par12] 28/9/2008 21:24

Lets hope these guys will supply Video security to the london Olympics

[rivaldo] 24/9/2008 08:28

That makes around 25% of the company bought by directors in the last few days!

They've spent around £1m doing so.

If that's not a signal that the £5m m/cap is seriously underpowered I don't know what is.

Pec2004, no doubt the 4p purchase was an off-market transaction directly from a forced/desperate seller. Plenty of them around in this climate!

I remain confident that VDI will come very good.

[pec2004] 24/9/2008 07:51

Did the buy price ever go to 4p?

[hotfinance14] 24/9/2008 07:12

RNS Number : 1420E
Visual Defence Inc.
23 September 2008

Visual Defence Inc.

('Visual Defence' or the 'Company')




Director's Shareholding




The Company was informed on 23 September 2008 that Barry Tal, Chairman and Chief Executive Officer, purchased 1,204,226 common shares in the Company without nominal or par value ('Common Shares') (representing approximately 1.7 per cent. of the Company's issued common share capital) at a price of 4 pence per share on 23 September 2008. Following this acquisition, Mr Tal owns 38,888,693 Common Shares (representing approximately 55.05 per cent. of the Company's issued common share capital).




Additionally, the Company was informed that Non-Executive Director Betzalel Hershkoren, purchased 1,686,267 Common Shares (representing approximately 2.4 per cent. of the Company's issued common share capital) at a price of 6 pence per share on 23 September 2008. Following this acquisition, Mr Hershkoren owns 1,928,217 Common Shares (representing approximately 2.7 per cent. of the Company's issued common share capital).

[par12] 19/9/2008 20:42

And just to rub salt in our wounds !!

[rivaldo] 19/9/2008 15:28

Holdings RNS's are notoriously late or even never filed as the companies/institutions buying or selling the shares often never bother to send the notification through at all to the company concerned, or if they do it takes them weeks or months to do it. Don't hold your breath for an RNS (especially as there's no penalties for not operating within the declaration rules)!

[par12] 19/9/2008 14:57

Then if thats the case we will get some Holding RNS's, I could agree that BLZ sold out; Monday for update or they could be breaking rule !!

[rivaldo] 19/9/2008 14:55

PAR12, I think you'll find the CEO just bought around 20% of VDI, not 7% - that's why he's gone from 32.9% to 53.4%.

There are only 70.65m shares in issue and he bought 14.4m.

Judging by the shareholder list I'd guess he's bought BLZ's 12.6% plus maybe HSBC's 4.8% and some more from elsewhere.

Whatever, if he's happy to spend £860k on VDI shares that's a pretty good sign!

[par12] 19/9/2008 14:36

7 percent !!; IF those shares did not come from BLZ; It a crazy amount; IF they came off the market there prob only a few mil left in the market place !!.

Crazy; maybe you should email the company I have; but no reponse; But I have been very rude in the last few months :0)

[rivaldo] 19/9/2008 14:23

Immaculate timing PAR12. Looks like the director buying and fundamentals were enough to persuade someone to buy 25k - and that was enough for a 0.5p price rise.

[par12] 19/9/2008 14:15

How can NO ONE is interested in this share, Does no one follow the CEO's dream :0(

[rivaldo] 19/9/2008 09:54

News:



"Visual Defence Revolutionizes Access Control and Camera Management Systems

Sep 15 08:00 AM US/Eastern

RICHMOND HILL, ON, Sept. 15 /PRNewswire/ - Visual Defence Inc. (LSE: VDI), will be unveiling Door Management System (DMS) and mTouch, two new additions to their solutions offering, at ASIS International 2008.

The Door Management System (DMS) is a state of the art access control system offering unparalleled functionality and application expandability. It integrates full video, audio, analytics and access control into a single device which minimizes the costs of installation and configuration.

mTouch, the revolutionary new touch screen control unit is an integrated CCTV surveillance camera management system designed for ease of use in various environments. Currently, Stockholm Public Transport (SL) uses mTouch to aid their operators monitor activity onboard their rail transit. The user friendly integrated display and touch button control device features secure login functionality, simultaneous control of up to 64 cameras, custom event triggers, analytics, built-in safeguards and a variety of customizable options.

"These two products elevate the level of innovation in the access control landscape. They are incredible steps forward," said Roy Tal, Product Manager. "ASIS International 2008 represents the perfect opportunity to showcase our new products. With over 20,000 security professionals, from around the world and across the industry, we have an opportunity to not only showcase our products but our ability to integrate various security technologies."

Both Door Management System (DMS) and mTouch are currently available. Visit Visual Defence at Booth 558 for a live demonstration of these two revolutionary products.

For more information on ASIS International 2008 please visit: www.asisonline.org/ASIS2008."

[par12] 17/9/2008 20:30

I am interested to know where those share came from ? IF they were off the open market then WOW not many left; But I think we will get another RNS in a day or so.

[rivaldo] 17/9/2008 20:01

Thx Dasein, nice spot. Good to see it's starting to contribute.

A big vote of confidence from the CEO in spending another £860,000 on VDI shares! Which means it's presumably unlikely that there's any bid activity on the immediate horizon (at least any that's known about, including an MBO). But it does represent a BIG financial incentive to get things right here.

[dasein] 17/9/2008 19:41

Rivaldo see note 7 : Joint Venture

in the accounts

Gives VDI's share of the joint venture revenue as $310k with a net profit of $76k

so at least its up and running, if I remember rightly VDI revenues are tied to passenger numbers which are down a tad at the moment, but should increase signicantly when the airport eventually gets TSA clearance

[par12] 17/9/2008 18:03

He does not need to now over 53 % he is in FULL control;

[gobbyash] 17/9/2008 16:48

Maybe he wants to take it Private??

gobby

[hugepants] 17/9/2008 15:56

He now holds 53%