Vphase Share Discussion Threads

[412069] 05/6/2013 16:13

Must admit Melton. i did laugh. No harm in trying for the top totty tho.

[melton john] 05/6/2013 15:17

Ha ha. Don't spoil my fantasy.

[bronislav] 05/6/2013 15:07

Melton......you should be so lucky ..lucky lucky lucky.

[melton john] 05/6/2013 14:17

I remember explaining that generous contribution was paid for by an equally generous pay rise he had prior to the placing. Carry on throwing money away on this if you like, not too long ago I was arguing with people who said it was worth over 8p. I've got more chance of getting my leg over Kylie Minogue lol.
"This game" as you put it is about probabilities rather than possibilities. To use my example, Kylie is a possibility but I won't hold my breath.

[412069] 05/6/2013 13:54

CEO Rick Smiths last 12.8m buy is now worth £26k not £64k that he paid a few months back' interesting to see if he puts his hand in his pocket again.

[briangeeee] 05/6/2013 13:45

I think the big problem they have is the 0.25p nominal share price.
Since they probably can't issues new shares below this, why would anyone in their right mind want to participate in a rescue placing that leaves £3.5m of value with the existing holders. I just don't see it.

If they don't get the placing away, what are their options?

[412069] 05/6/2013 12:59

Typo a £1000 could, or not! make you £10000 here over time.
Ive spent more than that on the lottery with the odd tenner back.

[typo56] 05/6/2013 12:54

Of course you have to be prepared to lose from time to time but to be successful at investment you should aim to ensure that the odds are in your favour.

I can't see the point of investing here. You'd be mad to punt anything meaningful so why bother? There must be nicer ways to get your testosterone fix!

[412069] 05/6/2013 12:27

Typo...you could be correct, but you should not be in this game if you cant afford to lose a few quid.
Lifes a gamble right.

[typo56] 05/6/2013 12:20

What are they going to do with the dosh that will reverse their fortunes? They have one product, a product people don't need and don't want and they have ridiculous overheads.

How much are they raising? How long will it last?

Better to gamble on the lottery IMO.

[412069] 05/6/2013 12:00

We now know the reason for the early dip so is it worth the gamble?

[briangeeee] 05/6/2013 10:58

The NEDs must be wondering why they agreed to payment in shares...

[topinfo] 05/6/2013 10:53

TIDMVPHA


RNS Number : 3477G





VPhase PLC





05 June 2013



Press release 5 June 2013





VPhase plc





("VPhase" or the "Company" or the "Group")





Statement re. Share Price Movement





VPhase notes the movement today in its share price and announces that it is in the advanced stages of raising equity capital through a non pre-emptive placing of ordinary shares of 0.25p in the Company for cash (the "Placing").





Whilst the Company fully expects the Placing to be successful, in the event that it is not successful, the Company is unlikely to have sufficient funds for its present purposes and the directors will have to consider all options, which may result in little or no value for shareholders of the Company.





Further to the Company's preliminary results announcement dated 25 March 2013, and in line with recent reports in the press, there has been a noticeable slowdown in the demand for energy efficiency products as customers come to terms with the Green Deal and how it impacts them. This has had a short term impact on the Group's performance in the first five months and full year expectations are currently being reviewed.





- Ends -

[melton john] 05/6/2013 10:33

I think this company will go down the pan mate. Get a book from the library on reading company accounts. Eg turnover £1.38M loss £1.66M. No skin off my nose, the only way you'll make any money IMHO is to con someone into paying more than you did.

[412069] 05/6/2013 08:43

Down 22% on £800 worth of sales, a bit over the top that.
Only 5% of these shares are held by Joe Public.

[412069] 20/5/2013 11:51

Must be the Energetix rns this morning thats give us a lift.

[412069] 20/5/2013 08:09

Melton. could be something goging on here! waht do you think!

[melton john] 17/5/2013 17:36

Lol, Somebody will fall for it.

[412069] 17/5/2013 16:33

Nice little rise at the finish there Melton, have a good week end all.

[melton john] 17/5/2013 13:32

That looks like a rollover to me rather than a big buy.
I suppose there is a chance that someone might want to mislead.

[briangeeee] 13/5/2013 15:56

So, is there a right bit? :-)

[melton john] 13/5/2013 15:54

This hot air balloon is going to need some help soon. Getting close to nominal share price of .25p which will prevent any more shares being issued. They will need to re-jig the share price by consolidating and increasing the gap between nominal and actual share price before they can issue more shares. They won't IMHO be able to carry on much longer without action.

[412069] 13/5/2013 15:37

Sorry lads, posted wrong bit, been a busy day here.

[typo56] 13/5/2013 15:13

I didn't realise VPHA made smart meters. You learn something new every day!

[412069] 13/5/2013 14:47

From Interim Statement Centrica 13th May........

We continue to develop and improve our services product range. Over 20,000 customers are now using our 'Remote Heating Control' product, while we have recently launched British Gas branded home insurance in partnership with AXA. Longer term, smart meters will provide us with additional opportunities for growth, and we have now installed over 1,000,000 smart meters in homes and businesses