Eight Peaks Share Discussion Threads

[johncasey] 08/3/2019 08:20

Houston...we have lift off!

[chinese investor] 08/3/2019 08:14

Could this be Spring ?

[gbenson1] 08/3/2019 08:04

Nice start to the day, VS seem to have woken from their slumber, would be nice to have an upto valuation of VS.

[chinese investor] 08/3/2019 07:47

8PG had £149,000 in cash at the end of September 2018.
Since then it has raised £780,000.

It has a Cap of just over £1 million !

[gottopickapocketortwo] 07/3/2019 22:13

Yes , when it turns it will be harsh and unforgiving

[belt n braces] 07/3/2019 22:02

Seems to me the share price came down pretty bad on very thin trading, so it possibly would not take a lot to get the price back up again, especially now that the company is valued at not a lot above £ 1 M.

Yes two more multinational retail client wins, so good news, I would be sure that Rene is working hard at Virtualstock to try and get the the required listing, which is the stated aim!

[gottopickapocketortwo] 07/3/2019 21:36

I agree and have bought approx 50k shares over 2 transaction this week

[belt n braces] 07/3/2019 20:42

Gotto

Always thought you had a great name 'handle' here on advfn/ and also a fellow Scotsman so all good. Think I might do a bit of topping up here tomorrow, on the value of the recent placing alone, it seems this company is, as you say below the radar and seriously under valued.

Maybe a small topping up at this stage?

[gottopickapocketortwo] 07/3/2019 19:46

Agree 100% belt and braces / fellow Scotsman . Hence why of late I have averaged down and increased my holding in 8pg from a mere 30M pre consolidation to >100M today . I know this is below the radar and it is reassuring to hear such positivity regarding 2019 outlook from vs msnagment today reinforcing my belief

[belt n braces] 07/3/2019 19:34

This evening, if we take the closing mid price of today (7.25p), the market value of 8Peaks is equal to £ 1.3million.

If we take a look at the recent placing that raised £ 610K and if we add the additional stock taken up by Zaf and Monson that is an additional £ 170K.

Therefore the cash value added via the placing is £ 780K. If we assume that a residual value of a stock exchange listing is worth say £ 150K, that would value the company in a pretty worst case scenario at £ 930K.

This would imply that the remaining assets prior to the recent fund raise is worth a measly £ 370K?

Surely this is now really in massive bargain territory, or have I missed something?

If the 'herd' were now to start trading this stock, then I suspect a massive re-rate would be in order?

[maxk] 07/3/2019 19:27

Cool


All quiet on the Sutton front.

[gottopickapocketortwo] 07/3/2019 16:47

I think this will come good this year and is greatly undervalued .Once Rene irons out the creases in VS and expands , this will show in 8pg share price as sentiment changes IMO and little float - so happy to hold over 1.5% of 8pg's stock in pf. Gla watch this space this year

[gottopickapocketortwo] 07/3/2019 14:55

Virtualstock is supplying its cloud-based software solution, The Edge, to Nisbets and Whirlpool UK Appliances.

[gottopickapocketortwo] 07/3/2019 14:54

These two major client wins build on our very strong portfolio of retail clients and reflect our growing momentum. Over the past two years we have raised £3.4 million to fund future expansion, hired the former CEO of Telefonica Deutschland as our Chairman and increased revenue growth by 74%. We are very excited about 2019 and further executing our ambitious growth plans."

[belt n braces] 07/3/2019 12:47

If virtualstock is actually worth £ 70 million, which the 8PG website states was the last investment price, then 8PG in theory should 4 bag from here?

[chinese investor] 07/3/2019 12:47

...which was £780,000 !

Might Multibag !

[belt n braces] 07/3/2019 12:43

market cap using price of 6.5p per share = £ 1.169M

Per Eight Peak website, Virtualstock latest investment at valuation of £ 70Million. The actual value of virtual stock would need to be as low as £ 16million, to justify the latest 8PG price (8PG having a 7% interest)? That is excluding any value for any of the other investments or value placed on whatever cash is left from last placing and any residual value for having a stock exchange listing.

So possible cheap as chips and multiple gains from here when news comes to the fore?

[chinese investor] 07/3/2019 12:24

There are 17,988,255 shares so Cap is approaching £1 million !

[chinese investor] 06/3/2019 14:32

Pru,
How's the prudent sales going ?

Professor Pru (8PG) 29 Dec 2018 - 18:06:30
And what most people here have forgotten is the appointment of Rene Schuster to Virtualstock.
I am being prudent and cutting around half but Schuster has an excellent previous track record.
On balance I would say 8pg is undervalued but prudence must reign with such a large amount of money on the table.

[bionicdog] 06/3/2019 09:47

Book that plane ticket now Kem!

[kemche] 06/3/2019 09:42

377 here we come. Scorchio.

[bionicdog] 06/3/2019 09:33

Ho hot hot.

[chinese investor] 06/3/2019 09:17

A new low !

[chinese investor] 06/3/2019 09:11

WARNING

6.5p Now !

8.5p Soon !