Vale Int Share Discussion Threads

[deswalker] 07/9/2006 07:37

Interims out. All looks good to me.

[deswalker] 01/9/2006 13:59

I'm expecting them next week based on nothing more than the date last year.

[rainmaker] 01/9/2006 13:43

Anyone know when the interims are being released?

regards

[rainmaker] 31/8/2006 12:36

MM moving up the bid in an effort to attract buyers so they can square their books ahead of the interim results. No real buying though

regards

[rainmaker] 15/8/2006 11:22

Re Article-Excellent growth in China but losses in UK(against profit the previous year) and USA,high tax charge in Italy to be repeated due to Value Tax(discussed here earlier). States not dear but needs more profits and until then high enough.

Nothing about synergnistic acquisitions, competitive advantages that mean gross margins are 90%, tight containment of costs over last three years,Accounting changes. Lost faith in the IC and IMHO not a rounded and well balanced article
but interested to hear from others

regards

[rainmaker] 14/8/2006 12:35

A small piece on VIG in this week's IC-more later

regards

[hugepants] 09/8/2006 13:47

Thanks for that. We'll know more next month when interims are released.

[rainmaker] 07/8/2006 12:45

Company's Broker have increased EPS and Turnover estimates to 0.75p and £11.10 for the current year from 0.71p and £11.0 mln respectively so prospective P/E is now just 12.Think estimate is way too low and expect 1p. However there may be an impairment to goodwill but that will be a non csah item. Still think they are doing a terrible Job covering the Company and VIG would be much better getting shot of them! !

regards

[valhamos] 12/7/2006 20:47

Took the opportunity of the narrower spread than normal and the dropping of the offer to 10p to pick up 50,000 this morning.

[deswalker] 27/6/2006 12:59

Planit in talks about a possible offer

[rainmaker] 27/6/2006 01:27

Hi varies- I've seen plenty of these situations before where a just a few Investors are ahead of "The Market" in spotting a fantastic opportunity

eg Stanley Gibbons Group(SGI) +850% 17p to approx 160p in 3 years
Amstrad(AMS) +1000% approx 20p to 220p in one year
Theo Fennell(TFL) +300% 17.5p to 71p in one year
Teather & Greenwood(TEG) +600%10p to 70p in approx one year

That's just 4 recent examples in no particular order, off the top of my head.Coincidentially all were trading at or less than Net Working Capital.To give you an idea of potential, if the average Software Company is probably trading at 4 times annual sales then that equates to VIG's share price trading in excess of £1.

regards

[deswalker] 26/6/2006 17:44

Gyllenhamar acquires another 100,000 shares. Now has over 8%. RNS just out.

[varies] 26/6/2006 14:25

Valhamos & Rainmaker
Having had a full reply from the Company, I accept that I was unfair on them in my first message of 23 June which I retracted, as best I could, 2 hours later.
Thank you both for your illuminating remarks.
In past years VIG seem to have given more attention to sales than profits but the various accounting changes now in course should embellish the picture.
Although the mkt cap is small and the share little followed, this need not prevent a dramatic re-appraisal in the market if some visible profits appear.
Only 3 years ago the market cap of IndigoVision, for example, was under £3 million and less than the cash held; it is now about £30m, a valuation that leans much more on prospects than pfts achieved.
I do not suggest, however, that IND and VIG have much in common let alone that VIG's share priceis in for a dramatic improvement yet.
We shall see.

[tyranosaurus] 24/6/2006 12:09

Rainmaker

You don`t have to post the same thing 4 times.
Use the edit facility and remove 3 of them.

[rainmaker] 24/6/2006 00:12

Varies-How long did you have to wait for a reply?My previous experience has been very positive when I rang the Company- got through to the Person I wanted to speak to without the Spanish Inquisition!They were very knowledgeable,polite and helpful.

Latest acquistion looks a great deal in cash assets and Property plus Des Walker made an excellent point to the effect that VIG have global reach to fully exploit this new Company's products and create synergy-ie the whole becomes greater than the sum of the parts.Opportunities for cross promtion, economies of scale and scope etc etc

Do think the Company's Brokers deserve a rocket up their £%$* though.What is the point of all VIG's work if they can't produce full estimates ie forecasts for 2007. It all seems they didn't appreciate the purchased goodwill being amortised through the P&L in 2005 since they correctly predicted a pre tax profits but failed to forecast a small loss after tax.

regards

[valhamos] 23/6/2006 17:14

Just got back from a few days away so I missed the action yesterday. A second acquisition within 12 months - clearly highlights the potential in the CAD/CAM market and the company's seriousness in taking a growing share of it.

At the AGM they stated that part of their strategy was to broaden the range in specific sectors, in particular; large sheet metal stampings (assisted by last year's acquisition of SMIRTware Inc) and plastic injection moulding - hence the latest acquisition.

I need to digest this before commenting further.

The Plastics & Computer International website looks worth a read



varies - Pleased you got your response. My impression from talking to Stephen Palframan & Julie Randall at the AGM was that they were very much interested in private shareholders and any queries they may have.

[varies] 23/6/2006 13:32

Oops !
Within 2 hours of my posting my remarks about the directors taking little interest in the shareholders today's mail arrives (I live in the middle of nowhere) with a very helpful letter from the Chairman answering mine in full and enclosing a beautiful print-out with pie-charts and lots of info.
So I retract these remarks without reservation.
Once I have digested all this, I will give you all the benefit (for what these are worth) of my conclusions.