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VAN Vanco

2.25
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Vanco VAN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.25 2.25
more quote information »

Vanco VAN Dividends History

No dividends issued between 28 Apr 2014 and 28 Apr 2024

Top Dividend Posts

Top Posts
Posted at 07/5/2010 18:05 by machiavellianindian
Simon Cawkwell - 18 Apr'07 - 21:02 - 21 of 1022

JayDeee,

It really is not necessary to excuse yourself from thinking by claiming that you are not an accountant. My reason is that most accountants that I have encountered cannot read a balance sheet in stock market terms for toffee.

The fact is that debtors receivable more than a year after the BS date raises the question as to whether the debtors will necessarily feel satisfied then in the matter of performance. No amount of discounting or provisions gets over this problem.

There is of course a long history of leasing companies holding their own in stock market valuation terms for many years prior to disappointing. And VAN's stock market denouement may be some way off. To what extent do you think VAN a lessor?

Incidentally, I am told that Bridgewell, the broker, tried to speak to VAN today but were declined when making civil enquiry. If so, is VAN mad? Or has VAN something to hide? Good companies NEVER fail to answer reasonable questions reasonably put. You do not need to be an accountant to agree with that.

Simon Cawkwell
Posted at 27/7/2009 21:12 by themoneymonster2
I've heard VAN are going to re-list at £500 per share! : )

NOT
Posted at 18/7/2009 22:11 by themoneymonster2
Honestly, are you being serious? DO YOU HONESTLY THINK VAN MAY RE-EMERGE?

Can you post that funny picture of the ugly guy giggling?
Posted at 18/7/2009 13:31 by themoneymonster2
Sirace

I hear Vanco are going to rise from their death and we worth billions and you are going to be worth a mint, NOT!

VAN have gone mate, move on!
Posted at 16/7/2009 13:19 by sirace
from lse:

VAN
Share......
14 Feb '08

12 Feb '08


I can only advise you to contact Morten.Singleton@vanco.co.uk, he will try and answer your questions as clear as possible, you know we or I cannot release any news regarding present dealings and future contracts until they are completed and both or all parties involved release the details to the media and obviously the markets, please use next weeks RNS as an example. Regards my holdings in Vanco you are right about the share options in the region you have stated, there are only 2 options which I will not state on this board but only that we are given a period in which to purchase the total shares allowed at a designated price, you can decide for yourself what you make of that, but I am very confident personally. Recruitment is an ongoing drive at Vanco, they are striving to get the best people for the company, the future is very, very promising and this is always part of their selling of the company to possible employees, please see . What I would say is please contact Morten Singleton, he very approachable and will answer your concerns to the best of his ability.

Mac
VAN
Vanco
12 Feb '08


I have been an employee at Vanco for over 3 years now and do take an interest in the bulletin boards and find it quite hilarious with some of the comments and statements regarding Vanco. We have had 2 meetings over the past week regarding the share price and the reasons for such a huge drop, the company are to be honested bewildered to why but have strongly denied any manipulation of the shareprice. They have also denied there is any talks and evidence of any takeover of the company. An RNS will be issued the week commencing the 18th February 2008 as stated recently. All employees are allowed to buy shares in the company and are only allowed a certain amount to hold while employed by Vanco, this only changes when someone leaves, that has always been the ruling and it is up to the individual to decide if they want to sign up to it. Personally I will never give up my shares in the company because I believe it will and most certainly has a massive future. Please feel free to contact Vanco anytime, you will always get a response to your questions within reason and obviously under the rules laid down when it comes to share dealing, you know what I mean there I should think, the company cannot give information out to anyone until it has notified the markets.

Mac
Posted at 16/7/2009 13:16 by sirace
any missing RNS's from this list?



Moneymonster2, can you confirm?

Ta
Posted at 14/1/2008 15:55 by johnroger
Buy Vanco at 171.5p

argues Rob Cullum, editor of TrendWatch

In the spring of last year, we were seduced by the attractions of international telecoms outfit Vanco (VAN). Vanco doesn't do hardware, not at any rate the kind of hardware required by the big telcos such as Vodafone. Instead, it shops around all over the world, purchasing capacity from the local carrier of choice, with the object of packaging and offering its clients "fully-managed network solutions".

In a business environment that is truly global (we said last spring), no corporation, however large, (British Airways, say) can afford to own the telecoms assets upon which they are critically dependent. The solution is a long-term contract with a specialist such as Vanco. Vanco's job is to get the best prices, and to design a system which uses technology most appropriate to the particular needs of its customers, thus ensuring that service capability is maximized –but at optimum cost. And Vanco could point to the fact that blue chips such as British Airways, Siemens, Ford Motor Company, Avis Europe and Pilkington had entrusted this vital part of their enterprise to it.

The company has key relationships too with IT integrators and outsourcers, including Computer Science Systems and IBM. And Vanco can and does provide services to the very carriers upon which it depends –Bell Canada, AOL and Qwest to name but three. The key here is Vanco's unique portal, enabling it to access the entire telecommunications network of the US. Moreover, Vanco can and does support the international requirements of a number of their regional clients.

It also had a super earnings record. At that time of our previous recommendation, three brokers analysed Vanco; only one of them, WestLB Equity Markets, said that the shares were a buy. Its forecast for the year to January 2007 was 18.3p per share. The outcome was just 16.3p. So the earnings target was missed by some way; and the shares, which stood at 475p when we wrote (and which we hoped would regain the 600p at which they had been trading a short time before) headed rapidly in the other direction. It was only the TrendWatch stop-loss mechanism which stopped us from catching a truly dreadful cold.

To be fair, we had noted that it was clear that something was going on. The company stoutly averred that there had been no discernable change in the competitive environment, but the implication (although Vanco did not say so) was that its increasing size needed ever larger transactions to feed it, and that these both required heavy up-front expenditure and took longer than smaller deals to complete –and to produce revenue.



The headline cause of the subsequent halving of the share price was delays to three contract renewals, resulting in sharply increased cash outflow, despite the rapidly growing turnover and earnings. Against this background Vanco was chasing customers for upfront payments at period ends, typically at a discount, which in turn impaired margins.

By September last, the company admitted that a review of its procedures had concluded that it had focused on the achievement of short-term cash targets at the expense of long-term margins, and that ending this practice would have a one-off detrimental impact to free cash flow in the current financial year of approximately £20m; and that year-end net debt would now more closely reflect the underlying net debt during the year with net debt as at 31 January 2008 expected to be around £45m.

Vanco now has a new finance director, whose unusually high profile underlines the areas of weakness that caused investor concern –notably the fear that the company will need to come to the market for more cash. Vanco denies that it will need to do this, pointing out that, notwithstanding the foregoing, it's trading well within of its banking covenants. As the most recent report indicates, the winning of contracts, which has never been a problem, continues apace. The company uses this fact as a peg to hang the assertion that, with an increasing proportion of its turnover being contracted (£421m as at October 2007) this will tend to make the erratic cash flows associated with the winning of new contracts of less overall importance in future.

The brokers' consensus is that earnings per share this year will be 24p, climbing to 32p by January 2009. That's a splendid growth rate. This gives an earnings multiple of only 8 in the short term and less than 6 next year. So the shares look a real bargain.

But wait a bit. We've noted the problem of high borrowings and white-knuckle cash flows, this at a time when banks may be getting more sensitive to their exposure. To this, you must add the fact that, although the company's policy towards treatment of up-front expenditure (and thence the definition of 'earnings') is perfectly acceptable accounting practice, if there were to be either a voluntary or enforced more conservative accounting change, the stated earnings figures could face sharp downward revision, damaging the investment case.

So, a situation not without risk. Persistent weakness in a share price (especially when coupled to high levels of debt) is a much more sensitive pointer to risk than earnings forecasts. But, just as we ignore the latter if we don't like the prospects ourselves, there are (rarer) cases where we ignore the hoisting of storm cones too (only one of the five brokers, Charles Stanley, says 'buy').



Is Vanco heading for stormy waters? We can't be sure. The shares have now become so cheap that it may even become the target of a bid, a fate that befell two of its rivals: Infonet and Equant (swallowed up by BT and France Telecom respectively).

We see the risks, but we see too that the achievements still continue solid. Earnings are forecast to grow at a fast rate, it's still picking up major contracts and it describes market conditions as 'buoyant' (with no ill effects from the credit squeeze).

If you're a widow or an orphan, we wouldn't commend this share to you. If not, then our assessment is that the potential reward outweighs the risk –but do set a 20% stop-loss, just in case. BUY.

Key Data

EPIC: VAN
Spread: 170.75p – 172.25p (0.9%)
Market Cap: £106.6m
Posted at 26/10/2007 07:28 by mbthedude
Worldwide Tank Terminal Operator Royal Vopak Selects Virtual Network Operator Vanco...
25 Oct 2007 - 15:58

Worldwide Tank Terminal Operator Royal Vopak Selects Virtual Network Operator Vanco for Global WAN for 83 sites in 28 countries
NEW YORK--(Business Wire)--Royal Vopak, the world's largest independent
tank terminal operator, has signed a five year agreement with the
pioneering global Virtual Network Operator (VNO) Vanco, for the
design, implementation and management of a new global Wide Area
Network (WAN).
Vanco will deploy a hybrid IP network, using Ethernet, MPLS and IP
Sec technologies, providing end-to-end connectivity for 83 Vopak
offices and terminals in 28 countries. The Vanco solution will replace
a variety of global, regional and local solutions that Vopak presently
uses. Vopak currently has operations in Europe, Asia, the Middle East,
the Americas, Australia and South-Africa.
"As a global company, the ability to share systems, information
and knowledge between our offices is essential to the success of our
operation," explains Ton van Dijk, Chief Information Officer at Vopak.
"With Vanco's support, we will create a globally managed company
network that allows us to improve the support of our business, and its
demands for enhanced online communication capabilities and knowledge
sharing are met. It also supports our aim to be more flexible in terms
of adding new locations and connections in the future. At the same
time we can create a platform which enables us to deploy new
technologies and improve security, whilst also reducing our
connectivity costs."

Ton van Dijk continues, "Vopak selected Vanco because of its
specific VNO business model, which provides a professional service in
managing all elements of an integrated network with the flexibility of
short term contracts and the continuous insight into our network
behaviour and costs."
Vanco will build a comprehensive solution, which can be managed
centrally and integrate global, regional and local carriers. Both
parties have signed a five year contract which includes annual
arrangements to enhance the flexibility of the network. Vanco will
develop a hybrid solution that can support every type of office,
location, terminal and agency through Ethernet, MPLS or IP Sec. In
addition to this, it will deploy an 'Active Backup' solution for
proactive protection of Vopak's data. Active Backup replaces the
ISDN-based back-up with DSL, utilising the latter's 'always on'
capabilities to offload non-mission critical traffic onto what was a
previously unused link.
"Vanco is very pleased to be able to provide Vopak with a state of
the art solution to connect all of its offices worldwide through one
unified infrastructure," said Ted Raffetto, CEO of Vanco US. "Our new
solution will not only offer secure, reliable and cost-effective
worldwide connectivity, but also valuable insight into all
communications costs. As well as this, Vopak will enjoy the
flexibility to deploy new technologies as and when they emerge."
Posted at 24/3/2006 17:24 by energyi
(received from Vangold's IR man)

Please find enclosed an Oil and Gas update from Vangolds Resources Ltd (VAN-V:TSX) (See below). Here is the link which will redirect you to Vangolds website:

Further, I understand several news releases in regards to Vangold Resources Ltd (VAN-V:TSX) working interests in Papua New Guinea ("PNG") and/or Uganda are imminent. The 12 month drill program at Mt Penck, PNG is well underway, and we anticipate assay results from Mt Allemata and possibly other mineral property updates shortly.

Please note the production rates at the Killam Oil Field (Alberta) have stabilized. Production of 1240 BOPD (100% working interest) was reported last week by our partner Culane Energy (CLN-V:TSX). Vangolds net working interest at Killam is 26.25%. For those who missed the initial production rates at Killam, please click on the following link for the March 6, 2006 Killam news release on Vangolds website:

To reiterate, production levels have stabilized and the company intends on updating shareholders on Revenue and Cash Flow figures in due course.

I also understand Vangolds' interest in the Chigwell gas well (drilled in 2005) was successfully drilled and cased and plans are in the works to tie-in during the 2nd quarter according to information posted by the Operator, Choice Reources Ltd. I understand a new drill program is planned for our Strachan property located near Rocky Mountain House. Vangolds interest in the Deep Gas Basin project located near Rocky Mountain House, Alberta awaits AEUB permit approval and we anticipate approvals during the next quarter. The Deep Gas Basin project is located near Shell Canadas major gas find (announced by Shell in Dec 2004). I understand Shells' discovery well at Tay River is flowing in the range of 50 million to 100 million cubic feet per day and they plan further work in the region. As an investor, please be aware that Vangolds Deep Gas Basin Project is classified as a Developmental pool well, and should not be compared to Shells findings on their Exploratory well in the Tay River region.

Please find attached an interesting article from the PNG Resources Magazine in regards to Vangolds' project located at Feni Islands, PNG. PNG Resources is an Energy Magazine providing information on PNGs Petroleum, Mining and Forestry Industries. For those shareholders who've owned Vangold shares since 2003 and 2004, I'm certain the article will shed some light on the ongoing detailed analysis performed by David Lindley, a director of Vangold. We thank him for his continued efforts and dedication. It is Vangolds' intent to commence another drill program at Feni Islands.

During the Toronto PDAC Convention in March 2006, numerous investors expressed genuine interest, and wanted to learn more about Vangolds involvement in Uganda. For investors wanting further information on the geological interpretation of Uganda there is a factual website located at The information referenced on the aforesaid website was compiled by Brian Hest of Canada in conjunction with the Department of Geology and Mines, and the Uganda Investment Authority, etc. We have to caution investors and remind you when you click on the aforesaid website link to Uganda, you are leaving Vangolds' web domain. Nonetheless, you will find good historical and geological information in regards to the wealth of the mineral resource base in Uganda. Some of Vangolds' current projects in Uganda (ie Kilembe, Kafunzo, etcetera) are referenced therein.

During the PDAC, Vangolds' respresentatives held a reception for several Ugandan Delegates. New relationships were formed and the Ugandan Delegates were very pleased with Vangolds involvement in their country.

Vangold is scheduled attend the New York Mining Conference on May 15 and May 16, 2006. Vangolds' Booth Number is 712, and we welcome you to attend our booth. During the International Investment Conference, an Oil and Gas panel is scheduled. A representative of Vangold will provide an overview on our oil and gas division. For further information on the New York Conference please visit the following website:

Year to date share volume for Vangold on the TSX Venture Exchange is 18,741,181 (2006). By comparison, approx 7 M shares traded in 2003, 14.8 M during 2004, and 29.3 M shares traded in 2005. All of the Investor Relations team appreciates our shareholders comments. We thank all shareholders for your contribution.
Posted at 06/10/2005 15:24 by jaydeee
Vanco takes home WCA

Best Managed Service Award 2005

Judges at Total Telecom's World Communication Awards 2005
put Vanco ahead of last year's winner BT/Infonet

Vanco (FTSE: VAN), the pioneering global Virtual Network Operator (VNO), last night won the Best Managed Service Award at Total Telecom's World Communication Awards (WCA) 2005, demonstrating new thinking in design, development, usability and market appeal. The Judges' panel, including Kenneth Cukier from the Economist and Manoji Menon, Frost & Sullivan, put Vanco ahead of last year's winner BT, along with Equant and NTT Com.



The World Communication Awards have become one of the most prestigious events in the industry's calendar. The 2005 Awards recognise outstanding achievement amongst telecom service providers at global, regional and national levels. This year's WCAs highlighted the industry's efforts to extend services and investment into new markets.



In presenting Vanco with the award, the judges said that, "[Vanco's] customers cited high service levels and, flexibility and lifetime cost benefits," and that, "BT and other telcos are trying to copy the Vanco model now." David Molony, editor in chief of Total Telecom, described Vanco's award as "well earned".



Vanco is still the only networking company able to offer a truly objective view of a customer's large and geographically diverse network requirements, and to satisfy them with an independent, customised solution. Vanco's unique customer-focused business model ensures outstanding ongoing service, resulting in an unrivalled 99% customer retention rate in the last six months.



Vanco's services include the design, integration, implementation, security and management of global corporate networks. Vanco's customers, who rely on Vanco for the successful functioning of their business critical networks, include Avis, Ford, IBM/Lloyds TSB, Siemens and British Airways:



"The Vanco VNO approach will deliver the high service levels, flexibility and lifetime costs benefits that our business requires to maximise its ability to remain successful in the 21st Century airline environment," said Gordon Penfold, head of IT BD, British Airways.



"High quality service and our intrinsic alignment with the business drivers of multinational enterprise customers are key to being a successful player in our space. As a result our pioneering business model has seen Vanco's rapid growth continue into its eighteenth year" said Allen Timpany, CEO, Vanco. "We are delighted to receive this prestigious award, and I look forward to sharing it with all who have contributed to Vanco's success."



The judging panel for the World Communication Awards 2005 contained 12 representatives from a variety of independent organisations and trade publications, including Frost & Sullivan, Booz Allen Hamilton International, Fidelity Ventures and Total Telecom.





About Vanco



Established in 1988, Vanco plc (FTSE: VAN) is the pioneering and leading global Virtual Network Operator. Vanco does not own telecoms assets and therefore has the freedom to source infrastructure from the most suitable Asset Based Carriers (ABCs) on a global basis. It provides enterprise clients, directly or through partners, with cost-effective, optimized and fully managed network solutions. Carriers can also extend their off-net reach by accessing, through Vanco, other carrier networks around the world.



With solutions available in 230 countries and territories, Vanco is selected by the world's largest organizations to provide strategic network solutions. Its clients include Accor Hotels, Avis Europe, British Airways, Ford Motor Company, IBM/Lloyds TSB, Siemens, Pilkington and Virgin Retail.



Through the Vanco network solution clients get access to the greatest geographic coverage available through a single provider. Vanco offers incomparable flexibility to customize and adapt the solution in line with market changes and business priorities.



Vanco is recognized by the industry for its financial success and world class customer service delivery. A significant proportion of its investment capital goes into customer care which is reflected by the awards won, independent market research and client retention.

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