Vanco Share Discussion Threads

[setanta3] 03/5/2007 16:25

can anyone explain why the price is actually going up in view of the fact according to advfn there are alot more sellers today? TIA I am a newbie at this

[dansjhall] 03/5/2007 16:19

505- 510 ish overhead resistance because of the buying before the results will have a oppertunity to come out level, but it doesnt look that strong.

[jaydeee] 03/5/2007 16:03

The Knorr-Bremse deal was announced in the Annual Statemeent in April with the E&Y deal. So this must be a new one!! All the better.....

[renegade master] 03/5/2007 16:03

Well unless he clears up his position he declared shorts on this at the 200 area and at other prices lower than current in the past! My guess is a big loss right now which is why he spread his stuff on this one everywhere..

[setanta3] 03/5/2007 15:54

I never catch a falling knife anymore! but did on this one and doing nicely. How hight from here currently 4.80? TIA

[dansjhall] 03/5/2007 15:52

im going long however, i would guess that simon C placed all his shorts before the fall so he probably is still in profit as he no doubt caused the fall it would be wise to place the shorts before he bad mouthed the company. That is unless he totally ignored the trendline at 400 and kept shorting it all the way down.

[jaydeee] 03/5/2007 15:29

Not sure if this is same one as announced this morning?

Vanco wins EUR 10 million Knorr-Bremse network contract
Telecom Paper (subscription) - Houten,Netherlands
Virtual network operator Vanco is connecting all 91 global sites of Knorr-Bremse, manufacturer of braking and control systems for commercial vehicles. ...

[renegade master] 03/5/2007 14:40

.. the shares mag "sell at 440" target 150 was a straight lift of Simon C's previous story sent out to the press! Not great journalistic values there... they didn't bother to call Vanco and get their side of the story. "Traders would be unwise to ignore his call to short" says the mag as if they'd done any research themselves.

Interesting that the shorting campaigners have disappeared which makes me think Simon's followers have lost their nerve and are closing fast. I also think Simon should really fess up as to how much he's lost on this so far!

[johnroger] 03/5/2007 14:17

Ironic that "Shares" had Vanco as a short this morning with the same target as SC.

[melody9999] 03/5/2007 09:35

momentum building now though. shorters must be thinking about covering their positions

[holts] 03/5/2007 09:00

muted response

[jaydeee] 03/5/2007 08:14

good news this morning. And for once the Company has actually addressed all the complaints of the likes of Simon Caldwell i.e. they stress -
- £10.2 million will be received in cash before 31 January 2008
- the business will be Free Cash Flow neutral to slightly positive in the year ending 31 January 2008.
- retention rate is 98%

This Company is going places - whatever the doubters say!!!!

[jaydeee] 03/5/2007 08:10

Vanco PLC
03 May 2007


Vanco announces year to date update and new contract with major German
technology group


Vanco, the pioneering global Virtual Network Operator (VNO), announces it has
signed a contract with a division of one of the largest businesses in Germany -
a technology group with 190,000 employees worldwide. The three and a half year
deal covers 20 countries, with Vanco delivering a mix of MPLS and related
technologies


This deal takes the total contract value signed by Vanco since 1 February 2007
to £80 million. Of this, it is estimated that around £11.3 million of revenue is
recognisable in the year ending 31 January 2008, and around £10.2 million will
be received in cash before 31 January 2008. The revenue that is estimated to be
recognisable represents fractionally under 25 per cent of the new business
revenue that needs to recognised this financial year in order to achieve the
consensus revenue expectation for the year. This is significantly ahead of the
position at the end of Q1 in previous financial years. This also excludes the
full effect of any additions or changes to these networks which would be
expected and, in addition, these statistics exclude the effect of moves, adds
and changes (MACs) with existing customers.


We expect the contractual profile of the cash payments to work done on these
deals to contribute to long term debtor growth being at a lower rate than in the
year ended 31 January 2007. This is in line with the consensus opinion that the
business will be Free Cash Flow neutral to slightly positive in the year ending
31 January 2008.


Additionally, Vanco can confirm that its customer retention rate by contracted
revenue as a percentage of contracted revenue at the start of the year for the
year ended 31 January 2007 was just over 98 per cent. This is in line with the
company's excellent history of customer retention.


In addition to retaining customers, account management activities generated
additional revenues beyond the contracted values with existing customers as at 1
February 2006 of around 32% in the year ended 31 January 2007. This is a higher
than the historic average rate from previous years of 30% and the directors
expect this improvement to continue in the financial year ending 31 January
2008.


Allen Timpany, CEO Vanco plc, commented,


"We are very pleased to see such a strong start to the year. These initial deals
which have fallen early in this financial year will contribute strongly to Total
Contract Value, revenue, gross margin and cash for this financial period, and
reflects the increased focus of the Directors and senior management team on the
financial profile of new contracts."


For further information please contact:

Vanco plc

Simon Hargreaves, Managing Director, Vanco Solutions & Group Finance Director
T. [phone]

Michael Piddock, Marketing Manager
T. [phone]
[e-mail]

[dansjhall] 02/5/2007 16:32

10p good start, keep it coming

[dansjhall] 01/5/2007 23:17

Still cheap imho. Quite a lot of volatility during the day so chances to pick up cheaper still. There seems to be a uncertainty about the future direction here but looking at the candlesticks, isnt moving much either way. Today was a good day and hopefully tomorrow will build on it. Best chance for a upward move tomorrow i feel after yesterday

[t42] 01/5/2007 08:49

They say buy.
Fall due to unease about cash flow.
First half free cash outflow (£15m) due to investment in software, office move and training. Second half cash free cash flow £5.4m.
Free cash flow set to become positive.
"Recent confusion presents a great opportunity to top up."

[jaydeee] 30/4/2007 19:12

was in this weeks investor's chronicle apparently. anyone see the article?

[barius] 30/4/2007 16:43

Still cheap, good company - happy to hold.

[papalpower] 26/4/2007 15:34

JayDee, it was on a III email that came through I think. Anyway, the article was definitely on the III site.

[paul140352] 26/4/2007 15:06

Quite right my friend, he was way out on SOLA !!!!!!

[jaydeee] 25/4/2007 14:56

papalpower - which message board did u find this on? All of EK's points have been addressed, and if he would read the whole statement carefully, he would have a completely different picture. The problem is he chooses to ignore all this because it suits him. He has been shorting these shares from below 400p. He has very influential friends, who spread his views around for him, and help him achieve his targets.
The silver lining is - he is not always right, and when he is wrong, he is spectacularly wrong.
I can't see any miracles on Vanco' shareprice now. It will be a long hard slog, with the shares going up and down. Only positive news flow and proof that the company will continue to generate cash flow will have a real bearing on the shareprice. But when this happens (and inveitably it will), EK and the other people who folowed his advice will have to get out in a hurry and the share price will just run away with itself.
I would also be interested to see who they appoint as FD. If EK is right, no one will go and work for a company where there is no growth story and they just manipulate numbers. If Vanco appoint an experienced FD with a good track record, it will just be a another proof against EK (not that he would admit it).
I don't make predictions, but I reckon that EK forgot a 0, and that's a 0 after the 1, not before the 1. Might take time, but will get there

[monkeymutha] 25/4/2007 09:30

how do you know I've got a cat?