Vebnet Share Discussion Threads

[wole] 16/2/2004 09:18

Same here tuffbet! And the same thing always happens, it gets more expensive before I get the chance!

[tuffbet] 16/2/2004 09:13

Bang goes the chance of getting more today at a lower price.

Its beginning to look as if its a case of what you have you hold but you are not going to get any more unless you pay at least the offer - not good news for a tight fisted investor like me, I want to pay less for everything that I know is worth owning long term

[toyminator12] 16/2/2004 09:01

Seems the coverage of the results over the weekend is slowly filtering through to the share price. Dont think this little beauty will remain a secret too much longer.

[tuffbet] 15/2/2004 23:23

The Herald gave the results decent coverage but there was nothing in the FT which I suspect does not give much coverage to AIM stocks
I am hoping a quiet spell for a day or two might give me the opportunity to get more at a lower level but I suspect there will be lots of others ,including Liontrust looking to do the same thing so it might be a case of being patient and waiting for the market to have a few successive bad days

[toyminator12] 15/2/2004 14:44

This is in a couple of sections of The Times

Vebnet, the employee benefits company, expressed confidence about achieving significant second-half sales growth as it unveiled a widened first-half loss of £610,000, against £516,000 a year earlier.

[toyminator12] 15/2/2004 14:44

Well now the dust has settled, the results do seem to have been well received. There is coverage in the Times again and this nice article from the Scotsman.



Lets see what the week brings.

[toyminator12] 13/2/2004 10:58

Its ok, all better now

[tuffbet] 13/2/2004 10:46

Sorry don't us Self Trade

[toyminator12] 13/2/2004 09:59

Either of you two use self trade ? - there web site seems to be 'broken'.

[toyminator12] 13/2/2004 09:58

They are effectively blocking all but people with enough cash to pay well over the odds for the stock. Bit shabby if you ask me.

[wole] 13/2/2004 09:48

If someone comes along wanting to buy a large amount the price will shoot up. They've got to get more stock somehow.
Like tuffbet said earlier, there should be some positive press comment tomorrow. I feel pretty certain there'll be quite a few people who will want to take a stake for future value.

[tuffbet] 13/2/2004 09:45

Its frustrating but there is a lesson there for all of us ie buy on the "bad days" ie when the price is going down -its hard to do but its theonly way sometimes - I pai more than I wanted to but as I said in an earlier post that really doesn't matter if this turns out to be a real growth stock

[toyminator12] 13/2/2004 09:27

Just tried to buy 200 online and got rejected. A shortage of stock in one thing but this is just ridiculous.

[wole] 13/2/2004 09:06

I would suggest there is a very good chance these will be at least 250p by the FY results in 6 months.

[toyminator12] 13/2/2004 08:07

Not sure about those loss figures wole, new client list boasts some impressive names though - Nationwide BS and imperial tobacco. Looks like the prospects are very bright indeed !.

[wole] 13/2/2004 07:20

Very strong set of results from Vebnet. Operating loss outperforms analyst expectations by some 30%! Order book remains strong also and company is confident of breaking even this year.

Good stuff!

[tuffbet] 12/2/2004 22:50

Is anyone aw

[tuffbet] 12/2/2004 22:17

Did anyone spot the deliberate mistakein my post earlier today?

In my rush to get my post in before I went out I wrongly attributed the quote to Barry Riley of the Financial Times whereas it should have been attributed to Thomas L Hansberger of Hansberger Global Investors Inc.

Barry Riley's quote re the book was ..

"An intriguing study of the psychology and market dynamics underlying technology-based stock market manias"

Why should investing in companies such as Vebnet at an early stage in their life should be even more rewarding than having the same capital invested in a long established company with a record of progressive growth of earnings ? I think the best explanation I have seen to date was in an article which appeared in the Finacial Times a few years ago and for the edification of anyone on this thread who is interested I have set out the quote below - unfortunately I cannot remember who said this all that I can recall was that it was the CIO of an international investment management company. Thhgs change even faster now than they did then so I think it is a timeless quote .

"Company performance does not revert to the mean. In general terms businesses are created,grow quickly and experience rising profitability. At some stage however their excess returns are competed away.Their growth rates fade and more normal performance is delivered - eventually they will disappear.

The window of opportunity for most companies to deliver exceptional returns is limited "


Is Vebnet the right company ,will it turn out to be a growth stock all will be revealed in due course .

[toyminator12] 12/2/2004 16:30

I think its a bit like tuffers said, who clearly knows the workings of this little baby a lot better than I, its a giant in the making so will take a little time thats all. Even if that is against my instincts as a shorter term trader shall we say. The stock shortage is going to play a big part also, i couldnt get even 1k on line this morning, hence getting in above the anti. In fact they are so short of stock, i think i could class myself as a major shareholder !.

[wole] 12/2/2004 16:21

I just took an online quote. They'll pay me the mid price (143.5p) to sell. I was unable to get quotes to buy 250! They'll sell me 100 for 146.93p!

Looks good for tomorrow.

toy - If I had £17K to spend I'ld also chuck it on these! Tomorrow you'll be larfing.

[toyminator12] 12/2/2004 16:08

Well i was the silly sod who paid 10% over the top so i hope someone throws the gorrilla a banana real soon !.

[tuffbet] 12/2/2004 12:29

Hi, back as promised. Sorry for the delay. I believe the key feature which has not yet been highlighted is the fact that the Directors include one Dr. Alister Nairn who holds approximately 900,000 shares - having bought 60,000 just a month or so ago.

As Dr. G.J. O'Neill is clearly the driving force behind the Company the Times article was right of course to highlight him but a quality Company should have not a single dominant personality but a sound Board with a mix of expertise. So, who is Dr. A. Nairn. My time is limited today so can I suggest that the best way to grab a quick overview is to go on to amazon.co.uk and search for a book called "Engines That Move Markets: Technology Investing From Railways to the Internet and Beyond". If you then click on the author Alisdair Nairn's name you will see a paragraph about him. It is perhaps worth adding that since then Alisdair Nairn has resigned from his position as CIO of the Scottish Widows Investment Partnership and formed his own investment management Company called Edinburgh Partners.

He has already built up an impressive team in a incredibly short period of time and towards the end of last year they launched their first product i.e. Edinburgh Partners Global Opportunities Investment Trust. Not surprisingly, with his background the Trust took in £21m which was amongst the largest sums raised for such a venture during 2003. I can't recommend his book highly enough and I think the last sentence of Barry Riley's (Financial Times) review sums it up beautifully.......

"Sandy Nairn has combined his talents as a scholar, analyst and investor to guide us through the past and help us understand where the future has yet to lead us".

Normally, the price you pay for a share is extremely important and everyone likes to shave a pence off here and there when they can. However, in the case of Vebnet my personal view is that here we have what I expect to be a fast growing, excellently managed Company in what is really a newly developed sub-sector and if the earnings progress over the years as I anticipate then a few extra pence spent now won't matter much at all in the long term.

I have not bought these shares on the basis that the results tomorrow will be exceptional, although I think they will be good. I really just want to be in before the Company is widely recognised and the thundering herd of investors descend on it.

As usual do your own research and make your own decisions but my guess is if you spend a bit of time looking at the key individuals driving this Company then you might well come to the same conclusion as me with regard to the long term prospects and the fact that we might just be looking at a Company which could become the "gorilla" in its sector before too long.