Vega Share Discussion Threads

[oiliphant] 11/7/2007 22:37

pretty awful chart formation

[suicidestu] 10/7/2007 09:33

sp - haven't been watching this for a while.

The original warning was for below market expectations. The results show an increase in profit, but was it still below market expectations. What were market expectations?

[spaceparallax] 09/7/2007 15:52

Interesting - seems to complement the existing VEG business.

[spaceparallax] 22/6/2007 13:28

The sooner we get the results out of the way the better. Our current problem appears to be investors concerns over the definition of 'marginally below expectations', which is causing the drift. To me marginal should mean 5-10% down; however, were that the case, it would seem hardly necessary to issue a TS - better to suffer only one share price reaction to bad news, rather than the two.

[spaceparallax] 15/5/2007 14:56

Interesting to see a steady recovery. So nice in contrast with the wild oscillations that sometimes plague such news.

[ianrichard] 15/5/2007 14:43

Yes underperformance of any description is going to spook some some investors but I agree, generally positive and looking good for the future.

[spaceparallax] 15/5/2007 10:13

TS seems generally positive, particularly for the future. Market reaction not too surprising given the spectre of marginal underperformance.

I'm happy to hold and probably top-up, if the drift gets silly.

[spaceparallax] 09/5/2007 14:55

Year-end update TS on 10 May last year - presumably it's imminent for this year.

[spaceparallax] 03/5/2007 19:20

No 300p today, but good nevertheless.

[spaceparallax] 03/5/2007 09:35

Can we break the 300p level?

[spaceparallax] 02/5/2007 15:38

Nice burst - not sure quite what's triggered it, but no complaints.

[spaceparallax] 16/4/2007 17:02

Superb day - not too far to 300p.

[spaceparallax] 16/4/2007 10:49

Looking very good.

[leytonorient] 16/4/2007 10:44

340p next stop?

[gerdmuller] 16/4/2007 10:34

Finally getting to where it should be.

Even at £3 it is only on a forward pe of 16 this year and 14 next.

[leytonorient] 16/4/2007 08:25

Not letting me buy 5k online, errr....cant even buy 1k any more. The mms must be short of stock

[leytonorient] 16/4/2007 08:20

Still going strong

[spaceparallax] 03/4/2007 15:47

WJC,

Would normally agree - however, I believe that the substantial institutional accumulations may ease things in that direction.

[wjccghcc] 30/3/2007 14:20

Not sure a PE of 20 is justifiable here given the limited growth opportunities in their space operations. The defence side is more interesting though.

[spaceparallax] 30/3/2007 12:36

Chart appears to have smashed through previous resistance - wonderful if we can close around the 260p level. As you say, modest forward PER, particularly for a company in which the institutions are showing a deal of interest - not inconceivable that we might head toward a forward PER above 20, if the fundamentals look sufficiently solid.

[gerdmuller] 30/3/2007 10:26

Yes, tech cos had a bad name a few years ago but now there are a few solid performers around on low multiples.

Vega is only on a forward pe of about 13 this year moving to 12 after that.

Also looks to me like a breakout to a new 5 year high which may bring in a few momentum investors as this co seems to have a very bright outlook.

[spaceparallax] 30/3/2007 09:56

Gerd,

Thanks for that. The only reason that I can really suggest for the rise is, bearing in mind the recent flurry of RNSs, that intistutions seem to be hoovering up loose shares, which in turn has removed any overhang, hence causing a rise because of demand.

Looking very solid.

[gerdmuller] 30/3/2007 09:39

This came out a week ago from a gaming co called Blitz but I would not think this is the reason. May have been a tip yesterday.


It (Blitz) has already been awarded a research and and development grant worth over £1 million to develop a game to train field surgeons working on emergency and trauma cases resulting from military action.

Together with the simulation company VEGA Group, they have formed the Serious Games Alliance R&D partnership.