Vela Technologies Share Discussion Threads

[daicaprice] 25/6/2018 18:50

It’s just gone off the radar, good and sound CO with good investments for long term.

DC

[moormoney] 25/6/2018 18:47

I hope so!

[imjustdandy] 25/6/2018 08:14

Massive re rate coming. Too many good investments now .

[gersemi] 21/6/2018 07:48

Yes, it could be one of those stocks that grabs the imagination of the market and that means one thing, price appreciation

[gersemi] 20/6/2018 21:24

Does anyone know the date of the ARGO IPO?

Just been on ARGO's site and all their packages are 'sold out'....

[antonyvelatech] 20/6/2018 15:29

Worth listening to this podcast interview with Luke Massie of Vibe Tickets which is only a week or so old and gives investors some insight into him and the business.

hxxps://soundcloud.com/user-561237531

Worth getting through it even though it is an hour long.

Antony Laiker
Vela Technologies

[moormoney] 19/6/2018 13:30

We are very fortunate imo.

[dennisbergkamp] 19/6/2018 13:22

Its great getting commentary from Anthony on this BB (even via the LSE BB). That in itself makes me more confident about Vela.

D

[edcrane] 19/6/2018 13:14

I am also participating on the LSE Bulletin Board and have just posted the following. I thought it might be helpful to post the same here


"We were also disappointed with the recent news from Vibe. Not how we had hoped. What happened has been well documented and we could so easily be here today with the exact opposite outcome. This is the risk with early stage companies.

I cannot add too much to today’s news other than to point you to the final paragraphs of the previous Vibe RNS for you to read again. We now have the right structure in place to take Vibe forward.

Many of you have taken a very keen interest in Blockchain / Crypto(mining) and I urge you to do similar with Vibe and the ticketing business. Luke Massie is a very highly regarded young entrepreneur in this field and was recently selected as one of Forbes’ 30 under 30 for Europe.

I have been at numerous meetings with Luke and his knowledge and understanding of his business is something to see and hear. I realise this is not a guarantee of ultimate business success but it is an important factor when looking to back a business.

As the saying goes, a little, or no, knowledge, is a dangerous thing. So before posting negatively, check him out, understand the business and dynamics (follow “Fanfare Alliance” for some good background). How the sector works against real fans who are forced to pay excessive commission on top of vastly inflated ticket prices in the secondary market from a seller that could be the primary ticketing company itself that may have been given the tickets for nothing! And you will never know. These huge ticketing company are being pressured to change but they are so big and cumbersome it is very difficult for them to change quickly.

I hope this gives everyone a better understanding."

Antony Laiker
Vela Technologies

[temelco] 19/6/2018 12:48

I'm anti vibe...

[cudmore] 19/6/2018 10:11

Vibe tickets is growing every day. Could be a great money spinner for VELA

[moormoney] 18/6/2018 09:36

I agree sweepie

[sweepie2] 18/6/2018 07:53

How refreshing to have a CEO willing to communicate instead of hiding behind rules and regulations to stay quiet

[moormoney] 18/6/2018 00:58

Antony this is an excellent strategy and in my opinion shows forward thinking that will be beneficial for shareholders and the company. The market definitely needs to be educated as analysts and fund managers are also woefully ignorant about blockchain.
I have had several attempts to convince my contacts to be less negative about it.

[antonyvelatech] 17/6/2018 20:54

I agree regarding the market needing to be educated. It is a lot better now than it was 6 months ago but there is still a long way to go. To start with, the market needs to understand that Blockchain and Crypto are two different activities. Crypto is dependent on Blockchain but not the other way round. Blockchain activities away from anything to do with Crypto is enormous.

Neither I nor anyone can give you guidance on the share price. Vela will continue to update the market as and when it can on its investee companies. As you have said, Vela has some exciting investments. There has been a good amount of newsflow which we expect will continue.

Robotics, Automation and artificial Intelligence are all exciting areas in which to invest. However, any investment would need to fit into our strategy and the valuation would need to make sense. We have not seen anything in this space to date.



Antony Laiker
Vela Technologies

[antonyvelatech] 17/6/2018 18:59

Nico115, we are not aware of any reason why we should not post here. It is safe to say that Nomads would generally advise against it and instead recommend using a PR / IR company (£25/30k per annum); do interviews with Proactive (£7k per annum); investor shows £6/8k each in some cases; Vox Markets £6/8k per annum and more. We have dipped a toe into this when offered inducements to engage these organisations, but we cannot justify the expenditure.

We recognise that there is a greater level of interest in Vela and we know the rules of what we can and cannot say. We hope that being available to investors to comment on an ongoing basis, just as we might be at an investment show, that we can give a wider group of investors a better understanding of Vela.

Finally, regarding Argo, we will issue an RNS in the normal way as required.

Antony Laiker
Vela Technologies plc

[antonyvelatech] 17/6/2018 18:16

Bapodra-Investmetns, this type of question is exactly what I thought one of the benefits might be of participating here. We have always been prepared to discuss matters such as this and have done so at investment shows and other investment events.

Until the final quarter of 2017, and this Board and others reflect this, there was little or no interest from investors in Vela. Investments shows and video / online interviews seemed to make no difference. It was only when the BTL share price started to rise strongly that investors picked up on Vela. It is important to understand the background to where we are now.

Regarding comparing KR1 and Coinsilium and comparing them to Vela, other than the fact that the share prices of all three companies will be driven by sentiment towards the sector, the are each very different propositions. KR1 is a “trading”; business compared to Vela which is an investment vehicle in early stage business that can take several years to evolve from a blank sheet of paper to one generating revenue and profits. Coinsilium is more of a hybrid of the others. Also KR1 has the ability to trade out of positions, whereas Vela, historically, has been largely invested in private companies.

More recently, a theme of our strategy has been towards investments that have, or are close to having, a listing on an Exchange. This helps with attaching a value to Vela for the sum of its parts. The imminent floatation of Argo Blockchain is a good example. WE may not stick to this religiously but it is a strong preference.

One of the drivers for this is that the valuations sought by early stage “technology221; companies are very difficult to justify given the inherent risk and the timescale for which we would need to commit investors money. I still meet with these companies as you never know there could be an opportunity. But I have not met any company in recent times which I thought was investable that had a valuation attached to it that could be justified.

I hope this answers your question.

Antony Laiker
Vela Technologies

[nico115] 16/6/2018 13:41

Never knew ceo we're allowed to post on B.B. Are you going to invest in Argo at 16p and if not why not? Is is a case you bought enough at 8p?Thanks Nico

[daicaprice] 16/6/2018 12:55

Excellent stuff Antony, I do and will certainly carry on sharing all #VELA tweets as @daicaprice

DC

[antonyvelatech] 16/6/2018 12:41

As you might expect, I periodically check in to this Board.

I receive communications from shareholders / investors asking for more information on various matters. It is not always possible to answer some of these questions often due to either confidentiality or regulatory issues. These might seem excessive at times but we have to live with them.

However, what we do try and do is keep our social media as active as we can across all main platforms. Sometimes, these posts will relate to coverage of or matters relating to our investee companies in the media. At other times, there may be news around that our Nomad advises us as not of sufficient importance, according to AIM Rules, to issue an RNS. In these cases, we may feel investors would still be interested to be made aware. All in the public domain but not always immediately available to investors. Where possible we will also comment.

I would urge everyone on the Board to follow Vela Technologies on social media and promote us more widely where possible.

In an attempt to cover the above and make it more effective and widely known across a larger group, as well as to correct inaccuracies I read here from time to time, I would propose the following.

I would like to try and be involved on this Board. Initially this will be on a trial basis and there will be some ground rules which I have outlined below. If I am inundated and find it takes up too much time or find the questions being asked are not appropriate, then it may be that I have to stop. But happy to give it a go.

1. There are very strict AIM Regulation rules which I will not break. Please respect this.
2. Do not ask me for any advice.
3. It is extremely unlikely there will be an immediate response to any questions.
4. Vela is an “Investing Company” under the AIM Rules with minority stakes in investee companies. Whilst we are in dialogue with these companies, we are nearly always restricted on what information we can disclose and, if we can, this is communicated via RNS. However, there may be media coverage which we would look to pass on via social media.
5. Following on from Point 3, Vela is an arms-length investor. Please do not ask technical questions. Google, I’m sure, will be able to help you better.
6. There are periods during the financial year, ahead of publishing results, where I may be even more restricted on what I can say.
7. If I do not respond to a question or comment, you should not interpret this to imply anything positive or negative.
8. Finally, should members of this Board be unable to adhere to these reasonable ground rules, then I will stop participating.

So let’s give it a go. I will be as helpful as I can


Antony Laiker
Vela Technologies plc