Vela Technologies Share Discussion Threads

[hootza616] 01/10/2018 08:07

Tyson - I have a chunk of Stellar Lumens. My feeling is that all crypto, Blockchain and mining stocks will rise 50-100% by Xmas and FTSE will drop 10 - 20% this month alone and not recover for 12 months.Just a feeling mind - DYOR!

[sweepie2] 01/10/2018 07:23

Argo, a UK-based provider of cryptocurrency mining services (LSE: ARB), is pleased to announce a ten-fold increase in its sold packages to 4,200, marking the first significant ramp-up of the Company's revenues since its Initial Public Offering in August of 2018.

The increase follows the successful expansion of Argo's mining platform announced on 6 September and completed ahead of schedule last week.

As a result, more than 3,800 new packages have been signed up with effect from today. The strong customer take-up has also led to the enlarged capacity being immediately sold out, as anticipated by the Company.

Argo will continue to add new mining capacity and offer more choice of currencies in line with its phased growth plans, which call for the deployment of sufficient capacity to support approximately 30,000 packages within the first 12 months of operations.

"We are delighted to achieve our first significant sales target ahead of our plans and the start of meaningful revenues for the Company", Mike Edwards, president and co-founder of Argo, said.

"The strong take-up of our service also indicates that demand of cryptomining services remains robust despite a recent downturn in the sector. We will continue to execute our growth strategy as quickly as possible to meet this pent-up demand," he said.

[ali93] 30/9/2018 14:23

Cryptos are behaving like gold stocks right now. If you beleive there is a financial crisis comming soon.i would not like to be out of these two sectors...will go to the moon !

[multibagger] 30/9/2018 13:48

Caveat emptor...the final results statement looks threadbare for commercially valuable content. Out of ideas and no strategy. Pie in the sky investments which are basically worth zilch. I was in for a short while as a trading punt and got out a long time ago when cryptos still had some steam.

VELA is heading for the rocks. Bail out while you still can.

[a_tyson] 30/9/2018 12:38

Is anyone here actually invested in cryptocurrencies?

[cl0ckw0rk0range] 30/9/2018 10:25

c60% down Anthony pull the finger out.

[cudmore] 28/9/2018 15:24

Just 60% down on my initial investment!

[daicaprice] 28/9/2018 09:12

Cheers Antony.

DC

[a_tyson] 28/9/2018 08:25

Crypto on the rise. Should see some interest here soon.

[dennisbergkamp] 27/9/2018 23:13

Evening Antony and thanks for that... Just followed you on Vela on Insta ;-)

D

[antonyvelatech] 27/9/2018 22:33

Good evening and thinking that it might be worth saying a few words following our results announcement earlier today.

If you look back to previous results announcements, you will note that we have not made any major announcements about our investee companies. The results we publish are, in many ways, more of a formality to comply with listing rules. I think you will find this applies to other companies like Vela.

Whenever we have any significant news in relation to an investee company then we will issue an RNS. Typically our investee companies want to manage the news they release as this may impact on their competitive position, confidentiality issues and the like. We hope and expect news to be forthcoming from some of these companies. I reiterate this point to them on a regular basis. This is part of the reason that in recent times we have tended to focus on companies close to or already listed as in this way investors can see what our investee companies are doing.

It's also worth highlighting a point which I have spelled out many times when meeting with investors. Almost all of our investee companies were born from a blank piece of paper. Often a result of personal experience. To take an idea and create a business can take a long time. This journey will be fraught with issues, delays and problems to overcome. Investors should appreciate this and invest based on a appropriate timeframe. I see investors posting on this board and elsewhere asking me to issue news and do something to get the stockmarket excited. This is simply not how it works. We have some very exciting companies in the portfolio, run by some very talented entrepreneurs doing great things that we hope will bring rewards for Vela shareholders.

Finally, and probably the most important point, which wraps together everything I have said so far. We try and post regularly across all the social media platforms. What we publish is always in the public domain but may be difficult to locate. It is the best way for you as investors / shareholders to see what our investee companies are saying and doing. Recent posts give a great insight into a few of our investee companies and help investors build up a picture. So please follow us there and you will pick up information which I think you will find helpful over time.


Antony Laiker
Vela Technologies plc

[dennisbergkamp] 27/9/2018 16:29

Be nice to hear back from Antony. Give us an update.

D

[hootza616] 27/9/2018 16:07

I think the lack of noise here says it all.

[volsung] 26/9/2018 12:13

cudmore I'd pick a new hobby if I were you

[cudmore] 14/9/2018 17:48

Only another 50% rise needed to get me back to my initial investment 😩

[sammydeals] 12/9/2018 23:37

New packages:We added a new coin - Horizen (formerly ZenCash) - and Komodo is coming soon. You can also get a new package with our old favourite coin - ZCash.....Email sent out... from team Argo, todayTook there time releasing more packages.

[bingham] 10/9/2018 16:58

Me to Dennis.

[dennisbergkamp] 10/9/2018 15:49

I’m tempted but I’ve already got a lot

Need to share the love 😂

D

[jerseymike] 10/9/2018 15:17

Would be good to know how many others think Vela looks very good value at these levels. Please up tick so we can work out if this company is on many peoples radar. I suspect not many and with results coming......who knows what might happen?

[maxmarilli] 07/9/2018 16:13

Finals last year were 22nd sept....we should hear some updates b4 that...i`m adding at this prices when i can...

[volsung] 07/9/2018 13:37

Val news is always imminent arab lol

[arab3] 07/9/2018 13:36

whilst on the subject
is VAL news still imminent ? lol