Share Name Share Symbol Market Type Share ISIN Share Description
Vela Technologies Plc LSE:VELA London Ordinary Share GB00BYZ9XC29 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 0.085 3,000,000 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.08 0.09 0.085 0.085 0.085
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media -0.16 -0.02 1
Last Trade Time Trade Type Trade Size Trade Price Currency
10:31:44 O 1,000,000 0.081 GBX

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Date Time Title Posts
15/10/201915:11Vela Technologies2,640
27/9/201907:45Podcast On VELA-

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Vela Technologies (VELA) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-10-15 15:01:480.08837,355695.00O
2019-10-15 13:54:340.081,307,1821,090.19O
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Vela Technologies Daily Update: Vela Technologies Plc is listed in the Media sector of the London Stock Exchange with ticker VELA. The last closing price for Vela Technologies was 0.09p.
Vela Technologies Plc has a 4 week average price of 0.07p and a 12 week average price of 0.07p.
The 1 year high share price is 0.38p while the 1 year low share price is currently 0.07p.
There are currently 1,452,958,416 shares in issue and the average daily traded volume is 2,621,433 shares. The market capitalisation of Vela Technologies Plc is £1,235,014.65.
bapodra_investments: Yes, imjustdandy I agree that patience is required. I also agree with you that the BTL investment is capable of doubling Vela's share price as we saw when Vela hit way over 1p. However, I think that was more to do with speculators jumping on and trading Vela to make a quick gain as when the crypto market went on a downtrend Vela followed very quickly as the BTL share price also declined rapidly. For me even if the BTL share price keeps rising then that alone is not enough. The reason BTL shares are rising is likely to be because there are more buyers than sellers. If when the BTL share price is constantly rising there are not more buyers than sellers for Vela than it will not relate to the share price. Investors have got to invest in Vela more than what traders / investors are selling for Vela's share price to increase. Valuations of the companies Vela has invested in does not always translate to its share price as we are all seeing now as a lot of people have commented that Vela seems very undervalued. They may be correct which demonstrates the point I am trying to make. Let's see if when Argo lists if it makes a material impact on Vela's share price rather than the rise and fall we all witnessed yesterday. Does anyone know for sure if Argo is listing on the AIM market or even the main market?
imjustdandy: Patience required. BTL investment is capable of doubling vela share price alone. There's talk of Argo listing on Aim on 3rd August too. Plenty good stuff coming for Vela.
bapodra_investments: KR1 has a market cap of around £15m. Coin has a market cap of around £9m. Vela has a market cap of around £4m. You could argue that Vela has a more diversified portfolio of investments. What is interesting is that Vela is on AIM which is more liquid than NEX which KR1 and Coin are on. All three are involved in the crypto / blockchain space. To me it does not matter which is the better run business or who has the most exciting investments, etc. This is all a matter of opinion. What is important is the performance of the share price. Why are there no new buyers or existing buyers adding enough to move the share price upwards? Once that reason is established then it will become more clearer what Vela needs to do to please its shareholders. I will add some suggestions in the mix. The revenues / profits of Vela are not significant enough yet. The equity stakes Vela takes are relatively small so even if there is an increase in valuation of those businesses it cannot be significant. I think the key point is that we are investing in the performance of Vela so for example BTL could have huge turnover and increase profits year on year but Vela will only get a small uplift of that based on its percentage equity stake. It is difficult for new investors to invest in a business for which there is little turnover and profits. It takes a long time for some of these equity stakes to be sold and a long time for these businesses to succeed / fail. This all impacts the performance of the share price. Vela is a long term hold and if it does spike up short term then it will be down to the speculators.
bapodra_investments: Vela has a market cap of around £4m depending on price fluctuations at the moment with the share price. Just out of interest what realistic valuation are you applying to the total assets of Vela and why do you think the current price is a crazy price going forwards say six months in advance? Bearing in mind the stock market generally looks say six months going forwards and applies a future discounting mechanism why is Vela oversold? I would be interested in hearing your views as I may learn more about the valuations others are applying to Vela and their reasoning behind it. My experience tells me that generally a share price is where it is for a reason once the speculators have been in and out which seems the case with Vela. It may get to a market cap of around £5m to £6m but at present I cannot see beyond that until there is evidence of significant and substantial increase in the valuations of the companies Vela has taken a stake in. This may happen but it could take several years and I don't get the impression it is imminent unless BTL starts motoring like before or speculators jump into Argo and drive the price up after the IPO.
bapodra_investments: I think we need to put things in perspective. If Vela has small equity stakes in these companies and their stake is valued at small amounts then when you add them all up do they equate to higher than the current valuation? There is a reason why Vela's share price is where it is. Don't get me wrong I am an investor as I liked its exposure to Blockchain and at the time it was one of those rare stocks listed on AIM that did. I like BTL Group from a Blockchain perspective so to get exposure to it via Vela plus some more was appealing. When BTL Group saw its share price rocket up is the same time when Vela's did. This was also the same time Bitcoin was shooting up towards $20,000. I think BTL share price increase could be a catalyst for Vela.
bapodra_investments: There is no point in a quick spike and back down again as this share price behaviour only suits traders. For investors you need a clear appreciation of the share price that does not come crashing back down. Instead it consolidates before the next leg upwards. That is what we need to see with the Vela share price.
bapodra_investments: The most important thing for me is the share price increasing for Vela Technologies PLC. For this to happen the valuations of the companies that Vela invests in must go up. For them to go up there must be reasons why those valuations are going up. The best ideas, the most intelligent people running the businesses or having access to lots of capital does not necessary relate to a positive and appreciating share price. There is serious improvement needed in the share price performance for Vela Technologies PLC. The recent spike was clearly speculative and that is fine for short term traders but for long term investors there needs to be a steady increase in the share price. I accept there could be liquidity issues but for me the next six months will be crucial for Vela Technologies PLC.
antonyvelatech: 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
bapodra_investments: Antony, This is excellent. It shows you are willing to adapt and change. I do have one question and it relates to strategy. I am also invested in Coinsilium and KR1 (formerly Kryptonite1) both operating in the crypto/blockchain space and listed on NEX Exchange. KR1 has a higher market cap and I feel this is to do with their strategy of making gains and realising profits so that when the end of year accounts are released there is something to see and an end product for the year. They seem to be doing better in terms of their financial results hence the larger market cap than say Coin and Vela. Vela can make all the investments in the world. I accept some will fail. For shareholders to benefit from an increasing share price in Vela then Vela needs to realise gains and start reporting meaningful profits otherwise the share price will only move upwards based on speculation and then come down and this will just keep on happening. We all know the potential that Vela has but share price moving upwards and staying upwards is what we are all looking for. What is Vela's strategy to achieve this?
bapodra_investments: Just checked and BTL is up 30% + on TSX. BTL was shy of $20.00 during its run up to its all time high. At present it is just shy of $8.00. If a rerate happens for BTL then the Vela share price will start to get very interesting.
Vela Technologies share price data is direct from the London Stock Exchange
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