Velocity Composites Share Discussion Threads

[pro_better] 21/1/2010 10:13

no hype here. pure undervaluation.

[pro_better] 21/1/2010 09:06

tout tout!!

[eagle eye] 21/1/2010 08:59

Bookbrooker
Despite the share price rise of 35% over the past 2 weeks, the prospective PER is now around 10. This isn't vertigo, just an undervalued share price catching up with reality.

[nurdin] 21/1/2010 07:42

Volumes have been consistently high for last few weeeks.Either someone is accumulating or US investors,seeing the undervaluation of Velti compared to its US peers have been buying..imo

[evaluate] 21/1/2010 07:36

Much easier to buy companies like Velti than kill them off - with all the attendant bad publicity that dirty tricks bring.

It's not especially expensive right now given the space they occupy.

[bookbroker] 20/1/2010 22:32

Too much hype on this one, what goes up must come down, a very interesting co. nonetheless, at the end of the day scale counts and Google getting into this game, the leading online advertiser, Velti's could be brown bread before you know it, the big guns are beginning to target this market, what's to stop them keeping using to their clout to marginalise the smaller players. This co. might be profit-making, but it 's swimming in shark-infested waters, watch the rating!

[stegrego] 20/1/2010 21:57

As i said just after i sold )duh), suprising strength here.

Maybe its the takeover factor thats been and continues to push it higher?

[pro_better] 20/1/2010 15:56

imo it is written 350p all over it...

[stocktrawler] 20/1/2010 14:54

Also mentioned in the article I posted but this still doesn't effect its undervaluation relative to its peers

[nurdin] 20/1/2010 14:37

Veltis revenues at Euro65m would be some 7% below brokers estimate of Euro70m...seems to me the market isnt too bothered.Glad I kept some back lol

[evaluate] 20/1/2010 14:31

Looks like Velti is cheap as chips in cimparison.

Maybe they can get into a bidding war for Velti?

$1b anyone?

[stocktrawler] 20/1/2010 14:27

Correction: Millennial and AdMob are in process of being acquired by Google. Quattro is being acquired by Apple

[stocktrawler] 20/1/2010 14:22

Here's a nice piece weighing up the relative value of Velti versus US players Millennial and AdMob operating in the same space that are currently in the process of being acquired by Google and Apple respectively:



Mobile Marketing Firm Velti Forecasts $106 Million in 2009 Revenues
Comments (2) Text Size: A A Print Email Share MocoNews Contributor Jeremy Laws runs a digital entertainment advisory and writes the industry blog Cabana Mobile.

Velti, a UK-based mobile marketing and advertising firm, which bought Ad Infuse last year, released preliminary numbers yesterday for fiscal year 2009. Velti said it now expects revenues to exceed $106 million for the year, representing 24 percent growth over 2008.

In the last year, the company claims to have run more than 2,000 campaigns for 450 brands, and indicated that demand for its products remains strong, reports StockMarketsReview.com. While the company is trying to spin the earnings as "in-line," many analysts had them pegged in the $115 million range, so the company's stock took a 3 percent hit in London trading yesterday.

It'll be interesting to see the rest of the numbers when the full report is released in the next few weeks. Despite the near miss, Velti is probably the biggest player in the mobile advertising space with revenues more than double those of hyped U.S. plays like Millennial and AdMob (in the process of being acquired by Google (NSDQ: GOOG) for $750 million), and at least has five times the revenues of Quattro (which is being acquired by Apple (NSDQ: AAPL) for a rumored $275 million). Oh, and by the way, these guys actually turned a (real) net profit last year. One wonders why, in light of Velti's performance and the recent frothy valuations of other companies in the sector, is its market cap is only around $153 million?

[evaluate] 20/1/2010 14:13

Maybe it took a couple of days for people to read the pre-closing update.

Looked pretty good to me.

[stocktrawler] 20/1/2010 14:04

Share price on the move with significant increase in volume. Any news?

[pro_better] 19/1/2010 15:17

weak holders out, smart money continue buying :)

just joking...

[supersturrock] 19/1/2010 15:12

Hello, newbie holder here. Was hoping to buy on a retracement but not taking the risk. I think the title of the thread might say it all.

[stegrego] 19/1/2010 12:59

Ive sold 100%, big rise last month or so.

The share price does seem strong and could well go higher. I think the forecasts are a big ask unless growth increases.

[nurdin] 19/1/2010 06:59

My sentiments too GHF..I have sold 60% of my holding which was all profit..running with the rest.

Might buy back if there is a dip.

[glasshalfull] 18/1/2010 21:28

Statement provided mixed update IMO.

* "Broadly in line" = slight shortfall on expectations.

* No mention of cashflow. I'd have liked some confirmation that the company was now cash generative.

* Breadth of client wins is quite staggering. Momentum clearly building.

* 2010 outlook for both company and market very bullish.

Given rise I've top sliced a few.

Regards,
GHF

[eagle eye] 18/1/2010 20:56

The prospective PER of around 8 is well below the sustainable growth rate despite the 25% rise over the past month. I expect the MM to shake the tree, picking up cheap stock over the next few days. Traders looking for a quick turn will be happy to take a quick profit, but I think investors with a longer term horizon could be well rewarded here.
Eagle Eye

[evaluate] 18/1/2010 10:53

aldridge,

Time will tell.

Velti are in a VERY hot sector right now - and should be on a pretty undemanding rating with a fairly decent balance sheet.

Think these are a bottom drawer job.

Come back in 5 years to find they've done 'an Autonomy'. I hope!

[aldridge] 18/1/2010 10:49

sell on the news perhaps!! I sold some at 252p.. time will tell

[jakleeds] 18/1/2010 07:17

There you go nurdin, in line.