Velocity Composites Share Discussion Threads

[jakleeds] 04/2/2011 08:29

And should break out today I reckon....

[jakleeds] 03/2/2011 18:41

Cracking reversal.

[pro_better] 03/2/2011 09:45

jakleeds -

thats the reason i am not selling although a ten bagger already is quite tempting...

[jakleeds] 02/2/2011 22:56

Should be a trading statement and possibly final results in the next few weeks. And remember there's this:

Velti PLC (VEL.LN), a global provider of mobile marketing and advertising technology, announced Tuesday it has won significant contracts with several large mobile telecommunications operators and expects the combined contract wins to contribute around $10 million in revenue in the fourth quarter of 2010

[matt123d] 01/2/2011 22:26

Yes nice recovery in the US

[jakleeds] 01/2/2011 21:43

Closed at the equivalent of £8.76 in the US ($14.16)

I expect normal service to be resumed tomorrow. The fact that we closed above 8 quid is bullish imo. Tenner before long.

[pdm] 31/1/2011 08:30

gr8 opportunity, these are trading over £1 below US close....surely arbitrage opportunity, these are below the radar for now!

[pro_better] 31/1/2011 08:28

mutual funds getting in will push it higher imho...

[battlebus2] 30/1/2011 11:36

Not for a while yet i suspect you may see more corporate activity in the months ahead.

[supersturrock] 30/1/2011 11:32

I know the Yanks put these tech stocks on much higher ratings than us but I am finding it very difficult to decide when to take some profits. the company isn't even profitable yet !

[battlebus2] 30/1/2011 11:15

$20 on the cards and £12 here easily.

[m.t.glass] 30/1/2011 10:57

Shares closed at $15.58, 29.8 pct above IPO price

[m.t.glass] 28/1/2011 22:58

With all the hype surrounding LinkedIn's filing to go public, the one question being asked a lot is, "how do we know if tech IPOs will do well in today's market?" Good question, and this morning, we have an answer.

Very well, thank you.

San Francisco's Velti dodged the hype, and quietly went public on the Nasdaq this morning. Quietly, unless you're a shareholder, in which case you're screamingly happy. Velti - trading under the symbol VELT - provides mobile marketing and advertising technology, to help advertising agencies and mobile operators get the world out.

Apparently, it's a hot spot, because as I write this, the stock is doing very well on day one .. let's see, up 23 percent from its 12 dollar a share starting price. The company tells me it reaches 2.5 billion consumers around the world, and has some 600 customers. Mobile advertising is catching on these days, as Apple and Google can attest. Investors seemed pleased with the idea of taking a risk with Velti, at least out of the gate.

So, if you're wondering about the appetite for tech IPOs, now that we finally seem to have a bunch of them, look no further. We've got one, and it's doing fine.


Scott will keep track of this one. You can track him on Twitter: @scottbudman

[jakleeds] 28/1/2011 22:41

Indeed, strong right into the close. Even more impressive with the Nas finishing down 2.5%.

Bodes well for next week. Tenner on Monday?

[matt123d] 28/1/2011 21:29

Closed $15.58 = 980p

Excellent first day of trading with very good liquidity.

[jakleeds] 28/1/2011 20:55

15.25 U.S. dollars = 9.63 British pounds

Stunning performance given Nas is now down 2.5%

[matt123d] 28/1/2011 19:38

Holding up well considering the Nasdaq is off over 2%.

[marketshaker] 28/1/2011 17:13

Been a holder since it was at £1.40 ( about 3 years ago). seen this go steadily up but the movement in the last 12 months has been phenomenal. As always, wish I'd put more into it but mustn't grumble. Will be a nice weekend.

[felix99] 28/1/2011 16:39

$14.2 currently I think

[matt123d] 28/1/2011 16:34

30k at 875p, that's more like it. Should be around 900p bid trading at $15 on Nasdaq.

[felix99] 28/1/2011 16:30

just had some at 760 and sold at 815 in about 10 mins :-). Probably should have held on but if Egypt kicks off big style.......

[pro_better] 28/1/2011 16:25

and to think EK has been shorting this one!!! lol

[pdm] 28/1/2011 16:24

nice little treat for the weekend this!!!