ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

VEL Velocity Composites Plc

31.00
-2.00 (-6.06%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Velocity Composites Plc LSE:VEL London Ordinary Share GB00BF339H01 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -6.06% 31.00 30.00 32.00 32.50 31.00 32.50 35,829 13:19:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Aircraft Parts, Aux Eq, Nec 16.41M -3.14M -0.0588 -5.27 16.58M
Velocity Composites Plc is listed in the Aircraft Parts, Aux Eq sector of the London Stock Exchange with ticker VEL. The last closing price for Velocity Composites was 33p. Over the last year, Velocity Composites shares have traded in a share price range of 30.70p to 56.25p.

Velocity Composites currently has 53,468,368 shares in issue. The market capitalisation of Velocity Composites is £16.58 million. Velocity Composites has a price to earnings ratio (PE ratio) of -5.27.

Velocity Composites Share Discussion Threads

Showing 551 to 574 of 1250 messages
Chat Pages: Latest  26  25  24  23  22  21  20  19  18  17  16  15  Older
DateSubjectAuthorDiscuss
11/5/2013
21:00
"They are myopic, in fact"

I would presume the Canadians are pretty much the same, thats why I would like to see a dual listing in London.....

dreggs

dreggspicker
11/5/2013
14:41
Thanks Steve, have a good weekend yourself.


Interesting article about oil and gas investing generally, mixed prospects for juniors but Vanoil are an exception with a favourable mention about halfway down.




KS: .........However, in Africa for example, a lot of juniors are having fantastic success, such as Africa Oil Corp. (AOI:TSX.V). There are a lot of ongoing junior African plays that are very high-risk, high-reward plays that can see big lifts with a discovery.

TER: Is North Africa a safe place to do business?

KS: It depends where you are in North Africa. The Street tends to wipe an entire area with one brush, and sometimes that's justified. There are pockets in North Africa that one can operate in, though. Tunisia seems to be fairly safe for business. Obviously, Libya and Algeria are currently fraught with danger, and the Street does not want to go there. Morocco looks relatively safe. Despite the political disruptions, however, some business is done.

TER: Are there juniors in North Africa that investors should look at?

KS: The satellite juniors in the African risk play - Taipan Resources Inc. (TPN:TSX.V) and Vanoil Energy Ltd. (VEL:TSX.V) -are both funded and set to start drilling in the next six months. In Tunisia, there is Africa Hydrocarbons Inc. (NFK:TSX.V) as well as DualEx Energy International Inc. (DXE:TSX.V), which is going to be drilling its big well within 30–60 days. In Angola, there are a couple of drill plays getting funded.

TER: Are North American investors funding African plays?

KS: Most of the money comes from London. The Europeans are much more comfortable drilling in Africa than North Americans are. North Americans are very risk averse on the international scene. They are myopic, in fact.

dropside
11/5/2013
08:24
Hi dropside,
Hmmm - maybe I will, but, I have always had a bit of a blind spot about oil Companies, probably because I don't really understand them to be honest.
To answer your question, I still very much like Ferrex - greatly oversold in my view but with excellent management and projects - and also Strategic Minerals who have results due.
Just my view of course - and as always both have their risk / reward ratio.
Have a good weekend all.
Steve from sunny Cyprus :):)

cyprussteve
11/5/2013
07:07
Welcome to the board Steve, please keep visiting and maybe we will convince you to bag a few, East Africa is the hottest play around!

Is Ferrex still your favourite at the moment?

dropside
10/5/2013
20:17
Hi dreggs,
Guilty as charged :)
I am not a holder here, but, I have a good friend who is, so I sometimes have a little look at what is going on .
Ciao
Steve

cyprussteve
10/5/2013
12:38
who is our belgian friend?
napoleon111
10/5/2013
10:24
Hi-ya Cyprusteve, hope you are fit and well :+} you must be the one on the flag counter......
dreggspicker
09/5/2013
06:36
I read that on a Canadian BB. Apparently there was a new presentation on the Vanoil website but it is no longer there.
dropside
08/5/2013
20:56
Never heard the name before, could be.......
dreggspicker
08/5/2013
19:35
So our first well is to be called "Madogashe 1"?
dropside
08/5/2013
15:42
and I thought Napoleon ended up on the Isle of Elba :+} ..... glad you are staying around; Post any thoughts on here, can't have just me and dropie nattering......
dreggspicker
08/5/2013
15:25
You are in Monaco, Napoleon? Nice place.

Two thoughts from this VEL announcement - may be worth trying to buy a few depending on the price, and what do they mean start drilling in July? I'm sure they meant to say June :-)

dropside
08/5/2013
15:06
thought i would add a new flag to the thread :D
napoleon111
08/5/2013
07:30
News out on VEL;

clink on the top link for news and charts, for the full one, I recon we are going to drill these 2 wells on our own first before farming, lets just hope we don't get too diluted at this early stage...........

dreggs


"Vanoil Announces Offering of Common Shares
Print
Alert
NOT FOR RELEASE, PUBLICATION OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE
TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES
LAWS


Vanoil Energy Ltd. (TSX VENTURE:VEL), an oil and gas company with a portfolio of
assets in East Africa ("Vanoil" or the "Company") has filed with, and obtained
receipt for, a preliminary short form prospectus from the securities regulatory
authorities in British Columbia, Alberta and Ontario (the "Qualifying
Provinces") in connection with a marketed offering (the "Offering") of common
shares. The Offering will also be made in such other jurisdictions outside of
Canada where the Offering can be completed on a private-placement basis, exempt
from any prospectus, registration or other similar requirements.


The Offering will be led by GMP Securities L.P. ("GMP") and will be conducted on
a best efforts agency basis. The final terms of the Offering, including size and
price, will be determined in the context of the market, and the net proceeds
will be primarily used to fund Vanoil's previously announced 2013 two-well drill
program in Kenya commencing in July of this year. Vanoil has concurrently
launched a farm-out process to find a suitable partner for its 100%-owned blocks
3A and 3B in the South Anza Basin, onshore Kenya, where the wells are being
drilled, and the Company has an active work programme in place on its other East
African licences, with two seismic surveys completed recently and two further
wells to be drilled in 2014.


The Offering is subject to customary conditions and the receipt of required
regulatory approvals, including the approval of the TSX Venture Exchange. The
Offering is scheduled to close on or about June 3rd, 2013, or such other date as
the Company and GMP may agree."

dreggspicker
04/5/2013
21:22
A clip from the link:

.....Heading north to south down the east coast of Kenya, Africa Oil is active in Block 9, then Taipan in the middle in Block 2B and junior Vanoil [VEL:CA] is also set to spud its first well on Block 3A to the immediate south of Block 2B.

Much like Africa Oil's Paipai-1 well located on Block 10A, Vanoil's well will be specifically targeting cretaceous rock. Located at a deeper depth, the cretaceous presents a higher-pressure zone that Vanoil says is in the oil window. These predictions come from the positive results that Paipai delivered, which encountered 55m thick hydrocarbon shows.

Both Taipan and Vanoil are set to benefit from planned infrastructure in the play. Vanoil already has plenty of roads crisscrossing its block, but for both companies the biggest benefit is that of proposed pipelines that come through their vicinity.

"There are a number of pipeline routes that are under discussion right now, but the ones that are the most likely are about 175 kilometers to the south of our block," says Zive, as the Taipan team postures itself for future production. "But either way, even without a pipeline being built, we can truck oil out when the time comes after a potential discovery."

Before either junior realizes its commercial potential, many eyes will be on the neighboring projects of Africa Oil and its partners. Investors from the United States will especially be intrigued by the projects involving Marathon, as it would be the first US-based Kenyan oil success story.

The landscape of Kenya's oil story is set to make a big change, with several near term catalysts. The opportunity window for juniors in the region is closing fast, and the potential is about to be realized. It's going to be an exciting six months.

dropside
04/5/2013
19:57
I notice there has been quite a few visitors according to the flag counter, please feel free to add to the debate/salivation, even if it is just to say hi!
dreggspicker
04/5/2013
19:38
Thanks dropside,Sounds good,looks good,

Here is the map of the area from the link;
We are of course 3a3b, but really it is all about 3a;

Should be 2 spuds this year; Question is are we going to farm out before or after the first well ???

Do we feel lucky enough to do it after the first?

dreggspicker
04/5/2013
18:47
Several mentions of Vanoil in this piece. Exciting stuff.
dropside
04/5/2013
07:48
vel ended the doy at 29-30 down 10%, which is all meaningless when then spread changes like the tide.........
dreggspicker
03/5/2013
17:50
dreggs, nope my buy was at 12.5p, someone nipped in at 8:00 and bagged 11.9p. Good luck to whoever it was.

They are worth buying at these levels even as an arbitrage of 0.8 of a Vanoil share plus warrants IMHO.

dropside
03/5/2013
14:59
and we get the warrants do not forget;;;;;;;;;;;;;;;; just need news...
dreggspicker
03/5/2013
14:57
drops,
I have done the same, you got the better price yuo must have pressed the button bang on 8am, I am a slow coach.... :+{

dreggspicker
03/5/2013
14:51
oh that did not paste right!! any way it says 35 - 46.5 with only 2700 traded ....
dreggspicker
03/5/2013
14:49
mighty big quoted spread;


TSXV Chg % Curr Bid Offer High Low Open Volume Lst.Trd Trd.Vol Traded Flags RN Memo

VEL
Vanoil Energy Ltd
0.02
6.1%
0.35
0.35
0.465
0.35
0.35
0.35
2,700
0.35
2,000
14:55:55

dreggspicker
Chat Pages: Latest  26  25  24  23  22  21  20  19  18  17  16  15  Older

Your Recent History

Delayed Upgrade Clock