Velocity Composites Share Discussion Threads

[aldridge] 30/4/2009 11:03

nice to see but very low volume must be a buyer and a shortage of stock.. I for one wont be selling my holding at this level!

[nurdin] 30/4/2009 10:22

There she blows :o)

[nurdin] 30/4/2009 07:55

Am I the only holding these? Am expecting a strong move today...

[nurdin] 29/4/2009 12:42

Velti are forecast to do 27p this year,thats 54% up on last year.That puts the share on a pe of just 5 for the current year.PE drops to 4 next year on brokers very conservative forecasts of 32p.Id be very surprised however if they dont do atleast 35p next year.

[nurdin] 29/4/2009 08:41

These have been left behind...now attracting attention..lovely :o)

[nurdin] 22/4/2009 14:18

Off to the races :o)

[nurdin] 22/4/2009 12:35

Current year PE of 4.8....broker has a target of 300p.Seems to have woken up now ..:o)

[pro_better] 22/4/2009 12:12

http://www.advfn.com/p.php?pid=staticchart&s=N%5EVELT&p=5&t=15'>

[cambium] 21/4/2009 11:02

seller cleared I think Nurdin

[nurdin] 21/4/2009 10:55

These have been left behind...time they started moving ...

[nurdin] 08/4/2009 11:06

Starting to move...way too cheapp here imo...

[nurdin] 05/4/2009 20:25

dunno but this is one of the cheapest stock I know both on PER and PEG basis.Have been growing earnings by near 100% year on year for last few years and forecast to up revenuies by another 40% this year despite the adverse economic conditios.I cant explain why the shares are so lowly rated...

[abc125] 05/4/2009 20:21

Is there a stock overhang here?

[nurdin] 03/4/2009 14:34

Blimey ticked up...tipped in IC?

[mattb3] 30/3/2009 16:35

I agree with hashertu, great results but the cash flow is very poor - something strange in that trade receivables number - why do these guys have a problem getting customers to pay? or do they offer great payment terms to get the sale but that could backfire on them?? would be interested to see the house broker note and see what they say as they will no doubt have the company explanation.
Stock looks dirt cheap on p/e , ev/ebitda etc but means nothing if they are not generating cash.
Im a holder and want them to succeed but not feeling totally convinced at the moment.

[nurdin] 30/3/2009 16:03

Looks like there has been a big seller around.probably one of the institunal holders....we need that to clear before we can make progress

[nurdin] 30/3/2009 12:49

Brokers were forecasting earnings of 26.4p before todays results for 09..They might have upgraded now based on the very bullish statements being made by the company.However even on the unchanged forecasts of 26.4p,the stock is trading on an earnings multiple of aroun 4 for 09.Way too cheap imo.

Hopefully the press will pick up on the story this week and we will see a deserved rise in the share price

[aldridge] 30/3/2009 12:32

well as usual for Velti - sparkling results --- price unchanged. A historic PE of 8 ish looks pretty tame given their track record

[hashertu] 30/3/2009 11:49

Nurdin. I agree, very encouraging.
However, I would feel more comfortable if they could significantly reduce trade receivables.

[nurdin] 30/3/2009 07:30

Smashing results :o)


Financial Highlights
+-----------------------------+-------------------+----------------+--------------+
| | Year ended | Year ended | Change |
| | 31 December | 31 December | % |
| | 2008 | 2007 | |
| | EUR'000 | EUR'000 | |
| | | | |
+-----------------------------+-------------------+----------------+--------------+
| Revenue | 52,450 | 19,866 | 164% |
+-----------------------------+-------------------+----------------+--------------+
| Adjusted EBITDA | 12,759 | 7,975 | 60% |
+-----------------------------+-------------------+----------------+--------------+
| Adjusted operating profit | 8,774 | 5,441 | 61% |
+-----------------------------+-------------------+----------------+--------------+
| Adjusted profit before tax | 7,931 | 5,016 | 58% |
+-----------------------------+-------------------+----------------+--------------+
| Adjusted EPS (in eurocents) | 20.0 | 14.1 | 42% |
+-----------------------------+-------------------+----------------+--------------+

[nurdin] 19/3/2009 10:14

Results on 30 March...will motor I am sure :o)

[nurdin] 19/3/2009 10:05

A very quiet board.I have bought a tiny few on the strength of a recent brokers note which is forecasting EPS of 17.3p for the year just gone,26.4p for 090 and 31.8p for 2010. (£1=Euro 1.1)Thats a forward multiple of just 3.77.Way too cheap for that level of growth imo

[rocketblast] 28/2/2009 16:52

looks like £1 or less on the cards..... risky and scary in this market...

[carlos panda] 09/9/2008 18:58

Interims look good, as do the prospects so I'm holding and will top up later in the year.

Unfortunately, like many PIs, I have to extricate myself from some poor stocks before I can add to the better ones.

[aldridge] 09/9/2008 18:51

bullish statements today and confirmation of results previewed in July. Shares inch up. I guess not bad to have held their own in the current market over the last few months