Velosi Share Discussion Threads

[stegrego] 24/6/2009 12:44

Still nicely on track and undervalued.

(not nicely undervalued... oh you know what i mean!)

[robow] 24/6/2009 08:46

excellent AGM statement

[marvelman] 08/6/2009 18:57

Welcome to the board MeltonJ. We are getting some real action now and I believe its down to a seller out of the way although it seems with less than a 3% interest as no RNS.

This is a gem of a stock for reasons I have given in previous posts and one to just sit on and reap the rewards of a company in niche market with a great track record.Regards.

[melton john] 08/6/2009 14:34

Afternoon all, I've come to join you. Hoping to accumulate a few more before the price runs away. I've been watching this one for a while.

[stegrego] 08/6/2009 12:35

Great company on a low rating - not a lot to say really....

Quiet is good anyway, in fact quiet is great

[robow] 08/6/2009 10:42

nice and quiet here considering the rising sp

[marvelman] 01/6/2009 20:01

At last..worth the wait.Way under valued and great balance sheet.Dividend to come for those on register at 3rd July.

[qs9] 14/5/2009 12:58

Nice dip to tuck in...

[darola] 08/5/2009 20:35

I rekon this will be flatlined through to the TU in July - and then fireworks.

When this blows I rekon it will be quick and possibly a multi bagger.... the type that make the top 3 on the front Page! Always wanted one of them!! : )

Happy to be making money on HAWK and DGO for now, this will have its day....

[marvelman] 07/5/2009 18:41

Well thanks for the posts guys...I was beginning to think I was on my own here too. Cannot believe this has flatlined like this but my instincts say there is a seller being mopped up after such a big rise. Patience is the word for now but with such a sound set of fundamentals its not a problem..particularly with a divi to come.

[stegrego] 06/5/2009 22:01

Lonely and quiet is good...

[darola] 06/5/2009 21:44

Lonely on here!

Next key dates;

AGM - 24 Jun 2009
AGM, the AGM meeting is scheduled for 24 June 2009. The venue and further details will be issued nearer the date.

Trading Update - 20 Jul 2009
Trading Update. A trading update is due to be ussed on 20 July 2009

[darola] 05/5/2009 12:58

Everything else in my portfolio is flying - except the one share that I thought would fly! Its a funny old world.

Still happy to hold; quality will out....

[bullsru5] 03/5/2009 07:08

bear no doubt!

[marvelman] 03/5/2009 07:08

Just spotted this, a month old but shows there is no slowing down for this company.

[darola] 01/5/2009 10:59

Price Support Pivot Point Resistance

73.5000 66.6333 72.5333 78.4333

[marvelman] 28/4/2009 13:12

Added again today as the retracement has been stopped in its tracks.And thats it for now....sit back and wait for the divi and the long term return.

[darola] 28/4/2009 09:17

Onwards and upwards....

[darola] 27/4/2009 17:56

This looks promising! ; )

[darola] 27/4/2009 13:52

Think it was more two steps forward, one back than 'run out of puff' : )

[roshlal2006] 27/4/2009 11:53

Broker tips;VELOSI (VELO)



The share price of oil rig safety specialist Velosi rose by almost a third after the company issued sparkling 2008 results, but house broker Charles Stanley still believes the shares are significantly undervalued.

Global oil and gas spending is expected to decline in 2009, 'and potentially in 2010,' but Charles Stanley oil services analyst Ben Archer expects demands for Velosi's services to remain firm.

'With year end cash balances equating to 55% of the market cap and the group cash generative, the shares are significantly undervalued on a PER of just 3.5x and we reiterate our buy recommendation and price target of 100p,' Archer said

[darola] 25/4/2009 20:21

Hope it does, because I'll then be buying more!

[qs9] 24/4/2009 20:26

May have run out of puff IMO. lets see. 50% + in a few weeks and may see profit taking IMO....any trace back to 50p levels however and would be a buyer defo! Good luck...

[marvelman] 23/4/2009 18:23

As a newcommer to this share I paid 66p but I have to say this is such a gem. One to tuck away without doubt and add to whenever the share price allows. My thanks to Steg for pointing this one out on the HMS thread. Always thankfull to those who have put in the research and share their work. Regards to all on this thread.

[mickymellon] 23/4/2009 13:54

poxy spread grrrr :(