Velosi Share Discussion Threads

[foodcritic] 13/10/2009 07:41

Thanks marvelman

[marvelman] 13/10/2009 07:30

Foodcritic

I meant to thank you for your post 298 but never did..I do so now. I thought it a very important project for Velosi and lets hope it gets approval from the big boys.Regards.

[darola] 12/10/2009 23:09

Just need it to stay steady for a week or two while I free some cash up - coiled and ready to go again this is.....

[qs9] 12/10/2009 11:34

Looks oversold on small volumes IMO....barmy

[foodcritic] 12/10/2009 11:32

For interest only.

Qatar Petroleum to reinforce the commitment towards health, safety and environment at the 5th HSE 2009

[marvelman] 06/10/2009 13:06

FWI I bought 3400 today as I had a target of 90p in mind when it started dropping.Has been heavily driven down on what feels like a large seller.

[stegrego] 06/10/2009 12:57

20% retrace recently, right on trendline currently, hope this holds.

(although having said that if it drops more ill probably top up)

[marvelman] 02/10/2009 17:01

Foodcritic....a very interesting find there, thank you.

There certainly appears to be a large seller about unfortunately. I have been doing dummy buys and sells and you can buy at 97 now.

[qs9] 30/9/2009 07:22

Small volume and off it comes 10%, barmy. Ho hum, happy to hold for the £2 me thinks this is worth within the next 6-12 months

[foodcritic] 29/9/2009 07:38

Middle East groups attend hot work presentations

Published: Sep 28, 2009
Offshore staff

DUBAI, UAE -- Velosi Group says it has garnered strong support for its K2 Hotwork Enclosure system, following demonstrations this summer in Abu Dhabi and Qatar.

The two presentations were attended by numerous local and international companies, including Adnoc, ConocoPhillips, Dragon Oil, Maersk Oil, Qatar Petroleum, Qatar Gas, and Zadco.

The system, currently undergoing approval by Adnoc, allows hot work to be performed safely in live process areas without the need for costly plant shutdowns, and at short notice in cases where urgent maintenance is required.

Velosi says its next step is to obtain approval for the system from operators' HSE departments in Qatar.

The company, which provides a wide range of engineering and maintenance services to the offshore sector, has recently completed six hull preservation surveys for Transocean drilling rigs working in different regions of the world. These include the Sedco 700 in Congo, the Adriatic II in Angola, and the Randolph Yost and Trident 12 in India.

09/28/2009

[qs9] 24/9/2009 20:19

Marvelman no worries mate, I am in VELO from 80p so happy, NBI looks interesting but I need to look further as well but have tucked a few away at £1.20 as think it could trend higher.

good luck

[stegrego] 24/9/2009 20:10

Just turned into a bagger here for me - plenty left in the tank though...

[melton john] 24/9/2009 09:36

Quoted 117 to buy 1000, 113 to sell :-)

[melton john] 23/9/2009 17:46

A jump at the close bodes well for tomorrow.

Found an update from IC



A run up to at least 120 seems feasible looking at the chart.

One point that just occurred to me is the quality of the results announcement. Compared to some of the other aim listed foreign companies I'm interested in, its well written, clear and very informative. The chairman (a Brit) and the nomad are doing an excellent job. Can everybody sell so I can sell some others and buy more VELO. :-)

[stegrego] 22/9/2009 20:23

Marvelman - you need to read NBI a bit closer IMO.

[qs9] 22/9/2009 19:02

if you like this, take a look at smaller oil service provider NBI...

[melton john] 22/9/2009 18:48

The IC article from end of June might be worth another read. I wonder if they will follow up this week.

[marvelman] 22/9/2009 12:37

Thanks again Melton...pretty sure those results and outlook will attract even more comment in the press in the comming few days and weekend. Still plenty more to come on the share price

[melton john] 22/9/2009 12:19

106.55 to sell 1000, still can't buy online.

[melton john] 22/9/2009 11:59

Article in yesterdays Independent mentions Velosi:

Analysts at Charles Stanley expect the positive trend to continue into 2010, bolstered by increased demand for quality assurance in the oil and gas industry, as environmental and safety concerns become priorities. In the first six months of the year, Velosi has secured its position by negotiating several lucrative new contracts as well as renewing existing ones. The analysts reckon: "We expect demand for the group's services to remain resilient."

[taylor20] 22/9/2009 10:19

Charles Stanley very conservative price target (110p), aiming at PE 6.5 for 2009 - or 5 after stripping out the cash.

[melton john] 22/9/2009 10:15

5000 at 106.5 looks like a buy. Buys on plus at 107.

[melton john] 22/9/2009 09:54

Fully agree marvelman, oil sector doing well today:

"Among the oil-based stocks, Tullow led the way, up 35p at 1,193p, while BP gained 7.1p at 564.1p, BG Group added 24p at 1,135p and Shell rose 19p at 1,770p.

Oil services group AMEC was also strong, up 18p at 791p"