Velosi Share Discussion Threads

[dr_ex] 14/9/2010 12:02

bought a couple 1000 just now. hope it helps

[golla] 14/9/2010 11:22

strong again today even a bit of a buying is likely to push the price up.

[simon42] 13/9/2010 17:09

I think this upcoming statement could be bullish. The final results said a higher oil price would drum up more business for them in Asia in particular which is where most of their revenues come from. The oil price is now higher so I would expect Velo to be bullish. Yah- I reckon 140p is a fair shout imo.

[gargoyle2] 13/9/2010 16:42

Nice 250k buy just before the close - should see this start strongly tomorrow, I hope. With EPS of 15p for last year (2009) and a pretty confident trading statement a few months ago, this has to be worth 140p minimum, I reckon.

[kimball808] 13/9/2010 16:42

ohh..another big buy at the end

[golla] 13/9/2010 13:07

yes strongly bid.

[kimball808] 13/9/2010 12:29

and steady stream of buy's today, got to pop soon

[gargoyle2] 13/9/2010 11:57

Yes, they were, but the price hasn't moved - in fact it's dropped today. This is on a historic PE of around 7, with good prospects and a lot of cash on the balance sheet. I already have a load of these, but couldn't resist picking up a few more at 108.6 today. Interim results are just a week away..

[kimball808] 12/9/2010 18:44

nice spot G2...they were some chunky buy's...:-)

[gargoyle2] 12/9/2010 11:20

Anyone notice the massive volumes on Friday? Results in just over a week.. I'm wondering if there's some good news brewing. Hope so, this share has been a bit of a laggard recently.

[longueville] 26/8/2010 09:45

Velosi can be a very illiquid stock, and small retail trades (2,000 shares for example) are often enought to move the price by a couple of pence. The shares have had a good run, and unfortutnatley a nasty market is enough to prompt investors to bank some profit. My experience has been that market makers do not change their prices simply on the back of wider market movements, they only tend to move their prices on the back of business being done.
One other piece of advice. The spread on this stock can be horrible - get your broker to phone up market makers - you may well get some improvement on RSP prices.

[stegrego] 25/8/2010 23:50

Markets are carp at the mo and oil has dropped about 15%.

I dont see any company specific reasons for the drop and it just takes it back to the trendline on the chart....ish ;)

[melton john] 25/8/2010 11:42

I'm still comfortable. "meeting market expectations" means to me that I expect they will continue steady if unspectacular growth. The certainty seems to have increased if anything with BP's troubles in US. Very happy with the 20% annual growth since I bought them. If I had achieved that over the last ten yrs on all my portfolio I might be typing this from a yacht somewhere. IMHO buy on weakness.

[qs9] 25/8/2010 11:14

falling before results always makes me nervous, any views? Am a long-term holder.
thanks.

[kimball808] 13/8/2010 18:59

Velosi along with Kentz marked as buy in current 'Shares' mag, under a four page areport 'The complete guide to investing in...Oil equip & services'

[kimball808] 10/8/2010 19:00

Now that would be nice....

[ghurah] 10/8/2010 08:54

you can only buy 750 at full price but sell 10k at a good premium,

we are going to be breaking out and going north within the next few days

[kimball808] 09/8/2010 19:02

52 week break out today...:-)

[golla] 06/8/2010 15:17

Are we about to break higher and towards 135p mark?

[darola] 06/7/2010 19:15

Nice tick up : )

[stegrego] 22/6/2010 22:01

Hoodless B

Velosi (VELO, 102.5p, £49.59m)provided a positive AGM statement this morning. While underlying markets remain volatile in line with oil and gas pricing. Uncertainty is promoting the need for safety and testing. The company has a strong base with 60% of 2010 forecasted revenues already contracted. The Group is continuing to trade in line with market expectations (PBT of c. £12.12m & EPS of c.14.51p). Significant new contracts wins in the Middle East and Africa include with Qatar Petroleum for c. $5m over 3 years from August & Abu Dhabi Ports estimated to be worth at least $6m over 4 years from January 2010. The group has maintained its strong cash position. Still looks cheap on only 7x FY estimates. We maintain our 135p PT which now looks to place the company on just over 9x consensus. BUY

[foodcritic] 22/6/2010 13:58

AGM statement out this morning.

[serotine] 22/6/2010 12:15

a couple of what appears to be biggish buys today and yesterday

[marvelman] 02/6/2010 10:32

Thanks for your contributions and research Darola...most of the long termers are still here although we remain quiet now most of the time. Regards.