Velocity Composites Share Discussion Threads

[aldridge] 30/4/2009 21:30

The big buy of 1m shares today has moved the price up again

[nurdin] 30/4/2009 19:23

Dont know if anyone has read their last results but seems to me they have put in all the right blocks in place to capture a market that is set to show explosive growth going forward:

Operational highlights
* Investment in building Velti's global footprint, in both developed and emerging
economies, opening offices in Beijing, Dubai, Madrid, Moscow, New Delhi, San
Francisco and Shanghai.
* Strong organic growth from existing global operators, brands and ad agencies and
new important new customer wins.
* New Joint Venture in India: 35 percent share holding in HT Mobile Solutions, a
new mobile marketing company set up with Hindustan Times Media, the second
largest media group in India.
* Acquired 33 per cent of CASEE (with an option to go to 50%), China's largest
mobile ad exchange (achieved 85% revenue growth between Q3 and Q4 2008).
* Solid performance from Ansible (joint venture with Interpublic Group) with
accelerated growth in the second half of 2008.
* Debt facilities of EUR10.0m have been secured for future working capital
requirements.

* Velti's sales and marketing capacity doubled from 25 to 50 in 2008.

The compny is also winning long term contracts from clients who read like 'who is who' in the blue company list:

Strong organic growth


A major contributor to Velti's performance in 2008 was repeat business from
existing customers (approximately two thirds of revenues) and winning new
blue-chip customers (one third of revenues), including mobile network operators,
media, brands and advertising agencies. Examples of achievements for 2008
include:


* Winning new business from global brands such as Unilever, Friesland, Chrysler,
Johnson & Johnson, Dixons, United Milk Company's Fibella and Procter & Gamble;
* Winning repeat mobile marketing contracts with Argos, Wrigley's, MasterCard, TMP
Worldwide, Pepsi, Coca Cola, Pernod Ricard, Clinique and Hewlett-Packard;
* Renewing key operator contracts such as Vodafone, MTS, Orascom-WIND, Cosmote,
MTEL, Vivatel, SingTel and Orange;
* Continued progress from Ansible with client wins including Microsoft, Intel,
Bayer, General Motors and Verizon; and
* Building relationships with leading global advertising agencies including
Ogilvy, BBDO, Adel Saatchi & Saatchi, McCann Erickson, Momentum, Draftfcb and
Lowe Worldwide.

The current rating is derisory in my opinion and the share should be trading at well over 200p given the market size,customer base and the earnings track record over tthe last 4-5 years.

[nurdin] 30/4/2009 17:08

np chester..:o)

Intriguing buy of 8782 shares at 160p...6p above offer

[chester] 30/4/2009 16:14

nurdin - Thanks for bringing this to my attention.

[donaceace] 30/4/2009 11:12

ok, heres the deal:

As I'm so so so scared and aint got the balls to see this through etc etc

Ill be quite etc etc etc etc...

Promise


pmsl :)


whooooooooooooooooooosh

[nurdin] 30/4/2009 11:09

seen that 155k trade? A clear buy..


In fact near 1m shares bought

[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.