Veltyco Share Discussion Threads

[opodio] 13/6/2018 09:54

only one man left on bid and then more red

[gary1966] 13/6/2018 08:52

Not sure crashing is quite the word I would use for a 1p drop.

[albanyvillas] 13/6/2018 08:47

Crashing again

[thechurch333] 12/6/2018 23:45

Thanks semhole67.
I know I'm not going to convince you on this one, but hopefully other holders will take on board the serious concerns I and others have raised on this BB about this company

[albanyvillas] 12/6/2018 23:39

Chart support 45p
Profit warning and it will 20p

[semhole67] 12/6/2018 23:25

Ok Il wont call anyone stupid anymore you are right about that but i have good faith

[thechurch333] 12/6/2018 23:08

semhole67
Please don't call people stupid for not subscribing to your "blind faith" approach to investing.
The FACT is that this company would have run out of money last year were it not for the (undisclosed at the time)related-party loans.
I think you need to be a bit more certain that the receivables come in this year because the company is most definitely in big trouble without that cash.

[semhole67] 12/6/2018 22:14

With the technicals ok probably but long term with the Bet90 brand + btty brand and they probably can get the receivables back not sure of course but they are more worth dan 45p

[matt123d] 12/6/2018 21:54

With the current technicals 45p is more likely than 120p

[semhole67] 12/6/2018 20:52

Dont listen to ALBANYVILLAS what he says is just stupid 45p hahahaha rather 120p

[matt123d] 12/6/2018 19:25

Technically 45p is right at the bottom end of downside targets and it has a corresponding monthly triangle. There's a greater probability that it sees lower prices.

[windsor90] 12/6/2018 19:08

No chance of 45p , this has 125p to 150p written all over it !

[albanyvillas] 12/6/2018 18:39

45p is coming. Hold your water lads.

[thechurch333] 12/6/2018 15:39

sorry, "creditor" not "debtor" in last sentence

[middlesboroughfc] 12/6/2018 15:32

think will bounce on agm statement to 85p

[matt123d] 12/6/2018 15:26

65p held, for now. 57p offered would be tempting for a bounce.

[thechurch333] 12/6/2018 15:10

I know I said I wouldn't post again, but I do think that it is worth highlighting what the company said at the time of results about about current trading:
2018 to date (end May):
revenues of €4.8m,
an increase in associated receivables of €3.5m,
plus unspecified accrued amounts for April and May.
I don't know off hand how long they wait before sending out invoices, but the figure for accruals has to be at least €1.0m and probably more given the reported growth rates.
I conclude that the company has generated around zero cash inflow against €4.8m revenues so far in 2018.
I fully accept that the company has also said it has received €2.3m cash from trading operators against historic receivables and that the cash in bank plus debt position has improved by a similar amount. It would be interesting to know what the change in the debtor position is because the company must be incurring some costs...

[middlesboroughfc] 12/6/2018 14:28

Cool





The bounce is on. Maybe grab few for quick 20pc bounce?