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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Veltyco Group Plc | VLTY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 8.40 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 8.40 |
| Top Posts |
|---|
Posted at 04/12/2018 13:32 by arthur_lame_stocks You wouldn't want to pronounce his name wrong! |
Posted at 22/8/2018 00:13 by marketinggrows sorry Onjohn we all know you have a short position in Vlty but Vlty posted something positive and you can say whatever you want but This news is gonna be very bad for your short position(; have a great day kisses |
Posted at 21/8/2018 08:15 by bad speculator After this morning RNS I did some digging to determine if this is a bargain or bargepole.Found quite a few articles online rising all sorts of questions about VLTY - obviously only someone's opinions but there is plenty of stocks around that do not attract controversy, so I'm not touching this one?www.fintelegram. |
Posted at 11/6/2018 09:06 by pre suggest you read the postive rns released by VLTY management here and stop posting information concerning XLM here. VLTY mgt were very positive so please refrain from posting misleading info. |
Posted at 08/6/2018 07:52 by leonmoon If people haven't seen this, worth listening to (VLTY presentation to ShareSoc 21/2/18). eSport looks very promising. VLTY is a high risk punt and I agree with consensus that 100-150% upside vs 50% downside. Receivables being the key risk identified by everyone but seems to be a lot of focus on this by mgmt. |
Posted at 07/6/2018 12:18 by aleman Should be 150p? Maybe or maybe not. How do you value it if revenue recognition is out?Exclude intangibles and receivables are 2/3rds of net assets and some of them have been swapped out since year end (see notes), so I would not value the shares on the balance sheet. If they are booking revenues they have not received yet, they might not actually have operating cashflow or profit, so you can't value shares on the profit and loss account. I'm NOT saying VLTY do have dodgy revenue recognition, just that I have seen companies book revenues too early before and they tend to have unusually high receivables that perform oddly. Reading notes on VLTY's revenue recognition does not clarify the matter enough for me. It might be okay. It might not. The shares look fairly cheap if revenue recognition is reflective of when cash is actually received but, otherwise, booking cash one has not actually got yet can lead to wild numbers. Yet I have seen it happen several times and receivables was the dead canary in earlier accounts before they blew up. Accounts under the new standards this year should make the picture clearer as it tightens up on recognising contracted revenues too early. (I think Carillion did that a bit amongst their other issues.) To be fair to VLTY, they say the new accounting methods should make no material difference. It would have been nice to have seen them adopted already. I was hoping to see high receivables reverse. Instead, unusual things have happened to them. I'm nervous. I sold. All might be fine. I just thought holders should be aware. Good luck. |
Posted at 07/6/2018 11:31 by twistednik Aleman - I think you are spot on regarding the risks and the market has discounted VLTY accordingly.Really this share should be trading >150p compared to other fast growing shares. Either the accounting will unravel itself as you suggest (ala Telit Comms style) or they manage to reduce receivables and cash starts flowing which will lead to a huge re-rate. Personally, I always like to see cash generation with a business in this space (that's why I rate XLM highly as it throws off cash and pays a good divi) as proof is in the pudding. If neither a widow or orphan VLTY could still represent a decent investment as I think the upside could be 150-200% vs downside of 50-60%. Still not sure I really understand WHY it's been so difficult collecting from debtors!? Always the risk as well that one of the debtors goes pop and you've got a profit warning. Would be good to hear from any forensic accountants on this board who can cut through the RNS bulls'it and let us know their thoughts! |
Posted at 21/2/2018 08:37 by tomps2 Veltyco Group (VLTY) ShareSoc presentation February 2018Presentation by Marcel Noordeloos, CFO Gillies Ohana, NED Introduction by CFO – 00:25 Introduction & overview of business by NED – 01:45 Overview of the brands – 05.18 eSports.com – the market opportunity – 06:29 An attractive business model – 09:00 Growth strategy and recent trading – 10:55 Summarising the investment proposition – 11:51 Financials: P&L – 12:39 Trading update figs 5.2.18 – 13:25 Other highlights – 13:49 Board of Directors – 14:05 Share price since admission to AIM June 16 – 14:22 Q&A What’s the revenue split between the verticals? And, there’s a large receivable outstanding in the last set of accounts, could you explain? – 15:15 What impact would banning binary options have on your business? – 17:08 What is the VLTY competitive advantage? How do you mitigate regulatory risk? What’s VLTY’s relationship with eSport.com? – 18:04 Who do VLTY advertise with and if they impose price increases, doesn’t that affect VLTY profitability? – 19:57 What’s the size of the eSport betting market size? Are there any forecast on growth of that market? Do VLTY have quasi monopoly on eSports betting? – 21:45 What are VLTY doing to act ethically within the gaming industry? – 24:20 What do the eight employees do? – 26:00 |
Posted at 18/12/2017 14:55 by pre Thanks for posting this cottoner...patience needed here...they expect revenue and EBITDA to be significantly ahead of market expectations for the year ended 31 December 2017, based on recent update.cottoner7 Dec '17 - 09:25 - 256 of 265 0 1 0 An opinion. December Top Cheap Stock To Invest In Arjun Bhatia December 7, 2017 Veltyco Group and Character Group are companies that are currently trading below what they’re actually worth. There’s a few ways you can determine how much a company is actually worth. The most popular methods include discounting the company’s cash flows it is expected to create in the future, or comparing its price to its peers or the value of its assets. The discrepancy between the price and value means investors have an opportunity to buy shares at a discount. Below are the stocks I believe are undervalued on all criteria, based on their latest financial data. Veltyco Group Plc engages in the marketing and promotion of gaming Websites, lottery, and options trading operations in British Virgin Islands and the Isle of Man. Veltyco Group is currently led by CEO . With a current market cap of GBP £58.36M, we can put VLTY in the small-cap group VLTY’s stock is currently trading at -56% under its value of €1.77, at a price tag of €0.79, based on my discounted cash flow model. signalling an opportunity to buy the stock at a low price. What’s even more appeal is that VLTY’s PE ratio is around 12.4x relative to its hospitality peer level of 21.3x, suggesting that relative to its comparable company group, we can buy VLTY’s stock at a cheaper price today. VLTY is also strong financially, with current assets covering liabilities in the near term and over the long run. VLTY also has a miniscule amount of debt on its balance sheet, which gives it headroom to grow and financial flexibility. |
Posted at 07/12/2017 09:25 by cottoner An opinion.December Top Cheap Stock To Invest In Arjun Bhatia December 7, 2017 Veltyco Group and Character Group are companies that are currently trading below what they’re actually worth. There’s a few ways you can determine how much a company is actually worth. The most popular methods include discounting the company’s cash flows it is expected to create in the future, or comparing its price to its peers or the value of its assets. The discrepancy between the price and value means investors have an opportunity to buy shares at a discount. Below are the stocks I believe are undervalued on all criteria, based on their latest financial data. Veltyco Group Plc engages in the marketing and promotion of gaming Websites, lottery, and options trading operations in British Virgin Islands and the Isle of Man. Veltyco Group is currently led by CEO . With a current market cap of GBP £58.36M, we can put VLTY in the small-cap group VLTY’s stock is currently trading at -56% under its value of €1.77, at a price tag of €0.79, based on my discounted cash flow model. signalling an opportunity to buy the stock at a low price. What’s even more appeal is that VLTY’s PE ratio is around 12.4x relative to its hospitality peer level of 21.3x, suggesting that relative to its comparable company group, we can buy VLTY’s stock at a cheaper price today. VLTY is also strong financially, with current assets covering liabilities in the near term and over the long run. VLTY also has a miniscule amount of debt on its balance sheet, which gives it headroom to grow and financial flexibility. |
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