Veltyco Share Discussion Threads

[onjohn] 12/6/2018 09:34

Bricking it

[albanyvillas] 12/6/2018 09:17

45p pencilled in

[matt123d] 12/6/2018 09:16

Below 65p would be problematic and open up the mid 50s triangle.

[molatovkid] 12/6/2018 08:45

Must have enough cash to announce a dividend.....

[matt123d] 11/6/2018 22:47

Technicals in question here now with the failure of the monthly break which was the reason to take a long position. Until that changes you don't need to be concerned with what's being discussed here as you should no longer be invested if you follow technicals.

[albanyvillas] 11/6/2018 15:04

Another red flag - change of ceo

Don’t think she is up to scratch if she can’t get the results out on time

Ridiculous

[hatfullofsky] 11/6/2018 14:36

It will improve as they convert receivables into cash.

[brownie69] 11/6/2018 14:33

Albany, VELTY have a new CEO. You have not given her much time. Trading on a P E of 8 so the most likely trend in share price has to be up given the recent good results.

[nurdin] 11/6/2018 12:53

Do remember VELTY had a major reshuffle of the Board in March,appointing new CEO,COO and Chairman.



All have an excellent pedigree.I am sure they would have done a thorough due diligence on the company before putting their reputations on line !

[rcturner2] 11/6/2018 11:55

I have sold up today too.

[thechurch333] 11/6/2018 11:53

More red flags than at a May Day parade.

The company has yet to demonstrate that a large proportion of its reported revenues and profits actually exist.

[albanyvillas] 11/6/2018 11:43

results show v good "paper" profits but no cash flow. Sold out a while back due to a series of waffle rns' , Lost trust in the management.

[basem1] 11/6/2018 11:05

Wrong board Albany, all good here

[albanyvillas] 11/6/2018 10:56

The XLMedia PLC (LON:XLM) (XLM.L) share price has dropped by over 30% today following the release of a PROFIT WARNING.



The digital performance marketing company’s trading in 2018 has been affected by regulatory changes which mean that revenue and profit are due to be lower for the current year than previously anticipated.

For instance, regulatory changes have included the closure of the Australian market at the end of 2017. This is alongside uncertainty with regard to the regulatory status of some European markets during 2018.

[flowerking] 11/6/2018 10:06

When people lose money in options for any reason, they write exaggerated negative reviews. Can't comment on other things you mentioned in your research. But I am holding based on their results and outlook.

[toyin] 11/6/2018 09:06

Albanyvillas

Whatever you are smoking, stop!

[pre] 11/6/2018 09:06

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.

[albanyvillas] 11/6/2018 08:56

XLM were positive and down 30pc fall in share price

VLTY is more illiquid and could fall to 20p?

[gary1966] 11/6/2018 08:37

People need to go and take a look at the current trading statement in the year end results that were only released on Thursday. Madness.

[albanyvillas] 11/6/2018 07:09

XLM profit warning

[bahs] 08/6/2018 11:24

Also, of to €14.1mil of receivables, €10.7mil was owed by Altair Entertainment N.V. Has anyone heard anything good about this company? I've found nothing but news of dodgy practises and public warnings to keep clear of it via a simple google search.
hxxps://fintelegram.com/lottopalace-complaints-about-business-practices
hxxps://www.globalinvestoralerts.org/altair_entertainment_nv.shtml

Should we even be doing busines with customers like that? Not exactly filling me with trust!

[aleman] 08/6/2018 11:13

I made an error in 543 where I referred to Utilico, RMS Tenon and Blue Star having issues with revenue recognition. The first one should have been Utilitywise. Apologies.

[rcturner2] 08/6/2018 11:09

bahs, I think everyone is right to be concerned about the receivables, but if you look at the figures from the interim results for receivables and then see how it rose at the end of the year, to get that figure of 14m down to 8.8m in 5 months, while trading is up 60% yoy, shows that the company is dealing with the issue.

[bahs] 08/6/2018 11:03

Let me get this straight; of the €8.8mil trade receivables due end of 2017, only 30% is left outstanding, none of which is impaired. They have written confirmation from all their customers that the commision is due and payable to us. That's a good sign right?
Total receivables at end of 2017 was €14.1mil of which only 35% is still outstanding (€2.7mil trade receivables and the rest accrued income), so payment is slow but is progressing.
Current trade receivables at 28th May 2018 are €8.4mil suggesting they are piling on more receivables as fast as they get some of it paid. They printed new shares to keep the cash flowing in 2017 diluting our holdings.

Where is the light at the end of the tunnel other than their word on "finalise the restructuring of its banking relationships" (which I don't really understand)?
Increase in trade receivables in 2017 was only slightly larger than the entire operating profit for the year. Does that mean even a modest improvement in collecting receivables would help push us to a positive cash flow?