Veltyco Share Discussion Threads

[basem1] 28/11/2017 07:59

They'll do 10p this year with over 5c already in the bag first half

[xajorkith] 28/11/2017 07:57

They do say "market expectations" mf, so significantly ahead of the published broker forecasts imv.

Stockopedia currently has them doing 4.87m net profit & eps of 7.44p - so should see a 10-15% upgrade following this update with 10p+ looking ever more likely next year.

[aleman] 28/11/2017 07:47

I had to search for market expectations. Digital Look has 7.41p. 8-8.5p would be "ahead of expectations". So, what is "significantly ahead of market expectations"?

[mad foetus] 28/11/2017 07:43

One point which I know Paul Scott will make on Stockopedia, is that if the board is saying results will be ahead of expectations they should tell us what those expectations are

[mad foetus] 28/11/2017 07:41

Yes, should be interesting, was over 90p at the results so logic says should be ahead of that. It may take time, but on any metric you can think of this looks massively undervalued.

[xajorkith] 28/11/2017 07:39

Excellent update - now let's see the small free float work in our favour :-)

Could push 90p today, with new highs in the days/weeks ahead imv.

[cottoner] 28/11/2017 07:35

Not a lot of free shares :

Number of shares in issue as at 31 October 2017

Ordinary shares: 74,343,659

As at 31 October 2017, the number of shares not held in public hands is 74.3% of the total issued share capital of the Company. These are shares held by directors, officers, and major shareholders (>10%) of the Company.

[busterdog2] 28/11/2017 07:33

Significantly ahead........a wonderful turn of phrase, music to my ears!

[basem1] 28/11/2017 07:15

Great stuff...well done the management team and all employees !!!!!

[gary1966] 28/11/2017 07:10

That will do me. Significantly ahead and acquisitions performing well. Let’s see if the market can wake up to the under valuation here.

GLA

[firtashia] 24/11/2017 17:30

Huge volume traded today, only surpassed once in the past year(which was the day of the last interims). Hope this signals both the end of the sell off and some significant buying.

[mad foetus] 24/11/2017 11:34

If there is a seller the board will know and wouldn't put out any trading update until he was cleared.

[bahiflyer] 24/11/2017 11:30

basem 1 that 175,000 sell was maybe his final flourish.
If thats the case this should make up recent lost ground in no time.

Any further indications of out performance above market expectations by the company coming after the last positive comments will lead to a stock scramble imo.

[basem1] 24/11/2017 11:07

Seller cleared ??

[czar] 24/11/2017 11:02

I'm just sitting on my hands right now, would like to see a bit more buying before joining in, its a screaming buy now though.

[basem1] 24/11/2017 10:41

I've added aggressively this morning.

[xajorkith] 24/11/2017 10:34

Pullback way overdone imv & have taken the opportunity to add more recently.

With a free float of only 11-12% (Stockopedia figures) volatility is to be expected, but with 4.8c already achieved in H1, strong Q3 trading & eps upgrades (link below) I'm surprised to see this back below 70. Very oversold on the RSI.

www.proactiveinvestors.co.uk/columns/northland-capital-partners-view-on-the-city/28936/northland-capital-partners-view-on-the-city-veltyco-group-and-keras-resources-28936.html

Trading update just around the corner (mid December last year) & likely to be good given previous guidance.

Any positive news & the low free float will work the other way. Another "beat" and this will move ahead very quickly imv.

Usual small cap risks apply here of course & all imho, so always dyor.....

[basem1] 23/11/2017 16:34

Someone was desperate just after 3.30. Id happily have taken those at that price. Hoping for an early morning markdown before a bounce tomorrow.

[basem1] 23/11/2017 15:57

My feelings exactly. £1.60 in 6-9 months. Hence a large top up coming.

[czar] 23/11/2017 15:45

The company is still growing rapidly, let a few profit takers exit, it will soon be back over £1 imho.

[basem1] 23/11/2017 15:45

Just the chart playing out, another halfpenny and we're there. I've got a large buy order in at 73.7p

[shanklin] 23/11/2017 15:38

Well, this is a considerable PITA for no apparent reason.

[basem1] 20/11/2017 21:58

Be nice to see Gilles make a stock purchase here, it would show a vote of confidence.