Vero Software Share Discussion Threads

[mike_f] 16/9/2009 15:02

Great news so wouldn't surprise me if we have another leg up!

[thearcticfox] 16/9/2009 15:01

I could sell at 23.1 but missed the opportunity, after that I'd have to make a negotiated trade. Decided to hold and see where it goes for a bit. Got a limit order to sell at 25p set though. I hope it tests there again.

[mike_f] 16/9/2009 14:45

Looking like a bounce is coming after the retrace...

[mike_f] 16/9/2009 13:08

Why didn't i keep my entire holding in here ;) Only a couple of hundred but it all counts.

[baner] 16/9/2009 12:48

bid approach announced today - excellent news.

the sector is valued at 100-150% as Enterprise Value/Sales.

with sales of £13m and net debt at say £2m the VERO equity should thus be worth £11-17m or 29-43p.

as the predator is said to be a financial investor, assume they will look for a bargain however hardly less than 20-25p.

this announcement should also trigger interest from potential trade buyers - there are quite a few out there who should be willing to pay the "full value" as outlined above. with 93% gross margin, Vero should offer scope for significant synergies.

exciting times for Vero shareholders - eventually!

[mike_f] 15/9/2009 15:55

arctic, interest is building on LSE, this will continue to rise up to the interims then may have a good jump by the looks of it! Still have a very small holding. GL

[thearcticfox] 10/9/2009 10:14

Some buys at last! Hello Mike, you're still in here then ;)

[mike_f] 01/9/2009 15:49

arctic, one day ;)

[thearcticfox] 25/6/2009 10:54

Like I first said to you when buying in Mike, these will really come into play as the recovery gets into swing. Manufacturing will take time to recover. Definitely worth tucking under the mattress now tho, as at this price looks like a real bargain. GLA

[mike_f] 25/6/2009 10:50

ihnc, does seem to be very much like that... still wondering whether they are going to issue more shares but i can't see why no trades go through this company at all (or very little) it doesn't look a bad investment, poss in the longer term though...

[ihavenoclue] 25/6/2009 08:19

Yawnnnnnnnnnnnnnn

[mike_f] 18/6/2009 14:10

Valhamos, thanks for the update... i assume they are issuing more shares soon?

[valhamos] 18/6/2009 13:43

I attended the AGM, the first one in their new offices in Cheltenham. Not a lot to report other than the pastries were very good and more than comparable with the ones we used to get in Stroud.

The business is underpinned by recurring revenue being 53% of total. But I guess new customers, which accounted for 32% of 2008 revenue, must be hard to come by in the present uncertain environment.

[ihavenoclue] 18/6/2009 13:06

There ya go .. usual sentence RNS

[ihavenoclue] 18/6/2009 13:01

Well it wasn't great otherwise there would have been people buying in by now

[mike_f] 18/6/2009 09:54

AGM is around 11 i believe so should get an update about 1. We'll see what it has to say... GLA

[thearcticfox] 17/6/2009 15:23

AGM tomorrow, lets hope it's good news, is anyone going?

[mike_f] 15/6/2009 13:27

No not sure about that... will keep digging.

[thearcticfox] 15/6/2009 12:57

Mike, have you found what caused the sharp rise in Jan?

[thearcticfox] 15/6/2009 12:55

Reading that, sounds like a real possibility Mike.