Vialogy Share Discussion Threads

[swiftnick] 28/1/2014 07:38

We do need someone with knowledge and expertise of the ViaLogy product offering on the Board. After all, as things stand right now this is still our only business. If not Dean then who else is there? The important thing is that someone else is in charge now and responsible for the new strategic direction.

[twix386] 28/1/2014 07:25

None of them are guilt free. Some have more guilt than others, whether that's the position occupied, the exaggeration of reality or of actual competence.

For instance, TB was worst of all because he was least competent imv and was given to overly rosy forecasts on hoped substance and timeframes. Dean was the contract negs guy and what a flop Texas was in that very regard and contracts have also been few and far between.

Had things gone to plan then they would have been basking in money and adulation.
It very certainly did not and they ALL should see some financial pain at least and be held accountable for the finale a decade in the making, but we need SG involved - not sure we still need BD - and hopefully we can still benefit from our dwindling share of any VEC progress, hope and promise whilst AR resuscitates the corpse we were left with. I think AR is a much better proposition at least. aimho

[spec7] 28/1/2014 07:11

Given all you say and i 100% agree with you re: self serving manipulating secrecy jam tomorrow board. Do you feel (like me) its a travesty that Dean is still here ? Bond was sacrificed but dean seems to have been pardoned. Well not by me.

[dj trading] 27/1/2014 22:01

I don't share 99% of my research! It is far too valuable! Most PIs either don't understand the product, market or accounts or can't be bothered doing the legwork and I'm not doing it for them. Most of my SRT research is from 2-3 years ago - updated with recent developments and my VIY research amounts to little more than an analysis of cashburn so happy to share. I prefer not to say why I have an interest in these and one or two others that I might comment on from time to time!

All the best - and I hope both SRT and VIY do well.

Dave

[the prophet] 27/1/2014 20:50

DJTRe SG /BD, they have more than enough on their plate without starting to trade shares, it might suit you, but I think they have other priorities!Thanks for the reply re shares, still a little puzzled as to why out of several thousand shares you seem to concentrate 100% on VIY and SRT. Oh well, each to their own and all that.

[dj trading] 27/1/2014 20:43

TP
Re oversubscription and Deano/Sandeep minimal investment.

Deano and Sandeep know more than anyone about VIY and in particular VEC prospects and funding progress. The 0.1p placing values VEC (via 75% VIY holding at) at just $5.23m (see below) assuming VIY cash has zero value which clearly it hasn't. If Deano and Sandeep thought VEC was going to get funding at a valuation of $20m for VEC they would surely have loaded up for a 3 bagger and it would have made potential investors take note. They can surely afford given salary take for the past 7 years!

As for oversubscription by PIs - completely meaningless as nobody has a clue what is going on with VEC and circa 70% of the current £4m valuation is attributable to VEC. I personally can't see how Adam can turn £1.2m into £4m especially in facilities! - just doesn't stack up for me

Re Director investments - As I have previously said, Adam perhaps invested to "oil the wheels" on the placing/offer but I am completely at a loss to understand why the new non exec would make such a significant investment. Either a ray of hope or lack of due diligence!?

My VEC valuation in post 10354
"VEC valuation - well new placees at 0.1p will own 41% of VIY equivalent to 31% of VEC based on 75% shareholding by VIY. So having paid £1.1m for 31% of VEC even assuming zero value for VIY cash they have valued VEC at a maximum of £1.1/.31 or £3.2m or just $5.23m

[greenpastures2] 27/1/2014 20:32

The problem with stop losses is that you can get see-sawed around as you say DJT.

I have not subsribed to MW but I did follow for awhile some of the stocks he wrote about- 3DM, Eden amongst others. Luckily I never invested in them. To be fair to him he usually said only invest a small amount, money one could afford to lose.

[ewads] 27/1/2014 20:31

Looks like today's meeting was just a cosy affair. Just goes to show the armchair investors lose out again.
It's going to be most galling if Chevron make a fortune out of our hard earned investment money.
Like most, I'm stuck with a healthy loss hoping for some rabbit to appear, riding on a white charger!

[dj trading] 27/1/2014 20:15

"The Prophet, DJT -Your post was 100% wrong, in that anyone who followed MW's advice would have made good profits. There we are, that is factual and can be checked up if anyone really wanted to."

Well I accept that MW recommends a 10% stop loss. So you could either lose 98% by holding from Jan 2010

Or alternatively - sell when you hit -10% only to read Mike's next missive following the next VIY contract RNS. Buy back as a result and then sell again when -10% hit

Rinse and wash 10 times and hey presto 90%+ loss

Given Mike's prolific posting on VIY method 2 might have taken even less than 3 years!

Only joking btw

Dave

[waterloo01] 27/1/2014 20:12

Did anyone actually go to the meeting?

[dj trading] 27/1/2014 19:55

The Prophet - I note you also appear to post almost exclusively on SRT and VIY and are obviously long. You will be pleased to know that I don't know anything about Sirius or Iofina that you also appear to hold.

I hope that you are not suggesting that I don't share my research!

I post facts - try not to comment about other posters and avoid "think", "guess" "maybe" and "imo" and rarely comment on the the potential shareprice as I don't want to upset anyone! I post my research on competition, cashflow etc. and let readers decide what that means for the shareprice

I am usually prompted to post by inaccuracies in other's posts - such as the cash position at VIY or the zero credible competition posts that have recently been posted on SRT

And I have a nickname that describes who I am and what I do!

Dave Jones - Trader!

[dj trading] 27/1/2014 19:31

TP - Re Mike Walters - as you acknowledge he has held all the way down and to my knowledge has been positive (hold/buy) like yourself all the way down.
As you say - "don't let a few facts get in your way!"

I note that as an investor you have a tendency to believe what Directors say (VIY and SRT) or at least give them the benefit of the doubt and follow tipsters like MW.

As you probably know by now - I don't believe a word a Director says until I have checked it for myself. They are salesman at the end of the day and tell their customers (shareholders) what they want to hear just like a car salesman.

They don't lie (few exceptions of course) but there is pretty much always an element of spin and often smoke and mirrors in the accounts. Not a problem for me - that is their job to do the best for shareholders but as investors it is our job to see what is real and what is spin.

Dave

[dj trading] 27/1/2014 19:17

"gemstar2 You need to have subscribed to follow that link"

No you don't - I'm not a member just click the link - much of MWs old stuff is free to view and interestingly some of the more recent stuff when it suits him!

[the prophet] 27/1/2014 19:15

gp2, that's a fair post. I think we are all disappointed with the outcome, but it's a new broom and a fresh start. Yes, I agree, we need to see what the new guy does from hereon. But including current investors in the funding round was an encouraging start.Re SG/BD, I really would have been surprised if they had invested a serious sum, in fact surprised they out in anything at all. The money being raised is to kick start AR's plans, I don't think SG/BD really want to but into that. Why? Because VIY are no longer putting any money into VEC. Surely it is only reasonable to expect that if SG/BD have any spare, it would go into VEC, which is clearly where almost all their focus lays.

[greenpastures2] 27/1/2014 18:54

The fact is VIY never made a profit. Making money by passing the parcel to a bigger mug punter than oneself is not really successful investing.

I am not really miserable Phophet just disappointed. I reserve judgment on the 'new VIY' until we know what it plans to do and I see signs of success.

Yes the two directors investing reasonable sums is encouraging but Sandeep and Bob Dean only taking up their rights is less so.

[the prophet] 27/1/2014 18:37

DJTThat's where you are wrong, yet again. The facts are that the shares rise in the period after MW tipped them, and if folks followed his advice they would have sold out, with a profit, as MW advocates a stop loss policy on all his shares. He continued to follow the shares as a service to subscribers, recognising not all, himself included(!) would have followed that stop loss advice.But hey, don't let a few facts get in your way!Anyway, I'm more interested in the future right now, and I will be very interested to see how things pan out under AR. Overhead costs are now minimal, as VEC have to fund themselves. Two bites of the cherry, one with VEC, if they can get their act together and the other is the more intriguing aspect of what AR has planned. A good start today , onwards and upwards!

[gemstar2] 27/1/2014 18:31

You need to have subscribed to follow that link

[spec7] 27/1/2014 18:29

I'm watching 23k go down the swanny so i am just over twice as miserable a you :-) My guess is Twix is propped up on prozac !

[dj trading] 27/1/2014 18:24

Well anyone who followed Michael Walters advice in January 2010 and bought at 7.5p or above has also lost 98%.

But in only 3 years!!!!

And more amazingly MW has continued to hold/write about them all the way down on an almost monthly basis.

I only know about MW because of TP quotes!!!

[the prophet] 27/1/2014 18:18

gp2
yes, thats the past gp2, not much we can do about that
I was referring to the 'vote of confidence' thing where I , quite reasonably imo, suggested directors putting in £225K, placing fully subscribed and open offer over subscribed was a vote of confidence.But if you want to be miserable about everything VIY related going forwards, no matter what the facts are, I guess there is no stopping you! Enjoy!

[greenpastures2] 27/1/2014 18:13

Some people are congenital optimists Spec. How any one cannot think VIY has been a disastrous investment is beyond me. Kissing goodbye to 10 grand does make me miserable.

[neilyb675] 27/1/2014 18:02

thanks Dave.

Is your average 0.0015 >>>???