Vialogy Share Discussion Threads

[larry laffer] 04/6/2014 13:00

I hope SG is at the next AGM/GM, it will be an opportunity to get up to speed with progress or lack of it with the VEC situation.

I still think he has some credibility, however as time goes on with no feedback that will undoubtedly wane.

[larry laffer] 04/6/2014 12:51

OT

TP

Although we got promoted we played the worst football seen at GP for many seasons. Don't fancy our chances of staying up, but like a mug punter I have renewed my season ticket. New chairman may bale out if support doesn't come back.

Shame for the O's, I thought they wer going to trounce Rotherham, 2-0 up at half time and looking as though it was too much for Rotherham to claw it back. But like you say they failed to lock up shop and they paid the price.

Will have to dig out my tube map so I can get off at the right stop this time.

[the prophet] 04/6/2014 09:57

Spec7

what normally happens in such situations, ie a rto into a shell, is a value is placed on the rto company and the rto company shareholders are either paid in cash or in shares or a combination of both. In addition, if required , and it usually is, further funds are raised to aid the development of the rto company.

wrt VIY, its value is as a shell, its cash and the benefit of a quote. Perhaps around £1.7m, say. It is likely that any potential rto company is not going to place much of a value on VEC, which is understandable given no progress at all since SG was handed the reins.

The future of the share price will depend almost entirely (as I'm more or less dismissing VEC, but still hope AR may extract some value) on the prospects of the new company. That will come down to the directors/management and their past, if any, track record, the prospects for the business of the company etc etc.
In effect it will be like a new company listing, except new co will already have a sizeable body of investors, keen to know what the future holds!

Hope that helps

[spec7] 04/6/2014 09:27

Have i missed something but if the RTO is of a value that will shove the share price here, how are they funding this ?

[ngen yap] 04/6/2014 08:15

Some key areas that will determine our future prospects!

What valuation they place on VIY on RTO ie issue of shares / fund raising?
What valuation they place on the company being acquired and how?
What premium will there be post RTO for a fully funded company with growth potential upon successful exercise?
Is there a surprise deal in the mix re VEC?

Fingers crossed AR has all of us shareholders in mind when negotiating above.

[the prophet] 03/6/2014 22:42

LLThere's more than a glimmer of hope, it will be a brand new beast and nothing to do with the old VIY, other than making use of VIY as a shell.Tend to doubt if SG will be at the next AGM, but we will see.OTWell done to your boys on promotion. Unfortunately our lads fell at the last hurdle, but it was a damn fine season all the same. I look forwards to resuming hostilities next season!

[the prophet] 03/6/2014 11:36

cheers, I agree,bb, it looks like could be a very good opp. all round. Certainly those close to the action are very excited by whats in store. One step at a time, and a very big step should be next week.

[bunglebogs] 03/6/2014 11:33

Good points TP, Really do think recent shareholders will be rewarded, and LTH will get the chance to claw some losses back over time.

Heres hoping.

[the prophet] 03/6/2014 11:20

bunglebogs
yes , true, but relisting above 0.5p will be a bit of a big stretch, imo. I would be happy with anywhere from 0.15p upwards at close of play first day or shortly thereafter as it is highly likely the deal and placing will be less than the pre suspension price. Don't forget just prior to suspension the shares were trading around the 0.16p mark , so any placing/deal is probably at a discount to that.
It sounds like all investors will have a chance to partake in any placing, which is good news.
imo, dyor.

[bunglebogs] 03/6/2014 11:12

Don't forget AR will only beable to exercise his options once the share price has remained above 0.5p for 30 days, this to me is very important. Once relisted hopefully above 0.5p there will be a month for the price to settle somewhere north of that figure.

GL everyone.

bb

[twix386] 03/6/2014 10:29

voila indeed. lol

[the prophet] 03/6/2014 10:08

twix
I like your 1p target over the next year or two,that would be very good. As we have nothing to base any targets on other than we hope AR has lined up a 'goodie' then its a tad difficult to think where the share price can go. I guess the options kicking in at 0.5p give us some idea, then just a hop skip and a jump to 1p, voila!

[the prophet] 03/6/2014 09:50

DJT
-agree with some of your workings/logic. On the face of it, with VEC failing to get funding to date, then VIY's value as a cash shell might well be along the lines you have posted, but I think it is very unlikely that any deal/placing will be done at less than the last placing, which was 0.1p. As you say, we will soon see who is right, handy to know for the future, I agree entirely!

As to where the price will go in the longer term, I find it strange that you can speculate that the price won't hold above 0.1p for more than a month or two. Big ooops there! As you know nothing of the incoming rto company, its directors, its prospects, its technology then that is a brave, some may say foolhardy thing to suggest. oh well, the waiting will soon be over, looking forwards to it and your follow up posts!!!

[dj trading] 03/6/2014 09:30

Agreed Spec - my valuation is much lower

Let's not forget that an acquired business has owners and they will want to max valuation. Given current and past performance of VEC I don't think much if any value will be attributed to this part of the business so essentially VIY have cash and an AIM listing although perhaps the biggest asset is the shareholder base - but I won't comment on why!!!

I value VIY at cash plus an unknown value for investor hope.

My current estimate of cash is circa £1.2m equivalent to 0.045p/share

The value of the listing might round this to 0.05p

The big unknown is the value of investor hope that Adam can wave his wand or that somebody will buy VEC and whilst this might double or more the cash valuation - I don't think it will hold the price above 0.1p in the longer term. Short term who knows how excited investors will get - might even go up for a month or two or perhaps longer!!

And with the current price just under 0.2p I accept that Mr Market values VEC, Adam and hope at 3* cash and a lot more than me, but then I'm an accountant and I can't value hope but I do recognise it exists!!!

So in summary I think the deal (the important bit) will be done at 0.05p £1.35m valuation of VIY but the share price might end up significantly higher than this.

Anyway as TP says we shall soon see - all speculation until then. Good to observe and learn for future reference though.

Dave

[mhw28865] 03/6/2014 09:28

Nothing wrong with dreaming lads! that's all we have been able to do with this lot of crooks
for many years. I would be more than happy with .50 and v v with 1p had nearly given up on this lot thankfully AR came along on his white horse to save us!! Well hopefully he has lol

[twix386] 03/6/2014 09:09

yes, I am afraid 2p is fanciful in the extreme now.

I have 1p target over next year or two if we go swimmingly.

[spec7] 03/6/2014 08:35

2p ? where did that come from, Skorpionking ?....lol
Get real lads .5p would be bloody miracle and very welcome.

[timmbo] 03/6/2014 07:16

Unfortunately TP I don't have the cash to risk a second bite.... I'll just have to roll with it and hope the dilution is overcome and euphoria push us on.

[mhw28865] 03/6/2014 07:16

2p would make me a v v large profit after averaging down and buying as many as I could at .10 was thinking I was going mad at the time throwing good money after bad so fingers crossed..

[timmbo] 03/6/2014 07:12

I'll take 2p from here jeez, only a 50% loss then, lol.

[harley24] 03/6/2014 06:52

Who is mw??...

[jammytass] 03/6/2014 05:44

the prophet mw and viy the great pump and dump guy

[spec7] 03/6/2014 04:13

busy...just an observation but little point in ramping a suspended share ;-)

[the prophet] 02/6/2014 23:38

Its a second bite of the cherry, but I think next week should mark the start of something very good.