Vianet Share Discussion Threads

[waldiman] 06/4/2009 22:53

I take it I won't see any shares in Bruilin?

[frogkid] 15/12/2008 22:00

yep, another AIM tuck up it seems. My prediction is that 2009 will be the end of this apalling scam of an exchange

[exotic] 13/12/2008 22:20

It's always amazed me how on each set of dismal results VIA still managed to convince a select few large investors to lend more money.

"... Vianet Limited made a loss of £1,439,000 and had net liabilities of
£14,327,000. This included an inter-company debt to Vianet
Group plc of £14,653,000, which as at today's date is £nil following a capitalisation of the current inter-company debt"

Have I got this right. The enterprise was sold to Brulines without the £14,653,000 debt which, through a stock market trick, was dumped onto the listed VIA plc shell which is now playing the waiting game for automatic delisting. In other words, the debt was offloaded onto shareholders, so no chance of them getting money back, meanwhile Brulines get a developed, debt-free synergetic business with pan European customers, but there's some important reason shareholders are not allowed to know how much the assets were given away for??

VIA directors wouldn't care how much it was sold for anyway since they took on the £14.6m debt. They'd have to have sold it for over £14.6m to get something back from the administrators.

What if the directors sold it for £1 and accepted say £10,000 backhanders each, who would know? Who's regulating?

The other question is, of course, how did VIA keep going so long.

[platts] 01/10/2008 15:02

yes-vianet remains a 'jam tomorrow' story which is tiresome- however the company continues to be enthusiastic- so don't hold your breath. the company is too cheap to sell. make sure you have other interests in your life.

[tedg41] 01/10/2008 12:35

Interims out!
I have stayed with this one for a few years hoping for a break through. It takes a lot of patience!
Have today topped up at rock bottom price- more in hope than expectation!
Any comments?

[platts] 03/9/2008 16:07

in the December 31 2007 year report the chairman refers to a bill of E300,000 made out to the major telco company- presumably the one now paid, which suggests that £225,000 has been received. Given that sales last year were £1M this does represent a jump in earnings- hopefully every little bit helps in this tiny company.

[platts] 03/9/2008 15:53

the MD refers to signing the contract with 'a major international player' so the contract is with a significant client and not some side show organisation. I feel more hopeful, but it is bereft of financial detail which is a negative.

[exotic] 03/9/2008 02:19

5 year contract with a global telco group. No financial details disclosed, no name of telco disclosed.

So we have nothing to go on. No idea if the deal was strongly in the telco's favour due to VIA's financial situation. No idea if the telco is a major, or an entrepreneur's bedroom Internet hobby.

So the 'news' doesn't really tell you anything. Though it does pursuade you to invent your own positive conclusions. Begs the question, why was it even published? A cynic might suggest the private hat will soon be passed round once again.

[platts] 02/9/2008 16:11

m p: I agree - yet the five year contract does look impressive and maybe some of those european vending contracts may finally kick in and then the whole complexion starts to change.
what does bother me are the number of shares and warrents out- does this make share price progress very uphill?

[monkey puzzle] 02/9/2008 13:48

If they survive then maybe...this is the latest from Hardman's Sept update and VIA still has to be considered high risk until they can show some kind of income/profits.

VIANET

There has been no news from Vianet in the past month. The shares are now trading at a year low of 1p, which could make it difficult for the company to raise cash from the market. We believe Vianet could now look attractive
to a corporate (possibly telecoms) buyer wanting to add Vianet's telemetry, M2M and cashless payment capabilities to a network or services portfolio.

[platts] 02/9/2008 13:44

positive new announcement with few financial details- is this the start of something?

[platts] 30/6/2008 21:27

financials arrived today. could everyone send £10 to the company to keep the show on the road.

[platts] 15/5/2008 10:01

any idea when the financials are coming out for this obscure company?

[badday] 23/2/2008 19:33

New note from Hardman resources due very soon.

[tedg41] 04/2/2008 16:34

Just bought a few shares (top up). Contract note is marked "EX-RIGHTS. Rights remain with seller". I have no info re. a righrs issue! Anybody know anthing?

[tedg41] 01/2/2008 19:27

A lot of buying going on last week. News ahead?

[platts] 25/1/2008 10:06

singer and friedland have taken up 20,000,000 shares this month. do they know something?

[janatha] 07/12/2007 08:31

Very encouraging.

[tedg41] 16/11/2007 15:13

Someone has bought nearly half a million today!

[platts] 07/11/2007 12:04

It isn't the fault of AIM- it is idiots like us who invest in a company that repeatedly fails to come up with the goods. I have held via for 3 years. With todays news I throw the towel in. The stock is too cheap to sell- one just has to move on you win some and you lose some.

[frogkid] 07/11/2007 07:08

you're right Mark. it's abot time these AIM boys were regulated more efficiently. They seem to be allowed to make up whatever they like !!

[markinthepark] 05/11/2007 16:55

Frog,

I'm not sure you are going to like reading that trading update that came out after hours today...looks like the company still can't get regular orders to generate sufficient incomes to pay the bills...looks like they need to raise cash in a hurry (and this is a pretty awful time to be looking to borrow money)....god knows what these deals will look like but I think I can guess how the market will respond tomorrow.....with the level of interest there is here these days (i.e very little of nothing)...these could get savaged.....what a farce to come out with a trading statement like that just 2 months after what were optimistic forward looking results......these AIM companies seem to be run by management who really don't seem to know how do business.....oh well, yet another AIM share to either sell at a huge loss or put in the bottom drawer for a year.......

[frogkid] 15/10/2007 09:15

mark, good find and ecnouraging reading. I have just a few of these in the top drawer and at b/e at the moment so fingers crossed fopr a nice profit in 12 months time !

frog

[markinthepark] 11/10/2007 12:23

Some news out from Hardman & Co who provide coverage on Vianet....the note is pretty positive looking forwards (with some caveats for 2007 2nd half) and has suggested a significant deal is due to be announced with a global teleco in this quarter which could have a major effect on the business!!

Check out Hardman's report below.......