Value And Indexed Proper... Share Discussion Threads

[johnma] 10/9/2016 20:40

BAP - I sense your assessment is a pile of poo - I don't appreciate you referring to our investment in this light.

[carl19] 10/9/2016 20:02

Bopadra,Which of the above points listed in my previous post do you see as negative? Or what negative points would you add to that?I am genuinely nterested to see what you base your evaluation on.Fair play for stating your trading position. How much research do you do before entering a momentum play, and if its not too impolite to ask, what price did you buy in at?

[cottoner] 10/9/2016 15:29

O/T - ( one off post ) BI - If you're interested in momentum - what do think about RDT (apart from it being a pile of poo) :-)

If you're going to reply - please do it on the RDT thread. Cheers

[carl19] 10/9/2016 13:21

Bapodra,As we are due to move into profit early 2017 then you obviously view / will view this as a good business then?It is good to be aware of all aspects of a business and to ask the important questions and that is why I am greatly reassured by meeting the management, looking through the interims, reading the recent rns regarding securing two new customers, the strong balance sheet versus cash burn, the larger sales team, the overhang cleared by longer term holders, the influence of a very experienced ex dir joining the company which is already oaying dividends, the strong clientbase already established and adding to the services they already pay for etc. Overall, that gives me massive confidence.

[johnma] 10/9/2016 13:21

At the analysts presentation on Monday the CFO indicated the business will be cash flow positive next year.

[johnma] 09/9/2016 20:27

Peers are valued at 10 times revenue - vip are valued at 1.5 times - hardly any room for downside risk now the overhang has been cleared.BAP Inv look forward to your thoughts - my guys will continue to buy next week.

[carl19] 09/9/2016 18:57

Bapodra,
From the financials:
Revenue H1 2015: 2629000 euros
Revenue H1 2016 3338000 euros

Yr 2015 6807000 euros
est Yr 2016 8000000 euros (on target)

Cash as at 1 Jan 3236000 euros
Cash as at 30 June 2439000 euros

Remember that new contracts have been signed since with leading French bank and a large retailer. No reason to believe that others wont follow on shortly either.

Therefore cash burn is not a problem for us.

[johnma] 09/9/2016 16:48

Nice steady rise this week.

[carl19] 09/9/2016 16:44

Another blue day.

[johnma] 09/9/2016 15:24

Hi Bap InvI'm a private investor with a sizeable holding. I've known the company for many years.The company is now well positioned to move higher for the following reasons.1. Solid pipeline2. great software platform3. Strong balance sheet with 2.4m Cash4. Great management team.5. Well positioned to expand.6. Over Hanged cleared.Biggest point is the company is very cheap compared to its peers.

[carl19] 09/9/2016 14:44

If you look at the trades history you will see the trades. The share has stopped flat lining because the overhang has been bought. I know, i bought a fair bit of it.

[carl19] 09/9/2016 13:12

Bapodra,Why is that?Sometimes the mms will have orders to fill and will move the bid around to generate sells to fill it. I presume you look at the shareprice increase over the past few weeks and continual large buying as positive?

[johnma] 09/9/2016 12:46

Hi DavidNot sure what your question is, I have a number of investors who are keen to buy VIP.

[davidosh] 09/9/2016 11:47

Johnma....do you have a team of buyers working with you ?

[johnma] 09/9/2016 09:47

In fact my guys are struggling to get any large positions

[carl19] 09/9/2016 09:44

Nice buying this morning. Hopefully see the bid tick up today. We are certainly attracting buyers and clearing any stale holders out. With the overhang gone as well we should see some nice movement during Sep and Oct.