http://www.lse.co.uk/ VERO Share Chat Feed - London South East en-gb Sat, 04 Feb 2012 07:47:37 GMT 2011 London South East http://www.lse.co.uk/rss/ 5 faz147 alright mate, what have you spent your VERO money on? I had a few trades on CNT, just about up overall, now gone into GNG which I suggest you take a look at, similar to VERO in terms of consistent profitability growth, they also have strong cash position, debt-free, any many other things going for them! I trust you will DYOR, let me know if you do have a look at them, I posted some research on the BB. ATB mate http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=2158848 Wed, 04 Aug 2010 14:02:45 GMT steamer undervalued shares: take a look at axn, recent drop due to equity raising, directors buying in, very cheap, worth double current price http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1892632 Tue, 18 May 2010 11:49:33 GMT faz147 hmmm, just above breakeven for me, that 1500 I bought last week didn't really help! :) lol it seems the BoD have chosen to realise the value of their shareholdings, as opposed to holding out for a significant premium on the current SP to reward the long-term PI's and other shareholders. Never mind, onwards and upwards!!! Steamer - you got any cheap stocks you are looking at? I'm currently researching MCR, IHP, INVO, INDY, all have very low market cap and potential for re-rating, also watching SEE, IGE, PIM, BPC, SOLO, and many others. Recently bought ADH at a bargain (IMO) price of 0.38p, also worth a look if you time! ATB mate http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1889969 Mon, 17 May 2010 16:16:55 GMT steamer Not as much as we had hoped/aniticpated - but not complaining as still a very good return. http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1889834 Mon, 17 May 2010 15:40:34 GMT Globalcrossings TIDMVERO RNS Number : 0016M BV Acquisitions S.a.r.l. 17 May 2010 ? For immediate release Not for release, publication or distribution, in whole or in part, DIRECTLY OR INDIRECTLY in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction 17 May 2010 RECOMMENDED CASH OFFER FOR VERO SOFTWARE PLC BY BV ACQUISITIONS SARL TO BE IMPLEMENTED BY MEANS OF A SCHEME OF ARRANGEMENT UNDER PART 26 OF THE COMPANIES ACT 2006 SUMMARY AND HIGHLIGHTS: · The sole manager of BV Acquisitions S.à.r.l. ("BV Acquisitions") and the board of directors of Vero Software plc ("Vero") are pleased to announce that they have today reached agreement on the terms of a recommended cash offer by BV Acquisitions for the entire issued and to be issued ordinary share capital of Vero to be effected by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006. · BV Acquisitions, established specifically for the purposes of making the Offer, is beneficially wholly owned by the Battery Funds. · Under the terms of the Offer, each Vero Shareholder on the register of members at the Scheme Record Time will be classified as a Scheme Shareholder, and accordingly, on the Scheme becoming Effective, will be entitled to receive 17.5 pence in cash for each Scheme Share held. · The Proposals value the entire issued and to be issued ordinary share capital of Vero at approximately GBP7.19 million (assuming the exercise in full of the Warrant and all outstanding options under the Vero Share Option Schemes) and the Offer Price represents: (a) a premium of approximately 20.69 per cent. to the Closing Price of 14.5 pence per Vero Share on 15 September 2009 (being the last Business Day prior to the commencement of the Offer Period); (b) a premium of approximately 42.86 per cent. to the volume weighted average price of 12.25 pence per Vero Share for the 3 months prior to 15 September 2009; and (c) a discount of approximately 2.78 per cent. to the Closing Price of 18 pence per Vero Share on 14 May 2010 (being the last Business Day prior to the making of this announcement); · The Vero Board, which has been so advised by Daniel Stewart & Company, considers the terms of the Proposals to be fair and reasonable. In providing its advice to the Vero Board, Daniel Stewart & Company has taken into account the commercial assessments of the Vero Board. · Accordingly, the Vero Board has unanimously agreed to recommend that Vero Shareholders vote in favour of the resolutions relating to the Proposals at the Court Meeting and the General Meeting, as each of the directors of Vero who currently hold Vero Shares have irrevocably undertaken to do in respect of their own beneficial shareholdings (or the shareholdings they control), amounting in aggregate to 5,453,380 Vero Shares (representing approximately 14.64per cent. of the existing issued share capital of http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1887334 Mon, 17 May 2010 06:03:27 GMT steamer great links - particluarly inetersted in the vero / siemens tie up - interesting :) .... quiet day here today - suprised too lets see what tomorrow brings http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1879350 Thu, 13 May 2010 17:58:18 GMT faz147 http://www.bfnnews.com/display/?id=3848435&sectionId=standardNews http://www.cadcamnews.in/2010/04/vero-software-plc-wins-queens-award.html http://www.vero-var.com/ Still suprised how off-the radar VERO has become, but I suppose these talks have been going on a long time, and some may have forgotten about them all together! They are missing out! :) http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1876253 Thu, 13 May 2010 09:25:17 GMT faz147 http://www.onlinetmd.com/medical-device-manufacturing-siemens-plm-vero-051310-tmd.aspx "Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services, and Vero Software Plc, a leading provider of CAD, CAM and CAE solutions for the tooling industry, today announced the integration of the D-Cubed software 2D Dimensional Constraint Manager (2D DCM) component from Siemens PLM Software in Vero’s VISI Progress software." http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1875791 Thu, 13 May 2010 08:33:31 GMT faz147 a 16.1% gain for the day, not bad at all really! Lets hope for more of the same tomorrow! :) http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1873496 Wed, 12 May 2010 16:09:58 GMT steamer mving faster than i thought it would! 18/19p now with dummy sell at 18.35 http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1871263 Wed, 12 May 2010 11:55:58 GMT steamer I'm in until mid twenties and think it might get there very quickly. i expect the takeover offer to be around that amount and this share rose to that level when the interest wasfirst announced http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1871067 Wed, 12 May 2010 11:27:26 GMT faz147 brilliant to watch, I remember when I was first in and it was rising on every trade, seems to be back to the good old days :) Just mentioned VERO on PXS BB, but if anyone wants to make good profit on these they will have to be quick! Mid-price of 20p by end of week? :) nice thought, and would be a great base for next week, we will see! http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1871043 Wed, 12 May 2010 11:22:11 GMT steamer now 17.5/19 - with dummy sell price offer at 17.85 :) looks good! http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1870999 Wed, 12 May 2010 11:15:00 GMT steamer up again! faz - good u are here - bored of talking to myself! - as we thought this is going up with every buy - another tick up, now17/17.5 http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1870846 Wed, 12 May 2010 10:51:59 GMT faz147 alright mate, looking good today, 40k of buys against a 3500 share sale, has ticked up again, now 16/17.5p max buy 1500 at full ask, max sell 50k at 16.35p, says it all about the direction this is going IMO! ATB http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1870760 Wed, 12 May 2010 10:43:33 GMT steamer another tick up - another purchase at 16.5 and price ticks up to 16/17 .... http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1870534 Wed, 12 May 2010 10:17:32 GMT steamer up again . purchase just gone through at 17.0 - live price: 16.0 /16.5 . if people got in here - this would fly ... http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1870234 Wed, 12 May 2010 09:35:54 GMT steamer lets hope a few beers + have a good evening http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1867658 Tue, 11 May 2010 15:53:08 GMT faz147 very true! The Board sounds cautiously optimistic for the long-term future of the business, but much more positive about the possibility of an offer or something equally worthy of an announcement in the next 2 weeks. max buy just went up to 1500 so I grabbed them, see if I can make enough for a few pints next week :) limited to 1000 buy again before close, might be interesting tomorrow, ATB http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1867550 Tue, 11 May 2010 15:35:29 GMT steamer i mean more than 20p ! http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1867535 Tue, 11 May 2010 15:33:17 GMT steamer faz- profit figure was after a very difficult trading year. prev profit = 9m; equates to share price of 24p - so i would say we can expect more than 19 p :) http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1867426 Tue, 11 May 2010 15:21:01 GMT faz147 £0.6m pre-tax profit, overall tax credit of £132,000 Post tax profit after exceptionals was £0.74m Cash balances at the year end were £2.3m (2008: £1.6m), with £1.5m of short-term borrowings (2008: £1.5m), resulting in net funds of £0.87m (2008: £0.09m) Net debt reduced to £2.2m from £2.9m. The Company completed a refinancing of its UK loans in December 2009 with an advance of £2m from the Capital for Enterprise Fund. These funds were used to repay the Group's outstanding balances with Fortis Bank and restore working capital levels to pre-recession levels. Product development expenditure of £1,303,000 (2008: £1,008,000) Market cap £5.78m Statistics are not bad, going on post-tax profit of £0.74m, P/E ratio of 10 = market cap of £7.4m, or 19.86p per share. Can we expect an offer greater than 10x profit? http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1867301 Tue, 11 May 2010 15:07:07 GMT steamer i am also getting an ofer 14.85 for my entire holding of 42k shares. i have my desired holding an no spare cash currently otherwise would top up. rns message re takeover looked very psitive to me and like you i anticipate interest to grow and the price to accelerate. when it starts to move, i think it will move quickly. http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1867299 Tue, 11 May 2010 15:06:59 GMT faz147 can still sell 50k max @ 14.85p, but still only 1000 shares buy on Lloyds online, at fulll ask 16.5p! If the spread was smaller I would probably buy 1000, would need 20p for breakeven though! Suprised it hasn't had more attention today but I still expect it to come onto more radar's this week and next IMO. Yesterday only one 15,000 buy, and 27,000 of sells on plus, so either MM's have buy orders lined up or they are just being very tight in anticipation of buying volume picking up, either way bodes well for us holders. You already secured your desired holding, or looking to top-up? ATB http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1867145 Tue, 11 May 2010 14:48:22 GMT steamer can sell entire holding at above Bid! (not ask!) - now that would be impressive! http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1866843 Tue, 11 May 2010 14:04:26 GMT steamer good rise today. small volume of shares available - price rises on small purchases. can sell entire holding at above ask . purchase is being severly limited. MMs want shares. looks very positive. this rose to mid twenties on original release of news of takeover discussions. A lot further to go :) http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1866830 Tue, 11 May 2010 14:03:05 GMT faz147 can sell 50k shares above bid, but can only get a quote to buy 1000 shares at full ask! Another tick-up coming IMO! Nice to see patience being rewarded, GLA http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1865982 Tue, 11 May 2010 12:20:34 GMT steamer takeover still on the cards - announcement expected in the next few weeks Offer - looks like patience may be rewarded! http://www.investegate.co.uk/article.aspx?id=201005101452136441L&fe=1 "On 16th September 2009, the Company announced that it was in talks which may or may not lead to an offer for the Company. Discussions with more than one party subsequently followed and the Company is pleased to report that negotiations are now at an advanced stage and it expects to be able to make an announcement within the next two weeks. There can however be no certainty that an offer will be made nor as to the terms on which any offer might be made" http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1862771 Mon, 10 May 2010 18:57:11 GMT faz147 Alright mate, you still holding on here? I personally think VERO could be the dark horse of my pf, haven't really payed it much attention since doing the initial research and buying in, and although a takeover would be nice to hopefully make a quick buck, I will definately look to increase my holding on any SP weakness should the takeover talks not amount to anything. As far as I know we would have to be informed if the takeover talks finished, and the last we heard was on the 4th December when they told us: Preliminary Approach Update Following the announcement by the Company on 16 September 2009 that it had received a provisional approach from a financial institution that may or may not lead to an offer being made for the Company, the Company has continued to pursue discussions. The Company remains in an Offer Period. Any thoughts on the recent 100k trades, looks like the 2 most recent could actually have been buys..........maybe??? Due to us being in an offer period, it would only take 4 100k trades (1%) to be buys from the same person, and we would have to have a holdings disclosure. Obviously they could be sells, in which case the MMs were still willing to pay well above the bid. http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1557279 Mon, 08 Feb 2010 20:19:56 GMT EdgeFund lp 13.75 13 - 14.5 Huge spread something going on here! http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1353051 Mon, 07 Dec 2009 09:21:41 GMT EdgeFund Up 0.5 LP 13.75 http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1300564 Tue, 24 Nov 2009 07:51:55 GMT EdgeFund movement in shareprice today. Tumble......................................................................................................................Weed! http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1273595 Mon, 16 Nov 2009 17:03:57 GMT EdgeFund Is this still in takeover talks as previously discussed on this board or has that now passed? http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1269015 Sat, 14 Nov 2009 18:21:15 GMT bumpyride Wouldbe nice to have an update on the talks. http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1265674 Fri, 13 Nov 2009 13:59:13 GMT EdgeFund Hi, yes I agree. Luck favours the brave, and those that wait! http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1250611 Tue, 10 Nov 2009 16:39:52 GMT faz147 still holding here mate, think they are a very solid long-term investment IMO! would like to see some updates but happy to hold all the same! GL http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1249816 Tue, 10 Nov 2009 14:36:07 GMT EdgeFund outlook rates this as a strong buy still - Come on Vero lets have some movement! Anyone else got something to bring to the table. Its very quiet on this BB!!!! Heloooooooooo? http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1245313 Mon, 09 Nov 2009 14:21:19 GMT EdgeFund http://www.investegate.co.uk/Article.aspx?id=200911021148497706B http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1215661 Mon, 02 Nov 2009 12:50:11 GMT EdgeFund positive - not many analysts backing this but those that do place it as a buy http://uk.reuters.com/business/quotes/recommendations?symbol=VERO.L&searchType=symbol&y=0&x=0 http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1210204 Fri, 30 Oct 2009 16:57:23 GMT EdgeFund No not yet, havent received anything yet. Looks like we are in for the long haul. One of those shares that we all needed to do some more indepth research on before jumping in http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1195052 Wed, 28 Oct 2009 13:16:01 GMT POST1X Not heard anything and got a rather stern reply from the company when I asked. Did you get a letter/pack last week? Mentions they need a £2m loan and possible dilution :o http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1192005 Tue, 27 Oct 2009 22:14:18 GMT EdgeFund anyone got any more news on potential takeover of this? Today a bit of a doldrums day LP 15.75 DOWN 0.5 or -3.1% http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1183775 Mon, 26 Oct 2009 12:52:45 GMT EdgeFund Not a lot at the moment - this one will just spurt on news and so hang in there http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1180833 Sun, 25 Oct 2009 15:38:25 GMT bumpyride No movement nothing, whats accuring. http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1163596 Wed, 21 Oct 2009 14:13:05 GMT faz147 thanks for that mate, seems like a positive development to me, £2m will allow them to pay off their debt to Fortis Bank and have access to increased working capital, with only a possible 3million shares so dilution would be minimal. Also the remaining cash should help to strengthen VERO's position in negotiating a possible offer, so as long as shareholders approve it, this is good news. We will see :) http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1139224 Fri, 16 Oct 2009 09:13:00 GMT oldtramp rns http://www.londonstockexchange.com/exchange/prices-and-news/news/market-news/market-news-detail.html?announcementId=10233823 http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1137067 Thu, 15 Oct 2009 17:53:26 GMT Wadger Anyone know why it's impossible to sell any of these at the moment? http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1090496 Mon, 05 Oct 2009 21:37:40 GMT Wadger I've been trying to sell some of these all morning, but just keeps asking for a negotiated trade? http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1087526 Mon, 05 Oct 2009 11:25:35 GMT POST1X Hard to believe how much money I have lost this week in Vero. I know I brought at 12p, but couldn't sell until I received my certificate (which I got today). £14,500 profit gone in 10 days :( Fingers crossed for the offer. http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1082525 Fri, 02 Oct 2009 17:16:06 GMT POST1X close price here is wrong I think there was a lateb uy which lifted it slightly http://www.lse.co.uk/shareChat.asp?ShareTicker=VERO&post=1071546 Wed, 30 Sep 2009 17:10:18 GMT