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New TIDM is BONH - not on LSE yet...
Massive spread here though ...a bit off putting
Tipped pre-xmas: Babblers Best Buys for 2018: VIS: Current Price: 2,75 ask Year high: 3.5 ask. MCAP 4.5M Reasons to buy: 1.New management new direction. 2. Management have been buying recently. 3. No debt. 4. Revenues 1m 5. Website traffic increased by 63%, compared to 2016 6. Axn oversubscribed capital raise to provide funds for growth and investment in a new growth strategy. Near term drivers: The Group continues to assess acquisition opportunities to complement our growth strategy. Theyare already assessing some exciting opportunities that they hope will meet our criteria. Areas of interest have the following characteristics: a widely distributed community that needs content to remain informed and/or compliant, a need for networking to develop business and communicate, and conferences or awards events to get together and celebrate success. Downsides: Low liquidity, loss at last report and low price of 1.63. Vitesse Media plc is an AIM-quoted leading B2B media business specialising in events, digital activities, data and research across four key sectors: Technology, Investment, Diversity and SME. Vitesse's ambition is to create content that informs, communities that engage and brands that inspire in order to enable a better business environment for our sponsors and clients
2 days to go... may have to find some funds asap... for the 3p spike hopefully :D
guess not many here? Should build up nicely to results now... look forward to reading them!
Morning all... too early for a beer? :P
The MMs i hate here, if you read this, you suck.
Last post: Babbler2, 28 Sep 2017 12:13
It's what they ain't showing you you need to worry about... Ie the buys... Which have all been rns today. Ie being held for buyer Imo.
Gotta Love this share, 2x 1m buys the other day and stagnant sp, a few small buys today in comparison and up lol
considering the investment by the people in charge @ 2.5 - and the recent placing... and coming news... yeah probably a p and d ;)
Beware of the P&Ders
rising again... interesting...
Started: itisagame, 26 Sep 2017 12:28
Last post: itisagame, 26 Sep 2017 12:28
That was a quick meeting and rns release, Let see where it goes from here.
Last post: itisagame, 21 Sep 2017 20:30
GM onTuesday so might find out a bit more information then. would indeed love a boom but any increase is always nice.
the wait is for what they will do with the money... imo... when announced then its boom time... so one to buy and hold if you want to. dyor etc. could be a while though - no timing details.
Last post: itisagame, 15 Sep 2017 12:21
Was uneventful here. Waiting 2 weeks till £2m in the bank I guess.
Last post: Babbler2, 11 Sep 2017 09:43
I Expected a bit of upward movement today off what I considered a positive rns... market lag I guess just give it time.
As per most aim shares spread isnt as advertised.
Started: Birdseye, 11 Sep 2017 09:41
Last post: Birdseye, 11 Sep 2017 09:41
Again
Started: Birdseye, 9 Sep 2017 19:20
Last post: Birdseye, 9 Sep 2017 19:20
Great news, it's very refreshing to hear the Directors have integrity which seems quite rare on AIM. The company will now be debt free with money for new assets. New PI's should consider. Results released at the end of June last year brought the SP to over 4p with the company at a much poorer position. The new Director got a previous company to £55m from start up in 7 years. People strive to better themselves. DYOR and be pleasantly surprised to find a company a LTH can feel safer investing into.
Last post: itisagame, 8 Sep 2017 21:52
i look at this and think Stilwell and Cross will have done the quickest, cheapest and simplest take over i have ever seen. What else have they got their finger in? Could any of their other companies fit the bill here and be bought out / integrated in to VIS? they have A lot of money invested here now, they must have a good plan, hopefully all other shareholders benefit from what ever it is.
They have actually survived on a shoe string for many years but its the first time they will will have monies. Will be debt free if they wish. Stilwell has bought an additional 10,486,201 £200k A Cross has bought around 25million or £500k point to note they were going to invest £500K in total. They have actually invested £700k. A Cross is in a "PERSONAL CAPACITY" which is different.
Last post: SHADOWW, 8 Sep 2017 21:08
Can be a Multi tier-ed Media comapny. Stillwell did pretty "well" at liberum. Startup to £55mill Events division - 45% increase Rev (will expand) Online - Web traffic increased with modest investment (now have 2mill). 1st 6 months sessions increased by 3mill and page impression grew 63% to over 6.7million. Now looking at SEO, social media and data management. A new time has arrived here and this is building to be a media tech company
Started: itisagame, 8 Sep 2017 18:51
Last post: itisagame, 8 Sep 2017 18:51
So after this VIS will have approx 200m shares in issue total (64m + 25m deferred + 107.5m) Approx £2m cash (they had £116k in results, obviously some of this will be used for debt) Plus from results "Total equity and liabilities £2,593,225" so approx £4.5m in cash and assets. £4.5m / 200m shares = 2.25p / share in cash and assets. i did like the idea of a premium placing but 2p is alot better then i have been hit with in the past on others.
Yup... It's what they will do with the money that's important
At the risk of sounding like a ramp... Nice!!! I'm happy with that, has removed any worry completely for me, and nice to think I got at least one batch lower than that too. they have just raised more than the market cap of the company, in a single placing. And At a better price then the spread if you sold at the moment. This money will change the company. Hope the market agrees with me good luck all next week and going forward.
Placing at 2p. Not too bad. Out the way now. Boom next week maybe lol.
bought at 2.4p Below dirs purchase. Looks like stilwell has his plans
Last post: Birdseye, 7 Sep 2017 08:46
Sorry, I are asked bigbear as he is. It's just a question.
Hi Birdseye, i am not a paid premium member on LSE so unfortunately do not have access to private messaging
Check your inbox
Started: Birdseye, 6 Sep 2017 16:07
Last post: Birdseye, 6 Sep 2017 16:13
"The Board considers that there may be opportunities in the next twelve months to acquire assets cheaply from other media businesses that are in difficulty or that are refocusing on other activities. "
£215,205.44 + £64,561.63 = £279,767.07
Issues of share capital (Resolutions 6 and 7) The existing power granted to the Directors to allot shares and to disapply these statutory pre-emption rights expires at the conclusion of the AGM. Accordingly, an Ordinary Resolution will be proposed to renew the Directors' authority to allot shares up to an aggregate nominal amount of £215,205.44 (being one third of the issued ordinary share capital at the date of this report). This authority will expire at the earlier of the conclusion of the AGM to be held next year, when the Directors intend to seek renewal of the authority, and 26 December 2018. In addition a Special Resolution will be proposed at the AGM to renew the Directors' powers to allot shares for cash up to an aggregate nominal value of £64,561.63 (being 10% of the nominal value of the Company's ordinary issued share capital) without first offering such shares to existing shareholders. The Board considers that there may be opportunities in the next twelve months to acquire assets cheaply from other media businesses that are in difficulty or that are refocusing on other activities. To ensure that the Company can take advantage of these potential opportunities, the Board considers it important that it can move both quickly and cheaply. The Company may also wish to take advantage of changes in market conditions by developing our technology or infrastructure. The Special Resolution also enables the Company, in the event of a rights issue, to meet certain practical difficulties which may arise in connection with fractional entitlements or in respect of overseas shareholders as a result of local laws and which prevent shares from being issued strictly pro rata. This authority will expire at the earlier of the conclusion of the AGM to be held next year, when the Directors intend to seek renewal of the authority, and 26 December 2018.
Started: Birdseye, 6 Sep 2017 14:06
Last post: Birdseye, 6 Sep 2017 14:06
Simon Stilwell and Anthony Cross have each acquired 6,373,799 and 7,013,799 existing ordinary shares of 1 penny each in the Company ("Ordinary Shares") respectively, at 2.5 pence per Ordinary Share. Simon Stilwell and Anthony Cross' resulting holdings are 7,013,799 and 7,013,799 Ordinary Shares respectively, each representing approximately 10.9 per cent. of the Company's issued share capital. The Company also announces that subject to shareholder approval it is considering an issue of new Ordinary Shares by way of a placing 🔸to raise up to £2.0 million,🔸 the proceeds of which will be used to repay the Company's current indebtedness and for working capital purposes. In particular, the proceeds will be used to fund the development of the Company's Events business, including the successful 'Woman in.." series as well as expanding the capabilities of the Company's exisiting digital platforms and to fund new business development. The new business areas will concentrate on the provision of media and equity research for both institutional and private investors. The Company has been informed that Messrs Stilwell and Cross intend in aggregate to 🔸invest £0.5 million in the proposed fund raising. 🔸 A further announcement will be made in due course.
with 28million extra shares would raise £2mill at 7p Thats if they wished to raise at 7p! New dirs want to put a further £500k in the company.
That is what I have. 100k max at 2.4p!