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Started: MattTheBrave, 9 Feb 2017 15:58
Last post: MattTheBrave, 9 Feb 2017 15:58
Yes, overdone. The bit they're selling has done much worse than expected, which makes the price they got even better! Remaining business also marginally behind, but record order book. Does this deserve 40% fall? No IMV. Indeed I'd go as far as to say the mkt has been a bit of a bell end on this one......
Started: jollyspeculator, 6 Feb 2017 14:07
Last post: jollyspeculator, 6 Feb 2017 14:07
ADMIN..needs new share chat for PEB
Started: Gerry557, 6 Feb 2017 11:36
Last post: Gerry557, 6 Feb 2017 11:36
for shareholders? The sale, completed after a big change leaving the "good bit" and now that is going down the swanny. Trust is easily lost and then it take so long to get it back. Mr Hawkins for PM then!
Started: MattTheBrave, 3 Feb 2017 10:43
Last post: MattTheBrave, 3 Feb 2017 10:43
...with deferred payment. 25p here we come..... (IMO)
Started: MattTheBrave, 25 Jan 2017 15:17
Last post: MattTheBrave, 25 Jan 2017 15:17
....when this gets bought out Gerry. I think there's a reasonable chance of this medium-term given the quality of PBS. Since August, I've made back half the losses I had in the stock from the previous 2 years. I'll be breakeven at 22p. Finalization of the deal leads to 25p in short order IMO. We'll see.....
Started: MattTheBrave, 20 Jan 2017 15:47
Last post: MattTheBrave, 20 Jan 2017 15:47
...just keep buying God bless them. More than 13% now.
Last post: Gerry557, 18 Jan 2017 18:38
Matt, you were always braver than me here. I have a beef with management and wondered if it was another doggy deal on the back of a good promise to shareholders. Of course it could be the buyers are getting cooler feet or that they cant really afford it and need to sort something different out. I hope your bravery is rewarded and maybe I'll be back if management change.
....yet the stock's back up 6% and where it was when the news hit yesterday...... Good news here is that at least SHs and management are aligned on this one!
Something fishy seems to be going on. After the sale announcement I considered getting back in then remembered the management haven't changed. So from the jaws of victory it looks like some sort of mess reappearing. Although that shouldn't surprise me. Glad my monkey brain waved the red flags at the time and stopped me. Still lets hope its not half as bad as it could be for the shareholders, they deserve so good luck. Maybe I should exclude VLK from my email updates but I was hoping one might mention a management change.
Started: spaceinvader2, 16 Jan 2017 14:59
Last post: spaceinvader2, 16 Jan 2017 14:59
Paul Scotts view is this is a very bad bit of news today-see Stockopedia for his blog Monday 16th January. Nothing is straight forward with Vislink
Started: fourteenhundred, 16 Jan 2017 10:40
Last post: fourteenhundred, 16 Jan 2017 10:40
Guess there will be a late large trade because as you say the Sp is holding despite the selling pressure. Looks like it ain't plain sailing (not unusual) for VLk when it comes to finance.
Started: Frisby, 16 Jan 2017 10:29
Last post: Frisby, 16 Jan 2017 10:29
However it appears a buyer is soaking up the 2.3 million sold this morning. As would have expected a bigger drop all things considered with this share
Started: Frisby, 16 Jan 2017 10:27
Last post: Frisby, 16 Jan 2017 10:27
Its late in the day to be moving the goal posts. In particular I don't like the line "The terms of the loan notes and security are to be agreed in advance of the general meeting referred to below." Those terms could hypothetically lead to a material change in the quality of this deal. Get the feeling VLK are desperate and the buyer is starting to realise this. What next then? RNS Announcing the deal is now for a total consideration of $12 million or some other lesser figure. I hope I'm wrong but I've halved my position size and taken some healthy profits at 16.5p.
Started: MattTheBrave, 16 Jan 2017 09:29
Last post: MattTheBrave, 16 Jan 2017 09:29
...with the acquisition now being paid for in two parts. Clearly there is a higher risk of the deal not proceeding than before, so share price move is logical, but given the that the $9.5m is only deferred by 45 days, still feels like a reasonable bet to me. Any other thoughts folks?
Started: MattTheBrave, 12 Jan 2017 09:55
Last post: MattTheBrave, 12 Jan 2017 09:55
...back above 17p. Very much looking forward to the next statement.
Started: MattTheBrave, 9 Jan 2017 12:04
Last post: MattTheBrave, 9 Jan 2017 12:04
...I'm, expecting 25p by end June.
Started: Frisby, 22 Dec 2016 12:37
Last post: Frisby, 22 Dec 2016 12:37
Off we go! Train leaving the platform. Overhang now cleared from large seller. Should see this begin to run up and then spike higher on completion of sale of VCS. 2017 game changing for VLK
Started: MattTheBrave, 19 Dec 2016 13:50
Last post: MattTheBrave, 19 Dec 2016 13:50
....deal to sell VCS confirmed today. Proceeds leave the PBS business with no debt. Business now a fast growing software Company, on which a multiple of 3x sales should be justifiable. Assuming £12m full year sales should give a market cap of £36m, vs current mkt cap of £17m. So, anyone want to give me a good reason why this stock shouldn't move to 25p quite quickly?
Started: fourteenhundred, 16 Nov 2016 07:52
Last post: Frisby, 16 Nov 2016 12:31
Plus a further £2000 bought by me. Onwards n upwards. Rerate here we come!
A further 685/- bought by Kestrel Partners.....every little helps!!!
Started: MattTheBrave, 2 Nov 2016 13:05
Last post: MattTheBrave, 2 Nov 2016 13:05
...that it's not good money after bad!!
Kestrel Partners goes through 10%, as I mentioned before, big order being filled. Lots of sells at 14.5p over the last few days and bid remained static. Might be a top-up opp looming if selling continues.
Started: coulie, 27 Oct 2016 18:58
Last post: coulie, 27 Oct 2016 18:58
If one looks at VLK's share price chart going back 20 years on Yahoo, this stock has been a dog throughout the period, soaring on occasions only to fall back with a crash every single time even though its activities have always looked leading edge. I've been caught a couple of times, meekly handing back decent profits. Difficult to forget the past sometimes!!
Started: Laprik, 27 Oct 2016 12:02
Last post: Laprik, 27 Oct 2016 12:02
JH has raped and pillaged the organisation. even when he goes he will make a lot of money as he has granted himself shedload of shares at zero cost
Started: jollyspeculator, 26 Oct 2016 01:04
Last post: jollyspeculator, 26 Oct 2016 01:04
is the key here imv...pushed to non exec (chair) as compromise first step?
Started: fourteenhundred, 24 Oct 2016 19:00
Last post: fourteenhundred, 24 Oct 2016 19:00
Couldn't agree more......JH to sling his hook.
Started: edde, 22 Oct 2016 10:18
Last post: MattTheBrave, 24 Oct 2016 18:10
Haha - not quite. They'll be left with a £12mn pa high margin (soon) business with growing at 20%+ with no debt, and a market cap of £18m. Don't disagree with you regarding management quality, but future looks brighter than it has for some time. Just need to JH to sling his hook, and the turnaround will be complete.
So after this deal completes, Vislink will be left with Pebble Beach Systems, which is a £5m per annum business. The Vislink board really have done a cracking job over the last few years!!
The Agreement Vislink Communication Systems, which is expected to generate sales between $45 million to $50 million in the present year, specializes in the wireless capture, delivery and management of secure, high-quality, live video from the field to the point of usage, or "from scene to screen". Vislink provides broadcast communication links for the collection of live news, sport and entertainment events. In the public safety and surveillance markets, Vislink provides secure video communications and mission-critical solutions for law enforcement, defense and homeland security applications. The purchase is expected to close by year-end 2016. xG Technology had previously entered into a letter of intent with Vislink PLC, and now announced its binding agreement to acquire Vislink Communication Systems. Roger Branton, CFO and Co-founder of xG Technology, said: "We believe that Vislink chose to sell the division to a purchaser that would operate the business as a going concern versus financial acquirers. We further believe that the combined business will create a market leader in video technology providing scale and global reach."
Started: fourteenhundred, 24 Oct 2016 17:56
Last post: fourteenhundred, 24 Oct 2016 17:56
even with my long sighted, rose tinted glasses on, I cannot see those 'big order' delayed trades? IMO