Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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His buy tips are normally crap but his sell and fraud tips are normally spot on
Back in March this year his hotstockrockets tipped this...
"Buy Veltyco at 89p, target to sell 125p+" Today 7p of course.
Sadly one of so many train crashes he's tipped. To think that some folks actually PAY to read his garbage!
Is there? Could there possibly be a worse share blogger in Britain?
Thanks . 6.1p
As at 16 November 2018, the Group had a cash position of approximately €0.6 million. If the Company is unable to increase its overall cash position, its ability to provide the level of marketing spend to support the launch of its own regulated online financial trading brand, which is, subject (among other things) to customary regulatory approvals, expected to be launched in December 2018, will be impacted. This will in turn have an impact on the growth and revenue generation of the Group's regulated brand following its launch. Awful!
Everytime I look it's lower.
Why ?
Was tempted to buy into here around 100 then I saw them trying to jump the blockchain wagon and that was enough for me to know they were a wrongun
Anyone have any insight as to why this is being hammered?
Is this ever likely to recover.
For anyone is still holding this stock......please in future set a stop loss and stick to it. I got out @ 77p, my stop loss was set at, -15p, but seeing the manipulation by mm, I sold @ -11p. It's not easy to accept a loss, but it's ALWAYS better to be safe than sorry. In my case I have recouped that loss many times, because it's easier for small losses than a big loss. People posting here have missed sells @ 77p (mine, see post), 69p (director), 49p (my post again) and today we are @ 22p to sell. .....PLEASE USE STOP LOSSES.
Own brand launch imminent ?
Cash Flow The Group operates in three major verticals (sports book and casinos, online lotteries and online financial trading) and has revenues and cost centres in numerous locations around the world. Significant growth was achieved across all verticals during 2017 and in particular, in respect of commissions due from the Group's marketing activities in online financial trading. The Group has experienced some operational difficulties in receiving agreed marketing commissions within the online financial trading vertical due to internal processes applied by the Group's banks, however, the Directors have received written confirmation from the operators that the commissions are due and payable to the Group. The Directors started the process of restructuring the Group's banking relationships during 2017, in order to collect the receivables from all trading operators in different locations, without any restriction and the benefits are already being seen and are expected to increase in the coming months. As a result of the above, the Group had a negative cash flow from operations of €1.1 million for the year ended 31 December 2017. Following completion of the restructuring of the Group's banking relationships, the Group does not expect to experience ongoing issues regarding the receipt of commissions due to it pursuant to its marketing agreements.
At the end of the day it’s a profitable business, the only issue is the overtrading from acquisitions but if they can manage the cash flow we will see capital growth and dividends IMO.
The director needed the money to buy a house next door to me !
We'll see ! Could be a sharp upturn tomorrow !
Are you sure?? Receivables rising..very odd . Director sale one week ago. Binary options revenue now zero. 51% of Bet90, marketing spend needed. Very little cash. I would say overbought!! Where is the revenue coming from. Terrible critique on internet.
Good Company get in there !
Glad to be out of this $hit months ago. Sold at a loss of 11p per share (incl 5p spread). Hopefully, a few days ago you all saw director sell of 1.4million shares @ 69p, and acted upon it. End of play today it is 49p.......says it all. To be fair, I did advise new buyers to stay away from this share. while I was still holding a position. In the end I took my own advice and sold.
In many of the stocks I've bought, acquisitions usually increase the shareprice, so hopefully this is now grossly oversold, and if there is a placing it'll be balanced out by the potential returns of the acquisition. Either way, someone has inside knowledge.
not in here but had a quick look at the results and came across this: "As previously announced, the Company is in discussions regarding the potential acquisition of Ruleo Alpenland GmbH, a company that operates the BTTY branded sportsbook in Germany and Austria.� Following completion of due diligence and recent developments regarding the German license program that could impact on BTTY going forward, the Board is currently considering its options regarding the acquisition and will update the market shortly" on �1.65m cash remaining anf a divi to boot I guess you might have a placing for the acquisition coming Just my opinion, good luck
Will someone please explain the huge drop. I thought we had good results and a Dividend. Whats going on here.
Bloody gd results and now divi - well done bod
Are we due results this week
Looks good to me. Sharprice should be double by now.
https://simplywall.st/stocks/gb/consumer-services/aim-vlty/veltyco-group-shares