Member Info for BouncersDream

Weird isn't it, you can tell by the grammar and structure and tone that's it's a spam post not a person. Wonder what the point is? Imagine making your investment decisions based on what gets posted on BBs let alone by spambots posting on BBs.....!

Anyhoo hopefully the merger date is now within touching distance and some of us might be see a price where we can finally hit sell and move on. Fingers crossed

Maybe. If the BoD can be bothered, last 'quarterly' was about 3 months ago but as we all know, this shower work to a different calendar to the rest of the world

Is this Brent and JN after they've had a couple too many on a Sunday afternoon down the golf club, going home and setting themselves up an account each? Certainly sounds that way.

Agreed, that's my plan - I'll take a small loss, just not the 50% I'm sitting on currently

Just more of the same Joe. I know it's not something that anyone wants to believe when they've sunk their hard earned in to the business but this lot are simply not interested, which seems pretty disrespectful towards shareholders. Maybe the quarterly is always late because it's rarely got any good news in it and they're reluctant to put it out? Whatever the reason it's symptomatic of how the BoD have approached this for the last few years, we really shouldn't be surprised any more.

Also, I would sincerely hope that it would pass .025 on the merger being announced and the £4mil being effectively de-risked. it wasn't far short of that just a few weeks ago on the last p&d.

And whilst I'm having a moan, why is this 10% down, which clowns can't wait another week to sell when they'll likely get a much better return for doing so? Sometimes this whole thing is just baffling.

Still one of the most pointless / embarrassing bits of business ever seen on a Vela RNS that

Do I remember right that when something's risen on IPO they've sliced a bit? Sure they've done that a couple of times, KNB being one of them? Wonder if they'll do that again, assuming it doesn't tank immediately. Not a bad policy particularly if it's a case of keeping some £ in the bank whilst the merger stuff works it's way through

Joe you've gone all msuk. Brilliant

I don't want to jinx this, but.... I can't remember when we last had 2 strong days in a row. Literally years since it last happened I reckon. Come on Vela, you can do it

Maybe just your old pal The Bishop sticking his hand in his pocket! Now we just need Jimmy to show up with a rush of blood to the head tomorrow and give it another bump.

Always nice to see these sorts of days here, it's just the ones that follow that tend to be deflating.

So are we all just assuming the merger is going to take place, do I remember right that it'll be going to a vote? We seem to just be assuming it's a formality, maybe it is. Anyone see any potential hazards? If it is just a formality then the market doesn't seem to be exactly ploughing in here, same old same old where the volume and sp are concerned so far.

Course there's always a chance that Vela might contrive to put out a bad RNS in just before - like they've run out of money, something like that....

Just another one for the junk pile Joe, sling it on there with Mode etc - bearing in mind how the TSP investment came about I don't suppose we could expect anything else although if the directors there do get hauled over the coals for their misdemeanours it again calls in to question what dd the board did in the first place.

As we've all known for the last couple of years Vela is still a binary call, either the original AZD1656 investment will come good in whatever shape or form and the sp will recover, or it won't in which case the rest of the portfolio ain't going to prop things up given the amount of duds JN seems to pick

True - but still very Vela for the sp to actually drop on this RNS. As usual the BoD are behind the curve and .02 not able to be held

Fair play to you Jimmy, you've got both deeper pockets and more confidence in Vela than me! Single-handedly pulled this out the mire today, I know I moan about the board but I can promise you I'm just as keen to see this re-rate as you are

'massive buys' - he he. Not exactly.

This is all very familiar territory - a sniff of news, a one day rise followed by a decline over the following week, Joe getting very excited, Jimmy ramping to himself. I'm not sure Vela has broken .02 this calendar year and if it has it clearly hasn't managed to hold it and I can't see any reason why it would until the merger is actually announced. Until that happens this remains firmly in the bottom drawer

Last one was 6th June, I don't think you'll be seeing another update until late Sep to be honest Joe. Hopefully next RNS will be merger news and not a placing due to them having blown the final cash reserves on their own wages.

Jimmy I can't understand why you'd be buying now and not when it was at .014? What's with the 'wink wink', is this more secret inside information? It's almost as if you're making it up as you go along....

Well I'm just glad to see what looks like being 2 decent days in a row. Obviously it'll slowly dribble away in the coming fortnight but it's good to be reminded that this can move quickly when the conditions are right

Thanks for posting link Joe. Let's hope we see the merger in the coming weeks, nice start this morning though, good to see signs of life again

That's a balanced view on the portfolio as a whole - there's always going to be some winners and some losers and as you point out, there's a decent enough mix of sectors in there without any exposure to retail which seems really volatile at the moment. Pharma / engineering / mining etc all seem better bets once the macro situation improves which it eventually will, perhaps it'll take an end to the Ukraine war or something like that help it along with a significant drop in inflation and interest rates which we should see over the next 6 - 12 months.

The concern for me (and clearly others) is some of the decision making - spending most of the available £ and leaving the coffers very short indeed just makes potential investors nervous of a raise. The lack of director buys of any sort. The unexplained Laiker transaction at double the SP at the time. The nod towards improving IR then reverting back to sporadic communications and 'quarterly' updates always being weeks late. The utterly ridiculous Truspine debacle. Those are the ones that spring to mind immediately I'm sure there are others and every single one of them is directly down to the BoD and their MO. if they sorted that side of things out I'm sure we'd all be a lot more forgiving of the occasional duff punt, it's all in their control they just choose not to bother and continue to pick up 5 grand a month. Nice work if you can get it.

Sounds like a big night last night Joe. maybe switch off for a month or two?