Member Info for faz147

first time in about 10 minutes the sell price has gone up, only from 19 to 19.1p, is it turning? HOws level 2 looking now?

could this be partly MM induced? Doesn't seem that way as was hard to sell at 22p+, do you think the sellers will be done soon? :)

posted twice, computer playing tricks!

The easy way to value Vero Software Flomerics is in a similar line of business: “Flomerics is a world leader in the computer simulation of engineering design processes including heat transfer and fluid flow simulation. Our customers eliminate mistakes, reduce costs, and accelerate and optimize their designs by applying our simulation software and consultancy services before building physical prototypes. With advanced Computational Fluid Dynamics (CFD) software, we help increase efficiency in your development process, saving valuable time and money.” http://www.flomerics.com/ Recently purchased for 122p per share, which valued the company at approximately £30.1m. FLO’s FY 2007: Turnover - £14.6m Gross profit margin – 95% Comment – valued at over twice times turnover. VERO’s FY 2007: Turnover - £12.7m Gross profit margin – 94% Current market cap - < £9million This valuation seems unrealistic to me considering the economic climate and the lack of available credit, so not the best guide IMO, but the companies reliable profitability will be attractive to any prospective buyer. Bare in mind this offer may not lead to anything and this rally will have to slow down and probably turn around at some point! DYOR

The easy way to value Vero Software Flomerics is in a similar line of business: “Flomerics is a world leader in the computer simulation of engineering design processes including heat transfer and fluid flow simulation. Our customers eliminate mistakes, reduce costs, and accelerate and optimize their designs by applying our simulation software and consultancy services before building physical prototypes. With advanced Computational Fluid Dynamics (CFD) software, we help increase efficiency in your development process, saving valuable time and money.” http://www.flomerics.com/ Recently purchased for 122p per share, which valued the company at approximately £30.1m. FLO’s FY 2007: Turnover - £14.6m Gross profit margin – 95% Comment – valued at over twice times turnover. VERO’s FY 2007: Turnover - £12.7m Gross profit margin – 94% Current market cap - < £9million This valuation seems unrealistic to me considering the economic climate and the lack of available credit, so not the best guide IMO, but the companies reliable profitability will be attractive to any prospective buyer. Bare in mind this offer may not lead to anything and this rally will have to slow down and probably turn around at some point! DYOR

could still be another 30-100% in anticipation of results and takeover, but you have to decide if the downside risk is too high, or if you can afford to speculate!

enjoy the peace and happiness while it lasts mate! hgac good move there mate, does Spirit know about this one?

still just under 21p to buy on lloyds dummy buy! Dont panic

seems like all it needs! Dont think my buys will be making a difference but I know some of yours are! You still in ITV? Tempted to dump it in here? :)

if we take it in turns to top-up, we could keep this rally going just on LSE posters buys! :) think 30-35p might be a realistic buyout price, but that could be a while away!

just got a few more at 21.1, when is this gonna stop? :)

well at twice turnover it would be about 59p a share, but that seems unrealistic considering economic situation and lack of available credit! Always possible that takeover won't happen, so trying not to get too excited! :) what do you think?

The easy way to value Vero Software Flomerics is in a similar line of business: “Flomerics is a world leader in the computer simulation of engineering design processes including heat transfer and fluid flow simulation. Our customers eliminate mistakes, reduce costs, and accelerate and optimize their designs by applying our simulation software and consultancy services before building physical prototypes. With advanced Computational Fluid Dynamics (CFD) software, we help increase efficiency in your development process, saving valuable time and money.” http://www.flomerics.com/ Recently purchased for 122p per share, which valued the company at approximately £30.1m. FLO’s FY 2007: Turnover - £14.6m Gross profit margin – 95% Comment – valued at over twice times turnover. VERO’s FY 2007: Turnover - £12.7m Gross profit margin – 94%

brilliant performance from this share already, if this gets some more attention then anything could happen! Think pinkcow might be more confused then ever now, but hey atleast she is in profit! What happened to hgac, last seen outside ITV offices demanding a Fruitflow product placement!

think a large spread is to discourage buying on a share that MM's only hold small amount of shares, and to maximise their own profits from the difference in buy and sell price when their is only small trading volume. When you can easily sell a large amount of shares, but buying is restricted, MM's want the shares and dont want us PI's buying too much until they have accumulated enough to move the price up and sell them back to us at higher price! Hope my ramblings make sense :)

http://markets.ft.com/ft/tearsheets/businessProfile.asp?s=UK:VERO ft's peer analysis of VERO Software near the bottom is interesting, many of the companies with revenue under £4m have market caps similar or higher than VERO's, despite VERO's revenue of nearly £14m! Dont think any of them are direct competitors to VERO, but still suggests that they are undervalued. oldtramp, had a quick look at Dassault Systèmes, also Peter Gyllenhammar, the prolific Swedish investor, VERO's largest shareholder, who is also a major shareholder in Leeds Group since 1999, Chapelthorpe, and many others. Seems to be a good guy to have invested, could be pushing for a dividend?? http://business.timesonline.co.uk/tol/business/industry_sectors/consumer_goods/article6115750.ece http://business.scotsman.com/ebusiness/Dawson-cold-war-heats-up.5182631.jp THE REBEL PETER Gyllenhammar, the Swedish activist investor, has a strategy of acquiring stakes in small under performing companies, from textiles to jewellery, and pushing for change to boost the share price. The 53-year-old owns around 20 per cent of Leeds Group but is the driving force behind its attempts to gain control of Dawson International, where he has already installed two non-executives. Events have not always turned in his favour. In 2006 he took a 15 per cent stake in NMT, the Scottish medical company turned cash shell, pressing it to return its cash to shareholders. When this was rejected, he dum

big thanks to you all for making me aware of this and sharing your research as always! Might have to find the funds to top-up tomorrow, if we all do the same there should be another 10-15% by close! :) off to walk the dog, have a great evening

there goes the chance of some last minute top-ups then! Have to go to family meal tonight but want to carry on researching these guys, looks like it might be a late one tonight!

Noticed the reduction of its Share Premium Account but wasn't sure what that it implied. Do you think the entire £4,000,000 has to be passed on to shareholders, because that would be an equivalent of 10p per share in dividends, even if it is spread over a few years that is still crazy! Thanks for the link, I'm sure you noticed that in 2007 the proportion of revenue from China was tiny, less than 1/36th of their revenue, so things really can only get better on that front! Still digging

certainly seems to have a profitable business model and some interesting technology that I dont really understand as yet, SP moves on small volume, offices in key growth markets worldwide, and a potential dividend at year end?? Not sure about that though tbh, but certainly worth some extra investigation. GL