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And still my case. Unfortunately VE ran out of money and have had to raise at a fraction of their £1.2 billion value. It has come as a shock to me having some serious money invest in VE, however I am still hopeful as to the eventual ipo/takeover. THe main thing is VE are still around so hopefully onwards and upwards from here. I am happy to inform this board of any further updates as I will get them if you wish me to. If u think I'm gloating or,trying to buy shares cheaper I will not post, only trying to keep you informed.
No interest in buying in here, have enough exposure directly with VE. Merely pointing out the obsvious, if one of your holdings loses 50% of their value you would surely expect a decrease in your own share price, not sure that's rocket science and don't want to get involved in any slanging match on here. Sincerely hope it holds up, would make me happier with my direct holding.
Doesn't matter the value now only on what the eventual price cha get for their holding. Also concha can subscribe for more shares at the lower price thus averaging down. Expect conchas share price to be hammered tomorrow but hopefully only temporarily.
Sorry to tell you but your all wrong. Email went out to all shareholders and loan note holders last night at 8.00 pm saying that a group of shareholders led by Aston ventures were raising money at 50p per share. Concha paid £2.50 ( pre consolidation £250). The group are also getting an extra 18million options at 50p and 42million options to be exercised at 1p. Massive dilution I'm afraid but at least they are not going bankrupt.they will eventually hold 42% of the company fully converted. It appears they have looked after themselves.
Just had an email that VE are raising money at 50p per share. £2 less,than concha paid . Ouchhhh.
If you look at the value of many tech companies, UBER, SNAPCHAT ETC. No profits and no chance of any in the near future but valued at billions of £'s. WHY ? Cos they have unbelievable technology and leader in their field.VE are the same imo. Turnover is increasing month by month and anticipate over £100 mill this year which is very achievable, ( 7 million Jan ) so don't panic, I'm not a shareholder here but if this tanks I could be.
THis is positive news for VE and concha. Now going to raise serious money to see them through to profitabilitY. The new board are there for one thing and one thing only. They will get VE to a position of strength then prepare it To IPO at a huge increase of today's price. Probably won't even get that far as they will be gobbled up by one of the big boys.
Not sure that will happen, private takeover within 2 years at many multiples of the price now
VE Agm is on Tuesday and there were rumours of fund raising at around £1000 per share, that's 400% on concha's original investment.maybe this is driving the price.
There's a great podcast on vox markets saying now is the time to buy into this again.Take a look , lots of other tips also.
As I said in a previous post, mind blowing 😀 People on here have said its not exactly the next Google or alibaba is it. Possibly not, but very close imo. Would you have been happy if concha had invested in Google when it was only valued at £1bill. I would have thought so.
If I were you guys I would contact concha and ask to look at the p & l forecasts of Ve, I m sure they would show you, they would obsvious ly have seen them before they invested.When you've seen them we can have a serious chat as to whether they have invested wisely.
Akers could not have purchased at that price as they were not available then. Many institutions are desperate to get their hands on a stake in VE but it is a closed book. The forecasts are nothing short of mind blowing, if this gets any where near where the people that count thinks it's going then concha will do have got themselves an amazing deal.
I am really bemised with your last 2 statements, Akers doesn't know what his investment could create, I could have done a better job and Akers paid over the top. On what grounds do you think you could have invested better ? Have you done any due diligence on Ve ? Do you know there turnover ? What is their projected forecast turnover ? What is their projected profits in 1/3/5 years ? Are they are takeover target ? If you can answer any of these questions you may be in a position judge if you could have invested better,or whether Akers paid over the top.
If this only goes up £10bill in the next six years, I for one will be very dissapointed.
VE are an amazing company, huge growth but more importantly growth potential from this point is nothing short of prenominal. Mr Akers has done a good job for you shareholders.
This has to be one of the most over priced stock on the market right now. Mkt Cap of £2.4 billion and a turnover of only £139 million. They don't even appear to have any assets of significant value. When interest rates start going up in November this is going to hit the floor. This should be £7 max.
Cooking with this share ! Can feel it in me water !
Nearly a billion mkt cap, never made a profit, siting on 95 million of stock of an old product and no materiel assets. When this crashes this will crash big time. Never be scared to take a nice profit up to now. Upside limited downside massive.