The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Every barrel of UK produced oil is of huge benefit to UK population, taxpayers, government & businesses. But its investors cash risked on exploration, while the nation reaps benefits. Oil & gas exploration & production is essential while UK withdrawals from European control. Will the UK remain in the EU strategic petroleum stockpile reserves (supplies to stabilise prices and also manage through potential toil crisis)? Most likely yes if the government wish to mitigate the cost of an EU exit deficit.
Thanks all for input on this. I've watched this over some months (kicking myself that I didn't get in at around 60p). But at the current SP levels, there now definitely seems more scope for upside. Only a small beer ISA investment for me, but having a plan still applies.
Director Mike Read's recent purchase of 350K shares @ 5.2p
X3 short positions ditched in last hour! SP recovering.
...their losing nerve & closing before big losses. V good sign.
Read the article on link below for some background on how CHA holders were ripped off (Ve was CHA's biggest holding). https://ftalphaville.ft.com/2017/05/26/2189109/ve-interactive-the-rise-and-fall-of-a-tech-unicorn/?mhq5j=e1 And also read the last relevant RNS (Number : 1164E / Concha plc / 04 May 2017) 'The Board of Concha is deeply disappointed by the recent events and circumstances of the last few months, particularly the actions of both the founder management team and their advisors. We together with other former shareholders in Ve, which in combination have advanced more than £50m in equity funding since the company began trading in 2009, will continue to investigate the actions of those responsible for its demise and indeed any opportunity to participate in the assets and business of Ve going forward, however at this time there can be no guarantees of any such involvement. The impact of these recent events has eliminated any residual carrying value in Concha's former investment in Ve. In the event that this situation changes and Concha is either able to secure a participation in the new business going forward or recover value from its former investment it will communicate details at the appropriate time. In the meantime, your Board will continue to review new investment opportunities in order to restore value for its shareholder base.'
https://ftalphaville.ft.com/2017/06/15/2190150/ve-interactive-might-not-have-actually-owned-its-us-branch/?mhq5j=e1 Ve Interactive might not have actually owned its US branch Back when Ve Interactive was a high-flying billion dollar “unicorn” startup, its biggest market was the US. In 2015, America was the biggest source of revenue for the British digital advertising business and earlier this year former boss David Brown (pictured) singled US employees out for praise, saying in an email, “we all salute you”. But now the company has fallen to earth and been sold to new owners, a dispute has arisen about the relationship between Ve Interactive and its purported US subsidiary. According to Ve’s administrators, Smith & Williamson, it appears the UK company didn’t actually acquire ownership of shares in the disputed US business, Ve Interactive LLC. Brown’s lawyers reject the claim. At the heart of the matter is millions of pounds the administrators say is owed by Ve Interactive LLC to the UK entity, which could help boost meagre recoveries for creditors who lost £50m when the British company was put into administration in April. The dispute also raises questions for the UK company’s auditors, Menzies. Until its collapse into administration this year, Ve Interactive was considered by some to be a leading British tech startup with a coveted “unicorn” valuation, meaning it was valued by its investors at over $1bn. Now under new management after being bought out for £2m, Ve Interactive has become another cautionary tale about the dangers of startup hype and excess in the tech sector. The business, founded in 2009, sold software for online retailers that boosted website sales and placed adverts that followed customers after they moved on to other sites. While most startups chase venture capital or other institutional funding, Brown raised around £100m in primary and secondary share sales to individuals, accumulating over 500 investors by the time he was forced to step down in March. The result was little external scrutiny of the close links between Ve and Brown’s other ventures; the sales of his personal shareholdings, which he says helped fund the business; and the spending on expensive furniture, company cars and parties. Ve Interactive LLC launched in 2011 in the US, which was one of 28 countries the loss-making group operated in. According to unaudited management accounts, the American branch made £5.4m of revenues in the first half of 2016. Brown said in an email to staff in January the US was Ve’s biggest source of revenue in 2015. Ve Interactive Limited’s 2014, 2015 and 2016 audited company accounts list a 50.1 per cent holding in Ve Interactive LLC. The documents said the US company’s finances had been consolidated into the UK entity’s accounts. However, according to Henry Shinners, an administrator of Ve Interactive Limited
The Business show 2017 Event date: 17 - 18 May 2017 Tim Rawlins, director at NCC Group, will speak at The Business Show on the 18 May at 12.30pm in London. The seminar will share insights and expert advice around the growing threat of cyber crime threat within smaller businesses. It will reveal the most common types of cyber crime activity committed against businesses and offer invaluable practical advice on the steps that can be taken to protect your business. Visit The Business Show website for more information: http://www.greatbritishbusinessshow.co.uk/seminars/tim-rawlins/ Tim Rawlins Tim Rawlins is a Director and Senior Advisor at NCC Group, the independent, global, cyber security and risk mitigation company. He was previously the Global Head (Rest of World) of Corporate Security at Credit Suisse, leading an international team of senior security, intelligence, and health and safety specialists. Before Credit Suisse, Tim was the first Operations Director at ''The O2'' in London, overseeing Security, Transport and Logistics; and the first Security Director EMEA for Turner Broadcasting. Tim started his career working in a variety of British government security and intelligence roles, he has over 30 years'' experience of leadership in global security, risk and crisis programmes. Tim is a member of the Risk and Security Management Forum (RSMF) and sits on the Consultative Board of the Cross-sector Safety & Security Communications (CSSC) hub; a partnership between British law enforcement agencies, local and national government organisations and private sector businesses. He regularly presents on complex security and risk topics at national and international Board level meetings and conferences. Opinion: Buy / Hold
Union Trade Journal: NCC Group PLC (NCC.L) shares have seen STRONG UPWARD MOMENTUM over the past week as they have moved higher 10.71% over the past five sessions, placing them ON THIS WEEKS WINNER LIST. Looking a bit further out we note that the stock is 21.09% for the past 4-weeks, -21.39% over the past 26 weeks and -46.44% over the past year. https://uniontradejournal.com/ncc-group-plc-ncc-l-climbing-higher-10-71/32187/ - Lots of potential upside here! Opinion: Buy / Hold
Westminster eForum Keynote Seminar Cyber security in the UK: policy and technology priorities Timing: Morning, Thursday, 18th May 2017 Venue: Glaziers Hall, 9 Montague Close, London SE1 9DD http://www.westminsterforumprojects.co.uk/forums/agenda/cyber-security-2017-agenda.pdf http://www.westminsterforumprojects.co.uk/
Westminster eForum Keynote Seminar Cyber security in the UK: policy and technology priorities Timing: Morning, Thursday, 18th May 2017 Venue: Glaziers Hall, 9 Montague Close, London SE1 9DD http://www.westminsterforumprojects.co.uk/forums/agenda/cyber-security-2017-agenda.pdf http://www.westminsterforumprojects.co.uk/
Westminster eForum Keynote Seminar Cyber security in the UK: policy and technology priorities Timing: Morning, Thursday, 18th May 2017 Venue: Glaziers Hall, 9 Montague Close, London SE1 9DD http://www.westminsterforumprojects.co.uk/forums/agenda/cyber-security-2017-agenda.pdf http://www.westminsterforumprojects.co.uk/
Ollie Whitehouse (TECHNICAL DIRECTOR, NCC GROUP) speaks at Westminster eForum Keynote Seminar (Cyber security in the UK: policy and technology priorities) today! Westminster eForum Keynote Seminar Cyber security in the UK: policy and technology priorities Timing: Morning, Thursday, 18th May 2017 Venue: Glaziers Hall, 9 Montague Close, London SE1 9DD 11.55 - 12.55 Strengthening the UK’s response: developing skills, accreditation and funding What is the latest thinking on encouraging more people into careers in cyber security, particularly women andtheyoung, and how does the education system - from school, through FE, HE and apprenticeships - need torespond in developingcurricula, improving careers advice and engaging more effectively with i ndustry? With government announcing funding of £1.9 billion of public investment as part of its National Cyber Security Strategy what are the priorities for support and resource allocation that can maximise the UK’s position in R&D and the implementation of new technological innovations? What are the prospects for the UK as an exporter of cyber security expertise and services at a time of considerable political upheaval post-Brexit? How successful have accreditation schemes like Cyber Essentials been in terms of adoption and reputation, and how can this be built on? What are the implications of the trend for SMEs in this space to be picked up in M&A with larger organisations? How does the UK compare internationally with regardto funding and investment in cyber technologies, and in further partnership and other forms of support for the sector? Dr Robert Nowill, Chairman, Cyber Security Challenge UK Professor Conor Ward, Consultant, Hogan Lovells and Visiting Professor,Centre for Commercial Law Studies, Queen Mary University of London *OLLIE WHITEHOUSE, TECHNICAL DIRECTOR, NCC GROUP http://www.westminsterforumprojects.co.uk/ http://www.westminsterforumprojects.co.uk/forums/agenda/cyber-security-2017-agenda.pdf Opinion: Buy / Hold
Cometh the hour, cometh the man (& woman!) Recent developments giving the Industry great PR & media coverage!
IMHO you haven't 'missed the boat' - but the anchor is about to be raised very soon, so jump aboard the good ship NCC Group!
Wannabuy? Or Wannacry? Sorry couldn't resist that pun!
Is that back to the 'placing bread into toaster' stage? Or spreading the butter before applying the marmalade?
Ahem, no. But you get my point about this 'Ponzi' scheme? Respect due for those in before the herd (Except for bent Financial Journalists and BOD).