Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
I can't see any reason other than maybe a sly move to knock out some stops for mm's to load up ready for results on Wednesday. When the company has £30m+ cash then this is oversold IMO. It's nervewracking but I'm holding firm.
This will be above 2p I'm sure come the interim statement. Just waiting for the dust to settle and will buy back. Fundamentals haven't changed and a steadier climb is more sustainable. The board buyback will help this along soon too. If you didn't take a profit and got spiked, I'd give this 2 months and I think you'll be unlocked or close to it. I'm glad this put TAL on my radar.
I agree, long term hold. Entered yesterday. Restructure taken place already, losses are drastically reduced compared to2013. Brian Walden and Bob Geldof on board. In fact Sir Bob is a co founder of the company. Great links with C4, Sky and BBC and won award for independent tv co. The 2p shares up to 10% of company buyback also is how I read precious RNS. I'm back in for more today.
Enough said for me. Half a million buy at these prices, he's laughing!
A few broker ratings and a bit of media coverage is the kind of news I was on about. Steadily this is now climbing.
This share does seem to rise on aquisition news and media interest. I wouldn't worry too much about the AT's, this will , come good and the price now is a great buying opportunity. This share rose over 10% in early August I recall, without news and pushed is from about the current SP (below even to over 60p). When it gets a shifty on, these prices don't stay for long. Overall market indices falling lately because of Eurozone wobbles, Ebola and ISIS threats don't help, but the bull run into Christmas isn't long away IMO.
I would say a 're rate is due. Been stuck in the fifties for too long. Be nice to see above 70p today.
I think the BoD are eyeing the top 5. The chart here at http://www.am-online.com/AM100/ shows Vertu turnover way short of that of Lookers, but is something they are aspiring to acheive quickly. I think this appointment of Peter Jones will be great news for the company who will continue to help efforts with the recently reported cost efficiency drive throughout the garage network. Just noticed recently too at my local Bristol Street Motors garage in Bromley that they have now put up signage which promotes Vertu as a brand and are actively recruiting staff. The acquisitions made in the past year will also start to bring profit to the company considering those costs of taking them into the group has already been absorbed (I hope I'm correct here?). I was prepared to buy into this share at it's previous high but the AIM market has been in decline since March and felt that there was a better value entry point. I feel my entry of 53.50p was great value, but still have sights of 70p for this year. This is one for a NISA or a SIPP in my opinion and let it run. GLA