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  1. #11
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    Quote Originally Posted by Lizard View Post
    Been slow to move since I started the thread at 25cps in May, but finally getting a bit of a move on and looking at clearing out 30cps today.
    Cleaned out 40 cps today ...not a bad performance in the current market.

  2. #12
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    Quote Originally Posted by stoploss View Post
    Cleaned out 40 cps today ...not a bad performance in the current market.
    Yes, I was thinking the same. Still holding with caution...

  3. #13
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    Quote Originally Posted by KW View Post
    Its been getting a plug on the Boat Fund - might be helping. Personally, I am not convinced there is a future is being a mobile phone reseller when every phone company out there is trying to drive sales through their online channel in order to cut costs. That combined with the flagship "touch and play" stores (ala Apple, Telstra) the whole retail environment is changing too.
    Hi KW, just wondering can you elaborate, my understanging was VTG operated the Telstra stores under license ?

  4. #14
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    Quote Originally Posted by stoploss View Post
    Cleaned out 40 cps today ...not a bad performance in the current market.
    Cleaned out 50cps yesterday and up to 55cps today... still there stoploss? Tempted to profit-take at this level...

  5. #15
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    Quote Originally Posted by Lizard View Post
    Cleaned out 50cps yesterday and up to 55cps today... still there stoploss? Tempted to profit-take at this level...
    Hi Lizard, at + 100% couldn't resist sold a quarter of my position @ .54. I seeNAB was a big seller in the late 40ies.Payrolls number should have us buoyant next week as well.....

  6. #16
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    Quote Originally Posted by stoploss View Post
    Hi Lizard, at + 100% couldn't resist sold a quarter of my position @ .54. I seeNAB was a big seller in the late 40ies.Payrolls number should have us buoyant next week as well.....
    Actually - according to the SSH - NAB were selling VTG at 39cps.... looks like they became a substantial holder in March 2010 at 26-29cps... maybe if they had waited another week, they could have made twice as much

  7. #17
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    Sold a few at 56.5cps today, as feels too far too fast and is close to my current valuation. Will hold the rest for now though.

  8. #18
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    Quote Originally Posted by Lizard View Post
    Sold a few at 56.5cps today, as feels too far too fast and is close to my current valuation. Will hold the rest for now though.
    Snap, was holding out for .58 for another 1/4 of my position but didn't like the parcels of 100K that kept coming up on the offer, so came down to mkt. Like you happy to hold the balance .

  9. #19
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    Looks like a good result today- at least the market liked it. Might have got out too early on this one .......

  10. #20
    ? steve fleming's Avatar
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    Quote Originally Posted by stoploss View Post
    Looks like a good result today- at least the market liked it. Might have got out too early on this one .......
    One of the better results from the reporting season.

    Some strong working cap management and really impressive margin expansion for a retailer.

    Surprisingly a lot of retail stocks have done OK this half year.
    Share prices follow earnings....buy EPS growth!!



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