59k available at .34 today, on market. But that's small beer really isn't it.
Abs144, you're correct, I should have read the notice more thoroughly.
Printable View
It's exciting to see VMob's largest customer McDonalds reporting strong turnaround for Q3.
"McDonald's is the world's leading global foodservice retailer with over 36,000 locations serving nearly 69 million customers in over 100 countries each day."
The McDonalds financials announced: http://news.mcdonalds.com/Corporate/...leaseid=123071
And in the news:
Here's a quote that should encourage VMob shareholders: "Other efforts have focused on improving order reliability and beefing up McDonald's digital presence with a mobile app that has been downloaded more than two million times." http://news.yahoo.com/mcdonalds-prof...005532440.html
Other news of the McDonalds turnaround:
http://www.bbc.com/news/business-34609963
http://www.cnbc.com/2015/10/22/mcdon...-earnings.html
http://www.cnbc.com/2015/07/23/mcdon...-earnings.html
Looking forward to hearing more from VMob on how their solution is contributing to key retail business metrics, like increased foot traffic, increased sales, voucher redemptions etc.
Hey Baa, yep that's a nice piece of information. Thanks
This in interesting because MCDonalds USA did not have a app prior to the Launch of the VMob -McDonalds digital playform. in other words there have been 2m fresh new downloads. McDonalds Japan and some of the other countries already had an app in place prior to VMob. But also about a month ago I understand that there were only about 1m downloads of the McDonalds USA app. Long may the number of downloads continue to increase
Also the great news is that the digital platform is a key part of the future of McDonalds marketing strategy - and VMob is at the centre of that strategy (I hope)
VMob's Personalisation Platform scores another gong this week with a 'Highly Commended' at the NZ Innovators Awards 2015 in the category Information Communications Technology & Cloud Solutions.
"This category is open to innovators and innovative organisations that specialise in telecommunications, information technology systems, software, hardware, product development and software as a service. This broad category is one of the largest and includes cloud based solutions and customer offerings (such as Apps)."
Well done VMob!
Timothy Cook just stumped up $200,000 of his own money in the placement. That seems like a good endorsement doesn't it.
https://www.nzx.com/companies/VML/announcements/265954
He had an interest in 7% of the VML through CAM.
He disposed of his shareholding in CAM; Cam was holding most of his interest in VML.
If you have disposed of 6% of the VML for an undisclosed sum - spending 200K now does not qualify as a glowing endorsement IMO.
Thanks axe
Axe, at the time it did seem a bit unusual, though not as a warning bell for VML, more as an interesting occurrence between the two shareholders of CAM, that held shares in VML.
The conclusion I came to was that there was obviously some relationship between the CAM shareholders that no longer worked, one could speculate on that, but to what end?
I have comfort that CAM are still holding a total of 3.8m of shares.
TC is still buying shares in his own name, and has basically doubled-down twice with 1.3m shares now, which as a Director is an excellent sign. So I don't really get your point to be honest, are you speculating about Tim's VML interest via CAM and his exit, or do you know something more about this?
Finally, eligible investors and insto’s are still acquiring VML in $200k - $500k lots, so obviously they are interested in the prospects for the future.
BAA
axe, Mr Cook never had an equity interest in CAM, therefore never disposed of the shares. And, CAM still holds their VML shares. He had some shares in his own right which is has obviously just added to, in a big way. Always good to see Directors buying up. Gives us all confidence.
In the double quotation below is an exert from the SSH that I linked to. Note that TC was a joint shareholder in Cottisloe Holdings Limited (the ultimate holding company of CAM).
My understanding is that if TC was a joint shareholder in Cottisloe and Cottisloe is a parent company of CAM when TC disposes of his joint shareholding in Cottisloe he is disposing of his interest in CAM which disposes of his interest in 5.8% of VML.
I am not saying that there is anything untoward going on. My point is that if you think that buying 200K worth of shares is a great sign then you need to view that in context of a director disposing of his interest in 5.8% of the company.
"" As previously disclosed although Timothy John Cook’s personal shareholding in VML does not in itself constitute a substantial holding, he was at the time a director of CAM and a director of, and a joint shareholder of all the shares in, Cottisloe Holdings Limited (the ultimate holding company of CAM), the registered holder and beneficial owner of 6.467% of VML. Taken together, the relevant interests of Timothy John Cook and CAM constituted 4,237,090 ordinary shares (7.214%) of VML ""
Hope this helps Attachment 7696
Who is Keith Goodall you may ask?
It just might be the same Keith Goodall that is on the Board of Mexicali fresh? http://www.scoop.co.nz/stories/BU120...resh-board.htm
Is he up with the play in the new age of digital disruption? - make up your own mind http://www.scoop.co.nz/stories/BU151...o-with-11m.htm
Hopefully Keith should be able to get Mexicali to trial some VML apps and help consumption of Burger Wisconsin
http://www.stuff.co.nz/business/indu...rger-Wisconsin
DYOR
I think many moons ago he used to be a director of the Ken Wikeley / Rainbow property offshoot - Questar Corp - he has probably learnt stuff since those days though.
I've DMOR and happy to share :)
Riding with the punches
By: Pardon, David
Abstract:Examines the effect of the 1987 sharemarket crash (Black Monday) on investors. The following chief executive officers survey the events of 1987and make predictions for 1988 : Olly Newlands - Landmark Corporation, Charles Bidwell - Ceramco, Keith Goodall - Questar Corporation and Robyn Cameron of the New Zealand Beef and Lamb Marketing Bureau..
I have been kindly informed that my thoughts regarding TC shareholdings in CAM and Cottisloe are incorrect. :)