sharetrader
Page 3 of 687 FirstFirst 12345671353103503 ... LastLast
Results 21 to 30 of 6868
  1. #21
    Senior Member
    Join Date
    Apr 2013
    Location
    Pourquoi?
    Posts
    870

    Default

    Had a quick read. Was interested in the auditors comments about a going concern. I assume this revolves around them landing a deal to reduce cash burn.

    I cant find "note 21". When I do I will be able to comment further.

    ok found it:

    Comments about cashflow etc. Nothing unexpected.
    Last edited by Schrodinger; 14-06-2013 at 09:47 AM.

  2. #22
    Guru
    Join Date
    Feb 2005
    Location
    Auckland
    Posts
    3,115

    Default

    Another share placement for 10% of the company at what I can tell, a 20% discount. No SPP to reward loyal shareholders - bad form!

    Another $1m in the bank though so should last them another year.
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  3. #23

  4. #24
    Member
    Join Date
    Sep 2009
    Posts
    370

    Default

    Quote Originally Posted by moosie_900 View Post
    Great news for the company, but no sign of how much this deal is worth, and they really need to get those share numbers under control before the SP can start growing!

    ML
    25/06/2013 13:43
    GENERAL

    REL: 1343 HRS VMob Group Limited

    GENERAL: VML: VMOB SIGNS MAJOR DEAL WITH S.E.ASIA'S LARGEST TELCO -TELKOM

    Media release

    VMOB SIGNS MAJOR DEAL WITH S.E.ASIA'S LARGEST TELCO - TELKOM INDONESIA

    VMob extends its footprint in Asia-Pacific

    Auckland New Zealand, 25 June 2013 - VMob, a leading mobile commerce campaign
    management platform vendor, has signed a three-year contract with PT.
    Metra-Net, a division of South East Asia's largest telecommunications service
    provider, PT. Telekomunikasi Indonesia Tbk (Telkom).

    This major win for VMob means that its cloud-based technology will be
    available to Telkom's 147 million subscribers through Wi-Fi hotspots located
    across Indonesia.

    As Indonesia transforms itself into an economic leader, ICT will play a major
    role in boosting economic growth as the ubiquitous use of smartphones and
    tablets results in an increasing demand for mobile network access.

    VMob has recently opened a Singaporean office, the hub for its Asian
    operations, and VMob CEO, Scott Bradley, said the deal is a significant coup
    for the Company, which is well positioned to tap into the fast growing mobile
    market.

    "We are delighted with this significant win for the business which further
    cements our presence in a region where we see huge opportunity. The total
    mobile spend in Asia alone is expected to hit US$270b by 2016 so it's clear
    that investing in effective m-commerce campaign management is a way to lock
    in long-term value for telecommunications providers," said Bradley.

    Telkom provides public Wi-Fi access as well as managed services for large
    enterprises, and Wi-Fi services for other companies including Starbucks,
    7Eleven, Telkomsel and Axis.

    VMob's technology delivered through Wi-Fi spots will allow Telkom to deliver
    highly effective promotions and loyalty programmes to its millions of
    subscribers in real time. VMob-driven monetization of these retail Wi-Fi
    services will also assist Telkom to finance the roll out of hotspots to over
    100,000 schools across Indonesia by the end of 2013.

    With 20,000 existing Wi-Fi hot spots, Telkom has plans to roll out a further
    1-2 million access points across the country in the next 1-2 years to offer
    more convenient mobile broadband services in shopping malls, hotels, schools,
    hotspots and public areas. Targeted offers and promotions will be delivered
    using VMob's solution to all users who use these Telkom hotspots to access
    the Internet across Indonesia. Over 50% of Telkom's Wi-Fi hotspot users
    access the Internet from mobile devices.

    "In-country support from the New Zealand Trade and Enterprise (NZTE) team in
    Jakarta was invaluable in assisting us develop the business opportunity to
    this point" said Scott Bradley.

    NZTE congratulates VMob on their contract with PT Metra-Net and says that the
    deal reinforces the increasing opportunities the Indonesian market offers New
    Zealand tech companies.

    "Indonesia is currently one of the 16 largest economies in the world but is
    destined to be one of the six largest economies by 2030, and technology is a
    significant growth driver in this market, fuelled like many sectors by
    consumer demand from the growing middle and affluent classes," says Tim
    Anderson, Trade Commissioner to Indonesia. "VMob's success is an example of
    how taking a long-term approach, being open to advice, and perseverance pay
    off. We congratulate them on this contract, and look forward to continuing to
    work with them in the future."

    With over 260 million mobile subscribers , Indonesia is the fifth largest
    mobile telephony market in the world, boasts the world's second highest
    Facebook population after the USA , and is in the top 10 nations for all
    other leading social networks. The mobile phone is the most popular means of
    accessing the Internet in Indonesia .

    ENDS

    For more information please contact:
    Scott Bradley, CEO VMob, Mobile: + 64 21 722 556
    Email: scott.bradley@vmob.co

    Emma Jackson, PR Partners Mobile: +64 21 985 655
    Email: emma@prpartners.co.nz

    About VMob
    VMob has designed a mobile-centric marketing and campaign management platform
    that delivers highly effective promotions and loyalty programmes in real
    time. VMob's technology uniquely combines social profiling, geo-location and
    transactions to help retailers and brands understand their customers and
    connect with them through perfectly timed promotions and rewards.

    VMob is listed on the NZX Alternative Market (NZAX: VML).

    Visit www.vmob.co for further information.

    About Telkom

    PT Telekomunikasi Indonesia Tbk is the largest telecommunications services
    company in Indonesia, commonly abbreviated as Telkom Indonesia or Telkom.
    Telkom is an operator of "TIMES" (Telecommunication, Information, Multimedia,
    Edutainment, and Services).
    In July 2011, Telkom won five awards from Finance Asia magazine, including
    Asia's best managed Company and Best Corporate Social Responsibility.
    More information about Telkom Indonesia can be found at
    http://www.telkom.co.id.
    End CA:00237780 For:VML Type:GENERAL Time:2013-06-25 13:43:24
    Fair comment, Moosie. Still a good win on the back of their McD's win in Europe. Sure, no hard figures given in release, but thats a big enough deal for me to add my small(ish) holding and put it in the drawer. Nice to cover bases in the mobile advertising arena with this and Snakk. imho.
    Here's the today's media release from Stuff : http://www.stuff.co.nz/business/indu...ucher-software

  5. #25
    Member
    Join Date
    Sep 2009
    Posts
    370

    Default

    Quote Originally Posted by moosie_900 View Post
    the next DIL and XRO race? slightly different categories like the two, be interesting to watch over the next few years. not too pleasing seeing a loss as big as snakks with revenue that is 90% lower! is this cloud system different from snakks in that it is scaleable while snakks is not?
    I don't see it as a race and at this stage, no comparisons with other stocks. They are in similar spaces with utilising mobile advertising/promotion which is a blue sky opportunity which FB, Google, etc is starting to gain traction in. Snakk and Vmob are at very earlier days here so looking at figures now is not as important as the traction they make, so do see this Vmob announcement as great. Unsure of your 'cloud' question but that is not what they are about, unlike DIL and XRO.
    I am just happy to have diversity in this mobile advertising area.

  6. #26
    Member
    Join Date
    Sep 2009
    Posts
    370

    Default

    Quote Originally Posted by turmeric View Post
    Does VMob have their own IP or do they just get regional licenses from other companies like SNK?
    It is different than Snakk in that it has its very own platform that it sells to customers to implement in their marketing strategies. The recent deal potentially puts Vmob's technology in touch with the entire Indonesian population once it rolls out via hotspots.
    Not discounting Snakk - happy to hold both.

  7. #27
    Senior Member
    Join Date
    Apr 2002
    Location
    New Zealand.
    Posts
    1,260

    Default

    Quote Originally Posted by dellow View Post
    fair comment, moosie. Still a good win on the back of their mcd's win in europe. Sure, no hard figures given in release, but thats a big enough deal for me to add my small(ish) holding and put it in the drawer. Nice to cover bases in the mobile advertising arena with this and snakk. Imho.
    Here's the today's media release from stuff : http://www.stuff.co.nz/business/indu...ucher-software
    hells teeth this must surely be an enormous breakthrough for this company.......why hasnt the sp gone through the roof......am i missing something here??
    Have a Gr8day.

  8. #28
    Senior Member
    Join Date
    Apr 2013
    Location
    Pourquoi?
    Posts
    870

    Default

    Quote Originally Posted by moosie_900 View Post
    Results out for MBE.ASX. Revenue and cashflow are both up, same growth rate as Snakk but making a profit with similar revenue...

    http://www.asx.com.au/asxpdf/2013062...3lbwgyr9y7.pdf
    Checked this out on ASB Moosie. Revenue growth is very low along with the share price. Is this an error?

  9. #29
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,876

    Default

    Quote Originally Posted by GR8DAY View Post
    hells teeth this must surely be an enormous breakthrough for this company.......why hasnt the sp gone through the roof......am i missing something here??
    Probably because their FY revenue from operations was a paltry $46,000, yes thats right, fourty six thousand dollars for a full year, whilst their operating expensese were $1.1 million. ALso they are technically insolvent as the auditor pointed out. Wouldn't touch with a barge...

  10. #30
    Member
    Join Date
    Sep 2009
    Posts
    370

    Default

    Quote Originally Posted by blackcap View Post
    Probably because their FY revenue from operations was a paltry $46,000, yes thats right, fourty six thousand dollars for a full year, whilst their operating expensese were $1.1 million. ALso they are technically insolvent as the auditor pointed out. Wouldn't touch with a barge...
    I still think they are worthy of taking a holding in, albeit smaller than other companies. The mobile advertising space has big promise and I am not convinced of any local company(ies) that will dominate in the space. So will gladly cover my odds with Snakk, Vmob, MBE ... all are very early on the journey. We obviously operate different barge poles. lol

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •