TSK - TASK Group Holdings

[robbo24]

Nice to see another announcement by VMob this morning - this time they have signed an agreement with seven-11 in Australia. They have about 600 stores in Aussie. as expected there are no commercial details available. But what I am reading is that there is a constant stream of new clients for VMob. sevel-11 are in 18 countries and have about 45,000 stores. in itself this is not a big announcement, but the main point is that the technology is becoming proven and vmob are well positioned for the future. I continue to accumulate as resources allow.

Here's my take on it, classic VML - "good" announcement teamed with a money printing exercise announcement:

1) WE SIGNED AN AGREEMENT WITH 7-Eleven

2) We're issuing 34 million options.

[The Real Bud Fox]

Yep, another agreement notwithstanding a lack of details can only be seen as positive one owuld think. As for the options, it represents only $0.6m and the strike price is above the current price, albeit only just, so I'm reasonably relaxed. Hopefully the calibre of these clients will raise the profile of the company and generate some positive interest.

[Baa_Baa]

VMob also announced 26/2 that they've made the finalists of 2015 Microsoft New Zealand Partner Awards - in the 'Cloud Platform' and 'Rising Star segment' http://www.cio.co.nz/article/568919/...rce=authorfeed

[Baa_Baa]

Indeed Monty, another very nice win for VMob. A steady stream of customers. If it plays out like McDonalds, the parent company may in time be a realistic target for a 7-Eleven global contract.

Gosh, you have to be quick to get VML once the announcements are out, up 18.7% already!

Nice to see another announcement by VMob this morning - this time they have signed an agreement with seven-11 in Australia. They have about 600 stores in Aussie. as expected there are no commercial details available. But what I am reading is that there is a constant stream of new clients for VMob. sevel-11 are in 18 countries and have about 45,000 stores. in itself this is not a big announcement, but the main point is that the technology is becoming proven and vmob are well positioned for the future. I continue to accumulate as resources allow.

[Schrodinger]

Indeed Monty, another very nice win for VMob. A steady stream of customers. If it plays out like McDonalds, the parent company may in time be a realistic target for a 7-Eleven global contract.

Gosh, you have to be quick to get VML once the announcements are out, up 18.7% already!

The 2015 results should be coming out soon. They must be looking good and I think this one is undervalued atm.

[Baa_Baa]

The 2015 results should be coming out soon. They must be looking good and I think this one is undervalued atm.

Yes, VMob 2014/15 interim results to Sept 30 were released 28 Nov, so if that's an indication, the Full Year results to 31 March 2015 should be released late April.

First half operating revenue grew 283% over the same period last year! This should be a boomer year for VMob and massive next year as the global McDonald contract rollout in the USA comes on stream and 7-Eleven rolls out in Australia.

At under 2c a share, VMob does seem undervalued. I'll continue accumulating as funds permit.

BAA

[robbo24]

At under 2c a share, VMob does seem undervalued. I'll continue accumulating as funds permit.

Is that 2c pre-capital raisings/options or 2c post-capital raising/options?

The shareprice loses its relevance when the MCap gets all whacked out over new issues.

Just want to make sure you're comparing apples with apples

[Monty]

I agree BAA. I did a post here earlier in their revenue expectations. I believe that revenue will climb massively as McDonalds USA and Europe is rolled out over next 1-3 years. VMoB seems to be making a new client announcement every four weeks. Looking at their investor presentation gives a lot of information and making some assumptions we can make calculated assumptions about potential future clients. Each new client builds momentum and credibility. Is this the little New Zealand company that is going to be big on the world stage?

[klid]

Heh, I have been accumulating too... when something like this happens, I don't know whether to be happy or not... I still want to double my shareholding so when the price goes up and down I am wondering whether to be happy or disappointed in it :P

[Baa_Baa]

You do the maths Robbo, then we can make the comparison. On the other hand, I see it as a very simple proposition, you can still buy in alongside the cornerstone investors (a rare opportunity) and ride the pony together. Or not.

Is that 2c pre-capital raisings/options or 2c post-capital raising/options?

The shareprice loses its relevance when the MCap gets all whacked out over new issues.

Just want to make sure you're comparing apples with apples