SHARE PUNT OF THE WEEK
Daily Mail29 Apr 2017
WHO IS IT? Vipera makes software for banks to provide mobile services to customers for things such as contactless payments, phone banking, digital wallets and loyalty card programmes.
It is also working on some more unusual technology projects, recently revealing plans for a shopping app called Follow Me. It will be able to direct customers to a product they want in a store, which they can then scan, using their phone, to see further information such as pricing and videos.
WHATS THE LATEST? It has just secured a £1.9m contract with a leading financial institution in the United Arab Emirates to develop its contactless payments and web banking technology.
It has also announced a pipeline of contracts worth more than £6.7m. The firms 2016 results saw revenues jump to £6.7m from £5.7m in 2015, despite reporting an overall loss of £1.3m for the period.
WHO BACKS IT? Non-executive director Petter Neby, 44, who has developed a number of technology businesses, is its biggest shareholder, with a 16.1pc stake. Chief executive Marco Casartelli, who was part of the founding team of Yahoo Italy, has an 11.8pc stake.
Vipera is also backed by asset manager Octopus Investments, which owns 11pc.
WHY YOU SHOULD INVEST Contactless payments, and mobile banking in general, have picked up huge interest in recent years. The company itself states both consumers and businesses now expect highquality mobile services from their bank.
The company is down 2.3pc for the year, but with a backlog of products in the pipeline this could be a great time to invest.
AND WHY YOU SHOULDNT Technology firms have a reputation for being cash hungry and it can take a long time for profits to materialise. Indeed, the firm reported a loss in 2016.
Some investors may also be sceptical of Viperas more ambitious projects, until seeing evidence of their success.
Marco Casartelli, CEO, outlines Viperas history, and what they do essentially providing software to banks to enable mobile access for customers, and information on purchasing patterns to the bank. He gives examples of how this operates in practice.
Their operation is split between UK and Italy. Their clients are throughout the world.
Martin Perrin, CFO, outlines the financials.
H1 revenues increased by 45%. They have invested in their sales force over this time, and hope to see the results over the next year. They forecast to be in profit by year end 2017.
These will be out on 5 September which is 10 days earlier than last year. Earlier reporting is usually a good sign.
However, I'd like to see another contract win - there hasn't been much announced for a while.
Read finnCap's note on VIPERA PLC (VIP), out this morning, by visiting https://www.research-tree.com/company/GB00B5M62J37
"Lorne Daniel discusses his initiation on Vipera, an AIM-quoted developer of cutting-edge mobile financial services and digital customer engagement solutions. It provides financial institutions worldwide with differentiated mobile banking, card management and loyalty coupon capabilities, based around its proprietary multi-purpose platform, MOTIF. Additionally, it supplies related consultancy and project management services to assist with strategy, integration and deployment, through a 51% stake in IT consulting subsidiary Codd & Date (C&D) bought in 2013. Vipera has an impressive product and has secured several landmark customers such as Deutsche Bank, Mashreq Bank in the UAE and the Government Saving Bank (GSB) of Thailand..."
In May the share price was over 5p and since then they have appointed Sanlam Securities UK Limited, signed a contract with a leading German bank, raised Euro 2.69m, contracted with the Government Savings Bank of Thailand, had warrants exercised and the finance director has been buying shares. Now look at the price. Surely some scope for a rise.
Izzy, apologies for the slow response. EA had to be sold because the niche lender that was funding its meter installations was forced to close its book by its German parent that itself nearly went bust - we were all victims of the global crash.
Suffice to say if we'd kept going I'd be lying on a beach now...
If you like oil stocks look at LGO. I had shares in MOG that won a court case against LGO, but since then MOG has gone into a forced sale while LGO has gone up 8x plus...! By all accounts still a lot of growth to come.
Thats the problem these days, the shorters seem to be putting of genuine investors,
Hope you do well with your stocks, i looked at EA, and failed to understand why it was sold off, as they already had a contract with M & S, with others in the pipe line;
Astar has had a name change to MX Oil Plc, at present i'm up 250% after buying in at 1p with a bulk in an ISA, it really is worth a look, as Mexico is about to open it;s oil and gas industries to outside investors, and MX is is one step ahead with two JV's in place, def one for the note book.
Just wondering what my EA shares would be worth now if they hadn't sold out, Oh well
Izzy, check EA again, just won a massive contract with British Gas, shares shot up and should go further.
Not that keen on resource stocks, I'm presently quite big into GBO, OPG and QPP, all potential multi baggers from present levels imho - GBO and QPP depressed sp's following rather false attacks from shorters, all 3 growing fast.
Hi Gallant, been a long time, yes your right about monitise, i feel the amount of shares in issue is getting out of hand, i was going to get out of Vip a while back, but had trouble selling.
Take a look at Astar, it had a terrible past, but now things appear to be going right, bought a load at 1p, and could really be going places, no debts, money in the bank, new BOD, and Joint ventures, plus the backing of Cornhill asset Mgt, their aim is to get into the oil and gas industry in Mexico when it opens up to outside investors,
Really is worth a look.
Going back to Energy assets, there seems to be a lot of hype around Smart Meters at the moment, so it could do very well.
Hi Izzy, hope all is well? Don't know if you saw that Energy Assets was re-floated by McQuarie, now has £100m mkt cap. Trying2 always slagged that one, but we knew it was a good business, simply a victim of the crash.
However I got out of Vip some time ago as I really don't see it going anywhere, mobile banking is becoming a more mature market and Moni have shown they can't make money at it. More worryingly, Vip's R&D spend is tiny so I can't see how they can keep up to date with latest technology. Afraid I have some sympathy with T2's view on this one...
IT is estimated that over 90% of AIM stocks are INFECTED by short-sellers !
Many highly popular stocks are going down even on GOOD NEWS !
# IF you were a short-seller, BLUFFING, (basically manipulating a shares' price) about a company's overvalued share price, you might not want to *draw attention to yourself since you could get accused of stock manipulation. So you would hope (OR PLAN FOR) others to get involved and to present SEEMINGLY GOOD REASONS to short the stock.
You would want to put AS MUCH FEAR INTO 'LONGS' as possible and would use high volume short trading as well as buying to drive the share price down as low as you can and as long as you can. You really want the longs to fold and to get out of the game. If you are consistently seeing sellers overwhelming buyers driving a share price down as a stock seems to be going up, I can assure you it's probably shorts' selling, since longs are totally motivated to sell their shares at the highest possible selling price. #
A little something to ponder on Trying, prior to being Vipera, the company was known as Energy asset Mgt, a company that sold smart meters, it sold that company and with the proceeds it was turned into an investment company called Ricmore, then in a reverse takeover it purchased Vipera, with investors given new shares, valued at 6p each, just above the price i paid for my EAM shares.
Myself, like a few others also topped up at 6p a share, as there was a lot of value to be had, in a company that was already established, and had clients in the Middle East and Asia, as well as a few clients in Europe,
A few years ago the company shares hit 44p, some sold out with a handsome profit, i wasn't so quick and sold out for 36p, but still a nicer profit,
I decided to get back in last year paying just under 7p a share, so i would say i haven't done bad out of Vipera.
Another Company called "Monitise" is in the same business (mobile banking) turnover has been increasing over the past few years, but it has yet to make a profit,
Vipera in my opinion, is a bargain at it's present price, it's Mofit platform has been tried and tested, it has some excellent partners in KPMG and Equens, and it's turnover is increasing year on year,
Your money Trying, so your choice, and it the same with all of us, no doubt your upset as you haven't made what i have, by investing in Vipera,
For me this so ca,,ed dog could be a winner at Cruffs
In my last post in August I said I hope these guys deliver. Since then they have given a positive trading statement indicating an over 40% year on year increase in revenues, acquired a 51% stake in a major supplier, wiped over half a million indebtedness off the balance sheet by capitalising director and shareholder loans, and raised over £1.7 million including new cash from two directors.
If you mean Tom,then not usually, or any other tipster to mention off in relation to investing on hearsay, unless they can back this up.
But on, this instance, of the share placing at 6p.All i can say is, he may be closer to the truth, than investors here chose to acknowledge.He doe's go on to say that this information can be backed up with prof, from a reliable source,which if he can't, is liable, and at the time off posting this on the board, the sp was at 10.68p, whereas now less than a month the sp is now 7.25p.The thing is, with making that detrimental statement on what was surely going too have an dramatic impact on the share price, on things that were happening behind close doors in vipera. Investors would have at least, expected for the company to make an anoncement refuting Toms claim, which to date they have not.
will be watching from the side lines, to see what happens in the next few months.
what you have to remember is Monitise has over 1.6 billion shares, while Vipera has just over 130 million, big difference, add to that, Vipera is growing in the Middle East, Asia and Europe, plus some tie ups with some big names in the telecoms industry and the future looks bright,
Mobile tornado appears to be more a mobile coms company than mobile payments. Monitise is more in Vipera's peer group and with a mkt cap of close to a billion pounds is about a hundred times bigger, although still loss-making.
Got in here early this morning, SP now at or near 52-week high. Mkt cap only just over £10m. In the El1te trader blog it was pointed out last week that Vipera has a far smaller mkt cap than other companies in the mobile payments sector. Mobile Tornado is valued at £60m for example. Clearly there's scope for a large gains here as Vipera comes more into line with its peers.
In my opinion Vipera will be £1 within e year Johnric, you only have to look at how Mobile Technology has advanced over the past year, scanning your phone at a checkout for instance, saves using a credit card or debit card, with new technology you need mobile security, which is Vipera's business,
They have partnership deals with Equens, the largest Pan European payment processor, and KPMG a leading consulting IT company,plus they already have contracts with commercial companies and banks in Europe, the Middle East and Far East,
Looking at one of Vipera's main competitors "Monitise " their share price has also risen, up by over 50%m and a trading statement last month states, they expect turnover to increase from £36 million to over £70 million, although their strength is in the UK, Vipera is established in the Middle East and Europe,
a few years back the public were nervous about mobile banking technology, but now there is more confidence in Mobile phone security, so that being the case more are using the facility of mobile banking.
Last years revenues for the first six months were £230k (six months) this year £733K, this puts them at around £1.5 plus, million for the year, it could be a lot more.
Next year in my opinion, as more people use mobile banking and payments with their mobiles, revenues could reach in excess of £5 to £7 million, with a share price off over £1,
The reason the price has been stagnant for the past few years, is peoples trust,,,,,Vipera and Monitise had the technology, they also had customers, but how secure was it ?
Well it looks as if it is now very safe.and the future, the market has to be worth over a billion in a few years.
There are only 130 million shares in circulation, with around 82 million owned by 3 directors, which only leaves around 50 million for private investors and institutions,
Just got back to a modest premium over the 2010 "deal" price. Lets hope the silliness is over and these guys now deliver some results so we can make some "real" profits for the company and shareholders.
Good to see you have retained a few, I did the opposite yesterday and topped up,
The way I see it, it has taken two years to really get established, now they are in the position to push forward, their Motif platform has been tried and tested, once people have confidence in a product, then it could sell at pace,
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