Verdes Management VMP Good Value at Current Share Price

13th Jan '11 by flyingswan

9 comments 5696 reads

VERDES MANAGEMENT VMP Good Value at Current Share Price: Verdes Management (LON:VMP)

It would be rude not to top-up at these give away prices. IMHO

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Flyingswan

Premium Member

9 comments

Fangorn

13th Jan '11

It's quite a volatile one this....but the underlying concept is one that interests. Have been watching this since 0.8p/sh, thinking about a small punt, but it then took off in PMG style. The recent placing has knocked the wind out of it, and its fallen significantly today, and yesterday.

Am personally aiming for 0.9 to 1.1 as an entry target. Small float as well I believe so getting hold of stock in any meaningful size will be a tad difficult.Last i looked it was down 30% odd at 1.44 ish. Still a bit rich for me but apparently there is news imminent on their first deal allegedly.

flyingswan

27th Jan '11

Verdes Management Article: Verdes Management (LON:VMP)
http://www.express.co.uk/printer/view/222432/
Specialist turnaround services provider Verdes Management firmed 1¼p to 2.55p on deal hopes.
From Verdes Website:
http://www.verdes-group.com/index.php/news/daily-express-small-companies-roundup-january-11th-2011

Fangorn

27th Jan '11

Hi Flying,

I've been trying to buy this for a while whenever it has got close to 1p ish mark. incredibly difficult. And from what I see,very prone to large swings. From comments on Advfn it seems that several posters there claim to have built large positions! One poster has even put all his eggs into one basket.

Definitely an interesting concept , what with the likely double dip. Funnily enough I was recently approached by another outfit, with a similar business model, albeit focusing on smaller companies than those likely to interest Verdes. The company was DASPV, Hq'd in Singapore with offices in london. They however don't seem to have the same transparency as Verdes, in that one's investment isn't quoted on any exchange so one can't readily get a valuation amongst other things.

flyingswan

14th Feb '11

Happy with FD on board.

They are part of fti http://www.fticonsulting.com/

FD works to ensure corporate messaging is appropriately reflected in the financial and business media, effectively raising the visibility of corporate decisions and actions.

We work with companies to build media profiles that can influence investors and support company valuation. We build coverage of a company, using profiles of senior management and commentary that demonstrates expertise, thus supplementing and reinforcing the messages the global investment community receives through investor relations channels.

We also focus on driving and influencing coverage of more general news, based on our intimate understanding of the working practices and news cycles of the primary financial wires as well as investor-focused media and financial blogs.

Capital Markets & Investor Relations

FD’s Capital Markets Communications Practice is the world’s leading investor relations and financial communications consultancy. With offices in every important capital market, we help our clients achieve their aims by helping them clearly articulate their strengths and goals, whatever they do and whatever their size

In an environment where markets and audiences are increasingly blurred, we advise management teams and boards of directors how to tell the story behind their strategic decisions and business imperatives This not only reduces risk but because each relevant audience understands their actions, our clients can successfully manage their company’s brand, reputation, and, critically, valuation.

Working closely with legal and financial advisors, we also advise our clients how to describe their position at sensitive and often high-profile times such as: friendly and contested transactions; bankruptcies and restructurings; crises, litigation, shareholder activism and other proxy-related issues; all capital-raising activities

Our Capital Markets Practice is unique in the industry: we are split into sector-specialist teams and our members work closely together all over the world. This combines the service ethos and expertise of a boutique consultancy with the unmatched resources and infrastructure of a large international agency.

We can therefore offer our clients unrivalled access to key analysts, investors, and media figures together with an intimate understanding of any regulatory and operational issues which might impact them.

Verdes Management (LON:VMP)

Fangorn

14th Feb '11

Getting one's hands on these is nigh impossible.Certainly not going to chase them.

flyingswan

21st Feb '11

I am expecting Verdes Management (LON:VMP) to have a good week this week.

The whole Media Sector appears to be being re-rated to the positive and I think VMP will be moving up too. IMHO

http://www.digitallook.com/dlmedia/security.cgi?csi=5008

Asia Digital Holdings (LON:ADH) is another media Company doing well today and I am expecting Verdes Management (LON:VMP) to follow.

Vitulus

21st Feb '11

I like Verdes and think they have an excellent strategy that has several potential revenues stream that could be very profitable; though I think buying into a company like that is pre-revenue is a bit too high risk for my liking!

Though I am not sure I see why a re-rating of the media sector would lead to Verdes having a good week?

flyingswan

28th Feb '11

Verdes Management (LON:VMP)

Preliminary Results
TIDMVMP

RNS Number : 9949B

Verdes Management PLC

28 February 2011

28(th) February 2011

Verdes Management plc (formerly X-Phonics plc)

Preliminary results for the year ended 30th September 2010

Chairman's Statement

I am pleased to present the audited results for the 12 months to 30 September 2010 for Verdes Management plc ("Verdes" or "The Company"), previously named X-Phonics plc. The change of name, approved at a General Meeting of the Company on 27 September 2010, followed the investment into the Company by Verdes Management Limited and represented a strategic change in the direction of the business. As such, the financials contained within this set of results relate in the main to the business activities of X-Phonics plc over the 12 months prior to the change of name and strategic direction.

Because of the change in strategy and discontinuance of the music businesses there are no continuing revenues. There is an exceptional credit to continuing administrative expenses of GBP76,333 (2009: GBPnil) resulting from the cancelation of amounts due to directors of the company.

Revenues of GBP78,324 (2009: GBP94,066) were generated from the discontinued businesses and after cost of sales and overheads of GBP82,086 (2009: GBP77,128) and a gain on disposal of the music businesses of GBP105,393 (2009: GBPnil), a profit of GBP101,631 (2009: GBP16,938) was made for the year.

Verdes Management plc has been established to act as a turnaround advisory business offering services to stakeholders, as well as facilitating investment opportunities in companies in need of restructuring. Verdes has a clear strategic approach to identifying potential opportunities. The Company's intention is to target distressed and underperforming UK companies, mostly publically listed, worth between approximately GBP50 million - GBP250 million across a broad range of sectors, excluding natural resources.

The Company has made good progress over the past five months. We have successfully raised GBP1,276,250 of new equity since late December 2010. As mentioned in our placing document last September, there had always been a need for the Company to raise additional monies. These new funds enable the Company to focus on its key objectives and provide the necessary capital to expand the business to a point where it can most efficiently identify and execute deals. Whilst the Company is not ruling out a fund raising at an unspecified future date, Verdes is sufficiently capitalised to meet all needs for the foreseeable future. I am delighted to welcome the new shareholders to our register and we appreciate the continued support of the existing owners of our shares.

As a fledgling company we have been under resourced to date. I am pleased to report that Verdes is in the process of selectively recruiting personnel in order to increase our resource and improve our chances of success in securing appropriate mandates.

A further, major milestone in the development of the Company was the recent announcement of the establishment of the Panel. The Panel comprises a number of individuals with an extensive range of key skill sets and City experience, who share the vision and values of Verdes. The Panel'sprimary remit is to assist in sourcing and executing business opportunities and, moreover, their combined expertise is expected to enhance the success of Verdes' future projects. The Company will continue to source deal opportunities independently from the Panel. Although only recently established I have been impressed with the energy, interest and input the Panel has provided Verdes.

The current volatility of the economic environment and the difficult trading conditions which many UK companies currently face continues to create an environment in which the Verdes' business model can thrive. This opinion is reinforced by the large number of discussions we have held with individuals and companies from a broad spectrum of the financial sector. We are receiving referrals from a number of city houses, lawyers and financial advisers. This confirms the need for institutional activity and therefore the attractiveness of Verdes' services. The Management team, led by Adam Webb, is continuing to examine a number of new business situations which it believes could prove to be significant value enhancing transactions for the Company. However whilst many opportunities exist it is of paramount importance that Verdes becomes involved in projects that we are able to execute successfully. At this early stage of our development we want to build up a successful track record of rescuing businesses and helping their fortunes to turnaround.

As an example of our activity to date, in November 2010 Verdes led a consortium seeking to acquire the assets, from administration, of a small quoted hotel chain located in the East of England. The proposal we submitted included a credible business plan to improve the specification of the properties and over-haul the food offering by hiring chefs of renown thus greatly enhancing the experience for guests. The restructured group was intended as a vehicle with which to add on further units with a view to an exit strategy of three to five years. Unfortunately on this occasion our consortium lost out to another bidder.

I would like to thank my fellow Directors, employees and advisers of the Company for all of their hard work over the past five months. Verdes Management plc is still a young company but I believe it has built a solid platform from which to move forward onto the next stage of growth. Given the strength of our balance sheet, as well as the valuable expertise of our Board, Panel and employees, Verdes is well placed to access and take advantage of the opportunities available in the current market and I look forward to updating shareholders on further progress in the coming months.

John Matthews

Chairman

28th February 2011

Enquiries:

flyingswan

10th Mar '11

Verdes Management (LON:VMP) Chart:

Nice to see the MACD crossing over back to an Up-Trend and giving a BUY Signal.

The Parabolic SAR should start a new Up-Trend, after today as well.

Chart.aspx?Provider=History&Code=VMP&Size=620&Skin=RedWhite&Type=2&Scale=0&Span=WEEK2&MA=20;50;200&EMA=&OVER=AreaBB;SAR&IND=VOLMA;MACD;RSI&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&Company=1

This should signal a period of Up Moves in Share Price. IMHO

Verdes Management VMP Good Value at Current Share Price

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Flyingswan

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