where's virotec?, page-33

re: shalom greasy Shalom Mr Greasy ...

Sorry not jewish myself but after reading some of your posts thought you may bite on that one. Talk about bite !!!

Gaga ..

yep my Italian bit rusty but got about the same out of it ... very very indirectly good for VTI ... but as I said before other concerns really out weigh anything ...
1/ No contracts
2/ Massive and fixed overheads ... read what was passed the last AGM ... even if they are pushed out of office still get the benifits !!
3/ one and two together ... really need a massive amout of contracts just to break even ... if the bonus was 5.6 mio for this year ... and lets say for arguments sake they do get a contract ... one would expect it yet again next year ... maybe not that much but what size of contract do they need to even break even ... if they were awarded say a 5 mio contract ... the bonus and salaries paid this year alone appear to be around 8 million ... so to break even ... what size do they need ...
20 million ... 30 million and each year now it appears to me.

I shall leave it all to you ... but I cannot personally see any light at the end of the tunnel.

I was perplexed about the recent rise in VTI in London ... it was then I saw the VTI had a roadshow to investors going on during the period !!!

All the best

And Shalom Greasy