Australia's largest stock trading and investment forum Australia's #1 stock forum

HHI health house international limited

0.00%

0.5¢

Looking for you thoughts, page-9

First 9 Last

Share
Profile

Follow
goggledog

7,060 Posts.

218

21/09/16

09:08

Post #: 19302347
Share

Originally posted by thongo ↑

https://www.getapp.com/hr-employee-management-software/a/velpic/compare/

Compare with others, scroll down each page and see the additional items Vpc offers compared to competitors including those such as litmos. Offering a much better updated product. Whereas previous competitors would have to rebuild their entire systems to get up to speed, we are starting from scratch and gaining traction with first mover advantage with what we have. I figure that leaves us 6-12 months ahead of others, and would be hard for them to make that time back. Outdated training systems are a thing of the past.
Just my thoughts only, hence why happily invested longterm

Expand

What he said.

Originally posted by TripleTop ↑

Good questions and welcome to the VPC threads!

Velpic's point of difference is it's in built authoring tool which allows user to quickly (and cheaply) set up new (or drag and drop to convert existing) lessons into its video interface. All this is done in the cloud. It's cheap, quick and effective. Many other LMS require a third party video authoring tool to create the content and not all are cloud based.

Remember the old days of coding a website. And then this being replaced by the simple "drag and drop" software which codes in the background making it easy for anyone to create a website.

It's naive to think there is no competition because there is, Velpic is only chasing a small slice of the rapidly expanding LMS market and at present has a superior product.

Initial RTO was at 2.5c. Recent capital raise at 3c. Great time to invest as a newbie to VPC imo with little medium term downside from these levels.

In regards to the client sign ups have a look through some of the presentations with regards to the size of market and the difference price plans. It's the SME sector which is the main target (businesses that traditionallly haven't been able to afford an LMS) and this is just starting for Velpic.

DYOR

Cheers,
TT

Expand

and this.

Originally posted by Brumbypat ↑

Triple's post above is a good wrap.

I would add that we also have Leanne Graham as our chairwoman. She helped gain SME traction with Xero and is guiding us down a similar path here. Russell is also proving a very astute manager and as you can see from the last announcement they are really starting to get some traction with big companies as well as small.

The recent capital raise was to fund rapid expansion and start selling overseas. This can result in Xero-like exponential growth given that SME clients in particular can now sign up online without having to touch base with any salesperson.

There is a lag between first contact for a client and first revenue. Firstly, every SME can sign up for a month long free trial (I suggest all holders do this so you actually know what the product is).
For bigger business, the creation of video content and training can naturally be expected to also take some time if they haven't already got some video resources at hand (let's face it, most won't).

The real advantage of the Velpic platform is that you can deliver modern, easy to follow video training on any device. From the platform, the HR Dept or training manager can directly monitor which staff have or have not completed the training. They can send reminders easily to those who haven't done it, they can track pass rates and through the partnership with Tikforce they can even verify using bio-metrics that the person clicking the buttons at the other end is the correct user. (Think of the wife answering all the WHS questions for the husband - trust me, it happens!)

Video content is taking over the Internet and anyone with a mobile phone can produce good quality content quickly in their own business. Changes or improvements to the training is also easily done as the business evolves or systems change.

Velpic is such an easy to use tool and so all encompassing that it will shatter the traditional training depts of big business, and really opens the door for smaller businesses to create their own training at a cost-point that will encourage them to do so. In my experience, small business has shied away from customized training due to the big overheads of getting in qualified trainers.

As you say above, it only takes a few hundred enterprise clients to make it viable. But we all believe that the SME market is the big growth story (think Xero for small business) and the re-seller partnerships are already yielding divs. Our brand agency Dash Digital also brings in a steady $2 million a year to help offset costs as we start to aggressively expand.

This will be a multibagger for sure from these levels. Companies with this sort of disruptive capability in a slow and cumbersome industry can make rapid advancements and take huge market share before more established trainers realise what has happened.

GLTAH.

Expand

Oh ... and this bit too.

Originally posted by THGH ↑

Hi there,
One thing I might add, don't fall into the trap of focusing on the bigger customers. Like some of the other holders have said we are going after the SME market.

My true believe it will be the reseller partnerships that will grow the business. I have just commented on this the other day. Here http://hotcopper.com.au/threads/ann...2906951/page-44?post_id=19271546#.V-Gx2TQmKnM

But like anything the business will take time to grow. Most likely next year I would expect a six month period of trading with exponential growth. This will be the result of increased sales through resellers and SME sign ups coming through digital marketing channels.

We have already seen the signing of John Blake as our first reseller. This was late 2015. Just announced that he has already signed 20 customers from the SBIA with access to 1000 customers in his portfolio. This is only the beginning for John Blake and I believe he will see more signings come on quicker now thatnhe has some customers signed and refined his selling process.

These resellers from memory get I think a 20% commission so they will need a substantial number of signings to really draw good commissions from the reseller partnerships. I would expect most resellers to be targeting a 100 plus customers. This is where I believe VPC reach is.

My opinion only. DYOR

Expand

Not to mention this post.

Originally posted by b4bmm ↑

I'll chirp in here briefly to enforce that managements interests are in line with shareholders. Most took up some of their CR entitlements with Russell leading the way chipping in a cool $100,000 to add to his already No. 1 shareholder ranking of approx 7% of the company. Two other founders also have ~7% holding of the company. Add to this incentives Milestones to drive revenues going forward and rest assured if they are winning so are holders.

I must also add, shoot Russell an email with any queries you don't feel have been answered. He is super responsive and receptive to queries and positive/negative feedback that could benefit the company in any way. You will find his email address on the website and expect a response within 24 hours. GLTAH.

Expand

This is very important also.
5 Upvote

0 Great analysis

Reply

Top Stories

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

DRO

History repeats for DroneShield investors but carnage so far subdued

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

AII

A new NASDAQ listing for a key player in the global critical minerals space

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

First 9 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.