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4.3¢ veris limited

@NotthatWarren Be interested in your findings with IR if you...

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Risiko

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07/01/18

07:53

Post #: 30100436
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Originally posted by NotthatWarren ↑

Hi All

I'm a long term investor in the market and recently came cross Veris. An interesting stock.

Definitely a cyclical stock but one which should have significant upswing in the infrastructure boom.

Keen to hear what everyone thinks on the quality of management and if you think they have any competitive advantages.

I'm concerned about the change in the construction business - a major pivot in their business operations - do they have the quality management in place to manage this change?

Any thoughts would be appreciated. But this one is now firmly in my sights and Im going to watch this closely.

Their investor pack and financial data provided is poor in my opinion and it leaves many questions unanswered but something I will follow up with other questions to their investor relations dept.

Mgt also seem to be very well paid for such a small business.

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@NotthatWarren
Be interested in your findings with IR if you wish to share. My initial thoughts are that in general, construction margins are so tight it would not be a significant impact on the Ebitda to fold that side of the business. Perhaps better to concentrate on higher margin business elsewhere.

VRS Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 4.3¢		Change 0.000(0.00%)		Mkt cap ! $21.89M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	13000	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	150000	2

View Market Depth

No.	Vol.	Price($)
1	13000	0.042
1	1250	0.040
1	19680	0.030
1	100000	0.028
0	0	0.000

Price($)	Vol.	No.
0.050	150000	2
0.055	150000	1
0.062	100000	1
0.075	50000	1
0.150	10000	1

Last trade - 16.28pm 12/11/2024 (20 minute delay)

VRS (ASX) Chart

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