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prawn_86

prawn_86

Mod: Call me Dendrobranchiata
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A thread starter on this one. My old man bought some a while ago and NOW wants me to look at them as he has no idea why he actually purchased them :banghead:

Vortex Pipes - www.vortexpipes.com.au

Shares on Issue - 63mill
SP - 10c

Market Cap - $6.3mill

Vortex have several different technologies, with their main focus been on in-situ water mains pipes fixing. Old mains throughout all cities are usually concrete or steel, and as they age are prone to bursting. Vortex can repair these pipes without the need to dig up and replace them, so i think there is a lot of potential here.

Currently making a loss of 1cps, but this loss has been slowly moving towards the positive figures. If the trend keeps up they should be profitable by years end.

Only concern at the moment is cash must be running fairly low so a need for a cap raising may be soon.

If management can actively promote and market, then there is a lot of upside here, as recent ann shows that the product is usable for potable/drinking water.


Any other thoughts/opinions appreciated as i have only quickly glanced at them.
 
Re: VTX - Vortex Pipes

Giday Prawn....had a look at VTX following last month's ann of Quickstep JV. Weighted 80/20 in VTX favour to kickoff stage 1.
As I read it the scope for the "Quickpipes" venture is big. The concept pinnacle for me being the ability to take the Quickstep machine to the site & fabricate pipeline onsite. This negates the expensive transportation of externally sourced pipes.
Central to QHL's suite of patents is "melding".
The melding process allows joining of composite parts to form a "seamless" join with minimal strength loss and no maintenance required.
QHL currently directing melding process towards high-quality composite aircraft components. Huge number of applications possible...theoretically, a onepiece wing is feasible.....no rivets. QHL very busy here with a lot of interest from aircraft majors so VTX taking up the early JV development

Melding & QHL process applied to the pipe industry would allow for production of "continuous" composite pressure pipes with multiple applications in O&G, water etc
Attractive due to low maintenance needs - joinless & negligible corrosion.

I hold QHL. One to sit on IMO.
Watching VTX. Pretty illiquid ATM. Mkt cap <10mill.
VTX focus on O&G & water sectors is a plus & "Quickpipes" very complementary within model.
VTX limited financial resources may slow the progression of the multiple business arms but if sales in existing business arms grow as anticipated by VTX then might not be a major prob.
QHL brings global exposure, technical credibility & increases financing options down the track.
 
Re: VTX - VTX Holdings

On November 5th, 2014, Vortex Pipes Limited changed its name to VTX Holdings Limited.
 
On February 24th, 2016, VTX Holdings Limited (VTX) changed its name and ASX code to Wangle Technologies Limited (WGL).
 
Looking over my reverse T/O watchlists today resulted in me having a better look at Wangle, 17M market cap with a little cash and no debt, burning cash of course due to no revenue but that should change this year with the app launch.
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[video=vimeo;156661185]https://vimeo.com/156661185[/video]
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The Wangle app compresses and optimises data leading to greatly reduced data use and faster speeds, will also have a VPN feature for added security and privacy, down the road they could have lots of add on features once a user base is established, opportunities a plenty if it works as tested.

In many countries data use and underdeveloped mobile infrastructure is still an issue and will be for some time to come, VPN security is an issue in many others, i imagine that the app would need a local server to compress the data, that would cost a bit but im only guessing.

If one likes the stock then now is the best time to take a position since July 2015, i mite take a small parcel tomorrow...investor presentation link below.

http://www.asx.com.au/asxpdf/20160301/pdf/435hjhlnx6stjt.pdf
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So_Cynical said:
Looking over my reverse T/O watchlists today resulted in me having a better look at Wangle, 17M market cap with a little cash and no debt, burning cash of course due to no revenue but that should change this year with the app launch.

~
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Would you happen to have a list of those reverse t/o targets? That would be really useful to me on a personal front for work
 
prawn_86 said:
Would you happen to have a list of those reverse t/o targets? That would be really useful to me on a personal front for work
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Hey Prawn, some targets in this list still but for most the deal is done, and not a comprehensive list and a couple may not actually be RTO stocks, just stocks that fitted the bill and had to go somewhere so found their way onto this list...

Few extras, TBH Topbetta, SRO Shareroot, RNT rent.com.
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So_Cynical said:
In @ 0.036 yesterday
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Up 17% today on no news, closed at 0.046 so a nice pop for me, another knife successfully caught, complete accident of course. ;) doesn't matter that i missed the bottom at 0.028 and that this trade was well under water, end result that counts.
 
I'm a newbie on Aussie Stocks, looking for sensible info, just come from a dog breakfast re sensibilities. Unfortunately WGL is in extended suspension, latest news is that app release will now be on the 1st Nov. still holding , but not confident at all.
 
I sold out a while back for a small profit, have been a little burnt by some of these reverse T/O stocks even though i have sold out of 4 for 3 small profits and 1 small loss.
 
So_Cynical said:
I sold out a while back for a small profit, have been a little burnt by some of these reverse T/O stocks even though i have sold out of 4 for 3 small profits and 1 small loss.
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Yeah, WGL has been a roller coaster ride for me, started out with VTX ended up With WGL, been pumped and dumped several times, absolutely no idea what's going to happen when it finally trades again, got a tight stop loss in place. Only other interest at the moment is KDR, I believe this has promise.
Does not seem to be many WGL holders around here? Do you look specifically for reverse t/o stocks?
 
Working16 said:
Yeah, WGL has been a roller coaster ride for me, started out with VTX ended up With WGL, been pumped and dumped several times, absolutely no idea what's going to happen when it finally trades again, got a tight stop loss in place. Only other interest at the moment is KDR, I believe this has promise.
Does not seem to be many WGL holders around here? Do you look specifically for reverse t/o stocks?
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WGL is under trading halt today with a disastrous announcement being not compatible with Apple requirements. The questions raised by Apple were very basic and the response of WGL conforming to their query are good. But one should ask if that is all about it ? Where was little home work or due diligence ? Such a simple query literally stopped the execution and surely the market will flogg them with a knife when it returns to trading.
 
Miner said:
WGL is under trading halt today with a disastrous announcement being not compatible with Apple requirements. The questions raised by Apple were very basic and the response of WGL conforming to their query are good. But one should ask if that is all about it ? Where was little home work or due diligence ? Such a simple query literally stopped the execution and surely the market will flogg them with a knife when it returns to trading.
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I hope you are still holding Alcidion?, that winner may help ease the pain of this loser...lifes round about. :)
 
So_Cynical said:
I hope you are still holding Alcidion?, that winner may help ease the pain of this loser...lifes round about. :)
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So Cynical
Unortunately I was greedy not to dispose WGL on the day it went up by 17% . Tomorrow never comes.
I sold out ALC with a profit. So my pain with WGL remained .
Life is like that no gain no loss. Any way I made some gain over Trump (never used BET on line or poky machine befor this one) . Few hundreds gain is easing some more hundreds losses on WGL :)
 
On January 14th, 2019, Wangle Technologies Limited (WGL) changed its name and ASX code to Family Insights Group Limited (FAM).
 
On July 3rd, 2020, Family Insights Group Limited (FAM) changed its name and ASX code to Frugl Group Limited (FGL).
 
couldn't even buy an "A" ! or are they Swiss?

must be still in transition, the website still defaults to old https://familyinsightsgroup.com/frugl/

Frugl aggregates grocery data in real time to provide shoppers with up-to-date specials, product and pricing information to find the lowest grocery prices across Australia’s leading supermarkets.

Frugl helps Australian consumers find healthier options through customisable health profiles and delivering nutritional alerts, allergen alerts and more.
The collation of product, pricing and real-time consumer behavioural data enables deep analysis of shopping trends and the creation of detailed intelligence for retailers and suppliers.

Just another App, an intermediary trying to 'own' the customer, or at least put themselves between consumer and product.
 
Dona Ferentes said:
couldn't even buy an "A" ! or are they Swiss?

must be still in transition, the website still defaults to old https://familyinsightsgroup.com/frugl/

Frugl aggregates grocery data in real time to provide shoppers with up-to-date specials, product and pricing information to find the lowest grocery prices across Australia’s leading supermarkets.

Frugl helps Australian consumers find healthier options through customisable health profiles and delivering nutritional alerts, allergen alerts and more.
The collation of product, pricing and real-time consumer behavioural data enables deep analysis of shopping trends and the creation of detailed intelligence for retailers and suppliers.

Just another App, an intermediary trying to 'own' the customer, or at least put themselves between consumer and product.
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At least @frugal.rock will be happy that there is a stock on the ASX named after him!

Cheers,
Rob
 
Valued at $2m.

If they are able to do anything remotely successful with the app there are plenty of these types of tech stocks valued at $10m just on potential.
 
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