Specialist in the collection and delivery of live video and associated data for the broadcast, surveillance and defence markets, Vislink plc (VLK) has updated that it “anticipates adjusted operating profit for 2014 to be ahead of market expectations… following a better than anticipated end to the year” and that “trading for the current year has started in line with market expectations”.
Having recently re-capped on my 2014 selections HERE, it is now time to repeat the exercise for 2015…
The market has not reacted well to interims from Vislink (VLK) marking the stock down to 45p but research Equity Development reckons that Mr Market has got it very wrong. It predicts a “blowout” second half boosted by a five year partnership with Nasdaq listed Harmonic (US:HLIT), reckons that its own 2015 numbers are cautious and has increased its target price from 70p to 75p.
I previously updated on Vislink plc (VLK) on this website in March – noting that the then 47.5p share price looked harsh. With the company having subsequently announced 2013 results and the shares having slipped back from 50p early last month, the following updates.
Commissioned researcher Edison has today published a note on Vislink (VLK) at 48.5p upping its target price from 65p to 70p.
Commissioned researcher Edison has published a note on Vislink (VLK) in the wake of its 2013 results claiming that the shares (now 47p) are worth 65p. As it happens the bullishness is shared by Tom Winnifrith & Steve Moore (see HERE). As such whilst this note is commissioned it may be worth a read.
Vislink (VLK) has announced a net £9 million (including £2 million via 4,700,904 new Vislink shares at 42.545p each) acquisition of Pebble Beach Systems, a Surrey-headquartered company with leading software products for television automation and media management for broadcast studios. At 47.5p to buy the shares look great value.
Added to the Growth portfolio of the premium Nifty Fifty offering last month, Vislink plc (VLK) has subsequently announced (last week) the posting of a circular convening a General Meeting on 17th December to seek shareholder approval for a move to AIM from its current main market London listing and to increase its ability to issue shares on a non-pre-emptive basis to 20% of its share capital in order to facilitate its growth strategy. Having commented on the company on this website HERE and following also an update from researcher Edison, the following updates the story.
Vislink plc (VLK), a developer of wireless communications products and services for the broadcast and surveillance markets, has updated that since its half year results “overall trading has been in line with our expectations”. The following updates with the shares at 48.25p - off highs of more than 52p earlier this month, but having risen from 25.25p at the commencement of 2013.
