Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I named shares in Vislink plc (VLK) as one of my three tips for 2015 at a 38.5p offer price in December HERE and previously updated that there looked to be continued value at 49.5p in March HERE. However, a new “incentive policy” for executive directors and senior management has raised shareholder ire (see HERE) and the following details five specific reasons why this is justified and my view now…
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Comments
Johan Cruft
Steve,
Fair enough.
However you seem to be contradicting yourself here with regard to your stance on the Investment case.
Firstly you are selling at 55p, but then you say you expect the SP to rise.
Bearing in mind we are only in this game to make money, what sense does it make to sell at 55p, when if you stay invested you will most likely make more money.
Regarding the timing of the announcement, perhaps it is possible that something has happened since the year year end. For example an big increase in business, which the directors have only recently become aware of. Or perhaps they have just been very busy to have time to think about this matter until now. Could be a hundred other reasons for this. Especially since Vislink/Pebblebeach are now in fast moving markets.
Whatever, the SP looks like it is going to head North from here, no?