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Velti plc Message Board

  • sumtin14nic sumtin14nic Jul 28, 2013 11:33 AM Flag

    Two biggest ad companies merged today

    Read news, but advertising is HOT HOT HOT! Wouold not be surprised to see more mergers, and VELT at this price has to be a target of someone, gauranteed, the stock is going back up.

    Sentiment: Strong Buy

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    • I expect we'll see a bump in VELT due to this - nice catch. Velt has come about as far as possible with a clown for a CEO and a takeout solves that quickly.

      • 1 Reply to mottthepupil
      • Note the statement at the end of the NYTImes article:

        But antitrust concerns could be eased if the new company positions itself less as a conglomerate of ad agencies and more of a data company competing with businesses like I.B.M. and Facebook, Mr. Wieser wrote.

        This might mean VELT could be an acquisition candidate. However, I distrust VELT's management. I think they would reject any reasonable offer. 3 or 4 per share would be more than generous given the current price of the stock, but I think the CEO/CFO would reject it. The bidder should take it to the shareholders, who would be more than happy with 3 or 4/share.

0.06260.0000(0.00%)Dec 13 4:00 PMEST

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