Value Exchange International Inc. (VEII)

[davidsson10]

https://www.globenewswire.com/news-release/2019/07/09/1879838/0/en/Value-Exchange-International-Inc-Issues-Statement-Regarding-Unauthorized-Promotional-Activity-Involving-Its-Common-Stock-and-Urges-Investors-to-Ignore-Unauthorized-Solicitations-or.html

[Awl416]

And dilution will send this back to where it all started

[Solar_Express]

Found by accident Great Bal Sheet

[Rob~daBanca]

$VEII .29 High of day

[Awl416]

Still going again damn

[Awl416]

Otc website does have the “stock promotion” under this ticker. Who knows after watching recent promotions like clci pennies to dollars

[Traderfan]

Looks like a small email promo to me....

[jchords]

What’s going on here?

[Traderfan]

Pretty good quarter filed. 2.2 million in revenues and almost 300k in net profit. That's about 1 cent per share on a tiny share structure. Stock trading at a PE of 2.5-3.5 on just this Q alone.

[Traderfan]

Such a company should have a net profit of about 10%. Or what do you think ?.

The quarter before the last one had about 10% operational profit. This quarter the SG&A costs were substantially higher than last quarter and than in the same quarter last year. I expect it to go back to the 350k range hopefully.

[Traderfan]

I believe they are working towards having consistent quarterly profits. Revenue direction is good for now. Right now they have up and downs on the bottom line but I think this will be smoothened out over time.

[Vmaestro]

What I understood was a small number of pitiful dollars in Q2 earnings. Such a company should have a net profit of about 10%. Or what do you think ?.

[nathanial]

Obviously you cannot read financial statements.

[Vmaestro]

This stock is dead. They raised the Revenues but... where is the profit ? Smells fishy here...

[nathanial]

Had some volume Friday. A blip on the radar screen of a recovering patient.

[Traderfan]

Boring yes, but these sometimes explode from one minute to another. But it takes patience. Management just needs to keep growing the business with no dilution if possible like so far.

[nathanial]

Guess someone wanted out today. Very boring stock and I probably don't blame them. They should just go private.

[Vmaestro]

They increase the turnover, but they hardly make any profit. It does not matter how much turnover they have if they are not profitable. It is significant that they can not perform better.

[nathanial]

10Q out....huge revenue increases.

https://www.otcmarkets.com/filing/html?id=12915555&guid=mwAEUqj6uJG793h

[nathanial]

Quarterly filing this week. Not looking for any surprises.

[nathanial]

Quarterly filing due August 15. Might get some volume before then......hopefully.

[makinezmoney]

$VEII: WOW... Those are AMAZING RESULTS.

I'm getting in on some of this on MONDAY MORNING.

Looks like it could bounce back up to $0.30/sh EASY.


GO $VEII


v

[Traderfan]

Valuation is absurd here at the moment especially if you consider the low O/S and that there hasn't been any dilution ever since I follow it, but it happens sometimes if a stock is very unknown, very very thin with a tiny float and has a few up and down quarter. Now if they can put a couple of quarters together like this last one was, then it will get noticed and it will go up eventually IMO. Substantially up because it would take very little to take this back to 10 or even 15 cents with this super low float. Trying to be patient here and trying to accumulate down here.

[nathanial]

What amazes me is they earned .01 per share first quarter and share price is . 034. That's a very low PE. If they make a penny every quarter, earning will be higher than the share price. Absurd.

[Traderfan]

Very nice first quarter out. Record revenues of 2.1 million, net income of 250k, super low float, low market cap of 600k and expected growth coming. This one is super cheap here if they can hold this up or even grow it.

https://www.otcmarkets.com/stock/VEII/news/Value-Exchange-International-Inc-Reports-Record-Revenue-for-First-Quarter-of-Fiscal-Year-2018?id=192974

[nathanial]

Late 10K is out:


https://backend.otcmarkets.com/otcapi/company/sec-filings/12685639/content/html

[Traderfan]

Does not need to mean anything.

[nathanial]

They rarely if ever file late. Have to wonder why this time?

[Traderfan]

Will take a few more days. They filed a late filing today. They now have 2 more weeks.

[nathanial]

I think the 10K for 2017 comes out tomorrow. Hoping for a positive surprise in it, but not holding my breath.

[nathanial]

Still here myself.

[Traderfan]

I‘m still here and I will happily buy more in the 3‘s and even more in the 2‘s.

[Vmaestro]

Are we seeing 1-2 cent soon? Just a matter of time I presume. The history of this stock is :down down down, nothing else happends...The interest for it is almost below zero. Nobody seems to care, (is there anyone out there ???) totally dead. Only the funeral remains ? Maybe happends after the annual report ? ha ha ha ha.

[Vmaestro]

What makes me worried is that they dont make any profit right now. They must get profitable, some quarters in a row. And they dont seems like willing to expose...

[nathanial]

Solid report. Just need some exposure. Kind of difficult to get when you only have 29 million shares outstanding.

Earned .01 per share for nine months. Using any reasonable PE, we should be trading higher than we currently are.

[Vmaestro]

Q3 already out! Raised revenue, but not very profitable. Looks like we¨re stuck on this level..Was Q1 only a one hit wonder ?

[nathanial]

Quarterly filings out in a few days. Probably will be good. Don't know what it's going to take to jump start this stock?? A buyout might help!

[Goofey7]

The "tree" need so be shaken a bit more, theres clearly a few more amateurs in Europe who got tired and don't understand companies like this.
And sadly theres a very low trading volume.
The company is doing better and better, can't people read and research this? clearly not...

The company needs to improve on It's communication to the market aswell
Investors want communication!
I hope someone in the company reads this..

But I appreciate that they are cost effective and focus on new customers and growing its bussiness, instead of promoting the stock like so many unserious companies do.

But I still want improvement on the communication to the market, updated website and more info for investors.

I've seen it many times, some companies are under the radar, and theres just a matter of time before people take notice to this one.

[Traderfan]

Yep agreed. This can take more time but IF they keep up good numbers in the Q's then the stock will have another run or maybe even sustained price appreciation in the future. These stocks are not for impatient people that's for sure.

[nathanial]

They run a good operation and they do make money. Eventually the price will reflect this or eventually they will be bought out.

The question is: "when is eventually?"

[Vmaestro]

Yeah,its like a walk in an endless desert for 8 years now. Will we ever see some fruits ? They doesnt seem very interested in promoting the stock.
Where are we next year, 1 cent ? Or will finally something happends ?

[Traderfan]

Definitely great news again. This could be big business. Just a waiting game for now.

[Clemdane]

Indeed...

[Goofey7]

The word will spread I guess, with these good reports and news.
Theres just a handfull of people following this stock.
The company seems to focus mostly on growing the company, instead of using PR companies to promote the stock.
Be happy for this low stock price, It might change soon, lets hope for the best, and spread the word!

[doitnow]

There is no volume. No one seems to know about it.

[Clemdane]

What's keeping us from going higher? Great story, great trajectory of revenue, expansion, etc. Is it just a lack of being noticed?

[doitnow]

Here's that great news:

“We are delighted to provide the first large scale rollout of customer self-checkout systems in China, Hong Kong and Malaysia for the largest health care and beauty care retail chain in China...The initial rollout includes customer self-checkout systems for projected 3,000 stores in China and 300 stores in Hong Kong,” said Kenneth Tan, Value Exchange’s Chief Executive Officer.

http://globenewswire.com/news-release/2017/10/04/1140695/0/en/Value-Exchange-International-Inc-Starts-Implementation-of-Customer-Self-Checkout-Systems-for-Largest-Chinese-Health-and-Beauty-Care-Chain.html

[nathanial]

Excellent.

[Axel]

Awesome news today

[Axel]

Lol. And TF!