----- Original Message -----
Sent: Friday, March 26, 2004 6:33
PM
Subject: Re: [sharechat] VTL - Anyone
familiar with this one?
Vending Technologies developed an
"intellegent" type of vending machine which utilises phone lines to send
messages to the operator regarding sales from the machine. This means that
when it is time to restock the operator knows exactly what stock to take.
The machines will also contact the operator if there is a defect or if there
has been an unusual run of sales and restocking earlier is
required.
The company has branched out to the USA and recently sold
a master franchise for I think it was US$1m for California. They are also
looking at going into other states in the US. As these master franchises are
sold I believe the purchasers will strongly look at selling the
technology into existing vending machines in order to recover their
outlay.
VTL have also recently purchased a company in Europe which
had gone bankrupt and owned a chain of vending stores. They will be
introducing their technology into these stores to make them more
profitable
IMHO I see this company as one of the better prospects for
growth as they sell master franchises into more US states and if their
venture into Europe is successful the growth prospects are
enormous.
This is Kiwi enginuity at its best.
Greg
----- Original Message -----
Sent: Friday, March 26, 2004 9:37
AM
Subject: [sharechat] VTL
I note that VTL's share price is now $1.20 which is an
increase of 36% in
the last week or so. Not a bad return. A month or
so ago the price ran to
$1.45 before retreating to 88c. Will we see a
similar figure this time
?
Greg
----------------------------------------------------------------------------
To
remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/