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VOR, VORTIV LIMITED
kiril
post Posted: Sep 23 2019, 07:58 PM
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In Reply To: nipper's post @ Sep 23 2019, 03:26 PM

However looks like our new stock code VOR is still attached to a now dead mining interest.

Will need moderators to wave their wand.

Nice to see other like this business and not just me.

Welcome aboard to Regal and Bombora.

Kiril.

I hold


 
nipper
post Posted: Sep 23 2019, 03:26 PM
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In Reply To: kiril's post @ Sep 16 2019, 07:40 PM

20 Sept - Name change to Vortiv Ltd - code VOR



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
kiril
post Posted: Sep 16 2019, 07:40 PM
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I know its just me...but somehow in my crazy head it just feels better if I type something here to document and update where TSN is at...even though it is only me here reading my own words.

Strange but true.

Well TSN finally feels like it has transformed. From an ugly worm...with years of promises of better outcomes, resulting in substantial tax losses.... to a brand new business in the high growth segments of Cyber Security and Cloud migration.

Having met with Jeff and Gary a number of times, and having spoken to them regularly over these last 3 years I cant help but feel a high degree of confidence that they have actually delivered on what they set out to do.

The 4C is designed as a way for shareholders of small non profitable companies to recieve regular reporting of cashflow/earnings from companies that dont have large instititional shareholders keeping the management team honest.

Well for anyone who has been reading the last 12 months worth of 4C reports, they will have seen the massive turn around in this companys fortunes.

As we sit at 1c and a market cap of $24m, it is evident for anyone who is bothered to look that the shareprice could easily jump to 2 or 3 cents and potentially still look somewhat undervalued.

Looking forward to this next 4C, so that others can join my party...afterall, it is very lonely here by myself.

Kiril.

I hold


Said 'Thanks' for this post: boylep  
 
kiril
post Posted: Aug 4 2019, 04:15 PM
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In Reply To: nipper's post @ Aug 2 2019, 04:17 PM

Gee where have you been?

2 years ago we were to buy the 75% balance in TSI from CX partners but they would not agree to our price.

Gary the then CEO brought in Jeff to set a new strategy and path forward for the business.

We purchased a Cyber Security business known as Decipher works.

We have more recently bought CloudTen and AWS Cloud partner. Both these businesses have very high synergies.

We are in the process of selling the TSI business together with CX partners.

Both those different holdings are cashflow positive and making profits.

I had previously introduced fundies to the TSI opportunity and none would buy into an entity that had a minor shareholding in the TSI venture.

This has since changed and I know that Jeff has met face to face with a number of these funds and I know the dialogue has continued.

I am genuinely hopeful that the buying of the last 3 trading days was institutional, but at this stage I am not sure.

I have increased my position last week.

End of long story.

Kiril.

I hold.

 
nipper
post Posted: Aug 2 2019, 04:17 PM
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A bit of "disclosure omission" happening by posters, to my careless eyes
QUOTE
Transaction Solutions International proposes name change to Vortiv Limited
• Evolution from payments heritage to new focus on cloud and cyber security
• Continued improvement in financial performance expected in September quarter
• Cloudten achieves Federal Government Security Clearance

New Name
Transaction Solutions International Limited (ASX: TSN) is proposing to change its name to Vortiv Limited. The Company’s subsidiaries, DecipherWorks (DWX) and Cloudten Industries (Cloudten) will continue to operate under their current brands given their established strong identities within the market. The name change is subject to shareholder approval at the Annual General Meeting to be held on 28 August 2019.

Rationale:
The last 24 months has seen TSN implement a successful strategy focussed on cloud and cybersecurity. The Company’s operating focus is the continued growth of this strategy and businesses. TSN was historically a holding company for Transaction Solutions International (India) Pvt Ltd, a payments managed services provider based in India. TSI India was founded in 2006 and TSN held a 100% interest until 2013 when its stake was reduced to 24.89%.

In 2017, the Company adopted a new strategy to focus on cybersecurity and acquired 100% of DWX, a Sydney-based cyber security specialist.

During February 2019, the Company acquired 100% of Cloudten, a cloud security specialist based in Sydney.

The name change signifies the evolution of the Company from its payments services heritage to its new core focus of cloud and cyber security services.

- so, the India payments foray was a fizzer? To follow, biotech, or gold?




--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: mullokintyre  
 
kiril
post Posted: Aug 2 2019, 02:30 PM
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Solid buying these last few days.

I think the re-rate is finally upon us.

Kiril.

I hold.

 


kiril
post Posted: Aug 1 2019, 10:22 AM
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I have spent a fair amount of effort trying to get institutional investors excited by this business.

Fingers crossed this is now starting to pay off.

Well done to Jeff and the rest of the management team.

Kiril.

I hold

 
kiril
post Posted: Apr 29 2019, 06:36 PM
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In Reply To: mongoose's post @ Mar 29 2019, 10:59 AM

Thanks mongoose, with the 4c out tomorrow i am expecting the market will start to notice what we have been waiting for.

 
mongoose
post Posted: Mar 29 2019, 10:59 AM
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In Reply To: kiril's post @ Jan 16 2019, 12:00 PM

Kril, still here, the company does seem to be heading in the right direction happy to be holding at a loss, probably will buy more go figure!

 
kiril
post Posted: Jan 16 2019, 12:00 PM
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In Reply To: kiril's post @ Dec 12 2018, 12:37 PM

Considering its just me talking to myself, I would like to tell myself that it is finally good to see that buyers are seeing value in this profitable business with such a tiny market cap.

Should be a great 2019.

Kiril

I hold.

 
 


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