Forum Archive Index - March 2004

["Maria Smith" <smith@ps.gen.nz>]

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-----
From: Cristine Kerr <criskerr@optusnet.com.au>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Friday, March 26, 2004 6:58 PM
Subject: Re: [sharechat] VTL - Anyone familiar with this one?

----- Original Message -----

From: Maria Smith

To: sharechat

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


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