Victoria Share Discussion Threads

[bearsie] 22/4/2024 13:26

It will very much be a bank problem, and a shareholder problem, and maybe a pension deficit problem too if they go bust. It seems easier to borrow over a billion pounds against already leveraged assets than it does to borrow for a mortgage!

[johnv] 18/4/2024 15:21

I don't own or short these. I'm just genuinely interested in knowing the outcome of these as SCSW bought them at 450p 4 yrs ago.

[rotrader] 17/4/2024 15:59

Why don't you shorters start your own board then you can all revel in your pathetic comments between yourselves, thereby leaving us genuine investors to look forward to a VCP recovery in the market when the economy recovers. Which they are well set up for

[arthur_lame_stocks] 17/4/2024 00:16

Actually they lost over £12m in 2022. It's not all bad though, 2021 was a good year when they made a net profit of nearly £3m. And that was during lockdown when the public were all stuck at home being given their children's future debt with nothing better to spend it on than home improvements.

[johnv] 16/4/2024 14:51

This is a £278m company with £93 cash and a debt of £1132m. How on earth are they going to pay that off? The best profit that had was £54m in 2022. That's over 20 years to pay it off. I suppose it is the old saying, it's not vcp problem, it's the bank problem.

[rotrader] 10/4/2024 14:34

Time will tell but if you shorters have made bucketful's on paper, I would close your positions , just my opinion has usual

[tanners] 10/4/2024 10:07

wiseacre - succinctly put and couldn't agree more.

[wiseacre] 10/4/2024 09:35

There are some deluded people on this site. The company has never generated cash. It has used every accounting trick in the book by means of dodgy acquisitions.
Despite desperate attempts to manipulate the share price including the company's current insane daily "buyback" this has been my most profitable short from £10 a share downwards. IMHO the share price has an appointment with zero. Only time will tell.

[arthur_lame_stocks] 09/4/2024 13:33

You must be mad rotrader, the company is clearly in deep distress. I don't want to see you lose more money. I'm not just trying to get at you.

[rotrader] 09/4/2024 13:17

Maxed out this years ISA

[rotrader] 08/4/2024 13:31

Things are going to change eventually and like I've said before VCP are in a great position to benefit so get ready to close your position;-)

[arthur_lame_stocks] 08/4/2024 13:04

You are 'avin a Giraffe aintcha BB?

[black boulder] 08/4/2024 12:17

Here is a link to an article on the front page of the business section of The (UK) Times today, “Growth at a ‘turning point’ as economy gains momentum”.

www.thetimes.co.uk/article/289cd3d9-9591-4638-911b-2adbb0c7b70c?shareToken=1845c0b7c76e627bab3496e88a457567

Please copy and paste the link in your browser to read the article.

[black boulder] 08/4/2024 07:48

Clearly VCP has suffered over the last 18 months or so from the large drop in flooring demand, just like Headlam, Tarkett, Mohawk, Forbo, etc.

However, cyclical businesses are cyclical, and all the leading indicators for a demand recovery - mortgage approvals, house prices, housing transactions - are showing big gains in VCP’s major markets - the UK, the US and Australia - since early 2024.

Only Europe is still subdued, but that may change in the near future as inflation is now just 2.4%, which suggests the European Central Bank is likely to follow the other central banks and begin to cut interest rates mid-year.

With that outlook the downside risk is very low while the upside potential is very significant. A demand recovery is probably only months away, and when it comes VCP’s earnings and share price will move up sharply.

[rotrader] 28/3/2024 17:34

Positive vibes from insiders

[linton5] 28/3/2024 16:30

Good day at the vic🍒🍒;🍒

[my retirement fund] 25/3/2024 11:42

Purchasing own shares with borrowed. Insanity!

[bouleversee] 21/3/2024 15:09

Can someone please explain how share buybacks are returning money to investors when they are held in treasury and then dished out in obscene numbers to senior executives rather than being cancelled? No wonder the share price went down after today's announcement.

[william127] 21/3/2024 12:42

Looks like good addition to the board to add more strength to American market from the Spanish and Italian ceramic divisions. IMHO

[rotrader] 18/3/2024 11:32

I have found the recent news quite positive, but what do I know

[arthur_lame_stocks] 14/3/2024 10:53

Even the house broker's giving up.

[bigbigdave] 14/3/2024 07:19

BERENBERG CUTS VICTORIA PLC PRICE TARGET TO 300 (600) PENCE - 'BUY'

[elsa7878] 13/3/2024 20:42

They can dangle a buy back but will they actually do it. Insane if they do.

[arthur_lame_stocks] 13/3/2024 19:54

I'm surprised this hasn't fallen more today. That was a truly awful update.

[bouleversee] 13/3/2024 15:22

It will be interesting to see whether they cancel the bought back shares or award themselves huge amounts of free shares as bonuses after holding them in treasury for a while so as not to pay divs.