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Showing 426 to 450 of 450 messages
|Well I've added a few more over the last few days. It may go lower of course but looking 2/3 years out from now I suspect this will be seen as a good level to buy at.|
|Interesting - not going to speculate as to why as have no idea.|
|About 3-5 trades a week of an average of C: 600 shares. Today's volume was huge.|
|It's ok checked myself - clearly a very high volume day|
|What's normal volume on ISDX?|
|153,000 traded on ISDX today.|
|Couple of large trades going through which might have caused a bit of an overhang.|
2017 - 2018 Broker target of £8.1M revenue. Remove the flat buying group revenue of £1.1M and the target from the Pet Plans is reduced to £7M. Assuming 250,000 plans are on the books at the start of the year @ £20.00 = £5M. Then add some extra income from America and the drug rebates a total of £500,000. The shortfall for the year is now reduced to £1.6M. If in the year 200,000 new plans are sold an income from them = to 1/3 of a full years revenue will be delivered of £1.3M. If we add a 10% exchange rate gain on part of the revenue the total income for the year is in excess of the £8.1M broker target. Personally I think it will be achieved. As in ALL years the Pet Plan sales ramp up each quarter the last in each financial year being the highest.👯|
|Unfortunately this may well trade lower in the intervening period, if it does then I will be adding.|
|Thanks Pet lover - I think you are right, I agree with your analysis. The half year report which will probably be released in early May could be a catalyst point if it points to higher revenue and a smaller loss than expected.|
Forecasting is not a science and the further out one goes the harder it gets. Bearing that in mind investors will be focused on 2016 -2017 that's the year I will look at first. £4.3 revenue is the broker target. Like yourself to me it looks on the low side. 139,000 plans at the start of the year @ £20.00 a time would = £2.8M. Assuming the buying group returns a flat £1.1M the ongoing total is £3.9M. 14,000 plans have been sold in the first two months that will produce 10 months worth of revenue (£230,000). We now have £4.130,000. This number takes no account of the further income stream from the drug rebates on any of the sold plans to date or the other fees paid on the 14,000 plans sold in the last two months.Those amounts only need to be a total of £170,000 in the full year and the brokers target will have been hit last week with a full ten months of new income still to go.😀|
|Anyway just a few of us here at the moment I guess patiently waiting. I am certain the market will cotton on at some point but I do think there is a chance they will need to make a profit or clearly signpost a profit in the near term for this to really gain some traction. That could be in just over a year from now as they start to get visibility on 2017/18. A move upwards could of course happen sooner if a fund takes an interest. Ultimately the share price will follow the business, which I think has a very good chance of success.|
|From research tree:"Zeus Capital forecasts revenues to hit £4.3m in 2017, £8.1m in 2018, and £14.1m in 2019, with EBITDA at -£2m, £0.5m, and £4.3m respectively."So some specific revenue figures which ramp up enormously in 2017/18 and 2018/19 which will be due to the lag effect of the pet plans being sold this year. I think the 2016/2017 figure is a little cautious but then again the following two years seem a little optimistic on revenue to me. In fact for 2017/18 and 2018/19 in general I would say revenue figures seem quite optimistic but profit figures seem a little conservative. Just my guesses though. Of course all broker figures are just guesses also.|
|He might be a great analyst but he is a rather poor speaker IMHO. I have updated the thread and will add the interview.|
|I hadn't noticed the interview with the Zeus broker about PVG - doesn't tell us much more but he clearly thinks it's got great prospects: http://www.directorstalkinterviews.com/premier-veterinary-group-plc-business-offering-compelling-growth/412717375|
I take my hat off to you.😇
Tipping is a risky business if I had entered PVG in Mid December 2015 @90P I would not have looked so stupid.The stock jumped when news of the sale of the vets was released a few days later.The higher price was then entered for the competition.
As to how long you might have to wait for PVG to hit £3…40 I have not got a clue.|
|Hi "pet lover":
I was looking at the "stocks to double" during 2016 competition/thread (my stock on the list, Triad, TRD, has actually doubled). Do you think PVG still has a chance to double by January (it would need to be £3.40 to double the January price that I bought in at). Any chance or will I have to wait another year or two or three?
PVG....(Premiere Vet)..........pet lover--------------------------173.50pence|
|It was a fair challenge Mr Dexy. I think the fact his salary next year is £230k and the company have said his total package (including pension etc) will be £300k is a bit more reasonable and demonstrated the vet practice sale bonus etc was a one off. The bonus element related to pet plans sold is up to possibly another £100k. I am very comfortable with that bonus element as if he grows pet plans hugely then we will do very well.|
Have huge respect for Hydrus and yourself for informed and informative posts, which I have followed for some considerable time.. and hence why I am aware of the progress to date..
Just stating my humble opinion, that you cut your cloth accordingly.
As ever, best wishes and regards to all.
The directors spent a few years picking up vets that had gone bust and growing them on to sell.They did just that for a large profit.At the same time they started the buying group and the pet plans.We now have a company worth £17M and a long term broker target of £150M.He and his team have delivered £17M (less £1M of debt) of value.The share price was 28P at the end of the first day of dealings after the RTO.That was under two years ago. So,far from being obscene others may come to the conclusion that he has rewarded himself for a job well done. Personally I sit in the middle.|
|Thank you for the responses re the £805k remuneration for DT..
Wish I was on that bonus & option scheme! pretty obscene given the numbers overall.
Regards to all
|Petlover I am not so focussed on that because assume the fee income from USA will be very low currently. Perhaps in 18 months to 2 years time it might become a very significant income stream but the exchange rate could be quite different then I guess. However if the US plans are fundamentally much more profitable then that's great for the years ahead.|
|The higher fees must i would have thought exclude the foreign exchange gain of another 15% to 20%. What's your view on that?|
|I had not seen that sentence as only had chance to skim read presentation so far - that's an eye opener. I am also really intrigued about the higher fees in USA.|
|Another hospital sold 20 plans in the first ten days.
Have your read page 8 of the presentation. No less than four income streams.|