Premier Veterinary Share Discussion Threads

[hydrus] 14/1/2016 10:22

I made a point on here previously that the company can generate large profits on low revenues due to the margins. BVXP is a company that has revenues of only £4m but has a market cap of more than £60m because of the exceptionally high profit margins. In time, I suspect PVG will also have a high rating due to the above.

[netcurtains] 12/1/2016 08:33

I bought more.
The way I see it ....

JUST EAT (selling home delivery plans to independent take aways) is valued in the BILLIONS but how many people actually use the service (most people get pizza from the big chains or use their favourite indian/chinese direct).

If JUST EAT is worth BILLIONS then PVG should be worth way way way more than £22M... As a pet owner I ACTUALLY USE MY LOCAL VET..... How many people can honestly say they have ever rang up "Just Eat"....

This could be BIG... I mean REALLLLLLLLLLLLLY BIG

[hydrus] 11/1/2016 12:26

There has been no big fall, the limits barely changed but expect volatility in any case. If you are confident in your position then day to day fluctuations are irrelevant. As above this is a 3 year plus hold, not really bothered what happens in the short term.

[netcurtains] 11/1/2016 12:08

why the big fall? Any theories? Just market makers "shaking trees"? Big seller paying for expensive christmas? any ideas?

[bigglesbingham] 10/1/2016 07:50

I'm an ex AKT investor and had lost all hope of receiving anything back of my significant investment. However over the last week having read these articles then conducting follow up research the future looks a lot brighter. The concept is so simple and obviously works: with £4m to unveil the proven model around the world I'm feeling very optimistic . Many thanks in this board!!!

[hydrus] 09/1/2016 10:40

Good article pet lover thanks

[pet lover] 09/1/2016 10:16

Why does vaccination compliance fall off dramatically between puppyhood and a two year old?
by Johnsheridan on January 9, 2014
The latest figures from the MAI report from AT Systems, indicate that in the UK, 78.8% of puppies and 58.1% of kittens are up to date with the recommended vaccination programme but that the numbers fall off dramatically to 58.4% and 47.9% respectively, two years later. Why does it happen? Well – it’s clearly an issue of poor compliance with professional advice. The first question is why? If anyone is to blame, is it the client or the practice? This is a major business management problem for practice and I was delighted to have an opportunity of talking to Andrew Carter, Head of Client and Member Services at the Premier Vet Alliance during the London Vet Show.

This sums up the problem.Pet owners tend to forget or simply not bother to keep the up basics that ensure their pet has a long healthy life. When it's pointed out to them that a cheap solution is available with text reminders and other benefits its job done. Clearly the animal is the real winner followed by the owner who has peace of mind then the vet who has killed two birds with one stone : A healthy pet and a regular recurring income: Finally PVG gets its small cut and everyone is well pleased.

[the dogsbody] 08/1/2016 23:15

"probably sells itself" exactly netcurtains. Think of all the thousands of puppies, kittens etc bought by the public every week. All of them presented to a Vet for vaccination. With an expanding population there are more pet owners in the UK and lost pets are nearly always replaced. So an unfailing queue of customers and future PVG expansion into new markets to come.

[netcurtains] 08/1/2016 22:20

pet lover and Hydrus:
Sounds good. I understand it now. Makes perfect sense. For example, if set up your own web based system with , say Mysql (backend database) and some sort of java script Ajax code to access the date, you would probably need to pay some IT bod about £500 a day for about 6 months (to get system up and running) - that is about ( £12,500*5) AND SIX MONTHS. With PVG.L you get the entire thing IMMEDIATELY and CHEAPLY. Its a no brainer - probably sells itself.

[pet lover] 08/1/2016 21:46

How come PVG is selling 1800 of these plans per week.? The veterinary clinics just like your doctor struggles to get patients into the surgery for regular check ups.Think men over 50 who never go to the doctor. Compliance is poor with vet owners often only showing up at the vets door when the pet is sick. These plans give the pet owner peace of mind that the vaccine wormer and flea treatments are taken care of on a regular basis. A check over of the pet is also done at the same time .The plans also offer discounts off other vet services pet food clipping and so on plus the cost is spread into 12 low payments each year. The vets pay a small fee to PVG to run the plans that reduces hassle for them and gains the clinic much needed repeat income.This amounts to extra cash and loyalty to the clinic.The reason the plans are so popular is because they are not a hard sell the pet owner is getting value for money and more importantly the pet is not missing out on the basic treatments that keep the animal fit and healthy for a long life.

[hydrus] 08/1/2016 21:14

Net curtains - these are pet wellness plans, not insurance for when things go wrong. I agree that one of main benefits for vets is getting regular income with opportunity to up sell. My take on the outside bit is that if a vet practice was to set up its own plan it would need to invest quite heavily in new systems to administer them, invest in marketing material, train staff to sell them etc - PVG actually only take a small fee per plan per year so the cost saving of going it alone for a vet is quite low. Scale helps reduce the costs with the above - PVG can do it cheaply for the vets due to this. Plus it will be professional and quality due to their experience.

[netcurtains] 08/1/2016 21:04

thanks "the dogsbody",
It still doesn't make complete sense though. I go to a local dentist. He charges about £100 a year to be on his books, and I have to go once (or so) a year for a check up. I don't need a "dental plan" and I as i say, we don't have "pet plan" - we just have the commercial insurance. Why would a vet get an outside group to sell these plans, surely they will just do their own "plan" (like dentists)?

[the dogsbody] 08/1/2016 20:51

I expect to be a long term shareholder in PVG because I know how pet owners think, act and care passionately about their companions.

Once the Vet's client is signed up to the Pet Care Plan this brings them into the Vet's Surgery more frequently, initially for what they consider to be ongoing free and reduced cost services. Therefore their Vet gets to examine and treat each pet more often and ongoing additional services can be sold.

netcurtains have look at this link to find out about the Pet Care Plan

[netcurtains] 08/1/2016 20:16

pet lover:
We have a labradoodle.
We have pet insurance wuth petplan (part of the Allianz insurance group).
We go once a year or so to the vet and pay the bills like normal.

What are these vet plans that PVG are selling? I don't understand.
How do they differ from pet insurance from an insurance company like Allianz?
hxxp://www.petplan.co.uk/

Cheers for the info
Net

[hydrus] 07/1/2016 12:51

Buying kicking in now, the drop partially due to general market concerns is offering an opportunity I guess. No idea where this will end up this year if market cottons on to the medium term picture here.

[netcurtains] 07/1/2016 08:34

pet lover:
Its all well and good quoting numbers in isolation. But you have to do comparative sums to work out if investors will prefer this stock to another.

Another one of my stocks is PCF.L (they do HP on car sales (another growing sector)). PCF.L make £2m a year profit whereas PVG.L have £4m in the bank. To turn £4M cash into £2M profit per annum is probably going to be a long term struggle.

So relatively, should you put money into PCF.L instead of PVG.L???

The answer is NO!!!!

The Hire Purchase sector is less stable (Anything can happen to the economy) but people always love pets.

The SECTOR is important. You should invest in PCF.L because £2M profit is better than £4M in the bank but you should also invest in PVG.L because the PET sector is way safer than the Hire Purchase sector.

Invest in PVG.L because they have a wad of dosh and poddles and labradoodles etc are adorable. Kittens and puppies are the future.

[hydrus] 06/1/2016 19:42

Happy New Year to you Pet Lover. I am not sure there is appetite for new thread title it appears and it was just an idea. Not a problem let's carry on with this one. I hope also there are not too many traders joining in. Looking forward to the results as there should be more comment about strategy going forward.I'm not expecting much if any profit in the 2015/16 year but you never know. Due to the high gross profit margins there will be an inflection point in the not too distant future whereby all group running costs are covered by sold pet plans and then pretty much every penny of revenue growth after that point will be profit. Therefore there will be a very rapid climb in profitability which may be missed by investors who focus on what seems to be quite a low level of revenues. This company does not need high revenues to generate big profits. The point when this happens is hard to judge as with the new funds we just don't know what could happen with new contracts with vet groups for instance.

[pet lover] 06/1/2016 18:47

Back home after a long day hound doing what he does well. Nothing.I started this forum on the first day of trading in the new RTO : PVG back in the spring of last year. 121 posts so far most of which have been good. PVG is not a share for silly day traders or for that matter any investor looking for yield as no dividends are ever going to to be paid. 3 to 5 years is about right for solid gains. The dinamics of the company changed on the 18th 12th 2015. The slow growing and deathly boring vets were sold. This has also cleared the nasty loans costing 12% and put £4m in the company back account to be used for rapid growth. PVG is now going all out to sell as many health pet plans to enhance shareholder value. The wider market has yet to click but given time it will as one just can't find companies on the main market that can grow turnover at 100% compound for a few years. Even if you find the growth elsewhere you then can't get recurring revenues at very high margins. PVG"S growth will eventually slow as its size gets to large to support growth above the 20% - 30% bracket. The short track record of PVG is as good as it gets buying the run down vets for next to zero building up turnover and in their last year profits and then selling them on. At the same time since 2011 the recurring revenues from the buying group and pet health plans have hit £3m again from a flat line start.PVG is now for the first time is in charge of its own destiny it has very fast growing revenues that will flow through to the bottom line over the next few years without any effort what so ever.To that we can add the growth of new markets all over the world where sales can be won on a low cost basis to produce large profits in 2017/ 2018.

I have done my bit here and if anyone wants to start a new forum with last months news please do.
Happy new year from myself and the hound.😺€570;

[hydrus] 06/1/2016 14:54

Patience needed here - it's a three year investment IMO to ensure significant value outs.

[netcurtains] 06/1/2016 13:56

Come on guys, this stock is a steal. Get in there.

[hydrus] 05/1/2016 22:17

In my view investing in a company just because you happen to think the industry is expanding is not sensible - should solely be about whether the company itself is likely to be successful. Many companies have floundered in expanding industries and reverse is true in so called contracting industries (e.g tobacco)That said, highlighting a single story about a rich guy taking his dog on a plane doesn't really support your point about the industry expanding. Anyway let's just leave it at that and best of luck with your investment. Hopefully we will both end up with a successful result.

[netcurtains] 05/1/2016 22:07

Hydrus? What on earth are you on?
PVG is a pet company.
deal with it.
I AM THE NEW INVESTOR...
Just forget it and move on.
No need to ramble on.
PVG is in an industry that is growing and growing
right round the western world.
That is an important point.
That is why I am a new investor.
Invest in sectors that are growing -
in this way you get better odds.
Like, for example, bet on internet shopping,
or cheap flight sector of aviation.
Keep within growing sectors, like PETS and
you should do all right.
PVG is in the right place at the right time.