Victoria Share Discussion Threads

[1boston] 20/6/2016 15:19

The difference with Victoria is that they are generating lots of FCF which means they quickly re-risk their acquisitions. They are also benefiting from historically low capital costs which makes the current environment perfect for an acquisition led growth strategy, provided you don't overpay (which so far they haven't) - all of their acquisitions have been accretive and quickly integrated which suggests the management are rather good at doing what they do. The recent aborted deal is further reassurance that they will walk away if they don't like the price.

PS. Worth reading Roger Bootle in todays Telegraph on how overdone economic Brexit risk has been portrayed

[dynamoo] 17/6/2016 10:28

Agree.Maybe it was a wise move to terminate the recent Belgium deal at this moment in time.The fact remains...VCP comes with a lot of risk due to the high level of gearing, this will increase during uncertain times.When you're a highly geared business, you need to demonstrate continued growth, make one wrong move at the wrong time and the tide will turn sharply.

[rotrader] 16/6/2016 09:43

An out vote on Europe may not be bad for VCP, being an international group of company's.

[abarclay] 16/6/2016 08:48

Buying anything is like catching a grenade ahead of Brexit

[dynamoo] 14/6/2016 17:41

What did that ramper say on the other board? Last chance to buy in at £14 ... lol£8 here we come...

[rotrader] 14/6/2016 17:30

Perhaps the low £13's the way its going ;(
Lot of big sells today - its all on the results now. GLA

[rotrader] 02/6/2016 14:49

Last chance to get in on the low £14's.
Results next month with more acquisitions likely.

[luckymouse] 20/5/2016 12:51

A good fundy vs technical debate - lets see what this strange contra cycle year brings - I'm not sure anyone knows yet with these fed games - I suspect they like to engineer dips only to create upswing later on.

ATB LM

EDIT: I've self moderated some of my more vigorous comments to keep it respectful & strictly business LM

[dynamoo] 19/5/2016 13:12

You'll end up poor following those squiggly's.

[dynamoo] 18/5/2016 23:45

I don't envisage a crash.

I do envisage a grind lower as demand keeps falling, as the profits are pulled out by PI's, and when June comes around.

There's zero demand at these high prices right now.

It will hunt for volume, it's what the market does.

D

[luckymouse] 18/5/2016 23:33

I agree with that - the adj pe and unadj pe are extremely different to say the least reflecting the audacious move. Heavy exceptionals with buy to build-ers tends to be a drag on price rather than a crash - provided as you say they don't f up. The fwds are here and higher but concede it may have arrived early in the annual valuation cycle.

[luckymouse] 18/5/2016 23:13

I notice you missed the height measurement of that top off the weekly - which if extended down - yep - again points at the 1200s - at that point - and only at that point will you truly know if its bid

[luckymouse] 18/5/2016 22:52

The largest volume (ie real people & inst's - not in fantasy land) confirms the lower pivot at 1275 - that's where the buyers are - as soon as it goes there they will hit it.

[luckymouse] 18/5/2016 22:26

That's just a talking game - heres the real long term support & resistances from a professional traders site.
Ive also worked it out a few different ways and they all point at similar levels
- your levels no where in sight??

[dynamoo] 18/5/2016 21:15

LuckyMooseI didn't answer your "which is it?" because I'd already given an answer, in technical analysis.To remove doubt, I'll say the exact thing again.The price IS trending down from the high at the moment.It IS making lower highs, and it IS at a VERY important short term support.When it breaks, the floodgates will open.I didn't want to repeat myself, but ok, you got me.See you all under 10 quid soooon.D

[luckymouse] 18/5/2016 20:00

1. Outrage technique to avoid answering killer question (still not answered?)
2. Defamation to deflect attention away from absence of any logical argument

lol

[dynamoo] 18/5/2016 16:32

Yeah, this has done all its going to do for 2016.Tops in, new downtrend developing, a clear break of the current level (14) and we're heading down sub 10 quid.My bets are on the 8 quid area, 50% pullback.D

[rotrader] 18/5/2016 15:52

Goodbye Dynarod