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VCP Victoria Plc

244.50
7.00 (2.95%)
Last Updated: 10:57:01
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Victoria Plc LSE:VCP London Ordinary Share GB00BZC0LC10 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  7.00 2.95% 244.50 242.00 244.50 244.50 237.50 242.00 134,363 10:57:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Carpets And Rugs 1.48B -91.8M -0.7982 -3.04 279.48M
Victoria Plc is listed in the Carpets And Rugs sector of the London Stock Exchange with ticker VCP. The last closing price for Victoria was 237.50p. Over the last year, Victoria shares have traded in a share price range of 220.00p to 729.00p.

Victoria currently has 115,010,419 shares in issue. The market capitalisation of Victoria is £279.48 million. Victoria has a price to earnings ratio (PE ratio) of -3.04.

Victoria Share Discussion Threads

Showing 5076 to 5100 of 7275 messages
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DateSubjectAuthorDiscuss
04/7/2016
17:35
Hi

Thanks LM, much appreciated.

For sure there has to be something waiting to raise its very ugly head, why else would the share price dive, dive, dive like it is?

the construction thing always been a loser and remains a loser as far as i can tell - i can see vcp losing too much money so soon, may be even a 800p on sale, possibly like some have suggested?

tjbird
04/7/2016
17:28
"The result is the worst PMI reading since June 2009 and the first time the index has fallen below the crucial 50 mark since April 2013."

That journalist fails to mention that March 2009 was the very nadir of the stock & property mkt. So its a late signal to say the least! Bit like saying the barn door is open long after the horse has bolted. Could mean the beginning of a contraction period - but could also mean there has already been some hesitation on projects ahead of Brexit.

The market is finding its feet here - my local estate agent tells me that due to continued shortage of supply that's deals are still going through, no sudden drops & no chains have broken (surprising). That's more of a central London thing where the stakes are high & family considerations are lower.
Going on that anecdotal evidence and the fact the Carney & Osborne have been forced to do a huge U turn to further support the economy now - I think especially where families are concerned - its business as usual.

LM

luckymouse
04/7/2016
14:39
MARKETSUK construction output falls at fastest pace since ’09 – Markit
6 hours ago
URL
Twitter


Britain’s construction industry suffered its worst performance in June for seven years and has slumped into contraction territory, a closely-watched survey of activity has suggested, as the sector was rocked by uncertainty over the outcome of the EU membership referendum.

The UK construction purchasing managers’ index dropped to 46 for June from 51.2 the previous month – economists had expected it to fall to 50.7. Any reading below 50 indicates contraction. Just over 80 per cent of responses were received before the result of the referendum, writes Nathalie Thomas.

The fall in the PMI was triggered by a steep decline in residential building work while the commercial sector was also hit. The result is the worst PMI reading since June 2009 and the first time the index has fallen below the crucial 50 mark since April 2013.

rubberbullets
04/7/2016
12:20
Positive note from Growth Company Investor

"Victoria

BUY

01/07/16

Like most housing-related stocks, Victoria (AIM: VCP) has been hit by post-Brexit fears of recession. No one knows how the economy will pan out; but Chairman Geoff Wilding believes Victoria is in better shape than that implied by the market’s reaction.

With a 15 per cent market share in UK floorings, Victoria should be able to make gains at the expense of the 55 per cent which is imported. The devaluation of sterling against the euro makes imports less competitive and hands a cost advantage to domestic producers like Victoria. It’s true that price of imported fibres will rise; but they represent only 16 per cent of UK manufacturing costs. Wilding also says that he has fully hedged this year’s raw material purchases in any case.

At a group level there will also be some foreign exchange gains from translating the 20 per cent of profits that are generated in Australia.

Acquisitions form a big part of the Victoria story as management seeks to consolidate the industry. This strategy is unchanged and the company is still looking in Europe as well as the UK and Australia. The talks with Lano of Belgium were terminated in April and it’s fair to say Victoria’s firepower has been diminished by currency and share price falls. However this aspect of the investment case is more about management finding the right deal rather than fine tuning the price.

Results for the year to March will be released at the end of this month and we should learn more about the outlook at that stage. Carpet distributor Headlam (LSE: HEAD) recently said this year had started well; but that was before the referendum. On current forecasts the shares are on a p/e of 10 times this year’s earnings which looks terrific value, in the absence of a recession of course."

1boston
04/7/2016
11:21
Sales very exposed to people moving houses. Which is set for a slowdown given the swing housing market and today's announcement of low construction growth in June.

At least they're not eyeball deep in debt, less than £100m

SCS and CPR sharp falls


Construction PMI hits seven-year low


Search News Archive



Related News
Scottish confidence collapses
Irish construction employment grows
Referendum blamed as construction growth dries up
London's construction activity accelerates
Growth in Irish construction activity slows



















1


The month of the EU referendum saw the UK construction purchasing managers’ index (PMI) dive into negative territory for the first time in more than three years.

The graph is heading in the wrong direction...
Above: The graph is heading in the wrong direction...

At 46.0 in June 2016, down from 51.2 in May, the seasonally adjusted Markit/CIPS UK construction PMI pointed to the weakest overall performance for exactly seven years.

Any PMI score above 50 indicates growth, and the higher the score the greater the growth; a score below 50 means contraction.

With 80% of survey responses received before the referendum result was announced on 24th June, the downturn in business activity was generally linked to uncertainty in the run-up to the big vote, rather than a response to the Leave outcome.

Residential construction was the worst performing sub-category of activity, with activity falling at the fastest pace since December 2012. Civil engineering activity remained broadly stable in June, while commercial building work saw a sharp loss of momentum and posted one of its weakest readings for six-and-a-half years.

tjbird
04/7/2016
08:46
where dynamoose
betelgeuse1
01/7/2016
20:09
I have to say I don't understand the need for all this blx Dyno

From the very peak its dropped around 33% - I doubt anyone caught that

And pre Brexit drop is around 25% - not exactly the 75%er or tends to zero that pros generally go for ie co's that have effectively announced that they are bankrupt. A Lucian Mears favorite I hear.

Quite frankly half the FTSE100 names dropped 20-40% in one day on Brexit - makes all of this effort look a bit silly by comparison. Whenever Greece has troubles NBC (Nat bank of Gr) drops like a stone.

I'm no a pro shorter - but if I was I would probably wait for some real sh*tty event to hit Sky News - always does - wait for the vix to spike right up, weaken, then ride this leveraged ETF or similar all the way down - it displays fantastic decay - and no need to say a word - beat everyone up hourly - or anything. Just watch it fade 50%-75%+
The natural decay math does all the work for you. Given the unimpressive %s and the ridiculous amount of effort - I can only presume you simply prefer being horrible - and for less $ too?

luckymouse
01/7/2016
17:10
Dear me. One after another, clutching at straws here.Don't worry though, I heard rotten trader is reimbursing all those who bought on his "last chance at £14" recommendation.Be quick.D
dynamoo
01/7/2016
17:07
So, what you're saying is because a financial director bought shares the price can't go lower than when he bought?Don't be so naive.D
dynamoo
01/7/2016
16:52
M Scott appointed FD 14/1/16 and spent £50 k on shares. Would he have seen books before taking job and purchasing shares?
countryman5
01/7/2016
16:06
Last one out on Monday close the doors.£8D
dynamoo
01/7/2016
16:00
Sry mate - I'm bullet proof - naughty hard playground words no effect here lol
luckymouse
01/7/2016
15:57
Your shift at the call centre finished?I wondered where you were.You ready to amaze us with your squiggly line predictions?See you at 8 quid.D
dynamoo
01/7/2016
15:27
You've been reading too much Derren Brown - relentless autosuggestion, blood & guts lol - must be a large short
luckymouse
01/7/2016
15:20
It can smell the profit under £10 now.Like a shark after blood.D
dynamoo
01/7/2016
15:05
It's called catching the falling knife.You know how that ends, right?You get your hands sliced off.D
dynamoo
01/7/2016
15:02
Buying opportunity?Put your money where your mouth is ramper .No one else is joining you by the look of it.D
dynamoo
01/7/2016
14:56
There is some big investment company's holding a sizeable amount of shares -


Old Mutual Plc 1,065,535 5.86%
Schroders plc 935,530 5.14%
Hargreave Hale Ltd 886,156 4.87%

I'm not concerned - buying opportunity if you ask me.

alemein
01/7/2016
14:53
Constant selling today. No support.D
dynamoo
01/7/2016
14:52
£18?It was £20 earlier.Revising your target already?Dream on dreamer.£8 is on the way.D
dynamoo
01/7/2016
14:48
your becoming boring now - I'm back to the other board

£18

A

alemein
01/7/2016
14:32
There's the extra fall.Maybe a little bounce Monday / Tuesday before continuing the silde.Have a nice weekend all.D
dynamoo
01/7/2016
14:08
Good luck, seriously.Just remember, at support you should see demand.If there's none, support doesn't exist.D
dynamoo
01/7/2016
13:42
I'm waiting for support which is about 15p away now.
pippin6
01/7/2016
11:52
Level 2, only another 1000 shares at this price then another 1.5% drop.D
dynamoo
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