Share Name Share Symbol Market Type Share ISIN Share Description
The Vitec Group LSE:VTC London Ordinary Share GB0009296665 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +13.00p +1.85% 715.00p 715.00p 720.00p 715.00p 705.00p 710.00p 15,580.00 16:19:46
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 376.2 10.5 20.2 35.4 318.12

Vitec Share Discussion Threads

Showing 201 to 225 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
24/2/2017
16:05
If the next update confirms recent positive momentum, that opens up potential for a large multiple re-rating IMV. The current rating is not a growth company rating, or anywhere near. A dividend increase of 11% may underline the CEO's confidence, all just IMV only, please DYOR as always.
essentialinvestor
24/2/2017
08:53
spooky, if it helps on the recent results presentation VTC mention a return metric on all acquisitions made since 2011, lots of detail on the investors site, as you may already be aware.
essentialinvestor
24/2/2017
00:21
Spooky - not really, at least for the moment. The restructuring costs were announced in 2015 and should reduce this year. The acquisition charges are mainly amortisation of goodwill so non-cash charges. Even including the cash outflow from the restructuring costs, their FCF (pre-tax/interest) is 45mm giving an EV/FCF of 8.7 which is pretty cheap. With 50% of their revenues from North America, that would make them a good target for a US acquirer.
wjccghcc
23/2/2017
17:05
FX looks a main medium term headwind imv, GBP oversold v USD/EURO. However even stripping away all currency considerations, there are some intersting and very positive developments. The company appeared to lose it's way a little for a while with the distraction of MAG. Now you have a double benefit of the refocus and multi year efficiency measures increasingly kicking in, very welcome.
essentialinvestor
23/2/2017
15:41
WJ - Don't you have any concerns about their persistent use of restructuring costs and charges associated with acquisitions?
spooky
23/2/2017
12:24
Added a couple of lots having listened to the conference call So at last a focus on core and previous restructuring efforts look to be creating an interesting growth play. Buying distributers in some markets looks astute, hopefully more of this to come.
essentialinvestor
23/2/2017
11:58
Have held on an off down the years, remember VTC from the mid 90's when it was a high growth business with a PER to match.
essentialinvestor
23/2/2017
10:08
The FX benefit is likely to stay unless you think £ will recover strongly against the $. I always strip out the working capital changes in valuing cashflow. I deduct the 2 year average capex from working capital adjusted cashflow to get free cashflow. With VCT, that gives FCF of 42mm, and EV/FCF of 9.
wjccghcc
23/2/2017
09:42
If you strip out the FX benefit and one off big inventory reduction, is VTC still that cheap on cashflow?.
essentialinvestor
23/2/2017
09:40
Also here. Bought back a while ago. Very cheap on a cashflow basis as well as PE. Given their international exposure, wouldn't surprise me if they were bought by a US company.
wjccghcc
23/2/2017
09:36
Just cropped up on my quality, value & momentum screen. Looks like a real hidden gem this one. Also reassuring that this board isn't full of idiots!
bruceylegs
22/2/2017
08:14
Well cellars it only seems to be ye and me interested! This one probably won't be exciting but I reckon it'll top 800 by results next year. Well run, tightly held, $ earner, growth sector.....
the dark horse
21/2/2017
21:58
Forecast beating results duly delivered
cellars
19/2/2017
08:24
Results due Tues 21/2 and already flagged as better than market forecasts - with $ earnings from new acquisition they could be even better ....
the dark horse
20/9/2016
13:11
BB's do not come much quieter than this one! Today, though, Vitec has made its biggest acquisition since 2011. It looks attractively priced and in a sector Vitec knows very well indeed.
cellars
18/5/2016
11:04
Read Arden Partners's note on VITEC GROUP PLC THE (VTC), out this morning, by visiting hxxps://www.research-tree.com/company/GB0009296665 "Standing on a PER under 10x and with a yield of 4.6% we think that Vitec is very attractively valued given its leading positions in growing markets. This valuation probably reflects the market’s concern over growth prospects given the headwinds seen in recent years, particularly from FX and the decline in Photographic markets, and also the “lumpy” nature of the contribution from its service activities, which are heavily influenced by major events such as this year’s Olympics in Rio. We believe that delivery of this year’s pr..."
thomasthetank1
10/9/2013
11:33
Will it break through previous highs in March now?!
gswredland
20/8/2013
11:35
Good to see the strong recovery recently
gswredland
28/2/2013
17:33
Sold out also.....revenue stagnant . To many questions going forward. Focusing on margins but no guidance on growth Also £9m restructuring cost for transferring work to Costa Rico... More opportunities elsewhere
jakedog2
28/2/2013
13:01
I sold the few I had this am. Results were fine but they didn't give any outlook apart from the restructuring. I'd guess it's more of the same for this year. Just felt I had better things to do with the funds.
wjccghcc
28/2/2013
13:00
Quiet thread indeed, but thought I'd ask if anyone had any thoughts on today's results? I'm not sure what to make of it. Revenue slightly down but profits and eps up on the face of it, although I think they are the adjusted figures. Otherwise both are down?! Dividend has been hiked up nicely though. share price doesn't seem to have reacted either way...
8mp
18/1/2013
13:35
Jodi I tend to see decent falls on no obvious catalyst as a good place to get involved. 591 felt about right. Like the market and the financials. DYOR
wasteman2004
11/1/2013
20:32
Why the fall today I wonder? No obvious catalyst
jodi17qad
21/11/2012
14:07
Heavy buying today and no sales according to ADVFN.
jodi17qad
16/11/2012
12:48
Can anyone explain the large number of sells of between 35 and 45 shares please? From a chartist point of view, would now be a good entry point?
jodi17qad
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