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VP Share Discussion Threads
Showing 851 to 872 of 875 messages
|Rhomboid - don't be square!I agree re the U.K. business. There's a clear model to acquire complementary businesses to widen their offer, which they've executed well, but I think they are quite choosy and seek out value, so growth in the U.K. is likely to continue to be steady and low risk. The addition of another market in Aus is more likely to catch the attention of institutional investors however. Though I suspect the 51% family holding might be a factor there.|
|I'm a happy holder too, I agree re Oz & NZ opportunity but I think there's more opportunities in broadening the niche businesses in the UK , I liked the powered access biz they bought recently and would hope they can pick up other bolt ons.|
|I'm amazed that there's not more interest in this stock. Good growth, solid dividend, underpinned by long term infrastructure projects. Has repeatedly demonstrated resilience to fluctuations in the economy. Now with the prospect of a new growth market in Australia where they could replicate their U.K. model. There is some risk in that move but VP were very patient in finding the right acquisition and have a good record of acquisitions to date. The last update gave a solid report on the early days of the Aus division and there are clear synergy savings to be had with their existing business in that region. With the rise in oil price and increased activity in the oil sector, the VP division focussed on oil should be picking up too. Looking forward to the trading update around 24 Feb.|
|I suspect it might be the bidding war for Lavendon (LVD) which has more than doubled its price over the last month raising awareness of this sector. VP is one of the better quality stocks in the equipment hire sector but has always been rather under the radar, despite its solid dividend and track record of consistently increasing profits through periods of recession and low oil prices. Or maybe someone has got wind of encouraging results from the Australian acquisition. I've always been impressed by VP's ability to integrate acquisitions. Whatever the reason, VP is now reaching new highs.|
|Kirkie...you have seen the Results RNS haven't you?|
|Unlike this company's share price to get so excited!
I can't believe it's down to paid for "research" published by Equity Development - is there some other reason?|
|New research out today from Equity development.
|Jeremy Pilkington has 50.33% of shares , whatever he decides to do the rest of us will be carried along with. My guess is this 60 yr old company will be under family control still in another 60 years.|
|Not me. I'm holding VP and I think it highly unlikely it will be taken over.|
|Any other holders here think TVH could turn their attentions onto VP if they fail to secure LVD? It's a better quality business that LVD with much better operating margins|
|New research out from Equity Development
|If you would like to hear Neil Stothard,Chief Executive, provide an update on Vp he will be presenting at our next investor forum on the evening of Wednesday 28th of September. Also appearing will be the management of Benchmark Holdings and Venture Life Group.
To learn more about the forum and to register for free please follow this link: https://www.eventbrite.co.uk/e/equity-development-investor-forum-september-2016-tickets-27428572599
The Equity Development team|
|New research out this morning from Equity development
"Vp plc, the equipment rental specialist, announces that at the Group's Annual General Meeting held earlier today, all resolutions put to Shareholders by the Board were duly passed.
Speaking at the Annual General Meeting, Jeremy Pilkington, Chairman, commented:
"I am pleased to report that the Group has experienced a positive start to the financial year.
In the UK, the key markets are generally performing well, with construction and housebuilding in particular generating good demand.
The International business is enjoying new contributions from the TR Group, which we acquired in April 2016, though as anticipated, the global oil and gas market continues to be challenging.
The business performance year to date is encouraging and we have not seen any impact to trading post the recent Brexit decision.
We anticipate making further good progress this year."
- Ends -"|
|From Speedy Hire update today - It is too early to assess with any degree of certainty what impact the EU referendum result will have on the Group's end markets but, to date, there has been no deterioration in trading.
VP currently 15% off share price day before referendum.|
|New research out from Equity Development
|thats more like it...|
|solid performance again, going unnoticed as usual|
|Great set of numbers as usual - consistent overall performance demonstrating resilience even when some businesses are in difficult markets - Hire Station stand out performer and probably the best small tool operator in the market - nice to see further dividend progression|