Vt Group Share Discussion Threads

[bearfoot] 13/11/2002 18:50

Jayno - no I can't make any sense of them either. But I have noticed previously (see orginal post) that VTG is characterised by sometimes having a number of late reported large 'O' trades at about the mid-price. I'm still clueless and I also wish someone could brighten my dim cell on this one. Anyway, excellent day whatever...! :-))))

[jayno] 13/11/2002 14:46

Can anyone make sense of these last 3 large trades? Buy, sell, transfers or what?

Jayno

[bearfoot] 13/11/2002 11:25

Jayno - well done! It never ceases to amaze me how extremely badly this company is covered by both the Company (perhaps they have to be ... military etc.), analysts and by the papers. This is a very successful FTSE-250 company!!! Having said that, I know that The Sun tipped the shares as being 'share of the year' two months ago when the price was less than 180p. I had never realised The Sun was so perceptive! :-)

Onward and upward!

[jayno] 13/11/2002 11:19

VTG should be featured on the Investech charting website by tonight. I pointed out to them that it wasn't in their companies list and they have just written to say they will correct the omission.

Jayno

[bearfoot] 13/11/2002 10:37

Welcome to VTG, Mr Ashley James! Yes, I agree with you. The biggest upside IMHO are the HUGE and LONG TERM bids which they are working on (into BILLIONS!). I expect a complete re-rating as and when (if not before) these start coming in. Their preferred supplier status with Government military gives them a tremendous advantage! Good luck!

Level 2: Very strong this morning (depiste market conditions) and will go higher still today IMHO.

[mr ashley james] 13/11/2002 10:18

Bearfoot,

These came up on my radar screen about two months ago and spent part of weekend researching them I quite liked the idea of Vosper Thornicroft.

Good call, I liked cash position, low PER, and I think from memory divi yield historic or actual can not remember.

I thought their support services business would do very well out of an Iraq conflict.

Best of luck

Cheers

Ash

[bearfoot] 13/11/2002 09:34

Yes, Jayno, I agree. Have just 'topped up' with another 5k this a.m. having sold less attractive stock. I expect more and even better news over the upcoming months. Yes, will be interesting to see any delayed trades later in the day. If I was a Pension Fund manager I'd be wanting to 'get on board'! :-))))

L2: is strong. I suspect the 20% recent share price rise will start to attract retail interest soon....

[jayno] 13/11/2002 08:37

The price is rising on only a few small buys this morning. Does this mean a big buy order will be revealed later, or maybe that some more news is coming?

Looking very good either way!

Jayno
:-))

[jayno] 12/11/2002 16:20

Cheers Bearfoot

Nice snippet passed to me by a pal:

"In today's West Australian (the state daily newspaper), VT are listed as one of six finalists (from a field of 21) in the competition to build up to 8 ships for the New Zealand Defence Force. The others are Tenix (Western Australia), DSA (Australia Netherlands), BAE Systems (UK the old Yarrow yard), Blohm und Voss and Singapore Technologies."

Jayno

[bearfoot] 12/11/2002 09:27

Jayno

Thanks for your post. I'm big in these (for the long term). This surely is one of the most positive statements I've seen this year. They are a conservative lot so you can place considerable credance behind their "double digit growth in profits" goal over each of the next 4 years!! ... which makes this a fantastic buy. With billions of pounds of longer term orders expected to be signed over the next few months ...lasting into the distant future ... and taking into account the fact that their order book is wildly up... AND their stated status of being one of UK defence's preferred contractors makes this a tremendous opportunity over the medium/long-term, IMHO. The 'secret' is still not, Jayno. At the growth rates they are talking about this has a good chance of making the FTSE-100 and being thrust into the limelight. In the short term, a "bit of conflict" will do them no harm either!

[jayno] 12/11/2002 08:11

Well the "secret" may be out Bearfoot.

Their results appear to have more than delivered on the growth of Support Services that the City and financial press have been looking for. The order book and promise of new contracts (backed by "preferred contractor" gains) also looks very healthy. More strengthening of the Board is hinted at. All in all (and in more ways than one!) a company on the move!

They may still suffer from the low profile you spoke about in your original post, but surely we will see at least a steady buying response (many folk may decide to get in, or at least wait to sell, for the generous dividend on the 22nd Nov too).

Plenty of upside here methinks. Good place to have some money. Of course, this company will presumably do well even if there are unpleasant developments in the Middle East or with terrorism.

Jayno

Will we see a re-rating I wonder?

[jayno] 08/11/2002 00:30

Yes, I'm inclined to agree with you Bearfoot and I've taken a couple of punts here too. I phoned the company this morning and was told the results will be given to the City next Tuesday.

Interest to see the 3 100k trades (buys I think) just a while ago!

Jayno

ps: did you know this was one of Lord Wakeham's interests?

[bearfoot] 07/11/2002 15:49

Whoa there Jayno! - I believe that LW's on the way out! Will be interesting to see how they treat their recent acquistions (post Enron) in their accounts!

[bearfoot] 23/10/2002 15:04

VTG masquarades as a shipbuilding and faciities management services company - opearating mostly in the UK and overseas public sector (armed forces, schools etc.). However they've made some very interesting strategic acquisitions lately (one in the worldwide transmission business). VTG have a very strong hand in any long-term UK and worldiwde military support services.

I've done quite a bit of research on this (secrative) company and there's a huge amount of upside in this under-marketed and head-down outfit. Whilst retail investor volume seems to be quite low there are increasingly tranches of 200k+ shares passing through the market several times a day around the mid price (though not today!). Anyone got an explanation??

The VTG share price is 188p. I reckon with earnings this year in line with their plans (ie higher than market expectations) PLUS the possibility of more long-term contracts AND increased activity as a result of any conflict... these shares could come in for a substantial re-rating and, on that basis, I've gone big and long on this one!

Any comments/thoughts?

btw. don't be fooled by the share price charts ... they had a 5 for 1 split at the time of the apparent share price crash!