||EPS - Basic
||Market Cap (m)
|Aerospace & Defence
Real-Time news about VT Group (London Stock Exchange): 0 recent articles
|[email protected]: And, typically, the share price is down 1.4%|
|tourist07: What is not clear to me is whether the "working capital injection" is a loan or a permanent adjustment to the share price.
It seems to me that for it to be a permanent adjustment, it would need to be a permanent increase in the working capital requiements of the JV which I imagine would be quite hard to calculate/prove.
Agree with you marvelman, its a horse trade ... but no doubt VT will close the stable door behind them .... :)
I think that a share price drop of 30% since Jan is overdoing it especially when the prospects for govt outsourcing are arguably stronger. Once the share prices stops sliding, I will be looking to add below £4.50. Meanwhile, a divi is a small compensation.|
|trexpert: The Following in the Independant on Sunday might help the share price.
BAE Systems, the Ftse 100 defence giant, and the Government, are aiming to secure a 15-year shipbuilding agreement by Parliament's summer recess next month.
It is understood that the parties want to sign the deal by 17 July. The contract would see BAE supply the UK's naval shipbuilding needs until 2024. The deal will allow VT Group, the Ftse 250 company, to exit BVT, its joint venture with BAE.
VT has agreed to sell its 45 per cent stake in the company for £380m, once the Ministry of Defence and BAE have agreed their deal. VT is the old Vosper Thornycroft, which will be exiting shipbuilding after 150 years. Its chief executive, Paul Lester, is keen to concentrate on support services work, and held a presentation for analysts last week on opportunities in the UK's burgeoning nuclear power sector. Lord Mandelson, the Business Secretary, in a presentation to the meeting, said: "The government's ambition for nuclear is clear, and it is unwavering. We are committed to the clarity and regulatory framework that the industry needs."|
|what is a login ?: I invested a small sum a few months ago. Good results today have sent the share price plummeting. The phenomenon is most perplexing.|
|ashtongray: I was wondering whether there was a big unfilled sell order out there, but if so it hasn't showed up yet.
Not aware of any new info regarding the carrier or Type 45 orders that would have this adverse impact on VTG price.|
|mangal: There has been some significant director buys today:
3 directors buying shares worth £0.5 million apprx. at £2.16 per share.
Surprisingly, the share price has hardy moved.
I think it's a good time to buy some before the market recognises the significance of director buys !|
|ashtongray: Will be interesting to see if IC comment on this one on Friday. Last comment at time on finals (17 May) was "good value" at an equivalent share price of 294.|
|jayno: Welcome March
I'm no chartist but my hunch is that the share price will now either climb a few points, hold, or tick back a couple before going up again. Crossing a 5 & 20 day moving average shows a clear upwards curve since mid-late October which is surely a buy position (albeit a simplistic one). I normally like to run a 150 day trend through such charts but the summer price split doesn't allow that. However, a 60 day trend shows a shallow decline that will obviously level off and begin to turn upwards if the price continues to do well.
I presume there will be a dip from some selling the day after the dividend date. This is when wise folk could buy more.
enjoy your own decisions|
|bearfoot: 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....|
|bearfoot: 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!
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!|
Vt Group share price data is direct from the London Stock Exchange