Vesuvius Share Discussion Threads

[philanderer] 17/4/2024 10:30

xd tomorrow for the 16.2p dividend

[philanderer] 28/3/2024 10:45

Jefferies raises Vesuvius price target to 685 (675) pence - 'buy'

[philanderer] 26/3/2024 00:39

We've got Bart Simpsons haircut on the chart for the last four months ;-)

[wipo1] 12/3/2024 15:13

Solid hold

[philanderer] 06/3/2024 14:04

Berenberg raises Vesuvius price target to 580 (480) pence - 'buy'

[philanderer] 04/3/2024 14:30

Vesuvius may erupt towards higher margins, says Peel Hunt


The building blocks are in place for engineered ceramics company Vesuvius (VSVS) to hit higher margins within a couple of years, says Peel Hunt.

Analyst Harry Philips reiterated his ‘buy’ recommendation and target price of 600p on the Citywire Elite Companies AA-rated stock, which retreated 4.8% to 474p last week.

The group reported earnings of £200m for 2023, which was ahead of Philip’s estimate of £195m, with margins at 10.4%.

He said the £30m cost reduction programme and ‘growth in 2025’ earnings per share are likely to rise to 57.3p ‘while a first bridge for 2026 delivers the targeted 12.5% margin and 62p’.

‘We are leaving our 600p target price unchanged for now but our confidence in the delivery of the 12.5% margin grows despite the minor adjustments to 2024,’ he concluded.


CITYWIRE.COM

[hopeful holder] 01/3/2024 15:25

It's a big dividend payer too...

[hopeful holder] 01/3/2024 15:24

I don't hold. If it does fall to 400, I will be a buyer for sure. This is a nice solid company and barring black swan events, I do see this as a 550 share.Market is doing weird things.Good luck to you all.

[philanderer] 01/3/2024 10:54

I bet the CFO wished he'd waited 24 hours before his share purchase. ;-)

[philanderer] 01/3/2024 10:30

A good kick in the b*llox today , chartwise back to 400p..... hopefully not.

[philanderer] 29/2/2024 10:27

Happy to hold . Good dividend.

[petewy] 29/2/2024 09:19

mixed set of results..

[philanderer] 19/2/2024 17:47

VSVS tonight is now the largest holding by value in my portfolio. WTB and ABF numbers two and three.

[hopeful holder] 19/2/2024 08:33

Full year report soon, which may trigger a nice spike or even pop it over a fiver.. good luck everyone

[hopeful holder] 16/2/2024 12:23

He is usually quite good at this. I was going to hold mine but sold out today at 489. That's just over 20% profit in less than a year so I am happy.I will be watching and I'm not against going back in even at a high price but I'm out for the moment.Fwiw, I'm not sure I've done the right thing but a profit is a profit..

[wipo1] 15/2/2024 17:02

Naked trader has now sold

[hopeful holder] 26/1/2024 18:13

I can see Thursday end of Feb as being the full year report is tabled. This should be a steady report with no big surprises but on a growth trajectory with stable and predictable earnings. I remain holding and positive.

[philanderer] 15/1/2024 11:09

RBC raises Vesuvius price target to 590 (565) pence - 'outperform'

[hopeful holder] 05/1/2024 09:04

Never wrong to take a profit.I did consider it having ridden this wave from high 3 pounds but I feel it is worth holding to see a mOre definitive direction.Currently the company are buying so a little upward pressure on the share price is persistent. Once we get over this mid 480s the usual 500 will be the next one to beat.

[dudishes] 02/1/2024 15:15

Dippy time?

Out @ 480.

Good luck.

[philanderer] 21/12/2023 00:28

Maybe not before the holidays. Big pullback stateside tonight.

[hopeful holder] 20/12/2023 17:34

Much tighter spread for much of today. I did ponder selling and crystallising a gain but I feel more is to come here.

[philanderer] 19/12/2023 10:00

Nice spread

460p - 475p

2000 shares traded, everyone's packed in for the holidays :-)

[dudishes] 18/12/2023 23:39

And I did! Small bet but suits us Sir!