Cvs Share Discussion Threads

[loafingchard] 26/2/2014 18:35

Vetinary medicine provider Animalcare (ANCR) reported a 5.9% increase in revenues to 6.46 million pounds for the second half of 2013, while pre-tax profits were up by 3.5% to 1.38 million pounds. In a call with management today, CEO Iain Menneer explained that the company benefitted as its Licensed Veterinary Medicines business grew sales by 10.7%, boosted by three new product launches over the period. Meanwhile, the firm's animal identification operations returned to profitability as a result of an increased marketing campaign. Menneer also insisted that his company was in an ideal position to capitalise on regulation due to be enforced in 2016 making it compulsory to electronically tag dogs in the UK. The shares edged up by 1.5p to 156p

[loafingchard] 26/2/2014 12:44

Bought a few here for the technical break above 3 quid , long may the strong run continue . Used to hold a year or so ago , this is a well run organisation .GLA

[mr_bluesky] 01/2/2014 17:51

The break out did not come as a surprise to us all.....


Mr_BlueSky
25 Jan'14 - 16:04 - 7 of 8 0 0 edit


CVSG looks to be in "pot hole"

262p now and looks very close to a break out IMO.

Mr Bluesky

[insideryou] 31/1/2014 19:15

About bloody time.. Somebody has been holding this back for months as a position was being built

[lomax99] 31/1/2014 16:41

It looks like it's through your 2.60!

[insideryou] 07/1/2014 13:57

gets stuck at 260

[insideryou] 17/12/2013 09:08

Unloved and drops daily. Never moves up on buying, but hammered from 260

[cyfran101] 13/12/2013 00:28

Yep, the CEO no less.

[gargoyle2] 05/12/2013 13:55

Having said that, someone's obviously very happy to offload at 260p. Almost all buys today and the price has hardly moved.

[gargoyle2] 05/12/2013 10:11

Some huge buying going through here today.

[lomax99] 13/11/2013 09:37

Another sizeable listed competitor shortly?

KKR is considering a float or a trade sale of Pets At Home, which has 350 stores across the UK. The owner of the UK's largest pet shop group has appointed banks to examine the options for the £1.5bn business. Pets at Home also owns Vets4Pets, with more than 200 practices, 125 of them in-store. The group could end up with more veterinary practices than pet shops, according to chief executive Nick Wood.

[bubbleandleek] 25/9/2013 10:41

nazare2.... are you speaking swahili?

[lomax99] 24/9/2013 09:01

Solid results, price may pause after a strong run. Pleased to see an increased lending capacity with the intention of taking advantage of, hopefully appropriately priced, acquisition opportunities. They have invested further in central resources to handle an increased scale of operations, they need to press ahead with further acquisitions to take full advantage of this.

The recent acquisition of Vets4Pets by Pets at Home brings another competitor, with scale, to the market, albeit with a slightly different model, so there may be more competition in future for appropriately priced acquisitions than they think. I suppose with such a fragmented market it may take some time before this impacts.

[nazare2] 23/9/2013 21:12

Are you speaking for anonymous?? There are hundreds of tipsters and if you can work it out from my post without being a subscriber, then you are in the wrong job.

[awesome45] 23/9/2013 15:46

nazare2 - please can you delete your post above as you do not appear to have fully understood the message from your tipster and it will cause offense.

[bubbleandleek] 20/9/2013 12:40

he cant be that well known then!!!?!

[nazare2] 18/9/2013 15:17

A well known famous tipster has just bought this.. He rarely gets them wrong. I cannot say whom as he does not like his name associated with the boards and his tips, but he bought recently.

[jeff h] 13/9/2013 12:02

...and still the almost daily rise continues.

[lomax99] 23/7/2013 08:40

Worthwhile update this morning, showing signs of solid progress.

[jeff h] 09/7/2013 12:52

Schroders stake has come with it purchasing Cazenove rather than it recently buying a stake. From the RNS:-

"Acquisition of voting rights as a result of the acquisition by Schroders plc of Cazenove Capital Holdings Limited."

Yes, it will be interesting to see lfl's and how trading is going.

I like these roll-out type companies that can keep on adding branches/units once they have come up with a profitable formula for individual units.

[androvitch] 09/7/2013 12:30

Possibly a red herring, but it looks like Schroders took a large stake a few days ago, which will may have pushed the price up. The fact that there are more buyers at 200p is indeed reassuring.

This trading update should show 2 positive effects, which may not be fully factored into the value:
i) life-for-like growth is lapping a slow period a year ago, and so should be positive
ii) benefit of some acquisitions now flowing into profits

As I said in a previous post, I expect the current valuation multipe is in the right place following a major correction over the last year, and so share price should now grow more slowly with EBITDA.

[jeff h] 09/7/2013 11:55

Seems to be a lot of buyers happy to pay 200p today.

I managed to buy a few at 196p before the MM's raised the Offer.

Trading Update due out any day - buyers obviously confident with it.