Premier Veterinary Share Discussion Threads

[pet lover] 24/1/2017 08:18

Off chance its PETS AT HOME

I only say this as that stock has fallen hard and needs some very fast growth.

[bigglesbingham] 24/1/2017 08:11

10k bid 1.91 offering 1k at 1.99. Still looking strong

[bigglesbingham] 23/1/2017 17:39

I'm an old AKT investor I've added a reasonable amount at 88p to £1.30 so hold around 50000 shares now so fingers crossed.

[pet lover] 23/1/2017 13:39

Bigglesbingham you only need one great share in a lifetime to set you up. PVG closed at 28P on its first day of trading. If if hits the brokers £150M in a year or two the return would be 35 times.£10,000 invested £350,000 out the other end. Your training has tought you to expect a return over 5 years of around 25%. £12,500 V £350,000.€512;👌

[bigglesbingham] 23/1/2017 13:23

I'm in the wrong game ha ha cheers hydrus

[hydrus] 23/1/2017 12:24

From the broker note:'We believe there is potential for the company to reach £10m of EBITDA over the medium term if the US rollout is successful, and we see an increased uptake in Europe. We see no reason why this should not be a £150m+ business if they deliver £8m – £10m EBITDA based on current peer group valuations.'

[bigglesbingham] 23/1/2017 08:51

I was comparing to our industry, financial adviser where buy out is only 4x .

[hydrus] 22/1/2017 21:10

Do you mean £200m for a company making £10m profits? That would be a perfectly normal ratio (PE of 20 ish say) for a sale. I was of course talking about a scenario in a number of years time which is purely hypothetical at this stage.

[bigglesbingham] 22/1/2017 21:02

Why would someone pay 200m for a company generating 10m ?? Bizarre! And I own this

[hydrus] 22/1/2017 19:28

Apologies my additional purchasing was in December as per my posts at the time - time flys......

[pet lover] 22/1/2017 18:41

Full year results.

Dominic Tonner, CEO of PVG commented:

"The significant progress made over the last 12 months in Europe and the US has helped develop a clear path for investing in sustainable aggressive growth over the next 5 years. The Company's research across many countries indicates an opportunity to build a major global enterprise to deliver substantial returns to shareholders.


Has this sparked the interest of a major player.?

[hydrus] 20/1/2017 21:17

Truism of course but why now and who is buying. One or multiple buyers etc. II or retail. Anyway no point agonising over it but good to see some interest.

[bigglesbingham] 20/1/2017 20:53

I think this has moved because of a/the buyer raising their stake simple as that.

[hydrus] 20/1/2017 18:41

I meant *they* control the business

[hydrus] 20/1/2017 18:41

A nice worry to have re take over. The Directors will want maximum return and control the business so assume they won't want that either.

[hydrus] 20/1/2017 18:40

True - I expect it's partly a broker report being available detailing the opportunity here, partly the USA 'proof' as you put it and perhaps some II interest as a result driving it up.Let's see how things progress. I'm fully prepared to ride out volatility here and any extended periods of consolidation. The share price didn't really do much for a year or so (ignoring short term spikes) so could happen again.

[pet lover] 20/1/2017 18:26

My only slight worry is a take out much sooner than we think.When a stock spikes like we have seen this week one tends to look for a reason.

[pet lover] 20/1/2017 18:24

HYDRUS

At last the company has attracted some serious attention.I thought this would be last summer when the 10,000 vet hospital leads were contracted. Perhaps investors required some proof America would be successful first.

[hydrus] 20/1/2017 18:16

Agreed petloverThe sector is extremely attractive and you are right about PVG's global ambitions. I posted this on another thread a few days ago. Should have mentioned high gross margins also.'PVG moving on more buying. Worth revisiting key points:Pet services an attractive somewhat recession proof sector Sticky recurring revenue model (c 97% retention)No debtors as collect cash upfrontExtremely high growth in revenuesConcept now proven in USA where growth looks even higher than UKVery high inside ownership levels with no dilution since IPO (directors have personally lent funds rather than going for dilution)Broker targets c £4.5m profit two years from now with first profit in 2017/18I expect a trade sale to a US pet services company in 3 years time or so.'

[pet lover] 20/1/2017 18:14

Not sure if the link in post 519 works.

[pet lover] 20/1/2017 17:56

Interestingly Cramer points out is not easy to get exposure to the pet care market.

Pet food is margin driven.

Drug companies are massive.

Listed vet chains groups are rare in the U.K. you have CVSG where the shares are well up with events.

PVG with its global aspirations and niche market is attractive to investors.

[bigglesbingham] 20/1/2017 13:51

Good luck all and please keep posts coming particularly petlover and hydrus

[pet lover] 20/1/2017 13:45

If as I suspect the compound growth rate exceeds the 69% a year broker Forecasts the shares today are more than just cheap.
£28M is today's valuation.
A year or two down the line when profits show the growth rate should be the same as the PE. Even at the brokers 69% the PE after tax would be above 50.
To justify that PE at today's market cap profits of £560,000 need to be produced.
If profits hit the brokers estimates of £8-£10M then the shares could rise 30 plus times from now.

A PE of 50 is extremely racy and it would take time with NO slip ups along the way.
If PVG end up doing just one quarter of that it would be a fabulous result.

[netcurtains] 20/1/2017 13:27

pet lover: your 2015 tip for 2016 is at last coming good! Well done! I'm glad I held out. I think it will go a lot higher over the next year or two.

[pet lover] 20/1/2017 13:11

A new inter day high has been reached today which is satisfying for those investors here and the hound.🐶
We can only speculate the reason for this weeks storming run.
If like HYDRUS myself and others you believe this company has exceptional potential for low risk high growth recurring revenues then just sit back and enjoy.Evedence is now showing that in AMERICA PVG"S managers and trainers are doing spectacularly well in converting new hospital customers onto the plans.

Six months ago these team members had to win over the first veterinary hospitals, never an easy task when your from out of town and offering something new.

Today PVG AMERICA can substantiate their success just by showing potential new hospitals the sales charts from early hospital adopters.Growth can now hopefully jump up a few notches.

PVG can just print off a spreadsheet showing before and after.That builds confidence in proving that ANY hospital can successfully implement PVG 'S Pet Health Plans.