Premier Veterinary Share Discussion Threads

[meganxmas] 16/2/2017 07:21

yes pretty impressive ... revenues will grow slowly but look like will end up at extremely impressive levels !!!!!

[bigglesbingham] 16/2/2017 07:16

Wow 12000 vets who will only sell our pet plans. This may well start to get some very close attention

[pauliewonder] 16/2/2017 07:10

Another great RNS. The US market is huge and there appears to be strong demand for PCP. 12,000 hospitals in across 35 states is the biggest US contract yet. Very exciting times.

[pet lover] 15/2/2017 15:46

No idea on that.

[hydrus] 15/2/2017 15:40

Do you think we will get another update on the AGM date 3 March? They did one last year.

[pet lover] 15/2/2017 15:34

I think sign up times will reduce now that the sales team can show the performance of the early adopters.

It's a good 8 weeks from contract to first plan being sold.

[hydrus] 15/2/2017 15:25

Yes I think 4-5k is about right Petlover sorry should have said that. Less sure about the ongoing monthly run rate. I might be underestimating the time it takes signed up clinics to launch. Hopefully they will have 125 plus signed up clinics anyway.

[pet lover] 15/2/2017 15:20

Hydrus

We might get to my 5,000 then with your extra sign ups.

1,000 were in the bag by late December 16 so 4,000 over 13 weeks is 307 per week

That's 10 a week from 31 hospitals.

Any shortfall can be made up from new vet signings in the period.

[pet lover] 15/2/2017 15:08

HYDRUS

Thanks.

I also think it might be high but the yanks do know how to sell, it's in their blood.

For the vet hospital it's paramount to get clients signed up on the plans in numbers or it just gets messy,with no one party gaining, the vet,the drug company, the client or PVG.

I believe the drive to succeed is far higher in America and clients are far more willing to make monthly payments than in the U.K.

We don't have to wait long anyway update in about 8 weeks based on previous RNS announcements

[hydrus] 15/2/2017 14:59

Conversely I think there may be more than 100 clinics that have launched plans by end of March in USA. I'll go with 125-140.

[hydrus] 15/2/2017 14:57

Will be helpful to get some figures on clinics/plans in the next few months so we don't have to guess. I do think sales rate per clinic per year in USA will be significantly higher than UK btw and of course crucially more profitable.

[hydrus] 15/2/2017 14:55

Key assumption for your 'end of March 1000 plans being sold per week' is the average number of plans sold per clinic per year in USA clinics. You seem to be assuming around 500 each? I think that is exceptionally high. I know some clinics have been bombing along and these are the ones being posted about. But you won't hear about the ones selling less. I haven't got time to look through now but anyone know the average plans sold in a year by U.K. clinics?

[pet lover] 15/2/2017 14:45

The hound and I would like to guess the number of USA hospitals / clinics signed at the half way point 31/03/2017 and number of plans sold.

This is open for comments.

Number active hospitals selling Plans 100 31/03/17

Plans sold to date 5000 31/03/17

Selling rate of plans on 31/03/17 1,000 per week.


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[bigglesbingham] 14/2/2017 08:14

This is ticking up nicely

[netcurtains] 13/2/2017 12:28

would that be a good investment?

[pet lover] 13/2/2017 12:25

Quote to buy 100 shares is 2.31P this lunchtime.

[hydrus] 13/2/2017 08:05

Thanks Petlover I don't disagree with anything you said about LOOP. I'm happy to take a risk with it but it's certainly not going to take a large a slice of my capital as PVG did.

[pet lover] 12/2/2017 12:01

If the rise in the shares of PVG in the last few weeks is down to a bid we will know this week in my opinion.
The cut off date for any meeting to approve it would need to be issued this week if it was going to be held on the same day of the AGM. Logic.
The hound is happy outside in the cold 🐶🐶

[hydrus] 10/2/2017 11:14

Petlover have you looked at LOOP? It know you have similar criteria to me when looking at small caps. Might fit your bill.

[bigglesbingham] 08/2/2017 09:24

I have to concur I have a reasonable holding here , I had a reasonable number from AKT days and just wanted to get out it the beginning as I didn't like previous management. Changes in management and reading this board persuaded me to double holdings between £1.15 -£1.30 so just in profit. However I've no intention of going anywhere yet, the story is strong and I thank you for your informative posts. If they were to be taken out at this stage the management would want upwards of £3.50 to provide a reasonable premium for them. I would personally prefer not to sell but we will see.

[pet lover] 08/2/2017 07:40

Netcurtains :

Much appreciated

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[netcurtains] 07/2/2017 20:41

I have a wad at £1.50 and am glad, after an awful long time! to be in profit. Thanks "pet lover" the wait appears to have been worth it.

Well invested and pointed out to us all!

[hydrus] 07/2/2017 20:36

Absolutely, patience is the key. Still delighted to have unexpectedly picked up a few more for £1.14 in December ;)

[pet lover] 07/2/2017 20:33

HYDRUS.

Have to say had not seen the buying group being sold, but you do have a point.

One thing is for sure.

PVG is doing all what we hoped it would, the shares after a flat 2016 are responding accordingly.💷;