Van Elle Share Discussion Threads

[dplewis1] 28/11/2024 09:48

Been quite a few 25k sells recently .. wonder if that's Miton

[dplewis1] 22/11/2024 17:01

Absolutely .. still remember buying some shares that Woodford was a forced seller of, easy money.

[dozey4] 22/11/2024 16:24

An overhang in a company of this size and potential might be a good time to top up. Just saying.

[kinwah] 19/11/2024 10:15

Undervalued but...Miton have decided to put MINI into liquidation. They will try and keep some of the assets in open-ended funds. In the latest fact sheet VANL accounted for 1.6% of the assets. This equates to about 1.6 million shares potentially to be sold. I would suggest the Company's brokers ring up Miton and try and clear this overhang as soon as possible. They have two opportunities to warm up investors. There is likely to be a trading update next week ahead of the interims in the middle of December. The results should be OK with a promising outlook. Regardless of the results, MINI holders would be pleased to see some progress in realising assets.

[dplewis1] 15/11/2024 13:41

Had another 10k shares here. Just looks to be a very undervalued company imo

[dozey4] 29/10/2024 09:36

Looks good. £0.5m is cash, so cost effectively £3.0m max. In the year to January 202424 Albion delivered profit before tax of £0.8m, tho no mention of prospects. Stronger together I would say.

[tole] 29/10/2024 07:34

ProgressiveScottish bolt-on energises power opportunitiesVan Elle, the UK's largest ground engineering contractor, has acquired specialist Stirling-based piling business Albion Drilling Holdings for up to £3.5m, expanding the group's presence in Scotland, particularly in its burgeoning energy transmission sector. The acquisition is expected to be earnings enhancing in FY26E, and we upgrade our EPS estimates for next year and FY27E by 8.8% and 10.0%, respectively.

[tonytyke2] 25/10/2024 12:55

dozey4, I still have some investments impacted by that special Truss budget, so my instinctive reaction now in the short term is to be more risk-averse.The companies you mention are good companies and I only sold Renew recently hoping that I can get back in post budget if BAU transpires. From memory I believe Renew was a large holding in a couple of those AIM IHT funds. Still hoping though that BPR will not be impacted.Apologies everyone for slightly off topic.

[dozey4] 25/10/2024 12:09

I try to look beyond the next few days or few weeks. Here we have a British company looking to expand at home and overseas, unlike many moribund managements unable to see beyond share-buybacks and their bonuses. Ashstead Tech is another. Renew another. Good businesses will thrive with or without IHT relief, despite politicians. Get ready for the boom …

[tonytyke2] 25/10/2024 11:19

As I said, hopefully all impacts will have been considered, if they even go partially down this route. Still remembering the Truss/Kwarteng impacts not too long ago though.

[boystown] 25/10/2024 11:07

Surely IF they do remove IHT exemption though, it would be via a long-term phased approach somehow? Too crazily disruptive otherwise.

[tonytyke2] 25/10/2024 10:28

I really don't know how you are supposed to manage your life savings with all this speculation going on, truly ridiculous! I am waiting to add here until after the budget, but I have closed some AIM positions already just from a risk management perspective. I only hope they have thought through all the consequences/implications on both companies and investors, if they abolish BPR on AIM shares. Along with private investor selling imo you would have the likes of AIM IHT vehicles impacted (Octopus, Puma & Downing). Alongside these events you also have to keep your eyes open on poorer performing funds/vehicles also like MINI who I believe are speaking with shareholders about the future of the company. Should they choose to wind down then hopefully the impact on VANL will not be large.Good luck with your investments here.

[dplewis1] 25/10/2024 09:18

She seems to want to wage war on anyone dying or planning on dying in the next few years. Absolute disgrace of a govt imo, she can't even manage a credit card

[hornets89] 25/10/2024 08:54

It really is madness, AIM could see a massive rally from Wednesday if the IHT exemption stays in place.

And chaos if it doesn't!

[lammylover] 25/10/2024 08:41

Muted reaction is because of Autumn statement worries, in my view. There's loads of AIM stocks that are dirt cheap at present, and on my radar. But am holding cash till its clearer what Reeves will do on IHT exemption for AIM stocks. If this is removed, AIM shares could easily drop 20-30% immediately after budget announcement......as market makers shake out loose shares. Primed ready for action next Wed!

[dplewis1] 25/10/2024 08:00

Don't think anyone pays any attention to VANL, it's a bit dull .. just how I like it

[value hound] 25/10/2024 07:14

Yes, good news - fairly muted reaction though? Seems to be worth more like 60-70pps IMO, but we'll get a trading update in a few weeks that will no doubt dash my hopes!

[dplewis1] 25/10/2024 06:04

Nice little RNS this morning

[hornets89] 17/10/2024 15:17

Some changes on the register! Miton on the way out, and Puma coming in. And perhaps Otus still selling too.

Underlying value remains very attractive here imo but we're at the mercy of AIM apathy and these institutions trading shares in the short term....

Could accelerate out of the budget uncertainty though if policies aren't too bad.

[tonytyke2] 03/10/2024 08:39

Ex-div today payable the 18th.

[lammylover] 26/9/2024 06:38

AGM Statement RNS out...

Van Elle Holdings plc (AIM: VANL), the UK's largest ground engineering contractor, is pleased to provide an update ahead of the Annual General Meeting of the Company being held at 10.00am today.

The Group's order book has increased by approximately 14% since the start of FY2025 and there is a strong pipeline of bidding activity, and several framework agreement wins which will see activity levels increase over the next two to three years.

Market conditions in the first four months of the new financial year were challenging across all of the sectors the Group operates in. There are early signs of a recovery in the housing market, with increased enquiry levels and order intake expected to translate into higher revenues in the second half. Delays from the implementation of the new Building Safety Act and general construction sector uncertainty should ease during the balance of FY2025. The transition between Network Rail control periods continues to impact UK rail volumes, with activity levels expected to normalise in the second half.

The Group notes the recent announcement that certain subsidiaries of the ISG group have entered administration and confirms that the maximum potential exposure to the Group is less than £100,000.

Good progress is being made in ground investigation, design development and workload planning, along with customer partners for two of the Group's strongest future potential growth markets; water and energy. In Canada, since the FY2024 results announcement in July 2024, key framework contracts have been secured that position the Group strongly for medium term growth.


The Board continues to expect results to be in line with market consensus1 for the current financial year, with FY2025 profitability expected to be weighted towards the second half of the financial year.


1 Company compiled analyst consensus for FY2025 underlying profit before tax is £6.0m.

[lammylover] 25/9/2024 15:44

Otus Capital holding RNS out - they have trimmed position from 15.55% to 14.97%. Hopefully that's it for now.

[pugugly] 24/9/2024 18:11

tonytyke - U have confirmed my gut feel - Took 25K shares at 42.2 at 9:17 - Possibly jumped too early after Mellow - Should have waited until after 3:00 pm and possibly saved some £270 - Only concern could be if Otus are prepared to take further hits and if so, how deep, to unload at any price-

[tonytyke2] 24/9/2024 16:21

Hi Pugugly, I added near 36k shares @ 4.21p.m. but not showing up on ADVFN transactions.

[pugugly] 24/9/2024 15:21

Looks like Otus Capital Management L.P. Otus Capital Management Ltd still selling down. Most of the selling marks could well be PI purchases (imo)