Van Elle Share Discussion Threads

[alfieduncan] 16/1/2017 15:04

Oh 19th Jan. This Thursday! Many thanks. I should have doubled checked and not taken TDW as read.
The founder was in semi-retirement from about two years ago. Now at 73 this year, and having successfully completed the move to the AIM market, is probably looking for a quieter life. Hopefully he can sit back after 30+ years at the hard end and watch the value of the business grow.

[keepitsimple] 16/1/2017 14:30

As a large, leading edge specialist, Van Elle has good barriers to competition. With its long track record and consistent growth, I was happy to buy in slightly late at 111p. It's not a share to be sold in a hurry.

[valhamos] 16/1/2017 14:07

Next event is the interims on 19 January :)

[thorne3] 16/1/2017 14:07

I bought in substantially at about £1 when strangely the shares did not initially move above the new issue price.My discussions with the FD indicate 3 excellent years to come without the assistance of acquisitions some of which are now under discussion.I would certainly expect these shares to go thru' £2 well within 3 years.Quite why the founding chairman resigned so soon after the flotation I do not know.Anybody any ideas?

[alfieduncan] 16/1/2017 13:35

Anybody out there still?
Certainly more buyers than sellers and sizeable ones on occasions.
Next event is the year end figs on a round the 30th April if no operational news in the meantime. Looking to beat and improve on previous years. Onwards and upwards hopefully.

Income Statement

Financials 2014 2015 2016

Turnover 46.65 73.59 84.20

Operating Profit 3.13 7.37 11.06

Net Profit 2.23 5.43 8.45

Reported EPS 2.79 6.79 10.56
Balance Sheet
Current Assets 13.23 20.58 21.91

Non Current 13.24 19.38 27.41
Assets

Total Assets 26.48 39.97 49.32

Current 14.54 19.38 18.98
Liabilities
Total
Liabilities 19.00 27.18 28.50

Total Equity 7.48 12.79 20.82

Cash Flow
Operating 2.40 10.40 11.09
Cash Flow

Net Change 0.09 1.37 1.26
in Cash

[keepitsimple] 29/12/2016 12:18

Piling on the word puns!

[kop202] 29/12/2016 11:28

Everything augurs well for the future

[melody9999] 23/12/2016 18:21

As he is non-exec, it is hardly going to affect day to day business.

[martini] 23/12/2016 12:00

Geotechnical contractor Van Elle Holdings PLC on Friday said Non-Executive Chairman Michael Ellis will retire at the end of 2016?

[rjd123] 23/12/2016 10:31

Any real reason for the sales today?

[basem1] 08/12/2016 19:55

Good to see you here Someuwin !! Are you still in TAP ?

[someuwin] 08/12/2016 15:22

8 December 2016

Van Elle Holdings plc

("Van Elle" or "the Group")

Trading update for the six months ended 31 October 2016

Van Elle, the geotechnical contractor offering a wide range of ground engineering techniques and services to customers in a variety of UK construction end markets, is issuing the following trading update ahead of announcing interim results for the six months ended 31 October 2016 on 19 January 2017.

The Board is pleased to report that trading in the period was in line with its expectations, with high levels of enquiries and an order book as at 1 November 2016 ahead of the start of the period. This positions the Group well as it enters the second half, which is traditionally the busier period and includes work in the Specialist Piling division scheduled over the Christmas holidays and a number of anticipated contract awards and starts in the new calendar year.

The Board remains confident in its expectations for the current financial year and continues to believe the Group is well positioned to take advantage of attractive growth opportunities over the medium term.

[melody9999] 01/12/2016 23:41

eah get a good feeling about it Butler. Can't see any reason to trade out of this rather than treat as long term investment.

[butler4] 22/11/2016 09:13

This is a great company - nothing to dislike and it climbs a penny a day.

[nw99] 22/11/2016 07:54

Hold for more

[kendonagasaki] 22/11/2016 07:38

Every time e daily mail tip something you make 8-15%. In at £1.02 here but may take profits today.

[pilot48] 21/11/2016 11:08

Worth keeping an eye on their twitter page as well.

[nw99] 21/11/2016 10:50

Cracking chart and Daily Mail tip seemed to set it alight

[pilot48] 19/11/2016 22:22

No worries. Noticed people "piling" in this week and no thread so set one up.

[melody9999] 19/11/2016 22:01

thanks for setting up the thread pilot. This is one of those boring (get it?!) stocks that I think will do well.

[thorne3] 19/11/2016 15:11

This company should make £10m after tax in the current year which based on its high margins and cash generating capabilities means that at a flotation valuation of £80m it was undervalued.This is now becoming evident.With solid organic growth aided by a few acquisitions over the next 3 years I see these shares doubling as the infrastructure/housebuilding growth story takes hold.

[pilot48] 18/11/2016 21:24

hxxps://www.van-elle.co.uk/defaultsecure.aspx

A play on increased spending in rail infrastructure and housebuilding.

Admission Doc: hxxps://www.van-elle.co.uk/InvestorRelations/AIMRule26/VanElle_Holdings_Plc_Admission_Document.pdf

Daily Mail tip:

Peel Hunt are forecasting FY17 (April) revs of £98m for pre-tax profit of £12.3m. This predicts growth mainly from specialist piling (high margin and high barriers to entry) and ‘Smartfoot’ (ready made foundations). Small dividend expected next year, expected to grow.

Bolt on acquisitions also expected for further growth, using IPO proceeds/shares/debt.