Van Elle Share Discussion Threads

[mfhmfh] 04/5/2018 10:19

Peel Hunt reiterated 120p target price

[gutterhead] 04/5/2018 08:13

would be good to get through 100p soonish

[dplewis1] 04/5/2018 08:02

Marked higher on no volume..nice

[gutterhead] 03/5/2018 20:20

40p lol
I thought the update was largely positive with what looks like a solid ceo coming with a quality interim old hand in the meantime.
I also liked that they had retained some of the old Carillion contracts.

[dplewis1] 03/5/2018 16:27

Now that's a fairly meaty purchase just gone through there..and we're up over 6%. Opodio please feel free to admit that you were wrong at any point today..

[dplewis1] 03/5/2018 09:54

Yeah looks solid. Glad it's not just an internal promotion it needed some fresh blood after all the infighting. Looks a good bet this company now.

[mfhmfh] 03/5/2018 08:52

Upcoming CEO appointment looks promising - it's what the company needed IMHO.

[mfhmfh] 03/5/2018 08:52

Upcoming CEO appointment looks promising - it's what the company needed IMHO.

[redartbmud] 03/5/2018 08:49

Doubt that you want to see 40p if you bought at 130p!!

[lammylover] 03/5/2018 08:37

Good call, buying some more!

Have all the "doom-mongers" left the room yet, having wasted their time trying to drive this down and even predicting 40p!!!!

[dplewis1] 03/5/2018 08:31

V choppy trading, buyers smelling a bargain here I've just taken a few more

[redartbmud] 03/5/2018 08:19

Adjusted PBT of £10.5m BEFORE £1m bad debt write off.

[brummy_git] 03/5/2018 08:17

How much of a profits miss?

Adjusted PBT of £10.5m (Act H1 £5.4m H2 £5.1m) vs £12.9 consensus (H1 £5.4m - Est H2 £7.5m)? Or 20-30% depending whether one compares at FY18 or H2'18?

Any ideas what the new consensus expectations are for FY19 (vs £15.0m before) : £11-£12m?

[lammylover] 03/5/2018 08:16

MMs holding price down, but they've got none to sell. Bet they desperately hoping some mug off loads some shares to them at silly money, and then they can move it back up again....wont be me!

[dplewis1] 03/5/2018 08:12

Great call oppodio, did you want to buy some at a discount by any chance?

[lammylover] 03/5/2018 08:08

MMs will pay 76.7p but cant get a price to buy any more, its going rise..

[redartbmud] 03/5/2018 07:52

Read
What a bloody mess we are in, and we don't have a clue what we are doing with a niche business that should be making great profits.

[jimmywilson612] 03/5/2018 07:50

Looks like it's a miss if full year PBT. I think the market was already pricing it in, but will expect to pick these up lower today

[jonwig] 03/5/2018 07:41

I don't know this company well enough to guess what the share price will do this morning, but a couple of others I follow have seen a big opening mark-down followed by slow climb back, at lest some of the way. These were after apparently negative statements which weren't really all that bad.

If it dropped to 40p I'd certainly be keen to get in.

@ Lammylover - I make the prospective PER around 7.8, on a full tax charge. You seem to be assuming zero tax - it will probably be somewhere in between.

[lammylover] 03/5/2018 07:31

For some reason, Van Elle's trading updates always seem to read negative. But when you read it again, there's loads of positives in here. Main one for me is that they expect to make 10.5m pre tax profit in year just ended. This makes the p/e of the company, by my reckoning to be about 6.2. Also finally got around to appointing a new CEO and warmer weather beckons, got to be a bargain at 82p surely? Just my thoughts, DYOR as always, Rich

[mboy010] 03/5/2018 07:25

Subterranean. 🙄 Do you just ignore auto correct?

[opodio] 03/5/2018 07:20

Having reported a very strong first half performance, revenues and margins in the General Piling Division have been lower in the second half reflecting the slightly slower market.

Get ready were going sub terranian

[dplewis1] 03/5/2018 07:09

Read it again. I'll buy yours off you for 40p..

[opodio] 03/5/2018 07:04

Profit warning
40p today

[dahhad] 02/5/2018 07:39

Maybe they are delaying an update in the hope that they will be able to say something positive about current trading to balance what I fear will be bad news in the first quarter of 2018, supposedly due to the Beast from the East etc.IMHO this may work if the news is really good but if there is no good news, the -ve impact will be exaggerated.