Van Elle Share Discussion Threads

[qs99] 31/7/2020 15:25

OR, it is the Gresham House team re-shaping things given their stake building? Makes sense no?

[citizen_kane] 31/7/2020 15:14

Who is it this time?

There can’t be many left.

[mg111] 30/7/2020 08:00

Bang!!! Another one bites the dust!
Make that ANOTHER Board Director that has been announced as having resigned .... Make that 4 resigned Exec Board Directors in the last 12 weeks.... The circus act continues .... what next? Redundancies? Posted Losses due to COVID19 despite the ‘positive̵7; Comms at the tail end of FY and the promised £4m profit only a few weeks before ... be an interesting read on Aug 20th?
Just any excuse really to paper over the cracks of leadership incompetence....

[chrisdgb] 27/7/2020 08:33

Good to see an in line statement........

[bottomfisher] 23/6/2020 10:58

Gresham House Strategic, an investment trust which which took a 7% stake in Van Elle earlier this year, explains the reason for its investment in its latest results out today.

"We took an initial position in Van Elle, a leading piling and ground engineering specialist for the construction industry and a market leader in the Rail sector, pre-COVID-19. We have subsequently acted as a cornerstone investor in an issue of new stock to support the business through the period of disruption and through to the opportunities which lie ahead. Van Elle will benefit from a high level of infrastructure spending that we expect in the next few years. This spending was arguably well overdue, and the clear communication by the new UK Government provided confidence of a commitment to this changing. This was subsequently evidenced by the 'go-ahead' for the massive HS2 project, which Van Elle should benefit from. The company, however, has been disappointing investors since its IPO in 2016. We are backing a new management team and Board evolution to professionalise the business, enhance the banking arrangements and drive improved returns in future years from a very well invested fleet of equipment."

With a new chairman, a more stable shareholder base, and a Government committed to increasing public spending on infrastructure projects, the scene would seem to be set for a long-term recovery in Vanl's shares. That's the investment thesis. Let's hope that Vanl can finally deliver on its promise.

[danmart2] 11/6/2020 21:29

Have Van Elle managed to get any of the pilling works on the TRU rail project?

Network Rail OCR internal delivery rumoured to be carrying out the latest electrification works from Wigan to Lostock ; they won’t want Van Elle as specialist pilling contractor after feedback from other electrification works where Van Elle had an input.

Majority of Wigan to Lostock pilling will need to be screw piles ; lots of providers who can do screw piles.

Be surprised if Van Elle shares are 20p by December 2021 unless they have a major change in direction

[pugugly] 11/6/2020 20:32

The retreat begins – Sector specific problem (building & construction) part of the general fall back from the ramp up caused by central banks printing too much money - Remember inflation caused by too much money chasing too few goods - and thanks to general high level of shares across many companies too few equities available to soak up the surplus cash (imo) $64K question - a minor blip or the start of the 2nd down wave?

[mg111] 10/6/2020 07:54

So it seems that 2 of the 3 ‘ex’ Board Directors have now confirmed it was a choice they made to leave and not part of the delusional masterplan!
Covid might just have saved some red faces here in the ‘nick of time’.
Oh...and to add to my theory, press stories detailing ALL 3 of these Directors’ (along with the CEO and others)being allocated ‘PDMR LTIP’ shares only just months ago???? Rest my case ... make your own minds up!!
if this ever makes it back to the mid 40’s I’ll be taking my losses at that level.

[citizen_kane] 09/6/2020 20:12

Not for long.

[master rsi] 07/6/2020 21:57

The bounce back continues for the last couple days

[nw99] 04/6/2020 08:56

Looks a good entry level

[master rsi] 27/5/2020 17:33

A good day after a couple of weeks of no interest in the shares, after the last retracement.

[master rsi] 27/5/2020 12:39

and with that we are on the move as trades keep adding in the ticker
spread 33 v 36p now

[master rsi] 27/5/2020 12:25

Finally, the MMs made the right thing on moving the bid price to 32p
Yesterday's late 14k buy and today 10K help to that decision.

[master rsi] 19/5/2020 15:22

No spread move yet 30 v 35
but
selling at 32.10 and buying full offer 35p
MMs could be more generous and moving the bid up to be just right

[master rsi] 18/5/2020 17:13

      TAKING the P!ss from "Citizen_Kane"
A little bird has told me ....
Poor "Kane" went to sign on this morning and he was taking
aside for questioning on not having a job for the last year.

Things went from bad to worse on reaching home
disaster on the bathroom after over eating
during this year of unemployment.

Note : The murderer did NOT post during this time

[master rsi] 18/5/2020 16:19

It seems you got BAD blood

Cain - was a murderer ( Cain treacherously murdered his brother Abel )

Citizen_Kane - wants to do the same with VANL

[citizen_kane] 18/5/2020 15:43

RSI, you’re a bloody idiot.

[master rsi] 18/5/2020 15:12

Anyway the shares are in demand, and it was a MM buying 1,500 shares ( market size ) from the one at 34p, one after another 6 lots, saying move the offer up to 35p, once it was moved it stop.

Time last trade 13:11:06 34.00p 1,500 shares 18-May-20
Price change at 13:11:07

note: Market Makers are obliged to give an OK to any buy at offer price and size 1.500 shares, though they are not at bid price.

[master rsi] 18/5/2020 15:06

Citizen_Kane ( double nicknames )

No one is asking to engage with an old time Investor and player on this BB like me, I love hijacking "B@tards" like you and exposing your way of working over here, naturally knowing all those tricks you play.

[danmart2] 18/5/2020 14:46

34p is about the right price for them, anything between 30p - 40p is in the ball park.

[mg111] 18/5/2020 14:27

Master RSI...
You sound like a silly little boy playing with big boy’s toys to be honest.... not the usual character I would engage. Anyway, rather than deviate, as per my previous post, can you please give us your take on why the two posts you have yourself cited for a residential project with Engie and a great H&S report from Gali Try, but then the 2 leaders of these disciplines along with another Board Director (and 10 others in similar positions in the last year) were part of the LATEST ‘management shake up’!??! It’s in black and white for goodness sake!who is fooling who here???
If you think .34p is a good return for you... well done you! Or does it simply keep you in a job to make such statements?

[master rsi] 18/5/2020 12:07

What was 2 is now 3 buys

Someone says .... buying small I still can get 34p

[master rsi] 18/5/2020 11:38

re - Have to smile

The smile is mine as I was quoting from the company web ( FAKE poster, quoting Trump )

--------------------

the buys continue
2 buys so far, better than nothing or better than sells.