Van Elle Share Discussion Threads

[hybrasil] 13/10/2022 18:43

Someone bought a small chunk at .45

[qs99] 13/10/2022 14:52

Any reason for the tick up? Almost no volume?

[qs99] 10/10/2022 08:05

lovely new contract. This business just seems v. strangely valued! DYOR

[livewireplus] 10/10/2022 08:04

RNS: Contract Award - General Piling Division

[hybrasil] 29/9/2022 11:31

How exciting is this 460 shares traded.

Classic case for private equity take out

[qs99] 29/9/2022 09:03

decent update IMO....

[kinwah] 27/9/2022 11:01

I think VANL are well-positioned and I'll be picking more up on weakness. The long dry summer will help to remind architects and planners of the need for piling before construction on high-shrinkage clay. Just up to management now to deliver.

[hybrasil] 04/8/2022 17:22

I agree. It may be a long term hold but how bad?

[lammylover] 03/8/2022 12:08

My thoughts GS:

Firstly I'm a long standing holder here so underwater, but happy to hold as VANL performance starts to improve.

Positives
- Rev up 32% v FY19 (pre CV19), more if you include acquisition contribution.
- Pre-tax profit £3.6m
- Debt very low at £1.1m
- Have invested £4.9m in new rigs over last year.
- Reinstated final dividend of 1.0p.
- Order book after two months of this year is £39.0m (same as last year)

Risks
- Inflation on wages, fuel etc. How much have they managed to pass on?
- Govmt in disarray. Possible impact on big projects as public finances worsen.
- Housing development likely to slow down over next year as inflation and interest rates start to bite on house sales and new development.

Finally I'd add that the share market is very skittish at present; so any company that doesn't deliver "above expectations" often goes down in price when results announced.
I'd see any significant fall in VANL price as a buying opportunity if you plan to hold for a few years for general recovery in economy.

[qs99] 03/8/2022 10:47

What am I missing in the results for this to be down please!

[qs99] 03/8/2022 10:35

thanks hybrasil

Useful to add to the numbers, always need a credible management team to continue to deliver

EV/EBITDA of c.5 should continue to fall as they chuck off cash and increase EBITDA, yet shares have hardly moved.

DYOR

[hybrasil] 03/8/2022 10:32

I went to see the co and came away most impressed.

Piling will be be with us in one form or other for a long time.

Managment are up to the task

I see this as a long term hold

[qs99] 03/8/2022 10:20

nice one, just looks good value IMO.....ORder book could be higher ....views? DYOR

[hybrasil] 03/8/2022 09:35

Bought 20k at .485p

[qs99] 03/8/2022 09:18

v unloved share it seems. dummy buy showing way under the offer...DYOR

[qs99] 03/8/2022 07:34

So debt free net funds and making c.£10m EBITDA and market cap c.£50m with yield now in play...what's not to like? DYOR

[hybrasil] 03/8/2022 07:18

One of the longest and most comprehensive CEO’s reports that I have read.
The reintroduction of the dividend and the very positive business outlook can only help the share price

[ingham87] 03/8/2022 07:09

Excellent results for a brilliant business. Very strong update , contrary to many others coming out in current times

[hybrasil] 02/8/2022 10:08

Looking forward to tomorrow.

I’m level now on my investment. Plan to buy a few more today

[hybrasil] 20/7/2022 19:07

Thanks for that tole

[tole] 20/7/2022 07:38

Zeus note out earlier.? Valuation: The shares currently trade on 11.9x FY23 earnings with a 2.9% FY23 dividend yield and a strong balance sheet. We think progress with Rail is encouraging and will help the Group meet its medium-term targets, and therefore reiterate our valuation estimate from the August 2021 initiation note of 64.4p per share, now offering c. 59.0% potential upside.

[hybrasil] 19/7/2022 05:38

Live wire.

I get the feeling that this may be about to turn.

There was not a lot of stock offered yesterday.
Trading at asset value. About to announce a dividend payment.
But I am repeating myself.

Let’s see in 3 weeks time

[livewireplus] 18/7/2022 19:02

Look forward to what 100k & 1m purchaes do to the price then ... :-)

[hybrasil] 18/7/2022 16:04

How ridiculous. £10k purchases push up the mcap £2m