Van Elle Share Discussion Threads

[dplewis1] 13/12/2024 19:16

These guys seem to think VANL is good value hTTps://www.rockwoodstrategic.co.uk

[herbert0] 12/12/2024 13:54

From last year's Final:-
Gross profit

Gross margin improved by 3.1% in FY2024 to 30.1% (FY2023: 27.0%). The increased gross margin is primarily due to better contract execution across divisions, as well as a positive mix impact. Improved mix is due to the subdued residential sector resulting in lower Housing revenues where margins are typically at the lower end of the Group's margin range. In addition, in the prior year, two significant infrastructure projects delivered by the General Piling division were delivered at the lower end of the Group's margin range.



Some inflationary pressures have continued to affect the cost base, particularly through wage inflation. Cost saving measures and efficiency projects are being implemented where possible.

[diku] 12/12/2024 13:32

Are you sure sure?...

[dplewis1] 12/12/2024 13:26

It's from the annual report ..

[dplewis1] 12/12/2024 11:16

Gross margin 30%. PE drops under 8 next year with nice steady eps growth forecast over next 3 years

[diku] 12/12/2024 09:24

Plank is good...what sort of margins they working against?...

[diku] 12/12/2024 08:15

Such business have to deal with too much red tape regulation and weather elements is another hindrance aka delays etc etc...

[dplewis1] 12/12/2024 07:34

Wouldn't expect them to in a trading update tbh. It's in line with market expectations but seems we'll be waiting a year for some real traction here

[flyer61] 12/12/2024 07:28

Yes, underwhelming. No mention of cash position.

[dplewis1] 12/12/2024 07:03

Slightly disappointing TU from them -hTTps://www.londonstockexchange.com/news-article/VANL/trading-update-notice-of-results-investor-pres/16807647

[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!