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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Velocity Composites Plc | VEL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 22.50 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 22.50 | 22.50 | 22.50 | 22.50 |
| Industry Sector |
|---|
| AEROSPACE & DEFENCE |
| Top Posts |
|---|
Posted at 31/10/2024 08:44 by melody9999 I've taken a few again. Unusually I managed to sell at the top at 45p a few months ago.... The last TU 180924 signalled 'short term delays' caused by the customer which will impact the supplying of VEL kits, and so revenue, rather than anything more significant. Meanwhile FD buying.So with the budget out of the way and the share price some 40% lower, I think the risk is now skewed firmly to the upside. Just my view! |
Posted at 03/9/2024 05:14 by lauders Recent article about VEL courtesy of jim89 over on the LSE BB: Hopefully we will get some decent news one of these days. Awfully quiet when it comes to VEL news! |
Posted at 16/7/2024 15:58 by gopher I guess some wealth fund managers running running IHT portfolios need the dividend to avoid selling down to cover fees. |
Posted at 16/7/2024 06:29 by lauders Would you expand on the dividend please yump? First I have heard of this so assume it was something mentioned yesterday? |
Posted at 15/7/2024 16:40 by yump The token dividend probably compensates for the ii's fees in pi funds, so the performance doesn't look so bad ;-/ |
Posted at 10/7/2024 00:23 by gopher I hadn't realised that certain institutional investors didn't invest without a dividend but to be fair I like to see companies progressing the business and eventually rewarding shareholders. The question today was a standard one and more about cash generation beyond 2025.Very pleased with solid progress on execution, I gained the impression that once one becomes embedded into the supply chain, new business will flow through contacts and so contract wins are not are not at the expense of margins. |
Posted at 09/7/2024 22:32 by yump I wish loads of small growth companies would forget dividends - totally pointless when it could be reinvested for growth. Any investors for income have much better yields in much bigger companies. Not surprising if we don’t develop the larger businesses that the US have.Perhaps the dividend thing reflects basic conservatism from UK investors who for some reason regard it as a positive sign, when its just a token gesture. Often only 2% anyway. |
Posted at 09/7/2024 11:27 by lauders Not really! Bullish for the future. Cash positive this year. Discussions on going with multiple parties it would seem. Patience, patience is the message. No dividend for at least a couple of years, although understand that some funds want dividends before they invest. |
Posted at 22/5/2024 05:10 by lauders VEL presenting at Mello today. Will we see a decent RNS before the event? Soon find out. Hopefully the recent strength is a good omen! |
Posted at 27/7/2023 11:37 by melody9999 Folks - here is some feedback from the site visit yesterday.Our BOD have an in depth understanding of the aerospace industry. Senior management seem solid and dependable The Board owns a significant amount of the equity (50%?) so their interests are aligned with ours. There is plenty of opportunity – in aerospace and potentially other sectors. Main 'competition' is that their prospective customer base continuing to carry out work in-house rather than outsource to VEL Customers are very sticky and reliant on VEL once converted. There is little or no churn but rather new FAIs (first article inspections) as aircraft are modified. In contract discussions with potential new customer so looks very encouraging. VEL have spare warehouse capacity in the USA. Advantage that VEL have is in the tech, data and process they have developed to produce kits. This will be invaluable as they seek to contract further customers A capital raise is possible in the not too distant. VEL keen to involve private investors As evidenced by the RNS yesterday, VEL intend to ‘tell the story’ themselves rather than rely on brokers to inform the market. In contrast to some other listed companies, the facts about VEL will be in RNS; broker notes will offer the brokers opinion based on the information supplied to them by VEL. On the RNS yesterday, the FAI sign off delay is by mutual agreement and based largely on the customer needing more time to update their processes. VEL will continue to support the customer to ensure a successful outcome for both parties. No indication that this is going pear shaped – far from it; the contract length is unchanged but starts later. |
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