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VEL Velocity Composites Plc

29.00
-0.50 (-1.69%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Velocity Composites Investors - VEL

Velocity Composites Investors - VEL

Share Name Share Symbol Market Stock Type
Velocity Composites Plc VEL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.50 -1.69% 29.00 16:35:04
Open Price Low Price High Price Close Price Previous Close
29.50 29.50 29.50 29.00 29.50
more quote information »
Industry Sector
AEROSPACE & DEFENCE

Top Investor Posts

Top Posts
Posted at 23/1/2024 21:07 by madmix
Indeed, Hydrus. I'd say there's still a decent possibility of them reaching £70m annual revenue... One day.

But any investor here needs to be VERY patient. It's increasingly clear that things move slowly in this industry. Credit to them for the progress they've made, but so far they've slightly disappointed by over-promising and under-delivering on timescales.
Posted at 12/10/2023 13:51 by melloteam
Just to let shareholders and prospective investors know that Velocity Composites will be presenting on the MelloMonday webinar at 5pm on Monday 16th October 2023.

The programme for the evening is as follows:
5.00 pm Fireside chat with Paul Hill
5.45 pm Company presentation by Velocity Composites
6.15 pm Company update by Newmark Security
6.55 pm Educational presentation
7.10 pm Company introductory presentation by One Health Group
7.50 pm BASH panel with Mark Simpson, Richard Crow and Kevin Taylor

There will be over 500 investors attending and these are very popul shows with company presentations, fund manager and investor interviews, and panel sessions.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
Posted at 25/8/2023 12:18 by gopher
There is no particular significance to my KPMG parallel, just a coincidence. The reason why investors like a stability in this position is that Finance are seen as the guardians of profitability and are protective of margin on sales.
Posted at 23/8/2023 19:50 by melody9999
IMV a positive announcement re FD position today.

I can provide a little colour based on the visit to VEL on 26/7. This was hosted by Andy Jon and Adam.

After the visit I emailed Andy and Jon to thank them for their time/hospitality and offered some thoughts. I have copied pertinent commentary below:

"There were some comments (from members of the group) that Adam did not contribute much. Whilst he has only been in the role for a few months, he should have a firm grip of top line revenue, EBITDA and cash numbers as recently reported to the market, Whilst that may be the case, it did not come across in his responses. Maybe he was uncertain as to what he could say? It will be important to have a confident and assertive FD in the future."

In Andy and Jon I think we have 2 top class execs. Unfortunately, IMV Adam did not have the same gravitas. I am very comfortable that today's RNS allows VEL to strengthen their management team in the future.

Sometimes an FD departure can be a red flag for investors as it points towards finance issues or even impropriety. But I feel very confident this is not the case here - this is about the person not the finance.
Posted at 28/7/2023 01:09 by lauders
Thank you for your report back on the visit Melody. It really helps other investors when someone is so willing to share their experience. Great to see you are confident of the company's future. We may stay around this share price level until such time as any new contract news comes along.
Posted at 27/7/2023 12:37 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.
Posted at 22/7/2023 12:08 by cooper30
Unfortunately, although I only live 30 minutes away I am unable to attend this due to work commitments.
What a great idea though and nice to see that the company are facilitating investors in this manner (kudos also to melody9999 for arranging this). There are potentially a few questions that investors who cannot attend might want to have raised, if those that do attend could potentially find the opportunity to ask? Maybe not for this open forum but has anyone thought about setting up a telegram group for Velocity shareholders? Or there may already be one that I am unaware of. I am happy to set one up and post the link, if people feel that it may be a good idea to discuss the company in greater detail? I do feel that we may well be about to come into a significant period for the company and it would be great to have a group set up to discuss and share easily
Posted at 22/7/2023 07:45 by melody9999
Will report back after visit. Anyonbe else like to join us? Letr me know by Sunday evening latest.

I have arranged a company visit to Velocity Composites in Burnley on Wednesday 26th July for a small group of private investors. This includes a presentation by the BOD, tour of the facility and lunch. If anyone would like to join us, just private message me or respond on this thread.

No cost - you just have to get there!
Posted at 22/5/2023 12:03 by melloteam
Just to remind shareholders and prospective investors, Velocity Composites will be presenting & exhibiting on the 23rd of May this week at Mello2023.

We have created a two day physical investor conference (23rd & 24th May) at the Clayton Hotel and Conference Centre in Chiswick that will include 15 top quality keynote speakers, 12 educational workshops and panel sessions, 50 exhibiting companies plus over 80 company presentations for investors to evaluate and understand their current or future investments. We will also be hosting a live BASH session, analysing lots of additional companies!

For a £25 bonus add-on price delegates at Mello2023 are also invited to make it a three day visit and join us for the Mello2023 Virtual event the day after, Thursday 25th May.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.
Posted at 17/5/2023 13:23 by melloteam
Just to let shareholders and prospective investors know that Velocity Composites will be presenting & exhibiting on the 23rd of May next week at Mello2023.

We have created a two day physical investor conference (23rd & 24th May) at the Clayton Hotel and Conference Centre in Chiswick that will include 15 top quality keynote speakers, 12 educational workshops and panel sessions, 50 exhibiting companies plus over 80 company presentations for investors to evaluate and understand their current or future investments. For a £25 bonus add-on price delegates at Mello2023 are also invited to make it a three day visit and join us for the Mello2023 Virtual event the day after, Thursday 25th May.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.

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