Velocity Composites Share Discussion Threads

[noirua] 24/12/2022 11:20

11:40 Tue 20 Dec 2022
Velocity Composites soars 60% on major US agreement with GKN Aerospace

[euclid5] 23/12/2022 16:24

Based on Cenkos recent BN update:

This equates to a share price of 55p to 101p, which represents 111% to 288% upside versus the current share price.

55p is around £21m market cap and 101p is £42m. Mid range is £32m or 84p
But their TP is based on the EV/Ebita around 6.5 to 11

[hydrus] 23/12/2022 08:18

I think there is a degree of 'anchoring' here to the pre news share price.With the shares up not far off 50% it feels like there has been a big reaction to the $100m contract news. However it's added only about £5m to the mcap. The market cap here is so low that the increase is not reflective of the scale of the contract at all.Over at MSI today they announce a £25m mcap and it adds about £20m to the market cap.

[letmepass] 22/12/2022 21:11

Back under 30next week

[euclid5] 22/12/2022 21:00

assuming he is down to just under 3%, BRH still hold around 1.057m shs

[sideshowbull] 22/12/2022 20:11

Okay, on it Timbo.

A friend in need is a friend indeed.

BWTFDIK

[timbo003] 22/12/2022 20:00

>>SSB

Trevor is a colourful and controversial character who posts on various ADVFN bulletin boards as ydderf



He also happens to be the CEO (and the largest shareholder) of AIM listed investment company Braveheart

[timbo003] 22/12/2022 11:28

Trevor Brown (AKA ydderf) selling down, I wonder if he has dumped the lot or there are more to go?

[tomboyb] 21/12/2022 08:41

Very thin market overall on LSE -

Could see some significant movement on low vol -

[sideshowbull] 20/12/2022 20:18

Well done Timbo and Vel holders,


promised to not comment on TA, but that pretty much looks like a bull flag breakout..

Again well done. Timbo knows his stuff.


BWTFDIK

[shanew48] 20/12/2022 18:11

Around 75-100 mill MC a fairer one after todays update?

[euclid5] 20/12/2022 16:53

£16m cap after today's rise - still low

[shanew48] 20/12/2022 16:48

Surely the MC at 9 mill is majorly undervalued after todays news?

[euclid5] 20/12/2022 16:23

SRT has a £90m cap, may take a read of the latest BN report

IES has £45m cap

[yump] 20/12/2022 16:03

o/t at the moment I only have 2 other UK manufacturers that seem to be on the verge of something much bigger than at present: IES and SRT, the latter in a better position after years of waiting for jam, I have extra shelves waiting in the pantry now. Big "moat" around that business, as with VEL by the look of it.

[euclid5] 20/12/2022 15:17

good post Yump, yet all the other co's on these boards get ramped & de ramped on a regular basis - yet this small company which are involved in a unique business product, sat quietly here for months, then suddenly release a $100m contract

Notice, no endless placings or death spiral - no option awards to the BoD or cheap warrants -

[yump] 20/12/2022 14:25

Funny really how a business with hardly any followers on here, announces a hugely significant contract and the threads with endless posts have nothing much happening at all.

I guess making mechanical stuff for things isn’t really fashionable. Where are all the “influencers” ?
;-)

[geraldus] 20/12/2022 12:27

Now we know the reason behind that sudden rise from under 20p recently.Hard to keep news of a contract that size quiet.

[timbo003] 20/12/2022 11:32

>>>euclid



You will have to register to access, but it's free 🙂

[dave4545] 20/12/2022 11:21

waiting for shanew48 to turn up

[euclid5] 20/12/2022 11:20

Hi Timbo, do you have the weblink to the broker note please?

Thanks

[tomboyb] 20/12/2022 09:22

excellent contract -

[yump] 20/12/2022 09:12

I don’t recall any mention of the facility in Alabama being mentioned before - its in final stages according to the RNS, so truly under the radar.

There was a 5 year contract announced in Feb 21 with a Tier 1 customer, so thats at least 2 nice long termers.