ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

VEL Velocity Composites Plc

31.00
-0.50 (-1.59%)
14 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Velocity Composites Plc LSE:VEL London Ordinary Share GB00BF339H01 ORD 0.25P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.50 -1.59% 31.00 9,642 10:22:50
Bid Price Offer Price High Price Low Price Open Price
30.00 32.00 31.50 31.00 31.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Aircraft Parts, Aux Eq, Nec 16.41M -3.14M -0.0588 -5.27 16.84M
Last Trade Time Trade Type Trade Size Trade Price Currency
13:15:52 O 647 30.90 GBX

Velocity Composites (VEL) Latest News

Velocity Composites (VEL) Discussions and Chat

Velocity Composites Forums and Chat

Date Time Title Posts
24/9/202407:00Velocity Composites PLC495
26/11/202014:29Vanoil - BIG oil prospects in EAST AFRICA !!273
12/5/201122:49***VELTI PLC***THE MOST UNDERVALUED AIM STOCK407
28/9/201009:28VELTI - cheap and interesting?103
24/1/200614:39R EAST SECURITY-

Add a New Thread

Velocity Composites (VEL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-10-14 12:15:5330.90647199.92O
2024-10-14 12:00:0630.90995307.46O
2024-10-14 09:01:5031.005,0001,550.00O
2024-10-14 09:01:4231.003,000930.00O

Velocity Composites (VEL) Top Chat Posts

Top Posts
Posted at 14/10/2024 09:20 by Velocity Composites Daily Update
Velocity Composites Plc is listed in the Aircraft Parts, Aux Eq, Nec sector of the London Stock Exchange with ticker VEL. The last closing price for Velocity Composites was 31.50p.
Velocity Composites currently has 53,468,368 shares in issue. The market capitalisation of Velocity Composites is £16,575,194.
Velocity Composites has a price to earnings ratio (PE ratio) of -5.27.
This morning VEL shares opened at 31.50p
Posted at 03/9/2024 06:14 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 28/6/2024 05:11 by lauders
I hope we are "consolidating" here before a nice push up in price. Would be a perfect time to announce a new contract or some other positive news!
Posted at 22/5/2024 06:10 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 02/5/2024 10:43 by husbod
Maybe the company believes that an announcement of the FAI could be a trigger for taking the company into the big league and they therefore need a larger player Ito persuade more institutional shareholders to join the register.That with the recent director share purchase makes me suspect/hope we could be at a turning point.
Posted at 08/4/2024 08:08 by geraldus
A token purchase by the chairman today.Share price at a year low and well off the 40p price for the fundraise.One thing for sure,no big news expected in the near future.
Posted at 12/3/2024 01:39 by lauders
Let's hope the new CFO is someone who will deliver for VEL. Good end to the day re: the share price.
Posted at 23/1/2024 10:45 by sidam
After the presentation, I am seriously considering increasing my holding. Looking at the numbers, the share price looks very good value over the next year to 18 months with decent upside on new contact wins. But over the long term, this could be a 10 bagger or more. Hope I am right.
Posted at 23/1/2024 09:52 by carlo sartori
Having read the report I think good progress is being made and the numbers are very solid. Very happy to maintain my investment in Velocity. IF the price were to slip back from current levels I would be very tempted to add to my holding.
Posted at 20/1/2024 20:26 by cooper30
I expect to see not much difference from the figures forecasted in the July 26th announcement. Which was:

For FY2023, with the adjustment to FAI process sales estimates and changes in exchange rates, the Group is now expecting to report revenue of between £15m to £17m, and an EBITDA loss of between £1.2m to £1.6m (subject to finalising the capitalisation of certain costs in the US).

Cash at bank should have increased significantly due to capital raise c. £1.9M expecting. Will be interesting to see what the net margin is shown at. Will it still be at 23%? Last year it was stated by the company that they were working with the supply chain to increase this revenue figure back up to 26%. Will they have done this? If not, my question would be why not.

If we look at how the share price reacted after last years results then hopefully we won't see the same reaction this year (65p one week prior to results and 35p 8 weeks following results)! My hope is that the silence from the company is that they are working very hard behind the scenes on a new contract... although very frustrating for shareholders. Hopefully they will have learnt from last years reaction to results and have a rabbit in the hat
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.
Velocity Composites share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock