Velocity Composites Share Discussion Threads

[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.

[husbod] 20/12/2022 09:05

See my post of 43 days ago. Happy days.

[yump] 20/12/2022 08:56

Great for Burnley (and the North !)

UK business needs a bit of good news in manufacturing. It is a proper niche then and a great recovery.

[hydrus] 20/12/2022 08:40

Remarkable contract. Clearly other big opportunities also. I bought back in here at 39p as I don't think £15m mcap reflects the scale of the transformational nature of this deal. It validates their business opportunity and based on the outlook comments there will be more of these over the coming years.

[timbo003] 20/12/2022 07:51

Two announcements from the company this morning and a house broker update:

from Cenkos:

Valuation

We form a fair value estimate for Velocity Composites by targeting an EV/EBITDA range of 6.5- 11.5x for FY24E, which would place the shares within the upper quartile of the UK industrials space which we believe is a fair reflection of the growth prospects for the business. This equates to a share price of 55p to 101p, which represents 111% to 288% upside versus the current share price.

[yump] 14/11/2022 00:19

Oh yes theres been a huge amount of pumping all over the place. Not.

Idiot.

[covid 19 deal] 08/11/2022 00:02

Pump and dump

[diku] 07/11/2022 23:01

Yes had similar views...



yump7 Nov '22 - 18:06 - 203 of 203
0 0 1
I think I just thought it was a nice UK business that might come good as it seemed to have a niche and a few good orders signed. Then it all seemed to get messed up with the BOD hiccups, then Brexit, then covid.

[yump] 07/11/2022 18:06

I think I just thought it was a nice UK business that might come good as it seemed to have a niche and a few good orders signed. Then it all seemed to get messed up with the BOD hiccups, then Brexit, then covid.

Very difficult to know if its a little gem that is taking a long time to get serious traction, or a business that will just muddle along.

[husbod] 07/11/2022 10:24

Me too. So long ago I can't remember why I bought them.Back of the settee job in the hope they might come good one day. Sitting on too much of a loss to sell.