Velocity Composites Share Discussion Threads

[melton john] 17/3/2023 10:17

The big trade was a delayed trade from the 15th according to LSE site. I suspect it was traded off market and just reported late. Hard to get any more info. London Stock Exchange has become like the Magic Circle regarding transparency, can only get trade info for today.

[geraldus] 16/3/2023 18:20

Yes,yet it is marked up a tad after.Still got some powder dry for this current market fall back.

[fastbuck] 16/3/2023 18:06

Someone dropped 305k shares at well below the quotes at 34p, maybe a one-off or a seller trying to liquidate?

[geraldus] 16/3/2023 09:09

Had a few of these again now it's gone quiet. Gla.

[cowie19] 14/2/2023 18:06

Well this just isn't cricket

[hydrus] 13/2/2023 13:45

I'm not sure it is quite as clear cut as a 50% chance of complete business failure lolThere are risks of course but the reality is they are already well down the line and the new facility is already built in the US and they have signed a $100m contract with GKN for that facility so there is that too......

[charo] 13/2/2023 12:22

Expansion into USA is as likely to break them as make them.

[timbo003] 08/2/2023 15:41

Cenkos Virtual Growth & Innovation Forum – February 7th 2023

[cooper30] 07/2/2023 19:03

Someone offloaded around 250,000 shares yesterday evening and throughout today. The reason for this is nothing to worry about or negative towards the company, they just wanted out due to personal reasons. Should hopefully see a nice rise into new US contract news next month imo

[yump] 07/2/2023 17:28

There'll be the usual punters. When small deals shift the sp, there's a few folk around who just want to cash a quick buck - that's their thing. Watch for news on thinly traded shares and grab 10-30% if they're quick and lucky.

[doodle1] 07/2/2023 17:25

13% down.. on what?...market is having a laugh!!

[cowie19] 07/2/2023 12:23

Spoke too soon lol

[cowie19] 06/2/2023 11:43

Nice start to the week

[yump] 25/1/2023 09:38

Thanks for the figures. I guess it doesn’t matter exactly how they work out at the moment as they give plenty of latitude for higher valuations.

Re: prospects. I got same impression as you. Its sounds like more contracts as well as the GKN contract - unless it was written before the GKN contract, which seems very unlikely.

Second paragraph looks like it includes GKN, first paragraph implies more than that.

Happy with it now anyway - I hold from ages ago and was very worried about the BOD issues and then covid. Always looked like a good niche, but plenty of those have failed despite promise.

[sidam] 24/1/2023 20:26

In the presentation, I thought there was throw away comment that another large US contract might be closer that we would normally expect.

[sidam] 24/1/2023 20:23

Yump you asked in an earlier post, if anyone had made guesses of the future. I can’t find my original numbers but this my recollection and ties in a bit with Cenkos. I did sell my original holding because I thought it could go bust because of COVID. But I bought back rather blindly when the skies were reopening.

So here goes. The company was about break even. My guess was that it could generate about 10p of Eps on sales of about £50. Now if you were to look at Cenkos and look at the increases in sales and assume another order like the latest one, it could be assumed that £50 revenues and EPS ( taxed) could be reached. Originally I thought a PER between 15 and 20 could be reached with a price target of 150 - 200 based on a PEG of 0.75 to 1. Just my recollection but I hope it makes sense.

[waterloo01] 24/1/2023 14:58

What is the current cash position an issue here? I assume the early sell off was concerns of a raising

[yump] 24/1/2023 12:58

Very nice - so profit not that far away - certainly compared to many fledgling businesses involved in carbon reduction.

A bit early to say, but if profits are heavily geared to volume, as with many manufacturers, may be much further to go. Probably depends on how much customisation is involved.

They’ve just got on with it over the years, no fuss, no constant tweets etc

[timbo003] 24/1/2023 10:51

Cenkos have now issued a new broker forecast which is available here:



lookin' good

[husbod] 24/1/2023 10:17

Possibly one of the most positive RNSs I've seen from any of the companies in which I have a holding.Seems to be in a niche sector with a product that will be essential for the aviation industry's attempts to be vaguely carbon neutral.I look forward to the company justifying its optimism and there seems to be no obvious reason why it shouldn't.Onwards and upwards.

[doodle1] 24/1/2023 09:56

Be good to hear what comes out of the Investor Presentation at 10am

[yump] 24/1/2023 09:37

Still only a handful of posters ! Mind you this is mainly a trader’s site. Meanwhile there are clearly investors around.

Thought I’d just check what they said in the GKN announcement in case I got it wrong:

“The investment required to deliver the Agreement will come from Velocity's existing resources…R21;

“Work on the facility is at an advanced stage,”

[yump] 24/1/2023 08:55

And its British from up North as well ! Burnley. Isn’t that where Bank of Dave is located - reality and the film ?

[yump] 24/1/2023 07:57

Looks like more to come from US - they’ve scaled up Alabama in advance.

Previously, they said that Alabama was almost complete and had been accomplished using existing resources, so it may be that the business bursts into profit next year, especially if they end up supplying more than the GKN contract from there. ie. From a relatively fixed overhead cost.

Most manufacturing businesses need scale to cover their fixed factory costs.