Venn Life Sciences Share Discussion Threads

[singer8] 12/1/2016 11:50

have you told everyone about your long list of failures hatey ?????????????????

[cocker] 12/1/2016 11:26

Double I hope Ghosto

[ghostofahangman] 12/1/2016 08:38

Bought in a year ago, where could this be in a couple of years ?

[cocker] 12/1/2016 08:34

Had a nibble small 10k @ 25.3,was my buy & not sell as showing on advf trades

[sharetips6] 12/1/2016 07:59

2016 NAP was VENN

[cocker] 12/1/2016 07:55

Was hoping for a bit of a fall before buying some. All about timing & daddy got this one wrong

[mulligut] 12/1/2016 07:53

There is definitely reason to assume that a price target of the mid 30's is within reach after a positive trading update and now this contract win. Built on a very solid foundation.

[rivaldo] 12/1/2016 07:39

Great stuff - a big €3.4m contract win.

The contract sizes are getting much bigger, and it's a vote of confidence from the existing customer too.

[curlly] 12/1/2016 07:31

The good news keep coming

[kemche] 12/1/2016 07:14

:) It gets better. Great start to 2016.

[cheshire man] 11/1/2016 11:59

Indeed kemche :-)

[kemche] 11/1/2016 11:05

All very encouraging.

[woodcutter] 11/1/2016 10:57

thx Riv

already broken thro' downtrend resistance and above the cloud this morning. I'd expect the resistance level to become support now for any pull back.

woody

[rivaldo] 11/1/2016 09:08

Good to see you here Woodcutter.

FYI Beaufort Securities have summarised as follows this morning:

"Venn Life Sciences (VENN.L, 23.0p) - Speculative Buy

On Friday, Venn Life Sciences (Venn) released a trading update for the year ended 31st December 2015. The company expects revenue for the full year to be at least twice as much compared to last year (2014: €4.9m). Cash at the end of period stood at €3.4m. In a separate announcement, Venn informed that David Evans, Non-Executive Chairman, resigned from the board, in line with his personal commitment to reduce his number of non-executive chairman roles currently undertaken.

Our view: In 2015, Venn experienced a sharp jump in revenue, led by some major contracts won during the period. Moreover, the addition of drug development and service capabilities has enhanced the company’s service offerings. Furthermore, Venn is seeking acquisition opportunities in Central and Eastern Europe in wake of huge opportunities in the region at minimal costs. Venn is well funded with sufficient cash to expand its international coverage. Overall, the company is well placed, with a strong balance sheet and enhanced contract base, to maintain its growth momentum in 2016. Therefore, we maintain our Speculative Buy rating on the stock. "

[woodcutter] 10/1/2016 13:37

thx playful

some numbers from the last annual report

H1 2014
revenue €1512K
admin costs €2469K

H2 2014
revenue €4883K
admin costs €6650K

H2 2014 six month period
revenue €3371K
admin costs €4181K

revenue growth H1 to H2 123%
admin cost growth H1 to H2 69%

H1 2015
revenue €4259K
admin costs €4476K

revenue growth from 2015 H1 to 2014 H2 26%
admin cost growth from 2015 H1 to 2014 H2 7%

Looks to me like the operational gearing is well placed for further growth. I can see very little need to increase admin, it appears there's sufficient support structure for much further growth in revenue.

aimho woody


free stock charts from uk.advfn.com

[playful] 08/1/2016 17:50

Welcome Woody!

[woodcutter] 08/1/2016 17:31

Bought a few today towards the end of the session. looks to have significant potential imv. Today announcement seems pretty positive and the free cashflow mentioned can only add to the comfort factor.

i sincerely hope the thread isn't going to descend into the moronic drivel that we are becoming more and more used to having to read.

woody

[singer8] 08/1/2016 16:03

yet another top quality posts by you today sharetips6 some of your very best well done mate
i see you have 2 more followers on twitter LOL
i hope you know who they are LOL
1310 to catch up with Tops

[singer8] 08/1/2016 15:55

another top quality posts by you today sharetips6 some of your very best well done mate
i see you have 2 more followers on twitter LOL
i hope you know who they are LOL
1310 to catch up with Tops

[singer8] 08/1/2016 15:45

only 1310 to catch up with Tops LOL

[singer8] 08/1/2016 15:44

some quality posts by you today sharetips6 some of your very best well done mate
i see you have 2 more followers on twitter LOL
i hope you know who they are LOL