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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Venture Life Group Plc | VLG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 38.50 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 38.50 | 38.50 | 38.50 | 38.50 | 38.50 |
| Industry Sector |
|---|
| HEALTH CARE EQUIPMENT & SERVICES |
| Top Posts |
|---|
Posted at 26/11/2024 17:45 by camerongd53 Some suggest that VLG overpaid for the recent acquisition. My initial thought was that a full price was paid.I bought the shares because I thought it was a well managed company with good prospects. I expect the directors have done good due diligence regarding the acquisition. I am hopeful that the update which last year was on 1 Feb will give an update that the aquisition was a good buy. I anticipate no upward movment in the share price until the trading update |
Posted at 31/10/2024 09:40 by rivaldo Excellent new article on the new acquisition from the Oak Bloke:"Conclusion VLG don’t say how much below 1X adj.EBITDA/Debt they foresee being for the end of 2025. I consider only a 9% improvement to profit from 2024 to 2025 and only a 25% improvement to H&H profits is simply too pessimistic. Put it this way the 2 ex-owners of H&H I suspect won’t get their extra £2.5m if the business can only deliver £200k extra profit!!! Beyond that the simple observation I’d also make is that growth in key VLG brands is much higher than 9%, and the headwinds through overstocking which made 1H24 are not recurring. This is my profit model which includes 2025 (me - see the web link). I therefore am going to agree with the “double digits” revenue for H&H combined with just 10% revenue growth for the rest of VLG. Based on a 70/30 split (H&H adds a further chunk to the VLG brands lifting margin) and using a 45% average margin for VLG brands and 32% for Customer I get to a £28.8m GP. Lower interest rates and strong cash generation keeps interest payments below £2m and we therefore see a quadrupling of profit after tax in 2025. So H&H looks complementary to VLG’s buy and build approach. It will help usher in stronger profits in 2025, which on a £55m market cap suggests a P/E of 8.3X. Even a 15X valuation is undemanding - and that places VLG at £100m market cap, nearly double today. Is that perhaps why we saw 115k shares each bought by the Chair and NED today? Is that perhaps why Mark Slater continues to accumulate VLG too?" |
Posted at 30/10/2024 12:08 by qs99 Surprised BrummieGit hasn't posted?Thanks Riv for update. Think 68p TP will gradually be upgraded as VLG deliver DYOR |
Posted at 30/10/2024 08:27 by thedudie Seems a good acquisition with good growth potential.With new products coming through in the short term it looks like that acquisition will perform well in coming years, especially if utilising the existing VLG distribution channels to expand the sales and marketing footprint which looks a bit restricted currently. |
Posted at 30/10/2024 07:44 by rivaldo Looks like a high quality and decent-sized acquisition today, with good synergy with the core Balance Activ brand.Current £0.8m EBITDA run-rate shows considerable improvement over historic results affected by investment and which should in turn benefit VLG as that investment turns into sales. Cavendish have left their forecasts unchanged until January's trading update, so remain at 4.6p EPS this year rising to 6.1p EPS next year, with a 68p target price: |
Posted at 07/10/2024 14:02 by 1jat Jerry and Dan know the business very well.In other news Reckitt CEO says he wants only power brands in his portfolio which suggests there could be some meaningful divestments….I wonder if any will fall to VLG which is very much a small fish in this large pond. |
Posted at 03/10/2024 09:04 by rivaldo Interesting update from the Oak Bloke with a forthright conclusion:"Conclusion At a forecast 2025 P/E of 11 and forecast 4X P/FCF and comparing it to peers on a 20X P/E basis (or higher) it’s easy to see how VLG can get to a valuation of 75p+. But that’s just with the current trajectory. Given their success with acquiring and then integrating Earol, Gelclair and earlier acquisitions both in terms of growing revenue, improving margin and internalising production a further acquisition could ratchet this up further and faster - due to VLG’s proven capability to deliver synergy. Meanwhile the harrumphing about a “slashed&rdquo |
Posted at 01/10/2024 12:04 by chester9 Yes you were right. Maybe Slater knows someone wants to buy VLG. Results were uninspiring so what do they know? |
Posted at 30/9/2024 09:59 by 1jat Flat sales have been known about since the trading update a few weeks ago. I expect it was due to the deterioration of cash conversion from EBITDA.Inflation implies a drop of several % in many lines, esp the non VLG branded sales. they have said there is some unwinding of stocks built as trading buffers to protect against the covid inducted supply chain disruptions. As said above H2 has to be as strong as promised. However dont forget the senior management have 1m shares each under option so they are truly inventised. |
Posted at 29/7/2024 12:15 by celeritas I do think vlg are on borrowed time. They have built up a number of brands now, collected them together for a larger suiter who will take vlg's products and push them into many more markets much quicker than vlg. APH for one, vlg already manufacture a number of products for them never even mind bigger outfits.The scope is vast and I'm sure bigger co's will see that. |
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