Venture Life Share Discussion Threads

[jayminpatel1] 03/11/2020 12:39

be back to around 70p area soonSo be careful here Be carefulQS99 likes to advise others to be careful so I thought I'd do the same Be careful buying here

[qs99] 03/11/2020 09:58

probs

So let's hope a decent RNS before Xmas as will put a squeeze on IMO

[basem1] 03/11/2020 09:57

Not a lot of stock around Had to go to NT

[qs99] 03/11/2020 09:54

been a few days now, where they have dropped the bid, then moved to blue......let's see if we end up blue again today

[qs99] 30/10/2020 14:55

hi Riv and agreed. Personally I wouldn't be surprised to see a trading ahead RNS, but that is me guessing based on previous RNSs and forecasts etc. Let's see, but below a quid I'm quietly adding.

Good weekend

QS99

[rivaldo] 30/10/2020 14:52

Yep, nice bounce this afternoon.

Last year saw an acquisition and a trading update on 19th December. It wouldn't surprise me to see something similar in the next month or two before the year end.

Hand sanitiser sales must have continued nicely since H1 - in my experience it's now being used everywhere I go.

Kelo-Cote production will also have commenced this half, with "significant orders" in hand.

So "with a strong order book for H2 2020" VLG should be in a good position to continue trading very nicelt indeed.

[qs99] 30/10/2020 14:29

cleared for lift off?

[qs99] 30/10/2020 08:51

hope this marks start of re-trace to a quid and above....reckon trading update can't be too far off IMO and update on the mouth wash COVID test in next few weeks....DYOR

[qs99] 29/10/2020 12:21

Have topped up again below a quid.....DYOR but as we approach y/e I'm hoping to see a bullish trading update. DYOR

[qs99] 29/10/2020 11:15

Reckon 2-3 weeks more to wait based on original start August and 12 week timeframe DYOR

[qs99] 29/10/2020 11:14

that would be nice FB! Yes can't be too far off given original timeframes....DYOR

[farnesbarnes] 28/10/2020 21:07

Its about time for that clinical report claiming gargling with Dentyl will kill 99.9% of all Covid 19 germs in the throat isn't it?

[basem1] 28/10/2020 16:09

Bought half mine back at 94 Powder dry for the other half layer this week. About 3% from the market bottom I reckon.

[qs99] 28/10/2020 15:52

Providing more of a top up opportunity. Not sure when though given markets, but I would like to think that VLG is still making plenty of "hay"....DYOR

[qs99] 22/10/2020 15:24

would be nice to think the seller has cleared.

Decent update and a squeeze would be ace!

[whatja] 22/10/2020 14:45

Volumes seem good to me.....but mostly buys....MMs have done good business

[rivaldo] 22/10/2020 13:51

Lovely move up on relatively small volumes, which does indeed indicate that any seller has now been cleared out. Upwards and onwards :o))

[whatja] 22/10/2020 12:45

The last month has seen the second largest SH sell approx 30% of their holding. Reducing from 9.5% to 6.5%.

This has put 2.5m through the market and has been absorbed without denting the share price
Hopefully the large seller is taking some profits rather than taking a bearish position, in which case the ability of the market to soak up the selling is a huge positive and bodes well for when the seller has sold enough.

The consensus seems to be around 130p, these targets will move up as the share price heads towards 125p.
I think we can expect some upward movement to 110-115 in the rest of this year. It will need a positive trading update to get higher from there.

[qs99] 22/10/2020 11:55

Personally with a December year end, I think we will get a TU when they can't keep the numbers down enough! That's guesswork, but based on RNSs this year....so DYOR and GLA!

[discodave45] 22/10/2020 11:50

New intraday 52w high......FB could be spot on (I hope!).

[qs99] 22/10/2020 11:12

agreed
am locked and ready

[farnesbarnes] 19/10/2020 20:30

Price action looks ripe to take off again. Whilst long term rising support is currently at 89p, there's a new shorter term steeper rising support line at 97p. This could act as a catalyst for an accelerating upward trend.

115-120 could come in quick fashion.

[rivaldo] 19/10/2020 10:24

Following their appointment as joint broker in July, N+1 Singer have today initiated their coverage on VLG.

They have a 129p fair value target, and say VLG is an "exciting growth play" with COVID-19 upside on top due to the mouthwash applications.

They conclude:

"In addition, forecasts in our 3-year time horizon could prove too conservative and we can foresee scenarios with significant upside risk. In our bull case scenario, which includes some additional organic growth, higher levels of drop through, and some M&A using existing resource, the EV/EBITDA multiple at 129p could drop to c5x by FY22."

[qs99] 16/10/2020 13:04

Must IMO have visibility soon through to y/e?