Venture Life Share Discussion Threads

[qs99] 29/10/2021 08:45

Morning all

chugging along again nicely, chart IMO shows that c.70p was the range it stuck at until what looked like the start of the big boy selling...DYOR, but let's see if we can trend back towards that price, and wasn't ST in the IC punting it hard around then as well still?

DYOR and GLA
QS99

[davr0s] 28/10/2021 19:20

Yeah bought right at the very low at 42.5 (how did I do that?) and thrilled it's made a 3 day high

[thedudie] 28/10/2021 16:47

I think they need to show their strategy is again working and also sort out China - even if it means ditching the existing deal, that is if they can find an alternate.
If they can do those two things then recovery much higher than 60p is assured.

[qs99] 28/10/2021 15:43

Have bought a few this morning for the momentum shift now massive seller has cleared. Underlying story still needs to convince the market, but IMO this was over 60p after last RNS, so maybe it will trend back towards there?

DYOR

[nw99] 28/10/2021 14:40

Bought in size

[nw99] 28/10/2021 14:37

Overhang cleared

[thedudie] 28/10/2021 13:50

Looks like overhang cleared so have bought a few more - a few pence better timed than last weeks buy. With economies improving post covid I can't believe sales won't go up significantly. Worth more.

[sphere25] 28/10/2021 12:45

First interesting bit of activity here in a while. Looks like a possible clear out of sellers at 40.5p with volume approaching a very significant 8.5m at the moment.

Stream of buys following those large trades in.

A quick short term bounce candidate?

50p looks key for a more significant bounce. IF it gets that far i.e. all sellers have been cleared, and 50p breaks, the bounce could be alot bigger but one step at a time.

Too many iffy statements of late to make a call beyond the short term and the next trading updates.

All imo
DYOR
Not active of late, maybe more so in future.

[qs99] 28/10/2021 12:37

8m traded looks like IMO a big seller may have cleared. DYOR naturally, but think this may as a trading play, trend back towards the 55-60p mark. May even get ST in the IC punting it hard again...DYOR and GLA

[lammylover] 28/10/2021 12:17

I've bought at 42.99p this morning - hoping the big sellers are out and price stabilizes a bit!

[nw99] 28/10/2021 12:12

Looks a buy here

[qs99] 28/10/2021 08:31

Agreed on that Whatja, management credibility defo in the doldrums to put it politely....need a few in fill deals they promised and organic growth / progress to even begin to put things right. DYOR etc

[whatja] 26/10/2021 14:37

Mcap of £54m…..and they raised £35m almost a year ago….

If the new businesses turn out to be well organised and as profitable as stated this is bargain territory….until we have 18-24m of financial performance we will not know for sure.

Many will not invest more….but if you believe then you should double down or more…it is an act of faith at present…I am going to wait for atleast the FY numbers as I would rather pay 60-70p with some promise of solidity than pay 45p for hope.

[lammylover] 26/10/2021 14:18

You'd expect Management to buy some shares to show some faith in the business and give their own shares some financial support....

[paleje] 26/10/2021 13:07

Selling attracting more selling, it's on around PE:6 against Cenko's projection for 2022. Blackrock haven't helped but they're not always right and as rivaldo points out other institutions have been nibbling more.

Well management caused it and only they can put it right, sentiment being shot, but it seems way overdone on the numbers.

[rivaldo] 25/10/2021 07:09

Well, speaking of.....:o))

BlackRock have reduced to below 5%, so will be one of the guilty parties supplying stock to the market:

[rivaldo] 22/10/2021 11:01

Indeed. Hopefully this is the bottom.

Good to see Stonehage Fleming going above 5% with 6.29m shares. Pendal Group also went above 5% last month, and the last holding RNS prior to that was in April with Octopus Investments going above 3%.

So on the face of it there's been no (or certainly little) institutional selling - instead institutions appear to have been picking up stock from those scared off by the two non-core issues and the subsequent falling away of trust in management.

If management can demonstrate that the core business continues to do well, and the Dentyl China and sanitiser declines prove to be one-offs, then there could be substantial upside from here.

[red ninja] 11/10/2021 15:07

"the time to buy is when there's blood in the streets."

There is certainly a fair bit of investor blood in the street with VLG, some of it may even be from Stonehage Fleming.

[qs99] 11/10/2021 14:48

Very interesting 5% stake taken there...views?

[qs99] 07/10/2021 16:10

end of article says many have downplayed the benefits, but interesting none the less

DYOR

[red ninja] 07/10/2021 15:44

downing-strategic-micro-cap-investment-trust September factsheet :-

"Venture Life (-25.9%) was the standout disappointment in the month,
with management disclosing further margin headwinds despite only releasing a trading statement the prior month. As the business grows organically and with the additions of the recent acquisitions and a relatively fixed manufacturing overhead, margins and earnings should improve. "

[paleje] 24/9/2021 09:56

Buys are going in, red not the true picture.

[nw99] 24/9/2021 09:00

Looks good to buy here