Venture Life Share Discussion Threads

[red ninja] 15/12/2021 15:43

Share price destruction maybe, the value has not changed...

[qs99] 15/12/2021 09:42

Amazing value destruction going on

needs 2022 with organic growth delivery, delivery on any new acquisitions, maybe a new Chairman, to rebuild shareholder value and trust with markets

DYOR

[qs99] 14/12/2021 14:29

Masurenguy that is an excellent post with FACTS

Management took city for a ride it seemed to bank c.£7m, China hyped up but produced sweet FA, and have only reinvested £105k back?

If I were those instis I would be voting against any pay awards and get them to buy a £1m load more to boost confidence.....won't happen but I'll post it anyway!

DYOR and all IMO

cheers
Qs99

[dundee cake] 14/12/2021 11:51

...and ironically the one exec who did not appear to trade or have any holdings in the company (the CFO) is the one who recently left the building! So has anything really changed behind the scenes?

[masurenguy] 14/12/2021 10:47

This is also an inevitable consequence of a management credibility issue. This time last year, three directors sold 8,173,343 shares @90p banking £7.35m. Today, with the Bid @28.31, those shares would be worth £2.31m. That's a £5m premium ! Since then the same 3 directors have collectively purchased just 300,000 shares @34.99p (earlier this month) at a cost of circa £105,000. That's hardly a massive vote of confidence when they could have made a much larger investment just using a fraction of their profit from last years sale. C'est la vie, mes investisseurs de détail !

[qs99] 14/12/2021 10:13

Small volumes, PI or are we facing another profit warning? DYOR

[taras73] 13/12/2021 21:44

The company was discussed at the Mello today and was absolutely trashed for the placing and directors taking the money out-old news but it’s not going to help to the share price momentum.,

[qs99] 13/12/2021 09:28

share price now cratering, is this final capitulation or ahead of Dec calendar year end is there another profit warning in the offing? THoughts ? DYOR

[brummy_git] 11/12/2021 06:05

Venture Life (starts 52:50) was mentioned positively here on yesterday's Vox "stock picking' video.

www.linkedin.com/posts/paul-hill-a5994116_stocks-to-follow-on-vox-markets-101221-activity-6875044390188982272-YiKA

[qs99] 04/12/2021 17:18

Agreed RN, not a great vote of confidence, but tbf, £35k each from a number of them isn't a bad start. More required IMO but delivery of expectations may be better!

DYOR

[red ninja] 04/12/2021 12:43

Given the senior management sold millions of shares in December 2020 open offer at 90p and just bought back 100,000 each at about 35p ie 61.2% less per share, I am feeling a little underwhelmed.

They are not exactly hungry for the shares are they.

It all smacks of the arranged management token share buying, but will probably encourage some buying on Monday.

Still if the brokers/tipsters are correct on this one it should hopefully shine in the results and slowly claw it's way up.

[sharw] 03/12/2021 18:39

rivaldo: "Some director share buying would help..."

They must have read that!

[rivaldo] 02/12/2021 10:55

Another poor statement to say the least! I do believe there's a solid core business here which more than justifies the current share price, but sentiment is shot. There could however still be good upside from here.

Hopefully the directors have done the sensible thing and set expectations to their lowest, whereas a half-decent December might signal the start of a consolidation and tuenaround. Some director share buying would help too (I really don't want to see any fresh share option issuance at these new lows)....there's no reason AFAICS why this should be a closed period unless a deal is about to be finalised.

I remain nicely in profit here from my lowball purchases and some topslicing, and will hold with faith that the core business is solid enough and (likely misplaced) belief that the directors would now want to salvage their reputations....

[farnesbarnes] 01/12/2021 19:41

Current VLG holders would do well to check out the quality work Jerry Randall did at Sinclair Pharma.

[farnesbarnes] 01/12/2021 19:33

Slater must be fuming.

Does Simon Thompson still cover VLG? It was because of his early 2020 write up I bought in. Director shenanigans at the placing why I sold.

Shyster directors.

[sid_b] 01/12/2021 15:34

Just received a response from VLG's IR team -
"Dear Sid

We are aware of this activity that has been on-going for some time now. Our existing partner addressed this issue when it arose in December 2020 and we supported it with legal letters rebutting these false claims. This sort of action (making false claims) is very common place in China, and can sometimes be the work of competitors.

We have plans to address the whole brand in China, which will also seek to readdress the authenticity claims of Dentyl in China.

Thanks you for your email but rest assured we are dealing with this.
"

[sid_b] 01/12/2021 15:09

It's baffling to note that there is a vicious online campaign going on in Chinese social media about the authenticity of the Dentyl brand. A simple search on Baidu (the Chinese equivalent of Google) about Dentyl brand review will reveal what's being discussed. It has attracted a lot of eye balls and created polarised opinions about Dentyl. Unfortunately, I can't see any formal rebuttal or an attempt to clear the air around the brand and its authenticity.
Hope VLG pays heed as their Chinese partner seems to be ineffective in countering the narrative.

[qs99] 01/12/2021 12:52

All depends on where market consensus comes in for this year, and where adjusted for next year is, without any Chinese sales hopefully included!!

If the management were confident, they would take some of the shares they trousered at 90p and reinvest at less than half the price they sold at.

Pretty poor all round I have to say, hopefully new Chairman and Instis are "tearing them new ones" as the saying goes....

DYOR and GLA

[74tom] 01/12/2021 08:37

Looking at the historical chart, the price had been in terminal decline before Covid. To all intents and purposes it appears that they used Covid as a pump to inflate the value of their paper and use it to make acquisitions.

Unsurprisingly, the $168m Chinese agreement doesn't appear to be worth the paper it's written on - I'd love to know what the minimum purchase agreement actually was - good luck to them if they try and enforce it... I'm staying well away, there was significant volume on the last drop from £1 to 70p and they'll all be down 50% inside 4 months.

[masurenguy] 01/12/2021 08:33

It just gets worse here and what confidence can anyone have in their forward projections when they underperformed their last ones by circa 10%. Glad that I exited over a year ago and subsequent director sales of over 8m shares @90p in December last year proved to be 'timely' and constituted further discouragement to re-enter here. Good luck to shareholders - you're going to need it !

Masurenguy 25 Mar '21 - 947: I was a holder here but sold out at circa 60p last year. I have monitored it since for a possible re-entry but so far have not been convinced. The equity raise @90p a few months ago saw Randall halve his stake and other directors to sell shares too. The current PER is circa 27, which I think is on the high side for an emerging business in this sector.

[qs99] 01/12/2021 08:19

agreed, I was probably too dismissive, but a minimum 12 month hold now with risk on the downside if management continue to underperform. let's see.

[thedudie] 01/12/2021 07:24

A bit of a mixed bag ...

A 6 month hand over period from the CFO doesn't sound like the normal dismissal especially as his successor is already with the business.

China is still not resolved but generally the order book on a like for like basis ahead of last year although that is probably not too much of an achievement considering last year.

This year is a write off but new product launches in 2022 suggests irrespective of China the business will improve.

[qs99] 01/12/2021 07:17

OK, I agree, management have been awful this last 12 months.....CFO booted it looks like IMO, were his forecasts suspect? And Chairman gone so blood on the carpet at the PLC level.

There are / is a good business in there, but reputations now need to be re-built and probably from a c.30p base....ouch......

GLA and DYOR as ever. Will hold my last few now for a 12 month turnaround and look out for any deals or COVID/mouthwash boosters along the way

Cheers
QS99

[qs99] 24/11/2021 11:39

looking v. sickly

[bagpuss67] 22/11/2021 11:15

What has happened here today?