Venture Life Share Discussion Threads

[hastings] 20/2/2023 07:09

Indeed, Samarkand sounding somewhat more positive and upbeat on prospects in China, which should prove to be beneficial for VLG moving forwards.

[rimau1] 20/2/2023 07:07

Interesting comments from SMK, our distribution partner in China this morning on e-commerce : “During the pandemic Chinese households accumulated savings which had resulted in a 42% increase in family bank balances since the start of 2020. This increase amounts to USUSD 4.8 trillion, a sum which is larger than the Gross Domestic Product of the United Kingdom.eCommerce Acceleration

This area of the business, where we operate as the China market development partner for prestigious international brands, has been the most impacted by the disruption in China. With COVID restrictions being removed, the mid-term outlook has strongly improved for this part of the business. Most of our existing partner brands are planning for strong China growth in the coming year and we have added several new premium beauty brands to our platform”.

[celeritas] 17/2/2023 15:41

Own brands are currently as of Jan are circa 57% which is up from 53% already from last year, Earol (ENT) will increase this further.. You have to bear in mind own brands were 28% in 2017 vs customer brands of 72%.. They have come a long way.. There's still plenty of movement before any capex for further expansion.. That's currently sitting at 54% capacity, I'd expect they'll add to capacity as we approach 80% which will cost circa £4m for another 26m units of production..

[1jat] 17/2/2023 13:58

I doubt we will see a dividend for some time…..priorities are to grow the revenues profitably by investing in the current brands and buying value adding brands while keeping debt under control.

Repeat until you have a business large enough for a much bigger fish to buy you out……(a

[celeritas] 15/2/2023 16:04

This is a great interview, straight to the point with no hesitation..

[brucie5] 15/2/2023 14:33

Thanks Celeritas. Most reassuring.

[celeritas] 15/2/2023 10:18

No bother, it's a great watch/listen...
I've watched vlg for a while and like the fact the company is easily scalable at no cost for another 30m units and only £4m capex for an extra 56m units... Utilisation is currently only 54%.. One for a long term hold I believe..

[rivaldo] 15/2/2023 09:57

Cheers Celeritas, will watch later.

More new recent highs - hopefully now a push up to the late '21 chart point of 60p+.

[brucie5] 09/2/2023 12:27

Hope so. I've just doubled up this morning. It certainly seems to have the wind in its sails and I imagine it will attract a few chartists.

[pedigree_scum] 09/2/2023 12:21

Can see this heading back up steadily towards £1 if they continue to deliver and confidence is restored. Was in Specsavers who offer Earol as their ear spray product so looks like they are adding quality products.

[thedudie] 09/2/2023 09:05

Nice to see and hear Gerry relatively relaxed and confident about things. This is so much easier to pull off when things are going well.

I look forward to the next set of numbers and update. There is clearly "risk to the upside" here!

[qs99] 09/2/2023 07:08

great thanks EE

[eagle eye] 08/2/2023 16:02

QS99,
Here is the link to yesterday's Cenkos event.
VLG starts at 2hr 23mins and runs for about 15 mins.
Happy watching!

[qs99] 08/2/2023 15:50

Indeed, nice moves. What was the Cenkos presentation please? Just normal insti rounds?

I'm intrigued to see how China re-opening leads (or not) to some upside in volumes for various VLG products.....

DYOR

[eagle eye] 08/2/2023 10:35

The shares are in demand this morning, 245K by 10.30am is good going for VLG.
Gerry Randall's Cenkos presentation yesterday has probably created some interest.
The chart looks well primed for breakout at 43-44p.

[stemis] 01/2/2023 15:31

I don't mind people mentioning other shares as long as they don't spam the board or post huge posts on the subject

[qs99] 01/2/2023 15:23

while I have BG online, why not beg a question Rimau1?! And at least I apologise and hardly ever do it either! tbf to me

cheers
Qs99

[rimau1] 01/2/2023 12:51

Lets say 5.06 then Rivaldo! I think the China reopening tail win will help 2023 kick on. I think this will be in ST’s bargain portfolio 2023

[rivaldo] 01/2/2023 10:17

N+1 Singer have retained their 72p target price and 4.1p forecast adjusted EPS for 2023, whereas Cenkos forecast 6.02p adjusted diluted EPS for 2023.

The two forecasts are always some way apart for some reason, presumably because of differing treatments for amortisation.

Whatever the case, VLG now looks very good value on either measure!

[rimau1] 31/1/2023 18:11

QS99 - you apologise a lot for “off topic” rampy stock plugs, just sayin.

[brummy_git] 31/1/2023 17:52

No, I don't follow DX closely enough

[brucie5] 31/1/2023 17:09

Thanks, Brummmie - seems reasonable to me.

[qs99] 31/1/2023 16:49

Brummy G: can't remember if I have asked but do you follow DX.?

Looks a prime p/e target given growing cash pile, v. low EV/EBITDA rating and decent RNS this am!

DYOR and cheers and apologies for board for "off topic"
CHeers
QS99