Venture Life Share Discussion Threads

[qs99] 12/1/2024 14:58

creeping up, last year trading update was end of Jan....DYOR

[celeritas] 11/1/2024 14:03

BioSyent has been shipping to wholesalers for about 6 weeks now, there's loads of new markets for Gelclair to go at, it's still in the foothills.

[bagpuss67] 11/1/2024 08:33

Topped up here.. Been following what I hope is smart money. Fingers crossed for a good TU and ongoing change of sentiment to small caps

[lammylover] 21/12/2023 17:16

Sphere - the problem with waiting for the update is the price will be marked up a load on the first day if results are half decent and you'll miss the opportunity..

Inflation already coming down (apart from Minimum Wage rise baked in for April), interest rates on debt should fall fast next Summer, global recovery in sales??

Products in self care section, which is mainly non discretionary spend.

There's never going to be a cheaper time to buy AIM stocks in my view. Loads of bargains to be had. The small PIs will eventually return, as bank / building societies rates start to drop and they are looking for better returns.....but by then the best bargains will be gone.

Just my thoughts for what they are worth..

[celeritas] 21/12/2023 15:10

Well, someone seems eager to get hold of them.. Slater being one of them bodes well..

[sphere25] 21/12/2023 12:18

More big blocks going through with a 1.5m and 2 lots of 675k.

After the upping of their stake from 16.03% to 17.07% on Tuesday, is that Slater adding more today?

There was a little burst in TIG too that correlates to this buying. I don't know if they have made their mind up about what happens in 2024 with this sort of buying. Maybe the time has come for them to start upping their equity exposure and next year will provide generous returns?

It looks like like at least three funds have been buying here and it has still barely moved from the recent low. That just shows how heavy the sellers are still sat weighing on these sorts of smaller cap shares.

So there is an expectation of £6.8m free cash flow for this financial year and £8.0m next year versus a market cap of £43m. They had net debt of £15.3m which is expected to fall to £11.3m at year end.

I am not here to get in too deep. That is for others to do, but I am watching in to see how things progress because the market could get behind this, especially if the likes of Slater are making some firm moves here.

If the buying continues and the chart makes bullish moves, I will jump on board. However, this company has form in cautionary updates too. Ideally want to see a trading update first. That provides some level of reassurance, even if for a period of two to three months.

It can be enough time for a substantial re-rating now, especially as the wider market is making more bullish moves, with a trickle down effect into the likes of VLG.

I'm sat here typing, and the post is just ballooning again, so I will try and keep this as short as possible.

If this level of buying continues, the market might not wait for the update and it pops higher, but if there are still bigger lines of shares to clear, it will sit here and the market will wait for that update in January. VLG have form in patchy updates so the market could wait for more reassurance.

I don't know the exact mechanics of how it moves, but I would prefer to see the trading update first.

Deliver the goods and this gets re-rated.

I suspect that will be the theme next year with the small caps.

All imo
DYOR

[parttime] 21/12/2023 11:57

At this rate our seller should be cleared out soon, those are some hefty trades for VLG.

[chester9] 21/12/2023 07:51

Venture life confirmed update will be in January as usual, normal at end of Jan. In VOX markets interview in September. Slater still topping up

[mfhmfh] 20/12/2023 21:36

Hopefully debt reduction will be on target.

[wooster4] 20/12/2023 20:45

I was expecting a December trading update as per past years.

[eagle eye] 20/12/2023 19:40

Not the most liquid of stocks so Slater must like it.
Just need a good Jan trading update and we should be off to the races.
Another year of strong cashflow and debt will hardly be an issue.
Happy days in 2024 IMHO.

[mfhmfh] 20/12/2023 17:27

Slater increasing

[thedudie] 28/11/2023 13:45

Good news but a bit tardy in the reporting though ..... bought on the 16th October.

[stemis] 28/11/2023 13:17

Looks like Close also increasing

[eagle eye] 23/11/2023 10:46

adorling,
Slater's stake isn't from an opening position.
Slater held 15.51% and this been increased to 16.03%, or +650K shares.
Please see link below.



Best wishes
Eagle Eye

[qs99] 23/11/2023 06:48

Well either way, looks like a material increase by him, whether he did the relevant RNS initially or not, decent vote of confidence ahead of what we think may be a TU DYOR

[sharw] 23/11/2023 01:08

Slater moved up to 15.2% on 9/12/20 following the placing (when 3 key directors dumped most of their shares @ 90p - remember that?) :



It is the resonsibility of the holder to enter previous holding on an RNS so it is a black mark to Slater on this occasion - not that this is ever enforced.

[eagle eye] 22/11/2023 20:43

Once the stock overhang is gone there is no excess stock on the supply side.
Venture Life is very illiquid, so for Slater to have added is a big vote of support.
Once a few buyers appear, market makers must up the bid to fill their orders.
Early days here, but hopefully upwards and onwards in 2024.

[mfhmfh] 22/11/2023 19:38

Interview with Mark Slater:

hxxps://www.ii.co.uk/analysis-commentary/mark-slater-uk-growth-companies-are-now-value-shares-ii529927

[wooster4] 22/11/2023 17:36

don't see how they acquire 16% of the company and only budge the share price a couple of pence

[stemis] 22/11/2023 17:08

I don't think Slater came from nothing to this. In the 2021 accounts they had a declared holding of 19.6m shares (15.6%), which is the same as their web site shows as their holding at 30 September 2023. Strangely the 2022 accounts do not disclose significant shareholders. Looks like they've acquired 650,000 shares.

[chester9] 22/11/2023 16:50

Just started to look at VLG and had on watch list. Looks like I was right to buy a few. Misses Peg < .75, Roce ttm >12 but those were his dads rules.

[thedudie] 22/11/2023 16:37

Obviously sees good value here. As do I.

[adorling] 22/11/2023 16:26

That is an impressive opening stake Slater Investments (growth fund)has taken at 16% holding.