Venture Life Share Discussion Threads

[rimau1] 01/2/2024 08:07

We deserve a relief rally because i was very twitchy prior to this update!

[bagpuss67] 01/2/2024 07:51

Solid. Let's get over 40p for a start

[rimau1] 01/2/2024 07:45

Should be debt free FY24 and generating strong FCF. looking forward to results in April and to see how VLG see themselves evolving organically, room for a small bolt on or two.

[rivaldo] 01/2/2024 07:35

Finncap have reiterated their 68p target price and their forecasts of 5.4p EPS for last year, rising to 6.4p EPS this year.

Net debt is due to fall to a mere £5.3m at the end of this year (from £16.6m at the end of 2022).

Which puts VLG on a current year P/E of just 5.3.

[rivaldo] 01/2/2024 07:20

Excellent - a solid trading update in line with expectations, and with no hiccups whatsoever:

- cash coversion and net debt both improving nicely
- own brands revenues growing well organically and now 59% of total revenues
- margins up and benefit of price increases still to come
- and a strong, confident outlook:

"Benefiting from our robust growth, clear strategic priorities aimed at refining our operation, substantial generation of free cashflow and a strong balance sheet, we are now in a prime position to deliver strong shareholder returns"

Time for a re-rating.

[brummy_git] 01/2/2024 07:19

There's been an 'in line' trading update from consumer healthcare products firm Venture Life today.

All the details here.

[mjneish] 31/1/2024 17:24

I said it, it's the unexpected hanging paradox. :)

[chester9] 31/1/2024 16:55

They indicated January hope this is not bad news being held back. Maybe tomorrow but that's Feb

[deanowls] 31/1/2024 14:51

Maybe celeritas! But every schoolboy knows tomorrow never comes!

[mjneish] 30/1/2024 16:10

It's like the unexpected hanging paradox. It'll be on a day this week, but guaranteed to be a surprise.

[chester9] 30/1/2024 16:03

No one likes a Friday unless running for cover, hopefully next 2

[eagle eye] 30/1/2024 15:08

Venture Life have confirmed the trading update will be this week.
Not sure which day it will be as yet.

[chester9] 30/1/2024 13:54

Let's hope they are right

[mfhmfh] 30/1/2024 13:30

£280.5k buy?

Does someone know something before likely trading update tomorrow?

[eagle eye] 29/1/2024 15:42

I contacted VLG Friday asking about the trading update.
We are now blessed with a new investment relations person, Silvia Feng.
When I get an intelligible reply, I will post again.

[rivaldo] 29/1/2024 09:28

From Alliance Pharma's trading update today - hopefully a good sign for VLG's Kelo-Cote production:

"Continued strong consumer demand, particularly in China, drove significant recovery in Kelo-Cote franchise revenues in H2, leading to FY23 revenues of £63.2m, up 29% CER (FY22: £50.0m)"

[celeritas] 16/1/2024 13:49

End of Jan

[lammylover] 16/1/2024 11:06

Sorry posted on wrong board...not sure when TU is out, assume by end of Jan

[lammylover] 16/1/2024 11:05

Trade update on Thursday 18th Jan 24

[chester9] 16/1/2024 07:54

Yes in January but no published date. Happy to be updated.

[bagpuss67] 16/1/2024 07:38

Are we due a TU soon?

[parttime] 12/1/2024 17:34

It's felt like there's been a large seller in background for a while, hopefully this is a sign he's almost done or finished entirely.

[bagpuss67] 12/1/2024 16:01

Looking perky now.

[qs99] 12/1/2024 16:00

First bit of proper movement for a while, DYOR, but something looks "up" with this move on a Friday pm! DYOR