Venture Life Share Discussion Threads

[essentialinvestor] 09/3/2017 15:33

15,000 DLG as of this morning.
It would be unusual if markets stay becalmed while oil trends lower,
markets lower unless the crude fall abates imv.

Small amount of SL. at 337.34.

[apad] 09/3/2017 15:06

RDSB down 8% YTD, red - tempted yet?
One for the graphs I reckon - too easy to move too soon.

I am fretting about WEIR's weakness at the moment. The changes at the top are nagging away at me.

AMS showing some strength at long last.
FY next Tuesday.

Been playing with my Google Worksheets for my portfolio and my cash flow data.
Great displacement activity and a very pretty and informative display has emerged.

apad

[apad] 09/3/2017 11:47

PVG's 90% gain YTD is still dominating individual competition performance (assuming none of the other 4 are failing) although it is back a little from recent highs.

Competition average is up 12% YTD, cf 2% for the FTSE100.

apad

[essentialinvestor] 09/3/2017 11:14

red, thanks you, much appreciated.


Sold 15% of my HSTN just in case we are heading for a plunge here.

[redartbmud] 09/3/2017 11:09

EI
Looking at numbers need to nip out to sort out problem for relative.
Interesting stats, not sure that I have digested them fully yet, will post later.

red

[apad] 09/3/2017 11:06

Agree about the slides, red - not so sure about forecasts into the second half of 2017 though:-)

GBP/USD: 1.22 -4.0%(from near high)
compensates somewhat for oil stock prices in £s.

apad

[hannahh] 09/3/2017 11:03

If you would like to hear management present the preliminary results for the year ended 31 December 2016 for Venture Life we will be hosting a webinar on Thursday 23rd March at 3.45pm. The presentation will last approximately 30 mins and there will then be an opportunity for Q&A.

To join please register at: hxxps://attendee.gotowebinar.com/register/9219782512545188354

If you would like to submit any questions for management ahead of the meeting please send them to [e-mail]

Kind regards,
The Equity Development Team

[essentialinvestor] 09/3/2017 10:51

RPC is a case of whether they can integrate recent acquisitions
successfully, it's a massive expansion of the Group over the past
couple of years, internal controls and processes better be as tight as a drum.

[essentialinvestor] 09/3/2017 10:49

Yes oil on the slide again, think the extreme lack of volatility may be
over.

Another micro buy in BRSN, may be best to stay clear.

[redartbmud] 09/3/2017 10:47

APAD

I couldn't simultaneously read the slides and listen to the webcast.
You can now access the slides on the company website.
Results and Presentations
2016 Full Results Presentation.
PDF
29 Pages.

At the last AGM Anderson gave out copies of his presentation that included a comparison with other competitors in the industrial sector:
YOY Organic Growth, YOY Operating Margin, PBT change, EPS change
Source - Numis
Very informative.

red

[apad] 09/3/2017 10:46

Also, I would have asked if WM were displacing any of their other products.

Crude Index is down 8.7% from near high. RDSB now a much more resilient business, also big oil moves to more established trends, perhaps I should say established opinions. Anyway, who cares when the divi comes in dollars!

apad

[qs99] 09/3/2017 10:42

great appointment IMO...$1bn turnover CFO joining a £22m market cap business says a lot IMO...DYOR

[redartbmud] 09/3/2017 10:33

Oil price collapsing. When will I get my wish to top up RDSB?

red

[redartbmud] 09/3/2017 10:31

APAD

I agree with your summary.
Did you pick up the comment by Anderson that Watson-Marlow was displacing competition with it's peristaltic pumps and that had been a big driver of growth. It continues to do so. Once they have switched the maintenance and spares business kicks in.
They tried to massage the Direct/Distributor model comment.
If I can re-run the webcast, I would like to make reference notes on that and the Q&A section.

Shattered from last night. In bed around 1.00am following big band gig. Brain seizure.

red

[apad] 09/3/2017 10:12

Thanks for the link to SPX presentation, red.
It added solidity to my view on the company.
Not sure how the Direct plus Distributor model can be anything but competing rather than complementary.
I wish I could invest in Watson-Marlow directly and sell the rest :-)
Presenters nicely free from management speak and honest.
apad

[redartbmud] 09/3/2017 08:56

Working on RPC

Rights issue 1:4 @665p in Feb '17.

Listening to Spx webcast.
Surprised at share price reaction downwards.

red

[essentialinvestor] 09/3/2017 08:46

LMAO!!, no lamotregine in my case, far more subtle effect.

Tempted to add a little more BRSN.

Trying to make my way through the DLG cc, however it is so dominated by
Ogden, heavy going.

Many people are imv getting caught up in the minutiae, my rudimentary
take is this- higher motor premiums will increase shopping around and
should(famous last word) benefit DLG as a result.

Investors overly focussed on the challenges, however this is sector wide,
not company specific, it creates opportunity for the strongest.

[redartbmud] 09/3/2017 08:38

Reliable source?

red

[essentialinvestor] 09/3/2017 08:33

Lithium used as a mood stabiliser in pharmacology ).

[redartbmud] 09/3/2017 08:29

My Dignity is rising but my mineral content is further depleted Kazaster!
Is my equilibrium returning?
Don't know which way to turn.

Bipolar from Birmingham.

red

[redartbmud] 09/3/2017 08:14

SPX

There is a link to Analyst call today if you have the time.

hxxp://edge.media-server.com/m/p/42epghr9 at 8.45am

red

[apad] 09/3/2017 08:06

SPX
Generally coping well with a tough (perhaps stagnant) market, but significant help from currency during the second half (probably likely to continue in 2017)
Watson-Marlow, as usual (blessed acquisition), performed extremely well and is the dray horse of the company.
Hiter integration seems to be turning into a smaller drag.
India joint venture now gone - there's a story there - and an independent subsidiary set up.
Countries and markets are broad based. Management seem to be doing their job well.
Cash has been used for acquisitions this year:
Investing Cash Flow (£m) (96.4) (14.7)
so FreeCashFlowYield per share is less than half of last year.
Nevertheless, room for a decent divi increase.
apad

[redartbmud] 09/3/2017 07:58

RDSB

Good move to sell Canadian oil sands business. It raises headline $7.25bn cash as part of it's business plan. Oil sands are expensive to operate and in a continuing low oil price environment it makes perfect sense.
Not sure how they get to the full cash bit though:
The consideration to Shell from Canadian Natural is approximately $8.5 billion (C$11.1 billion), comprised of $5.4 billion in cash plus around 98 million Canadian Natural shares currently valued at $3.1 billion.
Less $1.25bn paid to Marathon Oil.
Still a little finger in the pie, but much reduced exposure.

red

[redartbmud] 09/3/2017 07:47

SPX

What a business.

Nicholas Anderson, Chief Executive, commenting on the results said:

"I am very pleased with the results delivered in 2016, which again demonstrate the robustness of our strategy and strong direct sales business model. We achieved good organic growth and expanded our margin to a record high, against a backdrop of very low global industrial production growth that improved in the latter part of the year. We increased investment in 2016 and, during 2017, will prioritise accelerating revenue and capital investments for growth over further margin expansion, to ensure we continue outperforming our markets by delivering organic sales growth. Assuming no significant deterioration in trading conditions, the Board expects to make further progress in 2017."

Keep going Nick!

[essentialinvestor] 08/3/2017 21:22

Remember you saying.

On GAW I allowed by dislike of the Chairman to cloud my judgement on company potential,
always easy in the rear view mirror.