Venture Life Share Discussion Threads

[apad] 26/4/2018 08:23

Forecasts for BOO have been all over the place for a long time, janeann.
I wonder if forecasts and algos are independent? Unlikely, I suppose.
The amount of shares routinely traded was enormous - algo playground.

The presentation was absolutely immaculate - scaredy cat was purring.
No management hubris - careful expansion of the software interfaces was very impressive.

In terms of the many metrics by which one would measure an on-line company I would say that they reckon they are pretty much gold standard in the UK. Their aim is to develop their overseas operations to the same standard, but point out that this will be an incremental process.

It'll be interesting to see if the results completely wipe out the story that led to febrile trading from 200+ down to 150-.

Sweaty palms, but I am glad I stuck to my own view.

apad😊

[redartbmud] 25/4/2018 22:17

Ltg bit of a worry.
Must think about my own corporate action when I get back. Limited by lack of technology for the present

red

[big7ime] 25/4/2018 21:42

Gsbmba99 i wouldn't stand for that. The divis should be in your a/c latest couple of days after payt date. There's no reason for them to be delaying
I'd contact them again and make some noise, if other brokers are distributing in time then it's not the registrar that's at fault. May be worth contacting registrar to get the true story.

[janeann] 25/4/2018 20:36

Understand what you are saying but no idea of the answer. If enough folk want to short it then.....

and did you see the rns re Shore Capital today reaffirms its hold investment rating on Boohoo.com Plc (LON:BOO) and set its price target at 154p.

[apad] 25/4/2018 20:22

Interesting. Could I end up owning Lo-Q after all.

I've been trying to understand the dislocation between my view of BOO and the market behaviour over such a long time.

Does this make sense?

A story in the tintin world says that BOO will suffer a step function margin drop at the next results. The story is repeated ad infinitum.
This drives a lot of trading algos that create an artificial downtrend.
A couple of short traders wade in (2%) on the basis of the same story.
Results come out - no margin problem - and the short traders get severely burned.
Question. Will the story go away or will it rise again from the ashes?

Make any sense?

apad

[janeann] 25/4/2018 20:21

Thanks bamboo. Blackrock has recently reduced and the ex CEO (I think) is likely to have reduced his stake to set up his own non rival business. But at present I can sell a lot of shares with an online quote; a few days ago selling all but 100 was via limit bid. (if that's anything to go by.)

[bamboo2] 25/4/2018 18:58

janeann, ACSO looks like a reasonably high volume fall in the share price which I guess is down to II profit taking?

I'm interested as I have a healthy chart pattern tp of approx. 2600, and was waiting for a breakout to buy. Now I am looking at an unexpected dip, and trying to define the turn date using trendline apexes. There is a potential turn on the mid price based daily chart tomorrow. The last market price based chart has a turn showing for Monday 30 April.

[janeann] 25/4/2018 18:30

may be in a range apad, but feels like a dip to me, mainly cos I bought some back a pound too soon. But added some more and it seems to me at this price someone wants (lots of ) them.

[apad] 25/4/2018 18:10

Begrudging Barclays (FWIW):
"Investors have been understandably nervous ahead of Boohoo’s FY18 results, with lots of questions on the balance of growth and margin. We think these results to some degree reassure – FY18 is a bit better on margins and the FY19 guidance more than sanctions consensus with no change to outer year margin expectations. They aren’t totally free of anything to pick at: core Boohoo has slowed in P4 and they need to execute well on the PLT warehouse migration this year. But they are broadly positive.
Taking a step back, we think this set of numbers was never going to be enough to fully convince bears, who can push their case sideways. But they are a step on the road. We think the shares have been oversold and are Overweight. The shares trade on 38x CY19 EPS."

Not sure ACSO is in a dip yet, janeann. Trading in a range, perhaps.

apad

[janeann] 25/4/2018 17:37

LTG apad; worries me also , but worry stops one being complacent. And large acquisitions do go awry; look at rws. No idea re ltg whether it will turn out well, but I am quietly optimisitic. ACSO - you didn't like that and while the share price is in a dip I am very optimistic there, and I see a recent broker note with tp of 31. Also positive that the LTG placing was at such little discount esp given recent strength, so price not lowered artificial to allow places to snap a bargain. Waiting to see some holding rns's.

[apad] 25/4/2018 17:21

I like the mopping up of small niche providers acquisition model (e.g. PTSG) Hydrus.
It seems to me that the owners have limited options so the valuation can be good. Better still if the owners stay on in management roles,
But there is something seriously wrong with these companies swallowing large foreign companies. Hubris, I suppose.
Anyroadup, I'm OK now, thanks for the soothing words.

I expect to see BOO share price increase in the near term. Can't find any flaws.

apad😎

[gsbmba99] 25/4/2018 15:18

Big7ime - the BVXP dividend has not been posted to my account (Halifax in this case). I notified them yesterday. They say dividends aren't actionable until 10 days (business days?) after the payment date. Halifax are infuriating and it's never their fault. Dividends are a bit like bond payments in that non-payment or late payment has extremely undesirable consequences (default, reputation). So they typically get paid early, up to a week early. Halifax even admit this so the delays are wholly inexplicable. HL normally post day of payment by 11am. Halifax are far more variable. Sometimes date of payment and sometimes up to 2 weeks to discover that they've been paid money they owe to me. I have no idea why (understandable) and neither do they (disconcerting).

[hydrus] 25/4/2018 14:39

Not nuts at all, you know my view on acquisitions. Large ones are even worse. I held ANCR last year and then it embarked on a huge reverse takeover. I sold instantly. Look at the share price now, a total disaster. Same with PHD.Give me straightforward organic growth and I'll gladly pay up for it.

[apad] 25/4/2018 14:36

LTG with its 15m of revenue is going to spend 100m swallowing another company.

So, why am I always the one who thinks this is bananas as the share price increases on golden waves into sunlit uplands garlanded by rainbows?

I hereby predict that LTG will crash and burn.

Hold me to account, folks. Point out to me, when I am proven wrong, what a complete fopdoodle I am.

Do it over and over again, until I eventually learn to follow the dream.

apad

[big7ime] 25/4/2018 13:25

Ok thanks guys, will have to chase it

[madmix] 25/4/2018 12:37

Still waiting for mine with iWeb, Big7.

[lauders] 25/4/2018 12:37

Received mine too Big7ime (Selftrade).

Nice recovery from the dip at ZOO.

Just need momentum to continue now. Wish AMER would do an SDX. Oops.... sorry Apad!

[apad] 25/4/2018 12:31

Got mine, Big7 (IGG).
apad

[big7ime] 25/4/2018 12:29

Anybody else not received their BVXP divi yet?

[apad] 25/4/2018 12:25

Ta Hydrus, 😊

I expect ZOO to do well, it's just not for me at the moment - long and winding road - and the profit was too tempting for my current conviction on FARN.

I watched the BOO presentation and Q&A. Nothing new, but I can't find any flaws. Management delivering on warehousing, software, etc. without any slips!

Revenue up 97%
Employees 2,175 (1,301)
Revenue/Employee(£1k) 267 (226)
New Sheffield warehouse with Clipper Logistics (LON:CLG) devoted to Pretty Little Thing. Clever acceleration of warehousing.
CLG is an interesting story - looks worthy of more research.
Now promoting ‘4 Brand Model’, so tintins might get the message that it is not a ‘shop’
Customer retention has improved steadily over last 5 years - now pretty much gold standard.
The future is the overseas following the UK success.

apad😎

[toptrump1] 25/4/2018 11:58

Well done? The initial reaction maybe up but I would expect a significant slip on those results the shares are very expensive and there's absolutely no room for error
Growth slowing, margins being squeezed and more competition by the month I can't see it being a growth share from here.

[hydrus] 25/4/2018 11:52

Well done on BOO APAD - makes up for your poor timing on ZOO :)

[lancasterbomber] 25/4/2018 10:18

Good results form Warpaint W7L took opportunity to top up

[hottingup] 25/4/2018 08:49

Looks like a good time to buy shares in Modern Water (MWG) currently 8p, on what should be a strong recovery back to 30p+:


25 April 2018
Modern Water plc ("Modern Water" or "the Company")
AGM Statement

At today's Annual General Meeting of Modern Water Plc, the owner of leading technologies for water and wastewater treatment and for the monitoring of water quality, Alan Wilson, Non-Executive Chairman, will make the following statement:

"Modern Water has started 2018 strongly with Group revenue in the first-quarter 37% higher than in the same period last year. Both Divisions are performing well, with China the primary driver for the Monitoring Division and the Advance Works Contract for the Gibraltar waste-water treatment plant boosting the Membrane Division.

Gross profit in the first quarter was 40% higher than 2017 and Group overhead was 8% lower than the same period last year. The Group's cash position as of 20(th) of April 2018, stood at GBP343,000 and the finance facility ($600,000) secured on Modern Water Inc's receivables remained un-utilised.

Outlook

Management is confident that the strategic decision to terminate the contract of our sole Chinese distributor and pursue a multi-channel sales approach in one of our most important markets, was correct and first-quarter financial results clearly support that. We expect further progress in the remainder of 2018 and for the Monitoring Division is expected to return to EBITDA breakeven for the year.

In the Membrane Division, our principal process engineer is currently on site in India overseeing the final commissioning of our first full-scale All Membrane Brine Concentrator (AMBC). Two further paid-for trials with other industrial customers have been successful. We are also well-positioned in China and our first AMBC project is due to be commissioned shortly. With reference AMBC plants operational in both our key markets, we expect to see an acceleration of licence sales for this product during 2018.

The Gibraltar Advance Works Contract is progressing well and we remain committed to helping HM Government of Gibraltar to achieve its goal of completing the Waste Water Treatment Plant in 2020."