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VLG Venture Life Group Plc

42.50
-0.50 (-1.16%)
01 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Venture Life Group Plc LSE:VLG London Ordinary Share GB00BFPM8908 ORD 0.3P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.50 -1.16% 42.50 209,053 15:55:27
Bid Price Offer Price High Price Low Price Open Price
42.00 43.00 43.00 42.00 43.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Retail Stores, Nec 51.41M 921k 0.0072 59.03 54.63M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:55:27 O 3 42.00 GBX

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Date Time Title Posts
31/10/202409:40Venture Life Group plc1,977
20/3/202422:22ValueGrowth Investing35,074
02/4/201509:58Venture Life Group - Intro video-

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Posted at 03/11/2024 08:20 by Venture Life Daily Update
Venture Life Group Plc is listed in the Misc Retail Stores, Nec sector of the London Stock Exchange with ticker VLG. The last closing price for Venture Life was 43p.
Venture Life currently has 127,052,312 shares in issue. The market capitalisation of Venture Life is £53,997,233.
Venture Life has a price to earnings ratio (PE ratio) of 59.03.
This morning VLG shares opened at 43p
Posted at 31/10/2024 09:40 by rivaldo
Excellent new article on the new acquisition from the Oak Bloke:



"Conclusion

VLG don’t say how much below 1X adj.EBITDA/Debt they foresee being for the end of 2025. I consider only a 9% improvement to profit from 2024 to 2025 and only a 25% improvement to H&H profits is simply too pessimistic. Put it this way the 2 ex-owners of H&H I suspect won’t get their extra £2.5m if the business can only deliver £200k extra profit!!!

Beyond that the simple observation I’d also make is that growth in key VLG brands is much higher than 9%, and the headwinds through overstocking which made 1H24 are not recurring.

This is my profit model which includes 2025 (me - see the web link).

I therefore am going to agree with the “double digits” revenue for H&H combined with just 10% revenue growth for the rest of VLG.

Based on a 70/30 split (H&H adds a further chunk to the VLG brands lifting margin) and using a 45% average margin for VLG brands and 32% for Customer I get to a £28.8m GP. Lower interest rates and strong cash generation keeps interest payments below £2m and we therefore see a quadrupling of profit after tax in 2025.

So H&H looks complementary to VLG’s buy and build approach. It will help usher in stronger profits in 2025, which on a £55m market cap suggests a P/E of 8.3X. Even a 15X valuation is undemanding - and that places VLG at £100m market cap, nearly double today.

Is that perhaps why we saw 115k shares each bought by the Chair and NED today? Is that perhaps why Mark Slater continues to accumulate VLG too?"
Posted at 30/10/2024 12:08 by qs99
Surprised BrummieGit hasn't posted?

Thanks Riv for update. Think 68p TP will gradually be upgraded as VLG deliver DYOR
Posted at 30/10/2024 07:44 by rivaldo
Looks like a high quality and decent-sized acquisition today, with good synergy with the core Balance Activ brand.

Current £0.8m EBITDA run-rate shows considerable improvement over historic results affected by investment and which should in turn benefit VLG as that investment turns into sales.

Cavendish have left their forecasts unchanged until January's trading update, so remain at 4.6p EPS this year rising to 6.1p EPS next year, with a 68p target price:
Posted at 03/10/2024 09:04 by rivaldo
Interesting update from the Oak Bloke with a forthright conclusion:



"Conclusion

At a forecast 2025 P/E of 11 and forecast 4X P/FCF and comparing it to peers on a 20X P/E basis (or higher) it’s easy to see how VLG can get to a valuation of 75p+.

But that’s just with the current trajectory. Given their success with acquiring and then integrating Earol, Gelclair and earlier acquisitions both in terms of growing revenue, improving margin and internalising production a further acquisition could ratchet this up further and faster - due to VLG’s proven capability to deliver synergy.

Meanwhile the harrumphing about a “slashed” forecast EPS doesn’t make sense nor does it stand up to accounting scrutiny. There is no evidence of management doing anything untoward in how they present their numbers vs how the broker reports them. Don’t let an inaccurate calculation in a broker note put you off what could be an interesting holding."
Posted at 30/9/2024 10:12 by paleje
ST this morning




...Given order book coverage and the second-half weighting, chief executive Jerry Randall is confident of hitting house broker Cavendish’s full-year cash profit estimate of £11.7mn on revenue of £52.5mn. Although the revenue estimate is shy of the broker's previous estimate (£55mn), the improvement in margin and cost control means that cash profit is broadly in line. On this basis, expect 61 per cent growth in adjusted pre-tax profit to £2.9mn and full-year earnings per share of 4.6p.

The other point worth noting is the group’s free cash flow (FCF) generation. FCF of £4.3mn exceeded cash profit of £3.6mn and helped slash net debt from £13.7mn to £10.5mn. Analysts pencil in year-end net debt of £9mn, representing a comfortable 0.8 times their full-year cash profit estimate. Lowering debt not only reduces finance costs, but means more of the economic interest in the entity passes from debt holders to shareholders, a natural catalyst for a re-rating as the 20 per cent share price rise since the annual results highlights (‘Profit growth and lower debt: a lot to like about Venture Life’, 9 April 2024).

Trading on enterprise valuation to cash profit multiples of 5.7 (2024) and 5.1 (2025), and forward price/earnings (PE) ratios of 9.7 and 7.3, respectively, potential for Venture Life to deliver 33 per cent earnings per share growth next year is still being under-rated. Buy.
Posted at 06/8/2024 07:16 by chester9
Promise of future growth. Customer brands down 6% with inflation the other way not good. VLG up 6% but will need to be up 17% 2nd half to meet 55m expectations.. Good to see margin continue to improve and positive net debt story continues..I would expect a modest drop in share price until hinted at strategic investment comes through, maybe before interims.
Posted at 29/7/2024 12:15 by celeritas
I do think vlg are on borrowed time. They have built up a number of brands now, collected them together for a larger suiter who will take vlg's products and push them into many more markets much quicker than vlg. APH for one, vlg already manufacture a number of products for them never even mind bigger outfits.
The scope is vast and I'm sure bigger co's will see that.
Posted at 17/7/2024 08:23 by camerongd53
The price rise in recent months has been good and I believe the share price will continue to rise in the medium term.
trading update last year was at the end of July (31st). Half yearly results wwere announced towards the end of September. If the news from these is good, it could make the price rise to continue for the next few months.
Posted at 24/6/2024 13:26 by celeritas
Is VLG finally starting to be recognised.. I'm amazed the recent deal with Jaguar didn't bring us up to this share price sooner.. Great products with so many markets to go at never mind the private label products. Boots No7 is a huge brand and one I think will do very nicely for VLG.
Posted at 21/6/2024 10:23 by eagle eye
Share price breakout 44p/45p
Yes there is not a lot of stock about at the moment. I've been buying most days this week and frequently there has been no online quote on the offer but sell as many as you like above the bid.
Lots under the bonnet that isn't reflected in the derisory prospective PER.
Debt being repaid at a fast rate of knots, so plenty of share price upside IMHO.
Venture Life share price data is direct from the London Stock Exchange

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