Vesuvius Share Discussion Threads

[dudishes] 15/12/2023 02:28

Maybe to follow?

[dudishes] 15/12/2023 01:44

But I'm out.

cheers

[dudishes] 15/12/2023 01:40

WD Waldron, through the roof since!

cheers

[philanderer] 15/12/2023 00:14

HH, yes a good day. .. 500p is the number to break I reckon.

[hopeful holder] 14/12/2023 18:41

Thats a very nice rise today and I'm in blue territory. Any thoughts on where the next resistance line might be. Thanks all

[waldron] 09/12/2023 18:41

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

With a P/E ratio at 10.42 for the current year and 9.46 for next year, earnings multiples are highly attractive compared with competitors.

With regards to fundamentals, the enterprise value to sales ratio is at 0.75 for the current period. Therefore, the company is undervalued.

The company appears to be poorly valued given its net asset value.

The company is one of the best yield companies with high dividend expectations.

Analysts covering this company mostly recommend stock overweighting or purchase.

Predictions on business development from analysts polled by Standard & Poor's are tight.

This results from either a good visibility into core activities or accurate earnings releases.


Historically, the company has been releasing figures that are above expectations.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.

The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.

[waldron] 09/12/2023 18:37

Business Summary

Vesuvius plc is engaged in molten metal flow engineering and technology, principally serving the steel and foundry industries.

The Company's segments include Steel and Foundry. The Steel Division operates as three business lines, Steel Flow Control, Advanced Refractories and Steel Sensors & Probes.


The Steel Flow Control unit supplies the global steel industry with consumable ceramic products, systems, robotics, digital services and technical services.


Steel Advanced Refractories unit provides solutions to its customers, including specialist refractory materials, advanced installation technologies (including robots) and lasers.

Steel Sensors & Probes offers temperature sensors, oxygen, hydrogen and sublance probes, iron oxide and metal sampling for the steel, aluminum and foundry industrie

s. Foundry Division is developing new filtration, feeding, mold coating and molten metal treatment products to support the manufacture of lighter-weight, higher-performance metals and components.

Number of employees : 11,100

[dudishes] 09/12/2023 16:04

Further to go IMO.

412 and added.

[philanderer] 08/12/2023 10:12

JPMorgan cuts Vesuvius price target to 460 (470) pence - 'neutral'

[hopeful holder] 07/12/2023 14:03

The buybacks are certainly stopping the slide backwards at each rise. Once we clear 460 or so I will be much happier that we are looking at breakout.

[petewy] 05/12/2023 17:38

Thanks Dave

[davebowler] 05/12/2023 09:05

Vesuvius heats up the market with buyback, says Jefferies
Vesuvius (VSVS), a global leader in molten flow engineering, principally for the steel industry, has announced a £50m buyback plan, which Jefferies says will be positive for earnings and sentiment.

Analyst Andy Douglas reiterated his ‘buy’ recommendation and target price of 620p on the Citywire Elite Companies A-rated stock, which was trading at 444p on Monday.

The group will buy back £50m of shares over the next year, which Douglas said ‘was no surprise’ given it had been discussed previously but ‘we suspect it will have come a touch earlier than most will have expected’.

‘We welcome the announcement and see this as helpful for sentiment and the share price, and potentially for earnings,’ he said.

‘We do not expect consensus to change on the back of this announcement – we expect it will be done over time, when the street understands how quickly the shares can be bought back, and we have a better feel for the timing and price the group will be buying back the shares at,’ he said.

He added that on an annualised basis, the buyback could be ‘moderately earnings enhancing’ and he remained ‘positive on the group and its equity story, and this is part of our positive thesis’.

[philanderer] 04/12/2023 16:09

Nice move up from just below 400p.

[waldron] 04/12/2023 15:26

Cboe Europe 15:17:22 04/12/2023 GMT




Vesuvius plc




443.1 GBX +2.38%



Upcoming events on Vesuvius plc

28/02/2024 Q4 2023 Earnings Release (Projected)

[hopeful holder] 04/12/2023 14:36

BSVS has been bubbling away for quite a while and I think we will start to see a gradual climb / rerate and this buyback will just give it a good kickstart.It's certainly has momentum and hopefully this time it keeps going. We have some previous highs to gauge known potential .

[waldron] 04/12/2023 11:41

Cboe Europe 12:38:57 04/12/2023




Vesuvius plc




441.70 GBX +2.06%

[waldron] 24/11/2023 19:37

next resistance set at approx 454p

[dudishes] 22/11/2023 09:09

Cheers W.

Rare, but I did follow the share price (nifty 50) ramp, sorry guide.

As stated, not my area but accts strong, break through is the question.

cheers

[waldron] 21/11/2023 06:23

Difficult to guess where the share price is headed in my view

Needs to break thru the 423p Resistence to trend up

Seems to be stuck in a rut for the medium term

all the best

[waldron] 21/11/2023 06:18

Analysts' Consensus

Mean consensus
OUTPERFORM


Number of Analysts
11

Last Close Price
4.162GBP

Average target price
5.114GBP
Spread / Average Target
+22.86%

High Price Target
6.200GBP
Spread / Highest target
+48.97%

Low Price Target
3.850GBP
Spread / Lowest Target
-7.50%

[waldron] 21/11/2023 06:16

Vesuvius eyes margin improvement and hefty cash generation
November 16, 2023 at 11:14 am


(Alliance News) - Vesuvius PLC on Thursday said it aims to generate total free cash flow of at least GBP400 million in the coming three years to put towards dividends, buybacks and M&A activity.

The molten metal flow engineering firm, ahead of a capital markets day in London, said it is eyeing a revenue outperformance of at least 2% compared to the market. This will be "driven by market share gains and superior pricing", Vesuvius said.

It is aiming for a return on sales margin of at least 12.5% in 2026, helped by GBP30 million worth of cost cuts. It achieved a return on sales margin of 11.1% in 2022.

In addition, Vesuvius aims to generate at least GBP400 million worth of free cash flow between 2024 and 2026. This will go towards "dividends, acquisitions and share buybacks". In 2022, it achieved GBP123 million worth of free cash flow, but suffered a GBP300,000 outflow in 2021.

Vesuvius added: "The [capital markets day] will provide insights into the positive long-term growth trends in the steel and foundry markets, in particular the positive inflexion of the steel markets ex China to structural growth in the coming years, and how Vesuvius' strategy of technological differentiation enables outperformance of these markets.

On Tuesday, the company said it continued to perform "robustly" but noted a "gradual deterioration" in a key market.

The London-based firm said in its Foundry unit, it has seen a "general slowdown" outside of India in the four months to October 31. The firm's financial year runs to December 31.

"We have seen a gradual deterioration in most Foundry end markets outside of India, particularly in Northern Europe. Steel production levels outside of India have weakened relative to H1 in EMEA, South-East Asia and South America," Vesuvius said.

The unit provides foundry consumables services, aiming to reduce casting defects. It offers binders, lining systems and coatings.

Shares in the company traded 0.7% lower at 406.60 pence each in London on Thursday morning.

By Eric Cunha, Alliance News news editor

Comments and questions to [e-mail]

[waldron] 21/11/2023 06:12

Upcoming events on Vesuvius plc


28/02/2024 Q4 2023 Earnings Release (Projected)