I like the FTC story and chart for anyone banking any short term profits here |
That’s a fair comment ,,, labour will kill virtually everything to do with construction … Milliband needs locking up imho |
Net loss of £108 m last year. £25 m savings targeted for this year. Interest rates rising again stifling the housing market. This company will run out of money before it sees better times. Don't push your luck on this horse. |
So i have decided to bank some profits short term
Profits banked £286,000 in 1 month thanks VCP |
Attempt 3 to go north of 150p and beautifully falling at 2pm which gives us a good chance as ever ! |
We have a few new holders today judging by my inbox
Welcome all
For awareness this one has tended to do well after 2pm too ! |
£12m already delivered
£20m more expected by April (takes us to £32m this year )
The balance between April and March 26 (to take us to £80m) |
Yes we know that part 💪 |
VCP has never had any earnings except a couple of million quid at the height of the coronavirus bonanza. |
"The combined measures were projected to add about £32m to 2026 financial year earnings, with cumulative savings exceeding £80m by 2027." |
The 80m saving is cumulative. |
The 80m saving is cumulative. |
ta John. I tend to avoid EPS, but your point is a valid one. Broker note would be ideal.
FCF Yld would also be useful to know, paying down that debt pile is a core focus for market
GLA and DYOR |
Well on 23.5p earnings (that’s before the £80mn extra now communicated) as of April 1st this was about to be on a forward PE of just 6 (in April )
So how much earnings does that extra £80m equate to? Because concensus earnings in the RNS was £144m so is concensus earnings now £224m?
Need to see broker notes or anyone any good at working out EPS . Not my forte ! |
As a company comparison ,, look at James Halstead ( JHD) .. they are in the same market ,, but the capitalisations are very different ,, |
Fair Points John, so what equity value would you pay now for c.24p earnings in 2 years before that RNS so they could be higher....any views on what they are now please?
Not wholly sure we will see any market recovery other than possibly in the USA post Trump DYOR |
Scars i think resistance is closer to 165p last time i looked |
In auction again |
Its interesting that those receiving the tip for the first time at the weekend wont be aware that since the tip was written (the week before its publication) the company has updated the market
New buyers here should be aware that the company has since removed £12m from the cost base with another £20m before April therefore upgrading earnings by £32m in the year about to start in April and upgrading year commencing 1st April 2026 earnings by £80m
So the 16.3 pence in the year about to start and 23.5 pence one year out are now wildly inaccurate ! |
150 to sell booming and could hit that 160 resistance by close of play!!! |
It may be in auction at 147p perhaps |
It’s looking like 147 wont be an issue . 165p next i make it 🤷a94;️
I think the usual volume were tentative this morning because it was tipped and didnt want to get spiked or involved in that traffic ! So im hopeful normal upward super service will be resumed shortly ! |
into auction again... |
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hot Features
Premium
