I think youll find there are a few auctions this morning |
In Auction |
thanks John for the consensus numbers, I prefer EBITDA numbers
Market cap is c.£128m, but let's not delude ourselves about the c.£650m of debt mate please! Feet on floor etc.
With the c.£80m of savings by 2027 they are talking about, I reckon EBITDA should be North of £200m by then with a fair wind.
Going to be interesting to see whether Mr Market thinks an EV of c.£800m is "about right" for a business that may do <£100m EBITDA this year in subdued market or not.
Views team VCP?
Cheers
QS99 |
Victoria PLC provided an update on its trading and board changes for the year ending 30 March 2025. Despite subdued consumer demand, the company expects stronger trading in the second half, with earnings in line with market expectations. Management actions, including £12 million in fixed cost savings in the first half and £20 million more in FY2025, are expected to improve profitability. The total cost savings by FY2027 are expected to exceed £80 million. The company remains optimistic about medium-term revenue recovery and improved financial performance.
The board also announced the appointment of Joe Scribbins as a Non-Executive Director following the resignation of Blake Ressel. Scribbins, a Managing Director at Koch Equity Development LLC, brings operational expertise to support Victoria's earnings and cash flow optimisation. Scribbins holds a 10.96% stake in Victoria through an affiliate, Wood River LLC. |
If folks can keep an eye out for updates from Berenberg and Singer this morning id appreciate it
Would love to see updated profits forecasts for 25, 26 and 27 based on that £80m cost savings number !
Analysts concensus for operating profit prior to todays news are
2025 £31m
2026 £74m
2027 £85m
Remember the market cap is £128 m !!! |
The Joe Scribbens appointment news is not insignificant either ! |
Crikey ,, that’s put a £2 ticket on it |
500k in late reported trades, that pushed the price up yesterday. Which insti bought those ? |
Interesting to see the length and depth of the 4 pullbacks so far on the way up from 40p in December
Did we see the 5th pullback yesterday it was 18 pence in depth ! or does it have a day left to run? |
Would a mkt cap of £250 mill be unreasonable ?? That’s about £2.50/ share |
Closed at 113p +13.5p
We would have taken a 13.5% rise and further TR1 from Morgan Stanley at the start of the day !!
The move to 130p was a little ahead of schedule but it shows where it’s going. Maybe as early again tomorrow tbh
Still think 150p and 200p will come extremely fast here (like this month!) this cleared 100p with absolute ease |
Yes it's a strange feeling to be disappointed with a 13% rise and a 3 bagger |
Could still finish closer to the 130.... |
Transaction was 3rd Jan reported today. |
Note the transaction was completed today 7th Jan in Glasgow. They must have driven the price up to 1.30. If they paying 1.30 then this is going much much higher |
WOW - Morgan Stanley still building too alongside the Board |
It has done this before ,,, holding for £3 |
It’s all over the place today. The shoot up to £1.30 shows us where we are going and how fast it moves . Its of course a shame that it has largely unwound so far today |
mental short squeeze, looks to be over. I wonder if it closes down on the day |
Party over? |
They never released one on the way down |
It's a rule of thumb around 10% but LSE IMO would be in touch with the company to assess what is going on, if all feel like it is normal trading then maybe, I'm not sure, no RNS is required? DYOR |
Register for real-time alerts, custom portfolio, and market movers
Hot Features
Premium
