Victoria Share Discussion Threads

[drk1] 18/10/2022 15:03

@bouleversee - the share price will not break out of this malaise until one of the shorts closes. Hopefully that will trigger panic and then we'll see significant upside as they all scramble to close - 4.93% is one hell of a lot of shares. ;-) Nothing is afoot, this is just what happens when a significant % of the stock is out on loan for shorting.

[rotrader] 18/10/2022 14:32

This is getting more interesting, don't think VCP are to worried about about the price at the moment while they keep buying.I believe something is is afoot

[castleford tiger] 18/10/2022 12:58

strong trading

[bouleversee] 18/10/2022 12:16

Why isn't the price going up more?

[thejollygreengiant] 18/10/2022 00:27

Anyone in any doubt about which way the company is going, just look into how many shares the Company have bought recently!

Also check and you will see the big investors have recently also bought shares aswel as the main man himself! Mr Wilding is pumping his own personal money into shares, if that’s not enough to encourage you I don’t know what is!

[thejollygreengiant] 18/10/2022 00:25

@blackboulder

Is the business doing enough to make you open your wallet… or shall I copy/paste some info for you?

BUY BUY BUY

[drk1] 17/10/2022 22:18

Black Boulder - really worth clicking on the link above from jtell & having a peek at the graph - the spike in the European gas price was just that..........a spike. Now, less than half that of the August peak. All bodes well for VCP. ;-)

[black boulder] 17/10/2022 21:41

The company posted a trading update this morning that confirms a half year trading result of more than £700m of Revenue and more than £100m of Ebitda, in line with market expectations for 2023, a fantastic result considering the economic challenges this year. The business has clearly found ways of dealing with the increase in gas prices.

[drk1] 17/10/2022 20:32

Well aware what a BB rating indicates Arthur and you for one should take heed of the latter part of the definition, bearing in mind the number of times you have questioned the company's ability to service its financial commitments. ;-)

[arthur_lame_stocks] 17/10/2022 19:02

This is what a BB- rating actually means.

"Speculative
BB' ratings indicate an elevated vulnerability to default risk, particularly in the event of adverse changes in business or economic conditions over time; however, business or financial flexibility exists that supports the servicing of financial commitments."

[jtell] 17/10/2022 18:34

@ drk1 Thanks for sharing the Fitch report. Also it is great to see that the main European gas price benchmark (Dutch TTF) has come down to less than half its peak of 8 weeks ago. This will no doubt help production costs and stabilise pricing.

[drk1] 17/10/2022 16:36

Posted this on the other board - the latest Fitch rating for VCP. All in all a very posiive cofirmation rating which should also serve to knock for six the various scare stories that surfaced to help fuel the recent short attack. Combine this with today's on-track trading statement and the fall in the wholesale energy price, then I'd say it all looks pretty sweet for VCP once the shorters have had their fill. ;-)

[smackeraim] 17/10/2022 08:54

Decent. All on track then

[thejollygreengiant] 14/10/2022 18:15

@blackBoulder

When are you putting in as much money of yours as you do text on here?

All your posts seem to be the same old story… makes me think, have you increased your position like other big shareholders?

THE BEST TIME TO BUY IS NOW - COPY/PASTE that onto your fridge door to remind you every morning!

[black boulder] 14/10/2022 16:11

Dear arthur_lame_stocks,

You make a good point, and it is maybe something that many shareholders do not understand. Every time Victoria buys back shares we all own a little bit more of the company.

Victoria has bought back around 1.7m shares in recent months, about 1.5% of the shares. That’s another 1.7m shares that are locked up and therefore not available for the shorters when they realise it’s time to buy their shares back. That has added around 0.3% to Spruce House’s holding over recent months, and is why a few weeks ago Spruce House’s holding went from 18.90% to 19.00%.

However, according to the TR-1 yesterday morning their holding went from 19.00% to 20.44% on Wednesday, so no that is not the reason. They bought 1.66m shares on Wednesday.

Of course if they are buying, someone else must be selling, or no trade would occur.

[arthur_lame_stocks] 14/10/2022 10:34

Are you sure Spruce House's holding hasn't simply increased because of the buybacks?

You seem to have missed an institution selling too.

[rotrader] 13/10/2022 16:22

Added a few more into my SIPP today , not quite as many as Spruce House purchased ;-) but a few less for the Vultures/shorters when they need to buy their shares back.Thanks for the post Black Boulder

[black boulder] 13/10/2022 10:09

I see from the TR1 notice that Spruce House have increased their shareholding from 19.00% to 20.44%, which means they bought 1.66m shares yesterday.

Spruce House’s Zach Sternberg is a director of Victoria, which means that the insiders are now starting to buy, in meaningful volumes.

Spruce House is a major long term shareholder, which means that this is another 1.66m shares locked up and therefore unavailable for the shorters to buy when they finally realise that they need to buy their shares back.

The official total short position is now 4.83%, but that is only shorters with positions of 0.5% or more. The real short position is more like 10% due to the many smaller short positions below the compulsory disclosure threshold.

A short squeeze is definitely coming, all it needs is a catalyst to to set it off, a positive results announcement or a decent acquisition.

[thejollygreengiant] 12/10/2022 22:28

Very eager to see what happens over the next few days with this. It’s been all over social media today with some very big influencers urging people to buy in as something big is happening!

I will be up and waiting at the minute the market opens!

[thejollygreengiant] 12/10/2022 16:48

GREAT DAY OF TRADING TODAY!!!

I have seen the hashtag #vcpshorrsqueeze is doing the rounds on twitter.

People are talking about it being the next GameStop!!!

Hold on tight.. HERE IT COMES!!!

[arthur_lame_stocks] 11/10/2022 20:54

ScS reported today and the historic results were acceptable if not great, but the interesting thing for me was the outlook. OK it's not carpets but I would think that the factors affecting performance are much the same as VCP.



"Current trading and outlook

Trading since the start of the new financial year has been subdued, with the challenges of high inflation impacting consumers' disposable income. As previously reported, the sector is seeing softening demand as consumers defer spend on big ticket discretionary purchases.

We are pleased with the strategic progress we have made to date which, coupled with the strength of the Group's balance sheet, places the business in a strong position to deal with the current headwinds. As a consequence, while we expect the coming months to be challenging, we are confident in the longer term growth prospects of the business."

[smackeraim] 06/10/2022 16:19

And again!

[smackeraim] 05/10/2022 14:38

buyers back

[rotrader] 04/10/2022 13:27

He personally never owned 50% of the shares