Victoria Share Discussion Threads

[geraldton1] 17/11/2014 14:47

Yep price target upped to 520p and 2014/5 PBT upgraded from £5.7m to £6.2m. For 2015/6 its been upgraded from PBT of £7m to £7.5m. After the good run I guess profit taking was inevitable but I have every faith Geoff Wilding will continue to deliver in spades here - its the only consolidator (in this space) in town.

[qs99] 17/11/2014 14:12

Just read on barclays that broker has upped TP so that is encouraging..IMO/DYOR etc

[qs99] 17/11/2014 10:30

Ok thanks d4v1db. I agree, this does look an interesting opportunity so will watch closely. If these are the last "exceptionals" as it were, then following the recent deal, this drop may provide a nice entry point.
cheers

[d4v1db] 17/11/2014 09:53

Hi QS99, I'm surprised at the drop today although suspect it will recover. The termination of the CFD and the special dividend both happened in July and were already priced into the share. Check out the chart back in July and you'll see when this happened as it cut the share price in half.

[qs99] 17/11/2014 09:38

well today's RNS answered my question! Need to investigate that contracts for difference payment / exceptional any views anyone? Market doesn't like so far, off 10%....views would be welcomed...!

[qs99] 16/11/2014 13:14

when is the next update please and in your view Castelford is it too late to take a small holding? thanks

[castleford tiger] 14/11/2014 18:13

425 now after a 60,000 buy today.

new note out by Cantor......leave me your e mail will send it. then come back and delete.
Target just shy of 500p current with a raft of savings to come.

With forecast EPS year to march 35.1p we must be well in the 40¬s year after.

debt stands at 22 million or 2.1 x EBITDA

Still a fair few earn outs but this will run on and on in my opinion.

Tiger

[rotrader] 23/10/2014 15:44

Radio 4 programme
Scroll about half way along time bar

[rotrader] 11/10/2014 10:26

Bit of a tree shake - They want your shares !!

[joemillion] 08/10/2014 17:11

Purchased a small amount at £2.22 just over a month ago. Very pleased with a 70% increase in 5 weeks or so (should of bought more)! Believe £4.50 would be a fair short term target with £7 to £8 achievable next year given the expected rise in profits. Stock is hard to come by and the fact no one is cashing in their profits just yet given the massive recent percentage rise speaks volumes... Good luck to all.

[geraldton1] 08/10/2014 14:08

Impressive to see this thing moving up on another down day in the markets. There doesn't appear to be much stock around. I can see this running through 400p with relative ease...

[alemein] 07/10/2014 13:21

Ref.Post 269
Share options of 746,000 to BGF
Issue of 100,000 new ordinary shares to Abingdon vendors?

Not exactly a placing but still dilutes holding by approx. 6%. Albeit in 3 years
time (or 2 other scenarios)

[castleford tiger] 01/10/2014 16:49

WELL you are up already.

This could make 40/50p a share from current companies.t/o circa 175/185 million.

I just love the quality of deals. No over paying.

We have just bought 75 million of t/o for under 8 million + up to 4.5 depending on EBIT and yet they have cash of 1 million and NAV of over 8 million.
Its making 2.4 million a year to boot as well.
Just add that to the balance sheet. Spent 8 million get 8 million. Earn over 2 a year.
So many little operations out there with serious added value.

I like this Guy !

tiger

[rotrader] 01/10/2014 10:57

Managed to buy another 3k yesterday through First Direct but only over the phone.
Like you say stock is hard to come by.

[leonmoon] 30/9/2014 22:30

500p short term target does look like a sensible valuation. I tried to buy some this afternoon but couldn't buy any decent volume, I guess that's a good thing! In case you've not seen it, here's a link to Aim Prospector's article on VCP

[castleford tiger] 30/9/2014 22:07

Ha ha. This is going to be a hell of a ride

[rotrader] 30/9/2014 19:31

Perhaps they will go that extra distance to buy them !!!

[castleford tiger] 30/9/2014 18:49

Furlong are the jewel.

tiger

[rotrader] 30/9/2014 18:43

I would be suprised at Brockways - not sure about Furlong, never heard of them.
News of Abingdon buy on Wales online -

[castleford tiger] 30/9/2014 17:52

I think further bolt on companies are coming.
People like FURLONG OR BROCKWAY.

This is not over and I am now revising my target to 500p short term (12 months) and 750p 24 months.
Things are moving fast and anyone jumping ship will wish they had stayed on board.

Tiger

Savings of 500k a year will be made as well.

Be interesting to know how long this deal has been on the cards as there are a fair few others still to take out.
See above for the odd suggestion.

Tiger

[rotrader] 30/9/2014 15:17

With those figures it does look cheap

[castleford tiger] 30/9/2014 15:11

They look to have paid NAV...........Looks cheap to me.

Tiger

[castleford tiger] 30/9/2014 14:55

That's it another stonking company bought.

tiger

[geraldton1] 30/9/2014 14:26

Castleford...you were a few minutes too soon! Have you seen the acquisition they have just announced? This must be massively earnings enhancing for them. Forecast for year to Mar 2015 is turnover of £85m/PBT of £4.7m and EPS of 31.8p. No shares being issued, and the enlarged group has turnover of £160m...with synergies etc there should be a long way for this to go. Anyone else have any thoughts?

[castleford tiger] 30/9/2014 13:54

BOOM ................Top blown off 300p .

Tiger

await news something is going on. update later.

Tiger