Victoria Share Discussion Threads

[geraldton1] 07/8/2015 10:51

They paid the mid at close yesterday which seems fair enough. Interesting to see which institutions have bought in.

[cockneyrebel] 07/8/2015 10:34

whoever bought from him have paid over yesterday's closing bid.

CR

[rotrader] 07/8/2015 09:43

Looks like GW has taken out a bit of holiday cash :) - he deserves it.

[cockneyrebel] 07/8/2015 08:33

Cantor:

Victoria (BUY) – Another compelling acquisition
VCP LN (1,113p, TP 1,400p from 1,200p), Market Cap: £162.1m
(Corporate stock)

Quest Carpets looks like another impressive acquisition and will be significantly enhancing to earnings based on an acquisition price of 4.9x historic EBITDA. FY2017 forecasts have been raised by over 20%. Furthermore, the share price will continue to be driven by the opportunity to generate synergies from recent acquisitions and the potential for further earnings enhancing acquisitions. Our TP is raised to £14.

[geraldton1] 07/8/2015 07:08

Another astute acquisition from Geoff. Is immediately earnings enhancing.

[rotrader] 05/8/2015 14:04

Shanks
I would get in quick if I were you - tree shake is over

[cockneyrebel] 04/8/2015 11:10

If you're still researching Shanklin:

[cockneyrebel] 31/7/2015 10:57

Get that old spreadsheet out Shanks - remember they only had 3 months of Whitestone Weavers in the year gone too.

AIM and illiquid so you have to do your research and keep it sensible too.

All imo.

CR

[shanklin] 31/7/2015 10:38

CR, Looks like you have given me a task for the day

[cockneyrebel] 31/7/2015 10:02

Shanks - if VCP did nearly 20p eps in H1 last year and with the Abingdon acquisition alone they increase sales by 200%, and there are synergies and margins are increasing - think about what the actual eps might be - allowing for higher interest rate charges.

I read that article above and the reference to debt/assets. Do they not look like they will be making enough profit per annum to pretty much pay all their debt off in 3 years if they wanted to?

Suspect the current forward earnings forecasts are well below what's likely to be reported as with this year imo.

All imo

CR

[shanklin] 31/7/2015 09:54

No position here yet, but definitely interested. Please could somebody explain how this could be viewed as a GARP share.

Thank you.

[rotrader] 31/7/2015 09:14

Heard it all before from the doom merchant's.Carpet sales are increasing ie Carpetright and other retailers.The increased size of the group will benefit massively from this.I will be holding and looking forward to a good divi next year. GLA

[jimbobjames2002] 30/7/2015 08:11

Results out, any thoughts?

[jimbobjames2002] 25/7/2015 13:11

It's been a phenomenal ride with VCP, bought in pre special divi last year in April and seen a meteoric rise that I didn't expect. I know the acquisitions have helped grow the company but on value and quality metrics its starting to look stretched IMO.

Thinking I might sell at least some of my holding pre results to lessen risk. 'Leave some upside for the guy your selling to' as they say.

[castleford tiger] 24/7/2015 17:53

Should make at least 10 million from current business.

so you can value it at 15x.

think its further to run.

tiger

[rotrader] 24/7/2015 09:31

Flying - I hope the expectation is not to great !!!

[rotrader] 23/7/2015 09:45

United Carpets look to be doing well -
Also Carpetright are turning things round.
Looking good for Victoria if people are buying carpet again.

[someuwin] 21/7/2015 14:30

nice chart.

[rotrader] 17/7/2015 07:58

campbed
This was announced on the 10/07/15 - try and keep up