Victoria Share Discussion Threads

[wendydc] 13/5/2016 23:06

I love these posts predicting a collapse in the share price. A 50% (or more) collapse was going to happen at £3, £7, £11, ..., just about every price point for the last 3 years. Yet Victoria's earnings keep increasing and the share price always (ALWAYS!) recovers to a new high. And it will happen again this time as the shares are now trading on only 12x FY16/17 earnings, and with net debt paid way down, another earnings-enhancing acquisition can't be far away! So I'm with the analysts: a £19 share price by Christmas

[dynamoo] 13/5/2016 16:12

8 pounds obviously.

[dynamoo] 13/5/2016 16:12

The slide to sub 10 has begun. See you all at 8p.

[nw99] 03/5/2016 20:21

Buyers here

[cfro] 27/4/2016 16:15

I wonder if todays fall is indicating a placing/acquisition?

[wendydc] 24/4/2016 12:50

Great article about Geoff Wilding and Victoria Plc, in April 2016's edition of Corporate Financier (pages 24-26).http://viewer.zmags.com/publication/09753926

[cfro] 21/4/2016 15:48

A snippet from the tip-sheet Small Company ShareWatch from a couple of months ago regarding what Wilding is looking for in acquisitions:


Wilding then adds that the common theme on all the deals to date is that they are not turnarounds. Any acquisition must have a competitive advantage in the form of either channels to market, distribution or products. The plants must be modern and well invested and have committed management, with most of the management locked in to stay for 3-5 years.

[wilk1] 19/4/2016 09:18

Ok, looks like £14 then, unless we get some buyers in today ?

[wendydc] 19/4/2016 08:42

I've never really 'got' you tea-leaf readers. However in any event you can't get away from the fact (as per the RNS 3 weeks ago) that Victoria upgraded its FY16 earnings to around £16.8m and paid its debt down from £81m to around £60m in the last 6 months. Oh, and it's forecast to make £25m in the current year. Before any more acquisitions. This is a £19-20 share.

[wilk1] 19/4/2016 07:41

We are on a support level now, I expect it to bounce. If not, certainly no lower than £14.

[from8to800] 19/4/2016 07:17

I strongly disagree.
Price volume action still looks very constructive, IMO.
Tight base formation, volume on up weeks. No big volume on down week. Support at the lowest volume in the base.
I doubt this goes below 14£ before it carries on higher.

free stock charts from uk.advfn.com

[dynamoo] 18/4/2016 19:04

This has now got 8 quid written all over it. Hit a solid round number at 16 and is falling, first stop the 50% retrace.

[wendydc] 16/4/2016 12:09

I wouldn't be so sure Lano was Victoria's first choice or even the only deal being negotiated. It was just the one we got to hear about because it was leaked to the Belgium press. I'm sure the show will go on!

[nfs] 15/4/2016 16:26

Isn't it the case that the company plan is to be big in all non USA markets so that it can be sold to the USA-warren buffet owns one of the larger carpet manufacturers Thus a deal breakdown with what is assumed to be the number 1 acquisition target in Europe puts a dent in the so far seamless buy and build plan?I added this morning

[rotrader] 15/4/2016 12:27

Minor glitch - The way it is going VCP will be able to damage the Belgium Carpet industry's dominance of the European market.
Get them in this years ISA ;)

[interceptor2] 15/4/2016 11:17

Surprised to see the price dip this morning after the RNS, thought it was rather reassuring that management are prepared to walk away if the terms are not as good as they demand.

Looking after shareholders interest imo.

Well done for those holders who managed to buy the early dip.

[wilk1] 15/4/2016 08:58

Logically thinking, buyers aplenty at £16.00 so shouldn't be too many sellers at £15.

[wilk1] 15/4/2016 08:56

Tried like hell to get 1000 at 1450 but had to settle for £14.72p Sold 100k Sxx to buy them at 16.625, will it be the right decision ? It is so far, but come 4 o clock ??

[nw99] 15/4/2016 08:40

That worked well buy the dips

[nw99] 15/4/2016 08:07

Added here

[nw99] 15/4/2016 08:04

Buying chance

[wendydc] 15/4/2016 07:57

Well done to Victoria for having the courage to walk away when they couldn't get the right deal. They are properly looking after their shareholders.

Don't forget either that the analysts are forecasting VCP will make £25m pre-tax this year. That means that even without Lano, VCP is trading on a PE of only 13x! That's not expensive.

And anyway it will only be a few weeks before Geoff finds another opportunity.

I'm hanging in.

[cfro] 14/4/2016 18:17

According to small co sharewatch Geoff Wildings ultimate aim is to sell-out to a large American company.

[interceptor2] 14/4/2016 15:50

Pleased you liked the list :o)

I had better to get back to VCP.

Noticed the RNS today.

"The Board of Victoria PLC (LSE: VCP) the international designers, manufacturers and distributors of innovative floorcoverings, is today beginning a two day capital markets event for investors and analysts in New York and Connecticut, hosted by Cantor Fitzgerald."

VCP revenue is mainly from the UK and about 35% from Australia, wonder why they are are promoting the company in the US? Will try and keep an eye on volume during and after the presentations, might create more demand.