Victoria Share Discussion Threads

[umitw] 28/11/2017 11:34

The gap on the chart is closed !

[1boston] 28/11/2017 11:19

Interims out this morning. Cantor Fitzgerald summarises as “solid H1 performance leaves Victoria on track. BUY”

[vswatkins] 27/11/2017 18:46

Yes, out tomorrow - Tuesday 28th November

[wingspan] 27/11/2017 17:10

Interims in next few days?

[wingspan] 20/11/2017 15:43

Camden Trust

[bouleversee] 20/11/2017 12:36

I see BGF and Canaccord have reduced their holdings a bit. Profit taking, presumably. It hasn't stopped the price rising, anyway.
Anyone know the name of Wilding's holding company?

[wingspan] 20/11/2017 11:36

Berenberg updated note this morning: 950P price target

[wingspan] 17/11/2017 07:57

Time will tell...personally, looking to the results next year to sum it up and steer my thinking.

[topvest] 16/11/2017 21:30

As Paul Scott said today. Amazing story. Almost seems too good to be true. Why hasn't anyone else done what he has? I'm sceptical now. Just seems to have done too much too soon for my liking. Call me cautious. I still think his original deal to get a shedload of shares was a tad greedy. Time will tell as to whether this will really stay good or be a pack of cards. Watching with interest, but won't be buying.

[umitw] 16/11/2017 09:21

How far the share price is going to go up?I have been watching this since 350p..!

[martinthebrave] 16/11/2017 08:13

Yes topvest, to do an acquisition of this scale needed new cash & it looks like a great "earnings accretive" acquisition this morning at a PE of C:9x. A Placing done at just 1% below close share price Improves the Balance sheet & gives scope for further acquisitions in the future. Well done Geoff Wilding! Topped up at the bell 824p.

[wingspan] 16/11/2017 07:51

Topvest...you nailed it...acquisition through placing...£180 mln

[wingspan] 09/11/2017 16:18

Perhaps because GW does not view the share price as high enough on a fundamental basis...

[topvest] 25/10/2017 18:39

If you say so. I think they should be keeping gearing down ready for the next recession, but call me cautious if you like! I drive past Victoria Carpets at least once a week and it's amazing to think the market cap for a nearly finished carpet company is now approaching £1bn.
Quite impressive indeed, but the share price is high so why not issue some shares rather than take the net tangible assets negative?

[martinthebrave] 25/10/2017 12:38

topvest: XLM is a Cash machine. OPC is stunning & even FCF is consistently 6p-10p ahead of Normalised EPS. Net Debt is stated as less than 2 x EBITDA after the acquisition. Debt is certainly not "ballooning".

[bouleversee] 25/10/2017 10:01

topvest -

"Debt is ballooning". Their RNS suggests otherwise.

What a pity I had to take mine out of my ISA when they went on AIM and wasn't able to put them back before they shot up. I now have a huge potentially taxable gain. Just hope they don't get taken over before I pop my clogs. About the only share I hold which is doing well at the moment. A bit too good to be true.

[topvest] 24/10/2017 19:08

Just an observation, but I would think they should be issuing some shares for these acquisitions. Debt is ballooning.

[wantage] 24/10/2017 14:45

Virtually impossible to buy. Being offered at 460p for 2k shares.this ones set to run and run

[slopsjon2] 24/10/2017 08:45

Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, is pleased to announce it has agreed to acquire Italian ceramic flooring manufacturer, Ceramiche Serra S.p.A. ("Serra") (the "Acquisition"), for cash consideration of up to €56.5 million (£50.4 million) (the "Total Consideration"), net of cash acquired as part of the Acquisition, to be funded from the Company's cash reserves and existing debt facilities.



€36.5 million (£32.6 million) of the Total Consideration is to be paid on completion, with the balance of €20.0 million (£17.8 million) (the "Contingent Consideration") to be paid over the next four years, subject to the business meeting annual targets in earnings before interest, tax, depreciation and amortisation ("EBITDA").



The Acquisition will be immediately and significantly earnings accretive on completion.

[wingspan] 12/10/2017 22:46

Sorry to hear that but you have acted stupidly with your posting of inappropriate news and info as well as duplicitously, I would have preferred you told us that you worked for Victoria and had been made redundant...would have gone some way in understanding the souring of your tone on here. Too late to ask if you are you the same person as Alemein...it’s just that you both drop your H’s on certain words and you read the same? Either way this board has had a fair old dose of sour grapes from the pair of you which (minorly) to my point (whether intended or not) reflects across all of the employee base. Between the both of you, you have been leaking info on this board that deserves gross dismissal and I would imagine “P Hartley, MD VCP” is fairly p:seed with Alemein given he posted his name and “chapter and verse” which turned out to be wrong anyway. It’s the duplicity I don’t like...talking like you are on an even keel but all along you have sour grapes and then finishing off by airing your laundry on here when you brought this on yourself. Sorry...but as both of you opine: all in my honest opinion.

[rotrader] 12/10/2017 21:36

I started this board as a shareholder in Victoria PLC. It as been my objective to try and give information - some good - some bad, to help other investors in this PLC.I was recently made redundant from Victoria Carpets Kidderminster , after 36 years, when they deemed it more profitable to manufacture the carpet elsewhere (see previous post's) I was investigated and threatened with instant dismissal for gross misconduct for my post's on this board.The PLC social media policeman (yes you) found my name from the Prostate Cancer Just Giving site then wasted everyone's time to pursue this dismissal .It's my honest opinion that things are looking a bit desperate with the PLC and when G Wilding decides it as run it's course, get out before him.This is my last post (in the south of France now) but will follow the board.Best of luck to all us PI's

[wwick] 30/9/2017 11:23

Why no broker updates?

[rotrader] 25/9/2017 10:40

All sounds good, but I still cannot understand this -

"G Tuft are to become a commercial partner and have purchased Tufting machinery from Victoria Carpets - makes you wonder why the group manufacturers couldn't produce it all.
Makes no sense to outsource it when Victoria PLC are such a large group"

In my own honest opinion , of course ;-)