Victoria Share Discussion Threads

[arthur_lame_stocks] 26/6/2024 23:44

Yes JHDs margins are excellent but they make vinyl flooring (oil based) and mostly sell into large projects in the UK which probably keeps distribution and admin costs down.

You'll have to form your own opinion on whether the green lobby are going to put the kybosh on them.

[bda3490] 26/6/2024 19:28

Arthur
Re your post

As many times as I've said it, how big are net profit margins typically on flooring manufacturing? Maybe 5%.

Actually according to JHD

19-20% after tax at

[shiftytherat] 24/6/2024 16:43

Geoff, who used the word "terrorism"? I didn't see that. Quite a lot of the anti-money laundering legislation references "terrorism" though, so perhaps that's why it came up.

Ps. Maynard Paton's article is excellent.

[dudishes] 20/6/2024 23:24

Zero comes to mind?

[dudishes] 20/6/2024 23:21

My first short was at 323p, at 188 I still think sticky wicket?

[arthur_lame_stocks] 20/6/2024 23:14

Interesting article rhomboid and it seems to support my view that if the accounts are not actually fraudulent they're bloody hard to understand.

I only really bother taking notice of the overall net profit and just hope that's sort of true.

As many times as I've said it, how big are net profit margins typically on flooring manufacturing? Maybe 5%.

The shares are worthless, even Koch might not get such a bargain when this goes pop.

[rhomboid] 20/6/2024 16:53

hxxpS://maynardpaton.com/2024/05/17/sharepad-small-cap-spotlight-report-victoria/

[rhomboid] 20/6/2024 16:52

rotrader have you read this?

hxxps://maynardpaton.com/2024/05/17/sharepad-small-cap-spotlight-report-victoria/

[arthur_lame_stocks] 20/6/2024 14:05

rotrader

Please be careful how much you invest here, the FT probably wouldn't be publishing negative articles about Victoria if they weren't confident they were unlikely to get sued.

[rotrader] 20/6/2024 13:43

Just listened to the presentation on IMC , very informative and positive for the future.Time to max out my SIPP and ISA

[smackeraim] 20/6/2024 10:39

Could end up being quite a squeeze here. The book is surprisingly clean after roughly 60 grand of buying available., then it jumps significantly to over 2. It's not been like this for a while now

[smackeraim] 20/6/2024 10:28

Thanks Bb. I might add another bit if these levels begin to bounce. Be interesting to see what noise is from BoE on interest rates moving forward later

[black boulder] 19/6/2024 11:14

Grant Thornton has given Victoria a clean, unqualified audit report for 2024 and, amazingly, has reversed the qualification in their 2023 audit report. They have specifically stated that they are now satisfied that there was never any financial misconduct at Hanover, all monies due to Victoria were received, no money is unaccounted for.

So all the shorter-driven hoopla in these chat rooms and in the mainstream media claiming financial misconduct at Hanover (a subsidiary of less than 1.25% of Victoria’s group revenue) has now been debunked.

Scandal sells newspapers and various mainstream media publications, notably The Times and The Financial Times, milked the story for all it was worth printing scandalous articles about Victoria on the front pages of their business sections with sensational headlines, using words like “fraud” and even “terrorismR21;, with catastrophic consequences for Victoria shareholders.

It will be interesting to see if the editors of those publications have the moral fortitude to print an equally sensational apology on the front pages of their business sections now that it is categorically clear that the story was all complete nonsense.

[arthur_lame_stocks] 19/6/2024 10:50

I can't see the banks extending them much more credit and I'm not sure their markets are going to recover enough by the time they need to refinance the first of their bonds. Private Equity surely won't be interested either.

I reckon the only hope for shareholders to recover anything from this car crash is a rights issue, but even then where's the value?

[dfvuk] 19/6/2024 09:00

Considering a range of options which could include a combination of equity, bank, public and private financing arrangements.

[smackeraim] 19/6/2024 08:33

1.2 billion revenue and sat at sub 200m cap. Inflation coming inline etc, still watching before committing much to it but..?.. who knows

[sahina123] 19/6/2024 08:31

All bad news in the price already so will bounce over £2.50

[smackeraim] 19/6/2024 08:06

was kinda all said in trading update. maybe bad news out of the way? still watching

[hatfullofsky] 19/6/2024 07:43

Hard to see the positives here

Victoria PLC Reports Challenging Year, Outlines Restructuring Plans



#marketshare #vcp

[johnv] 18/6/2024 08:49

Year end results out tomorrow, yet one director bought shares on 2 days in May. Is this not within the closed period for directors dealing?

[sahina123] 17/6/2024 22:37

https://uk.finance.yahoo.com/news/exploring-victoria-two-more-undervalued-070704807.html

[lawson27] 14/6/2024 14:59

Rising off small @175, GLA

[sahina123] 06/6/2024 10:58

17k v buy and 7 k sell and still price drag down.