Share Name Share Symbol Market Type Share ISIN Share Description
Victrex Plc LSE:VCT London Ordinary Share GB0009292243 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  54.00 2.32% 2,380.00 2,368.00 2,372.00 2,386.00 2,322.00 2,360.00 540,300 16:35:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 294.0 104.7 107.2 22.2 2,058

Victrex Share Discussion Threads

Showing 401 to 425 of 600 messages
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older
The trust is in the process of restructuring it's portfolio, and in particular to sell down some of it's large legacy holdings, with re-investments being directed to later-stage, income-producing, growth companies. The managers announced in the May 31st report that they had seen interest in a number of portfolio companies. They do however point out that in some of the legacy holdings, interest is at a level below their carried valuation. In it's interim statement released yesterday, it was announced that the 4th largest holding in the portfolio (7% of NAV) had been sold at above book value. The Board is reviewing the possibility of an enhanced buy-back scheme which could enable shareholders to sell some of their shares and reinvest in new shares issued by the company. There has been a persistent buyer for the last couple of months, and the shares have made steady progress. If further sales of legacy holdings can be made at levels relatively close to the carried value, I think we could see a further re-rating.
Hi tiltonboy, thanks. Ortus VCT ORT 53% discount! Chart added to post 2 link in header. Any plans to narrow the discount or explosive growth hidden in the portfolio you can tell us about?
Excellent idea to start a thread. I have mentioned it elsewhere, but Ortus VCT has attractions, and would ask if you could add to the header.
AATG "Reduction in share capital and cancellation of capital redemption and share premium reserves" Not quite sure of the signifcance of this but they trade at a 22% discount!
How can you tell which VCT's are likely to offer a share buy back facility? I've read that most businesses fail in their first two years in the UK and only 35%last five years or more in the USA. How many VCT's should you have in your portfolio to counter this and make a profit?
Charts of VCT discussed so far: OXT OTT OAP# Octopus Apollo VCT's 1,2,3,4 NCC FTFC Crown Place VCT CRWN Kings Arms Yard KAY Albion Technology & General VCT PLC AATG Ortus VCT ORT See post 12 for more info. ILV1 Ingenious Live VCT 1 plc ILV2 Ingenious Live VCT 2 plc AAEV Albion Enterprise VCT plc PEQ Private Equity Investor plc FTV Foresight VCT PLC Downing Income VCT 4 DI4o Maven MAV4
On the 12 July 2012 of 136 VCT's 110 trade at a discount to their NAV and 26 seemingly trade at a premium.
To discuss VCT's Venture Capital Trusts especially those offering share buy backs, tender offers, redemptions and or liquidating. Click here for charts of VCT's mentioned so far.
A big spread does not help.
levi 2
I bought a few VCT in early Jan at 1125P not knowing a lot about them. They have been very strong since then but I am not clear why. I can't see anything newsy but 250p rise in less than 4 weeks looks significant. Not that I am complaining and I see they are still below record highs but anything going on? I bet the Yanks would love to buy it.Profit margins are massive GAN
Yes. I bought some for my SIPP during last month's mayhem.
yes. good luck
I just bought in again after selling at £15.00. is any one else actively following this great company?
Sorry it is three and a half years since the last post!
First posting on this blog for two and a half years. A great company, operating margins in excess of 30%, excellent returns on capital, cash generative. It has the hallmark of excellence yet no discernable interest from PI. Now if VCT were losing money and had only a single product under development which might come to market in a decade or so it would be a different matter. We would have postings galore!
CR Operational gearing on VCT is nearer 3:1 than unity. This is an excellent statement & should give us a good kick up in the next few dyas.
Well they say sales are up 22% - that means another £20m - so already on course to do £210m+ sales this year if therre were no sales growth in H2 ! Brokers are only forecasting £212m sales - looks like VCT are near 10% ahead of forecasts on the sales side, should mean way more than 10% ahead on profits forecasts if this keeps up, imo. CR
Breaking out here today - trading update Thurs: Level II looks a bit good free stock charts from
If trading is as strong as they say and margins as H2 last year (well above H1 an therefore above the vwhole year too) then they must be doing well imo. Trading update this Thurs. From Friday: 626 GMT [Dow Jones] Goldman Sachs starts coverage of Croda International (CRDA.LN) and Victrex (VCT.LN), at neutral and buy with 2000p and 1830p price targets respectively. Notes both companies produce specialized products and operate in niche, high-growth markets with barriers to entry. "This combination of strong structural positioning and earnings growth merits a premium valuation," says Goldman. Adds Victrex has the strongest industry positioning, highest returns and best profitability in the sector and offers 36% upside potential. Croda shares closed at 1678p Thursday, Victrex at 1350p.
Afternoon all, Victrex's AGM is tomorrow, have a look at this thread about attending meetings if you'd like: John
12:35 Broker upgrade
2 directors sell almost all their shares at 10.50, including in the ceo's charitable trust, yet then see a further 10%-11% added since the sale on June 6th 2010. Someone knows something they don't or is there a hostile bid coming?
Hi - have a look at LSE:BSV - they have done me very well over the years and they do not make announcements like this one of today unless they are serious "BRITISH SMALLER COMPANIES VCT PLC Potential Transaction The Directors would like to announce that one of the investments of British Smaller Companies VCT plc has received a number of indicative proposals to purchase a part of its share capital. Whilst there remains considerable uncertainty that these proposals could lead to a transaction; should it complete it would have a materially positive impact on the net asset value of the shares of British Smaller Companies VCT plc. " with kind regards - A00 aka BusyBumbleBee on the Fool
A000257, Thank you! If we, for the time being, are the only ADVFN posters who are interested in tax free 7-8% yields on assets which can now be bought at a discount of up to 40% to NAV, that is fine by me. May I trouble you for a few more ticker codes, web links etc? Meanwhile take a look here In terms of dividend yield, discount to NAV, market cap/liquidity, and investment performance going forward, I am looking for around 10 vehicles to target. Sage.
sage of suffolk
Well - Sage of Suffolk - there appears to be so little activity on this thread that posting new seems a bit of a waste of time. However, I would add two VCTs to your list both of which pay steady dividends each year and have mature portfolios. The first is Albion Venture (previously Close VCT) LSE : AAVC and the second is Northern Venture (LSE:NVT) - which thankfully has never changed its name. both pay dividends of about 5 pence per year and both can be bought for less than 'new' VCTs i.e. they can both be bought for less than 70 pence. Both have done me well over the past 12 years. Both have a dividend reinvestment scheme as well - which has done very well for me. You get 30% off the NAV when you buy this way! What I do is set up a 'monitor' which has all the VCTs in it so that I can monitor the prices and then also quickly and easily go to the financials provided nicely by ADVFN. You can also get the price charts that way as well cos they are all nicely provided by ADVFN - except of course where the wretched VCT board has changed the name of the VCT. Sorry we can't meet up but I do have to show my passport when I come over the border from Norfolk to Suffolk
Chat Pages: 24  23  22  21  20  19  18  17  16  15  14  13  Older
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