Vindon Healthcare Share Discussion Threads

[masurenguy] 28/1/2010 13:49

Except that the share price has been on a downward track for the past 6 months having fallen by 50% during that period. Good call by Rivaldo last August.

rivaldo - 17 Aug'09 - 72: Hi Mas. Been in and out of VDN myself in the past. Good company, but has always been on a high rating and looks overpriced now imho. The company broker's note dated 10th August is apparently now forecasting just 0.8p EPS this year and the same 0.8p EPS next year. A P/E of 20.6 is far too high - and VDN also has around £2.4m net borrowings. It's difficult to justify a share price of more than 10p for a company showing no growth and with material net borrowings, and maybe even 6p-8p is more appropriate.

Even after falling from 19p to 9.5p in that 6 month timeframe, the current year PER is still in the region of 12 or 13 which is not cheap for a small cap in this market !

[daicaprice] 28/1/2010 12:31

Looks positive to me, and hopefully it is. Onward and upward as they say.

DC

[piedro] 28/1/2010 10:59

RNS Number : 2670G
28 January 2010
Vindon Acquires US based Westech Instruments Inc
Vindon Scientific Limited ("Vindon Scientific"), Vindon's wholly owned subsidiary, has today acquired the entire issued share capital of Westech Instruments Inc ("Westech Inc") from its parent company, Westech Instrument Services Ltd. .... .... ....

[piedro] 22/1/2010 16:56

... an old article, but may restore your faith:

Future looks hot for storage experts
Ben Rooth
March 25, 2008

[daicaprice] 22/1/2010 16:37

You must have faith to have still been buying, either that or yr filthy rich an avin a laugh after a few bevs an a smoke!!! Keep me posted of any other discoveries if you don't want to leave em here go to.... cos there's def only me there as you will see.

DC

[piedro] 22/1/2010 16:25

... it gets worse...

[daicaprice] 22/1/2010 16:05

Where did you find, and why did you post the bad looking photo may I ask? Thanks for the other info though.

DC

[piedro] 22/1/2010 15:49

No. I have been buying on the way down.
They could go bust.
Not one for weak hearts.

Here's a snippet just found...

Vindon sets its sights on Euro zone
Kevin FEddy
September 16, 2009
EUROPE is in Rochdale-based Vindon Healthcare's sights as it plans its next phase of expansion.
Vindon is aiming to open facilities in Atlanta, Georgia and New Jersey over the next few months to store drugs under development by pharmaceutical companies, and chairman Liam Ferguson has earmarked Switzerland and the Benelux countries for further sites. ... ...


Getting a bit stretched ?
H2-07 Irish premises completed
H2-08 Ireland plant in profit
H1-09 Rochdale premises completed
..... Atlanta, New Jersey, .... Berne ....

[daicaprice] 22/1/2010 15:01

Certainly does, are you out pete?

DC

[piedro] 22/1/2010 14:30

... looks abandoned ....

[piedro] 15/1/2010 20:37

There seems to be a steady buyer - despite the missed lunch ....

[daicaprice] 15/1/2010 12:29

Huge excitement Piedro!! 13k bought @11p this morning, we are not alone!

DC

[daicaprice] 15/12/2009 12:25

Book A table on the terrace in the shade Pete.

[piedro] 15/12/2009 12:12

Lunch in the Victory Bar on Thursday is possible

[daicaprice] 15/12/2009 12:09

Its a long term hold so no problem. A bit of news every now and again would be nice though, the last I saw was that the USA business was looking good for 2010.

[piedro] 15/12/2009 11:58

no need to wake the sleeping beauty
storage may not be very exciting
and in/out-sourcing is quite a new business

[daicaprice] 15/12/2009 11:56

A night around equipetrol sounds good to me!

[daicaprice] 15/12/2009 11:42

there's only you and I here I fear piedro, when are we having our Xmas bash? Could do with cheering up.

DC

[daicaprice] 02/11/2009 13:23

Thanks Piedro,
believe me it is depressing, I bought 8,811 of these at 16.4 if I remember correctly and they've only gone one way since. Oh well it could be worse, I could have bought that appartment on the cliff in los Gigantes last feb!!

[piedro] 29/10/2009 12:25

daicaprice,

Charts up and ....
.... they are depressed, but not depressing - bottom fishing time - IMHO
LOL !!

Buyer at 11.55p and possibly at 11.15p yesterday

[EDITED]

[daicaprice] 28/10/2009 16:02

Can we get some charts on here please? I know they're depressing reading at the moment but surely there has got to be some good news from somewhere on the way.