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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Virgin Wines Uk Plc | VINO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 34.00 | 08:00:26 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 34.00 | 33.20 | 34.00 | 34.00 |
| Industry Sector |
|---|
| BEVERAGES |
| Top Posts |
|---|
Posted at 22/10/2024 07:29 by backmarker A good profit for the year BUT a static revenue number.We need to see the growth. The machine is obviously now well oiled and working efficiently, but without growth it is hard to see VINO deserving more than its p/e of around 16.The cash pile grows. No indication of a dividend so is it a war chest as I continue to believe? I hope Jay will do a presentation soon to enlarge on plans and possibilities, there wasn't much in the RNS.I will continue to watch, but at present there is not enough to tempt me back in. |
Posted at 25/7/2024 16:33 by backmarker Jay Wright is a man with a vision, one might say a lot of visions. And he will be dreaming up plenty of ways to expand the business. I don't believe VINO has enough clout yet to try for a reverse takeover of Laithwaites, and that business has been in transfer to the next generation for some time.But the likes of Tanners might be a target. (Averys went to Laithwaites some years ago, but operates independently within the group).The coming year will be an interesting one.As to share price, it should be a lot higher. The core business model and its central system is functioning well, the company is generating cash and is debt free. Working capital requirements to expand the company are low. Ideal situation.The only real factor to be tested is how much and how fast can they grow the business. And that will determine the share price.At the moment I think the company is somewhat under the radar . I believe that is about to change. |
Posted at 25/7/2024 16:12 by backmarker Good update today, looking forward to an online presentation soon.They are now profitable, efficient, and are flush with cash. What will they do with the cash? Acquisitions is the obvious thought.There are many small wine (and beer and gin and the rest) businesses out there, and one major (Laithwaites) and one minor (Majestic) competitor- if you don't count the supermarkets who occupy a somewhat different space, and the Wine Society which occupies a niche.It would be easy enough for VINO to bolt on a few/lot more customer lists and service them with its same warehouse system and wine advisor structure. That's the simplest way for them to grow the business.Another way is wine clubs associated with lifestyle companies with magazines, think Saga. Of course they have been doing this for ages already-I suspect 90% of such clubs are being serviced by Laithwaites and Virgin between them. |
Posted at 30/5/2024 06:51 by backmarker Today's buyback announcement suggests the VINO cash pile has been growing which in turn suggests continuing profitability.Hopefu |
Posted at 12/4/2024 17:24 by backmarker A few sales today. Possibly some short term holders looking for more action elsewhere.Shares like VINO require patience. The value will out eventually but there is likely to be long periods without news. |
Posted at 24/8/2023 14:40 by backmarker VINO certainly powering ahead.I've seen this before when you get a good Trading Update shares may rise Strongly in the interval before the official Results. |
Posted at 11/5/2023 17:15 by volsung In Vino Veritas |
Posted at 12/1/2023 12:32 by kemche The results, said house broker Liberum, "highlight just how well-run Virgin Wines is".Virgin Wines is a ‘corker’ Virgin Wines (VINO) is a ‘corker of a stock’ and one of the highest quality companies Liberum says it covers. So Liberum with their finger on the pulse then. |
Posted at 08/11/2022 07:38 by tole Virgin Wines is a 'corker', says LiberumVirgin Wines (VINO) is a 'corker of a stock' and one of the highest quality companies Liberum says it covers.Analyst Wayne Brown retained his 'buy' recommendation and target price of 100p on the stock, which rose 1.7% to close at 60p on Monday.'It has a disciplined approach to growth, is taking market share, has a stable and proven management team and is delivering strong KPIs on average ahead of pre-pandemic levels with sales and customer retention of 91%,' he said.'Some were concerned that customers acquired during Covid-19 would not perform to the same level as historic norms this has now been disproved.'The analyst said the outlook remains 'robust' thanks to new partnerships, 'reslient' deposits from WineBank customers, a strong balance sheet and forecast delivery of a £4m free cashflow in 2023.'A free cashflow yield of c.12% highlights the value on offer,' said Brown. |
Posted at 30/6/2022 15:13 by callumross Would say VINO better value than WINE in that it is cash generative, profitable and with £13m in bank. |
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