Virgin Wines Uk Share Discussion Threads

[ny boy] 07/9/2022 16:06

Yes reasonably attractive no debt in a rising rate environment is an investor attraction imo
Let’s see what the prelims give us soon, I took some more 50p Dyor as usual

[callumross] 07/9/2022 13:47

Just topped up another 1500 shares at 50p. 50p to sell, 50p to buy was the quote! Couldn't resist as the price is virtually discounting Armageddon. Will they go cheaper? Will there be a profits warning? Who knows. But this is a cash generative company with no debt, cash in the bank and a respected brand name and maybe with the energy freeze and resultant reduction in inflation together with strong earnings growth the coming winter might not be as bad for consumer facing companies as the market expects.

[ny boy] 05/9/2022 10:38

Down 75% approx since the first trading day of this year!

Prelims due mid oct

[ny boy] 05/9/2022 08:55

Still falling might be tempted soon, if Auntie Liz a bonanza package for energy bills, some may celebrate this coming Christmas with a few cases of wine

Yes callumross zero debt attractive

[callumross] 31/8/2022 11:15

Zero debt NY Boy and cash positive unlike its competitor WINE which is highly indebted and had to put material doubt about it being a going concern in its most recent statement.

[ny boy] 04/8/2022 14:10

Not in yet, I guess it pays to be patient, 25p less than when I was last looking at these, not sure if the bottom is in, as we are probably going to enter 4to5 quarters of recession imo

[savagedstock] 28/7/2022 12:38

I follow these kinds of businesses for interest only - i do not have a position.....
Am unclear as to whether WINE is profitable. Like Naked and others they all talk about EBITDA and GP, nothing lower on the P&L than that. They also puff up cash balances, though in WINE case, they do at least give you net cash....at a high level it looks like they lost about £1M....
Discretionary spend is being cut everywhere, whether mobile phone upgrades, Netflix subs, gym memberships etc. This is no different, and the inflection point will be when people stop monthly subs as we head into a difficult Q4 & Q1 - the rise in energy bills will focus a few minds. Of course there will be those who will carry on paying, but unless they tell you the demographics of the subscriber base, it will be hard to generate an informed picture.
The main issue for all these types if businesses, is what is their underlying value proposition, both to a customer and an investor? High end wine clubs will survive because they are niche, and investors somehow believe that the right vintage from the right estate, is an appreciating asset. But this is not what these businesses sell.

[smithless] 28/7/2022 09:56

Personally, I think these represent good value now in this bombed out retail sector. Certainly better value than WINE. Trading on about 9x, cash and margins holding up. Amazing to think this was floated at 197p 16mths ago. Picked up a few today on my long term account

[callumross] 30/6/2022 15:13

Would say VINO better value than WINE in that it is cash generative, profitable and with £13m in bank.

[callumross] 30/6/2022 11:19

I know they have different sales models but it would make sense for them both to merge. Same market cap. Both struggling to be profitable. One set of central costs could change that as we enter a very tough time where wine club subscriptions are an example of discretionary spending that will be among the first to be cut.

[callumross] 30/6/2022 10:33

Check out Naked Wines profits warning and share price fall. No way is Virgin immune to this. Naked can barely break even on £350m turnover.

[woodzeebeck] 30/6/2022 09:49

Down 11% today.
OOOF
No RNS or bad news that I can see.
What's going on?

[ny boy] 27/5/2022 06:47

Having said that is was interesting to see Gibbs hedge fund increasing yesterday, he’s a bottom up strategy sort of guy, may indicate a bottom is close

[ny boy] 27/5/2022 06:44

No not buying, just staying patient

[justnathan] 20/5/2022 08:45

Anybody seeing this as a buy now? The share price and the recent diversionary RNS seem to be indicating bad news to come.

[ny boy] 06/4/2022 16:06

And waiting

[ny boy] 05/4/2022 11:03

Not bought in yet just waiting

[ny boy] 11/3/2022 10:00

Bottom insight? Could have some value soon imo, sniffing around for a few potentially under valued plays

[km18] 10/2/2022 12:07

Virgin Wines encompasses departments specialised in manufacturing, distribution and sale of wine. The online wine retailer is currently offering gift sales channel, such as personalised products, hampers and packaged gifts, enabling the firm to derive multiple sources of income. Although the firm suffered a Covid outbreak-induced distribution centre closure before Christmas, Liberum Capital noted that existing customers ‘remain of high quality and customers acquired during the pandemic are also returning’, as well as the fact that Virgin Wines’ subscription schemes continue to deliver growth. As a result, Liberum still forecasts pre-tax profit improvement from £5.2 million to £6.1 million this year, ahead of £7.2 million and £8 million thereafter and notes net cash of £13.6 million means Virgin Wines can ‘comfortably’ fund acquisitions, international expansion and ‘any other ancillary investment, illustrated by the strong EV/EBITDA of 21.04x. These highly enriching and stimulating initiatives were positively reflected on the firm’s valuations where P/E ratio stood at 15.8x, lower than the consumer staples P/E ratio of 27.31x, signifying that Virgin Wines is undervalued and is cheaply available for investors to buy the stock. Consequently, it implies that Virgin Wines UK PLC is expected to surge in value, given the robust EPS growth of 35.8% and attractive P/B ratio of 4.85x.



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[bunlop] 09/12/2021 09:21

At last a bit of life in VINO.

[babbler] 28/10/2021 06:54

Great update. 5m profit. WINE making a loss and 4x the mcap to vino

[babbler] 26/10/2021 21:57

decent buy here today... hmmm. results Thurs.

[babbler] 18/10/2021 20:13

Not really. It's a new listing.

[robertball] 18/10/2021 06:09

Not really. The chart tellsYou all you need to know. Avoid