Virgin Wines Uk Share Discussion Threads

[backmarker] 23/8/2023 16:49

I'm not surprised Virgin has been climbing since the trading update.

What I am surprised is that so far nobody has posted anything since then. Everyone too busy trying to get in at low prices before spreading the word I expect.

As a Virgin customer I am more than happy with the company.

Fully invested at present otherwise would be a buyer here at current levels.

[callumross] 18/7/2023 13:20

Someone must be buying them too as you can't trade on the buy side in any volume at all. I know because I tried to top up yesterday and could only get quote in 1500 shares. The in line trading statement reassured me and when you strip out the net cash the enterprise value of this one at £10m is ridiculously undervalued.

[s34icknote] 18/7/2023 12:48

Some one dumping 100 k blocks

[volsung] 11/5/2023 18:15

In Vino Veritas

[bubloo] 04/5/2023 11:18

me too below thirty pence only

[goliard] 04/5/2023 08:03

I will be interested if it drops to low 30s.

[ny boy] 30/4/2023 11:39

Not the best of performances but will look to add shortly, sub 40p,bottom drawer stuff by the looks of things

[ny boy] 12/1/2023 12:39

Best to ignore so called over paid analysts imo

[kemche] 12/1/2023 12:32

The results, said house broker Liberum, "highlight just how well-run Virgin Wines is".

Virgin Wines is a ‘corker’, says Liberum

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.

[ny boy] 12/1/2023 12:22

Oh, back to the 50p drawing board again!

[ny boy] 08/11/2022 11:51

Been in since 50p, good recovery prospects once the FED pivot comes next year, then off to the races dyor

[callumross] 08/11/2022 09:21

Thanks for this Tole. On every metric this should be trading much higher and I couldn't believe how the share price sank from 200p to 50p at its lowest, simply on sentiment in the consumer facing sector dragging the good companies down with the bad. Even the broker target price of 100p is undemanding.

[tole] 08/11/2022 07:38

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.

[ny boy] 01/11/2022 13:45

Will be a slow grind north once sentiment returns, stuck in some chewing gum at the moment but expecting a move higher towards Xmas/NY dyor as usual

[callumross] 26/10/2022 15:11

The results, said house broker Liberum, "highlight just how well-run Virgin Wines is".

"The customer acquisition model has proven to be disciplined, scalable and delivers profits. This, together with highly rated wines, has enabled the group to sign up some impressive new corporate partnerships which should help underpin growth in the years ahead. We cannot fathom nor understand the valuation," said analyst Wayne Brown.

[ny boy] 26/10/2022 08:10

Not bad results, bottom could be in here, let’s see what analysts say going forward

[ny boy] 07/9/2022 17:06

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 14:47

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 11:38

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

Prelims due mid oct

[ny boy] 05/9/2022 09:55

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 12:15

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 15:10

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 13:38

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 10:56

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