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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Volvere Plc | VLE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 2,200.00 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2,200.00 | 2,200.00 | 2,200.00 | 2,200.00 | 2,200.00 |
| Industry Sector |
|---|
| GENERAL FINANCIAL |
| Top Posts |
|---|
Posted at 16/5/2025 16:25 by ntv Surely the cash balance is higher since they received £4m as a dividend since the year end. Though not affecting total assts overall but adding to the net cash on the balance sheet |
Posted at 16/5/2025 13:16 by martinmc123 wealthoracle.co.uk/d |
Posted at 16/5/2025 12:20 by rivaldo FYI, Paul Scott's daily podcast is just out today and very positive on VLE and says it's cheap.He understates the cash pile as he forgets about the £2.79m investments for sale, so the true cash pile/liquid asset is actually £27.8m against the £46m m/cap. I often disagree with Paul's opinions, but imo he's right on this occasion! Listen from 10 minutes in: |
Posted at 16/5/2025 07:33 by rivaldo And there we have it - sparkling results as flagged.I note in addition: - the freehold property was revalued upwards by £0.2m to £3.95m, adding further to the tangible NAV/asset backing on top of the £27.8m cash and the almost £4m plant and machinery - VLE's £1.6m investment last year in a "liquid FTSE stock" is now worth £2.79m. So VLE have made a 74% return in 12 months. Perhaps they should create a new fund management division..... The share price today is still only 20% above the group NAV per share, which is essentially wholly tangible with no goodwill etc to be seen. There's the usual VLE caution/caveats as regards the known increases in wage costs etc, but the promise of "a robust performance" this year is likely code for quiet confidence, fuelled by further efficiencies via capital investment, passing on of costs etc. |
Posted at 31/3/2025 08:50 by rivaldo Interesting online at present - you can buy a maximum 1,100 shares at 1948p, but sell 2,000 at the 1900p midprice.I suspect VLE are still in the market buying back shares at 1900p, which is handy given that unusually there appear to be a few shares around. |
Posted at 26/3/2025 11:19 by rivaldo Cheers PB87, much appreciated.Has to be worth VLE buying back more shares at these levels. |
Posted at 25/3/2025 08:55 by rivaldo Cheers rimau1 - 3,000p is the highest valuation so far....Here's a link and the intro (subscription-only): "An investment company in deep value territory Simon Thompson: The sole business increased profit by 50 per cent which isn’t included in the market cap Published on March 24, 2025 by Simon Thompson • 2024 pre-tax profit up 72 per cent to £6.3mn • Closing net asset value (NAV) of £41.8mn • NAV per share up 15.9 per cent to 1,719p • Cash up 17 per cent to £27.8mn (1,259p) A pre-close trading update from Aim-traded investment company Volvere (VLE:1,920p), ahead of results on 23 May, highlights why I suggested buying the shares at 1,800p in my 2025 Bargain Shares Portfolio. In the 2024 financial year, the company increased pre-tax profit from £3.6mn to £6.3mn on 14 per cent higher revenue of £49mn. Around £1mn of the profit reflects net interest income on a burgeoning £27.8mn cash pile, which now backs up two-thirds of Volvere’s market capitalisation of £42.4mn." |
Posted at 21/3/2025 11:39 by eezymunny A Sharescope filter of all LSE listed shares (ex inv trusts) that have grown top-line by 5%+ for the last 10 years shows only 7 companies.ABDP, BVXP, CVSG, DOTD, GAMA, GTLY, YOU. Shire is very special, relative to most of the dross on the market. Nevertheless, small number of customers and constant pressure on margins means it maybe shouldn´t be super highly rated, I guess. No moat, IP etc. You can make up your own valuation. If VLE have done 6.27m pbt. Maybe 1m interest, so Shire did 5.2m? Our 80% share of that is 4.2m. Tax that at 25% and net contribution from Shire to VLE might be 3.1m. I´d say a 10 x multiple reasonable. So 30m for Shire and 27m for cash pile gives 57m or 2600p/share. Looks like a case of Carry On Holding and hope it never gets overvalued :) |
Posted at 21/3/2025 11:30 by martinmc123 wealthoracle.co.uk/d |
Posted at 21/3/2025 07:33 by rivaldo A fantastic year for VLE, with £6.27m PBT 75% up on last year and a good 15% ahead of even my calculations in the thread header post, which themselves gave rise to a valuation of 2850p per share.NAV is up to 1719p, with a £27.84m cash pile. The hunt for acquisitions continues...choosy doesn't begin to describe it! There's the usual VLE caution in respect of costs, with the caveat that these are likely to be passed on for the most part or in total. But perhaps the key clue here is that Shire are continuing to invest in further capacity for growth, which they wouldn't do unless they had the backing of their major supermarket clients and as highlighted in the new product ranges in the article above: |
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