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VLE Volvere Plc

1,500.00
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Volvere Plc LSE:VLE London Ordinary Share GB0032302688 ORD 0.00001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,500.00 1,450.00 1,550.00 1,500.00 1,500.00 1,500.00 640 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Consulting Svcs,nec 43.05M 2.12M 0.9038 16.60 35.15M
Volvere Plc is listed in the Business Consulting Svcs sector of the London Stock Exchange with ticker VLE. The last closing price for Volvere was 1,500p. Over the last year, Volvere shares have traded in a share price range of 1,060.00p to 1,500.00p.

Volvere currently has 2,343,422 shares in issue. The market capitalisation of Volvere is £35.15 million. Volvere has a price to earnings ratio (PE ratio) of 16.60.

Volvere Share Discussion Threads

Showing 5351 to 5375 of 5375 messages
Chat Pages: 215  214  213  212  211  210  209  208  207  206  205  204  Older
DateSubjectAuthorDiscuss
11/6/2024
08:56
Anyone have any thoughts on what price they would pitch if they did a tender offer?
zoolook
11/6/2024
07:24
A further £74,250 of shares bought back - at 1485p, the highest price to date if I recall correctly:
rivaldo
31/5/2024
15:55
I think you are missing my point. According to their stated investment strategy they shouldn’t be buying back shares at this price.
zoolook
31/5/2024
14:22
For the record, another £74,000 of shares bought back at 1480p:



Remember that VLE bought back a further £916,000 in March, as well as the £148,000 in the last few days. So the cash pile will have reduced by over £1m, but the true NAV per share will have increased nicely since the year end.

Zoolook, a stated true NAV including a sensible valuation for Shire would indeed be extremely helpful! But it isn't going to happen without a value-defining event as it's subjective. Perhaps the market should take its cue from the normally very conservative Nick Lander's willingness to buy back large quantities of shares at 1480p....

rivaldo
30/5/2024
16:30
As per recent RNS “In the short term, the Group will continue to buy in its own shares whenever possible in order to narrow the Group's share price to NAV per share” which is moderately amusing as this wouldn’t narrow the gap much given the declared NAV is £14.83!
It would be helpful if they were able to incorporate a sensible value for Shire in that NAV to demonstrate the real value here.

zoolook
30/5/2024
07:35
Good to see VLE confident enough to buy back £74,000 of shares at 1480p:
rivaldo
28/5/2024
14:30
£62,000 of sells today at 1443p or so all absorbed without a problem. Perhaps there's an ongoing buyback in the background, or simply a buyer out there snapping up shares.
rivaldo
22/5/2024
19:47
See Graham at Stockopedia, a long term holder, thinks £20.50 a share, so good to be in the same valuation ball park.
Feel very lucky to have picked up such a big stake from Canaccord when they were selling big lumps in the mid 11's.

elsa7878
22/5/2024
18:41
Good to see a £15,000 buy at 1500p this afternoon.
rivaldo
22/5/2024
09:25
Agreed, and given the clearest indication yet that the Board are looking at finally unlocking the value here, it's a very strong hold imo.
tanners
22/5/2024
08:35
Struggle to see how this is worth less than about £20. At that price the market cap would be about £45 million with nearly £24 million in cash and a Foods business, which if you rate it at a very mean 10x is worth at least £20 million for it's 80% share.
elsa7878
22/5/2024
07:21
Indeed - they're early! Although it did say "on or around" May 24th.

Great results as already flagged, and assets worth far more than the current m/cap.

All summed up by the quote in the above post.

rivaldo
22/5/2024
07:11
Actually results out today……and

The Board is conscious of the Group's share price, which it does not believe reflects the underlying value of the Group's assets. These are principally cash, liquid investments and the investment in Shire Foods. We are considering a number of ways through which to unlock this value for shareholders and will update investors on these developments at the appropriate time.

👍👍👍❤ʊ39;

jaf111
21/5/2024
22:35
Reminder for self (and others!) - results will be published this Friday.
rivaldo
13/5/2024
16:23
I'd say sell the whole lot, which might seem unlikely or at least, give us LTH a tender offer, please Nick!
scorpione
13/5/2024
14:45
Something is up. I wonder if VLE are ready to finally announce an acquisition
rimau1
13/5/2024
09:19
New 30-month highs now.

We already know that the results on the 24th will look great, and the £23.74m cash pile alone backs up 80% of the m/cap.

Shire is in the price for almost nothing.

rivaldo
10/5/2024
12:07
Starting to move up again……results due 24th so wondering (hoping) whether there will be something to celebrate, be it a tender offer or acquisition(buying or selling)
🤞🤞🤞🤞 9310;

jaf111
02/4/2024
11:31
Alas,the share price will languish until Shire proves its value by being sold.
kispis59
02/4/2024
10:25
Always fun looking a VLE.

Top-line compound growth at Shire I calculate at 13.6% over 8 years (and similar for profit growth). That´s a fantastic achievement.

Using Ben Graham´s valuation guide of PE = (8 + sustainable growth rate)suggests a reasonable PE for Shire of 20+. VLE´s 80% share of Shire is worth £40m+ by that valuation method. Add the cash and you get a c. £64m valuation or £28+ per share.

Who´d have thought that a "boring" old food manufacturing business could perform so well? Mr Market clearly thinks its too boring. I don´t.

eezymunny
14/3/2024
07:18
Last night's and this morning's RNS's suggest that Canaccord Discretionary Clients were the sellers, and their shares were picked up by (1) the buybacks and (2) Crucible Clarity Fund Plc, who increased their holding to 6.55%, or 152,393 shares.
rivaldo
13/3/2024
20:17
Could buy any amount on trading update day. So good to see an investor and a noble one picking up some stock as well as the company. Crazy not to. Look forward to seeing who the seller is as between the buyback and the investor increasing their stake that constitutes about 5% of the company.
Just need to remind yourself of the longer term returns achieved. Indulgence a horror bought at completely the wrong time (unfortunate). With oodles of cash the opportunities for acquisitions must be endless.
Naughty vegan on the naughty step.
Discount to NAV is too much.
Surprised if the buy backs are not accelerated. Should be. Far too much cash even if the interest pays the corporate overheads.

elsa7878
13/3/2024
17:50
Holdings RNS

Crucible Clarity Fund Plc increased from 5.21% to 6.55%. (TVR 152,393 shares)

eeza
13/3/2024
16:17
The valuations above are ignoring the strength of the Shire balance sheet.

So Rivaldo´s stab I´d increase to maybe £50m total valuation (£22/share). Just a matter of opinion of course, but a buyer of Shire gets a fabulous balance sheet (£14m TNAV end 2022, call it £12m so as not to double count cash?) as well as all the future profits...

eezymunny
13/3/2024
15:54
But in calculating P/E, NAV/share, cost of dividends or any other ratio that depends on the number of shares, they are the same and are excluded from the calculations. There are effectively no shareholders of those shares to receive any benefit from the company (unless you believe a company can be a shareholder in itself).
stemis
Chat Pages: 215  214  213  212  211  210  209  208  207  206  205  204  Older

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