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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
  +25.00p +2.44% 1,050.00p 1,000.00p 1,100.00p 1,050.00p 1,025.00p 1,025.00p 1,463 15:51:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 43.4 3.5 56.4 18.6 32.75

Volvere Share Discussion Threads

Showing 4576 to 4597 of 4600 messages
Chat Pages: 184  183  182  181  180  179  178  177  176  175  174  173  Older
DateSubjectAuthorDiscuss
05/12/2018
08:34
Nice coverage of JL's speech at Mello London here (also positive mention of another of my holds, KAPE, by Gervais Williams). Amazing that VLE were the only bidders for Impetus from 80 potential bidders! Also interesting that the Landers usually know within 5 minutes of meeting management whether a company could be a good investment. I know others disagree, but I've also found that meeting management at presentations etc is often - though of course not always - very helpful in reaching an opinion on potential investment. Remember that the £33m cash per the below excludes the almost £3m deferred consideration: Https://www.stockopedia.com/content/mello-london-2018-notes-gervais-williams-lord-lee-bioventix-and-others-422433/?utm_source=Stockopedia+Subscribers&utm_campaign=af301d1ac1-Newsletter+05+December+2018+-+Non+Subscribers&utm_medium=email&utm_term=0_daf28b1d4d-af301d1ac1-41876725 "Volvere VLE is a turnaround specialist set up in 2002 Looks for loss-making or marginally profitable companies that are unsuitable for other private equity outfits & improves them They look in the UK, possibly Europe £10-£100m revenue companies They want board control and typically 100% of equity They like people businesses Impetus Automotive was their most recent purchase; it was offered to 80 people & VLE was the only one to make an offer VLE currently has £33m of cash & Shire Foods (acquired for £0.54m in 2011 —> 2017 PBT of £0.64m and revenue of c£15m) Q&A Q: What are you going to do with the cash? What about Brexit? A: There was a £6m buyback in October. There will be more of the same turnaround strategy. Brexit - disruption can present opportunities for a company like VLE Q: Tell us more about your strategy A: A lot of it by now is gut instinct developed over the years. They often know within five minutes. They look for managerial resilience and good character. They then do desk work on the company Investing is all about the price. Believe in the people in a business and treat them fairly."
rivaldo
30/11/2018
14:41
Own up....who sold 3 shares today?
melf
29/11/2018
20:29
It was the interims I was thinking about, thx
stemis
29/11/2018
15:18
JL stated at Mello that cash was £33m (presumably excluding the deferred consideration).
cockerhoop
29/11/2018
14:00
I think it would actually be helpful if Volvere published a company only balance sheet.
stemis
29/11/2018
13:22
Yes, but remember that's within the subsidiaries (Shire from memory). Also within the subsidiaries are a large surplus of receivables over payables. Indeed, group net assets at £26.9m are well above the £20.4m cash (including £2.3m of inventories, plus the freehold property etc). I tend to take a conservative view of the rest of the positive tangible assets by not including anything for them except the property and contra'ing off the rest. If you take a different view that's up to you :o))
rivaldo
29/11/2018
12:29
Wasn't the net cash at 30/6 £19m (there's £1.4m of loans and other borrowings)?
stemis
29/11/2018
09:23
So the current m/cap is £32.7m. This compares to the effective current cash pile of £37.4m, comprising £20.4m at 30/6, plus £23.1m for Impetus (incl. £2.87m deferred) less £6.06m buybacks. Plus the 80% of Shire Foods is worth say £5m (incl. the £2.6m freehold property). Add on say £600k for Sira Defence and you get £43m. With cash receipts up to Impetus' sale in October, VLE's NAV should now equate to around 1400p per share, compared to the current 1050p share price. Without any premium for the Landers' track record or for the likely value arising out of any further acquisitions.
rivaldo
28/11/2018
13:41
I had a chat with JL afterwards. A couple of things which may be of interest. I asked re Shire Foods about the effect of the hot summer, pies going in and out of fashion etc, but JL noted that their products were now stocked in the likes of Aldi, Lidl and Iceland (for example), which of course are the supermarkets enjoying the most success. I also got the impression that VLE might well consider another food sector acquisition to complement Shire/bulk it up, though this may well just have been JL being polite :o)) For the record, apparently Andrew Cohen hasn't sold any shares and is sitting there with his stake (JL wishes he would sell some, presumably to buy back!). I share Andrew Cohen's sentiments....
rivaldo
28/11/2018
09:46
I was at MelloFirst time seeing Jonathan Very impressive Mr contrarian clearly
nfs
27/11/2018
16:33
Will there be footage of the talk available to view?
zoolook
27/11/2018
09:51
What was that?
jamtomorrow2
26/11/2018
23:16
General consensus amongst VLE holders was disappointment that he didn't share his 16,000 bagger CDO investment with shareholders :-)
cockerhoop
26/11/2018
22:45
JL presented at Mello today and was as engaging as ever. The main thrust was general in tone about investing pitfalls/golden rules, but there was a brief section about VLE and running through the success of the Impetus investment. In particular JL noted that the current cash pile was excessive and there would likely be more buybacks (presumably dependent on achievable prices and available stock). More later in the week when there's more time (unless anyone else who was there can add to the above).
rivaldo
22/11/2018
12:02
Here is the chance to listen to a board member of Volvere: Using this unique discount code, ADVFN25, you will be able to get £25 off at Mello London 2018, a 2 day investor conference from the 26th – 27th November 2018 at the Clayton Hotel, Chiswick, London. Http://melloevents.com/mello-london/ Tickets are normally priced at £99 for two days and £79 for one. Type in ADVFN25 as the discount code. Many Thanks and take advantage of this premium offer. See you there.
advfn_sales
18/11/2018
23:24
Here is the full two day programme schedule for MelloLondon including JL of Volvere Http://melloevents.com/wp-content/uploads/2018/11/MT16.11v2.pdf It is jam packed full of about 75 company presentations, lots of top quality speakers and panel sessions plus workshops to help with investment style and techniques etc. The pre event fun starts on the Sunday evening with a dinner and investor quiz hosted by John Lee but the main conference begins on Monday 26th November at 9am through to Tuesday 27th in the evening so do come and join us as there are still 97 tickets left... Http://melloevents.com/mello-london/ See you there.
davidosh
08/11/2018
10:00
Well Mello London will be my 3rd Mello event of the year and I fully expect it to be as enthralling as Mello Derby & Mello South. Great chance to meet up with investor friends and see a host of decent companies present. Seeing Jonathan Lander present an added bonus. Excellent work in getting him along David.
cockerhoop
08/11/2018
09:43
I should also add that ticket sales are currently 9% ahead of any other event we have run over the last four years despite the market jitters of the last few weeks so my team must be getting something right !
davidosh
08/11/2018
09:40
meathed......I will ask the website team to look at it but please take into account that the words used are usually supplied or approved by the actual speakers and that is exactly how they want to be known. We have a huge number of sessions not yet shown on the website as the programme will not be released until next Tuesday. These events are exceptionally popular but clearly not for everyone and we do try to cover all tastes in the investment niche we are supporting ie. companies below the radar and certainly outside the FTSE350. Do remember that I am an investor first and foremost. If you want a professional to run these events then you will get something completely different and Mello is a wonderful community not a commodity !
davidosh
08/11/2018
09:26
Hi meathead Your post contains a serious point re consistency of presentation. But did you have to deliver it in such an unpleasant tone? Life's too short. Jon
jonthetourist
08/11/2018
01:44
I am sure you will all enjoy listening to Jonathan Lander at the MelloLondon investor event on 26th November. Do not leave it too late to buy a ticket though as we have less than 200 left... Http://melloevents.com/mello-london/ Jonathan Lander is the founder and CEO of Volvere plc, the turnaround investment company. Volvere’s net assets per share have grown at a compound rate of 17% annually for nearly 16 years and its share price has risen to 11x the price at which the company was admitted to AIM in 2002. Jonathan has 30 years’ experience in venture capital and investment banking, both as an investor and as an adviser.
davidosh
07/11/2018
14:08
Yes we are certainly entering a buyers market in that respect.
the big fella
Chat Pages: 184  183  182  181  180  179  178  177  176  175  174  173  Older
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