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VLE Volvere Plc

1,225.00
0.00 (0.00%)
28 Mar 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% 1,225.00 1,150.00 1,300.00 1,225.00 1,225.00 1,225.00 650 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Consulting Svcs,nec 41.56M -537k -0.2292 -53.45 28.71M
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 1,225p. Over the last year, Volvere shares have traded in a share price range of 1,060.00p to 1,300.00p.

Volvere currently has 2,343,422 shares in issue. The market capitalisation of Volvere is £28.71 million. Volvere has a price to earnings ratio (PE ratio) of -53.45.

Volvere Share Discussion Threads

Showing 3626 to 3648 of 5350 messages
Chat Pages: Latest  154  153  152  151  150  149  148  147  146  145  144  143  Older
DateSubjectAuthorDiscuss
06/6/2016
18:11
Thanks for the link. Thought he came across well and some useful snippets imo - aiming to continue to add value to and improve shire and impetus, anticipation of benefits to come with Sira and perhaps some "new stuff". (Shame the text in the article couldn't get the name of JMP correct!).
rp19
06/6/2016
17:44
Volvere chief hails.
battlebus2
03/6/2016
10:12
It's simple really, at the current share price the market values the 3 companies at c£4m (inc £2.5M freehold).

You may believe that's an over valuation, an under valuation or a fair valuation.

I think it's bonkers!!!

melf
03/6/2016
10:04
Question my valuation methods if you will clacre, but I've been churning out nice EEZY profits in full public view...



I expect, as you're so ballsy, you'll be doing the same? As if...

eezymunny
03/6/2016
09:56
I thought it was being conservative EM... :o))
rivaldo
03/6/2016
09:14
Bibey must be using the EezyMunny company valuation method.
clacre
03/6/2016
08:54
Award yourself a gold star for a great Friday ramp Rivaldo :)
eezymunny
03/6/2016
08:49
This chartist site has a 1455p share price target for VLE :o))
rivaldo
02/6/2016
17:01
That's what i do when valuing companies


If a company has excess net cash, that comes off the market cap

If a company has significant net liabilities, that gets added to the market cap

spob
02/6/2016
16:58
I suppose a sum of the parts valuation in any particular case depends on the nature of the tangible assets

In any particular case you would have to consider liquid assets (eg: cash or possibly even surplus property) differently to assets which are inseperable from earnings

spob
02/6/2016
15:44
I take your point, but assets come with built in liabilities. If I were a trade buyer of Shire it would be all about the profit generating capability and the tangible assets less so, excepting that I'm adding goodwill to my balance sheet. I really don't know how the tangible assets of Shire compare with the similar companies.
hpcg
02/6/2016
15:33
Of course different companies with different business models in contrasting sectors will be valued differently. I'd assumed the comparison was the same business with a different balance sheet.
cockerhoop
02/6/2016
14:09
I think a better comparison is a business which makes £1.5m and has net freehold and machinery assets of 0. Yes, potentially, indeed it could be worth more as it has no capital intensity. There are many cases of asset light businesses where the market ascribes a much higher multiple than capital intensive businesses. Cash or debt is not a question here, the subject was tangible assets.
hpcg
02/6/2016
13:57
Hpcg,

So are you saying that a £15m business with say £1.5m profitablity and £4m of cash/freehold assets is worth the same as a £15m business with £1.5m profits and debt of £4m?

cockerhoop
02/6/2016
12:23
Constituency company hard assets can only provide a bottom end valuation, they can't be counted at all in upside valuation unless you think any sale price would be based on P/B and not a revenue multiple, cash profit multiple or GAAP profit multiple.
hpcg
02/6/2016
07:06
clacre,

ST doesn't discuss Shire's assets in the article, only the value attributed to the company in VLE's account which is a completely different thing.

cockerhoop
02/6/2016
07:01
anyone planning on going to this yr's agm?
sladdjo
01/6/2016
14:29
Rivaldo - ST did refer to the Shire assets:-

"The point being that the investment in Shire is valued in Volvere's accounts at only £5.8m."

I like his bit about 'in anyone's book' - not mine ST.

clacre
01/6/2016
11:28
For some reason I went to the Sunday Times and searched for Volvere, coming up with this from July last year:

An overwhelming majority of business leaders backed George Osborne’s increase to the minimum wage in a straw poll at yesterday’s summit, though a handful criticised the government for dictating to companies on pay.
Asked to vote yesterday on the chancellor’s target of introducing a “living wage” of £9 an hour within five years, 79 per cent of those present, largely leaders of FTSE 100 or FTSE 250 companies, said that it was “the right thing to do”, while 10 per cent described themselves as neutral and 10 per cent opposed to the rise.
One objector was Jonathan Lander, the chief executive of Volvere, an investment company that specialises in turning around troubled businesses.
“It will increase unemployment,” Mr Lander said. He said that his company was often involved in trying to cut costs to save loss-making companies.

It would seem that he is no sycophant.

backwoodsman
01/6/2016
11:19
With regards to the current debate applying a value to Shire Foods ST says:

'The point being that the investment in Shire is valued in Volvere's accounts at only £5.8m. In anyone's book, Shire has to be worth £10m in a trade sale scenario, or six times' last year's pre-tax profit.'

cockerhoop
01/6/2016
11:15
WD rivaldo, nice little earner!

Dud

dudishes
01/6/2016
11:10
ST has a column on them today, no target but definitely a buy. Too soon to print it, pees people off.
paleje
01/6/2016
11:00
Quite right Melf. Now the results are out it's time to update the thread header post. Just a matter of finding that time - I've also promised to set up a new thread for CAR....
rivaldo
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