Volvere Share Discussion Threads

[rivaldo] 23/6/2021 07:18

The AGM is soon, on 28th June, and for the record shareholders can register for a video conference call via Microsoft Teams post-AGM and submit questions:

[smithie6] 21/6/2021 12:24

will UK footie & rugby stadiums be opening up in August & selling some/lots of VLE pies ?

[smithie6] 21/6/2021 12:23

unlikely I think

unless they just licensed the name & products

the products can be made in the UK & then shipped over there frozen & sold at competitive prices

----

lots of big names in USA for veggie pies, capitalised at billions
No Meat etc etc

with much bigger marketing budgets etc & distribution arrangements

[sabre6] 19/6/2021 13:53

American firm about to make a offer for Morisons so could our vegan range about to go to America as well?

[rivaldo] 09/6/2021 11:58

Some very interesting posts on LinkedIn in the last 3 weeks - the new Vegan range is now being stocked in Heron Foods and Boots as well as Morrisons. These have around another 320 shops between them.

Plus "lots more exciting launches planned" in the next 12-18 months......



"Great to see our growing Naughty Vegan range on the shelves at Morrisons, Booths and Heron Foods.

Lots more exciting launches planned over the next 12/18 months."

"Very exciting week for us at Naughty Vegan. Our amazing new vegan cheesecakes have launched nationwide in Morrisons and you can now buy our pastries at Heron Foods - on special offer!"

"The Naughty Vegan family is growing!

Our amazing dairy free cheezcakes will be launching with Morrisons next week!

Caramel Crunch and Cheeky Chocolate will also be available for foodservice in packs of 12."

"We are less than two weeks away from launching our new cheezcakes in Morrisons - Caramel Crunch and Cheeky Chocolate. Not that I’m biased, but they are delicious! You don’t have to be vegan to enjoy these, they just happen to not contain dairy 😀

Super excited to see Naughty Vegan growing and we have a lot more to come…."

[smithie6] 01/6/2021 20:39

"if you're into pastry"

well, Greggs shops are solid proof that pastry & pies really rock in the UK !

my own pie favourites
(I'm not vegan)
- steak & kidney, a timeless winner
- chicken & mushroom
- Cornish pasties

[exv] 01/6/2021 08:23

The argument about how bad saturated and trans fats are for you has been vacillating for decades... I think most consumers are (reasonably) pretty bored of being told they're awful one year and fine the next, so I wouldn't hold that against them.

But, believe it or not, there are plenty of vegans who want to eat 'unhealthy' food, just like there are plenty of non-vegans who eat at Burger King and McDonalds despite the food being less than nutritionally sublime

It, too, is a large and growing market, and it has the added benefit of not having to compete with most other vegan brands - who do exactly what you say - and offer up some some version of salt-free, fat-free vegetable blend with zero calories and zero enjoyment.

It'll do well. It's popular with consumers - read the reviews - and go try it, they're good products if you're into pastry! And - most importantly - it's a natural extension to what Shire already does, namely proper pies at a cheap price point.

[eezymunny] 31/5/2021 16:08

lol

Doesn't the "Naughty" in "Naughty Vegan" give you even the slightest hint that the range isn't targeted at the health freaks?

Durrr....

[scorpio51] 31/5/2021 15:23

That's very disappointing.

[riverman77] 31/5/2021 13:44

The naughty vegan range has horrible, unhealthy ingredients (hydrogenated vegetable oil anyone?). I'd expect vegans to be reasonably health conscious and many wouldn't touch this sort of junk. A real missed opportunity in my view, as they could have created a healthy range where there seems to be a big and growing demand.

[scorpio51] 31/5/2021 12:24

Wrong board

[samenic] 31/5/2021 10:27

Just catching up,l'm in abit of a quandary regarding this investment,normally no matter how long l've held a share l still regard it as just another trade.Maybe its because to some degree VLE has been sidelined,waiting for the next investment and with the virus effects.But l'm afraid that it maybe falling into the category of the injured footballer,who always in the fans minds gets better the longer they don't play

[rivaldo] 30/5/2021 07:34

Cheers meathead - I note the article's now freely available for everyone to read, but thanks for posting it!

Graham Neary strikes me as essentially quite a cautious investor, so it's good to see him becoming more bullish about VLE as his largest holding.

[rivaldo] 28/5/2021 14:36

VLE is Graham Neary's largest holding, so it would be interesting to see what he says. It's subscriber-only though.....

[rivaldo] 28/5/2021 07:33

Results are out.

Shire is trading terrifically well - revenues up 18% to £27.2m and PBT up 31% to £1.81m.

The freehold property has been revalued up to £3.75m, from the prior book value of £2.43m. I note that VLE now own another freehold property in Indulgence worth almost another £1m.

The Group also now own £5.3m of plant and machinery as well as a net £4.7m of freehold property, i.e £10m of tangible fixed assets.

Net assets of £37.18m compare to the £36m/cap - before incorporating any valuation of Shire Foods or Indulgence.

Indulgence has had a lot of loan monies put in, but the improved performance in H2 was notable, with a huge increase in revenues and a good reduction in losses. The return of the foodservice sector should bring about a big further improvement this year (and for Shire Foods too).

With a £23m cash pile, the Landers must be licking their lips at the many businesses which should become available as government support measures end.

[cockerhoop] 25/5/2021 15:52

I'd need to do some pretty deep due diligence to buy anything off Luke Johnson!

[norbert colon] 25/5/2021 12:54

Sector news:https://news.sky.com/story/johnson-bakes-fresh-250m-bid-to-sell-resurgent-gails-cafe-chain-12316547

[rivaldo] 18/5/2021 14:27

A reminder that the 2020 results will be out soon - "on or around 28 May".

Surprisingly (imo) there's been a few small sells recently which have seen the price drift a little. With lockdowns now almost wholly lifted VLE should see a swift recovery in food service sales to restaurants, educational establishments etc. Including pies at football matches (on a small scale anyway!).

I also suspect the increased sales via home deliveries will continue permanently, even if not at the pace of the last year, given the continued transition to home working.

[rivaldo] 15/4/2021 22:42

Nice £15,400 buy at 1540p reported after the close.

[rivaldo] 14/4/2021 08:57

With the reopening of cafes, pubs, restaurants etc, and with the gradual reopening of stadium and mass attendance evets etc now on the horizon too, food service sales for both Shire Foods and Indulgence Patisserie should benefit nicely.

[smithie6] 13/4/2021 11:47

you Naughty Vegan !

:-)))


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£10k buy showing at 1500p
nice size trade.

(super illiquid share; small buy volumes & up it goes; & vice versa I guess)

[caterham88] 13/4/2021 11:22

Just paid 1500p, and happy to do so. This share has rewarded me over many years, and provided the Landers are motivated, I'm sure will continue to rise in value.

[smithie6] 13/4/2021 09:27

the sh. price is in a wide range, since ~ July '20.
1350p to 1500p

rising now towards 1500p


will it then again fall back to 1350p, or not, this time around. ??