Volvere Share Discussion Threads

[eezymunny] 16/9/2021 16:57

80% plus for animal welfare reasons was the answer. For what it´s worth.

No idea how many vegans there are these days...anybody know?

[zoolook] 16/9/2021 15:53

Good quality protein intake requires lots of sources if restricted to a vegan/veggie diet.

[smithie6] 16/9/2021 15:17

"To make a ......vegetarian, diet heathy/nutritious is really difficult"

really ?

I thought that a vegetarian diet was 90-95% of a healthy diet for a meat eater, no ?

but yes, with some bits/vitamins missing which need consideration, such as iron (eat some spinach ?), vitamin D (if one doesn't eat certain fish & one avoids sunshine),

& not eating dairy products is harder to replace I think (but dairy stuff is not thought to be that good for you, colesterol, fat risk to the heart)

----

for me taste and the ease of eating out are reasons for not being vegetarian

....bacon & eggs, chicken curry, BBQ sausages etc

[haroldthegreat] 16/9/2021 13:36

look at the calories and fat in the vegan alternatives

[zoolook] 16/9/2021 12:53

To make a vegan, or even vegetarian, diet heathy/nutritious is really difficult so you wouldn’t choose it primarily for health reasons unless you’d been sucked in by the plant based “Game changers” hype or similar

[stemis] 16/9/2021 12:18

I'd say most for animal welfare. I don't think there's a huge health difference between vegan and vegetarian so to go the extra mile must be for something else...

[eezymunny] 16/9/2021 12:01

I asked a vegan with lots of vegan friends what % of vegans do it for animal welfare, and what % for health reasons.

And the answer was?

[smithie6] 16/9/2021 09:02

chicken curry pie ?

[1tx] 15/9/2021 12:44

I see Naughty Vegan have added 3 Pies to their range including a Chip Shop Curry Pie,not yet on Morrisons list.

[9degrees] 13/9/2021 10:12

maybe the Emma raducano effect will work here
she likes chocolate and chocolate brownies !

[9degrees] 13/9/2021 08:50

Just topped up - results due later this month should be improving well

[tanners] 07/9/2021 10:47

After many years of having this on my monitor, decided to dip a toe today and got well within the spread, so as often the case, much tighter than quoted.

A slow burner, but rock solid on fundamentals.

Edited to add, actually got in at below mid, so showing as a sell.

[rivaldo] 26/8/2021 08:16

The moves up yesterday and today on relatively light volumes hopefully indicate that the seller(s)/profit-takers are now out.

The spread remains relatively attractive at present at 1300p-1350p compared to the usual 100p or so.

[jaf111] 13/8/2021 15:43

Ditto....just picked up some just before the close....trade not showing up yet!
Will add more if price remains at this level......
And stay patient!!!

[jamessmith23] 13/8/2021 15:23

Have dipped my toe back in here, feels like there is quite a good payoff because the market cap is fairly solidly backed by the assets but has upside if the businesses perform well. Has been treading water for the last year or so, will be interesting to see results soon.

[rivaldo] 12/8/2021 14:45

....apart from allowing long-term shareholders to realise large profits by buying them out at 1290p via the tender offer.....

.....and growing Shire Foods significantly via new investment, including buying Indulgence Patisseries.

Besides, the share price fall is only 15% from recent highs, which compared to many small caps recently is actually not bad at all!

I agree that having subsequently raised £10m at 1350p almost a year ago, the time for further action should be sooner rather than later. Though this may not come about, given the Landers' disinclination to make mistakes. As ever....patience is required.

The interims will be published next month, so not long to wait for news flow.

[yamaha865] 12/8/2021 07:01

Maybe the reason is they've sat on £10's of millions of cash for years and done nothing productive with it?

[greggphilips88] 12/8/2021 06:58

What's the reason for the recent sharp fall in the share price here?

[rivaldo] 11/8/2021 07:57

The current 1350p offer price is less than the NAV per share at 31/12/20 of 1365p (which is all tangible NAV).

So anyone buying at these prices are not only buying at less than tangible NAV, but they're also effectively getting the trading businesses of Shire Foods and Indulgence Pattiserie for free (since there's no value for these businesses in the NAV except their tangible assets)!

[smithie6] 10/8/2021 14:30

anyone tried the cheesecakes ?!!

-----

at football games, how many people are being allowed in ?

(that can then hopefully then buy a pie at half time !!)

[bozzy_s] 29/7/2021 18:16

^ Thanks EM

[eezymunny] 28/7/2021 16:33

100k of it it lease payments
The rest interest/bank charges

Don´t forget the cash pile sits almost entirely in the holding company. They´ll want to keep an efficient capital structure in the subsidiaries...some debt in a food manufacturer would be considered sensible (I think there´s still a mortgage over the Shire factory for example).

[bozzy_s] 28/7/2021 15:58

Quick question for anyone in the know. With cash of £23m and loans of £1m, why is this company paying £152k per year in finance costs? Surely just pay off the tiny bit of debt, and improve earnings by £150k per year?

[stemis] 29/6/2021 10:15

Yes, I already do (although he doesn't seem to have posted anything about the VLE AGM)...