Volvere Share Discussion Threads

[zoolook] 01/3/2022 09:10

Yes that’s what I’m referencing but it doesn’t explain how positive trading at Shire is a drain on cash. It’s obvious how capex and trading losses at Indulgence drain cash.

[rivaldo] 01/3/2022 08:23

The cash pile movement is specifically addressed in the RNS:

"the positive trading in Shire, offset by central costs, capital expenditure in new plant and the trading losses at Indulgence."

[zoolook] 01/3/2022 08:07

How does positive trading reduce cash? Increase in inventory? Recruitment costs?

[rivaldo] 01/3/2022 07:30

The trading update is out, and imo it's surprisingly good as regards Shire given all the supply chain challenges we know about (and which are listed today).

Shire's revenues are up 13% to £30.6m, and PBT is up a whopping 18% to £2.14m. This is now a considerable and proven business.

Indulgence saw revenues up a decent 21%, but it's still making a £1m loss. With the economy returning to normal hopefully VLE's investment will start to pay off this year.

The cash pile is at £21.9m against the £29m m/cap, with £13.53 of net assets per share.

JL says the the environment for acqiring is improving and he's loking for "food manufacturing" companies. The need for patience I noted in my thread header post remains.....

[eezymunny] 25/2/2022 08:09

I guess (and we can only guess) that things are currently tough for Shire/Indulgence zangdook. Just depends what's in contracts, and how quickly prices can be raised to maintain margins. Look at FIF results a couple of days ago, raw materials, energy, transport, warehouse, staff costs all rising.

Wouldn't surprise me if Shire struggling to make any profit at all. Things should normalise in due course and like a lot of companies, future contracts will be a bit more inflation proof (if not already).

I'm praying for some rubbish results.

[zangdook] 25/2/2022 08:03

I tend to leave this on the back-burner and only occasionally check the price. Is something happening here but I don't know what it is? Where does this staircase lead to?

[spob] 08/2/2022 14:56

Investing is really not for you, if you rely on Advfn for any financial data.

[samenic] 08/2/2022 12:16

Really just thought it was one side of switch/transfer at mid price.Not really expecting any fireworks at next update though🤞

[rivaldo] 08/2/2022 11:14

A sizeable £120,000 trade reported at 1200p this morning - perhaps a buy soaking up small recent sells at below that level over the last few weeks.

Hopefully the year end update will be out in just over a month.

9degrees, contact [e-mail] - it's usually worked for me in the past if I have a query re updating fundamentals.

[9degrees] 06/2/2022 10:10

why dont advfn update the financials here they are stuck at 2018!

[smithie6] 27/1/2022 22:31

Great news for Volvere out from Tesco.

Just use Google search to find all the info.

;-)))


------
To see some decent share analysis including calculations & conclusions/expectations due to those calculations ( & with no need to go off to search & read/research to do your own work using Google before the info in the post is of any use), check out the PXEN board. Post 634.
;-)

[jimmywilson612] 10/12/2021 14:25

Hi Zoo,

Thanks for your comment - seems like I needed to be on the call to answer some of my disappointments!!

I'm no-where near thinking of selling - but would be nice to have something to be excited about.

[zoolook] 10/12/2021 12:57

They’ve always been cautious and excitement is something that VLE rarely offers!.

Regarding shareholder engagement tyere was a shareholders Q&A in June (see my post 3619) and given only 6 or so shareholders logged I’d say there is an equal lack of Board engagement by PI’s. At that Q&A Jonathan Lander said that one of the prospects they’d made an offer on was an industrials business so they aren’t just looking at Food.

In general I’m not wild about Food manufacturing as it is low margin and the supermarkets have you by the nuts BUT in the current climate staples are less prone to covid related problems than most.

[jimmywilson612] 10/12/2021 12:33

The worry I have is the VLE is turning into more of a lifestyle business for the landers.

- No new Acquisitions even though capital in the bank
- Preference for food (why not look at other sectors?)
- Lack of any shareholder engagement.

Nothing to get excited about at the moment.

[wild bill] 06/12/2021 12:20

It's quiet in here

[rivaldo] 25/11/2021 08:52

Further to the news of Aldi's expansion, this from todays Daily Mail (and once again a quick Google of Shire Foods and Lidl will confirm for anyone who's not a long-termer here):



"Lidl plans 1,100 stores across Britain by 2025 after boosting staff pay and raking in billions of pounds in sales during the pandemic

Lidl has updated its store growth plans to 1,100 across the country by 2025
German-based discount supermarket still plans to have 1,000 stores by 2023
Lidl's sales jumped 12% to £7.7bn in the year to the end of February, figures show
Rival discount supermarket Aldi also has plans to boost its store numbers

By Jane Denton For Thisismoney

Published: 09:32, 24 November 2021

"Bosses at the German-based discount supermarket said they expect to reach their target of having 1,000 stores by 2023, and set a new target for 1,100 sites by 2025."

"The German grocer currently has over 880 stores across the country, having already opened 55 new outlets since the start of this year. In total, the grocer will open 240 new supermarkets."

[zoolook] 22/11/2021 10:05

It was suggested you google their long-standing relationship with Aldi. Rivaldo even gave you the keywords to google FFS. It would haven taken 5 seconds to type - much faster than your posts doubling down on your tripe.

If in a hole stop digging.

[zangdook] 22/11/2021 09:33

Smithie6

You've just written a long post (3612) but you haven't explained for newcomers what exactly you're complaining about. Where do you get off expecting readers to go back and do some research before your post can be understood?

[rivaldo] 22/11/2021 09:19

You can lead a horse to water.....

I'll leave those who don't know the expression to Google the rest.

[smithie6] 21/11/2021 19:49

yawn

if people post useful posts I might applaud

& for bad posts I might criticise.

Knowing info & only posting 1/2 of it to just leave people in the dark, & just produce more questions, is a bad post imo.
Another poster later added info in a subsequent post from 2019 which helped provide the missing info from the post from someone else in 2021.
Did that take 2 days ??

Anyone posting stuff & expecting readers to have to read through company news for the last 2 years "before" the post can be understood, or try to piece together a jigsaw before a post can be understood

imo is basically 'wrong'.

Each to their own opinion.

(imo
if a poster has a point to make, then make it !
spit it out !!
& give some logic or data to back up the points made

& imo avoid making a point 'out of the blue' without giving any justification to support the point made

if any other posters don't agree with me, well, each to their own view)

[norbert colon] 12/11/2021 09:55

Riv. I've had him muted for a couple of years now - best thing to do to clear up these boards which get spoiled by such posters.

[rivaldo] 12/11/2021 08:54

Thanks for the support chaps. I don't suppose Smithie6 will apologise for ridiculously upping the ante by calling me a liar and then being proven wrong. Or for not bothering to do as I asked and spend 5 seconds Googling the answer. Perhaps he can reflect on not having received any support whatsoever here, and have a think about why that is and what it shows about him.

[galles] 11/11/2021 17:07

There is no requirement or responsibility for anyone to share anything, it's done out of goodwill and selflessness. If you deem the info to be insufficient, simply ask for more, instead of insinuating that others are giving misleading information. Why act so entitled? Your behaviour will lead to others asking themselves 'why bother?'

[zangdook] 11/11/2021 15:54

"you might need to read all the posts"

"A poster can not, should not, expect all readers to read back..."

No-one's expecting you to do anything you don't want to, but if you want some help with your research, ask politely.

[zoolook] 11/11/2021 15:52

All I did was google: “Aldi Shire Foods” as Rivaldo suggested in order to get to that article in less time than it’s taken me to write this post