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 Shares Traded Last Trade
  +20.00p +2.17% 940.00p 6,454 12:04:14
Bid Price Offer Price High Price Low Price Open Price
910.00p 970.00p 940.00p 920.00p 920.00p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 43.4 3.5 56.4 16.7 34.48

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Volvere (VLE) Discussions and Chat

Volvere (VLE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2018-06-19 16:07:14940.005004,700.00O
2018-06-19 15:07:07911.00105956.55O
2018-06-19 14:51:55911.005004,555.00O
2018-06-19 12:14:13910.151,20010,921.80O
2018-06-19 12:03:48950.001,0009,500.00O
View all Volvere trades in real-time

Volvere (VLE) Top Chat Posts

DateSubject
19/6/2018
09:20
Volvere Daily Update: Volvere Plc is listed in the General Financial sector of the London Stock Exchange with ticker VLE. The last closing price for Volvere was 920p.
Volvere Plc has a 4 week average price of 910p and a 12 week average price of 900p.
The 1 year high share price is 1,035p while the 1 year low share price is currently 695p.
There are currently 3,668,363 shares in issue and the average daily traded volume is 812 shares. The market capitalisation of Volvere Plc is £34,482,612.20.
16/5/2018
12:02
rivaldo: Surprised to see some sells over the last few days, particularly as the results will be out in only 9 days' time on 25th May. We know that they will be stellar, with an £18.4m cash pile - and look what happened to the share price after last year's results! As a reminder.... "The Group expects to report record revenue of approximately £43.2 million (2016: £33.0 million) and profit before tax of £3.22 million (2016: £1.94 million)."
30/4/2018
08:53
rivaldo: Results are on 25th May, so not long to go. Incidentally, it was good to hear Graham Neary mention at Mello last Friday that VLE was his largest holding. Melf, sometimes people buy 1 share so that they're entitled to attend the AGM (though in my experience most AGMs are unrestricted anyway). Michaeljames1, certainly the outlook will help things along, but I often find that the confirmed numbers help people crystallise their thoughts. In VLE's case in particular, the numbers always lead to reflection on the true NAV of the group - just look at the spike post-results last year. We're pretty much all of the same opinion that the true value of the subsidiaries and cash pile is much greater than the current share price, and the upcoming numbers should once again confirm this.
20/3/2018
22:46
rivaldo: FYI Simon Thompson (of the IC) has written this rather bullish piece on VLE: Https://www.investorschronicle.co.uk/comment/2018/03/12/bargain-shares-beating-the-market/ "Volvere’s record results Shares in Aim-traded investment company Volvere (VLE:1,000p) surged to within pennies of a record high after an eye-catching pre-close trading statement, thus justifying my buy recommendation, at 810p, last autumn (‘Exploiting hidden value’, 25 Sep 2017). I included the shares, at 419p, in my 2016 Bargain Shares Portfolio, so the holding is now up more than 125 per cent on an offer-to-bid basis. The share price move is fully justified, too. That’s because the company’s latest NAV of £26m, or 656p a share, includes cash of £18.4m, so Volvere’s three investment holdings are effectively being valued at just £7.6m even though pre-tax profit for the 2017 financial year surged by two-thirds to £3.22m on record revenue of £43m. The performance of Impetus Automotive, a provider of consulting services to the automotive sector in which Volvere has an 83 per cent stake, was the key driver. The business almost trebled its pre-tax profit to £3m on revenue of £27.1m, reflecting an improved client focus, staff efficiencies and a major contract for the management and delivery of a large automotive manufacturer's learning and development activities in the UK. Impetus is being chronically undervalued in Volvere’s accounts, accounting for only £3.3m of the company’s NAV, or just one times the subsidiary’s annual pre-tax profit. It could easily be worth £15m or more in a trade sale, or more than 400p a share in my view. Moreover, Volvere’s businesses are cash generative, which is why the board was able to spend £3.46m buying back 10 per cent of the share capital last October. But cash on the balance sheet only declined by half that sum over the course of last year. Ahead of the full-year results on 25 May 2018, I would definitely run your bumper profits."
12/3/2018
13:25
rivaldo: Simso, I agree completely and have raised the subject of research coverage on two or three occasions with the Landers. Their view is always that the share price will find its fair value over time and doesn't need any external help. I disagree, for the same reasons you've outlined. The easiest route to gain coverage would indeed be a paid-for note from Equity Development, Edison etc, which would set out clearly and succinctly the profitability of the investees and the asset base in cash and property. It wouldn't have to even point at a specific fair value, but simply conclude that the value of the assets was likely to be some way north of the current share price. Then readers could come to their own valuations based on the evidence.
12/3/2018
12:25
zoolook: I guess there is no benefit to them or the company to push the share price
12/3/2018
11:40
simso: If the Landers wanted the share price to be higher / increase Liquidity, I think one route to achieving that would be the commissioning some paid research. As things stand, busy Fund Managers and also PI's who scan conventional metrics like PE Ratios (VLE is 25 on LY numbers), Dividend Yield (0%), PTB (1.4), ROCE (8%), FCF Yield (4%) etc etc. None of those convention metrics would point you to the exceptional value on offer here. It is a Unique company, and it takes some work and proper analysis, specifically a SOTP style valuation, to properly appreciate it. I suspect the Landers are not that bothered and would not want to spend the money on a piece of paid Research from an Edison or Whatman Howard, but I do think this is a company whose share price would benefit from one.
26/2/2018
11:15
hpcg: It is simple liquidity risk in action. I think everyone that doesn't realise, needs to realise, that there is no way to make a quick exit here without moving the price, just as you likely found out there is no way of buying in without moving the price. With the spread even at this price one would barely be making a turn having sold at the top and buying back now. That is the nature of this share. One can either live with the risk or avoid, there is no way of wishing it away. The cheap share price is the quid pro quo for the liquidity risk; the market doesn't give something for nothing.
24/1/2018
13:35
dsct: Hit £10.00 (offer) at last ! Been like watching paint dry ! lol (only joking) Coming up to having held these for 8 years (next month). Was a largish (at the time) buy for me, based upon a lot of other investor's research and much less DYOR and knowledge from me. Not bought or sold any during that time. Taken until earlier this month to 3-bag. Now vying for top slot in my 'folio in regards to largest holding by value. SP has taken off, more recently : +100% since 500p in Oct 16 +30% since Sep 17 +10% since Start of this month Looks like the best buying opportunity (CAGR% wise) was the slight dip March 17 at 510p(?). As a novice investor, the two main lessons from VLE are: Run your 'winners' - just because a stock has bagged, doesn't mean it won't again and only sell when story changes. DYOR - or in my case DMOYOR (Do More Of Your Own Reasearch) :o) A smaller lesson, is that the volatility of a share price increases dramatically with the quantity of posts on its ADVFN board(s) lol Apologies for increasing the posting-traffic on this board, but wanted to thank all the posters here for their insights and analysis. GLA for 2018 and beyond.
02/1/2018
15:44
rivaldo: Happy New Year to everyone here. Encouraging by VLE's standards to see £50,000 of trades already today and no share price movement. One could almost describe it as "liquidity" for possibly the first time in VLE's history :o))
27/10/2017
15:11
simso: That will teach me for going out to lunch on a Friday! Come back to see the Board discussion of 10p spreads and chance to buy below £8...which have obviously now disappeared. That will teach me! VLE is the only share in my portfolio where I worry little about the share price. I think its value is c£14 based on SOTP, and weakness in the share price is only something to pleased about because its an opportunity to buy a few more, which I have just done again! Strange that someone wants to sell, when they could have got a clean £8.35 with no commissions only two weeks ago. As rivaldo says, the only logic is if its a PI desperate for cash. Rivaldo - I dropped you a pm a couple of weeks ago, which you may have missed while on holiday!
Volvere share price data is direct from the London Stock Exchange
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