Vp Share Discussion Threads

[andyh78] 20/11/2006 10:49

An interesting read, I disagree that the share price move will be slow however.

Ths share price has consolidated in triangular form since the May crash, and triangle breakouts tend to be quite spectacular.

As we move from a historic EPS to a prospective one, EPS of 21.9 * a P/E of 17 gives a share price of 372p, which I feel will be reached sooner than mister Motley Fool beleives.

[cwa1] 20/11/2006 09:44

Nice review over on The Motley Fool that is worth a look IMHO:-

[petersinthemarket] 16/11/2006 16:57

>>Ed 123
>>AndyH78

Tks both - will take a proper look later.

[andyh78] 16/11/2006 15:33

Peter, when bollinger bands become extremley tight, it is normally follwed by an explosive breakout.

Check out CCT over the last couple of month, the Bollinger Bands are easier on muneyam charts.

[ed 123] 16/11/2006 13:54

Bollinger bands :-

[petersinthemarket] 16/11/2006 13:46

Dont understand last post - Pls explain bollinger bands and significance.
Tks.

[andyh78] 16/11/2006 11:47

Spread slowly tightening, as are the bollinger bands!

[petersinthemarket] 14/11/2006 19:29

sorry - hit button twice in my excitement.

[petersinthemarket] 14/11/2006 19:29

Forming strong new support at 280p, with least resistance on the upside.

Looks promising, but a lot of work to do to regain 370p of April 2006.

3 weeks to go for interims - Lets hope they are something special.
PIM

[diogenesj] 14/11/2006 17:23

Yes, I think you could be right, Andy. And about time too. :-)

[andyh78] 14/11/2006 16:34

Opened a spreadbet at last minute, chart looks ready to blow.

[andyh78] 14/11/2006 11:26

I'm looking to get in here if I can release funds over the next couple of days.

Lovely pennant on chart, set to break very soon.

Acquisition on P/E of 5.5 suggests strong shrewd management.

[petersinthemarket] 10/11/2006 16:29

sp holding up well at 290/294.

Volumes very high around the million mark (normal average around 75k max).

Still trading sideways and looking for a breakout.

Last trading statement 4 Oct said:

''In the first 6mths the Gp has delivered significant growth and traded in line with expectations......successfully integrated the four large acquisitions....overall we are very pleased.....well positioned to deliver another year of progress''

Interims due 4 December so should get support over the next couple of weeks.
PIM

[green sand] 10/11/2006 13:02

Another big chunk on the move, anybody got any idea of what's going on?

[diogenesj] 06/11/2006 20:45

At least it finished up, after that unexpected dip this morning. Perhaps someone taking the opportunity to sell a large holding.

[ed 123] 06/11/2006 11:19

Agree, looks a good buy. Huge turnover in shares this morning (7% ish), especially considering how tightly held these are.

[diogenesj] 06/11/2006 08:53

Looks quite a good buy, on a PE of 5.5x, so I'm not sure why the share price has reacted so badly.

[tartan_penguin2] 06/11/2006 07:07

Some news:

Vp plc
('Vp' or 'the Group')
Acquisition

Vp plc, the equipment rental specialist, today announces the acquisition, by its
tool hire subsidiary Hire Station, of the entire issued share capital of MEP
Hire Limited ('MEP') for a cash consideration of £3.3 million.

MEP, based in Scotland, specialises in the rental and sale of press fitting,
electro fusion and pipe threading machines on a national basis. The acquired
business will operate within Hire Station alongside its existing activities.
All of the employees of MEP will transfer to Hire Station, including the highly
experienced management team who have established a strong track record in this
sector and who also have long standing experience of the general tool hire
market.

For the year ended 31 January 2006 MEP reported profits before tax and
exceptional costs of £0.6 million on turnover of £2.4 million.

Jeremy Pilkington, Chairman of Vp plc, commented:

'We are very pleased to acquire the MEP business which will complement Hire
Station's existing activities. The business fits our core criteria of being
specialist with a strong market share in its chosen field. We look forward to
working with the MEP management in continuing the excellent growth which they
have delivered over recent years. More broadly, this acquisition for Hire
Station reflects the significant progress that continues to be made in our tool
hire division.'

[petersinthemarket] 31/10/2006 09:20

Vp plc, the equipment rental specialist, will be announcing its Interim Results for the six months ended 30 September 2006 on Monday 4 December 2006.

[petersinthemarket] 29/10/2006 17:30

''petersinthemarket - 392 of 392 - Still trading solidly sideways, as it has been for many months, but interestingly the trading channel is getting very much narrower.........''

If it becomes much narrower it will be a straight line!

Come on VP - shake yourself up.

Hows things down the pub Robbie?
PIM

[cailin] 17/10/2006 06:35

So,,,,,,,,,,,,,,,,,,Has anyone used it???? Or any other suggestions?

[petersinthemarket] 16/10/2006 20:49

Still trading solidly sideways, as it has been for many months, but interestingly the trading channel is getting very much narrower by the week.

At the end of May2006 support was at 255 and resistance at 320, a range of 65p.

Now its its more like support 280 and resistance 300, a very tight range of 20p.

Something just has to give soon, perhaps very soon, even before results.

The share price has an important decision to make during the next couple of weeks.
Lets hope the break is upward.
PIM

[petersinthemarket] 04/10/2006 12:34

Unexciting is probably good enough during October when mkts can sometimes be a bit jittery. Gaming shares debacle hasnt helped much.

But really I would hope for a bit more than ''in-line'' when the real figures are announced.

Maybe April2006's 370p was getting a bit ahead of itself, but we have traded pretty solidly sideways at mostly less than 300p since then, and VP is actually a better company than this implies.

Roll on Interims - 1Dec2006 I believe.

[diogenesj] 04/10/2006 08:32

Decent but unexciting trading statement today: trade in line, pleased with progress.