Vp Share Discussion Threads

[rhomboid] 02/8/2017 11:21

Yes ..and they were overstretched financially and exited in 1996 from the US platform rental market, selling American Hi-Lift to Primeco for £44.6m to reduce gearing.

[sleepy] 02/8/2017 10:43

Did VP (Vibroplant) go into the US in the past? Did it end in tears?

[felix1] 01/8/2017 15:04

A good update with the AGM results today. The usual understated tone of the Board, while this excellent business maintains its strong performance. UK stable, including continued high activity in house building alongside the bedrock of infrastructure & construction. New acquisitions started well. Fledgling Australia / Asia Pac test & measurement business going well. This is the most significant news as this is the first time VP has established a significant overseas business. They seem to have managed that Aus acquisition as well as they've been doing for years with many U.K. acquisitions. Very clearly signalled on target results to come for 2017, which will therefore mean significant growth over 2016, and 2018 already started well. Thanks VP.

[felix1] 06/6/2017 12:15

Excellent results. Good progress in U.K. both organically and through acquisition. Progress in Aus with recent acquisition bedding in nicely. Oil sector starting to show signs of recovery. Above all the outlook statement was positive despite VP mgts usual considered style. UK outlook good buoyed by need for housing, AMP6, rail electrification & new acquisitions. Aus outlook good supported by increased Aus Govt spend on infrastructure. Oil & gas recovering. European foothold small but growing. This share has long been a good bet: low risk due to the infrastructure element, well run with consistent growth but now the international opportunities add a new dimension. Compares very favourably with the rest of the equipment hire sector, most of which have a higher profile.

[kirkie001] 06/6/2017 12:00

From the headlines, really good results.

9,000 shares traded by noon.....

[ed 123] 06/6/2017 08:06

Earnings came in about 5% ahead of consensus. Shares marked 5% higher at opening.

This has been a reliable holding for me. No plans to sell any.

[felix1] 05/6/2017 16:39

This is ticking up nicely ahead of results in the morning. Likely to be an improvement in the Asian oil related business and should be positive news from Aus on synergies and growth in the businesses in that region.

[brummy_git] 10/4/2017 05:59

New research out from Equity Development

www.equitydevelopment.co.uk/edreader/?d=%3D%3DQN4IjM

[felix1] 28/2/2017 15:52

Good move I think Woody. Trading update imminent. Expecting positive news re oil price recovery and Aus.

[woodcutter] 28/2/2017 15:28

took an initial position today hopefully will build over time. last H1 results looked promising.

woody

[felix1] 17/2/2017 15:47

Rhomboid - don't be square!I agree re the U.K. business. There's a clear model to acquire complementary businesses to widen their offer, which they've executed well, but I think they are quite choosy and seek out value, so growth in the U.K. is likely to continue to be steady and low risk. The addition of another market in Aus is more likely to catch the attention of institutional investors however. Though I suspect the 51% family holding might be a factor there.

[rhomboid] 16/2/2017 16:57

I'm a happy holder too, I agree re Oz & NZ opportunity but I think there's more opportunities in broadening the niche businesses in the UK , I liked the powered access biz they bought recently and would hope they can pick up other bolt ons.

[felix1] 16/2/2017 16:48

I'm amazed that there's not more interest in this stock. Good growth, solid dividend, underpinned by long term infrastructure projects. Has repeatedly demonstrated resilience to fluctuations in the economy. Now with the prospect of a new growth market in Australia where they could replicate their U.K. model. There is some risk in that move but VP were very patient in finding the right acquisition and have a good record of acquisitions to date. The last update gave a solid report on the early days of the Aus division and there are clear synergy savings to be had with their existing business in that region. With the rise in oil price and increased activity in the oil sector, the VP division focussed on oil should be picking up too. Looking forward to the trading update around 24 Feb.

[felix1] 20/1/2017 11:46

I suspect it might be the bidding war for Lavendon (LVD) which has more than doubled its price over the last month raising awareness of this sector. VP is one of the better quality stocks in the equipment hire sector but has always been rather under the radar, despite its solid dividend and track record of consistently increasing profits through periods of recession and low oil prices. Or maybe someone has got wind of encouraging results from the Australian acquisition. I've always been impressed by VP's ability to integrate acquisitions. Whatever the reason, VP is now reaching new highs.

[bigbertie] 20/1/2017 11:13

hey....what's happening?

[rhomboid] 29/11/2016 12:32

Kirkie...you have seen the Results RNS haven't you?

[kirkie001] 29/11/2016 11:52

Unlike this company's share price to get so excited!
I can't believe it's down to paid for "research" published by Equity Development - is there some other reason?

[brummy_git] 29/11/2016 09:39

New research out today from Equity development.

hxxps://www.equitydevelopment.co.uk/edreader/?d=%3D%3DwNyIjM

[ed 123] 23/11/2016 14:03

Agree. :-)

[rhomboid] 23/11/2016 13:51

Jeremy Pilkington has 50.33% of shares , whatever he decides to do the rest of us will be carried along with. My guess is this 60 yr old company will be under family control still in another 60 years.

[ed 123] 23/11/2016 13:41

Not me. I'm holding VP and I think it highly unlikely it will be taken over.

[mammyoko] 23/11/2016 13:31

Any other holders here think TVH could turn their attentions onto VP if they fail to secure LVD? It's a better quality business that LVD with much better operating margins

[brummy_git] 28/9/2016 08:54

New research out from Equity Development

file:///C:/Users/Paul%20vostro/Downloads/1475048980.pdf

[hannahh] 14/9/2016 11:22

If you would like to hear Neil Stothard,Chief Executive, provide an update on Vp he will be presenting at our next investor forum on the evening of Wednesday 28th of September. Also appearing will be the management of Benchmark Holdings and Venture Life Group.

To learn more about the forum and to register for free please follow this link:

Thanks,
The Equity Development team