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VTG VT Group

795.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
VT Group VTG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 795.00 00:00:00
Open Price Low Price High Price Close Price Previous Close
795.00 795.00
more quote information »

Vt Group VTG Dividends History

No dividends issued between 29 Mar 2014 and 29 Mar 2024

Top Dividend Posts

Top Posts
Posted at 23/3/2010 07:33 by spob
of course another company can make an offer for VTG

just wondering who would be motivated to do so
Posted at 28/2/2010 15:54 by togo2
Pressure from institutional investors for vtg to open books to bab,article in todays Sunday Times.
Posted at 17/2/2010 15:04 by steadyitgoes
New report on VTG:
Posted at 14/12/2009 15:11 by a0148009
Probably why VTG have been a soft market over past month, however I don't see any need for a rights issue as they have the major part in cash and the rest in bank facilities for acquisition up to £400m. Can only think market feel they may pay too much or the usual shorters. Have bought modestly at 525p and will wait before next move. VTG first class business and management - think further downside limited unless whole market sells off.

AO
Posted at 14/12/2009 13:56 by what is a login ?
I found this press release from Mouchel (Epic= MCHL) I expect the VTG share price to rise if they walk away, but will they?

RNS Number : 0437E
Mouchel Group plc
14 December 2009
(...)
Statement in response to press speculation

Following press speculation yesterday, the Board of Mouchel Group plc ("the
Company") confirms that it has been in receipt of two unsolicited approaches
from VT Group plc to acquire the entire issued and to be issued share capital of the Company.

The Board believes these approaches to be wholly inadequate and at a level which substantially undervalues the Company.

The Board has discussed these approaches with its advisors and has unanimously
rejected them.

The Board understands that VT Group plc remains interested in pursuing a
transaction.

Contacts:

Finsbury +44 (0) 207 251 3801
Mike Smith
Charles Watenphul
Gordon Simpson
(...) END
Posted at 13/7/2009 17:41 by tourist07
What is not clear to me is whether the "working capital injection" is a loan or a permanent adjustment to the share price.

It seems to me that for it to be a permanent adjustment, it would need to be a permanent increase in the working capital requiements of the JV which I imagine would be quite hard to calculate/prove.

Agree with you marvelman, its a horse trade ... but no doubt VT will close the stable door behind them .... :)

I think that a share price drop of 30% since Jan is overdoing it especially when the prospects for govt outsourcing are arguably stronger. Once the share prices stops sliding, I will be looking to add below £4.50. Meanwhile, a divi is a small compensation.
Posted at 29/6/2009 09:14 by tradertrouble
That sounds like good news.

Am I also right in thinking that if VTG sell their 45% stake for £380 million, then they could use that money to effectively pay of long term debts. When you include current cash at bank, it gives the company a strong balance sheet, together with a PEG of less than 1.

Looking good IMV.
Posted at 26/6/2009 16:28 by barbudo viejo
been in and out of this one, and back again. Price seems reluctant to move north of 5 pounds, despite good results and positive broker sentiment. Slow on the newsflow, but steady and stolid with a good business plan. Barring any contracts falling through or some balls-up on the divestment of the ship-building, we should be able to look forward to steady share price growth, even with a correcting market. In the short term, hoping for a gentle rise into ex-dividend date in early July.
Posted at 27/1/2008 23:57 by tourist07
Hi merob, well I certainly hope not. And having held this far, and through the Interim Statement, I hope we can at least stabilise.

At the risk of stating the obvious, its down to newsflow on the Carrier contract at the moment. V. political, which is not an ideal place to be. If I had to make a guess (which is all it is) I would say that the Carrier Contract will be postponed for a year. This would:
a) allieviate the current PSBR issue which they clearly have;
b) be less of a "climbdown" than pushing it out 2 years - "stability" and all that;
c) enable the JV to move forward - lets not forget that this whole JV has been driven by the MOD

Personally, I suspect the financial impact on the JV will not be that great. I mean all the shipyards are busy at the moment. We will then have to wait while the analysts pore over the numbers and lets see where we get to. Investors in VTG and BAE are used to taking long term views.

My slight worry is that, in this 12mth postponement scenario, the MoD will try to keep some "wriggle room" ... why wouldn't they? If its too much wriggle, it could keep the share where it is for some time.

Just my thoughts, keen to hear others.
Posted at 27/1/2008 08:36 by merob
What next for VTG...further downside?

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