Vt Group Share Discussion Threads

[what is a login ?] 05/12/2006 12:33

Here's a note from yesterday's investorease. I think VTG is hoovering up government contracts. This one for training pilots could be cloned with overseas governments. The problem for VTG imo as far as analysts is concerned is that they like to identify a core business. VTG as far as I can see likes to have several irons in the fire.

30.11.06 :-1.25, (449) announces that Ascent, the 50:50 Joint Venture between VT Group and Lockheed Martin UK, has been selected as Preferred Bidder to provide military flying training to the UK Armed Forces for the next 25 years. The total programme cost is estimated at £6 billion and will commence with initial service provision to support Advanced Jet Training operations, following anticipated contract closure during 2007. Thereafter, other training capabilities will be subsumed incrementally until full service provision is achieved. Ascent will partner with the Ministry of Defence to provide comprehensive training to all UK military air crew for the Royal Navy, Royal Air Force and Army Air Corps. The training programme will cover pilot and rear crew specialisations. VT Group Chief Executive Paul Lester commented: "This is a major boost to our military support activities and establishes VT as the UK's leading training provider in military aerospace. Through Ascent, we will develop this into a long-term partnering arrangement with the MoD that will provide improved capability for the Armed Forces. We have also signed an agreement with Lockheed Martin to offer the same Training Systems model to a number of other Governments around the world, which could generate substantial revenues in the future."

[one for the money] 01/12/2006 12:10

Exited at 485 and waiting for it to stabalise - it could still go to 420.

IMHO...a good solid company with good order books an worth every penny of the current price. Divi OK too.

Cheers
John

[bobp] 30/11/2006 18:36

Can anyone give me a brief summary of the state of play here please?
Looking at perhaps buying a few..
Thanks!

[what is a login ?] 27/11/2006 15:53

That's what I thought Jezbel. I'm holding as these are only a small percentage of my portfolio otherwise seeing the share price down as it is today (453p)I would be concerned. This is a company with a very good track record. I'll just leave things be and enjoy the divis as they come in. Fluctuations. Fluctuations. zzzzzz!

[jezboy1] 24/11/2006 21:13

380 is an insane price prediction IMHO

[what is a login ?] 24/11/2006 13:15

The contract is nothing to do with shipbuilding but belongs to the 'education and skills' sphere. There is a consideration of £25 million which sounds significant to me and the contract is already gererating revenue. A lot of analysts seem to think that companies should not diversify but focus on a single core activity. Then there is a 'chartist' analysis I saw on the Selftrade website a couple of weeks ago predicting a fall for VTG, poerhaps to as low as 380. I think the logic was that what goes up must come down. Something that isn't always true in markets. The trend is that more and more patrol boats and the like will be needed imo and I think VTG has a good track record in this field.

[dolphy] 23/11/2006 08:22

following RNS re.contract win - mot sure that this is one of the "awaiting outcomes" mentioned in the interim results, but good to see all the same.

RNS Number:5625M
VT GROUP PLC
23 November 2006


VT GROUP SIGNS CONTRACT FOR GREENWICH BUILDING SCHOOLS PROGRAMME

[jezboy1] 20/11/2006 14:11

I agree with the fundamental analysis - but the chart suggests heavy
selling pressure - fact is the trend is down, and if this closes
below 470 (haven't done that since the bad old days of July when
the whole market was doing poorly) then I think we can expect further downside.

460 gives decent support on the recent big dip, but who knows?

IMHO

[what is a login ?] 20/11/2006 12:08

I suppose it's a fair comment, even though I don't trust IC. The price in the market is determined by what people are prepared to pay. So 'good value' could apply to anything. I would say the shares at 470 are beginnig to look cheap.More specifically I am perfectly happy with the increase in profits shown in the results. The share price can't go up all the time. Sometimes punters get greedy. I don't worry about fluctuations. As long as it's over 500p next year, and I don't see why it shouldn't be. Provided the order book keeps on filling up...

[dolphy] 17/11/2006 11:01

Today's Investors Chronicle, commenting on this week's results, suggests the shares are "good value".

[what is a login ?] 15/11/2006 12:38

If the ship contracts come in in the next few weeks this will carry on its jagged climb to 600p in 2007. Patience is a virtue.

[reeshar] 14/11/2006 20:03

There have been plenty of overdone sell offs recently and I too am hoping for a bit of a recovery tomorrow, but there are a number of large late trades, mostly below the quoted bid price, which leaves me fearing the worst for tomorrow morning. Either way I'll probably cut my losses and sell. There are a few much safer havens for my money.

[what is a login ?] 14/11/2006 18:12

This is a long term play for me. (Although I can see scope for range trading - which I am no good at) I only wish I had known about the company two or three years ago. VTG have an impressive track record of increasing profits and dividends (but they are not always good at transmitting the BBC World Service which in Italy is full of interference for some reason). I am surprised at the broker who advised selling a year ago at 420 and at the way the thread went quiet - while the share price continued to rise!

[dolphy] 14/11/2006 10:04

Results were ok, but nothing exciting announced, only that future growth is dependant upon result of 3 key bids, the result of which should be known sometime in the next 6 months. Probably playing it safe - better to under-promise and over-deliver than the other way around. Suspect today's fall has been overdone though.

[what is a login ?] 14/11/2006 09:38

I invested a small sum a few months ago. Good results today have sent the share price plummeting. The phenomenon is most perplexing.

[reeshar] 09/11/2006 23:28

If it wasn't for the interims on 14th I'd have sold by now. Chart looks pretty poor. I hope they've got a nice surprise for us.

[reeshar] 04/11/2006 23:33

Month plus the share price and momentum indicators are going down, but looking better over past week. I hope there's good news in interims on 14th otherwise I'll move on to something on a better uptrend.

[jezboy1] 29/10/2006 12:44

thanks! have a good sunday.

[trexpert] 28/10/2006 22:37

Their web site they e-mail when they have news.

[jezboy1] 27/10/2006 21:58

where is your source trexpert?

[trexpert] 27/10/2006 18:28

Nice little order from French Navy for 20 RIB boats. No value given.

[jezboy1] 27/10/2006 12:42

I was frantically putting in a buy order!

Got one in at 472.5 :-)

volumes were the give away.

[one for the money] 27/10/2006 12:40

Yes - looks a bit like that now - but big ones! When I posted (post 52) at 460ish I was frantically searching for some news!

Cheers
john

[jezboy1] 27/10/2006 12:29

fat-fingers maybe?

[one for the money] 27/10/2006 12:16

OK- whats happenned?