Victoria Share Price (VCP)

The scribblers will write what they're told to, but the word coming back from the producers is that things are dire. It still hasn't dawned that we are making ourselves increasingly poorer by pursing nut job energy policies. Perhaps that's what the elites want.

Here is a link to an article on the front page of the business section of The (UK) Times today, “Growth at a ‘turning point’ as economy gains momentum”.

https://www.thetimes.co.uk/article/289cd3d9-9591-4638-911b-2adbb0c7b70c?shareToken=1845c0b7c76e627bab3496e88a457567

Not sure where you are looking for your information Mohawk are over 50% up over past six month on their sp.

However I do agree with your assumption around pick up in demand vcp are best placed to make hay when the sun shines. Headlam look rudderless likewise are top heavy.

Clearly VCP has suffered over the last 18 months or so from the large drop in flooring demand, just like Headlam, Tarkett, Mohawk, Forbo, etc.

However, cyclical businesses are cyclical, and all the leading indicators for a demand recovery - mortgage approvals, house prices, housing transactions - are showing big gains in VCP’s major markets - UK, USA, and Australia - since early 2024.

Only Europe is still subdued, but that may change in the near future as inflation is now just 2.4%, which suggests the European Central Bank is likely to follow the other central banks and begin to cut interest rates mid-year.

With that outlook the downside risk is very low and the upside potential significant. A demand recovery is probably only months away, and when it comes VCP’s earnings and share price will move up sharply.

It says a lot about VCP and their confidence that they are continuing to buy shares, even at yesterday's price of £2.53, so they have already made a gain of 10% on these trades, and close to 20% on previous deals done at £2.35. The share price has been marred by speculation and a bit of controversy (which has been addressed) but does not really affect the drop from the previous heights it was at. It will make very good reading for the future if these shares purchased at £2.50 and below go back to £3-£3.50, future financial reports will be set to make the company a huge profit. If you look at the UK operation alone, the continued investment made, in their manufacturing plants and transport systems, is a good sign there is potential growth in this share. For anyone looking to invest a portion of their portfolio on a higher risk level for the long term, there is an opportunity to make a good return on this.