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Buy -- but think i will now sell - and take almost 200% profit - gl all holders
I did predict 200p here but the manner in which the price has got there seems very strange. All these big buys from nowhere. Either they've got wind of something or the share price could go straight back down to the 130p approx mark because there is still a lot to do to justify this valuation. Look at the market capitalisation and then look at the annual turnover. As far as I am concerned this is a good time to get out of a thinly dealt share with ( normally) a large spread.
Premier Veterinary Group plc (formerly Ark Therapeutics Group plc) comprises of three groups of branches based in Bristol, on the North Kent coast and around the West Midlands, Shropshire and Gloucestershire. There are 15 practices in total and are known locally as Zetland and Thanet Veterinary Groups. Zetland Veterinary Group – is a cluster of practices based mainly in the central and north-west sector of Bristol. It comprises of a main hospital in Zetland Road and seven feeder branches, with 89 employees, including 20 vets. The group handles its own Out of Hours service with dedicated night nurses and the use of daytime vets. The group performs surgical procedures at six of the eight premises and has X-ray and ultrasound facilities at four of them. Complex surgical and diagnostic procedures are referred back to the hospital, which also has its own internal laboratory. Thanet Veterinary Group – is a group based on the North Kent coast, consisting of the main hospital in Margate and two feeder branches in Birchington and Westgate. The practice has 22 employees, including 4 vets. All surgery and diagnostic procedures are performed at the main hospital, which is equipped with X-ray, ultrasound and internal laboratory facilities. Bearwood Veterinary Group - consists of 2 clinics in the West Midlands. Bearwood, which is situated in Smethwick, near Birmingham City Centre, and the other in Maypole. The group has 15 employees, including 4 vets. The clinics have dedicated and friendly teams, committed to providing excellent professional care, with the latest veterinary clinical technology.
The Board remains confident in the Group's prospects and in its ability to deliver the expansion strategy." HIGHLIGHTS · Disposal -of wholly-owned subsidiaries, Zetland Limited, Thanet One Limited and The Veterinary Clinic (Bearwood) Limited (the "Veterinary Business") for total consideration of £6.5m in December 2015. £1m placed into escrow to cover potential liabilities under warranty and indemnity provisions in the sale and purchase agreement, expected to be released in December 2016. · 22% increase in contracted clinics with 1,076 clinics in UK, US, Republic of Ireland, Denmark, the Netherlands, France and Germany at year end (30 September 2015: 880). · 33% increase in total revenue from continuing operations (Premier Pet Care Plan and Premier Buying Group) to £2.99m for the year ended 30 September 2016 (30 September 2015: £2.25m). · 75% increase in global revenues from Premier Pet Care Plan to £1.87m for the year ended 30 September 2016 (30 September 2015: £1.07m). · 70% increase in pets on plan with 139,000 on plan at 30 September 2016 (30 September 2015: 82,000). · 53% increase in pets on plan in the UK to 121,000 at 30 September 2016 (30 September 2015: 79,000). · 77% increase in the number of global direct debits processed to 1,402,000 in year ended 30 September 2016 (30 September 2015: 794,000). · Revenue generation from Premier Buying Group steady at £1.1m for the year to 30 September 2016 (30 September 2015: £1.2m).
Loads of reasons For the next 5 years growth Ship
Good reading.... http://www.iii.co.uk/articles/383284/big-move-imminent-premier-vet-shares
More big buys all very strange for months nothing and now these big buys keep appearing Shippy xxx
9/5/17...is ".soon"? AGM 3/3/17, I read. Both est's, I think.
The results are out soon. Probably ahem...... "rumours"
Going on here
Mm know body ever buys us ... Very strange Ship
Buy - where did that come from?
No movement in the share price so far today, but when the management state business is going far better than expected it would be surprising if there wasn't a move up soon. I reckon £2 a share before long, 40% up from here. All my opinion. Dabbler.
Yep - small share holders (financial not height) -- get conned - of course they do -- def i have -- but -- still think my free shares in this will prove good - so will hold for the foreseeable future -- good luck to all holders
When will we wake up and realise how small share holders get conned.
Yorkshireman, this is a business with exceptional growth over the past two years ( in numbers of pet care plans) excellent recent news ( American deals) although the financial details haven't been disclosed yet. Pure speculation but I wouldn't be surprised if the American business alone was worth 2 or 3 pounds a share in a years time. Also debt free or very close to it. If this was a technology business the share price would be far higher. I think the directors are holding over 70% of the shares too, so it could be assumed they have plenty of confidence. I'm certainly not selling here. Dabbler1
fall to double digits -- looks like heading to new highs :D
It's fallen some 15-20% since the update. Seems the market agrees so far, but not counting chickens just yet. This still looks overvalued looking at forward earnings. They intend to reinvest the cash pile shortly so we will see if that garners some interest but I think this is headed to double digits soon
The buys and sells --------------- don't listen to odd opinion ------------- :D
Premier Veterinary (PVG) saw its loss for the year ended 30th September widen to £1.6 million from £917,000 in the previous 12 months. This came despite revenues improving to £2.3 million from £2 million and the number of care plans on the company's books more than doubling. Premier Veterinary shares dropped by 3.32p to 146.68p. Pitiful performance, outrageous valuation!
Done even better with REDD -- and think more to come -- ex Helphire - again i sold enough to cover investment -- but sitting on lots of money in shares still held -- will again hold long term -- getting old -- dividend payments giving good income :D Best wishes to all
Always honest - i sold just over half my holding in Sept -- to get my investment back (not profit) -- now sitting on quite a few shares and wishing i'd kept all :D -- the ones i still hold will def be for the long term -- this is being invested in slowly over a long period by someone - in for the ride --- best wishes to everyone for the new year -- life's a gamble hope i'm still here next new year hehehehe
Well done certainly multi bagged from the old Ark shame I sold out to early but profit is profit.
Still holding :D
Easy buy at this price -- gl all holders ark/pvg -