Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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The quickest way to double your money is fold it in half and put it back in your pocket
Or wait for the next audit report if you shorted these shares
Next resistance 2.20
Looks set to go past the 2.50 low tomorrow then it should have some resistance around 2.20 mark.
Blackboulder - whats up?? didn’t you renew your data package.
Bonds are back to 1 year high of 84. Something is going on dyor. This whole sector is suffering kingfisher (b&q) Headlam likewise travis perkins.
Come on gorgeous what do you have up your sleeve ????
The only way wildthing is going to dig himself out of this is by diluting all the share holders. Get out while you can. It’s not a matter of if it’s when. Let’s hope gt do a robust job. I hear iceberg is about to issue the second dossier on wilding and co. What have you been hiding??????
Get out while you can. This company has made no profits it’s not going to make any in a very tough market. All accounting tricks in the world can’t get them out of trouble. This years audit will tip them over the edge!!!! Wildthing & co bought in @3.50 now they have been hovering at 2.50 where are they. Come on wilding blow the cobwebs off your wallet dig deep and buy now if you have an ounce of faith
Lol. Its going above 3 quid mate close your short .. aim 100 and mid caps look strong now
Where is wilding probably ???? My guess somewhere in the Atlantic with no fuel in the tank. Why hasn’t he propped up the rest of the shareholders he bailed out £ 50 million @ £8.90.
Don’t get carried away guys. There’s the small matter of this years audit - Hanover !!!! One more qualification they might as well throw the keys back to the bond holders. Where has gorgeous wilding been hiding - in a storm shelter
Smkr, I agree. Looks like a double bottom from
250 at end of Nov and then again last week.
Looks like a bottom has been found
Return on capital. 29.18, yet most of the accounts are in the negative, and the comment of 5/12/23, suggested the accounts for more than one year have not been properly audited . Speculative equity.
Has Victoria ever made 1 pound of net profit? Why is this company rated quite highly against, in my opinion, quite poor performance?
Adds the comments from mgmt from the earlier post and some further thoughts....
https://brevarthanresearch.substack.com/p/victoria-plc-company-responses-to
Hi
City watch.
My many yrs at this game has learned me never to follow broker comments in past.
However I do believe this is a well run unit so I wait and see I do hold fair few of them.
But always be broker ware tips.
Followed by ?
Boom
I guess it depends on whether you think the broker has it right? The tile market could undergo a lot more changes in the short to medium term, possibly leaving some expensive real estate vastly under utilised. Or not. of course, The nroker may know far more than us mere mortals.
A nice buy at this price today considering a broker target price is £8 - 80. Yes EIGHT QUID & 80p. Invest today & be happy with £6 even.
Broker Recommendations for Victoria (VCP)
Date Broker Recommendation Old Target New Target Rating Type
02-Oct-23 Berenberg Bank Buy - 880.00 Reiteration
Wow, Bloodbath here today !!
Very poor market reaction to half year results.
Agree with that. In fact, you are now agreeing with my view about what folks on the ground are saying in the tile producing areas. Funny that.
Well, the bonds traded up after the publication of the new rating so clearly it wasn’t a surprise and the market wasn’t concerned about it. Virtually every company in the sector has experienced ratings’ downgrades, and some double-downgrades, due to the macroeconomic environment.
Another day another downgrade....First Moody's and now S&P. No RNS for either though, despite the one celebrating the prior stable rating from Fitch.... Rather a selective approach, n'est ce pas?
For now in present market & housing conditions it must be a weak buy for their recovery. Maybe Berenburg's target price of £8 - 80 is too higher forecast, however I would sure settle for £6 -80. Nice return if it gets there or beyond !
More sensationalist tabloid trash, this time an article in The Times today.
Contrary to the headline which suggested that Victoria’s board was expected to be “carpeted” at the General Meeting today, 97% of shareholders voted in favour of the two resolutions, accepting the annual accounts, and reappointing the auditors.