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Okay @aks343, Aka Bruce Wayne. You best put your cape on, hot the streets and swoop on Geoff.
I'd like to believe your stories about Geoff Wilding, but you are speaking very vaguely.
How many people have you put away in the past?
My advice would be to put the drugs away first, then tell us all about your crime fighting
I've not seen any of this history on the boss man, it's all news to me.
But on energy issues, I've taken the time to study it. There are mass lay offs, and lots of factories supending production, in the two main tile producing areas in Spain and Italy. Like bunnies in the headlights
@aks343
Looks like you and @alfista are the only energy price experts (Sat behind your PC, shorting shares) while those actually running businesses don't have a clue about the energy prices.
@aks343
Another well written well timed post. Looks like as soon as the share price starts rising, your butt starts hurting.
Your painful screams can be heard all around the country.
That'll be a no then
In that case Alfista, why not move on from here (nothing to see) and maybe focus your attention on shares were you hold a more posiitve view? Otherwise, I cannot for the life of me understand why you appear to be here 24/7, primed and ready to respond to anything remotely positive? Everyone gets that the cost of tile production is considerable, the point that Fredhunt and others have made is that the market doesn't seem to have absorbed the significant (massive) reduction in the wholesale gas price and, the many other factors (I need not repeat them) that allude to marked optimism within the busniess re VCP furure prospects. Could you possibly have an alternative agenda here I wonder, such as an interest in SP decline? ;-)
Interesting. Hawkeye criticises me, I reply to him, and you answer. Same person?
You can have your view, but I don't have to agree. Winter hasn't begun yet, it's a bit late. Bad weather usually comes, how bad is anyone's guess at this stage.
@Alfista, my aim is not to just make comments that reassure myself. However, whilst the things you have raised are totally valid, the war, EU energy policy and infrastructure etc. these are all known factors for months (some for years) and are effectively factored into all share prices. What I wanted to raise is that recent developments, such as mild winter, full reserves, LNG tanker queue, continued acquisitions in the US, continued share buy-backs, positive trading update by Victoria and optimism amongst analysts are all factors that should be influencing the share price today, this week, this month.
All I can add to the comment is that you are remarkably uninformed about industry. As this group of companies is heavily in to high energy usage, it may be worth your while to do a bit more study, rather than come back with comments only designed to reassure yourself. IMO
Which government plans are you talking about? If you are talking about official plans, then you need to point us to the sources. Would be an interesting read.
Facts are facts. The period of weather last winter that reduced wind and solar output to virtually zero placed huge demands on gas for electricity generation. You have to appreciate that modern tile production requires gas on a huge scale, and that the kiln can not be starved of gas at all, otherwise it would sustain huge damage. If power production demands the gas to keep the lights on, then factories will be told to cool down and switch off, that's in government plans. Smelting operations are vanishing from Europe because they can't take the risk. Good news for China and India, who have a sensible coal powered baseload policy.
I totally agree with you on that, buying a load of shares with company money at half the price you sold them at not all long ago isn’t all that brave.
I’m also in a similar position in terms of selling out too. Monday morning I’ll be selling my holding if it’s still where it was Friday. I’ve got quite a lot invested but after months of being patient waiting for something to happen, I’m not so convinced anymore.
I’ve got quite a large amount of shares that will all be getting sold come Monday morning. I’ll leave u to try convince the big boys.
@BlackBoulder
What’s your thoughts on the directors buying shares with company money vs their own personal dough
Instead of spending an eye watering amount on trying to prop up the share price Wilding should pay down the debt which is enough to sink a container ship never mind a yacht.
@sharedetect
Here's some stats for you to digest
Geoff has spent around £50million in total over the 11million shares he has bought, with company money.
He has also sold millions at £9 per share so buying back for Mr Wild Wolf is cheap at these levels.
Yet he isn't buying a single share.
Go figure.
And you talk about dividends - you aren't even getting a whiff of dividend payments.
Only one winner here.
It’s all good buying 15million of shares with company money, makes u think why he’s so reluctant to spend his own money when even Hammers his assistant is spending his own personal money.
Surely it would be better to give shareholders dividends if the company has money to spend on shares, give them dividends and spend how own yacht fuel money on buying shares!
Something needs to give, but my guess is it's not going to be Geoff Wilding giving anything.
Its all fine asking the other shareholders to back the company. I'd like to see the Big Bad Wolf back his own company too.
I wasn't convinced, so I've SD and will wait for the next move.
Other board members such as Philippe buying a few piddly shares isn't going to convince me. Not even sure why he is employed. He presides over a crash in the share price yet you don't even hear a word from him.
@hawkeyeI agree, it has been a crazy week. It’s such a shame that Wilding isn’t using his own money to buy shares, I had full faith in this happening and driving up the price. I think just the news that he has started buying with his own money would have made a huge difference. His mate Hammers has spent some money, not a lot, probably his last few bits, even then Wilding is holding onto his own wallet. The longs probably got the better of the shorts this week I’d say! Something needs to give.
@hawkeyeI agree, it has been a crazy week. It’s such a shame that Wilding isn’t using his own money to buy shares, I had full faith in this happening and driving up the price. I think just the news that he has started buying with his own money would have made a huge difference. His mate Hammers has spent some money, not a lot, probably his last few bits, even then Wilding is holding onto his own wallet. The longs probably got the better of the shorts this week I’d say! Something needs to give.
Absolutely has been a wild week, and I'm talking about the ups and downs of the sp, not about the shenanigans aboard Mr Wild Thing's yacht.
It's time for the old wolf to send a solid message to the investors and back his company with his own money.
I've sold my holdings at 560 and am keeping an eye on whether Wild Wolf buys any shares.
If Geoff buys, I will have the confidence to buy, and I'm sure many small investors like myself will be thinking the same.
@alfista
Do you really think two cold days and factories will be restricted? I actually thought you had some sensible analysis. I'd quit the analysis, and let the sp do the talking. You are an advocate of letting the sp do the talking when the sp drop, but when the sp rises, then it's "fuel crisis, end of the world, armageddon" etc.
The shorters haven't sensed anything in my opinion. They're simply using manipulation methods and the #shortsqueeze is beginning to hurt them.
Again, all of the factors you raise are known and were expected. It is extremely clear to me that the current situation (e.g. mild winter, full reserves, numerous pending LNG tankers) is clearly much better than what the market was predicting.
In addition, we have the positive trading news that was released last week, the acquisition that was announced, and continued share buy-backs. The more shares Victoria buy back, the less stocks that are available for the shorters to eventually settle their loaned shares.
Given the above, my outlook is optimistic and i will hold on my investment.
The problems of Victoria PLC are far more fundamental than the price of gas in Italy & Spain for industrial processes. For those who think it just might be the straw that breaks the camel's back; don't forget that Putin is still pumping an awful lot of gas into Europe via various pipelines on a daily basis. If I were Vlad (i'm not, honest) I would be waiting for the first really cold spell for various technical problems to manifest themselves.
AceofClubs
Germany is obliged by treaties to share with other EU countries, and UK. We have no storage, neither does Italy, and their ceramic industry consume it at massive scale. Ask a factory manager, they are bricking it, and expect to be restricted this winter
Whilst storage in the UK is quite poor, elsewhere in Europe it is not the case. Germany, which is supoosedly the country worst afffected by energy supply have 3 months worth of reserves. That does not include the LNG tankers waiting to offload at the terminals.
Whilst the energy situation is generally quite poor, it is in the best possible situation given the current environment and infrastructure available. It also has a considerably better outlook than it did a month ago.
Only two days of winter could reverse the gas sitiation, they have so little storage, and they have paid so much for it that local suppliers will not use the daily price.
Maybe the shorters know how critical energy will be this winter, it's cynical but the EU have created this mess.