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Pin to quick picksVan Elle Share News (VANL)

Share Price Information for Van Elle (VANL)

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Share Price: 37.80
Bid: 37.00
Ask: 38.60
Change: 0.00 (0.00%)
Spread: 1.60 (4.324%)
Open: 37.80
High: 37.80
Low: 37.80
Prev. Close: 37.80
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Sunday share tips: Majestic Wine, TalkTalk, Vodafone, Van Elle

Sun, 13th Nov 2016 13:25

(ShareCast News) - Buy Majestic Wine shares, recommended the Sunday Times' Inside the City column, after their halving over the last two years. New chief executive Rowan Gormley took over with a turnaround objective after a series of profit warnings, the latest in September. He has set a target of driving sales around £100m higher to above £500m in three years' time, with a return to dividends in 2017.Announcing half-year numbers in the coming week will give the South African the change to give some encouraging news on the early stages of his strategy, which has included a shift in investment from openings to incentivising and training staff. The long-held six-bottle minimum has been shelved too. While the lack of a profit target creates some doubt, this is a turnaround that could bear fruit.Hold onto shares in Vodafone and TalkTalk said Questor in the Sunday Telegraph after both have lost ground in recent months. TalkTalk has lost more than a quarter of their value since hitting a year's high in April and almost 50% since last year's all-time peak. It is positioned to customers as a value player in the telecoms market but as the recent simplification of its offer leads to revenues being boosted, it is facing likely cost pressures from the need to invest in high-speed broadband infrastructure. Although in the long term this should be good news, the dividend could be hit by a fifth in the next financial year.Vodafone has begun to offer customer discounts is it uses its wide fixed-line coverage to try and grow market share outside its historic mobile core business. Tuesday's interim numbers are expected to show sales growth down below 2%, with competitive pressure in India a factor.Shares in newly listed Van Elle were tipped as worth buying by Midas in the Mail on Sunday. The ground engineering services provider, which floated last month, has a strong record of profitable growth in the three decades as a private company, culminating in £10.7m pre-tax made from £84m sales this year. Building on its roots as a residential foundations specialist, Van Elle has developed a number of innovative products to help it complete jobs more efficiently.Founder and now chairman Mike Ellis holds a 20% stake and chief executive Jon Fenton retained 7% after the float, which the company maintained despite several others being pulled amid the political and economic uncertainty of recent months. With the UK government's commitment to housebuilding and infrastructure, Van Elle's customer base that includes Network Rail, housebuilders Bovis and Bellway and construction groups like Balfour Beatty and Morgan Sindall, should see plenty of work. A dividend is on the cards too.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only and not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.
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22 Jan 2020 09:07

Van Elle Cuts Dividend As Profit Slumps In Difficult Interim Period

Van Elle Cuts Dividend As Profit Slumps In Difficult Interim Period

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15 Jan 2020 16:09

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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23 Dec 2019 15:48

DIRECTOR DEALINGS SUMMARY: Week Of December 16 To 20

DIRECTOR DEALINGS SUMMARY: Week Of December 16 To 20

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16 Dec 2019 10:07

Van Elle Expects Sharp Drop In Interim Profit Despite Revenue Growth

Van Elle Expects Sharp Drop In Interim Profit Despite Revenue Growth

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16 Dec 2019 09:05

Van Elle's transition plan leads to stronger Q2

(Sharecast News) - Ground engineering contractor Van Elle said on Monday that an ongoing focus on initiatives laid out in its transition plan has resulted in a stronger second-quarter performance.

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24 Sep 2019 11:20

Severfield's Graeme Campbell To Join Van Elle As Finance Chief

Severfield's Graeme Campbell To Join Van Elle As Finance Chief

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24 Sep 2019 08:08

Van Elle names Graeme Campbell as CFO-designate

(Sharecast News) - Ground engineering contractor Van Elle tapped Graeme Campbell to join the group as its new chief financial officer on Tuesday.

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9 Aug 2019 15:24

DIRECTOR DEALINGS: Van Elle Construction Head Warner Sells Shares

(Alliance News) - Van Elle Holdings PLC said Friday Construction Director David Warner sold shares worth GBP7,200 in the engineering firm in a transaction on Thursday.Warner sold 18,000 at

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24 Jul 2019 11:18

Van Elle Cuts Annual Payout By Almost Half As Profit Drops Sharply

(Alliance News) - Van Elle Holdings PLC on Wednesday expressed confidence in its prospects in the coming years despite reporting a fall in earnings in its most recently ended financial engineering

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19 Jul 2019 10:49

Van Elle Holdings Reduces Annual Adjusted Pretax Profit Expectations

(Alliance News) - Van Elle Holdings PLC on Friday said adjusted pretax profit for financial 2019 will be hurt by adjustments made to the company's balance sheet.The rail infrastructure

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8 May 2019 11:15

Van Elle Chief Financial Officer Paul Pearson To Step Down

LONDON (Alliance News) - Ground engineering contractor Van Elle Holdings PLC said on Wednesday that Chief Financial Officer Paul Pearson has resigned from his role and the company.Pearson a

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29 Apr 2019 11:22

John Menzies secures contract wins and renewals at four UK airports

(Sharecast News) - Aviation services business John Menzies said on Monday that it has secured contract wins and renewals at four UK airports.

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26 Apr 2019 12:43

Friday broker round-up

(Sharecast News) - Stagecoach: Citigroup upgrades to buy with a target price of 155p.

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26 Apr 2019 12:17

Van Elle Confident Over New Strategy, Current Year Profit To Be Behind

LONDON (Alliance News) - Van Elle Holdings PLC said Friday it is making "good progress" in its transition plan and is "very encouraged" in the improvements it has in the piling

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26 Apr 2019 09:56

Van Elle makes 'good' progress with transition plan

(Sharecast News) - Geotechnical engineering company Van Elle continued to make "good progress" on its transition plan in terms of improved operational efficiency and a "more effective commercial approach".

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