Going by this RNS the large buys were yesterday and/or even earlier and not today which bodes even better for the share price going forward. As “Artemis Investment Management LLP increased its stake in Victorian Plumbing (LON: VIC) from 3.111496% to 4.01608% sometime between 7 April and 15 May 2025.” But most likely in the past 2 days (Wednesday and Thursday).
This is now clearly a decent medium to longer term investment and can be highly rewarding for patient investors (possibly 50%+ within 1 year), patience is key.
RE: Junk that whole plan and watch the sp rise over 120...15 May 2025 12:36
Solid cash rich company, no debt, extremely clean books with a continuously expanding/growing market while now temporarily trading at incredibly depressed valuations, now that’s what I call opportunity!
Solid company here with great fundamentals and outlook, just do the maths and it becomes obvious that share price is going back above £1 in no time, likely by end of next week, seen it happen before, rinse and repeat.
RE: Did anyone attend the webinar this morning or know if it'll be posted?14 May 2025 23:44
“Today was a typical results day and the share gets ruined with all stop losses being taken out also.
Total oversold will see it back to the 90p plus range tomorrow.
No reason whatever for this to go down 25%”
I agree but still hope to get another chance to top up a bit more at these prices at first trade in the morning, VIC is a solid buy and hold for me and I see these levels as an unmissable opportunity, time will only tell.
Amazing how markets work, I was dreaming for a long time to buy here at even higher levels than this bargain basement prices, this will be at 100+ within 2 weeks max!
Shorters or no shorters, back of this update with the clear potential here this will undoubtedly be back over 200p in no time at all, and cherry on the cake is that there is also another incredibly nice dividend on the way soon, I’m impressed.
Expecting lots of updates on 08 May here via the HBR “Trading & Operations Update” and AGM both on same day, valuation here makes no sense whatsoever at the moment given our overall fundamentals as compared to many peers with much higher relative valuations!