Member Info for MaryBr190

VICTORIAN PLUMBING GROUP PLC

FULL YEAR RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

Results ahead of expectations, with H2 revenue growth as the Group demonstrates continued trading momentum and further market share gains, supported by a robust balance sheet

Board proposes maiden ordinary full year dividend of 1.1p and an additional special dividend of 1.7p

perhaps but topping up if so and selling if some if it spikes up. Rinse and repeat.

tealeaves but cannily accurate at times.

now the shorters have had their fun they have stopped spouting doom and gloom.

I guess most saw through them and assume they will be gone until the price gets north of £1 and will make another appearance a few days before the results.

thanks for the opportunity to pick up PFC sub 80p guys.

starting to look like this may be taken private IMHO which is a shame as it has so much potential upside.

GLA.

I feel I missed out on all the FD drama :)

the only news is that this will be on the biggest winners boards for 2023.

didn't JW say in one of his interviews

(1) that he expected the inked FSS before year end.
(2) the JR at IM is assumed to pass and then they are ready to go.

I seem the storage video I posted a while back had Costain in the top left corner so perhaps that is who will build out the base at IM.

looks like the pipe is getting unblocked.

Good riddance.

Market value of this company (£456 million is mere pocket money to others in the O&GS industry.

One can easily magine that it is not only the members here who have noticed.

Covid contraction is gone, the strikes will soon settle, the expertise within the company is well worth these levels. The O&GS is awash with cash.

FOMO imo will kick in.

DYOR.

Nasty looking chart for sure.

Friday's action
(1) Bear trap
(2) bottomed until results and then a double bottom or lower

or (3) already heading up and back towards £1.10-£1.26 range after the mms and shorters achieved their goals and others mopped up more cheap stock.

LTH are firmly in (3) & after enduring the SFO ups and downs over the last few years, anything that comes should be a doddle to them.

As usual it will go up and down but hey the gaps leave plenty of opportunities to ride the wave, funds permitting.

DYOR & best of British.

Thanks. This really should be back to £1.20+++. Some day the bid will come, into the meanwhile a 5p or so dividend is a great consolation.

Victorian Plumbing

What it does: Victorian Plumbing is a leading online retailer of bathroom and other household accessories

By Christopher Ruane. Victorian Plumbing (LSE:VIC) is due to publish its full-year results in December – and I expect them to be strong. The company has already said that its financial year “finished positively with revenue, earnings, and cash flow all ahead of consensus market expectations.”

The retailer is continuing to book the sort of revenues it made during the pandemic, which was a huge step up from its prior levels. That could form a strong foundation for long-term profits.

There are risks. Victorian Plumbing has been building stockpiles to mitigate against supply chain issues, but that could hurt cashflow. Less consumer spending could hurt sales and profits.

But I expect long-term demand to be robust and the company has a large, growing customer base. It is already profitable and enjoys a net cash position. I have been taking advantage of its current share price to build my stake by buying more shares.

Christopher Ruane owns shares in Victorian Plumbing

£150 per share wow - now that would many my day... where did you see this offer price :)

PW right up there with SB-F

Should be worth a trade having picked up from sub £1... on a promise c/mon let's party !

https://www.tradingview.com/symbols/LSE-OTB/forecast/

https://www.tradingview.com/symbols/LSE-MAB/

https://www.tradingview.com/symbols/LSE-SSPG/forecast/

time for action

https://www.marketbeat.com/instant-alerts/lon-sspg-a-buy-or-sell-right-now-2022-11/

Dominguez has highlighted the importance of this project, since it is the first time that the Spanish company will work for the British Navy, but at the same time, he has avoided giving more details of it until the contract is signed, whose formal act is expected to occur before the end of the first quarter of next year.