BuySel
17 Feb 2020
VAN ELLE - One to go for on the recovery path MMs decided to move up on the bid 57p after holding it last Friday when the demand was strong
Rhino1958
16 Jan 2019
3 x Directors sell Not great statements today and the share price shows it
Rhino1958
12 Dec 2018
3 x Directors sell Just had a look at their website. No news to encourage me to consider buying at these low levels (76p). I do appreciate a well trained workforce will have huge benefits if things start improving but I’m not convinced this is the time to buy
MutleyWalters1
21 May 2018
Re: 3 x Directors sell When 3 of the people running the company decide it is time to sell I would assume they have got very good reason.I am very surprised at what has happened over the last year or so Van Elle looked like one of the best companies on Aim.Anyway good luck to those who decide to hold
Rhino1958
18 May 2018
3 x Directors sell Decided to follow Directors. May look again if information improves
dazedandconfused
24 Nov 2017
Re: Positive Trading Update something mighty odd with iii reporting nowadays. WYG tanked by a third today, but nothing changed on the price column, and no Trades registered... Pay attention to live(er) feeds on other web platforms, methinks!
BuySel
23 Nov 2017
Re: Positive Trading Update another 2p up for the day, now needs reaching levels appropriate to the profits forecast
BuySel
22 Nov 2017
Re: Positive Trading Update Maybe you are just "confused" just like III prices, change and % and the restIt finished 86.50p +7.50p (+9.49%)wake up to reality, when is time to go to bed
dazedandconfused
22 Nov 2017
Re: Positive Trading Update Which dealer are you working with? Prices look marked down to me, but I'm only just waking up!
BuySel
22 Nov 2017
Re: Positive Trading Update the market like the update as share price is rising after the earlier marked downit's basically very cheap now on confirmation of nothing wrong with the profit fcast83p +4p
BuySel
22 Nov 2017
Positive Trading Update Better turnover and profits to come, no profit warning or nonsense. The one division clearly needs some improvement, but the others are performing very well and more than compensate.And the division that was not performing is already doing better on margins Share price on the rise since 81.50p +2.50p.......Half-year trading updateVan Elle, the geotechnical engineering contractor offering a wide range of ground engineering techniques and services to customers in a variety of UK construction end markets, is issuing the following trading update ahead of announcing its interim results for the six months ended 31 October 2017 on 25 January 2018.Overall trading in the first half of the financial year has been positive and the Board expects to report turnover of approximately £53m (H1 2016: £43.1m) with underlying profit before taxation increasing by approximately 15% (H1 2016: £4.7m).The General Piling division has performed strongly in the period, benefitting from an enlarged range of rigs and techniques. Divisional revenues have increased against the comparative period last year, with further operational efficiencies in delivery resulting in good profit growth.In Ground Engineering Products, the Group's proprietary Smartfoot® foundation system continues to gain share in the market and operating performance in the period reflects the benefits of the expanded manufacturing capacity.Ground Engineering Services' revenues have also been encouraging. The division has seen strong growth from the recently established Scottish business, which has enabled the Group to increase its activity in this region significantly, albeit overall margins have been impacted by remedial works carried out in the Ground Stabilisation operating unit. Performance in the Specialist Piling division has been more mixed, with market and operating conditions in the Group's rail business remaining challenging in the first quarter, as indicated in the trading update on 12 September 2017. Whilst rail turnover growth has been reasonable, the commercial parameters in two specific electrification contracts have resulted in a dilution to gross margin, with a result that divisional profit will be below that in the comparative period. Pleasingly, margin performance has improved consistently during the second quarter and expectations for the second half are for a return to satisfactory levels.Cash performance in the half has been good, with the strong operating cash flow generated. The Group has also continued to invest, acquiring nine new rigs which will enhance its service offering.The Group has a seasonal weighting towards a stronger second half and the Board expects this will be the case again in the current year. As the Group enters H2, enquiry levels are encouraging and the current order book as at November remains strong. The Board continues to monitor market conditions closely and whilst mindful that the Group is subject to clients' decisions regarding contract call-off timing, its expectations for the full year remain unchanged.
sasa43
15 Nov 2017
Re: Ominous Telegraph article Hi BuySel - just seen your post.You say that 'I'm biased' - don't get that, I'm afraid. I don't usually ascribe a 'Buy, Hold or Sell' marker on my posts unless it's warranted, imv, at the time, usually after an event, like we've just seen.Was a holder of this soon after the IPO but became disillusioned when their inaugural figs were quite disappointing, given their niche market position they hold. Since then, they've announced the outlook for them was 'in line with expectations' until last w/e when the Telegraph disclosed that there was 'trouble at mill' - internal strife, if you will.Either the BoD's right or the ex Chairman / founder is; either way, the controversy arising from the spat is unsettling and if the alleged disparity between the internal projections materially differ from the published forecasts, uncertainty will persist; not good for the sp.Remember, too, that those instos who supported the IPO a short while ago might well be taking a jaundiced view of the outlook for the shares as the year end approaches (they often ditch disappointments prior to producing their annual performance figs) and if the next RNS on this topic proves negative in the event, well, good luck; a low p/e now won't assist the sp in the short run, I fear - sasa.
BuySel
14 Nov 2017
The real reason to Chair again From another placeAn insider speaks.."An insider told Construction News that Mr Ellis was concerned over how the company's share price had performed.Michael's not happy about it, he would have wanted them to have doubled [from the price the company floated at], the source said.If Michael does go back, he will make damn sure the shareholders get a return on their investment.
BuySel
13 Nov 2017
Re: Ominous Telegraph article sasasecond time telling you are "bias "when holding>>>> buy or holdonce you sold >>>> strong sellif at 100p the PE was 7by the IC, now at 81.5p the PE would be less than 6
sasa43
13 Nov 2017
Ominous Telegraph article over the w/e, pointing to the ex Chairman / founder now trying to re-take the helm here on suggestions that the 'internal figures don't tally with the published forecasts' bodes ill for the sp even now, I'd say. Ergo, holders beware, short term... I was out first thing, fwiw - sasa.
