manxgold
18 Sep 2018
Who is building a Stake? What does the institution buying indicate to the stock market experts on this stock,thanks on any inner viewpoints.
Fiddler_on_the_roof
18 Sep 2018
Who is building a Stake? It seems another American group are building a sizable stake in Victoria. The Spruce House Partnership LP, New York, NY - USA move just over 5% less than two weeks ago and are now just below 8%. Could this mean that two big american flooring groups are building stakes in preparation for takeover bids in the medium term? No idea how/why the price has dropped by 20% in two weeks after the placing being so over subscribed at £8.27 only a month before. Here’s hoping for a quick recovery. DYOR FOTR
Fiddler_on_the_roof
05 Sep 2018
Who is building a Stake? 18.35% now! Taking advantage of yesterday’s sudden drop!
Fiddler_on_the_roof
01 Aug 2018
Who is building a Stake? And again … 17.34% now!
Fiddler on the roof
10 May 2018
All the hallmarks of another acquisition being imminent The recent surge in share price to a new all time high has all the hallmarks of another acquisition being imminent!The must be rumours flying and causing the buying!Here's hoping for a purchase next week and over the £9 we go!FOTR
Fiddler on the roof
26 Apr 2018
Re: Who is building a Stake? They're at it again ...Another alert - they now have 16.11% (up from 15%)How long until they hit the magic 30%???
Fiddler on the roof
04 Apr 2018
Full Year Trading Update - Results Ahead of Market Expectations!!! 4 April 2018For Immediate ReleaseThe information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.Victoria PLC('Victoria,' the 'Company,' or the 'Group')Full Year Trading Update Results Ahead of Market Expectations Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, provides the following positive trading update:The Board is pleased to announce that, for the fifth consecutive year, the Group's revenue and underlying profit before tax are expected to be ahead of consensus market expectations for the financial year ended 31 March 2018. The Group's performance, driven by the strong operational management team, has continued to deliver like-for-like growth, gains in market share, plus operational synergies. This has included the previously announced rationalisation of the UK manufacturing facilities, which has positively impacted gross profit margin and reduced overheads since being implemented during the financial year. The trading performance of the two ceramics businesses acquired in late 2017 has also been encouraging and consistent with expectations. Outlook Victoria remains focused on its mission to create wealth for shareholders. In line with the Group's strategy to diversify both geographically and by product category, nearly 60% of the Group's earnings are now generated from outside the UK and are spread across several categories of flooring including carpets, ceramics, underlay, and LVT. This geographic and product diversification, coupled with the low operational gearing inherent in the business, reduces the Group's overall operational risk. Ongoing operational improvements in logistics, procurement, and production efficiencies are expected to continue to deliver further organic earnings growth over the coming 12 months. Additionally, the Board of Victoria has invested a significant amount of management focus during the past year identifying additional suitable acquisition opportunities. Shareholders should anticipate further acquisition-led growth focussed on Europe. Geoff Wilding, Executive Chairman, commented: "We are now seeing the clear benefits of our strategy to develop a broadly based, resilient flooring business, where operational and manufacturing synergies lower costs, whilst also providing a robust platform for organic and acquisitive growth. This is in no small part due to the excellence of our wider senior management teams who continue to drive the business and create opportunities to grow market share while maintaining margins. The Board is encouraged by 2018 trading to date. Together with progress on ongoing internal initiatives to deliver synergies and revenue growth, and the very attractive acquisition prospects already identified, the Board is confident it will deliver another year of significant, earnings-accretive growth in the 2018/19 financial year."Date of Preliminary ResultsThe Board of Victoria expect to announce the Group's preliminary results for the year ended 31 March 2018 in July 2018.... glad I topped up yesterday and over the last week!FOTR
Hauler1
27 Mar 2018
Re: Carpetright all The problems of a retailer...which VCP is not
Hauler1
27 Mar 2018
Carpetright I learned today that carpetright charge you up front, won’t fit your carpet, and that you have to go through fitters if something wrong with carpet...is this right? If so, that is a really bad model.
Hauler1
22 Mar 2018
mentioned... [link]
Fiddler on the roof
21 Mar 2018
Re: Too cheap...buying opportunity Yes definitely a good time to buy in / top up!I think the Carpetright situation has stablised which was unsettling the markets but would have no major affect on the group. They might lose money if Carpetright go under owing the group money, but I would guess that most of the debt would be insured and there is more profit margin in supplying carpets to smaller retailers than to big companies.Mr Wilding has already said the sales are still strong for the group and and the drop is near to the bottom if not there yet. I can't see them going below 700-710 at worst.I'm sure there will be more acquisitions before too long and probably tile manufactures in europe now that they have seen the profit potential out there.I believe will be seeing new highs in the share price by summer time!FOTR
Hauler1
20 Mar 2018
Re: Too cheap...buying opportunity Invesco buying more - over 14% now
Hauler1
20 Mar 2018
Too cheap...buying opportunity This is the herd effect...some fear building on fearCarpetright (from memory) makes up such a small part of their client base that the effects are negligible. Some years ago when I first invested it was 4% of produced VCP carpet going to Carpetright.Now, with so much coming from overseas it is even more negligible.Buying opportunity IMHOHauler
Bovem99
01 Mar 2018
Re: Carpetright Agreed. Carpetright is suffering for company specific reasons. Also worth noting that if there are general concerns about the UK market and what that means for VCP, over half of VCP's profits come from outside the UK now.
Joey1
01 Mar 2018
Carpetright It's bizarre VCP investors seem spooked by Carpetright's troubles when, just after the last profit warning from CPR, VCP's market update confirmed strong trading for the same period.
