Updates

Vp - Puts itself up for sale

June 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares jumped after Vp said its controlling shareholder, Ackers P Investment Company, a company connected to Vp's Chairman Jeremy Pilkington (50.26% stake), has indicated to the Board its wish to dispose of its entire shareholding. A formal sales process has now been initiated.Having been a long-term holder, I’m slightly puzzled why he wants to exit now when markets are roiled. Nevertheless I would have thought he would want a PE of at least 15x given the company’s fantastic growth record, which would imply a c.1250p target price. I am awaiting developments. ...

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TMI Trader Portfolio - June '22

VP (August 2022)

VP - Equipment hire firm beats forecasts (May 2022)

VP (January 2022)

Vp - Equipment hire firm in early stages of eps upgrade cycle (August 2021)

VP Group - Another â€œbottom-left-top-rightâ€ equipment rental share (November 2012)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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