Updates & Ideas

VP - Equipment hire firm beats forecasts

May 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.

In spite of the incessant gloom, opportunities keep showing themselves with one example being VP, which provides specialist equipment for hire. On 8th April VP said it expects to report results for the full year (ended March) ahead of expectations and what I like is that momentum in its end markets are increasingly broadly based. For example it supplies equipment for the HS2 rail project, house building and RMI (repair, maintenance & improvement) sectors, which are building on already strong momentum as the economy opens up. More exciting still is that even VP’s markets, where recovery had been lagging, such as infrastructure projects and larger civil engineering work, are on their way back to pre-Covid levels.VP is organized ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Playtech - TTB readying a knock-out bid

Energean - Shares hit new high of 1279p

VP (August 2022)

Vp - Puts itself up for sale (June 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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X