Posts in LSE:VCP

3 promising stocks I’d buy in 2018

The last few years have been very good to shareholders of carpet manufacturer Victoria (LSE:VCP). The acquisition-hungry firm has become one of the largest players in the UK market by buying up small competitors, improving their margins, increasing cross-selling and then re-investing the proceeds back into further purchases.

Two stunning growth stocks that could double again in 2018

Finding quality businesses with the potential to double in one year isn't easy. But it can be done. Today I'm looking at two stocks which have risen by an average of 128% over the last 12 months.

These aren't lossmaking 'jam tomorrow' stocks. They're profitable and well-financed businesses with good long-term prospects.

It's no game

Competitive 'esports' represent the glamourous side of the video game industry. But behind the scenes, a lot of technical work is required to allow games producers to sell and support popular games around the world.

2 multibagging growth stocks I’d buy today and hold for a decade

Many years ago, a friend was looking at my portfolio and remarked: "You do like to buy shares that have already gone up, don't you?" Well, very often those early rises are just the start of something even better in the long term.

Victoria reports strong Q4 trading

Victoria, the international designers, manufacturers and distributors of flooring, said it experienced very good levels of trading in the important December quarter.

It said this has continued into the New Year.

The group is holding a capital markets day today for investors and analysts at the company's recently acquired Keraben Grupo - a European ceramic tile business based near Valencia in Spain.

Victoria completes Ceramiche Serra acquisition

Victoria has completed the acquisition of Italian ceramic flooring manufacturer Ceramiche Serra for up to €56.5m (£50.0m).

Of that sum, €36.5m was paid in cash on completion. The balance of up to €20.0m remains payable over the next four years, subject to the business meeting annual profit targets.

At 9:47am: (LON:VCP) Victoria PLC share price was +18.5p at 823.5p

Broker Forecast - finnCap issues a broker note on Victoria PLC

finnCap today reaffirms its buy investment rating on Victoria PLC (LON:VCP) and set its price target at 925p.

Broker Forecast - Berenberg issues a broker note on Victoria PLC

Berenberg today reaffirms its buy investment rating on Victoria PLC (LON:VCP) and raised its price target to 950p (from 800p).

Victoria acquires European floor and tiles manufacturer

Victoria, the international designer, manufacturer and distributor of floor coverings, has entered into an agreement to acquire Keraben, a European manufacturer of branded floor and wall ceramic tiles, for €274.1 million (£246.5 million).

The consideration is payable in cash and will be satisfied in part through a placing of 22,988,506 new ordinary shares at a price of 783p per share to raise gross proceeds of approximately £180 million.

The acquisition is expected to be significantly accretive to earnings per share for Victoria shareholders in the first full year of ownersh

Victoria responds to speculation over potential acquisition

Victoria said it has noted press speculation surrounding the potential sale of Keraben Grupo, S.A.

The Board has previously said that it is part of its growth strategy to make highly selective acquisitions and therefore it is frequently in discussions with a number of parties, adding that it is evaluating a number of opportunities including this one.

At 1:16pm: (LON:VCP) Victoria PLC share price was +4p at 754p

A 15-bagger growth stock that could have a lot more to give

I bet you wish you'd bought shares in Victoria (LSE:VCP) five years ago. I know I do, because those investors who did are now sitting on a cool 15-bagger -- and you don't need many of those to build up the cash.

Victoria designs, manufactures and distributes innovative flooring, and I see a good investment lesson there -- while many folk try to identify the next hot technological or business development when looking for growth shares, there are plenty more seemingly mundane opportunities right beneath our feet (literally, in this case).