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Victoria bosses attempt confidence boost

Shares in the flooring company have fallen by roughly 40 per cent since early September
December 6, 2018

Victoria (VCP) bosses have tried explaining why the interior design company's shares have fallen more than 40 per cent since early September. Chairman Geoff Wilding blamed "untrue" rumours about the company, although a warning in Ocotber about an expected margin squeeze likely didn't help. Indeed, the half-year results in November revealed that operating margins fell from 6.8 per cent to 5 per cent on a reported basis. Reported pre-tax profits also nearly halved, while after-tax profits fell from £6m to £0.7m.

IC TIP: Sell at 470p

Purchasing shares is often a tactic to try to shore up investor confidence, and Victoria executives appear to be doing just that. On results day, Mr Wilding bought £4.91m worth of shares at 491p each, while non-executive directors Alexander Anton and Andrew Harrison bought £243,245 and £49,956 worth of shares, respectively.

Buys       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Amerisur Resources Christopher Jenkins23 Nov 18100,00011.9211,9201,350,0000.111
Amerisur Resources Christopher Jenkins23 Nov 1850,00012.0486,0241,400,0000.115
Amerisur Resources John Wardle (ceo)23 Nov 188,125,00012.3073999,96730,014,5052.474
Amerisur Resources John Wardle (ceo)28 Nov 18687,00013.189,99730,701,5052.531
Amerisur Resources Elodie Grant Goodey23 Nov 1836,95913.54,98936,9590.003
Amerisur Resources Giles Clarke (ch)26 Nov 18500,00013.74368,71518,005,2271.484
Babcock International  Franco Martinelli (fd)22 Nov 187,00055038,500322,5090.064
Babcock International  Archie Bethel (ceo)22 Nov 1812,000560.967,308424,0630.084
Babcock International  Michael Turner (ch)22 Nov 187,500566.442,480107,3840.021
Charles Stanley  Ben Money-Coutts (cfo)23 Nov 185,23628514,92318,0090.035
Charles Stanley  Paul Andrew Abberley (ceo)23 Nov 1868,500290198,65089,7180.177
Compass  John Bryant28 Nov 181,0741,653.5017,7593,0160.000
Compass  John Bryant28 Nov 185391,653.758,9143,5550.000
Compass  John Bryant28 Nov 182,4701,65440,8546,0250.000
Compass  John Bryant28 Nov 181,2021,654.2519,8841,2020.000
Compass  John Bryant28 Nov 187401,654.5012,2431,9420.000
Condor Gold James Mellon22 Nov 18952,38022209,5242,889,8834.302
Condor Gold Mark Child (ch & ceo)22 Nov 1890,0002219,8004,052,5006.032
Dalata Hotel  Dermot Crowley (dep ceo)23 Nov 185,0004.7223,600439,4540.238
Dalata Hotel  Stephen McNally (dep ceo)23 Nov 1810,0004.74547,450449,5380.244
Dalata Hotel  Patrick McCann (ceo)23 Nov 1820,0004.7595,0001,274,5150.692
Findel William Grimsey28 Nov 1822,06422549,64447,0640.054
Findel Ian Michael Burke (ch)28 Nov 1820,000225.345,06060,0000.069
Findel Stuart Caldwell (cfo)28 Nov 1810,90722824,86835,7270.041
Findel Francois Coumau27 Nov 1821,755228.67449,74840,5580.047
Findel Philip Binns Maudsley (ceo)28 Nov 1853,830231124,347292,4360.338
Frontier Developments James Gordon Mitchell♥28 Nov 1815,000825.7123,855104,9230.272
Frontier Developments James Gordon Mitchell♥27 Nov 182,000879.617,59289,9230.233
Future Zillah Byng-Thorne (ceo)23 Nov 1813,360514.8568,78483,8060.103
Future Zillah Byng-Thorne (ceo)27 Nov 182,236517.4911,57170,4460.086
Future Zillah Byng-Thorne (ceo)28 Nov 1813,050536.2569,98196,8560.119
Hurricane Energy Steven James McTiernan26 Nov 18375,00040.6139152,302375,0000.019
JPJ  Neil Geoffrey Goulden (ch)28 Nov 1810,00058258,20075,0000.101
JTC Martin Fotheringham (cfo)28 Nov 1846,800318148,824718,5860.648
Majestic Wine James Andrew Crawford (cfo)22 Nov 187,500310.4923,28781,6440.113
Majestic Wine James Andrew Crawford (cfo)22 Nov 183,500311.2410,89385,1440.118
Majestic Wine Rowan Gormley (ceo)22 Nov 1815,70031649,6124,394,5816.092
MITIE  Roger Yates23 Nov 1850,000150.475,20050,0000.014
Scapa  Martin Trevor Sawkins♥23 Nov 186,500313.8620,40136,7310.024
Scapa  Brendan Patrick McAtamney 23 Nov 1814,15031744,85614,1500.009
Scapa  Oskar Zahn22 Nov 181,0003193,1901,0000.001
Scapa  Pierre Roger Michel Guyot22 Nov 1815,000322.5848,38715,0000.010
TalkTalk Telecom  Charles Dunstone (ch)23 Nov 18379,593117.35445,452327,678,89028.593
TalkTalk Telecom  Charles Dunstone (ch)26 Nov 18307,085118.21363,005327,985,97528.620
Victoria Alexander Anton 27 Nov 1825,000482120,500519,0250.414
Victoria Andrew Harrison27 Nov 1810,19549049,956189,7250.151
Victoria Geoffrey Wilding (ch)27 Nov 181,000,000490.984,909,80022,438,65017.894
Victoria Alexander Anton 27 Nov 1825,000490.98122,745544,0250.434
Sells       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Avation Roderick Mahoney (cco)26 Nov 18133,000253336,490700,0001.086
Future Penny Ladkin-Brand (cfo)23 Nov 18133,000510678,300270,3550.332
Future Zillah Byng-Thorne (ceo)23 Nov 18235,6085101,201,60195,0060.117
Future Zillah Byng-Thorne (ceo)26 Nov 1826,796515137,99968,2100.084
Games Workshop  Kevin Rountree (ceo)27 Nov 1817,6592895511,22814,5550.045
GAN Dermot Smurfit (ceo)23 Nov 18215,00051109,6508,863,44710.421
GAN Dermot Smurfit (ceo)23 Nov 1835,00055.4319,4019,078,44710.674
Trifast Glenda Roberts 23 Nov 1878,404198.35155,514237,5710.196
* placing/tender/open offer ♥ spouse/connected party