As newcomer to this game, there's an awful lot I don't know, so I hope you'll bear with me.

For instance, can anyone suggest why Vanco shares have dropped so much, after what seems to me to be a pretty good set of results, out today?

Thanks
Princess

Given that this is a very well run company and a growth company, we must expect the share price to rise. What has been happening for the last four months is a good, healthy consolidation of the share price. That consolidation phase may well be coming to an end so that an attack is imminent on the all-time high of 540. When that is successfully accomplished the price should climb steadily and, on the basis of the last climb. a 50% increase is likely.

It is 65+% up over the year. A little consolidation is a good thing. The volumes are small and I suppose majority are awaiting end of the year results and update. Should be good.

Well I must say this share has had crap performance this year but I bought into it yesterday as a Recovery Play. I must say the company looks solid and it has been way oversold IMHO...5% up since buying it yesterday...come on VAN keep it up :-)
Di

Unbelievable drop here, when I think I sold out close to 5 a couple of years back, very nearly bought back several times, makes my moan about ITM look ridiculous !

EK certainly got this one right!

Crikey, you're right, I forgot he was shorting this, (he really is an incredible investor, shorter) must hope he doesn't start on mine !

Blimey a huge drop...I'm glad I sold mine at 196 a while back. These sort of shares are dangerous and I wouldn't want to hold for long. I hope no one here got burnt.
Di

and i thought i was ugly!

Landsbanki shifted its stance on the stock to 'reduce' from 'hold', saying the indication that average net debt was considerably ahead of guidance significantly increases the risk that Vanco will breach the covenants on its existing facility.

Hi , Anyone any thoughts on this or is VANCO VANISHING ?

This looks like it is in trouble....even if it survives the debt will be huge !, how the mighty have fallen...was 5 not too long ago and a so called stockmarket darling !

I would think that there is a good chance of this being another CART.

Has all the same feel, poor management, large debt, thank you and goodnight.

Vanco Promising write up in The Mail today hinting could be target for a big player to get involved