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Listed on the AIM Market on the 28th Of October 2016

The company is into infrastructure work for roads and railways.

It crossed my radar when a my builder asked me if I had heard of them, as he had had a conversation with a third party saying they were going places. (he does not do shares so was not ramping it to me)

I did some research and thought "Well the government are into infrastructure spending so maybe worth a punt."

This is hardly sexy stuff, pushing Piles into the ground, but I dipped my bread at 101 and expected to regret this impulse buy. However so far there appears to be others thinking the same. Not on the radar of the various BBs that I can find so other than my builder not being talked up. (Till now by me.)

Proceed with caution

And supposedly in IC out tomorrow, which is probably more meaningful.

I'm still in with a few more that I started with, cannot see a bad story but hey ho who knows.

As Martini said, covered in this weeks IC. Good write up and a buy.

re - Good write up and a buy.

it does not look like from what the directors said today ............

from Market report

Van Elle Holdings (VANL), down 19.74% to 91.5p, said directors now expected it to deliver FY revenue of about £93m, some 5% below its earlier views. It said this was due to a number of contract start dates being delayed beyond the current FY.

22 Mar Peel Hunt Buy 90.50 150.00 130.00 Retains

StockMarketWire.com
Van Elle Holdings said its directors now expected the company to deliver FY revenue of about £93m, some 5% below its previous expectations.

It said, as indicated in January 2017, there were a number of contracts within the Specialist Piling division expected to be confirmed and commenced in the second half, particularly in the division's on-track rail business.

"The Company now anticipates the start date for several of these contracts will be delayed beyond the end of the current financial year and, in a small number of cases, the expected call-off schedule and distribution of work packages may be revised," said Van Elle in a statement.

Whilst the company still expected to deliver a number of these contracts on revised time schedules, it would not receive the previously expected contribution from them in the current financial year.

"As a result, the board now expects to deliver full-year revenue of approximately £93m, some 5% below its previous expectations, with the Group's underlying operating margin slightly reduced as a result of the adverse mix impact," the company said.

It noted that cash generation in the group remained strong and directors intended to recommend a final dividend in line with its expectations at the time of the IPO.

Overall trading in Q3, which included significant levels of activity in December and January, was in line with directors' expectations.

As a result, for the nine months to 31 January 2017, the group delivered total revenues of £70.8m, representing growth of 16.4% on the prior year.

"Conditions in Van Elle's end markets remained satisfactory throughout the period and the Group continued to focus on generating improving returns through strong operational execution."

Van Elle said trading since the start of Q4 across the General Piling, Ground Engineering Services and Ground Engineering Products divisions has continued to reflect stable underlying market conditions and the group expects the outturn in these divisions for the current financial year to be in line with its previous expectations.

Making too many cock ups for my liking.

stayed away, only just, reason why does a long time firm come to a listing, wants
money, i may buy @ 60p NAV unshore BB

finnCap Buy 91.50 150.00 120.00 Reiterates

Something in last nights Metro about connection with broker and some other float that's not gone well.

Where is the ramptastic Martini, has he not noticed its up a lot today or is he denied internet at the old codgers home till midday?

StockMarketWire.com
Van Elle Holdings said conditions in its key markets were unchanged to the end of Q4 and, consequently, directors expect to report results for the year ended 30 April 2017 in line with revised expectations.

It had begun the current financial year positively and continued to secure new work across all four of its Divisions.

"In addition, to complement its current capabilities, the Group has strengthened the senior management team with several key divisional appointments to support the growth and ambition of the business."

Van Elle also confirmed Adrian Barden would take up the role of non-executive chairman from June 1, having been undertaking this role on an acting basis since December 23, 2016.

As a result, Robin Williams would become the senior independent director, also with effect from June 1.

"The Board continues to focus on building the Group's platform for the future and has started the process to recruit an additional independent Non-Executive Director."

Its going up again, at last !!

StockMarketWire.com
Van Elle has appointed David Stuart Hurcomb as an independent non-executive director.

Hurcomb, 53, is the chief executive of NG Bailey Group and has previously heled executive positions at Carillion, Balfour Beatty and Mansell.

Have been casting the eye over this lot in the past couple of days. Not seeing much downside at this price. A lot of bad news priced in? They also seem to have been investing heavily. Admittedly, not a sector that has done particularly well this year, but the worm usually turns. :)

No position yet.

A bit of infighting today. Watching on.

>>>> Piling into Van Elle?

I have 82p thought was a good entry price
Great buying opportunity, if there is a board room coup it can only be good news for the company as the person who wants to take back control is its founder who only has the companies best interests in mind, and of course it's profit's to increase its share value.

Correct. Think I'll continue to monitor for now.

Given the protagonists on both sides own a fair chunk of the shares it should make for entertaining viewing.

Finally moving upwards

Comment from Investors Champion. (Register, then free to view):

Http://www.investorschampion.com/channel/blog/van-elle-yet-another-questionable-turn-of-events-soon-after-arrival-on-aim

One thing I had failed to note until last night was the results of the voting at the AGM on 12/9/17. Discord evident in the voting so maybe yesterday's news has been coming for while.