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Van Elle – first-half “in line with revised expectations”… so why a 25% share price slump?

By Steve Moore | Wednesday 16 January 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Last month geotechnical engineering company Van Elle (VANL) emphasised “positive momentum”but I noted I was particularly cautious of the “greater second half weighting” it envisaged. The shares were then just below 80p. Today there’s half-year results including “trading in H1 was in line with revised expectations”… but the shares are currently approximately 25% lower, at around 60p, on the back of the announcement…

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