Geoff Wilding

78 days ago

Victoria accounts out: a reader dissects, this is still a car crash and a zero waiting to happen

Accounts for the Victoria (VCP) carpets roll up are now up at Companies House and a kind reader sends me a detailed analysis. I cannot say I disagree with a word and the fact that the bonds now trade at sub 24 cents in the dollar tells you the equity is worthless. It is when not if the shares go to zero. The reader writes:

111 days ago

Victoria PLC,  Rearranging the Chairs on the Titanic 

A few weeks ago, Victoria PLC (VCP) released its results for the year to March 31 2025 along with news of refinancing £420 million of debt due next year.

274 days ago

The collapsing Victoria share price – three explanations

On 8 January Victoria (VCP) put out a trading statement confirming it was on track to meet forecasts. With the brown envelope man among those promoting the stock it was already rallying but this RNS saw the shares hit 143p by the 13th. Today they are 80p. There are three explanations:

652 days ago

Victoria: jumping rats, dire numbers, that looming margin call for Geoff Wilding could this be a zero?

The bears are at last seeing vindication, shares in carpets rollup Victoria (VCP) are plunging and this is only the start of the downfall of its colourful boss Geoff Wilding. Let’s start with the rat.

677 days ago

Will Geoff Wilding at Victoria face huge margin calls and what will he do?

Both Lucian Miers and I have been long term bears of carpets roll up play Victoria (VCP) for a host of reasons, one of which is the “colourful” CV of head honcho Geoff Wilding. Another reason is the massive number of acquisitions some of which appear to make no sense at all. A third is its inability to generate free cash while always reporting stonking profits and a fourth, derived from that, is the debt and liability laden state of its balance sheet.

739 days ago

Victoria – possible money laundering at one subsidiary but what about the 57 others?

The annual report from carpets roll up/financial engineering play Victoria (VCP), run by colourful Geoff Wilding, is out this morning and contains a shocking admission. But there may well be far more, here is why we do not know what skeletons are rattling in Victoria’s closet.

1139 days ago

Tom Winnifrith Bearcast: the Victoria related court papers are a bombshell but beware bears, stick to Deliveroo instead as its valuation is bonkers

I start with today’s bombshell court papers involving Geoff Wilding of Victoria (VCP) and ex PM Malcolm Turnbull and a warning for bears. Then it is onto Deliveroo (ROO) where bears should tuck in.

1208 days ago

BREAKING: has £380m valued carpets roll up Victoria committed serial fraud & where are the shareholders $65m yachts?

Lucian Miers has been banging on about Victoria (VCP) for years, but today short selling outfit Iceberg has released a damning report suggesting that the £380 million capitalised company has misled investors with fraudulent acquisitions, cannot generate cash and is drowning in a sea of unsustainable debt. It queeries the business dealings and track record of main man Geoff Wilding but publishes a picture of his $65 million superyacht. Anyone reading the report ( below) who is not short is missing out big time.