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VIA Vianet Group

0.875
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vianet Group LSE:VIA London Ordinary Share GB0001885200 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.875 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.875 GBX

Vianet (VIA) Latest News

Real-Time news about Vianet Group (London Stock Exchange): 0 recent articles

Vianet (VIA) Discussions and Chat

Vianet (VIA) Most Recent Trades

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Vianet (VIA) Top Chat Posts

Top Posts
Posted at 13/12/2008 22:20 by exotic
It's always amazed me how on each set of dismal results VIA still managed to convince a select few large investors to lend more money.

"... Vianet Limited made a loss of £1,439,000 and had net liabilities of
£14,327,000. This included an inter-company debt to Vianet
Group plc of £14,653,000, which as at today's date is £nil following a capitalisation of the current inter-company debt"

Have I got this right. The enterprise was sold to Brulines without the £14,653,000 debt which, through a stock market trick, was dumped onto the listed VIA plc shell which is now playing the waiting game for automatic delisting. In other words, the debt was offloaded onto shareholders, so no chance of them getting money back, meanwhile Brulines get a developed, debt-free synergetic business with pan European customers, but there's some important reason shareholders are not allowed to know how much the assets were given away for??

VIA directors wouldn't care how much it was sold for anyway since they took on the £14.6m debt. They'd have to have sold it for over £14.6m to get something back from the administrators.

What if the directors sold it for £1 and accepted say £10,000 backhanders each, who would know? Who's regulating?

The other question is, of course, how did VIA keep going so long.
Posted at 01/10/2008 12:35 by tedg41
Interims out!
I have stayed with this one for a few years hoping for a break through. It takes a lot of patience!
Have today topped up at rock bottom price- more in hope than expectation!
Any comments?
Posted at 02/9/2008 16:11 by platts
m p: I agree - yet the five year contract does look impressive and maybe some of those european vending contracts may finally kick in and then the whole complexion starts to change.
what does bother me are the number of shares and warrents out- does this make share price progress very uphill?
Posted at 02/9/2008 13:48 by monkey puzzle
If they survive then maybe...this is the latest from Hardman's Sept update and VIA still has to be considered high risk until they can show some kind of income/profits.

VIANET

There has been no news from Vianet in the past month. The shares are now trading at a year low of 1p, which could make it difficult for the company to raise cash from the market. We believe Vianet could now look attractive
to a corporate (possibly telecoms) buyer wanting to add Vianet's telemetry, M2M and cashless payment capabilities to a network or services portfolio.
Posted at 01/10/2007 16:17 by markinthepark
Well at least the share price is not quite so constipated today...bid is up at 4p...not much I know but at least it's up.....

gb;VIA Vianet Group Ordinary Share
+ 4.25 Up 0.12 H 4.25 L 4.13 V 259,511 01-Oct-07
Price Vol Exc Time *Bid* Size *Ask* Size E/MM Time
4.25 0(AI)16.30.03mq 4 0 4.50 0(AI)16.30.03
4 250000 (T)16.28.27T,DT 4 0 4.50 0(AI)16.15.42
4 484 (T)16.26.51 4 0 4.50 0(AI)16.15.42
4.25 0(AI)16.15.42mq 4 0 4.50 0(AI)16.15.42
3.75 9027 (T)14.46.15DT 3.75 0 4.50 0(AI) 7.52.15
4.13 0(AI)08.00.26mq 3.75 0 4.50 0(AI) 7.52.15
4.13 0(AI)07.52.15MQ 3.75 0 4.50 0(AI) 7.52.15
4 0(AI)07.48.30MQ 3.50 0 4.50 0(AI) 7.48.30
Posted at 26/9/2007 09:51 by markinthepark
Looks like that last decent sized buy has triggered an uplift in the Ask with 2 of our 3 MMs here....and it's made today the largest trading day here for at least a month.....we should be seeing some news on these soon.......

gb;VIA Vianet Group Ordinary Share
+ 4 Up 0.25 H 4 L 3.75 V 161,371 26-Sep-07
Price Vol Exc Time *Bid* Size *Ask* Size E/MM Time
4.25 161371 (T)08.44.24 3.75 0 4.25 0(AI) 8.44.33
Posted at 13/7/2007 16:14 by markinthepark
News today on borrowing.....looks like the VCT is keeping the faith here......

Vianet Convertible Loan

RNS Number:2488A
Vianet Group PLC
13 July 2007

Vianet Group plc ("Vianet" or "the Company")

Amendment to existing convertible loan

Vianet confirms that it has today agreed amendments to existing convertible loan
agreements with Rensburg AIM VCT plc, formerly named BWD AIM VCT plc and Capital
for Companies VCT plc, under which the following changes are made:

*The term of the loans, totalling #200,000, are extended from five years
and one day to eight years and one day. The amended term date is therefore
extended to 16 July 2010.
*The rate of conversion into Ordinary shares of the Company is amended
from a subscription price of 5p per share to a subscription price of 8p per
share. In aggregate the number of Ordinary shares which will be issued at
the end of the loan term is amended from four million to two million five
hundred thousand.

All other terms of the original loan agreements remain unchanged, in summary
they are:

* Loans totalling #200,000
* The loans bear no interest
* The loans are only repayable in the event of the Company's winding up,
a receiver being appointed or an administration order is made in respect of
the Company
Posted at 21/6/2007 10:26 by markinthepark
Vianet The end of the beginning?

6 June 2007

Vianet's 2006 results brought no surprises in terms of the numbers, which were broadly in line with our expectations. However there was a positive surprise in the trading statement, in particular on the M2M side.

● M2M reached its first 1,000 connections in April. In the month since then it has already received 1,500 orders.

● In vending, the existing contract with GSK has reached 25% of the total vending park and is now to be rolled out to the remainder. Work with Aramark is progressing well and some good indications are being seen in the German
tobacco vending market. We understand Vianet has also been approached to roll out the tobacco solution in other markets.

● Management believes the investment drought in the vending industry which followed the introduction of the Euro and consequent high forced capex is now over. Large operators are now ordering again and the brands are attentive to the value of the data produced. Vianet's cashless vending solution, in particular, is receiving a high number of enquiries.

● The company should break even in the last quarter of the year and make a profit in 2008. We trim our 2007 forecasts, allowing for higher costs on developing the M2M business and some second half weighting, but we are
rather more confident in expecting them to be met.

● We are hopeful that Vianet may have finally reached the inflection point. It has been a long, hard road!

The results for 2006 were not much different from what we had expected in terms of ebit, pretax profit and EPS. The positive surprise for us came in the trading statement. M2M is obviously proving a success for the company,
and vending appears finally to have found its feet. GSK will now roll out the Vianet solution to its entire vending park, while Aramark is working well in Bavaria. Management repeated its confidence that the company should break even in Q4 2007.

M2M contributed only £13,000 to revenues last year. However, it reached its thousandth unit in April, and has already signed orders for 1,500 in May. Lead times are much quicker than in the vending business, with a high level of enquiries and 50% of them converting, typically within 4-6 weeks – much faster than for vending business.

The key to M2M it that it really does create high quality annuity income. For instance, if a water company spends money installing Vianet's m2m solution for tracking leaks in pipes, it's unlikely to decide to replace every single device in order to move away from Vianet's hosted solution – there is a high
customer switch cost. While this sector remains the smaller part of the overall
business, it should make a useful contribution to revenues this year and next.
Overall, the company has won 22 new customers in the first half of the current year – against 15 in calendar 2006. That's an encouraging rate of new business and suggests that management may be right in its contention that vending operators' willingness to invest has finally turned the corner.

However in the vending business, sales will be H2 weighted. This is partly due to a slower Q1, but also to the fact that with a 12 week lead time on manufacture, Vianet sees a time lag between orders and beginning to charge
service fees.

Staffing was cut significantly last year, from 30 to a low of 17. It has now risen back to 25 employees, with most of the new staff hired on the M2M side and in sales. We have increased our forecast of administrative costs to allow for the ramp-up of the M2M business.

It has been a very long, hard road and Vianet has had more than its share of bad luck. However, the trading statement appears to indicate that this is the end of the beginning, and that the company is finally gaining traction with its sales. Our forecast for this year still demands a high rate of growth, but the company appears better placed to achieve it than it has done in the past.
Posted at 21/6/2007 10:18 by markinthepark
Vianet sees better times ahead as losses reduce

MARK WILLIAMSON May 31 2007

Vianet, the vending machine technology specialist, said that losses had narrowed in the latest year and renewed claims that better times lay ahead.

The Fife-based firm said there was a "real prospect" that it would achieve break even on a monthly basis in the fourth quarter of 2007.

Shareholders in the Alternative Investment Market-listed firm have heard claims in previous announcements that it has been making progress, without seeing the company manage to make a move into high volume sales.

However, Ian Orrock, chairman and chief executive, said Vianet was confident that a "strategic repositioning" had put the firm on the cusp of a big improvement in its fortunes.

Vianet has focused its efforts on selling systems which allow companies to monitor vending machines via a website operated by the firm.

In the year ended December 31, Vianet won increased business from significant operators such as GSK Healthcare.

However, Orrock said the company continued to grapple with the consequences of the fact many firms on the continent exhausted their vending machine budgets in 2001 preparing for the adaptation of the euro.

In September, Vianet said with the vending machine market remaining tough it was running around 12 months behind plan.

Orrock's confidence is based on the prospect of developing a significant income stream from selling technology which allows machines to communicate with other machines without the use of expensive landlines, or M2M services.

This could be a huge market for Vianet, whose products might one day allow taxi drivers to use chip-and-pin terminals mounted in their cabs to allow customers to pay with cards.

Vianet has already won M2M accounts from operations including Tesco and the Saudi Prison service.

"Currently we are stretched to process sales enquiries and have a wide range and scale of proposals as work and progress," said Orrock.

He said after raising £1.8m through share placings in the last year Vianet currently has £600,000 cash. Directors expect this should be sufficient to take the group to cash break even "assuming few delays in sales growth".

Orrock said staff had shown their faith in Vianet by having pay rises deferred for part of last year. That helped the firm cut pre-tax losses from £2,315,125 to £1,726,849.

Sales slipped from £679,746 to £576,984. However, Orrock said the 2005 figure included £307,000 fees from discontinued hosting activity.

Vianet is one of the few survivors of the clutch of Scottish technology firms which listed before the dot.com bubble burst.
Posted at 21/6/2007 10:12 by markinthepark
Vianet sees better times ahead as losses reduce

MARK WILLIAMSON May 31 2007

CommentVianet, the vending machine technology specialist, said that losses had narrowed in the latest year and renewed claims that better times lay ahead.

The Fife-based firm said there was a "real prospect" that it would achieve break even on a monthly basis in the fourth quarter of 2007.

Shareholders in the Alternative Investment Market-listed firm have heard claims in previous announcements that it has been making progress, without seeing the company manage to make a move into high volume sales.

However, Ian Orrock, chairman and chief executive, said Vianet was confident that a "strategic repositioning" had put the firm on the cusp of a big improvement in its fortunes.

Vianet has focused its efforts on selling systems which allow companies to monitor vending machines via a website operated by the firm.

In the year ended December 31, Vianet won increased business from significant operators such as GSK Healthcare.

However, Orrock said the company continued to grapple with the consequences of the fact many firms on the continent exhausted their vending machine budgets in 2001 preparing for the adaptation of the euro.

In September, Vianet said with the vending machine market remaining tough it was running around 12 months behind plan.

Orrock's confidence is based on the prospect of developing a significant income stream from selling technology which allows machines to communicate with other machines without the use of expensive landlines, or M2M services.

This could be a huge market for Vianet, whose products might one day allow taxi drivers to use chip-and-pin terminals mounted in their cabs to allow customers to pay with cards.

Vianet has already won M2M accounts from operations including Tesco and the Saudi Prison service.

"Currently we are stretched to process sales enquiries and have a wide range and scale of proposals as work and progress," said Orrock.

He said after raising £1.8m through share placings in the last year Vianet currently has £600,000 cash. Directors expect this should be sufficient to take the group to cash break even "assuming few delays in sales growth".

Orrock said staff had shown their faith in Vianet by having pay rises deferred for part of last year. That helped the firm cut pre-tax losses from £2,315,125 to £1,726,849.

Sales slipped from £679,746 to £576,984. However, Orrock said the 2005 figure included £307,000 fees from discontinued hosting activity.

Vianet is one of the few survivors of the clutch of Scottish technology firms which listed before the dot.com bubble burst.

The firm was valued at £24m when it listed on AIM in March 2000.

Yesterday shares closed up 0.5p at 4.25p, giving the firm a capitalisation of around £9m.
Vianet share price data is direct from the London Stock Exchange

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