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VNET Vianet Group Plc

112.00
0.00 (0.00%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Vianet Group Plc VNET London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 112.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
112.00 112.00 112.00 112.00 112.00
more quote information »
Industry Sector
SUPPORT SERVICES

Vianet VNET Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
03/12/2024InterimGBP0.00312/12/202413/12/202429/01/2025
11/06/2024FinalGBP0.007520/06/202421/06/202402/08/2024
13/06/2023FinalGBP0.00514/09/202315/09/202327/10/2023

Top Dividend Posts

Top Posts
Posted at 04/11/2024 13:28 by martinmc123
4*
Vianet, the international provider of actionable data and business insights through an integrated ecosystem of connected hardware devices, software platforms and smart insights portals, issued a solid HY update. Revenue growth in H1 2025 was 7% increasing to £7.69m from £7.19m, with strong recurring revenue of £6.45m maintaining a solid 84% of total income. Profitability remained high with a robust gross margin at 67% which supported solid adjusted operating profit growth of 10.1% to £1.43m. The Group’s balance sheet also strengthened over the period with net debt reduced to £1.0m from H1 2024: £2.09m...

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/VNET/938
Posted at 28/12/2023 18:58 by jeffian
Thank you, H, I'll have a look. My interest in VNET goes back to the old Brulines days as I was involved in a company which was among the earliest adopters of the beer-monitoring technology.
Posted at 28/12/2023 18:26 by hedgehog 100
jeffian 1 Nov '23 - 15:26 - 973 of 979 0 0 0
"Nice positive update, if still a little "jam tomorrow". I'll be pleased when they move from being "well-positioned to deliver growth" to delivering it!"


Jeffian,

You may be interested in a comparable share to VNET, which is Newmark Security NWT:-

"Newmark Security in 2023: A Transformed Tech & USA Success Story"


NWT has been one of the best-performing shares of 2023: its share price has more than doubled this year, on a return to profit (£353K. of earnings), and growing revenues (£20.31M.)

But at 75p NWT's market cap. is still just £7.03M., though its share price is on a roll at the moment, and should go a lot higher.
Posted at 22/3/2023 15:31 by jeffian
"the really good news is that this diversifies VNET away from pubs and shows that there is growth potential."

To be fair, they have been diversifying from pubs since about 2011! Even in a struggling and declining pub sector, the core 'Brulines' business will remain a significant and relatively stable revenue base because pubs will not disappear altogether and the monitoring equipment has proved to be such an important management tool that it will always be required. Hopefully, the vending businesses will provide the growth on top of this.
Posted at 15/3/2023 19:18 by jeffian
I think, despite various government (UK, US, Swiss etc) assurances, the fear of contagion is in the air. They said Lehman was a little local difficulty....until it wasn't. Frankly, I can't understand how the Italian banking system doesn't come crashing down but of course the ECB has to go on doing extraordinary things to prevent that because a major collapse would probably be the end of their beloved Euro.

The market is nervy and it is looking for any potential scare to dip further. There's nothing wrong with VNET but all ships go down on a falling tide so you might need to be brave for a while yet.

IMO, as they say.
Posted at 06/12/2022 08:05 by zipstuck
Neutral

Bit aerly to invest for me - still loss making, no growth in pubs. In debt ATM.
Posted at 18/11/2022 12:08 by jeffian
I find these investor presentations very good.
Posted at 09/6/2022 08:44 by zipstuck
I think this will bode well for the outlook this year and will be more important than the results next Tuesday
Posted at 11/1/2022 11:31 by illiswilgig
niggle,

'The last time I looked at Vianet was 9 years ago. That’s 9 years of it not going anywhere!'

Indeed. You are not the only one to note this.

Which makes me wonder why you chose to buy shares at recent lows?

Particularly given your questions over capitalised development and goodwill/intangibles?

What opportunity do you see that overcame these issues for you? Or is it time to take a quick profit?

I certainly hope you are right with regard to 2022, and I think there is good reason to think so. This morning's rns being a sign that the company is emerging from the pandemic more oompetitive, more efficient with better products and services than two years ago. Doesn't mean it will succeed, but I think the odds are in its favour now,

cheers

Illis

PS - checking my records I notice that I did indeed take a small position in VNET 9 years ago. It doesn't say but probably for the value and dividend at the time. It wasn't until last year when searching for cheap turnarounds, growth opportunities I was surprised to find one overlooked in my own portfolio. I've been buying on dips since then.
Posted at 08/12/2021 09:24 by illiswilgig
If they were thinking of raising more funds through equity I'd have expected them to do it whilst the share price was riding high earlier in the year.

Operating cashflow was positive at £1m in H1 and £1.4m after working capital movements despite much of their customer base being locked down for part of Q1 and restrictions being in place for all of Q1.

After investing 1.2m in R&D and equipment purchases - the net cash outflow was 0.46m - but thats after repaying 0.66m of debt.

Unless there is another mandatory lockdown affecting their customer base it looks to me as if they have turned the corner successfully. Cashflow is now rising through H2 as full price recurring revenue is received, new contracts signed and new connections made. They should be able to afford to invest in working capital, R&D, sales and marketing and pay down the debt.

As always with VNET the exciting growth opportunity is always a little bit slower to realise than I anticipate - but the jam tomorrow is looking even more delicious today - and certainly closer than it was.

I agree with you about the dividend. I'd much rather they pay down debt, fully invest in growth and build up a cash pile - but that will depend upon the largest shareholder, the chairman with 30%. I'd be happy with a token dividend.

cheers all

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