Vianet Share Discussion Threads

[alan@bj] 09/6/2015 15:33

Just been looking back at the February 2013 Trading Update, which knocked the share price off its +120p peak. Interestingly, they then reported a reduction in operating profit from £3.9m to £3.2m, and have now reported a very similar operating profit of £3.18m. The big difference between then and now though is that then there were fears around pub closures and the government's pub operating companies' Code of Conduct - all perfectly valid - but now those issues are much clearer, as is VNET's strategy and confidence in the future. An annual dividend of 5.7p gives a return of 4.75% at a share price of 120p, and just over 4% at 140p.

[fillipe] 09/6/2015 14:36

VNET being well wanted today....107p, the full ask paid for small - makes it look like any big guns will shift up the share price to a whole new level.

That yield is bound to be found hugely interesting a a lot of bank savings account holders!

f

[fillipe] 09/6/2015 10:31

The best ask ask showing on L2 is 103p, so we're up nicely from the Dec 2014 70p low.

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[norbert colon] 04/6/2015 07:27

Alan - I agree. Ongoing long term hold for me and good divi. Patience needed.

[alan@bj] 04/6/2015 07:15

Nothing surprising in the results, it's steady as she goes, cautious optimism that the strategy is right and growth will continue/resume, especially in Vending Solutions. Worth holding for the near-6% dividend.

[speedsgh] 28/5/2015 15:09

Final Results next Thurs. Leaky ship or being walked up prior to results? Volume is nothing special.

[alan@bj] 28/5/2015 11:26

Having bought in just over 2 years ago in February 2013 at 98p I'm now making a profit on my capital at long last. However, I've also had £1,140 in dividends over that period,so I have a total return of 12.76%. Beats a deposit account!

[fillipe] 28/5/2015 10:10

104p paid this a.m. for an over nms lot of 4805 shrs....(nms only 2k).

It's worth keeping in mind the very low amounts quoted as available at VNET. The bid/ask totals are a mere 8500 shrs on each side Each 8500 is split over 4 mm's with 3 having just 2000shrs showing and 1 with 2500.

At the moment the best bid/ask is 100p v 105p and a decent results pointing to food future progress will quickly see a further uptick.

f

[alan@bj] 27/5/2015 15:58

Motoring well up to the results next week.

[speedsgh] 21/5/2015 19:38

Buyers paying 99p this pm. Will 100p act as resistance?

Final Results on 4/6

[fillipe] 20/5/2015 11:18

Coming along rather nicely....is a bit of an understatement, of mine!

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[shanklin] 22/4/2015 07:43

With Cenkos forecasting PBT of £2.6m, could somebody please explain VNET's rather vague comments about meeting expectations in which they say they will beat the (adjusted) £3.048m 2014 PBT. Not that they are honest enough to tell us this is an adjusted number and that the real 2014 PBT was £1.6m.

I suspect there's a good story here but VNET's RNSs strike me as so spivvy I just don't feel I can trust them. All IMHO DYOR.

Am I being unreasonable?

[alan@bj] 22/4/2015 07:30

Agreed, it looks very reassuring.

[zebediah] 22/4/2015 07:18

Update just out. looks decent. Divi kept at 4p.

[alan@bj] 21/4/2015 12:02

Trading update by end of this week.

[alan@bj] 14/4/2015 08:40

Is a trading update due? I note we had one 31st March 2014.

[fillipe] 10/4/2015 10:39

VNET share price coming along just fine these days.

Forecasts for 2015 eps 9.6p and 2016 10.7p with a 5.7p div for each and big dir buys at close to current share price ...what's not to like!

f

[ccraig69] 30/3/2015 17:37

sainsbury use the fuel solution

[speedsgh] 16/3/2015 12:06

VNET seems like it may have been consolidating since mid 2013, trading in a fairly wide sideways channel. Would be postive if the share price could move back up into the 90s, then set about breaking out of the long term downtrend channel which started back in 2007. However this will require substantial contract/other news imo. Some way to go before we can start talking seriously about long term trend reversal though. CEO appears to still believe as he continues to accumulate which can be construed as a positive. Aimho.

[davidosh] 14/3/2015 20:14

Vianet are mentioned here...

[tadders2] 13/3/2015 13:48

Or a new contract?

[jeffian] 13/3/2015 12:22

I wonder whether this is being pushed up by 'yield seekers' or whether it reflects a belief that the underlying business is beginning to perform better?

[site manager] 20/2/2015 12:07

Yep & at 82p too.
He now holds over 16% of the company.