Vianet Share Discussion Threads

[this_is_me] 30/3/2020 06:43

The directors have not re-mortgaged their houses to pile into the shares but at least they bought a few.

[panshanger1] 26/3/2020 19:52

Decent business but difficult to add without a little more visibility on peak infection rates

[tole] 26/3/2020 19:18

96900 trade at 11.15 this morning looks like the last of the seller too.

[tole] 26/3/2020 16:11

Nice turnaround. Hopefully that's the bottom for now and that morning drop flushed out the last of the sellers.

[pottsypotts] 26/3/2020 09:56

Thank you for that, suppose the biggest risk is even at a reduced rate it's a waiting game to see when the pub ban is lifted as looks like with the quoted " reconnection fee" could make life difficult for the company, although if it's a cost saving device for efficiency why would any owner be inclined to cut that first?

[galeforce1] 26/3/2020 09:34

potts - the measuring devices in pubs (Smart Zones) is about half the turnover, from memory, but it provides most of the profits. But it's essentially a non-growth cash cow business.

The Smart Machines business is all over the place - monitoring vending machines and coffee making machines in petrol stations, railways stations, etc etc. Also converting them from coins to contactless, and taking a monthly fee.

They are definitely doing the right thing in slashing their fees in the short term, and building them back up again when normality gradually returns.

[galeforce1] 26/3/2020 09:34

Duplicate post

[pottsypotts] 26/3/2020 09:16

What proportion of machines are in the pub industry? Has anyone any figures on the spread of industries these are involved in?

[its the oxman] 26/3/2020 08:09

Agree , no shocks in statement, challenging trading ahead as for whole uk economy , div being held is a sensible move and co looks well positioned to survive the current uk shut down. Just hard to buy sometimes when fear is rampant.

[thomshrike] 26/3/2020 08:02

In my opinion, this does not differ at all from what we could expect at this time.
We are seeing a lot of battered stocks rallying strongly in recent days (e.g. travel and leisure) on bargain-hunting despite the negative newsflow. I have some hope we could see the same here in the near future.

[tole] 26/3/2020 07:57

Glad to see they are retaining customers by offering a reduced rate both in smart machines and smart zones .."In anticipation of this, we had therefore proposed a reduced rate on all our contracts in order to maintain business continuity and to avoid more expensive reconnection costs for customers when pubs reopen. We are encouraged by our customers' responses and expect to be able to protect a meaningful portion of the Group's recurring revenue during this period of pub closures."Also a few positives from smart machines in what are now the prime locations.."It is too early to predict the overall impact of COVID-19 on our Smart Machines business as we have seen mixed trading impacts across the range of our customers. Some vending machines, including those in hospitals, supply chains and emergency services are trading very well, whereas those in closed city centre offices have experienced little or no sales."And positives from the contactless system"Positively, we are seeing increased demand and usage of our contactless payment solution rather than 'dirty' coins.

[tole] 25/3/2020 10:28

Earlier buys at 67p above the current offer price of 66p at the time

[panshanger1] 25/3/2020 10:19

Trading announcement on 26/3 last year Should be imminent

[bouleversee] 25/3/2020 09:25

What offer?

[its the oxman] 25/3/2020 09:06

Added, big bounce here at some point. Easy money to be made getting back over 100p - I hope. Overlooked and forgotten by the recovery so far.

[tole] 25/3/2020 08:46

Buying coming in above the offer

[tole] 24/3/2020 11:53

Had a few at 65p

[tole] 19/3/2020 15:38

Also a good move selling those treasury shares when they did netting also double what they would have got today..

[panshanger1] 19/3/2020 14:07

Good to see recent director buys here

[tole] 19/3/2020 12:29

Trading update last year was last week of March., so not long to wait

[jonwig] 02/3/2020 06:44

Citywire does have an article, but I wouldn't recommend clicking on that link!

Who’s trading? Citywire AAA-rated Ken Wotton and Brendan Gulston

The trade: Gresham House’s small cap experts pared their stakes in vending machine business Vianet from just over 13% of shares to 12.9%.

How have the shares performed? The stock surged from 116p in early October to an all-time high of 168p in December, before falling back to 132p in last week’s stock market sell-off.

What does the company say? The business reported ‘very strong’ recent growth following the award of three contracts worth a total £10m last summer. Revenue climbed 7.7% in the year to last March, to £15.6m, with pre-tax profit up 29.8% at £2.6m.

What’s the outlook? Broker analyst Arden Partners holds the company at a price target of 185p. Gulston last year described the business as a ‘hidden gem’, having delivered 12 years of ‘strong income’. ‘Vianet is a classic example of a mature smaller company operating in niche spaces,’ he added.

[tole] 28/2/2020 13:25

Director sees value here with a small purchase.