Vianet Share Discussion Threads

[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.

[kingwizard] 27/2/2020 16:40

Thanks guys, will see where it goes. Potentially buy in some more .

[galeforce1] 27/2/2020 12:39

king wizard - VNET is very illiquid, and it doesn't take much buying or selling to push the price up and down quite fast.
But when things stabilise (and who know when that will be) we should see some institutional buying into any weakness.

[thomshrike] 27/2/2020 12:33

Hearing that:
(i) the share price decline is retail-led (not institutional).
(ii) the company has not seen any impact from the coronavirus situation, either in client behavior or in the ability to deliver their products (as they have excess inventories for situations where there could be disruptions in supplies of components).
It is important to remember that the company manufactures/assembles their products exclusively in the UK.
As such, it seems panic-related only and certainly overdone.

[kingwizard] 27/2/2020 11:35

Any idea why the big drop today, trying to find some news.

[gswredland] 27/2/2020 11:29

last trading update extremely positive and not so long ago
holding...

[panshanger1] 27/2/2020 10:14

Added a few

[panshanger1] 26/2/2020 17:41

Think we get a trading update towards the end of March