Videndum Share Discussion Threads

[nexusltd] 28/10/2024 12:40

RNS. CEO Bird gone, CFO Rigamonti demoted.

[eigthwonder] 28/9/2024 08:01

Less than a year after an emergency fund raise.....Got to think the CEO is on borrowed time, although the Board has a "jobs for the boys" (and girls) look to it. The brainiest director was probably Martin Green but he was wise enough to jump ship before all this.

[creditcrunchies] 28/9/2024 01:29

The guidance that trading has not improved and losses will be reported. That's why it dived. The worry is the high level of debt

[scars] 26/9/2024 09:03

What has this reacted too?

[scepticalinvestor] 25/9/2024 07:57

Interims this week no?Curious how much further this goes

[scars] 28/5/2024 15:07

Looks like people eyeying restoration of a dividend at some point in the future... When is a good question...

[scars] 23/5/2024 14:06

Slow steady tick up, may be out of intensive care soon!

[scars] 22/5/2024 08:36

Signs of a heartbeat!

[scars] 19/4/2024 08:49

Results next week, should at least give a baseline of where the company is going!

[trcml] 02/4/2024 14:09

results sometime during the week commencing 22 April 2024

[dexterburt1] 19/3/2024 17:01

Management change long overdue.

[scars] 14/3/2024 10:08

So not much progress here, delayed accounts, no dividend, challenging environment, and slow recovery. At least another year to recovery?

[scars] 16/2/2024 15:03

Very quiet here, hoping no news is good news! Could do with some good news to really get the ball rolling!

[scars] 13/12/2023 17:23

Yes, but I am sure I saw some other buys earlier.

[eigthwonder] 13/12/2023 12:34

weren't they just part of the fundraiser? ie daft not to do some to avoid dilution?

[scars] 13/12/2023 11:53

Going in the right direction now at least, I think the director buys will have given some confidence.

[scars] 08/12/2023 17:25

It will be interesting to see if there will be some kind of recovery now

[essentialinvestor] 23/11/2023 20:44

And that still leaves over £130 Million in net debt ?.

[creditcrunchies] 23/11/2023 20:41

The offer fixes their debt position to clear the loans for the acquisition of Savage and Audix. 72.5 million to clear their bank credit facility. You won't see the share price of 1250p again with this level of dilution be lucky to get 500p tops for a recovery from my guesstimate

[creditcrunchies] 21/11/2023 22:52

Classic example of what can happen when accumulate debt then get hit by a downturn and high interest rates. Obviously the shareholder is the cheapest option to get them out of this mess.

[cfro] 21/11/2023 14:00

When you think the shares were trading above 1600p not that long ago and they are now raising money at 267p, you do have to ask how the CEO is still in his job..

Glad i never invested here.

[essentialinvestor] 21/11/2023 13:05

TRCML, try adding up the huge amount spent on acquisitions over the last 5/6 years.

And then perhaps ask if these acquired businesses have added or destroyed shareholder value.


Spooky, agree, extraordinary.

[trcml] 21/11/2023 13:00

Surely it's not the CEO's fault two strikes in the USA and retailers over-stocking?

[spooky] 21/11/2023 09:06

How has the CEO managed to hold onto his job?

[typo56] 21/11/2023 08:21

Looks like holders get a 2 for 5 open offer (ex from open this morning). They're not tradeable rights, so you either take them up or lose out.