Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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At what price do you plan on selling at I bought in at 60 also
£1 paid today, great rise since I got in 18th January @ 61.82p.
I’m in no rush to sell just yet
in at 60.64p. Like the business, can't see it going much lower unless something else comes up with COVID and with the BOD buying, gives me confidence.
"The Group is pleased to report that trading for the first half of the current financial year has been ahead of our COVID-19-revised ("C-19") management forecasts. There has been month-on-month improvement in operating profit and cash since the start of the financial year with September moving into profit.
Whilst the C-19 situation remains difficult to predict, the Group is in a robust financial and operating position to navigate FY2021 and continue the solid momentum that was building prior to C-19 and deliver on the exciting growth opportunities that we see ahead of us.
James Dickson, Chairman of Vianet, commented:
"Having seen a month-on-month improvement in operating profit and cash since the start of the financial year, Vianet remains in good shape to come through the C-19 crisis and emerge strongly.
"However, we once again find ourselves in uncharted waters alongside our hospitality sector customers following the government's announcement of further new measures over the past two weeks."
Sounds good in general, and promising for the long term, but vulnerable to the 2nd wave.
This might hit a new low dependent on the new lockdowns, I'll certainly be picking up more if it drops back to the 50's, I expect a bounce back within a few months
Nice to see Vianet doing their bit to help pubs by reducing their smart zones charges during the pandemic. They won't have had much data to report on anyway! I think the pub side of this business will likely continue to decline although their smart machines look promising
I just bought in here. Growth industry providing contactless payment systems for vending machines, car parks etc, stable contracts. Profits each year, dividends (Though not this year in order to manage cash), taking on staff https://vianetplc.com/apprenticeships-as-vianet-continue-to-grow-and-invest-from-within/ Chairman owns 17% and is still buying
https://www.ft.com/content/72edead1-80ee-4787-8818-aacfd84ed638
Ministers target June 22 for reopening of England’s pubs and restaurants
From the very outset of the pandemic, our goal has been to preserve cash to ensure both business continuity and to enable ongoing investment in the business, with the aim of being strongly positioned for the COVID-19 exit phase. Whilst these are still early days, we are encouraged that April's trading performance was well ahead of our revised forecasts, and that the measures we have taken to protect the business have been successful, giving us confidence that we are well positioned to exit from the COVID-19 phase with momentum to accelerate our growth plans.
https://www.mirror.co.uk/news/uk-news/pubs-cafes-will-given-fast-22147409
£1 paid. On way to £1.50 imo
With a host of cashless solutions on the market, why did JW Vending choose the Vianet option? “We already use Vendman in the business, so it was an easy decision to make’, he said. ‘The main benefit of the system as we go forward will be the App, which will allow us to see at a glance which products are performing and which aren’t. It will be our way of making sure we don’t carry stock that doesn’t sell.”
There’s going to be a ton of hurdles in the way for bars/clubs etc when they eventually reopen from Cv19 closure.
See what the Government are already discussing as guidelines.
In come Vianet and Smart Machines.
https://www.ft.com/content/d8d1ead8-9823-4c5f-beb3-2b13d066222c
https://vianetplc.com/covid-19-impact-on-cash-payment-threatens-industry-viability/
Nice solution which kills CV19 for bars / clubs etc are getting ready to see if they can open up again safely. Results were ok too, I think the falls were overdone ..
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We have been working hard in recent weeks to drive our Technology roadmap forward and also progress some exciting new product development opportunities, including potential new verticals for our contactless payment solution, new features for Smart Zones customers, and establishing a C19 sanitisation service for pubs and bars.
In the past month, in partnership with Filta Group Holdings plc, we have introduced Vianet Smart Shield, which is a C19 sanitisation service which kills C19 and provides 30-day protection. The solution utilises an existing certified product and vapour applicator. Initial interest has been encouraging and we are also introducing to vending operators for sanitisation of keypads.
Lots of director deals took place on the drop of covid19
Great time to buy imo
definitely worth a listen to the audio cast - the move to a more reoccurring model (90% of revenues) has caused a short term blip in revenues and the full imapct of the latest acquisition has still to feed through. Exciting times ahead and all backed with a decent dividend
Iniitial view is results look positive but will view audio cast later to get a better perspective
The latest large contract win demonstrates that the new focus on the vending division is starting to pay off.
Holding here for a few years and have been adding over the past year encouraged by the constant buys from the chairman James Dickson. It was also a good income play as it paid around 5.7% when the shares were around a �1. They seem more focused with the recently sale of one of their divisions. The vending machine division seems to be the main area of growth for them and it is encouraging to see the recent acquisition that will add around �1.6m in recurring revenues with cost savings, synergies and cross selling opportunities to come.
vnet looking decent now
VNET coming up nicely since the 85p recent July 1st low. Little stock showing so best picked up on any quiet day.
I wonder if we'll see any more director purchases. The CEO has shown a lot of confidence in the past with his share purchases, and the recent fall might mean they take up a buying opportunity too
I sold out the day before ex-divi, but have now bought back in. SP dropped significantly more than the 4p final divi - (from circa 105p to 82p - high/low). On no news at all, just general market gloom and possibly some profit taking and/or stop losses. Plus AGM statement yesterday was pretty good: "noticeably better" than comparable period last year.
The co have a few problems they are slowly working though. But until then I agree great Yield but so far slow growth. DYOR