Yr Emd Update19 Jan 2022 20:00
27th Jan 2021 we got an end of year update RNS suggesting mass vaccination would get the orders rolling in again. Since then, we’ve not heard anything of value, I’m expecting we will hear similar again this month but shedding the blame onto the Omicron variant.
If that does happen, then we will hit 1p IMO.
I don’t know a single construction trade that is not rushed of its feet at the moment. Covid delayed a lot of projects, until people and companies realised that life goes on… and so does business. This caused a huge backlog of construction orders, so much so, demand is outstripping supply and raw material costs are increasing significantly.
So why has this demand not hit VDTK??? Many reasons, none of the good.
I can see 1p by the end of the month post update (if they can even be bothered to give us one)