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8.1¢ vita group limited

Ann: Vita Group completes acquisition of Clear Complexions, page-13

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4,350 Posts.

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21/11/17

12:07

Post #: 28980902
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Originally posted by hatch ↑

Ultimately, it’s the balance sheet and the M.Horne factor that keeps me confident in this business. If they start haemorrhaging money then I might re-consider my position.

I don’t think we’ll be seeing double digit growth like many were expecting 18-24 months ago, but irrespective of that I think there is solid growth available with consistent earnings.

At current prices it’s worthy of the investment just for the dividends! I’m tipping we’ll see some sort of an update over the next few weeks. Announcing a few extra TLS stores would go a long way to increasing confidence.

Once again I really think this is a good opportunity to be entering, but as always DYOR.

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The fundamentals look okay...but the SP graph is a "white knuckle" ride. This isn't a share for the queasy.

VTG Price at posting: $1.14 Sentiment: None Disclosure: Held
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