VTG 0.00% 8.1¢ vita group limited

Ann: VTG Investor Briefing Invitation 22 Feb 2019 H1FY19 Results, page-19

  1. 1,058 Posts.
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    You are not going to like what I am about to say Denbo because I can read how much you like your dividends.

    Why even pay dividends? IMO keep the cash and invest it into the growth of the business. No one is rewarding VITA for their dividend. Frankly I would increase my holdings if they did that.

    Telstra 5G rollout is just around the corner. My Telstra 4G is much much faster than Telstra NBN at my home and TPG ADSL2 at my other property. I am thinking of disconnecting both and just using my phone as a hotspot. 

    TPG just announced that they are stopping roll-out of their mobile network. So a great news for Telstra mobile business.

    https://www.abc.net.au/news/2019-01-29/tpg-stops-rollout-of-what-would27ve-been-australia27s-fourth-/10757648

    NIMA is a growth market with aging population and frankly once people get positive results they are on the hook for life (assuming they can afford it). My friend said, she would rather not eat food than not have her procedure done every 6-8 months.

    On top of all, Maxine has seen her substantial holding in VTG drop around 5 fold so one would have to assume she will be working hard to move this company in the right direction.

    Better than some other ASX companies where the management has very little skin in the game and are frankly just money grabbing whenever they can. They are failing miserably yet they are getting all their performance rights. Go figure!

    Yes like any stock, VTG can go down, VTG can go broke but I like my odds with VTG so as long things keep on improving I will be holding.

    This is only in my opinion, not offered or to be taken as financial advice, DYOR
 
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Currently unlisted public company.

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