Australia's largest stock trading and investment forum Australia's #1 stock forum

VLS

Click for more information

1.32%

$2.30 vita life sciences limited..

Ann: Half Yearly Report and Accounts, page-6

First 6 Last

Share
Profile

Follow
Fat Harrys Cat

4,985 Posts.

1047

01/09/20

18:12

Post #: 46998334
Share

Originally posted by takeprofits: ↑

Looking at the one year npat in my view doesn't paint an accurate picture of the business. They have spent money protecting their sales in a very competitive market, expanding their market and re aligning their focus.

They haven't experienced any meaningful growth for quite a while however they continually hit their revenue, pay a good fully franked dividend, buy back shares, put cash in the bank have minimal debt and currently have $13m in cash!

Expand

I agree with you, TP.
There are those who criticize share buybacks but it's one feature that makes me want to invest in a company.
It indicates the company is making good money and the BOD don't want to gamble it by venturing off into some hare-brained non-core business (for example) like some I could name (who almost always come unglued.)
Low debt and regular, FF divs; what more could an investor ask for?
I guess that's why the sell side is very, very thin!

VLS Price at posting: 88.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

Reply

Top Stories

AI stocks: What to expect in 2024-25

NWC

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

ATH

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

LRL

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

CTT

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

There are more pages in this discussion • 2 more messages in this thread...

First 6 Last

Add VLS (ASX) to my watchlist

(20min delay)
Last $2.30		Change 0.030(1.32%)		Mkt cap ! $129.7M

Open	High	Low	Value	Volume
$2.27	$2.30	$2.26	$7.731K	3.374K

Buyers (Bids)

No.	Vol.	Price($)
1	8	$2.21

Sellers (Offers)

Price($)	Vol.	No.
$2.30	9076	2

View Market Depth

No.	Vol.	Price($)
1	8	2.210
1	3680	2.200
1	1500	2.150
1	20000	2.140
1	7000	2.100

Price($)	Vol.	No.
2.300	9076	2
2.380	3783	2
2.500	10000	1
0.000	0	0
0.000	0	0

Last trade - 11.32am 17/07/2024 (20 minute delay)

VLS (ASX) Chart