VTG
Click for more information
0.00% 8.1¢ vita group limited

Ann: Trading Update 1H FY16 and Next Byte closure, page-15

  1. peterdoobes
    2,483 Posts.
    lightbulb Created with Sketch. 55
    clock Created with Sketch.
    15/12/15
    21:47
    Post #: 16621786
    I'd say the profit guidance was the main factor behind the share price jump. Consensus FY16 EPS sat at around 14cps prior to the update. Now it looks like 18cps base case. Next Byte closure is also a positive going forward in that it closes a non-profitable arm and allows management to focus on their main growth option, being the business and enterprise channels
    VTG Price at posting: $2.15 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

RDN Preliminary interpretation of Andover South reveals key NE-trending corridor hosting lithium mineralization
right-arrow Created with Sketch.
NEWS New drilling at the Rogozna Project delivers a standout intercept, highlighting significant resource expansion potential
right-arrow Created with Sketch.
NEWS Uncover the potential at the Storm Project, where exceptional RC drill results reveal 22.9m at 8.5% Cu, indicating significant resource expansion beyond the Cyclone Deposit
right-arrow Created with Sketch.
NEWS High-grade manganese found at the W2 prospect in Wandanya
right-arrow Created with Sketch.
NEWS Discover how gas production wells are progressing with successful drilling and promising early gas flows
right-arrow Created with Sketch.
NEWS $140,000 in grant funding has been secured for drilling at Golden Ridge, with preparations underway for two exciting prospects
right-arrow Created with Sketch.
watchlist Created with Sketch. Add VTG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.