VTG 0.00% 8.1¢ vita group limited

Ann: Vita Group response to Telstra remuneration reductions, page-71

  1. 564 Posts.
    Read JimmyC posts earlier on this stream and go back to the underlying statements. I'm not your personal researcher.

    Commission structure reverting to a more normal and sustainable level like the old years. Sadly more pressure on retailers, costs and other challenges so old commission revenue might not translate into the old profits. The reality is I prefer to avoid potential train wrecks I didn't get the 200% rise on VTG but I avoided the 80% fall.

    After what's happened it's fat chance another boom time will happen for VTG financial performance and investors will be cautious having seen the huge TLS risks. The past is the past. The future doesn't look great for 10-15 years when compared to other opportunities like Amazon, Alibaba, Facebook, Tenecent or any other powerhouse opportunity out there. That's where I'd like to play and might top up if we have a big sell off in the months or year ahead.
 
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