VNT 0.47% $4.21 ventia services group limited

IPO - Ventia Services Group Limited - 25 November 2021 12:30PM AEDT ##, page-28

  1. 2,475 Posts.
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    My opinion:
    • Ventia has a poor relationship with some customers and struggles to win contracts.
    • It was created a few years ago for the purpose of being flipped.
    • The CEO has worked there a few months, straight off the boat from UK and has already got 30 million dollars or something from this listing (he's done nothing).
    • CFO is an apollo plant.
    • The company has never had a good CEO.
    • The best leader they had is leaving the business / retiring.
    • When Ventia acquired Broadspectrum from ferrovial, the company became more Broadspectrum than Ventia. The issue is that Ventia's contracts run leaner and make more money. Broadspectrum is the opposite.
 
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