Not that I am a fan of Motley Fool but they did have this comment on 30th June - (I am holding at a loss but I am hoping positive results in the year will see SP lift) :
Vitaco Holdings Ltd(ASX: VIT) – The shares have struggled to regather any positive momentum despite the company re-affirming its prospectus full year profit forecasts on several occasions. Nevertheless, I think Vitaco offers an attractive value proposition for investors that are looking for exposure to the health nutrition and wellness sector that isn’t offered by some of the other larger vitamin companies. Although the company is still at the early stages of targeting the Asian market, it has the manufacturing facilities in place that will allow it to meet the expected increase in demand. The shares are now trading on a P/E of around 16, which is attractive when you compare it to some of the other companies that operate in the sector.
VIT Price at posting:
$1.50 Sentiment: Hold Disclosure: Held
