December 4, 2017 11:40 pm Good morning, it’s Paul here!
Thank you for the reader requests. I’ll be able to cover most of them. Please see the header above for the list of stocks whose results or trading updates that I will be reporting on today.
Vianet (LON:VNET)
Share price: 122.5p (down 9.9% today)No. shares: 28.0mMarket cap: £34.3m
(at the time of writing, I hold a long position in this share)
Interim results
Vianet Group plc (AIM:VNET), the international provider of actionable data and business insight through devices connected to its Internet of Things platform (“IOT”), is pleased to announce its interim results for the six months ended 30 September 2017.
The core, cash generative business within Vianet is the Brulines business, which monitors amp; reports the flow of beer in tenanted pubs (to ensure the tenant doesn’t cheat the system by selling cheaper beer, bought outside the brewery tie agreement). The second, up amp; coming division provides remote monitoring for vending machines. Its petrol station business has been disposed of.
Today’s results look to have disappointed the market, with the share price down almost 10%. Although as with most small caps, there is little liquidity, hence it only takes…