By Steve Moore | Friday 23 October 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on Vianet Group (VNET), in August with the shares at 96.5p I concluded the results for the company’s year ended 31st March 2020 included “basic earnings per share at 8.56 pence (2019: 8.87 pence)”, with net debt of £0.95 million (3.29p per share). With that and the above with a lack of financials, I currently avoid. Today a further trading update – and the shares up on the back of it, though only to 68.5p…
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