View Poll Results: Will You Invest In This IPO
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Buyside interest all but vanished currently, and shareprice retreating accordingly. I topped up at $1.48 but it looks like going lower unless some positive news emerges.
Off to see The Beekeeper at the Elsternwick theatre in Melbourne this morning. A venue with real character, and a favourite of mine whenever I visit that city.
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Originally Posted by ronaldson
Buyside interest all but vanished currently, and shareprice retreating accordingly. I topped up at $1.48 but it looks like going lower unless some positive news emerges.
Off to see The Beekeeper at the Elsternwick theatre in Melbourne this morning. A venue with real character, and a favourite of mine whenever I visit that city.
You'll love the movie mate!
BEE KEEPER...Jason Stratham is outstanding! full of complex dialogue amongst entwined relationships. A real thought provoking contemporary piece of art that will be talked about for years.
Body count well over 1000 I reckon.
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O my ..... extraordinary level of personal violence in high definition colour patched into a storyline that made for compelling viewing.
And best of all VGL closed at $1.56 today, a rare positive given my 15k top up acquisition on Friday/Monday. I picked this stock in the 2024 competition too but it's probably still in negative pricing for that circumstance.
We will all have to wait and see where this goes.
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https://www.nzx.com/announcements/426967
Vista Group International Limited (NZX & ASX: VGL) reported its full year results for the year ending 31 December 2023 today, finishing the year with strong client signings to its cloud platform.
Financial overview
• EBITDA1 of $13.3m (up 25% on FY22)
• Total revenue of $143.0m (up 6% on FY22), with Recurring Revenue2 of $124.0m (up 10% on FY22) and SaaS Revenue2 of $45.9m (up 20% on FY22)
• ARR3 of $126.3m (up 7% on December 2022)
• Operating cashflow of $9.0m including business transformation items (down 27% on FY22)
• Loss for the year of $13.6m (down 35% on FY22)
• Average monthly Cash Usage4 in 2H23 of $0.6m, down from $1.2m in 1H23. On track to become Free Cash Flow4 positive during 4Q24.
Outlook
• 2024 revenue guidance of $152m – $157m, with Non-Recurring Revenue2 of ~$18m
• Vista Group remains on target to achieve its medium-term aspirations of ARR3 of $175m+ and EBITDA1 margin of 15%+ in each case by the end of 2025, and to be Free Cash Flow4 positive in 4Q24.
Operational overview
• First multi-territory client live on Vista Cloud, United Cinema (Australia and New Zealand)
• Strong 2H23 signings to Vista Cloud, including Pathé (France, Netherlands, Belgium, Switzerland, 129 sites), Major Cineplex (Thailand, 182 sites) and Vista Cloud’s digital solutions, including Cinepolis (Spain, 50 sites)
• Expanding existing customer contracts, Vue (Germany and Denmark)
• Completion of the business transformation process, supporting Vista Group’s vision and strategy, increasing role clarity for our people, and delivering over $10.0m of annualised cost savings.
Industry overview
• 2023 box office5 of US$34b, up ~30% on 2022
• Domestic box office5 of US$9b, up more than 20% on 2022
• Innovative and diverse content in 2H23, including the ‘Barbenheimer’ phenomenon (both original content) and Taylor Swift: The Eras Tour.
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Retrieved this thread from page 4. Funny how interest in posting on particular stocks ebbs and flows.
Share price $1.80 today, and on a bit of an upwards tragectory for now.
A competition pick for me as well as a portfolio holding, so good news all round.
Last edited by ronaldson; 15-03-2024 at 02:14 PM.
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Junior Member
Some very big volumes for Vista went through right at the end of the trading day today. 1,168,760 shares at $1.85. Is someone positioning themselves for a takeover?
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Originally Posted by DavidB
Some very big volumes for Vista went through right at the end of the trading day today. 1,168,760 shares at $1.85. Is someone positioning themselves for a takeover?
Interesting thought, but there are 236.243m shares on issue as at 31 December 2023 so the aggregate traded on market today is less than 0.5% of the total shares.
Have a look at the existing SPH notices/Annual Report to see who already has a 5% or more holding. That's always good to know regardless.
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If Friday close not related to index balancing, its definitely bullish close and might push past 2 mark in the short term.
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one step ahead of the herd
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Big volumes changing hands over past few days, looks like shift in register from one big boy to another.
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