VGL - Vista Group.

**Leftfield** · 07-08-2019, 10:37 AM

Good thinking dompf. It's a gutsy call, but I'm feeling better with the SP rise so far today. Hope you are too!

**King1212** · 07-08-2019, 11:02 AM

VGL will do well even recession.. people will go to movie... entertainment industry is never in recession!

**Traderwannabe** · 08-08-2019, 03:29 PM

Thoughts on this sp decrease from those more experienced holders of this share?

**kiora** · 08-08-2019, 09:17 PM

Certainly the SP looks soogy but on low volume cf av vol.
I'm not too worried at the moment.

**King1212** · 09-08-2019, 07:42 AM

People are locking thier profit as the sp has a stellar run recently but reporting date is 3 weeks away...so far so good....no news like GTK...so expecting a very solid result as the board is so confident during thier annual shareholders meeting...

**Leftfield** · 09-08-2019, 08:13 AM

Originally Posted by Traderwannabe

Thoughts on this sp decrease from those more experienced holders of this share?

Not sure if I qualify as 'experienced', but my thoughts FWIW.

A lot of the high flying shares such as ATM, PLX and VGL have had their wings clipped by the recent trade wars uncertainty. No doubt some holders have been taking profits while others have been reducing their risk exposure.

IMHO the recent VGL decline is a short term correction while the longer term trend is still in place. As noted above I've used the recent weakness to add a few more and will do so again if the SP declines further. VGL is only 5% of my portfolio so I'm happy to increase my holdings at current 'sale prices.' I still see it as a v good long term holding.

As usual DYOR and take responsibility for your own decisions.

**King1212** · 29-08-2019, 09:14 AM

Great result..moving to Saas ...onward

**Leftfield** · 29-08-2019, 09:25 AM

Not quite the result I had been hoping for....

EBITDA down 19%. Operating Profit down 29%. But here's how the company views it;

• 19% growth in revenue over H12018 for the Vista Group core businesses – Vista Cinema and Movio.
• 16% growth in EBITDA over H12018 for the Vista Group core businesses – Vista Cinema and Movio.
• 35% growth in revenue for Movio over H12018 to $11.6m, resulting in 42% growth in EBITDA over H12018 to $2.3m.
• 12% growth in Vista Group consolidated revenue over H12018 to $67.5m.
• Vista Group EBITDA of $11.8m reduced 19% over H12018 impacted by a decline in movieXchange revenue, reduction in Vista China localisation revenue and adverse comparative FX.
• Vista Group profit before tax of $6.2m.
• Vista Group well positioned to capitalise on future opportunities with $24.8m available cash balance.
• Vista Group to pay a fully imputed interim dividend of 1.2 cents per share for H12019 on Friday 27 September 2019 – the top end of the dividend policy range.