VGL - Vista Group.

[sb9]

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.

Yeah, bit underwhelming. Did have a look at them few weeks back looking to add but thought I'll wait until the results are out. Also, looks like one of the funds have been reducing their holdings recently (Investment Services I think).

Might see the sp drift below $5 in the short term, just my take DYOR.

[sb9]

Hmmm...down 20% on open, looking nasty.

[Leftfield]

Yeah, bit underwhelming. ....Might see the sp drift below $5 in the short term, just my take DYOR.

Ouch down a $1 on opening.... I'm regretting my recent decision to top up a few.

VGL now the only red ink in my portfolio!

Will take a walk and make my decision.... hold or sell?? Move to SAAS is a good move but 2 years away?

[King1212]

Good pick up today.....thanks!

[King1212]

The growth is huge...why sell! Once on Saas then is a cash machine...

[Leftfield]

Thanks King....everything is better after a long walk. Overall my portfolio up at this point today, so can't grumble.

Keep calm and carry on!

[RupertBear]

OUCH! This is ugly! Must be good buying at this price surely?! Hope so as $4.11 was too tempting for me so it will probably go below $4 now

[RupertBear]

Geepers $4.00 time to go for a walk

[carrom74]

OUCH! This is ugly! Must be good buying at this price surely?! Hope so as $4.11 was too tempting for me so it will probably go below $4 now

Should go below $4 RB...its surely tempting!

[sb9]

OUCH! This is ugly! Must be good buying at this price surely?! Hope so as $4.11 was too tempting for me so it will probably go below $4 now

That's the problem with dual listed stocks, aussies are more brutal to slam the price down.