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.
Most recently on company describing itself as “a leading global provider of premium branded hardware products and software solutions to the content creation market” Videndum (VID), I concluded as the shares slumped to 250p that it was still an ongoing challenging trading avoid/sell. The shares most recently closed at 237p and what about them currently edging up to 240p on the back of half year results including emphasising “underpinned by ongoing operational efficiencies, disciplined cost‑reduction initiatives and the continued contribution from new products… medium term, we expect to deliver revenue in excess of £350 million, together with a mid‑teens adjusted EBITDA margin”?
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