Ten Lifestyle Group (TENG) has updated including that it “expects to report Net Revenue that is slightly ahead of market expectations of £43.3m… Adjusted EBITDA profit is expected to be slightly ahead of market expectations of £4.5m”. However, already down from a start of 2020 134p, the shares are currently slightly further lower at 82p...
‘Travel and lifestyle service’ group Ten Lifestyle (TENG) has updated commencing “adjusted EBITDA is expected to be breakeven, in line with the board's expectations and a significant improvement on adjusted EBITDA loss of £2.5m in H1 FY19, with continuing improvements in operating cost efficiencies”… the shares, having already fallen from approaching 130p last month, have currently responded towards 78p – a further approaching 6% lower…
Previously writing on provider of concierge services via a digital platform and ‘Lifestyle Managers’, Ten Lifestyle Group (TENG) I noted; So it’s revenue in line with reduced expectations, contract roll-out then requires positive volumes of activity and the profit warning also noted “some of the investment into new verticals that was not deployed in FY2018 will now be made in FY2019”. These are significant factors to look for in the 28th November-expected results announcement…
“Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel platform for the world's wealthy and mass affluent, provides an update on trading activities ahead of the company's full year results for the twelve months ended 31 August 2018. The board expects net revenues for the financial year to be in line with market expectations”. Er, ok – what about bottom-line performance?...
Having IPO’d on AIM at 134p per share in November, ‘lifestyle’ and travel concierge services group Ten Lifestyle (TENG) has announced results for the six months ended 28th February 2018. These include CEO Alex Cheatle “delighted with the increase in member satisfaction levels” and “as convinced as ever about the significant market opportunity and Ten's growth potential within that market as well as our ability to generate value for our shareholders”. The shares are currently at, er, 97.5p…
In November Ten Lifestyle Group (TENG) announced a 134p per share IPO, emphasising “traction our business model and technology platform has generated in our target expansion markets will now be supported by significant investment”. There’s followed in recent months “Ten Wins Contract With Visa”, “Ten Wins Contract With American Bank”, “Ten Wins First Contract with HSBC” and “Ten Wins Contract With OCBC Bank” announcements. Now a “Trading Update”. Must be good news then…
Hello, Share Chinners. As mentioned by moi before on this tantalising website, the rich are getting richer while the poor go the other way. This is a crazy injustice to which politicians should put up their hands. But ordinary folk like us cannot reverse the trend, so we might as well make some share money from the crazy situation.
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