Most recently writing on technology products for ‘content creation’ company Videndum (VID), in December with the shares down at around 210p I reviewed ‘is “some signs of gradual improvement” a sufficient recovery?’ and concluded to still avoid/sell as it looked to have a quite precarious finance positioning considering its performance, net debt and the wider financial environment. The shares most recently closed down at 62p and what of now a “Trading Update”?
Most recently writing on technology products for ‘content creation’ company Videndum (VID), in September with the shares falling below 230p I concluded that its cost reductions looked quite a desperate measure and to avoid/sell. The shares most recently closed at 256p and today a “Pre-Close Trading Update” including that it is “seeing some signs of gradual improvement”, so what of a current share price response down to around 210p?
Writing on technology products for ‘content creation’ company Videndum (VID) in July, with the shares 277.5p, I noted it stating “the pace and shape of the post-strike recovery remains uncertain” and with that and its debt, ahead of the further detail of half-year results still avoid/sell. What about now the half-year results and, despite emphasising “signs of improvement with some post-strike recovery in the cine and scripted TV market”, the shares currently further down to below 230p?
Technology products for ‘content creation’ company Videndum (VID) has issued a trading statement commencing that its “first half revenue was broadly in line with its expectations, reflecting some post-strike recovery in the cine and scripted TV market” and including that “net debt at 30 June 2024 was c.£118 million, down from £122.4 million at 31 March 2024… The board continues to expect a recovery in the second half”. What about this from a current 277.5p share price, down from above 500p as recently as last September?
Describing itself as an “international provider of premium branded hardware products and software solutions to the content creation market”, Videndum (VID) has announced results for the 2023 calendar year including noting significant impact from headwinds including strikes by US writers and actors but “strong” industry confidence in the post-strike recovery. So what of a share price currently down a further more than 2% to below 280p?
Last month writing on ‘content creation’ technology provider Videndum (VID), I noted with the shares further down to below 550p that it would be interesting to see the scale of decline with the half-year results – this why more time is required to finalise them?… avoid/sell. The shares most recently closed at 550p but today the first half of the 2023 calendar year results and, despite the company emphasising “financial performance significantly impacted by ongoing macroeconomic headwinds and effects of destocking, and compounded by the US writers' strike… as previously highlighted”, what of the shares currently significantly further down to below 400p?
A “Revision of Half Year Results Date” announcement from Videndum plc (VID). With the shares further down to below 550p from above 1000p at the start of this year, why’s this then?





