From £6.99 per month
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Virgin Wines – warns again! And with CEO Jay Wright stating this following covid-period growth… having argued then “a clear strategy to continue this growth over the coming years”!

By Steve Moore | Thursday 4 May 2023

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.

A trading statement from online wine retailer Virgin Wines UK (VINO) commences that “significant progress has been made in remedying the stability and software operational issues that previously affected the implementation of the new Warehouse Management System, which, as previously reported, negatively affected H1 revenue and profit” and includes “in a good position to benefit from ongoing improvements in the macroeconomic environment”. So what of a current 36p share price, £20.1 million market cap, more than 7% further lower?
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was



H&T Group – now again a Buy

Time left: 05:11:54