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Virgin Wines UK – interims, states “confidence in ability to meet FY24 profit expectations”… but doesn’t bother to indicate what those are…

By Steve Moore | Monday 25 March 2024


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.


Online wine retailer Virgin Wines UK (VINO) has announced results for its half-year ended 29th December 2023 headlined “Introduction of strategic initiatives and robust customer base underpins triple digit bottom line growth”. The shares have currently responded up to 41.5p, but is there value including with they still down from above 50p as recently as September?
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