By Steve Moore | Thursday 26 September 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.
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?
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