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Vianet – half-year update argues “in line with management's expectations”, but suggests demanding second half requirements!

By Steve Moore | Monday 4 November 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.


Business jargon group (Oops, I mean group providing “actionable data and business insights through an integrated ecosystem of connected hardware devices, software platforms and smart insights portals”), Vianet (VNET) has issued a “trading update” commencing that its half-year ended 30th September 2024 performance “reflects the strength of its business model” and including “positioning the group well for continued growth and success in the upcoming periods”. So what of a current share price response 4.5% lower to 117p?
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