I previously wrote on Vianet Group (VNET) towards the end of 2022, concluding cautiously with the shares at 63.5p though noting I’d monitor for trading momentum and cash generation swings. The shares were at the same level at the end of October last year but have risen significantly since and currently further today to 116p on the back of “Contract Win” and “Trading Update” announcements. How’s the group’s trading momentum and cash generation now?
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