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Vianet should serve investors well
Although Vianet Group (73.5p) has seen some recovery in its share price, this has lagged many other companies where very similar challenges are being faced. The shares currently stand at just under half the level they started 2020 at and we believe that this is more to do with sentiment than fundamentals. Harsh trading conditions cannot be ignored but we believe that prospects over the longer term mean that the shares are cheap.
Vianet was previously known as Brulines, when its principal offering was a system which records the total volume of liquid passing through beer lines. As well as monitoring the amount of stock dispensed this also developed into a system which recognises the brand performance of draught beers, ciders, lagers and spirits. The company has…
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