VSH

graham
I have been out of the UK for a while - back yesterday.

Strange that readers do not seem to have read the very bullish 'Business Update' of 16 October which states that the company has been profitable every month since May, and reported sales of £474,000 for September - the highest level so far at the time.

Several contracts are discussed. It is clear from the wording, and further from the pre-close Trading Statement of 20 December, that sales which had risen substantially every month this year were continuing in the same vein thereafter.

These two RNS seem to have reversed the downtrend in the share price brought about by trappist PR silence during the Summer. Since and including the 9% turnround seen on 27 November the share price has been moving upwards within a new Trend Channel rising at just above 100% pa. IMO this reflects just the current trading and allows nothing for possible success of the YourDay proposition which must be on test by now.

Matt: please note that in an RNS of 18 August VSH declared possession of 46% of the shares in Your Day - not 40% as you thought.

lemminginvestor.com