Vitaco

I hold a large portion of a stock Vitaco (VIT), it has been performing extremely terrible recently, can I get some expert opinion from your team?

 

A: Thanks for the question.

Charlie Aitken last wrote about this on 3 March with a pretty definitive piece – link attached.

Only new piece of news would appear to be their statement last Wednesday about the impact of changed regulations by the Chinese Government (also attached).

On 6 April, Citi cuts its price forecast from $2.80 per share to $2.35. That leaves the broker consensus target price at $2.54.

I will ask around however at the moment, I can’t shed any further light.

Regards,
Peter


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