What’s the story with Vita Group?
In this video insight we run through a series of events we’ve observed surrounding the Vita Group share price over the past 6 months. For those new to Vita Group, the firm runs a network of over 100 Telstra retail stores and business centres as well as several other retail and enterprise offers.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
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Jaye
:
Thanks Scott, a thoughtful and well presented update.
Have you considered the impact to the Vita Groups core business if Telstra decides to operate their Telstra Retail and Business stores internally?
From memory, Optus made a simular decision with their stores not to long ago.
John
:
Thanks Scott for the insights. Listening to the Vita teleconference Maxine sounded confident in future prospects. But I might reduce my investment slightly due to the downside risk. Do you think poor Telstra results will impact the commission structure further?