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anyone following vianet? (VIA)     

ssanebs - 08 Dec 2003 22:03

I have been hearing a number of bullish comments on this company. The company distributes vending machines all over the country that give out cash, mobile top ups etc.. and have around 400 machines. They recently had a fund raising which was succesful and will be reporting on Friday. The good news is that they plan to go into e-commerce and have already signed a deal with Alcatel. So in the future if you run out of cash a quick call on your mobile enter your security pin and you will have purchasing power. Does anyone have more info on this company?

Treblewide - 21 Jan 2007 20:54 - 28 of 28

good investment??? they are turning over circa 25k per month, have 9 months cash left and it looks as if Mars are trying to pull out of their contract.

they need to sell 2,500 units per month fro break even, i think they have sold in total maybe 5,000 in 2 years.

looks very dodgy to me



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