Market's view on Victoria
Published on April 2024
- Stock watchers voice concerns about the company's share buyback strategy, noting that while a substantial share buyback program has been announced, only a fraction of the allocated funds have been used so far.
- The financial health of the company is questioned given its significant debt compared to its operating cash and the time it might take to repay this debt based on current profits.
- There are criticisms about the company's overall strategy and financial management, citing that the company has been involved in accounting manipulations and questionable acquisitions to sustain its share price.
- Some stock watchers express a lack of confidence in the company's future, predicting a possible collapse of its share price, while others remain hopeful of recovery when the market conditions improve.
- Concerns are raised about the lack of transparency regarding where recent significant share sales have originated and how these shares are being utilized, particularly whether they are being held in treasury for future executive bonuses.