Virtue Broadcst Share Discussion Threads

[3parsnips] 20/10/2004 13:20

Virtue Communications

Re : WTV website

At least the WTV website is being kept updated...there are a couple of news items with today's date (20.10.04)on the website...However we have already found these news items from other sources and read them.

As for the VTB website...all a bit dead..site not updated etc..



------------
3Parsnips

[clocktower] 20/10/2004 13:09

SI....I would not trust them either. Your post sums up the current position well. If I had guessed so many would have continued to sell, I would not have started buying again at 3.25p....if I did not think there was a slim chance of it going lower again, I would be buying more now, as a lot of others will do when it starts to rise at some point (we hope):-) I will also buy more as will other bigger holders on the first rise I expect, to ensure it motors along.

Bada, I base it on the info available in the report and my revenue estimates based on resonable growth from Unit.net and Kamera, based in itself on past growth we know of,with less attention to revenue growth from WTV but increased performance of VTB in other areas due to the WTV factor.

I do not over estimate my figures, I feel the business could outperform them with ease.

[jnbrw] 20/10/2004 13:06

stupid idiot - not sure about 0.5 - but think this could test the 0.75/1.0p level due to the level of disillusionment.

Sentiment is very weak with this one at the moment and and I doubt that new buyers will be rushing to buy in the current circumstances.

[stupid idiot] 20/10/2004 12:48

I think one of the problems whith this now is that ex holders like myself who have lost a lot of money do not trust the directors or thier rns statements only the next set of results will convince me.however the present directors are probably required to integrate this so deadlock as far as I am concerned.I am not deramping as I feel for you all and I do think there is potential here but I think this could go down further before the next set of results and if they are bad it could end up at 0.5p whenI will buy back in.So unless new investors come in this will trade sideways or go down.I tried to look at this from a point of a new investor ( diffcult I know) and could not see what would attract them here.Tom some holders may have to sell or may think it will go down more.Sorry to be negative but thats how I see it .Wll continue to read this board as I hope to be back one day.best of luck to all holders

[badabing] 20/10/2004 12:25

CT.....I am trying to but also to have a discussion here so we can perhaps give others the benefit of some useful information rather than all the negative posting that's been dominating lately......I don't have any forecast data going foward...do you know where can I get some if it's available ? Or are you working off published results only?

[clocktower] 20/10/2004 12:18

Bada, sorry...DYOR and look in depth at all the figures and info they have provided in Intermin report and previous meger documents, then tell me why I should not value them at 4p having been buying a lot of late.

[clocktower] 20/10/2004 12:15

I agree Tom but thats how it goes, look back when they were sub 2p once before.

[badabing] 20/10/2004 12:14

CT....would you enlighten me on the how you get to 4p then m8 ?......

Are there any 2004 and 2005 projections that we could work off perhaps?

Income
EBITDA
Profits
EPS
Current Market Cap

[clocktower] 20/10/2004 12:10

No Bada, at present as I have said before, I reckon full value to be about 4p now. however, the future is bright.:-)

[tom2468] 20/10/2004 12:09

I cant believe people are prepared to chuch their shares in @ 1.5p you are simply fueling the market makers books to sell them back to you within weeks at a huge profit

[kanebill] 20/10/2004 12:08

3p

VTB would show a real loss still. Counting cash in the bank raised as a result of share issues hides the real figures. Comparing the "new" company figures with previous years does not show the true picture. This was what GG et al would not recognise as "smoke & mirrors" and so continued with the rose tinted spectacled view. I never could see the speculative 'projected' profit in the figures VTB presented. Yes - I lost money - but I have learned lessons.

WTV may prove to be a sound investment (at current share prices) but WTV is not VTB. I know a lot of people are 'trapped', hoping for an escape route, but you really need to re-examine the new group and make your decision. I don't know if it is a winner or loser (about to start research) but the final decision will be mine...

Questions must still be asked about VTB directors as that remuneration/bonus would not have been paid had VTB remained as it was.

WTV may believe that it can generate profit from VTB activities, but I am still suspicious of the real motives.

[cordwainer] 20/10/2004 12:02

hello fellow dive-bombers

[badabing] 20/10/2004 12:01

So guys,

Cash wise this company is fairly healthy and "profitable" if we take WTV's financial performance and balance that against VTB's....income streams seem to be growing so with the cost savings to be achieved here the outlook should be improving all the time.....VTB paid £18m for WTV through £1m in cash and the balance in paper by issuing 440m new shares which effectively diluted the company value per share significantly as we can all see now.....but does 1-2p now give us fair value on the enlarged group though ?

[clocktower] 20/10/2004 11:50

I agree with 3p and I think it is more than 1 million Bada and growing if you take out one off costs of just over 400k that will save over 900k in the year.:-))))

[badabing] 20/10/2004 11:36

3p....thanks very much for the info above...much appreciated

[exotic] 20/10/2004 11:28

CT, you may be open about your intentions but they confuse everyone including yourself.

[badabing] 20/10/2004 11:26

CT...morning....what's your take on the merged company finances please?

[clocktower] 20/10/2004 11:23

Recruiter...I think you are wrong regardless of what geko & friends may have to say on the subject. In fact they may even have been selling short and all that based on good research which he posted in an outstanding way. Either, they have called it a day, having made a killing and in the knowdlege they would now being playing in a much higher risk market or they have have established a price that they will buy back huge chunks, if they like myself have not already been buying here and there.:-))

Unlike some, I am open about my intentions as most do not believe them anyway.

[recruiter] 20/10/2004 11:04

clocktower, I reckon Geko has lost a lot, he did post some BS though, I remember himn posting that brokers were trying to buy stock off him, even though stock has always been plentiful.

Like I say, I never like seeing people lose money, but investors do have to be open to positive & negative posts.& he & a few others never were.

[exotic] 20/10/2004 11:01

Cheers Parsnips.

[3parsnips] 20/10/2004 10:58

Virtue Communications

Hi exotic

We are still VTB at the moment...presumably there will be another RNS to inform us..if/when..they decide to make a name change.

In that AVI Interactive news article (post 26980 19.10.04) dated October 2004...so just a couple of weeks ago..Jon King NEW ceo said:

"King has been made ceo of the Virtue Broadcasting Group, and will oversee the integration of World and Virtue as one company. He expects this to take place by Christmas,but would not say if either or both names would disappear"

------------
3Parsnips

[clocktower] 20/10/2004 10:50

Recruiter...they owe nothing to anybody...if investors act like kids and get burnt because of BB posting then so be it. If however, folks get stuffed by directors/brokers enrighing themselves, then action should be taken by the LSE/FSA etc but it never is.

Many on these threads are quick buck traders that know the risk/rewards anyway.

Geko will be driving his fast cars on suckers fuel, I dare say, and good luck to him and his fellows.

[luchan] 20/10/2004 10:46

I did say on this BB board about looking at IBL , I'm still in this one but have a look to avoid disappointment.

luchan.