Vtr Share Discussion Threads

[britishbear] 16/11/2004 20:40

Some nice moves. Have held for a while now and had hoped for £1.20 by now - it did get back to a £1 not too long ago.

Nice looking chart at the moment...

[greg the grinch] 16/11/2004 16:26

ok, I have two number one rules.
two for the price of one.
value investing?

vtr
three profits for the price of one.

up and away

[greg the grinch] 16/11/2004 10:19

They cant fib about the savings.
One of my golden rules is never listen to broker reports. Absolute fiction.
Number one rule is do your own research and stick to your guns.

[greg the grinch] 16/11/2004 08:17

the restructuring will take a while to work its way through but on paper the good news is that profits have rocketed via the shake up.
The good thing is I see no downside on this share.
If there is a pick up in their business things could get interesting.

[hosede] 15/11/2004 19:35

up to date broker estimates 8.45p YE aug 05 and 14.6p year after. Suggests the 1.75m savings is (a) going to take a while to be realised and (b) was a bit of an overestimate anyway. Still at least the share price is going in the right direction for the moment!

[greg the grinch] 15/11/2004 13:19

hosede I am in.
profits could also rise on new business through restructuring.
good luck.
The mags and tip sheets will get onto this if they have not already.
good luck.

[hosede] 08/11/2004 12:18

Well everything as per expected - Pre ex profits 900k. If they are really going to save 1.75m pa thru the restructuring then pretax next year should be 2.65m even without any improvement in the business. That would be getting back to 2001 levels of 17-18p EPS

[alfwilson] 05/11/2004 17:09

Encouraging to see a couple of 100,000 buys going thro today.

[hosede] 01/10/2004 12:21

The brokers consensus for this year (31.08.05) is 7.64 (investorease) or 7.78 Yahoo (now upped to 8.45) - sorry I got the years mixed up in my last post. THe charge is being taken in the year to 31.08.04

[alfwilson] 29/9/2004 18:05

The Dixon family have further increased their holding ... now have 6.6% ... a lot of shares.

[alfwilson] 24/9/2004 09:48

hosede

The house broker is saying eps of 5.1p & 8.3p. The interim numbers suggest that 8.3p+ might be possible this year. See announcement today .. big shareholder has topped up for the second time this month. IMHO share price will double within 12 months.

Alf

[hosede] 24/9/2004 09:24

British Bear
The 1m charge is being taken this year (to aug.04) so next year's figures will not be tainted and they expect to get back to pre-2003 profits ie EPS 17-20p. This years concensus EPS is 7.78p - presumably before the restructuring charg is taken.

[alfwilson] 21/9/2004 16:48

GSands

Good question ... the interim numbers suggest they could be a lot lot lot more than the consensus?

[gsands] 20/9/2004 15:40

What EPS are you expecting in the October finals?

[britishbear] 07/9/2004 12:52

VTR bouncing nicely off lows - the restructuting RNS seems to have done the trick with the city. Back to £1 - no reason why not.

[britishbear] 28/8/2004 11:54

Still in and still holding. Results were good - profits at least. Cost savings seem a good idea of course but 1 million restructuring charge will hit next years results. City seemed to like the annoucement though.

Do not know why they did not do this years ago though.

[hosede] 27/8/2004 17:37

Anyone still around? Reaction to the trading statement was clearly on the positive side. EPS of 7.78p sounds quite acceptable and savings of 1.75m should bolster next year's figures as long as the market does not collapse

[mart] 02/7/2004 16:58

Haven't looked at these for a while. Sharescope has them with a very low RSI and must admit to being a bit surprised at the price. Obviously you guys are still keen?

[britishbear] 29/6/2004 15:25

Yeah, not sure why this is drifting so badly. Was A £1 to buy a few months back. Almost back to my buy price. Tempted for a few more at this price although it is not the most dynamic share in the world.

[hosede] 29/6/2004 14:35

Drifting steadily down on lack of news and no interest. Concensus EPS to Aug 05 still at 7.78p giving a PE of just over 9.

[britishbear] 28/4/2004 11:11

Full set of results

RNS Number:0568Y
VTR PLC
28 April 2004



Interim Results Announcement

VTR plc announces its interim results for the six months to 29 February 2004.


- Group profit before tax of £401,607 (2003:£53,878)

- EPS 2.3p (2003: 0.3p)

- Gearing down to 104% (2003: 126%)

- Major archive restoration project from BBC won by The Machine Room

- Clipstream starts work on e-Title project


Making the announcement Chairman Philip Lovegrove said:


"There has been some improvement in market conditions since last year with more
volume going through although prices continue to be under some pressure. As a
result we have seen an upturn in our profitability which we hope heralds the
first steps of a return to the levels we have achieved in the past."


For further information please contact:
John Banks, Managing Director, VTR plc 020-7437-0026
Ryszard Bublik, Mantra Public Relations 020-7907-7800



CHAIRMAN'S STATEMENT

I am pleased to report that in the six months to 29 February 2004 the Group
made a profit before tax of £401,607 compared with £53,878 in the same period
last year. Earnings per share rose from 0.3p to 2.3p while interest cover
improved to 2.6 times compared with 1.2 times in February 2003 and 1.9 times
in August.

As I reported in my year-end statement, there has been some improvement in
market conditions since last year with more volume going through although
prices continue to be under some pressure. As a result we have seen an upturn
in our profitability which we hope heralds the first steps of a return to the
levels we have achieved in the past.

These market conditions have, of course, been challenging to everyone as the
advertising and media industries have gone through one of the worst recessions
in memory. To counter this, over the past few years your Group has invested in
upgrading equipment and creating new, but related, profit centres to reduce
reliance on any single market segment. In spite of this expenditure gearing
has fallen to 104% from 126% last February and 113% at August 2003. Capital
expenditure for the half year was £596,000.

All our companies continue to work hard to maintain and improve their market
position to ensure that they are the partners of choice for some of the world's
leading media and advertising businesses but it is still difficult to forecast
future market conditions, even for the next few months. Video Tape Recording
has improved on the performance of the same period last year helped by D-Cinema
which made a positive contribution to profits after a slow start and which is
now attracting a lot of interest from film makers. blue continues to be a
market leader in the broadcast sector while The Machine Room, whose DVD
department is currently working at capacity, recently won a major archive
restoration project from the BBC. Profitability at both companies was below
that achieved in the same period last year.

Despite these difficult trading conditions the hive and K

[britishbear] 28/4/2004 11:09

I have never worked out why VTR's reports are cut off. Very odd.

Guidance was not great today and the pressure on margins is a worry. However, I think advertising will pick up.

Need VTR to put the results on their web site - actually citywire will have them I am sure.

[hosede] 28/4/2004 10:24

Certainly an improvement, but the recession still appears to be biting. I guess media is a late recovery sector. I get the impression ADVFN has YET AGAIN managed to cut off the bottom of the report - it only seems to happen with VTR!

[britishbear] 28/4/2004 09:10

Most of the results - a good set of results and a good start to the day. Always was going to be a winner.

Still time to get in....

----------------------------------

edit - full set now below

[britishbear] 05/4/2004 15:21

Massively oversold - my post of a month ago seems optimistic now ;-)

Some selling and stop loss triggering but cannot see the reason for the steep decline...

Tempted to buy more at this price