All New Video Share Discussion Threads

[argy2] 22/12/2005 11:15

Recently tipped on the net with rumours of another one soon.However,as you say, not much of a market so be careful when those 'insiders' look to dump.

[scotty1] 21/12/2005 18:45

Thought I'd start a thread on anv,and will add to header when I find more time.
If you check in the scroll box it should give you an idea what anv is about.
Shares pretty tightly held and directors were buying in before reverse takeover.Think its definately worth taking a look .Any views appriciated.

[scotty1] 21/12/2005 18:35

LINKS






Major Shareholders
ATKINS D ESQ 21,459,537 24.84
HAWKINS J ESQ 9,219,653 10.67
FAIRHALL C ESQ 8,742,775 10.12
BLUE STAR CAPITAL PLC 7,500,000 8.68
WOODLAND L ESQ 7,153,179 8.28
* major shareholder data from 31/10/2005



All New Video PLC
Report updated: 17th May 2006
All New Video (initially named Gordian Investments) came to AIM in March 2005 by way of introduction. There were net cash assets of £1.1 million on admission. The company's purpose is to acquire one or more related trading businesses in the technology, media and telecoms sector in the UK or mainland Europe.

In August, All New Video Ltd was acquired for an initial consideration of £4 million, £125,000 in cash and the balance in shares representing 64% of the enlarged share capital - further consideration of up to £6 million (payable in shares using a price of 7p per share) based on performance for the two years ending May 2007. All New Video, established in 2002 provides live multi-party video conferencing,PC to video calling and video mail for 3G mobile phone users - currently most other such offerings are only between two parties - there are over 6.6 million users of 3G mobile phones in Western Europe and it is estimated there will be approximately 90 million users by the end of 2008. For the year to March 2005, it achieved sales of £373,000 and a pre-tax loss of £40,000. The CEO previously founded Videoweb, a video conferencing business, which was sold to a NASDAQ listed company for £6.7 million in 1999.

The maiden interim results to October 2005 showed sales of £119,000, operating loss of £162,000 and pre-tax loss of £134,000 - these include 2 months trading results of all New Video Ltd (see August announcement above), with the latter contributing £55,000 to the operating loss and central overheads contributing the balance of £107,000. The company reported that All New Video Ltd achieved sales of £330,000 in the 6 months to October compared with sales of £373,000 in the year to March 2005 - monthly increases in sales are being achieved; in the last quarter of 2005, services were introduced allowing highlights from television programs to be viewed on 3G mobile telephones - the first offerings included 'X Factor' and 'I'm A Celebrity, Get Me Out Of Here'; the contract with Orange has been renegotiated for a further 2 years, with Orange requiring a 100% increase in capacity to cater for anticipated increased take-up and usage of 3G video services.

In January 2006, an alliance was entered into with AIM listed YooMedia re providing 3G video services - All New Video provides a hosted international network of 3G gateways (enabling network operators to provide 3G video services at lower capex and operating cost) and Yoomedia develops interactive content accessible via TV, the web, telephony and mobile phones - it also has a JV, BroadbandTV Group, with ICTV which uses ICTV's cross-platform delivery technology for both UK television and worldwide 3G mobile markets.

A March update reported that the company's contracts have thus far been on a revenue sharing basis. However, because of the slower than expected growth in content driven traffic and hence in revenues to All New Video, the company has changed its business model to a fixed subscription model and revenue sharing for future improved traffic volumes. In addition, costs have been reduced in order to conserve cash, which currently stands at £219,000. There is an encouraging pipeline of prospects - the purpose of the short term actions is to ensure that the company has the time to convert these prospects into sales.

In May, two 3G video calling services were launched for GMTV in order to allow increased interactivity between GMTV viewers and the morning breakfast television program. The services are highly flexible and can be used for applications such as a news gathering by both GMTV reporters and viewers, in addition to less serious applications such as competitions and general 'hot topic' phone ins. All Video is currently handling 40,000 calls per week, a figure which is growing at a rate of 2,500 per month.
Research Standing
A more interesting reversal than many - one to watch and still at a price which doesn't assume that the road to succes will be completely trouble free.