Cellcast Share Discussion Threads

[lord santafe] 12/5/2009 17:40

Good news for Cellcast holders, now that Cellcast are aware of what a bad man this Mike Neville is. Maybe Cellcast are thinking about getting rid of him. Before they never announced anything about the other companys that he caused to be wound up, so maybe at last they are onto him.


Change in Director's Details (Cellcast)

RNS Number : 1348S
Cellcast plc
12 May 2009

?
Cellcast PLC
("Cellcast" or "the Company")


Change In Director's Details


In accordance with the requirements of Rule 17 of the AIM Rules, Cellcast PLC
announces the following change to information required to be disclosed under
Schedule 2(g) of the AIM Rules in relation to Mike Neville, non-executive
director of the Company.


Mike Neville has been notified that following the issue of a winding up petition
against Crucial Plan PLC, a company of which he is a director, Crucial Plan PLC
has been placed into compulsory liquidation.

[recto verso] 11/5/2009 20:04

cheers LDMachin.

are we now broadcasting in-line with ofcom regulations ? hence the new channel slots ?

[the analyst] 08/5/2009 13:18

Easy mistake to make, you nearly got me thinking it was 2009 too.

Yes, hoping for some sort of decision soon. One thing for sure, we will get the finals next month for the results up until the end of December.

[mister md] 08/5/2009 13:11

sorry, thought it was a 2009 article. Hope we get some sort of update on progress from CLTV soon

[the analyst] 08/5/2009 13:07

Well, yes, that was over a year ago and still no decision from ofcom.

Cellcast and others believe the proposed restrictions are illegal according to European law. The proposals would also hurt the TV producers financially and would cause many redundancies.

Sky and other would suffer a big loss of income. Hence, it would also have an adverse effect on the quality of TV (less cash to produce top-quality TV).

This has resulted in a delay of well over six months in a decision from ofcom as to whether or how they will regulate prs

[mister md] 08/5/2009 12:59

implications of this - what % of revenues comes from web vs tv ?
---

Ofcom Proposes Restrictions On Cash Cow Participation TV
Posted by Simon Perry on 9 April 2008 at 1:05 pm | Tagged as: Revenue raising, Ofcom (UK super-regulator), UK

There's no shock that Ofcom have today detailed new Broadcasting Code rules intended to control the once-bonanza income generating TV programmes using Premium Rate Services (PRS) phone lines.

The new rules make it clear that both radio and TV programmes cannot, as their primary focus, be encouraging viewers to call in using PRS. The focus should be editorial.


There's also a limitation of only charging the viewer using PRS, not allowing the additional charging of credit or debit cards.

Ofcom specifically highlight the currently broadcast format of quiz, psychic and adult chat TV as needing to change significantly in order to fit within the proposed rules.

Background
There was a huge shake up in the TV world following revelations that TV viewers entering competitions - paying considerable sums for their phone call - had no chance of winning the competitions that they thought they were entering.

Once exposed, TV bosses realised that by behaving in such a cavalier way, they were destroying their most important connection with their audience - Trust.

There were periods where ITV put significant amounts of effort and airtime into generating income using PRS. Indeed much of the night used to given over to shows whose sole purpose was to encourage punters to call premium rate phone lines for a chance of getting through to a studio, to answer some daft question, on the vague chance that it might be correct.

Ofcom only has control over the TV broadcast world - not Internet-based channels, so any ruling that they do achieve could be circumnavigated by running it online.

[the analyst] 07/5/2009 23:21

Cheers LDM, always good to get your updates

[the analyst] 06/5/2009 16:23

Yup, it's definitely not ramping. The market cap is still less than £1m and it's possible they could be making £1m in pre-tax profit next year, putting them on a PE of 1x

So, if trading is good then today's price will look ridiculous, as you would expect them to trade on at least 4-8x earnings if ofcom make the right decision and regulatory risk is removed. Maybe more, if there is future growth or takeover possibilities expected, then we could be looking at 8-16x earnings.

There is of course, big risk - we are all well aware that if ofcom turn against us, then the likely outcome is either administration or another fund-raising

[topgunns] 06/5/2009 15:50

The analyst sounds like he's ramping. But it's the truth really.

Problems are:

1 Ofcom
2 Profitability

If these come through, share price will be 10p before you know it. I suspect that they will be but who knows.

[the analyst] 06/5/2009 14:55

Would be nice to see a steady rise to 2p and then some good news from ofcom along with an announcement that current trading is profitable.

If that happens, a move to the 4p-8p range is possible, depending on how current trading is going and the significance of this new contract they have lined up.

Fingers crossed...

[topgunns] 06/5/2009 14:33

And it slowly ticks up....

[topgunns] 05/5/2009 14:38

My money is on the table.

[recto verso] 05/5/2009 13:18

Topgun,

It certainly remains a risk until we "get substance", but then again at the current market cap the risk is much lower than a year or two ago. Good news and this could fly.

Not for the faint hearted, more of a gamblers share at the moment.

Get your money on the table ;)

RV

[21st century media company] 05/5/2009 13:17

Don't forget that many small cap dog shares rise pre suspension

we've all seen it before

will history repeat itself..........

certainly the company appear to have no good news on the horizon

[zangdook] 05/5/2009 13:07

Pretty soon I'll be past breakeven and I'll be able to wash my hands of this grubby little shop. Or is it going back up to 10p?

[topgunns] 05/5/2009 13:07

Definitely a bull chart now. But is there the substance to back it up!

[recto verso] 05/5/2009 13:05

keeps on sneaking upward, although not really enough volume to give any confidence.

still better than nothing !

(PS I noticed Neil Craven sold some shares in LNG the other day, could he be buying here, the move up on very little volume may suggest that there is a bigger order in the background ?)

[21st century media company] 30/4/2009 07:45

Well I still believe this part of the business model is flawed but we shall see.

[21st century media company] 29/4/2009 23:47

Will CLTV accept a reverse charge call?

[the analyst] 29/4/2009 23:43

Ask your friend, LDM - he has Andrew's mobile number...

[21st century media company] 29/4/2009 23:15

analyst

I've tried phoning the company no less than 9 times in the last week but no one answers the phone.

Sometimes I wonder.........