Cellcast Share Discussion Threads

[21simthy] 09/12/2009 16:05

This has to be worth more than 10p now !

TIDMCLTV

RNS Number : 8670D
Cellcast plc
09 December 2009

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Cellcast plc
("Cellcast" or the "Group")
Trading update
Cellcast plc, the interactive digital broadcasting company, is pleased to
provide the following trading update on the Group's activities.
India
Cellcast's 37.5% associated company in India, Cellcast Asia Holdings ("CAH"), is
experiencing a strong and profitable second half performance in 2009. The scope
of its interactive format development expertise combined with its billing
network means that CAH is becoming the partner of choice for many Indian
broadcasters (for example it handled all the games and competitions for the IPL
20-20 Cricket, which is the largest sporting TV event in the Indian
subcontinent).
Total mobile penetration in India exceeds 530 million subscribers making it the
second largest market in the world after China (and 8 times the size of the UK
subscriber market). India is still adding over 10 million new mobile phone
subscribers every month which means that the market for Cellcast's applications
and services is growing exponentially as demonstrated by the fourfold increase
in revenues that CAH achieved in the period from January to September 2009.
CAH is now a clear leader in the participation TV sector in India both by
traffic volume and revenue, and the company is well positioned for significant
growth as sector leader in a market that is continuing to grow very rapidly.
UK
At the time of the 2009 interim results announcement in September, we reported
that although the economic downturn continued to present major challenges to the
media and entertainment industry, the Group would continue to invest in
expanding distribution of its services through additional digital platforms, and
that this would remain a core element of management's strategy for returning the
Group to profitability. With this objective in view, Cellcast has continued to
invest substantially in securing new distribution outlets for services on both
Freesat and more specifically on Freeview.
Freeview is now the provider of digital TV on the main set in 10 million UK
homes, with a growing number of viewers taking up the service as the switchover
from analogue gathers pace around the country. Research has shown that a
substantial majority of viewers switching from the old five-channel analogue
set-up were choosing Freeview's digital terrestrial TV service over BSkyB's
satellite and Virgin Media's cable subscription services. More than 18 million
UK homes now use Freeview on at least one of their TV sets.
During the second half of 2009. in line with the strategy described in our
interim announcement, the Group, in association with its partners, has invested
in securing contracts to provide services on 4 new channels on Freeview and one
on Freesat with an additional 2 positions secured for launch. This commitment
involved incurring substantial front-end costs, but our ability to seize this
unique opportunity provides key strategic distribution and the long term
competitive benefits derived from securing key channels to market across all
major digital platforms, namely Sky, Freeview and Freesat. We anticipate the
costs of this investment will be recouped from revenues in the second half of
2010 but will have a negative impact on the Group's second half 2009 performance
to the extent that such costs cannot be capitalised under current IFRS rules. In
the closing months of 2009, revenues from new distribution are already
indicatively tracking above our internal projections and our expectation remains
that the Group will still report year-on-year revenue growth compared to
2008.

Ofcom
In the 2009 interim results announcement, we reported that the Ofcom review of
the participation TV sector continued and was not expected to be concluded until
some time in 2010. Since then, Ofcom has issued a further consultation regarding
changes to the Broadcasting Code rules for promotion of premium rate services.
Although there are still outstanding issues requiring clarification, overall,
the Company and its advisors believe that Ofcom's recently published position is
significantly more positive than originally indicated.

[21simthy] 09/12/2009 16:04

Hit the jackpot boys and girls !

[the analyst] 06/12/2009 18:02

Freeview now main digital TV provider in 10m homes
Most viewers switching over from analogue are choosing digital terrestrial over Sky or Virgin Media, claims company

[the analyst] 06/12/2009 17:42

Adult channels coming to Freesat

[the analyst] 06/12/2009 17:41

"Freesat announce 750,000 customer base

The free-to-view satellite service, Freesat, is growing according to plan, in fact the broadcaster has now passed the 750,000 customer mark and is well on target to hit one million users during the first quarter of 2010.

According to the managing director of Freesat, Emma Scott, the company managed to sell over two hundred thousand set top boxes in the last quarter.

During the same quarter, BSkyB only managed to sign up 94,000 new customers.

Out of those sales, it is estimated that around eighty per cent are for the HD TV set top box, and around fifty per cent of those set top boxes were made by Humax.

With Christmas coming and the rollout of the BBC iPlayer in December and the ITV Player in the early part of 2010, one million users does not look impossible"

[21simthy] 25/11/2009 13:56

Just shows that there are lurkers around eggbird.

Online bid back upto 2.85p so only a small paper loss immeadiately on
that trade.

Next time i will say nothing and just buy if they drop to 3p offer.

[eggbird] 25/11/2009 13:47

Not guilty, I tried, but was a minute or 2 too late

8-(

[21simthy] 25/11/2009 11:21

wow and lol

Somebody actually did that within 7 mins :-))

[21simthy] 25/11/2009 11:07

2.95p offer for 50k.

Give somebody else the chance of having that, if nobody takes it i
will have it at some point today.

[lord santafe] 23/11/2009 19:15

I bought more BEM today, surprised you did not see this one. Since its not Cellcast related I will edit this post later to a dot.

[21simthy] 23/11/2009 19:13

Crazy thing is now MTV is valued more than Cltv.

Work that one out on their latest results.

[yogi13] 19/11/2009 18:53

I don't often post, but I bought 40k @ 3p bringing me up to 190k.
I also bought 3700 AMBR @ 32p bringing that to 38k.
I'm still down on both, but getting closer to profit....
Good luck all.
On-On /Yogi

[21simthy] 19/11/2009 18:45

Well done.

I wondered if a friend bought the other 50k, i've alerted him to
this so he will be watching providing he likes what he sees.

[lyonst5] 19/11/2009 18:35

Yep had to laugh at the time, i got 50k more.

[21simthy] 19/11/2009 18:00

See that attempted shake on one small sale today.

They got hit with 140k of buys at 3p offer within 2 hours.

That's probably why i could sell size at 2.85p, way above the
quoted bid.

[recto verso] 15/11/2009 20:35

Just took a look at their accoutns and agree that MTV is not worth buying at present.

There are also better companies in the DTT technlogy market.

Although the credentials of the management team is quite impressive, so worth watching as you say.

[21simthy] 15/11/2009 18:48

Yeah look at it but i certainly would not buy it (MTV).

Still easily loss making and they always get these nice looking
contracts but each results that come along show little progress
in reaching profits.

I just think they dont even come close to what Cellcast have achieved
reading their latest results and both have almost the same valuation.

[recto verso] 15/11/2009 16:51

I agree.

Director buying would really change sentiment.

(thanks for the mtv pointer, i'll keep an eye on that one ;)

[21simthy] 15/11/2009 15:49

Well i've just been looking again at MTV, a stock i've been bearish
for a long time and there's people buying it all the time and now
again this week after their news yet their fundamentals dont come
anywhere near as good as Cltv's and they have a similar market cap.
All about sentiment, i'm sure it will change here for the positive
but off the radar for the time being.

[recto verso] 15/11/2009 15:24

21simthy,

I have not sold any shares nor do i have any intention of doing so.

However, I am in no rush for profit and will continue to buy on dips.

Every dip is a buying opportunity.

RV

[21simthy] 15/11/2009 15:06

RV.

The funny thing is i thought it was you that have sold some CLTV
as you are always talking them down which is strange considering
you are or claim to be a large holder, i think you took the gamble
and offloaded size when they were bidding for it and want to buy
them all back cheaper and save maybe 2-3k in the process ?

I've not sold any Cltv, if TA's research is anywhere near the mark
then these will be a bargain and i dont want to be out of them if
they do issue a surprise rns.

[recto verso] 15/11/2009 14:40

As you say, I think most regulars have averaged down. I'm now in profit, the only other regular is Analyst and I would guess that he has done the same.

As for an announcement...i wouldnt hold your breath.

The company said that things were turning around in their results and that they were putting things in place to add value...i guess that somes things up and would more or less explain the recent rise in share price

I still believe the share price will drop back a bit in the very short term.

Still remains a risk but with potentially high reward.

RV

PS i noticed you sold a few to buy a few mdc ;)

[21simthy] 15/11/2009 13:54

RV.

That is very true but then i always hope my timing is better than
holding and suffering for years but then i would have hoped all the
regulars averaged down in a big way around 0.5p.

I'll settle for a consolidation period if that chart goes onto continuing
that uptrend set in place.

Still think the company should issue a RNS if all of TA's hard work is
correct about the stock.