Datatec Share Discussion Threads

[vimalgrover] 04/1/2006 14:46

Please NO!

I invested in virtue broadcasting before its reverse takeover of world TV, now gladly out. Since then there seems to have been mayhem, with lots of the original VTB companies being sold off and the recent nonsense with the Inland Revenue. Maybe the invigorated WTV will be something amazing but I'm not sure I want DTC to have anything to do with it. I had great hopes for WTV, perhaps I invested too early though.

[holly bush] 04/1/2006 14:41

Almost ALL sells today.

[investorjon] 04/1/2006 14:39

Maria Callas, Michael and the like are more special interest than pure documentary, perhaps World Television is a company in mind?

[grant goodwin] 04/1/2006 14:31

Welcome aboard Maxmarilli

[vimalgrover] 04/1/2006 13:02

Probably...but Chris Hunt had said that they wanted to branch away from music. The Stuart Sutcliffe story, Maria Callas, Michael Jackson may all be documentaries but are music related. I was wondering if they will switch direction to other stuff.

By the way, looks like the World Poker Masters tournament is set for the start of February. The player list has not been updated, still only 20 players, 50 are needed I think.

From the last RNS, DC wanted to have an EGM to allow the loan notes to be converted to shares...wonder when this will be? Will they also do a share consolidation...it is a pain for such a small comany to have c. 1.5 billion shares. But I agree with previous posts that I don't want the MMs walking down the price if a consolidation did happen.

Vim

[fozdad] 04/1/2006 12:52

eg the Wacko story

[investorjon] 04/1/2006 12:48

Vim: I would think factual would something like documentary.

[vimalgrover] 04/1/2006 12:06

Agreed that the new Code of Practice will benefit DC.

It is interesting to look back at the articles from C21 media early last year that are on the digital classics website:

Since then, we have bought two indies in the UK. We have companies that cover music, drama and high-end entertainment (the latter with the new Iambic Productions company that will do peak time stuff?)

So will there be any more companies bought...looks like if they are then it may be one that is abroad. What sort of 'factual' companies do they mean in the second article?

Vim





"In March, ceo Chris Hunt told C21 that the firm was looking to acquire further indies and recently expanded on plans, stating that the firm was aiming to get a valuation of £25-£50m within the next 12 months. As well as looking at acquiring " one or two" UK indies, the firm is also in talks with TV companies in the US, France and Germany. "
"

31 May 2005
© C21 Media 2005



"Chris Hunt, chief executive of Digital Classics and head of Iambic, is leading the process and hopes to build a stable of companies to expand out of its current focus of music output into factual, drama and high-end entertainment."

20 May 2005
© Broadcast Magazine

[maxmarilli] 04/1/2006 11:55

high guys,i,m new to this share,and just bought 600k...all 0.75 are buys,by the way....very good prospect,imho,with this company.SP will start to climb very soon...bye,max.

[investorjon] 04/1/2006 11:53

This may be of interest as it is the code of practice referred to in the acquisition giving companies like DTC more rights. It may well be that the BBC DVD pays royalties, although I have no definite answer on that. it would appear though that DTC gains substantial benefit from the code of practice which came in last January and it looks good to me. This was reproduced from the BBC's own press release so there is no ambiguity:

BBC Code of Practice approved by Ofcom

The BBC's new Code of Practice for commissioning programmes from independent producers has been approved by Ofcom.

A requirement of the Communications Act, the codes - developed by the BBC as well as ITV, Channel 4, five and GMTV - will create a new framework that will serve both broadcasters and producers and enhance the creative and economic potential of the UK television industry.

The intention of the code is to ensure that relations between the BBC and independent producers are conducted on a fair and transparent basis.

The new framework will provide independent producers with greater opportunities to retain rights in the programmes which they produce and, if they wish, to develop those rights for their own purposes.

The key element of the BBC's new code is a "transfer of value" to the indies. The BBC will pay the same amount for programmes but will retain fewer rights for onward sale and exploitation.

The BBC will now negotiate the terms of trade with PACT (the Producers Alliance for Cinema and Television).

Until these are agreed at the end of March, the BBC will put letters of trust into place ensuring production companies that all new deals from 6 January 2004 will be dealt with under the new code.

Sara Geater, BBC Director of Rights and Business Affairs, said: "We very much welcome Ofcom's approval of our Code. We hope this will be a significant development in our relations with independent production companies and it is one which we have worked very hard to achieve."

Elaine Bedell, the BBC's Independent Executive, commented: "This is a big step forward. By buying a primary rights package - a fixed price deal - all details can be established at an early stage which is mutually beneficial to both the BBC and to independents."

[investorjon] 04/1/2006 09:44

Methinks the t-leaves show share price movement in the offing....DTC tips or was it PG tips?

[beezerpi] 04/1/2006 08:05

I see we now have 5 MM's. TEAM have joined the merry band.

[inkitin] 04/1/2006 00:08

Gary

BBC shop as well



Edit: Looks like a BBC DVD. Who has the rights then for the UK?

[investorjon] 04/1/2006 00:03

I'm not too worried about the BoxTV revenue from the initial screening or whose province it fell into, as its the follow ups and any spin offs now, plus of course it soon gets round that BOX TV is owned by DTC and that can't do us any harm.

What I'm pleased about is that it worked, and that particular part of the DTC jigsaw is working and yet another string to the bow can't be a bad thing, as one of my previous concerns was that DTC had some good productions, but in the main to niche audiences, whereas a program/TV film on the BBC is as mainstream as it gets and may well usher in further productions under the DTC banner.

Well done DTC on this one. They may have paid more than I had wanted for the two acquisitions, but I'm sure that the sum of the parts and DTC are greater now than any premium that may have been paid.

I think DTC got this acquisition right.

Gary: Is it really Sweeney Todd Ñ The Directors Cut, black humour or what!

[garysmith7] 03/1/2006 23:49

It's comming out on DVD in the UK in Feb on the BBC label

Sweeney Todd - The Directors Cut

[garysmith7] 03/1/2006 23:17

those 4 mill trades today look like a rollover (or are being disguised as one), check out the trades 14 days ago (9/12/05).

[garysmith7] 03/1/2006 22:57

Happy New Year to everybody, glad to see M&C is back I guess he is thinking about investing again.

Sweeney Todd, lots of blood and gore so it should sell well, it would be nice if it won a prestigious award or two (BAFTA) to help international sales. I tip it for set design.

I would imagine the BBC had already paid for it so the UK revenue from it would have been a known quantity and factored into the price paid for Box TV. International sales are probably as yet an unknown quantity so that's where it needs to do well.
I guess we won't know how much of the money it generates goes to DTC and how much goes to Mr Winstones size nine productions. The reviews tomorrow may give an indication as to its saleability.

[investorjon] 03/1/2006 22:35

Very dark, but that's what you would expect of Sweeney Todd. Think the era will go down well in US, although they are very squeamish.

Pity the credits didn't say Box TV a subsidiary of DTC, but too late in the day for that, but it does raise the profile of DTC nonetheless.

Would serialise very well too, so perhaps there may be that to look forward to.

[investorjon] 03/1/2006 20:51

10 minutes to Sweeney Todd. DVD recorders, video recorders at the ready, on my mark go.

[investorjon] 03/1/2006 11:25

Fully expect share consolidation thereafter

[chinakett] 03/1/2006 11:23

Looks like we have the start of our new shares been absorbed into the market.
More to come I expect.
China.

[investorjon] 02/1/2006 23:16

I don't think I can be accused of being DTC's greatest admirer over last year, let alone CH's...but I really do like the two companies acquired. I know some of the production CH did was good in its own right, but the spectrum or niche was too small, whereas these two companies seem to broaden immensely both the quality and the sphere of content creation/broadcasting.

I wasn't that keen (to say the least) on some of the previous acquisitions, but I do think the jigsaw is complete now, and any other acquisitions will be for market share rather than diversifying its realm of operations.

Basically I think acquiring these two companies will bring DTC up to the big boys game and in a different ball game!

[b1gnose] 02/1/2006 19:14

M et C
Your assumptions / knowledge about Just group was spot on of which I respect. please do not put the mockers on this one if you have any reason to believe it is a Turkey try to put it in a positive way and I am sure anybody who is used to your post's will understand. I for my part do not think it is a bad investment and will stay loyal.
Happy New Year to all
take care LP