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Share Name | Share Symbol | Market | Stock Type |
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TV Commerce | TVC | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.75 |
Top Posts |
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Posted at 24/6/2009 17:31 by timbo003 Hi CurryIn the past when I have held shares as certificates and the company has changed their name, the registrars didn't issue new share certificates, I just kept the old ones, for example RJB mining (RJB) morphed into UK coal (UKC), I subsequently transfered my RJB certs into a nominee account and they appeared as UK coal. I suspect the same thing will happen with TVC/MOA |
Posted at 24/6/2009 12:19 by currypasty ticker is GOAanyone got a new share cirt to replace TVC ? |
Posted at 29/1/2008 07:35 by timbo003 So it looks like we are going to get something back after allMaybe up to 0.7p/share by my calculations, but I wonder how the payment will be treated from a tax perspective (hopefully NOT a dividend). Also, will the company be wound up, if so (and the shares are effectively disposed of), original (EIS) subscribers in the shares should be able to claim an income tax rebate to part compensate for their losses. |
Posted at 01/3/2007 18:37 by timbo003 So, I wonder what the tax situation is, presumably we remain EIS qualifying and we will be able to claim the loss either against income tax or capital Gains tax, but if we used the investment in TVC to defer capital gains (as I did) that capital gains tax liability now recrystalises on the date that the company finally winds up.Any thoughts? |
Posted at 28/11/2006 18:13 by timbo003 The ICSTIS web site now has November 28th adjudication details, but still no details of the TVC case, strange! |
Posted at 27/11/2006 21:20 by opapete traderYou are quite right. There was very little movement today - just one sale, admittedly with shares which are probably becoming increasingly difficult to trade. The great majority of small shareholders therefore are still holding on. I make the point that there is profit to be made by trading within the ICSTIS guidelines. Others do it so why not TVC ? It appears that StarDate was the problem but what of the rest of the business ? Is that not viable ? Vince's reputation is that he rarely, if ever, backs a real loser and that is why investors have followed him and listened to his advice. |
Posted at 27/11/2006 19:55 by traderabc From what I understand Vince took a big holding in this from the start,as the price dropped he increased his exposure and bought all the sorry way down, he now has at least 70% of the firm,he is deeply in the red on all of that investment.Please correct me if I'm wrong,he must must want to see TVC recover. He delivered what was expected,the company issued nothing but good news and swiftly grew to profitability. The share price was telling those who could see the bad news. Watching the price continue to plunge I wonder if there is any 'hope'.The infastructure of the company is still in place,they could do something else,they still have their customers,they just have to sell them something that does not infringe the law. Does it really matter that he may have been a hairdresser once ? The relavance is in his achievments since his involvement in the financial services industry. If we can credit him with what he has achieved in the past then perhaps there is a solution. He knows that industry well,he may come up with something. While the share price drops further I wouldn't be surprised if he increased his stake in the next few weeks/months,he could hover up another 10% of TVC. Would it be in his favour to then take the firm private at that point? He still has paid above 4p for 70% of it,what would be in his advantage if he took it private? Surely to recover his losses he has to keep TVC listed profitable and in compliance with the law. Can that be done? |
Posted at 26/11/2006 17:57 by timbo003 opapete Thanks for that, In the TVC AIM prospectus, Vince's CV didn't mention that he blew it all in 1987, or that he had been a hairdresser in a previous career. I wonder if he drives a Mazda MX5? |
Posted at 26/11/2006 14:47 by opapete timboI too went to the "ICSTIS's latest adjudications" page and have to await the official adjudication. However, paste this address into your browser to get a little insight:- An extract from the article on this page reads as follows: "The company, run and controlled by colourful entrepreneur and former hairdresser Vince Stanzione, was found guilty of deliberately keeping callers on the line longer than needed. Viewers of dating channel StarDate TV were encouraged to call in and charged £1.50 a minute." So, TVC has has had its wrist slapped and been fined £25,000 for ripping-off telephone callers. It now claims that this has jeopardised its whole future operation and is even considering "going private". StarDate TV presumably is the entity which has been closed down. Did its original business model include overcharging callers, then? Surely not. Is it simply poor management and control over these calls ? If so the remedy is obvious. Why cannot it run its operation within ICTSIS guidelines and still turn an honest profit ? And, what will a private company achieve that the present Plc status cannot ? As I understand it, it is the premium telephone number that ICTSIS monitors plus those responsible for its use by the public. Friday's trades in TVC share were interesting. 257,000 sold with 157,000 bought and 100,000 in a bargain condition trade. So, who's buying and why ? If these shares are worthless why have any truck with them at all ? Are you buying them all Vince, before you go private and dump us ? A statement from the directors is now essential. |
Posted at 24/11/2006 14:56 by ponderer For a 12 month outlook, I look for stocks based on company growth criteria (eg revenue and profit growth) and on valuation criteria that I have developed over the years (incorporating price earnings growth). I then datamine for outstanding names. Currently on my radar are: Dairy Crest, International Power, Smith (DS) (a new one for the radar), Trifast, UCM Group.On my momentum value search for stocks based on momentum (eg price moves over the 2 week and 6 month periods) as well as valuation criteria (such as price to earnings growth, dividend yields), names showing up there include: SHL, Chaucer |
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