explosive
- 06 Mar 2006 21:20
World Television provides rich communications solutions to corporations, non-profit organisations and governmental institutions.
We are the global leader of webcasting and multimedia communication solutions delivering over 10,000 projects in 35 countries on 5 continents per year.
If you want to use television and the web to influence audiences, motivate employees, excite customers, change perceptions, or inform investors, our experience can help.
**************************************************************
26 May 2005 World Television Group Contract Win
World Television Group is delighted to announce that the UK Government's Foreign and Commonwealth Office has announced its intention, subject to contract, to award the British Satellite News (BSN) contract to World Television.
This contract, expected to run from October 2005, is for three years with a further two year option period. There will be an uplift in value to fund additional news story production compared with the previous contract. World Television has been providing this service for BSN under a previous contract which expires on 30 September 2005. The new contract was won against strong competition from leading broadcast news providers following a demanding tender process.
The BSN service provides daily news stories about Britain to around 440 broadcasters around the world, 5 days a week, 52 weeks a year. It is one of the world's most successful public diplomacy news services.
Jon King, Group CEO, says 'This confirms World Television as one of the premier news producers in the world. We provide the highest quality editorial and technical service for the Foreign and Commonwealth Office which meets their communication objectives and the needs of global broadcasters. Winning this major contract is testament to the talent, production excellence and hard work of our team. We look forward to the development of the BSN service in the future.'
**************************************************************
For Immediate Release 28 October 2005
World Television Group Plc ("World Television" or "the Group")
World Television Launches Expanded British Satellite News Service
World Television, the corporate communications, news production, webcasting and event management company, is pleased to announce the launch of a new expanded British Satellite News (BSN) service following the renewal of its contract with the UK Government's Foreign & Commonwealth office (FCO).
The contract, worth approximately 1.5m p.a., will run for three years from October 2005 with a further two year extension option period.
**************************************************************
For Immediate Release 16 January 2006
World Television Group Plc
('World Television' or 'the Company')
Contract Win
World Television, the international televisual communications company, is pleased to announce the award of a new 3-year contract by the European Space Agency ('ESA'), won in a competitive tender.
The contract for broadcast media relations support started on 1st January 2006 and will run to 31st December 2008. Under the contract, which is valued at 500,000 Euro over the contract period, World Television will support ESA activities around the world including satellite launches, missions of European astronauts to the International Space Station, planetary exploration and research milestones.
The Company will provide a full range of broadcast PR services which comprise strategic advice and planning, media relations distribution, monitoring and on-site support. World Television's media relations team will expand to support this contract and other client work.
Steve Garvey, CEO of World Television, said: 'We are delighted and proud to be working with the European Space Agency. The award of this contract reflects the Company's expertise in providing world-class broadcast media relations service through our international network. It adds to the growing list of international organisations that use World Television's services and makes ESA one of our most significant clients'.
**************************************************************
Taken from last interims 2006
Financial Highlights
* Group Turnover for the first 6 months 4.75m excluding other operatinh income (revenues from loss making subsidaries sold - Kamera Content and Foroso) (2005: 5.13m)
* Underlying turnover, reflecting recurring business, 4.75m (2005: 4.87m)
* EBITDA 116K (2005: 6K loss), pre-exceptionals and accounting for share options, the Groups first EBITDA positive result as a listed company.
* Operating expenses before exceptional items, accounting for share aoptions and goodwill amortisation 4.83m (2005: 5.30m)
* Write-back of 496K provision against HM Revenue and Customs (HMRC) claim.
*Profit before tax of 298K including HMRC calim write-back (2005: 352K loss)
*Cash position stabilised. Total net operating cashflow 6K (2005: (1,101)k), net cash outflow before financing 176K (2005: 1,489K)
Operational Highlights
* Rapid growth in revenue from corporate IPTV services
* Awarded 3-year contract for media relations by European Space Agency (ESA)
* Agreed partnership with PR Newswire Europe and Intercall in Australia
* Other new business wins include Central Office of Information, International Power, Siemens, Ernst & Young, Deloitte and eBay.
Trading Update
As the Company approaches its financial year end at the end of this month, the
Board reiterates its expectation made at the time of the interim results in
September that the second half of the year will experience revenue growth of
between 4% and 5% compared with 2005. The Company expects to issue more
information in its trading update in February 2007.
Convertible Loan Notes
The outstanding Loan Notes, which were issued in November 2004, fall due for
redemption at an amount of approximately 1.28 million by 31 May 2007, in the
event that the holders of these Loan Notes do not exercise the conversion rights
(into Ordinary Shares at an exercise price of 1p per share) which attach to the
Loan Notes.
The Board is actively reviewing options for resolving the Loan Notes in the best
interests of the Company and its shareholders. Further announcements will be
made as and when developments occur.
Stephen Kirk, non-executive Chairman of World Television, commented: 'I'd like
to thank Andy and Peter for their contribution as executives to World
Television's growth since they founded the company in 1991. They will continue
to offer the benefit of their experience as non-executives from the new year.
I'd also like to welcome Jim Hall to the Board and we look forward to further
developments to our technical strategy and product range under his guidance."
Brewin_research_201006.pdf
2007_CorpoateCalendar.pdf

explosive
- 06 Mar 2006 21:43
- 2 of 251
30,000 shares a very small holding order, at best price submitted. Pretty confident of a rise well I think could double up very quickly. Lets see.
skyhigh
- 07 Mar 2006 09:30
- 3 of 251
I've been in for about 3 yrs now @ 2.9p.(virtue) .. I then sold half @ 6.5p... then it dived ! so been holding on to 20,000 since then hoping they will one dya come good... I'm tempted to buy more at these levels as can only see upside from here... but I've been wrong before so I'll wait and see.
explosive
- 07 Mar 2006 18:21
- 4 of 251
Skyhigh - Thanks for your post and nice to see someone from MAM in also. I can't help but think the shares a little ahead of the game e.g. technology will have much bigger market in a few years. All in all I look at WTV and see an under rated company..... like yourself been wrong before but have a feeling time and patience will prevail. If I get available funds may well top up also..
explosive
- 07 Mar 2006 18:22
- 5 of 251
Also Buy order executed this morning, 30,728 shares purchased @ .92.
BIZPACK
- 11 Mar 2006 19:15
- 6 of 251
Explosive, I bought these some months ago and find myself out of pocket thunking what you do. I reckon, it has reached the foothills now though as it seems there is a larger buyer that has picked up millions around .85p over the pastthree weeks.
If volume picks up, I expect it will go up towards 3p as well.
we shall see how soon but I think we need news to do this.
explosive
- 03 Apr 2006 12:01
- 7 of 251
Looks like were on the move, 51% rise today... Lets see what this levels off to at close.
skyhigh
- 03 Apr 2006 12:34
- 8 of 251
Pulled back a bit now but it's still encouraging overall... let's hope it's the start of a steady SP rise...
explosive
- 03 Apr 2006 12:54
- 9 of 251
Lets hope so skyhigh, volumes seam to be on the rise even with no news!!
explosive
- 04 Apr 2006 20:04
- 10 of 251
Thats me now in the profit, let the volumes begin!!
BIZPACK
- 09 Apr 2006 17:44
- 11 of 251
Its good to see someone is in profit on this already. My holdings still in the red but its looking better now than it was a few weeks ago. As we run up towards the results and forward looking Trading Statement I think we could return to the 3p level.
It will be hard to break 2p though as there will be a lot of profit takers and stale bulls that are waiting to get out at that level.
Good luck explosive
explosive
- 10 Apr 2006 18:17
- 12 of 251
Thanks Bizpack, the sp still looks cheap to me so you never know how high it can climb when the games on!!
BIZPACK
- 10 Apr 2006 19:58
- 13 of 251
explosive, I dipped deep into my pockets and managed to buy a few more today. I think it must have been my small puchase that helped send the stock up 6%.
It must be moving towards its breakout point. Do you really think this will jump further than the 2p -3p that I suggested in the short term?
Global Nomad
- 10 Apr 2006 20:30
- 14 of 251
I am in a similar position to skyhigh, bought in when this was virtual and have bought at 6.5, 2.9 and 1.55 leaving me with an average around 4.
I hope this does recover to that level but somewhere close would be good. Have been unable and unwilling to put even more into this and would rather sit it out and wait for the sp recovery to cathch up with the company performance. Hope the figures match the improving product.
GN
BIZPACK
- 11 Apr 2006 08:57
- 15 of 251
Global Nomad, Thanks for posting but sorry to hear that you need the stock to rise by so much to come out with a profit. If explosive is correct, then with luck you will recover the money lost. How many do you have?
Global Nomad
- 11 Apr 2006 09:39
- 16 of 251
cheers, about 110k shares
BIZPACK
- 11 Apr 2006 11:06
- 17 of 251
Global Nomad If you were to buy 100,000 now @ 1.1p your average would look so much better @ around 2.7p. Take into account that this extra cash is only about 20% of the amount you have already invested. It looks a better bet to me to get your cash and a small profit back, without having to wait to long.
Thats if the cash is available of course.
Global Nomad
- 11 Apr 2006 12:15
- 18 of 251
if only......
thanks for the solution anyway....can you let me know how to solve another issue re....LOL
sorry only kidding
Do you really think there is a good change ahead or is the more speculative hope..
GN
explosive
- 11 Apr 2006 19:22
- 19 of 251
Bizpack - My holding in this share is very small only 30K, however I got in at .92 seeing a very undervalued share. The October Interims highlight
Financial Highlights
* Turnover for the first 6 months 5.1 million
* Underlying turnover increased by 7% (386k)
* 1.3 million of annualised cost savings now implemented (400k higher than
originally announced)
* Tight cost controls now yielding benefit to the Group
* EBITDA loss, pre exceptionals, reduced substantially to 6k loss (2004 - 256k
loss) which reflects an underlying performance of EBITDA profitability
Operational Highlights
* Successfully won British Satellite News (BSN) contract, at increased value with
the UK Government Foreign and Commonwealth Office
* Other new business wins include - BAA, 02 and Microsoft
* Disposal of loss making subsidiary Kamera completed in March 2005, into special
purpose vehicle (SPV) and will accrete value over next 3 years
* Announced today - appointment of Evelyn Kimber as the new Chief Financial
Officer
With tight cost controls and new business won I just can't see how WTV will post anything less than 1.3m profit. I've seen no evidence of development spending and think all this share needs is for the market to wake up to it.
Now in the operational highlights the BSN contract could well also see some Olympic benefit. All in all I see a return this year to 3p however with my average of .92 I carry substantially lower risk than others on this thread.
explosive
- 11 Apr 2006 20:11
- 20 of 251
Still in doubt, then check out the article below, with BAA, Microsoft and O2 already in the loop!! Exciting times ahead, lets hope this technology catches on in the mobile world... I'm confident.
http://biz.yahoo.com/prnews/060403/ukm004.html?.v=53
BIZPACK
- 12 Apr 2006 08:35
- 21 of 251
I think you have made the case for others explosive but it seems that few are interested. this could be due to the past history of the company.
I look forward to the results and any further news as they may have new contracts lined up to make the headlines.
explosive
- 12 Apr 2006 19:15
- 22 of 251
Thanks Bizpack, nice to see though this little penny share has a following. I'll try and keep the thread upto date also whilst I'm holding the share and look forward to seeing the occasional post from others...
skyhigh
- 12 Apr 2006 19:43
- 23 of 251
Yes, I'm in too... from 2/3 yrs ago, got in at 3p and sold half at 6p as decided to run the balance..then to my horror.. it then dived etc.,, only have 20,000 shares left so will continue to hold... I think it should do well over the next 6/9 mnths (imho)
BIZPACK
- 13 Apr 2006 07:42
- 24 of 251
Skyhigh, today is T10 day from results and update on trading, so must be a good time to add a few to your total. Its bottomed out weeks ago and the support has leveled at 1p, so it will take very little to make this breakout.
BIZPACK
- 13 Apr 2006 14:45
- 25 of 251
Just checked trades in this stock and I noticed the bid is moving up but no buys showing.
explosive
- 13 Apr 2006 20:37
- 26 of 251
BIZPAK - Looks to me as though the MM's are anticipating news!!
BIZPACK
- 17 Apr 2006 15:51
- 27 of 251
explosive, the date for the news has been set for 27 April, so I expect that someone is collecting for that date.If it`s not that, then you could be correct as the MM must be expecting a number of T10 traders to start buying Tues onwards. If WTV were to flag a contract before results, this could go the balistic.
The chart looks as though it about to breakout, and if its anything like it was before it looks as though it will knock on the door of 2p before the results without any news.
explosive
- 18 Apr 2006 19:51
- 28 of 251
Bizpack - Post 27, my sentimates exactly.. Also les not forget that Steve Garvey on the 23/02/06 bought 6.4 million shares @ 1p and also bought a further 1.8 million from Andrew Booth and Peter Sibley alike. Thats a cool 10m @ 100K investment.
Brewin Dolphin Securities have WTV as a buy.
BIZPACK
- 19 Apr 2006 19:54
- 29 of 251
explosive, Just took a look at todays trades and I see a decent size buy of 500,000. A few more like that and it might move before results.
News does not seem to be leaking out from the company, otherwise we should expect to see either more sells or buys as the case might be.
If they released news to the market instead of on the world-television website it might help. Why, do they do so little to promote the business to the market?
explosive
- 19 Apr 2006 20:43
- 30 of 251
Hi Bizpack, I suppose that WTV are currently busy with promoting their services, podcast seams to be growing at the moment a service WTV supply to PR Newswire and the European Space Agency. This technology will be big business in the future. Currently mobile communication is on the rise and I believe that wi-fi will eventuly rule. Podcast is perfectly positioned to supply the growing media demand however WTV need to be well positioned with contracts in place or will ultimatly lose out. Lets not forget 3GP is also an established technology capable of delivering the same thing with one disadvantage being people don't like paying for air time!!
BIZPACK
- 20 Apr 2006 13:46
- 31 of 251
explosive, One only has to look at moneyam to see the webcast/podcast has arrived. I am surprised that more investors have not cottoned onto the possible growth that PR Newswire will bring to the company.
Global Nomad
- 20 Apr 2006 14:18
- 32 of 251
there was some research recently re podcasts that was revealing in that it suggested that although it was growing in peoples perceptions and the growth of content was there, the connection between those downloading and listening was actually relatively low. It is an important aspect but caution should be applied as to its future. Clearly there will be a difference between people downloading audio info / reports and the like as opposed to the home made dj/ranting etc.
WTV need to continue to keep a wide range of suitable and potential methods for distributing information.
explosive
- 20 Apr 2006 19:11
- 33 of 251
Global, I appreciate that currently useage is low, however as wi-fi and mobile connetivity grows I think so will webcast/podcast.
If anyones wondering what PODCAST is then below should enlighten you.
Subscribing to podcasts allows a user to collect programs from a variety of sources for listening or viewing either online or off-line through a portable device, whenever and wherever it is convenient. In contrast, traditional broadcasting provides only one source at a time, and the time is broadcaster-specified. While podcasts are gaining ground on personal sites and blogs, they are not yet widespread. One easy way to find podcasts is to use the Podcast Directory in iTunes; these automatically-updated podcasts can then be synchronised to a portable multimedia device, such as an MP3 player, for off-line listening.
"Streaming" files from the Internet can remove the specified-time restriction, but still offers only one source at a time, and requires the user to be connected to the Internet while playing the files. The ability to "aggregate" programs from multiple sources is a major part of the attraction of podcast-listening. Unlike podcasts, streaming also can be used to broadcast live events over the Internet at the moment they occur. Although streamed programs, like broadcast radio signals, can be recorded or captured by the receiver, their transient nature distinguishes them from podcast episodes, which arrive in already-archived form. (This difference may make a podcast legally distinct from a webcast or streamed media file.)
OK so Apple is already in, Microsoft are currently looking at podcasting (to the best of my knoledge) and Sony have the means to also exploit webcasting/podcasting with their portable PSP wi-fi unit. Lets not forget that gamers could also get into podcasting, while data is currently received as either video or sound there's no reason why this couldn't be extended for other uses!! Like I've already mentioned 3GP (Mobile phone technology) especially series 60 complient uses streaming and blogs, as the technology improves so will the usage. Podcasts could well replace or co-inside with 3GP!
BIZPACK
- 21 Apr 2006 07:58
- 34 of 251
explosive, I admire the way you have clearly set out, to those that do not fully grasp, what PODCASTING is.
One very important point is that Microsoft have been working with WTV, if you check the http/www.world-television.com site, and dig around a little. In fact, I would not be surprised to hear more about this with results.
WTV moved up 4% yesterday, so more of the same I expect as we move to results.
explosive
- 21 Apr 2006 18:13
- 35 of 251
Hi Bizpack, thanks for your post 34. Yes I was aware that WTV and Microsoft had signed a contract however haven't seen the specifics. If you have any furhter info on this could you please post for me.
Staying with Podcasting and contracts I suspect that the deal with O2 is also for Podcasting (Please note, SPECULATION on my part and not fact). Now, Apple lead the way with Podcasts, competitor to Microsoft, O2 also on board, will O2s competition Vodaphone, Orange & T-Mobile also want a slice of this for their customer base? If I remember correctly it was O2 that first took the plunge with WAP and the others followed. Will history repeat itself with Podcasting.
And finally 23.81% rise on the bid price today upto 1.22........ Wish I'd bought a few more now!!
BIZPACK
- 22 Apr 2006 14:17
- 36 of 251
explosive, thats just whats going to take place on Monday with this. At least my total holding is now in profit.
I think they are very short of stock and will have to run the price up and down with a few shakes to get what they need, so I am going to hold on and not allow them to shake me out to early and miss the real profit as I have often done in the past.
I also noticed that Kamera. com did a deal in Korea and WTV still own 10% of the business and supply services to it.
It should be an exciting week, wish I could watch it and not work.
skyhigh
- 22 Apr 2006 20:40
- 37 of 251
Nothing new... but... perhaps first half of2006 is going better than expected ?
"The Board believes the Company can look forward to the first half of 2006 with
confidence, especially since this period is traditionally the stronger half in
our market.
World Television expects to announce preliminary results for the year ended 31
December 2005 on Thursday 27 April 2006."
BIZPACK
- 23 Apr 2006 13:33
- 38 of 251
skyhigh, you say nothing new, I think there has been a lot new since that statement but they never announced it to the market as none of the deals amounted to more than 10% of previous years turnover. Put them together and I think you will find they might add up to more than 20% increase, and maybe even more to follow.
My view is that the last broker note made it clear they were undervalued and the market is just catching up on the news before results.
I think we saw take off on Friday and expect it to reach at least 2p before results on Thursday and higher after.
I`ll try to pop in tomorrow lunch time and see how its going.
explosive
- 23 Apr 2006 23:57
- 39 of 251
Almost 40% of global companies expect to boost their budget for online media in 2006 in order to communicate more effectively both internally and externally [Source: 3rd Annual IMS Enterprise Web Communications Survey].
Another thought! IBM ON DEMAND......
BIZPACK
- 24 Apr 2006 14:14
- 40 of 251
Explosive, I see a fair volume has changed hands. when you consider the jump on Friday its not bad that its held onto a bit of it. Pity though there is not more interest.
explosive
- 24 Apr 2006 21:27
- 41 of 251
Hi Bizpack, looks to me like the volumes have been growing everyweek. As a long term investment WTV has great potential so interest will follow slowly until the technology either is accepted as standard or a "better" is found. I'm up a nice 30% now so will need to evaluate this stock soon and think about stop losses.
BIZPACK
- 25 Apr 2006 07:39
- 42 of 251
Far to early to think of that explosive, I must shoot off to work but we could see more buying in the run up to Thur.
BIZPACK
- 25 Apr 2006 19:15
- 43 of 251
explosive, I see a stake of 3% has been disclosed. Impressive, before results even announced. Someone must have a lot of confidence that the outlook is positive.
I also looked at todays trades and I noticed the buys were at full ask but the offer has since dropped. The conclusion, I have come too on that, is that the market makers that have dropped the offer must be very short of stock. Sounds crazy, I know but for the sake of selling a couple of hundred thousand shares they seem to have wanted to give the false impression that they have a big seller. Well no T trades after close, so they must be hoping to pick up a bit of stock from investors that loose thier nerve but are sitting on a small profit.
Expect a bit of a shake tomorrow or a quick rise and fall to shake more stock out before the results. I`ll be surprised if they want to be short before then. I expect they will want a pretty level book.
Do you know anything about Bisson Ltd? Who are they?
explosive
- 25 Apr 2006 23:07
- 44 of 251
Evening Bizpack - What a stressful day at work, actully its been pretty crap for months now so I decided to hand in my notice today! Amazing an instant feel better remedy..... Anyway back to business.
Bissons Limited or better known as bissons.com, they are an IT company in the channel islands. Take a look at www.bissons.com, this 6 year old company supplies just about everything you can think of on-line, security, domaines, hosting, data protection etc. Perfect for WTV's Podcast technology, having said that both business complement each other as WTV's media and Podcasting is an ideal way for Bissons to also get some needed market exposure. Good news today!
GGekkko
- 26 Apr 2006 20:25
- 45 of 251
i think you'll find we've now turned the corner
good luck tomorrow
PapalPower
- 27 Apr 2006 07:37
- 46 of 251
http://www.investegate.co.uk/article.aspx?id=20060427072000P82D9
World Television, the international webcasting and multimedia visual communications company, today announces preliminary results for the year ended 31 December 2005.
Financial highlights:
Turnover 9.6m (2004: 10.0m)
Underlying revenue growth 7%
Operating loss 0.8m (2004: 4.4m)
Pre-exceptional EBITDA loss of 37k (2004: 1.087m), ahead of market expectations
World Television and Virtue Broadcasting merger delivered a reduction in operating costs of circa 1.4m, 0.5m more than the target set by the Board
Operational highlights:
Strong growth achieved in key markets including Spain, Sweden, Australia and the UK
Disposal of two loss-making non-core businesses:
Kamera Content in March 2005 and Foroso in December 2005
British Satellite News contract extended until 2008
Secured 85 new client wins including BAA, Virgin Mobile, Toyota, O2 & Microsoft UK
Mike Neville, Chairman of World Television has decided to step down after 3 years in the role
Mike Neville, chairman of World Television commented:
"2005 was a year of considerable progress for World Television. We secured 85 new clients and delivered over 10,000 projects across 35 countries in 15 languages, more thaT ever before. We achieved substantial cost savings, well above expectations, and disposed of two loss-making businesses. At the same time we began the process of developing new digital services.
"Restructuring is now complete and I look forward to 2006 with some optimism.
Our focus will be on improving the Group's profitability, particularly at the eBITDA level, to ensure a sustainable platform for growth in shareholder value.
"I have hugely enjoyed my time as Chairman, beginning in 2003 when Virtue Broadcasting was wholly focused on webcasting, had turnover from continuing operations of approximately 0.7m and was incurring significant losses. Now the group has a solid foundation from which to develop to the next stage.
"I leave World Television in the hands of a strong management team. I would like to thank my fellow Board members and World Television's highly professional and creative people for their support and hard work."
Steve Garvey, Group CEO, commented:
"Mike has provided outstanding leadership since joining Virtue, during some very difficult times. Under his guidance the Group has grown rapidly from webcasting to providing a comprehensive range of televisual communications services. We can now build on the international market-leading business that Mike has helped to create."
Outlook for 2006
In 2006 we are focusing on further improvements in the Group's profitability, particularly at the EBITDA level, to ensure a sustainable platform for growth in shareholder value. Trading in the first quarter has been in line with our budget and market expectations, and the Directors are confident about trading prospects for the remainder of the year.
The Group's future prosperity lies in the continued development of market-leading technology combined with the creative flair needed to produce compelling and effective content. We intend to consolidate the Group's position as an international leader in IP television for our target clients, and we intend to broaden the client base further to reduce the risk of over-dependence on certain key relationships. Our product development programme underpins the Group's ability to grow internationally as we develop new markets and expand our service offering in existing markets.
Global Nomad
- 27 Apr 2006 08:57
- 47 of 251
price down by some 7% this morning and I was here thinking this is a pretty positive set of results, chairman stepping down is always a bit of a downer but if the co has turned a corner and restructured succesfully then it is a good time to find someone for the new phase. The reduction in losses is great and surely there will be profits in the coming interim or full year. It is growing well.
Is this just profit taking after the recent rises or have a missed something more fundamental?
GN
skyhigh
- 27 Apr 2006 09:05
- 48 of 251
GN... agree with your comments... should now be making profits...and it's onwards and upwards from..us long termers (2/3 yrs for me) will not be put off by the 7% drop as we're taking the long view (slow & steady wins the race!)
Drop is just profit taking. imho
explosive
- 27 Apr 2006 10:31
- 49 of 251
7% fall doesn't bother me either, still up 25% on this one in under 2 months.
Global Nomad
- 27 Apr 2006 12:36
- 50 of 251
well done explosive....you got in at the bottom, seems like me and skyhigh have been here (via virtue) since the top(ish), perhaps we can meet somewhere in the middle and all be happy.
BIZPACK
- 27 Apr 2006 18:03
- 51 of 251
explosive, hope you have something lined up but understand that on occasions one just has to make life changes.
As to results, I just watched the webcast, bit disapointed that they did not give a much stronger forward looking statement. I think the selling has in the main come from profit takers, as you say its still up a lot over two months.
Everything looks much more positive to me from the statement about 2006 but I thought it was not forcefull enough, thats all. If it had been the price might have gone up.
Better, than the brokers note, that suggested the value at a discount to market of 1.4 when they listed it as a buy at .97p. How long to the next brokers note, upgrading it?
I`m about even now on my small holding but tomorrow could bring buyers back and soon see it go up.
Interesting about Bissons Ltd, are you sure thats the right one, as I saw no refrence to bissons.com. If it is I can see they might have the reasons you state, podcasting ideas for the retail internet sites. World wide, with big business contacts through WTV .WOW, I can see the attraction.
explosive
- 28 Apr 2006 00:49
- 52 of 251
Hi Bizpack, nope nothing lined up and have spent today registering with some accounting agencies. Have to say I'm looking forward to some time off and am even considering staying out all summer. Lifes just too short and its time to live a little...
Regarding Bissons Ltd, this is the only Bissons I could find within the channel islands. The website www.bissons.com at the very bottom says "Copyright Bissons Limited, 2000 2004" so looks to me like the same. Interstingly on the website "Managed Internet Access" & "Managed Internet Services" options if clicked on both say coming soon.
BIZPACK
- 28 Apr 2006 20:27
- 53 of 251
I see they have issued a statement about the loan note late on today.
Thats the only thing I find a bit concerning, still now that I can only sell for 1p, I`ll take a chance thats its not as bad as it looks. The company could do with a cash injection by the looks of it, I regret to say, as that could dilute other shareholders value, unless they are making profits at this time, which is quite probable bearing in mind Q4 was neutral. So, I am still positive.
explosive, I take it your an accountant, so can you throw any more light and give us your take on the accounts please.
explosive
- 01 May 2006 23:39
- 54 of 251
Evening Bizpack, I don't share your view that this injection of cash will dilute shareholders value. A placing of further shares would do this and not an unsecured loan in my view.
World Television Group PLC
28 April 2006
World Television Group PLC ('World TV' or the 'Company')
28 April 2006
Update re: Convertible Loan Note Issue
The Company announced details of the issue of 1.11 million of Convertible Unse
cured Loan Notes 2006 on 6 December 2004 (the"Loan Notes"). These were
redeemable at the rate of 1.15 for every 1 nominal amount at any time after
30 November 2006.
The preliminary results for the year ended 31 December 2005 were announced on
27 April 2006. In this the Board announced it had obtained written undertakings
from a majority holding not less than 75% in nominal amount of the Loan Notes,
which will be binding on all the Noteholders, that they will not demand
redemption or repayment of the Loan Notes until after 31 May 2007.
Before any conversion of the loan notes takes place (except following a takeover
offer), such members of the concert party (as detailed in the announcement on 6
December 2004) and the Company will seek a waiver from the Panel from the
obligation to make a general offer that would otherwise arise as a result. Such
waiver will be subject to approval by independent shareholders of the Company.
In consideration of the extension of term of the Loan Notes above, the Loan Note
Holders will receive interest at 5 per cent.per annum of the principal amount.
As Peter Sibley, Andrew Booth and Anthony Bartlett are directors of the Company
and holders of Convertible Loan Notes, this constitutes a related party
transaction under the AIM Rules. The independent directors consider, having
consulted with Brewin Dolphin Securities, that the terms of the transaction are
fair and reasonable insofar as shareholders are concerned.
ENDS
Now as there Convertible Loan Notes are held by the companies directors, I view this RNS more as confidence within the board. Yes you could say that any extention to the notes would profit the board however.
"In this the Board announced it had obtained written undertakings from a majority holding not less than 75% in nominal amount of the Loan Notes, which will be binding on all the Noteholders, that they will not demand redemption or repayment of the Loan Notes until after 31 May 2007." Thus reducing the risk involved.
Keeping on the subject of risk as at 31st December 2005 WTV fundamentals show WTV as having a market cap of 8.76m, and current assets in debtors as 2.41m lets call this 25% of market cap and extreamly high. Being that WTV have until the 31st May 2007 to repay Loan Notes of 1.11m its easy to suggest that all associated risk against the repayment of Loan Notes can be met by outstanding debt due to WTV. Furthermore I see no reason why WTV wouldn't post a 2006 profit even with the employment of a credit manager to collect its debt. I would also consider that debt, less Loan Notes equals 1.3m. This will be cash in bank once liquidated.
Finally, yes I do work in the accounts sector but am only able to say as a part qualified accountant. Over more recent years however I have worked as a credit controller/manager. So I'm not qualified to give you a professional opion but more how this situation reads in my mind. Please feel free to correct me should you find my observations to be incorrect. Thanks
explosive
- 02 May 2006 18:31
- 55 of 251
Director confidence shown below, lets now see the sp settle at 1.25 before the next push!!
World Television Group PLC
02 May 2006
World Television Group PLC (the 'Company' or 'World Television')
2 May 2006
Directors' Dealings
The Company has been informed that Mike Neville, the Chairman of the Company,
has today purchased 792,836 ordinary shares of 0.1 pence each at a price of 1.25
pence per share.
As a result of the above transaction Mr Neville now has an interest in the
following number of shares:
Number of Ordinary Shares Percentage of Issued Share Capital
1,346,642 0.18%
ENDS
BIZPACK
- 02 May 2006 19:13
- 56 of 251
Thanks explosive for your postings. Looking at what you say, I agree.
The fact that Mike Neville has purchased shares, while they are looking for a replacement, looks very positive to me. The outlook must be bright.
I`ll just keep holding.
explosive
- 02 May 2006 19:19
- 57 of 251
Hi Bizpack, one other thing I failed to mention was WTV posted a turnover of 9.6m for '05 against a market cap of 8.76m. This to me indicates a cheap sp especially when theres no news of business decline! Just thought it worthy of a mention..
BIZPACK
- 03 May 2006 20:46
- 58 of 251
Explosive, yes I noticed that as well. I also looked at todays trades, having looked at them in detail, it seems to me that the Market Makers are working a large trade, as there were more buys than sells. In addition they are also keeping the spread very wide, to discourage buying while picking up sellers stock cheaply, making a large margin in the process.
Could other directorsbe buying.
explosive
- 04 May 2006 18:40
- 59 of 251
Bizpack, could well be a possibility, I think WTV are on the verge of a broker markup as the company moves into profit. Mike Nevilles recent purchase would support this, obviously confident. As soon as either a profit forecast is given or broker markup the bid will increase to 1.25~1.35 and the MM's will cash in against any buy order. For us already in its a milestone hit and maybe a possibility to sell on a high, let the market settle and buy back in....
BIZPACK
- 04 May 2006 20:13
- 60 of 251
Disappointing low volume today but you cannot expect otherwise on such a huge spread. 1 - 1.25p 25% before you start, ok you might be able to buy inside the margin @ 1.2p but its still 20% plus costs.
I hope your right but if so I`ll still hang on, in the past I got out, only to see other stocks fly.
good luck if you do.
explosive
- 05 May 2006 11:54
- 61 of 251
With the Bissons buy and director buy theres plenty of confidence. Maybe back on a buy for me anywhere below a .92 average. Final results due end of June so plenty of time for MM speculation.
Have a look at the link below, the technology is on our doorstep now so the orders for WTVs podcasting should be picking up.
http://www.world-television.com/intel/
Also if you've never seen any of WTVs work then have a look at the link below,
http://www.world-television.com/casestudies/EN_reuters_livingfast.html
this video was created for Reuters and in 2005 the British Association of Communicators in Business (CiB) awarded this production a Grand Award.
BIZPACK
- 06 May 2006 12:50
- 62 of 251
I take it you have sold out explosive, from your last post or part of your holding.
I took a look at yesterdays trades and it looks like that there is strong support at 1.15/1.2p, so I can only see it rising should the FD buy stock, following that of the Chairman. In fact it could have been her buying on Friday to be announced Mon.
Lets hope so, or lets hope she starts to do so soon.
Asia, is a fast growning market and they might have news out soon,in view that Kamera did a deal in Korea not long ago.
Looking at the WTV website, its seems to me that they are suggesting they have some software that is cutting edge, maybe thats the Bisson link. any idea?
explosive
- 07 May 2006 18:54
- 63 of 251
Hi Bizpack, sold nope not me, I'll buy below .92 and sell at around 1.7ish should confidence cause the sp to run over a support line of 1.2~1.5. Not sure what the bissons link will bring at the moment if at all anything.
BIZPACK
- 08 May 2006 19:44
- 64 of 251
Disapointing volume again today explosive.
One other disapointing thing is, that no other director has followed up behind the Chairman and purchased any stock in the market. As they are not in a closed period, I would have expected the FD to be buying as well.
It is not only directors buying thats needed, it confirmation of a few new contracts that would do wonders for the stock price.
Good to hear your still in, as I really think this will advance before much longer and as we run towards the AGM in July. With the AGM being a live webcast, they will not want a lot of fed up small shareholders giving them a hard time. So I really expect them to give all shareholders some good news before then.
Hopefully, the FD will also buy stock very soon.
explosive
- 09 May 2006 11:03
- 65 of 251
Both the chairman and CEO have bought shares this year, Evelyn Kimber only joind the company in Oct 2005 so maybe too early to expect a buy from her yet.
Global Nomad
- 09 May 2006 12:03
- 66 of 251
nothing to say, just wanted to break up this duopoly....lol
explosive
- 10 May 2006 13:11
- 67 of 251
Found article below, further evidence that podcasting technology is being adopted. AS WTV have contracts with government, I wonder if a new contract win will be announced???
UK Telegraph Promotes Podcasting to Front Page
May 08, 2006
The UK's Daily Telegraph, one of the first newspapers to podcast, has redesigned its site. Notable is prominent featuring of the sites podcasts:
The placement highlights that fact that some newspapers are beginning to see podcasting and video podcasting as a way to branch into media that has previously been dominated by radio and television.
http://www.podcastingnews.com/archives/2006/05/uk_telegraph_pr.html
BIZPACK
- 10 May 2006 19:54
- 68 of 251
Global nomad, that is the problem.No interest in this stock.
Trades not promising once again but the CFO still not buying stock does nothing for confidence.
explosive
- 11 May 2006 01:12
- 69 of 251
Were already stating to see interest "UK Telegraph Promotes Podcasting to Front Page". Obviously the function/service will be more commonly used meaning the companies demand for Podcasting has increased! Now lets see if other media companies in this sector follow suit. New technology always takes a while to catch on or just get left behind. Podcasting has started to catch on and the market seams to like it (Heard no bad reports yet!). And I can't see any better developments being introduced into the market so won't get left behind.
explosive
- 11 May 2006 11:05
- 70 of 251
235,000 buys against 75,000 sells all buys at 1.05 an the sp falls, time I think for the bid to increase.
BIZPACK
- 11 May 2006 20:06
- 71 of 251
You missed that large sell explosive could it be the market in general that is having this effect.
I only hope wtv have something positive to say about their Podcasting business very soon, as you seem to suggest.
None of the Podcasts on the site you listed seem to use WTV`s software or streaming services. I could be very wrong, if so can you put up a link please.
Looks like I should have got out at 1.25 after all but I was unable to, being at work at the time.
I am looking at EIT as a recovery stock, any views?
explosive
- 12 May 2006 11:19
- 72 of 251
Bizpack, although not all companies will use WTV to podcast, at this stage any company adopting to Podcasting increases the market sector demand for the technology. Its really evidence of usage that I'm looking for which tells me the technology has a sustained usage within the market.
Personaly I think WTV will progress so far on its own before either making aquisitions or be snapped up its self. The fact that WTV should post a 2006 profit will help the sp rise. The Daily Telegraph uses Podcasting so that its articles can be viewed online or mobile whilst not buying an actual paper, not only does this increase the Daily Telegraphs market exposure but also introduces people to Podcasting. We know that O2 and WTV signed a contract however for what I'm not sure, I suspect O2 will provide as it does on most sporting events coverage of the World Cup on mobile, will WTV be providing this?
WTV win 9 awards in one week.
http://www.world-television.com/index.php?id=28&news=70&newspage=1
Yet again WTV awarded for the filming and production of great podcasts, this further increases their portfolio of quality documents essential for tendering brand names.
I had a look at EIT and personaly I wouldn't buy them. Loss making company and couldn't find any contracts or sales for their technology.
BIZPACK
- 12 May 2006 18:39
- 73 of 251
Explosive, Thanks about EIT.
I must have missed the contract with 02, can you tell me where to find the story please.
explosive
- 15 May 2006 10:21
- 74 of 251
Bizpack, if you look at the tread header there was an RNS posted on the 28th October. Have yet to find out more on the O2 new business win, I think this possibly not listed on WTVs web site as the contract is yet to be fulfilled.
Operational Highlights
* Successfully won British Satellite News (BSN) contract, at increased value with
the UK Government Foreign and Commonwealth Office
* Other new business wins include - BAA, 02 and Microsoft
* Disposal of loss making subsidiary Kamera completed in March 2005, into special
purpose vehicle (SPV) and will accrete value over next 3 years
* Announced today - appointment of Evelyn Kimber as the new Chief Financial
Officer
BIZPACK
- 16 May 2006 19:37
- 75 of 251
I checked the RNS explosive and could only see the BSN one on that date. I acknowledge they have flagged it as a new business win but I doubt it can have been that large or they would have had to state that it was, if it was worth over 10% of the companies turnover.
I made the mistake of hanging on, only to see it fall back to former lows. It could be a buying oppertunity or another chance to get locked in, or still fall further.Easy, with hindsight.
Seems odd that the chairman bought at 1.25p just two weeks ago,and then it falls as low as this.
You said you would buy again at .92p have you added?
I am tempted to add with profits earned on others but I am worried about getting sucked in for a long time. If I do I`ll take small profits on the way upwards this time.
explosive
- 17 May 2006 09:34
- 76 of 251
Limit order set at .85 for a further 30K shares
BIZPACK
- 18 May 2006 19:21
- 77 of 251
It all looks pretty dead explosive. I looked at the trades today and see a 30K trade but at a higher than your limit, so did you up it today and get the order filled?
Great price.
Nothing new in the way of news though from the company. so lets hope it picks up as AGM comes near.
Holding on to my spare cash as the market looks bad at present.
explosive
- 18 May 2006 19:33
- 78 of 251
That trade wasn't mine Bizpack, I expect this share will just coast now for a while until the AGM
BIZPACK
- 19 May 2006 19:44
- 79 of 251
I see they traded at .85 today but no 30k trade, I take it you cancelled your order explosive.
I think the price will drop looking at the amount of sells today. I need to get my timing right.
explosive
- 23 May 2006 18:07
- 80 of 251
Bid stands at .75, no reason for the fall and expecting the stock to bounce back to 1 at least. Stance now can only be a hold whilst I confirm nothing has changed..
BIZPACK
- 24 May 2006 20:43
- 81 of 251
The reason it should without news explosive?
Next to no interest in it now by the looks of it.
explosive
- 25 May 2006 10:58
- 82 of 251
Very frustrating I know, on the 25th July '06 WTV has its AGM and will also release its 2005 final results. Preliminary results are very good see below link (Intrestingly in operational highlights "Secured 85 new client wins including BAA, Virgin Mobile, Toyata, O2 & Microsoft").
http://www.world-television.com/files/Final%20Prelim%20statement%2027%20April%2006.pdf
Also Brewin Dolphin Securities April '06 research keeps WTV at a 'Strong Buy' see below.
http://www.world-television.com/files/WTV_Prelims_28-Apr-06%20Brokers%20Note.pdf
With Bissons Ltd buying and Mike Neville increasing his holding I'm confident theres something in the pipework and WTV are starting to do business with some very large respectible corporate companies.
In my mind nothing has changed from when I bought this stock, in fact consensus has become better with director dealings. So I'll wait out this low as I still believe a tick up will come.
BIZPACK
- 27 May 2006 19:38
- 83 of 251
Lets hope its just the market shivers that caused the fall explosive. I expect the stock will improve when they announce the name of the new chairman, if he/she is better regarded than Mr.Neville, whom still retained the whiff of the old VTB troubles and misdeads.
WTV, need new contracts though to make this run or make a very strong trading statement.
Do you know anything about the Intel work done?
explosive
- 27 May 2006 20:59
- 84 of 251
Well 85 new contracts were signed in 2005, unfortunatly I haven't details of these except of the solutions posted on WTVs website. I'm sure we'll see something for the world cup and hoping it'll tie into the mobile networks O2 and Virgin.
Oh reference the intel work done, click on the link below for the full story....
http://www.world-television.com/intel/
BIZPACK
- 30 May 2006 17:50
- 85 of 251
A depressed market but better looking blue at WTV. It seems that the larger buyer is back in the market taking a million at .85p today. its only 8.500.00 in total but a few of those soon add up.
Only a small amount sold to the market makers today even though late trading sent the market southwards could be a very good sign.
explosive
- 01 Jun 2006 15:17
- 86 of 251
The 15,744 trade showing as a ? is a buy. I know as its mine!
explosive
- 06 Jun 2006 21:40
- 87 of 251
Almost 40% of global companies expect to boost their budget for online media in 2006 in order to communicate more effectively both internally and externally [Source: 3rd Annual IMS Enterprise Web Communications Survey].
Wonder what the figure is split between Podcat and MNR. Also 40% growth in '06 is great, what will '07 have install.
skyhigh
- 07 Jun 2006 07:08
- 88 of 251
wtv ? zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
BIZPACK
- 11 Jun 2006 20:31
- 89 of 251
yes sykhigh, that is just the way I have come to look at this company.
Very very disappointing are the only words for it. They have not even found a new chairman yet by the look of it.
Very little volume of late which makes me think Bissons Ltd have stopped buying.
Our only hope is the AGM at the end of the month, after that I will sell, even though I`ll make a loss, if no better news has been released.
skyhigh
- 12 Jun 2006 08:03
- 90 of 251
at these levels it's probably better to stay in and see what happens in the long run... I got in ages ago at 3p... so I'm hanging in there for the time being!...
L
skyhigh
- 12 Jun 2006 08:03
- 91 of 251
at these levels it's probably better to stay in and see what happens in the long run... I got in ages ago at 3p... so I'm hanging in there for the time being!...
L
skyhigh
- 12 Jun 2006 08:03
- 92 of 251
at these levels it's probably better to stay in and see what happens in the long run... I got in ages ago at 3p... so I'm hanging in there for the time being!...
L
skyhigh
- 12 Jun 2006 08:03
- 93 of 251
at these levels it's probably better to stay in and see what happens in the long run... I got in ages ago at 3p... so I'm hanging in there for the time being!...
L
skyhigh
- 12 Jun 2006 08:03
- 94 of 251
at these levels it's probably better to stay in and see what happens in the long run... I got in ages ago at 3p... so I'm hanging in there for the time being!...
L
skyhigh
- 12 Jun 2006 08:03
- 95 of 251
at these levels it's probably better to stay in and see what happens in the long run... I got in ages ago at 3p... so I'm hanging in there for the time being!...
L
skyhigh
- 12 Jun 2006 08:03
- 96 of 251
at these levels it's probably better to stay in and see what happens in the long run... I got in ages ago at 3p... so I'm hanging in there for the time being!...
L
BIZPACK
- 12 Jun 2006 17:55
- 97 of 251
Did you have a jammed keyboard skyhigh, as I see you managed to post a multi bagger at the same time.
Pity the sp does not multi that many times as fast.
I looked at the trades today and was wondering if you had a view as to the possibility of a bigger buyer collecting once again as the price held, even though there were two big sells of 600k each.
On most occassions the MM just drop the offer unless they are filling an order.
Maybe EK is buying at long last?
skyhigh
- 15 Jun 2006 09:20
- 98 of 251
Grim isn't it !
We had good news released the other day (or was it bad news !) who knows ?
and today someone sells half a million shares at .065p... bids going down all the time..'orrible isn't it !
explosive
- 15 Jun 2006 09:52
- 99 of 251
Grim depends on what your average is. I suppose it is grim if you got in at the 3p mark but for anyone averaging under 1p its not all that bad considering the sp is about as low as I think it'll go....
skyhigh
- 15 Jun 2006 10:24
- 100 of 251
It's grim whatever !
I originally got in at 3p a few years and then sold half at 6.5p, so you could say my average is 1.5p if you see what I mean...
explosive
- 15 Jun 2006 14:34
- 101 of 251
Well WTV have said that Q1 2006 has been inline with expectations. I can't see any reasons for Q2 to be different and see no reason why WTV shouldn't post a profit overall in '06.
BIZPACK
- 19 Jun 2006 19:42
- 102 of 251
New low today explosive but the larger trades look more like buys than sells. I have a bit of spare cash and may average down tomorrow as I think the bottom has been hit. With such a low market capital, add to that the recent news that will add almost 500.000 profit back into the accounts, it seems to me they could show a large profit in the next half and improve on that going forward. If you add that amount to the forecasts posted in the brokers note which they improved upon last time. I think the stock price could take a sharp hike northwards if they give a good trading statement at the AGM at the end of July if not before.
News of a New Chairman could help as could buying by the FD. I only wish she would put her hand in her pocket and buy stock, as this alone would show a vote of confidence in WTV.
skyhigh
- 19 Jun 2006 21:23
- 103 of 251
Grim isn't it !
explosive
- 20 Jun 2006 19:00
- 104 of 251
Very grim, buts whos broadcasting 3G football highlights????????
BIZPACK
- 20 Jun 2006 19:41
- 105 of 251
I must admit I never added today but will be brave tomorrow and do so.
Tell us more about those 3G highlights please explosive, and will that not be done though Kamera.com that WTV sold off but retained a 10% stake and part revenue until July 06 ? Unless WTV are producing the content?
skyhigh
- 20 Jun 2006 19:53
- 106 of 251
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz!
explosive
- 21 Jun 2006 19:48
- 107 of 251
BIZPACK, the 3G highlights was a question, I know there being broadcasted but don't know upon whos revenue line.....
Skyhigh, yep nothing of interest happening at the moment. I await news like the rest of you!!
BIZPACK
- 27 Jun 2006 19:59
- 108 of 251
I see they have now stated the time and place of the AGM along with the finial accounts.
Averaged down a little now, so hopefully will soon see blue sky.
explosive
- 28 Jun 2006 19:20
- 109 of 251
Hemscott broker sentiment "Strong Buy" see below.
http://www.hemscott.com/companies/company-summary.do?companyId=3879
For Immediate Release 13 June 2006
World Television Group Plc
('World Television' or 'the Company')
HMRC concludes World Television not liable for tax
World Television has been advised by HM Revenue and Customs (HMRC) in the UK
that it has concluded its review of potential PAYE and National Insurance
contributions (NIC) concerning Tornado Group plc (now called World Television)
at the time of its flotation in March 2000. The Company announced the review on
2 December 2005 and has vigorously defended its position during the process.
HMRC has agreed that Tornado Group plc operated PAYE/NIC on the correct measure
of profits and that accordingly World Television's liability in this case is
nil. Moreover HMRC has advised that the Company will not be liable for any
court costs arising from the review. The Company will meet its own costs in the
case, which are expected to be within the figure provided for in the 2006
budget.
The Board made a provision of 496k for the liability excluding penalties and
some interest in the final accounts for the year ended 31 December 2005. This
provision, charged as an exceptional item, is no longer required and will be
written back in the accounts for the current year.
Ends.
Link to annual report '05 below. Main highlights are loss of 0.8m for the year with fourth quarter neutral. '06 should be a profit making year, I'm very optimistic...
http://www.world-television.com/files/Annual%20Report%202005.pdf
BIZPACK
- 09 Jul 2006 17:34
- 110 of 251
The volume has been so low for weeks now. It must be time for a trading statement very soon, hopefully it will be strong and set the blue touch paper alight.
The last trade on Friday was a buy at least.
explosive
- 10 Jul 2006 18:30
- 111 of 251
Bizpack & skyhigh
Below is an email received today from Steve Garvey WTV CEO with regard to some of the questions I have sent WTV. Do you have any questions that you'd like me to consolidate and put to him when responding? Likewise is your in any doubt that this email is authentic then let me have your email and I'll be happy to forward.
Dear Mr. Chenery,
Ruth has passed on your questions to me. I'll answer them as well as AIM rules allow.
You right that we are advertising our services and trying to get into prospective markets. I'm not sure what information you are asking for concerning our PRN agreement, but it remains in place and is working well.
I'm sure you'll appreciate that neither I nor anybody else at World Television can explain share price movements since we don't deal in the shares. We are concentrating on the company's trading performance. However I can confirm that we will issue a trading statement around the time of our AGM, in accordance with the corporate calendar published on our website. Will you be at the AGM?
You mentioned the Hemscott report but I don't think I've seen that one. Could you mail me a copy?
Best regards,
Steve Garvey
CEO
BIZPACK
- 10 Jul 2006 20:26
- 112 of 251
Thanks explosive, I am not clear what you were asking them in relation to the PRN agreement they have in place but if the share price is anything to go by then I am shocked to think that Mr.Garvey thinks the company have done a good PR job. if so it would seem that the low share price has indeed been planned by the company.
I would like to ask him if he is disapointed that E.Kimber (FD) has not put her hand in her purse and purchased stock in the market and is she now in a closed period?
I would also like to know if the former directors have purchased the options they were granted(that expire 14 July 2006) some time ago, at 0.1p & 0.6p and could this be the reason the share price fell from 1.25p to 0.73p. and did Mr.Neville buy in May to help uphold the stock price, helping and enabling the options of his former directors to be sold at a profit or did it not cross his mind that they might do this and depress the share price....I ask you explosive why he, armed with this knowledge, would buy stock @ 1.3p.
Also why did SG buy new stock @ 1p when it could be purchased in the market for less and with the knowledge that millions were or could be dumped in the market by these former directors, without the knowledge of other shareholders. If any of these options have been converted should they have not informed the market, as he and Mr.Neville had this knowledge before dealing in the company`s stock this year.
As soon as Mr.Neville goes, he will be free to unload all his options as well, without the company informing the market. No wonder, the sp is low, after all the questionable statements made at the time that money was raised to reverse into WTV and all these options.
Let us hope that those days are now over with the depature of our current Chairman but I am not so sure they are I think they would have needed to disclose that information to all shareholders and show they have turned over a new leaf. Mr.Garvey, has a lot to prove before he can be trusted and we see a return to improving share values.
Also, how much longer are we going to have to wait to find out who the next Chairman is.
Is good to know that we will get a trading statement within weeks. lets hope its very positive as they said they were confident at the time of the results in April.
I somehow, think it must be otherwise those share purchases by Neville will look like another piece of bad practice by an AIM co.
explosive
- 11 Jul 2006 19:43
- 113 of 251
Hi Bizpack, not sure we'd even get a response to those questions as hes already said "I'm sure you'll appreciate that neither I nor anybody else at World Television can explain share price movements since we don't deal in the shares. We are concentrating on the company's trading performance."
I did however send the following email last night;
Mr Garvey,
Thankyou for your response. Regarding company advertising could you please send me some .pdf's or a link so I may see which products and services are being driven at present. If you have no objections I'll also include these on the thread I created on moneyam, so all investors can see.
Reference the PRN agreement "Under the agreement, World Television will fulfil all requests from PR Newswire Europe's customers for broadcast PR services and will also offer PR Newswire Europe's regulatory and PR wire distribution services to World Television's existing customer base." & "The companies have agreed to a financial arrangement that reflects the profitability of the referred business until the end of 2006. World Television has not made any advance payments for the agreement."
Have any payments been made as of yet? If so maybe you could elaborate upon if revenue generating for WTV and if so what turnover againt the PRN agreement WTV is forecasting?
WTV announced that in 2005 it secured 85 new client wins including BAA, Virgin Mobile, Toyota, O2 & Micosoft UK. Are you able to eleborate further regarding Virgin Mobile and O2?
The Hemscott report it's more a broker sentiment and ratios, follow the link below.
http://www.hemscott.com/companies/company-summary.do?companyId=3879
Regarding the AGM, I'm currently not planning to attend on the 25th. However there are other investors posting on moneyam that will be there. I see no reason why all resolutions ordinary and special shouldn't be agreed.
Many Thanks
John.
And heres the response I got;
Dear Mr Chenery,
Most of our links and sales messages are on the website but I'll ask the marketing team to check for any additional PDFs that we can supply to you for the thread.
Thanks for the link to the Hemscott report. They haven't done a great job of summarising our business but we'll contact them and see of we can improve that.
I'm sorry but I can't give you specific financial information on the PRN agreement. If I do, it has to be to the market as a whole, so I'll have to ask you to look out for our market announcements.
Our work for Virgin Mobile and O2 included a live event, live webcasts and on demand webcasts of financial results and a product launch.
I'm sorry I won't get the chance to meet you on the 25th, but I'll look forward to seeing the other investors who post on moneyam.
Best regards,
Steve
Doesn't tell us anything we didn't already know....
Steve.Garvey@world-television.com is the email address you want to contact the CEO in person.
BIZPACK
- 12 Jul 2006 19:36
- 114 of 251
explosive from the reply it strikes me as though he is talking about Virgin and O2 as though the jobs finnished and not ongoing.
Lets hope they send you the PDF`s soon that they are something new.
Well done.
BIZPACK
- 17 Jul 2006 19:22
- 115 of 251
A rise for a second day running I see.
Could the Market Makers know who is going to become the new chairman, as they seem to have walked this up with very little volume.
It could also be they are aware of the trading statement you talked of explosive, and are prepairing themselves for it.
Any ideas?
explosive
- 17 Jul 2006 20:46
- 116 of 251
Can't see WTV would release a trading statement after the AGM. I for one want to know if were looking good to post an '06 profit. I'm sure others have also seen it too.
Global Nomad
- 17 Jul 2006 22:25
- 117 of 251
well that was a good rise today.....if this is firming up I may even feel more confident about averaging down.....or will this retrace soon again.....i guess theres a little way to go before the downward trend is broken.
if there is some statement or cleare reason for recent change of direction there may be many more people ready to come back in.......
waiting as ever
GN
BIZPACK
- 18 Jul 2006 17:52
- 118 of 251
Well at least the sentiment here seems to be improving. Thats half the battle with depressed stocks like this.
Another thin day of trading with little volume. It seems like there are very few sellers at this low level.
I hope they name the chairman soon and give us the trading statement but you must remember they made positive sounds about trading when they produced the full year 2005 figures.
explosive
- 21 Jul 2006 20:17
- 119 of 251
AGM on the 25th, so expecting a trading statement next week before this!!! Fingers crossed its a goodon and puts us into position of an '06 profit... :-)
BIZPACK
- 21 Jul 2006 20:57
- 120 of 251
I did not like the look of the drop today explosive but who knows on little volume, it may have been a trader that lost their nerve or time just ran out.
I think they will give this trading statement out on Monday.
Fingers crossed that it will be good.
explosive
- 24 Jul 2006 21:11
- 121 of 251
LONDON (AFX) - World Television Group PLC said it expects to make an EBITDA profit before exceptionals in the first half after achieving revenues of approximately 4.8 mln stg in the period.Underlying revenues declining by 2.5 pct, the group said.However, it added that revenues were 'held back' primarily due to reduced spending from a major client in the Corporate TV business in the UK in the second quarter. World Television said it expects to write-back 496,000 stg in the period against the provision for a tax claim concerning Tornado Group, and this exceptional credit will enhance both EBITDA and pretax profits.Earlier today the company announced the appointment of Stephen Kirk as non-executive chairman with effect from Sept 1, replacing retiring chairman Michael Neville.newsdesk@afxnews.comtcCOPYRIGHTCopyright AFX News Limited 2005. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
Sp looks ok to me Bizpak, could always be better. And finally Stephen Kirk to replace Michael Neville..... Now currently not sure if thats good news or not!!
BIZPACK
- 26 Jul 2006 20:54
- 122 of 251
I think replacing M.Neville is the best thing they could have done explosive,and S.Kirk comes with a good history. I think this is just what WTV needed, as its now running under its own steam. All they have got to do now is increase the sales and marketing team and up and away it will go.
I think the CEO has done a great job having sorted out the group.Got rid of all the loss making stuff, hence turnover drop in first half.
I had a look at the webcast this evening, and I must say it looks pretty slick.
I think profits will grow from here and its undervalued. I might buy a few more if it drops back a bit.
skyhigh
- 26 Jul 2006 21:25
- 123 of 251
still grim though isn't it !
sp to fall further...tons and tons of excess shares to mop up...might top up when offer hits .006p..
skyhigh
- 27 Jul 2006 14:51
- 124 of 251
Still grim isn't it ! How crap is this share...just keeps falling away... bid down again
BIZPACK
- 27 Jul 2006 20:38
- 125 of 251
Just the Market Makers taking the p***, as the volume was only 270k skyhigh.less than 1,400.00 takes the company down 3.2%. I also see they have done a deal with Intercall in Australia.
Looks very good news, it is a pity they do not do a market RNS to announce these things. My guess is they want the sp to remain low until the new chairman arrives.
Still skyhigh, did you not mean to say 0.60 and not .006p?
explosive
- 16 Aug 2006 21:28
- 126 of 251
Maybe time to write another email to the CEO.... Anyone any questions?
BIZPACK
- 22 Aug 2006 14:49
- 127 of 251
Yes, I have one or two explosive,
How many sales personal do they have and would it not help to generate turnover, to increase the number of sales people?
Are the sales team on commission, if not why not?
Do the current team not need support or replacing as they do not seem to have done a very good job, otherwise turnover would have increased in H1.
moneyman
- 12 Sep 2006 17:51
- 128 of 251
Looks like it could be the time to buy some of these.
BIZPACK
- 12 Sep 2006 19:49
- 129 of 251
moneyman, I was saying that a few months ago but look what happened. The results on the 20th September must now be the reason for the pick-up.
I have thought them to be undervalued for some time. With luck they will go to at least 2p
explosive, did you ever send that e-mail?
skyhigh
- 12 Sep 2006 20:36
- 130 of 251
No.. there'll probably go back down again. always does.Be surprised if they break out of sub 1p and stay there. there are too many shares sloshing around. imo
explosive
- 13 Sep 2006 22:11
- 131 of 251
Nope never got round to it, to be honest not really looked at these for a while now as watching some other oilies drifting interestingly low.
BIZPACK
- 15 Sep 2006 21:12
- 132 of 251
explosive, with the results and trading statement around the corner, I notice the MM are keeping a wide spread and seem to have cleared all the lowest priced stock they had on their books.
I would be surprised if the new chairman did not buy soon after the results along with the FD. Hence keeping any news away from the market of new contracts and clients. I am sure that the recovery is underway and will continue, how long before its fully reflected in the price is another matter.
Most holders must have a high average, its likely they will be averaging down on good news rather than looking for an exit. So I cannot see any stop, other than MM shakes before 1.5p or even just below 2p.
I am going to buy a few more before results because sentiment and history has kept this well below market value for a company turning almost 10 million with growth around the world about to explode in this sector. They are well positioned, with offices in Australia as well as Europe to add growth and all the mess of the past now behind it.
Fred1new
- 15 Sep 2006 21:17
- 133 of 251
Probably, announce a consolidation of shares with the same spread. Looks good, but is B. awful.
explosive
- 17 Sep 2006 01:34
- 134 of 251
Bizpack, company is moving into profit or so it would seam looking back at recent announcements. Frustating why we've not seen any RNS in relation to new contracts I agree. The sp may be slipping however going on available news the only reason for this must me lack of news. I see the lows as potential buys, we must now be close to having a good client base! My only concern lies with the products, there demand within a fairly small market and the markets ability to grow with competition.
explosive
- 17 Sep 2006 01:34
- 135 of 251
Oh and a last minute getaway off to Antwerp, Belgium in a few hours, fingers crossed for some news whilst I'm away! Back in a week or so.
BIZPACK
- 19 Sep 2006 20:18
- 136 of 251
Big day for WTV tomorrow with pep talk expected from the new chairman and the road map to the future being displayed with a webcast pep talk from the CEO along with WTV`s first profit.
I topped a few up the other day as I expect the new chairman will either be buying stock in the company to inject cash along with the FD or will be buying in the market.
My view is the former will apply, as the CEO did this at a premium earlier this year.
Then I expect them to use the cash to open new offices in Hong Kong or Sinapore, and build growth, that in turn will go straight to the bottom line and start delivering the profits that so many investors have waited a long long time for.
Stephen Kirk has a backgound of selling companies to News International, so will soon add value.
BIZPACK
- 20 Sep 2006 19:29
- 137 of 251
Just got in and checked the results and watched the webcast. All it now needs is one or two new contracts and it will be up and away making the 10-15% they suggest for 2007, which at worst means a profit of 1 million +.
Very undervalued even though they have a loan note outstanding for 1 million. As this loan was from the concert party they will have no intention of calling it as they own over 50% of the company.
If your not in, I can see no better time to be in as the new chairman has just purchased 50k of new stock @ 0.8p well above the current offer.
In addition he has a great record.
Hope you had a good trip explosive.
explosive
- 26 Sep 2006 21:22
- 138 of 251
Thanks Bizpack and yes we had a great time. I agree with your comments above, profits have to be just round the corner and WTV are on a verge of a turn around. Its a sit back share and thats just what I intend to do!
BIZPACK
- 01 Oct 2006 13:44
- 139 of 251
Explosive,
Not much longer to wait before we start to hear much more positive news for sure.
Good to hear you enjoyed your trip.
explosive
- 09 Oct 2006 22:39
- 140 of 251
And we wait!
skyhigh
- 10 Oct 2006 07:57
- 141 of 251
and wait !
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz!
explosive
- 10 Oct 2006 21:25
- 142 of 251
10 October 2006
WORLD TELEVISION GROUP PLC (the 'Company')
10 October 2006
ALLOTMENT OF SHARES
The Company announces that it has on 9 October 2006 allotted 3,250,000 shares at
0.1p per ordinary share.
These shares relate to the exercise of share options in the Company by an
ex-director of the Company.
Following this allotment there are 767,035,903 ordinary shares in issue.
Application will be made for these shares to be admitted to AIM as soon as is
practicable.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
BIZPACK
- 15 Oct 2006 19:39
- 143 of 251
explosive, did you know that Steve Garvey was one of the speakers at the Expo that was held at the Copthorne Tara Hotel London 12-13 October 2006.
A friend that attended told me that he got a very positive impression from Steve that things were going very well.
Maybe they will be posting more info on the WTV website very soon that might restore some confidence, as the shares have been oversold.
explosive
- 18 Oct 2006 19:27
- 144 of 251
I did know yes, Steve always gives a good impression so wouldn't take much away from that. Agree share price is overweight, expecting to see an '06 profit .6m pretax I'm looking for. Happy to hold for now although news very thin. Having said this were still on the right track even if not chugging along at the best of speeds.
Latest news;
18.10.06
IR clients win awards for IR excellence
World Television is thrilled that a number of its clients won prestigious awards in Real IR magazines recent Thomson Extel Survey. The ceremony was held in London last month and celebrated investor relations excellence.
We are really pleased that we have been able to play our part in helping our clients achieve this success. These are companies who are pro-active in using the latest technology to communicate their message and these awards are a reflection of that, said Steve Garvey, Chief Executive Officer at World Television.
The awards are a genuine gold standard event for Europe's IR professionals and are the only truly pan-European rating and ranking of investor relations teams.
World Television has produced 28 webcasts, plus CEO interviews, investor videos and media relations campaigns for the winning companies so far in 2006, which have proved to be key components in their award-winning IR campaigns.
Among the winners are:
Actelion: Best IR team in Biotechnology
- Have won the category for the last four years
BAA: Best IR team in Transport
- The second year running BAA has won this category
Nestle SA: Best in Food Manufacturing
- Beat 2004 and 2005 winner Group Danone
Looks like volume is out for quality, mind you if it also boosts marketing a good thing in my book!!
BIZPACK
- 25 Oct 2006 20:21
- 145 of 251
explosive do you think a double bottom has now been formed on the charts, and can you tell me how you arrive at the profit of 0.6m. I thought it would be around 0.75m.
explosive
- 26 Oct 2006 20:07
- 146 of 251
Hi Bizpack, my .6m came from the Interim Results which stated Group P/L a/c operating profit of 306K to 30.06.06 (unaudited 6 months). Consolidated statement of total recognised gains and losses for the half year ended 30.06.06 profit / loss for the period of 297K, I've simply gone with a 300K per six month ball park figure based on the statement that trading has continued as expected to predict .6m profit at year end before tax and other items.... Having said this your .75m looks better with the disposal of the Kamera holding to add a further .146m ontop of the .6m I am already forecasting. This .146m I hadn't factored in...
I imagine you came to your .75m in pretty much the same way?
Regarding the double bottom question, I pay little attention to the charts,
As you can see on the above chart the upper indicator being Bollinger Brands does show a double bottom, but the sp seams to find its support at these levels. All in all the interest is there we just need a positive finish to the year, small profit and some long term orderbook would be a very good start to build confidence.
BIZPACK
- 31 Oct 2006 20:28
- 147 of 251
Big volume today explosive.
Is there something cooking at long last.
explosive
- 01 Nov 2006 19:56
- 148 of 251
Apart from the below broker sentiment, I know of nothing. Maybe they have bought some Euromillions tickets with pettey cash!!
http://www.hemscott.com/companies/company-summary.do?companyId=3879
moneyman
- 01 Nov 2006 21:55
- 149 of 251
Possibly people buying because the stock looks very oversold
BIZPACK
- 05 Nov 2006 10:42
- 150 of 251
No follow through, so back in the doldrums it went for the rest of the week.
Oversold but nobody loves AIM stocks anymore.
The directors do not seem to care how low the sp goes.
Maybe next week.
live in hope.
explosive
- 05 Nov 2006 22:37
- 151 of 251
Its all a waiting game now!
This year should show profit. If it does the board then must gear itself to get sales. We just need for some corporates to adopt world televisions methods of media and were in business. We have already received some good projects and feedback looks good. The sector as a whole should see organic growth which is where we'll capitalise. I suppose like anything new it takes awhile to become a standard, at least we're not making a loss!!
BIZPACK
- 07 Nov 2006 20:17
- 152 of 251
Glad your so positive explosive, having just looked at the last two days trades it would seem the rest of the world does not agree with you or me either.
My trades might not add to much but everyone of them is in the red.
I shall not be adding to my small pile but hope things improve before long and bring a bit of Christmas spirit with it.
explosive
- 07 Nov 2006 20:42
- 153 of 251
Lets hope then that the rapid growth in revenue from coporate IPTV services has continued.
BIZPACK
- 09 Nov 2006 20:29
- 154 of 251
Volume up again, could this be the company that Ten Alps are in talks with?
moneyman
- 10 Nov 2006 15:18
- 155 of 251
Large trade gone through and had to pay a premium to the published offer.
explosive
- 10 Nov 2006 23:00
- 156 of 251
All received email from Steve Garvey today as per the below. Let me know if anyone would like it to be forwarded. Total staff numbers however is 98 of which 30% work in Production, 22% Sales, 13% Technical, 13% BSN, 8% Finance, 6% Admin, 4% Management, 2% World Images and 1% Marketing.
Hi John,
Sorry you didn't get the PDFs, you should have done so I'll ask one of our marketing team to make sure you get them this time. There is additional material to what is available on the website and we'll get it to you.
As for directors' holdings, I bought 100k of shares early this year. If I do increase my stake, I'll have to announce it to the market first so I'm afraid I can't comment.
I've attached a spreadsheet showing the departmental breakdown for employees.
Best regards,
Steve
moneyman
- 10 Nov 2006 23:11
- 157 of 251
Sounds like a Dear John to me ;-)
LOL
Thanks
BIZPACK
- 11 Nov 2006 15:42
- 158 of 251
Very informative explosive, thanks.
It was a change to see a larger trade at a good premium.
Since that sell of three million the other week, there has been a lot more buys than sells.
Is sentiment changing towards AIM stocks at long last?
explosive
- 14 Nov 2006 20:03
- 159 of 251
Two 5 mil buys today at virualy the same time.
BIZPACK
- 14 Nov 2006 20:56
- 160 of 251
explosive, they must be a rollover not two buys but I am not sure where all the stock has come from of late, if they are buys that are being covered up to look like a rollover, then they have been well worked by the MM.
Having checked the trades over the last couple of months, many of the trades seem out of place, for example last Friday, it looks like there were about two million picked up at between 0.54 and 0.60p
It also, seems very odd that a premium was paid (0.65p)for over one million last week but it never moved the price.
I think something very big is going on and we should get news about it in the next few days.
A takeover or MBO?
If so, what price?
explosive
- 14 Nov 2006 21:30
- 161 of 251
Who knows the company had a market cap of 5.5 mil in September with the Brewin research @ a sp of .65. 12 month target was 1.4. The company looks to break even or make a small profit for this year so all ideas are feasible! Lets see if an RNS follows.
BIZPACK
- 18 Nov 2006 17:16
- 162 of 251
One thing seems to be ruled out for sure explosive, is that had they been going to do a placing, they would have taken advantage of the price around the time M.Neville purchased about 800k @ 1.25p.
It also cannot be long now before the new chairman has something to announce as it been almost three months since he took the job.
I would be surprised if we do not start to hear about what he has achieved since his appointment before much longer. Let us hope that that will be the trigger for the share to start moving up once again, as it has been so oversold, like many other AIM companies.
If steady buying was to take place on the back of a contract or two, this could move fast back to 0.85- 0.95
explosive
- 23 Nov 2006 19:28
- 163 of 251
All, .pdfs received as promised from WTV. As per earlier posts. Please advise if you'd like me to forward.
explosive
- 11 Dec 2006 19:42
- 164 of 251
Just checked that the Brewin report did say 12m target price of 1.4p!!
moneyman
- 19 Dec 2006 12:53
- 165 of 251
Well bouncing off it's recent low and MMs having to buy in the open market. Looks like this may be the time to hit the buy button.
BIZPACK
- 21 Dec 2006 20:09
- 166 of 251
explosive,todays news shows that Brewins are still bunch of tossers and must have been paid by WTV I guess, to put out another note to that effect after all the other they did years ago suggesting 6p.
It looks like holders with get screwed once again.
maestro
- 21 Dec 2006 20:21
- 167 of 251
this company is a joke...to think i bought at 3p ish...
skyhigh
- 21 Dec 2006 21:02
- 168 of 251
Me too bought in at 3pish many years ago.. not worth me selling up...yes we've been shafted and the company is a joke and we've been screwed etc., etc, lets hope 2007 is better for us (some hope I guess!)
BIZPACK
- 22 Dec 2006 15:12
- 169 of 251
Having got in at a much lower rate than most of you, I hold out a little hope in view that they seem to forecast a true profit for 2007 and not just EBITDA. So with luck and a few good contracts I might make a profit, if the loan gets sorted in a way that does not damage the sp.
explosive
- 27 Dec 2006 19:13
- 170 of 251
Well looking on the bright side this year was the first year that the Queens speech has ever been done on a podcast. Also www.bbc.co.uk seams to have more podcasts than ever before indicating a thumbs up for the technology. This share has always been about will the technology catch on! WTV seam to be holding their own and it'll only take a few good contract wins before the possibility of WTV being taken over, in the meantime its a costs game to ensure we breakeven.
I'm also in far below many others and averaging well under the 1p mark. For those in above 3p I wish you well but won't hold my breath your break even in this decade.
BIZPACK
- 28 Dec 2006 17:22
- 171 of 251
explosive, I see it is back at a low again. It looks like a double bottom.
This has got to be the growth stock for 2007. Have you seen the last webcast on the company website?
All that is holding them back it seems, is the sorting out the loan note.
To me it looked like a HOUSE FOR SALE NOTICE as they expect to make profits in 2007.
I am sure we will hear a lot more early in the new year.
moneyman
- 28 Dec 2006 21:20
- 172 of 251
As long as they get the bond issue sorted this will multibag.
explosive
- 02 Jan 2007 19:09
- 173 of 251
Nothing has really changed regarding loan notes except Sibley and Booth have stepped down. The notes generate 5% p/a and directors agreed to hold until 31st May '07. So the recent sp drop may well represent fear and change. All the same I don't this a time to further buy as I can neither see Sibley looking to sell at these prices. Something needs to give and we've not seen a contract win in quite some time.
BIZPACK
- 06 Jan 2007 12:42
- 174 of 251
Explosive that is just what occured yesterday to the WTV share price. Almost 50% up in a day. It was oversold but do you know of any reason for such a large rise in one day?
Do you think someone knows what deal the concert party have done to take away the fear that has caused this to fall so far?
Will there be a RNS on Monday telling the market?
I look forward to catching up on Monday night to see if this rise continues.
BIZPACK
- 08 Jan 2007 20:32
- 175 of 251
Back down again but volume high again. Spoils the excitement of the rise of last week.
explosive
- 10 Jan 2007 19:11
- 176 of 251
I'm wondering if WTV did the ESApod on the ESA's two day workshop to discuss the future of Europe's space exploration strategy. This has recently been on the news and is good news for WTV and its 3 year contract with the ESA. The 3 year contract is, to support activities around the world including satellite launches, missions of European astronauts to the International Space Station, planetary exploration and research milestones. This contract was valued at 16/01/06 to be worth 500,000 Euros however with recent announcements I'd have thought the contract value to now be significantly higher. Just a hunch!!
http://www.esa.int/esaCP/index.html (for those that are interested)..
BIZPACK
- 11 Jan 2007 19:24
- 177 of 251
Had a look at them explosive but it does not look like they are from WTV. Still, there was a huge amount of work shown on http://www.world-television.se/
if you click on Extra at foot of page.
explosive
- 12 Jan 2007 21:36
- 178 of 251
Thanks for your post Bizpack, had a look and the work done looks impressive.
Thread header and research updated (thought it was about time)!!..
BIZPACK
- 17 Jan 2007 20:11
- 179 of 251
A few decent buys today at long last. It seems to have turned the corner at long last following those big trades of a couple of weeks ago.
Lets us hope it takes off like RETV did.
moneyman
- 18 Jan 2007 10:02
- 180 of 251
Regarding the ESA you might want to check out this link
http://www.world-television.com/index.php?id=28&news=79&newspage=1
moneyman
- 18 Jan 2007 11:38
- 181 of 251
Volume is picking up nicely now. Hope we can get back to the 1.1p area.
BIZPACK
- 18 Jan 2007 17:42
- 182 of 251
What is the reason for the big buying volume today?
explosive
- 18 Jan 2007 18:16
- 183 of 251
Moneyman - Bizpacks post 177 and link shows all days from Dec 8 to Dec 23. A very good link I think with lots of info.
explosive
- 18 Jan 2007 18:32
- 184 of 251
I think we will get back to the 1p mark as indicated. Lets not forget if the Loan Notes are not repaid they will be converted to 1p shares. The board said in the December webcast that money was tight so I expect they will want to convert into shares. For the Loan Note holders to accept this deal the sp will need to be around the 1p mark.
BIZPACK
- 18 Jan 2007 20:14
- 185 of 251
I think you are wrong there explosive. The loan note holders could do all types of deals, like re-issuing the note under diffrent terms for example, or demanding re-payment, or even cause dilution by only accepting a lower conversion, say .05p.
They could of course have been looking for a partner like pr newswire, following the appointment of the new CTO to buy the note at a discount for example or a swap for equity at a rate that pr might demand.
The only other thing that springs to mind, is a bid from a third party, hence the buying two weeks ago and again today, as it was well over sold.
explosive
- 26 Jan 2007 19:30
- 186 of 251
LONDON (AFX) - World Television Group PLC said it has agreed the terms of a 'heavily dilutive' refinancing which involves the issue of new convertible loan notes to raise 1.935 mln stg.
The proceeds of this issue will be used in part to replace the loan notes issued in November 2004 and to provide funds for strengthening the ongoing working capital position, the company said.
The 2007 loan notes have a two year duration, have a zero coupon, are redeemable at an amount of 2.25 mln, and are convertible at any time, in aggregate, into 900 mln new shares, representing around 54 pct of the resultant enlarged share capital.
World Tel acknowledged the terms of the refinancing are 'heavily dilutive to existing shareholders', but said that holders of the 2004 loan notes had indicated they were not prepared either to extend further the repayment date on their existing terms, or to enforce conversion, meaning the company must fund or refinance this debt.
In addition, World Tel's independent directors have considered the disposal of certain non-core parts of the business and one such disposal is at an early stage of negotiation. newsdesk@afxnews.com tc COPYRIGHT Copyright AFX News Limited 2006. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
explosive
- 26 Jan 2007 20:10
- 187 of 251
Now theres a slap in the face, the board have clearly gambled boom or bust!! A significant contract win to explain where the financing will come from is needed or I suspect the board will be voted out at the next AGM!! It also annoys me to think that not even a dilution offering to existing shareholders wasn't offered! I hope they have a deal waiting release as this news will serve only to aggrevate the already patience of shareholders.. :-(
explosive
- 26 Jan 2007 20:36
- 188 of 251
Email sent to Steve Garvey CEO, will post response if any!
Steve,
After todays announcement I hope that a significant contract win follows. The board yet again tests the patience of its shareholders. Why doesn't the board offer a further placing to existing shareholders to raise capital which at least justifies any risk of dilution before the event? I don't expect you'll answer that question so I await the AGM where I can express my voice in the vote.
1.9m to provide ongoing working capital, this converts to 'expenditure' over/for X.
Regards,
John
BIZPACK
- 27 Jan 2007 15:57
- 189 of 251
Explosive, you cannot vote them off the board, the concert party have full control. Screwing everyone time and time again, it seems.
The place to voice your complaints is the www.monitoring@disclosure.org.uk
GGekkko
- 13 Feb 2007 13:00
- 190 of 251
Thought i'd pop over here to see you guys, the advfn board is deserted following banning of a number of posters.
Is anyone over here holding a large amount, and have you pledged support to the action group that has been organised on the other site?
skyhigh
- 13 Feb 2007 13:27
- 191 of 251
Still grim after all these years isn't it ?
I only have a qty of 20k shares left.. not worth diddly squat !
I'm of the opinion (rightly or wrongly) that we'll not be able to influence whatever outcome comes about. However, I will go over to the other site and pledge support.
GGekkko
- 13 Feb 2007 15:45
- 192 of 251
are there any others over here that have large holdings sky?
BIZPACK
- 15 Feb 2007 17:59
- 193 of 251
I think there are only a number of small shareholders here GGekko. Are you a large holder?
I just looked at the WTV website and see that they are providing a trading statement soon. Do you have any idea if it will be positive?
At least the loan note problem is behind them and I expect the main shareholders will be looking forward to seeing the share price up. I feel there is hope for us yet. I need it to rise to about .75 to see some profit but I might top up if the trading statement is good.
skyhigh
- 15 Feb 2007 19:25
- 194 of 251
I, (and probably a lot of others) need it to get 3p before I see some profit!
explosive
- 15 Feb 2007 23:04
- 195 of 251
I'm in the same boat as you Bizpack but holding 200K in shares.
BIZPACK
- 20 Feb 2007 20:36
- 196 of 251
I just logged in and checked the trades having run a historical list through a software tool that I have been working on explosive and if it is correct then we are due to see the sp rise tomorrow or the next day.
BIZPACK
- 21 Feb 2007 20:37
- 197 of 251
What a perfect call, should continue with the rise. Good Luck
BIZPACK
- 28 Feb 2007 17:41
- 198 of 251
Nothing will hold this down for long as we are bouncing off a double bottom.
It could be a fast rise to.75
explosive
- 28 Feb 2007 20:46
- 199 of 251
With slower growth than expected WTV isn't showing much confidence. ****CONTRACT WIN***** is needed to show at least something positive and increase revenue streams.... At these prices WTV should be a good buy but I'm sure thats what others thought when they handed over 3p a share....
BIZPACK
- 20 Mar 2007 08:50
- 200 of 251
Explosive big news on its way in April. Very positive for sp.
BIZPACK
- 20 Mar 2007 08:50
- 201 of 251
Explosive big news on its way in April. Very positive for sp.
skyhigh
- 20 Mar 2007 09:17
- 202 of 251
be nice..looking foward to it!
explosive
- 20 Mar 2007 19:26
- 203 of 251
Lets hope its a good contract win to increase order book
explosive
- 26 Mar 2007 19:41
- 204 of 251
What ever happened to the trading update in February??
BIZPACK
- 04 Apr 2007 20:36
- 205 of 251
They provided one explosive if you check the website.Not that it was anything to get excited about.
It hit a new low today. This has been so disappointing to so many for so long but brighter things are just around the corner as I said a short while ago.
End of Tax Year was being waited for before delivery of the goods.
Global Nomad
- 04 Apr 2007 20:58
- 206 of 251
I hope you're right
skyhigh
- 05 Apr 2007 07:34
- 207 of 251
may be brighter things just around the corner..but for now and the next few weeks it's still grim isn't it !
BIZPACK
- 09 Apr 2007 19:10
- 208 of 251
The countdown clock has started and we will now see this start to rise on the back of good pr and better news this month skyhigh.
BIZPACK
- 12 Apr 2007 20:15
- 209 of 251
Big global contract win announced yesterday but not to the market and they are going to introduce a full cellcast service soon.
explosive
- 12 Apr 2007 20:38
- 210 of 251
11.04.07
World Television is delighted to have won a global tender to provide webcasting services to Heineken, one of the worlds leading international brewers. From the initial meeting in October 2006, World Television beat a number of other big industry names to win the preferred supplier status for webcasting contract as a result of excellent recommendation from existing clients. The Heineken webcasts are a mixture of audio and video format with a number more scheduled for their financial presentations for the rest of the year.
BIZPACK
- 13 Apr 2007 18:10
- 211 of 251
Fair number of late trade buys on the 12 april and a few buys moved it up today.
This is the leakage of the good news to come I think.As most have an average of over 1.5p it should move up pretty fast when the good news arrives.
Jim Hall is the man responsible I hear.
BIZPACK
- 16 Apr 2007 20:24
- 212 of 251
Today was the first real move back up, setting a new chart direction,this will continue as sentiment around the stock improves on the back of Jim`s work.
BIZPACK
- 17 Apr 2007 19:38
- 213 of 251
Up again today and where are you all?
This will go all the way to 1p
explosive
- 17 Apr 2007 19:46
- 214 of 251
Still here Bizpack, your just beating me to the posts at the moment, PRNewswire should release something soon I think.
skyhigh
- 18 Apr 2007 07:17
- 215 of 251
for me, and a lot of others, it needs to get back to 3p+ before we're interested again !
explosive
- 19 Apr 2007 21:16
- 216 of 251
At three pence I'm gone with a very nice profit. This thread could well be arund for some time then..
BIZPACK
- 23 Apr 2007 20:35
- 217 of 251
One million buy today explosive.News must be leaking before Thursdays results.
A good time to average down for those like skyhigh
BIZPACK
- 24 Apr 2007 17:36
- 218 of 251
In early for the football tonight but this is about to keep sparkling,breaking through the .5 level tomorrow if one looks at the chart explosive.
Global Nomad
- 24 Apr 2007 20:27
- 219 of 251
I am also looking at averaging down when there seems to be a more fundemental shift, looks like that is coming/here....can it be sustained?
explosive
- 24 Apr 2007 20:31
- 220 of 251
21 Day Chart with Bolinger Brands does suggest the stock is testing the market. For me though I see no reason why we shouldn't return back to the 65 resistance level.
BIZPACK
- 25 Apr 2007 20:30
- 221 of 251
Those with profits sold today explosive but the news tomorrow should test that resistance level and break it not long after.
skyhigh
- 26 Apr 2007 07:15
- 222 of 251
It's broken ! I give up !
Global Nomad
- 26 Apr 2007 07:47
- 223 of 251
the end is nigh.................
If they cancel the aim quote does that mean they will buy up the shares or will we continue to own shares that can only be traded privately?
skyhigh
- 26 Apr 2007 10:31
- 224 of 251
Grim isn't it !..
Lesson learnt.. a few yrs ago when it hit 6.5p (when it was VTB) I sold half my holding at about 150% profit and ran the rest ! I should have sold the lot... not worth selling now as it's worth so little..!
Global Nomad
- 26 Apr 2007 11:34
- 225 of 251
got myself 300 out this morning from 5k investment in VTB. could have had 500 a day or two back....is this really what bizpack was suggesting?
Global Nomad
- 26 Apr 2007 16:38
- 227 of 251
if you like loosing money you should have bought them!!
GGekkko
- 26 Apr 2007 18:02
- 228 of 251
would any PI's who can pledge support to an action group with good evidence please email names and holdings to wtvaction@gmail.com
thanks
more details are found on advfn.com
the SAG is being managed by Peter Hagerty an ex 3% holder with significant market experience, he believes there is a case, as many others do
BIZPACK
- 26 Apr 2007 20:38
- 229 of 251
I have just watched the webcast from the company having looked through the results. How can they get away with this, first they dilute everyone having admitted they have received offers for the company that must have been above the share price that it stood at this morning.
Mine are not worth a light at this price, just as it seems the business is doing well and about to turn a PBT. It seems they have paid the two directors to step down, then they used that money to cover that loan note rip off a few months ago.
It`s not a lot of money to some but a fair amount to me that I have as good as lost because of this.
Can you give us more details here please GGekkko, as I always found that advfn.com had far to many posts to filler through to find anything important.
GGekkko
- 27 Apr 2007 08:51
- 230 of 251
biz and any other holders, no matter how small
email wtvaction@gmail.com with your name and holding, how they are held (certificate, broker)
we are collecting a base of those willing to support before taking forward a course of action, its important first that the level of support is established though
this may include action towards the issue at 3.25p where that cash was supposed to be allocated to acquisitions
BIZPACK
- 28 Apr 2007 16:49
- 231 of 251
Thank you GGekkko. I hope you manage to get a huge level of support for you action against this corporate action.
I will put an order in tomorrow to support the action group regardless of the price I have to pay. The CP may even sell it to the Action group, if you get sufficent investors willing to take action, even though the CP will get rich because of it.
I hope the press follow this up BIG TIME.
All investors should help with this to help set a standard with AIM company`s
Out the Board.
GGekkko
- 29 Apr 2007 09:50
- 232 of 251
thanks biz
please help further if you can by spreading the word
gg
explosive
- 30 Apr 2007 19:51
- 233 of 251
RNS Number:7699V
World Television Group PLC
30 April 2007
World Television Group plc ('World Television' or 'the Company')
30 April 2007
Allotment of Shares
World Television announced on 26 April 2007 that holders of the 2007 Convertible
Loan Notes had given formal notice to the Company to convert all the Loan Notes
into 900,000,000 ordinary shares of 0.1p each in the capital of the Company.
World Television confirms that it allotted all these shares on Friday 27 April.
The persons to whom these shares have been allotted, and details of their
holdings post allotment, are set out below.
Name Shares allotted Resultant Holding %
Mr P Sibley 99,453,200 213,587,690 12.81
Mr A Booth 99,453,200 213,587,689 12.81
Mr R Newman 224,871,200 231,684,669 13.90
Archdream Limited 224,871,200 307,343,996 18.44
Arvon Limited 81,081,200 98,443,894 5.90
Mr A Bartlett 81,081,200 89,762,547 5.38
Mr S Ozturk 40,540,000 40,540,000 2.43
Mr N Walker 24,324,400 26,841,991 1.61
Mr C Weinburg 24,324,400 24,324,400 1.46
Messrs Sibley, Booth and Bartlett are directors of the Company.
Application has been made for the shares to be admitted to trading on AIM, which
is expected to take place on Friday 4 May. Following this allotment the Company
has 1,667,052,040 shares in issue.
Enquiries:
Steve Garvey
Evelyn Kimber
explosive
- 30 Apr 2007 20:03
- 234 of 251
I'm gonna hold my shares and GGekkko you'll get no support on the wtvaction@gmail.com site from me... I don't want some idiot broker calling me up and advising me to sell like whats been reported already.
Does this conversion really surprise anyone? Think we all knew it would happen. Regarding AIM I'll wait and see.
GGekkko
- 01 May 2007 22:39
- 235 of 251
exp thanks for your support
keep the chat going on the new site when you are in as well as these other boards
if you can bring anyone else across, fantastic
BIZPACK
- 02 May 2007 20:51
- 236 of 251
Just wanted to bring this to others attention and to the top of the board.
Others should take note of what has happened here and give thier support to this action group.
It could happen to you.
BIZPACK
- 04 May 2007 20:47
- 237 of 251
I have just looked over on advfn.com following those larger trades today and I noticed, unlike other SAG`s this one seems to be working away without in-fighting or emotion playing a part.
It would do the market credit if this one were to be successfull, as unlike most they seem to have the leadership together with the rank and file behind them, in addition to a large player that I could possibley be able to fund any action the group desire.
GGekkko
- 10 May 2007 12:39
- 238 of 251
thanks bizpack
indeed the group is very organised and there is some real expertise on board
the evidence being collected is weighty and we believe there is a fantastic case to support our cause
www.wtvaction.org
BIZPACK
- 11 May 2007 19:50
- 239 of 251
Good website ggekkko what you need is a news story to put it in the public eye.
Do you think the action group supporters are the buyers today?
GGekkko
- 06 Jun 2007 20:05
- 240 of 251
hello biz, sorry not posted for some time, been very busy along with the other SAG team
good result today, and we did get our news story!
keep spreading the word, and please support with your vote, we are not done yet
www.wtvaction.org
GGekkko
- 20 Jun 2007 09:02
- 241 of 251
From advfn regarding todays RNS
euro99 - 20 Jun'07 - 08:01 - 2991 of 2992
Quite interesting this.
The panel phoned me last night to tell me of the ruling, and to ask that details were not released on message boards or communicated to the press pending our appeal. Since we had already given written notice of our intention to appeal the ruling and discussed this on several occasions with the panel executive (it may surprise you, but as we understand it the panel itself has not yet met to consider this - only the "executive" to reconsider their own actions), we agreed to this and kept all discussions with the panel confidential in order to prevent misleading releases to shareholders.
For the record the panel also told me last night that releases made by the company were "wrong" and made "without the consent of the panel" - ie. the releases saying that conversion of shares would require the majority consent of independent shareholders. This will now be the subject of legal action by the shareholders, subject to the decision of the Action Group committee.
We advised the panel that we would continue to deal with them confidentially on condition that the company respected the same rules and no announcement was made that would or could mislead the market.
So, for the record THERE HAS NOT YET BEEN A FORMAL PANEL HEARING - which we REQUESTED IN WRITING ON 1st MAY. There will be an appeal, and until the appeal is heard properly (and we are going to request that it is heard in public) the announcement by the company is STILL SUBJECT TO BEING CHANGED, just as it has been once already.
BIZPACK
- 20 Jun 2007 22:32
- 242 of 251
It is good to see someone standing up for small investors at long last.
Good Luck.
Clocktower
- 20 Mar 2008 14:14
- 243 of 251
Although this has been delisted against the wishes of the SAG and majority of the minority of stakeholders - the recent releases on the company website do show it is trading profitable and holdrs have the full year figures at the end of April to look forward too.
With luck, the CP will find a buyer at the price they want before to long that will allow the huge number of small investors to release thier investment at a decent price. i.e. not less than 1p.
At present this can only be traded through JP Jenkins matched bargain basis that clearly does not address the liquidity problems that PI`s complain about.
Clocktower
- 22 Apr 2008 13:00
- 244 of 251
The company are due to present full year fugures 28/04/08 and give a webcast that should address some investor concerns with luck.
The last Trading Statement was positive with a forecast PBT for the first time for some years with good growth prospects.
So, for those that are locked in because of the de-listing, hopefully some better news.
Clocktower
- 27 Jul 2009 14:09
- 245 of 251
De-listed this is - but profits are forecast for H1 2009 - hopefully a trade sale will not be to far away for those locked in and unable to trade thier shares.
maestro
- 27 Jul 2009 23:37
- 246 of 251
abit like getmapping plc...this delisted in 2004 but been told could be bought out very soon...all we need now is fuckin ronson plc to be bought out and i may get some of my fuckin 15 k back
Clocktower
- 08 Mar 2011 14:58
- 247 of 251
maestro - the wait goes on but at least they are still around and seem to still be able to pick up work from the likes of BP - ESA - and numerous other leading brands. Hopefully there will be sale of the company - if and when they start showing profits, or and RTO to see it re-listed at the least.
Clocktower
- 31 Mar 2011 11:30
- 248 of 251
Although de-listed they are supposed to issue a TS today. Anyone here still in WTV.
skinny
- 31 Mar 2011 11:39
- 249 of 251
Why not email them info@world-television.com or better still, phone them 0207 243 7350
Clocktower
- 24 Apr 2012 16:10
- 250 of 251
Over a year since any post about WTV but are due to issue a trading statement around this time and give some details of 2011 FY before finial figures.
They had a good FH, so the year should have ended on a positive note.
However, when I last looked to see if any trades had taken place through J P Jenkins there were none.
It would be good to see a RTO and get them back on the market.
Clocktower
- 21 Jun 2012 11:30
- 251 of 251
AGM on 27th June - Profit of £100k for FY 2011. More positive outlook for the company it would seem.
Anyone going?
Any holders that are unable to attend that have any questions they would like asked, please post them here?