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virtue broadcasting (VTB)     

janesteve - 22 Mar 2004 14:31

have we got anybody out there holding this stock or am i the only one...really like this one ...have been holding for quite a while....cant work out why it keeps going down though...hasnt brought out any bad news although like many small stocks is news driven and whilst it doesnt bring out any news it flounders a bit....but saying that it has got very cheap now ....moneyam seems to have trades wrong though....i would say theyre buying for 4.12 and selling for 4.06 at the moment but most trades appear as sells....your thoughts would be appreciated

Haystack - 08 Jun 2004 01:00 - 113 of 276

What you mean is that I have been posting negative comments about it such as:-

The falling share price.
The heavy dilution of the shares due to several cash calls in a row.
The spending spree of buying companies before the ones already bought are integrated into the company.
The rate of purchase of other companies makes VTB very difficlut to value as their results are always very different from the business at any time.

Just look at the chart. It speaks for itself.

graph.php?startDate=08%2F12%2F03&period=

xmortal - 08 Jun 2004 04:17 - 114 of 276

haystack, VTB has to be look as a long term not short term like u doing, yes the shares have suffers as so others in the same sector, it is being oversold. the spending spree can be justified as it is buying companies with a good portfolio of clients and in profit, most importantly it is creating a monopoly and getting to areas of growth. I feel this is a top up time. Give it 2 years and u'll have in double digits. If u can wait longer then sell your stake. IMHO

gemfinder - 08 Jun 2004 09:24 - 115 of 276

A major rumour doing the rounds is that Marlow property is let from August 1st. This move 1m plus across the balance sheet into positive territory. Basically its like having another placing but without any dilution. The Marketmakers obviously got wind of it and want some stock.

barnymam - 08 Jun 2004 09:25 - 116 of 276

There are a few derampers of VTB, Haystack is one on here and ADVFN.

Be aware - there could be a big buy order going through that will not come out until its complete, and the MM's are lapping up the cheap shares to fill it - (a large sell order does not have the same effect as we are seeing).

VTB is an excellent long term growth stock - BUY

gemfinder - 08 Jun 2004 09:39 - 117 of 276

Marlow rumour is also on the ADVFN website

Kayak - 08 Jun 2004 09:49 - 118 of 276

It would take a lot of courage to buy VTB at the moment given the price has halved in the past three months.

xmortal - 08 Jun 2004 10:13 - 119 of 276

A good reason to top up. there is not reason bad fundamental reason for the sale other that bulls are giving up.

Kayak - 08 Jun 2004 10:19 - 120 of 276

roflmao :-)

Haystack - 08 Jun 2004 10:41 - 121 of 276

I must remember that useful new investment rule.

"when the price has halved in the past three months it is a good reason to top up"

The good thing about these BBs is that you learn something every day.

gemfinder - 08 Jun 2004 10:55 - 122 of 276

I see you are working a few Financial sites at present.

Haystack - 08 Jun 2004 11:10 - 123 of 276

No. I thought that the word 'few' was an indication of more than 2. I have posted here and on ADVFN about VTB. There are no others sites worth posting on. I know of at least 6 others but they are a waste of time.

gemfinder - 08 Jun 2004 12:10 - 124 of 276

Haystack, definition of few:

"Being more than one but indefinitely small in number"

You seem very touchy today.

Haystack - 08 Jun 2004 12:29 - 125 of 276

No. Not at all. I just prefer accuracy and not an implication that I am posting all over the place about this. The common usage of 'few' is generally more than two.

The main thing is that I think the price is very weak for good reasons and I am expecting this drop further to around 2.5p.

gemfinder - 08 Jun 2004 12:35 - 126 of 276

But it bounced yesterday on support, thats not a weak signal!

Haystack - 08 Jun 2004 13:03 - 127 of 276

It was down yesterday, but closed one tick up off its lows for the day.

gemfinder - 08 Jun 2004 13:14 - 128 of 276

so it bounced!!

Haystack - 08 Jun 2004 13:51 - 129 of 276

I don't think that is what generally known as 'a bounce off support'.

A bounce off support is normally when a stock falls to a support level and closes at about that price. This is then followed by a close up the next day or very soon after. This is then deemed to have bounced off support. If you are using a line chart then your type of bounce is invisible and it just looks like the price went down to support as in VTB's chart.


graph.php?size=Medium&endDate=07%2F06%2F

gemfinder - 08 Jun 2004 13:55 - 130 of 276

you have not shown the tick up on the chart, the bounce!

Haystack - 08 Jun 2004 14:22 - 131 of 276

No I haven't charted the tick up today as the discussion was about that you posted earlier. Let me remind you: -

gemfinder - 08 Jun'04 - 12:35 - 125 of 129

But it bounced yesterday on support, thats not a weak signal!

...................
It doesn't look to me as though you were discussing the bounce today so I limited the chart to the close yesterday. It most certainly did NOT bounce yesterday. Just look at the chart. It did bounce off support today though. It remains to be seen if it is a real bounce and it closes up and whether it tests the support again very soon.

gemfinder - 08 Jun 2004 16:01 - 132 of 276

Ok, it bounced intraday yesterday and bounced further today. Can I have a new chart showing the intraday bounce of yesterday and todays bounce.

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