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

VTB looks like a good business that is out of favour because people are looking at charts instead of the business.

There are several problems with the business that may be affecting the share price. They have had a number of cash calls. The dilutionary effects have caused the price to drop each time.

They are busy buying companies at a fast rate. The integration of these business will take up a lot of their time and resources. The new parts of the company may well contribute good profit in the long term. At the moment there is no way of knowing this and it makes the company very difficult to value.

In takeover deals the company being taken over usually goes up in price and the company doing the taking over usually goes down as the results is unknpwn and the market does not like uncertainty. This is not a hard and fast rule, but applies in most cases.

The recent results were not very good, but because of the cash call and the recent takeovers the company may be different now. It all adds up to uncertainty and a lack of financial data to value the company on.

You also need to consider that the market that they are in is a very fragile one. Streaming media for company reports etc. may not turn out to be a long term viable business model. That type of thing could just as easily be done by companies in-house. It is also a business that is very prone to price competition with smaller media production companies undercutting them. It is exactly the sort of thing that PR companies may get into. It could also interest promotion companies and advertising agencies.

There is very little information about the churn rate of customers, the cost of acquiring new customers or the lifetime value of a customer. It may turn out that much of the business is not very profitable.

This is still heading down. My target of 2.5p or less is pretty close now.

Haystack

I disagree about the results & their takeover strategy looks good to me, that is what they needed the cash for.

Due to the takeovers, the dilution is in voting not in value because the shareholders now own a smaller proportion of a bigger company.

I only hold a tiny amount but I do hope they do go down further, I'm looking for the bottom so that I can get a lot more at a good price.

apple
You misunderstand me. I am not complaining about their takeover startegy. I am saying that at present the market cannot value the company due to the rapid rate of takeovers and the lack of information of how well the integration is going. I am offering it as a partial explanation of the price weakness. This is not to say that the price may not rise and the business may make good financial progress.

Yep Haystack, it's always difficult value a company with the info that we get but if it was all out there already then we would be too late & there wouldn't be so much upside or downside to gamble on.

We call it investing but of course it's really gambling.

Unfortunately, the price has recovered from this morning's dip so if that was the bottom then I've missed my chance.

SueHelen - 09 Jun'04 - 11:43 - 138 of 145


From ADVFN : With Regards to Haystack.

"It's the general tone of your posts lately that shows youre getting rattled. Why should you get so hot and bothered is beyound me. You don't even hold the stock, nor do you short it. I doubt it you trade any stock, just a sad simpleton who has nothing better to do that haunt multiple boards with the same old tripe. But if it makes you happy and contended then carry on".

Doesn't say much about his personality....


Well, as a shareholder i for one like to hear an opposing view, so cheers to Haystack. Posting the above out of the blue doesn't say much for the authors personality or yours for that matter.

Over at ADVFN at around midday a load of emails were sent to the AIM to complain about the manipulation of VTB by MM's. At this very same time Haystack, NickB and all the other (or the same one) derampers stopped posting, and I see Hyastack stopped on here as well at 12:21pm. Now that is very very interesting.

It was taken the MM's tried a big shake yesterday and failed, they are very short on stock is the opinion and an expected 8% up this morning with a good RNS to follow today or next week.

DYOR.

barnyman
I stopped posting on VTB as there was not much to say about it. You may also notice that the post on here was the last post for a long time so there was nothing to reply to. I see you are part of the population that believes in consiracy thories.

Do you also believe that the US did not actually go to the moon? LOL.


Where is this 8% up that you predict? And where are the trades for VTB? There has only been about 3,000 worth of trades today. It looks more like a complete lack of interest in VTB.

My opinion on VTB has not changed and I think it will be going down.

Haystack, you do know that VTB has potential, you are playing the game, posting the negative sides to get in at cheaper prices ahead of a pickup, if you were not you would not have such an interest in VTB. All thats happening now is that you are against the people who have brought in already, they want stability and an up, and you want the price down. Its a fair game to play, hindsight is a wonderful thing, you will no doubt miss the bottom with this one as I am sure EVO will blast it up quickly when they want it up.

I'm from the old school, there was, once upon a time a method whereby the market makers if SHORT of stock would RAISE the price to encourage selling not LOWER the price to induce buying

so whats changed in these modern times ??

The markets are low (almost all equities are down) but it goes up it carries them up too. This will reach its 6p before xmas on this basis.

barnymam
No. I have no interest in buying VTB.

Trix77
I think that they still do raise prices to generate sellers. It depends on the market mood at the time.

xmortal
There is no guarantee that a rising marrket will lift VTB by any more than any other share. In fact it may lift it less. In other words it still matters which company you are invested in.

True but it was lifted before and i should be more reason to be lifted again since the company is in better position now. Investors recognised this eventually. The company is in good track now, companies are cutting down operating costs and this enhances the posibilities for VTB to make living out of that.

Too many unknowns now for VTB in the short/medium term. There has been some major share dilution and several acquisitions which are unproven yet. The market does not like uncertainty. There is no way to value this at present. This should remanin weak for a fewmonths to come.

Haystack, it all depends on the markets, should the price of oil go down, combined with the June 30th handover or Iraq going well, the whole market may get a big boost - you do not know - I do not know - does anyone know ? To difficult to call.

And, by saying too many uncertains with VTB, yes this has its downside, but also its upside, you are only looking negative, what happens if every one of those "uncertainties" is going great - wow what a boost - 6p again.

Just face it, you do not know, but are posting only the negatives - fine - thats your choice, but why battle day in day out on here and advfn, if you have no interest in the share - you really are strange. If you have no interest post it once, then go away for a month and post again, once.

barnyman
Why does it bother you if I post regularly on this stock?

It is the uncertainties that are keeping the price down. If the uncertainties are removed and the answers are good then the price may well rise. The current position is that there are too many unknowns and the price may well stay down or go lower.

Virtue Broadcasting PLC
14 June 2004


VIRTUE BROADCASTING PLC

14 JUNE 2004

NOTIFICATION OF MAJOR INTEREST IN SHARES

Virtue Broadcasting plc received notification today that, as a result of the
acquisition of 1,000,000 ordinary shares in the placing announced on 5 May 2004,
Mr S Campbell, and companies in which Mr Campbell has an interest, is interested
in 9,976,885 ordinary shares in the Company, representing 3.19 per cent of the
issued share capital.

ENDS

Who is this Campbell guy?

Could be Haystack in disguise - picking up good shares on the cheap...