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

This RNS is not mentioned on the quote page

so MoneyAM please fix it.



RNS Number:2591X
Virtue Broadcasting PLC
02 April 2004


Embargoed Release: 07:00hrs 2nd April 2004


Virtue Broadcasting Plc
("Virtue" or "the group")

Launch of New Brand


Virtue Broadcasting plc is today pleased to announce the launch of its new brand
'Virtue Communications'. Comprising of the three leading companies in the
European and Asia Pacific Corporate Communications Market, 'Virtue
Communications' will be the world's only truly global webcasting entity.

'Virtue Communications' comprises of the three integrated trading entities of
Virtue Corporate Services, Unit.Net and Kamera Communications and is the
foremost provider of International Online Corporate Communications Solutions.
Following what has been a challenging integration process the new combined
entity brings to the group significant improvements to operating costs, a
scalable platform and an international online corporate communications offering.

New Product Launch

As an intrinsic part of the groups international offering Virtue is also pleased
to announce that in April it will be rolling out its new product "Creator". "
Creator" is an innovative and powerfulwebcast self-publishing tool that enables
customers to use webcasting as daily corporate communications solution.
Creators ease-of-use and cost-effectiveness makes it the ideal solution for
large multinational corporations looking for quick and efficient roll out across
multiple locations on a global basis.

Klaus Ackerstaff, Chief Executive, commented:

"It has always been our intention to build Virtue Broadcasting into the most
innovative and high-quality online corporate communications group. The
successful integration of our recent acquisitions is testament to our ability to
achieve this. The decision to integrate the three entities in to a single
offering was largely driven by increasing market demand as more and more
companies found themselves in need of a combined international communications
solution.

We consider ourselves to be our clients trusted partner of choice and we intend
to continue our innovative approach by reacting to their evolving needs. As a
result we fully envisage ourselves carrying out further integration of other
forms of online communication to complement the current Product Service Offering
as and when market demand warrants it."

Thanks for posting this.I was wondering why there was so much interest in this share this morning...my stockwatch did not show up the news symbol and for that matter still isnt ....this share is still very cheap as it hasnt had a good run of late

janesteve, glad it was useful

It's still not showing up on MoneyAM though.

I hear that VTB are in IC this week...Whats the story?

Bizpack - yes it's tipped in IC today as a top ten "penny share". V good write-up.

Don't forget the EGM 20 April 2004

IC Tip 8/4/04

Virtue Broadcasting

Nature of business: Corporate communications

Share price: 4.25p

Market cap: 10m

Market: Aim

Acquisition-hungry Virtue Broadcasting has recently undertaken a raft of corporate deals. Specialising in the provision of online corporate communications to large blue-chip companies, the group announced its third acquisition in eight months at the turn of the year and it's unlikely to stop there.

Acquisitions to date include BigStream, Unit.Net and, most recently, Sweden-based Kamara. As well as cost savings that have trimmed the headcount by 40 per cent to around 50 staff, these deals have brought contracts with ABN Amro, Credit Suisse, Nokia, AstraZeneca and the Stockholm Stock Exchange.

More recently, contract wins with PC World, BP and large Spanish banking groups including Santander Central Hispano, BBVA and Banco Popular have further expanded its client base. A recent compromise agreement with the liquidators of Tornado Entertainment, its former subsidiary, has resulted in an exceptional income of 100,000 that should boost results for the year ending 31 December 2003. Interim results confirmed sales ahead by 133 per cent to 600,000 and reduced losses of 700,000 (down from 4.2m). House broker Brewin Dolphin expects a swing to profits this year.

An extraordinary meeting to seek shareholder approval for the further issue of equity, plus recent director share-buying, indicates there's more to come from Virtue. And its rapid emergence as the largest player in a fragmented European corporate communications market could make Virtue a takeover target for a media giant.

http://www.lemminginvestor.com/AprilRNSQuickReadupdates.html

Up 13.8% in the 1st 15 minutes today!

Trading Overview

The Board of Virtue Broadcasting Plc, Europe's leading online corporate
communications Group, today is proud to announce that consistent with its
consolidation strategy, the first quarter of 2004 has been a record quarter both
in terms of the value of new orders received and the number of webcasts hosted.

In particular, the Board is pleased that, in addition to revenues contributed
from the recent acquisitions of Unit.Net and Kamera Holdings in the first
quarter, the enlarged Group has won business from over 40 new clients, including
Pernod Ricard, Carl Zeiss, Repsol, Alliance & Leicester and Ramco Systems, both
through direct and reseller channels.

Further, the Board confirms that it expects to release its Final Results for the
Year Ended 31 December 2003 on 24 May 2004. As previously stated the Board
expects these results to be in line with expectations.

Looking good ! Good time to top up.. Will continue to rise up to the results (IMHO) :)

has come back a bit with a bit of profit taking...this share is still so cheap...and it hasnt brought out any bad news at all

That trading statement was extremely positive - obviously a very good first quarter and lots of new clients. My impression is that Webcasting is really beginning to gather momentum.

The newsflow with the upcoming EGM and then the final results will help the share price.

20/04/04 12:56 Result of EGM RNS

barnymam

It looks good to me.

virtues just anounced a placing at 3.25 raising 3.1 million

A lot of buys going thu it must go blue shortly

quite a bit of buying going on with this company....does anyone know why other than it is cheap and perhaps people are starting to realise

It is cheap IMHO, with the price drop following the recent fund raising (3m at 3.25p). So much has happened to VTB in the last year that the market has no real feel for what its value may be. The picture will be much clearer on publication of year end results on 24 May. Bear in mind that the share price jumped to 6p on the recent trading update in March. Also since then they have announced a record quarter for Q1 2004

My hunch is that after 24 May we won't see these prices (buy at 3.7p) again. Longer term it obviously depends on the earnings prospects. They really need to break even for 2005 - the results will give a steer and no doubt their broker Brewin Dolphin will be putting out an update.

I have just topped up today. DYOR, it's a very volatile stock but I have tucked it away for the long term because if management gets it right it's a multi-bagger.

i agree with your points and feel it is a very good buy....with over 5 million buys going through the price must go up sooner rather than later

I also think VTB are an exciting opportunity. I know demand is not the only factor but yet again today we have an exceptional number of buys going through with no increase in price?

Something's going on - cum vol of 9.3m shares traded today by 1pm. That's over 4% of the share cap. Nearly 8m buys.
Watch this space!