PRICE 0.50-0.70 PENCE: 06/10/2005

Check out http://www.cheerfulscout.com

Nvision:http://www.nvisiontec.com/

You will see just how serious the company is too, there are some excellent demo's of the work they have recently carried out. The "Spooks" trailer is fantastic.

Website is Very Impressive.

They are operating in an 'explosive' market right now - DVD's are everywhere and you can pick the players up for under 40. As well as all the latest films being released simultaneously on video & DVD, there is also a constant stream (sorry, flood!) of older films & TV shows being released on DVD (Nov03 for all you 'Indy' fans!). This means that there is a lot of scope for CLS to win commissions for DVD menus.

Clients:

Voted one of the top video makers by Televisual Magazine. Cheerful has an excellent reputation for creative, effective, award winning programmes and our clients include Allen & Overy, BBC, BHS, BP, B&Q, BT, Bank of England, British Airways, Cable & Wireless, Channel 4, Deliotte, Flymo, Freeserve, Getronics, HSBC, Hotel Inter Continental, ITV, Lloyds TSB, London Underground, MGM, Marks & Spencer, Mothercare, NCR, Nortel, Nokia, RNIB, Railtrack, Right Entertainment, Safeway, Sega, St John's Ambulance, Standard Chartered, Storehouse Group, Technicolor, T-Mobile, Vauxhall Motors, Visa and Woolworths.

Recent Industry Award Win:

Industry Awards

RNS Number:8816K
Cheerful Scout PLC
11 April 2005


Cheerful Scout Plc / Epic: CLS / Index: AIM / Sector: Media

11th April 2005

CHEERFUL SCOUT PLC ('Cheerful' or 'the Company')
GOLD AND BRONZE

Cheerful Scout Plc, the AIM listed multi media specialist, won both gold and
bronze awards at the annual ceremony held by the International Visual
Communication Association ('IVCA'), the professional body for companies using
film, video, interactive media and live events as part of the communication
process.

Attended by leading people from the #3 billion industry, the IVCA awards are
designed to celebrate the high achievers in the field. Cheerful collected a gold
award in the Events and Public Display category for its work with a leading
management consultancy, and bronze award in the Best Animation and Special
Effects category for its work with Deloitte.

Peter Litten, Creative Director of Cheerful Scout, said: "Its an honour to be
acknowledged for the work we do by such a prestigious orgnaisation. We remain
focused on providing cutting edge creative work and are delighted to receive the
two awards, especially in view of the high quality work we were competing
against."

Cheerful has two key divisions: DVD for the retail sector; and corporate
communications, producing programmes for blue-chip clients. It recently launched
a new product - nVision Presenter - a high-end presentation tool, which delivers
real-time 3D graphics and provides a widescreen platform that brings together
all manner of visual media on one 'virtual stage'. A second nVision project -
nVision Strategy - is due to be launched later this year.

05.04.2005: Cheerful Scout raises 525,000 stg via 50 mln share placing

LONDON (AFX) - Cheerful Scout PLC, an AIM-listed media group, said it raised
525,000 stg before expenses through the placing of 50 mln new shares at 1.05
pence a share.
It will use the proceeds to fund sales and marketing of its new product,
nVision Presenter and to further develop its nVision Strategy product.

24.11.2004: Cheerful Scout was advised today that Stuart Appleton, Non-executive Chairman of
the Company, had purchased 250,000 ordinary shares in the Company ("Ordinary
Shares") on 24 November 2004 at 1.1p per share.

Following the acquisition referred to above, Stuart Appleton now has an
interest in 3,308,000 Ordinary Shares, representing 1.9 per cent. of the share
capital of the Company.

Contact Information:

25 - 27 Riding House Street
London W1W 7DU
United Kingdom
Tel: +44 (0)20 7291 0444
Fax: +44 (0)20 7291 0445
Email: info@cheerfulscout.com

6 MONTH CHART:



1 YEAR CHART:



3 YEAR CHART:

Morning PapalPower...thankyou for your thoughts on CLS.

With regards to BSP...as you might be aware...I was heavily buying at 0.30-0.50 pence prices...have a thread somewhere here as well....I sold my holdings at prices of 1.20-1.30 pence which was roughly my target prices.

I would have thought the company wil be in better position financially now as well especially after raising 525,000 pounds via a placing of 50 million shares at 1.05 pence back in April 2005 shortly after the release of the Interims in March 2005.

The proceeds were going to be used to fund sales and marketing of its new product, nVision Presenter and to further develop its nVision Strategy product.

Overview from Interims in March 2005

* Turnover more than doubled to #512,343 (2003: #252,142)
* EBITDA loss of #7,868 (2003: loss of #89,683)
* Core business profitable
* New blue-chip clients signed up across all divisions
* Company now on Government tender lists
* nVision Presenter launched and begins to make breakthrough
* Ongoing product development with a second nVision product to be launched
later this year

-------------------------------------------------------------------------------

The company had 405,463 at the Interims in March 2005 and raised 525,000 thereafter.

I think the finals will come in good financially as well as be positive.

SueHelen the financially not good was referring to the profit or loss (their cash position should be ok depending how much they spent with the new nVision version that is not released yet ?). I expect them (right or wrong) to post a full year loss but they should be able to go into profit (if nVision does well) at interims 05/06.

A nice recovery play when it happens but the question is now or 05/06 int/pre

Aaaahhhh got ya.....

I think as along as CLS shows that they are making significant progress with trading compared to the previous year's corresponding period then that should be sufficient to show that these are well undervalued at anything below 1.00-1.25 pence.

From Interims in March 2005:

Cheerful Scout H1 pretax loss 133,886 stg vs loss 229,270

LONDON (AFX) - Cheerful Scout PLC six months to Dec 31 2004
Sales - 512,343 stg vs 252,142
EBITDA loss - 7,868 stg vs loss 89,683
Pretax loss - 133,886 stg vs loss 229,270
Loss per share - 0.0687 pence vs LPS 0.1292

So make actually make a very small full year profit considering how the pre-tax loss figure.

It's all about sentiment with small caps and figures showing improvement such as turnover up and positive outlook will be the key. Some news on the second nVision project - nVision Strategy - which is due to be launched later this year would be welcomed.

Goodluck with your BSP holding PapalPower.

The two paragraphs that i found interesting from the AGM statement last November....

"Essentially, data can be input into nVision Presenter from any software
programme such as PowerPoint or Excel, and quickly and easily turned into a
sophisticated interactive 3D video. Unlike any other product in the market, it
has the power to render information as graphics and make last minute changes to
presentations in real time".

"In progressively competitive markets, businesses are increasingly looking at
other means to communicate complex information using advanced technology and
special effects, however these require a lot of time and expensive specialist
skills. With nVision, executive communications can finally be as visually
sophisticated as digital games and DVD's".

"Unlike any other product in the market, it has the power to render information as graphics and make last minute changes to
presentations in real time."

This is actually a very cool feature... if u go onto their website ..its not too bad.. also u can wonder why trading has significantly picked up...

http://www.cheerfulscout.com

FWIW, I agree with Papalpower on this one.

I expect that the next results will show a large cash outflow on increased R&D and marketing. Sue's view that the placing cash is just going to sit in their bank account is frankly ludicrous.

Sue has also failed to take into account that the increased equity has diluted any future earnings and the mkt cap is considerably higher than when the sp was previously at these levels.

The next accounts could well show significantly increased losses but a lot depends on how much R&D spend they write off and how much they capitalise in intangibles.

Personally, I'll wait and look at results before making any decision on this one..

All IMHO, DYOR etc,.

Rgds
dell

Typical and doesn't surprise me again dell314. You have just proved yourself for what you are.

Good news:

Chairman Stuart Appleton made the following statement:

"2005 has been an exciting year for the Company during which the business has
moved forward considerably. Our core divisions - producing DVD's for the retail
sector and corporate programmes for blue-chip clients - continue to perform well
with a number of new contract wins and a healthy pipeline of projects for 2006.
Additionally, our new nVision technology products are creating a stir in the
market and we have recently managed a number of high profile events using
nVision Presenter. As a consequence we expect turnover in the current year to be
materially ahead of last year's total."

Did say it was going to fly...

Up another 6% today.

Comfortable 50% gain enjoyed so far...don't even have to post on this one.

Hey ho derampers.

2 million and 1.70 million buys just gone through in CLS at 1.00 pence. Those buys belong to any of the derampers then ???

Same action to occur in DMR soon.

Last buy for 250,000 shares purchase price of 1.05 pence...someone had to pay a premium to the displayed offer.

hands up...who missed out because of the derampers.

Nice...another tick up on the bid and double tick up on the offer.

Blimey...double tick up on the bid.

1.00-1.10 pence....up 20% now.

So whoever bought these with me as recommended to at 0.60 pence should be very happy. Compensation claims for those missed out can be sent to the derampers mob.

ho ho ....another tick up on the offer....derampers at 0.50 pence looking rather stupid.

SH, Will you tell us when you are going to sell or have you already done so?

Typical Fred1new...o did u not buy any at 0.60 pence...I didn't have to even ramp these in your words.