Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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

apple - 06 Jul 2004 11:53 - 215 of 276

Thanks SueHelen.

Nice to see yesterday's gains holding.

There was a dip but back up again now.

skyhigh - 07 Jul 2004 09:05 - 216 of 276

Well that little rally was short-lived wasn't it ?!
What happens now ?

apple - 07 Jul 2004 11:12 - 217 of 276

skyhigh

We are still well up on where we were last week.

Hopefully just a partial retracement of such a big move.

iajohns - 07 Jul 2004 19:59 - 218 of 276

The traders have been shaken out, the MMs have pulled back some stock that is what I see. During the whole day the spread between bid/offer was very tight usually an indication that the MMs are trying to attract sellers then they drop the selling price to 3p once they've accumulated the stock they require. That is what it looks like to me, however, situations change from day to day so we just have to see. I'll be holding tight until the results unless something dramatic occurs before then.

BIZPACK - 08 Jul 2004 13:07 - 219 of 276

I do not post very often but a rumour has reached me that a mega deal is being done by the company that is due to be announced within weeks.

Anyone know anything?

apple - 09 Jul 2004 16:20 - 220 of 276

BIZPACK

You should read the previous messages.

There was a mention in the Independent.

Here is the link again

Independent

xmortal - 09 Jul 2004 17:13 - 221 of 276

what would the deal be? any specs?

iajohns - 10 Jul 2004 12:23 - 222 of 276

VTB -
Interview with CEO...

http://www.wallstreetreporter.com/profiles/Virtue-Communications.html

apple - 10 Jul 2004 21:18 - 223 of 276

Clickable Version Of the link

http://www.wallstreetreporter.com/profiles/Virtue-Communications.html

BTW
Can anyone get this to play?

What did he say?

jmayell - 11 Jul 2004 20:49 - 224 of 276

Nothing new i'm afraid other than VTB need to expand thier product portfolio in order to take full advantage of thier large blue chip client base.

BIZPACK - 12 Jul 2004 21:00 - 225 of 276

Rumours flying all over the place on this. I will be buying in the morning.

The rumour that made me want to add, suggests that a big deal has been done that will more than double the size of the company. Wed, is the day I am told.

Good luck

skyhigh - 13 Jul 2004 08:31 - 226 of 276

Hope you're right and the share price more than doubles as well !

BIZPACK - 14 Jul 2004 10:40 - 227 of 276

I am concerned that there has not been more buying on this rumour as it must be flying around the city by now. I hope it is correct.

The rumour I picked up on was that a bid was being made for Virtue by a company in Oz.

Anyone know anything, if not I may just cut and run if no news by tomorrow.

BIZPACK - 15 Jul 2004 13:47 - 228 of 276

I got rid of this dead dog today. Rumours were a ramp by the looks of it.

skyhigh - 15 Jul 2004 14:29 - 229 of 276

Looks as though you're right but.... there was a bit in the press a few weeks ago about a rumour,, wouldn't surprise me if this takes us all by surprise & comes good in the next week or two, I might top up again if it drops to 3p-ish in the short term. -- wouldn't want to be out of this one whe she rockets skyhigh !

barnymam - 22 Jul 2004 07:29 - 230 of 276

Virtue Broadcasting PLC
22 July 2004


Embargoed Release: 07:00hrs Thursday 22nd July 2004


Virtue Broadcasting Plc
('the Company')

Agreement


Virtue Broadcasting Plc is pleased to announce that it has reached an agreement
to surrender the property lease of its former head office, Tornado House,
Marlow, which is currently unoccupied. Under the agreement the Company has made
a net cash saving of 805,000 compared to its obligations under the lease over
the next two and a half years.

The Company has agreed to pay Comland Management Limited ('the Landlord') a
surrender premium of 495,000 net of VAT in addition to related expenses and
reinstatement costs of 110,000. As part of the settlement the Company will
utilise a 318,000 secured rent deposit held in favour of the Landlord
previously fully written off in the Company's 2002 accounts. Therefore, the net
additional cash payment will be 287,000.

In consideration of the surrender premium the Company will avoid paying
approximately 1.4 million of rent, service charge, lease termination payments,
reinstatement costs and running costs over the next two and a half years.

The Company made full provision for the expected costs arising under the lease
in its 2002 accounts.

- ENDS -


For more information contact:

James Ormondroyd, Finance Director
Tel: +44 (0) 20 7785 6000
Email:
investorrelations@virtuebroadcasting.com

apple - 22 Jul 2004 10:17 - 231 of 276

Yep barnymam, but why revive the other 2 threads as well?

Anyway the main point is

Under the agreement the Company has made
a net cash saving of 805,000 compared to its obligations under the lease over
the next two and a half years.

Which is useful when the market cap is only about 11.5Million.

apple - 22 Jul 2004 14:25 - 232 of 276

UP 10.3%

Was up about 20% at one stage.

skyhigh - 22 Jul 2004 14:35 - 233 of 276

Not brilliant but I suppose not bad iether considering the stock market falls :)

Mega Bucks - 22 Jul 2004 23:24 - 234 of 276

apple don't you mean 11.5million
Register now or login to post to this thread.