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Anyone in World Television Group????.... (WTV)     

explosive - 06 Mar 2006 21:20



World Television provides rich communications solutions to corporations, non-profit organisations and governmental institutions.

We are the global leader of webcasting and multimedia communication solutions delivering over 10,000 projects in 35 countries on 5 continents per year.

If you want to use television and the web to influence audiences, motivate employees, excite customers, change perceptions, or inform investors, our experience can help.

**************************************************************
26 May 2005 World Television Group Contract Win

World Television Group is delighted to announce that the UK Government's Foreign and Commonwealth Office has announced its intention, subject to contract, to award the British Satellite News (BSN) contract to World Television.

This contract, expected to run from October 2005, is for three years with a further two year option period. There will be an uplift in value to fund additional news story production compared with the previous contract. World Television has been providing this service for BSN under a previous contract which expires on 30 September 2005. The new contract was won against strong competition from leading broadcast news providers following a demanding tender process.

The BSN service provides daily news stories about Britain to around 440 broadcasters around the world, 5 days a week, 52 weeks a year. It is one of the world's most successful public diplomacy news services.

Jon King, Group CEO, says 'This confirms World Television as one of the premier news producers in the world. We provide the highest quality editorial and technical service for the Foreign and Commonwealth Office which meets their communication objectives and the needs of global broadcasters. Winning this major contract is testament to the talent, production excellence and hard work of our team. We look forward to the development of the BSN service in the future.'
**************************************************************
For Immediate Release 28 October 2005

World Television Group Plc ("World Television" or "the Group")

World Television Launches Expanded British Satellite News Service

World Television, the corporate communications, news production, webcasting and event management company, is pleased to announce the launch of a new expanded British Satellite News (BSN) service following the renewal of its contract with the UK Government's Foreign & Commonwealth office (FCO).

The contract, worth approximately 1.5m p.a., will run for three years from October 2005 with a further two year extension option period.
**************************************************************
For Immediate Release 16 January 2006

World Television Group Plc
('World Television' or 'the Company')

Contract Win

World Television, the international televisual communications company, is pleased to announce the award of a new 3-year contract by the European Space Agency ('ESA'), won in a competitive tender.

The contract for broadcast media relations support started on 1st January 2006 and will run to 31st December 2008. Under the contract, which is valued at 500,000 Euro over the contract period, World Television will support ESA activities around the world including satellite launches, missions of European astronauts to the International Space Station, planetary exploration and research milestones.

The Company will provide a full range of broadcast PR services which comprise strategic advice and planning, media relations distribution, monitoring and on-site support. World Television's media relations team will expand to support this contract and other client work.

Steve Garvey, CEO of World Television, said: 'We are delighted and proud to be working with the European Space Agency. The award of this contract reflects the Company's expertise in providing world-class broadcast media relations service through our international network. It adds to the growing list of international organisations that use World Television's services and makes ESA one of our most significant clients'.
**************************************************************

Taken from last interims 2006


Financial Highlights

* Group Turnover for the first 6 months 4.75m excluding other operatinh income (revenues from loss making subsidaries sold - Kamera Content and Foroso) (2005: 5.13m)
* Underlying turnover, reflecting recurring business, 4.75m (2005: 4.87m)
* EBITDA 116K (2005: 6K loss), pre-exceptionals and accounting for share options, the Groups first EBITDA positive result as a listed company.
* Operating expenses before exceptional items, accounting for share aoptions and goodwill amortisation 4.83m (2005: 5.30m)
* Write-back of 496K provision against HM Revenue and Customs (HMRC) claim.
*Profit before tax of 298K including HMRC calim write-back (2005: 352K loss)
*Cash position stabilised. Total net operating cashflow 6K (2005: (1,101)k), net cash outflow before financing 176K (2005: 1,489K)

Operational Highlights

* Rapid growth in revenue from corporate IPTV services
* Awarded 3-year contract for media relations by European Space Agency (ESA)
* Agreed partnership with PR Newswire Europe and Intercall in Australia
* Other new business wins include Central Office of Information, International Power, Siemens, Ernst & Young, Deloitte and eBay.


Trading Update


As the Company approaches its financial year end at the end of this month, the
Board reiterates its expectation made at the time of the interim results in
September that the second half of the year will experience revenue growth of
between 4% and 5% compared with 2005. The Company expects to issue more
information in its trading update in February 2007.


Convertible Loan Notes


The outstanding Loan Notes, which were issued in November 2004, fall due for
redemption at an amount of approximately 1.28 million by 31 May 2007, in the
event that the holders of these Loan Notes do not exercise the conversion rights
(into Ordinary Shares at an exercise price of 1p per share) which attach to the
Loan Notes.

The Board is actively reviewing options for resolving the Loan Notes in the best
interests of the Company and its shareholders. Further announcements will be
made as and when developments occur.


Stephen Kirk, non-executive Chairman of World Television, commented: 'I'd like
to thank Andy and Peter for their contribution as executives to World
Television's growth since they founded the company in 1991. They will continue
to offer the benefit of their experience as non-executives from the new year.
I'd also like to welcome Jim Hall to the Board and we look forward to further
developments to our technical strategy and product range under his guidance."

Brewin_research_201006.pdf
2007_CorpoateCalendar.pdf

BIZPACK - 21 Apr 2006 07:58 - 34 of 251

explosive, I admire the way you have clearly set out, to those that do not fully grasp, what PODCASTING is.

One very important point is that Microsoft have been working with WTV, if you check the http/www.world-television.com site, and dig around a little. In fact, I would not be surprised to hear more about this with results.

WTV moved up 4% yesterday, so more of the same I expect as we move to results.

explosive - 21 Apr 2006 18:13 - 35 of 251

Hi Bizpack, thanks for your post 34. Yes I was aware that WTV and Microsoft had signed a contract however haven't seen the specifics. If you have any furhter info on this could you please post for me.
Staying with Podcasting and contracts I suspect that the deal with O2 is also for Podcasting (Please note, SPECULATION on my part and not fact). Now, Apple lead the way with Podcasts, competitor to Microsoft, O2 also on board, will O2s competition Vodaphone, Orange & T-Mobile also want a slice of this for their customer base? If I remember correctly it was O2 that first took the plunge with WAP and the others followed. Will history repeat itself with Podcasting.

And finally 23.81% rise on the bid price today upto 1.22........ Wish I'd bought a few more now!!

BIZPACK - 22 Apr 2006 14:17 - 36 of 251

explosive, thats just whats going to take place on Monday with this. At least my total holding is now in profit.

I think they are very short of stock and will have to run the price up and down with a few shakes to get what they need, so I am going to hold on and not allow them to shake me out to early and miss the real profit as I have often done in the past.



I also noticed that Kamera. com did a deal in Korea and WTV still own 10% of the business and supply services to it.

It should be an exciting week, wish I could watch it and not work.

skyhigh - 22 Apr 2006 20:40 - 37 of 251

Nothing new... but... perhaps first half of2006 is going better than expected ?

"The Board believes the Company can look forward to the first half of 2006 with
confidence, especially since this period is traditionally the stronger half in
our market.

World Television expects to announce preliminary results for the year ended 31
December 2005 on Thursday 27 April 2006."

BIZPACK - 23 Apr 2006 13:33 - 38 of 251

skyhigh, you say nothing new, I think there has been a lot new since that statement but they never announced it to the market as none of the deals amounted to more than 10% of previous years turnover. Put them together and I think you will find they might add up to more than 20% increase, and maybe even more to follow.

My view is that the last broker note made it clear they were undervalued and the market is just catching up on the news before results.

I think we saw take off on Friday and expect it to reach at least 2p before results on Thursday and higher after.

I`ll try to pop in tomorrow lunch time and see how its going.

explosive - 23 Apr 2006 23:57 - 39 of 251

Almost 40% of global companies expect to boost their budget for online media in 2006 in order to communicate more effectively both internally and externally [Source: 3rd Annual IMS Enterprise Web Communications Survey].

Another thought! IBM ON DEMAND......

BIZPACK - 24 Apr 2006 14:14 - 40 of 251

Explosive, I see a fair volume has changed hands. when you consider the jump on Friday its not bad that its held onto a bit of it. Pity though there is not more interest.

explosive - 24 Apr 2006 21:27 - 41 of 251

Hi Bizpack, looks to me like the volumes have been growing everyweek. As a long term investment WTV has great potential so interest will follow slowly until the technology either is accepted as standard or a "better" is found. I'm up a nice 30% now so will need to evaluate this stock soon and think about stop losses.

BIZPACK - 25 Apr 2006 07:39 - 42 of 251

Far to early to think of that explosive, I must shoot off to work but we could see more buying in the run up to Thur.

BIZPACK - 25 Apr 2006 19:15 - 43 of 251

explosive, I see a stake of 3% has been disclosed. Impressive, before results even announced. Someone must have a lot of confidence that the outlook is positive.

I also looked at todays trades and I noticed the buys were at full ask but the offer has since dropped. The conclusion, I have come too on that, is that the market makers that have dropped the offer must be very short of stock. Sounds crazy, I know but for the sake of selling a couple of hundred thousand shares they seem to have wanted to give the false impression that they have a big seller. Well no T trades after close, so they must be hoping to pick up a bit of stock from investors that loose thier nerve but are sitting on a small profit.

Expect a bit of a shake tomorrow or a quick rise and fall to shake more stock out before the results. I`ll be surprised if they want to be short before then. I expect they will want a pretty level book.

Do you know anything about Bisson Ltd? Who are they?

explosive - 25 Apr 2006 23:07 - 44 of 251

Evening Bizpack - What a stressful day at work, actully its been pretty crap for months now so I decided to hand in my notice today! Amazing an instant feel better remedy..... Anyway back to business.

Bissons Limited or better known as bissons.com, they are an IT company in the channel islands. Take a look at www.bissons.com, this 6 year old company supplies just about everything you can think of on-line, security, domaines, hosting, data protection etc. Perfect for WTV's Podcast technology, having said that both business complement each other as WTV's media and Podcasting is an ideal way for Bissons to also get some needed market exposure. Good news today!

GGekkko - 26 Apr 2006 20:25 - 45 of 251

i think you'll find we've now turned the corner
good luck tomorrow

PapalPower - 27 Apr 2006 07:37 - 46 of 251

http://www.investegate.co.uk/article.aspx?id=20060427072000P82D9

World Television, the international webcasting and multimedia visual communications company, today announces preliminary results for the year ended 31 December 2005.


Financial highlights:

Turnover 9.6m (2004: 10.0m)

Underlying revenue growth 7%

Operating loss 0.8m (2004: 4.4m)

Pre-exceptional EBITDA loss of 37k (2004: 1.087m), ahead of market expectations

World Television and Virtue Broadcasting merger delivered a reduction in operating costs of circa 1.4m, 0.5m more than the target set by the Board


Operational highlights:

Strong growth achieved in key markets including Spain, Sweden, Australia and the UK

Disposal of two loss-making non-core businesses:

Kamera Content in March 2005 and Foroso in December 2005

British Satellite News contract extended until 2008

Secured 85 new client wins including BAA, Virgin Mobile, Toyota, O2 & Microsoft UK

Mike Neville, Chairman of World Television has decided to step down after 3 years in the role

Mike Neville, chairman of World Television commented:

"2005 was a year of considerable progress for World Television. We secured 85 new clients and delivered over 10,000 projects across 35 countries in 15 languages, more thaT ever before. We achieved substantial cost savings, well above expectations, and disposed of two loss-making businesses. At the same time we began the process of developing new digital services.
"Restructuring is now complete and I look forward to 2006 with some optimism.
Our focus will be on improving the Group's profitability, particularly at the eBITDA level, to ensure a sustainable platform for growth in shareholder value.
"I have hugely enjoyed my time as Chairman, beginning in 2003 when Virtue Broadcasting was wholly focused on webcasting, had turnover from continuing operations of approximately 0.7m and was incurring significant losses. Now the group has a solid foundation from which to develop to the next stage.
"I leave World Television in the hands of a strong management team. I would like to thank my fellow Board members and World Television's highly professional and creative people for their support and hard work."

Steve Garvey, Group CEO, commented:
"Mike has provided outstanding leadership since joining Virtue, during some very difficult times. Under his guidance the Group has grown rapidly from webcasting to providing a comprehensive range of televisual communications services. We can now build on the international market-leading business that Mike has helped to create."


Outlook for 2006

In 2006 we are focusing on further improvements in the Group's profitability, particularly at the EBITDA level, to ensure a sustainable platform for growth in shareholder value. Trading in the first quarter has been in line with our budget and market expectations, and the Directors are confident about trading prospects for the remainder of the year.
The Group's future prosperity lies in the continued development of market-leading technology combined with the creative flair needed to produce compelling and effective content. We intend to consolidate the Group's position as an international leader in IP television for our target clients, and we intend to broaden the client base further to reduce the risk of over-dependence on certain key relationships. Our product development programme underpins the Group's ability to grow internationally as we develop new markets and expand our service offering in existing markets.

Global Nomad - 27 Apr 2006 08:57 - 47 of 251

price down by some 7% this morning and I was here thinking this is a pretty positive set of results, chairman stepping down is always a bit of a downer but if the co has turned a corner and restructured succesfully then it is a good time to find someone for the new phase. The reduction in losses is great and surely there will be profits in the coming interim or full year. It is growing well.

Is this just profit taking after the recent rises or have a missed something more fundamental?

GN

skyhigh - 27 Apr 2006 09:05 - 48 of 251

GN... agree with your comments... should now be making profits...and it's onwards and upwards from..us long termers (2/3 yrs for me) will not be put off by the 7% drop as we're taking the long view (slow & steady wins the race!)
Drop is just profit taking. imho

explosive - 27 Apr 2006 10:31 - 49 of 251

7% fall doesn't bother me either, still up 25% on this one in under 2 months.

Global Nomad - 27 Apr 2006 12:36 - 50 of 251

well done explosive....you got in at the bottom, seems like me and skyhigh have been here (via virtue) since the top(ish), perhaps we can meet somewhere in the middle and all be happy.

BIZPACK - 27 Apr 2006 18:03 - 51 of 251

explosive, hope you have something lined up but understand that on occasions one just has to make life changes.

As to results, I just watched the webcast, bit disapointed that they did not give a much stronger forward looking statement. I think the selling has in the main come from profit takers, as you say its still up a lot over two months.

Everything looks much more positive to me from the statement about 2006 but I thought it was not forcefull enough, thats all. If it had been the price might have gone up.

Better, than the brokers note, that suggested the value at a discount to market of 1.4 when they listed it as a buy at .97p. How long to the next brokers note, upgrading it?

I`m about even now on my small holding but tomorrow could bring buyers back and soon see it go up.

Interesting about Bissons Ltd, are you sure thats the right one, as I saw no refrence to bissons.com. If it is I can see they might have the reasons you state, podcasting ideas for the retail internet sites. World wide, with big business contacts through WTV .WOW, I can see the attraction.

explosive - 28 Apr 2006 00:49 - 52 of 251

Hi Bizpack, nope nothing lined up and have spent today registering with some accounting agencies. Have to say I'm looking forward to some time off and am even considering staying out all summer. Lifes just too short and its time to live a little...

Regarding Bissons Ltd, this is the only Bissons I could find within the channel islands. The website www.bissons.com at the very bottom says "Copyright Bissons Limited, 2000 2004" so looks to me like the same. Interstingly on the website "Managed Internet Access" & "Managed Internet Services" options if clicked on both say coming soon.

BIZPACK - 28 Apr 2006 20:27 - 53 of 251

I see they have issued a statement about the loan note late on today.

Thats the only thing I find a bit concerning, still now that I can only sell for 1p, I`ll take a chance thats its not as bad as it looks. The company could do with a cash injection by the looks of it, I regret to say, as that could dilute other shareholders value, unless they are making profits at this time, which is quite probable bearing in mind Q4 was neutral. So, I am still positive.

explosive, I take it your an accountant, so can you throw any more light and give us your take on the accounts please.
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