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

share price coming back slightly...now down .12.. 4 to 4.50...2 decent trades went through together at 4.25...lets hope we see a bit more buying now....

Virtue has a large Spanish client base - from banking groups to Barcelona City Council if memory serves me well. Its shares may have been particularly affected by the Madrid bombings?

However, there may be some consolation news today. Just had a quick look and haven't got time to check but - IMD to use Virtue Solutions for its Learning Network.

Details: http://www.virtuebroadcasting.com/

Cheers, Madison

Yes Madison, and see also press release on 15 March that PeopleSoft to continue to use Virtue for its webcasting.

RNS due shortly (?next couple of weeks) to fix date for final results. I expect the results themselves will be released in April.

This company is incredibly cheap at only 1.75m. It only needs to start making small profits with the promise of more, and the share price will start to rocket. NB in its 23 Feb trading statement the company said "the acquisition of Kamera has enhanced the ability of the group to achieve profitability in the short term." By short term I take that to mean in the current year to 31.12.04.
Check out its website and you will see that it has a raft of blue chip clients including NOKIA, Nato, Microsoft,ABB, Somerfield etc etc.

i agree with beaufort1.. i think the company is extremely cheap....it has bought out no bad news....i expct it to rise very shortly.....nice to see so many joining in with this co.

Sorry all, that market cap figure was totally wrong based on out of date information on the MoneyAM site (no doubt based on last annual report)
FT gives market cap as 9.5m.

beaufort1,

With regard to market cap figure i will get someone to look into this.

Ian

Thanks Ian

I have some VTB share but I don't expect any movement up on Tech cos as we can see the Nasdaq and FTSE Techmark going down......once the correction is over and both indices go up then expect VTB to start moving on up. Both indices have further to go (down) The Nasdaq is just pipping out the 200d moving average....any bounce back together with large volumes will signal the change in trend.

good buying going on today ....now up 0.25.....hope it continues

.

Market Cap as of 27.2.03 12Million

http://moneyam.uk-wire.com/cgi-bin/articles/200403260700099632W.html

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.