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MOVING NORTH (ITU)     

dannycarswell - 04 Sep 2003 14:50

BIG RUN TO THE INTERMS. NEARLY ALL VOLUME TRADED TODAY HAS BEEN BUYS.

Douggie - 29 Dec 2003 21:31 - 61 of 84

seams ther's only thee an me ere nip si thi sooin, big bro. D.

Douggie - 02 Jan 2004 11:05 - 62 of 84

mornin all ... is there anyone still interested in this bb? I realy dont understand since ITU promoted up to 2 wider markets interest seems to hane gone both here and trades ????????? D> :-((

Aldor3 - 02 Jan 2004 13:53 - 63 of 84


Afternoon everybody.. hope you all had a great New Years Eve & all the best for the comeing year...Hi bro looking 4 ward to seeing you soon, i agree that all interest seems to have disapeared but will keep holding on as i think they will make us a good profit this year...

bishopjeremy - 02 Jan 2004 14:07 - 64 of 84

share price seems to have stalled in an otherwise rising market. the company website doesnt seem to have had anything fresh in the news section for quite a while.
I've taken the profit to use the money somewhere better. I may regret it but thats the way it goes
- all the best to you for the new year either way

skyhigh - 05 Jan 2004 08:19 - 65 of 84

Happy New Year everyone....I'm Still hanging on in there with these..Price should start climbing soon as we get towards next release of results etc...

Douggie - 09 Jan 2004 13:28 - 66 of 84

:-((

skyhigh - 09 Jan 2004 13:41 - 67 of 84

Good times a coming...Hang on in there....:-))

Danmatt - 14 Jan 2004 19:07 - 68 of 84

Carswell - Tasty result on RBS today. BOC still on the rise

pmriess - 19 Jan 2004 19:08 - 69 of 84

Anyone know whats happening here? - price has been'eaten' away bit by bit over the last few days. I've had this with other shares - come out with a small profit but then watched the share price leap away! I'm hanging to the ones I've got as I expect all those phones sold over Christmas to make a difference sometime!

skyhigh - 20 Jan 2004 09:03 - 70 of 84

Very fustrating. However, this has been a regular pattern. The price jumps up 4-5p then slowly drifts back again. I'm hanging in there too..Once there is more news-flow (& it should be good news,)then we'll see a stronger, more sustainable share price. :)

pmriess - 29 Jan 2004 21:21 - 71 of 84

Took this from adfn BB as some interest has been shown there in ITU shares over the last few days especially after the two large sells of 3m shares -


.....2x3m trade does not look great, and it ticked the the price down a tad, yet i would of thought it would go down more....this is very strange.....

my guess it must be a large fund company taking profits due to lack of news flow for some time since interims, and if ITU had secured a contract for 'american idol 3' ITU would of announced it by now. my guess is ITU have lost the contract with Freemantlemedia. which make me ask why? perhaps the profit margin was not that attractive for them anymore (falling dollar?), or maybe ITU have bigger fish to fry (with bigger profit margins in the EU/Asia?) and wish to concentrate resources elsewhere (Movilisto?).....

.... said a few days back, if it held above 28p this would be a strong strong buy signal. yet it has fallen a little. so i would 'hold' until after this weekend .... %r is looking oversold, MACD is still looks like it wants to turn upwards, and stochastic indicators are indecisive, yet if price holds it will be screaming buy on friday. there is an underlying updrend since august, and we are now on the limit of this trend (higher lows), something will have to give very soon....watch this space....


took this off the OST thread since VOD is a partner and ITU is a content provider I thought it more appropriate here.

http://uk.biz.yahoo.com/040128/214/ekk7r.html

I was hoping someone was going to say it was cross trade, but it did seem strange it didn't drop further.

Spot on with the end of your second paragraph. I'm sure they wouldn't mind picking up these contracts at the right price but the main area of growth is the direct channel and the new dimension Movilisto have brought into ITU. I think the second part of the 3rd quarter results says it all about the the Voice business.

Voice
The Voice business recorded revenues of 22.9m for the first nine months of 2003 (2002 : 16.6m). As reported in previous statements, iTouch has been utilising its technology for one high revenue and low margin contract, which finished in Q3 2003. As a result, Voice revenues fell to 6.2m in Q3 2003 from 9.0m in Q2. Operating losses were 0.6m for the nine month reporting period (2002 : 0.5m).

Other Data
The other Data business recorded revenues of 6.3m in the first nine months of 2003 (2002 : 3.7m). Business Mobility (our PDA applications offering) secured two significant UK contracts this period.

Other Profit and Loss Items
The Group gross profit was 18.0m for the first nine months of 2003 up 102% from the equivalent period in 2002. Gross profit percentage increased to 43% primarily as a result of the acquisition of Movilisto and the completion of the single high revenue and low margin voice contract.

Selling expenses in the first nine months of 2003 increased by 95% to 4.6m (2002 : 2.4m) as a result of the Movilisto acquisition and the launch of 8181 in the UK. General administration expenses, excluding Movilisto, decreased to 4.1m in Q3 2003 from 4.9m in Q2 2002 as we continue to control costs.

On 2 July 2003, iTouch sold its 50% stake in iTouch Israel to the other joint venture partner for a nominal sum. The disposal agreement includes a licensing arrangement that allows iTouch Israel to retain the use of the iTouch name and Group content in return for a revenue share. The disposal resulted in an exceptional gain of 0.1m and iTouchs share of the joint ventures profit in 2003 was 48,000 (2002 : loss of 228,000).

After net interest income of 0.4m (2002 : 0.9m), share incentive scheme changes of nil (2002 : 0.4m), depreciation of 1.5m (2002 : 1.2m) a charge for goodwill amortisation of 2.2m (2002 : 3.6m), the loss on ordinary activities before tax was 5.7m (2002 : 11.9m). Tax for the first nine months was 1.0m arising primarily from the profits of Movilisto.

The adjusted loss per share (as calculated in Note 2) was 0.5p (2002 : 2.3p). The Group had net cash of 11.3m at the end of the period.

Total headcount at 30 September 2003 was down to 325 (including Movilistos 41 staff) from 382 at 31 December 2002 and reflects our continuing review of the cost base and efforts to improve operational efficiency.

Outlook
The Group has now reached a sustainable EBITDA positive position and we expect to be close to EBITDA breakeven for the full year 2003. In light of the increased focus of the Group on the emerging mobile data market, the Board is undertaking a strategic review of existing operations which may lead to some impairment of goodwill but will position the Group for strong financial performance in 2004. The success of Movilisto in Spain and the launch of the 8181 channel in the UK give us confidence that we now have a platform and profitable business model which we can build on and scale into new territories.


January 2004

"BCL provides broadcast and telecommunications services to clients including TVNZ, TV3, Sky and Prime through a transmitter network that covers New Zealand. Asset tracking and maintenance was an obvious issue until the company rolled out a new mobile solution from wireless experts iTouch..."

http://www.istart.co.nz/index/HM20/PC0/PVC197/EX24706/CS24770

.....hope someone finds this information useful and gives them hope!!!!!

Douggie - 12 Feb 2004 00:54 - 72 of 84

got a possible good wake up kick today

skyhigh - 17 Feb 2004 13:40 - 73 of 84

up a 1/4p today... big buys going through at 32p (100k+150K)... is share price just about to take off in the run up to the results ? Lets hope so at long last. :)

Douggie - 24 Feb 2004 09:08 - 74 of 84

this share going places again you looking in here Bro?

skyhigh - 02 Mar 2004 15:43 - 75 of 84

Just announced >>> iTouch releasing year end results on Tues. 16th March..
Now watch this one fly..particularly when results are released !. :)

skyhigh - 04 Mar 2004 10:54 - 76 of 84

Moving up nicely...watch this space.. more to come !

skyhigh - 10 Mar 2004 13:49 - 77 of 84

Nice buy of 285k gone thru today. It's looking good, should start to move north again, particularly if ITU gets mentioned in this weeks share mags / weekend papers etc. :)

Oakapples142 - 16 Mar 2004 09:09 - 78 of 84


Results would appear more than reasonable and encouraging. Why no rush to buy this morning. Any views

skyhigh - 16 Mar 2004 09:36 - 79 of 84

Oakapples - Agree that the results, although not sparkling, are reasonable and very encouraging. SP has gone up a tick this morning. IMHO, I think there will be some profit taking as there will be long term holders wanting to realise profits, particularly coming up to year end.
However, again IMHO, I think that there will be positive noises coming out the analysts mtg this morning. There should be alot of "BUY" recommendations as a result of this and I would expect that shares mag & IC will also tip this as a buy based on projected growth & estimates of 2004 /2005 results.
Also, the next qtrly results will be due end May/early June. This will also boost sentiment. I would expect share price to continue it's upward momentum over the next 2/3 months.

skyhigh - 18 Mar 2004 14:09 - 80 of 84

SP still slowly going up. Had a mention Shares Mag. today. Would also expect this to be in the Invest Chr. tomorrow or next week. Slow & steady rises should continue.
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