apple
- 28 Oct 2004 13:05
This used to be called VTB.
They have fallen from about 3p since June & they reached 7p a year ago.
The share seems to be showing signs of life.
I've put a small amount in again as a big gamble.
This goes aginst what I usually do because it is an AIM share with a big spread but it's only a small amount just for fun.

luchan
- 26 Sep 2005 18:30
- 66 of 145
After todays results it looks like we are on the right track at nearly break even & should possibly hit a marginal profit by year end. Sales shwoing 7% growth.
luchan.
skyhigh
- 26 Sep 2005 23:40
- 67 of 145
I reckon 250k profit for the next results (imho). Might as well be optimistic...dream on. anyway I think it's encouraging at long last!
ffi7t87t87t
- 02 Oct 2005 21:21
- 68 of 145
rumours are emerging in the city about a possible takeover at World Television
brokers note has been shelved
skyhigh
- 03 Oct 2005 08:35
- 69 of 145
interesting.. I hope !
ffi7t87t87t
- 04 Oct 2005 19:21
- 70 of 145
look at iii, advfn . Rumours are rife.
No smoke without fire. Buy on rumour sell on fact
DYOR
ffi7t87t87t
- 12 Oct 2005 19:23
- 71 of 145
Reports on advfn of visits to the board by
Thomson Financial
Commerzbank AG
Credit Suisse First Boston
Goldman Sachs
Deutsche Bank AG
DYOR
Troys
- 12 Oct 2005 22:08
- 72 of 145
On the ADVFN site there is so much hype it is a joke.
Global Nomad
- 13 Oct 2005 12:55
- 73 of 145
it just seems that all the hype is sending the sp in the wrong direction.....
skyhigh
- 13 Oct 2005 13:06
- 74 of 145
It's a typo!
It's not hype - it's hope !
Global Nomad
- 28 Oct 2005 08:10
- 75 of 145
Guess this was expected, but good to see confirmation of the figures 1.5m/year for 3 years...also good to see the price respond nicely to the news. Lets hope it rekindles some interest....
Troys
- 28 Oct 2005 08:53
- 76 of 145
Good news at last
skyhigh
- 28 Oct 2005 09:14
- 77 of 145
Can anyone tell us or post what the news was..MoneyAM never seems to show any WTV RNS releases - thanks
Troys
- 28 Oct 2005 09:56
- 78 of 145
RNS Number:2811T
World Television Group PLC
28 October 2005
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.
In response to demand from broadcasters for more content, World Television has
built on the existing offering by increasing output by 50 per cent Monday to
Thursday and by introducing an in-depth, ten-minute feature every Friday
focussing on specific news-related subjects.
A newly redeveloped website (www.bsn.org.uk) is available in both English and
Arabic and provides an enhanced offering featuring streaming video. This will
enable programme producers to select stories by viewing them at their desktops
alongside script information and other related reports.
BSN is currently used by over 450 broadcasters across Europe, Africa, the Middle
East and South East Asia. The new service will strive to achieve greater
penetration in core areas such as the Arabic speaking regions.
Steve Garvey, CEO, World Television Group said: "I am delighted BSN has decided
to extend their service offering and am confident that, through the combination
of increased output and the application of World Television's technologies, BSN
will build on its significant successes to date. BSN is designed to serve
broadcasters' needs and World Television will continue to innovate our offering
to ensure it does so."
BSN Editor Mike Nolan said, "We are enormously proud to be continuing with the
BSN service. It is now becoming a prime source of news and information about
Britain to many broadcasters and we are confident of recruiting even more
television stations to the service."
Global Nomad
- 03 Nov 2005 14:04
- 79 of 145
looks like this share is at least trying to head in the right direction, not convinced that there is any steam behind it yet...good to hear news not hype...a bit more and it should be more convincing...gaining new clients is always a better sign than hanging onto existing ones(though clearly you don't want to loose them) lets see some news on that.
GN
BIZPACK
- 13 Dec 2005 13:45
- 80 of 145
Has it reached its floor and is this the time to be bottom fishing.
Very little news published by WTV in recent months other than the back Tax that could be claimed. They also claim that they should be able to meet these costs with a payment plan. Maybe the market has taken all this into account now.
BIZPACK
- 29 Dec 2005 11:16
- 81 of 145
I see a brokers note is available on the world-television.com site under IR, that takes the Tax issue into account.
It seems as though they are very undervalued at present.
PapalPower
- 30 Dec 2005 10:20
- 82 of 145
World Television Group PLC
30 December 2005
For Immediate Release 30 December 2005
World Television Group Plc
('World Television' or 'the Company')
World Television agrees to sell Foroso
World Television, the international televisual communications company, today
announces that it has agreed to dispose of the Company's webconferencing
subsidiary Foroso Communications GmbH ('Foroso').
Following a detailed strategic review of the business, the Directors of World
Television have concluded that Foroso and its web conferencing products are not
a core part of the group's strategy going forwards, due in the main to the
increasing commoditisation of these services, and are therefore pleased to reach
an agreement with members of the existing management team of Foroso. Foroso's
Meeting Centre and Training Centre will continue to operate as normal and
without interruption.
Four of the original founders of Foroso (Peter Pock, Elmar Merget, Kristof
Nast-Kolb and Ingrid Buchenberger) will take ownership of the company from 1
January 2006. World Television will receive a 20% share of revenues in 2006 and
2007. World Television will also receive all of the proceeds of any sale of the
business before 30 June 2006, up to a maximum of 680,000, and 20% of any
subsequent sale until 31 December 2015.
Foroso is currently unprofitable and has struggled to reach profitability since
it was acquired by the Company in May 2004, due to falling margins and intense
competition. Foroso revenues in 2005 are expected to be under 150,000.
Steve Garvey, CEO of World Television, said: 'Working with the management of
Foroso, we have reviewed our options regarding the business and it is clear that
Foroso no longer fits within the group. Since the enlarged World Television was
created in August 2004, the Company's range of services has increased
significantly. Foroso sells its services to a different kind of customer, its
products are not televisual and there are few synergies between it and rest of
the Company. I believe we will generate faster growth by concentrating on our
core business of televisual communications services while ensuring our
shareholders get value from Foroso in future. I wish the new owners every
success.'
BIZPACK
- 30 Dec 2005 15:35
- 83 of 145
Thats a bit more good news from the company. At least the 20% will be pure profit, even though its a small amount.
From the time the brokers note was issued, it would seem they are intent on putting out news on a regular basis now. I assume because they now only have good news going forward.
Must be a hot tip for 2006.
Fred1new
- 30 Dec 2005 17:11
- 84 of 145
There is also a little bad news as I read it. But looking at TA more promising than previous FDs.
"World Television Group PLC
02 December 2005
For Immediate Release 2 December 2005
World Television Group Plc
("World Television" or "the Company")
Tax assessment relating to 1999-2000 and 2000-2001
World Television has been advised by HM Revenue and Customs (HMRC) in the UK
that it holds the Company liable for unpaid employers' National Insurance
contributions (NIC) relating to the exercise of share options by ex-employees of
Tornado Group plc (now called World Television) at the time of its flotation in
March 2000.
Tornado Group plc made payments for both PAYE and NIC at the time of the
flotation but the HMRC assessment disputes the calculation and states that the
deductions were insufficient to meet the liability. HMRC calculates that the
Company's liability amounts to 182,619 which includes the original unpaid NIC
and interest from the date of exercise to the beginning of November 2005, but
excludes penalty charges.
Furthermore, HMRC has informed the Company that it holds the Company liable for
unpaid PAYE contributions in respect of the same employees and the same
transaction. HMRC's initial assessment of PAYE due is 312,480, excluding
interest and penalties.
The Company has appealed against the assessment of NIC and PAYE and the appeal
process is expected to last at least several weeks. If the assessment is found
to be correct, the Company will not be required to make any payments to HMRC
until the appeal process has been completed, which the Directors expect to be
next year.
The Company will defend vigorously its position and seek to recover unpaid PAYE
and other related charges from the former employees in question. The Company has
copies of signed agreements from the employees indemnifying the Company for all
taxation, including PAYE and employees' NIC Class 1, relating to the options.
The process of contacting the said employees, all of whom have now left the
Company, has already begun. The Company is also investigating possible means of
recovery of any penalties and interest relating to unpaid employers' NIC.
The Directors have considered the impact of a successful claim by HMRC on its
cash position and intend to negotiate a payment plan with HMRC. The Directors
believe that on this basis the Company will have the resources to make the
necessary payments.
The Directors believe that any liability ultimately falling due following HMRC's
assessment has no connection with any employee currently employed by the
Company, and is not related to the performance of the current management team.
Moreover the Directors are taking all appropriate steps to ensure that any
resulting liability will not impact the Company's trading performance and its
ability to achieve its strategic goals.
The Directors remain confident that the Company's strategy will continue to
deliver growth and progress towards our goal of profitability in 2006.
The Board expects to make a provision for the overall liability in the final
accounts for the year ending 31 December 2005, based on the information
available at the time. The Directors will inform shareholders of any material
developments as they emerge.
ENDS
Enquiries:
World Television Group plc Tel. +44 (0)20 7388 8555
Steve Garvey, Chief Executive
Buchanan Communications Tel. +44 (0)20 7466 5000
Charles Ryland/Jeremy Garcia
BIZPACK
- 04 Jan 2006 17:11
- 85 of 145
The sellers were out today taking profits from 1p level seen a couple of weeks ago.
I would expect the recent brokers note to support a bounce back very soon now that these possible T traders have taken the short term 10% profit.