I bought into these some time ago, and they haven't really moved much for a while after initial links with Music co, etc. However, this week has showed some interest, anyone know whats going on?

VTB needs more substantial revenue generating news to help hike the price.

Virtue Broadcasting PLC
27 November 2003


VIRTUE BROADCASTING PLC

27 NOVEMBER 2003

ACQUISITION OF KAMERA HOLDINGS AB

Virtue Broadcasting Plc ('Virtue') announces that it has today entered into a
conditional purchase agreement to acquire Kamera Holdings AB ('Kamera') with
Kamera's convertible bond holders and shareholders representing 70 per cent. of
the issued share capital. Kamera is a Swedish based company traded on the
HQ-Tech market.

As announced on 3 October 2003 Virtue has been reviewing the IP based corporate
communications sector for value enhancing consolidation opportunities, and is
delighted to have reached agreement with a majority of the Kamera shareholders.
Kamera provides webcasting and content distribution services to large
corporations and professional institutions, and is a market leader in the
Nordics. Kamera's customers include the Stockholm Stock Exchange, Nokia,
AstraZeneca and Pharmacia.

Kamera reported in its rights issue prospectus dated 4 November 2003 that it had
made unaudited revenues of 1.3 million and loss after taxation of 0.5 million
in the 8 month period to 31 August 2003. The prospectus highlighted that Kamera
had net liabilities of 0.1 million as at 31 August 2003 which included 48,000
of cash. The audited accounts of Kamera for the 12 months to 31 December 2002
show revenues of 1.5 million, a loss after taxation excluding goodwill
impairment and amortisation of 1.3 million and net assets of 0.4 million.

Following this announcement Virtue will shortly file in Sweden a prospectus with
the Finansinspektionen, the Swedish Financial Supervisory Authority, to make a
public offer to purchase the entire issued share capital of Kamera on terms
outlined below. The purchase is conditional upon receiving more than 90 per
cent. acceptances from the Kamera shareholders and both the satisfactory uptake
by its shareholders of between 420,000 to 600,000 in the outstanding rights
issue (and for which the 70 per cent. of shareholders referred to above have
undertaken to subscribe 420,000) and conversion of 80,000 of convertible debt
in to shares prior to the completion date.

In consideration of the entire share capital of Kamera, Virtue will issue
between 40,760,000 and 43,796,389 new ordinary 0.1 pence shares, depending on
the uptake of Kamera's outstanding rights issue plus a total of 100,000 cash
consideration. This represents approximately 19.2 to 20.3 per cent. of the
enlarged share capital of the new group. Based on the closing mid-market price
of Virtue shares on 25 November 2003 this values Kamera at 2.5 million to 2.7
million. The completion date is expected to be on or before 9 January 2004 and
application for new shares to be admitted to AIM is expected to be five days
after completion. A further announcement will be made at that time.

Fredrik Ramberg, Chairman of Kamera, commented, 'the purchase of Kamera by
Virtue presents a major step in the consolidation of the webcasting market in
Europe and will give the new group access to broader markets as well as
technical platforms for their respective digital communications businesses'.

'The Kamera business has excellent people and customers and were innovators in
the early webcasting market', said Mike Neville, Chairman of Virtue, 'this
acquisition increases the company's footprint to the Nordic market which is one
of the most mature in Europe. The extended customer base, which is second to
none, will add valuable revenue streams and associated margins. This transaction
is an integral part of the business transformation process that we are currently
undergoing, where our intention is to offer valued added IP based communications
services to corporate customers and professional institutions across Europe.
This strategy will be leveraged from our current core operational
infrastructure, and provide enhanced margins and longevity of revenues over the
medium term. Finally, and very importantly, our customers will be able to access
integrated services across a European footprint, which should reflect
significant value.'


ENDS

Do we see this as good news, positive move on price maybe?

7 paragraphs of the usual P.R.nonsense written by the marketing gurus.

Any good trend upwards this week after the 27th novembers good news.

I hate to say it but it looks to me as though VTB has lost confidence. I'd expect the price to continue down and settle above 4p.

Three directors puchase almost 300,000 see RNS

Looks like some directors have just topped up!

They bought @

5.25
5.00
4.9

I had my doubts when three directors all bought in on same day. Smacks a bit of desperation to keep the price up. If it slides to far it could put the Kamera deal in jepoardy.
On the otherhand they could just be very shrewd knowing this is going somewhere.

still holding (at a loss)
will top up if dips further, funds permitting (if PXC doesn't go below 8p..)

Share price going down all the time.. I should have sold at the top (6.5 to 7p.) But.... my broker said at the time..hold on to these as we haven't seen the best price yet ? (about 10p)... I think I should've followed my own gut feelings on this one... However, not worth selling now so... I'll keep looking on the bright side and hope they come good again over the next few weeks/months. Keep smiling ! :-)

I'm also in PXC,ITU,IAL,WGG,WGT,ZIM,BLLM,ARC,NWD,SOP,EVS, anyone else in any of these ?... I'm hoping that they'll all come good at the same time and I can retire ! some hope !)

I'm in PXC (good long termer, slow but steady upward progress). Also in on ZOO and SPS (could got sky high). I sold VTB at 6.25 because they seem to just float along rather than push upward. The coming issue will probably keep the price close to 4.5p IMHO. Only after the issue will it likely go to newer ground.

Looks like the bottom may have been reached yesterday at 4.5p. It's up 5% again today so far (although when I look on selftrade who calculate rises against the bid price it's up 10% today)

Broker research (from Brewin) to come out soon and rumours on another BB of coverage in Investors Chronicle this Friday. (so now that's a rumour of a rumour!) dyor

up 11.9% today

Is an RNS imminent, I mean imminent as in today? Just something I read on another b&b, might be hype, I don't know

For the un-initiated...(Like me !) What's an RNS ? - thanks.

If it's good & it happens today & it has a big positive impact on the SP, then I'm all for it !! Bring it on ! :)

Hi all. Just bought back at 5.5. I feel this has a future. All is in place.

New adquisitions in Europe will defo provide more income source and exposure into Europe.

Cost cutting climate still remains a priority for all cos. So VTB is well placed to take advantage.

Good portfolio of clients = credibility.

Directors purchased shares in the company = faith in the company.

I feel the next set of company results will do nicely.

By looking at the charts I think we are in for another big movement in the next 2 weeks, hopefully upwards.

also loads of derampers have appeared over on advfn always a good sign imho.

News of Kamera deal due tomorrow, hopefully a trading update will accompany it.

Rumours of an IC tip are also circulating, if true watch for late deals before close today..

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