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.

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.
BIZPACK
- 07 Jan 2006 16:31
- 86 of 145
Is nobody interest in this media business that has offices as far afield as Australia and New Zealand?
skyhigh
- 09 Jan 2006 16:34
- 87 of 145
Yeh but no but yeh !
We're all bored that nothung sensational is happening for the moment.. We need mega news and mega SP rise... then we might start to get excited.
A lot of us are still sitting on losses from a couple of years ago when the sp was 4-6p!
BIZPACK
- 10 Jan 2006 21:03
- 88 of 145
skyhigh, Have you been holding all that time?
No stops in? Sorry to hear your out of pocket.
A bit of chit chat around the office suggests that some exciting news is not far off.
Good time to bring your average down I think, as they are trading at a good discount.
Low volume suggests few sellers and upside is not far away.The rewards could be at least 75% the short term.
I am adding as cash becomes available at not more than 1.25p
BIZPACK
- 14 Jan 2006 20:56
- 89 of 145
This is one of the rumours that came down the grapevine.
It should get exciting and quickly move back towards its former levels of 3p
The Times January 14, 2006
Rumour of the day
AIM-listed World Television, valued at 7 million, ticked up 0.03p to 1p on talk that it has won a three-year contract from the European Space Agency after a competitive tender. The deal, running until the end of 2008, is thought to cover the provision of broadcast media relations services for the agency around the world, including launches and its work relating to the international space station.
http://www.timesonline.co.uk/article/0,,748-1984460,00.html
Fred1new
- 14 Jan 2006 23:12
- 90 of 145
Looking at the current charts I would think anybody buying this share at the moment would be barmy. If you had bought higher, sorry, probably hold if it is only a small holding. Have a look at the recent fundamentals in detail and latest news reports I wouldn't touch them.
I could be wrong, but I watch at a distance. There are better proespect in the market place.
Don't fall in love with a share you are holding.
BIZPACK
- 15 Jan 2006 14:34
- 91 of 145
Fred1new
I disagee with your comments not out of love with this or any other stock but on the basis of research.
First thier was the brokers note putting a discounted value to market of 1.4p, since that a deal with prnewswire, now "if true" this three year contract.
I think they have done the ground work and are about to get a lot more great contracts.
This is the Eumetsat Launch.
http://streamstudio.world-television.com/CCUIv3/media.aspx?ticket=434-435-3327&target=en-default-&stream=wm-video-300&streamid=p1&status=ondemand
PapalPower
- 16 Jan 2006 07:24
- 92 of 145
World Television Group PLC
16 January 2006
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 services
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.'
ENDS
skyhigh
- 16 Jan 2006 11:48
- 93 of 145
Cool !... long way to go but....
BIZPACK
- 16 Jan 2006 17:35
- 94 of 145
So the rumour was spot on. A lot more work could come from this contract.
Talk around the office also suggests that other bigger contracts are about to be reported, so it should got a lot higher and very fast once it breaks out above 1.3p
This was 7p not that long ago.
skyhigh
- 17 Jan 2006 02:09
- 95 of 145
Still cool ! I got in 2 yrs ago at 3p,,, sold half at 6p some while ago...it's looking good to get back to 6/7p in next 6 months (I reckon)
BIZPACK
- 17 Jan 2006 15:56
- 96 of 145
Skyhigh, I think 6/7 is a bit far out..get real 3p is on the cards although I notice a fair bit of selling today. T traders ?
BIZPACK
- 17 Jan 2006 20:00
- 97 of 145
Whisper in the pub is that another contract is to be posted from the other side of the world in the next day or so.
I have just noticed they have updated thier website with webcasts that they have done.
BIZPACK
- 25 Jan 2006 20:18
- 98 of 145
Having been surprised at the fall in the shareprice since the news of new contracts and it was suggested to me that the New Top Dog appointed last year and the FD maybe about to buy a several million shares while they are so depressed.
When you look at the level of discount they are at 1p to the recent Brokers Note that values them at 1.4p at a discount at that to the sector, then it would be on the cards.
I wish I had more funds at this time to place into wtv and average down but still like to be safe and keep my funds in more liquid stocks than this.
I have bought in at a higher level than this, so maybe I am wrong and should have kept away from them as I now need them to be at least 1.25 to cover my costs before I make a profit.
Results around June, so its going to be a long wait unless a good trading statement is made sooner.
Global Nomad
- 25 Jan 2006 22:36
- 99 of 145
thanks for keeping the board going biz,
unfortunately my breakeven is much higher and I would benefit more from averaging down, but like you I am without funds. I would in any case feel a little reluctanct until the picture cleared some more.....the discount to the sector is apparently for a reason....and the discount to the note reflects peoples hesitance/doubts....I await to be reassured....
as you said an update / statement would be welcome.
GN
BIZPACK
- 26 Jan 2006 19:56
- 100 of 145
Thanks Global Nomad for airing your views. I took a look at the WTV website this evening and noticed they have put up a list of dates for results and said they will make a trading statement on 23rd Feb.
I also see the are going to do a pre recorded webcast with results. Thats good news as well.
At least we do not have to guess at dates that they might or might not update investors. I like businesses that have consideration for private investors and give a regular flow of news on thier websites as do WTV.
I only hope it comes good for me in the long term and you guys/girls get your money back and make a profit with luck, as I see they were down again today.