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

janesteve, with regard to the Trades screen - please read the following disclaimer which is at teh bottom of the trades screen - this should help show you how we actually decide whether a trade was a buy or a sell.

Disclaimer

All analysis on this trades page is intended only as a guide and its accuracy is not guaranteed. It should not be used for investment purposes.

It should be noted that all trade declarations made by the market do not include a buy or sell indicator and therefore we have to derive this information ourselves. The policy we have adopted is based on the mid price of the stock at the time of the declaration. For example, a trade declared at a price that is higher than the mid price at the time of declaration would be put in the buy column, a trade lower than the mid price would be put in the sell column. A trade which matches the mid price would be considered unknown. Please also note that the market can delay declaration of the trades for up to an hour in which case we will not make any assumptions and place that trade in the 'unknown' column. Please also note that many investors are able to buy and sell within the spread and also users of level 2 systems will actually be buying at the perceived sell price, these trades might therefore appear to be wrongly categorised.

Hi Janesteve,
Yes I like this one too, and don't forget it jumped to 6p after the upbeat trading statement on 23 February. Since then the share price has taken a pounding - linked I think to the retreat from hi-tech following the market wobbles and the Madrid bombing. Year end result ought to be coming out soon.
Yes the shares look cheap, but worrying that the price is now in such a downtrend.

do you know when the results r due would be tempted to get back in, done well last time hope to do the same again ?

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.