Vislink PLC Web Site : http://www.vislink.co.uk

Vislink Web Site : http://www.vislink.com
Link Resource Web Site : http://www.linkres.co.uk
MRC Web Site : http://www.mrcbroadcast.com
Hernis Web Site : http://www.hernis.com

Press Releases : http://www.vislink.com/press/index.php

Email alert service : http://www.vislink.co.uk/AnnounceMailFree/index.php

Read all about the exciting 2Ghz relocation ;

http://www.mrcbroadcast.com/2GHz/index.html

I rather fear that if one is not already on board, now is not the time to do it ..... Figures at the end of the month will, I am sure, be fantastic, but the sp has already rocketed and the odds must be pretty short on some quite heavy profit-taking just after the figures.

Interesting, Cynic, (and I thought so regarding your mail too, for which, thanks very much!).

My view is that if they make as little as 7 mil post-tax (estimated/extrapolated for the full year; next expected results are for the half year), that leaves them on PE 15.5 at current SP, for EPS of 5.1p.

This leaves a PE/growth ratio plausibly around 0.28, although I'd be prepared to accept a more conservative 0.5 as a fair estimate.

I'm inclined to be a touch more bullish.

Additional:- you may be right regarding a dip in the short term, but with five weeks to go before the results, I think this could grow nicely in between whiles. Looking ahead to the end of March 2007, I'd say the prospects are good for a decent rise.

Disagreements welcome as always. :o)

hi soul* ..... as i mentioned to you, the figures will assuredly be terrific, but they are already well flagged ..... for myself, i shall wait until after they are announced as i do not feel the odds are well stacked at the moment for continuing upward spiral.

We shall see - I'm still young and dumb enough that I have to try everything out and sometimes learn the hard way :o)

got in at 80p including costs, anyway!

PS I don't know much about RSI's, not being a particularly dedicated technical analyst. However, I would have thought that amongst the smaller caps, the RSI tends to be less applicable due to the obvious volatility inherent in such stocks. It would be another thing to compare, say, FTSE-100 stocks with the index as that would compare like with like. What do you think?

I am no analyst either, but RSI must have relevance whatever the stock ..... with RSI for VLK standing at 80, my view is that one needs to be quite or even pretty brave to dive in now.... of course, it may be that the figures are just so stunning that any profit-taking is easily absorbed, but surely the odds do not favour that?

MULTIMILLION DOLLAR US DEAL FOR LINK-XP WIRELESS CAMERA SYSTEMS

Aerial Video Systems (AVS) has placed a multi-million dollar order with Microwave Radio Communications (MRC) for the LinkXP wireless camera systems supplied by Link Research Ltd (Link). Both MRC and Link are Vislink plc companies. This transaction is part of the Sprint 2 GHz relocation program under way in the US.

The AVS order will make the company the largest provider of LinkXP systems in the world. This investment will enable the company to make even greater strides in the delivery of live content programming to customers around the world.

AVS took delivery of its first LinkXP systems two years ago and was the first customer in the United States to order the Link HD wireless camera systems. In a bit of history, AVS was the first to successfully demonstrate a high definition wireless camera system in the United States at a Monday Night Football game in December 2005. Since then AVS has covered numerous live events with the AVS/Link HD camera system such as the Super Bowl, NBA playoffs and finals and the Academy Awards.

AVS has always been about being on the technological cutting edge and our continuing partnership with Link will further that mission, stated Randy Hermes, president and CEO of Aerial Video Systems.

AVS is based in Burbank, California and specializes in next generation camera and video solutions and has been recognized with seven Emmy Awards for technical achievement.

For more information, please see www.aerialvideo.com

For more information on Link and MRC, please visit:

www.linkres.co.uk

www.mrcbroadcast.com

Regards
Vislink plc

Results due out tomorrow?

Yes, will be a good read.

Results are here. SP down slightly on profit-taking, but FWIW only 0.32% of the shares in issue have been shifted so far today, so there has not been much of a rush in either direction, as it would appear.

Here is the results summary:

Vislink plc

Interim results for the six months ended 30 June 2006

Vislink plc ('The Group'), a leading supplier of microwave radio and satellite
transmission products for the broadcast and security markets and of CCTV systems
for the marine security market has today announced its interim results for the
six months to 30 June 2006.

Financial summary
---------------------------- -------- -----------
For the six months ended 30 June 2006 2005
'000 '000
---------------------------- -------- -----------
Revenue 50,764 35,753
Operating profit 6,234 2,527
Adjusted* operating profit 6,910 3,046
Profit before taxation 6,076 2,092
Earnings per share - basic 2.73p 1.07p
Adjusted* earnings per share - basic 3.08p 1.33p
---------------------------- -------- -----------

A very good set of results, the buyers will be back later in the this week or next, once the profit takers have moved on.

And here a breakdown of earnings per share:


CONSOLIDATED GROUP INCOME STATEMENT
for the six months ended 30 June 2006

Six months Six months Year ended
to 30 June to 30 June 31 December
2006 2005 2005
(Unaudited) (Unaudited) (Audited)

Earnings per share expressed
in pence per share:
From continuing operations
- basic 6 2.73p 1.07p 2.66p
From continuing operations
- diluted 6 2.68p 1.06p 2.62p


Taking the diluted earnings as datum, and doing a swift calculation, that gives EPS for the last twelve reported months (i.e. H2 2005 plus H1 2006) of 4.24p. At current SP of 77p that gives a PE of 18.16

It's worth noting also that EPS for H1 2006 is greater than that for the whole of 2005.

If we can assume that in FY 2006 5p EPS is reached, then the forward PE to year end is only 15.4, which seems to me to be undemanding for a company whose earnings are basically doubling.

However, there has been an almost uninterrupted 200% rise (i.e. three times original price) in the SP over the space of approx 2 years, so it is unsurprising that one or two are choosing to bank their profits now.

I'd be interested to see what opinions will be offered up by the analysts over the coming days, as I would expect this still to be rated a buy.

all IMO, PDYOR, contradictory views welcome.

I agree your sentiment in post 179, PP.

FWIW, just found this forthcoming EPS estimate on FT.com:

Earnings (pence per share)
Year Ending Dec-06 5.80
Year Ending Dec-07 5.80


Naturally one hopes they may be revising that 2007 estimate upwards. 2006 looks good!

Looking very good :)

Yep - I'm in profit on the deal I did the other day (by the narrowest of margins!) and we have a new all-time high for the SP! (if you ignore that alleged purchase yesterday of 10,000 at 117p, which I cannot take seriously)

Posted on ADVFN:



"eddyamber - 31 Aug'06 - 13:58 - 1182 of 1209


Nice piece in this morning's Daily Mail

BUOYANT Vislink boss lan Scott-Gall flies to Amsterdam next week to bang the drum at the International Broadcast Convention. He should pick up more industry sales for the broadcast, security and marine CCTV group's equipment. First-half profits soared 190pc to a record 6.1m on sales 42pc up at 50.8m. Investec forecasts 12.7m for the full year and says buy. Shares eased 1'/2p to 76'/2p due to profit-taking.

Seems to be getting better! "

Just received today :


Link won two "Best In Show" awards last week at BIRTV, the biggest Chinese broadcast trade exhibition.

The years show was particularly buoyant in the build-up to the Beijing 2008 Olympics and the awards for LinkHD and Cellular Diversity are for cutting edge products that indicate the future development of radio and TV technology.


For further information please visit Link's website at http://www.linkres.co.uk

Regards
Vislink plc

A nice little flourish before the weekend, too: VLK Bid: 82p Offer: 83p Change: 3

I like the way this one moves :o)