edited

Incredible growth and profits with CAH, Cellcasts 37% stake must be worth easily
more than the value of Cellcast itself.

What valuation do you put on a company after these second half results ?

Cellcast Asia posts 400% revenue growth and record profits



Strong endorsement of Cellcast plc's proprietary technology and business model



Cellcast plc (AIM: CLTV), the interactive digital broadcaster, today announces that Cellcast Asia (its associate company of which it owns 37.5%) delivered revenues of US$6,409,000 in the second half of 2009, a 400% increase on the same period in 2008. Cellcast Asia anticipates that it will record second half profits of just over US$2,000,000.



Commenting on the interim results, Cellcast Asia CEO, Pankaj Thakar said: "Our rapid growth in 2009 is the result of several factors. The mobile market in India is delivering extraordinary opportunities for resourceful companies. We have fine-tuned existing programming, expanded distribution and launched new formats that have succeeded beyond expectations. We are now seeing the benefits of the expertise and focussed understanding of consumer needs that we have built up over the last few years".



The exponential growth of the Indian mobile market continues, with a record 19 million new subscribers in the month of December 2009 alone. India now boasts 525 million mobile subscribers - up 51.4% from December 2008, with continued room for growth as penetration stands at just 40%. Pankaj Thakar said: "Whilst our costs are fixed, more and more people are able to interact with our programmes every month, significantly increasing response rates and driving margin growth".



Pankaj Thakar continued: "Cellcast Asia is benefiting from the strategic support of both mobile operators and broadcasters. Network operators see the services as a way to increase ARPU in an increasingly competitive environment, with traditional voice and data yields declining as a result of market expansion and price competition. For broadcasters, who face increasing competition in a tough competitive advertising environment, our services frequently generate yields that exceed those available from spot advertising".



Cellcast Asia forecasts continued growth through 2010, with increased distribution on the national DTH platform and greater penetration in regional markets as Hindi production expands into local languages such as Urdu and Tamil.



Andrew Wilson, CEO of Cellcast plc ,commented: "Coming on top of the Red Herring award that named Cellcast Asia as one of the 100 best private technology companies in the world, the 2009 performance is a further endorsement of Cellcast plc's business model, its proprietary technology, and the group's proven ability to exploit significant participation TV revenue opportunities in the fast growing Asian market."

Quite incredible it's back down to 5.25p offer but i suppose in this market this is common.

CAH barely made a profit in the first 6 months of the year then they make 2 mil USD
profits in H2, this will continue with more rapid growth, i think CAH this year will make at least $6 mil profits, Cellcasts share of this would be over $2 mil, but if CAH gets floated on the Indian tech market the valuation of Cellcast's stake will be worth a small fortune, this stock is a bargain currently, i see 50p again in the future.

Another closing high.

Still a bit of a seller but more and more new small investors joining the CAH supporters club which is driving the price higher and 100% up now since thread
started "after" the spread is taking into consideration.

Bit oversold with poor sentiment to small caps away from the oil and mining sector.

Market cap is 4 million, CAH turns a small H1 profit into a $2 mil one in H2 and CLTV have 37%, so they will make at least $4 mil but more like 6-10 mil with the growth they are seeing.

If the UK operations are turned around as well this could easily be a ten bagger.

Dyor.

No stock available, usually means a good rise is coming.

Bidding mid price for size too, mm's have to honour 50k NMS.

Bit annoying this morning, almost all my penny stocks are being heavily bid around
mid price with the mm's closing the online buy shop, the manipulation in these aim
stocks is rife, they just refuse to let you deal until the sellers turn up to bail them
out, wide spreads, wont let you buy, load of bolx but what can you do about it !

Shareprice hit 7.25p bid on the news below and is now just 4.75p, a lot of room
for a good recovery to that high again.


Interactive digital broadcaster Cellcasts associate Indian company has hoisted second half revenues 400 per cent to 4 million.

Until recently an AIM dog, London-based Cellcast, which provides interactive mobile content for the multi-platform digital entertainment sector, owns 37.5 per cent of Cellcast Asia, the leading participant TV broadcaster in the Indian sub-continent, which says it expects second-half profits of more than $2 million (1.25 million). The associate company's performance contrasts with Cellcastss own first-half loss of 382,125 on turnover of 8.6 million, against a previous 342,238 profit on 6.7 million turnover.

Cellcast Asia boss Pankaj Thakar explains the mobile market in India is booming, but still has wide scope for further expansion before full market penetration is achieved. Whilst our costs are fixed, more and more people are able to interact with our programmes every month.

Andrew Wilson, chief executive officer of Cellcast, claims the Asian companys performance is a further endorsement of Cellcasts business model, its proprietary technology and the groups proven ability to exploit opportunities in the fast-growing Asian market'.

Floated at 71p in 2005, Cellcast shares hit 93.5p before collapsing to 2.25p in early 2008 and have now rallied to 5.88p, valuing the company at an undemanding 4.4 million."

Be interesting to see what special numbers that Cellcasts 37% stake in
Cah come up with in results towards the end of the month.

The growth in turnover and profits has been amazing and seems to have
been forgotten with the shares in quite a long period of little movement
and volumes.

They could surprise, if Cah have continued the progress then their valuation
alone will be worth many times Cltv's current one....dyor...

Results next week according to email i received.

Not seen a sale in this for ages so hoping for some good numbers
from Cah.