edited

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.