PapalPower
- 14 Feb 2005 08:40
PapalPower
- 01 Jun 2005 18:55
- 34 of 301
Great news from www.timesonline.co.uk
1st June 2005
Vislink, the developer of TV broadcast technology, held steady at 29p, despite talk that Link Research, acquired in January for 10.75 million, has won its first US contract: a $1.8 million (990,000) deal for wireless cameras from a US broadcasting network. Taken with last weeks $4 million order for US military radios, analysts suggest there could be scope for upgrades to Vislinks forecasts.
PapalPower
- 03 Jun 2005 09:09
- 35 of 301
Vislink PLC
03 June 2005
Vislink plc
Link Research Limited contract win
Vislink is pleased to announce that Link Research limited, a leading supplier of wireless camera systems, has been awarded its first major contract for $1.8m, to supply wireless camera systems in the US.
Commenting on the award of the additional contract, Mr Ian Scott-Gall, Chief
Executive of Vislink plc said 'This contract underlines the opportunities in the US market for Link which was acquired by the Group on February 11th 2005'
For further information contact:
Vislink plc
Ian Scott-Gall, Chief Executive Tel: 01488 685500
James Trumper, Finance Director Tel: 01488 685500
PapalPower
- 03 Jun 2005 09:14
- 36 of 301
Post copied from poster on another BB and which reads as great news.
This is an article from tomorrows IC:
Vislink
Shares in IT hardware group Vislink had a fantastic run between the beginning of November 2004 and the middle of March, gaining around 70 per cent as news of an acquisition and a major contract win were well-received.
That rally in part also reflected a recovery at the group's UK operations, which had experienced poor trading in the first half of 2004. However, the shares have since fallen from mid-March's high of 32.75p and are now looking cheap again.
Vislink supplies microwave radio and satellite transmission products to niche sectors such as the broadcast and security markets, as well as integrated CCTV (closed circuit television) systems for applications in the marine security and petroleum industries.
And final results (released in late March) revealed that, despite last year's turnover from continuing operations being flat at 67.8m (68m in 2003), Vislink had actually improved second-half sales to 37.7m from 30.1m in the first half. This increase was partly driven by the group's US-based Microwave Radio Communications (MRC) business as it benefited from a strong intake of orders, particularly from the US government.
But Vislink's UK business, despite a move to rationalise its operations into one site at the end of 2003, continued to suffer from weak sales and trading losses in the first half. After a further 1.5m was spent last year on restructuring, though - which involved operational management changes and additional cost-cutting - the business returned to profitability in December.
The group's marine safety business, Hernis, saw growth in both order intake and operating profits during the year. Currently, it is experiencing increased demand from the Norwegian oil and gas market.
For the 12 months to 31 December, the group's pre-tax loss was reduced to 809,000 (from a loss of 3.4m in 2003). Earnings per share, before goodwill amortisation and exceptionals, were flat at 1p.
The current year has got off to a good start, too, with Vislink's MRC winning an initial order of $30m to build equipment for a North American provider of wireless communications services.
Link Research - a provider of digital wireless camera systems that Vislink bought for 10.8m in January - will also profit from this deal as purchases made by MRC from Link will increase as a result of the order. The Link acquisition benefits the group as a whole because it now retains the royalties that it previously paid to Link on products supplied to Vislink, while the integration of Link's wireless camera systems with Vislink's own product offering is expected to provide opportunities for further growth.
Vislink is now expected to return to profit this year, and normalised earnings per share are set to increase by 40 per cent to 1.4p. For next year, the consensus forecast estimates earnings per share to more than double to 3.2p. Consequently, the shares represent good value.
PapalPower
- 03 Jun 2005 10:39
- 37 of 301
squidd with weekend write ups I hope we can break 35p early next week here at VLK. Have you looked at CCN as it seems bottomed but any film festival update or acquisition news could see a large jump up, it will be strong in the second half (as already said by the company) but first half is just only news related moves but worth watching.
PapalPower
- 09 Jun 2005 08:22
- 38 of 301
squidd an associate of mine has been in contact with Ian Scott Gall and as limited as his reply is restricted to be the response was that the bullish statements in recent announcements means that all is going well I am therefore looking forward to my dividend soon and also the results news in September. I would still class this as a buy until 35p with a higher buy level once the results are announced in September.
squidd
- 13 Jun 2005 04:16
- 39 of 301
PpP: Thanks for updates on VLK. all sounds upbeat, but with summer absences now in prospect, I've had to decide not to extend the variety of my portfolio beyond what I see as classic recovery situations, which can be left unattended.
Will be keeping an occasional watch on your portfolio.
sd.
PapalPower
- 13 Jun 2005 07:23
- 40 of 301
squidd I have a feeling that before summer finishes there will be exciting things on the FTSE:AIM, I am keeping an eye on a few others that are very much undervalued and out of favour but that will offer surprisingly good news in Autumn, if they keep to that potential will let you know late summer time.
If you like energy stocks take a look at TAG as it is getting like a compressed spring and should soon be ready to unleash with news flow.
squidd
- 13 Jun 2005 08:52
- 41 of 301
PpP: Have read your TAG thread earlier; they desperately need your man over at RPT.
sd.
PapalPower
- 18 Jun 2005 06:29
- 42 of 301
http://irl.racing-live.com/en/headlines/news/detail/050528222203.shtml
http://www.theiabm.org/index.cfm?RecordID=54&articleID=6874
EXOS was shown at Cabstat2005 earlier http://www.cabsat.com/newsletter3.html
EXOS details http://www.mrcbroadcast.com/press/EXOS.htm
MRC Shipment of TSSR Radio Systems Breaks 1000 Mark
Released 06 June 2005
Microwave Radio Communications (MRC), a Vislink Company, announced today that it has now shipped over 1000 of its TSSR tactical microwave communications systems. The TSSR is a transportable 15 GHz microwave system that was designed to support terrestrial relay of voice and data communications from satellite and troposcatter ground stations to tactical nodes and command centers. The TSSR has also been widely deployed for connecting approach radar and surveillance radar systems with remote air traffic control systems. Shortly after the achievement of this milestone, MRC received a new $4.6 million dollar order for TSSR systems.
These events mark important landmarks for our company, said MRCs president Tony Finizio. With global events such as they are, we are pleased to provide high quality, reliable products like the TSSR that our military continues to desire for its tactical capability.
Drawing from the experience gained in more than four decades of designing and building microwave systems, MRC has been supporting military programs since the Vietnam conflict, and continues to develop a broad range of products to solve demanding point-to-point and satellite communications problems. The TSSR transportable system can be quickly deployed in the field, and readily interfaces with TRI-TAC ICD baseband signals, or AN/TAC-1 fiber optic systems.
PapalPower
- 20 Jun 2005 16:47
- 43 of 301
A very nice 100K buy (31p) at above the offer price at the end today which is a good sign.
PapalPower
- 24 Jun 2005 16:35
- 44 of 301
I am expecting more decent contract news as well in the 2nd half from both MRC and Link so expect an upwards rating move some time later.
PapalPower
- 27 Jun 2005 09:42
- 45 of 301
squidd are you in for the dividend later this week ?
PapalPower
- 27 Jun 2005 16:17
- 46 of 301
Nice rise again today, should be more stronger buying tomorrow ahead of Wednesday.
PapalPower
- 28 Jun 2005 07:16
- 47 of 301
squidd we have now had late afternoon strong push ups for a few days running will it be the same again today or start early today. As it is the last day before XD tomorrow I am expecting strong buying again today, breaking through 32p will be a strong sign.
With IC saying they are good value and the Times reporting potential upgrades it all looks confirmed for a return to profit in early September reporting.
Grandma
- 28 Jun 2005 20:21
- 48 of 301
Thanks Guys for all this info. + enthusiasm.
I've held VLK since '95 (Silvermines then) when I first started trying to follow Bob Morton.
Hope is a case of patience rewarded.
Thanks again,
Grandma
PapalPower
- 29 Jun 2005 08:25
- 49 of 301
Grandma good to hear from you.
The price is rising again and its looking strong we might get more contract news and its only just over 8 weeks away now from what will be one of Vislinks best ever results in my opinion.
Some news;
http://www.hernis.no/docs/dynamic/2005_3.pdf
PapalPower
- 29 Jun 2005 09:19
- 50 of 301
The order book must be very strong today hoping we keep moving up.
Dividends
The Board is recommending a maintained dividend of 0.2p per share. The dividend, subject to shareholder approval, will be paid on 22 July 2005 to shareholders on the register as at 1 July 2005.
PapalPower
- 29 Jun 2005 09:45
- 51 of 301
Charter Broadcast use Link XP to capture historic Le Mans victory 2005-06-24
http://www.linkres.co.uk/news_details.php?uid=83
PapalPower
- 29 Jun 2005 11:09
- 52 of 301
London shares - midmorning features
AFX
Vislink 34-1/2 up 2-1/4
Talk of US and UK contract wins
DMI looks great and if we get contract wins this is going way way up.
PapalPower
- 29 Jun 2005 11:20
- 53 of 301
From Times On Line
June 29, 2005
Rumour of the day
Vislink rose p at 32p amid talk that the developer of broadcast TV technology could unveil a clutch of US and UK contract wins next week after the close of its first-half trading period tomorrow. Its Hernis CCTV division is also said to have secured orders in China.