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3parsnips - Wed, 14 Dec 05 :


World Television

Steady as she goes

Just (12) more "trading days" before we get to the WTV Year-end (31.12.2005)

From what I can see (WTV) is making good steady progress..no fantastic Large deals by the look of it..However I reckon that behind the scenes..steady progress is being made..with NEW contracts being signed...New clients coming on-board...More cross-selling across existing clients..increasing the average spend per client..making (WTV) more of a..One-Stop-Shop for their clients..no-need to go anywhere else etc..

I reckon that the (WTV) management team have more or less got the company into a position where-by the company IS now moving forward..more or less debt free..and is activly Growing the business into a profitable concern.

When we do finally get to see some sort of indication of the WTV "Full-Year" results I reckon that we will be reasonably satisfied with the progress that has been made...Increased turnover + Increased profits.

When this information does eventually get to see the light-of-day..the share price should rise to reflect the performance achieved..It should then be obvious to everyone that the current low share price of around 1p..is undervaluing the true value of WTV.

Of course we would all like to see announcements of some LARGE contracts being signed..to give the company and ourselves a bit of a boost..however they if they do materialise they will be the icing on the cake..we already have the cake itself...in the existing business.

It is however an Absolute-Disgrace that (WTV) do not keep their smaller shareholders better informed as to how well the business is progressing..we should be kept up-to-date with regular news items on the WTV website.

Up-to date news items on the WTV website are as we know few and far between,for a company that holds "Roadshows" around the world..to show "other companies" how to promote "Good Investor Relations"..it is about time that the WTV management looked closer to home and demonstrated better (IR) to their own Investors/shareholders

We know that WTV announced in October 2005 that they had signed up with the UK Gov Foreign & Commonwealth office (FCO) for a NEW 3 year contract to produce (BSN) "British Satellite news" for £1.5m per year with an option to continue for a further 2 years.

WTV has signed another recent 2 year deal with the (WEF) "World Economic Forum" to "continue the work" that they have already been carrying out with the (WEF)for the years 2006 & 2007.

It looks to me as though (WTV) will go on and continue to be successful in growing the business..and that the share price should steadily rise..and hopefully at some point in the future I could eventually get my investment cash back + some profit.

A fly in the ointment for me would be..if WTV somehow sold/merged/reversed..the business..while the share price is where it is now at around the 1p mark.

Good Luck to all (WTV) holders for 2006 and beyond

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3Parsnips


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