TV2 0.00% 0.8¢ tv2u international limited

How we all holding up ? Share-price not where we want it to be...

  1. 3,400 Posts.
    How we all holding up ?

    Share-price not where we want it to be but thats just the way it is with start ups as the market hasn't valued us yet - and its mainly due to no revenue forecasts - locked down (Sunfly is potential revenue and subject to certain things turning out - this app wont be rolled out until April this year )

    We will need future growth forecasts so the market can see where the money is coming from - we have seen all the news flowing about potential numbers however market wants to see fact - the other thing to remember is that we needed 6 million to open / expand the KL hub to enable some of the LOI agreements - unfortunately that didn't happen and we only raised 4 mill - a good start however slower than expected if we had raised $6 mill - so now we will have to be patient until we have the required money to expand the content hub in Malaysia - thats predominantly when we have been promoting the Karaoke side of things so we can generate the money we need to increase the channels from 10 to 150

    cheers and patience to all - its going to take some time

    Schu
    Last edited by Schumacher: 11/02/16
 
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