Australia's largest stock trading and investment forum Australia's #1 stock forum

TV2

Click for more information

0.00%

0.8¢ tv2u international limited

Ann: Trading Halt, page-146

First 146 Last

Share
Profile

Follow
rugbysid

592 Posts.

89

03/02/18

11:27

Post #: 30791572
Share

Originally posted by Kristian333 ↑

Hi Rugbysid,

I have inquired previously about the announcements made mid last year of potentially other revenue streams.

All other projects are currently on the backburner as all the company's focus is on getting Brazil and Indonesia of the ground.

TV2U has only 30+ employees and limited capital, so priorities have to be made.

One thing for sure, that any positive cash flow will be immediately invested into the expansion of OTT services into other regions and into the projects such as the one you mentioned above.

TV2U is in the lucky position to have plenty of opportunities to enter into potentially highly profitable ventures.

My guess is that we see some of these ventures taking shape later this year.

The bottleneck for TV2U are not the business opportunities, it is capital and the staff count.

So the focus for investors is rightfully on subscriber numbers as this will determine the speed of development into other regions and the development of projects such as Smart cities, STB and so on.

K

Expand

Hi Kristian
Yes , I agree. I got a bit excited there and forgot that the ann specifically mentioned " in relation to its OTT entertainment service in Brazil;" (as mentioned by youmav)

TV2 Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Bitcoin: Current State of Play & Where to Next | Swyftx

BPT

Beach Energy profits fall -11% in FY24 on back of higher costs in Cooper Basin

Emerald & Azure score Digger & Dealer awards

JBH

JB Hi-Fi reports $9.59 billion in sales for FY 2024, snaffles home retailer E & S Trading Co

ARR

American Rare Earths to transfer US project to subsidiary; current CEO Swartz to move on

There are more pages in this discussion • 223 more messages in this thread...

First 146 Last

Add TV2 (ASX) to my watchlist