TV2 0.00% 0.8¢ tv2u international limited

Ann: Appendix 3B - Issue of Ordinary Shares and Unlisted Options, page-55

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  1. 249 Posts.
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    I have been buying, I recently got another 2 million shares, taking me to a total of 5 million.


    I would buy more, but I split my small cap portfolio between 4 different stocks and I try to keep an even balance between them.  TV2 is my largest holding by quite a margin at this point and I need to start paying attention to the others.


    I do not include sentiment as I feel this seems a lot like advice, I prefer to let other people make up their own minds.  


    They say that if you think hiring a professional is expensive then just wait until you hire an amateur.  Nick seems like a smart fellow and I am happy for him to get remunerated the way that he does just so long as he remembers that we expect some revenue this year, which I suspect we shall see.


    The business has only really kicked into gear from mid 2017 when it landed the first of its big deals.  2018 has been them trying to put the infrastructure in place to start making money from them, with the added bonus of the Africa contract.  2019 should be the year they start making their revenue.


    I could spend hours talking about the difficulties the business has, the capital raisings, responding to points that people make, talking about the wait that we have gone through over the last year (I was hoping for a share price rise in early 2018, so I understand the frustration.  I have learnt with these kinds of stock you have to buy and hold no matter what until the company is either a success or a tax loss) but I figure it is easiest to cut to the point.   For this end of the market, TV2 is not a bad company.  No risk, no reward.

 
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Currently unlisted public company.

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