LottVision   

Before you sell Lottvis share, please read this

Last year, your really caught them with their pants down!  Hahaha.

But this year they are trying the manoeuvre again.  Trying to place out 164,000,000 shares at a discount.

Hack them  Sell it down to 1 cents please!!!

ekekeg      ( Date: 29-Aug-2008 10:43) Posted: Lotvision shareholders can have company!! Hehehe. Insider purchases by directors at the giveaway price of 8 cents.   LOTTVISION LIMITED (Incorporated in Bermuda) (Company Registration Number: 32308) NOTICE OF CHANGE IN DIRECTOR’S INTERESTS The Board of Directors of the Company wishes to inform Shareholders that Mr Dennis Li Kin Keung (our Executive Director and Deputy Chairman) and Mr Paul Gao Xiangnong (our Executive Director and Chief Executive Officer) have each acquired 500,000 Shares in the Company from the open market today. Please refer to the respective Notice of Change in Director’s Interests broadcasted by the Company today for more details. BY THE ORDER OF THE BOARD Paul Gao Xiangnong Chief Executive Officer

 

Lotvision shareholders can have company!! Hehehe.

Insider purchases by directors at the giveaway price of 8 cents.

 

LOTTVISION LIMITED

(Incorporated in Bermuda)

(Company Registration Number: 32308)

NOTICE OF CHANGE IN DIRECTOR’S INTERESTS

The Board of Directors of the Company wishes to inform Shareholders that Mr Dennis Li Kin Keung (our

Executive Director and Deputy Chairman) and Mr Paul Gao Xiangnong (our Executive Director and Chief

Executive Officer) have each acquired 500,000 Shares in the Company from the open market today. Please

refer to the respective Notice of Change in Director’s Interests broadcasted by the Company today for

more details.

BY THE ORDER OF THE BOARD

Paul Gao Xiangnong

Chief Executive Officer

 

LottVision, the Hong Kong-based technology solutions provider for lottery and video surveillance industries, is penetrating China's Web TV market through an acquisition. It said yesterday it is acquiring China-based Tian Tian Zai Xian Services for US$5m. The acquisition, to be internally financed, is expected to be completed by Aug 31.

LottVision expects to leverage on Tian Tian's 15-year contract to provide technical services to Beijing Online Jiu Zhou, one of the 7 licensed Web TV operators in China. Such a licence enables a provider to provide Internet television and video-related content, as well as news information services.

iResearch, an Internet research firm in China, expects the number of online video users in the country to more than double, from 170m in 2007 to 390m in 2010. LottVision expects the Web TV industry to generate revenue from advertising as well as subscription and downloading fees. It cited research from iResearch, which expects online video advertising to increase almost 7x from RMB410m ($80.7m) in 2007 to RMB2.7bn in 2010.

LottVision is also buying the remaining 25% stake it does not already own in subsidiary Sino Gear Force for HK$23.5m ($4.1m) through the issue of new LottVision shares.

 

Haha want to make profit from lottery business???? Is it a monopoly business??? Like Singapore Pools? perhaps they are happy you keep paying administration,operation and management fees. Invest with care.

 

 

FY08 results.

profit of HK$16.2m, which was a reversal from a net loss of HK$15.8m in the

previous year. The net profit was due mainly to a realised gain in the amount of

HK$166.9m from the disposal of 20% of PAL Development Limited to Melco

LottVentures Limited. This gain is offset by goodwill impairment in Huge Hill Limited

and China-Vision Intelligent Card Reader Co. Limited in the amount of HK$32.0m

and HK$30.0m respectively.The goodwill impairment is due to a strategic shift from

its surveillance focused business to technology-enabler of choice for the lottery and

internet related businesses.

Management Outlook.

China. It believes that the lottery industry is poised for exponential growth as the

introduction of new technologies, products, service offerings and distribution

platforms will escalate the development of the industry.

Downgrade to HOLD recommendation, fair value reduced from S$0.38 to

S$0.13.

a fair value of S$0.13 per share for LottVision. We have reduced the fair value as we

believe there is high risk in Lottvision’s lottery business. LottVision has not derived

substantial cash flows and profits from its current investments. It has also not been

declaring dividends to shareholders. We have also cut our estimates for the growth

in revenue.We use a five-year Discounted Cash Flow (DCF) valuation method to driveLottVision will seek growth in the lottery-related business inLottVision reported FY08 turnover of HK$5.6m (-65% yoy) and net

 

LottVision

Stock remains highly speculative

3 June 2008

FY08 results.

profit of HK$16.2m, which was a reversal from a net loss of HK$15.8m in the

previous year. The net profit was due mainly to a realised gain in the amount of

HK$166.9m from the disposal of 20% of PAL Development Limited to Melco

LottVentures Limited. This gain is offset by goodwill impairment in Huge Hill Limited

and China-Vision Intelligent Card Reader Co. Limited in the amount of HK$32.0m

and HK$30.0m respectively.The goodwill impairment is due to a strategic shift from

its surveillance focused business to technology-enabler of choice for the lottery and

internet related businesses.LottVision reported FY08 turnover of HK$5.6m (-65% yoy) and net

Management Outlook.

China. It believes that the lottery industry is poised for exponential growth as the

introduction of new technologies, products, service offerings and distribution

platforms will escalate the development of the industry.LottVision will seek growth in the lottery-related business in

Downgrade to HOLD recommendation,

fair value reduced from S$0.38 to

S$0.13.

a fair value of S$0.13 per share for LottVision. We have reduced the fair value as we

believe there is high risk in Lottvision’s lottery business. LottVision has not derived

substantial cash flows and profits from its current investments. It has also not been

declaring dividends to shareholders. We have also cut our estimates for the growth

in revenue.

(Phillip Securities Research)We use a five-year Discounted Cash Flow (DCF) valuation method to drive

 

This stock seem like never going to recover fr the bad fall.. I still holding on to tis stock, hopeing its will recover n chiong like the past, but almst a yr hav gone, its still seem like 1/2 dead.. sobsob

 

Seems to be trading at 13.5cents most of the time. This one can still play?

 

Looks like the shortist are out having a good time. :)

 

Hey fellow investor, I am eyeing on the stock too. But I will go in, after the morning dip. The stock has good potential to view it as a long term basis. I bet my Penny on it.

 

 

It is because today is not the right time to speculate. Just buy it as much as you can effort. It will shot up like mad very soon.

 

Strange no volume for this stock today. Anyone know what reason?

 

They can recommend anything. Whenever they do, the shares price drop....

hehe.... don't know is it coincidence..

 

Last year prior to the "SGX collapse" in stock prices, DBS brokers were calling a buy with TP 0.90 cents.  It didn't even smell anything around 50 over cts when it tanked forever to below the 20 cents mark at 0.12 before climbing to 15 cts.   

I think it can't go much further, but this counter is a crazy horse and can spike at the least suspected time.  Quite risky if you buy and sell on contras. Must hold and see whether it can maintain its profitability in the near future.

 

Yeah. Phillip Security target fair value at $0.38

 

recommended by Philips security to BUY at 0.14 cents.

 

A week have passed. What is the situation now? will it continue its upward trend?

 

Unfortunate thing abt this share is that many people thought it was like sh*t and suddenly its bottomline reversed.

I believe it will inched up steadily when the bbs collect at every half cent level. 

Sometime back, I told my friend to put all his spare cash on this counter, felt guilty!! Made a wrong reccommendation to him and it started to fall and fall from 50 cents to 12 cents.

 I think it is recovering.now and who knows what will happen?

 

Seem support level at $0.17 now.

 

It will chiong more likely because of its unexpected good results and profits.  I hope I am right. Have bought and sold on the counter quite often. Still holding some and will not sell again.