Brightview

 

This page may soon have abbreviated notes from the 2001/2003 RNS announcements and other info.

Enquiries.

Contacts

Stephen Hargrave, Chairman, Invox plc

Tel:0207 242 0735

London

Jerry Reidy, Finance Director, Invox plc

Tel:0121 214 9900

Mark Percy, Seymour Pierce Limited

Tel:020 7107 8000

Detailed price quote

Delayed by 20 mins

Price with graph

Price delayed

Next important date.

3rd qtr results 29-Jan-03

INVOX was a shell company from "Print Potato.com" which I bought into on requote at 1p.

The share price range has been between 1p and 3.5p in 2001/2003 (recent 1.5p)

Brightview Website

The shares have been consolidated. 100 old = 1 new, so the equivalent prices are 100p and 350p (see above)

Talk Talk

A "Free broadband" competitor messes up customer relations.

3 October 2006

In April 2006, the company offered 'free broadband forever' to anyone signing up to its international calls package. Since then, hundreds of viewers have sent letters and emails to the programme every month. Many signed up to the offer, but never received the free broadband.

Leigh Skuse, from Pontypool, signed up in May. Since then, she managed to get online for just three weeks. She continued to pay her monthly bills, and Talk Talk also charged Skuse for calls she made to the company's technical support line trying to resolve the situation.

Vie Marshall, from London, also signed up in May 2006. Talk Talk never connected her to the internet, and on three occasions, it lost her details. Even more frustrating were the calls Marshall had to make to the company's call centres. On one occasion, she spent 56 minutes 40 seconds on the line.

Donald Beal, from London, was so unimpressed with the company's customer service, he cancelled his contract after seven weeks. Talk Talk acknowledged his cancellation, but continued to bill Beal for a further two months. The company ignored his letters, emails and phone calls, referring his account to debt collectors.

Nicky went to meet Charles Dunstone at his headquarters to find out why Talk Talk's 'broadband revolution' was floundering. In reception, by chance, he met two more angry customers. They'd travelled to the company to complain in person about the service they'd received.

Dunstone said he was disappointed so many people had complained to Watchdog. He said: "Talk Talk is connecting hundreds of thousands of people to free broadband every week." He added that half a million have already signed up and the offer has been so successful, the company has been overwhelmed.

He explained that he has hired many more staff and that by Christmas, anyone calling a Talk Talk call centre will speak to a human, not an automated voice. Dunstone added that he has introduced a process for handling cancellations and outstanding accounts, saying: "I got it wrong. I didn't realise that free broadband was going to have the effect on people it has."

Carphone Warehouse, which owns Talk Talk, has apologised to all the cases featured, and has offered refunds to some of them.

Invox PLC - Final Results
RNS Number:9949P
Invox PLC
22 September 2003

Invox plc ("Invox" or "the Company)

Preliminary Results for the year ended 30 June 2003

Highlights:

 1. Major advance on previous year
 2. Pre-tax profits £6.1 million before goodwill amortisation
 3. Earnings per share 27.0p before goodwill amortisation
 4. Strong cash generation
 5. Annual dividend rises to 20p (2002: 7p)
 6. Encouraging start to the current year

Chairman's statement

I am pleased to report that the year to 30 June 2003 was an excellent one for the Company. We are in a very good position to achieve further progress.

Profits before tax and amortisation of goodwill were £6.1 million (2002: £3.4 million). After amortisation, profits before tax amounted to £5.0 million (2002: £2.6 million). The 2002 results included only 10 months for TPC Telecoms Limited, the business acquired during that year, which forms the group's main trade. Like-for-like 12-month profits before tax and goodwill amortisation were £6.1 million (2002: £4.4 million), an improvement of 39 per cent. Diluted earnings per share were 27.0p before goodwill amortisation (2002: 20.3p), and 20.3p after goodwill amortisation (2002: 13.5p).

The directors are proposing a final dividend of 16p, which means that the total dividend therefore rises to 20p, compared with 7p last year. We generated more than £4.8 million cash in the course of the year, so even after the payment of the final dividend costing £2.6 million we would still have had net cash of almost £4.5 million as at the date of the year-end balance sheet: more than enough for our anticipated needs. In future years consideration will be given to buy-backs of the Company's shares as a means of returning cash to shareholders.

As well as producing strong financial results, the last year has also seen significant developments in the Company's business which in the Directors' opinion make it much stronger than it was a year ago. We see ourselves increasingly as a home gaming company, and the results demonstrate the great strength of our proprietary database of customers. Some three million customers are now registered with us, giving us, we believe, the country's biggest database of known home-gamers. Most of our profit comes from existing customers, and our aim is to make it enjoyable and rewarding for them to participate in the games and come back for more.

We are keen to market other home gaming products to our customers and a number of trials are either underway or about to begin. These trials are designed to assess the appetite of our customers for services such as paid-for internet games, interactive TV gaming and fixed-odds betting. Our financial risk on these trials is minimal.

The bulk of our revenue comes from premium-rate telephony, but in recent months we have seen a growing number of customers choosing to respond to the competitions by SMS messaging. Not only is this more convenient for some customers, but in our opinion most of it is new, incremental business. Among our objectives for the current year is to build one of the largest opted-in SMS databases in the country, which should provide a number of new opportunities.

Above all, however, we are looking forward with confidence to progress in the Company's core business. The Company's success up to now has been based on unbranded competitions. We are only just beginning to consider the possibilities for branded promotions linked to well-known consumer entertainments.

Shareholders

During the year we have welcomed a number of institutional investors to the register.

Current trading

Although our trading year starts with the quieter school holiday months, business so far has been encouraging. We are confident that the year should bring further improvement in the core business and some interesting developments outside the core.

Dividends

If approved by shareholders at the Annual General Meeting to be held on 07 November 2003, a final divdend of 16p per share will be paid on 28 November 2003 to shareholders who are on the register on 31 October 2003.

Stephen Hargrave 22 September 2003
Chairman

Invox PLC - Trading Statement

RNS Number:2758N

Invox PLC

08 July 2003

Invox plc ("Invox")

Trading statement

The Board of Invox is pleased to announce that profits for the year ended 30 June 2003 are now expected to exceed market expectations. The preliminary results will be announced in September.

Current trading remains strong.

Further information:

Stephen Hargrave, Chairman 020 7242 0735

Mark Percy, Seymour Pierce 020 7107 8000

Allan Piper, First City Financial 07050 203304

 

Tipsheet

The company was tipped earlier in 2002, but has fallen through the "stop loss" limits they set. This was perhaps as a reflection of market conditions in general rather than any change in prospects.

29/01/2002 - 07:00 Invox PLC [INX] Interim Results

RNS Number:6218Q

Invox PLC

29 January 2002

 

Invox plc Invox or the Company

Interim results for the nine months ended 31 December 2001

Highlights

Profit of £1.90 million (pre-goodwill) includes only four months of TPC Telecoms

Pro-forma pre-tax, pre-goodwill amortisation profit of £4.04 million for nine months to 31 December 2001

Maiden dividend of 0.03p per share

Current trading strong

Acquisitions under consideration

2002

Chairman's statement

I am pleased to report that Invox has continued to benefit from strong trading. The Company's first dividend will be paid next month.

In the nine months to 31 December 2001 Invox made profits of £1.90 million before tax and amortization of goodwill, which compares with a loss of £791,000 in the corresponding period in the previous year. This is the second interim announcement the Group is making for the 15 month period ending 30 June 2002. It is required because of our change of year-end to 30 June, which brings it in line with that of our main trading subsidiary, TPC Telecoms Limited (TPC).

However, the nine month period includes only four months of trading from TPC, which was acquired on 30 August 2001. Pro-forma profit before tax and amortization, including TPC, for the full nine months was £4.04 million derivingfrom turnover of £13.40 million.

Earnings per share before amortization for the nine months amounted to 0.16p taking into account only four months of TPC, but would have been 0.19p with TPC included for the full nine months. The Directors are therefore pleased to announce a maiden interim dividend of 0.03p per share.

Trading remains strong. TPC's activities are currently confined to the UK and Ireland but management are hoping to run trials in other areas of the EU in the next few months. We are also looking at opportunities in the premium-rate Short Messaging Service (SMS) market, which appears to have great potential. Success in other European Union countries will depend on the regulatory environment as it does in the UK, and with that in mind the Board is also keen to broaden and diversify the Group's trading activities. We are considering a number of possible acquisitions, and shareholders will be kept fully informed. Otherwise our next scheduled communication with shareholders will be when we announce results for the 15 months ending 30 June 2002.

Stephen Hargrave Chairman

29 January 2002

Dividends

An interim dividend of 0.03p was paid on 28 February 2002 to shareholders on the register at close of business on 8 February 2002.

Page created 15th April 2002 Edited . Jan. 4th. 2007