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Tri-Tech Holding, Inc. Message Board

wk91766 8 posts  |  Last Activity: Mar 20, 2014 3:30 AM Member since: Jul 28, 2009
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  • wk91766 by wk91766 Mar 20, 2014 3:30 AM Flag

    Forget about OTT and mobile tv channels for HKTV.

    The HK govt wont give permission or blessing to HKTV. The communist is communist. Like lepart, they dont change colors.

    Ricky Wong has only two options now. Either sell the company to existing tv license companies and close shop or be a content provider/distributor.

    My investment in HKTV looks like its crash and burn.

    I hope I'm wrong.

  • Industry players say the entrepreneur needs a service that can penetrate households and 'reach housewives' if it is to be financially viable

    Internet television may be the future for both Ricky Wong Wai-kay and Hong Kong's TV industry, but difficulties in translating its impact into advertising dollars mean it is not yet a viable business, industry players say.

    While the entrepreneur made his first fortune from telecom and broadband internet businesses, he still needs a television service with wide penetration that can generate impact and advertising revenue, they say.

    Keith Li King-wah, a council member of the Hong Kong Wireless Technology Industry Association, said the success of Netflix, an on-demand video-streaming service founded in the US, and mainland internet television services such as Sohu TV and LeTV, showed the medium's potential.

    Other internet television viewing equipment, such as Apple TV and the Xiaomi set-top box, are also growing in popularity. An authorised local seller of the Xiaomi box has sold more than 10,000 in a month.

    "Even those who watch TVB dramas watch them on myTV instead of the television set," Li said, referring to TVB's internet service that is also available as a smartphone app.

    Li said he believed Wong, an expert in the telecom and internet business, should have incorporated all the developments in internet television into his Hong Kong Television Network (HKTV).

    "But in reality, he needs a service that can penetrate households to create an impact. Those who watch [terrestrial] TV don't use the internet, and internet users don't watch [terrestrial] TV. But you need those housewives to watch the programmes and talk about it to build the momentum," he said.

    "Even if you have internet TV, Borderline can never be Triumph in the Skies II."

    Borderline is HKTV's crime thriller and its first episode accumulated more than 1.3 million views over the past eight months. But TVB's Triumph in the Skies II, set against the backdrop of a

    Sentiment: Hold

  • Communications watchdog alarms tycoon by saying mobile TV station faces legal risks no matter what transmission standard it adopts

    Hong Kong Television Network is bound to face legal uncertainties no matter what transmission standard it adopts - but that is a risk the operator should bear, the broadcasting and telecom watchdog said yesterday.

    "Is this a trap?" responded HKTV chairman Ricky Wong Wai-kay, rebutting the contention of the Office of the Communications Authority (OFCA). "If I fall into this trap I will go to jail."

    The exchange came as OFCA refused to give Wong an assurance his station would be able to stick to one transmission standard for 10 years without having to worry about breaking the law.

    "We cannot predict what will happen in 10 years' time," deputy director-general of telecommunications Danny Lau Kwong-cheung said.

    Wong, who has pledged to seek a judicial review of OFCA's requirement that he get a licence for his planned mobile television service if he uses his preferred format, said the legal battle would begin in one or two weeks if there was no progress.

    OFCA earlier recommended that HKTV adopt the China Mobile Multimedia Broadcasting (CMMB) standard, suitable only for use on mobile phones, or the European DVB-H standard.

    It rejected HKTV's proposal to use the Digital Terrestrial Multimedia Broadcasting (DTMB) standard - used by free stations TVB and ATV. When more than 5,000 households can receive HKTV's service via antennae on their buildings, the station would require a free-to-air or pay-television licence on top of the mobile television licence it bought last year, the watchdog said.

    Wong turned to mobile TV after his application for a free-to-air licence was rejected last year.

    If the DTMB standard was adopted, more than two million households with sets or set-top boxes that can decode DTMB would be able to watch HKTV. If HKTV chose the DVB-H standard, it would not need another TV licence for the time being, the authority said.

    Sentiment: Hold

  • wk91766 by wk91766 Mar 17, 2014 11:27 PM Flag

    You can view TVB on phones, why not HKTV on TVs?
    This was the question Ricky Wong asked the Communications Authority as he demanded discretion over mobile-signal coverage

    Ricky Wong Wai-kay is asking the communications watchdog to exercise discretion and allow Hong Kong Television Network to broadcast its service for mobile devices even though the signals could be received on normal televisions, arguing that terrestrial broadcasters TVB and ATV can be seen on smartphones and computers.

    Wong asked the Office of the Communications Authority and the Commerce and Economic Development Bureau to sit down with him to clarify the situation instead of engaging in a war of words through the media. If not, Wong said he would go ahead with a legal challenge against the Communications Authority's rejection of his HKTV mobile television service.

    He said terrestrial free-to-air broadcaster TVB held a fixedcarrier licence issued through the Telecommunications Ordinance, under which only "internal telecommunications services between fixed points" were specified. So, Wong argued, TVB should not be offering services that infringe "any exclusive licence granted under the ordinance".

    Programmes from both TVB and the city's other current free-to-air broadcaster ATV could be watched on mobile devices whether on the street or in cars travelling at 80km/h - the service that was specified under the mobile-TV licence held by HKTV, said Wong.

    As he had been told to encrypt HKTV signals so that antennas at fixed locations would not be able to receive its broadcasts, he asked: "Why can't the Communications Authority tell TVB and ATV to encrypt their signals so that mobile devices on the road can't receive their broadcasts?"

    He said even if he adopted the authority's recommended transmission standard suitable only for use on mobile phones, he would still be at risk of breaching the law as technically it was impossible to make the HKTV mobile signal available to half of the population but at

    Sentiment: Hold

  • Reply to

    HK shares

    by dee_ocotillo_man Mar 10, 2014 10:27 PM
    wk91766 wk91766 Mar 10, 2014 11:50 PM Flag

    Its because of this.........

    HKTV (01137.HK) may violate Broadcasting Ordinance

    Eliza Lee, Director-General of Office of the Communications Authority, said at the Legislative Council Panel on Information Technology and Broadcasting that the mobile TV proposed by HKTV (01137.HK) 0.000 (0.000%) may violate the Broadcasting Ordinance, and the Office has delivered a gentle reminder through a lawyer.

    Lee noted that HKTV has a unified carrier licence, but the Broadcasting Ordinance states that any organization providing TV programmes to more than 5000 families needs to obtain a broadcasting license.

    Talk about what the HK goverment is doing to HKTV. There are putting so much obstacles at HKTV. Now this is becoming so obvious. Kiss freedom good bye in Hong Kong and China.

    Learning hard way to invest in China and Hong Kong. Getting burned by regluation and stupid government.

    Never trust communism.

  • Reply to

    Rumor mill

    by kohsuke538 Feb 27, 2014 2:38 PM
    wk91766 wk91766 Feb 28, 2014 2:16 AM Flag

    Here it is.........

    HKTV (01137.HK) reportedly in talks for leasing aTV channel
    2014-02-28 11:12:40

    Asia Television Limited (aTV) issued a statement last night confirming the removal of Liu King-bun (雷競斌) as the executive director of the company, and appointed the senior vice president as the executive director in place of him. According to market sources, the reason for Lui's removal is because he strongly opposed to aTV's controlling shareholder Wong Ching's plan to lease the aTV channel to HKTV (01137.HK) +0.130 (4.422%) .

    It is reported that HKTV's chairman Ricky Wong and Wong Ching are in talks regarding the lease of the TV channel. Spurred by the news, HKTV's share price once surged over 8% to $3.19.

    Sentiment: Buy

  • Reply to

    Share Repurchase Program?

    by qofaslave69 Feb 18, 2014 11:50 AM
    wk91766 wk91766 Feb 19, 2014 11:44 AM Flag

    Share Repurchase Program is always good. Specially NVO. For NOV with $15 billion annual sales with ZERO debt! Show me one other pharma company has that? none. That is why NVO commands premium price and with all that windfall cash flow, they repurchase shares and increase div payout every year.

  • wk91766 wk91766 Feb 19, 2014 11:35 AM Flag

    You give compelling reasons for HKTV potential but it does not reflect on the price of stock nor shares of HKTV. If your thesis is correct on HKTV, the volume would go up on a daily trading days, not necessary the share price. The volume on HKTV trading has been very miserable. You would think they would accumulate at this low price but I dont see it based on volume traded per day. So no one is acculumation or stock price going up anytime soon.

    The HKTV stock price will be in $9 or over $10 this summer when it gets close to launch. I have hugh position on HKTV. I am willing to hold another year to see if I will live in Penthouse or Odd house.

    Sentiment: Hold

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