Apace Media Share Discussion Threads

[sbs] 19/8/2007 19:37

Topped up on Friday.

[humphbumph] 16/7/2007 09:54

TT: our musings have caused another drop in the bid price!

[torquayturk] 16/7/2007 09:34

Still alive and still holding on both accounts.
APA is definitely a 'work in progress' and a hold. Consoled by the fact that by the time we show a profit on this one the two years will have elapsed and thus only 10% GCT. Will look to buy more as figures come through over next 12/24 mths.
ERT a classic case of aquisition destroying value! I'm not too bothered in the short term as projected figures for 2008 show a P/E of 13 and for all the faults of the ERT management, they have been pretty conservative/accurate with their projections. If the figures come through then I can see a spike up to 50p, which will be an exit point for me. You never know, I may be lucky with the timing and put the lot on APA!

[humphbumph] 15/7/2007 16:45

TT are you still around? Still own APA? I'm still keeping the faith but the change in policy has put the jam off until the day after tomorrow. Because I'm not really a trader I'm afraid of coming out even for a couple of days in case my long wait has been in vain! Every time I take a close look I feel there are some pretty good prospects. The only fear I have is the 'quality' (and you know what I mean in these 'developing' countries) of the local management. It's the first time that I've had some of my finances reliant on Albanians!

ERT totally in the doldrums: only a takeover will now shake it from its CEO-induced slumber.

[humphbumph] 18/6/2007 15:49

Tipped today as a buy by Investor's Chronicle.

[welsheagle] 14/6/2007 18:58

Apace Media sees current yr revenue in line with mkt forecasts


LONDON (Thomson Financial) - Apace Media PLC said it is confident about the
future and expects current year revenue in line with market expectations.
The intellectual property and branded content company today reported a
pretax loss of 247,000 stg for the year to Dec 31 2006, compared with a loss of
496,000 stg for the comparative 18 months period.
On a like for like basis, the pretax loss from continuing operations for the
year was 116,000 stg, which compared with a pro forma 12 month profit of 25,000
stg for 2005, assuming all currently owned businesses were part of the group
throughout that period.
On the same basis, turnover for 2006 was 10.6 mln stg, up 98 pct from 5.3
mln in 2005.
Chairman and chief executive Didier Stoessel said all the group's operations
are performing well and the strategy of becoming a major investor in media and
other assets is on course and bearing fruit.
Stoessel also said the figures released today show a strong performance
given the high degree of business development investment during the period. The
balance sheet remains strong with net assets of 15.3 mln stg, of which 1.5 mln
is in cash.
But Stoessel said that, as the group focuses on developing the business over
the next few years it shall be investing in people, rights and marketing and
consequently it does not intend to propose a dividend for 2006.
"We will keep this policy under regular review," he added.
Stoessel said that, although the board is expecting full year revenue in
line with market forecasts the group's significant step-up in programming
investment for Diema+ and Diema Family will result in lower short and medium
term profitability for the businesses.
He said the directors believe that this programming investment will benefit
the group greatly in the following years.
The company's prospects are "excellent", he continued.

[welsheagle] 14/6/2007 18:56

Seymour Pierce reiterated their 'Buy' recommendation yesterday.

[humphbumph] 05/6/2007 12:00

Probably just an adjustment of the spread to keep up a little bit of interest.(The offer price has only gone up in the last hour.)

[dorisken] 05/6/2007 11:34

does anyone have any idea why share price up today...?

[humphbumph] 05/6/2007 09:42

Hurrah! Apace, so far, in the top 30 risers for today.

[staymour] 22/5/2007 10:31

jwe

online buys seem to be at 15.88, quite a bit inside the quoted price.

Were you actually quoted 16.5 for your buy?

[quixquote] 22/5/2007 10:17

jwe - if thats what you believe then don't deal online, but get your broker to make a proper effort for once.

[jwe] 21/5/2007 16:29

The MM`s are having a laugh here.PI`s have to pay 16.5p on a wide spread while trade buyers can pick up 250k lots at 15.5p

[welsheagle] 13/5/2007 19:36

From May's 'Company Refs', when price was 16.5p:-
a/ Prospective consensus forecast eps of 1.43 for next year (based on two broker forecasts, one recommending 'buy', and one recommending 'overweight').
b/ Forecast growth in eps of 98%.
c/ Turnover up from £0.25m to £1.34m in last five years.
d/ Net asset value of 18.1p per share.
e/ Four directors buying recently.
f/ Negative gearing of 29.5%
g/ Net cash per share of 5.34p.

[silent_angel] 12/3/2007 08:25

Just sold at 8% profit, bought ISD instead

[skyship] 08/3/2007 11:16

Large trades again today. Usually trades of this size indicate stock moving into more secure, even more knowledgeable, hands.

It is also encouraging that in the recent bloodbath the share price once again met support down @ the 15.5p/16.0p level.

Quietly confident that the prolonged basebuilding might soon provide the springboard for a successful breach of the psychological 20p resistance.

[silent_angel] 27/2/2007 09:59

Just bought 10000 at 16.08p for £1624

[jwe] 21/2/2007 13:12

I`ve just had a look through the CS note.Surely they have got the increase in interesr received as a result of the disposal wrong-it should be nearer £300k not £50k-or have i missed something?

[torquayturk] 21/2/2007 12:50

Got it. Cheers

[humphbumph] 20/2/2007 23:03

Seriously, though, no matter how good APA's prospects are shown to be, most institutions are precluded from taking a position by their own rules/self-imposed regulation from buying shares in a company under a certain market cap.

[humphbumph] 20/2/2007 22:56

It's only marked 'edit' on your own postings which means that if you wish to edit or change ANY of your previous postings you can do so . This gives carte blanche to dishonest participants like VQ who can and do change their postings to suit their own agenda. Just for fun please look at my posting 538. You will see that my powers of prediction are astounding.

[torquayturk] 20/2/2007 21:00

Humph, do you know why 'edit' is marked on all my postings?

[torquayturk] 20/2/2007 20:52

Thank you Humph.
Really interesting and confirms earlier thoughts. What I like about this tie up is the fact that they won't have to keep comng back to market for further capital and thus depressing the share price with undervalue rights issues/placings. Reinforces that credibility of the management all ways in my book.
Just by luck I sold a remnant of LLOY (don't laugh) at 5.99 and bought APA last week which brings my holding up to circa 70k (shares not £ sadly). I also hold circa 130k shares in ERT. Maybe the wrong way around?
As far as APA is concerned I think you can apply all the ratios you want but to be practical, with a business this size you can easily see how the City will move it from 'non league' football to 'league' football. That means a cap from £15m to say £25- £30m with so few shares on issue. Probaly will see Torquay United AKA Torex (originally a Torquay firm) going the other way!
Regards TT