Bella Media Share Discussion Threads

[iloveit] 06/3/2008 14:26

like Z group up as a cash shell today ,Bella is definatly one to watch now .

[iloveit] 05/3/2008 14:01

get the feeling this is going to turn into a massive cash shell !

[abadan2] 26/2/2008 15:29

Agreed, soneone should try to make a booking

[aritchie2] 25/2/2008 15:56

Ozz somebody should try to make a booking and see what happens.

[casabella2] 25/2/2008 15:24

Ive got an issue, we,ve been robbed.

[iloveit] 25/2/2008 15:15

are the details on website correct any issues?

[ozzmosiz] 24/2/2008 19:07

Does this make anyone else mad??

[iloveit] 21/2/2008 14:52

any buyers?

[psps] 19/2/2008 15:28

This is dead as a DODO

[dusseldorf] 17/2/2008 19:23

iloveit - something may happen around 6 months down the line. Effectively now a cash shell with approx £250,000 cash (burning around £80k/year), the company has no option but to reverse acquire another - this process can take months and sometimes years. However, the clock is now ticking and the company has 10 months left before being suspended from the stock exchange and a further 6 before being delisted. Market cap around £300k is about fair at present - though may drift lower as people get bored waiting. Interesting comment highlighted in bold below:

The Investing Strategy

AIM Rule 15 states that where the effect of a proposed disposal is to divest the AIM company of all, or substantially all, of its trading business activities, the company will be treated as an investing company. The Company's investing strategy to be implemented following the Disposal and Placing is set out below and will require the approval of shareholders at the EGM. The Company will then have to make an acquisition or acquisitions which constitute a reverse takeover under Rule 14 or otherwise implement the investing strategy within twelve months of having received such consent from Shareholders, failing which the Company's shares will be suspended from trading on AIM.

Further to approval at the EGM, the New Board will seek to acquire undervalued or underutilised assets, companies or businesses in and around Europe in the energy or natural resources sectors that are either profitable or where is a clear path to profitability. It is the intention that such companies will have high growth potential and be of a scale and value that will attract institutional investors. The Company may be either an active investor and acquire control of a single company, or it may be a passive investor and acquire minority interests in one or more companies. The New Board anticipate that the management of an acquired company will have the expertise necessary to operate and develop that business.

The New Board believe that their broad collective experience in corporate finance and corporate broking together with their extensive network of contacts will assist them in the identification, evaluation and funding of acquisition targets. When necessary, other external professionals will be engaged to assist in the due diligence of prospective targets. The New Board would also consider bringing on board additional directors with relevant experience ahead of a transaction in the energy or natural resources sectors.

[aritchie2] 14/2/2008 11:50

I attach a copy of the circular recently sent to shareholders, giving details of the strategy under 5. This information is also available from the company's website. If you seek further information in this regard, I suggest you contact Peter Redmond on the number below.

Regards

Hugh Fleming
Company Secretary

Bella Media Plc
7th Floor, Aldermary House
10-15 Queen Street
London
EC4N 1TX

Tel: [phone]
Fax: [phone]
Web: www.bellamediaplc.com

I recieved this on querying what the company was doing.

[iloveit] 01/2/2008 09:53

ANYTHING HAPPENING HERE HAS THIS GOT ANY CHANCE?

[sergelioutyi] 28/1/2008 09:29

R.I.P
BLL

[clivee] 17/1/2008 11:32

I think the price has fallen because people are so pi--ed off they are selling there shares.

And why would any one buy into this now. What furture has it, what assets have they got that any one wants.

Also we now have directors who have brought a load of shares in a company without any chance of making it, how big is their brain.

Tree shaking what on earth does that mean here.

[northernrocks] 16/1/2008 13:09

hmm seems very fishy here ,they are doing their utmost to get rid of shareholders here ,treeshaking whatever, they want that stock back!
very shrewd work here by managment and so far there has been no buying back by anyone here so get the feeling no news is GOOD NEWS HERE.
i am sure they will not wait any longer and decide to jump in very soon ,of course they have to watch out for buyback fraud i think ?but hey they have got away with it so far !

[sirshagalot] 16/1/2008 11:14

these guys should be on telly as paul daniels,poooof!!! and its gone!!.
now they are an investment company? what in chocolate teapots
?.

[clivee] 15/1/2008 16:28

northernrocks: How many of the above shares as a % are in the hands of either Directors or past directors because i made it over 50% and i don't class them as Public.

I also thought the new directors brought the 18m new issure at the time of the consoladation + all the loose ones under 500,000 that pi's lost. or am i reading the RNS wrong.

[northernrocks] 15/1/2008 15:10

Shares in Issue 40,893,956

In so far as it is aware, 92.3% of the Company's AIM securities are in public hands and tradable on the Alternative Investment Market. 7.7% of the shares are held by related parties. No shares are held in Treasury nor are they tradable on any other exchanges. There are no restrictions on the transfer of Bella Media Plc shares. The Company is aware of substantial or significant shareholdings as defined in the AIM rules, and these are listed below.

Shares % of Total
Mr E M Bronfman Snr. 3,192,618 7.81
Mr R Armstrong 1,595,370 3.90
Mr F J Weinert 1,379,108 3.37
Mr S Crisman 1,339,108 3.27
Mr P Redmond 815,000 1.99
Mr A Legge 741,185 1.81
Fiske Nominees 7,621,110 18.64

The Company has been informed that the Fiske Nominees holding of 18.64% of the issued share capital includes the shares held by Mr R Armstrong.

[northernrocks] 15/1/2008 15:02

BELLA MEDIA Plc

Bella Media's home page:

Site link:-


BELLA MEDIA Plc

The Company has undertaken a complete change of strategy as set out in the document above which was approved by shareholders at the Extraordinary General Meeting held on 28th December 2007.

Accordingly, the Company is now classified as an investment company.

An outline of the investment strategy is given on the Strategy page.

[clivee] 14/1/2008 12:12

Looks as if BLL is going to be 33% down since new directors took over 1/01/08
Must be fair i doubt if they have had their first coffee morning yet.
Money for old rope is'nt boys.
Would be nice if you got up off your back ____ and did something.

[clivee] 14/1/2008 10:05

Well how strange is that 2162 shares showing as a sale. I thought all shares were div by 500,000 & then X 5,000 all odd shares were sold for the benifit of share holders.

There has not been a sale of 2162 shares showing on ADVFN since the consoladation. Unless someone is investing £22.00 in to BLL and got a magic price which i would say would be a very good investment. ?????

The closer you look at this company the more confused you get.

[aritchie2] 14/1/2008 08:33

what I dont understand as the cinema was almost finished what happened to all the assets from that?