Catalyst Media Share Discussion Threads

[tonyx] 03/8/2007 08:15

Been waiting for this RNS.....so Im back in.

[theheadchef] 03/8/2007 07:20

Catalyst Media Group Plc ("CMG" or the "Company")

SIS Dividend Policy

CMG is pleased to announce that the board of Satellite Information Services
(Holdings) Limited ("SIS"), of which CMG owns 20.51%, has adopted a formal
dividend policy such that at least 50% of retained earnings are to be paid out
on an annual basis subject to cash flow requirements.

On 2 August 2007, in line with this dividend policy, the SIS board approved a
dividend of £10 million in respect of the retained earnings brought forward
balance as at 31 March 2007, of which CMG will receive £2.05 million, payable by
31 August 2007. The dividend will be applied in full to the repayment of the
Company's facility with Investec Bank (UK) Limited, which will bring the balance
owing to under £3 million. The Company's total indebtedness after this repayment
will then be reduced to under £6.8 million.

[long by name long by nature] 30/7/2007 22:42

plus the tax asset, handy to have some losses in the property world. Obviously this is just pure speculation...

The Market Cap is north of £10m, so error on this board's market cap.

[morgs] 30/7/2007 10:22

I have given up with this and look in occassionally.
I have personally written off my investment so I don't really care.If the bid goes over 1p I will be estatic!

But why are Gartmore still interested, now holding 21% or 1/2 billion shares?

Any gossip on the missing dividend?

This board makes it look like an investment company with a Property slant.
A listed vehicle has an intrinsic value of about £500k to 1m
So we have a net value of £1.8m ish for the remaining assets/liabilities

Strange goings on here.

[bsg] 18/7/2007 16:56

Some ones had enough ! can't blame them really, with 3.5 Billion shares in issue, there's sod all chance with this one.

[lplp] 13/7/2007 09:08

Please sell your shares Metallian!

[the_metallian] 12/7/2007 23:00

you mean it's all down to me? i'm holding this share back! i do that a lot.

[z1gzag] 11/7/2007 22:06

Because if you sell SIS will pay a huge divi and the share price will rocket the day after.

[the_metallian] 11/7/2007 22:04

Anyone got any reasons at all no matter how small, why i should keep this share? The only reason i kept them originally was because of the SIS dividend. Obviously something has changed at SIS that they will not be paying this dividend as expected, not to mention the dilution!, so why hold?

[long by name long by nature] 28/6/2007 22:51

from esop maybe...

[bsg] 28/6/2007 09:19

Is this dead ? Wasn't there a chance of hearing about the fabled SIS divi this month ?

[grahamburn] 14/6/2007 14:04

Has anyone an explanation for the strange price behaviour at around 1.30/1.45pm today? Down .25p and then straight back up without any sugnificant trading activity. It happened on Tuesday as well - and think it happened one day last week as well.

[lplp] 13/6/2007 10:07

Anyone heard anything on SIS divi/policy?

[long by name long by nature] 12/6/2007 22:14

Duffen has bought Hull FC - oh my word. The great thing about sports clubs is that you can make highly leveraged bets, options even, using sophisticated market makers - Ladbrokes, William Hill etc - where is my cheque book... I will have £10k (nothing compared to money wasted on CMX on Hull FC, please). 5/1, is that all I get for the odds on them to be playing div 2 football in 2 seasons time, I will leave it for now. Come on you Tigers!

[bsg] 12/6/2007 14:09

Those 2,000,000,000 shares haven't helped, greedy sods.

[treborbob] 07/6/2007 14:08

I cant believe that I took them up on their offer of more stock?

[treborbob] 07/6/2007 14:07

Looks like this is going skint?

[manonph] 05/6/2007 11:47

with the tote jumping ship i reckon the best thing they can do is
wrap SIS up and distribute what cash is left

[bsg] 05/6/2007 09:35

I now there is confusion about the divi, but there must be something happening ?

[manonph] 05/6/2007 09:32

what divi ?
have they announced that they are ever going to pay one ?

[bsg] 05/6/2007 08:36

Must be SIS divi time soon ?

[booster11] 01/6/2007 14:16

Does anyone on here know the markep cap for SIS.

Interesting to see a 2.5 million sell go through yesterday just above the bid. Also Tringo should be launched soon so newsflow on its way.

[grahamburn] 01/6/2007 11:36

Interesting RNS re: directorate change. Three new non-executive directors AND that they effectively represent shaeholdings of around 40% of the entire company. Wonder what they may have planned? (Neither here nor there, but Sir David Frost has moved on.....)