Cellcast Share Discussion Threads

[lyonst5] 16/1/2015 13:26

Good news i see and a major development as the bandwidth costs are major factor on the profit margins.

[davydoo] 08/1/2015 14:31

Got to take your chances lyonst, I remember getting 1m away at 1.4p on the original Sony rumours, only for the price to come back down swiftly the next day.

Tempted to buy them straight back though now, been a while since ive done any day trading.

[lyonst5] 08/1/2015 14:23

Strewth davydoo there must be a whole herd heading for the gate. Moo, moo

[davydoo] 08/1/2015 14:15

yes me ! lol

I got 150,000 away at 1.2p but do wonder who all the 100k sales were

[lyonst5] 08/1/2015 14:14

Nazrat, well there maybe many things happening behind the scenes but the fact is there is certainly one very stale bull out there.

[nazrat] 08/1/2015 13:17

So some movement here. Launch of Euro Tv planned for the start of 2015 or can we suspect a buyout is on the cards here, as it does seem a lot past sales of shares were being acquired by some unnamed group or persons.

[hedgehog 100] 25/10/2014 20:30

Please note the following thread which may be of interest:

"THE REVERSE TAKEOVERS & SHELLS THREAD (RTO)"

[davydoo] 26/9/2014 09:30

Painful to read the losses in Brazil. More than the market cap of the company.

[clocktower] 25/9/2014 17:52

Beware - Look at Mikes history before investing imo.

[davydoo] 25/9/2014 14:24

I agree lyonst, these things give confidence, even if only engineered to do just that.

The firm has time to restructure its business. It will be interesting to watch the progress.

Looks like someone has bought 1m shares today in 4 tranches.

[lyonst5] 25/9/2014 08:21

Good to see the interims out at 7am and not on the very last days of the month.
I would think that most was known and expected, the main point is the transition over to the gambling sector. The Sony sale has made the accounts look great and good to see the net cash they have, which is even higher than the market cap.

" As the Company's traditional UK market continues to decline the Group has invested in new genres of interactive multiplatform TV primarily focussing on the gaming and gambling sectors. These new businesses are expected to commence operation in the first quarter of 2015. "

[davidruk] 27/6/2014 13:15

Thanks davydoo again I appreciate you taking the time to attend. These are probably the best insights we are likely to get regarding what is happening to our company.

[davydoo] 27/6/2014 12:24

Good summary lyonst, thank you.

No details to add, but just to say I see the business has a very uncertain year ahead. There is no profitable core business from which to add on new businesses or support adjustment of loss making businesses. I think both of these strategies will have to work at the same time for there to be a meaningful adjustment to the value put on the business.

Twice the board have pulled off success in the face of adversity with recovering proceeds from India and selling to Sony. These were unexpected to me, but Brazil shows there can be unexpected losses too. I am sure there will be future surprises too, but I am happy with the strategy to focus investment with existing contacts & markets compared to going alone in new markets.

[davidruk] 27/6/2014 09:23

Lyonst sincere thanks for taking the time and trouble to let us have such comprehensive information.

[jk1206] 27/6/2014 08:37

Lyonst your feed back is appreciated, thank you.

jk

[lyonst5] 27/6/2014 08:14

Summary of the AGM held at Memery Crystal offices yesterday.
Present from Cellcast were Andrew, Emmanuelle and Mike. From the Nomad Allenby was James Reeve. Also the solicitor was present whose office we had invaded for the meeting.

A recap of the main points of the past years business.

- Difficult trading conditions on the adult side due to the main effect of the LCN changes with the Freeview channels and bandwidth costs.
- Losses in some of overseas adventures especially Brazil which ended badly.
- The move from central London to Milton Keynes went well with it drastically cutting costs and increasing the space available for the production.

The writings has been on the wall for sometime that the adult side of the business have been under pressure. As such steps have been taken to address this. The move to Milton Keynes has greatly helped cut costs but the big ongoing battle is to reduce bandwidth costs that cellcast pays to broadcast. Sky and Arqiva are the main bandwidth suppliers and getting a better deal is paramount for the profit margins to increase. The reorganization of the LCN's on freeview hurt as they got moved up the list but where still paying premium amounts, ongoing negotiations are still going on to resolve this issue.

The overseas ventures have had mixed results but the big hit has been in Brazil, There seemed to be lots of money to be made in Brazil but choice of partners was the downfall. Currently legal proceedings are taking place to recover some capital from this venture. South African venture has been hit by the devaluation of the Rand. Australia is going well but proving difficult to get airtime. Other more conservative overseas ventures are in the pipe line.
The approach for the future is that all measures are to be taken to work in safer business environments with people that they know and trust.

The two new investments made this year Euro TV and 2Giraffes are to attempt to get the business on a different track. Euro TV is looking to get into the gaming /casino side of things and is currently in the motions of being started up, so not to much detail as of yet. And 2Giraffes is looking more to enhance the adult side of things with the phoneerotica.com business.
Again with these partnerships they are dealing with known knowns and with people they can trust and work with.

The change back to Allenby Capital as the Nomad was a due to the better working relationship they had in the past, and with Zues they did not kind of work as well and if the business was being negatively effected they needed to change.

The question of delisting and reducing costs i bought up and was assured that they had considered this in the past but overall they want to stay listed.

The general impression i got about the meeting was there was an air of optimism as they had been though the darkest hour. Also mentioned they have more cash than market capital must help. I do hope now that we are going to see some real progress in growing the business and the profit margins.

P.S. Davydoo please add if there's anything i have missed.

[mariopeter] 26/6/2014 16:06

This company could not make a profit if it won a quintriple rollover lottery. Unbelievable.

[davidruk] 26/6/2014 14:46

Lyonst Thanks also for the feedback this really is appreciated.

[jk1206] 26/6/2014 13:00

Lyonst thank you for ur post, look forward to your views. Many thx once again.

jk

[lyonst5] 26/6/2014 12:57

Just a note to say Agm went well, with just davydoo and myself being the only shareholders present. So after the pretty horrendous past year they have had the future is maybe looking a little more positive. Will do a write up later.

[jk1206] 24/6/2014 08:43

Lyonst, i would be very grateful to hear your views after the agm visit.

jk

[lyonst5] 23/6/2014 20:44

Jk, I hope to make it to the AGM. And yes will be wanting to find out more about this latest venture and the return to Allenby as the Nomad.

[jk1206] 23/6/2014 17:41

Lyonst and others who know this company better, this RNS regarding a joint venture in Euro TV, looks bit wishy woshy. Partnership is with Atlas Group, which is run by CLTV directors, so now CLTV is in partnership with its own BOD. Is this the back door to use what ever cash CLTV have left in the kity.

Also this paragraph in RNS is very interesting especially the last two lines :-
"The Joint Venture constitutes a related party transaction under the AIM Rules for Companies, as the JV Partners control the Atlas Group of Companies, which owns 11.15% of Cellcast. The Directors of Cellcast, having consulted with the Company's nominated adviser, Allenby Capital, consider the terms of the Joint Venture to be fair and reasonable insofar as the Company's shareholders are concerned".

Hmmmmmmm....nice of them to consider shareholders........!!!

[jk1206] 23/6/2014 17:07

Lyonst thx for that, are you going?


jk

PS knowing CLTV BOD, most likely couldn't be bother with it.