Madara Share Discussion Threads

[cableguy00] 18/9/2003 14:46

A Harris > nice find, Cheers.

[rockoj] 18/9/2003 13:10

when will the name change filter through to the stock held ?

[ranoszek] 18/9/2003 13:06

Thanks. i am looking forward to the news spreading

[a harris] 18/9/2003 13:01

Because people still dont know about it. It may take till tomorrow to spread. Dont forget there is no investor interest in this company up until now. Its an unknown to the investment community in general.

[rockoj] 18/9/2003 10:48

bought into this stock (250k) this week but trade showed as sell.
just goes to show if the price is nearer to the bid price then it can mislead.

lets hope for good things.

[premierpompey] 18/9/2003 00:17

Did it move? Not according to the chart?

[cableguy00] 18/9/2003 00:11

Behaving in the same manner as when PCM bought their stake in MBF, also at less than the bid price (never mind the offer price)at the time.

[cableguy00] 17/9/2003 16:38

Great minds here too eh... ? LOL
See ye around tomorrow dudes
;-)

[ashleyjv] 17/9/2003 16:34

Same as you Cableguy

[cableguy00] 17/9/2003 16:30

ashleyjv > what's on yar mind m8

[irwinthegreat] 17/9/2003 15:30

not even vodafone can matched!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! lol

[irwinthegreat] 17/9/2003 15:26

on bloomberg most active mobilefuture!!!!!!!!!!! only maybe 10 trades, tha's a good one to remember

[guydaynes] 17/9/2003 14:51

Further thoughts on today's big trades at 0.225p ( 25M, 130M and 100M )...

I'm convinced its is pretty much a matched buy and sell. So who has sold?

There are only 2 holders of 100M+ shares. PCM ( 297M ) and Savoy Investment Management ( 106.45M ). I therefore guess the 100M trade is a sell by Savoy.

Next is the 25M trade. Apart from PCM and Savoy, I reckon there are only 2 other possibilities. Armstrong ( 27M ) or Bennet ( 40M ). I'm therefore guessing one of these two has also sold a fair chunk ( 25M ).

These two sells have been bought ( along with another 5M ) by someone as yet unknown.

That's my guess anyway.

[irwinthegreat] 17/9/2003 14:44

hi guys

this is starting to look cool. 230mill

[guydaynes] 17/9/2003 14:07

No doubt there must be a RNS in due course, but in the meantime we can all guess as to what we think might be happening.

Seen this before - someone's just sold some 130M shares, and someones bought them. PCM won't have sold. Of that I'm sure. Neither do I believe they will buy more - they can't without having to take MBF over. 130M is in the order of 11% of the issued share capital and equates to around £300k. Small change for some folk? I'll stick my neck out here. Edgar?

Time will tell I suppose.

[cableguy00] 17/9/2003 14:05

Or go panning for gold - at least we'd benefit from the exercise...lol...

[spurrier] 17/9/2003 14:01

Yes, we're the mushrooms alright. Can't see that PCM would have sold their shares in MBF as this would have made some disastrous impression on the price, would it not?

Don't y'all hanker after the good old days of the gold rush of '99? Turn on the screen and the blue arrows clicked up minute by minute and the "profit" grew and grew.....

Perhaps we should all be looking for stocks bearing dividends and get sensible?

Nah.

[songtrader] 17/9/2003 13:59

Boy! Price cast in iron today? All those shares thrown around and it is sitting pretty. Where is the catch? Trying to keep us guessing.

[cableguy00] 17/9/2003 13:36

Too true PP

[premierpompey] 17/9/2003 13:29

Just another of those situations where the only people who don't know what is going on are the people who own shares in a company (other than the board).

[cableguy00] 17/9/2003 13:09

Actually, it's possible that PCM are selling back the 24.95% stake that they bought - total of approx 297M shares @ mostly 0.18p.
In part, what this would acheive for them would make a certain amount of sense as they had said that it was an 'investment' as opposed to the original plan of a reverse takeover.
Ed Bronfman Snr had loaned them £1.3M @ 10% interest earlier this year and the profit PCM would make from selling back that 24.95% stake would yield them, guess what?, - yes - approx £130K, which, funny enough, is 10% of £1.3M. Pretty clever eh?? - that's if I'm on the right track...
There's got to be more reasoning to it also though. For example, PCM would no longer have a stake in MBF thus allowing the name-change to carry on smoothly to 'Bella Media' which we haven't been given a date for yet and ED Snr could purchase approx 43M shares in MBF with his interest payment.
On the other hand, PCM may have increased their stake to almost 50% in MBF getting the shares cheaply as they had in the past and the reverse takeover could soon be facilitated BUT what would the point of that be, so close to the name change.
Whatever's going on, you can be guaranteed one thing - it's being very carefully orchestrated still and ONLY the board members know what's going on.
All Imo naturally.
Anyone able to offer more theories?

[sseajack] 17/9/2003 11:57

and back up she goes...does that mean those 250m shares have been bought by someone ?.

[sseajack] 17/9/2003 11:44

mmmmmm and down goes the share price

[cableguy00] 17/9/2003 11:38

Wonder who offloaded 255M @ 0.225p ? Mmmmm...
RNS due & we'll see what's behind it then.