Madara Share Discussion Threads

[a harris] 19/9/2003 15:33

I thought it was funny cable. Like this company. Of now to search for other fair chance prospects...
maybe speak over the w/e depending on news

[cableguy00] 19/9/2003 14:34

Looks like everyone's gone to find their Inner Peace... lol...

[cableguy00] 19/9/2003 11:44

Humour Pause (being Friday an' all)

I am passing this on to you because it has definitely worked for me.
By following the simple advice I read in an article, I have finally
found inner peace........the article read:


"The way to achieve inner peace is to finish all the things you've
started."

So I looked around the house to see all the things I started and
hadn't finished....and before coming to work this morning I have
finished off a bottle of Bacardi, a bottle of red wine, a bottle of Jim
Beam, my Prozac, some valium, a small box of chocolates and 2 litres of
Fosters Lager, a 1/2 can of cider, a large reefer and some cheese. You
have no idea how good I feel....

You may pass this on to those you feel are in need of Inner Peace...

[cableguy00] 19/9/2003 11:07

Just spoke to Beaumont Cornish Ltd re listing of new name on the LSE and was told that generally this action is performed 'fairly quickly'. When I said that it was decided to change the name on the 10th Sept, after a pause the chap said 'all I can say is that it's imminent' - sorry, best I can do for now.

[cableguy00] 19/9/2003 10:31

BTW > I'm trying to find out through my on-line broker when the name-change will actually occur. Will post when they answer.
Regards

[cableguy00] 19/9/2003 10:25

Guy & AH > good stuff dudes ;-)

City Equities are clearly getting in early on with what is probably a 12-month outlook for their clients. From memory, a client of theirs needs to have a minimum of £3,000 to invest with them, but that's only a minimum.
Considering their stature in the financial industry, the word will certainly filter around now and I would not be surprised to see more institutional investing in the near future.
More significantly though imho is that with there not being any doubt more funding will be required in the future to build more cinemas, the fact that at least one institution is showing an interest at this early stage, I cannot see a problem with raising those funds without the share price being affected even if further shares were to be issued as I'm confident they will most likely be over-subscribed to thus endorsing the new business model further.
The back-up to this funding requirement is of course also the deep pockets of those already with a vested interest - apart from Edgar Snr., IMAX themselves.

I've always said that this is a long-term play and the fact that City Equities are now in the picture (pardon the pun) goes some way towards endorsing my personal view.

This is not intended to be a ramp for MBF if anyone unfamiliar to recent events is having a look in so take my observations with a pinch of salt for now. Confidence is higher now though.

Good Luck all
Cg00

[sseajack] 19/9/2003 07:29

its all good news lets hope it keeps coming

[ranoszek] 19/9/2003 07:23

a harris

thanks for your great research,well done.

[a harris] 19/9/2003 07:17

Sep. 19, 2003

Springfield to get 3-D screen via Imax, Bella

TORONTO -- Giant-screen exhibitor Imax Corp. said Thursday that it closed a deal with the U.S. division of Britain's Bella Media Plc. to open a 3-D large-format theater in Springfield, Mo., in July. The theater, via Bella Media's U.S. arm Bella Films, will be opened next to the American National Film and Wildlife Museum in Springfield. Bella Media, originally in mobile phones, formed Bella Films this year, with Los Angeles-based documentary filmmaker Steve Crisman as its president and Thomas Gilmore -- formerly vp at Universal Studios CityWalk -- as its executive vp, with an eye to building Imax theaters and producing large-format films for Imax theaters.

[ranoszek] 19/9/2003 00:55

Woah!!!
Why no reaction in the share price?

[sixpintsid] 19/9/2003 00:44

We just need the RNS about what happened yesterday.

Sid

[a harris] 19/9/2003 00:42

Major, major news

[a harris] 19/9/2003 00:31

brough back to top so that this major news does not get missed.

[a harris] 19/9/2003 00:22

Thursday September 18, 12:00 PM


IMAX and Bella Films team up to open IMAX theatre as anchor attraction at Missouri's largest retail attraction
Toronto and Springfield, Missouri, September 18 /PRNewswire/ -- - Bella Films launches initiative to potentially open multiple IMAX theatres in destination locations around the world

IMAX Corporation and Bella Films, the US division of Bella Media


PLC, today announced that they have signed an agreement to open a new IMAX(R) theatre at the Bass Pro Shops Outdoor World retail and Wonders of Wildlife museum campus. The opening of The Bella IMAX Theatre in July 2004 begins a relationship that may ultimately include both contracts for additional IMAX theatres and the production of large format films for IMAX theatres by Bella Films.

"We are thrilled that, with this theatre, we are starting a relationship with Bella Films that may include additional IMAX theatres in domestic and international markets as well as new film product," said IMAX's co-Chairmen and co-CEO's Bradley J. Wechsler and Richard L. Gelfond. "We are excited by the opportunity to provide The IMAX Experience(R) at this extremely popular destination, which offers a diverse selection of family entertainment options. We are optimistic about IMAX's success at this retail-oriented theatre based upon our past experience with this type of venue."

"I am looking forward to introducing new opportunities to what I believe will be an exciting period for the burgeoning 'edutainment' industry," said Edgar Bronfman, Sr., Deputy Chairman and Director of Bella Media PLC. "IMAX's ongoing commitment to providing high-quality family entertainment through its library of traditional IMAX and IMAX(R) 3D films, as well as Hollywood event films, complements this effort."

"We are excited to include IMAX as part of the expansion plans for this retail and museum campus, which attracts over 4 million guests per year," said Fred Weinert, CEO of Bella Media and Bella Films. "IMAX was selected as an anchor attraction because of the unique and exciting cinematic experience it will offer visitors of Bass Pro Shops and the museum"

The Bella IMAX Theatre will be centrally located between the campus' main attractions, the Bass Pro Shops and the American National Fish and Wildlife Museum, which will be expanded to include construction of an education centre and other exhibits. With 3D capability, the new 355-seat IMAX theatre plans to open with the upcoming release of NASCAR 3D: The IMAX Experience. Spanning an area of over 350,000 square feet, this fully integrated educational and retail facility will be extended by approximately 39,000 square feet for the development of all three facilities.

About Bella Films

Bella Films, the US operating entity of parent company Bella Media PLC is headed by Steve Crisman, President of Bella Films and a well-known documentary filmmaker based in Los Angeles. Bella Films' Executive Vice President is Thomas Gilmore who was previously Vice President of Universal Studios City Walk during the development of the IMAX Theatre in that location. Bella Media PLC is publicly listed on the AIM Exchange in the United Kingdom. The company name was changed from Mobile Future, PLC on September 10, 2003.

About IMAX Corporation

Founded in 1967, IMAX Corporation is one of the world's leading entertainment technology companies. IMAX's businesses include the creation and delivery of the world's best cinematic presentations using proprietary IMAX and IMAX 3D technology, and the development of the highest quality digital production and presentation. IMAX has developed revolutionary technology called IMAX(R) DMR(TM) (Digital Re-mastering) that makes it possible for virtually any 35mm film to be transformed into the unparalleled image and sound quality of The IMAX Experience. The IMAX brand is recognised throughout the world for extraordinary and immersive family entertainment experiences. As of June 2003, there were more than 235 IMAX theatres operating in 34 countries.

IMAX(R), IMAX(R) 3D, IMAX(R) DMR(TM) and The IMAX Experience(R) are trademarks of IMAX Corporation. More information on the Company can be found at .

[a harris] 18/9/2003 22:38

Guy. Thanks. As stated, I like the look of this. I tend to jump in and out of the market but I like to try to spot good positions like everyone else. This one sounds very interesting indeed.

[v0d00child] 18/9/2003 20:33

Guy very complicated indeed, some of the picture may unfold - "Pacific Media will be releasing its Interim Results for the 6 months ended 30th June 2003 by the end of September 2003."

[guydaynes] 18/9/2003 19:58

a harris

As I said, it's not straight forward, but as I understand it the situation is as follows:

Bella Films ( main stakeholders and directors are Weinert and Crisman ) stated the project.

They have ( or will - I'm not entirely sure of the timing ) transferred their interest in Bella Films for a 34% stake in Newco LLC which will then undertake the project.

A further 15% of Newco LLC has / will be sold to third party investors in order to raise at least $600k

The remaining 51% of Newco LLC is owned by Newco Inc, which in turn is wholly owned by Bella Media PLC

This is as it was ( or at least by my understanding ) some 2 months ago. As the project advances then no doubts things will change.


Re Edgar Bronfman Senior's role...
Time will tell, but my own thoughts are that
1) Having someone of his standing and expertise will no doubt help open doors that would otherwise closed when it comes to negotiating deals, and
2) He's got seriously deep pockets - and the one thing Bella Media will need before they build more cinemas is cash. I'm pretty sure he will buy a lot of the shares currently available to be issued. And if he doesn't I'll bet he knows others who have similarly deep pockets, and
3) Having him on board certainly will raise the profile of Bella Media to potential investors. Worked for me, and City Equities anyway!

Finally, what the hell's going on? Not sure what you meant by that. Final details are due to be worked out in the next month or so regarding the Springfield project. Maybe then it's time to start on number 2. I understand they have already indentified a number of locations, including at least one in Europe and several in China.

I agree, it's looking rather good. But we need to be patient - don't forget there is no income forecast for the current financial year ending 30 June 2004. Not for widows and orphans as they say.

Hope this helps

Guy

[a harris] 18/9/2003 19:17

guy
what about this suggestion that Bella Films is a subsidiary of the new Bellamedia PLC.

What about Edgar Bronfman influence as Sr Dep Chrmn.

What the hells going on. It seems to look very good.

[guydaynes] 18/9/2003 18:53

a harris

It's pretty complicated and I believe in part due to tax and liability considerations when working internationally. I had a conversation with Tim Le Druillenec some time ago to try and clarify how it all fits together, but I won't pretend I understand fully even now. Don't forget, there's also Newco Inc. and Newco LLC just to confuse things further.

Check out the MBF RNS of 19th June.

[a harris] 18/9/2003 18:46

guydarnes. seems we were posting at the same time. check the big news in the link......

[a harris] 18/9/2003 18:43

"I am looking forward to introducing new opportunities to what I believe
will be an exciting period for the burgeoning 'edutainment' industry," said
Edgar Bronfman, Sr., Deputy Chairman and Director of Bella Media PLC. "

About Bella Films
Bella Films, the US operating entity of parent company Bella Media PLC is
headed by Steve Crisman, President of Bella Films and a well-known documentary
filmmaker based in Los Angeles. Bella Films' Executive Vice President is
Thomas Gilmore who was previously Vice President of Universal Studios City
Walk during the development of the IMAX Theatre in that location. Bella Media
PLC is publicly listed on the AIM Exchange in the United Kingdom. The company
name was changed from Mobile Future, PLC on September 10, 2003.


Bella Films a subsidiary of Bella Media. I like the sound of that :0)

[a harris] 18/9/2003 18:39

still anticipating guydarnes to comment about Bella films being described as part of Bella Media PLC. Need to read that article more closely.

[guydaynes] 18/9/2003 18:36

For those wanting to know who they are, go to www.cityequities.com



A snippet from the site...

"You might be asking, "Why do I need to become a customer of City Equities Limited? What's in it for me?" Well, there are several reasons, ranging from excellent customer service to high-quality equities research. But there are two reasons that really stand out.

Firstly, because we have significant buying power, we can act as an institutional investor; therefore we have access to numerous new issues and placings not available to the general public, our authorisation also allows us to arrange deals in investments, including corporate finance business.

Secondly, because we act as 'principal' in the majority of deals we do for customers. This means City Equities Limited will identify a share through our research team, and then purchase stock in that company "IN SIZE". Because of the size of our purchase we receive a discount to the yellow strip price. The fact that City Equities Limited act as 'principal' means you will never pay commission on purchases recommended by us and we can also, on occasion, secure preferential discounts to the offer price for our customers.

When selecting investments that we think will contribute positively to our customers' portfolios, we uphold a stipulation to only deal in UK-listed stocks either on the Official List or the Alternative Investment Market (AIM) and even this is dependent on there being no less than two active independent market makers in any situation. "



Clearly they bought in at a significant discount ( I make it around 20% ) to the current price, but I wonder what price they sold to their clients at? Anyone care to let us know? I'll be pretty p1ssed if it turns out I could have saved 20% of the price of mine!



You need to register to access the site, but it's free. Interestingly they publish a weekly Penny Share Review, though it appears to be a brief review of recent newspaper comment regarding stocks on their list. The Times article last week is mentioned.

If this is all the research they pass on, then I'd suggest we here are way ahead of them. I can only assume paying clients ( I'm not one of them ) perhaps get more detail?


That means that Bronfman is still to show his hand. Hopefully we will need the cash soon for the next cinema. So come on Edgar, get yer wallet out. You know you want to...!

[razdaz] 18/9/2003 18:31

sorry this
LONDON (AFX) - MobileFuture PLC said City Equities Ltd purchased 100 mln
ordinary shares, representing approximately 8.4 pct of the company's issued
share capital.
At the close of business on Sept 17, and having sold 28,450,000 of the
shares to private clients of City Equities, acting as Principal, City Equities'
holding in the company had reduced to 71,550,000 shares, representing
approximately 6.01 pct of the company.

[razdaz] 18/9/2003 18:28

erm, is this good news