Media Square Share Discussion Threads

[knowing] 02/11/2009 13:27

Stop looking in the mirror.

[knowing] 02/11/2009 13:25

There you go again. Stop clogging up the thread.....there's a good chap.....have another tablet.

[knowing] 02/11/2009 13:22

Didn't point the finger at anyone but you seem to know whom I am reffering to.

LOL

[knowing] 02/11/2009 13:18

Guilty concenience ramper?

[21simthy] 02/11/2009 13:11

Exactly, if Bob Morton is prepared to pay 16.5p for 4% when it was 12.5p
bid then he sees value and a good return on this investment, he's not
wasting any time in trying to shake things up is he.

[rolandspike] 02/11/2009 13:08

Fundamentals of this company are good, but reckon the people within the business have had the sh1t kicked out of them by successive managements. Is Bob Morton the guy to remotivate this business? Hope so. Several of the agencies are very profitable and have good value which is in no way reflected in the SP

[knowing] 02/11/2009 12:44

Stop ramping!

[21simthy] 02/11/2009 12:42

What's your view dalcon !

Need more opinions on this thread, lots going on but not a popular
punter stock so little in the way of debate !

[dalcon01] 02/11/2009 12:38

Bloody hell !!

[21simthy] 02/11/2009 12:06

Fireworks to come ?

Requisition of General Meeting (Media Square)





TIDMMSQ

RNS Number : 7681B
Media Square PLC
02 November 2009

?
Media Square plc


Requisition of General Meeting




The Board announces that, on 30 October, it received a written requisition from
Hawk Investment Holdings Limited, a company owned by Bob Morton (the
"Requisition"), to convene a general meeting of the Company (the "GM").


Hawk Investment Holdings Limited, Seraffina Holdings Limited and Retro Grand
Limited as shareholders together holding more than five per cent. of the
Company's issued ordinary share capital, have requested that resolutions be put
to shareholders at the GM to remove Roger Parry as director of the Company, and
that Bob Morton, David Wright and Keith Springall be appointed directors of the
Company.


The Board will duly consider its position regarding the Requisition over the
coming days and will write to shareholders on this subject at the appropriate
time.

[21simthy] 02/11/2009 08:48

No stock at 18p either !

3 mm's all moved up at 7.59am, all 3 of them were offering 17p
but obviously none did not want to offer stock at that price.

[21simthy] 01/11/2009 21:42

The seller looks to be Hansa Trust who held 1.3 million or 4.03%.

The large % holding definately needs updating on their website as
no mention of Mr Gill's holding.

Quite a lot of large holders here, explains the lack of stock currently.

Prime active 21%
Anthony Gill 16%
Prometean 11%
Bob Morton aka Hawk Wind now 6%
Acuity 3%
Roger Parry 2%

Those alone add up to 59% of the company.

Interim results are the 11 November.

[21simthy] 01/11/2009 21:26

So lots of people want big stakes in this company ?

From earlier this year



Takeover Panel investigating Media Square stake-building
The Takeover Panel is understood to be investigating the recent acquisition of a 13pc stake in Media Square by Yorkshire entrepreneur Anthony Gill, following concerns he could be acting in concert with another major shareholder.

By Amanda Andrews and Rowena Mason
Published: 8:52PM BST 27 Apr 2009

Sources told The Daily Telegraph that the Panel had been notified that an Anthony Gill also has a 10pc stake in Prime Active Capital, which itself owns 21.53pc of Media Square. Prime Active Capital's executive chairman is Peter E Lynch.

Furthermore, a company called the Great Northern Envelope Company listed a Peter Lynch and an Anthony Stephen Gill as directors on the same board in 1995 to 1996.

If the shareholders are proven to be acting in concert, they will have a combined holding of more than 34.5pc, meaning they would have to launch a bid for the company or reduce the holding.

Mr Gill bought his 13pc stake in Media Square, chaired by Roger Parry, at an approximate cost of £335,000.

Promethean Investments, Sir Peter Burt's private equity firm, owns a 10.33pc stake in Media Square.

Shares in Aim-listed Media Square rose 12.5pc to 9p on the news of Mr Gill's recent purchase.

Mr Gill said late last night that he was not acting in concert with Peter Lynch. He said he is not planning to bid for the company, describing such speculation as "fanciful".

He described his relationship with Mr Lynch as "friendly rivalry" and said "He [Mr Lynch] was the finance director of the company that bought my company and he let me go".

Mr Gill said: "My stimulus for buying the shares followed an article in last week's Investor's Chronicle saying there was potential for a bid. My broker got me 500,000 shares, then he got me another million. I kept getting offered more and more over a three-day period."

Mr Lynch said it had nothing to do with him and his company. He said: "Any concert bidder would have to make an offer at the highest price they paid for stock in the last 12 months. Only a fool or a naif would suggest that as a strategy when stock prices have collapsed and banks have stopped lending. I would prefer to work with the company, and have told them that consistently many times for nearly two years."

Media Square and the Takeover Panel refused to comment.

[21simthy] 01/11/2009 12:16

You'd think the press would be all over this one with the Morton story.

However with it impossible to buy they cant give their "buddies" the nod
before giving it the push so i doubt it will get mentioned.

The mail didnt bother surprise surprise, wont make any difference as it
will move on any buys on Monday.

[qs9] 01/11/2009 10:08

No press on this recently then?

[qs9] 31/10/2009 17:23

Be interesting to see whether this fizzles out on Monday or continues to rise on the back of Bob M stake building...

[qs9] 30/10/2009 14:44

Great, 25p here we come then!

[21simthy] 30/10/2009 13:22

ps...and it it breaks 20p there's a lovely gap to fill on the chart.

[21simthy] 30/10/2009 13:21

I think that's where you are making a mistake then QS9.

Do you think Bob Morton looks at the current fundamentals and latest
results and makes that investment based on them, he sees a big return
on a real turnaround play before the market does, his track record is
pretty good, he's not perfect but overall he's made a fortune.

The market cap is quite small, the turnover dwarfs market cap, any upturn
in trade and margins and this will swing into big profits next to their
market cap, debt came down by 3 million in latest accounts to so i think
it can be re-rated on the future potential.

Had a small top up, a even smaller one of about £500 added 500k to the value
of the company lol, serious shortage of stock.

[qs9] 30/10/2009 12:48

agreed that there is a crowd who usually follow BM and may follow him in, 20p not unfeasible, but not sure if fundamentals justify it!

[21simthy] 30/10/2009 12:47

Well Bob Morton always and usually expects to make a good turn on
his investments so if he's paying a premium for size the market
should take notice, until they find a profit taker the market makers
have zero stock and will move on any buyer, think it will be over 20p
easily next week, i'm still trying to get size but impossible, should
have stuck to 5k's now and again.