Paragon Entertainment Share Discussion Threads

[pj 1] 15/11/2016 22:29

I have been invested here for just under 4 years so I would like to think that I have more reason than most to want this share price to rise.

Despite recent posts there is clear near term resistance at 2.8p (where we are now) and also 3p.(a key level imo)

There is also resistance (i.e. previous selling) at circa 4.5p and IMO 6p will come into play.

It is best to judge PEL on fundamentals and forecasts not just posters claiming blue sky territory. There is no way in a million years, imo, based on fundamentals and current shares in issue that this is going to 12p short term. If it does, however, I will be ''absolutely delighted''

As always DYOR and never believe a word posted on a BB, including mine.

Maybe csmwssk12hu and QS99 would like to prove me wrong and present a researched counter claim?

[qs99] 15/11/2016 21:06

looks that way IMO I agree...fingers Xd that can happen tomorrow.

[csmwssk12hu] 15/11/2016 20:50

There will be more it is already breaking out once 3p cleared it will move sharply higher all imho dyor

[qs99] 15/11/2016 20:44

Fascinating that business flagged at that last RNS, growth into the NY or at least confidence of that. That growth is from the new upgraded £1mEbitda which is a material upgrade.....all DYOR....yet even after today's rise merely a c.£5m market cap....happy to hold on for more to come...

[csmwssk12hu] 15/11/2016 16:16

I think you are correct fruit resistance is at 3p, if it's cleared it will move very quickly imho dyor

[fruitninja84] 15/11/2016 13:31

Big demand here today, my 'guess' is that those who are watching & done research & have patience are waiting to see is 3p can be cracked. After all few want to see there money stuck in a seemingly perpetual trading range no matter what the prospects. I suspect people will pile in once a solid and definite breakout has been confirmed. All just Imo I sit at a desk all day and watch price action in markets that interest me.

[fozzie] 15/11/2016 13:08

Mmmm thats a bit early PJ, i'm thinking more 2025 ;o)

[pj 1] 15/11/2016 12:51

2018/19 fozzie?

[themadstork] 15/11/2016 12:50

What's different is we've had confirmation in terms of hard numbers of the progress that has been made. I am sincerely expecting a much higher valuation over the med term as the PEL team finally start delivering on their amazing potential.

[fozzie] 15/11/2016 12:46

Well this has been a tough hold for me, especially since GHF, Bbus and Steg bailed last Spring, so delighted to see the share price break out and head towards 3p. We've been here before of course but something feels different this time. 12p would mean bringing my retirement forward a few years lol, one can dream!

[interceptor2] 15/11/2016 11:29

Just made a small top up 50k at 2.6875, even that pushed the share price higher. It won't take much additional buying now to push higher and hold the breakout.

It might have been mentioned somewhere, but I think the transactions would have been much higher if that was the case.

[pj 1] 15/11/2016 11:25

interceptor2-Maybe it has been 'tipped' somewhere to kick in this mornings buying? Im not aware of anything yet though.....

[qs99] 15/11/2016 11:22

12p, blimey that would be nice! but until then, it does look like some decent buying...surprised it hadn't moved further on last update IMO/DYOR etc

[csmwssk12hu] 15/11/2016 11:19

Looks like about to test 3p, I look at long term charts and see nothing significant till 12p dyor imho

[csmwssk12hu] 15/11/2016 11:15

Volume just starting to pick up nice few days ahead imho dyor

[interceptor2] 15/11/2016 11:09

Stan Weinstein would like the chart set up here imo, which is a very early stage 2, and can be the most rewarding period. As is often the case with a new stage 2 there is a strong catalyst in place now from 01st November.

[pj 1] 15/11/2016 10:34

Resistance at 4.5p, and i expect at 6p. weekly charts show it much better than daily.

However, the weekly chart also shows a lovely Stage 1 set-up, ready for Stage 2 for any followers of Stan.....

I also wonder if the (significantly) ahead trading statement has focused a few more investors into PEL's yet discrete 20 by 2020 turnover targets?

[csmwssk12hu] 15/11/2016 10:23

3p will be interesting, after that no resistance till 12p imho dyor

[qs99] 15/11/2016 09:55

maybe a few people are working out the metrics and realising it looks a decent play IMO...DYOR etc....as you say low volumes but hopefully people will start to notice PEL

[interceptor2] 15/11/2016 09:15

A small amount of buying this morning and the share price moves higher, will be interesting to see how share price reacts to any further buying.

I am not sure but I haven't noticed that the recent trading update from PEL have been covered by any of the investor magazines or other financial press, so we are likely to still be under the radar at the moment.

An ideal time to build a decent holding.

[fruitninja84] 15/11/2016 09:07

Perky! The deprecation in the pound will no doubt make next year a bumper one for tourism in the UK (perhaps the busiest year of all time) which should bode well for PEL Imo. I'm sure holders here know this and will be rewarded for there patience. Hopefully a breakout soon here will attract more attention.

[csmwssk12hu] 15/11/2016 00:18

Quiet day today considering market

[csmwssk12hu] 14/11/2016 00:03

This is itching to go up, about of news and will take off imho

[csmwssk12hu] 11/11/2016 00:38

Nice ride today, preparing for next leg up once clear 2.5p resistance will be met at 3p, after that no serious resistance till 12p all imho dyor