Paragon Entertainment Share Discussion Threads

[dirtyn] 01/2/2017 21:18

Another great day!

[x54v] 01/2/2017 11:12

Never seen so much director buying. They're all very keen to get hold of shares.

[cfro] 01/2/2017 10:02

Agree, very good news today with the NED appointment and shareholding.

[pj 1] 01/2/2017 09:57

ic2 I'd agree.

Whilst being mindful of being seen to be 'ramping' and not sticking to facts-

The Company will be in a closed period, so from today DB cannot buy. Tied in with his delayed appointment until today, it could raise the possibility that he has bought in before good News, as we know a trading update is soon and then Results by end March/ April are due.

I assume any closed period would last up to Results, although I am not 100% certain on that.

All in my hopeful opinion

[interceptor2] 01/2/2017 09:37

Positive news today with the non ex shareholding disclosure. I have a feeling that they felt they needed to release this RNS before releasing the trading update which we know is due shortly.

[1savvyinvestor] 01/2/2017 09:02

Good timing ! Joining long term holders. No ramping here!

[croasdalelfc] 01/2/2017 08:57

I jumped in yesterday so very happy :)

[cockerhoop] 01/2/2017 08:35

Perhaps from Peter Holdsworth?

[pj 1] 01/2/2017 08:32

MT bought 5,636,900 late December 2015, of which 136900 were negotiated.

Including and since then, also including the new NED buy,

I make it £586k worth of Director and PDMR buys in little over 12 months, since Dec 2015. (

[themadstork] 01/2/2017 08:31

Yeah the 7m was clearly a transfer from somewhere. DB still paid market price for his shares though; it wasn't a placing or pre IPO or free bonus shares. Still shows huge confidence.

[pj 1] 01/2/2017 08:26

Estimates above previous update

JD 8,173,336
MP 78,654
SD PDMR 655,000

All above bought in open Market.

Note however the 7m have come from somewhere imo (another RNS?)

[themadstork] 01/2/2017 08:14

Does anyone have an updated figure for total director holdings and how many of these were bought on market?

[pj 1] 01/2/2017 08:06

Today's RNS is a round a bout way of advising the new NED bought almost 7million shares on 29th January. £286k worth, and the market hasn't noticed imo

edit- except he wasn't a NED then lol

[fozzie] 31/1/2017 09:56

Sweet. Great reading on that update, very happy to be holding here.

[themadstork] 31/1/2017 09:35

Your hard work is always appreciated PJ!

Looks like we can look forward to at least two RNSs in the near future then: Another trading/guidance update and clarity on that large trade (which was definitely a worked transfer of some kind, but between whom?).

[interceptor2] 31/1/2017 08:55

Fair enough PJ1, seems a little unfair that you do all the hard work and we just comment on it. :o)

But happy to use plenty of superlatives if it moves the share price

[pj 1] 31/1/2017 08:47

ic2/cfro can you post again lol, seems to have a much more positive effect than mine on the sp

[cfro] 31/1/2017 08:45

Yes terrific update there. Thnks for posting.

[interceptor2] 31/1/2017 08:36

Thanks PJ1 for highlighting the update, it certainly sounds rather positive. Last trading update 1st November saw a large increase in guidance for the current year, with an additional 2 months to year end 31st December to comment on, I will look forward to to forthcoming trading update with anticipation.

[1savvyinvestor] 31/1/2017 07:28

The update provided by paragon is first rate. I bought another 250k yesterday on the back of it. Fantastic little company

[dontsweatit] 30/1/2017 21:04

Improving margin never hurt any investors!

[pj 1] 30/1/2017 20:49

1savvyinvestor-
Yes looks very promising. It was mentioned in today's Q&A update today

''Q&A Forum

PARAGON PROJECT REPORT: Q4 2016
30 January 2017

Here is an update on current work and some interesting developments:

DUBAI PARKS

We have completed works on Madagascar, Kung Fu Panda, and theming in common areas. We are completing the snagging but have reached substantial completion.
We continue to work on Hunger Games and Cloudy with a Chance of Meatballs throughout the first quarter of 2017 with completion due in Q2 2017.
MAJID AL FUTTAIM

Our partnership relationship with Majid Al Futtaim (“MAF”) continues to be positive we are working on 2 new Astro blaster projects following the success of Dubai.
MAF successfully opened Little Explorers in Q4 at the Dubai Marina Mall.
We are currently completing Little Explorers Cairo which is due to open in Q1 2017.
We are working on 2 new Little Explorers that are both in the design phase due for completion in Q3 and Q4 2017 in the UAE and Saudi Arabia.
We are nearing completion of the sculpture for Magic Planet and have been awarded 2 more sculptures for other Magic Planets for Q2 2017.
HAMLEYS

We are working with Hamleys on 2 new Hamleys Worlds for 2017.
FIRE SAFETY CENTRES

We have completed the fire safety centre in Manchester.
We are in design on the Wiltshire and Cheshire Fire Centres for 2017 deliveries.
SABIC

We are working on the fit out of a major Museum called SABIC for Jack Rouse in the Middle East. This is due for completion in Q2 2017.
SAASCC

We are working as a specialist fit out company for Beck Interiors in Kuwait.
OTHER WORKS

We are still consulting to Lamda Development, another of our partnerships, on the Mall of Athens and Golden Hall. Design work is also progressing with Lamda for the Athens Olympic Museum and the FEC.
We are working on 15 other projects including York Museum Sweet Story, Natural History Museum, Hull 2017, Engine Shed, and Liverpool Museum.
LICENSING AND PRODUCTS

We are working closely to define the scope of the DHX portfolio due for conceptual completion in Q1 2017. This is creating some solid interest.
We have signed a new deal with Rubik's and have started working on a new concept development with their team. We will start to work on this in Q1 2017.
We have completed a conceptual opportunity with JCB with a product that we will start to sell into the market in Q2 2017.
NEW DIRECTOR

We are delighted to welcome David Bridgford to the board of Paragon Entertainment Ltd, as a non-executive director with effect from 1st February 2017. David brings a wealth of experience to Paragon, having formerly been a director of Merlin Entertainments. Further, Mark Taylor has moved from Executive Chairman to Non-Executive Chairman.

MARKET UPDATE

We will shortly update the market with our latest guidance regarding our likely results for FY 2016.

- See more at:

Also note the reference to JCB. Rubiks is yet another example of 'repeat' work where once development costs have been done the following projects/ contracts are at much better margin, one of PEL's key messages at the last AGM.

As stated elsewhere we are also due another trading update in the near future ref 2016

[1savvyinvestor] 30/1/2017 20:26

Rubik Cube tie up ; The puzzle brand has also partnered with Paragon Entertainment to create a series of escape rooms, titled Rubik’s Challenge Rooms. These will feature a host of different logic puzzles and conundrums to solve before participants can escape. The Rubik’s escape rooms are slated to appear at theme parks and entertainment centers across the globe.

hxxp://www.licensemag.com/license-global/rubiks-secures-new-licensees

[pj 1] 30/1/2017 09:10

Unless you are lucky enough to see the trade live I have learned its best never to try and tell if it was a buy or sell. You just never know.

It could be a very late trade notification as you say. If not then its what's on the other side of the volume as a) it didn't move the share price, and B) its above notification size