Parallel Media Share Discussion Threads

[dusseldorf] 25/7/2016 13:50

Eezy - You can vote for PAA here:


..though unfortunately they don't have the most apt categories for 'Most diluted and yet still trading', 'Largest 10 year price decline' or 'A decade of failed partnerships' categories ;)

[eezymunny] 25/7/2016 13:17

KNIGEL, you do, to me, seem to think that the route to stock market winnings is buying loss-making, highly indebted junk, with horrific histories of shareholder value destruction. Carry on and see where it gets you.

Good luck.

[dusseldorf] 25/7/2016 13:09

KNIGEL - it looks like buying, slow and steady under the radar to me. Could be someones massive P&D plan - but we know that never works from past victims.

I've waited this long, I guess I'm going to wait and see what events are bought in Q4 2016/Q2017 - though I already suspect Heavy Con and Brick Live

[knigel] 25/7/2016 12:42

His red button must have flashed - he has to answer every positive post with a negative post in the interest of balance pmsl.
(for the record, volume has been decent for this small cap for several weeks now - on both buys and sells) Some derampers post to keep a share price down while adding themselves.. I wonder? 😊

[dusseldorf] 25/7/2016 12:39

EezyMunny - it looks like the same buyer to me given quantity similarity, 2.5% of the co I consider to be 'a stake' as opposed to speculative punt given how illiquid this is.

Either way 3 buys at full offer is entertainment for the likes of me still sat on 90k

[eezymunny] 25/7/2016 12:32

It's probably a couple of lousy PI trades for a couple of grand for goodness sake. Stakebuilding my gallumfing!

[knigel] 25/7/2016 12:23

No holding RNS however..

[eezymunny] 25/7/2016 12:23

Yeah! Stakebuilding! A big hitter!

Sounds good.

Apart from theere being a music biz that the company doesn't own, a former golf biz hived off to a chairman owned subsidiary in Tortola, and a stack of unpayable liabilities :)

Keep it up Duss!

[dusseldorf] 25/7/2016 11:56

More buys today? seems to be someone stakebuilding as I cannot see that as a sipp trade or other given spacing and fact its at top end.

Can sell 35,000 at 10.25.

[dusseldorf] 20/7/2016 10:05

EezyMunny - those entities are all owned by DC. Not sure what you want me to say over and above what the company already said in that he bought the company to reduce indebtedness (perhaps to mitigate some risk against company).

Interestingly enough Heavy bar Ltd, of which DC is a sole director (co-ordinating Heavy Con rock Expo - Team Rocks venture into events) and Brick Live Ltd, of which DC is a joint Director - a lego 'expo' for kids both at NEC are ultimately owned by Lucky Honor Holdings. My theory is that these two are the live events (indicated by PAA) that are being 'acquired' by PAA year end/early 2017.

If it turns out to be the case (perhaps after seeing what the no.s are), I wouldn't complain - these type of events are a predictable income stream and would not be affected by things such as sponsorship gripes (with prize funds) etc.. that affect sports tournaments.

[eezymunny] 19/7/2016 11:17

I wonder if you can put your marvellous spin on Parallel Media Group (Championship) Ltd?

Sold to "James Golf" which is owned by Lucky Honor Holdings based in Tortola of all places.

Smells like a dead fish on a hot day to me :)

[dusseldorf] 19/7/2016 11:00

Seem to be getting some momentum here. Not me buying.

[dusseldorf] 15/7/2016 09:31

Looks like you can still sell ~50k shares at 9.7p

[dusseldorf] 13/7/2016 09:16

Market is actually quite strong at the moment, I can get a quote to sell my max holding (in one account) of 48,000 shares above bid at 9.7p

[knigel] 07/7/2016 17:32

So in 20 minutes he will come out from under his bridge to make a witty commenzzz..

[eezymunny] 07/7/2016 16:28

I hope you didn't miss PSPI today...



Might be a nice 10-bagger. Eezy this game if you can add up. Maybe PAA will do it for you mugs. Or not :)

[eezymunny] 07/7/2016 13:31

I'm here because PAA has the most laughable rampy comments to counter with some facts. Nowhere else comes close :)

[knigel] 07/7/2016 13:11

Eezy - do you have an email alert for PAA - every time a shareholder posts - you have to post as well for "balance"? PMSL
As I keep saying, plenty of other AIM shares you could be interested in protecting shareholders from - so start posting elsewhere. I can only presume that a long time ago you held shares here and lost money - no other reason to be here and post every time someone else does!

[mister md] 07/7/2016 11:30

Buys at 15p followed by sells a few days later at 9p, it's beginning to look a lot like PAA. Oh wait, it is PAA ;)

[eezymunny] 07/7/2016 11:26

If you two keep averaging down you might end up being the only holders along with DC. If there's a shareholder drinkies at Raffle's you'll get double G&T's for your loyalty!

[knigel] 07/7/2016 11:04

Hopefully interim results will be around September/October and we will get news in the near future. The share price isn't going to leave this narrow range without news flow (of a positive kind) so agree best to sit on holding and await developments gl

[dusseldorf] 07/7/2016 10:58

KNIGEL - I've been over 3% before elsewhere though I didn't have to notify given the circumstances of the company. I'm not concerned about people knowing who I am, I'm no Warren Buffet, just have an interest in shares outside of my main job in IT. I'm more worried about my wife knowing I bought more PAA ;)

I think I'll leave it for a while - perhaps if we get some good news on 2016 golf sponsorship/european date.

[knigel] 07/7/2016 10:31

It's a strange feeling going over 3% - everyone knowing who you are.. had to contact company - get form completed and returned in 3 days - then later in the day reading a RNS with your name on it! Thankfully the company in question issued more shares so I went back below 3% without having to notify again.

[dusseldorf] 07/7/2016 10:14

debating whether to slowly increase my holding ahead of whatever acquisition is tabled for later this year/beginning of next (as per RNS) but really need a demonstration of progress on financials and structure with PCMI and additional debt write off.

PMG is currently in discussion to extend its Live Events portfolio by means of acquisition and expects to make announcements later in 2016 or early 2017.

I'd go over 3% if I did unless more shares are issued prior to my purchase.

Prudent to wait and see what it is especially as the likelihood is shares will be issued to acquire the assets.

[eezymunny] 04/7/2016 08:51

Indeed. Apologies. Not my intention to mislead.

2009 showed operating profits, was loss-making after "exceptional costs" and interest, but profitable after sale of subsid.

2006 did indeed show operating profits, mostly swallowed up by finance charges.

Whatever, they are tiny numbers, and both in years when they sponsored European Tour events. I don't think they will ever sponsor a Euro Tour event again for the reasons I've given on here many times (I may of course be proven wrong). Revenue in those years was several £m compared to 2015's pitiful 241k.

Hard to be sure what's what with the sale of Parallel Media Group (Championship) for £1 to DC. The 2014 accounts

hxxps://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/wedVSCpR8dK3ZV_cS4nRKRQ-HMQhog6sSKy21ZzQ-lk/application-pdf?AWSAccessKeyId=ASIAJHVDCB4355LLUYTQ&Expires=1467618580&Signature=1aLDZ2s1G4V%2Futc7Tpk3%2FYL5EmI%3D&x-amz-security-token=FQoDYXdzEHAaDEvDazb6qSqi97JIuiKcA9M08dnDJEsaXQBAJlysnNiDuoW0ibeJOpQXVXTVaN4tFkmcEMkKY%2B7Nqce%2BofPbJnjrPF5yp73AAlC0SFz0Qi51iAhqEz4bYYFGnryyHFdhb73%2BVxsQWBtMc6vZ%2Fs8lLcXP9KIsnBG7MP4g4wmDVHts1acHts4q4ly9fW1ijXuw0ZSvlNVzIUK5NkcqFL5JECGOb6UCghoNpbTCNnrwcHoTzZJarQ72yIVDLGvSU9WUi6gthy7z4tXUA1CF3EMHSjI%2FTRaeLcd5PyJ2J7z%2BnNK%2BMXQWQ4P5K%2BMC8nu%2Bdd9BI9CRkYGmrsKbT19XCkDN8%2FCb7%2FlcSNsUdXSzyMRfPI6cHlAkTZNrRL8uDg3caPqKnS3Zp%2BotSq3k7kcGHahehbArZ5YG%2F%2F6RSFTFG7%2BzNn%2FTh8e0EDAUaFU5loY7HZwJpGuWNLl6mfp4oAGxC%2B1V0JDmDYFj3HbZpJ7I46uScdOYBZGaSMhss3uNOrIhmGcvx3LsZNDtc6xagKo1ZCXVZCyTJms1cvksWKHRSJtzL1P0HQYbNJuscbxVDuQohoHouwU%3D

show net assets of £2.6m. Hmmm...