Pcg Entertainment Share Discussion Threads

[cufes2] 11/5/2016 09:57

What's the story here . . . Quarter on quarter growth in revenues and profits and it's languishing pretty much at a low . . .

[1i1i1i] 09/5/2016 09:06

Due a re-rate here, 3-4p should be the minimum where we should be on what we know.

[ned stark] 09/5/2016 07:13

PCG Entertainment plc (PCGE) is an AIM listed Asia-Pacific online gaming and media company. The Chinese gaming market is now the world's largest online gaming market and was worth $22 billion in revenue in 2015. The Chinese Ministry of Culture recently announced that the revenue of China's online gaming sector is still growing by around 30 percent annually in the past eight years. There are about 370 million online game players in China, which is about half of the online population of 670 million.

PCGE is currently valued at £9.7 million with a share price of 0.825p. PCGE is undervalued given the quarter on quarter growth in revenues and profits.



20 April 2016

Unaudited figures, extracted from the Company's management accounts, show PCGE's Group operating profit in Q1 2016 rose to approximately USD $870,000 up from a Q4 2015 net profit of USD $820,000.

Over the same period, gross profit rose by 21% and revenue by 16%.

Nick Bryant, CEO, commented: "While PCGE's revenues continue to grow quarter-on-quarter the Company is now able to invest in the development of our software distribution platform to expand the business in the Asian market. Over the coming months we anticipate further investment in people and infrastructure. We will also continue to seek opportunities for growth, both organic and through acquisitions."



29 January 2016

Asia-Pacific online gaming and media company today released an update on activities for the trading quarter ended December 2015.

Unaudited figures, extracted from the Company's management accounts, show PCGE's Group operating profit in Q4 2015 rose to approximately USD $820,000 up from a Q3 2015 profit of USD $400,000.



16 November 2015

Unaudited figures show PCGE's Group revenue in Q3 2015 rose to around USD $6 million from Q3 2014 Group revenue of $1,112. The Company's operating profit in the same quarter for 2015 is around $400,000 up from Q3 2014 losses of $2,217,089.

Nick Bryant, CEO, commented "These results demonstrate the effectiveness of the group strategy in expanding in the Chinese media and games market both through organic growth and by acquisition. I am extremely grateful to our shareholders for their continuing support and I look forward to being able to issue a further trading update in January."

PCGE is focused on the development of business in the media and gaming industry across the Asia-Pacific region. It aims to continue growth through further acquisition and exploitation of licenses in China, and the acquisition of CPDC represents an important first step in the process.

Bryant continues "The CPDC acquisition increases the number of territories in which PCGE has a presence and enables us to benefit from the gaming experience, local knowledge and strong relationships the CDPC management has with major gaming software distributors and agents."

The media and gaming sectors are among the fastest growing in China, and analysts calculate will grow substantially to over US$22bn during the coming year.



30 September 2015

Chief Executive Officer's Statement

I am pleased to announce interim results for PCG Entertainment plc ("PCGE") that include revenue generated from our recent acquisition of Center Point Development Corporation ("CPDC"). This business was acquired with an effective acquisition date of 16 June 2015, and the results since that date have been consolidated in accordance with IFRS 3. The transaction was the subject of an announcement on 11 August 2015 and was approved by resolution by the shareholders at a general meeting. On 28 August 2015, the enlarged share capital was admitted to AIM.

Revenue of US$745,220 was earned between 16 June 2015 and 30 June 2015. This generated a gross profit of US$256,714 which, after expenses, nets to US$221,086. PCGE anticipate ongoing revenues from CPDC, and look forward to these revenues being reflected in our year-end results.

It has been an active year with PCGE listing on AIM less than a year ago in December 2014, a temporary suspension under Rule 14 of AIM Rules in February 2015 and then readmission in August 2015 following the reverse takeover of CPDC.

Interim Results' Highlights include:

1. Group cash balances at 30 June 2015 of US$719,617 (2014: US$538,420)
2. The loss for the Group is US$2,482,669 (2014: US$114,802) after charging readmission costs of US$1,176,000

[1i1i1i] 05/5/2016 11:25

Here come the buyers! ;-)

[1i1i1i] 04/5/2016 07:39

Time to jump in again here, ludicrous tiny market cap for a company making good profits with no debt.

[costax1654x] 01/5/2016 12:39

Is not PCGE as much is Breexit(investors fear),Poulden who's more preoccupied with elephants in Africa and other 20 companies.And the big seller again!!!

[nick rubens] 29/4/2016 16:06

Chinese business is what the stigma is here.

[sja123] 29/4/2016 13:27

PCGE & HNR...both ridiculously undervalued imo....

[412069] 29/4/2016 13:19

MM
I have taken a few here bottom draw now for me.

Add HNL to your list you may be suprised.

[market master] 29/4/2016 12:20

There are four stocks that I'm going to hold and add every dip this summer:

SEV

STAR

BOOM

PCGE

[1i1i1i] 29/4/2016 11:54

Indeed MM. I'm adding on a fortnightly basis at the moment. I'm 40% through my adding, 3 tranches yet to go. A rerate is on the cards this summer.

[market master] 29/4/2016 11:46

I'm also a buyer at these levels, bargain of the year under 1p!

[chadders] 29/4/2016 11:07

Agreed, absolute madness. Couldn't resist a top up this morning as I'm expecting great things from this one.

[1i1i1i] 28/4/2016 10:30

Complete Madness this share price, the market cap is only 4 times earning this year. Is there another stock cheaper than this on fundamentals in the market?

[commander t] 22/4/2016 16:17

Ok thanks.

[jagzoil] 22/4/2016 15:20

I'll put it forward

[commander t] 22/4/2016 15:07

I heard the vox markets broadcast, and read the posts above. I think for most private investors, in this social media world, they would probably be satisfied with a simple video blog of Nicholas Bryant at a typical day at the office. We get to see the people he works with, the meetings he goes to etc. It would be a really simple corporate video. At the moment words go so far, and the podcast was pretty much the same as the last one (and well done for finding the unaudited figures on the spot). I think management probably read this board, so lets hope a video can add to the transparency.

[jagzoil] 22/4/2016 14:08

Very good post

[1i1i1i] 22/4/2016 14:04

Good post from LSE -Today 13:32 Price: 0.93sja123 100 postsValuationI think one of the problems here is the crowd don't really understand what the company actually does and where it's revenues and profits come from. Even after the Nick Bryant interview yesterday, most won't get it....with a gold mine it's easy, x amount of ounces, price of gold etc.....everyone knows what they're buying...This is a "media distribution" company and although people can vaguely understand the size of the Chinese market, they're still not sure what they're selling. I have printed off and read the Beaufort note a few times now and it is quite complicated....essentially, our profits at the moment are coming from an opportunistic buy PCGE made of CPDC, a company which was already profitable and a very good purchase, but PCGE came to market initially to exploit the gaming licences which they bought a stake in, and to take them from local gaming within China to distribute these games online, nationally and through broadcast media. Try thinking of the height of broadcast penetration in the UK in, perhaps, the 70s and 80s, before Sky got going...The Two Ronnies perhaps or Coronation Street might reach 25 to 30m people.....no-one gets viewing figures like that here anymore! Broadcast media/channels in China are few and can reach up to a BILLION people....PCGE are working at ways of monitising their gaming licences through these channels, as well as mobile, where again, China's penetration of smartphones is enormous....this is why the Beaufort note put a pre CPDC valuation of £56m on the company.....and with CPDC now secured, their valuation is £85m.....and that's just for starters!The board has the experience to make this work imo .....and I find the investment case here compelling, but it's no surprise that many don't yet "get it" and think of this as another dodgy Chinese company, which it isn't ...I've a feeling that it will languish a little until actual audited numbers come out....and even then, it may trade on a low multiple but over the next 12-18 months, if their plan comes to fruition, this could be a very large enterpriseindeed...and will be able to prove it with their profitsAll imo etcOff Topic Strong BuyReply to post

[113mike] 21/4/2016 16:14

Early days yet. .

[113mike] 21/4/2016 16:13

That will probably be evident when they post much increased revenues and profits.

[1i1i1i] 21/4/2016 16:10

From LSEhttp://pcge.com/wp-content/uploads/2015/10/PCGE-Entertainment-Plc-Final-17-4-15.pdfIf anyone has not read this note, dated April 2015, I strongly recommend doing so....the front page is almost enough.."Beaufort places a base valuation on PCGE in line with that at the point of suspension (at5.25p/share on 13th February) of £55.8m; it considers, however, that the CPDC optionnow creates an additional £24m of value for shareholders (taking the total valuation to£85m), in anticipation of PCGE's re-Admission and its management ability to rapidlyleverage its unique situation.Successful completion of this corporate action against a background all but inevitableChinese deregulation in the coming years, suggests the shares offer good value up to alevel of 15p/share."All that's changed in the interim is that CPDC option taken up and acquired and it's now proven to be profitable and producing those profits month after month.....Crazy valuation at the moment....I think it's hard for some to get the scale of the market they're addressing....

[1i1i1i] 21/4/2016 13:52

Podcast at 3pm should be good.

[1i1i1i] 21/4/2016 08:36

Just added, 2.5p minimum should be the price currently on what we know the profits are, thanks for the opportunity MMs.