Pcg Entertainment Share Discussion Threads

[mister md] 18/3/2017 06:52

Contract or MOU ? MOU.

[billthebank] 18/3/2017 01:09

Doc Holliday trying to speak to RP on a 121 but no joy yet

[sigora] 17/3/2017 22:29

numpty filtered

[sigora] 17/3/2017 22:28

festario then stop effing whinging

[barnetpeter] 17/3/2017 20:57

noone has pumped and dumped these...they went a few hundreds of a penny up at the highs and there was no real selling at the top. The people who bought the 20 million plus lots are still in. The price is still above where it was three weeks ago. We have had no news on any deal and I guess nothing much is due til summer. Company needs time but is not going broke!

[weller130] 17/3/2017 19:06

Forget the noise - remember the fundamentals!

This was in the RNS. Signed! it is signed!

====

PCG Entertainment Plc (AIM: PCGE), the AIM quoted Asia-Pacific media and entertainment company, today announces it has signed a Memorandum of Understanding (MOU) with Shenzhen Tianrong Sports Culture Management Co. Ltd. ("Tianrong") for the creation of a major football academy in China.

Tianrong is a division of the Shenzhen Tianrong Investment Group, a company involved in sporting and cultural activities and the promotion of Chinese sports, tourism, culture and entertainment. PCGE and Tianrong will partner to create a new football academy in China. This is intended to involve a joint venture with a western football club.

The venture fits with the Chinese government's current policy on promoting sports. In 2015, the Chinese government committed to creating a RMB 5 trillion (approximately $760 billion) sports industry over the next ten years, catering for a growing middle class and raising its international sporting profile1.

In February 2015, President Xi Jinping introduced a fifty-point plan for the development of soccer as a sport. First, it officially separated the Chinese Football Association from the General Sports Administration, making it the only one of China's 72 sports organizations to be ostensibly independent from the government. The plan also aims to open 50,000 soccer schools by 2025. Chelsea and RCD Espanyol have been the first European clubs to launch dedicated football academies in China2.

[comedy] 17/3/2017 18:14

Ts has nailed 3 placings b4 market puts out rns...

Been advised quite a few guys get in on placings and pump up share price to sell at profit??? Draw your own conclusions.

No deal news and no holdings rns news.

[festario] 17/3/2017 17:34

Correct Bill, see my earlier post.

[billthebank] 17/3/2017 17:28

Have to say Toolsmoker all holdings of more than 5% have to be recorded on an RNS by the company It is not an option but that has not happened!! So by the logical step no one has bought 5% or more of the company

[mister md] 17/3/2017 17:13

All these deals in the pipeline - amazing for a tiddler AIM company with just 1 million in the bank (wonder how much is going to departing ceo ?)

[blueblood] 17/3/2017 15:17

Lol at Tool 3 weeks running news has been nailed on for next week....

[jamesd888] 17/3/2017 15:16

I also think we will also get more news on developments on gaming licence that we have in China soon. We have lottery and expect more news on poker tournaments advancement in china very soon + news on stock market games in china.

other news due - The Company is also in discussions with a number of media companies regarding distribution deals including:


• A snooker series distributed by a major satellite network in China. The Company has preliminary agreements in place for a multiple world-champion player to front this show.

• A reality TV 'Search for a Motor-Racing Star' show to be distributed by a major broadcaster and online in China.

• A horse racing tipping service to be distributed throughout China

This still has a lot going for it.

[festario] 17/3/2017 15:10

So you keep saying Toolsmoker, week after week. But nothing.Sigora, if it's all the same to you I'll sell when the hell I like, and hopefully that might be closer to breakeven.

[toolsmoker] 17/3/2017 14:57

News next week on this is a dead cert in my opinion No brainer at these levels now

[jamesd888] 17/3/2017 14:53

The termination is a good fact and all the bad in this company has now been removed, nick was in charge and didn't read all the legalities with CPDC and led to the fiasco which drove the share price down. So one fact is this is better news for the company and why pay a man large consultancy fees when he is not running the company properly. Poulsen is right to get rid and close london operations as is now saving money NO LONGER WASTING. The chinese office is still open and the academy development is still on the cards with a western company so this is still a big big plus for us and chinese football is the future. Shame for us shareholders during the fiasco which nick has caused over the past 12-18 months, but now he is out of the way and any news update on the academy will make this share rocket. So GUYS KEEP THE FAITH...THIS SHARE WILL CLIMB AS 0.14 IS WHERE PLACING PRICE...SO WE ARE STILL ABOVE THAT AND STILL BELOW 0.20P IS A BARGAIN. AS WITH ALL AIM SHARES THIS IS VOLATILITY AND THIS HAS HAS MORE UPS AND DOWNS IN THE LAST TWO WEEKS THAN MOST BUT WHEN THE UPS ON NEWS COME IT WILL ROCKET...SO IF YOU BOUGHT ABOVE OR AROUND 0.24P BUY AT THE LOWS NOW AND AVERAGE DOWN AND YOU WILL BE BETTER OFF IN THE NEXT MONTH OR TWO....SIMPLE!!! It won't take long for this share to start moving back up to 0.25p + under the realm of Poulsen.

[sigora] 17/3/2017 13:47

if you not confidant sell up and leave you make your bed and sleep in it simples

[billthebank] 17/3/2017 12:51

I may be underwater but I have utmost confidence tn Richard Poulden If we are being scammed then so is he!!

[mister md] 17/3/2017 12:35

umm, the big trades are mostly close to bid price so sells it seems. I was lucky to have sold most at around 0.2 so didnt get hit by that bizarre RNS, but I am leaving well alone now. I have placed it in the same category as similar AIM basket cases like MOS and PAA

[festario] 17/3/2017 12:13

We all have Mister MD, and we never, ever learn.I'm about £5k underwater now, and that's from my greed of wanting 10m shares, and still averaging down!Not sure how long I'll wait to ditch this, and get myself a £5k CGT write off. Massive shame.

[mister md] 17/3/2017 12:09

Also if someone had taken the bulk of the placing then there wouldnt have been the overhang for days? I could get buy quotes for 15m shares at a time... Wont jump to conclusions but I've seen this all before on AIM