Pilat Media Global Share Discussion Threads

[alter ego] 03/10/2011 14:54

just checked plus market trades, 25000 at 37p went through at 1030.

www.plus-sx.com/companies/trades.html?isin=GB0031172751&securityName=PILAT+MEDIA+GLOBAL+ORD

[alter ego] 03/10/2011 14:52

yep, just noticed that too. No smoke without fire - hopefully.

[scorpione] 03/10/2011 14:40

Something definitely seems to be brewing here; no trades done today thus far and market down overall but PGB is up! Market Makers have seen something on their radar?

[techno20] 19/9/2011 20:21

Added more this morning. Big spread and had to pay 36.5p to get the 10,000 I wanted.

Don't think we'll have to wait until beyond the end of October for someone to show their hand. Look at the director deals over the last two years - all are for 25k or 30k and then suddenly last week they are trading 150k.

If the bid happens we will look back on PGB in wonder that so few seemed to see it coming!

[azalea] 15/9/2011 16:26

The situation could reach its conclusion sooner than I thought.

[coco] 15/9/2011 14:02

1) whos's selling them ?

2) Maybe each of them think that the other one is going to make an offer or maybe they are working in concert ?

3) If anyone is going to offer 60 pence would have to be the starting point but who knows ?

[alter ego] 15/9/2011 13:43

www.investegate.co.uk/article.aspx?id=201109151335043191O&fe=1

Sintec's turn -237k shares

[azalea] 15/9/2011 08:04

Difficult to understand why so few people have latched on to what's going on.

[obiterdicta] 14/9/2011 23:06

The last time Sintec bid it was at a 50% premium to the current share price. Share price 17p - bid was 26p. Given that last bid was unsuccessful at a 50% premium I'm anticipating an opening bid this time at about 80% premium, between 50 to 55p mark. Possibly ending up at 70p if the bid is contested.Time will tell.

[techno20] 14/9/2011 20:59

Getting interesting. This is the first serious purchase by Eurocom since the end of June - so good to see they are still interested. The mgm't purchases suggest they are worried and hope that their holdings will influence what deal gets recommended. And hopefully that they can make some money!

It really feels like when, not if and surely it won't be much longer.

The question then is what's the take out price. 10 x next years profits + £5m cash takes us to £38m - suggesting 90% increase from here. Sensible?

Anyone else tempted to top-up?

[azalea] 14/9/2011 16:14

and the buying continues. Whoever the sellers are they must be desperate for and/or totally disconnected as to what is going on.

[alter ego] 13/9/2011 14:48

yes, that was my view too and clearly one which Mr Sattath seems to share.

[azalea] 13/9/2011 14:35

The important point is that both contenders are continuing to buy regardless of the Fox issue, which suggests that neither are concerned over the outcome, one way or the other.

[alter ego] 13/9/2011 14:18

surely the Fox issue could take quite a while to be settled unless Fox are just trying it on.

[azalea] 13/9/2011 14:13

Not before too long one of the two contenders will have to decide to make a run for the finishing tape and put in a bid. It could be that both are waiting for the Fox issue to be resolved.

[alter ego] 13/9/2011 11:01

www.investegate.co.uk/article.aspx?id=201109131019331340O&fe=1

a race to see who can get to 29.99% first?

[azalea] 09/9/2011 13:12

IC today commmenting on Mr Sattath 100k buy which follows Sintech's purchases of 650k during August(total holding 22.8%), continues with its buy recc.

[techno20] 06/9/2011 08:18

Just topped up, but appearing as a sell.

Let's hope it's not a long wait.

[azalea] 05/9/2011 12:02

Mr Sattath is not putting out £34.5k and upping his stake just for fun. Corporate action will take place -just a matter of time.

[alter ego] 05/9/2011 10:42

now we have a NED making a fairly substantial addition to his holding

[azalea] 01/9/2011 12:42

My best hopes have been realised today by the news that Sintec bought 50k @ 33.25p yesterday, this convinces me that they are undeterred by the Fox issue vis a vis the Interims and are continuing to raise their stake ahead of a bid. It's only a question of time.

[azalea] 31/8/2011 09:13

One thing is for sure, directors and Sintec have not been adding to their holdings(post the Fox issue) just for fun.

[techno20] 31/8/2011 08:15

Results look reasonable. Litigation provision aside, I like the comments on improved pipeline and proof of concepts and the statement regarding increased revenue Growth and operating profits for 2011 as a whole. Net cash is also still strong at £5m.

But likely to mark time until the Fox situation is sorted or Sintec or Eurocom make a move.

[obiterdicta] 31/8/2011 07:57

Does always seem to be one step forward two steps back for PGB. Let's hope they can clear up the FTS litigation asap and crack on in the second half. Murdoch buisnesses do have the reputation of negotiating any deal after it has been signed.
The FTS litigation has weakened the share price and given Sintec the opportunity for another opportunistic bid. I wonder if FTS are moving their business from PGB to Sintec? If so, that does put the litigation in a different light.