Pilat Media Global Share Discussion Threads

[obiterdicta] 21/2/2012 07:29

This sounds like good news, hopefully might prompt another tick up to 35 to 40 p range and then back to 45 - 54 by results.

[extrap] 10/2/2012 15:46

Comment in today's IC from S Thompson who included PGB in last years list of Bargain Shares. The article was clearly written before the latest news/sp increase as his comment relates to an share price of 25p. The comment ends 'In my view, the derating in Pilat's shares is completely overdone and I continue to rate them as a buy'.

[azalea] 09/2/2012 11:32

a good step forward but stil circa 40% below its peak when there was less to shout about. FY results in March should see them move higher with the potential of the much vaunted bid, coming true.

[techno20] 09/2/2012 11:14

On the basis that the last deployment announcement at the beginning of Jan hardly nudged the price at all, yet this one has shifted it up 50%, surely there's more news on it's way. Any bid should take it to somewhere between 50 and 60p.

Techno

[scorpione] 09/2/2012 10:56

Something more than simply this morning's announcement is going here at this rate. long awaited bid may be?!

[saud2237] 09/2/2012 10:38

This is about to let loose !

[saud2237] 09/2/2012 10:34

Pilat Media Global plc [AIM: PGB], a leading supplier of business management software to the media industry, today announced that a prominent global media and entertainment company has gone live with its MediaPro airtime sales solution.

[saud2237] 09/2/2012 10:27

This is excellent news

[yump] 09/2/2012 08:42

If this company enabled the management of ads. on the net it would have a storming p/e and a big bb following ! Interesting how the world of investment has changed from valuation based, to "have a punt on a big story". Fortunately, reality does eventually catch up.

Usual problem. When you can calculate a proper valuation because a company is actually making pre-tax profits, it can be assessed, whereas when a company is losing £5mln annually, everyone can "see the potential", but you can't really debate potential easily to prove or disprove it.

Quite frankly, with the way investors behave, it must be very tempting to float a company with a load of hype and then just dump your founders shares asap. at a good profit. Would serve the idiots right really. I wonder how many do that ?

[techno20] 09/2/2012 08:11

More positive news this morning. 2nd significant deployment announcement this year. This will no doubt continue the progress on re-establishing credibility. Just need some new licenses to be announced!

[techno20] 12/1/2012 13:20

Yesterdays news was really positive and hopefully should provide a catalyst to re-establishing credibility and signing up some new deals!

Hope the positive news flow continues, ideally with Sintec and Eurocom adding to their stock piles. Ever the optimist,still don't think PGB will remain independent for long!

[azalea] 12/1/2012 08:06

rtt
Good spot.

[readytotrade] 12/1/2012 07:19

7:15 am
The Times
Tiddler to watch:

[techno20] 28/12/2011 11:10

Hoping the new year will provide some new impetus for this thread and PGB.

Results were broadly in line with expectations - very solid, with the positive news of the Fox litigation being resolved. The concern was clearly the comments on future growth being hard work. I'm hoping that with the focus away from Fox and back onto the core business, hopefully one or more deals will close, which should help support the shares.

Irrespective, the logic for Sintec or Eurocom taking out PGB is as still as solid as ever, so still expect takeover news reasonably soon. I'd been expecting 60p+, which now looks hopeful, but it's definitely worth more than 27p!

Good luck all for the NY.

Techno

[techno20] 29/11/2011 20:28

BBR,

Think your analysis and timing are spot on.

Expecting results for the 9 months tomorrow morning. Can't see these being fantastic, but they should be solid and underline the ridiculously low valuation now that the Fox issue is out the way.

[bam bam rubble] 29/11/2011 17:07

In for 15,000 of these at 26p and will add more if the valuation anomaly continues

£16m market cap with £14m net cash & receivables (£4.35m net cash £6.8m fees owed and £2.85m net trade receivables) so the business is in there for about £2 million

For a business that made £1.6m profit in 2010 and on for the same again in 2011 pre-impairment, that's a mega-cheap PE ratio less cash/receivables of around 1

Only thing that might explain price weakness (other than a weak economy affecting new client take-up and the effect small PI sells can have on an illiquid smallcap) is the market pricing in not all fees owed will be forthcoming. Even allowing for further 20% impairment on accrued income in what would be a worst case scenario the PE ratio less cash/receivables would still be absurdly cheap at less than 2

[scorpione] 29/11/2011 16:10

MMs in PGB are renowned for 'tree shaking' from my experience of holding here over the last couple of years. I agree with Azalea,there is a good underpin here with the two major shareholders and they would be more in the know than we are. Lets hope a bid is flushed out at the earliest for the sake of us small investors that have kept faith in this company!

[azalea] 26/11/2011 16:45

Techno
With so much money invested by both major holders notably above the current price and a significant legal problem settled, I expect to see a bid forthcoming in 2012. MM are slashing prices virtualy everywhere when provoked by sellers. Fortunately I have only a small exposure here and can afford to sit tight.

[techno20] 26/11/2011 15:16

Good news and the stock takes a hiding!

Friday's drop of a further 5% looked to be on zero volume. MM's trying to shake pi's out before a bid??

Pretty exposed on PGB and losses are mounting. I know it's time to kick in the stop loss, but very reluctant to do so.

Results for the 9 months should be out imminently, so keeping the faith and hoping these will help recovery.

Techno

[azalea] 21/11/2011 09:31

Yes, excellent news. With the last piece if the jigsaw now in placo,it should clear the way for a long anticipated bid to take place.

[yump] 21/11/2011 09:12

I imagine any company looking to acquire Pilat would also have been wary until the Fox dispute resolved, so yes this might open things up a bit.

[scorpione] 21/11/2011 08:30

Very good news! With this uncertainty out of the way lets hope that a much awaited offer comes to the fore.

[alter ego] 03/10/2011 16:08

we'll see if there's an RNS

[scorpione] 03/10/2011 15:36

That explains it then, but still positive nevertheless! May be another director purchase or Sintec / Eurocom topping up again.