Pixel Interactive Media Share Discussion Threads

[qs9] 09/9/2008 07:17

SO c.£5.7m market cap of which over £3m is cash. Double interims and you could have at least £1.5m OP delivered leaving it on an operating profit multiple of around 1.8....

IMO someone will look to take this over IMO if the share price does not begin to reflect the value on an EV/EBITDA basis and am holding/buying.....pre...just you and me mate!

[qs9] 06/9/2008 09:59

looking forward to seeing them I have to say, need a catalyst under the SP!

[pre] 31/8/2008 21:50

results out shortly...per last rns:

The Board expects Interim Results to be announced in early
September 2008.

[pre] 01/8/2008 08:04

indeed QS9...we now know where this is heading....another tick up this morning bodes well:-))

[qs9] 31/7/2008 18:23

Decent volume toda 100k+, hopefully this will begin to move soon. Fundamentals are strong IMO, just needs market (and hopefully the new broker) to sit up and take notice....

[qs9] 30/7/2008 15:21

And yet has not moved! Must be an overhang?

[pre] 30/7/2008 08:50

nice 25K buy to kick things off:-)

[qs9] 29/7/2008 14:55

Agreed, but do they not own a stack already? Ultimately at around 1 X EV / EBITDA someone will take a look soon me thinks. DYOR etc, but on fundamentals I am unsure why the fall from 36p earlier this year!!

[pre] 29/7/2008 09:00

QS9....new broker note out shortly? Would be interesting to see directors picking up stock cheaply here....must be very tempting at current levels..

[qs9] 28/7/2008 11:38

wonder if a new broker note will be out?

[cliley454] 28/7/2008 09:48

Thease look like a bargain, have they got much further to rise short term?
Off topic have a look at SHG. just 2.5p a share with cash alone of 6p a share. Institutions buying at 5.25p a share. Interesting info on BB. Stick it on your monitor.

[qs9] 28/7/2008 09:27

cheers pre, was thinking I was in here all on my own!

Have picked up some more this morning on the back of today's announcement and will also look to top up as someone surely will take this out given high cash pile and continued profitability in a high growth market(s)!! IMO!

[pre] 28/7/2008 09:04

good to see company issue a confident statement...non exec director picked up stock in jan for 33p...wouldn't surprise me to see others following suit...looks way too cheap imo, dyor etc:-)

[pre] 28/7/2008 08:48

Qs9...indeed...in line with mkt expectations plus H2 confidence with beijing olympics around the corner shortly this looks like a strong recovery stock in my books. let's see how things plan out:-))

[qs9] 28/7/2008 08:42

Nice update, in line with market expectations AND confident for H2...so the EV/EBITDA ratio is about 1....DYOR etc...

[qs9] 24/7/2008 13:32

If they are still profitable then the year to date cash balance could be higher, making the actual business almost thrown in for "free" IMO! Barmy.

[vickenk] 23/7/2008 16:24

We've made it.. we are officially trading at a historic NAV of £5.6m which includes a cash balance of £4m and estimated profit for the year is £1.5m. Therefore, if the price does not move we will be trading at a 20% discount to NAV.. Its time we had an update from the Board.

[qs9] 15/7/2008 20:44

So now EV is £2m and forecasts from last note seen were for near £2m OP....not a bad market cap...but is it sentiment and small volumes or something else? If no profit warning then this is at 1 X EV/EBITDA IMO on forecasts, time for top up, sit back and wait for a few years and see what happens.

Plenty others out there like this me thinks.

[vickenk] 14/7/2008 11:31

for memory there is a trading update in a couple of weeks... but based on the reaction of the shareprice to previous positive news, then it may not move..we have a growing profitable company thats grossly undervalued so we need some PR for people to realise its potential.

[markie7] 14/7/2008 08:58

don't worry, I'll talk to you

[qs9] 14/7/2008 07:54

Glad someone else is on here (tee hee)...have been on here for it seems like (and is) literally years on me tod!

[qs9] 12/7/2008 17:40

Any takers?!

[qs9] 11/7/2008 20:14

Vickenk:

Cash pile which is they are profitable must be getting bigger IMO, must be close to £4-5m by now (was it not over $7m at year end?) AND then you have a business which as you say makes about £1.5m p.a. in the fastest growing sector and geography......

So EV is about £2-3m after cash so it is probably just over 1 times operating profit......mmm....I will therefore be buying some more as this looks very silly OR something is not right and they are now losing money (which I find hard to believe)....even if they were they still have lots of cash.....

[vickenk] 02/7/2008 20:38

Dont get it... Its trading at a 15% discount to NAV and will probably make £1.5m this year... its valued at under £8m. My broker spoke to them a month back and business was growing nicely.