Progressive Dig Share Discussion Threads

[the analyst] 30/10/2009 12:34

Yes, £14.8m, down from £15.4m last year is good stuff for the affiliate side of things. Less good, though, is that they say margins are down. A quick glance at the segmental analysis indicates the affiliate business is loss-making (I've not looked at the figures in any detail though)

Surprised to see another 9am AGM, after last year. You would think this would have been a good time to get back in tune with investors needs. I guess they will be expecting this years AGM to be a bit quieter than last years, with many holders having sold-out.

Maybe Mike Danson will turn up for this one?

[valustar1] 30/10/2009 07:52

AGM at 9am again

Obvoiusly dont want shareholders there!

[johnwall] 30/10/2009 07:35

Results are out this morning -


As OFT says above, they're just for the old TMN and don't tell us much about the current business. Ex-IBG holders like me may note that affiliate marketing has held up well in the recession .....

[old father time] 14/10/2009 20:16

Annual return is now up to date.

Filing of accounts still outstanding - due by end of month. They'll be for the old tmn and therefore meaningless but late filing would in my view be a very black mark against management.

[old father time] 30/9/2009 10:15

The statutory accounts are technically not due until the end of next month so at the moment there's no breach of the Companies Acts. The annual return is a different matter - after six months the Companies House enforcement process should be in full swing.

I had expected some sort of results announcement by now (albeit meaningless) - I'm sure I saw something which suggested they'd be reporting interims to end June. I can't now actually find any reference to interims so I probably dreamt it!!!

[takeatip] 29/9/2009 17:02

Could say there hs been a lot going on but no accounts filed dont like that at all.

[old father time] 29/9/2009 14:17

The annual return for the company was due to be filed at Companies House by 9 March 2009. It is still outstanding.

I find it very worrying that such a simple administrative chore seems to be beyond management.

[takeatip] 28/9/2009 17:07

Close to the end of the month and a drop in price oh well.

[old father time] 16/9/2009 11:35

takeatip

In the absence of any current information on trading performance, the assumption that an increase in turnover results in an increase in profits is something of a leap of faith.

[takeatip] 15/9/2009 19:07

Unless there is that type of increase I dont care but would assume that it would greatly increse profits.

[old father time] 15/9/2009 18:50

Turnover goes up by £41.6m (which might or might not be good news) - other than that - no idea.

... nor I suspect does anyone else.

[bushtuckaman] 15/9/2009 12:28

Could anyone comment on what kind of effect say £800k per week revenues have on this company plz

[takeatip] 15/9/2009 12:03

Been away for a few days nice to see the price moving up be even nicer if I knew why.

[oiht] 12/9/2009 07:53

If I owned 80% I'd want the share price to go as high as possible?

[davea] 11/9/2009 13:31

Why are we going up today?

[muffinhead] 09/9/2009 04:03

Danson's % is too high ?80%...compamy does not need a listing imo. Whitewash takeover clause suggests he will buy more

share falling under its own weight, who is going to average down or buy...he can take this as low as he wishes just like TMN was suspended at 2p

[snowy42] 07/9/2009 11:56

When,s the final payment anyone?

[takeatip] 04/9/2009 07:40

Danson made money in the good times, will is do it now is the gamble.

[coffeelito] 03/9/2009 20:32

has danson got any widows or orphans?

[old father time] 03/9/2009 19:54

bushtuckaman,

Don't think there's an answer to that.

This is a new business in difficult times - give it eighteen months or so and things will become clearer. Not something for widows or orphans but Danson's got form.

[coffeelito] 03/9/2009 12:39

why the drop today?

[tiltonboy] 03/9/2009 11:16

Looks like it.

[mateyx] 03/9/2009 10:32

i guess everyone has forgotten about this.

[old father time] 20/8/2009 18:07

The position here won't be clear until well into next year.

There'll be almost meaningless interims to June released next month, hopefully with some helpful comment on current trading. There'll be a pre-close update at the end of the year followed by the results for the six months to December 2009 in March 2010. By this stage there might begin to be a picture of how things are settling in.

This is a new business and it will take time for the longer term picture to emerge.

In the meantime the share price will be going nowhere.

The only thing which might liven things up is M&A activity.