Sport Media Share Discussion Threads

[watchout2] 02/8/2010 13:14

Looks like 750k has been crossed today from Lloyds i hope.

Good sign.

[watchout2] 29/7/2010 13:52

Great numbers from TNI today.

Spmg are a tiny player next to them but in the same sector so there
is hope here, Tni have generated a lot of cash and reduced their debt
a little, same is badly needed here with Spmg.

[watchout2] 27/7/2010 18:16

Lloyds confirm they sold 750k.

Just over 8 mil left, still a lot unless there is volume days
like yesterday.

[watchout2] 27/7/2010 15:37

Just noticed there was 2 large buys on plus yesterday so 3 x 300k+
buys yesterday hence 750k was let out with Wins who seem to have
the Lloyds overhang.

So one other mm sold 350k+ at 1.62p and will be short so as normal
taking the michael bidding 1.08p currently.

26/07/2010 15:29:47 1.10 100,000 O 1,100.00
26/07/2010 15:13:30 1.60 61,582 O 985.31
26/07/2010 14:49:43 1.40 350,000 O 4,900.00
26/07/2010 09:35:30 1.40 354,658 O 4,965.21
21/07/2010 14:29:36 1.10 29,118 O 320.30

[watchout2] 27/7/2010 12:48

You can sell 375k right now at 1.08p or buy similar at 1.58p

No problem getting out if you want to sell at rock bottom, there's
been some large buys at 1.4p or higher so the mm's will probably
love the chance to get it back close to 1p TM2.

Should be holding Rns after the close confirming Lloyds have sold
another 750k.

[themoneymonster2] 27/7/2010 12:45

Spread is nice, all the best trying to get out!

[watchout2] 26/7/2010 20:51

Great day for overhang reducution, 750k seems to have been cleared
from Lloyds today, not sure why the interest but in money terms these
are only £5k buys that have cleared that amount so it will not take
many more to clear this big seller, still that will take them down
below 9 mil and not 4 mil as i previously thought.

[watchout2] 26/7/2010 16:00

Best volume day for a while.

100k sale 1.1p, could be the 1.1p buyer from Friday, 350k buy on
plus as well at 1.4p.

Should clear another 500k from Lloyds hopefully.

[watchout2] 26/7/2010 14:48

LOL !

2 of them drop to 1.5p offer :-))

Could not make it up !

[watchout2] 26/7/2010 14:34

Not sure what buyers have to do here to get a mm to increase the bid ?

1-1.5p and 340k pays 1.62p and no increase in bid, greed again.

[watchout2] 23/7/2010 14:23

Well this has to be near the low now !

You can buy at 1.1p, if this dont get some volume it never will !

[watchout2] 22/7/2010 10:24

Somebody has had a go, 500k buy at 1.5p

Just checked and it's now 1.5p mid to buy online, i'm all for that
if it gets the volume to clear the seller.

[watchout2] 21/7/2010 16:11

I dont give up hope, i held something else that was 0.5p bid yesterday
and it's now 1.6p bid (Twl) so i know that these bombed out pennies will
have their day, the mm's could clear this overhang in no time if they
made a decent spread and generated some interest, say if they went 1.25-1.5p
and the buys started coming in it would probably continue.

I'm sure Spmg will have their day but for now it's in the back drawer
forgotten about.

[k_j] 21/7/2010 16:06

completely agree, far too wide to get any real turnover. Sadly with SWIP being a weak holder and selling into any volume it will be a case of pleasure delayed for a bit longer.

best of luck

[cartagena2] 19/7/2010 09:40

Hi watchout
The LSE site was particularly bad though the iii site wasn't far behind. This site was trashed by a couple of idiots and I think everyone just gave up on it.
My figures broadly match up with yours and I can't imagine much downside from here.
If this lot could actually increase sales there is a lot of profit to be made because of the low cost base.
However this management team really don't have a clue what they're doing so I don't hold out much hope.

[watchout2] 18/7/2010 14:06

Hi cartagena.

Was that done on another site because there was no pump and dump operation
on Spmg here, i remember the stock when it soared to 7p and the thread was
pretty quiet considering the rise, other stocks would see hundreds of posts
daily when their stocks double.

I hope the debt has come down a bit in the results and not just a few bob,
very hard to try and second guess how much money they will make and what kind
of cash generation they have now, in the old days in good times they made over
5 mil pbt and generated over 2 mil of cash, the forcast of 0.7 mil Pbt is very
low considering but gives a chance of being beaten, and the price back then was
25p and now it's 1.5p so it reflects the drop but i still think this is heavily
oversold but this happens in all stocks with a long term seller, but at the same time it wont get a fair rating until they can show the debt coming down in good proportions so jury still out but still think the price is worth at
least double the current price.

[cartagena2] 17/7/2010 10:46

The share price was the victim of a pump and dump operation at the start of the year from around 3.5p to 7p so I imagine there are a lot of wary people around nursing losses.

[watchout2] 16/7/2010 20:02

Lloyds confirm.

4,937,283 left so my sums slightly wrong.

5 mil to clear then the stock will probably double or more on a overhang
that has depressed the price for the whole of this year and longer.

Offering stock at 1.62p, would not take a few great volume days to clear
it but volumes here have been tiny with the odd decent buy, the mm's dont
help the situation showing 1-2p spread on the monitor.

Still this is worth waiting for, it should do well when they run out of
stock but how long this takes is a very hard guess to make.

Still nobody here then, well just the two of us.

[watchout2] 15/7/2010 16:44

220k + buys allows another 250k to clear from Lloyds at 1.38p

Should be a rns within 2 days to confirm they move below 5 mil
to 4.85 mil, it's getting there.

[watchout2] 15/7/2010 13:40

Bit of buying today, cannot believe these 3 mm's are still just bidding
1p, nobody will sell that low and the odd buy trickle through each day.

75k bought on ord and 220k just bought on plus at 1.8p and they bid 1p !

[watchout2] 12/7/2010 07:58

Confirmed this morning.

5.1 mil left or £100k's worth, at current rates i'll guess this will
clear within a month with more of a rush when they go under 3%.

[watchout2] 08/7/2010 16:28

Nice, another 500k cleared from Lloyds today it would seem.

Getting there slowly.

[watchout2] 08/7/2010 09:29

150k buy on plus and they still keep the spread 1-2p !

08/07/2010 08:19:32 1.75 150,000 O 2,625.00