Apace Media Share Discussion Threads

[1smart] 14/9/2007 16:10

ONLINE LIMITS BUY 25000 V SELL 150000.

[1smart] 14/9/2007 14:09

blue shortly way oversold for no reason.should start climbing above highs come interims.

[1smart] 14/9/2007 13:59

seymour had this a buy at 17.5p in june,since then there has been massive growth in bulgaria and the 5 mill not in junes results,it will be in the interims.

[1smart] 14/9/2007 13:56

looks like there will be another 5 mill in the pot that was not in finals.dyor

[1smart] 14/9/2007 13:53

im in was looking at junes finals looks very promising with interims due.

[tonyx] 14/9/2007 13:50

RNS Number:8873D
Apace Media PLC
14 September 2007


Apace Media Plc (the "Company")

Statement re share price movement

The Company notes the recent fall in its share price but is not aware of any
reason behind this fall. The Company will be announcing its interim results on
27 September 2007.

Enquiries:

Apace Media Plc:
Didier Stoessel/Martin Johnston 020 7471 9393

Seymour Pierce:
David Newton/Matt Thomas 020 7107 8000



This information is provided by RNS
The company news service from the London Stock Exchange

END
SPMILFVVAAISLID

[humphbumph] 14/9/2007 09:45

I also have deep foreboding on this score.

However, for my sins, I have invested in quite a few similar companies (an addiction) and all of them have this high degree of volatility with unexplained drops and rises. In Apace's case, though, they've all been drops!

Is there anyone who can phone the company? I'm not in a position to do so this week.

[humphbumph] 14/9/2007 09:26

I agree. The company has been very quiet about this never-ending drop. Didier had better get his act together.

[skyship] 14/9/2007 09:17

I don't know about "shortly"; on a fall of this dimension I would expect some sort of statement pretty imminently....

[encarter] 13/9/2007 21:21

We should find out shortly as results are due in the next couple of weeks.

[59david] 13/9/2007 19:14

This share is beginning to look rather sick for no obvious reason - always rather worrying

[encarter] 12/9/2007 07:47

Good news for APA. It looks like the one off is going to be a series

[refilet] 05/9/2007 08:34

From last results. Paid in 8.5m paid out 3m, post results. Does this mean they will be showing a 5m profit from this deal at interims?

"Balkan Media Group Joint Venture As noted above during 2006 we negotiated a strategic partnership in the Balkans with MTG Broadcasting AB (MTG), the international entertainment broadcasting group. This strategic alliance, creating a new 50/50 joint venture company, Balkan Media Group Limited (BMGL) has the potential to become the leading broadcaster in the Balkans and holds all of Apace's Eastern European channel assets. MTG paid an initial consideration to Apace of Euro8,574,100 for its 50% holding in BMGL. Apace and MTG have each paid Euro3,075,000 to acquire their share of the remaining minority holdings in Diema. This transaction values the former Apace Balkan assets at approximately Euro17m (#11.5 m) and marks a shift in the Company's channel operating business, significantly de-risking the Eastern European activities. Apace will benefit from the greatly strengthened channel business in the Balkans but avoid bearing the full development costs and operational risk. Early initiatives include the restructuring of the pay channels in Bulgaria, by changing Diema+ into a free-to-air channel capable of attracting far larger audiences. The move has been made in order to capitalise on the rapidly growing television advertising market. This strategic switch mirrors a successful initiative introduced by MTG in Hungary with Viasat 3 which resulted in a significant increase in audience. Driving this free-to-air development will require additional programme spend, which will have a negative impact on short term profitability. We have also secured exclusive Bulgarian broadcast rights for English Premier League Football until 2010 as well as the 2008 UEFA European Championships. This gives our Bulgarian channels access now to top football from England, France and Spain - by far the strongest sports offering in the region. "

[welsheagle] 29/8/2007 19:21

Only three small trades, today and yesterday so don't think there is much in this legal case?

[humphbumph] 29/8/2007 11:25

'I don't know' is the honest answer. However I can take an intelligent guess at one or two factors.

1. A singular lack of news. Maybe they've got nothing to say, but usually companies in this area of endeavour can usually FIND something to say!

2.It's a very small company. Not only is it below most institutions' radar but many such institutions have terms of reference which 'prohibit' them from investing in companies below a certain market cap.

3.The shares in nearly every company in which I have investments have gone down roughly proportionately. The fall in APA has not been inordinate bearing in mind that it is, once again, a penny share to all intents and purposes.

4. They have extended their start-up investment phase. Whilst they have sufficient cash, which, it seems, they do, there is no concern except for those shareholders who have to take a short term view.

5. They are working in shark-infested territory. I do worry whether their local management in the Balkans is up to scratch. The countries in which they are operating are the least developed in Europe. The upside is, of course, that if they achieve success (and the local economies also do) the rewards will be very great. This factor makes APA unlikely to be a share for widows and orphans or the impatient.

6. I think that the unexplained departure of Rowlands may have something to do with present weakness. Although there are other good people in management they may experience a skills gap in certain areas.

We shall have to wait to hear further developments. I haven't sold any: I and my immediate family hold 488,000 of these!

[humphbumph] 29/8/2007 10:06

I agree with you --theoretically! But the record business is fragmented, fractious and litigious. Usually cases are settled before coming to court. Moreover the damages are not usually particularly high because the 'losses' are not great. However I wish I knew more about this particular case: where did you get the details?

[humphbumph] 28/8/2007 23:07

What makes you think there will be other cases? I said, because I know, that this kind of thing is not uncommon in particular circumstances. I am not predicting other occurrences for Apace.

Also what makes you think Apace will lose this case?

Finally you make it seem as if it were uncommon for such cases to take a year to get to court. Well, it certainly is not.



How do you know about all this? Do you have a particular axe to grind?

[humphbumph] 28/8/2007 22:35

I think it's unlikely that this case will either be long-lasting or expensive. This kind of thing is not uncommon with compilation albums etc.

[mooreatupton] 28/8/2007 19:40

Court case? Could you elaborate please