Catalyst Media Share Discussion Threads

[morgs] 03/3/2006 10:25

Buying it on the cheap !!!

I wonder who will have the last laugh, buyer or seller.
(In a desperate bid to add some drama to this BB)

[bsg] 03/3/2006 10:17

Shame there's not more interest, the 500k buyer seems to be getting their way.

[morgs] 03/3/2006 09:32

And day 5 of the battle between the large seller and the large buyer with the first salvo going to the seller.

[morgs] 03/3/2006 09:14

Well did some digging, the was no concern regarding a take over only that 8p would be too cheap. I gather there are moves to expand the business in a different direction and that a deal is being worked on at the moment and is not far from being released. Something to do with gambling and web sites, and that is about as specific that I have at the moment.

[morgs] 02/3/2006 15:17

Very strange I must say.

[bsg] 02/3/2006 15:03

But the 1000000 sells seem to be feeding them.

[bsg] 02/3/2006 14:52

500k blocks are getting popular !

[red ninja] 02/3/2006 12:07

I think there must be a few short term traders making good money trading the yo-yo movement.

[bsg] 02/3/2006 11:56

There are some more largish purchases today ?

[morgs] 02/3/2006 11:52

Damn, that will be those big purchases, so no smoke then.

[red ninja] 02/3/2006 10:25

Looks like the pension fund is pretty confident they have found a banker that or the profs will be drinking sour milk.


2 March 2006

Catalyst Media Group plc
('Catalyst' or 'the Company')

Holding in Company

The Company was notified yesterday, that Universities Superannuation Scheme
Limited has increased its interest to 50,950,000 ordinary shares of 1p each in
Catalyst, representing 8.12% of the issued ordinary share capital of the
Company. The shares are registered under Chase Nominees Ltd (USS).

[red ninja] 28/2/2006 17:13

Morgs,

I'm sure CMX has quite a few followers even if they are not posting currently.
I'd be interested to hear any feedback.

[morgs] 28/2/2006 15:23

Well I am not alone, the price of 8p was what Paul Duffin and Steven Smith recond as a reasonable valuation just after the deal was done. So it seemed that 8p as a purchase price is a wholy reasonable figure. I am going to make some calls to hear some views from the inside. I am glad I am not saying this to myself!

[red ninja] 28/2/2006 14:55

Well if the is a reverse takeover hopefully it will value CMX at least at 8p given it is expecting a hefty SIS dividend which should put it on an attractive PER.

[morgs] 28/2/2006 10:34

Here we go again, just me and the silent speculator. Another 2m trade this am and the MM's have had to lift. Anyone interested ?

Mind you it now looks like the 2.1m trades were a negotiated buy/sell with the MM making 0.125p

[morgs] 28/2/2006 08:39

Still very quite considering the rumour, probably not being taken seriously I guess. I love the missing decimal point in the price!

[mirandaj] 28/2/2006 07:11

Rumour of the day - The Times


Catalyst Media Group ticked up 18p to 358p in above-average volume amid word that a privately owned gaming company had sounded out Marshall Wace, the hedge fund that is a 23.9 per cent shareholder, on its willingness to back a reverse takeover. The £22 million group owns 17.6 per cent of Satellite Information Services, a sports content producer, from which it receives a hefty dividend.

[red ninja] 27/2/2006 18:21

I see that there has been rumours of some corporate action with CMX ie reverse takeover. Wether it will come to anything we will see, the volume of trades seems to be increasing anyway.

[morgs] 27/2/2006 15:41

>bsg - Still strange stuff, volume not to be sniffed at.

[bsg] 27/2/2006 15:09

I think they're protected trades not T+20 trades

[morgs] 27/2/2006 15:05

Well anyone have any clues as someone thinks they do. Two (purchases I guess as the bid lifted) 1.7m @ 3.562 and 1.2m @ 3.5 and both T trades so someone thinks something is going to happen in the next 20 days!

Had to buy some on the strength of someone having a 100k punt!

[bsg] 27/2/2006 14:43

X - trades, T - trades, trades below the bid, some funny stuff flying about here.

[red ninja] 17/2/2006 21:11

Well you've got to be patient with this one as things may not change overnight, but long term its looking good.

[morgs] 17/2/2006 11:18

Humm, flatter than I could ever believe.

Cardiac arrest, can someone shock this share to life, or is it terminal?