Cellcast Share Discussion Threads

[recto verso] 30/11/2007 18:55

Here's an interesting find...



www.tvibe.com

The read this ....



And remember this...



Read the China part.

RV
(am I onto something here ?)

[james t kirk] 30/11/2007 07:48

Hopefully ADVFN will update their figures now, as they show a market cap @ 60% of true value..

[recto verso] 28/11/2007 19:14

Interesting fact...

Sumo joins Bebo Open Media
Monday, November 26th, 2007

Sumo TV, now the highest ranked independent channel on the Sky EPG, has announced it has joined Bebo's Open Media Platform. Sumo will bring its weight to sit alongside more familiar brands including the BBC, ITN, Channel 4, BSkyB, Endemol, CBS, Turner, MTV and ESPN. Sumo TV's own community web editors ...

"Highest ranked independent channel on the Sky epg" ?

Plus it holds two consecutive channels. January should be interesting.

RV.

[james t kirk] 28/11/2007 08:23

Online limts still the same, so you can buy cheaper than you can sell currently..

[james t kirk] 27/11/2007 16:03

Just to prove it - that was my buy @ 4.09p..

[james t kirk] 27/11/2007 16:02

Online quotes on SElftrade (and this is the right way round)

Buy 100k @ 4.09p
Sell 100k @ 4.15p

[recto verso] 26/11/2007 20:14

Darcon, Thanks for the compliment. It sometimes pays to research. Looking very good here. The PR has certainly improved since James Brown came was appointed as Director.

Now the directors have comitted themselves even further I dare say we have hit bottom and Cellcast is finally turning the corner.

A few more deals and news on epg slots and Sumo will be flying !

A JV/ hefty offer must come soon IMO.

RV

[the analyst] 26/11/2007 18:49

Another couple of articles of interest

[james t kirk] 26/11/2007 16:04

No change to online limits - yet..

[ace_of_trades2] 26/11/2007 15:55

l 2 ... just ticked up now 2 v 1.

[ace_of_trades2] 26/11/2007 14:37

Couple more buys and we tick up again...Should see 6-8p pretty soon.

[james t kirk] 26/11/2007 14:33

ONline limits:

Buy 100k @ 4.18p
Sell 100k @ 4.15p

[c1ty whispers] 26/11/2007 14:26

thankyou.............I thought so too.

;-)

[the analyst] 26/11/2007 14:20

That's a nice piece you found on the BBC city whispers

A lot of great publicity for sumo today

[c1ty whispers] 26/11/2007 14:14

Sumo joins Bebo Open Media
Posted in Broadband TV, DTH, Newsline by Julian Clover on November 26th, 2007, 10:34 am
Sumo TV, now the highest ranked independent channel on the Sky EPG, has announced it has joined Bebo's Open Media Platform. Sumo will bring its weight to sit alongside more familiar brands including the BBC, ITN, Channel 4, BSkyB, Endemol, CBS, Turner, MTV and ESPN.

Sumo TV's own community web editors are taking submissions from Bebo members for inclusion on the mySUMO television programme, which showcases user generated content in the UK. The content is then featured on the 24-hour channel. Sumo is working on further deals with social networking sites.

Readers will draw some comparisons with Al Gore's Current TV, which is buried in the depths of the Sky Guide.

[the analyst] 26/11/2007 14:08

Does look like good (lucky) timing for me, doesn't it moneymaker?

Hope so!

I was intending to reduce my exposure to shares a blittle as part of a long-term strategy, moving around 20% of my equity into agriculture-related investments (wheat prices, land needed for biofuel etc.)

However, having looked at the value being presented here, I couldn't really resist buying in today.

The best laid plans...

[the analyst] 26/11/2007 13:54

Neil Craven purchased shares in March, April, July and August amd I think the maximum he paid was 8p per share (although, very difficult to confirm)

In April this year 10m shares were issued and placed with investors at 8p per share. I wonder if any of those went into the 'concert party'? My guess is that they were.



"Cellcast Loan Update

RNS Number:2570V
Cellcast plc
20 April 2007


Press Release 20 April 2007


Cellcast plc
("Cellcast" or "the Company")


Loan Facility, Conversion to Equity and Placing


Cellcast plc (AIM:CLTV), the global interactive digital broadcaster, announces
that it has drawn down the remaining #602,000 of its #1 million convertible loan
facility with Headstart Funds ("Headstart") (the "Headstart Facility").


Headstart has today issued two conversion notices in respect of:


* the #200,000 convertible redeemable loan notes issued to it in respect of the #173,000
drawdown by the Company under the Headstart Facility on 20 February 2007 and the remaining
#27,000 of the #225,000 drawdown by the Company under the Headstart Facility on 19 January
2007; and


* the #602,000 convertible redeemable loan notes issued to it in respect of the #602,000
drawdown by the Company under the Headstart Facility on 20 April 2007.


In the conversion notices, Headstart has directed that the 10,025,000 shares
issued pursuant to the notices (the "Conversion Shares") be issued and placed
with investors at 8p per share.


Furthermore, the Board has issued 1,954,127 shares to HB Corporate in lieu of
fees at 8p per share.


Application has been made to The London Stock Exchange for the Conversion
Shares, which will rank pari passu with the existing shares in issue, to be
admitted to AIM, and admission is expected to become effective on or around 26
April 2007."

[moneymaker6] 26/11/2007 13:36

Amo, some dir's own cltv shares via nominee co's and collectively own 27.2% of the current issued share cap. If any one individual (or party) exceeds 30% they are obliged to make a full offer. This is unlikely to happen imo. My take anyway.

Very good to see those HS shares taken-up. Was my biggest concern. Lets hope Sumo deal completed b4 April and none of the further loan required.

ta, great price ... impecable timing imo.

edit. ps, the analyst explains your Q a little clearer.

[the analyst] 26/11/2007 13:33

Amotoor

Basically, this is standard when a holding is near 30%. The holdings are being percieved as a single holding (in concert).

If they increase their total stake to over 30% they are obliged to make a cash offer to buy the company at the highest price any of them paid for shares during the last 12 months. I haven't looked to see what the highest they paid for shares has been over the last 12 months. Would be interesting to know.

If such an offer were made, it would would still need a majority to vote it through. That would mean another 20% of the voting rights agreeing to it.

I wonder if such a deal might need people like Neil Craven to agree to it as he owns such a large stake - he would, I guess want to see significantly more than the 8p a share he paid recently for shares to recommend any takeover approach

[ace_of_trades2] 26/11/2007 13:11

Level 2 just gone 2 v2..


looks like share price wise CLTV is ready to blow..

[amotoor] 26/11/2007 13:10

TA & RV : Can you guys shed some light on second paragraph from Directors dealing statement below, what do they mean by," obligation to make a general offer".

Thx in adv.

Amo





The Panel has further agreed with the Company that Andrew Wilson, Bertrand
Folliet and Emmanuelle Guicharnaud who are directors of the Company are a
concert party ("the Concert Party"). Following the Acquisition, the Concert
Party will be interested in 20,406,767 shares representing 27.02% of the
enlarged issued share capital. These interests include shares held and/or
controlled by SMS Media Limited and Sardik Limited, who were members of the
Original Concert Party.

Under Rule 9 of the City Code, if the number of shares in which the Concert
Party is interested increases to 30% or more of the voting rights, the relevant
member of the Concert Party will incur an obligation to make a general offer.

The Concert Party's interests following the Acquisition are held as follows:-

Shares % of issued shares

Harkness Trading Limited (note 1) 6,687,500 8.86
SMS Media Limited (note 2) 9,680,062 13.21
Sardik Limited (note 2) 1,992,662 2.72
Andrew Wilson 1,643,000 2.24
Emmanuelle Guicharnaud 357,403 0.49
Bertrand Folliet 46,140 0.06
Total 20,406,767 27.02

Note 1: controlled by Andrew Wilson and Bertrand Folliet
Note 2: controlled by Harkness Trading Limited

[the analyst] 26/11/2007 13:03

Cheers, that could well be it, metaphysicalman.

I'm very suprised that HB are not a market maker for CLTV, given their holding.