Cellcast Share Discussion Threads

[the analyst] 14/2/2008 18:21

Just to add - roll on 1800p!!!

[the analyst] 14/2/2008 18:20

If it helps keep a little bit of hope alive, Neil craven was holding and accumulating QXL in 2004 (now trading as TRAD)

I think the shares were trading at the equivalent of 2p in 2005 and are now trading at 1800p. From being virtually worthless at one point, the market cap is now £820m

He still owned 2.5% of the shares last time I looked, although that was a while back.





He's had what look to be some shockers too - LNG looks to be one of them. That said, LNG still have plenty of potential should gaming legislation and regulation go their way in Europe, so perhaps shouldn't call it a shocker prematurely (just as CLTV is not dead yet, either)

[amotoor] 14/2/2008 14:11

mm : We need to get the same pills RV is on. :-))

Amo

[moneymaker6] 14/2/2008 11:00

Buying only seems to cause a short-term blip then the share price reverts to its down-trend. I'd say it stinks ... 2 grand of trades and down over 13%. And we're No. 3 on the losers board. What is it with these Co.s. Show so much promise but always seem to fail to deliver. I must learn.

[digger27] 14/2/2008 10:05

Something stinks here. What appears to be a 100k buy has no affect then some poor sod gets stung on a 100k sell and down comes the share price

[the analyst] 13/2/2008 17:17

Wonder where he got the shares from?

His holding has gone from 12,749,927 to 13,294,927 - an increase of 500,000 shares worth around £15k at 3p per share

200,000 went through on the 6th, but apart from that, it's been very quiet. I guess the transaction might go through later

[moneymaker6] 13/2/2008 16:57

Old news but he does like to spread himself a bit but seems fully switched on.

RNS Number:3440I
Medsea Estates Group PLC
23 November 2007



Medsea Estates Group plc
("Medsea" or "the Company")

Board Appointment

Medsea Estates Group plc (AIM: MEA), the Mediterranean-based property group, is
pleased to announce the appointment of Neil Emmet Craven as a non-executive
director with effect from 1st December 2007. Mr Craven holds 1 million shares in
the Company representing 1.3% of the issued shares.

Neil Craven, 39, has many years' experience at senior management levels in
telecommunications and fund management. He was part of the founding management
team of Carrier1 International S.A., a NASDAQ-listed pan-European provider of
telecoms services to internet service providers and other telecom companies
where he served as vice-president in charge of business development from 1998 to
2003. During this time, he was also responsible for the pan-European broadband
business and for capital expenditure across the group. In 2003, he moved into
fund management and from late 2004 to the end of 2006 he was a partner in a
Swiss-based asset management and corporate finance boutique where he was
responsible for establishing and managing a hedge fund focussed on special
situations and small cap equities. He is currently a private investor focusing
on small-cap equities. He holds a degree in computer engineering from Trinity
College Dublin and an MBA from the Rotterdam School of Management.

[digger27] 13/2/2008 16:48

Well he is either very astute or clueless and we are in the same boat.

[darcon] 13/2/2008 16:37

Cellcast says Neil Craven lifts stake in co to 17.61 pct

[moneymaker6] 13/2/2008 16:32

the analyst, i stopped getting replies from Mr Wilson. I hope that you have better luck with the weight of your holding. Eh, why not join forces with NC and t/o the Co.

[the analyst] 13/2/2008 13:59

I emailed the board a while back to ask some questions, but received no reply - I find that unacceptable investor, especially as I have a significant holding.

[the analyst] 13/2/2008 13:48

Ah, I see - perhaps it's referring to a new .tv website, rather than the .com one?

I think it may have been updated quite a bit

[the analyst] 13/2/2008 13:43

That's very odd to be announcing the AIM Rule 26 compliance for a second time, isn't it?

[recto verso] 12/2/2008 07:19

TG,

Possibly not again, but still lol. Hopefully they get that Sumo Master licence completed very soon, should help.

I'm sure the interactive tv apps will ge back up to speed soon enough, possibly already up to speed (not including Sumo).

RV

[topgunns] 11/2/2008 21:55

If there's one thing i'm sure of, it's that we are in trouble in brazil again. Rating fallen from 600s to 1600s!

[recto verso] 11/2/2008 19:30

Analyst,

No, YOO management never bought and that should have been a big warning to shareholders.

They did however constantly use "spin" in their updates to cover what a sh*t state the co. was in.

The CEO did loan the company some money prior to the loan note (circa £3 million of the top of my head but quickly got it out (with interest !) when he saw that the company had very little chance of turning things around with the strategy that the management (including obviously the CEO) had implemented (basically they blew millions on "TV gaming and gambling").

YOO have good technology but unfortunately do not have the management to "market and develop" their own B2C brands (examples are "Dateline" and "Fancy a flutter", both of which could have been massive if marketed and developed to meet the huge demand).

Sadly YOO fu*ked it up ! along with it a lot of shareholders cash !!

At least with Cellcast management have put their money on the table and also brought in very experienced management to push their B2C brand (i.e. they realised that they couldn't do Sumo justice on their own !).

Personally, I think James and Alex will make a screaming success of Sumo. Could management have found 2 better guys in the industry ? I doubt it !

RV

[the analyst] 11/2/2008 01:20

Did YOO directors buy shares in the same way that CLTV directors have done to take up the slack of the loan note?

[recto verso] 10/2/2008 18:38

Unfortunately YOO management are not up to the job, despite good technology.

Lets hope Cellcast management can deliver and not shaft PI's.

RV

[saifon] 10/2/2008 13:36

Recto Verso - 10 Feb'08 - 12:31 - 316 of 316

Yes and existing share holders have lost everything

[recto verso] 10/2/2008 12:31

saifon,

and yet following consolidation yoomedia will be valued at circa £20 million....

rv

[the analyst] 10/2/2008 11:01

Really good comments, which sum up the company very nicely.

I agree with saifon that the loan note is the big problem here. The directors and major shareholder bought the last tranche of £500k, which makes further dilution an important factor for them too. That should be re-assuring for investors, but does not guarantee success.

Trouble is, we don't know what will happen to the tranche coming up next. Hopefully there will be some sort of asset sale, spin-off or similar that will raise enough cash to pay off the loan and give the company the money it needs to build the business profitably into a £10-50m company in years to come.

[saifon] 10/2/2008 10:52

I'm also of the opinion that no matter how much money CLTV spend on content, SKY will always spend more and do it better - botttom line is that the customer will play with the channel with the best 'bells and whistles'

SKY with the biggest interactive budget will always hammmer the competition.

[saifon] 10/2/2008 10:49

The problem here is the loan note - nobody wants 2 buy because they know that the holders can convert at lower and lower prices - it has a drag effect on the share price - evidence of this can be seen by viewing the Yoomedia share price since May 2006.

Loan notes are a disaster for a share price but directors never seem 2 learn - they would have been better off raising the money via a huge, discounted placing at 2.5p. At least then, the uncertainty would have been removed.

I do not think this company is a Yoomedia but I still would not touch any small cap with a running loan note.

Once bitten, twice shy!

[recto verso] 10/2/2008 09:15

I agree the Sage.

Personally I believe Cellcasts success depends on Sumo.tv and the ability of James Brown to use his creativity to turn the sky TV channel into a respectable entertainment channel, packed with "alternative" and cutting edge programs. Mr Brown certainly needs to sign some big content deals to improve viewing figures, which at present remain relatively low.

His success with Loaded (the most cutting edge and alternative mens mag of its time) and later GQ (he completely turned around this, once failing, magazine) makes me believe that he is the man for the job.

Obviously the more viewers, the more ad revenue the channel will create and the more hits the sumo web site will receive.

I believe the entire web site and content on the TV channel is undergoing a huge revamp at the moment. The results of which will be seen by all over the coming weeks / months.

Could Cellcast be the largest independent digital broadcaster on Sky within the next year ? How much ad revenue will this generate ? Can they push the potential TV success onto mobile as well ?

Seperately to this, will the second tv channel on sky be sold off ? or alternatively, will sllots be sold to other content providers / producers. Could a sale generate a 6 figure sum now that SKY have stopped providing channel slots ?

The potential here is indeed huge, we need to give JB time to get everything in place, improve content and then build awareness of the Sumo brand. Early marketing and content deals suggest that things are progressing rapidly.

Based on the potential I strongly believe a £2 million market cap for the entire company is ridiculous. Particularly in the light of peer value.

I believe the co's 37.5% holding in India is valued at $5.1 million based on a $1.4 million investment....

RV