Cellcast Share Discussion Threads

[the analyst] 19/4/2010 19:53

Exactly

For such a small company a few big sells like this would normally send the price crashing. So, it's obvious to me that someone out there is very keen to accumulate. As you say, the most likely reason would be to get a stake in Cellcast Asia on the cheap

Wonder when we will get the next news?

Final results for the year ended 31st Dec 2009 could be out anytime, but I suspect they will leave them until the last minute (30th June)

[strawberryfields] 19/4/2010 18:38

Interestingly, who is buying. Note the 750k buy on plus market last Friday.

Been going on for a while now this liquidity.

I'd not be surprised if Cellcast get a bid from someone wanting a 37% stake in Cellcast Asia. Easy way to buy into the unlisted, private company.

Eyes peeled.

[watchout2] 19/4/2010 13:28

Does anybody think Craven wants out completely ?

Not another overhang, got enough of them already !

[simonparker5] 16/4/2010 16:11

Here we go where Topgun?

[topgunns] 16/4/2010 14:58

Here we go

[watchout2] 12/4/2010 16:13

Best spread for a while.

4.3-4.6p online now.

[watchout2] 09/4/2010 09:30

MM.

Indeed, i think the wide spread is just a lure to fish out the impatient,
i can sell 500k at 4.13p or 375k at 4.25p so there is big demand for the
stock at the bid prices.

Also you can buy 500k at 4.9p, highly liquid at the moment with size available
both ways, probably explains the stand off with the price.

[mister md] 09/4/2010 09:25

Read an article yesterday which mentioned mobile phone users in India increased almost 4-fold over the past 3 years to 600 million users... can only be good news for CLTV

[the analyst] 30/3/2010 17:37

No problem, it was a bit hidden by the Director buying at the time

[s280909] 30/3/2010 17:15

TA : Sorry, ur right, i didn't see that rns, it is 1.7m.

[topgunns] 30/3/2010 14:30

He bought high and sold low. Great contrarian indicator really.

[the analyst] 30/3/2010 13:34

I met Neil at one of the AGMs and he seems like a lovely chap, but I have to say, I was a little shocked about how little he knew about CLTVs financials. Back then, despite owning 20%+, he had absolutely no idea about the margins and the way they had declined to leave the company loss-making.

One of his investment arguments for CLTV was that 'companies like this would have been worth a billion pounds if it was 2000'. I was initially surprised with such a view to company valuations, but then noticed he had made his money on a punt on QXL, so that helps explain the romantic view that those year dotcom boom valuations were somehow relevant to todays prices

At some of the pro investor meetings, Neil is regarded as a gambler, rather than a serious investor. The Directors and investors at LNG (where he is a non-exec) confirmed that he had got himself into financial trouble by gearing up on super-high risk shares and was struggling to pay margins.

So, although he's a great guy, I personally put no weight behind any of his trades (from the perspective of the company progress and performance) and I suspect he has been selling here either for tax reasons or to pay margins on his other positions.

Neil is an 'insider' and knowing this Board, they would have been very unlikely to have let him sell if there was anything amiss with trading, imo

[the analyst] 30/3/2010 13:17

When I looked back, Craven held 14,287,391 on 25th July 2008 and now holds 12,587,391, so I still make it 1.7m shares he sold

"RNS Number : 9044Z
Cellcast plc
25 July 2008

Cellcast plc
('Cellcast' or 'the Company')
Directors' dealings and grant of options

Cellcast plc (AIM:CLTV) has been informed today of the purchase of 1,000,000 shares by SMS Media Limited (a company controlled by
Harkness Trading Limited, which in turn is controlled by Andrew Wilson and Bertrand Folliet, respectively CEO and COO of the Company), at a
price of 2 pence per share. SMS Media Limited is now interested in 10,680,062 shares in the Company, representing 14.14% of the issued
Ordinary Share Capital. The shares were acquired from Neil Craven whose interest is now 14,287,391 shares in the Company, representing
approximately 18.92% of the issued Ordinary Share Capital.

[watchout2] 30/3/2010 10:41

Big holders cannot pick and choose when they want to sell otherwise the
price would collapse in a quiet market.

Perhaps somebody has approached Craven and he thought he would bank a good
profit (i'm right in saying he got most of his at a fraction of current price)
for a small % of his holding, possible tax reasons for the sale as well dont
forget.

[s280909] 30/3/2010 10:31

ta : Craven sold 2.7m not 1.7. I agree, who is buying all these? last week there were two over million trades and on last one share price fall .25p. It does make me think why is he selling now after all this time if company is just about to turn around or is it? Craven is very experienced Investor also rally is purely because of CAH and I cant see the a/c for CAH any where, so no idea where growth is coming from apart from what they said or if its sustainable. mTouche off loading, I can understand that but Craven......hmmmmmm....makes me think. Until I see who picked up or new entity on board, i believe Craven is leaving for what ever reason....imho...dyor.

Just checked even yesterday there were two 500k transations all going through PLUS, those could be a rollover trade as well.

[the analyst] 30/3/2010 07:11

Looks like Craven has sold another 1.7m shares, just over 2%. Someone must have been buying them for the share price to have held up whilst he was off-loading

He has a history of getting the timing of his buying and selling of CLTV completely wrong, so I suspect we could be in for some more good news soon :)

[the analyst] 26/3/2010 22:29

Quite a few new jobs listed over the past month at Cellcast India

Obviously still expanding rapidly

[the analyst] 26/3/2010 22:25

more:

"Executive Team
Pankaj Thakar CEO
K.S.VenkatesanVP Accounts & Finance
Alok Yadav VP Technology
Somnath Burman RoyVP Content Development


Pankaj Thakar- CEO
Highly successful Executive with entrepreneur's heart with over 23 years of rich experience in building multiple businesses. Currently as CEO and MD, he is spearheading Development and Distribution of Participative Content for their proprietary converged platform of TV, Mobile & Internet in India. Under his leadership, Cellcast India has changed the way TV Content is being consumed & generates alternate revenue for content developers/producers and their media partners like TV, Print, Radio and Internet. It was his vision that the company was able to develop fantastic Participation TV shows like Bid2Win and Bollywood Dhamaal with many more going forward. PANKAJ THAKAR started his career with HCL in mid eighties and been part of companies like India Telecom etc. His last assignment before Cellcast was as CEO of a Silicon Valley based start up Consilnet Inc, for four years. Pankaj holds a bachelor degree with Honors in Mathematics and Masters in Business Administration.

K.S.Venkatesan- Vice President - Accounts & Finance
Chartered Accountant with over 17 years of experience in India more than six years of managerial proficiency in multinational companies.
Functions handled include Corporate Finance, Strategic planning; risk analysis; Business processes, policies and systems; Legal and compliance matters; Implementation of ERP software; Funds and Cash flow management, Budgeting; International Company reporting; Financial accounting including US GAAP accontin and Sarbanes & Oxley Act; Liaison with Banks, financial institutions and governmental agencies.

Alok Yadav - VP Technology
Alok Yadav comes with a vast experience of over 19 years in the IT Industry. Alok is a veteran of the offshore software development industry, with deep experience across Project Management, Client Delivery, Methodology creation and implementation. He is honed into understanding of organization dynamics, and has considerable expertise in Offshore Delivery having been running ODC of varying sizes from 40 to 400. During his tenure within the company, he is leading the initiative to streamline delivery out of the start-up phase into the institutional phase by putting systems and structures in place. Alok is equipped with an Electrical Engineering Degree and an MBA from S.P.Jain College, Mumbai University.

Somnath Burman Roy - VP Content Development
He has rich work experience of 18 years in the music & television industries with in-depth exposure to Ideation, Scripting, Creative Direction, Direction, Production, Programming, Scheduling, Anchoring & Man management. Has complete experience from the grass-root level hence has insight and expertise in all aspects of television-production (live & non-live) and music. Well versed with the technical / operational aspects of setting up and managing a television channel / production unit.
"

[the analyst] 26/3/2010 22:25

From the site"

"We are going to change the way viewers will consume Content.

Cellcast Interactive India is the pioneer in developing integrated participation content in the fast-growing Indian mobile and interactive TV market. We use traditional media like TV, News Paper & Radio for customer acquisition and new media to enable customers to pay-and-participate. We have successfully executed its unique business model in India and are experiencing rapid revenue growth. A good example is one of our product Bid2Win, which has already received 30 million responses from 2.5 million individuals in a span of 1 year.

Cellcast's content is distributed on new as well as traditional media with real-time participation enabled through SMS, IVRs, Web, WAP & 3G. With TV as mass medium and Print, Internet & Radio too used extensively, Cellcast's content has strong revenue generating capabilities. The Cellcast India has already created a strong track record in this arena. Cellcast India has rapidly growing operations in several countries like Sri Lanka, and Malaysia"

[the analyst] 26/3/2010 22:25

Indian website has been updated:

[the analyst] 25/3/2010 00:07

I noticed that too - someone seems to have been doing that for ages, just picking up any that make their way onto the market, slowly bulding a stake...

[watchout2] 24/3/2010 23:41

Somebody picked up 150k at 4.9p on the brief dip in the offer today
showing on plus markets.