Cellcast Share Discussion Threads

[lufc5] 05/7/2010 16:08

Thanks for that info Karl.

[watchout2] 05/7/2010 16:05

That is major news !


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

Directors Dealings

Cellcast plc (AIM:CLTV) has been informed today of the purchase of 1,500,000
shares in the Company by SMS Media Limited (a company indirectly controlled by
Andrew Wilson and Bertrand Folliet, respectively CEO and COO of Cellcast) at a
price of 3.5 pence per share. SMS Media Limited is now interested in 12,180,062
shares in the Company, representing 16.02% of the issued Ordinary Share Capital.
The shares were acquired from Neil Craven whose interest is now 4,963,000 shares
in the Company, representing approximately 6.53% of the issued Ordinary Share
Capital.

Following this share purchase Andrew Wilson now has a total direct and indirect
interest in 11,291,862 ordinary shares in the Company, equivalent to 14.85% of
the issued Ordinary Share Capital and Bertrand Folliet now has a total direct
and indirect interest in 11,261,362 ordinary shares in the Company, equivalent
to 14.81% of the issued Ordinary Share Capital.

[burgerbarwomen] 05/7/2010 13:54

David


and your numerous Mello meeting with Creedy got you exactly how far?

i have no respect for your views/input anymore.

Regards

[the analyst] 05/7/2010 12:31

Meanwhile, I guess the next update will be at the end of September, if the statement in the last results is anything to go by:

"However, in April 2010, we began monetizing the Freeview capacity
in which we have been investing. As a consequence the group's performance was
positive during both April and May, a trend which we expect to continue
throughout the remainder of 2010. Lastly, but significantly, CAH continues to
perform well. The Directors look forward to reporting more fully on current year
progress at the 2010 interim announcement stage. "

[simonparker5] 05/7/2010 12:31

We got an update on CAH on the 4th of February this year which related to the second half 2009. We get therefore an update on the 4th of August regardsing CAH's first half 2010. If so only a month to go.

[the analyst] 05/7/2010 12:31

Totally agree, David

at quite a few of the AGMs I've attended, the Directors have been surprised, almost shocked when they saw a PI was attending and wanted answers to questions. I'm sure you have the same experience all the time

Even the smallest microcaps have hundreds of private investors on the books, so you would think that a few people would turn up at every AGM to find out what's going on, but they don't. It's a total mystery to me

Perhaps Directors should be forced to give out a free lunch? At some of the FTSE AGM, I see OAPs literally filling carrier bags with the buffet to take home for their tea. At least that means people attend the AGMs, albeit perhaps for the wrong reasons...

[davidosh] 04/7/2010 13:29

the analyst....Thanks and sorry my call was not aimed at you as I know you put in a lot of effort but it just amazes me how many spend hours and hours on bulletin boards getting into arguments over minutae then never take real interest by showing management they exist and challenging them with questions.

I attend 40 Agms minimum each year and I feel it is important to know the quality and mentality of the management. Why do so few take an interest here ?
Are people just taking £2k punts and hoping they five bag or lose everything so for some reason think their input is immatierial ? Directors who see NO interest from shareholders will have no relationship with investors and hence not worry about legging over those invisible investors if you get my drift....not that such things ever happen with all these delistings as an excuse of course !!!

[the analyst] 04/7/2010 13:02

Unfortunately, I was abroad so couldn't attend this year and I don't think metaphysicalman could make it either. I think we might have been the only PIs to have attended the AGM at all over the past few years, so I doubt there will be a write-up from anyone else...

[davidosh] 04/7/2010 12:49

About four months ago there semed like a hundred of you posting on here now only a post every week....What went wrong or happened ?

I cannot believe out of all those long termers and supporters nobody even turns up at an AGM to question management ?

Any thoughts on why there is no trading update at the AGM as surely the half year is now complete ?

[lyonst5] 04/7/2010 11:37

I would also be intereted to hear if anyone went to the AGM, even only to the mood of the meeting and the future outlook going forward.

As for CAH, we will get a update in the interim results in September if a not a juicy trading update is released before hand. And i see from googling that CAH are still on a recruitment drive.

I've been a little busy of late, but i still see that Mr Craven selling down and creating something of a overhang, but i also noticed a few chunky buys going though of late as well.

And a snippet from Metaphysicalman post on TMF, just to remind us why we are here :)

"India value at £3m - £6m, UK at £1m - £12m, which equates to total value of 5.3p – 23.8p per share, if the full value is recognised. I think the H1 results, out in late September, will show the progress in the UK, while any movement on the India investment is also likely to be H2"

[sos100] 30/6/2010 12:41

did anyone go to the agm?

about time they gave an update on CAH.

[watchout2] 23/6/2010 10:41

Guy Thomas buys more from Neil Craven.

[burgerbarwomen] 16/6/2010 12:34

10K shares sold at only 3.75p

Hmmmm.........

[lyonst5] 10/6/2010 17:02

Well i expect to see a raft of rns's on new positions over 3% soon, as Craven's shares can't be disappearing into thin air.

[yogi13] 10/6/2010 14:54

Bought another 100k at 4.05p. That brings my holding to 450k at an average of 4.75p. Am I going to be rich??
On-On /Yogi

[the analyst] 09/6/2010 13:28

3) Directors' emoluments

Aggregate emoluments for qualifying services
342,725 - 2009
346,450 - 2008

Company's pension contributions to money purchase schemes
10,600 - 2009
10,600 - 2008

Emoluments for highest paid director
100,000 - 2009
100,000 - 2008

Pension contributions
10,000 - 2009
10,000 - 2008

[the analyst] 09/6/2010 13:26

23) Related party transactions

SMS Media Limited
In 2009 sales to SMS Media Limited amounted to £12,341 (2008: £66,982) and management charges totalled £197,980 (2008: £321,040). At the year end £37,560 (2008: £84,140) was owed to SMS Media Limited, which has common directors and beneficial shareholders in Bertrand Folliet and Andrew Wilson.

Sky Telemedia (UK) Limited
During the year recharges, relating mostly to rent and rates, from Sky Telemedia (UK) Limited amounted to £324,998 (2008: £417,806). At the year end £51,453 (2008: £15,368) was owed to Sky Telemedia (UK) Limited. Sky Telemedia (UK) Limited is a wholly owned subsidiary of SMS Media Limited.

Cellcast Television China Limited
The company transferred £Nil (2008:£18,000) to Cellcast Television China Limited a former trading subsidiary of the group. Cellcast Television China Limited ceased trading during 2008.

Neil Craven
During the year the company paid £12,000 to Neil Craven (2008: £5,000) as a fee to assist with the company's financial public relations, to review investor relations strategy and to promote the company to existing and potential investors."

[the analyst] 09/6/2010 13:26

Forgot to mention, the annual report was published on the Cellcast website earlier in the week



I was interested to check on Directors' pay and the money going to SMS Media and Sky Telemedia - thankfully, they seem to be under control

[the analyst] 09/6/2010 13:00

A couple more examples of Cellcast and cricket:



Whilst searching for those, noticed there are loads of sites like these with Cellcast providing the infrastructure:

[the analyst] 09/6/2010 12:52

Just been checking to see whether Cellcast retained the IPL contract in 2010 and it appears that they did.

As you can see from the link below, Star Connect is the official "chat to the stars" channel for the IPL



If you look at the pdf for the terms and conditions at the bottom of the page, you will see that it is Cellcast providing the services

[the analyst] 08/6/2010 13:07

Hi lyonst,

I have no desire to gain a 'very savvy investor' tag - luckily, I have plenty of inner-confidence and self-belief, so don't require any acclaim from onlookers

For me, investing is more about the personal challenge, rather than being about money or acclaim. Don't get me wrong, the money is still important to live on and a good way to judge my own success (and luck!) - the £60k extra would have been nice, but there are more important things...

[lyonst5] 08/6/2010 12:52

TA, but the other side off the coin is, you could been seen as a very savvy investor and more the richer if you had nabbed a lot more at 1p.
I would find a way to forgo my name on a rns for £60k ;)

[the analyst] 08/6/2010 12:49

Meanwhile, it looks like we are seeing a bit of sneaky accumulation going on in the background, 900k shares traded today and a slight rise, so some sells going through, but being taken-up by someone. Also, you can easily get an instant quote to sell 500k shares right now, which means someone out there still wants more. Interesting

I'm hoping to take a look at the CAH figures in a bit more detail later, as I still see CLTVs stake to be worth between 10p and 20p per share, depending on whether the company would attract a low or medium PE rating if sold off