Handmade Share Discussion Threads

[power talker] 15/8/2007 15:55

Thanks for your opinion..lots of food for thought.I think your right that any real progress will be reported next year. In the meantime we will have to see how things pan out.

[tiredoldbroker] 15/8/2007 15:38

I don't have a firm opinion on HMF one way or the other. Not impressed that with a 31 Dec year end they couldn't get their intellectual property rights valued and results published until 2 August. Not happy that they ended the year with £3.4m debt and a £3.35m pre tax loss after "Other administrative expenses" of £2.17m. The IPR valuation of 54p/share seems to jangle uncomfortably against the price at which they actually bought Handmade.

The best news is that their films will be financed on a no-recourse basis and that they have their own sales business (Sequence/HFI). But the problem is, independent film companies with a narrow range of projects simply cannot forecast what their future earnings may be (as they note, "there is a degree
of uncertainty surrounding the timing and amount of such cash inflows") and I note from the figures that "During the year ended 31 December 2006, the Group recorded a loss after tax of £3,254,000 and has made a loss in the period since the year end." The last bit isn't good news. As you might expect, there are no tangible assets whatsoever to back things up and "As at the balance sheet date the Group had no undrawn committed bank borrowing facilities".

If they get everything right, it could be interesting but the real problem is, they may not be able to show this until, as they say, they report for 2008 and 2009 - which may mean you're waiting until late 2008 for the first bits of tangible good news.

[fraqwer43] 15/8/2007 14:12

Net cash of just 30k.

I'm not surprised you have not cut and pasted that Power Talker.

[power talker] 15/8/2007 14:09

Not intentional the press cutting without the date...the repetitive postings are small chunks of the latest RNs...

some investors might prefer to read in portions..and correct it keeps the thread active...i am out for a few hours so will leave it to you tiredoldbroker to give your considered opinion of HMf..

it would be appreciated as i realise you are a knowledgeable guy..(absolutely no sarcasm there, i genuinely know that)

In your opinion what do you make of HMF?

[tiredoldbroker] 15/8/2007 14:02

Power Talker, if you're not just trying to ramp this to the high heavens, how come you've made 30 posts on this thread alone so far today, how come you've presented old press cutting without the date attached so they might look like new info, why do you selectively cut&paste and repeat yourself in an attempt to make it look like there's a lot of activity ?

[power talker] 15/8/2007 14:00

13th on the leader board...

[power talker] 15/8/2007 13:41

Asset valuation

The Group's Intellectual Property Rights ("IP") have recently been independently
valued in excess of $130 million by The Salter Group, the leading Intellectual
Property and film valuation company in the US.

[power talker] 15/8/2007 13:36

Now if you cant see that this is a buy then i give up...try finding another production compant bar MTV with as good prospects...There isnt one..

[power talker] 15/8/2007 13:35

Chairman, Patrick Meehan, said:

"Just a year after joining AIM, HandMade is on fast forward. The twelve films in
development / production include Eloise in Paris and a remake of Long Good
Friday.

"Our Eloise franchise continues to grow and with the feature film Eloise in
Paris going into production in early 2008 we are well positioned to build this
property into a global success on the scale of Thomas the Tank Engine or Bob the
Builder. The coming year could not look more exciting."

[power talker] 15/8/2007 12:58

Not many blue today..HMF have an excellent business model and its now ready to produce for them..Im expecting further announcements shortly...These are not easy to get hold of in any quantity..

[power talker] 15/8/2007 12:34

Vividas signs revenue sharing software licence deals with HandMade Films


LONDON (Thomson Financial) - Vividas Group PLC said it has signed revenue
sharing software licence deals with HandMade Films International Ltd, and cited
good progress with other deals to distribute movies over the Internet.
The video streaming technology company said the licence agreement is for the
distribution of up to 30 movies in the first year via an internet film portal,
costing consumers 3-5 stg per once-only viewing.
The company said it has also won a contract to supply its technology via its
VivStream PPV product for the streaming of the documentary Obsession, purchased
through the film's website.
Guy Collins, chairman of HandMade Films International said: "We believe that
film distribution will increasingly use the Internet as a channel to market
films and generate additional revenue."
Paul Neville, chief executive of Vividas said it has now over 30 other
contracts in the film industry under discussion.

[e-mail]

[power talker] 15/8/2007 12:25

Just ticked over again...Somethings going on here...looks like we have news on the way..

Level 2 is now 1 v 1,,,...Online limits falling..Excellent news..

[power talker] 15/8/2007 12:20

Take a long hard look at HMF...in my opinion these are seriously undervalued...

[power talker] 15/8/2007 12:19

The Cannes Film Festival in May 2007 was a resounding success for the film
division. Over $50 million worth of sales were concluded, which over the next
two years will generate in excess of $7 million of revenue for the group in
commissions and fees. This makes us one of the leading independent players in
the market.

[power talker] 15/8/2007 12:18

All buys so far..The bids ready to tick up again..

[power talker] 15/8/2007 11:58

Level 2 now 3 v 2..buying going on in the background..going to be todays big mover..We havent taken off yet...BUT WE WILL DO.

[power talker] 15/8/2007 11:24

Just ticked over...looking excellent...Must be news in the air..This has been of the map for awhile...

[power talker] 15/8/2007 11:19

Level 2 just moved again now 1 v 1..

[power talker] 15/8/2007 11:04

Level 2 has just moved from 1 v 4 to 1 v 2..next buy and both the bid and offer will tick over..

[power talker] 15/8/2007 10:59

up she goes again...maybe there is news in the air. sentiment has changed again on here..

[power talker] 15/8/2007 10:58

and another buy through..should be ticking up again shortly..