Independent Media Distribution Share Discussion Threads

[robinbell] 03/6/2003 14:04

And now we have an institution taking their holding above 3%

[robinbell] 03/6/2003 13:07

RNS Number:8557L
Independent Media Distribution PLC
03 June 2003


Independent Media Distribution plc: Holding in Company


Independent Media Distribution plc (the "Company") received notification on 2
June 2003 that Intrinsic Value plc hold an interest in the ordinary 10p shares
of the Company of 1,375,000 shares, being 4.10% of the issued share capital of
33,521,885 ordinary shares.

[larousse] 31/5/2003 00:55

Hi all,

Long time no speak (as they say).

Well, I've been hanging on to my little pile & have been happy with the general progress & announcments yesterday.

Today I decided that I'd use my dividend return (and some extra cash) to add a few more to my holding.

Price quoted for IMD is 30 mid (32 / 34).

What I wanted to buy was well within the NMS, yet the best price on offer was 40p. I saw the notice of the director buy today, but I'm not sure that explains the price fluctuation.

[madboy] 31/5/2003 00:13

Nice to see

[robinbell] 30/5/2003 08:26

No. It was the MD buying for one of his associated companies.

[robinbell] 29/5/2003 14:20

I think that the 150k B trade was the same shares as the 150k R trade and the company has bought them for cancellation. The most the company can pay today is 28.875 and tomorrow it will be higher. I think they have to do an RNS each time they cancel some stock so we shall see in the next few days.

I have always had the feeling that some one was trying to sell some shares and maybe thats them all shifted and we can look forward to higher prices.

As ever DYOR.

[hastings] 29/5/2003 13:41

Some solid buys today maybe we could have lift off soon!

[robinbell] 29/5/2003 13:29

So there you have it. Now with 2.5 mill in the bank and sales still ahead 20% and more expansion to be reported on with the half year results.

[robinbell] 29/5/2003 13:28

RNS Number:6645L
Independent Media Distribution PLC
29 May 2003

AGM Statement

29 May 2003

Independent Media Distribution plc ("IMD" or "the Company") announces that all
of the resolutions put to its AGM on 28 May 2003 were duly passed.

David Haynes, Executive Chairman, made the following statement:

"Sales in 2003 to date are up overall by 20%. Core revenue from radio
advertising and programming maintains its growth reflecting the continuing
launch of new radio stations and the competitive position of the industry in
attracting advertising. A very important contributor to the total sales growth
has been the music videos for the TV industry. This new revenue source has
proved most popular with the music industry and TV stations and is already the
major method of servicing the TV industry.

"Profit margins continue to improve reflecting the benefits the Company is
achieving from its ongoing technical development strategy and the cash position
has increased to #2.5 million from #2.0 million at the beginning of the year.
Further plans for the expansion of TV services will be reported on in the
half-year report"

David Haynes, Executive Chairman

[robinbell] 10/4/2003 14:52

Taken from the notice of AGM to take place on 28th May 2003

Special Business

8. To authorise the company to purchase its own shares (up to 1,676,094 shares)

and since the company has £2mill in the bank (and going up all the time) they might well use some of it.

[robinbell] 07/3/2003 13:55

Fundamentals section now updated.

[madboy] 28/2/2003 15:55

Not bad for a small one, but market not bothered.

Regards

[robinbell] 27/2/2003 11:38

headlines from todays results

PERFORMANCE AHEAD OF TARGETS

STRONG CURRENT TRADING

Robust profit performance for 12 Months ended 31 December 2002

* Sales increase to #2.71m, up 5%
* Headline pre-tax profit #940,000, up 12.8% with improved margins
* Headline profit after tax #681,000 (2001: #603,000)
* Increase in net cash to #2.01m (#1.35m at time of listing in February 2002)

Increasing Rate of Growth

* Six months' sales to 31 December 2002 up 12% (First half down 1%)
* Six months' pre-tax profit to 31 December 2002 up 25% (First half up 1%)
* Successful launch of music video service in first move into television
* Strong response to new services in core radio business

New Year Ahead of Budget
* First eight weeks' sales increase over 20%
* Gross margins maintained

New Developments
* Progress continues for additional television industry involvement including distribution of programming and advertising plus extensions to music services

[robinbell] 14/2/2003 13:12

Two large trades (buys) at 31 and results due before the end of the month.

[energyi] 24/1/2003 14:48

Thanks for starting the other threads, Hastings.
But I need to see a chart in the Header, so here it is:

[robinbell] 22/11/2002 13:13

positive wording to the director buying in IC p42

[robinbell] 19/11/2002 09:20

It looks like we have lost a MM. The two remaining are at 27-32. The one we lost had been 28-33 hence the 0.5p markdown.

Robin

[madboy] 18/11/2002 18:49

Some funny business today two buys and marked down 0.5

Regards

[madboy] 17/11/2002 13:10

Music video business going very well and about to take off I feel, and deals I am sure will be signed, if not already done so. A good buy at a bargain price, I have faith in this company, C D has not come back on board for no rewards. Any comments!

Regards

[larousse] 13/11/2002 13:06

I agree.

But it's safe hands to safe hands - i.e. Elstan shares pass to Mr Dunstone, so the amount churning in the open market remains the same (as does the price).

Mine remain tucked away...

[robinbell] 27/9/2002 17:44

And some director buying as well. Three directors have bought 52444 shares between them.

[robinbell] 27/9/2002 00:19

This trading statement from Capital radio suggests that recent radio advertising activity is doing OK (6 months to sept up 2% on same period last year). This suggests that that revenue stream is stable.

With the music video distribution now on line I can only see positives. This is a profitable company with excellent growth prospects.

DYOR


RNS Number:6662B
Capital Radio PLC
26 September 2002


26th September 2002


Capital Radio plc
Pre-Close Full Year Trading Statement


Capital Radio plc, the UK's leading commercial radio group, today announces a
trading update for the twelve months ending 30th September 2002, ahead of the
full year results due to be released on 14th November 2002.

In line with our expectations, we anticipate that our like for like radio
revenues for the six months ending 30 September 2002 will increase by 2% against
the same period in the prior year. As previously disclosed like for like radio
revenues were down 7% in the six months ended 31st March. Accordingly, we
anticipate that our like for like radio revenues will be down 2% for the year
ending 30th September 2002.

We continue to be cautious regarding the prospects for advertising in the UK for
the remainder of 2002.


Enquiries:

Capital Radio plc
David Mansfield, Chief Executive 020-7766-6288
Peter Harris, Finance Director 020-7766-6119

Finsbury Group
Rupert Younger 020-7251-3801
James Leviton


This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTILFFTAFIEFIF

[hastings] 02/9/2002 16:37

Some really good points raised larousse. For what it is worth i will give my opinions which may, or may not be near the mark. Having spoken to the Chairman shortly after the reverse takeover it became apparent that IMD is a long term story in as much that the Directors have every intention of (at some point in time) going for a substantial fund raising. This would be for Global roll out and would likely to be in the form of a substantial discounted placing as opposed to a rights issue. In order to attract Istitutions Companies need a decent mkt cap along with a proven model, while IMD curretnly fall short on the first criteria the fact that they are profitable with a firm foothold in what is currently a niche should ensure long term visibilty and lead to a sustained rise in the share price. Of course as you say somebody could well make an attractive offer, but with the shares tightly held it would have to be at a significant premium to the current price.

[larousse] 02/9/2002 13:05

I hope so too.

But don't the institutions / pension funds (whatever) have rules on the minimum size of companies in which they can invest ?

Will IMD ever get that big ?

Will a great company, in a small niche market, not just remain as that ?

My thought is that, long before the institutions get interested, (and should IMD turn out to be a real winner), then someone actually in the Music / Video industry - EMI, Sony, Whoever - would see the potential & just buy them out ?