Paragon Entertainment Share Discussion Threads

[1savvyinvestor] 02/1/2019 08:18

I'm perfectly happy with a new thread. People can still look at the old one if they want to!! We all know there is plenty of negative history but unlike some on AIM there is a real business here. They just have to become truly profitable and I think that they can do it. Strong buy imho with at least a 2p target within 6 months.

[dontsweatit] 01/1/2019 21:15

and this one

phowdo
29 Jun '18 - 12:09 - 2363 of 2473
0 0 0
"Sales and margin weakness in H2 2017 continued into 2018, and Paragon's first half of 2018 is forecast to end in a significant loss with a substantial recovery in the second half due to a notable acceleration in contracted work."

So flat at best for 2018?
I would suggest things may not be as rosy in the 2nd half as they paint them. And if things go pear-shaped again, shareholders will be last to find out. Again.

[dontsweatit] 01/1/2019 20:55

Im not sure this new thread is such a good idea as apt, pertinent and very accurate posts can be forgotten, just like this one below from June


hallowed be thy name
26 Jun '18 - 07:40 - 2325 of 2473
0 1 0
After speaking with other investors recently it seems blatantly obvious to me that this Co is actually insolvent and at the mercy of its Bank (HSBC?). If they were to issue Accounts now then that would instantly tell their existing and potential clients of the material risk that any contracts or work in progress cannot be completed, these clients would then mitigate their own risk and place work elsewhere, and the vicous circle continues. By failing to meet the date for Results with no further communications to the Market highlights to me the disregard the Co has for it's investors.
Uninvestable.

[pj 1] 01/1/2019 16:32

OK, new thread

[pj 1] 01/1/2019 16:31

A new year, a new thread, Mark Pyrah reappointed as CEO and hopefully a turnaround for Paragon following a disasterous 2018 with the share price now near all time lows at 0.975p

[pj 1] 01/1/2019 16:25

20/6/2019. Administrators to be appointed as soon as possible.

Apologies for highlighting this Company. It is by far my biggest ever loss, any possible return to shareholders will be absorbed by extortionate Administration fees, as always.

[1savvyinvestor] 01/1/2019 09:29

Why not PJ? No point in the old thread if can't add to heading. It's been an absolute car crash of a year for PEL but things could very well improve in 2019. From 1p with the right news this could bag very quickly and I have certainly sensed a bigger understanding of the importance of profitability. Cautiously optimistic

[playful] 31/12/2018 09:09

New Year so a new thread sounds worthwhile.

[pj 1] 30/12/2018 15:09

Is there any mileage in me setting up a new thread? The header here is totally outdated and I'm pretty sure opaldouglas doesn't hold PEL and has not posted himself on any thread since 2017.


Being a current 'blue' user of ADVFN then it also gives more opportunity to ban any 'non-blue' disruptive posters in the future. I note on twitter a few of the moronic traders have been tentatively mentioning PEL again.


Gresham house, it will be interesting to question them on PEL next time they present. Hopefully they will at least be supportive medium/long term or there is going to be one hell of a 'hangover' from xmas 2018!!!!!!

[playful] 30/12/2018 12:29

The holding is a legacy from the original Marwyn Capital days.

What is worth remembering is the Gresham House MD, Graham Bird is a regular on the sharesoc circuit, so perhaps we can lobby him to take a more proactive stance on PEL.

[playful] 21/12/2018 17:05

Updated today:



They still need to change the named holding against Livingbridge > Gresham House.

[pj 1] 18/12/2018 21:16

csmwssk12hu
18 Dec '18 - 20:55 - 2465 of 2465
0 0 0

You were not slated if I recall correctly. More that you kept claiming PEL would hit 10p and never once, despite repeated requests, gave any financial or charting justification for your then target.

Regular posters on this BB then concluded you were just a pump and dump ''trader''.

[csmwssk12hu] 18/12/2018 20:55

I read the above and think your missing something here, market cap 2.5m, for what it’s doing is too cheap, so from reading into it the worst news should now be behind it, one sale of £750 made this drop 10% today, I think this could move the other way quite quickly, if this turns round and makes £1m a year it could easily quadruple, that’s a good enough reason for me to look at this tomorrow, btw last time I was slated by PJ and co on here the price rose from under 2p to nearer 6p, this time its starting from a lower base, the type of business it’s in is cyclical, you just have to be ahead of the curve all imho dyor gla!

[playful] 18/12/2018 18:17

Another PEL intraday announcement which interrupted my Christmas shopping!

I really do think MP needs to sit down and decide if this can continue in its current form.

It looks to me like the decision to get rid of JD and the payment involved has pushed them to the edge.

PEL don’t have much money, so it might have been a thought, and something suggested at their AGM earlier this year that both JD & MP agree a 50% pay reduction and that way both being major shareholders could help the company through this difficult period together and avoid such distress.

Paragon Entertainment Limited (AIM: PEL), the attractions design, production and fit-out business, today provides a trading update”. Not ‘is pleased to provide’ and intra-day (2:15pm) – Uh oh…

[pj 1] 18/12/2018 16:23

As often happens the RNS raises more questions than it answers.

[pj 1] 18/12/2018 16:22

In August HY they reference their ''record order book'' which produced a statement ''despite our poor first half performance and we aim to reduce these losses in the second half of 2018. Products is back on target to deliver a strong performance and recent project wins have meant we are expected to be at full capacity until Q2 2019.''

So, full capacity from a record order book results in an estimated h2 2018 of £5.8m and H1 2019 of £6.5m max.£12.3m in the 12 month period


How does a record order book, bearing in mind they did £14.8m in 2017 and at full capacity = £12.3m?


What are current overheads?


What security and visibility does a contracted order book bring? It appears not much.


It appears large projects still have cost overruns i.e. not costed correctly so what's the point of doing them, despite being assured at the AGM twice now that internal systems had been improved and modernised (at some cost)

[fft] 18/12/2018 15:22

Another set of excuses It isnt a billion dollar company with offices all over the place. It is a small company where it appears MGMT could not be bothered to walk down the corridor to talk to people to find out what was going on. What were mgmt actually doing ? Playing solitaire on their computers ?This has to be the last such set of exceptionally.

[playful] 07/12/2018 14:09

ahhh makes sense.

[redmug] 07/12/2018 14:03

No. Livingbridge have sold their VCT fund business. LB staff have moved on to Gresham.

[playful] 07/12/2018 13:42

Looks like they have taken out Livingbridge.

[playful] 29/11/2018 22:45

Moving up the charts...

[pj 1] 12/11/2018 08:21

tweet from Friday


Paragon Creative
‏


@ParagonCreative
Nov 9

More
A wonderfully productive week at @ParagonCreative HQ. Great team effort getting all these #projects complete for our fantastic clients. #gotwood

0 replies
0 retweets
7 likes

[playful] 11/11/2018 18:28

12 venues and from what I remember from the AGM it's £250K for each course so if successful lots of further revenue to tap into.