Paragon Entertainment Share Discussion Threads

[pj 1] 13/7/2018 08:49

Marked up again on no volume, wild guess there is a limit order and MM's trying to put any buyers off to fill.


As an aside this whole trading system with Market Makers needs revamping, L2 is a total waste of money as it rarely displays the ''real'' information or correct bid/ offer spread in most AIM stocks.

[cockerhoop] 11/7/2018 10:41

Clearly the Kidzania project was part of the record orderbook announced with the finals. Their staff were being trained at Kidzania Mexico in March.

[phowdo] 11/7/2018 10:04

This wont move until they tell the market numerically how bad H1 was.

Looks like there were 2 buys on the back of yesterdays RNS. 50k and 281k.
Someone sold that 281k back to the MMs this morning for a loss.

[fft] 11/7/2018 09:52

What is annoying is the lack of guidance with the rns. Completion time ? Value ? Etc etc.

[pj 1] 11/7/2018 09:50

I cant help wondering at this stage what other plans Emmar have, and if the current relationship with PEL will be developed more. Especially if my understanding is correct that projects like Dig It and Kidzania are ''repeat'' projects with better margins where much of the development work has been done.

[dirtyn] 11/7/2018 09:32

hxxp://digitdubai.com

[dirtyn] 11/7/2018 09:30

Not correct. RNS Reach can be considered financially material but is non-regulatory.
PEL have always issued contract orders via RNS Reach. If this is similar to their London Project it will be a £4-£8m contract.

[cockerhoop] 11/7/2018 09:14

It was issued as a NonRNS so not considered financially material.

[fft] 11/7/2018 08:34

I missed the RNS at 10am yesterday saying they were working on a new kidzania in Abu Dhabi.Why issue at 10am and not 7am like most others ?

[pj 1] 04/7/2018 11:05

Unsure if this is an Omen or not but Damien Latham the CEO of Emmar Entertainment is ex MAF, who PEL have had a long term relationship and Framework agreement with from June 2015, so the relationship developing. I'd note the ''He is responsible for driving the growth of the business entity with a focus on expanding its leisure assets and enhancing their operational efficiency and productivity''

Mr. Damien Latham
Chief Executive Officer, Emaar Entertainment

With over 25 years of experience in the strategic management of leading leisure and retail attractions in the Middle East and the UK, Damien Latham joined Emaar Entertainment as Chief Executive Officer in January 2018. He is responsible for driving the growth of the business entity with a focus on expanding its leisure assets and enhancing their operational efficiency and productivity.
Previously, he was Chief Executive Officer at Majid Al Futtaim (MAF), overseeing three business verticals, covering 53 entities across 10 countries, and managing unique leisure attractions, family entertainment centres and specialty retail introducing both the Lego and American girl franchises to the region. He was responsible for the development of 32 family entertainment centres in four new countries.
At MAF, he has worked in various capacities including as Chief Operating Officer, Director of Operations and General Manager – Leisure & Entertainment.
Damien has also worked as General Manager of Bourne Leisure UK, responsible for running its award-winning resort, and as General Manager of the Wahooo! Waterpark where he led the 65 Million USD project from design to delivery. In related roles in the Leisure & Entertainment industry, Damien has worked as Leisure Manager across 9 businesses, and Waterpark Manager both at Centre Parcs Resort UK.
He is the Vice Chairman of the World Waterpark Association and one of the Founding Members of the Middle East and North Africa Leisure Attractions Council.
Damien has a BTEC Diploma in Leisure Management.

[pj 1] 03/7/2018 16:22

''The hospitality & leisure, commercial leasing and entertainment business of Emaar recorded revenues of AED 2.749 billion (US$ 748 million) in 2016. Average occupancy of hotels under Emaar Hospitality Group in Dubai was 85 per cent, higher than the industry average and 5 per cent higher than last year.''

[pj 1] 03/7/2018 16:20

They seem to be a circa £21 Billion Market Cap Company IN 2016, although only a small part of that will be ''Entertainment''. They also seem to target affluent clients and customers

(that counts me out then lol)

[pj 1] 03/7/2018 16:13

I suspect there is a lot more potential in this Emaar project than meets the eye, maybe not just with Dig It? They also (operate/franchise?)Kidzania and clearly state expansion plans on the Internet ''Committed to developing unparalleled leisure and entertainment choices, Emaar Entertainment will continue to expand its incredible portfolio of world-class leisure and entertainment attractions through new experiences, both in Dubai and around the world.''

''Emaar Entertainment is a leading operator of exceptional and unique experiences.

A subsidiary of Emaar Properties, the entity is dedicated to delivering top quality entertainment, led by un-matched industry expertise.

Emaar Entertainment has a unique portfolio of attractions that are truly innovative and transcend just entertainment or leisure. Its assets include some of the city’s most unique entertainment venues across The Dubai Mall and Dubai Marina Mall including Dubai Aquarium & Underwater Zoo, Dubai Ice Rink, KidZania® and the recently launched attraction – VR Park. Highlighted by its philosophy to ‘inspire joy’, each attraction opens a door to an exceptional world of excitement for visitors.
Dubai Aquarium & Underwater Zoo is one of the largest indoor aquariums, featuring thousands of aquatic animals and a 270-degree walk-through tunnel; while KidZania®, is an innovative children’s ‘edutainment’ concept, provides a safe and realistic educational environment for children; while the Olympic-sized Dubai Ice Rink offers year-round entertainment and VR Park is a first-of-its-kind attraction for the Middle East designed to ‘Challenge Reality’, blurring the lines between perception and reality through unforgettable and mind-blowing experiences, spanning wholly immersive rides, interactive games and educational journeys.
Emaar Entertainment also operates the Reel Cinemas at The Dubai Mall, Dubai Marina Mall, and Jebel Ali Recreation Club. Reel Cinemas has set a new standard for cinemas in the region, pioneering the concept of up-market movie-going experiences and is today the go-to destination for movie-lovers.
Committed to developing unparalleled leisure and entertainment choices, Emaar Entertainment will continue to expand its incredible portfolio of world-class leisure and entertainment attractions through new experiences, both in Dubai and around the world.''

[1savvyinvestor] 03/7/2018 10:16

Finally a positive rns!

[pj 1] 03/7/2018 09:24

Talkng about Products...… looks very promising

Announcing the opening of Dig It! In Dubai and our first Product attraction.
Paragon Entertainment Limited (AIM: PEL), the attractions design, production and fit-out business, announces that its first bespoke designed and developed in-house Product has opened.
We are delighted to announce that on the 2(nd) July Dig It! Dubai Springs opened its doors to the public. Developed for Emaar Entertainments, we have been working to deliver this unique project over the past 4 months.
The significance to Paragon is substantial due to the fact that we own the IP meaning we are not competing in a tender environment. There is real potential for multiple locations allowing for economies of scale in build. We are selling from a standardised product catalogue where developers can choose their own elements, which make their experience truly bespoke, and at the same time deliver to retail turn around times. Paragon maximizes its operational efficiency by building elements to stock and outsourcing some elements if needed.
For Mall operators Dig It! is an immersive and interactive play experience plus an integrated café and retail offer for families with children aged 2 to 10 to meet the growing need for experience rather than goods and to draw the right audience.
For operators Dig it! is a repeatable, popular fun learning experience, safe, cost effective and easy to operate facility which can be upgraded and changed over time by Paragons development teams.
At 7000 sqft Dig It! Dubai Springs features all our unique designs, experiences and programming including our interactive play digger, building site with hoists, pulleys and conveyors, bespoke RC dumper trucks, projection building site and makers area whch features many STEM learning activities for programmed interactive sessions.
Paragon own the Dig it! IP and we have granted exclusivity to Emaar across the MENA region and we hope to be working with them over the coming months to understand, refine and better the model as it develops.
Commenting on the announcement, Mark Pyrah, Development Director and Founder of Paragon Entertainment said:
"This is an exciting time for Paragon as our first Product hits the leisure/retail market. We have invested significantly in this area of the business over the past 2 years, and it's testement that a company of Emaars stature have backed our first Dig It! project. This is our first branded product which has proved our ability to fast track pre-developed projects to developers and operators in record time. Dig it! Dubai has been developed, built, shipped and installed in under 4 months.
The year ahead is positive for Dig it! as it forms an exciting part of our strategy for Products across the retail and leisure world. We are seeing strong demand for experiential attractions to increase dwell time and spend per head and our strategic goal is to create products that can answer this need. Other Dig it! locations are in progress and manufacture which we look forward to announcing in due course."

[positivep] 02/7/2018 15:47

Why so negative.
Yes a few tight months, but things will pick up and reading between the lines are doing. so if you cant stand the heat, get out of the fire. I'm in to stay and ride this blip out.

[dave4545] 02/7/2018 15:32

You will not make a fast buck in this one easily. So thin the mm's are the only winners

[tomboyb] 02/7/2018 15:21

Dave -

Peeps going to where the volume is -

Overall the market looks a bit thin -

[fft] 02/7/2018 15:14

Bit of a false market by the looks of it. Best price to sell 50k is 1.01p.

[dave4545] 02/7/2018 15:14

MRS worth 6 times the amount of PEL, ebitda 21 times more than Pel, profits to be around 30 times that of Pel, shares friendless and dropping.

[my retirement fund] 02/7/2018 15:12

It was priced for bankruptcy so no surprises a stiff bounce really.

[dave4545] 02/7/2018 14:58

Might be up a good % but I cannot see anybody getting a quote to sell atm.

Last 151k bought 1.25p and sold 15 mins later for just 1.1p bid when 1.2p bid.

Surprising interest. I thought the results were pretty poor

[pj 1] 02/7/2018 14:29

Didn't realise it was 35% though!!

[pj 1] 02/7/2018 14:28

Someone posted previously that although the share price has been battered, that it was on generally low volume, which is probably an indication that current holding Private Investors either cannot sell or won't sell. So each buy takes the price up as the MM's search for Sellers.

Unaware of any Broker note