Paragon Entertainment Share Discussion Threads

[tomboyb] 25/2/2019 15:53

Looking to bounce before end of day -

Good luck -

[playful] 25/2/2019 15:29

They will probably place 29.9% with someone against a one million valuation.

I would wait to see what happens before buying.

[dave4545] 25/2/2019 14:41

I'd say if you take my trades out because I'm not selling there looks to be say 3 people left to sell for big losses that bought earlier.

Baffles me why people cannot hold stocks anymore just because they are not flying or up 5 million % in 5 minutes

[pj 1] 25/2/2019 13:46

As fft points out, there are other possible options.

A big increase in volume so far today, the highest for 15 months, I wonder if it has cleared the seller, although the price action suggests not.

[dave4545] 25/2/2019 13:23

Never thought it was that bad for idiots in this market as there is now.

So many people need to quit and perhaps trade on betfair etc etc.

They all pile in and never give stocks a chance to move then when one sell comes in
they all sell out again. You can match almost every buy to a sale.

Except mine. I will hold and add more if drops from here. That was good news today
and the company should crowdfund if they need money because I will chip in £5k to buy more and they will only need 50-100 others to get the funds they might require

[tomboyb] 25/2/2019 12:54

1p will break -

dyor -

[tomboyb] 25/2/2019 12:41

Non reg rns Dave -

Its good for PEL so I've taken a small chunk near all time lows -

[tomboyb] 25/2/2019 12:37

A point to note -

The RNS is non-regulatory -

So underpins financial forecasts -

[dave4545] 25/2/2019 12:36

I wondered why all the buying tomboyb no rns flag here

[tomboyb] 25/2/2019 12:35

Paragon Entertainment Limited Contract win
25/02/2019 12:30pm
RNS Non-Regulatory

TIDMPEL

Paragon Entertainment Limited

25 February 2019

Date: 25 February 2019

On behalf of: Paragon Entertainment Limited ("Paragon", the "Company" or the "Group")

Paragon Entertainment Limited

Contract Win

Paragon Entertainment Limited (AIM: PEL), the attractions design, production and fit-out business, announces that it has entered into contract with Lamda DOMI in Athens to create a new Family Entertainment Centre in their Golden Hall shopping mall in Athens.

The EUR4.2m project commenced this month and will be completed by the end of 2019. This contract underpins the previously announced forecast financial performance of between GBP6.0m and GBP6.5m of revenue for the half year ending 30 June 2019.

Commenting on the announcement, Mark Pyrah, Development Director and Founder of Paragon Entertainment said:

"This is an exciting contract for Paragon. We have been working closely with the Lamda DOMI team for over three years to bring this and other projects in their portfolio to the development and construction phase. It is also great for our team to be working for such an innovative client that is investing in attractions and leisure to enhance their retail assets."

- ENDS -

[tomboyb] 25/2/2019 12:33

Good contract -

RNS out

[1savvyinvestor] 25/2/2019 10:16

Share prophets didn't help but paragon is being anything but a paragon right now

[phowdo] 25/2/2019 10:16

Probably frontrunning a discounted placing.
Hence they dont want to buy shares but have limitless amounts to sell.

[dave4545] 25/2/2019 10:14

So the odd 500k buy now and again around 0.95-0.96p and today somebody sells 200k and gets just 0.86p next to 0.9p bid

The mm's are in vulture mood again

[1savvyinvestor] 24/2/2019 11:02

Really didn't like the phrase sub optimal . I'm irritated that they are not being straight with loyal investors. They need a positive über optimal deal to get investors behind them again . I wonder who is reneging in £168k payment. Not good.

[playful] 23/2/2019 18:32

God knows..

I did ask them what the HSBC loan interest rate was at the AGM but don’t think they told me but said it was standard nothing outrageous.

Now we are told its sub-optimal.

[1savvyinvestor] 23/2/2019 08:48

who though?

[fft] 23/2/2019 06:04

A placing would seem a logical way, but the size of the company is so small I could see a loan from an investor as a possibility. Maybe convertible at a higher price.A takeover would be my preferred solution :-/

[1savvyinvestor] 22/2/2019 18:08

ie a placing?

[pj 1] 22/2/2019 15:30

Does the bad debt figure included VAT? (which can be claimed back at a later date). However, bad debts always hurt, even more so when coupled up with the 2018 Loss.

Possibly HSBC could have been more supportive so I am more interested in the funding position moving forward, ''the Board is of the view that an on-demand overdraft facility is a sub-optimal financing structure for a business like Paragon and are accordingly looking closely at ways of bringing longer term capital into the business''

[dave4545] 22/2/2019 13:49

Downside is I can still buy a minimum of 1,500,000 at 0.956p

Monster overhang in a quiet stock

[dave4545] 22/2/2019 13:48

Pretty good Rns. Shame about the bad debt but apart from that it's a good amount of cash from that disposal to boost balance sheet

[dave4545] 19/2/2019 19:13

This month there has been a 521k buy a 500k buy and another 500k buy today.

Normally that might be enough to shorten the mm's books but one seems to have a lot of stock to offer, might have changed today so will check in the morning.

[1savvyinvestor] 18/2/2019 09:41

When was the last trade for pel?!!

[playful] 13/2/2019 20:48

You never know!