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PAA Parallel Media

38.00
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Parallel Media LSE:PAA London Ordinary Share GB00BGSGT481 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 38.00 36.00 40.00 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Parallel Media Share Discussion Threads

Showing 8401 to 8423 of 9825 messages
Chat Pages: Latest  345  344  343  342  341  340  339  338  337  336  335  334  Older
DateSubjectAuthorDiscuss
12/4/2014
18:15
So much potential for more golf tournaments, more Live Nation pop concerts and more Electric Run events - it's time for the company to realise its potential over the next 1-2 years especially since the two equity raisings has given more financial security and should give the company the ability to start to expand gl
knigel
12/4/2014
16:54
Ga123 be a little more patient
orvil
12/4/2014
14:02
anything going on,yes,losing value consistently!
ga123
12/4/2014
13:57
Just looking in here again. Is there anything going on with this company? Does anyone know what the current revenues are?
loverat
12/4/2014
13:20
ok,we know its happening,but nothing more,i thought by orvils statement that something was actually going to happen that resulted in kick starting this bloody share price,stating the tournament is happening wont have any impact whatsoever,could mean anything,could mean a loss,who knows.
ga123
12/4/2014
11:15
We now know that The Championship IS happening and we now know the venue - so this is new information from last week. All we are waiting for now is confirmation on the sponsorship(s) and I agree a further RNS before Easter would ease concerns gla
knigel
12/4/2014
11:04
I can see nothing orvil that would change little madams comment,u made it sound like that by Friday there would be something to make her change her opinion,,,,,,where is it?
ga123
11/4/2014
11:33
a year on, I'd like to see some progess on the following too:

* April 2013 - 50:50 Joint Venture to form Pico TV for it's 'Smart Media' platform with Pico Global Services Ltd (a £250m company) Pico TV will target a number of recurring international events including the Olympic Games, motor racing, motor shows and air shows

they put that nice ad on youtube in December:

mister md
11/4/2014
10:36
Only a year to agree a deal with Blackstone and the event gets moved 3 weeks before tee off. You couldn't make it up. I wonder what happened... I see the tour have offered to refund player's flight costs to Korea.

The bull case remains that a last minute sponsor is found the bear case is that the tour sends a lot of big bills to PAA!

britishb
11/4/2014
10:27
ga123 it will be in the hands of the sponsor to sanction an announcement, delays seem to be the norm at the moment. Next week Rodney!
orvil
11/4/2014
10:24
but theres still no mention of sponsor?
ga123
11/4/2014
10:01
Ga123 it would appear that getting a major sponsor was not the issue

The Championship was scheduled to be staged at Blackstone Golf Club in Icheon from May 1-4, but "staging issues" mean the £900,000 event has been switched to Laguna National Golf and Country Club in Singapore.

Keith Waters, chief operating officer and director of international policy for the European Tour, said: "We are delighted to announce that The Championship will be played at the Laguna National Golf and Country Club in Singapore, a venue we have enjoyed a wonderful relationship with in the past and one that I know our members will enjoy returning to next month.

"It shows the strength of our relationship with Laguna National that they have been able to help us out at relatively short notice and we would therefore like to put on record our thanks to owner Peter Kwee and all his staff for their assistance."

Laguna National hosted the Singapore Masters between 2002 and 2007 and the Singapore Open from 2009 to 2012.

When asked for details on the problems, Waters told Press Association Sport: "The promoter, PMG (Parallel Media Group), could not reach agreement with a suitable venue."

Players who have already paid for flights have been asked to claim on their travel insurance if they incur costs when making changes. If that is not possible, the European Tour will refund additional costs.

orvil
11/4/2014
09:33
so the switch from korea to Singapore is because "pmg could not reach agreement for a suitable venue"
ga123
10/4/2014
17:31
Buywell2'the deal has been sanctioned by the European and Asian golf tours, so they must be happy that the prize money is raised, it is the major sponsor not the promoter that puts up the prize money either that or co-joint sponsors, we will have to await the anouncement due shortly.
orvil
10/4/2014
17:05
Has PAA the funds to put up prize money to attract a sponsor ?

ie to cut a deal so to speak

buywell2
10/4/2014
11:41
knigel,i would confidently bet that any news over the next few days will have zero effect on the share price,which is the one thing we all need to rise and keep rising.
ga123
10/4/2014
11:37
No volume. Everyone holding off until the next update?
knigel
10/4/2014
11:07
indeed, securing sponsorship for the event has been the biggest risk identified by Sanlams report. Whilst there are no sponsors named as yet I believe we can infer that this will follow in due course.

Perhaps sponsorship will be multi-year and the sponsoring party is controlling how and when this is done. The RNS title was 'update', so to me a precursor purely to allay some concerns.

dusseldorf
10/4/2014
10:52
No just the first step you are the only one expounding it as fantastic news.
orvil
10/4/2014
10:31
so orvil.....is this the news that's supposed to change little madams views and all is fantastic,i don't see it somehow.
ga123
10/4/2014
10:27
the usual crowd posting as if something fantastic has happened,.....am I missing something.
ga123
10/4/2014
10:15
I'd say the announcement means very little from an investors viewpoint. Neither the bull nor bear case enhanced.

Are Laguna paying for the privilege of hosting the event? No news of any meaningful sponsorship (tho still a little time for something to come along). Who is paying the prize money?

etc etc

Very very exciting indeed!

britishb
10/4/2014
09:53
The Championship is now being played on the same course as the Causeway Trophy in June as announced only a few days ago.


Causeway Trophy 2014.

'Further to the success of the 2013 Causeway Trophy, the Company is delighted to announce that Prudential Assurance Company Singapore Pte. Ltd ("Prudential") will be title sponsor to the Causeway Trophy 2014 in Singapore.



The Causeway Trophy is the Company's annual golf event played in a Ryder Cup-style between professional golfers from Singapore and Malaysia. Participants will include both established touring professionals, as well as some up-and-coming stars, with each team of 12 represented by a team captain.



The tournament, which is due to take place at the prestigious Laguna National Golf and Country Club in Singapore from 6 to 8 June 2014, is co-sanctioned by the Singapore Professional Golfers' Association (Singapore PGA) and the Professional Golf Association of Malaysia (PGA Malaysia).



The title sponsorship agreement with Prudential covers the 2014 Causeway Trophy and has the option to continue for a further year, at Prudential's request, within a set period of time from the final day of the Prudential Causeway Trophy in 2014.'

cottoner
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