Parallel Media Share Discussion Threads

[knigel] 15/4/2014 11:59

Doubt figures can be confirmed yet as sponsorship tie ups are sealed. I am not sure what ga123 actually needs to turn positive? Perhaps the results due soon might help as investors usually but in companies they feel have upside or move on.

[orvil] 15/4/2014 11:53

ga123 looking forward the significance of this announcement is that Live Nation has backed PMG in this venture and it must be a pre-cursor to the Parallel Contemporary Music joint venture, with the largest music promoter in the world. Much more to come from this I am sure.

[ga123] 15/4/2014 11:41

knigel......join the rest of the dreamers

[knigel] 15/4/2014 11:34

It's been the same from you over the last year too. Three RNSs this month already so think positively for a change

[ga123] 15/4/2014 11:31

no,nothing wrong with a bit of dreaming,we can all dream of a lottery win,but know its probably never gonna happen. if and when profits are mentioned or actually happen,then that's fine,but thread after thread,over last year its the same,into raptures,and..........nothing. I would guess theres a few who would need a 200% to break even.and remember,there are plenty on here who kept saying the price at a 200% increase was a "silly" price.

[littlemadam] 15/4/2014 11:28

ga123, just trying to find some merriment here. Not been a lot of it lately.

[daytraders] 15/4/2014 11:24

up another 200% and im at b/e

[orvil] 15/4/2014 11:24

Mister MD i am sure you are right and the significance of this major announcememt seems to have been missed by the market at the moment.

[mister md] 15/4/2014 11:16

g123 nothing wrong with a bit of dreaming... Why not sell your shares now and stick the proceeds in something safe like ULVR or TSCO ? Be hearing from you when you return 'in 3 months or so'

[mister md] 15/4/2014 10:59

the first line of the RNS '..throughout Asia' seems to indicate there may be more festivals to follow, not just Korea ?

[ga123] 15/4/2014 10:59

this is why I hate looking on this thread,every time its the same a bit of "news" and u all go into raptures,even though no idea whatsoever about profit from event,still no sponsors mentioned for upcoming golf and price goes up a massive 3p. on previous form,that 3p will be wiped out within a few days. I will return in 3 months or so,sorry if I offends,but I the thread should change its name to the "dreamers" thread. I am still out if the price drops to £1.

[knigel] 15/4/2014 10:40

Finally some movement!

[dusseldorf] 15/4/2014 10:11

KNIGEL - give it time, it's so illiquid that if 4 people put £20k in it would go up 50%, but that sort of action on PAA is rare these days. though who knows, surely it can't just be the few of us long-termers who see increasing value here... perhaps Oryx will poke their head up to buy in market - though no insti in PAA has ever done that

[knigel] 15/4/2014 10:08

More buying today but the share price just will not move..

[dusseldorf] 15/4/2014 08:01

The Jamsil Sports stadium referred to in the RNS (I believe)

[orvil] 15/4/2014 07:58

hxxp://bigbangupdates.com/2014/04/big-bang-yg-family-and-lady-gaga-to-perform-at-now-festival-2014.html

[dusseldorf] 15/4/2014 07:54

Lady Gaga and others (big in Asia), sounds good to me. We can't underestimate the size of a 2 day festival vs. a 2hrs pop concert.

The planning, co-ordination, scale (funding sourcing) and therefore money involved in the event should be far higher than the previous kpops combined (IMO).

Obviously as this is uncharted territory for the company in terms of scale it makes it difficult to assess the financial impact. but really good to see the tie up with Live Nation already being used (to get e.g. Gaga)

[orvil] 15/4/2014 07:31

This appears to be the start of our involvement with the joint venture project with Live Nation , the start of an exciting revenue stream. A start that appears to be the Asian version of Glastonbury.

[knigel] 15/4/2014 07:11

Excellent news - it's about time the share price started to reflect the decent news flow now coming from the company so the shareholders can remove ... their POKER FACES (re Lady Gaga)

[knigel] 14/4/2014 18:50

buywell2, I take your point but do you actually expect a loss for 2013? The company made £600k profit in the six months and although a loss is a virtual cert for the second half - a profit for the whole year is still very likely. (due to 1-2 events being moved into 2014 in hindsight I acknowledge my earlier forecast was OTT although there was the Justin B concert. I still expect a full year profit but will now not make a new prediction).
As for 2014 - it depends on the sponsorship for The Championship. No material sponsorship then a loss is likely - similar sponsorship to 2013 then a decent profit is likely for the year especially with new events like Electric Run to factor in.
Let's wait until the results and any comment on the outlook then matters should become clearer for this year. gla

[buywell2] 14/4/2014 17:00

Duss

That's fine but I think your table should just say 0

And not , Loss or 0 , .... as Loss could be any amount and is ambiguous/meaningless where the +ve numbers in the table are quite clear

Perhaps something similar in a -ve sense might be better I would suggest ie

- 200k
- 400k
- 600k
- 800k
- 1m
- 2m

[knigel] 14/4/2014 10:32

Cheers. At least both the thread and volume has been more active recently.

[dusseldorf] 14/4/2014 08:53

I've revisited a few items in the header. My price target table I've simply multiplied x24 to get the numbers in line with consolidation and updated no. shares in issue.

The company is slowly chipping away at the uncertainty by delivering news when it can, perhaps soon the market will catch up(!)