Parallel Media Share Discussion Threads

[littlemadam] 06/6/2014 18:29

Duss what planet are Sanlam on? Is DCs son/wife working for them?

We now have to admit that this is now a disaster zone!

It will take years for the share price to recover. I feel more than a little sick.

[ga123] 06/6/2014 17:14

im sure if anyone wants to invest, the messiah DC will turn every £25 they invest into half that before long,he is indeed a magician.so glad I got out at just under £1,who knows where itll drop to if results and forecasts aren't good,my guess is itll be round the 50p mark within a month.and before any idiots on the other thread accuse me of gloating,im not,i didn't like losing,but this share is a disaster.

[buywell2] 06/6/2014 16:30

you are changing your tune ratticus

have you been given a reality pill

[mister md] 06/6/2014 16:29

shareprice very poor and a 'distressed' sell today, but the past couple of RNS statements imho hold the key for the future-
IMHO this (small) company should focus on these (2 big golf tournaments and the big music festivals) and NOTHING else !!

"potentially positive implications for the company in the future, with PMG able to continue its existing title sponsor discussions for the Championship to return to Korea from 2015 onwards, and for a new European Tour and Asian Tour co-sanctioned event in Singapore now targeted for 2015 as well."

re: "AIA Real Life: NOW Festival 2014"
" The 2014 festival is scheduled to be held on 15 and 16 August 2014, at the Jamsil Sports Complex Main Stadium, Seoul, and will be the largest music event undertaken by the Company since the inception of its music division.

[britishb] 06/6/2014 16:28

Bozzy. £1000 invested when PAA was first listed in its current form (around turn of millennium) is now worth about £25. No dividends paid in all that time. Everyone who ever put a penny in here has been given a right shafting IMO. I don't expect that to change but there are still some bulls - its totally beyond me why....

[loverat] 06/6/2014 16:14

Dreadful share price performance here. This looks like it could go down alot more.

[bozzy_s] 06/6/2014 14:49

Good summary 6677. It pays to remember this isn't a start-up company, a newcomer to the high-tech market. It's an established poorly-performing under-achieving plc.

I'm trying to work out how much £1000 invested at start-up is worth now. Difficult with various stock splits/consolidations.

Should be easier to get a figure of funds raised from shareholders (placings etc) vs funds returned to shareholders (dividends, tender offers, buy-backs etc). Will report shortly.....

[dusseldorf] 04/6/2014 13:00

Sanlam 'finally' re-itterated their buy recommendation on PAA on 27th May 2014:





It's feeding through to analysts sites:

Not sure what it means, but if they have been involved in any fundraising measures, one would assume it was complete prior to them re-itterating buy?

[dusseldorf] 03/6/2014 10:41

KNIGEL - Y/E 2013 should actually be ok in terms of balance sheet repair - YE2013, should still meet Sanlams projected estimates as per RNS a while back. The trading update was for 2014 and there is still some way to go in 2014 to bring the ship back on course.

However, the trading update brings into play the fundraise specter yet again. If one took place I suspect a closed shop to instis and DC.

[knigel] 02/6/2014 22:10

Well the results are due this month - perhaps the crumbs MIGHT be in the outlook statement gla

[littlemadam] 02/6/2014 21:16

Big sellers today!

orvil, you have a big holding here and some contact with the Company. Any crumbs of hope?

[dusseldorf] 28/5/2014 09:27

KNIGEL - I think anyone thinking of investing here should wait for the Sept interims and a reversal of the price trend. Last thing we need at this stage is more forced sellers who get bored or need to withdraw money.

[knigel] 28/5/2014 08:39

buywell2, thinking of investing here now ahead of results??

[buywell2] 28/5/2014 08:35

Yes I agree orvil can't do charts

Buying going against them however is not thought to be wise

ie you go V the market

Moving averages here not good are they and since march they have worsened ie angled down even more

It's going to take a paradigm shift to change this methinks

Hence my suggestion of change to a music based operation with a view to signing up 2 or 3 young unknowns in Korea and hoping 1 breaks into the big time

[dusseldorf] 27/5/2014 09:15

buywell2- I think orvils comment was perhaps tongue in cheek following your fairly vigorous promotion of CRX prior to it's short term price collapse i.e. an unusual chart pattern (spike). I don't recall orvil ever saying he was a chartist /claiming to be good at reading them.

Whilst I am no chartist either, I will say this, that if PAA price trends up and through the 200day SMA, the bulls may once more have their day... though I suspect it will be sometime in August/Sept to co-inside with results

[buywell2] 27/5/2014 07:14

orvil was blue was he not ?

well he is not any more , fallen on hard times maybe

anyway he has surprised me with this post from the Cyprotex thread as I thought he knew a bit about charts


orvil
26 May'14 - 20:20 - 2419 of 2420 0 0


Buywell2 As you are so prevalent on other threads spouting your expertise on charts, I would be interested to hear your expert take on the CRX chart.

[knigel] 25/5/2014 12:42

BB - don't take it from me - take it from the 30/9 RNS were the company state the due to cost reductions the company expects profits for the year ending 31st December 2013 to be in line with market expectations. I presume these cost savings will c/f into 2014 including the £50k that is no longer payable to one director due to the recent placing.
You did not answer my question - with over £ 2 million raised in cash and/or repayment of debt via share issues - the balance sheet is far stronger than a year ago - so if it is still "very weak" now - what was the balance sheet like a year ago? More events have been added since last year and there are new events in the second half of this year - with the company negotiating new contracts at the moment. So I still expect a small profit for this year BUT it is unclear the impact of the delays in other events so we really are in the dark. Saying there will be a placing and suggesting 30p is pure deramping - it would be just as bad if I said the shares will be far higher in a years time - we just do not know.
As for you posting here - like I said, it is easy for those who wish to post negatively to target companies with poor track records. I haven't been here 14 years - more like 14 months on and off. I do not intend to sell at a loss (yet) so will hold and hope the fact the directors are also under water by 50% on their recent 156p placing price - might be the motivation they need to turn the ship around

[britishb] 25/5/2014 11:12

KN you say "The trading update was vague but suggest the company made a profit for 2013 and (so far) it appears the company will make a (smaller) profit this year".

Well actually the trading update says NOTHING about 2013. We'll have to look at the forthcoming results but it's quite POSSIBLE that they will have eeked out a small profit. H2 was always forecast to be loss-making and they have never bothered to tell us the final outcome (as usual I expect we'll be told an horrifc(IMO) 6 months after the year end).

As for 2014 they say The Championship was break even. They also say it was profitable in prior years. As prior years have been loss making it seems to me the likely outcome for 2014 is a significant loss. Given the weak (IMO) balance sheet I struggle to see how they survive without more funding (hence my 30p placing prediction).

So most probably (IMO) there isn't any significant chance of viewing a set of results showing any profits until the 2015 interims, and as as they've been loss-making for almost every year since 2000 it's takes an unfathomable leap of faith (IMO) to believe they will manage that!

As to why I post - PAA has been an horrific investment since 2000. The company has been loss-making almost every year. There are almost 100 x as many shares in issue today as there were in 2000 (Sharescope). Not a single penny has been paid in dividends. There is still only one full-time exec director (on a £200k+ salary)and (apparently) a family member serving as a non-exec. The whole thing has been UTTERLY ghastly for about 14 years. And yet you continue to rampety ramp and try to convince people there's a rosy future. Clearly that's always possible but if this is really the best investment idea you can come up with I hope they've locked up your school teachers!

[knigel] 25/5/2014 10:34

Buywell2 - you might be right as the company has been involved in golf for years and depending on just 1-2 big events is asking for trouble. I agree music appears to be the growth area now. BTW I have no problem with negative views - my issue is that it is obvious that positive views come from shareholders/bulls but I am not always sure were/why the negative views come from. It is rarely from fellow shareholders... it is usually from a) shorters b) ex shareholders who lost money c) those who held before and might reinvest but might like a lower price d) competitors or those with a grudge etc. I just don't understand the negative posts from those who will never have a position and do not intend to invest but focus on just 1-2 shares to deramp. It's easy to trash a share at historic lows or with a poor history and if these same posters also were to target shares they think have risen too high as well - I would have no problem. There are also posters who just post to have a go at other posters and never talk about shares Thankfully there's only a handful of such posters on ADVFN who almost appear to enjoy seeing shareholders lose money - they never say were they are investing. I don't count you as one of these posters gl

[buywell2] 25/5/2014 09:01

Would the company be so brave as to cut out GOLF all together ?

Making MUSIC the soul play ?


Now there's a thought
















If music be the food of love








Play on








And avoid BS tummy issues








In Korea all PAA would need to make £MILLIONS is too sign up just ONE unknown who they could make BIG

I could help in this ....... as I have a musical background having been in a group for over 5 years

[buywell2] 25/5/2014 08:59

My gut feeling is that re GOLF , PAA is a no go

However MUSIC might be their saviour

Interesting to see how Orvil has stopped posting since the 50% drop

He clearly has been fed so much BS by the company his tummy troubles/indigestion have prevented him from updating us on a regular basis

[buywell2] 25/5/2014 08:54

Goes to show that negative views on threads are healthy V Wealth preservation

[knigel] 23/5/2014 19:36

Mister MD - I do not believe the AIM market has been outperforming the FTSE indexes but happy to be corrected. The share price has fallen for various reasons 1) lack of news 2) valid concerns over The Championship sponsorship 3) several large sellers (note the 25k sell just a week ago....) and probably low free float hence sharper movements in the share price. Lets remember 350k cash was raised last June/July and circ £700k debt capitalised. Then in December a total of £1.329 million was raised via another placing - giving a total of circ £ 2.379 million. The market value is now circ identical to the various amounts raised/recapitalised in these two placings (£ 2.21 million). As a shareholder (not a bull - just someone who will back his investments while acknowledging the risks) I would have said the share price was oversold until the trading update today - now in my humble opinion the share price is about right until the results/further news.
Now to BritishB - he was right to warn although I cannot fathom his particular interest in this company since he has never had a position here. However any one can post on any thread and I suppose he just wishes to post the BEAR case (on the BEAR thread). Now I have to ask him - does he still think the company will go bust? (I do not). He calls the balance sheet very weak - so I must ask him what he would have called the balance sheet a year ago before my estimate of £ 2.379 million was added to the plus side of the balance sheet via cash and loan capitalisation? I really do not expect another placing (yet) since the last placing was only in December but cash flow/working capital issues MIGHT exist. At least for the second half of this year there will be a) the electric run events 2) the NOW festival c) and hopefully the overdued K-Pop concert(s) but the company must work harder to ensure both six monthly periods of the financial year generate revenue/profits.
The trading update was vague but suggest the company made a profit for 2013 and (so far) it appears the company will make a (smaller) profit this year. I agree waving the carrot of more contracts in the future is something longer term shareholders have heard before but I suspect most of the long term holders who would sell have already done so... There is also several other points to factor it - lower interest charges and the £50k annual fee/interest payment to a director is no longer being paid. I do not and will not tell others what to do but I will continue to hold as perhaps material news of the LiveNation tie up might be communicated later in the year. GLA

[mister md] 23/5/2014 16:35

Well the shareprice has fallen 50% since start of the year - it's quite a remarkable achievement considering the rest of the market continues to move up