Parallel Media Share Discussion Threads

[britishb] 01/12/2014 21:33

Looks like The Championship (and the mooted Korea event) are missing from the European Tour 2015 line-up (and all dates appear to be filled)?

hxxp://www.europeantour.com/mm/document/static/static/24/36/48/2015europeantourinternationalschedule-full(pv211114)_english.pdf

Don't say the Euro Tour have ditched PAA after this year's last minute change of venue fiasco? That could be curtains....

[knigel] 29/11/2014 09:24

Dusseldorf, really hope there's news in December. It's hard to continue to hold a share that is so static (after falling for months) for a long period. Might send an email next week gl

[dusseldorf] 29/11/2014 08:15

Looks like the electric run even in November went ahead by looking at the event build up / sign up activities;http://electricrun.hk/event-details/

[dusseldorf] 20/11/2014 11:12

Still here, just waiting for an update on deals alluded to re:Music and Japan, and no doubt another sub-company to be created (in japan e.g. PMG Japan)?

DC still has £530k owed, which IMO he well convert if/when there is a final fundraise. I'm guessing Oryx will inject essentially to underscore their support and lower their average share price

It seems inevitable given history, though cash has been topped up by part sale of The championship, but unsure if it will happen prior to FY in June 2015, hence I'm waiting to buy more as whilst I don't believe the price will vary largely from now (a placing if required), there doesn't appear to be any immediate rush.

[mister md] 14/11/2014 13:37

www.linkedin.com/pub/alan-timblick/9/202/343

I hope our "Opportunity creator" is creating some good opportunities, all very quiet at the moment

[dusseldorf] 21/10/2014 09:17

Mister MD - CHA is the worst case of insider trading I've ever seen - no-one seems to care that a company with virtually no business is valued at £64m (obviously buddies of the board are fully aware and have been piling in no doubt using all the vehicles they have). Will be interesting to see what they are buying as clearly lots of people already know(!). Not sure of a connection to HCP but it definitely falls into the category of interesting shell.

I also doubt a hotel business is the way forward - would seem a waste of a perfectly good shell....

[mister md] 17/10/2014 20:08

Dusseldorf - for a (highly) speculative punt take a look at HCP (Hotel Corporation) at 0.5m mktcap - note the familiar names in the following posts...

"
The Stigologist
17 Oct'14 - 16:28 - 869 of 870 0 0

apparently he was behind Caspian with Chris Akers

Marcus Yeoman also a holder here was involved in Concha with Chris Akers

so looks like there is some sort of attempt to use this as a shell

do they own any private hotel business or going to reverse in a hotel business to utilise tax losses here ?

tradervic
17 Oct'14 - 17:23 - 870 of 870 0 0

I would think the connection must be hotels and leisure again so maybe Chris Akers deeper involvement in this one, too many coincidences and shared Directors for it not to be the case."

[knigel] 11/10/2014 19:14

Yes - in hindsight I could have sold out at about 65p on the P&D - waited 2-3 days - and got back in for 45p.. very risky pumping and dumping eg. it didn't work out well for those getting into LOND yesterday - I stayed well clear there. Still hopeful here but some form of corporate update would ease concerns

[ga123] 08/10/2014 10:54

and no need to ask about others investments,holding etc,doesnt matter if someone has invested £50 or £50000 in paa,the performance is the issue!

[ga123] 08/10/2014 10:49

my mistake on paa was not setting a stop loss,which im told all investors should do,yes,i knew that,however,im assuming none of the other main posters on paa set one either,so maybe we are all stupid in not doing so. I don't enjoy losing money,and I make no fun of anyone doing so.however,i find it hard to believe their undying faith in the chairman,like sticking with a football manager who has taken their team from the premier league to playing in the local park,turning every £1 invested into pence.have to agree with bb on the point of people saying its probably reached its bottom price now ,thats been said month on month,in "old" money price below 2p now.

[knigel] 07/10/2014 22:13

... unless it's to "advise"? PMSL

[knigel] 07/10/2014 22:13

I have no problem posting JUST TONIGHT on YOUR thread...
1) I have seen loads of both BULL and BEAR nonsense on Advfn - LSE. Surely you could stalk/target some of the worse offenders?
2) So you have 18 holdings? SO WHY DO YOU ONLY POST ON ONE!!!
As for my holdings - I have a bit in ALPHA at the low - got in WRN, rode the spike and sold for a 400% profit in a matter of days - still hold TLY - acquired STG at 0.5p ... sorry, but I am not going to list them all - in fact, you have not actually listed ANY OF YOURS. BTW do you post on LSE because you obviously do not have the same/similar account name?
BTW I repeat - 90% of posters on Advfn have a view point on their investments ie. if one well known deramper keeps stating there will be a dilution - this isn't fact - it's his opinion. I give my opinion - I do not actually tell any one what to do. As for PAA - my opinion is this s/b the low point IF the sellers have cleared and there is no further placing (especially at a discount). As with all AIM shares - DYOR - and make up your own mind (and I presume you keep stalking PAA because you might decide to take a position here yourself at some point - if not, then WHAT'S THE POINT OF BEING HERE?)

[knigel] 07/10/2014 20:38

...and before you bang on about penny share dreadfuls... FTSE 100 share investment is no guarantee of success..

POG
KAZ
TESCO
MORRISONS

to pick four at random...

Perhaps you would prefer ALL POSTERS to list their portfolios, give out their holdings, their profits, their losses.... I would have no problem with this because we ALL hide behind our keyboards and could be any one!
(btw my SIPP is still six figures - not that it is ANY OF YOUR BUSINESS - health is far more important than money)
Perhaps you should ask the Chairman and other large investors about their reasons for putting more money in last December at 156p in here first before worrying about us smaller investors... I have a while to retirement and this will remain a core holding for now (of course for those holding for YEARS it has been dire and I trust most sold ages ago)

[knigel] 07/10/2014 20:29

Also I do not expect a material fund raising... first there's the several music events this half. Then there s/b two major golf events next year... plus Japan... plus other Live Nation/Electric Run events to confirm.
Potentially US$ 2 million for a 40% stake in ONE golf championship... perhaps the other golf event might be partially sold... what about the Live Nation valuation? Electric Run?
Not ruling out a placing - just do not expect it to be material - and the last one was at a premium...
No advice intended as I stated - but I may be adding at this level soon
GOOD LUCK SHAREHOLDERS AND THOSE WHO LIKE COMPANIES TO BE SUCCESSFUL

[knigel] 07/10/2014 20:25

BB I guess you are pretending to be thick.

Advfn is full of posters giving advice! Some are BULLS (shareholders) and some are BEARS (shorters). While some (cough cough) have no position and post for whatever sad reason they might have...

So some will discuss x share to buy and give target prices. Some will suggest an avoid/sell rec (ie QPP) while others will be more balanced.

So how dare you question whether I can give an opinion here or any where else! You continue to focus on this ONE share without any position and continue to hold a bear view point. WHAT GIVES YOU ANY MORE REASON/QUALIFICATION TO GIVE ADVICE HERE THAN ANY ONE ELSE. You seen to have forgotten the extremely significant profits I made from Helphire - buying millions at 1p.... of course I have had a few turkeys along the way..

So I will be happy to tell you how my various shares are performing BUT

you ... go.... first.... (although being in cash/premium bonds is so borizzz)

[britishb] 07/10/2014 11:23

KN, I note you say "I would advise others not holding is to keep watching"

As I've said before I'm not sure about the legality of "advising" on these boards - unless you have some relevant qualifications.

Perhaps you could tell us what your portfolio performance has been like since you started "investing" in AIM penny dreadfuls. I seem to remember you saying you had c. £120k in your SIPP. Is that right? How much is it worth now?

What are you currently holding and which of them have been consistently profitable and cash generative over the last three years? That info would help people to decide if your "advice" is worth anything.

Dusseldorf, you say "all things considered think I may start buying the odd small amount". Yet more averaging down in one of the market's worst performers (apart from those that have gone bust) this millenium?!

You also say "I think Sanlam have gradually been getting teeth into the co. and events reporting, getting all into shape for transparency and someone has told DC to focus on music and a couple of core golf events". What do you think is the role of a company's NOMAD (Sanlam in this case). Do please expand!

Current assets less all liabilities are c. £-2.3m at half year and I guess more operating losses in H2 inevitable. One can only guess but perhaps we get up to £2.6m to be paid? £470k coming in from 15% sale of The Champ Singapore plus maybe another £310k from further 10% sale. That would leave curr assets less all liabs at c. £-1.7m. POtential for further £470k in future for another 15% stake sale would bring that down to c. £-1.2m. So I'd say funding isn't clear.

Upside is that The Champ Sing is a big success (it might be) and Korea event profitable too, in which case PAA may survive and prosper. A leap of faith IMO after so many horrific years for shareholders but good luck to you.

[dusseldorf] 03/10/2014 08:59

I'm waiting for the dust to settle, but all things considered think I may start buying the odd small amount.

Yes the results are a shocker, and Full Year June 2014(AIA Festival aside) won't be too pleasant as H1 was poor. However, we now have two European PGA event dates, some music events alluded to in Japan, ditched the break-even/loss making smaller events, planned events for electric run, overheads down and going lower.

I think Sanlam have gradually been getting teeth into the co. and events reporting, getting all into shape for transparency and someone has told DC to focus on music and a couple of core golf events. Funding in theory is covered by stake sales in the Singapore championship assuming the balance (30% more) is sold for $1.25m (US).

For me the key issue concerns dilution/prospect of dilution. I can see DC has £540k in loans to the company, I'd really like to know what the plan is for this debt, because as it stands, he cannot convert it as it would raise his holding level - so either
a) he expects to be repaid from company funds in future or
b) from some of the funds raised from Singapore stake or
c) we're going to be diluted nearly beyond all recognition as DC converts £500k and a.n.other injects £1m to maintain DC's %'age holding ratio.

[knigel] 01/10/2014 19:33

Point one is invalid - you meant the Chairman. Apologies. (well that was daft - and I presume at a time when there were a lot less shares in issue - at least he has not given any share price target in recent times!)
Now that the interims are out - perhaps a broker update might be in the works? TBH the only way the share price will head north is news flow - POSITIVE news flow - and at least there has been buying (and selling) this week...
BTW all I would advise others not holding is to keep watching - there is potential here - but the past performance has been dire - end of.

[knigel] 01/10/2014 19:24

Two points 1) I cannot recall EVER giving a daft £1 (in old money) share price target - please show me the post. I did think a while back that 15-20p was possible (in old money) but the peak while I held the first time was 8-9p. My current target is 156p - the same as some directors paid just late last year in the last placing. They obviously did not see or expect the problem with The Championship sponsorship and will be looking to get their money back imo. 2) Stop loss - good point EXCEPT I presume you did not practice have your preach because you sold - at a significant loss - a few months ago after holding the shares for a number of years. Surely if you had your own stop loss in place - then you would have sold 3-4 years ago!
Of course there is no guarantee PAA will turn things around but I will not sell unless I either see a better return or have to - when FTSE100 shares like Tesco are bombing - you could argue no share is perfectly safe atm...
Finally - let's just call it quits. I repeat for the final time - I personally let go when I sell out - too active a trader to keep going back over all my old holdings although the occasional look or comment - especially when I am considering a reinvestment is valid. Perhaps you keep looking just in case sentiment turns and you want back in? So I will not mention you and I trust you will not mention me in any future posts.