Parallel Media Share Discussion Threads

[britishb] 27/1/2015 09:51

As I said in March last year "If we are right to assume that Ballantine's was "Client 1" in the 2012 AR then Ballantine's were responsible for 69% of PAA's revenue in 2012 (and presumably something similar in 2013)"

So with no PAA event on the 2015 Euro Tour calendar revenues will, I guess, fall by about 60-70%.

Combine that with the rotten balance sheet (IMO) with significant net current liabilities and the (I guess) woeful H2 and all I say is...good luck selling after the next trading statement...esp to all those who are so handsomely averaged in!

Only hope I can see is a gap appeared in the Euro Tour schedule Oct 8-11. Maybe PAA can get that slot - tho I remain of the view that relations with The Tour may have been seriously compromised by the shenanigans with The Championship last year...we shall see.

[dusseldorf] 21/1/2015 15:04

Every dog has it's day?! it's just PAA's is taking several years in the planning. Looks to me like the 5k sale was a T20 forced seller from the earlier P&D attempt.

PAA is not a stock to P&D, I've been saying it for years, but always people come back and force the price lower escaping.

Market cap now £0.74m. Still nothing to encourage me to buy any more. The trading update and abysmal results have dampened my enthusiasm. 100% radio silence is not encouraging either...

[chesty1] 21/1/2015 14:42

This has hardly had a blue day in the last years trading...nobody wants this dog at any price.

[mister md] 21/1/2015 14:22

PAA shareprice continuing its great short, medium and long-term performance I see ... ;)

[21trader] 07/1/2015 14:03

bozzy

I'm telling you topinfo was only holding 1000 or 1500 he just pumped it so he could 3p more while trapping in other chasers who now have trouble selling. He does not have £4-5000 to stick in rubbish like this. £4-500 is his max trades.

[dusseldorf] 07/1/2015 13:58

britishb - It does look dire, but the valuations still stand purely on profit to mcap merit and as listed 'on 14x earnings' in a sale situation (as long as the share capital is not diluted and those profits by some miracle are achieved in 'x' years). MCAP now only £825k.

The most recent drop is yet another failed P&D attempt.

The golf events never made much money and it's the new JV's (and their potential growth) that have kept me interested, though have continued to disappoint. I'm not sure what will happen to the championship as there has been no update, but I suspect it will run but not in conjunction with PGA Europe.

I'm optimistic that the music collaboration is going somewhere, but with no update/press have to wait and see. I see no reason to buy at this stage, but sometimes we can be positively surprised by PAA.

[loverat] 07/1/2015 13:57

This one looks ready for the knackers yard. All confidence in this management gone.

[bozzy_s] 07/1/2015 13:50

That's the scammer/pump and dumper just about out. 21T can I claim some credit on this one for quoting the buys were probably from 1 person? Gave you fair dues on AMP!

Look at today's sell. That's part of buys 2 & 4 on P&D day 30th Dec.

Glad that no-one else, not 1 single person, was tricked into buying. And the scammer has been royally mugged by MMs! 33.5p/38p to 25p in 8 days.

As I mentioned at the time when Topinfo was scamming, 20366 PAA shares to be sold imminently. Looks like he's got about 4700 left. Sold 1500 + 1000 + 1000 + 2500 + 2500 + 3000 + 4166 = 15666.

Anyone looking to invest in PAA (brave peeps!) wait for that 4700 sell, then perhaps get in at around 26p.

[britishb] 07/1/2015 13:49

Dusseldorf my good fellow!

Do you think it's time to adjust your share price targets on the other thread. They are currently as follows:

Profit.......PAA FY results price target* (Based on 3,009,233 shares in issue as per 04/02/14 RNS)
0..............120p - 144p
200k.........144p - 192p
400k.........192p - 240p
600k.........240p - 288p
800k.........288p - 384p
1m...........384p - 576p
2m...........768p - 1128p+

With PAA now just 25p bid it looks like I adjusted my target in good time (from 30p to my current 5p (if you're lucky!).

Your old targets are starting to make you look jolly foolish IMO!

Any thoughts on how PAA survives with apparently no events on the European Tour this year and the balance sheet in such a mess (IMO)?

xx

[21trader] 30/12/2014 14:23

He does not have that kind of money. He plays with much smaller and never uses
more money to chase up a stock. The chasing is done by mugs falling for his spin on his thread allowing him to dump the 1500 he bought ages ago when he first started pumping it.

[bozzy_s] 30/12/2014 14:19

21T, I reckon they are all from the same person. It's part of the pump process. Multiple buys, ideally from different accounts (to avoid MM limits), help them to give the impression there's genuine interest in a stock.

A victim / mug / fool might think there were 4 or 5 buyers of PAA earlier.

With something like PAA which hasn't been traded for weeks, as you correctly say, it's a bit harder to pretend there's genuine interest. As I mentioned earlier, they chose THE single worst share to manipulate.

Reasons not to buy PAA today:

1) There are stale bulls who will definitely sell into any rise.

2) No trades for weeks, because MMs were bidding below the bid price even for small quantities.

3) Obviously there is a scammer trying to manipulate / P&D these. Look for sell trades totalling 20,366 shares in next day or two.

4) Ballantine's Championship was a profitable venture for PAA. They lost Ballantine as main sponsors, and have seemingly now lost the Championship from European Tour Schedule. Not yet announced by company.

5) Historic share price performance, £230,000.00 to £0.35 in 7 years.

[loverat] 30/12/2014 14:08

I think part of the 'attraction' with this share is that the market cap is so low so has to be seen in that context also. I trade shares which are bombed and subsequently recover enough to make a nice profit.

I used to trade this share before the consolidation and it moved up and down nicely. Nowadays it is far more difficult to trade and the management are perceived as total and complete failures. I don't think this is one of TopInfo's better choices but then again who knows.

[21trader] 30/12/2014 14:07

bozzy

Look at the trades 4 buys out of nowhere. Just had a look at the previous 3 weeks of trades in Dec and not a thing he does have idiots that follow him blind.

[bozzy_s] 30/12/2014 14:02

Respectfully, I think you're wrong 21T. I think no-one has followed him/her here. He / she has chosen the worst possible share! There will be plenty of stale bulls ready to sell into any rise, however little.

We all know the company's history. Their endless fundraisings and the share price performance. It seems that the Championship has been removed from 2015 schedule - unannounced by the company so far.

No-one has followed Topinfo here. I strongly suspect those consecutive buys were from him / her. They'll appear in the sell column later. Either before or after some existing holders have taken advantage and bailed out.

[bozzy_s] 30/12/2014 13:55

Seriously, could have picked ANY company except this one to pump and dump, and you'd have a better chance of making a fast buck. Why on earth choose the worst performer, surely, in AIM history? 23,000,000 to 35 in 7 years!!!!!

And some of us actually follow these, having been shareholders in the past.

There is quite probably some unannounced bad news to come.

See post 1023 and previous 50-100 posts here. PAA's Championship has not made it onto the 2015 European Tour. The profitable bit of the company has lost it's way. In 2014 it was somewhat hashed together, having lost the main sponsor.

[21trader] 30/12/2014 13:55

I'd bet my house that the 1500 shares dumped were flops !

[bozzy_s] 30/12/2014 13:50

Traders / dealers / investors please read previous 50 or so comments here and on other BB, before the scammer popped up today.

Look at the 7 year chart of this 'quality company'.

23,000,000p to 35p in 7 years. Yes, 23 million pence invested 7 years ago is today worth 35p!!!

Can't think of anything that comes close to that bad.

Topinfo has just gone through his/her list of AIM companies valued under £1m, regardless of quality or history, bought a few thousand pounds worth in various accounts (multiple trades), put their standard positive/misleading/wrong spin (normally a copy/paste job), and hope a victim/fool believes 'something's happening, there's a deal being done, news soon' and buys shares themselves.

Original scammer sells one or more of their initial trades. Look for those early trades popping up in the sell column later today.....

23 million pence to 35p in 7 years !!!!!!

[bozzy_s] 30/12/2014 13:49

1015 - wrong thread! "....crazy cheap for this quality outfit!!"

Traders / dealers / investors please read previous 50 or so comments here and on other BB, before the scammer popped up today.

Look at the 7 year chart of this 'quality company'.

23,000,000p to 35p in 7 years. Yes, 23 million pence invested 7 years ago is today worth 35p!!!

Can't think of anything that comes close to that bad.

Topinfo has just gone through his/her list of AIM companies valued under £1m, regardless of quality or history, bought a few thousand pounds worth in various accounts (multiple trades), put their standard positive/misleading/wrong spin (normally a copy/paste job), and hope a victim/fool believes 'something's happening, there's a deal being done, news soon' and buys shares themselves.

Original scammer sells one or more of their initial trades. Look for those early trades popping up in the sell column later today.....

23 million pence to 35p in 7 years !!!!!!

[eezymunny] 30/12/2014 13:42

Be careful here. The Championship has not made it onto the 2015 European Tour. I'd say PAA may be having some difficult conversations with the people who invested in it.

[21trader] 30/12/2014 13:41

Do you think flops is bothered about posting the truths about loss making etc etc he just done a big turn over on FTE before the price collapsed he does not give a flying fig what lies he writes so long as mugs buy in so he can dump !

[21trader] 30/12/2014 13:39

Oops is it time for his sidekick to join in the pump !

[topinfo] 30/12/2014 13:39

PAA check this out and then look at tiny mkt cap.

On 1 September 2014, the Group entered into an agreement with Amarantos Group International Limited and First Alverstone Partners Limited to sell 15% of the equity of The Championship (Singapore) Pte Ltd for US$0.75m (valuing the whole of the equity at US$5.0m). In addition, an option has been entered into with First Alverstone Partners Limited for a further 10% of the company to be sold at the same valuation. The option can be exercised from the date of the agreement until 1 November 2015.

Discussions have commenced for the sale of a further 15% in The Championship (Singapore) Pte Ltd and the Board is hopeful that this will be concluded in 2015.

As at today's date we are in discussion with two potential title sponsors for the Championship in Singapore and will update shareholders in due course.

As announced in the final results for the financial year ended 31 December 2013 that were released on 19 June 2014, the relocation of the Championship to Singapore has, in the Board's view, been positive for the Company. PMG is now able to run the Championship in Singapore and is also able to continue its existing title sponsor discussions for a "Championship" or similar event in Korea from 2015 onwards. The Group is pleased to confirm that it has now negotiated and agreed a new date on the European Tour for this event in Q3 2015 and discussions are on-going with the potential venue in Korea and with potential sponsors.

[21trader] 30/12/2014 13:38

bb

Topinfo is a shameless pump and dumper that ignores facts and will dump very
soon today

[topinfo] 30/12/2014 13:38

PAA Mkt cap is just £930k, so less than even £1 million. Thats mental when you look at what they do, the numbers involved, the growth and their true NAV and correct worth. An easy bagger and more if ever I saw one IMO. DSIDS!!!