Parallel Media Share Discussion Threads

[knigel] 03/3/2015 18:27

Did I? Of course it is fine to back up your investment and give a positive view... I detest outrageous ramps ie. 5p targets on a share trading at 0.15p pre suspension. Perhaps you should read the distasteful comments from the shorting trolls on the QPP threads then give them a bit of your expert advice because surely they are just as bad - if not worse. "to talk about a company's shares in a way that makes people think they are worth LESS than they really are" I agree -despicable... It's probably even worse to stick to one thread when you do not even have a financial interest long or short!

[britishb] 03/3/2015 14:38

KN you said on the HTIG thread on LSE "it's ok to ramp".

Dictionary definition "to talk about a company's shares in a way that makes people think they are worth more than they really are"

Despicable. Hang your head in shame. Go home and feel utterly guilty and vow to try to post something balanced and honest in future. Before they lock you up.

[britishb] 02/3/2015 10:36

I see your latest daft idea HTIG has gone bust KN. PAA next?

Are you still not considering companies with decent balance sheets, making good profits and cash flow, on lowly valuations? I'm sure you'd do better that way....

[dusseldorf] 24/2/2015 18:33

britishb - you missed the oscars if you wanted one for 'best performance' for calling it right. You are in the majority and by no means unique when it comes to predicting a PAA price decline. Anyone who chose not to invest and the many who sold in days past (there are many) can also claim to have called it right, they simply choose not to post about it, n'est pas?

Arguably everyone who has ever been issued shares in lieu of payments has also sold, they too have called it right to date.

Whilst I appreciate your analysis is more in depth than the next mans (obviously from an accounting perspective) your ability to predict the future does have limitations - the unknown - certain key events/pursuits could have worked in PAA's favour earlier, they obviously have not. I'm still waiting for the rabbit, and until the show is over here I still believe in magic...

[britishb] 24/2/2015 17:50

So MisterMD you say "not sure if dd is taking too much risk".

Err net current liabilities were £1.345m at the half year. They then sold a stake in The Champ for c. £500k but will presumably be loss-making in H2 by a similar amount. So they have bills to pay and no cash to pay them currently. That means a 100% loss from here is quite possible, and in the short term.

So if a 100% loss is your idea of "not too much risk" then the I suggest another session at the investment school.

Who knows, they may pull a rabbit out of the hat but I stick with my bust or 5p placing guess. And as you know by now I've called it pretty much spot on for an age here.

[mister md] 24/2/2015 16:55

well its already priced to go bust so not sure if dd is taking too much risk. lets hope dc can deliver something here, i'm sure he's had a lot of fun along the way travelling around the world, in AIM style! bb still waiting for an unpaid paycheck or something?

[britishb] 24/2/2015 16:11

Great strategy, DD! Keep averaging down into a share that has been falling for 15 years. Shares in a company that has never made a trading profit in that time and looks as if it has lost The Championship - its only profitable bit historically. Oh and with a balance sheet that could best be described as extremely ugly (IMMVHO!)

I'll call Warren Buffet and see if he thinks you're worth following. I might just find a great big walloping £300 to stick in here myself. NOT!

xx Good luck xx

[dusseldorf] 24/2/2015 14:58

Todays small buy @26p was me (in SIPP), may do another in 2 weeks, very high risk given the silence from the company, general negative outlook from last update, risk of the companies immediate survival due to no golf event date made public, but I'm a firm believer in the reverse-ghostbusters methodology of trading (seeing 'survival' and 'crossing of the streams' as hand in hand albeit with a March/April cross), let's hope DC doesn't open up the doors to Gozer the Gozerian...(!)

In the absence any other update, despite signs of no pulse, the company survives and the chances of a deal as alluded to last year coming to fruition may be near (I have no info on this BTW).

To be clear, I would not recommend investing in PAA at this stage given lack of visibility, however, if the company survives and dilution is minimal we are at the all time low hence my decision.

[mister md] 23/2/2015 15:56

shareprice pattern looking very familiar here ...

[knigel] 13/2/2015 18:15

Answer the question! Why do you post here AND JUST HERE?
I can only guess that either you are transfixed by the history/story here or maybe, just maybe, looking for the right time to buy (or reinvest...) if the company finally realises even a small % of its potential... (at this level)

[knigel] 13/2/2015 11:04

Note the pump and dumper is now selling... sorry but that's twice in a month and both times the guy (I presume) has lost money... isn't there a saying that the market is a method of transferring money from the impatient to the patient?

[knigel] 13/2/2015 10:54

Dusseldorf, I did send an email last week and it has been passed on to the directors. I'm sure they are aware of shareholder concern. My comment on the other thread is relevant - I don't understand single thread posters as surely we all hold more than one investment? However at least you hold the shares here - not sure what's BB excuse is although you provided a possible explanation the other week... Good luck as (imo) either this is going bust or the share price will start to recover - hence why I suspect a few are starting to nibble... I agree though that if you already have shares here it's best to wait for developments.

[dusseldorf] 13/2/2015 10:48

KNIGEL - the key at present, and why we are priced to go bust, is that there has been no confirmation from the European PGA that the TBC event listed in October (PAA said Q3 2015) is indeed PAA's. You'd hope that if PAA no longer had a date it would have been announced, I can only summise that discussions are ongoing, but that does not mean PAA will retain.

A very long shot view could be that PAA is negotiating the potential release of 'all' the rights completely to new party, and that the company founded last year to 'house' the championship tournament rights is part of discussion.

I know music deals have been the recent focus and golf more of a back seat, perhaps the silence is linked to a gearshift in outlook and PAA is litterally clearing the decks of all non-music related activity.

Still in limbo and too risky for me to buy more at present, however, selling championship completely could alleviate alot of my concern.

[knigel] 13/2/2015 09:57

Can't resist can you BB? A few more posts and trades and you start off again..
(and only on this share... beware single thread posters with apparent grudges imo...)

[knigel] 12/2/2015 18:51

Well as stated earlier today... news is way overdue.... fingers, toes and eyes crossed for some positive developments. As for a placing - isn't the option of selling a further slice of their golf rights still on the table?

[mister md] 12/2/2015 17:25

all buys dd - they went through at few pence lower than the offer

[moreforus] 12/2/2015 16:33

all buys no sells

[dusseldorf] 12/2/2015 16:29

Great, only 5 days at 31% for me to break even(!). Not sure exactly what happened today but looks like more stock was sold than bought and yet we're up.Perhaps a placing at premium is on the cards? I'll get excited if we hit £1, but now I'm just mildly entertained.

[mister md] 12/2/2015 14:08

well if they go up another 31% per day it will only take 7 days !

[daytraders] 12/2/2015 14:01

Well if these get to over 200p i will get my money back.

[moreforus] 12/2/2015 13:33

not guilty!

jumbone 12 Feb'15 - 13:28 - 491102 of 491104 0 0

M4:

Suddenly Riddler & his followers have taken a position in PAA today.

They buying from a number of different brokers, has caused the MMs to hike the SP

PAA being an illiquid share, I think the MMs have also taken a cautious approach of widening the spread 28 Vs 35 to deter quick profit taking.