Parallel Media Share Discussion Threads

[dusseldorf] 04/3/2016 15:38

The mere fact Herald sold says they are not party to any insider information. So long and farewell in my view...

The question is who has bought circa 250,000 this week - myself and littlemadam claim only circa 22,000

[hope67] 04/3/2016 15:34

Think Herald are selling out of small caps, chairman has just lent more money and with a new advisor maybe there will actually be some news.

[sharetips6] 04/3/2016 15:24

Maybe Herald think getting something is better than nothing.

While in normal stocks clearing a seller is good news, in this company this news
is for me sending out a scary signal.

But others seem to like it and the mm's will gladly screw over as many of them
as they can buying high and then selling low later on

[dusseldorf] 04/3/2016 15:22

Buying has been fairly robust. p.s. if someone is reading this and wants mine, I'll take 50p. Thanks. Dusseldorf.

[knigel] 04/3/2016 13:06

Probably Eezy. Lol

[hope67] 04/3/2016 11:56

Someone has been buying in blocks of 5000k shares

[knigel] 03/3/2016 17:57

At least it's good to see the thread active!

[eezymunny] 03/3/2016 17:43

If you bought some shares in profitable, cash generating companies, with good balance sheets, and you bought them at keen prices you wouldn't need to work DD! Just a thought. I've tried to tempt KN with the idea but he's not for turning :) Much prefers the almost certain to go bust strategy even tho this hasn't made him any money over all the years we've been teasing each other...

From a newsletter I read today

"Trading makes you really humble. You’re wrong a lot, and you have to admit that you’re wrong, or you will get carried out.

Typically, people get into trouble with overconfidence when they find themselves in a trade they feel strongly about and it progressively goes against them, day after day after day. So they double and triple down and keep adding to the position.

This is not a mistake professionals make. This is an amateur mistake, to forget your discipline like that. Pure ego. “I know better than the market.”"

And

"You will find that the investors who last into their seventies and eighties are very boring, cautious people. Not the types of folks that make triple-digit returns". Sounds like me!

He's a smart, funny guy

hxxp://www.dailydirtnap.com/

You can get some of his stuff free at

hxxp://www.mauldineconomics.com/subscribe

FWIW

[dusseldorf] 03/3/2016 17:01

Thanks(!) My long game is with my day job - not AIM shares, I get sufficient pay to be comfortable and accumulate share options each year, one day will cash them in or be forced if we get bought out.

[daytraders] 03/3/2016 16:30

Hope it turns out good for you.

[dusseldorf] 03/3/2016 16:19

Daytraders - I don't feel lucky, as I own various stock purchases from much higher levels and sit on a big loss. Only difference is I've chosen to lower me B/E by taking a risk with more yet capital. There is a possibility I return to profitability shortly, and also one I've thrown more good money after bad.

Obviously based on evidence thus far my view is PAA will survive, so the risk I believe I'm taking is what level new funds come in at (equity issue). Harwood blocking share issue gave me some confidence. As does new Nomad, DC still funding and the association with Team Rock/Harwood involvement to date.

[daytraders] 03/3/2016 16:10

Your so lucky buying so cheap, i paid £9K just for 4000 of there shares :(

[dusseldorf] 03/3/2016 15:41

Just bought 6573 at 10.9 as I like round numbers, was tempted earlier but waited, day traders never fail to be predictable. I shall not be buying again until the future is clear and PAA is funded.

[eezymunny] 03/3/2016 15:16

I'm sure Harwood are influential here DD. I guess they blocked issuance of new shares - long overdue.

Perfectly possible they have something lined up here. They may reverse something in and issue equity at 100p/share - and Bob's your uncle you have the luckiest escape in history (similar happened with another of KN's holdings, when some moronic fund manager bought new equity at 10 x any sensible price. Madness but there you go. It's a mad world.

More likely the Euro Tour serves a winding up order and it's curtains IMO.

[dusseldorf] 03/3/2016 14:14

Eezy - re the conversation on why I think Oryx had influence on appointment of Stockbridge (formerly Westhouse).

Looked up the dynamic duo in charge of PAA advice/broker and how they may be linked to Oryx:

Robert Finlay - Head or corporate finance at Westhouse, was advisor to 'Nationwide Accident Repair Services plc' when they were bought out. Oryx international had stock valued at circa £1m from that buy out.


Edward Thomas - Was advisor for Stockbridge on Tangent Holdings UK Limited when they had a management buy out. Oryx had circa £300k from that transaction.


Given Oryx international only consists circa 20 investments, its quite a co-incidence IMO.

FYI Oryx/Harwood (30% holders in PAA) recently bunged in another £4.5m into Team Rock via North Atlantic Small Companies trust subsiduaries. Tim Sturm director of team rock & Harwood is also a non-exec director of PAA

[knigel] 03/3/2016 13:21

Eezy, never had a failure then? As if..

[dusseldorf] 03/3/2016 13:18

Eezy - The price hasn't moved much at all, it's just 'noise' - you're talking to someone who has watched it fall from 300p+. As I've stated, it will take positive news to take it skywards. Positive news is something I have no idea on..but have made my speculations clear as there is nothing else to go on

littlemadam - I'm hoping there is a significant recovery for all long suffering holders. I'd like to think there was little merit in:
a) Engaging another Nomad
and
b) DC pushing more cash PAA's way

..without something bubbling away in the background. i.e. it provides me at least a certain level of reassurance we will continue trading for the forseable.

[eezymunny] 03/3/2016 13:13

But KN, you point out yourself that the new advisors are probably there simply because Sanlam are ditching a lot of microcaps.

How far the share price has fallen is utterly irrelevant. As you know to your cost there's always 100% downside from any price. How many of yours have fallen 100% - quite a few now? Would you like me to list them?

It's people like littlemadam I fear for. In one breath she says "Got in when orvil posted so positively and enthusiastically a few years ago" and now she's averaging down, following Mr Average Down himself, who has "posted enthusiastically" for years, while this crock has droppped 95% or more.

It remains the case that that the financial position is utterly precarious, with £3m of net current liabilities that can't currently be paid...a winding up order could be served any day and bang, it's down 100%.

Maybe there will be a happier outcome. I've always said that's possible. DC's willingness to lend money to the company suggests that survival is indeed a possibility. A sale of golf rights or other corporate shenanigans is possible but really, these hideous rampy comments on here are too depressing for words. Shame on you.

[sharetips6] 03/3/2016 13:03

I remember holding 150k of these when the 35p private placing Rns come out and of course topinfo and moreforus took over the pumping. I knew it would not get anywhere near that price so when it hit 15p bid I started offloading 10k at a time and managed a high of 19.25p as I dumped into each rise. By the next day it was back to 11p and that was before the consolidation so who knows what % it is down from that price I'm guessing at 95%.

Still if you bought at 8.5p or less the other day you are looking good for a near 50% profit atm.

[knigel] 03/3/2016 13:00

But new advisers could mean news and look how far the share price has dropped over the last few years..

[sharetips6] 03/3/2016 12:58

Eezy

The power of twitter where I think people do not even bother to research they just buy blind and hope enough follow so they can get out with a profit. Of course some will be left holding the baby but the guessing game is how high will the chasers pay ?

[eezymunny] 03/3/2016 12:50

Oh lordy. People are taking you seriously DD with your stratospheric share price moves. That despite you being wrong on PAA for years.

God help us all.