Parallel Media Share Discussion Threads

[knigel] 28/3/2016 15:18

Shares are not being issued as the AGM resolution was not passed... he could have made an offer for the company at any time over the last year but has not.. why? BTW the chart has been stable for a few months now - in fact the share price has moved up from the 7p low point! I know some have a bear position but stick to the facts!

[buywell3] 28/3/2016 08:21

About £1M of those liabilities are the debt owed to the boss who has put his own lolly in the company

So are we now seeing the privatisation of PAA by stealth , ie the issuance of shares at ever cheaper prices for ever smaller chunks of lolly.

Presumably when he hits 30% he will have to make an offer to buy the lot

Which won't be much if the chart slide continues

[buywell3] 28/3/2016 08:17

''A privatisation stealth by action in seeing we are '' said Yoda

''The issue of ever more shares for ever more less money
Beat paying a premium to the market SP'' Confucius he say

[littlemadam] 27/3/2016 13:40

Duss, nails not in the coffin just yet.

[knigel] 24/3/2016 20:56

Eezy - you follow PAA too (with a different view) so I presume you are also one of the disciples lol

[dusseldorf] 24/3/2016 20:55

littlemadam - the company is slowly moving forward. We are surving(!) Look up team rocks event 'Heavy Con' also the ltd and follow the trail via companies house.

Re:liabilities, we have £3m, of which £1m is DC, and £2m some other where DC inferred it 'may' no longer be deemed payable. What this is, who knows, hopefully we'll find out soon. £88k suprise is good news. Maybe other good news suprises, i can hope(!)

[eezymunny] 24/3/2016 20:40

I guess the bulk of the £3m liabilities, swizz, are roughly £2m to the European Tour and £1m in Chairman's loans (I just lurrrrve how you PAA junkies have started calling him "David" - sounds very messianic I think - sweet!)

My best guess is the Tour will write-off the money owed in return for all golf rights (as they'll never be paid!). That's would leave a company with NO golf rights, that owns NONE of the music division (which is owned 100% by the chairman) and still owes c. £1m to same chairman (David).

Good luck disciples!

[littlemadam] 24/3/2016 19:26

Can you lot please speak plain English.

[swizz] 24/3/2016 18:53

On the subject of the circa £3m liabilities, has anyone taking the time out to review the full accounts and how the £3m is broken down and where the liabilities sit in relation to DC's other interests, fwiw I have and I remain confident DC has a plan and IMHO there is a future for shareholders in Parralel Media, I also do my own research, but the risk advice is appreciated, Happy Easter 🐣🐣🐣 ......GL S

[knigel] 24/3/2016 17:20

We get realism from one poster here all the time! One topic of discussion has been trying to work out what the liabilities actually consist of. Another is how much is the golf division now worth - will it be sold to reduce debt. Another fact is that David keeps lending the company money.. Also been a few music events planned for this year.
You don't need to post here OR invest if twitter chat upsets you so much. Many AIM shares get pumped on a daily basis but at least there is an actual rns here today to explain the tweets!!

[dusseldorf] 24/3/2016 16:46

£88k cash for PAA better than a smack in the face. I guess this is part of cleaning up the company. 37k shares not worth much, I should know :) - perhaps that is part of recent selling to realise the proceeds.

I also noticed David is involved further with Team Rock, this time in the UK - people can work that out for themselves as I don't want to pre-empt any news, I did my own research.

[sharetips6] 24/3/2016 16:31

"pulling rabbits out of the hat"

Yeah like the big rabbit still stuck in the hat that is £3 million of liabilities
that nobody wants to mention on twitter. What is wrong with people these days
everybody just wants to blind ramp without a touch of realism !

[knigel] 24/3/2016 16:31

Oh look, some buying :-)

[swizz] 24/3/2016 16:21

We still have a pulse and DC keeps pulling rabbits out of the hat, well it is Easter after all......GL S

[dusseldorf] 21/3/2016 08:28

buywell3 - If you believe the company has £100k cash left you clearly haven't been following - it has much less(!). Everything you and bb have said, has been said before 1000 times - and yet here we are...not saying your points aren't valid, just that PAA is still trading. Why is that? It's not PI's that have been funding.

[knigel] 19/3/2016 07:55

Not so sure why you are (still) so keen on seeing this company fail? It's about time you told us all the story of why this company - which you have no financial interest in - fascinates you??

[eezymunny] 19/3/2016 07:28

Ah, if nobody hoovered up the "sells" it would be 0p bid, DD. Possibly only a matter of time anyway ;(

[dusseldorf] 18/3/2016 16:20

Someone seems to be hoovering up all the sells

[dusseldorf] 10/3/2016 22:31

Mister MD - not entirely unexpected after a straight 60k in sales. I like your paa unsolicited approach comment - I can dream(!). Was gutted to learn my CEO turned down an approach, my options stacking up nicely.... this time next year Rodney