Parallel Media Share Discussion Threads

[dusseldorf] 22/9/2016 15:30

Results are due by Friday 30th (Interims), so perhaps some form of corporate update from DC re: how the company exits it's debt situation

[eezymunny] 22/9/2016 15:18

A Twitter twits rampfest pump n dump for the umpteenth time one might guess :)

[twodegrees] 22/9/2016 15:07

wakey wakey, what is going on....

[knigel] 11/8/2016 12:45

Er been a share price rise over the last few months if you haven't noticed!

[eezymunny] 11/8/2016 08:09

Well done Andyhey. What did you ask DC? What did he say? And why did his answers make you consider buying more? Hopefully he has a super plan to reverse the 17 year share price decline that he has overseen! Yes 17 years of racking up losses and diluting shareholders to near death while he has drawn millions in salary.

I'm just DYING to hear, andy!

[dusseldorf] 11/8/2016 08:00

KNIGEL - it seems pretty clear that there have only been 2 - 4 PI buyers taking the stock, and the one insti holding sold into the rise. I'd much prefer it the other way around.

I may wait for news to make my decision - there will be a multi-million equity issue at some point but the question is at what price. Oryx seem to have no expectation of it being higher than 14p - Oryx are run by Harwood, Harwood director Tim Sturm is a PAA non-exec. How does Oryx determine that 14p is a good price to crystalise £150,000 loss by selling stock thats lost 90% of it's value - either the fund manager is a muppet, or he has information that leads him to believe it's a good transaction.

[knigel] 11/8/2016 07:51

Oryx have not stated they want to sell out - they simply might wish to reduce their exposure here - and as I said the other week, someone is mopping up the sales and the share price appears to be holding up quite well..
Obviously sometimes you have to bite the bullet and sell out of an investment but I always find I still keep monitoring my ex investments - some have not moved while others have soared - hence why I will not sell out of PAA yet - as knowing my luck DC will pull a rabbit out of the bag and the share price will soar LOL

[dusseldorf] 11/8/2016 07:46

andyhey - be careful not to believe too much in what is said, i've heard it all before for years. Whilst the 'intent' is there, and I don't think he's aiming to mislead, DC has failed targets a plenty - almost every date target ever inferred has been missed.

for example when the company says it plans to make acquisitions Q3 2016 Q1 2017, I expect the deal (if at all) to complete no earlier than Q2 2017.

I've been debating whether to sell my remaining 42k but part of me wants to stay for the long-shot recovery. The oryx fund sale has dented my enthusiasm as it kind of puts a cap on things medium term (in that they will continue to sell into any rise).

[andyhey] 10/8/2016 21:09

Had a chat with DC this afternoon. Might buy more.

[drmaccers] 03/8/2016 14:37

One wonders why Easymoney has spent hours thinking about a share he doesn't own and hate. Strange behaviour indeed

[knigel] 03/8/2016 12:57

It almost felt like reading a novel 👾

[knigel] 02/8/2016 22:34

But you are wasted here EM - if you have not noticed, there have always just been 5-10 posters on here throughout the years. No one is currently ramping PAA to dead.
If you really want to save people money - it would make far more sense to post on the active AIM threads ie. FTE or AST at the moment.
Why post on an inactive low trading share or answer virtually every post made here? Obviously you have history here with this particular company.. If not, prove it and stay away for a while..

[eezymunny] 02/8/2016 21:53

Oooh you seem like a nice chap Roger.

If you really read all my and my alter ego britishb's posts on PAA you'd see that we've correctly called this all the way down from what, 200p? We've predicted the profit warnings. We've predicted no more Euro Tour golf events etc etc.

Britishb's first ever post on PAA said "Well now. What do we have here?

"Loss making.
Cash burning.
Net current liabilities in excess of £3 million.
Net tangible liabilities.
A nicely chunk of debt.
Borrowing money from the chairman (with a "facility fee of £38,483").

What a gem!"

Nothing much has changed since, except I believe there is now no hope of them ever staging a Euro Tour golf event again (for reasons I've given). Down 95% since then and it was so easily predictable. People called us names then and call us names now. Fools keep being parted with their money. Year after year.

Who knows - after being right time after time in just about every prediction I might be wrong from here - but I'm 95% sure I'm not.

Now a load of new mugs have loaded up with their savings (buying, it seems, from the major shareholder who wants out, even for pennies on the pound of his original investment?) I reckon first out gets most of his money back. The rest - not much at all!

Good luck. I'l pray for you over my nighty night Ovaltine :)

[eezymunny] 02/8/2016 16:09

The trouble with microcaps like PAA (and PTV) that lose money year after year, are balance sheet insolvent etc, is that they either go bust or issue new equity. PAA shareholders have been diluted 100x over (from memory) over 16 years.

The problem with having a notifiable stake in such dreadful companies is that you can't sell them when you realise the great Twitter ramp is over and you're left holding the baby!

Good luck.

[andyhey] 02/8/2016 15:42

LOL yes, no problem. Like you say the trick is to make more than you lose. Time will tell with PAA. Trouble with these microcaps is that before you know it you're notifiable.

[eezymunny] 02/8/2016 14:51

Can you stand your round Andy? I hope buying into all these hopeless shares hasn't wiped you out ;) PAA more than likely to fare as badly as PTV IMVHO but you never know.

Never spoken to DC swizz - the PAA numbers do all the talking!

[swizz] 02/8/2016 14:25

EM, Speaking of love, are you and DC still on speaking terms?....GL S

[andyhey] 02/8/2016 14:25

Over a pint? I've assumed from your tweets that you're Bournemouth based. I'm Blandford.

[eezymunny] 02/8/2016 14:20

Love to hear your bull case Andy!

[andyhey] 02/8/2016 14:16

Probably is!

[eezymunny] 02/8/2016 08:44

I lose money all the time KN. I just make more than I lose and that's the trick, no? At least when I lose money it's because I'm just slightly stupid. You have to be incredibly stupid to have lost money on PAA these last few years (IMVHO!) given all the information at hand.

Who knows, maybe PAA holders will have a lucky escape. Highly unlikely IMO, but never say never.