Perform Share Discussion Threads

[matplum] 10/9/2012 12:13

At some stage the directors have to get some benefit from the company going public. It was over a year ago since the company was floated.
For every seller there is a buyer so I don't see a problem there, they've certainly all got a bucket full left.
I was questioning the number of small transactions i.e below 10, there were loads of them.
The company is in a growth situation and provided the acquisitions can be readily absorbed it will go from strength to strength.
Just my view through.

[tiger20] 10/9/2012 09:08

Three Directors sold shares raising a value of £7m plus last week

Remain cautious but holding on to some shares

[matplum] 08/9/2012 15:59

So many small trades on friday, whats going on? Any bright ideas?

[tiger20] 30/8/2012 15:40

I read the results which look positive but difficult to understand all the moves the company have made over last 12 months I am a little cautious till I see some analysis or broker recommendations-put the co.on hold for now

[matplum] 30/8/2012 14:19

"49% revenue growth and 100% adjusted EBITDA growth
On track for strong full year performance"

and the shares go down!

[tiger20] 26/8/2012 11:55

Interims out thurs/friday-the moment of truth - are wo on a winner we shall see.

[matplum] 14/8/2012 07:50

All quiet on the home front , unusual, normally somethings happening.

[tiger20] 18/7/2012 11:04

Perform's joint-CEO Oliver Slipper commented:

"Our focus is to provide content to our customers 24 hours a day, 365 days a year and this Asian football (650) renewal and recent rights deals with the WTA, Wimbledon and South American football shows our commitment to this."

Although share price fell today and now rising I am staying invested I think the MM are having difficulty valuing this share - but I feel further upside in weeks ahead.

[wjccghcc] 18/7/2012 09:51

I suspect it's because they were outbid for the rights to show French and Italian premier league football.

[matplum] 18/7/2012 09:19

Well I glad there was a reason!

[morecoffee] 18/7/2012 08:34

Probably because I bought into it last week - I seem to have that effect. I call it "The Anti-Midas Touch" :-(

But don't worry, my "it'll-never-go-that-low" stop-loss bashed me out this morning so it can now go soaring again without me :-((

[matplum] 18/7/2012 07:24

Down 10% in one session, that's got to be overdone. Any reason?

[matplum] 16/7/2012 11:30

yes, but where is it going now?

[tiger20] 11/7/2012 13:31

Great share run - doubled my money in 6 months

[tiger20] 29/6/2012 07:38

29 June 2012

Perform acquires leading Turkish digital sports media company &

Update ahead of closed period

Perform Group plc ("Perform"), the global market leader in the distribution and commercialisation of sports content across connected digital platforms, announces that it has acquired a majority stake in Mackolik Internet Hizmetleri Ticaret A.S. ("Mackolik") which owns and operates a number of Turkey's leading independent sports websites including mackolik.com and sahadan.com.

Consideration

Perform is acquiring an initial 51% stake in the business for cash consideration of 40.8 million Turkish Lira (TRY) (GBP14.6 million) based on an agreed ten times multiple calculation of the full year audited EBITDA results of the business for the year ending 31 December 2012. This initial payment will be made out of the Group's existing cash resources and will be adjusted if reported EBITDA for 2012 is higher or lower than the current forecast of TRY 8 million. In addition, Perform will acquire the remaining 49% for cash, based on an agreed ten times multiple calculation of the average full year audited EBITDA results of the business for the years ending 31 December 2014 and 2015 weighted 25% and 75% respectively, with maximum additional consideration payable in March 2016 of up to GBP60.4 million.

Acquisition Rationale

The acquisition significantly enhances Perform's presence in Turkey, the fastest growing digital market in Europe, and is in line with Perform's stated strategy for growth through acquisitions announced at the time of the IPO.

Mackolik is the market leader in digital sports media in Turkey, operating 10 sports websites

[matplum] 13/6/2012 17:38

Why do they keep doing this, 10-14 p up all day then -3 p at the end of the day auction?

[matplum] 12/6/2012 17:37

WOW! Lets hope for £4.00 this week. My prediction last week maybe a couple of weeks out.

[trewsa] 11/6/2012 23:40

But the offer price was 357.8 i.e. 20p more than the bid,which no spread that day came anywhere close to.The trade was also shown as Negotiated yet Selftrade say it was automatic.

[tiger20] 10/6/2012 15:21

The shares went as low as 339p

[mechanical trader] 08/6/2012 20:47

Yep plenty do.

[trewsa] 08/6/2012 15:56

Got stopped out at 340 through Selftrade - 5 pence below any other trade today.Anyone else think they are lousy?

[matplum] 03/6/2012 17:10

Just a bit of profit taking, these still have a long way to go when the MM know how to price the shares.

[tiger20] 01/6/2012 16:49

Share price down 17p must learn to keep my mouth shut.