Pilat Media Global Share Discussion Threads

[fse] 29/10/2007 20:44

They have been wacked on implementation delays by their clients, its not as if they have lost anyone. They are on a very lowly rating which reflects this.
They do actually make a profit !

[goodgrief] 29/10/2007 08:21

Waking from the dead... ?

[yump] 18/10/2007 11:40

buywell2
Sorry you were picked on at school.

[buywell2] 18/10/2007 09:59

Profit warnings come in 3's

Number 2 should be coming soon

[fse] 11/10/2007 19:44

>James Kirk..... the selling did seem severely overdone and to be honest the valuation before that was a little skinny.
I dont think there is anything major wrong here other than delays which very unfortunately hound any new technology.
The unknown is timeframes ....
It all looks on course but when ????
In this climate investors freak out about delays...

all that coupled with the booking of revenues in the last half of the year has had a negative effect. Hopefully we will get a decent update from management.

Remember also that end profit was lower almost entirely due to staff and operating costs being increased to service new business which is not yet contributing to the bottom line.....

[james t kirk] 11/10/2007 15:44

Still some nice buys going through, but shares reacting very slowly.

[james t kirk] 10/10/2007 07:36

Buying continues, so a further move up may well be on the cards. This has been sold down far too far.

[james t kirk] 28/9/2007 17:03

Looks like there's some bottom fishing going on here, certainly looks a good time to be buying IMHO.

[fse] 26/9/2007 13:13

>yump.... I would say you have the correct handle on it all. Thats the way I see it and I have been following this company for a very long time now.
Its all about implementation time which is what causing current wobblies...they do actually make money !

[yump] 26/9/2007 11:37

FSE
Agreed yes. They've got core revenue generated from previous contracts, but the larger and more complex the contracts and developments, the more it must be tricky to put exact dates on the signing of them. I'd be very worried if contracts were getting cancelled or interest in the product had waned, but thats not what has been announced.

With this sort of technology, that integrates a complex set of demands in a field thats at a relatively early stage, they would be lucky if all the contracts got signed at the times they hoped for.

Shows the way the market works though. Technically, if all the expected contracts got signed in the second half, you would expect the share price to recover to the previous high. However, I think now it will be a gradual process, unless there's a really big and unexpected contract (which isn't out of the question). Mainly because investors like businesses to grow evenly, which they don't.

I don't know about other investors, but I bought in here on the promise at some time in the next few years that PGB will have a good chunk of what is an essential business tool for broadcasters.

The key thing is for me the expectation of predictable revenues taking over from the early stage lumpy contract type earnings. To some it will look like some sort of contract organisation, but thats not the actual plan.

[buywell2] 26/9/2007 11:12

This share is now in a firm downtrend

Tillthe chart shows its bottom I see no reason to buy against the trend , which my previous post clearly shows

There is every chance of another profit warning if no new contracts are signed soon

[fse] 22/9/2007 23:01

> yump.... but that is whats happening and as you say the markets are not interested in potential at all from established companies, yet they will bid up some unknown quantity through the roof but in all fairness they quickly fall back to earth again.
The situation here is simply one of slow uptake ... would you agree with that ?

[yump] 22/9/2007 21:26

I just temporarily unfiltered Buywell2 just to check on whether my reasons for filtering had been confirmed.

They have. A pointless cut and paste of an earlier post from 3rd. Sept, which is pretty close to the sort of spam you get randomly on stocks that have already dropped, by people appearing after the event, who have shown no previous interest in the stock.

Filter back on permanently.

Meanwhile...

Bizarre market really, when you've got companies around with no turnover valued in millions and then cutting edge progress in technology like this where the share price is behaving like a FTSE utility.

Some stocks with no forseeable chance of becoming blue sky in profits being bid up and others such as this one being judged entirely on immediate profits with nothing in for the future at all.

[fse] 22/9/2007 14:34

Dont really disagree with buywell observations above but it does also tie in with what I have been saying. The problem here is a knock on effect from the delays in implementing new technology for broadcasting. ie like Broadband penetration its all going slower than was expected but it is still nevertheless all happening.

The company has been forced to increase costs to ramp up for what will happen but they cant push the networks any faster than they decide to go.
Pilat showed good immediate strength on lower costs and initial sign ups.
The volume of business from the networks though is only starting to "trickle " in.

Its all very frustrating but I dont see anything that ominous here just a bunch of delays so typical of just about everything these days coupled with extreme market impatience.

[buywell2] 22/9/2007 14:08

40p hit as per a previous post

buywell2 - 3 Sep'07 - 14:30 - 1271 of 1287 edit




Looking on a 3yr view 35p is also a support level

Profits have taken a hit , and longish term holders could well be bailing

This is one for the 'wait and see' box methinks



This to me represents a profit warning
'In Q2 2007, as in previous quarters, the Company generated a high proportion of
its revenues from long-term contracts, with their licence and implementation
fees combined being recognised gradually according to the progress achieved.
Whilst we still anticipate signing new contracts this year, the delays mentioned
above mean that these contracts will not make as large an impact on the second
half of the year as we anticipated. We therefore expect only a moderate growth
in revenues to be achieved in the second half of the year over the revenues
achieved in the first half.'

Together with increased staffing levels
'During this year we have increased our head count in order to further strengthen
our product offering, operational capacity and selling and marketing
capabilities, and support continued growth in the years to come.'

which mean increased overheads/expenses, then a further profit warning might well be on the way

They tend to come in 3's

[fse] 21/9/2007 22:27

churchtower thats a great post .... nice spot.
I dont think investors have in any way understood this company or the timetable to book revenues on or why....
I am not aware of anything sinister here other than the timeframe for broadcasters to fully adopt their plans is as can be expected slower than we would like but it is going forwards. Remember the frustrations with broadband rollout... look at the slowness of HDTV roll out etc etc.... BUT .... its all still going forwards.

The article above deals with advertising and this of course is at the heart of the matter and why so many broadcasters have signed up with Pilat.
Targetting ads at the correct audience is what this is about.
This is something the networks could never do properly before...its a quantum leap forwards.

[azaman] 19/9/2007 18:59

What has triggered the sales today ?

[churchtower] 07/9/2007 15:09

6th September 2007.
Pilat Media, the leading specialist provider of broadcast management systems, today announced that it is demonstrating an upcoming version of IBMS designed to handle both non-linear (IPTV and VOD) and linear programming and advertising at IBC.

Enabling Broadcasters and Telcos to Manage Scheduling, Rights Management and Contractual Commitments for Thousands of Films, Programs and Adverts

Amsterdam, IBC Stand 8.331, September 6, 2007 – Pilat Media, the leading specialist provider of broadcast management systems, today announced that it is demonstrating an upcoming version of IBMS designed to handle both non-linear (IPTV and VOD) and linear programming and advertising at IBC.

To date, IPTV service providers have typically scheduled a small number of assets – including films, TV programs and adverts – and have been limited to basic tools such as spreadsheets. As they enhance their services and the number of VOD assets that they manage grows to tens of thousands, they are demanding more sophisticated tools to manage their programming, rights management and contractual studio commitments.

Pilat Media has proven its ability to manage huge volumes of assets with customers including Fox, Five and Discovery. Over 5000 users use Pilat Media's IBMS broadcast management system on a daily basis.

Pilat Media is now bringing this experience and tools to broadcasters and telco operators who are launching IPTV platforms. It has already partnering with several customers to manage video-on-demand download services.

"Many businesses are rushing to put content online. But without a solid business infrastructure it will be hard to make money from it," said Avi Engel, CEO of Pilat Media. "IPTV providers are finding that the more assets they offer, the scheduling issues become exponentially complex. For example, the contractual obligations from studios might stipulate that certain films have to be offered with no advertising and only to certain audiences. We can now ensure that customers take maximum advantage of their content rights."

IBMS automates the management of all IPTV scheduling, rights management, regulation and internal business rules, royalty payments and contractual metrics. The scheduling team has an easy-to-use graphical interface to drag and drop programming into the schedule and see at-a-glance how the business is meeting contractual obligations and maximising business opportunities. For those broadcasters who already use IBMS, they will have a single integrated solution for managing both linear and non-linear assets.

"For IPTV operators, the technology part of BSS and OSS is the relatively easy part," said Bob Lamb, CTO at Pilat Media. "Without the functionally-rich supporting system all that technology is meaningless. We make the data relevant and help customers profit from their assets."

[fse] 05/9/2007 21:22

Brief explanantion of just what IPTV is all about.
We are not quite there yet as far as large scale roll outs, but its very close.
Broadband hesitated the same way as did the introduction of flat screen TV's
PGB have to increase their staff to deal with future demands and they have the money to do it... OK its hit the short term revenue projections but the overall story is looking better than ever.


PGB spoke to the World IPTV forum recently... They are right in the thick of this for any who might want to doubt the significance of it all. Why not check out what PGB have to say ...

Bob Lamb, Chief Technical Officer, Pilat Media
With almost twenty years of experience in database and application development, Bob provides business systems guidance to broadcasters and IPTV providers across the world.
Bob worked within consultancy and education before joining BSkyB in 1988. At BSkyB he lead a development team in the development and design of BSkyBs original subscriber management system. He then moved to Magic for a short time before joining Pilat in 1992. He has been involved in most of Pilats major IT projects in the last fifteen years, leading the team that produced Pilat Media's flagship solution, IBMS - Integrated Broadcast Management System.

[buywell2] 05/9/2007 19:17

Hardly shows great confidence does it ?

£5k's worth won't stop the current trend downwards .... does show they are worried though

37p on the way is my take
dyor

Pilat Media Global Director/PDMR Shareholding


RNS Number:3609D
Pilat Media Global PLC
05 September 2007



5 September 2007





Pilat Media Global plc (the 'Company')



Director's dealings



The Company was notified today that Sami Totah, a non-executive director, has
purchased 11,500 ordinary shares of 5p each in the Company at a price of 45.63p
per share.

[james t kirk] 05/9/2007 15:26

One Director buying today, would be good if a few more showed their confidence with some spare cash..

[buywell2] 04/9/2007 13:27

Captain K , I take it you must be a longterm holder here

Without doubt the last set of results were dire , and contained a profits warning and a warning of possible more profits warnings to follow if contracts are not signed soon since staff numbers have recently risen as business won has dropped.

refer to my previous post for extracts

The chart is 'a falling knife'

Anybody holding from over 3 months back is nearly 50% down , like I said before there is no compelling reason as yet I think to buy into this till the picture/chart changes

[buetowa] 04/9/2007 09:31

Does PGB qualify for AIM taper relief?