Prime Focus Share Discussion Threads

[tara7] 04/7/2011 11:20

Agreed, [now you told me what you have]

I do think Prime Focus is growing faster than any other in the sector just spending £5M in london due to open in Aug, with very low cost base for the dog work in India.

Also this blockbuster will put 3D back in front after a drab few months.!

[wolterix] 04/7/2011 11:16

yes I know - I work in 3D myself

better to say Prime Focus did some of the 3D ?

[tara7] 04/7/2011 11:13

I think you will find the work is split up for speed/risk/price.

[tara7] 04/7/2011 11:01

Take a look at PFO India, jumped 20% on Fri, do some research.

No broker research on PFO London.

PE of under 2, little or no debt, £5M investment this year in london, profits growing at 25%-40%

[tara7] 04/7/2011 10:56

Yes, i am, from the ceo of prime focus out on Wed june 22nd, We delivered three big movies for the US market, Green Lantern, Transformers 3 and Harry potter 7B.

[wolterix] 04/7/2011 10:45

hmmm - sure it wasn't ILM?

[tara7] 04/7/2011 10:42

Transformer 3:

BLOCKBUSTER:

3D in boom mode, this film has paid for itself in just 5 days at the box office.!!

Prime focus did the 3D!!

[tara7] 04/7/2011 08:01

Now ask yourself what P/E would PFO trade on in NEY YORK, 12, 18,or 22>!!

NOT under TWO as PFO London is right now.!!!

[tara7] 04/7/2011 07:43

Now see this weeks blockbuster Transformers 3,the film has paid for itsself in under a week.

PRIME FOCUS did the 3D.!!!

[kiwi058] 04/7/2011 07:02

On Click yesterday - 3 minutes in

[divinausa1] 04/7/2011 03:27

Heard on the street: Prime focus soars on US listing buzz

[divinausa1] 03/7/2011 21:21

thanks Tara

at a PE of under 3 looks inviting

[ihuk dyor] 29/6/2011 11:48

IHUK results out today, NAV £3.38 ps. NTAV £3.03 ps. Cash £1.34 ps. Profit growth, board appointment and new HQ building with larger capacity bought in H2. DYOR.

[tara7] 29/6/2011 11:37

Divinausal,

Your best bet on how to value Prime Focus London is to spend some time reading this from the Prime Focus India investors web page.

Conference call dated 22/06/11.

You will see one broker in India has done his sums and puts a value on PFO UK at over $50M or £32M.

Soon Much more as the company is growing 40% P/A

PFO London is valued at just £7M today. !!!!

[tara7] 28/6/2011 15:53

London gets and does 35% of the groups work load so, t/o this year will be huge , double last years.

Note they are spending around £5M in London, cash that is comming out of profits they are making.

Order book for PFO L is 1/3rd of above [,rs350 core] for our tiny company.!!!

[divinausa1] 28/6/2011 00:08

Tara

the above does that refer to Prime Focus London plc
remind me are they 2 seperate companies?

[tara7] 27/6/2011 20:17

Talk about growth.!!!

Prime Focus plans units in New York, London
Published: Thursday, Jun 23, 2011, 3:02 IST
By Ashish K Tiwari | Place: Mumbai | Agency: DNA

Prime Focus, visual entertainment services firm, would spend $15-17 million as capital expenditure on its domestic and international operations in the current fiscal. The expansion will be funded through internal accruals.

Namit Malhotra, managing director, Prime Focus, said on an analyst call, "Three facilities are being built in New York, London and Mohali. So there will be fairly significant amount of capex for that."

The facility in New York will be a post-production set up while the London one would be a visual effects facility. These facilities will be operational within the next 3-4 months. In Mohali the company is looking to expand the existing unit.

Nishant Fadia, CFO, Prime Focus, told DNA Money, "The new Mohali facility will be for 2D to 3D conversions. While New York facility will not be very capital intensive, we envisage the London and Mohali facilities to take up a large part of the capital expenditure."

The Mohali unit currently employs 730 people and the number is expected to more than triple by the year end. "We will be hiring anywhere between 2,000 and 2,500 people for the new facility at Mohali," said Fadia.

On the back of Hollywood blockbusters like Star Wars: Episode I The Phantom Menace (yet to release in 3D) and the Warner Bros' Green Lantern, the company sees exponential growth in its 2D to 3D conversion business.

The management believes 3D conversion is the most exciting part of their business and is already contributing substantially to the company's topline.

"The 3D conversion business has been getting good traction from the international markets and has contributed $40 million to the company's topline last year. With a robust pipeline for the next 24-36 months, we see substantial improvement in the business," said Fadia.

The company currently has an order book of Rs350 crore, of which around Rs250-260 crore is for 2D to 3D conversion.
Prime Focus' 2D to 3D conversion process, View-D, is a proprietary system introduced in September 2009. The company has thus far worked on a host of international projects including Avatar, Clash of the Titans, Cats and Dogs, Chronicles of Narnia and Shrek.

[tara7] 21/6/2011 12:13

£18.5M T/O with £2.7M profit in the first half, so the full year should show £38M T/O and a profit of £5.6M not accounting for ANY growth.!!!

That is a give away in my view.

Low or no debt, on a pe of just over 1.3!!!

[tara7] 19/6/2011 17:39

Wimbledon to be shown in 3D.!!

[tara7] 15/6/2011 17:46

Company web page is full of news Re GROWTH.!!

[tara7] 09/6/2011 08:00

Mech Trader, some of us like to buy a stock at the right price, [after you shorted NTA it then rose 5 fold,] one may have thought you had learned something.!!!!!

[mechanical trader] 09/6/2011 01:00

And share price is Zooming down.

[tara7] 08/6/2011 08:40

PE of around 1.5 growing at 40% is the way to make big bucks.

In the months to come buying 1,000 shares will be a pain.

With profits in the 2nd half of say £3m, this stock will rocket.[in my view]

T/O is zooming up.