Responzetv Share Discussion Threads

[dubois] 13/9/2007 11:59

Dont think we will get it though. We willl have to wait unless there is something which will change the next expected results by a major amount.

[fur] 13/9/2007 10:00

Now we could do with some more press and PR. And a honest assessment of the expected position in H2

[fur] 11/9/2007 20:32

all I know is that we have some pretty heavy things reported, ie, loan note needs repying not converting, very good and encouraging results , a rights issue in s trange market, nearly but not rescue, and the volume of sales and buys has been negligible. That is good news for a share like ours

[dubois] 11/9/2007 16:58

Fur,

I think Strangeglow is just trying to wind people up. nobody is that dense to keep comparing these with the old pcm. I think he is just having a laugh with people

[fur] 11/9/2007 15:41

except this lot have got rising sales, and are at operating profit level. something pcm never achieved, and was run by brits who were more interested in paying the school fees.

[strangeglow] 11/9/2007 13:17

yep,with the same old story unfolding.over optimistic projections,financial shennanigans and a falling share price doesnt appear much different so far to me.

[dubois] 11/9/2007 12:20

Strangeglow,

You must get this PCM thing out of your head. PCM has gone its not here anymore its defunct gone ended etc etc. This is a totaly different ball game with totaly different people.

[strangeglow] 11/9/2007 11:10

I dont buy the notion that the share price should be 45p based on this,or what exactly?this is further dilution however you dress it up.

as for the raising of finance pcm too were very adept at this and I see no difference here.lock ins are immaterial as it appears the company has had no free cash until this placing.notice the get some change to play with after shelling out for the dkr debt,which tells me that they are once more simply robbing peter to pay paul.whats the residue for and if the business is generating as much cash as some here would have you believe then why the over the top plcing.1.5 mill required wasn't it?

for those who think I somehow am looking at this lot through the big end of the telescope I assure them my judgment is based on what I see and its not looking too clever again.

[gerri-c] 11/9/2007 10:26

Taking market climate into consideration, a fairly predictable outcome - dilution. Now for to whom and on what terms.

[dusseldorf] 11/9/2007 10:19

strangeglow - you seem to have the opposite of rose tinted glasses. RETV has sorted the DKR issue and issued shares at lets face it, not that much of a discount to current price - in fact, the market had already priced the placement at 30p prior to results. So with the immediate cash issue resolved and the warrants indicating further cash may be forthcoming from the Asians, I see little to be negative about. Don't forget the company has just raised a substantial amount of cash in market, which is very difficult to do unless the market has confidence...

[fur] 11/9/2007 10:14

As the strike price is 30p then the bods with larger foreheads than mine must think the share price should be around 45p, or to use your jargon the risk premium has been factored in when setting the price. It would be noce to know the lock in terms as there are quite a few shares held in lock ins until 2008 and 2009, but they also had get out clauses if new shares were issued. Lets hope those lock ins have remained, and that the current trading can also be revealed.

[dubois] 10/9/2007 15:31

I really dont think we have a problem, all will be divulged when they are ready.

[fur] 10/9/2007 15:07

and why doesn't Media Exposure add a little bit to its debt anyway? Or why don't they just have an open rights issue as I'd take some more at say 25p, particularly if they told me the monthly sales in July and August

[fur] 10/9/2007 15:03

been doing some reading up on DKR. They are big and I think they are in trouble not us. Sadly though if we haven't got the money to repay them then we are weaker, and the whole world is facing a crunch then we' re doomed, doomed.

[gerri-c] 10/9/2007 12:49

Outline of the funding & reorganisation:

[dusseldorf] 10/9/2007 12:40

The amount outstanding of £1.5m is small in comparison to current market cap £28m, I guess the difficulty is finding someone to buy-out DKR - though in exchange for £1.5m covertible in a potentially huge prospect I suspect there may be a few in the wings or invited for discussion.

[fur] 10/9/2007 12:36

Found it but doesn't shedmuch light, except I don't think they got all the warrants as they didn't participate in the other funding. and the selling has strted.

[fur] 10/9/2007 12:25

I'm trying to find the old rns about the loan and i preseume it was in pcm days, anyone shed any light?

[gerri-c] 10/9/2007 11:46

Even prior to 7th, it was of concern that RETV was not in a position to give substantive information on how repayment would be effected. The failure to do so suggests negotiations are undertaken from a relatively weak position.

[dubois] 10/9/2007 11:32

I cant remember but was this deal set up before the harringtons appeared on the scene.
I dont believe that with their track record the Harringtons can't obtain this sort of money from many sources. What they have done in a short space of time bodes well for what they can achieve in the future. Any backers would be backing them remember.

Only downside is that would have seen this coming and I would have thought that they would have put something in place by now.

[fur] 10/9/2007 11:23

As I said earlier, more like Oasis has bumped inot the credit crunch and wants its money back in a liquid form, an for some reason will not convert (though I would have thought it was a two put, ie we can force shares on them or they can demand) and sell in open market. From our point of view it is obviously going to be difficut for RETV to raise money with their history and the same credit crunch going on. with the pretty encouraging set of results I would have hoped they would find it easier than before but I think I am less hopeful than before.

[dubois] 10/9/2007 10:57

Dont see a problem myself.

Company going forward in a masive way
Oasis have asked for their money. Nothing wrong in that, they have asked as per their agreement.
RETV dont currently have the money to pay them, nothing wrong in that, a lot of companies find themselves in that position.
Oasis will not force the issue in case they get nothing and they will be fully aware of how well the company is doing. They will just renegatiate a better deal for themselves. wont be good for us but long term its fine.

All is well i think

[gerri-c] 10/9/2007 09:55

OK, so Oasis DKR has sought repayment of the Loan Note.

"...The Company is currently in discussion with
Oasis on a number of related matters and, as and when appropriate, the Company
will update shareholders on developments."

What sort of information does that give us? More scope for speculation?