Round Hill Music Royalty Share Discussion Threads

[the_beagle] 17/6/2011 13:42

THe vendors have been given shares at a price of 80p. Very strange timing don't you think? On the RNS I thought they had deliberately got the share price down in order to get more shares for the money, but not the case.

[the_beagle] 17/6/2011 08:15

I missed that sell, which is being reported as being on the 14th.

It leaves a hell of a lot of shares to clear though. Hopefully they will get placed somewhere.

[double6] 16/6/2011 17:51

There we go - 1mln @ 31p.

Onward and upward!

[double6] 16/6/2011 15:05

Broker suggesting that the sell is just about to be fed through.

[mcamikeb] 16/6/2011 11:50

From David Blackwell at the Financial Times


RedHot Media International, a Malaysian media broker, joined Aim via an introduction at 82p a share in September 2008. Cheong Chia Chieh, its founder and managing director, was in the City this week to present a strong set of results, with pre-tax profits doubling to £1.8m on the back of a 69 per cent increase in revenues to £8.9m. He was hoping to find investors eager to take advantage of the company's growing business in China.

The company is also in the process of making an acquisition that will give it access to the Malaysian stock exchange if it cannot raise funds on Aim. That may prove to be the case, as RedHot shares are so illiquid that the buying and selling of a few thousand on Tuesday knocked the price down from 65p to 39p.

[the_beagle] 15/6/2011 14:19

150,000 buys and no movement. There is a big seller here for sure, but once he goes there will be a good rise I think.

[the_beagle] 15/6/2011 08:18

50,000 buys in 15 minutes and no change. I wonder how many Wints have got to sell?

[windass] 14/6/2011 17:28

From UK-Analyst market report

Shares in RedHot Media International (RHM) plunged by 37.6% to 39p despite only 8,814 shares being traded. Yesterday the Malaysia based media broker reported that pre-tax profits rose by 95% to 9.2 million Malaysian ringgit (1.85 million pounds) in the year to 31st December 2010 as demand for its services boomed in the key markets of Malaysia and China. Broker Daniel Stewart has a 103p target price for the shares, which implies 164% upside from here. UK-Analyst believes that this is an excellent buying opportunity.

[double6] 14/6/2011 17:02

MCA Mike .....

...Can you pop charts into the lead post ?

[the_beagle] 14/6/2011 16:58

According to Tom Bulford in the header of 19th May, Mr Chieh, the top man, is coming to London to bang the drum at the end of this month. I would expect a rise in anticipation.

[mcamikeb] 14/6/2011 16:39

This stock needs liquidity, so perhaps the management don't care if the price is at 60p or 40p - it is surely one of the best performing set of results in the media sector on AIM this month. Hopefully the broker is doing some investor introductions, as it is a cheap investment at this price.

[the_beagle] 14/6/2011 15:55

Just bought 5000 for a punt. Shows as a sell. Agree (distressed?) seller may still be in the wings, but 39p looks a steel imo.

[double6] 14/6/2011 15:46

Guess theres a dalayed large sell yet to show.

No brainer IMHo for a quick doubling of your money!

[windass] 14/6/2011 15:28

Shares down 38% today on minor volumes. Profits in 2010 up 95% and excellent growth opportunities. PE of 6. Excellent buying opportunity IMHO. Daniel Stewart has a 103p price target which implies 167% upside from here.

[ameer] 14/6/2011 13:36

Halifax Share dealing doesn't recognise them and can't put them on a SIPP account?? How do people deal in these?

[double6] 14/6/2011 12:50

Cracking results - fallen back with poor liquidity of stock.

Any buying this afternoon should see the RED turn to BLUE IMHO.

[mcamikeb] 13/6/2011 10:02

Full Year Results look excellent -

Showing Revenue up 69% and PBT up 103%.

I believe the CEO is in town meeting investors this week.

With the share price lower in recent weeks, a sure fire BUY.

Research from Daniel Stewart below with a 103p price target:


FY`10 PBT +95%YoY

EBIT doubled on regional growth in Malaysia, China and Hong Kong
Investment Case
• FY`10 revenue grew 69%YoY to RM44.3m (£8.9m); EBIT doubled to RM9.6m (21.7% margin); PBT doubled to RM9.2m (£1.83m), compared to DSCE of RM10.6m.
• RHM reported 75%YoY growth in its core Advertising & Media operation, in Malaysia (+96%), China and Hong Kong (+70%).
• RHM focused on cashflow and organic growth against a background of turbulence; growth in Asia and economic upheaval elsewhere.
• Our DCF-based target value remains 103p/share. FY`11(E) EPS is adjusted for tax.

[mcamikeb] 24/5/2011 10:34

This company is Malaysian, not Chinese. Totally different ball game.

I agree with your view of Chinese companies - I have lost money in a few over the past five years. However, I've also made money with CSF Group last year, another Malaysian company and one that first drew my attention to this rapidly developing country.

It has a strong GDP, better than most of Europe and the US, disposable income is growing, so demand for electrical items and white goods is flying as they strive to catch up with the West.

If RHM does half of what is say it can, then the share price should be on its way up. Results due in the next few weeks would be my guess, so we should have confirmation of growth then.

[divinausa1] 23/5/2011 22:51

why should he be suprized by the lack of interest, chinese plays on the AIM have been dire! and have the habit of being delisted, wuldnt touch it with a barge pole

[mcamikeb] 12/5/2011 13:38

Apart from low liquidity issues, this stock looks set to rise....

Red Hot operates in Malaysia and China, where advertising / marketing spending is still high and GDP growth is strong (conservative 2010-12 between 6 - 8.4%).

1. The business plan looks compelling – provides traditional advertising services for many of the Blue Chips in the region (Porsche, Singer, BenQ, LG, Hyundai), plus it has added a unique reseller / distribution network, to augment advertising revenue with product sales revenue, ie; it sells those products it advertises (does anyone do this over here?). It focuses on electricals, white goods and financial services.

2. Currently looks cheap (against Asian peer group which carries higher valuations than the UK due to continued strong growth of economy and rise of new "consumer class") and PE is falling to 11x in 2011 (from 15.5x). Strong RNS last week saw it renew multiple advertising budgets with Porsche, Singer and others.

3. Importantly, it is adding a new interactive social media arm this year, to support its outside advertising division, which could add substantially to the bottom line, due to high acceptance of mobile social media in home markets.

4. Allenby Capital & Daniel Stewart are the brokers with a 103p price target (currently at 72.5p). Expect 2010 final results at the end of May and should be on forecast, as follows (approx RM5 to £1):


2009A 2010E 2011E
Sales (RM) 26.2 36.0 50.4
PBT (RM) 4.7 10.6 15.7
EPS (p) 2.5 5.2 7.2
P/E 32.4x 15.5x 11x

If you can find any stock, definitely worth a punt (IMHO).

[davron8] 21/1/2007 20:07

Today the Mail on Sunday has recommended Premier Foods as a buy at 312 1/2p and say's the share has plenty of potential. Might give us a further lift tomorrow.

[spob] 22/12/2006 07:20

Premier Foods

'As indicated at the time of the interims, we have continued to see cost
pressures over the second half of the year, which we do not expect to be fully
offset until the early part of 2007. These pressures coupled with the effect on
volumes of the exceptional period of warm weather which has continued into
December means that we anticipate that trading for the year will be at the lower
end of our expectations while still delivering like-for-like trading and branded
sales growth.'

[phil2003] 20/12/2006 12:08

thanks for correcting me adriand, I'm all out today.