Screen Fx Share Discussion Threads

[cyclingnut] 12/10/2007 14:11

pre, the announcement below is from 14/08/07, sounds quite positive to me....does it not?


LONDON (Thomson Financial) - Screen FX PLC said it will not continue talks
with a major advertising company to sell its retail malls business due to
interest in its national advertising sales agreement tender and the recent
progress of a new sales model.
Instead, the digital advertising company plans to increase the number of its
malls to more than 60 by the end of 2008, giving advertisers access to about 1
bln people a year.
To cover these operating expenses, Screen FX is seeking further debt or
equity funding of at least 2.5 mln stg.
In May, Screen FX sought to sell its retail malls business unit saying it
did not have sufficient resources or expertise to maximise advertising revenues
from it.
Executive chairman Mike Cottman said at the time the proceeds would be used
to develop other digital screen-based advertising sectors, and had termed the
signing of a non-binding indication of interest as a significant milestone.
In today's statement, Cottman said: "The delivery of top-line sales revenue,
combined with the significantly reduced overheads should deliver a strong and
valuable mall business in the future."
The funds now sought by Screen FX will also be used to implement changes to
the business model, which the company expects will bring it to operating profits
by the end of 2008.
Screen FX said it has already secured indications of support from existing
institutional shareholders for 1.25 mln stg towards the total needed.
The company will underwrite the initial operating expenses of 125,000 stg in
the early stages of the fund-raising by way of secured loans, which will be
converted into equity along with other loans.
[e-mail]

[pre] 12/10/2007 14:10

seems plausible cyclingnut....all will be revealed. Personally i reckon share price should be atleast 0.50p, but each to their own:-)

[cyclingnut] 12/10/2007 14:07

pre,

I noticed they discontinued talks with the media company over there mall biz as they have reorganised sales staff and tendered for a few more mall contracts.

If they turned down the media company, one could assume they are confident of winning the tender?

could be wrong but stands to reason.

[cyclingnut] 12/10/2007 14:05

bronking,

589 quid before dealing costs why?

net 27% or so

[pre] 12/10/2007 13:53

some good news afoot by the looks of things....did say that those who sold out over the past weeks would be paying alot more to get back in...

[bronking] 12/10/2007 13:49

sorry to join in (i don't hold)

cn,

as a matter of interest you bought today i believe and the price has risen 37%,
if you sold now (try a dummy sell) how much profit %wise are you up ?

just asking to save you going overboard

[cyclingnut] 12/10/2007 13:38

see ya gravy.........


They forecast to be making profit by the end of next year!!

Institutional support remains!

But as I am now filtered by you I guess I will not be expecting a response from you.

[gravy_1] 12/10/2007 13:30

I recommend the following.

cyclingnut - 12 Oct'07 - 13:23 - 1225 of 1225 (Filtered)

Like many posters on here you are wasting your time asking for plausible
reasons, it's quite clear that Sfx is vastly overvalued, the market cap
is too high, the operating losses are too high, they burn through so much
cash, there is 2.5 billion shares in issue which will probably just keep
getting bigger when they need to raise the money, just remember that profits
if any are years away and even then you have divide it into billions of shares.

The rampers cannot bring themselves to say the truth as normal.

[cyclingnut] 12/10/2007 13:23

gravy,

get a grip man!! I was asking about SFX last night on the ASG thread (go check it out for yourself!!) as in my book they are very similar companies!!

How is that ramping? Anyone I will not be drawn into your inane arguings!!

DO YOU OR DO YOU NOT OWN SHARES IN sfx?

[gravy_1] 12/10/2007 12:58

Just read the ASG thread and i see you are ramping Sfx in a big way without
mentioning any real facts at all.

[gravy_1] 12/10/2007 12:56

cyclingnut.

Jeez you just have not got a clue have you !

[mistyblue2] 12/10/2007 12:50

to many shares will give a miss

[cyclingnut] 12/10/2007 12:50

chris,

fair enuff, it is suicide to just "jump in and follow the crowd" without knowing why you are buying.

I bought because I also hold ASG........I see them as similar entities both rebounding from recent lows, in a sector with massive potential.

If you are not comfortable, stay out but posting "this stop sucks" for no reason is a little inane...........wouldn't you say?

[cyclingnut] 12/10/2007 12:48

gravy,

Do you own or not?

They forecasted operational profits by the end of 2008......they have institutional support.......they must believe in SFX as do I.

[chrisc168] 12/10/2007 12:46

This stock sucks. Someone is ramping it. No way, not getting burned.

[cyclingnut] 12/10/2007 12:46

monis,


Not being funny but ring the company yourself, they are obliged to speak with shareholders and potential shareholders alike.........why not get it from the horses mouth?

[gravy_1] 12/10/2007 12:46

cyclingnut.

But the problem is it's not nearly enough money to last them even a year !

Go and look at some real figures.

[monis] 12/10/2007 12:44

can someone please answer my earlier questions!!!!!!!

[cyclingnut] 12/10/2007 12:43

welshbob,


here it is...i AM NOT BEING UBER POSITIVE just providing info from the rns data...

"LONDON (Thomson Financial) - Screen FX PLC said it will not continue talks
with a major advertising company to sell its retail malls business due to
interest in its national advertising sales agreement tender and the recent
progress of a new sales model."

[cyclingnut] 12/10/2007 12:39

welsh, I am taking info from the regulatory news service.

Gravy, you have the most cheek on the planet..

"dont hold"....usually means they hold plenty and want to
push it because they want out !"


I find it cheekier for someone like you to slam a share non stop, a company that has forecasted to make operating profit in 12 months time!!! a company that still has institutional support..........

I find it audacious that you slam this company and will not disclose whether you hold or not!!

Boils down to two logical conclusions to me...both of which do you now favours...

1)You hold shares in a company that you continually diss....if you own shares, sell em and move on instead of trying to spin your drivel on here.

2)You dont hold but have nothing better to do than slam companies in which you hold no stock!!

can you enlighten us gravy?

[gravy_1] 12/10/2007 12:39

I dont think he's capable of a reasonable answer, actually all the rampers
know fine well that this company is currently no way what you would call
a cheap play.

Still waiting for any one of them to post some fundamentals to back up
their claims ?

[welshbob] 12/10/2007 12:33

I thought I read they couldn't get a decent price for the Mall business which is why discussion re sale/joint venture was terminated

[cyclingnut] 12/10/2007 12:24

Guys,

Just been scouring previous rns's from SFX, the below seem quite positive to me coupled with the fact that they walked away from a major advertising company who was interested in there mall advertising side of the biz.......they turned em down coz of what and why.........have a read........could we be expecting an announcement about more contract wins in the mall sector?







"Screen FX said it is seeking further debt or equity funding of at least 2.5
mln stg to cover operating expenses and implement changes to its business model
that it expects will bring the group to operating profits by the end of 2008."


"Screen FX said today it still enjoys the support of institutional
shareholders, subject to the company being able to fulfil its funding
requirements."