Spaceandpeople Share Discussion Threads

[betie] 19/12/2008 19:31

Oh dear Oh dear Oh dear !!!!!!!!!!!!!

[2manxman] 14/12/2008 12:56

There seems to be very little information about this company, do they have any other quoted competitors? There expansion into germany might be ill timed on the basis they too are now going into recession, have they got enough cash?

[putznik] 08/12/2008 12:01

They seem to be in an acquisitive mood as (apparently) they just acquired brandspace

[2manxman] 08/12/2008 09:38

Not heard anything on this, who are promotionspace? anybody know when the next trading statement is?

[putznik] 28/11/2008 10:14

nearly at the original issue value, come on, you can do it, another 5p drop and we are back where we started, maybe promotionspace should make an offer for this dog.

[putznik] 21/11/2008 15:38

oh no down 5p we're all poor

[putznik] 10/10/2008 14:14

weh hey up 5p we're all rich

[betie] 05/10/2008 20:41

Oh dear this is very bad, very bad

[putznik] 03/10/2008 15:07

It doesn't get any better does it

Down to 70p with no sales showing. is this the all time garbage share ?

[betie] 24/9/2008 07:02

Oh dear Oh dear Oh dear

[betie] 03/9/2008 20:50

Well Yes I rather Agree

[putznik] 03/9/2008 15:10

someone sells a 1000 and the price drops 5%
This really is a rubbish share.

[betie] 13/6/2008 17:50

IT's to large

[mqhopewell] 08/6/2008 00:53

The share price has been a bit shaky despite the positive news from their website:

"Highlights:

Billings up 23% to £5,251,000 (£4,261,000)
Turnover up by 5% to £954,329 (£905,606)
Pre tax profits up 70% to £241,643 (£142,228)
European expansion plans progressing well
"

My thought that with a large spread is that they would be confident of their business. What are your thoughts with regards to the large spread?

[mqhopewell] 04/6/2008 16:08

Does anyone know why the spread is so large?

[micki3] 11/1/2008 08:36

what's the issue of equity business then?

[mqhopewell] 10/1/2008 22:37

Hi there. Just a newbie here. I bought in at 90p and am positive their Europe expansion will do well in the long term, but I have not heard much news recently. Any views about this quarter would be appreciated. Cheers.

[blindfaith2] 10/1/2008 12:19

Glad I took profits when I did, the problem here seems to be that one small sell and it gets marked down by 5 – 10% and as it's only traded by a few it keeps on getting kicked.

Still a sound business model but a very dangerous play with such small volumes going through.

[micki3] 17/12/2007 08:29

oh dear, what's happened in the last few days?

[oneforthedoctor] 23/8/2007 12:22

The Scotsman 10 Aug 2007

German deal 'could double profits' for promotion firm SpaceandPeople
Hamish Rutherford City Correspondent

SPACEANDPEOPLE, the Glasgow-based promotional-space management firm, has signed a major contract for shopping centres in Germany, which the chief executive says could quickly double the group's profitability.

The five-year deal is with Hamburg-based ECE Projektmanagement to manage the space in its retail portfolio.

Initially the deal covers 55 city-centre shopping centres, increasing to 67 in 2009, with an average footfall of 13 million people a week.

SpaceandPeople sells promotional space in shopping centres on behalf of the owners.

The German deal is the largest single agreement the company has with a property developer, and will increase the total number of venues available to the group by 40 per cent to 239.

It is also SpaceandPeople's first agreement for a shopping centre group outside the UK.

Joint chief executive Matthew Bending said the deal "could easily double the profitability of SpaceandPeople in a short space of time".

Pre-tax profits at the AIM-listed company were GBP 455,000 in 2006 on sales of GBP 1.93 million, which brokers JM Finn forecast to increase to GBP 1.95m in 2009 on sales of GBP 4.4m.

Germany is the largest media market in Europe, and while the contract means the company cannot seek other shopping centre contracts there, it remains free to seek contracts in other market sectors, such as cinema advertising, in Germany.

SpaceandPeople will recruit 15 staff, mainly in sales, for a new wholly owned subsidiary to be based in Hamburg.

Bending, who with just under 18 per cent of SpaceandPeople is its largest shareholder, said the company was also in advanced negotiations with property developers in France, and believed it was close to a deal that would cover 70 centres across the country.

A small team of Glasgow-based French workers is already selling into the centres and a formal contract is expected soon.

A former marketing manager at Standard Life Investments, Bending said the company was in negotiations to license the company's concept to others in Japan and China, but would be focusing on the UK, Germany and France for at least the next 18 months.

Bending said the company provided advertisers with a captive market and the business model should be exportable to almost anywhere in the world.

"We believe advertisers want to engage with consumers when consumers are in control, when they've got time on their hands and are amenable to the message being presented, and that's what they get from shopping centres."

In a note to investors, analyst Duncan Hall agreed that the deal had the potential to double the size of the business and give it a market-leading position in the fast growing market of European "experiential marketing".

SpaceandPeople floated on AIM at the end of 2004 at 54p. Since April the company's shares have more than doubled in value, from 85p to 205p yesterday, valuing the company at GBP 23.4m.

[blindfaith2] 22/6/2007 15:28

Taken from Chairman's Statement

"As I reported last year, we won the account of Hammerson France and have since then increased our French team in Glasgow to seven. This is in anticipation of extending our client base in France, negotiations for which are in an advanced stage. Over this period, discussions have also been taking place in Germany which we again hope to conclude shortly. Announcements will be made to Shareholders when contracts have been signed."

Looks like they have been signed !