Spg Media Share Discussion Threads

[qut] 26/3/2004 21:29

mcjj - yes they do have to make a bid but I'm not sure if 29.4% is sufficient or if it's 30% which is the necessary figure. Does anybody know?

[mcjj] 26/3/2004 13:19

now that utilico have bought these 875000 shares, they seem to hold 29.4% of the shares in issue. does this mean they have to make a bid by law?

[kitkat] 24/3/2004 22:29

looking good

[wole] 23/3/2004 16:37

I think the T trader approves.

[wole] 23/3/2004 15:42

RNS Number:8453W
SPG Media Group Plc
23 March 2004

PRECLOSE & MANAGEMENT CHANGE ANNOUNCEMENTS

TUESDAY 23RD MARCH 2004

SPG Media Group PLC confirms its trading performance for the year ending 31stMarch
2004 is expected to be broadly in line with market expectations before
exceptional items associated with the re-structure of the company.

Executive chairman, Steven Nicholson, confirms that based on the early trading
patterns of 2004 thereare encouraging signs that market confidence is returning
and the Board remains confident that the business will be operating
profitability in 2004/5.

SPG also announces that chief executive, Simone Kesseler, is to step down from
the board from Wednesday 24th March 2004. Ms Kesseler has played a significant
role in steering the Group through recent difficult market conditions and the
Board thanks her for her contribution over the years.

Mr. Steven Nicholson, will take over the responsibilities of chief executive
with immediate effect.

For further information contact:

Mr. Steven Nicholson Tel: [phone]
Chairman Email: [e-mail]
SPG Media Group PLC.
Brunel House
55 North Wharf Road
London W2 1LA

[diku] 11/3/2004 17:46

Still no RNS news on those big trades from last week...beginning to think if it is warranted or not...

[diku] 09/3/2004 15:48

More buyers coming in today...this has got to move soon...

[dberman] 06/3/2004 19:41

The spike in Feb was caused by ADVFN software not getting to grips with the name change. The price stayed at around 13.5 and didn't blip to 20.
hope this saves you some time.
Also, about 3 months ago there was a very insightful message from what seemed to be an SPM insider, shame it was removbed before I could copy it.
It was a little critical of SPM operations and spelt out customers perceptions of the company.

good luck all.
db

[baughfell] 05/3/2004 22:23

Hi guys,

Just stumbled across your thread. I know absolutely nothing about SPM but it definately looks like something is happening based on the rise over the past few days, directors buys and general volume of buys.

I'll research tomorrow, but I'm intrigued to know what caused the spike in early Feb?

Cheers

B

[diku] 05/3/2004 10:36

Come on where is everybody??? need to get this moving...still no RNS news...

[diku] 04/3/2004 18:53

More big trades today...there must be some sort of RNS news soon...

[diku] 04/3/2004 11:45

Buyers coming back...

[diku] 03/3/2004 18:35

jwcs

Many thanks for starting a new thread on SPM...it was about time...it can now attract more posters from those who were at SPB & hopefully new posters...
it needs more publicity...it is supposed to be a media company!!!

Yes, last three days of higher than normal volume...infact nearly 6.7M shares changed hands... looks like the overhang is about to be cleared...but I am a bit surprised today the price wasn't marked up despite the directors buying...maybe it has been overlooked...late reaction!!!

With the name change I think they are moving away from the publishing side of the business & into more creativity side of business (Conference & Exhibition).

[mcjj] 03/3/2004 15:31

directors seem to have some serious confidence in this stock.buying and holding large amounts. good luck . dyor

[jwcs] 03/3/2004 12:35

I don't know what, if anything, is happening either Diku. However, some largish trades going through after a long period of inactivity plus a couple of director buys. Possibly a hostile slowly building and directors want to make it more expensive. More likely, a half decent set of results not far away.

I bought a ton of these on the way down and continue to believe they are worth holding - not because I believe upside will be spectacular (25-30p at best) but rather, downside is limited and recovery overdue for this year. (FYI my average just under 15p)

[diku] 02/3/2004 17:28

Hyper Al
I have no idea how to create a new thread, just know how to post on the thread...Every time I come on this thread & see Sodra Petroleum at the header,I think I am on the wrong thread so for anyone out there in the know how please,please remove the Sodra Petroleum as the header & put SPG Media or start a new thread with the correct header...

Kitkat
I take it you are still here with SPM previously known as SPB...
Last two days big sizes transactions have gone through...either overhang clearing out or new investors coming in...will have to watch RNS news...

Having changed their name from SPB Publishing to SPB Media, I think they are gradually going more towards the Conference & Exibition side of media with the likes of Mice Group, ITE, Tarsus...There is not much money in the publishing/printing side of the business, margins are squeezed etc,etc...more money on the creativity side of the business...thus the name change & higher rating...
What is your take on this...

[kitkat] 02/3/2004 15:35

one of my biggest holdings
waiting for a break to 25p plus

[hyper al] 02/3/2004 11:02

diku

This was the correct thread header and Epic for ex Sodra Petroleum.

It appears spg media have taken this epic.

Who are spg media, do they have a website.

You could always start a new thread for them and supply some details about the company.

Regards

Hyper Al

[diku] 01/3/2004 23:45

What is going at SPM, previously known as SPB...though this is the wrong thread
header...

[master rsi] 09/10/2001 15:25

I just received notification of a cheque for the offer by Talisman Energy of SEK 36.5 for each Lundin Oil, after being converted from Sodra Pet on the basis of 1 Lundin for every 16 shares on Sodra.

I am also entitled to the same amount of shares on Lundin Petroleum, assets on Sudan and Russia, not included on the take over by Talisman Energy.

Has anybody know if Lundin Oil is trading and at what price? some time back someone at Winterflood toldme it could be around the 20p .

[carson1] 07/6/2001 18:45

all I can say is that the sun doesn't shine on hay that is wet

[hyper al] 08/5/2001 11:57

Can anyone comment about this one?

[hyper al] 07/5/2001 19:53

At current Lundin price these should be worth 14.5p each not current price of 10p, or have I done my maths wrong?

I have just read the newsitem about conversion, could someone explain what it all means?

[hyper al] 07/5/2001 19:36

This is the first post for this company on this BB

Can anyone comment about this company? They came onto AIM during the Falklands Oil exploration about 3 years back (my wors loss ever). I believe at the time they are convertible shares (1 Lundin for 12 Sodra) into Lundin Oil. I think conversion is end of May. Does anyone have any info about this one? If they convert are they good value I think Lundin is worth 16x Sodra when I last looked, could be a lot higher now.

ps Don't tell to many people if this is true, I will want to buy before they rise.