Spg Media Share Discussion Threads

[gucci] 18/2/2007 23:34

zzzzzzzzzzzz..........

[grosvenor] 15/2/2007 13:53

few more trades now - but sells

[grosvenor] 15/2/2007 11:49

Just checked the trades - very few over the last 10 days and a 40k today??

[grosvenor] 15/2/2007 09:51

This share has just come alive - but no news posted - any ideas anyone?

[shuisky] 16/12/2006 09:50

The 'who' could be a rival company who just want to take a curious peek at their books. Either that who someone fishing around to see if they could salvage something on the ridiculously cheap from a business in decline.

On current trends SM is loss making, losing cash, has a 5 year decline in tangible assets,and similarly a horrible decline in turnover.

If the 'titles' had an value than SPM would be extracted it from them. Similarly, the interims were promising a lot of q4 'catch up' in events. Events revenue was down.




Crumby outfits attract crumby prices.

[shuisky] 15/12/2006 07:49

RNS statement today stating that offer talks have ceased.

Frankly, this is hardly surprising. Who, in their right mind, would want to buy this crumby outfit?

[spiritbear] 08/12/2006 10:39

The small investors selling, the larger investors holding/buying...smart!

[spiritbear] 05/12/2006 17:39

I would have thought it was worth hanging on to with the possible offer in the foreseeable future.

[spiritbear] 29/11/2006 12:06

Must be very close to an offer/acceptance being made....can't see SPG turning down a half way decent offer. Too much time being taken for anything else to be seriously considered.

Possibly time to buy.

[spiritbear] 20/11/2006 12:38

So many takeovers to watch: LSE, CORUS, ITV (with no boss), West Ham and SPG. Lots of cash floating around these days, more takeovers to come.

[gucci] 16/11/2006 08:09

last one at 11p
mm playing games with a wide spread

[spiritbear] 16/11/2006 07:43

I guess £250,000 is such a small amount, that even if the offer is not accepted, it's still worth the risk for the suitor. At least it would get investors speculating and other competitors to have another look at SPG as a possible takeover target. Nothing better than the feeling of loosing out, as a motivator! All very interesting.

I think this am will still see a lot of share price activity, then afternoon share price begin to settle. I guess that means invest first thing am and wait and see. Good luck!

[gagarin] 15/11/2006 23:35

Spiritbear - youre right its a snakepit, but if you hold then you too have seen the value of your investment go up 30 - 40%, and lets face it this shares been a dog so I'm not complaining on this rise.
What stinks is DOWNWARD manipulation: small sells to suppress the price, negative attacks on bb's to suppress the price etc. etc. in order to maximise profit when the good news is made public.I dont think there is an even playing field.
There was a brief period at the end of the last century when it evened up - the city was shouting to the roof tops about the power of the internet without realising its impact on their own line of business and briefly pi's were able to access information and trade on the internet in a way that had previously been the preserve of financial institutions: this particularly impacted on momentum investing.For the first time the city was chasing the game, and we had the tech boom with ludicrous overvaluations,pi's sitting on huge gains which they then lost if they were too greedy and believed their own hype when the fight back started, and failed to sell in time.The rest, as they say is history - the city has now learnt to use boards like this to manipulate sentiment, and a market maker with a strategy is always going to be ahead of you and me because they have the power, and better information systems, to move the share price.
In the case of this share I think inod is right - ultimately its too small to really matter and the turnover has not been large enough to suggest anything really dark.Personally I'm just hoping this leads to a decent offer and I can move on.
In this particular case if you were the suitor company you would I assume look to buy as many shares as you could, at the lowest possible price, without declaring your hand : I certainly would, in order to offset dead management time in the event of a failed bid.

[qut] 15/11/2006 23:02

Good posts gucci!! Howdo you see this going tomorrow?

[gucci] 15/11/2006 22:44

nice to see it rise

[spiritbear] 15/11/2006 18:10

No, I didn't know that. But I am surprised that it can be called 'open market' when so few are privy to information of a future takeover. If it were the result of 'general knowledge' as a result of a press release, then that would be an equal playing field.

Otherwise, the few privileged make 30-40% profit within a week.

I assume therefore that if it's the suitor buying then it's not 'insider dealing' but if the suiter had told Joe Blogs, and then Joe Blogs acted upon the info, then that is 'insider dealing'?

Is this rule just for the AIM market? I assume it's for all the markets.

I think the sector is a bit weak and being an AIM mkt I think it's quiet risky to jump on board now but will watch with interest tomorrow and see where the share price settles at in the afternoon.

[inod] 15/11/2006 17:43

spiritbear - you do know that any potential suitor can purchase shares in the open market without telling anyone, provided that their percentage holding does not exceed 3% - as the company does not have to be informed.

It would be quite rational to purchase shares in a company you were about to make an offer for?

The 3% level, assuming the current market cap, would imply that they could invest up to £250,000 in the company's shares and still be within the AIM rules regarding notification.

[spiritbear] 15/11/2006 16:42

Well, the lastest news release suggests that who ever bought the shares had insider knowledge that there could be a takeover. This would seem to be the answer. It couldn't be because of any future finacial statement.

Before the 8th Nov the share price I would say was fairly priced, with no buys. But someone knew thus the massive buys from 13th Nov onwards. I would say the Financial Authority would be very interested in who have been buying before press releases!

[gucci] 15/11/2006 15:00

looks interesting

[spiritbear] 15/11/2006 14:03

Now that is interesting! I can't imagine the Print section being any better than it was last year and although Events is doing well, as it increases it's number of event products, it also increase it's costs. So the profitability actually goes down and therefore the share price as well.

[spiritbear] 03/11/2006 10:02

I think since selling his spg shares at a loss, he only checks this board once a year for a giggle!

[qut] 16/10/2006 22:17

where's chocolate chip?

[spiritbear] 19/9/2006 18:10

DavidB - You seem to have changed your tune...we did try to tell you! Do you still feel this could be a take over target?

Both Steve and the new CEO own a vast amount of shares as they tried to prevent a take over, but with Steve now gone, I'm not sure what happens to his share of the pie.

Do you think Steve N. will use his share plus the investors that he brought in for a take over? Will he have the Will power to walk away? It's time for a new twist!