Sport Media Share Discussion Threads

[knowing] 12/8/2010 10:05

Blimey somethings BLUE. Some nice buys coming in on both LSE and PLUS

[k_j] 12/8/2010 08:59

SWIP no longer have a notifiable holding, they are now under 3%. Probably just need to clear up any leftovers and we could be off to the races.

Best of luck

K

[watchout2] 11/8/2010 15:05

ha ha wondered what took them so long to all go 1-2p, they've been
determined all year not to let this go so they are certainly not
going down with a fight with more games on L2 on no trade, wins move
up so Scap moves down leaving all 3 mm's 1-2p

Online it's 1.1-1.65p

[pedro57] 11/8/2010 12:50

Once the overhang clears the share price will be rebased at a more realistic level. It has not taken as long as I thought to get what was a significant overhang to be reduced. With SPMG showing up as top 3 performer in UK markets yesterday and today it will have generated much more interest than before. The key will be results in end September, we have had positive announcements for one year now on prospects for the Daily Sport, renegotiation of loans, etc. without any reflection in the share price. Once there is prospect of earnings recovery we will have instutions buying back in as current share price outperformance is driven by small-time investors.

[watchout2] 11/8/2010 12:41

Upto 1.5-2.25p high then today, shows what will happen when the
seller is completely out, still not a good time to sell like somebody
has just done as they wont get a fair price.

Lloyds stock on offer again, 1.65p to buy online currently.

11/08/2010 12:33:55 1.65 50,000 O 825.00
11/08/2010 11:34:21 1.70 146,323 O 2,487.49
11/08/2010 10:30:17 1.70 50,000 O 850.00
11/08/2010 10:25:03 1.70 5,267 O 89.54
11/08/2010 09:58:22 1.75 101,634 O 1,778.60
11/08/2010 09:50:43 1.35 250,000 O 3,375.00
11/08/2010 08:22:57 1.70 68,861 O 1,170.64
11/08/2010 08:15:26 1.50 150,000 O 2,250.00

[knowing] 11/8/2010 12:15

Someone looks to be buying big here.

[watchout2] 11/8/2010 10:29

Definately the last of Lloyds stock being sold today.

Can buy 375k online at 1.7p.

I'm off out for a few hours, hope this volume continues to whittle
away this deminishing overhang.

[watchout2] 11/8/2010 10:17

Well i reckon that 4.34 mil remaining shares is being sold on right now
because people are buying at around 1.7-1.75p and if the mm's had no stock
they would be moving up.

Not the high volumes of yesterday but there is the odd nibble going through
and 4 mil will quickly become 3 mil then 2 then all the punters will be trying to get a piece of the action.

Waited a long time for this to happen.

[k_j] 11/8/2010 10:13

Hi Watchout2,

The holdings RNS's are indeed rather confusing, but in this instance you can safely assume that Scottish Widows are managing the whole holding, Direct means that they are held in OEIC's or otherwise retail funds and Indirect means that they are deemed to be group holdings ie Clerical medical with profits or other such entities.

The last RNS shows us at 6,233,220 which was from a sale of 800/- registered on the 9th, this can however be a couple of days after the actual trade date as it takes a while for the trade reports to filter through to the compliance team, who would then issue a holdings RNS.

I hope this helps

Best of luck

K

ps. Nice to see the recent tick up I must say.

[knowing] 11/8/2010 09:09

Down to 100K on the buy side now at 1.9

[watchout2] 11/8/2010 08:54

1.35-1.72p.

Highest bid for a month, i'm sure Lloyds will be selling that other
4.3 million but it's not a lot stock to clear when it's under 2p to buy.

Can sell 375k, buy 100k, one mm might have the Lloyds order but the other
2 mm's are very short of stock.

[knowing] 11/8/2010 08:20

Max Buy 150K!! Thats a massive change.

[watchout2] 11/8/2010 08:17

Playing some right games in this on L2.

100K buy and Scap drop to the offer then wins move back upto
1.25p bid after opening lower.

Cant buy online, thats a good sign !

edit 25k max

[knowing] 10/8/2010 20:16

That large trade may be the end of the overhang. Will be interesting to see if this rallies tomorrow.

[watchout2] 10/8/2010 19:01

Does anybody know how these holdings work then ?

It's just every holding rns from almost the start of the year has
seen a reduction of the direct holding only and that today has ran
out or at least a token 284 shares.

The indirect 4,345,936 has been like that since January, i take
it they are going to be sold as well or is that the end of the overhang ?

[watchout2] 10/8/2010 17:32

That's what we want to see :-))

Check out the holding Rns again and see their direct stock is 1,887,284 shares.

And today Lloyds have sold 1,887,000 leaving just the indirect shares which
is 4.3 million.

[watchout2] 10/8/2010 16:08

According to that Rns one of the million trades yesterday after the
close was Lloyds selling.

So not sure what that 1.5 mil was at 1.04p.

Anyway it's coming down nicely and we have yet to see what todays
clearing trade and size will be, i reckon another million ?

[knowing] 10/8/2010 15:59

A good chunk of that overhang seems to have been cleared today. Should start to get exciting soon.

[watchout2] 10/8/2010 14:50

Just keep the spread like that please !

1.25-1.5p

Actually the limits are good.

Sell 500k at 1.3p or buy 150k at 1.5p

You'd be mad to sell now as the overhang is on the verge of clearing !

[pedro57] 10/8/2010 14:41

SPMG is top gainer in the UK market today.

[watchout2] 10/8/2010 10:27

Nice 400k buy on plus will go straight to Lloyds bottom line !

10/08/2010 10:08:55 1.40 400,000 O 5,600.00
10/08/2010 08:10:27 1.30 150,000 O 1,950.00
10/08/2010 08:03:55 1.21 150,000 O 1,815.00
10/08/2010 08:03:54 1.21 150,000 O 1,815.00

[knowing] 10/8/2010 10:03

Spread is far better than published at 1.09/1.5 for 50K and for the first time in ages you can sell more than you can buy.

[pedro57] 10/8/2010 09:59

The wide spread is indeed unwarranted, but not even MMs will eb able to hold this back once it starts moving up. The key will be to get Lloyds off the shareholder register.