Have a read of this statement, almost looks too good to be true but the
company actually seems to generating an amazing amount of cash from a
business it has just acquired a few months back, if they are able to sustain
anywhere near these revenues then these shares will get re-rated soon.

ContentFilm plc
29 September 2005
CONTENTFILM PLC
('ContentFilm' or 'the Company')

Update on Fireworks acquisition and other progress

The Company is pleased to update the market on positive developments since the
acquisition of the Fireworks library ('the Library').

As announced on 21 July 2005, the Company acquired the Library from CanWest
Global Communications for a purchase price of $21.5million ('the Acquisition').
The Library consists of some 240 television properties and 45 feature films.

Since the acquisition date, the Library has generated cash flow of approximately
$ 8 million, which is better than our internal forecast. We have used this cash
flow to repay debt which the Company incurred to finance the acquisition, and as
a result, debt repayment is ahead of schedule.

Additionally, since taking ownership we have generated material new sales of
rights in the Library. Since 21 July, new contracts signed have been in excess
of $2 million and approximately another $1 million of sales are in the process
of being contracted.

The financial effect of these sales and collections will be felt in our interim
results for the six months ending 30 September 2005. We believe the Library
will continue to deliver strong cash flows, revenues and profits in line with
our expectations prior to the acquisition

The London based Fireworks staff have moved into our Heddon Street office and
have exited their London lease at no cost to the Group.

Operationally, Greg Philips (Head of TV Sales) and Jamie Carmichael (Head of
Film Sales) have been working hard to organise the Company's combined film and
TV library into the best configuration for presentation to buyers, and it will
be brought to the market at the upcoming MIPCOM 2005. The television sales
division, which manages the Library, has announced its first acquisition of new
rights, and we expect further new business will be announced shortly. Jamie
Carmichael is also pushing forward with the acquisition of new product, and we
expect to update the market in the near future on those activities.

John Schmidt, CEO of ContentFilm commented, 'We are very pleased with the
immediate financial results of the Acquisition, and so are our lenders. We have
also been pleased with the speed at which we have restructured and integrated
our combined film and TV sales operations. Greg Phillips has done an excellent
job with cash collections and new sales since the Acquisition and Jamie
Carmichael on the film side had a success at the Toronto Film Festival with the
sale of 'Thank You For Smoking' to Fox Searchlight worldwide. I look forward to
announcing an exciting mix of new business for both the television and film
divisions in the near future.'

The Company also announces that the Annual Report and Accounts for the year
ended 31 March 2005 will be posted to shareholders this Friday 30 September
2005. Contained within that document is the notice of this year's Annual
General Meeting which will be held on 1 November 2005.

Mant sites vary or they are outdated but the market cap
is approx 4 million.

I would apprieciate some views here because i would like
a balanced view because i can only see positives and a
very cheap share price, cash flow of $8 million in 2 months
for a business that cost $21.5mil is impressive, can it be sustained ?

What held it back today on all that buying....answer Evo !

They were the mm on the 3p offer not budging because they took
part in a placing under the current price, they held 9.3 million in
July but i doubt they hold that many now and if they want to reduce
their holding they wont have any problems at 3p with plenty of takers.

Will try and post a chart when i can work out how :-))

So far so good, 2.92p to buy last week and 3.53p to sell right
now so a good paper profit in less than a week.

.

price moving up now on RNS

will move tomoorow on paper comment methinks.

Great RNS this 9million pound market cap has independantly valued 40$ million film library plus rapidly reducing debts of 15$Million= 14 asset. EBIDA eps this year .73p ebida pe now about 7.9 . The RNS would lead you to expect 2006/7 ebida ( no tax to pay for many years) 2-3 eps. Future pe 2/3! too good to be true?

yes agree perhaps when people read about it....

Lots of buys went though today

6.06-6.5 bid/offer at one point...

Been 7 bid today...
Dunno why not much interest in this on this board..

price moving up sharply...
look at the trades...all buys

.....up

up 18% today...

perhaps more interest when it gets over 10p...

mentioned in the Guardian today, valuation taking off debt =9.3p a share

results out in Nov.....expect it to be 20p within 1 month afterwards

reading the recent trading statement and seeing last weeks buying activity it looks like its going to 20p this week.

up from so low and yet no body but us sees interested in this multi bagger...

The AGM will be held at the offices of Olswang, 90 High Holborn, London WC1V 6XX on Friday 27th October 2006, commencing at 9.30 am.

http://miranda.hemscott.com/ir/cfl/download/pdf/2006AnnualFinal.pdf

Bottomed out ....will rise steadily from here.IMHO.

Told you so .....24p within 6wks....but what do i know....seems like I'm talking to myself anyway. Is there any body out there?

Still talking to myself...never mind laughing all the way to the bank!

STILL HERE ALONE...PERHAPS AFTER NEXT UPDATE...SOMEONE ELSE WILL COMMENT!!!

GOING ON HOLS.......MIGHT HAVE SOME COMPANY WHEN I RETURN..LIVING IN HOPES.

Hi Latics3

Presume you the same person who posts on ADVFN where I post as Jasper.

Im still in but have taken some profits as I bought in at 9.5p.

Hope you have a good holiday.

Anyone know how long the 'offer period' lasts? The blackout is a bit annoying.

harvey....had a great holiday ..keep the faith..as you probably know from advfn I tipped these at 2.5p.....still holding imho a lot more to come.

starting to point up again...after a 2 month lul

KEEP THE FAITH FRIENDS....MORE TO COME.

Latics......you little 10 bagger you.

Good luck. Still keeping the faith.

Harvey

CFL doing nice but have you seen MCM up 152 from 79 in Sept and still going. Looked liked levelling in May but going again.

Thanks Harvey.

Things on the up and up now. Volume has increased amazingly over the last two weeks. Normally CFL would publish their full trading year figures this week. I wonder if this will happen. Sentiment suggests investors think they will.

hello ....anybody there?

ContentFilm issues profits warning
MoneyAM
ContentFilm plc warns full year revenues will be 10-12% below the previous 12 months and lower than forecasts.

The firm said that as it approached its 31 March year end it had become clear that the effects of the global recession were having an impact on the final quarter.

Fireworks International, the group's television distribution division, is expected to produce a positive and solid result but ContentFilm International, its film sales and distribution business, will have a disappointing year.

The company's US dollar net debt has increased marginally since the interim results statement and currently stands at around $34m.

The sterling equivalent of its US dollar senior loan has increased more significantly, predominantly due to the further devaluation in UK sterling against the US dollar.

Still at a low of 2.13, maybe worth a speculative punt! Any thoughts?