Time to stand up and be counted in my opinion..

news is turning positive here...wontg be long before sentiment drives this one up..........

Guys...

Regarding PCM, what are your short/long term targets.

m0dulus
I really don't think any of us (correct me if I am wrong) have short/long term targets, all we know is that PCM are starting to do deals and that the share was once 16p. The 16p isn't any help but these shares definitely look cheap to me, and are worth a punt at this price.

yes the 16p was in the silly 2000 times when you could stick a pin in a list of shares and make money ,the thing with this share is that people do watch it and the managment do seem to be on the ball , and thier business plans must be quite impressive to pull the funding in ie .....Asia Pacific Growth Fund 78,655,686
Asia Pacific Growth Find II L.P. 158,153,954
H&Q Asia Pacific Venture 71,748,616 they must have some sort of good feelings about this... all be it they are thinking ahead prob a yr or more , but i dont mind i plan to get 5/10 mill over time but short term i think .3 double what it is now could be tested on speculation on run up to any results..... we will see

another thing with this is if u put some orders in even below the buy price they will try to sort u out if they have some cheap ones going so at odd times you can get under the spread which over a period of time could make yr av price quite low .... just a thought ....thats of course you dont think its going down further which it could do short term !!! i think this could pay a few morgages off for some in the future but not for the faint hearted i think especialy if the consolidation comes along !!

biffa18
You are right about picking them up on the cheap, on other B/Booards some punters have been buying these at 15p over the last couple of weeks.

Shanghai Bailian Group was created by the merging of retail giants Shanghai Yibai Group, Shanghai Friendship Group (owner of Lianhua), Hualian Group. and Shanghai Materials Group, all state-owned. After the merger, Bailian now runs over 4,000 outlets in China including the ubiquitous and apparently interchangeable Lianhua and Hualian supermarket chains.
Bailian has a registered capital of 1 billion Yuan and assets worth 28 billion Yuan. It controls outlets in 20 provinces and municipalities across the country and combined sales totaled 70 billion Yuan last year.
.......pcm might be a minnow of sorts but they are dealing with some big boys

biffa
Well done on the research, all good stuff.

10m sell cleared out of the way we might see a bit more blue tomorrow.

More news.

18th July 2005

Pacific Media Plc ("Pacific Media" or the "Company")
Extension of Loan Facility


Pacific Media Plc (LSE:PCM), a leading Asia-based television home shopping
company, is pleased to announce that the Board has approved the terms of a
proposed US$1,000,000 increase in the loan facility of US$6,000,000 (the
"Facility") made by MediaXposure Limited ("MediaXposure") to the Company on 17
December, 2004 and 21 June, 2005 (as amended) on the same terms as the
Facility.

The increased amount of US$1 million is in addition to the US$21 million
aggregate facilities previously provided to the Company by MediaXposure of
which, following conversion of US$8m Convertible Loan Notes into Pacific Media
shares on 8 April 2005, US$13 million remains outstanding. The increased amount
has been made available to the Company for its general working capital purposes,
and those of its subsidiaries and subsidiary undertakings.

The increased amount of the Facility is unsecured and, on drawdown, bears
interest at the London Interbank Offer Rate, ("LIBOR") plus 900 basis points per
annum.

MediaXposure is a related party of the Company, as MediaXposure is an associate
of both Raymond Chang and Andre Koo, both of whom are directors of the Company.

"Our operations in China and abroad are growing quickly and we are delighted
that MediaXposure continues to support our expansion and business plan with this
increased loan facility", commented Pacific Media Executive Chairman, Darren
Shaw.

This is the bit I like at the end.

"Our operations in China and abroad are growing quickly and we are delighted
that MediaXposure continues to support our expansion and business plan with this
increased loan facility", commented Pacific Media Executive Chairman, Darren
Shaw.

added a few more today--hope this will eventually be my pot of gold!!

More boring news.

20th July 2005

Pacific Media plc ("the Company")

Director Appointment

Pacific Media Plc (LSE:PCM), a leading Asia-based t-commerce company, is pleased
to announce the appointment of Grahame Farquhar as an Executive Director. The
appointment takes effect from 1st August 2005.

Mr Farquhar takes up the post having occupied the position of Chief Financial
Officer ("CFO") at the Company. He brings to the role over twenty years of
corporate experience in the media sector as a qualified accountant, including as
Chief Financial Officer at EMI Asia and as Vice President Finance and Operations
at Bertelsman Asia. His career to date has spanned television, film, video,
music, internet & mobile applications and computer games. This has included
taking companies to public flotation via IPO on the London Stock Exchange, and
the completion of numerous merger and acquisition projects.

Mr Farquhar has thirteen years of experience in senior Director roles in Asian,
Middle Eastern and South African markets, in addition to time spent in Europe.
He holds the FCCA accountancy qualification from Kingston University in the UK,
as well as an MBA from Strathclyde University.

The Company's Executive Chairman, Darren Shaw, commented: "I am delighted that
Grahame is joining the Board, having already taken up the position of CFO. He
has a deep knowledge of the Asia region, the media sector, and retailing in
general. He is a valuable addition to our senior management team and to our
Board of Directors as we continue to expand our operations across Greater
China."

There are no further disclosures required pursuant to Listing Rule 9.6.13R in
respect of Mr Farquhar.

cheers Driver.

Wll who reckons that the Sit-Up deal will be announced at the AGM this week ?

sit- up deal going ahead!!!!

CWMAM
Was that a !!!!! or a ???????

Hello chaps,

Have been building a nice little stake in pcm since the start of the year. Management seem to have done a great job turning around this business. Must admit i'm into pcm due to the sit up deal which has massive potential, although ResponzeTV seems to be doing well.
Only question is, how are we going to pay for the sit-up deal?

Anywho, great day for pcm

Daws

Onward and upward as they say.

LONDON (AFX) - Pacific Media PLC said it is seeing double-digit month-on month growth in top-line sales albeit from a low base, backed by stringent cost management and greater efficiency across the company.

In a statement at today's AGM, chairman Darren Shaw also announced that the company has entered an exclusive licensing agreement with the UK home shopping company, Sit-up Ltd.

He also said the company is exploring fundraising opportunities and it has now made an offer to a third party utilising the authorities granted to it at the Annual General Meeting last year in relation to future funding. No further details were available and Shaw said the company hopes to release more information in due course once an agreement has been reached.

Under the licensing deal with Sit-up, Pacific Media said it and its wholly- owned subsidiary Pacific Media Asia Auctions Ltd (PMAA) have been granted the exclusive right to copy, adapt and exploit the price-drop tv and bid tv television channels and website formats, and the intellectual property rights that underpin these formats for any media or retail platform in China, Hong Kong, Macau and Taiwan.

In the third quarter of 2006 the company and PMAA aim to launch sit-up branded television channels in each of the regions the license covers.

Under the agreement, PMAA will pay to sit-up license fees of 14 mln usd plus, over the first 28 months following the first anniversary of the launch, royalties totaling 6,427,988 usd and thereafter will pay 2 pct of turnover for the remainder of the term of the Agreement.

sit-up will also be granted an option to subscribe for 219,298,246 new ordinary shares of the company at nominal value.

The license has an initial term of 20 years, with options to extend the term for up to 50 years, provided certain minimum turnover and broadcasting hours conditions are satisfied.

The right to enter into the agreement was previously held by MediaXposure Ltd and the company has now agreed to reimburse MediaXposure all costs and expenses incurred by it, amounting to 1.7 mln usd, plus interest, and has agreed to pay MediaXposure an additional sum of 500,000 usd.

newsdesk@afxnews.com

I like this bit.

Sit-up Founder Director Ashley Faull welcomed the Agreement with Pacific Media,
stating: "The professionalism, experience and local knowledge of the Pacific
Media team in Asia provides us with a strong alliance with which we can leverage
our highly successful and unique channel concepts in the exciting markets across
China, Hong Kong and Taiwan."

HAPPY.