Here's an interesting penny share,4.38p.The results were'nt brilliant,but they have got very excited about iPix holdings that they acquired in December 2004.The parent company is American,but NMI have a large range of European "territories" to conquer including the U:K:We are talking about surveillance cameras here.With all the interst in security these days this company seems interesting to me.Their latest project is to install cameras etc.at two operating stations run by Arriva.This is the first installation of its kind in Europe.Have a look at their website and give me some feedback,please.The sp could go to 8p IMHO.www.nmsecurity.comTHANKS...ETHEL

A large trade has gone through today ( for NMI anyway !) I presume this was a buy at 4p ,as its listed as unknown.?
DB66

Have a look at all the trade shows Croma have booked themselves in for this year.Today's rns.
If NMI goes to these shows as well,they could rustle up lots more clients.Both stocks an interesting punt on security,surveillance etc IMO.
Ethel

My only worry at the moment is,how do you think NMI are going to be able to increase share capital from 4mil to 7mil without diluting the sp horribly?
The first placing of 10,500,000 in order to raise 378,000 to purchase more equipment seems to have been absorbed by brokers,but can they continue to issue 80 odd million more shares in this manner without upsetting investors?
My maths is a bit dodgy so maybe one of you can have a go.
Does this mean a shares consolidation later this year ?If so I prefer to wait.

Good news reported today up %15 at the moment ,i think they have started to turn the corner sooner than i thought.
DB66

Well,db66,it looks like things are looking up.
Seymour Pierce are the new house brokers for NMI and will hopefully place the new shares issues without too much trouble.Today's price rise is not related to the amount of shares bought registered on my screen.Volumes don't reflect the sp,so someone has been buying off screen.I would like an answer to the questions I raised on the 25th April.
Also note that 2,500,000 of the new shares issued will go as allotments to the directors.Is this in lieu of pay or feathering the nests of certain individuals?
I thought today's RNS was a bit cheeky with the royal "appointment" hinted at because of certain work that they did in April!
The new police contract looks good.Yes,they are really moving at a faster rate than I expected.I am wary that today's rise may be followed by profit taking tomorrow.The market cap is still too small to appeal to big institutions but the sp could rise to 6p on enthusiasm from small punters alone.
The spread has narrowed since this morning,but is still much too large for me as I am not prepared to risk a lot of money at this stage.The stockmarket has become much harder to predict these last two weeks.Also...The Election looms.

Another positive RNS news flow today yet at the end of the day nothing positive in the price?? Hmm...still not sure about getting in this one yet (or perhaps at this "quiet" stage) but keeping a one eye on it for now.

Attached RNS below if anyone's interested :

New Media Industries PLC
18 May 2005



New Media Industries plc

NMI Security: Somerfield Group & World's First 'IPIX enabled' Mobile DVR

UK Retail Sales: Somerfield Group

One of the main retail projects NMI Security has been working on in conjunction
with the Certainty Group - and referred to in previous announcements - has now
been duly approved, and is progressing to the next level.

After extensive testing in Kwik Save - with an initial batch of camera
installations in situ - the Somerfield Group have confirmed an order for the
next phase of the procurement process, based on the 'feature rich' DVR (digital
video recorder) performance and 'IPIX enablement' of the installed systems.

This will involve the installation of a further batch of IPIX cameras and NMI
DVR units across a cluster of retail outlets, and represents part of a project
to upgrade the security and surveillance structure for Somerfield Group. The
Group operates 1,250 stores across the UK.

New Product Development: World's First 'IPIX enabled' Mobile DVR

NMI Security, based on close co-operation with transportation clients, has
developed, extensively 'beta tested', and can now release the world's first
'IPIX enabled' mobile DVR (digital video recorder).

It is ideally suited for all vehicles - especially buses and taxis - and can
record data from up to 4 IPIX enabled CCTV cameras. The hard drive can store up
to one week of full integrity data, and is ideal for comprehensive monitoring of
all driver and passenger activity.

In addition, the hard drive can be utilised to broadcast advertising and other
messages to screens. This product will be showcased at the forthcoming Security
Expo in Brussels.

Another trading statement issued today fairly positive in my view, any thoughts anyone?
DB66

A lot of activity in NMI shares today and only 1 of the trades was a sell.
What has surprised me was the volume and value of trades given that they are issuing more equity onto the markets on Monday at 3p a share,strange given people were prepared to pay 4p a share today.
db66

Things are certainly looking up for NMI,especially as they are getting involved in transport security.The market still only reacts for a day or so on news..and this might be the case after today's announcement stating that they are going to concentrate solely on the security business.
Hope they get good money for the other businesses.
They have the right people on board and I hope to see the sp at 8p by the year end.Only offputting thing is the whacking spread,which should tighten as we see progress.DYOR and hope for the best!
Ethel

It hurts me to say it but the enviroment we live in today is certainly going to help NMI progress from here.
DB66

Yes,a horrible time for all,but the security business is going to grow fast.I am surprised to see that Croma has'nt picked up more after last week's tragic events...this is another company that I have been following and also SGD.There has to be more consolidation in this market between the smaller firms.
Interesting to note that NMI is considering a move to the Tech section of the stockmarket...should help them.Will this changeover cost them anything?
Ethel

any news from the foreign office contract?

davepyle...sorry I never answered your question!
Events have meant that we now need to see shareholder approval for the sale of the media business which will be sought at the EGM on Sept 7.
I think NMI are lucky to have sold this loss making business for 1 million,although obviously they would have liked more.
The admission to the market today of millions of new shares has encouraged the mms to raise the sp on virtually no sales.The horrible spread is a bit of a deterrent.
The management moves fast and will be keen to get the Olympic contracts.If this security system is good enough for President Bush and Prince Charles then it must satisfy the criteria for top level protection.
Their upgraded website is a great improvement on the old one.Shareholders would be foolish to vote against the sale of the media business.
IMO this company should do very well,as long as they don't make mistakes......!
ETHEL

I really did have high hopes for this company like you said Ethel the client list speaks volumes about the products they have to offer.

One thing i am fed up with is the constant placing of shares on the market to raise funds for replenishing stock,i`m a bit sceptical of this excuse!

DB66

Also,if you are going to raise money,get it over with in one large chunk.2 million seems very small to me if they are going "big time".Should we expect another share issue in a few months time?At least it does'nt increase debt levels and today's dilution(IF the new shares have reached the market)does'nt seem to have hurt the sp.
We shall see...I am already in...ignored my stop loss and lived to see the horrible drop last week.
LOL ETHEL

Would we be chucking good money after bad if we averaged down our holdings?

The company states at the bottom of RNS ( NMI Security Limited expects to grow substantially over the coming months)

Also RNS issued about holdings in company.
Eden Capital Fund holds 132,150,000 ordinary shares in New Media Industries (representing 26.4% of issued share capital) following its acquistion of 100,000,000 shares in the recent placing.

DB66

What on earth is happening to the sp,especially after the recent RNS about the collaboration with GE?
For the past weeks it seems that the sp has been manipulated solely by the mms.Can someone put me out of my misery?This company seems to be going the same way as Planestation,which I owned shares in......oh dearie me.
Thanks,
Ethel

hi ethel WELLCOME to the club////

I really had hopes for this company and am surprised at the lack of support from the market.
They gained some pretty impressive contracts quite early on:i.e.Prince Charles's wedding and I thought that after the cash raising had finished diluting the sp everything would accelerate and there might be Olympic contracts in the future.
But this situation makes me think that management want to take the company private.Any ideas,Bristlelad?Nice to know that I'm not the ONLY fool who bought these!!
LOL Ethel

anyone have any news on these or opinion from the implications of recent rns'
?