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Profile Media Looking to the Future !!! (PMD)     

SueHelen - 06 Jan 2004 15:40

Profile Media
(MEDIA & ENTERTAINMENT)
Trades over 300,000 shares are delayed in reporting by 1 hour.
http://www.profilemediagroup.co.uk
http://www.profile-pursuit.com/
http://https://www.programmemaster.com/index.asp?
http://www.hazletonpublishing.com/
http://www.profilesportsmedia.com/
http://www.pbintel.com/
Recommended by myself as a Strong Buy at 1.20-1.35 pence on 12.11.04
big.chart?symb=UK%3APMD&compidx=aaaaa%3Abig.chart?symb=uk%3Apmd&compidx=aaaaa%3Abig.chart?symb=uk%3Apmd&compidx=aaaaa%3Abig.chart?symb=uk%3Apmd&compidx=aaaaa%3Abig.chart?symb=uk%3Apmd&compidx=aaaaa%3A

Top Director Buys
Profile Media (PMD)
Director name: Mr John Webber
Amount purchased: 4,402,958 @ 1.00p
Value: 44,030

Profile Media (PMD)
Director name: Mr David Ellingham
Amount purchased: 3,571,348 @ 1.00p
Value: 35,713

Major Shareholders
POWER CONSULTANCY LIMITED 91,647,500 23.85
WRAY N W 33,155,100 8.63
GENERALI PORTFOLIO MANAGEMENT UK LIMITED 13,500,000 3.51
INDIVIDUALS & PRIVATE CLIENTS 9,887,127 2.57
SEYMOUR PIERCE 9,455,100 2.46

Profile Media Group is a broadly based media and communications group focused mainly on custom publishing and related activities in both the UK and the US. Our main business areas are custom publishing and sports media and distribution.
Profile Media Group is made up of a number of different companies specialising in a range of products and services from custom publishing and distribution to multi-channel customer contact and integrated fulfilment.
Profile Pursuit's expertise in custom publishing covers a broad range of disciplines from banking to retail, from the consultancy sector to sports and leisure, and from show business to the grey market. As a result they have established an unrivalled portfolio of consumer and business titles with proven effectiveness as marketing tools for sponsors, advertisers and audiences alike.
ProgrammeMaster is an organisation that provides a unique and unrivalled service to the avid football supporter, by offering Official Matchday Programmes delivered directly to their door.
Hazleton has,for more than two decades striven to produce published products of the highest quality, and the AUTOCOURSE name, itself running for 50 years, which adorns its motor sport publications has become the standard by which others measure themselve
Profile Sports Media specialises in prestigious sporting titles including the Good Ski Guide, Carling Cup Final and Nationwide Playoff Final programmes.
Profile Business Intelligence produces bespoke reports for member governments of the Commonwealth and sector specific reports for the Commonwealth Secretariat, the Commonwealth Local Government Forum and the Royal Agricultural Society of the Commonwealth, all of which are organisations with whom we have strategic publishing partnerships.
Profile Business Intelligence Ltd (PBI) is a young and vibrant, holistic publishing company formed as the only B2B division of Profile Media Group Plc. Alongside publishing the Commonwealth's flagship publications, such as the Commonwealth Foreign Direct Investment Report and Agriculture in the Commonwealth it also publishes bespoke reports for individual member governments and selected private sector partners.

Recent Results (Interims):
RNS Number:4669D
Profile Media Group PLC
29 September 2004

For Immediate Release 29 September 2004
Profile Media Group PLC

Second Interim Results

For the year ended 30 June 2004

HIGHLIGHTS

6 months to 6 months to Year to
30 June 04 31 Dec 03 30 June 04

Turnover #5.3m #7.2m #12.5m

Turnover from continuing operations #5.0m #2.9m #7.9m

Operating loss before depreciation, amortization, (#0.6m) (#2.0m) (#2.5m)
interest and tax

Operating loss from continuing operations before (#0.3m) (#1.4m) (#1.7m)
depreciation, amortization, interest and tax

Loss before tax (#1.1m) (#2.4m) (#3.5m)

- Profile Pursuit UK won a contract to publish the quarterly magazine
for the National Bingo Game Association

- Hazelton and ProgrammeMaster merged successfully and now trade as
Profile Sports Media Ltd

John Webber, Chairman said that:

"With the effect of the introduction of the new contracts and the continuing
improvement of revenues I look forward to reporting further improvement at the
year end which will be for the 18 month period ending 31 December 2004".

For further information:

David Ellingham, Deputy Chairman & Chief Executive tel:(020) 7332 2000
Profile Media Group plc

Jonathan Naess tel: (020) 7710 7400
Nabarro Wells

Russell Cook tel: (020) 7739 8200
Charles Stanley

Mark Edwards tel: (020) 7466 5000
Buchanan Communications

CHAIRMAN'S STATEMENT

I am pleased to present the interim results for the six months ended 30 June
2004.

As previously announced, the Group has changed its financial year end from 30
June to 31 December and therefore the following results incorporate a second set
of interim results for the six month period ended 30 June which, together with
the interims to 31 December 2003 previously announced, make up the results for
the 12 months ended 30 June 2004.

The results reflect the positive impact from the restructuring following the
bank debt to equity swap and the cancellation of the deferred shares and share
premium account which was concluded at the start of the year.

The results for the six months ended 30 June 2004 demonstrate the progress we
are making in returning the group to profitability. The results are in line
with my expectation as outlined in the previous interim statement on 4 March
2004. Compared with the same period last year the loss on ordinary activities
before exceptional items and amortisation has been reduced from #3,887,385 to
#640,554.

Financial Results - Overview

Turnover for the continuing businesses for the twelve months ended 30 June 2004
was #7,935,486 (2003: #8,704,133). The decline is due to withdrawal from loss
making contracts and the deferment of a major title, which will now fall into
the current period, at Profile Pursuit Inc (PPI).

It is pleasing to report that gross margins from continuing activities for the
six months to 30 June have continued to improve to 16.7%. This compares with a
gross margin of 13.1% for the previous six-month period and 15.4% for the 12
months to 30 June 2004.

We have continued to strive to bring the Group's operating base to an
appropriate and sustainable level. Consequently ongoing administrative expenses
have fallen to #1,130,463, a reduction of some 37% over the previous six-month
period. .

Losses from continuing operations before interest, depreciation and amortisation
of goodwill were #287,902 a reduction of 79% from the previous six-month period.

During the period additional charges relating to the disposal of Marketlink and
Woodgate, the Group's fulfilment businesses, were identified and have reduced
the previously reported gain by #484,506 to #1,242,598. This adjustment has led
to the restatement of the results to 31 December 2003 by the equivalent amount,
increasing the loss for that period to #2,409,767.

The loss attributable to shareholders for the six months ended 30 June 2004
including discontinued items was #1,083,952, compared to #2,409,767 in the
previous period.

During the period Commonwealth Business Publications ceased to trade and is
shown as a discontinued operation together with the fulfilment division.

Financial Results - By Division

Publishing - Custom and Contract

This division consists of the Profile Pursuit companies, which operate in the UK
and US. Revenue is generated mainly from the sale of advertising space in
controlled circulation publications.

During the six months under review the UK turnover improved by #732,000 as a
result of introducing new and more regular titles. Revenue, however, decreased
in the US by #2.04 million due primarily to a deferment of one title into the
following accounting period in comparison to the equivalent period last year.
Despite the reduction in revenue the US division produced a profit on ordinary
activities for the period.

Our UK division has recently been appointed to publish a quarterly magazine on
behalf of the National Bingo Game Association (NBGA) as from November. The
magazine will be distributed to one million players via the NBGA member clubs
and is expected to make a significant contribution to earnings next year.

Publishing - Other

The remainder of the Group's publishing activities comprises Hazleton and
ProgrammeMaster.

The operations of Hazelton and ProgrammeMaster have been merged successfully and
now trade under our subsidiary Profile Sports Media Limited (PSM). Since this
restructuring, which was completed at the start of the year, both operations
have achieved a significant improvement in their trading performance despite
difficult advertising markets. The Football League remains an important
customer and we retain contracts to publish the official Matchday Programmes for
their showcase finals. In addition PSM has recently won the contract to produce
the official Matchday Programme for the Welsh Rugby Union. The company is also
pleased to announce that it also recently won an important publishing contract
to produce the Matchday Programme, monthly magazine, yearbook and junior
members' magazine for Chelsea Football Club. The benefit of these contracts
will be reflected in the current period.

Current Trading

As outlined in my previous interim statement it appears the media sector is
showing gradual signs of recovery. Advertising budgets are cautiously improving
which is demonstrated by #4.03 million of forward contracted advertising orders
for publications due to be published after 1 July 2004 being some 34% higher
than at the equivalent date last year. The Group remains committed to
maintaining tight cost controls and seeks to introduce new titles and
initiatives when appropriate. With the effect of the introduction of the new
contracts and the continuing improvement of revenues I look forward to reporting
further improvement at the year end which will be for the 18 month period ending
31 December 2004.

I would like to thank shareholders for their continued support. Our employees
have continued to demonstrate their commitment throughout a difficult period.

John Webber
Chairman
29 September 2004
Group's head office:
Profile Media Group
5th Floor
Mermaid House
2 Puddle Dock
London
EC4V 3DS

erenr - 22 Jan 2004 12:42 - 209 of 483

Bottom Triangle (20 Jan 2004) - A Bottom Triangle/Wedge is considered a potential long signal. It indicates a possible reversal of the current downtrend. This means the following depending on your current position in the stock:
If you already have a long position you may consider holding or accumulating.
If you already have a short position you may consider closing it out.
If you don't have a position you may consider taking a long position.
Click here to learn more.
Event confirmed with close price of 2.38p on 20 Jan 2004
Possible target price range is 4.70p - 5.30p
Volume at confirmation was 10,260,200
Pattern duration is 68 days
Inbound trend duration is 385 days

thestatusquo - 22 Jan 2004 13:09 - 210 of 483

Thanks erenr. Your technical analysis confirms my view. I am holding.

xmortal - 22 Jan 2004 13:14 - 211 of 483

ERENR where is that link for the bottom triangle/wedge. What is that? is it to do with the shape forming due to the share volumes and the uptrend?? Thanks

thestatusquo - 22 Jan 2004 16:38 - 212 of 483

Volumes since fundraising have been significant. The direcotrs aren't the only ones stakebuilding.

erenr - 23 Jan 2004 09:56 - 213 of 483

Sorry cannot give you the link for that its a subscription only site so you wont get in,it refers to the shares patern as it was falling creating a wedge formation and as it gets to its narrowest point its broken out to the upside, thats my understanding of this complex formation i ued it for nsb retail at 17p and zi med at 10.5p seems to work a treat

amardev - 23 Jan 2004 12:18 - 214 of 483

Sue Helen. Hi!
Please see thread on SIP
Your thoughts please.
Regards

thestatusquo - 23 Jan 2004 17:36 - 215 of 483

Some price retracement here, but golden cross of medium and long term moving average is confirmed.

IMHO this is a STRONG BUY signal, with further gains in this stock likely up to the resistance level of 4pence.

Fundamental factors such as next weeks AGM & any subsequent trading update may influence price.

thestatusquo - 25 Jan 2004 17:30 - 216 of 483

A trading update at this weeks AGM would be nice!!

SueHelen - 26 Jan 2004 20:19 - 217 of 483

Some very massive buys today. A couple of 740,000 shares buys along with a couple of 280,000 shares buys.

thestatusquo - 26 Jan 2004 20:58 - 218 of 483

All technical indicators show rising trend. More to come.

erenr - 29 Jan 2004 18:09 - 219 of 483

well how about that then!! biggest fall on the market in ages and up we go charts can be decieving but not this time what a result:o)

thestatusquo - 29 Jan 2004 20:06 - 220 of 483

erenr! nice to see price continue uptrend indicated.

You will see from the chart above the golden cross I have been banging on about, where the blue 50 day rises through a rising 200day moving average.

This is a very positive technical indicator. IMHO a mini breakout to the upside is about to take place.

thestatusquo - 30 Jan 2004 15:26 - 221 of 483

Mini breakout confirmed.

If 4pence broken then serious breakout ahead.

Hope ur still in Sue!!!

SueHelen - 30 Jan 2004 15:47 - 222 of 483

Hi, still here, been at university this week doing my exams, hence the lack of posts.

AGM was not actually this week, a date has to be still set.

Will post any developments.

xmortal - 30 Jan 2004 16:37 - 223 of 483

Sue:

Take a look at warthog!!! what do u recommend. ps. Unis do not hold exams during January!!!

thestatusquo - 31 Jan 2004 17:55 - 224 of 483

Sue,

Resistance at 4pence will be crucial, but this stock is now showing big technical indicators to the upside. Positive flag formations have brought the stock up to new levels. Flags form followed by short cosolidation periods - buying opportunities.

Volume is improving. Market cap still seriously undervalues intrinsic value of stock. If stock is tipped or reviewed it will fly.

Everywhere I read that the time is right to buy media stocks.

I would appreciate your technical input, when you have finished your mid-terms. I think this stock could be a star performer in 2004.

TSQ.

thestatusquo - 31 Jan 2004 18:02 - 225 of 483

One other positive. All these price rises are after the financial restructuring.

Collectively, the market is saying, we like what you've done, company is on steady footing, go out and make profits in a recovering media/advertising market.

Long way to go but IMHO anyone buying in now has the chance of making money.
DYOR as always.

SueHelen - 31 Jan 2004 18:47 - 226 of 483

Neutral (Short term) - Jan 30, 2004
Has risen 154% since the bottom on 24 Dec 2003 at 1.15. Shows a strong development within a rising trend channel. A further positive development is indicated, and there is support against the floor of the trend channel. The stock has support at p 1.15 and resistance at p 4.10. The poor liquidity of the stock (traded 100% of the days, mean 8.59 mill per day) may weaken the analysis.

GRAEME.ALEXANDER - 31 Jan 2004 19:33 - 227 of 483

Hi Sue good to see your postings again. Please keep it up I apprciate your input. Thanks. Graeme.

vrodgers2 - 01 Feb 2004 14:18 - 228 of 483

Read this on ADVFN

prefab - 1 Feb'04 - 14:11 - 567 of 567


Very quiet on this thread over the weekend, is it possibly because most are somewhat mystified as to the reason for the share price gain in the last month? I don't claim to know why but here are a few pointers that perhaps should be taken into account.

1. 1st half trading (03-04) was greater than the entire 02-03 financial year, within their core business.

2. Believe it or not there is not that much stock freely available, the vast majority of the placement went straight to institutions as stated in the proposals for the placement.

3. Barclays clearly supports PMD and believes they turn back to profit sooner rather than later, supported by point 1 above.

4. The directors have stated that PMD will be cashflow positive this year after the reduction of their debt in the last half of last year, through the financial restructuring.

5. Someone is buying large lumps of stock on the open market and have been since the start of January therefore existing free float is getting smaller and smaller. Typically WINS have been leading the bid for stock with the occasional tree shake to scare out the 10%ers, friday being a prime example. 500k and 1m lumps consistently bought over the last 2 weeks, is that anyone on here?

6. The company has so far failed to comment on the +150% movement in it's share price in a relatively short space of time. Yet the directors were quick to set exercise prices for their options near the beginning of the rise. Perhaps they know something we don't ;-)

7. The advertising and publishing sector is enjoying an upturn in fortunes after 3 years in the doldrums.

I'm not one for conspiracy theories about MBOs and takeovers, this could just be punters buying in on the hope of a significant recovery in this sector, but too much stock has been traded in the last month and the rise too consistent for this to be a pump and dump exercise (in fact trade sizes have got significantly bigger as the price has risen, possibly indicative of a desire to fill a position quickly). One thing's for certain, we'll be the last to know on this thread. As long as the rise continues who cares, buy on rumour sell on fact. Be lucky.
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