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

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

Hi moneyplus and driver

An interesting one! Haven't a great deal of time at the moment and just had a quick run through. Will mull it over again this evening. It may be a good idea to ask stockdog as well as the finances take a bit of understanding.

First, the Hemscott figures (reproduced on MoneyAM) appear to be out of date regarding the issued share capital and therefore the market cap. 6.2 billion ord shares were issued on 5th April to MediaXposure as part of a conversion loan agreement representing 49.55% of the equity. Thus there are some 12.5 billion shares. HCEG was another company which had billions of shares but then consolidated which presumably PCM will do at some stage. So the cap. is 22.5m. Given that the loan value was $8m you could say the deal for MediaXposure was very good or that the current cap. is high.

Second, the chart doesn't tell you a lot - the sp seeems very happy at 0.18p as it keeps returning there after forays up and down! The dot.com price is history as the company has effectively been relaunched from scratch. Thus it needs to be evaluated on the prospects for the services that have been and will be launched.

The big attraction is clearly a route into the China and Hong Kong market with what appear to be state of the art T-commerce services. The bet therefore is whether these will take off against the questions around their funding. They are effectively now a subsiduary of MediaXposure as that company has the rights to convert a further loan that will further dilute the equity.

In the end of the day, the judgement is on the management and their actions all seem very business-like and demonstrate confidence in their own ability to deliver. I see Evolution are brokers and maintain a market. They have a recent note that mentions the sit-up deal but doesn't give any financial recommendation. So? A potential multi-bagger if everything comes together, but I suspect we are not far enough down the line to discount a belly-up ending! Not one for the life savings but a very interesting flutter!

Eric

Thank you Eric-good to have you checking this out. It's a relief to me to think my money might be recovered after all these years! The big temptation to me is that they are a main market share and I could tuck them in my ISA--very nice if they come good. If the Chinese spend like they gamble this could be a winner at last.

eric thanks for that good insight.

This from Evolution Securities.

The new management team have been radically restructuring the business. This has involved both recapitalising the balanace sheet and re-positioning the channels. As part of this re-positioning a number of intiatives are currently underway. One potential initiative involves launching auction channels in the style of "bid-up.tv" and "price.drop-tv". To help develop such channels Pacific Media is discussing with sit-up Limited a potential licensing agreement of their formats.

once momentum is fully restored the TV operations should begin to experience healthy margins.

you wont be disappointed...I just know it...

news and deals galore

dynamicsoul
Just a gut feeling is it then soul.

A man or woman of spirit, that soul!

Glad to see price up 5.5% on my analysis! lol! Mind, they do look like sells but perhaps that 300 sell is coded? Two big trades last night but haven't a clue what K means.

Eric

Evidently useing the Block Trade facility; presumably filled over a period of time in parcels. Thought Mrs would like some of these - buy shown as query because at 0.19p. She's always talking about saving coppers on a purchase so she'll love to have such a lot of shares!

Eric

oh yee of little faith..

Ive been shouting about these for a long while, and check out the buy just now!

soul
Wasn't being disrespectful, it's your thread, check out the SEO thread me, eric and others are always having a laugh even if the sp goes down.
eric
Might be wise to hang on you could get them at .18 tomorrow. It would be nice to have these volumes on SEO 109m unknown trades.

Bought 108.3 million at 13:24. Oh, no it was actually 850K at 13:31! Didn't really have that much spare lolly today. lol! Mine was a buy so the other one would have been a buy also. At least the mere 43M got through as a buy as, for some reason, bid price dropped to 0.16p. So clear that 0.17p trades were sells and 0.19p were buys. Nice little punt to show solidarity with my friends. Have suggested to stockdog that he takes a look.

Eric

eric
Nice one eric, a couple of large buys after the close, big volumes on this stock.

will try to look at next few days, when parties (whoops, mean meetings!) allow

yours

husky croisette

Checking in--had trouble with the computer today so I've missed all the fun. some nice blue to be seen particularly in HBG another good one for you to look at. early days but has lots of promise! haven't yet topped up in PCM but feeling much more confident about it. cheers MP

moneyplus
Loads of buys today may be you should top up sooner than later, there even more blue in SEO.

looking good volume wise.hope this is the start of something big

soul
It does look like some thing is brewing.

I topped up today.

only a few sadly- but me too!

ive enough to go round, so no top up for me.and im just in profit!!

Another large volume day. Something going to happen soon I hope.

was in profit - now Im minus - just

lol

but not long before positive again methinks