NEW THREAD
http://www.moneyam.com/InvestorsRoom/posts.php?tid=11010#lastread




Headquartered in Hong Kong and listed on the London Stock Exchange (LSE:PCM), Pacific Media Plc is an Asia-based t-commerce company with principal operations in Mainland China, one of the world's largest and fastest growing consumer markets. The Company also has a presence in other non-core markets in Asia. T-commerce is the provision of business-to-business (B2B) services to facilitate direct-to-consumer retail platforms, and the use of television as a transaction platform to sell goods directly to consumers. Pacific Media's full-fledged t-commerce business model is supported by multiple marketing and distribution channels including wholesale, retail, direct marketing, and the internet.

During the course of the year, the Group focused on the TV direct response and TV home shopping activities. In addition, the Group discarded use of the acquired "TV Media" brand and launched the new "ResponzeTV" brand. The international division shifted sales toward Europe and the USA and out of S.E. Asia. The migration to our own in-house call centre in Shanghai was completed in April 2005 and allowed the Group to generate higher sales conversions from incoming call enquiries. The call centre provides a capacity for up to 70 operatives, sufficient to meet the mid-term growth in the ResponzeTV business.

New 31/07/2006
The catalogue and call centre has been axed.

The Board has therefore decided that the focus of the Company's TV home shopping business will move away from activities involving high media costs and high overheads, and in particular away from producing and airing its own TV home shopping and DRTV programmes. Instead, it will focus on what the Board considers to be lower-risk activities within the TV home shopping and DRTV sector in Greater China.

Accordingly, the Board has decided to focus much of the Group's attention and resources on seeking to grow its international sourcing business. This is a business which sources products, principally from China, for TV and DRTV home shopping operators in Europe, the USA and North Asia. This business takes advantage of the Company's proximity to the Pearl River Delta and the many product manufacturers located in the Southern China region, plus the Group's experience in sourcing home shopping products.

As part of the review, the Board has also identified the opportunity for the
Company to expand its operations by selling its products into the retail sector in China and Taiwan.

Web Site
http://www.pmplc.com
Responze TV Web Site
http://www.responzetv.com/home/index.aspx

Raymond Chang Chief Executive Officer Pacific Media PLC
http://mba.yale.edu/alumni/profiles/changr.shtml
OUT OF THE BOX Aug 2005
http://www.sinomedia.net/eurobiz/v200508/box0508.html

NEW THREAD
http://www.moneyam.com/InvestorsRoom/posts.php?tid=11010#lastread

Kim,
how about a four pack of Ace lager as that is prob all i can afford after trding costs.... LOL
Alex

Yes Alex, that would probably last longer anyway! Optimism is the way forward, this time next year you may well be looking at 2 x a four pack of ACE.
kim

up 16% why would anyone be buying??

Just back from a hospital opp I see pcm-doing OK

Take it easy Driver, hope you recover quickly. Nice to see the sp going the opposite way to most of the others!
kim

kim
Cheers kim it was nothing serious just a back operation.

Erm, that sounds serious enough to me! I had a discectomy 10 years ago, it went 100% wrong, a life changing experience!! Fortunately I did not end up in a wheelchair but it was a pretty close thing; I'm restricted in what I can do now but it doesn't stop me trying to do things I was told I would never be able to do again. If your op was similar I would advise you not to overdo things for a while!
kim

Can't see they would consolidate and switch to AIM if they were to cease trading. doesn't make any sense.

moneyman
Why should they cease trading you are looking at the next qxl.

On the up again.

somebody knows something we don't! glad I haven't dumped mine it looks as though it may be revived under the new CEO.

mp
I think it's the new thread that done it.

I think the MM's are looking for stock, the Trades chart doesn't know which way to go! Good news if they are.
kim

It's those waving flags!!

when you can buy a million of silly money then it's worth tucking a few away.

Theres a buyer in the market !

I'm back. Never dumped them Driver, but a quick run through this lot and I wish I had!!
Oh well. Cleethorpes next year at this rate.
Alan

It can only go up from here I hope.

Darren Shaw has stepped down
Steven Goodman, who joined the Board in 2005 as an Executive Director and Group Legal Counsel, has been appointed Chairman.

Move to AIM

The capital reorganisation is expected to create a more appropriate capital
structure for the Company and save costs of approximately 200,000 per annum.

The Board has therefore decided that the focus of the Company's TV home shopping
business will move away from activities involving high media costs and high
overheads, and in particular away from producing and airing its own TV home
shopping and DRTV programmes. Instead, it will focus on what the Board considers
to be lower-risk activities within the TV home shopping and DRTV sector in
Greater China.

Accordingly, the Board has decided to focus much of the Group's attention and
resources on seeking to grow its international sourcing business. This is a
business which sources products, principally from China, for TV and DRTV home
shopping operators in Europe, the USA and North Asia. This business takes
advantage of the Company's proximity to the Pearl River Delta and the many
product manufacturers located in the Southern China region, plus the Group's
experience in sourcing home shopping products. In many cases, the business
produces its own infomercials to support the sales of those products, although
the Company is seeing a growing trend for the costs of infomercials to be shared
with its home shopping operator partners. The Company intends to build on the
good relationships which it has already established with a number of major
international home shopping operators. I am pleased to say that this business is
currently performing in line with the Board's expectations and is showing
encouraging signs for the future.

As part of the review, the Board has also identified the opportunity for the
Company to expand its operations by selling its products into the retail sector
in China and Taiwan.

The Board has reviewed the prospects for the FreeStyle catalogue business, which
was acquired for a relatively low cost in January 2006. The Board's view is that
such business would require significant investment to achieve sufficient
critical mass to meet the Board's objectives. However, the Board was not
convinced that the prospects for achieving the required level of success were
sufficiently certain to justify such an investment. Accordingly, it will be
discontinuing that business.

http://moneyam.uk-wire.com/cgi-bin/articles/20060731105152W2048.html

Cleethorpes may have been a bit optimistic.
Seaton Carew in a draughty caravan is looking favourite.
Alan

I'm out... had anough... probably regret it but we'll see... may come back when all the dust has settled...(could turn out to be another WGT/SYG which was good)

Have now topped up on ARC which is has more potential and is looking good (imho, dyor)