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

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

hewittalan6
Well the punters seem to like the Disposal of Bella Media, I was quite happy PCM having 25% but then what PCM is trying to achieve is a much bigger play we will definitely make some serous money out of this stock.

Al, did you see post 287 its a good read.

I think it's good news as the potential profits in bid TV are likely to be much higher than Imax cinemas and the market seems to like it. Biffa the sp was much higher than this when I first bought years ago!!! I hope it gets to at least 10p before they think of consolidation-driver and I want to be millionaires out of this one! fingers crossed.

I'm already a millionaire on this one (providing I can sell them in Turkish Lira)!!! I am in on this one fairly recently, but topping up on the way. For my part, I really didn't see any great significance in the RNS other than that it existed. I subscribe to an old school of thought that even a wrong action is better than no action at all from the management and it at least shows some kind of strategy and leadership, so critical among small caps. Keep the more informed views on this thread coming cos without this medium I would be all at sea (trying to work in a joke about pacific media - get it- but I can't be bothered)
Alan

Moneyplus
Wishful thinking i think with the amount of shares issued to get to 10p would make this firm worth rather alot !
i think a share consolidation is a dead cert if they want to really bring this to the attention of the big boys so people stocking up on this beware !! but is a good 1 to trade short term for a quick buck

biffa18
Theres no problem with consolidation my DNX did and has gone up 4 to 5 fold since.

PCM to go to 10p would be a M/Cap of about 476m seems about right to me, although 3P to 6P is more realistic in the short term.

Driver
yep agree some are ok but cybit holders for instance might not agree i still hold a few mill of these but if ever got to 6p i think mine would be gone but in at this level really over next few months i dont think we will go wrong !!

SALE OF SHARES IN BELLA MEDIA WOULD GIVE PCM FINANCIAL ASSISTANT WHATEVER THE MANAGEMENT IS TRYING TO DO AND IT IS POSSIBLE THAT SP WILL SHHOT UP IN FEW WEEKS TIME

Can somene enlighten me about the number of shares transacted according to Moneyam 75million. Is that the number that have been tranacted today alone .It says Cum and I thought that might be both buying and selling. There is no where on that page where you can ask a question.
Perhaps some kind person will help explain to me

rd yes it is the total traded today. It will not include any large T trades which may be reported in the next few days. I see the large trade today was an MM buy. A very good sign IMO.

The RNS's today indicate that housekeeping is continuing and the the Directors will now be concentrating on the matter in hand. The sale of the Bella shares will obviousely go to the funding of the Sit-Up deal.

Exciting times ahead and will be adding when possible.

rdotdj
What page are you on about, the total amount of shares traded today was 76+m shares, click on trades put in pcm then you will see the trades today.

ARAAVAN
Your CAP Locks are stuck
Re "SP WILL SHHOT UP IN FEW WEEKS TIME "
We hope not this is a long-term play over the next couple of years; it gives punters time to top up now and again. The Company said it may be in profit at the end of 2006

Driver I hope we see a graduall move higher. I would also like to think that as the finance for the Sit-Up deal unfolds the price will rise accordingly. Maybe some "other" parties may also take an interest and help push the price further.

Results are due soon so hopefully things will become clearer.

mm
I agree a graduall move would be nice as I'm in the red at the moment.

Well a nice tick higher towards the end of the day. Nice if that continues and we move back to the .2p level prior to the figures. Remember double digit growth !

What's the latest on this?

m0dulus
There is no lattest read post 287 and below, this is a long term investment.

Double-digit month-on-month growth in top-line sales albeit from a low base, stringent cost management, and greater efficiency across the Company.

On the subject of growth and expansion, PCM have announced an exclusive licensing agreement with the UK home shopping company,

To adapt and exploit the price-drop tv and bid tv television channels and website formats, and the intellectual property rights that underpin these formats (including the know how required to operate the formats successfully and the bespoke elements of the computer systems) for any media or retail platform (the Format) in China, Hong Kong, Macau and Taiwan. Pacific Media will guarantee the obligations of PMAA under the Agreement.

Surely the 100 buy and 100 sell can't be real trades this morning. Any idea what could be going on with them or is it some kind of MM book-keeping exercise?
Yours sincerely,
lost of Leeds

someone once posted it was a private code mm to mm. hope it means good news is on it's way!

I think it means 1b buy we can wish.

Interim Results 2005 just in, masive increase in turnover, looking good, amd on track for the future.


28 September 2005

Pacific Media PLC
Interim Results 2005

CHAIRMAN'S STATEMENT

I am pleased to report that the progress we achieved through the latter part
of 2004 and into the early part of this year has been well maintained, with
a number of new products and increased media and retail distribution
channels established, and negotiations on a significant license agreement
concluded.

Our operations in China showed solid growth throughout the period, enhanced
by the opening of our new in-house call centre and increased non-TV retail
channels.

We have also now successfully divested all our non-core assets and
operations and settled long-standing litigation These include selling our
Bella Media plc shareholding, receiving partial recovery of a loan made to
Asia Commerce LLC in 2000 which had been fully written off, settling a claim
relating to the supply of Slim 10 pills from 2000 to 2002, disposing of the
Company's former UK leasehold premises and closing our Singapore operations.

The Company also concluded a number of fund raisings to continue and expand
the growth of our Responze TV business in China.

We have also strengthened our senior management team and Board of Directors,
most notably through the appointment of Mr. David Shrimpton as Independent
Non-Executive Director, Mr. Grahame Farquhar (who is also the Company's
CFO), and Mr. Edgar Bronfman Sr. as Special Adviser.

The encouraging results for the first six months of 2005 reflect the ongoing
efforts of the Company.

Interim Results
In the six months ended 30th June 2005, the Group's turnover was 1,554,000,
an improvement of 1,093,000 over the same period last year (2004:
461,000). This reflects growth in the China DRTV business launched in
November 2004. The Group operating loss of 3,212,000 also recorded a
substantial improvement against prior year figure of 8,971,000.

Financing
In June 2005 the Company increased its US$5.0 million loan facility made
with MediaXposure Limited in December 2005 to US$6.0 million and to US$7.0
million in July 2005. Furthermore, the Company today announces that it has
agreed, subject to any shareholder approval required, to extend the date for
the automatic conversion of US$2.5 million of MediaXposure Limited's loans
into shares of the Company from 30 September 2005 to 31 January 2006.

On 24th August 2005, the Company entered into a Subscription Agreement with
DKR Soundshore Oasis Holding Fund Ltd. for a US$3.0 million unsecured
convertible loan carrying 6% interest per annum.

Share Conversion, Capital Reduction and Divestment of Bella Media plc
On 8th April 2005, MediaXposure converted its US$8.0 million loan note into
6,213,364,852 ordinary shares of the Company. Consequent to this conversion,
MediaXposure control 49.55% of the Company shares

On 24 August 2005, the Company obtained a Court Order from the High Court of
Justice in England and Wales allowing the Company to cancel its Class A
deferred shares of 0.09p each amounting to a nominal value of 46,669,461.56
and the amount standing to the credit of the its share premium account
amounting to 32,849,613.04. The cancellation of the deferred shares and the
amount standing to the credit of the share premium account of the Company
will be used to eliminate the accumulated loss on the profit and loss
account of the Company and will create a reserve as to the balance against
which future losses can be eliminated.

The Company also divested of its entire 297,000,000 shares in Bella Media
plc on 14th September 2005 to Mr. Bronfman Sr. at a price of 0.125 pence per
share.


Operations Review
I am pleased to report that the Company launched a number of new products
through the Responze TV DRTV division during the first six months of this
year. In conjunction with our TV sales, our wholesale operations commenced
direct trading through several prominent retailers, including A. S. Watson,
the retailing chain of Hutchison Whampoa Limited.

The migration to our in-house call centre in Shanghai was completed in mid-
April, allowed the Responze TV DRTV business to generate higher sales
conversions, provide improved customer service and expand telemarketing
opportunities. The Call Centre provides a capacity for 70 operatives,
sufficient to meet the mid-term growth in the Responze TV business

Media airtime purchases and audience reach was also expanded throughout the
period, including a revenue sharing airtime agreement with China Media
Networks on five of their TV channels.

You will be aware from my previous statement to shareholders that we had
been in lengthy negotiations with the UK TV retailer sit-up Limited ("sit-
up"). These negotiations were successfully concluded on 21st July 2005 when
we entered into a licensing agreement with sit-up which will, following
satisfaction of various conditions, allow the Company to launch sit-up
branded channels throughout China, Hong Kong, Macau and Taiwan, similar to
sit-up's UK channels `price-drop tv' and `bid tv'.

Directors
In April 2005, the Company announced the appointment of Mr. David Shrimpton
as an Independent Non-Executive Director. He brings to Pacific Media a
wealth of knowledge regarding Stock Exchange regulations and best practice,
in particular corporate governance best practice, together with twenty years
of experience working with growth companies.

Mr. Shrimpton is Chairman of both the Company's Audit Committee and
Remuneration Committee, in line with his professional experience and areas
of expertise. With two Non-Executive, Independent Board members, Pacific
Media duly meets the corporate governance requirements articulated in the
Combined Code for UK listed companies.

In August 2005, the Company announced the appointment of Grahame Farquhar as
an Executive Director, taking up the post having occupied the position of
Chief Financial Officer 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.

Outlook
In the past few months, the Company has begun to expand international sales
efforts, and in addition to our DRTV shows, we are looking to introduce a
home shopping-style segment to our programme line-up. New products continue
to be sourced and developed, as the Board works towards securing funds from
third parties in order to launch the sit-up TV auction home shopping
channels in Greater China.


Darren Shaw
Executive Chairman

http://moneyam.uk-wire.com/cgi-bin/articles/20050928070000W2234.html

looking a bit more hopefull,