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

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

Danny. Best tip there is is to join in the fun on the NOWT thread.
See you there (but bring a bottle - valium would be favourite)
alan

6th December 2005

Pacific Media Plc ("Pacific Media" or the "Company")
Extension of Loan Facility

Pacific Media Plc (LSE:PCM), a leading Asia-based t-commerce company, is pleased
to announce that the Board has approved the terms of a proposed US$3,200,000
increase in the loan facility of US$7,000,000 (the "Facility") made by
MediaXposure Limited ("MediaXposure") to the Company on 17 December, 2004, 21
June, 2005 and 8 July 2005, on the same terms as the Facility, and that the
repayment date for the entire Facility has been extended to 31 December 2007.

The increased amount of US$3.2 million is in addition to the US$22 million
aggregate facilities previously provided to the Company by MediaXposure of
which, following conversion of US$8m Convertible Loan Notes into Pacific Media
shares on 8 April 2005, US$14 million remains outstanding. The increased amount
has been made available to the Company for its general working capital purposes,
and those of its subsidiaries and subsidiary undertakings.

The increased amount of the Facility is unsecured and, on drawdown, bears
interest at the London Interbank Offer Rate ("LIBOR") plus 900 basis points per
annum.

MediaXposure is a related party of the Company, as MediaXposure is an associate
of both Raymond Chang and Andre Koo, both of whom are directors of the Company.

"Our operations in China and abroad are growing with new initiatives underway,
and we are delighted that MediaXposure continues to support our expansion and
business plan with this increased loan facility", commented Pacific Media
Executive Chairman, Darren Shaw.

Topped up today.

can't afford anymore at the moment but will add when I can!!

yep last bit is a healthy statement ..which if you have some cash you can afford to lose , then now might be a time to risk it not sure if anyone mentioned it on here but saw a statement on national news last week on about on line shopping now becoming more popular across the world and that the normal retailers etc were beginning to see the affects of this ...which bodes well for pcm IF they can get their infrastructure set up and make a profit as well ...interesting bit is that MediaXposure must think its worth a shot as they are risking a bit more than my 10 mill cost just a thought !!

you will need a lot of patience,yes put it in a draw and forget about it......

just been talking to someone whose entire family is addicted to bid TV-channel 23 on freeview so I took a look. If the chinese get hooked on this too then this company will be a multibagger for sure we just have to be very patient--does anyone know if the PCM bid tv is up and running yet??

I thought we were waiting for the refinancing before PMC bid up could get going. may be not.

"Our operations in China and abroad are growing with new initiatives underway,

Picked up a few more--looked at the interim figures again and couldn't resist they have such potential bagger to them!!! this is moneyplus under another guise!

Likewise, can't resist this one particularly after studying the QXL success story and remembering that China is a much bigger market.
sd.

and you can put it in an ISA.

MP: Yes, thanks for reminding me of that. Fortunately I now have few quid left over from the swop from AEX to ELA and will buy a few million in PCM.
sd.

A bit of share buying interest today.

Worth watching the movement until new year...

From another board.

Comment by IC this weeek.

Mention on page 62.
IC VIEW After big 2005 interim losses, things should improve oin 2006. Fairly priced.
Loans have been set up as Pacific closed down IO satellite business to concentrate on establishing shopping channels in China.
The regional hub in Shanghai supplies nine regional satellite stations with over 300 mins of commercials per day.
They design products to sell on TV shopping channels in China and 17 other countries.

I have been watching channel 23 freeview--fascinating stuff could've bought some bargain christmas pressies! The goods are sold out in minutes the potential for PCM is explosive but they need time maybe look again in 2 years.

Nipped in for a few more today with my monthly gambling allowance.
Alan

Rather worringly, I got 'em for just under 0.95. Below the mid price.
Alan

Lucky you

The government revised its figure for China's economy.

LONDON, December 20 (newratings.com) China's economy grew last year by nearly twice the figure published earlier, according to a government report released in Beijing on Tuesday.

The government revised its figure of the countrys gross domestic product for 2004 upward to $2 trillion, taking the output growth figure to 16.8%. This represents an increase of $285 billion over the figure previously reported. A year-long census showed that millions of companies were unaccounted for last year, most of which were in the service sector, which is growing faster than the manufacturing sector, the National Bureau of Statistics said. The new data helped China replace Italy as the world's sixth largest economy in 2004, according to the National Bureau of Statistics. If Hong Kong were to be included in the figure, China would replace UK as the fourth largest economy in the world, behind only the US, Japan and Germany