Anyone in SFX ? .. relatively new company. lots of potential ( & cash calls!)Results due soon.. looks interesting. Any news/views ?

Seems like good news and the market likes it for the moment.
SP heading in the right direction but long way to get back to my break even level (bid=6.75p)

Screen FX H1 pretax loss widens
AFX


LONDON (AFX) - Screen FX PLC, which provides digital screen media, incurred a pretax loss of 2.6 mln stg in the first half of 2006, widening from a loss of 1.6 mln the prior year after a period of significant investment.

Turnover for the half year almost doubled the previous full year at 1.02 mln stg, compared with 118,000 stg for the comparative half-year.

Chief executive Dave Clark said ScreenFX continues to make strong progress and has now established itself as a leading player in the digital out-of-home market place.

Through MallFX he said the group has built the premium digital screen network in 25 of the UK's 'super malls', whilst the TrainFX and HealthFX divisions have also established a foothold in two strategically important channels and he said the board believes these opportunities can add significant incremental revenue streams to the group in the medium term.

'The media industry now expects that the digital outdoor sector will see significant growth in the coming years and we are confident that the ScreenFX business is well placed to capitalise in this marketplace.'

The board also said today that the balance sheet in the short term requires strengthening and it is working towards securing additional sources of finance in order to develop the business to its full potential.

Having invested in building the group's networks and the organisational capacity that operations require, the board said it now has the infrastructure in place to support longer term profitable growth.

newsdesk@afxnews.com

Good time to top up/buy in if you like a speculative gamble.. will either go bust in 12months or start making profits...

Makes the shares look cheap

Screen FX PLC
01 June 2007


Press Release 1 June 2007

ScreenFX plc

('ScreenFX' or 'the Company')

Placing

ScreenFX plc (AIM:SFX), the digital advertising and communications specialist,
announces today that it has successfully placed 200,000,000 new Ordinary Shares
at a placing price of 0.5 pence per share raising 1 million (before expenses).
The Company expects these shares to be admitted to trading on AIM on 7 June
2007.

- Ends -


For further information:
ScreenFX plc
Mike Cottman, Executive Chairman Tel: +44 (0) 161 428 5544

Give them time, they have a good advertising idea, it can only grow....
I have just bought a load. :-)

Bought some more this morning... hope this purchase recoups looses from my original purchase which was at 7p a few yrs back!