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

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

Reduced my holding by half, will keep the rest in the hope of a better future, I'm sure it will come in some shape or form!

This will be the big one when it comes and that could be at any time.

pcm working towards securing the necessary funds from new investors in order to launch dedicated sit-up style auction format and TV home shopping channels in Greater China. It is currently also reviewing opportunities with potential joint venture partners.

Revenue up
For the financial year ended 31 December 2005, Group revenues achieved US$4.6
million. This represents an increase of US$4.0 million

I will be adding on any dips while we wait no point in selling.

Not selling, cos like you, driver, I can't see the point in taking a loss now, though if memory serves me right, when we compared costs, your stock stood you much higher than me. Even though my losses are (at time of writing) minimal, I still see a longer term higher sp, if the next 12 months can be navigated.
Not going to top up though, cos I can't average my price down by any significant amount and I feel I have enough exposure on this one already.
Alan

Al
You are right on the top up I will properly just hold when the sit-up style auction comes of this will fly we will just have wait that little bit longer.

Alan/Driver
I only had 1m shares and was fortunate enough to make a small profit on my 500k sale, otherwise I would probably have hung on to all the shares, I can't find any serious reason to justify selling the remainder, this is more of a long term play now, risky of course, but with what I hold it is hardly going to bankrupt me! SEO next week to cheer us up!!!!

kim

A 30% drop and no big sells some punters have millions of these looks like most are hanging on.

What the HELL happened...when i went out sp was up ~17% then i come back and now down ~30%....can anyone shed some light.

m0dulus -
Basically we still havent gone into profit and the sit-up deal is still on going the drop is over done IMO..

I went out too!! Never mind hang on for another year though it would help if we got some regular updates from the company instead of the long silence. The island in the carib. will have to wait driver!! have a nice weekend all.

I posted this on the other side.
We all know what we have invested in responze tv, that has expanded towards Europe the USA
They now have their own in-house call centre in Shanghai that allows the Group to generate higher sales conversions from incoming call enquiries.

PCM now have a catalogue mail order business in Shanghai. The early results from this division are promising.


Pacific Media Asia Auctions Limited, this is going to be the big one with Sit-Up TV or Bid-Up TV as we know it the potential revenue from this is massive taking in the size of area China, Hong Kong, Macau and Taiwan, if they can pull it off, with the present management I think they can with there experience of TV home shopping programmes that they have already undertaken.

The 30% drop yesterday and no big sells some punters have millions of these so it looks like most are hanging on, I will be holding.

Having been a share holder in PCM for over 10 years and knowing the few "ups" and the many "downs" that we have experienced, I find the management very dilatory in not posting information, good or bad.
Even when I have said that I shall keep all my shareholding for the next couple of years and if no improvement I shall then sell my million of shares.
I am hoping to visit China in the autumn and will include a visit to Shanghai where I will be able to check out some of their investments.

this company will become a Chinese type Argos...the future is awesome...topping up tuesday if i can get under 0.1p

What is going on here..these shares are turning into a nightmare...any chance of a turnaround?

Grim isn't it !..... I bought in a month or two ago purely as a flutter.... didn't come off.. (surprise surprise!)

I'm staying and may even top up a little at these levels in the next week or two.

PCM must surely turn round in the next yr or two !?

This is one to tuck away and forget about-we've had the results as usual not so great! however if they manage to get the home shopping up and going successfully we'll be well rewarded-I hope! media exposure seems happy to keep them well funded although they now own so much of the company I would have thought they'll have to launch a t/o soon. don't expect to hear any more from them for some time!!

Agree with mp take your eye of them and come back when there 4p.

I put forward a few questions to PCM a week ago.

Questions include Sit-Up TV and keeping us more informed such as the catalogue mail order business in Shanghai that they failed to tell us about.


Just arrived.
Thanks for your email and apologies for the late response.

I understand your frustration and can only say that Pacific Media
endeavours to keep all its shareholders abreast of its information to
the best of its ability. As I have mentioned before, it is impossible
for me to comment on any matters that may be price sensitive however the
management remains upbeat and focussed for the coming year.

Best regards, Tom.

Nothing new there then.

Thanks for sharing that Driver.
Tells us nowt, not even whether the directors think things will improve.
Upbeat and focussed means sod all.
David Icke was upbeat and focussed on the end of the world and all he got was a new turquoise shell suit.
I'll tuck 'em away and hope for the future.
Alan

I was not happy with the last email from Tom. Steiner so I have emailed him again
Will post his reply if any.

Oi. Driver!! Is that you buying another 6 shares in PCM? At a time like this? You wreckless fool, you. ;-)
Alan