Origonally purchased in '99 at just over 1 and sold out at just over 10 a year later. Bought back in on the way down about 7 and watched the price go down and down!

Watched the price drop to 9p and now up to 40p. Finally some really good news:

Today: 8 May 2003, it is announced that: Pace wins new business with Australian operator FOXTEL

Pace Micro Technology plc has today announced a new digital set-top box
agreement to supply FOXTEL, Australia's leading subscription television
provider. FOXTEL will utilise Pace's latest digital set-top box platform to
launch its new digital cable service and extend its existing digital satellite
operation.

We may never go back to the prices of 3 years ago, but if the price continues up to 80p, buying in now could recover the loses. But will the share price make 80p?

Evolution Beeson Gregory has buy ratings for Serco, and Pace Micro Technology and outperform ratings for Debenhams and ParthusCEVA.

If I remember correctly production was moved to the Far East and as such unit cost price on the boxes should have fallen translating to the bottom line one hopes!
Yes agree marketing is all-important and companies need to be in your face on the high street.
Considering things have been pretty dire for pace they do seem to targeting the right kind of business at this time, and succeeding to some extent. As we know marketing is very expense and not as necessary when you can get others to do it for you, in this case the Australians
Tris

BBC doing a fine marketing job too ains :0) advertising on the BBC whatever next!..their 8 plus another 22 channels free to air all for 99 quid.

Tris

Yes ..... I noticed that - even got a leaflet to see what they had to say. There is a good website and lots of info on the available hardware. I liked the spec on the Nokia but it was on the big side



ains

I purchased a Grundig box for 75 from Comet two months ago. I now get channel 5 for the first time and the other channels the BBC are adverting. I actually rarely watch any of it! There was no sign of the PACE box in Comet.

Grundig have a new more compact box available with a remote extender which allows you to hide the box

well well a 'VW'500k after close .....VW Volume Weighted Average Price
A transaction that was effected at a price based on a volume weighted average price over a given period.
Tris

Looking at the purchases for day (especially with the last one you mention) the difference between them is huge, yet the share price has hardly moved.

Am I missing something?

Me and you both little woman lol..we need ains back for a full explanation of possibilities. He will help out here I know.
Tris

The last one clearly doesnt efect the trading/price but a look at the trades indicates very few done on sets and therefore not price moving in themselves. i often use off sets trades.

sorry ains, but you're going to have explain in more detail, what to look for.

Cheers Ains..there you go little women, not sure where it leaves us, but at least we know what it was lol
Tris

Oh no we dont lol.
Tris

Only trades on sets moves the price by virtue of the orders disapearing .... off sets trades are done through brokers at the touch price or better (which comes from sets)

So when we take a look at the trades, whidh are the set trades?

they are marked up - yellow on ME or AT instead of O

ains, I know its nothing to do with pace, but...........if you take a look at the trades on CS. the AT buys are way higher than the sells, yet the price has hardly moved. Is there something I am missing?

Corus is a highly traded share and moves fast ..... the trade analyser is almost certainly wrong but you will note the sets trades are again not in the majority. Its more an art form than science but you have to look at a number of factors including the timing of the trades and flow of orders. Corus and Pace are not really comparable