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

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

Continuous buying in these so far today.

The note is positive ("one of the best- selling direct response items for Pacific Media in China").
They had a couple of positive notes before, the share price rose fast on high volume but crashed in a couple of day with little volume. We should watch the movements.
Who knows, this time might be different.... !

good volume but in the grand scheme of things not a great amount...but we can safely say there are people watching and waiting for news...no doubt big players are waiting for some uncertainty to clear.......
so next positive news piece/deal will no doubt see these start to motor

couldnt be long till sit up is announced, anyone got any ideas?

from advfn thread


LATEST INFO:
Though the deadline for Sit-up.tv to subscribe for options in PCM has passed, unofficially (i.e. via e-mail) I received this reply to my concern about the sit-up.tv negotiation with Media Xposure from one of the IR contacts at Edleman .

Dear Mr DUSSELDORF,

Thank you for your enquiry.

The period during which the Option may be exercised has recently been extended. We expect to make an announcement on the subject of licensing agreements in due course.

Best regards,

time to pile in, they wouldnt extend the period to take up options if it didnt look like the deal was on track...


flying high!!

flying high indeed...was up 74% the other day..

and no drop the day after, I think more to come dont you?

RNS's coming out thick and fast on this one.

Certainly an interesting one at this price and with the Sit-up deal to be signed next month I am pleased to hold and add at this level.

Interesting to see that Sit-up has been purchased by Telewest and with the NTL merger on the cards thiscould lead to bigger and better things for PCM.

Tuck a few away....it may make you rich.

bought these at 10p years ago--glad to see they are still alive. when do you expect the sp to start moving??

Looking good if a deal can be struck, I am back in on these I got out on the dot-com drop, I made 300% the first time round lets hope we do beter this time.

http://www.sit-up.tv/

As you say moneyman Sit-up has been purchased by Telewest.

http://mediacentre.telewest.co.uk/phoenix.zhtml?c=76808&p=irol-newsArticle&ID=709771&highlight=

driver are you lucky or what?? I know -good judgement! At one time everybody was talking about these I should've known that was the time to get out!
Now I am seriously thinking of averaging because the deals look good at last also very few people are looking at them---for the moment. one for Eric and stockdog to examine!

moneyplus
You might be right there I will put eric on it.

Hi moneyplus and driver

An interesting one! Haven't a great deal of time at the moment and just had a quick run through. Will mull it over again this evening. It may be a good idea to ask stockdog as well as the finances take a bit of understanding.

First, the Hemscott figures (reproduced on MoneyAM) appear to be out of date regarding the issued share capital and therefore the market cap. 6.2 billion ord shares were issued on 5th April to MediaXposure as part of a conversion loan agreement representing 49.55% of the equity. Thus there are some 12.5 billion shares. HCEG was another company which had billions of shares but then consolidated which presumably PCM will do at some stage. So the cap. is 22.5m. Given that the loan value was $8m you could say the deal for MediaXposure was very good or that the current cap. is high.

Second, the chart doesn't tell you a lot - the sp seeems very happy at 0.18p as it keeps returning there after forays up and down! The dot.com price is history as the company has effectively been relaunched from scratch. Thus it needs to be evaluated on the prospects for the services that have been and will be launched.

The big attraction is clearly a route into the China and Hong Kong market with what appear to be state of the art T-commerce services. The bet therefore is whether these will take off against the questions around their funding. They are effectively now a subsiduary of MediaXposure as that company has the rights to convert a further loan that will further dilute the equity.

In the end of the day, the judgement is on the management and their actions all seem very business-like and demonstrate confidence in their own ability to deliver. I see Evolution are brokers and maintain a market. They have a recent note that mentions the sit-up deal but doesn't give any financial recommendation. So? A potential multi-bagger if everything comes together, but I suspect we are not far enough down the line to discount a belly-up ending! Not one for the life savings but a very interesting flutter!

Eric

Thank you Eric-good to have you checking this out. It's a relief to me to think my money might be recovered after all these years! The big temptation to me is that they are a main market share and I could tuck them in my ISA--very nice if they come good. If the Chinese spend like they gamble this could be a winner at last.

eric thanks for that good insight.

This from Evolution Securities.

The new management team have been radically restructuring the business. This has involved both recapitalising the balanace sheet and re-positioning the channels. As part of this re-positioning a number of intiatives are currently underway. One potential initiative involves launching auction channels in the style of "bid-up.tv" and "price.drop-tv". To help develop such channels Pacific Media is discussing with sit-up Limited a potential licensing agreement of their formats.

once momentum is fully restored the TV operations should begin to experience healthy margins.

you wont be disappointed...I just know it...

news and deals galore

dynamicsoul
Just a gut feeling is it then soul.