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Catalyst Media 24% up (CMX)     

Keysersoze - 08 Nov 2005 15:30

Chart.aspx?Provider=EODIntra&Code=CMX&Si


I have noticed over the last few days some strange trading going on with Catalyst shares does any body have any views on this?? Is something about to happen at last. No news to speak of as such .I have been in these from the first day after the shares where back to buy after the suspension with an average price @ 4.12. Maybe some one will make a response after having no luck with previous posts.

Keysersoze

squidd - 09 Nov 2005 20:19 - 4 of 49

It's on my bottom fisher's radar as a member of the 99 club (actually 97). Web site better than average, easy to understand and navigate around. Frosty might be viewed as a has been and doesn't seem to have made any impression since he came on board with 3M shares a couple of years ago, but if they have an exclusive on his archives - and why else would he be there - it could prove a mini gold mine.

Keysersoze - 09 Nov 2005 20:56 - 5 of 49

Nice to see that i am not the only person on this board that has a remote interest in Catalyst Media.With regards to your comments on Sir David Frost

Catalyst Media Group PLC
23 September 2005


23 September 2005

Catalyst Media Group Plc ("Catalyst Media" or the "Company")

Issue of Shares

Catalyst Media has made an application for 3,055,556 ordinary shares of 1p each
("Ordinary Shares") to be admitted to trading on AIM pursuant to an agreement
between the Company and David Paradine Productions Limited ("DPP"), a
company associated with Sir David Frost, in respect of royalties due to DPP,
details of which were set out in the admission document dated 5 August 2005.

Following the issue of shares, Sir David Frost will be interested in 6,388,889
Ordinary Shares, representing 1.02% of the enlarged issued ordinary share
capital.

The piece of the jigsaw i dont quite understand is the 23million acquisition of Alternateport Limited, a company whose sole asset is 20 per cent.
of the issued share capital of Satellite Information Services (Holdings)
Limited, the leading provider of live television pictures, data display services
and broadcast services for horse and greyhound racing to the licensed betting
industry in the UK and Ireland.
How they plan to intergrate this into the business i am yet to work out but with a market capital of 23.52 at todays share price by my calculations the rest of the company is worth 520k.

Major Investment funds with holdings

Eureka 150million
Gartmore 83million
Canada Life 30million
UBS 54million

Any thoughts on this good or bad i would pleased to hear.

Keysersoze.


Keysersoze - 10 Nov 2005 07:26 - 6 of 49

Catalyst Media Group PLC
10 November 2005

10 November 2005

Catalyst Media Group PLC

Increase in interest in Satellite Information Services (Holdings) Limited

Catalyst Media Group PLC ('CMG') is pleased to announce that Satellite
Information Services (Holdings) Limited ('SIS') has purchased 20,638 of its own
shares from the Racecourse Association for a consideration of 10.7 million in
cash. As a consequence, CMG's interest in SIS has increased from 16% to 17.6% at
no cost to CMG. Accordingly, CMG's share of the profits from and any future
dividend paid by SIS will increase from 16% to 17.6% with immediate effect.

CMG acquired its interest in SIS in September 2005 by the purchase
of Alternateport Limited from United Business Media plc (the
'Acquisition'). This acquisition was made through CMG's subsidiary, Catalyst
Media Holdings Ltd, which is owned as to 80% by CMG and 20% by Eureka
Interactive Fund Limited. At the time of the Acquisition, Alternateport owned
20% of SIS which has increased to 22% as a result of the share buy-back
described above.

Since the completion of the Acquisition in September 2005, CMG has embarked on a
strategy to de-risk and reduce costs in the Group so as to maximise the benefit
to shareholders of its ownership in SIS. As part of this process GMS, the New
York based Media Services business, has been sold to management and Betelgeuse
Productions Inc ('BPI'), the New York based television production company, has
entered into a joint venture with Pow Pix Productions who have assumed the
responsibility for running the post production facility. As a result of this
agreement BPI's annual cost base has been reduced to less than 100,000. The
Group is currently in discussions with a number of interested parties with
regard to its remaining US subsidiary, NPG Inc., which operates the world's
leading stock footage portal, Footage.net.

In the UK a comprehensive re-structuring has been implemented which has reduced
overheads by a further 500,000 annually and the Group now employs a total of 12
people worldwide.
Notwithstanding this reduction in overhead the Group continues to generate
revenues from its on-going relationships with GMS, BPI and Footage.net as well
as its content licensing activities in the UK and its investment in SIS.

Enquiries
Paul Duffen
Catalyst Media Group PLC
020 7927 6699



This information is provided by RNS
The company news service from the London Stock Exchange


Keysersoze - 11 Nov 2005 07:41 - 7 of 49

Copied from advfn a lot more coverage on Catalyst Media there than on here Maybe some eyes may start to open.


Catalyst Media ready for the bounce-back

You may have unpleasant memories of Catalyst Media Group. I tipped it (as Newsplayer) in February last year. Problems over the funding of its acquisition of a 20 per cent stake in Satellite Information Services (SIS), the bookies TV system, subsequently knocked the shares sideways. Having recommended them at 32p I threw in the towel at 13p when I told readers to cut their losses. They are currently 3.13p, which values the business at 19 million. They are now an outstanding buy.

The deal to buy the SIS stake proved unduly complicated. In the end, a separate company, called Alternateport, had to be set up to buy it. Alternateport was funded by as I understand it a hedge fund, which lent around 12 million so that the company could buy the SIS stake. In exchange for stumping up the cash for the stake, the hedge fund has taken a 20 per cent holding in Alternateport, which Catalyst finally took control of in September. Catalysts holding in SIS is therefore effectively 16 per cent.

SIS pays its shareholders a big dividend every four years. The next one is due in early 2006. It will total some 50 million. Some 10 million of that will find its way into Alternateport, going most of the way to eliminating the companys debt. Meanwhile, SIS looks like making around 25 million profit this year. Catalysts share of that should be over 3 million net of tax equivalent to earnings per share of about 0.6p a share.

Catalysts original business, founded on ownership of historic entertainment and educational media content, is in the distribution of audio-visual content via interactive digital technology. It lost 1.4 million in the half-year to end-April this year but cost cuts and other moves should result in reduced losses in the second half.

More importantly, however, the company is retreating from the services end of the business, where many of its operations (especially in the US) have been losing money. One New York-based media services business was sold recently and I expect more to follow. Catalyst is retaining content and data and will be focusing on making money from royalties and other income, rather than services, in the future. The growth of internet protocol-based television is right up its street.

The clear-out at Catalyst should result in a core business capable of making money again. It will also have an effective 16 per cent stake in SIS, which is currently growing at about 20 per cent a year. Looking a year out, Catalyst could be generating between 0.75p and 1p a share. That would justify a share price three or four times current levels. Catalyst may not be a widows and orphans stock, but it has a lot to offer the more adventurous investor.

Keysersoze.

DYOR.

Keysersoze - 11 Nov 2005 11:33 - 8 of 49

Looking more positive over the last few days after my last post thought i would get a response but no one seems to have woken up to the possible future of Catalyst Media as an investment yet.

Keysersoze

DYOR

Keysersoze - 11 Nov 2005 15:40 - 9 of 49

Another 10% up today and still no response come on guys good or bad im all ears seen as I seem to be talking to myself..

Keysersoze.

Greyhound - 11 Nov 2005 15:55 - 10 of 49

I'm paying attention Keyser! No available funds at the moment but may be on board soon.

squidd - 11 Nov 2005 18:24 - 11 of 49

Keysersoze: Your efforts are appreciated. I've been looking hard at this one for the last couple of days and was finally persuaded by your posts 6 & 7, which supported my own over-view of this co. I had a nibble this morning; mine was the 75K buy @ 4p, and seem already to have covered the spread.
We bottom fishers find it hard to gauge the exact low point, but my reading of the sp & OBV charts suggest to me that the potential for movement is mostly upside from here, so I'll be scouring my portfolio over the W.E. to look for any no-hopers and lost causes that might be traded to fund more in CMX.
Thanks for your posts.

Keysersoze - 11 Nov 2005 19:50 - 12 of 49

Squidd,

Welcome aboard I thought possibly there may have been more interest but early days. I am glad you found the posts informative. More posts to follow.One thing I am yet to find is info on SIS cant find it on the stock exchange nor on companies house will keep looking.

Keysersoze.

Keysersoze - 12 Nov 2005 09:54 - 13 of 49



Thats me on the right!!!!!!

Kesersoze does exist.

squidd - 12 Nov 2005 11:12 - 14 of 49

Keysersoze: I think SIS does exist, but is not a plc; try www.satelliteinfo.co.uk (I think).
Good to see that you too are a real person, but not too sure about the company you keep. Or, were you all hauled off the street for the ID parade?

Keysersoze - 12 Nov 2005 15:42 - 15 of 49

Squid,

Please contact me through my MAM email I have possibly stumbled across something very interesting or maybe it is nothing just want to run it by you before posting to see if what I am thinking makes sense or not .

Keysersoze.

Keysersoze - 13 Nov 2005 15:17 - 16 of 49

Squidd,

Look into this and see if you can find anything I may have missed and let me know your thoughts.

Nice to see you are also holding Yoomedia as well because this will interest you all the more these are just thoughts of mine and are still to be looked into further same names keep popping up all over the place.

In the year ended 31 March 2004, SIS achieved a turnover of 110.4
million, a profit before tax of 14.9 million and a net profit after taxation of 10.3 million. SIS has, in the recent past, had a policy of declaring a dividend every four years. The most recent dividend declared in respect of the financial year ended 31 March 2003, was 29.9 million. At 31 March 2004, SIS had net assets of 7.7 million.

Very nice figures possibly why the large investment trusts have such large holdings in Catalyst Media.

SIS Shareholders are as follows,

Catalyst Media
William Hill
Ladbrokes
Caledonia Investments PLC
The Tote
British Racecourses (just bought back 10% by SIS)


Why did Caledonia Investments PLC purchased a 22% holding from Thales for 18 mln stg in cash earlier on in the year. When Catalyst paid 23mln for a 20% holding only a few months later!!!! It appears to me that for some reason unknown to myself at this time that SIS could prove very profitable for Catalyst Medias activities but also could possibly be a good asset for Yoomedia (all ready connected with William Hill) to purchase Catalyst Media .
They both seem to be interested in the same lines of business. Catalyst Medias purchase of SIS for 23mln on its own is not far of the current market cap of Catalyst Media. It seems to me all to closely connected but I havent had the time to put the jigsaw together but then again I could be completely wrong but I am holding very large positions in both companies so I see it as a win win situation .



Keysersoze.


Keysersoze - 14 Nov 2005 09:11 - 17 of 49

More positive news !!!!!!

Catalyst Media Group PLC
14 November 2005


14 November 2005

Catalyst Media Group plc ('Catalyst' or 'the Company')

Holding in Company

The Company was notified on 11 November 2005, that as at 11 November 2005,
Universities Superannuation Scheme Limited has increased its interest to
40,200,000 ordinary shares of 1p each in Catalyst, representing 6.41% of the
issued ordinary share capital of the Company. The shares are registered under
Chase Nominees Ltd (USS).


This information is provided by RNS
The company news service from the London Stock Exchange


Keysersoze.

squidd - 14 Nov 2005 18:38 - 18 of 49

Sold some laggards early this morning and bought 150k CMX @ 4.1, though it registered as a sell.
Keyserzone: Thanks for an intriguing post, but I'd better say right away that I used to belong to a club called the Simpletons and this may help to explain my simplistic approach to investing. I don't believe the bits of the jig-saw necessarily fit together at all and there may be simple explanations for the buys. CMX stretched themselves for the stake in SIS which helped depress the sp to bargain levels, and the institutions, who tend to back whole shoals of minnows in the hope that some will grow up, sensed a bargain and took the opportunity in the same way as you and me are doing, to add or take up a holding.
I am investing in CMX and YOO on their 'stand alone' merits but, of course, it would be a bonus should a predator like William Hill take a fancy to them. Who knows, a pleurodon like Yahoo might even be tempted.
Like you, I want to build up a sizeable stake in both companies, but I can only proceed now by selling some quality stock. Decisions decisions.

Keysersoze - 14 Nov 2005 20:14 - 19 of 49

Squidd,

I am pretty much in the same boat as yourself I had a spring clean this morning D DAY as follows

Blackrock Oil out Ouch!!!!
Dowgate Capital out just about broke even
Catalyst Media 400k average 4.12
Yoomedia bought 100k@7.35p let 18k go last thing today @9.85 to square up my account.
Alkane Energy 30k average 32p still got faith in this one.

Problem being juggling around finances to increase stakes in cmx and yoo possibly could spare another 10k at a stretch another 100k in cmx the rest in yoo is the plan then if alk turns profitable then maybe some more yoo shares leaving me in a totally eggs in one basket scenario which most would advise against but i have firm beliefs in both companies risk Versus reward.What do you think about my plan very unconvetional eh? or just plain crazy ???

What are your thoughts as to why Caledonia Investments PLC purchased a 22% holding from Thales for 18 mln stg in cash earlier on in the year. When Catalyst paid 23mln for a 20% holding only a few months later!!!! and they also tried previously so it must be a great asset to there future..

Keysersoze.




squidd - 15 Nov 2005 03:56 - 20 of 49

(I sleep very soundly with my investments, but the wife's got a nasty cough, so got up for a drink).
Keysersoze: Yes, obviously they see SIS as an appreciating asset and a good bolt-on.
My wealth is mainly tied up in AEX, CSB, ELR & ULT, all of which were bought in the dark days when they looked as sickly as CMX does now; so these have been hugely successful. But not all my selection turns to gold. I've just cleaned out a couple that were flat, and I'm holding PCM & TAG, which continue to look sickly, but for which I have high hopes; and there have been major disasters.
I've just suffered a near total loss on EVS, though not so long ago, it looked like a good recovery stock. And this should serve as a warning not to put your eggs in one or two baskets. I think it would be madness to put most of your wealth into just two stocks, however wonderful they seem at the moment. Remember, we seem to be the only ones piling into CMX, so maybe it isn't all that attractive, and YOO has its detractors.
I leave you with the thought that with a lot of scars in my bank balance, I consider that no new stock is worth more than 10% of my wealth, but if it's that good it can always outrun others in the portfolio. sd.

Keysersoze - 15 Nov 2005 05:35 - 21 of 49

This should be renamed the Keysersoze & Squid Chatroom !!!!!!!! old chum.....

I thought you may have said that but long at my investments I have a sreiously unbalanced porfolio at the moment but I am short term leave it like this up until xmas to see where it goes then in the new year add another 10k but maybe not as I suggested in my last post. What are your thoughts as to how i a should re organize this mess.

Keysersoze.

squidd - 15 Nov 2005 20:11 - 22 of 49

Keysersoze: Sorry, I never advise anyone to buy stock, but I do post details about my own buys on the relevant thread, mainly to invite critical comment, and if anybody follows my lead, well that's their decision. I'm glad I bought CMX ahead of YOO and expect to continue doing so, but might pile into YOO when the dust has settled.
I'm essentially a bottom fisher; look at the chart for ELA to see the sort of collapse that can overwhelm a sound company, and the rewards for anyone brave or foolhardy enough to jump in afterwards. I think there could be a lot more mileage in ELA, and have posted on that thread, but be aware that I'm in deep at below 1/2 the present sp, so am unlikely to lose.
Meanwhile I think CMX continues to show promise so keep up the newsflow.
sd.

Keysersoze - 20 Nov 2005 22:21 - 23 of 49

Squidd ,Been away looks like another big investor into CMX do you think the two 500k buys friday would be connected to this or will they all ready have their 40 odd million shares before hand.

Keysersoze.

Catalyst Media Group PLC
14 November 2005


14 November 2005

Catalyst Media Group plc ('Catalyst' or 'the Company')

Holding in Company

The Company was notified on 11 November 2005, that as at 11 November 2005,
Universities Superannuation Scheme Limited has increased its interest to
40,200,000 ordinary shares of 1p each in Catalyst, representing 6.41% of the
issued ordinary share capital of the Company. The shares are registered under
Chase Nominees Ltd (USS).


This information is provided by RNS
The company news service from the London Stock Exchange


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