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New Media Spark (SPK)     

hangon - 03 Dec 2007 11:50

Previously "New Media Spark", they took in a large European investment business as on the face of it...it looks like a reasonable deal, although I don't fully understand Why, What, or anything else......I don't think it was "Sold" to me....DYOR.

Earlier in Jan 2007 the sp was 15p . . . . drifted to 12p and Spark Ventures [SPK] .. now looks like under 11.5p

+ Not sure what it really means - anyone else got an Insight?

Previously there was no Data (on Right-hand), now there is but I'm concerned it is for a previous company with the same Epic - don't know but just wonder.

dreamcatcher - 20 Jul 2015 20:22 - 7 of 10

ST of IC - Trading strategy

It’s worth noting that it is possible to deal between the bid-offer spread on the shares and in decent bargain sizes too. I would therefore recommend buying SPARK’s shares up to a maximum price of 4.75p to provide a margin of safety. If the market makers raise their offer prices then simply hold back and wait for them to drift back. This investment has potential to reap a 25 per cent return, and perhaps even more, over the next six months if you are disciplined. Buy.

dreamcatcher - 23 Jul 2015 17:36 - 8 of 10

St of IC today -So with new investors on board, and a cash rich balance sheet ready to be deployed on publicly listed small caps and private equity investments, I feel that SPARK’s shares really should not be trading on a 13.5 per cent discount to pro-forma book value. I remain a buyer and maintain this holding has potential to deliver a 25 per cent gain over the next six months, or even more if IMImobile becomes a takeover play.

dreamcatcher - 07 Aug 2015 14:20 - 9 of 10

Share Consolidation

Pursuant to the terms of the Share Consolidation, each Existing Ordinary Share with a nominal value of 0.25 pence will be subject to a 1 for 200 consolidation, resulting in Ordinary Shares with nominal value of 50 pence each. The record date for the Share Consolidation is 4.30 p.m. today, 6 August 2015, with the Share Consolidation becoming effective from Admission, 7 August 2015. The Company's ISIN from Admission will be GB00BYRH4982.

hangon - 12 Aug 2015 17:18 - 10 of 10

It was about 4p prior to the CON-solidation . . . so expect about £8 for a while, but I can't see anyone getting excited at £8, .... takeover-plays excepted ( Which always cause markets to pile-in, IMHO .).
EDIT (21Sept2015)- anyone going to the AGM? I think Execs have shown their lack of potential...... but maybe you know better???

UPDATE: 2018 - now known as Gresham House Strategic [ GHS ] - if that will improve things for L-T investors.
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